SummaryCompaniesInvestors believe PayPal has lost its way as rivals introduced new payment methodsCompany's attempts to retrench have not convinced marketBid of $53 billion not enough for board approval, sources sayAnalysts question whether company can attract better offersJuly 20 (Reuters) - Five years ago PayPal was a Wall Street favorite and a leader in digital payments. Since then the stock has plunged, Apple Pay dominates payment services in the U.S. and PayPal is facing a takeover bid it does not like. What happens next?
The company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout shop Advent International. PayPal’s board is discussing the bid but believes $60.50 a share is not enough, people familiar with the company said.
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It is a comedown for a company that helped to pioneer e-commerce and email-based payments, launching the careers of tech titans Elon Musk and Peter Thiel in the process. Founded in 1998, the San Jose, California, firm was acquired by eBay in 2002 and spun off as an independent company in 2015. Continued growth pushed its market value as high as $360 billion in 2021.
But since then its growth has slowed and competition intensified, while multiple attempts in recent years to jumpstart its business have borne little fruit.
Dealmakers are now weighing the value of PayPal’s sprawling payments ecosystem, from its 400 million-plus consumer accounts to its merchant checkout business, raising the question of whether the company is worth more as a single entity or as a collection of assets, such as the Venmo peer-to-peer payment app, that could be sold off in pieces.
PayPal declined to comment for this story.
In February, when the company named a new CEO, it acknowledged a need to address its position relative to competitors and within the broader industry landscape.
"While some progress has been made in a number of areas over the last two years, the pace of change and execution was not in line with the Board's expectations," it said in a statement.
Enrique Lores, who took over as CEO in March, has not commented on whether PayPal would pursue a sale.
PAYPAL MISSES A BEAT ON NEW OPPORTUNITIESWhile bigger rivals such as Apple (AAPL.O), opens new tab, Google and Samsung and upstarts including Stripe and Affirm (AFRM.O), opens new tab relentlessly rolled out new ways for consumers and businesses to pay for goods and services, analysts say PayPal was slow to explore opportunities in digital banking and commerce, or to offer fresh options when more people were using their phones to pay.
“Why bother becoming a digital bank if you can just be the world's biggest checkout button?” said Dan Dolev, senior analyst at Mizuho. “I think it was too easy to drink the honey straight from the checkout jar.”
Investors and industry executives are frustrated with PayPal's performance, said one source familiar with the company's deliberations. PayPal started before the iPhone even existed, but last year Apple Pay’s U.S. market share exceeded PayPal’s by 10 percentage points, according to PYMNTS Intelligence, a research company.
PayPal has also lagged many rivals in adopting AI and pushing into agentic commerce, in which AI agents negotiate and complete purchases on a user's behalf.
Owen Lau, an analyst at financial services firm Clear Street in New York, said PayPal prioritized winning market share by pricing aggressively, but failed to charge enough to generate attractive returns. Clear Street began coverage of PayPal this past week with a hold rating and a price target of $61 a share, compared with a $57.09 stock price on Friday.
Lau added that growth has slowed across key parts of the business, including Venmo, while newer products such as buy now, pay later have not panned out. PayPal’s user base has plateaued, he said, making growth a secondary concern to boosting profits from existing customers.
“They just want to win market share," he said. "They’re not charging appropriately, and they’re losing momentum in other parts of the business."
The company has had three CEOs in four years and this March embarked on its second turnaround effort since longtime chief Dan Schulman stepped aside in 2023.
BID MAY BE RAISED BUT RIVAL BIDS SEEN UNLIKELYLast year, according to a technology executive familiar with the matter, a deal with OpenAI to embed the PayPal digital wallet and processing into ChatGPT spurred a clash between the board and the executive team led by Alex Chriss, the CEO who succeeded Schulman. Chriss departed following Lores' appointment, after the board asked to delay the deal.
Still, the board is unlikely to support a deal at $53 billion, said another person familiar with the company.
Some discussions at the board level have centered on whether the bid is enough to even warrant opening negotiations, the person said. The board is weighing whether the company could be worth more based on its intent to hit milestones in its latest turnaround plan, the source added.
The sources spoke on condition of anonymity to discuss private deliberations.
Wall Street analysts believe Stripe and Advent can afford to pay more, and will. They have assembled $17 billion in equity, Reuters has reported, and have raised $50 billion in bank financing, potentially giving them the capacity to raise their offer.
The bidders' decisions on price could be informed in part by what PayPal says this month when it reports quarterly earnings, with a weak report likely to increase pressure on PayPal and a strong one potentially encouraging a higher offer.
Competing bids for PayPal appear unlikely, however. Analysts at Morgan Stanley said this past week that proposal would provide the "most credible path to value realization" for PayPal, which they said faces intense wallet competition and a maturing customer base.
Reporting by Hannah Lang, Milana Vinn in New York, Manya Saini in Bengaluru; Editing by Colin Barr, Michelle Price, Nick Zieminski and Edmund Klamann
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Hannah Lang covers financial technology and cryptocurrency, including the businesses that drive the industry and policy developments that govern the sector. Hannah previously worked at American Banker where she covered bank regulation and the Federal Reserve. She graduated from the University of Maryland, College Park and lives in Washington, DC.
Milana Vinn reports on technology, media, and telecom (TMT) mergers and acquisitions. Her content usually appears in the markets and deals sections of the website. Milana previously worked at GLG and PE Hub, where she spent several years covering TMT deals in private equity. She graduated from CUNY Graduate School of Journalism with Masters in Business Journalism.
Manya covers the most influential U.S. financial institutions, from Wall Street’s largest banks and card networks to leading asset managers and fintech companies. She also reports on late-stage venture capital fundraises, initial public offerings on U.S. exchanges and regulatory developments shaping the cryptocurrency industry. Her work appears across the finance, markets, business and future of money sections of the Reuters website. She holds a bachelor’s degree in political science from the University of Delhi and a master’s in journalism from the Symbiosis Institute of Media and Communication.
Cantillon Capital Management LLC lessened its holdings in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 11.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,019,710 shares of the software company’s stock after selling 137,527 shares during the quarter. Adobe makes up about 1.6% of Cantillon Capital Management LLC’s investment portfolio, making the stock its 29th biggest position. Cantillon Capital Management LLC owned 0.25% of Adobe worth $247,871,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the business. Norges Bank acquired a new stake in Adobe in the 4th quarter worth about $2,275,165,000. AQR Capital Management LLC increased its stake in shares of Adobe by 55.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,587,399 shares of the software company’s stock valued at $912,705,000 after acquiring an additional 920,353 shares during the last quarter. Amundi increased its stake in shares of Adobe by 17.9% during the 3rd quarter. Amundi now owns 4,888,283 shares of the software company’s stock valued at $1,711,583,000 after acquiring an additional 742,646 shares during the last quarter. State of Michigan Retirement System lifted its holdings in shares of Adobe by 566.1% during the 1st quarter. State of Michigan Retirement System now owns 820,823 shares of the software company’s stock worth $199,526,000 after acquiring an additional 697,600 shares during the period. Finally, AMF Tjanstepension AB purchased a new position in shares of Adobe during the 1st quarter worth about $167,494,000. Institutional investors and hedge funds own 81.79% of the company’s stock.
Adobe Price Performance ADBE opened at $237.25 on Monday. The company has a market capitalization of $94.31 billion, a P/E ratio of 13.57, a P/E/G ratio of 0.80 and a beta of 1.43. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.75. The firm’s fifty day moving average price is $228.58 and its two-hundred day moving average price is $255.50. Adobe Inc. has a fifty-two week low of $190.12 and a fifty-two week high of $376.16.
Adobe (NASDAQ:ADBE – Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The software company reported $5.96 earnings per share for the quarter, beating analysts’ consensus estimates of $5.82 by $0.14. Adobe had a return on equity of 65.11% and a net margin of 28.69%.The firm had revenue of $6.62 billion during the quarter, compared to analysts’ expectations of $6.45 billion. During the same period last year, the firm posted $5.06 EPS. The business’s revenue was up 12.7% on a year-over-year basis. Adobe has set its FY 2026 guidance at 24.350-24.450 EPS and its Q3 2026 guidance at 6.050-6.100 EPS. On average, analysts anticipate that Adobe Inc. will post 19.81 EPS for the current year.
Adobe declared that its Board of Directors has authorized a share buyback program on Tuesday, April 21st that permits the company to buyback $25.00 billion in outstanding shares. This buyback authorization permits the software company to repurchase up to 24.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.
Adobe News Roundup Here are the key news stories impacting Adobe this week:
Positive Sentiment: Multiple reports highlight Adobe’s attractive valuation, with some investors viewing the selloff as creating a buying opportunity and even raising the possibility that the company could become a takeover target. Is Adobe (ADBE) a Takeover Target? Rumors Are Swirling Positive Sentiment: Adobe was compared favorably with Autodesk on revenue trends, with Adobe showing larger scale and consistent quarter-over-quarter growth over the last eight quarters, which supports the case for durable business momentum. Adobe vs. Autodesk: What Revenue Trends Reveal About These Software Stocks Positive Sentiment: Several pieces frame Adobe as a potential beneficiary of the market’s reassessment of software stocks, arguing that AI is pressuring recurring-revenue models but that strong companies like Adobe are adapting and may emerge as relative winners. How to Find the Bargains in the Software Stock Wreckage Positive Sentiment: Commentary on Adobe’s “compelling valuation” and “generational buying opportunity” suggests investors are increasingly seeing the stock as undervalued despite intensifying competition. Adobe: Compelling Valuation Even Amid Intensifying Competition Positive Sentiment: Broader software-sector analysis also points to Adobe as having real competitive moats that AI may not easily replace, reinforcing confidence in the company’s long-term positioning. Alpha Buying: The Real Moats AI Can’t Replace Neutral Sentiment: Additional coverage on e-commerce and digital media trends mentions Adobe’s AI-related efforts, including its acquisition of Rephrase.AI, but the article is more about industry innovation than a direct catalyst for the stock. E-Commerce Update – AI Transforming Digital Retail Through Innovation and Connectivity Negative Sentiment: One article noted that an open-source browser-based PDF toolkit can replace Adobe Acrobat, highlighting ongoing competitive pressure in one of Adobe’s core product areas. I replaced Adobe Acrobat with a 10x faster, browser-based open-source PDF toolkit Insider Activity at Adobe In related news, CAO Jillian Forusz sold 755 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $246.25, for a total transaction of $185,918.75. Following the completion of the transaction, the chief accounting officer directly owned 3,521 shares of the company’s stock, valued at approximately $867,046.25. This represents a 17.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Shantanu Narayen sold 75,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $243.54, for a total value of $18,265,500.00. Following the completion of the transaction, the chief executive officer owned 359,538 shares of the company’s stock, valued at approximately $87,561,884.52. This represents a 17.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.20% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the stock. Citizens Jmp restated a “market perform” rating on shares of Adobe in a report on Friday, June 12th. Sanford C. Bernstein cut their price target on shares of Adobe from $447.00 to $379.00 and set an “outperform” rating on the stock in a research note on Friday, June 12th. Wells Fargo & Company decreased their price target on shares of Adobe from $330.00 to $250.00 and set an “overweight” rating on the stock in a report on Friday, June 12th. Dbs Bank cut shares of Adobe from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Summit Redstone set a $350.00 price objective on Adobe in a report on Friday, April 17th. Seven research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $275.00.
View Our Latest Stock Report on Adobe
Adobe Company Profile (Free Report)
Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.
The company’s core offerings are organized around digital media and digital experience.
See Also Five stocks we like better than Adobe Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding ADBE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adobe Inc. (NASDAQ:ADBE – Free Report).
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A Two-Year Window for the World's Largest StablecoinTether's $USDT, the world's largest stablecoin by circulation, is facing a shrinking window to secure its position on U.S. crypto platforms. The GENIUS Act, formally known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act, was signed into law one year ago. The law included a three-year grace period for compliance, and two years now remain, after which U.S. crypto platforms will not be able to offer stablecoins whose issuers have not met all the regulatory requirements.
The law demands that stablecoin issuers serving U.S. individuals must be permitted entities holding 1:1 reserves in U.S. dollars or equivalent liquid assets, publish monthly reserve disclosures, and comply with the Bank Secrecy Act, including full anti-money laundering and know-your-customer requirements.
Tether's most recent disclosures suggest that a meaningful share of USDT's reserves remains in assets that may not meet the law's expected standards, including precious metals, lending exposure, and bitcoin holdings. The central question is whether the largest issuer in the market can adapt its main product to a U.S. framework built around cash, Treasury bills, and formal regulatory oversight.
There is also a legal grey area around timing. Some lawyers assume that Tether gets until July 18, 2028 to comply, but others have suggested that foreign issuers would have to comply the moment the GENIUS Act officially goes live, which is likely six months from now in January. The one-year mark was also supposed to see federal financial regulators finishing their stablecoin rules, but none have done so yet, leaving some compliance uncertainty.
Circle Moves First, Tether Hedges With a New TokenDespite assurances last year from CEO Paolo Ardoino that the stablecoin giant would achieve U.S. compliance for USDT, the company has not yet revealed a sharp turn toward the demands of the GENIUS Act. Instead, Tether has taken a different approach for the domestic market. On January 27, 2026, Tether launched USA₮, a new stablecoin designed specifically to comply with the GENIUS Act's requirements, issued through Anchorage Digital Bank, a federally chartered crypto bank. USDT continues circulating globally for the international market, while USA₮ targets the U.S. market with full compliance. For USDT itself to remain accessible in the U.S., Tether would need to qualify as a compliant foreign issuer, a path that requires a reciprocity determination from the U.S. Treasury. As of mid-2026, that determination remains pending.
Rival Circle has taken the opposite approach. Circle proactively aligned its reserves, custody, and disclosure practices ahead of the law, which requires 1:1 backing by liquid assets and monthly reserve reports. The GENIUS Act validated Circle's architecture as the regulatory standard, meaning other stablecoins now have to retrofit themselves to match what USDC was already doing.
For Tether, the next two years are a compliance test. The company can restructure USDT to meet foreign-issuer standards, rely more heavily on USAT for the U.S. market, or risk seeing regulated platforms shift liquidity elsewhere.
Sources
CoinDesk: Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms
Crypto Briefing: Tether faces US ban by 2028 if it fails to comply with GENIUS Act
Finance Feeds: USDT's US Problem: Tether Faces the GENIUS Act Clock
SemiAnalysis: Kimi K3 Ranks Third Globally, Could Reveal Hidden Profit Margins of OpenAI and Anthropic
SemiAnalysis analysts Jordan Nanos and Max Kan recently analyzed Kimi K3, the model developed by Chinese AI startup Moonshot AI, concluding that it outperforms Google Gemini in comprehensive benchmark tests. This not only reflects the narrowing gap between Chinese and U.S. AI models but also offers new insights into the business models of closed-source AI firms like Anthropic and OpenAI. According to SemiAnalysis’s overall assessment, Kimi K3 currently ranks third globally, trailing only Fable 5 and GPT-5.6, and surpassing Google Gemini. The analysts noted that while this result does not signal major issues for Google’s AI business, Kimi K3’s publicly disclosed parameter count, performance, and pricing provide a reference for external estimates of the economic value of closed-source models. Kimi K3 has 2.8 trillion parameters, far exceeding most open-source models. Jordan Nanos stated that a model of this size cannot be deployed on a single NVIDIA B200 GPU, requiring higher-spec hardware such as GB300, B300-class systems, or AMD MI355X. Based on this, he speculated that Anthropic and OpenAI’s flagship closed-source models likely operate at a similar parameter scale, rather than holding an order-of-magnitude advantage. In terms of business models, Kimi K3’s launch price is close to Anthropic’s Sonnet series: input pricing is approximately $3 per million tokens, and output pricing is around $15 per million tokens, a roughly threefold increase over the previous Kimi generation. Max Kan argued that if Moonshot AI is not operating at a long-term loss, then Anthropic and OpenAI charging higher prices for models of comparable size suggests their API business may have high profit margins. “Selling API tokens could be more profitable than SaaS,” he said. However, the two analysts emphasized that these judgments are not based on the AI companies’ public financial data, but rather on reverse inference drawn from Kimi K3’s parameters, pricing, and performance.
1 minutes ago
Goldman Sachs warns that inflationary pressures are spreading across the US, with Fed Chair Walsh facing mounting pressure to raise interest rates.
Goldman Sachs’ latest research report shows that U.S. inflationary pressure is spreading from a narrow set of sectors to a broader range of areas. While current inflation levels have not yet hit their 2022 peak, the expanding scope of price increases is posing greater challenges to the Federal Reserve’s policy efforts. Goldman Sachs economist Jessica Rindels analyzed the extent of inflation spread using the six-month annualized change rate of the Personal Consumption Expenditures (PCE) price index, a key metric closely watched by the Fed. The data shows that, compared to the average inflation level between 1990 and 2019, the pressure index for inflation categories exceeding 3% has reached around 6, while it stood at 10 during the 2022 inflation peak. The report points out that sectors such as audio-visual equipment, financial services, healthcare, and transportation have become key drivers of current price increases. Meanwhile, housing rent inflation, which carries a significant weight in the PCE index, is projected to fall below 3% in the fourth quarter of this year, potentially serving as a key factor easing inflationary pressure. Goldman Sachs’ analysis aligns with recent concerns from new Fed Chair Kevin Warsh about the "broadening of inflation". Warsh stated that preventing price hikes from spreading to more sectors of the economy is a key task for the Federal Reserve. However, unlike former Chair Jerome Powell’s relatively clear policy communication style, Warsh has so far refused to provide specific interest rate path guidance. Jeremy Schwartz, senior U.S. economist at Nomura Securities, noted that the Fed is reducing forward guidance to the market, and this policy uncertainty has heightened concerns on Wall Street. Meanwhile, hawkish voices within the Fed are growing. Dallas Fed President Lorie Logan has expressed support for moderate interest rate hikes, arguing that the current economic resilience is inconsistent with inflation risks.
1 minutes ago
Iranian sources: Mediators have proposed a 10-day pause on strikes to seek ways to restore the temporary agreement between Iran and the United States.
Senior Iranian sources said the mediator has proposed a 10-day pause in strikes to find ways to revive the interim agreement between Iran and the U.S. (Jinshi)
1 minutes ago
OKX's World Cup prediction campaign has concluded, with the X Layer ecosystem recording over 136 million total transactions in the past 30 days.
According to official data, OKX’s World Cup prediction campaign officially concluded on July 19 alongside the final match, drawing a total of 433,590 participants, with a prize pool of approximately $4.2 million and covering 104 matches. As of July 20, the total number of transactions in OKX’s X Layer ecosystem over the past 30 days reached 136,048,079, with on-chain latency and block settlement frequency both under 100 milliseconds. It is reported that OKX’s World Cup prediction campaign launched on June 3, and was the first self-operated application of Exchange OS, the trading infrastructure built by OKX based on X Layer. Leveraging match prediction as its use case, the campaign further demonstrates X Layer’s capabilities in high-frequency interaction, low-latency settlement, and on-chain trading infrastructure.
1 minutes ago
Hacken: Crypto institutions no longer rely solely on audits; security assessments are shifting to continuous monitoring and operational resilience.
Blockchain security firm Hacken has released a report stating that crypto institutions are re-evaluating project security standards, as traditional smart contract audits and operational histories are no longer sufficient as trust benchmarks. Investors are now focusing on continuous monitoring, signature permission management, and incident response capabilities. According to Hacken’s Q2 2026 Security & Compliance Report, among the 1,427 projects it tracks, only 9% have deployed third-party continuous monitoring mechanisms, and just 4% have all three elements: monitoring, bug bounty programs, and security audits. The report shows that of the approximately $764 million in crypto asset losses recorded in Q2 2026, 88.3% came from private key leaks, signature permission issues, and infrastructure security problems, rather than smart contract vulnerabilities. Hacken noted that institutional investors are increasingly adding assessments of signer changes, collateral support, third-party dependencies, incident response capabilities, and audit scope and timeliness to their due diligence processes. The report points out that the 14 projects attacked in Q2 had all undergone audits before, but most losses stemmed from areas outside the coverage of traditional audits, including signature devices, cross-chain bridge validation nodes, backend infrastructure, administrator keys, and old contracts still in operation. Hacken stated that as institutional capital enters the crypto market, projects lacking continuous security proof may face higher risk premiums, fewer investment opportunities, and greater difficulty obtaining insurance and partner support. Federico Bagiotti, Head of Risk Management at Abraxas Capital, said that whether a project’s security level matches its funding scale has become a key criterion for institutional investment, surpassing project potential.
1 minutes ago
The total accounts on #Tron has surpassed 394M. Active accounts reached 4,646,026, up 4.64% in the past 24 hours.
The total accounts on #Tron has surpassed 394M. Active accounts reached 4,646,026, up 4.64% in the past 24 hours.
Allbridge, a decentralized cross-chain bridge, suffered a $1.65 million exploit that forced the suspension of Allbridge Core. This is after the attacker secured a $1.12 million USD Coin [USDC] flash loan and later manipulated the USDC/USDT pool ratio.
That distortion let the attacker withdraw liquidity at favorable exchange rates before moving the stolen assets from Solana [SOL] to Ethereum [ETH]. Later on, the protocol quickly halted Allbridge Core and urged liquidity providers to withdraw funds from affected pools.
Source: X Those measures aimed to limit further losses while developers investigated the cause of the breach. Instead of exploiting cross-chain transfers, the attacker targeted the bridge’s liquidity pricing mechanism.
This attack demonstrated that flash-loan-type exploits can still affect DeFi applications with robust security features.
Additionally, it highlighted the need for improved pricing resilience and protection of liquidity in cross-chain environments as they continue to grow and become increasingly attractive destinations for large amounts of capital.
Flash loan triggered the liquidity drain The exploit unfolded after the attacker secured a $1.12 million USDC flash loan from Kamino. This enabled them to manipulate the Allbridge stable coin pool without risking their own capital.
Using the borrowed funds, the hacker then did repeated USDC to Tether [USDT] swaps. As a result, this caused distortion in the price of the stablecoin pool.
Source: X As the imbalance widened, each swap increased the value available for withdrawal under the manipulated exchange ratio. The attacker capitalized on that window by extracting 948,927.53 USDT.
The transaction trail then recorded a $2.24 million USDC movement through the Allbridge bridge, illustrating how the manipulated liquidity quickly translated into one of the protocol’s largest single transfers before the funds moved beyond Solana.
Allbridge Core’s TVL remained relatively stable near $21.61 million before the exploit disrupted liquidity conditions. However, the protocol’s suspension quickly accelerated withdrawals as liquidity providers responded to the heightened risk.
Source: DeFiLlama That pressure pushed TVL sharply down to $12.78 million, marking one of its steepest single declines. The drop reflected more than lost funds because users also reduced capital exposure during the uncertainty.
Consequently, recovery now depends on restoring confidence through stronger security measures, transparent updates, and renewed liquidity participation. Sustained TVL growth will ultimately signal whether users trust the protocol again.
Final Summary Allbridge’s $1.65 million exploit exposed how flash-loan attacks can manipulate bridge liquidity and pricing mechanisms. Allbridge’s recovery now hinges on restoring TVL, strengthening security, and rebuilding user confidence.
SemiAnalysis: Kimi K3 Ranks Third Globally, Could Reveal Hidden Profit Margins of OpenAI and Anthropic
SemiAnalysis analysts Jordan Nanos and Max Kan recently analyzed Kimi K3, the model developed by Chinese AI startup Moonshot AI, concluding that it outperforms Google Gemini in comprehensive benchmark tests. This not only reflects the narrowing gap between Chinese and U.S. AI models but also offers new insights into the business models of closed-source AI firms like Anthropic and OpenAI. According to SemiAnalysis’s overall assessment, Kimi K3 currently ranks third globally, trailing only Fable 5 and GPT-5.6, and surpassing Google Gemini. The analysts noted that while this result does not signal major issues for Google’s AI business, Kimi K3’s publicly disclosed parameter count, performance, and pricing provide a reference for external estimates of the economic value of closed-source models. Kimi K3 has 2.8 trillion parameters, far exceeding most open-source models. Jordan Nanos stated that a model of this size cannot be deployed on a single NVIDIA B200 GPU, requiring higher-spec hardware such as GB300, B300-class systems, or AMD MI355X. Based on this, he speculated that Anthropic and OpenAI’s flagship closed-source models likely operate at a similar parameter scale, rather than holding an order-of-magnitude advantage. In terms of business models, Kimi K3’s launch price is close to Anthropic’s Sonnet series: input pricing is approximately $3 per million tokens, and output pricing is around $15 per million tokens, a roughly threefold increase over the previous Kimi generation. Max Kan argued that if Moonshot AI is not operating at a long-term loss, then Anthropic and OpenAI charging higher prices for models of comparable size suggests their API business may have high profit margins. “Selling API tokens could be more profitable than SaaS,” he said. However, the two analysts emphasized that these judgments are not based on the AI companies’ public financial data, but rather on reverse inference drawn from Kimi K3’s parameters, pricing, and performance.
1 minutes ago
Goldman Sachs warns that inflationary pressures are spreading across the US, with Fed Chair Walsh facing mounting pressure to raise interest rates.
Goldman Sachs’ latest research report shows that U.S. inflationary pressure is spreading from a narrow set of sectors to a broader range of areas. While current inflation levels have not yet hit their 2022 peak, the expanding scope of price increases is posing greater challenges to the Federal Reserve’s policy efforts. Goldman Sachs economist Jessica Rindels analyzed the extent of inflation spread using the six-month annualized change rate of the Personal Consumption Expenditures (PCE) price index, a key metric closely watched by the Fed. The data shows that, compared to the average inflation level between 1990 and 2019, the pressure index for inflation categories exceeding 3% has reached around 6, while it stood at 10 during the 2022 inflation peak. The report points out that sectors such as audio-visual equipment, financial services, healthcare, and transportation have become key drivers of current price increases. Meanwhile, housing rent inflation, which carries a significant weight in the PCE index, is projected to fall below 3% in the fourth quarter of this year, potentially serving as a key factor easing inflationary pressure. Goldman Sachs’ analysis aligns with recent concerns from new Fed Chair Kevin Warsh about the "broadening of inflation". Warsh stated that preventing price hikes from spreading to more sectors of the economy is a key task for the Federal Reserve. However, unlike former Chair Jerome Powell’s relatively clear policy communication style, Warsh has so far refused to provide specific interest rate path guidance. Jeremy Schwartz, senior U.S. economist at Nomura Securities, noted that the Fed is reducing forward guidance to the market, and this policy uncertainty has heightened concerns on Wall Street. Meanwhile, hawkish voices within the Fed are growing. Dallas Fed President Lorie Logan has expressed support for moderate interest rate hikes, arguing that the current economic resilience is inconsistent with inflation risks.
1 minutes ago
Iranian sources: Mediators have proposed a 10-day pause on strikes to seek ways to restore the temporary agreement between Iran and the United States.
Senior Iranian sources said the mediator has proposed a 10-day pause in strikes to find ways to revive the interim agreement between Iran and the U.S. (Jinshi)
1 minutes ago
OKX's World Cup prediction campaign has concluded, with the X Layer ecosystem recording over 136 million total transactions in the past 30 days.
According to official data, OKX’s World Cup prediction campaign officially concluded on July 19 alongside the final match, drawing a total of 433,590 participants, with a prize pool of approximately $4.2 million and covering 104 matches. As of July 20, the total number of transactions in OKX’s X Layer ecosystem over the past 30 days reached 136,048,079, with on-chain latency and block settlement frequency both under 100 milliseconds. It is reported that OKX’s World Cup prediction campaign launched on June 3, and was the first self-operated application of Exchange OS, the trading infrastructure built by OKX based on X Layer. Leveraging match prediction as its use case, the campaign further demonstrates X Layer’s capabilities in high-frequency interaction, low-latency settlement, and on-chain trading infrastructure.
1 minutes ago
Hacken: Crypto institutions no longer rely solely on audits; security assessments are shifting to continuous monitoring and operational resilience.
Blockchain security firm Hacken has released a report stating that crypto institutions are re-evaluating project security standards, as traditional smart contract audits and operational histories are no longer sufficient as trust benchmarks. Investors are now focusing on continuous monitoring, signature permission management, and incident response capabilities. According to Hacken’s Q2 2026 Security & Compliance Report, among the 1,427 projects it tracks, only 9% have deployed third-party continuous monitoring mechanisms, and just 4% have all three elements: monitoring, bug bounty programs, and security audits. The report shows that of the approximately $764 million in crypto asset losses recorded in Q2 2026, 88.3% came from private key leaks, signature permission issues, and infrastructure security problems, rather than smart contract vulnerabilities. Hacken noted that institutional investors are increasingly adding assessments of signer changes, collateral support, third-party dependencies, incident response capabilities, and audit scope and timeliness to their due diligence processes. The report points out that the 14 projects attacked in Q2 had all undergone audits before, but most losses stemmed from areas outside the coverage of traditional audits, including signature devices, cross-chain bridge validation nodes, backend infrastructure, administrator keys, and old contracts still in operation. Hacken stated that as institutional capital enters the crypto market, projects lacking continuous security proof may face higher risk premiums, fewer investment opportunities, and greater difficulty obtaining insurance and partner support. Federico Bagiotti, Head of Risk Management at Abraxas Capital, said that whether a project’s security level matches its funding scale has become a key criterion for institutional investment, surpassing project potential.
1 minutes ago
The total accounts on #Tron has surpassed 394M. Active accounts reached 4,646,026, up 4.64% in the past 24 hours.
The total accounts on #Tron has surpassed 394M. Active accounts reached 4,646,026, up 4.64% in the past 24 hours.
SemiAnalysis: Kimi K3 Ranks Third Globally, Could Reveal Hidden Profit Margins of OpenAI and Anthropic
SemiAnalysis analysts Jordan Nanos and Max Kan recently analyzed Kimi K3, the model developed by Chinese AI startup Moonshot AI, concluding that it outperforms Google Gemini in comprehensive benchmark tests. This not only reflects the narrowing gap between Chinese and U.S. AI models but also offers new insights into the business models of closed-source AI firms like Anthropic and OpenAI. According to SemiAnalysis’s overall assessment, Kimi K3 currently ranks third globally, trailing only Fable 5 and GPT-5.6, and surpassing Google Gemini. The analysts noted that while this result does not signal major issues for Google’s AI business, Kimi K3’s publicly disclosed parameter count, performance, and pricing provide a reference for external estimates of the economic value of closed-source models. Kimi K3 has 2.8 trillion parameters, far exceeding most open-source models. Jordan Nanos stated that a model of this size cannot be deployed on a single NVIDIA B200 GPU, requiring higher-spec hardware such as GB300, B300-class systems, or AMD MI355X. Based on this, he speculated that Anthropic and OpenAI’s flagship closed-source models likely operate at a similar parameter scale, rather than holding an order-of-magnitude advantage. In terms of business models, Kimi K3’s launch price is close to Anthropic’s Sonnet series: input pricing is approximately $3 per million tokens, and output pricing is around $15 per million tokens, a roughly threefold increase over the previous Kimi generation. Max Kan argued that if Moonshot AI is not operating at a long-term loss, then Anthropic and OpenAI charging higher prices for models of comparable size suggests their API business may have high profit margins. “Selling API tokens could be more profitable than SaaS,” he said. However, the two analysts emphasized that these judgments are not based on the AI companies’ public financial data, but rather on reverse inference drawn from Kimi K3’s parameters, pricing, and performance.
1 minutes ago
Goldman Sachs warns that inflationary pressures are spreading across the US, with Fed Chair Walsh facing mounting pressure to raise interest rates.
Goldman Sachs’ latest research report shows that U.S. inflationary pressure is spreading from a narrow set of sectors to a broader range of areas. While current inflation levels have not yet hit their 2022 peak, the expanding scope of price increases is posing greater challenges to the Federal Reserve’s policy efforts. Goldman Sachs economist Jessica Rindels analyzed the extent of inflation spread using the six-month annualized change rate of the Personal Consumption Expenditures (PCE) price index, a key metric closely watched by the Fed. The data shows that, compared to the average inflation level between 1990 and 2019, the pressure index for inflation categories exceeding 3% has reached around 6, while it stood at 10 during the 2022 inflation peak. The report points out that sectors such as audio-visual equipment, financial services, healthcare, and transportation have become key drivers of current price increases. Meanwhile, housing rent inflation, which carries a significant weight in the PCE index, is projected to fall below 3% in the fourth quarter of this year, potentially serving as a key factor easing inflationary pressure. Goldman Sachs’ analysis aligns with recent concerns from new Fed Chair Kevin Warsh about the "broadening of inflation". Warsh stated that preventing price hikes from spreading to more sectors of the economy is a key task for the Federal Reserve. However, unlike former Chair Jerome Powell’s relatively clear policy communication style, Warsh has so far refused to provide specific interest rate path guidance. Jeremy Schwartz, senior U.S. economist at Nomura Securities, noted that the Fed is reducing forward guidance to the market, and this policy uncertainty has heightened concerns on Wall Street. Meanwhile, hawkish voices within the Fed are growing. Dallas Fed President Lorie Logan has expressed support for moderate interest rate hikes, arguing that the current economic resilience is inconsistent with inflation risks.
1 minutes ago
Iranian sources: Mediators have proposed a 10-day pause on strikes to seek ways to restore the temporary agreement between Iran and the United States.
Senior Iranian sources said the mediator has proposed a 10-day pause in strikes to find ways to revive the interim agreement between Iran and the U.S. (Jinshi)
1 minutes ago
OKX's World Cup prediction campaign has concluded, with the X Layer ecosystem recording over 136 million total transactions in the past 30 days.
According to official data, OKX’s World Cup prediction campaign officially concluded on July 19 alongside the final match, drawing a total of 433,590 participants, with a prize pool of approximately $4.2 million and covering 104 matches. As of July 20, the total number of transactions in OKX’s X Layer ecosystem over the past 30 days reached 136,048,079, with on-chain latency and block settlement frequency both under 100 milliseconds. It is reported that OKX’s World Cup prediction campaign launched on June 3, and was the first self-operated application of Exchange OS, the trading infrastructure built by OKX based on X Layer. Leveraging match prediction as its use case, the campaign further demonstrates X Layer’s capabilities in high-frequency interaction, low-latency settlement, and on-chain trading infrastructure.
1 minutes ago
Hacken: Crypto institutions no longer rely solely on audits; security assessments are shifting to continuous monitoring and operational resilience.
Blockchain security firm Hacken has released a report stating that crypto institutions are re-evaluating project security standards, as traditional smart contract audits and operational histories are no longer sufficient as trust benchmarks. Investors are now focusing on continuous monitoring, signature permission management, and incident response capabilities. According to Hacken’s Q2 2026 Security & Compliance Report, among the 1,427 projects it tracks, only 9% have deployed third-party continuous monitoring mechanisms, and just 4% have all three elements: monitoring, bug bounty programs, and security audits. The report shows that of the approximately $764 million in crypto asset losses recorded in Q2 2026, 88.3% came from private key leaks, signature permission issues, and infrastructure security problems, rather than smart contract vulnerabilities. Hacken noted that institutional investors are increasingly adding assessments of signer changes, collateral support, third-party dependencies, incident response capabilities, and audit scope and timeliness to their due diligence processes. The report points out that the 14 projects attacked in Q2 had all undergone audits before, but most losses stemmed from areas outside the coverage of traditional audits, including signature devices, cross-chain bridge validation nodes, backend infrastructure, administrator keys, and old contracts still in operation. Hacken stated that as institutional capital enters the crypto market, projects lacking continuous security proof may face higher risk premiums, fewer investment opportunities, and greater difficulty obtaining insurance and partner support. Federico Bagiotti, Head of Risk Management at Abraxas Capital, said that whether a project’s security level matches its funding scale has become a key criterion for institutional investment, surpassing project potential.
1 minutes ago
The total accounts on #Tron has surpassed 394M. Active accounts reached 4,646,026, up 4.64% in the past 24 hours.
The total accounts on #Tron has surpassed 394M. Active accounts reached 4,646,026, up 4.64% in the past 24 hours.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Dimensional Fund Advisors LP boosted its stake in Pfizer Inc. (NYSE:PFE – Free Report) by 0.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,422,799 shares of the biopharmaceutical company’s stock after purchasing an additional 293,029 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.64% of Pfizer worth $1,022,606,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Pfizer in the fourth quarter worth about $1,830,986,000. Morgan Stanley grew its stake in Pfizer by 19.2% during the fourth quarter. Morgan Stanley now owns 89,113,604 shares of the biopharmaceutical company’s stock valued at $2,218,929,000 after acquiring an additional 14,342,946 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Pfizer by 38.9% during the fourth quarter. Bank of New York Mellon Corp now owns 48,514,971 shares of the biopharmaceutical company’s stock valued at $1,208,023,000 after acquiring an additional 13,581,757 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Pfizer by 577.5% during the 4th quarter. Janus Henderson Group PLC now owns 8,786,084 shares of the biopharmaceutical company’s stock worth $218,817,000 after acquiring an additional 7,489,189 shares during the period. Finally, Capital World Investors lifted its stake in Pfizer by 51.5% in the 4th quarter. Capital World Investors now owns 21,433,890 shares of the biopharmaceutical company’s stock worth $533,704,000 after purchasing an additional 7,287,194 shares in the last quarter. Hedge funds and other institutional investors own 68.36% of the company’s stock.
Analyst Ratings Changes Several brokerages have commented on PFE. BMO Capital Markets cut their price target on shares of Pfizer from $34.00 to $30.00 and set an “outperform” rating for the company in a report on Monday, July 13th. Citigroup upped their price target on shares of Pfizer from $26.00 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Royal Bank Of Canada raised Pfizer from an “underperform” rating to a “sector perform” rating and set a $25.00 price objective for the company in a research note on Tuesday, June 9th. Morgan Stanley upped their target price on Pfizer from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Friday, April 10th. Finally, CICC Research began coverage on Pfizer in a report on Thursday, April 16th. They issued an “outperform” rating and a $33.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Pfizer presently has a consensus rating of “Hold” and a consensus target price of $28.50.
Check Out Our Latest Research Report on Pfizer
Pfizer Price Performance PFE stock opened at $25.08 on Monday. The firm has a 50 day simple moving average of $25.21 and a two-hundred day simple moving average of $26.18. The stock has a market cap of $142.94 billion, a PE ratio of 19.15 and a beta of 0.35. Pfizer Inc. has a one year low of $23.11 and a one year high of $28.75. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.25 and a quick ratio of 0.94.
Pfizer (NYSE:PFE – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The biopharmaceutical company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.03. Pfizer had a net margin of 11.83% and a return on equity of 19.44%. The firm had revenue of $14.45 billion for the quarter, compared to analysts’ expectations of $13.84 billion. During the same quarter last year, the company posted $0.92 EPS. The business’s quarterly revenue was up 5.4% on a year-over-year basis. Pfizer has set its FY 2026 guidance at 2.800-3.000 EPS. On average, analysts predict that Pfizer Inc. will post 2.96 EPS for the current fiscal year.
Pfizer Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, July 24th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $1.72 annualized dividend and a yield of 6.9%. Pfizer’s payout ratio is 131.30%.
Key Pfizer News Here are the key news stories impacting Pfizer this week:
Positive Sentiment: Recent commentary continues to focus on Pfizer’s pipeline potential, with articles asking whether the company can strengthen its growth story through new drug development and recent approvals, which could support a longer-term rebound. Can Pfizer (NYSE:PFE) Strengthen Its Pipeline Story? Positive Sentiment: Pfizer remains attractive to income-focused investors, with coverage highlighting it as a high-yield dividend stock and a potential “buy on the dip” name, which may help limit downside. 3 High-Yield Dividend Stocks to Buy and Hold Neutral Sentiment: Analysts are still modeling solid full-year earnings, but Erste Group slightly trimmed its FY2026 EPS estimate for Pfizer to $2.92 from $2.95, signaling only a small downward revision versus the consensus of $2.96. Neutral Sentiment: Another valuation-focused note said Pfizer looks “fairly priced” given mixed pipeline risks, suggesting the stock may not be obviously cheap despite its lower valuation and high dividend. Negative Sentiment: Pfizer suspended sales of Premarin vaginal cream in India because of supply challenges, adding another operational headwind for the company. Pfizer suspends sales of Premarin vaginal cream in India, citing supply challenges Negative Sentiment: Arbutus Biopharma filed international patent lawsuits against Pfizer and BioNTech over lipid nanoparticle technology used in mRNA vaccines, keeping legal risk and potential costs in focus for PFE. Arbutus Initiates International Patent Infringement Enforcement Actions Against Pfizer and BioNTech… Pfizer Company Profile (Free Report)
Pfizer Inc (NYSE: PFE) is a multinational biopharmaceutical company headquartered in New York City. Founded in 1849 by Charles Pfizer and Charles Erhart, the company researches, develops, manufactures and commercializes a broad range of medicines and vaccines for human health. Its activities span discovery research, clinical development, regulatory affairs, manufacturing and global commercial distribution across multiple therapeutic areas.
Pfizer’s portfolio and pipeline cover oncology, immunology, cardiology, endocrinology, rare diseases, hospital acute care and anti-infectives, along with a substantial vaccine business.
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Dimensional Fund Advisors LP decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 1.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,615,249 shares of the network equipment provider’s stock after selling 440,799 shares during the period. Cisco Systems makes up about 0.4% of Dimensional Fund Advisors LP’s portfolio, making the stock its 18th biggest holding. Dimensional Fund Advisors LP owned about 0.70% of Cisco Systems worth $2,142,681,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Intesa Sanpaolo Wealth Management acquired a new position in shares of Cisco Systems in the fourth quarter valued at about $25,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Cisco Systems during the fourth quarter worth about $25,000. Networth Advisors LLC lifted its holdings in shares of Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after purchasing an additional 246 shares during the period. Manning & Napier Advisors LLC boosted its position in Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after buying an additional 200 shares during the last quarter. Finally, Financial Life Planners acquired a new position in Cisco Systems in the 1st quarter worth approximately $27,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Analyst Ratings Changes A number of equities analysts have issued reports on the stock. Piper Sandler raised their price target on shares of Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. HSBC raised shares of Cisco Systems from a “hold” rating to a “buy” rating and upped their price objective for the company from $77.00 to $137.00 in a report on Friday, May 15th. Argus raised their target price on shares of Cisco Systems from $100.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Wells Fargo & Company boosted their target price on shares of Cisco Systems from $95.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Finally, BNP Paribas Exane upped their price target on shares of Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $123.14.
Get Our Latest Stock Report on Cisco Systems
Key Cisco Systems News Here are the key news stories impacting Cisco Systems this week:
Positive Sentiment: Cisco is being highlighted as a key AI infrastructure play, with commentary arguing the company could benefit from rising demand for networking gear tied to AI buildouts. Price Prediction: Cisco Will Hit $170 on This Date Positive Sentiment: Investor sentiment is also supported by a favorable long-term track record under CEO Chuck Robbins, with a recent article pointing to strong returns since he took over in 2015. A $10,000 Investment in Cisco When Chuck Robbins Became CEO Is Worth This Much Today Neutral Sentiment: One analysis says Cisco stock looks fairly valued around current levels, suggesting upside may depend on future execution rather than an obvious valuation discount. Cisco (CSCO) Stock Looks About Right As Security Deal Talk Grows Neutral Sentiment: Cisco was also mentioned in a dividend-focused roundup of legacy tech names, reinforcing its appeal as a cash-generating, shareholder-friendly stock. 4 Tech Stocks Throwing Off Dividends Negative Sentiment: Technical traders are watching a weakening chart, with Cisco reportedly below its 50-day moving average and near key support, which could cap gains if buyers fail to step in. Cisco Systems (CSCO) Price Forecast: Correction Deepens as Key Support Nears Cisco Systems Price Performance Shares of CSCO stock opened at $111.94 on Monday. Cisco Systems, Inc. has a twelve month low of $65.75 and a twelve month high of $130.37. The stock has a market cap of $441.20 billion, a P/E ratio of 36.34, a P/E/G ratio of 2.85 and a beta of 1.02. The stock has a 50 day moving average of $117.40 and a 200 day moving average of $93.44. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.03 by $0.03. The business had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 3.54 EPS for the current year.
Cisco Systems Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Investors of record on Monday, July 6th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. Cisco Systems’s dividend payout ratio is 54.55%.
Insider Activity at Cisco Systems In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,586 shares of Cisco Systems stock in a transaction on Friday, May 15th. The shares were sold at an average price of $117.31, for a total value of $772,603.66. Following the completion of the transaction, the executive vice president owned 177,223 shares of the company’s stock, valued at approximately $20,790,030.13. The trade was a 3.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,607 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $121.12, for a total transaction of $315,759.84. Following the completion of the transaction, the executive vice president owned 172,727 shares of the company’s stock, valued at approximately $20,920,694.24. This trade represents a 1.49% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 47,650 shares of company stock valued at $5,668,823 in the last quarter. 0.01% of the stock is currently owned by insiders.
Cisco Systems Profile (Free Report)
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.
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SummaryWhen IBM reports their actual Q2 ’26 results Wednesday night, July 22nd after the closing bell, analyst consensus has lowered expectations after the negative IBM pre-announcement last week that dropped the stock 25% during the trading day.The consensus revenue estimate was $17.7 billion but is now $16.9 billion. The consensus EPS estimate was $3.00 but is now $2.88.IBM management has given off a lot of mixed signals, mostly on AI, where they withdrew their AI guidance on the April ’26 call by effectively not updating the AI book even though AI metrics were given on the previous three conference calls, which showed the AI book was growing. Getty Images
Since IBM broke out to an all-time high (above the April 2013 high of $215-216 per share), the stock has been range-bound between $200 at the low end and $325-335 at the high end of the trading range. The peak price prints, or all-time
NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into International Business Machines Corporation (NYSE:IBM) for potential securities fraud after its significant stock drop.
If you invested in IBM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ibm-class-action-lawsuit.
Key Details of the IBM ($IBM) Class Action Investigation:
Investigation Overview: Securities fraud relating to IBM’s misrepresentations about the pace of securing new business deals and the strength of its IBM Z product outlook Stock Decline: July 14, 2026 – 25% Stock DropAction: Contact BFA Law to discuss your rights
Why is IBM Being Investigated for Securities Fraud?
IBM is being investigated for securities fraud following a significant stock drop. The decline in IBM’s stock price caused significant losses to investors.
IBM is a global technology and consulting company that focuses on hybrid cloud and artificial intelligence. IBM uses IBM Z to deliver enhanced AI acceleration through multi-model AI capabilities, low unit cost architecture at scale for workloads that require end-to-end encryption, continued availability, and ultra-high throughput.
BFA is investigating whether IBM misled investors about its pace securing new business deals and the strength of its IBM Z outlook.
Why did IBM’s Stock Drop?
On July 14, 2026, IBM released its 2026 Q2 financial results. IBM announced a disappointing quarter that it attributed to “a shortfall in our Z performance and the associated software stack, primarily in Transaction Processing.” IBM also revealed that it had “faltered,” and “did not adapt and move quickly enough” so that “numerous large deals failed to close on the timelines we expected, driving the majority of our shortfall.”
This news caused the price of IBM stock to decline over $75 in intraday trading on July 14, 2026, or over 25%.
Click here for more information: https://www.bfalaw.com/cases/ibm-class-action-lawsuit.
What Can You Do?
If you invested in IBM, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Dimensional Fund Advisors LP lessened its holdings in UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 5.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,000,063 shares of the healthcare conglomerate’s stock after selling 266,112 shares during the period. Dimensional Fund Advisors LP owned approximately 0.55% of UnitedHealth Group worth $1,352,712,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sentinel Trust Co. LBA raised its stake in UnitedHealth Group by 2.2% during the 1st quarter. Sentinel Trust Co. LBA now owns 4,604 shares of the healthcare conglomerate’s stock worth $1,246,000 after acquiring an additional 100 shares in the last quarter. KBC Group NV grew its holdings in shares of UnitedHealth Group by 32.2% during the first quarter. KBC Group NV now owns 783,880 shares of the healthcare conglomerate’s stock worth $212,111,000 after purchasing an additional 190,776 shares during the last quarter. S&CO Inc. lifted its holdings in shares of UnitedHealth Group by 8.3% in the 1st quarter. S&CO Inc. now owns 44,072 shares of the healthcare conglomerate’s stock valued at $11,925,000 after purchasing an additional 3,385 shares during the last quarter. SEB Asset Management AB acquired a new stake in shares of UnitedHealth Group in the 1st quarter valued at about $80,842,000. Finally, Paradigm Strategies in Wealth Management LLC increased its position in UnitedHealth Group by 10.5% during the first quarter. Paradigm Strategies in Wealth Management LLC now owns 797 shares of the healthcare conglomerate’s stock worth $216,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 87.86% of the company’s stock.
Analyst Ratings Changes A number of equities analysts have recently issued reports on the stock. Leerink Partners raised their target price on shares of UnitedHealth Group from $400.00 to $462.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. KeyCorp raised their price objective on shares of UnitedHealth Group from $400.00 to $475.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Jefferies Financial Group upped their target price on shares of UnitedHealth Group from $340.00 to $373.00 and gave the company a “buy” rating in a report on Monday, April 20th. Erste Group Bank raised UnitedHealth Group from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Finally, Royal Bank Of Canada upped their price objective on UnitedHealth Group from $463.00 to $478.00 and gave the company an “outperform” rating in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, UnitedHealth Group has an average rating of “Moderate Buy” and a consensus target price of $447.29.
Read Our Latest Stock Analysis on UNH
Insider Transactions at UnitedHealth Group In other UnitedHealth Group news, CEO Patrick Hugh Conway sold 800 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $355.00, for a total value of $284,000.00. Following the completion of the transaction, the chief executive officer owned 17,805 shares in the company, valued at approximately $6,320,775. This represents a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.28% of the company’s stock.
Trending Headlines about UnitedHealth Group Here are the key news stories impacting UnitedHealth Group this week:
Positive Sentiment: UnitedHealth beat Q2 estimates on earnings and revenue, driven by improved margins and lower medical costs, and raised its 2026 profit outlook. UnitedHealth shares surge on strong earnings beat and guidance Positive Sentiment: Morgan Stanley, Oppenheimer, UBS, RBC, and other firms lifted price targets after the results, signaling stronger Street confidence in the stock’s recovery. Analyst price target updates Positive Sentiment: Management doubled the 2026 share repurchase target to at least $5 billion, which may help support EPS and investor returns. What’s Fueling UNH Stock’s Rally? A Bigger Buyback, Higher Guidance – And CEO Says Turnaround Is ‘Returning To Form’ Neutral Sentiment: Commentary around the earnings call says Medicare Advantage and Optum are improving, but commercial cost pressures could delay a full margin recovery. UnitedHealth Q2 Earnings Call Focuses on Reset and Durable Growth Negative Sentiment: Some analysts remain cautious, with at least one downgrade noting that the turnaround still faces execution risk despite the stronger quarter. UnitedHealth Group Q2: The Real Test Begins Now (Downgrade) UnitedHealth Group Stock Up 0.1% UNH stock opened at $426.39 on Monday. UnitedHealth Group Incorporated has a one year low of $234.60 and a one year high of $461.62. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.80 and a current ratio of 0.78. The company has a fifty day moving average of $404.81 and a 200-day moving average of $342.37. The stock has a market capitalization of $387.23 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 1.67 and a beta of 0.62.
UnitedHealth Group (NYSE:UNH – Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The healthcare conglomerate reported $6.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.94 by $1.44. UnitedHealth Group had a net margin of 3.14% and a return on equity of 16.53%. The firm had revenue of $112.03 billion during the quarter, compared to analysts’ expectations of $110.81 billion. During the same period in the prior year, the company posted $4.08 earnings per share. The firm’s revenue for the quarter was up .4% on a year-over-year basis. UnitedHealth Group has set its FY 2026 guidance at 19.500-20.000 EPS. As a group, analysts expect that UnitedHealth Group Incorporated will post 18.77 EPS for the current year.
UnitedHealth Group Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Monday, June 15th were paid a $2.32 dividend. This represents a $9.28 dividend on an annualized basis and a dividend yield of 2.2%. This is a boost from UnitedHealth Group’s previous quarterly dividend of $2.21. The ex-dividend date was Monday, June 15th. UnitedHealth Group’s dividend payout ratio (DPR) is presently 59.72%.
About UnitedHealth Group (Free Report)
UnitedHealth Group Inc is a diversified health care company headquartered in Minnetonka, Minnesota, that operates two primary business platforms: UnitedHealthcare and Optum. Founded in 1977, the company provides a broad range of health benefits and health care services to individuals, employers, governmental entities and other organizations. Its operations span commercial employer-sponsored plans, individual and Medicare and Medicaid programs, and services for customers and health systems in the United States and selected international markets.
UnitedHealthcare is the company’s benefits business, administering health plans and networks, managing provider relationships, and offering coverage products for employers, individuals, and government-sponsored programs.
Featured Stories Five stocks we like better than UnitedHealth Group Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding UNH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UnitedHealth Group Incorporated (NYSE:UNH – Free Report).
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Dimensional Fund Advisors LP lifted its holdings in shares of Merck & Co., Inc. (NYSE:MRK – Free Report) by 23.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,456,039 shares of the company’s stock after acquiring an additional 2,969,856 shares during the quarter. Merck & Co., Inc. accounts for about 0.4% of Dimensional Fund Advisors LP’s holdings, making the stock its 23rd largest position. Dimensional Fund Advisors LP owned about 0.63% of Merck & Co., Inc. worth $1,858,938,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of MRK. Kingdom Financial Group LLC. purchased a new stake in shares of Merck & Co., Inc. during the 4th quarter valued at $25,000. Abound Financial LLC bought a new stake in shares of Merck & Co., Inc. during the 4th quarter worth $26,000. Prosperity Bancshares Inc bought a new stake in shares of Merck & Co., Inc. during the 4th quarter worth $26,000. High Note Wealth LLC boosted its holdings in shares of Merck & Co., Inc. by 58.9% in the 4th quarter. High Note Wealth LLC now owns 294 shares of the company’s stock worth $31,000 after buying an additional 109 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new position in shares of Merck & Co., Inc. in the 4th quarter worth about $31,000. 76.07% of the stock is currently owned by institutional investors.
Key Headlines Impacting Merck & Co., Inc. Here are the key news stories impacting Merck & Co., Inc. this week:
Positive Sentiment: The FDA approval of LIPFENDRA gives Merck its first oral PCSK9 inhibitor, opening a new revenue stream in cardiovascular care and strengthening its non-oncology portfolio. Reuters article on FDA approval Positive Sentiment: Analysts highlighted continued oncology pipeline progress, including FDA acceptance of multiple regulatory filings and Merck’s broader effort to offset the eventual 2028 Keytruda patent cliff. Seeking Alpha article on pipeline expansion Neutral Sentiment: Coverage also noted that Lipfendra’s launch is expected soon and that the drug could become a major product over time, though sales will depend on uptake, pricing, and competition from existing cholesterol therapies. Zacks article on Lipfendra launch Neutral Sentiment: There was also a rumor that Merck may be in a takeover battle for genomics company Personalis, but this appears speculative and is not confirmed. Yahoo Finance article on Personalis rumor Analyst Upgrades and Downgrades A number of analysts recently issued reports on MRK shares. Royal Bank Of Canada restated an “outperform” rating and set a $142.00 price objective on shares of Merck & Co., Inc. in a report on Wednesday, July 8th. Morgan Stanley boosted their target price on shares of Merck & Co., Inc. from $112.00 to $113.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. CICC Research started coverage on shares of Merck & Co., Inc. in a research note on Wednesday, June 24th. They set an “outperform” rating and a $138.00 price target for the company. Weiss Ratings lowered shares of Merck & Co., Inc. from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, May 15th. Finally, Guggenheim lifted their price target on shares of Merck & Co., Inc. from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $133.94.
View Our Latest Analysis on Merck & Co., Inc.
Merck & Co., Inc. Trading Down 0.0% Shares of MRK opened at $127.47 on Monday. The business has a 50-day moving average of $120.11 and a 200 day moving average of $117.01. Merck & Co., Inc. has a fifty-two week low of $76.66 and a fifty-two week high of $131.74. The firm has a market cap of $314.83 billion, a P/E ratio of 35.91, a price-to-earnings-growth ratio of 5.04 and a beta of 0.19. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.06 and a current ratio of 1.30.
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.47) by $0.19. The business had revenue of $16.29 billion for the quarter, compared to analysts’ expectations of $15.85 billion. Merck & Co., Inc. had a return on equity of 27.55% and a net margin of 13.59%.The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.22 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. As a group, research analysts forecast that Merck & Co., Inc. will post 2.76 EPS for the current year.
Merck & Co., Inc. Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Monday, June 15th were given a $0.85 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $3.40 annualized dividend and a dividend yield of 2.7%. Merck & Co., Inc.’s payout ratio is 95.77%.
About Merck & Co., Inc. (Free Report)
Merck & Co, Inc is a global biopharmaceutical company engaged in the discovery, development, manufacture and marketing of prescription medicines, vaccines, biologic therapies and animal health products. Its portfolio spans multiple therapeutic areas with a particular emphasis on oncology, vaccines and infectious disease, as well as therapies for metabolic and chronic conditions. Among its well-known products are the cancer immunotherapy Keytruda (pembrolizumab) and the human papillomavirus vaccine Gardasil; the company also markets a range of medicines and vaccines for veterinary use through Merck Animal Health.
Founded in the late 19th century as the U.S.
Recommended Stories Five stocks we like better than Merck & Co., Inc. Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding MRK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Merck & Co., Inc. (NYSE:MRK – Free Report).
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NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating Barry Diller’s bid to buy MGM Resorts International (NYSE:MGM). MGM is incorporated in Delaware.
Barry Diller is a member of MGM’s board of directors. People, Inc. (“People,” f/k/a/ IAC, Inc.), a company that Diller founded and controls, is MGM’s largest single stockholder. On June 1, 2026, People made an unsolicited bid to buy the remaining MGM stock for $48.30 per share.
If you are a current shareholder of MGM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/mgm-resorts-investigation.
Key Details of the MGM ($MGM) Investigation:
Investigation Overview: Breaches of Fiduciary Duty in connection with Barry Diller’s offer to acquire the remaining stock of MGM for $48.30 per shareAction: Contact BFA Law to discuss your rights Why is the MGM Transaction being Investigated?
As a director, Diller owes fiduciary duties to MGM and its stockholders. People also recently entered a governance agreement with MGM that gave People the right to designate two MGM directors going forward. Because Diller “stands on both sides” of the proposed deal, and because other MGM fiduciaries could potentially receive benefits that other stockholders do not receive, these facts create a create conflicts of interest under Delaware law. If MGM and Diller reach an agreement, they must comply with Delaware’s strict requirements for “cleansing” these conflicts and ensuring the deal is fair to MGM’s stockholders.
In a news release on June 1, MGM stated that the board of directors “will carefully review and consider the proposal to determine the course of action that it believes is in the best interests of the Company and all of its shareholders.”
BFA is investigating whether the potential agreement complies with Delaware law.
If you are a current holder of MGM stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Dimensional Fund Advisors LP lessened its position in Chevron Corporation (NYSE:CVX – Free Report) by 9.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,353,587 shares of the oil and gas company’s stock after selling 1,343,114 shares during the quarter. Chevron makes up about 0.6% of Dimensional Fund Advisors LP’s investment portfolio, making the stock its 14th largest holding. Dimensional Fund Advisors LP owned about 0.67% of Chevron worth $2,763,210,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in CVX. Dakota Wealth Management boosted its stake in Chevron by 14.9% during the 4th quarter. Dakota Wealth Management now owns 83,265 shares of the oil and gas company’s stock valued at $12,690,000 after purchasing an additional 10,822 shares during the last quarter. Clear Trail Advisors LLC bought a new position in shares of Chevron during the fourth quarter valued at $10,167,000. Curtis Advisory Group LLC bought a new position in shares of Chevron during the fourth quarter valued at $1,381,000. Indivisible Partners purchased a new stake in shares of Chevron during the fourth quarter valued at $1,923,000. Finally, Cypress Wealth Services LLC boosted its position in shares of Chevron by 64.0% during the fourth quarter. Cypress Wealth Services LLC now owns 16,591 shares of the oil and gas company’s stock valued at $2,529,000 after buying an additional 6,475 shares during the last quarter. 72.42% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Chevron In other news, Director John B. Hess sold 380,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $193.20, for a total value of $73,416,000.00. Following the transaction, the director owned 278,045 shares in the company, valued at $53,718,294. This represents a 57.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades A number of brokerages have weighed in on CVX. Wells Fargo & Company boosted their target price on Chevron from $204.00 to $222.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. BNP Paribas Exane raised shares of Chevron from a “neutral” rating to an “outperform” rating and set a $174.00 price target on the stock in a report on Friday, April 17th. Wolfe Research upgraded shares of Chevron from a “peer perform” rating to an “outperform” rating and set a $210.00 price target for the company in a research note on Thursday, July 2nd. Mizuho boosted their price objective on shares of Chevron from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $216.00 price objective on shares of Chevron in a report on Friday, July 10th. Nineteen research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Chevron has an average rating of “Moderate Buy” and an average price target of $206.83.
Read Our Latest Analysis on CVX
Chevron Stock Performance Shares of CVX opened at $187.39 on Monday. The firm has a market capitalization of $373.21 billion, a P/E ratio of 32.48, a PEG ratio of 0.66 and a beta of 0.50. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 0.84. Chevron Corporation has a one year low of $146.49 and a one year high of $214.71. The business has a fifty day moving average of $181.54 and a 200 day moving average of $182.66.
Chevron (NYSE:CVX – Get Free Report) last posted its earnings results on Friday, May 1st. The oil and gas company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.41. The company had revenue of $47.56 billion for the quarter, compared to the consensus estimate of $51.86 billion. Chevron had a return on equity of 6.90% and a net margin of 5.79%.Chevron’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.18 earnings per share. As a group, sell-side analysts anticipate that Chevron Corporation will post 14.78 EPS for the current year.
Chevron Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, May 19th were given a dividend of $1.78 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $7.12 annualized dividend and a dividend yield of 3.8%. Chevron’s dividend payout ratio is presently 123.40%.
Chevron News Summary Here are the key news stories impacting Chevron this week:
Positive Sentiment: Chevron is expected to sign accords with Iraq to advance investments in major oil fields, including West Qurna 2 and Nassiriya, which could expand long-term production opportunities. Reuters article on Iraq oilfield MOUs Positive Sentiment: Reports that Chevron is exploring a pipeline alternative to the Strait of Hormuz suggest a potential way to boost Iraqi export capacity and lower shipping disruption risk, which investors may view as strategically important. The Motley Fool article on Hormuz bypass pipeline Positive Sentiment: Chevron is being highlighted as a relatively attractive long-term energy stock versus TotalEnergies because of its premium assets, strong balance sheet, and steadier earnings outlook. Yahoo Finance article comparing CVX and TTE Neutral Sentiment: Some commentary says Chevron stock looks closer to fairly valued after a strong five-year run, which may limit upside for investors expecting a clear bargain. Yahoo Finance article on valuation Neutral Sentiment: Chevron also benefited from broader energy-sector gains, with the sector rising even as the wider market was mixed. Yahoo Finance sector update About Chevron (Free Report)
Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.
Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.
Featured Articles Five stocks we like better than Chevron Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding CVX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chevron Corporation (NYSE:CVX – Free Report).
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When the war in Iran began on Feb. 28, Iran immediately cut off most access to the Strait of Hormuz, a vital transport route for about 20% of the world's oil supply. Since then, it has been a cycle of fragile ceasefires, flip-flop messaging, and naval blockades.
On July 14, President Donald Trump reimposed a naval blockade after yet another ceasefire negotiation fell through. And with consistent days of attacks, there are no signs of letting up from either side.
There are many implications of the conflict, and it will inevitably affect the oil industry, but by how much? Likely a bit.
Image source: The White House.
Many oil companies have benefited from a supply shock This has been a lucrative year for many oil companies. Some have been hurt because of rising crude oil prices, like some pure-play refineries; however, many more have seen profits surge and margins expand.
It's been a matter of supply and demand for oil companies. Blockades and closures of the Strait of Hormuz have caused major supply chain disruptions, and the domino effect has been felt in Americans' wallets at the gas pump.
The U.S. tried to cushion the blow by tapping into its strategic oil reserves, but there's only so much that it could help. And with the oil reserve reportedly at its lowest level since 1983, that doesn't seem like a sustainable strategy over the long term.
Big oil companies will continue raking in cash At about $79 per barrel, crude oil prices are far from the $100s we saw in March through May, but they're also noticeably higher than the $68 they were hovering near in early July, and they're likely to rise still more.
WTI Crude Oil Spot Price data by YCharts
If the blockade continues, I expect $80 to be the floor for crude oil prices for the foreseeable future. This isn't great news for consumers, as higher crude oil prices affect everything from gas prices to travel costs to shipping costs. But, realistically, most oil companies won't be walking around pouting.
This is especially true for companies like ExxonMobil (XOM +1.10%) and Chevron (CVX +1.92%), whose businesses are built for resilience because they operate in all three phases of the energy pipeline. They explore and extract crude oil, refine and transport it, and sell end products (gasoline, diesel, etc.) that millions of people use every day. Still, they're far from immune to the negative effects of supply shocks.
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Chevron is even going so far as to sign on to invest in the construction of pipelines and other transportation infrastructure to help companies and governments bypass the Strait of Hormuz. Chevron didn't just jump on board at the beginning of the war, but you can imagine that the conflict and Trump's lack of consistency have added urgency to the matter.
The president isn't shy about what he wants, though. After a meeting with Iraq Prime Minister Ali al-Zaidi on July 14, Trump said the U.S. would be "taking out a lot of oil," and "the American companies are doing it."
^SPXNRGS data by YCharts
Are oil stocks good investments right now? Oil stocks have been among the more lucrative investments so far this year, and with the conflict unresolved, I see this continuing through 2026.
If you're looking for a single oil staple you can add to your portfolio, you can't go wrong with either ExxonMobil or Chevron. ExxonMobil is better positioned for earnings growth, but Chevron is a much better option for income and dividend investors.
A better route for many investors, however, is to invest in a broad energy exchange-traded fund (ETF) like the Vanguard Energy ETF (VDE +1.26%) because it covers many different industries tied to oil. ExxonMobil and Chevron make up the bulk of it, accounting for 21.6% and 13.5%, respectively, of its assets.
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I wouldn't base an investment in oil stocks on the current Middle East conflict or Trump's policy decisions, as those situations are fluid. Instead, you should invest because of the industry's long-term stability and trajectory. An investment like the Vanguard ETF can be a long-term hold without much second-guessing.
Dimensional Fund Advisors LP cut its holdings in Caterpillar Inc. (NYSE:CAT – Free Report) by 0.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,746,073 shares of the industrial products company’s stock after selling 26,228 shares during the quarter. Caterpillar comprises approximately 0.4% of Dimensional Fund Advisors LP’s portfolio, making the stock its 21st largest holding. Dimensional Fund Advisors LP owned about 0.60% of Caterpillar worth $1,944,685,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in CAT. Lam Group Inc. acquired a new stake in Caterpillar during the 1st quarter worth approximately $26,000. Torren Management LLC acquired a new position in shares of Caterpillar in the fourth quarter valued at approximately $27,000. Frazier Financial Advisors LLC increased its holdings in shares of Caterpillar by 220.0% in the fourth quarter. Frazier Financial Advisors LLC now owns 48 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 33 shares during the period. IFS Advisors LLC purchased a new stake in shares of Caterpillar during the fourth quarter worth approximately $31,000. Finally, Rialto Wealth Management LLC lifted its holdings in shares of Caterpillar by 47.4% during the fourth quarter. Rialto Wealth Management LLC now owns 56 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 18 shares during the period. 70.98% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Caterpillar In related news, CAO William E. Schaupp sold 360 shares of Caterpillar stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $906.00, for a total transaction of $326,160.00. Following the completion of the transaction, the chief accounting officer directly owned 530 shares of the company’s stock, valued at approximately $480,180. The trade was a 40.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Anthony D. Fassino sold 16,283 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $916.80, for a total value of $14,928,254.40. Following the sale, the insider owned 46,041 shares in the company, valued at approximately $42,210,388.80. The trade was a 26.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 95,773 shares of company stock worth $87,642,635. Corporate insiders own 0.33% of the company’s stock.
Caterpillar Stock Performance NYSE:CAT opened at $881.26 on Monday. The firm’s fifty day simple moving average is $931.29 and its 200-day simple moving average is $794.97. The company has a quick ratio of 0.81, a current ratio of 1.35 and a debt-to-equity ratio of 1.64. The stock has a market cap of $405.90 billion, a PE ratio of 43.87, a price-to-earnings-growth ratio of 1.72 and a beta of 1.57. Caterpillar Inc. has a fifty-two week low of $405.46 and a fifty-two week high of $1,073.46.
Caterpillar (NYSE:CAT – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 EPS for the quarter, beating the consensus estimate of $4.65 by $0.89. The firm had revenue of $17.41 billion during the quarter, compared to analysts’ expectations of $16.53 billion. Caterpillar had a net margin of 13.33% and a return on equity of 48.21%. The business’s revenue for the quarter was up 22.2% compared to the same quarter last year. During the same quarter last year, the business earned $4.25 earnings per share. Analysts expect that Caterpillar Inc. will post 24.87 earnings per share for the current fiscal year.
Caterpillar Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Monday, July 20th will be given a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, July 20th. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. Caterpillar’s payout ratio is 30.06%.
Trending Headlines about Caterpillar Here are the key news stories impacting Caterpillar this week:
Positive Sentiment: Multiple analyst updates turned incrementally more optimistic on Caterpillar’s earnings outlook, with Erste Group Bank and Zacks Research lifting FY2026, FY2027, FY2028 and several quarterly EPS estimates. Higher profit expectations can support the stock by reinforcing the view that CAT’s long-term demand and pricing power remain solid. Positive Sentiment: Several commentary pieces highlighted Caterpillar as a leading industrial and equipment name versus peers like Volvo, citing stronger earnings momentum, rising estimates, and long-term growth tied to infrastructure, electrification, automation, and AI data-center buildout demand. Neutral Sentiment: Pre-earnings coverage noted Wall Street is expecting Caterpillar’s upcoming Q2 2026 report to show another double-digit profit increase, which keeps investor attention focused on whether results can justify the stock’s premium valuation. Neutral Sentiment: Several articles framed Caterpillar as a high-quality company with a strong brand and global dealer network, but also warned that the valuation looks rich. That limits near-term upside unless earnings growth continues to outpace expectations. Negative Sentiment: Caterpillar was also mentioned in broader market weakness and “AI selloff” coverage, and Zacks Research downgraded the stock from strong-buy to hold. That suggests some investors are becoming more cautious after the recent run-up. Wall Street Analysts Forecast Growth CAT has been the topic of several recent research reports. Truist Financial boosted their price objective on shares of Caterpillar from $1,043.00 to $1,218.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Wells Fargo & Company raised their target price on shares of Caterpillar from $1,050.00 to $1,155.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Caterpillar in a report on Friday, May 8th. Robert W. Baird boosted their price target on shares of Caterpillar from $1,165.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Friday, June 26th. Finally, Barclays increased their price target on shares of Caterpillar from $700.00 to $800.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Fifteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Caterpillar presently has a consensus rating of “Moderate Buy” and an average target price of $980.57.
Check Out Our Latest Report on CAT
About Caterpillar (Free Report)
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.
In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.
Recommended Stories Five stocks we like better than Caterpillar Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding CAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Caterpillar Inc. (NYSE:CAT – Free Report).
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Assetmark Inc. reduced its stake in Caterpillar Inc. (NYSE:CAT – Free Report) by 30.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,514 shares of the industrial products company’s stock after selling 8,820 shares during the period. Assetmark Inc.’s holdings in Caterpillar were worth $14,533,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Cornerstone Advisory LLC boosted its position in shares of Caterpillar by 0.7% during the first quarter. Cornerstone Advisory LLC now owns 1,818 shares of the industrial products company’s stock worth $1,288,000 after buying an additional 12 shares during the period. Advisory Resource Group increased its stake in Caterpillar by 0.8% during the fourth quarter. Advisory Resource Group now owns 1,632 shares of the industrial products company’s stock worth $935,000 after purchasing an additional 13 shares during the period. Sunbeam Capital Management LLC lifted its position in shares of Caterpillar by 1.1% during the first quarter. Sunbeam Capital Management LLC now owns 1,164 shares of the industrial products company’s stock worth $825,000 after purchasing an additional 13 shares in the last quarter. Brandywine Oak Private Wealth LLC boosted its stake in shares of Caterpillar by 2.6% in the first quarter. Brandywine Oak Private Wealth LLC now owns 506 shares of the industrial products company’s stock valued at $358,000 after purchasing an additional 13 shares during the period. Finally, Sylvest Advisors LLC increased its stake in Caterpillar by 3.6% during the 1st quarter. Sylvest Advisors LLC now owns 377 shares of the industrial products company’s stock worth $267,000 after buying an additional 13 shares during the period. Hedge funds and other institutional investors own 70.98% of the company’s stock.
Caterpillar Stock Up 0.1% Caterpillar stock opened at $881.26 on Monday. The stock has a market cap of $405.90 billion, a PE ratio of 43.87, a P/E/G ratio of 1.72 and a beta of 1.57. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.35 and a quick ratio of 0.81. The stock’s fifty day moving average is $931.29 and its two-hundred day moving average is $794.97. Caterpillar Inc. has a 1-year low of $405.46 and a 1-year high of $1,073.46.
Caterpillar (NYSE:CAT – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The industrial products company reported $5.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.65 by $0.89. Caterpillar had a return on equity of 48.21% and a net margin of 13.33%.The business had revenue of $17.41 billion during the quarter, compared to analysts’ expectations of $16.53 billion. During the same period in the prior year, the firm posted $4.25 EPS. The business’s quarterly revenue was up 22.2% compared to the same quarter last year. On average, sell-side analysts expect that Caterpillar Inc. will post 24.87 EPS for the current fiscal year.
Caterpillar Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 19th. Investors of record on Monday, July 20th will be issued a $1.63 dividend. This represents a $6.52 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Caterpillar’s previous quarterly dividend of $1.51. The ex-dividend date of this dividend is Monday, July 20th. Caterpillar’s dividend payout ratio is currently 30.06%.
Insider Buying and Selling In other Caterpillar news, insider Denise C. Johnson sold 12,605 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $907.91, for a total transaction of $11,444,205.55. Following the sale, the insider owned 49,825 shares of the company’s stock, valued at approximately $45,236,615.75. This trade represents a 20.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lange Bob De sold 24,222 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $922.92, for a total transaction of $22,354,968.24. Following the sale, the insider owned 86,029 shares of the company’s stock, valued at $79,397,884.68. This represents a 21.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 95,773 shares of company stock valued at $87,642,635 over the last three months. 0.33% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades Several research firms have commented on CAT. Sanford C. Bernstein boosted their price target on shares of Caterpillar from $769.00 to $879.00 and gave the stock a “market perform” rating in a research note on Friday, May 1st. Oppenheimer boosted their target price on Caterpillar from $980.00 to $1,105.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. UBS Group reiterated a “neutral” rating and issued a $900.00 price objective on shares of Caterpillar in a research note on Tuesday, June 2nd. Jefferies Financial Group boosted their price objective on Caterpillar from $900.00 to $1,045.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, HSBC upped their target price on shares of Caterpillar from $850.00 to $1,100.00 in a research note on Tuesday, May 5th. Fifteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $980.57.
Read Our Latest Research Report on Caterpillar
Key Stories Impacting Caterpillar Here are the key news stories impacting Caterpillar this week:
Positive Sentiment: Multiple analyst updates turned incrementally more optimistic on Caterpillar’s earnings outlook, with Erste Group Bank and Zacks Research lifting FY2026, FY2027, FY2028 and several quarterly EPS estimates. Higher profit expectations can support the stock by reinforcing the view that CAT’s long-term demand and pricing power remain solid. Positive Sentiment: Several commentary pieces highlighted Caterpillar as a leading industrial and equipment name versus peers like Volvo, citing stronger earnings momentum, rising estimates, and long-term growth tied to infrastructure, electrification, automation, and AI data-center buildout demand. Neutral Sentiment: Pre-earnings coverage noted Wall Street is expecting Caterpillar’s upcoming Q2 2026 report to show another double-digit profit increase, which keeps investor attention focused on whether results can justify the stock’s premium valuation. Neutral Sentiment: Several articles framed Caterpillar as a high-quality company with a strong brand and global dealer network, but also warned that the valuation looks rich. That limits near-term upside unless earnings growth continues to outpace expectations. Negative Sentiment: Caterpillar was also mentioned in broader market weakness and “AI selloff” coverage, and Zacks Research downgraded the stock from strong-buy to hold. That suggests some investors are becoming more cautious after the recent run-up. Caterpillar Profile (Free Report)
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and locomotives. The company’s product portfolio includes earthmoving machines such as excavators, bulldozers, wheel loaders and off‑highway trucks, as well as a range of power generation products including generator sets and power systems for industrial and commercial use. Caterpillar serves customers across heavy construction, mining, energy, transportation and related industries with both equipment and integrated technology solutions.
In addition to manufacturing, Caterpillar provides a broad range of aftermarket parts and support services, including maintenance, repair, remanufacturing and fleet management tools.
Read More Five stocks we like better than Caterpillar Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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Decker Wealth Management LLC acquired a new position in Newmont Corporation (NYSE:NEM – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,614 shares of the basic materials company’s stock, valued at approximately $932,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC increased its holdings in Newmont by 64.6% in the 4th quarter. CWM LLC now owns 202,892 shares of the basic materials company’s stock worth $20,259,000 after acquiring an additional 79,617 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Newmont by 24.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 280,920 shares of the basic materials company’s stock valued at $30,775,000 after purchasing an additional 54,530 shares during the last quarter. Leonteq Securities AG purchased a new stake in Newmont during the fourth quarter valued at about $9,018,000. ARS Investment Partners LLC boosted its position in Newmont by 3.6% during the fourth quarter. ARS Investment Partners LLC now owns 697,063 shares of the basic materials company’s stock worth $69,602,000 after purchasing an additional 23,900 shares during the period. Finally, Ritholtz Wealth Management boosted its position in Newmont by 67.0% during the fourth quarter. Ritholtz Wealth Management now owns 40,754 shares of the basic materials company’s stock worth $4,069,000 after purchasing an additional 16,352 shares during the period. 68.85% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades NEM has been the topic of several research reports. Raymond James Financial lowered their price target on shares of Newmont from $139.00 to $137.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Canadian Imperial Bank of Commerce set a $175.00 price objective on shares of Newmont and gave the stock an “outperform” rating in a report on Monday, June 1st. Macquarie Infrastructure reduced their price objective on shares of Newmont from $133.00 to $123.00 and set an “outperform” rating for the company in a research note on Monday, June 15th. TD raised shares of Newmont from a “hold” rating to a “buy” rating and lowered their target price for the company from $129.00 to $127.00 in a report on Tuesday, July 14th. Finally, Canaccord Genuity Group increased their target price on Newmont from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $136.26.
View Our Latest Research Report on NEM
Newmont Trading Up 0.1% Shares of NEM opened at $89.80 on Monday. The business’s 50-day moving average price is $102.32 and its 200-day moving average price is $110.28. Newmont Corporation has a twelve month low of $57.86 and a twelve month high of $134.88. The stock has a market cap of $95.86 billion, a PE ratio of 11.65, a P/E/G ratio of 1.03 and a beta of 0.46. The company has a quick ratio of 2.17, a current ratio of 2.44 and a debt-to-equity ratio of 0.15.
Newmont (NYSE:NEM – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.07 by $0.83. The firm had revenue of $7.31 billion for the quarter, compared to the consensus estimate of $6.83 billion. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The company’s revenue for the quarter was up 45.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.25 earnings per share. On average, equities analysts forecast that Newmont Corporation will post 9.25 EPS for the current fiscal year.
Newmont Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th were paid a $0.26 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $1.04 annualized dividend and a yield of 1.2%. Newmont’s dividend payout ratio is currently 13.49%.
More Newmont News Here are the key news stories impacting Newmont this week:
Positive Sentiment: Scotiabank raised its FY2026 EPS estimate for Newmont to $8.80 from $8.73 and kept a Sector Outperform rating with a $147 price target, signaling continued confidence in earnings power and valuation upside. Positive Sentiment: Analysts at other firms continue to view Newmont favorably, with coverage highlighting improving operational efficiency, stronger free cash flow, and ongoing share buybacks as potential supports for the stock. Positive Sentiment: Newmont resumed operations at its Cadia mine after a seismic event, with no injuries or material damage reported, helping ease concerns about operational disruption while the company advances growth projects such as Ahafo North and Tanami Expansion 2. Positive Sentiment: Some research notes argue Newmont remains undervalued relative to net asset value and could benefit from permit-driven growth catalysts, including the Red Chris Block Cave project. Neutral Sentiment: Newmont is expected to report quarterly earnings next week, and recent commentary suggests the company may have revenue growth ahead, though it may not have the strongest setup for a clear earnings beat. Negative Sentiment: Newmont was downgraded by Zacks Research from strong-buy to hold, adding a cautious note ahead of earnings. Negative Sentiment: The stock also fell more sharply than the broader market in the latest session, reflecting investor concern about softer gold prices, higher costs, and near-term earnings uncertainty. Insider Activity In other Newmont news, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $92.38, for a total value of $277,140.00. Following the completion of the transaction, the executive vice president directly owned 43,315 shares of the company’s stock, valued at $4,001,439.70. This trade represents a 6.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David John Thornton sold 2,296 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $110.11, for a total transaction of $252,812.56. Following the transaction, the insider owned 23,163 shares of the company’s stock, valued at $2,550,477.93. This trade represents a 9.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 28,556 shares of company stock valued at $3,058,146. 0.06% of the stock is owned by company insiders.
Newmont Profile (Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Featured Articles Five stocks we like better than Newmont Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM – Free Report).
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SAN DIEGO--(BUSINESS WIRE)--Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it will report its second quarter 2026 results after the close of trading on the New York Stock Exchange on Monday, August 3, 2026. Management will host an investor conference call at 9:00 a.m. Pacific Time on Tuesday, August 4, 2026, to discuss the company's financial results and operations for the quarter. The call will be available through a live audio webcast at the Investor Relations secti.
Dimensional Fund Advisors LP grew its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 2.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,740,541 shares of the basic materials company’s stock after purchasing an additional 64,078 shares during the period. Dimensional Fund Advisors LP owned about 0.59% of Linde worth $1,358,712,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in shares of Linde in the 2nd quarter worth about $25,000. Triumph Capital Management grew its stake in Linde by 69.2% in the 4th quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares in the last quarter. Strengthening Families & Communities LLC raised its stake in shares of Linde by 134.5% during the 4th quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 39 shares during the period. High Note Wealth LLC increased its position in shares of Linde by 108.6% during the fourth quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock valued at $31,000 after buying an additional 38 shares during the period. Finally, Manning & Napier Advisors LLC increased its holdings in Linde by 1,450.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 62 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 58 shares during the period. 82.80% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades A number of brokerages have weighed in on LIN. Sanford C. Bernstein set a $559.00 target price on Linde in a research note on Friday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Linde in a report on Friday. Evercore reiterated an “outperform” rating and set a $525.00 price target on shares of Linde in a report on Friday, July 10th. Seaport Research Partners increased their price objective on Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Citigroup started coverage on shares of Linde in a research note on Wednesday, June 24th. They set an “overweight” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $548.67.
Read Our Latest Report on Linde
Linde Price Performance NASDAQ:LIN opened at $513.22 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.69 and a current ratio of 0.83. The firm has a market cap of $237.29 billion, a P/E ratio of 34.08, a P/E/G ratio of 3.22 and a beta of 0.72. Linde PLC has a fifty-two week low of $387.78 and a fifty-two week high of $548.20. The firm has a 50-day simple moving average of $515.95 and a two-hundred day simple moving average of $491.54.
Linde (NASDAQ:LIN – Get Free Report) last issued its earnings results on Friday, May 1st. The basic materials company reported $4.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.27 by $0.06. Linde had a net margin of 20.44% and a return on equity of 19.80%. The firm had revenue of $8.78 billion for the quarter, compared to the consensus estimate of $8.60 billion. During the same quarter in the prior year, the firm posted $3.95 earnings per share. The business’s revenue was up 8.2% on a year-over-year basis. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Analysts predict that Linde PLC will post 17.88 earnings per share for the current fiscal year.
Linde Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, June 4th. Linde’s payout ratio is presently 42.50%.
Linde Profile (Free Report)
Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.
Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.
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Broderick Brian C acquired a new position in NextEra Energy, Inc. (NYSE:NEE – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 30,954 shares of the utilities provider’s stock, valued at approximately $2,875,000.
Several other institutional investors have also recently made changes to their positions in the business. Indivisible Partners bought a new stake in shares of NextEra Energy in the fourth quarter worth about $1,355,000. Carnegie Investment Counsel boosted its stake in NextEra Energy by 9.4% during the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after buying an additional 39,250 shares during the last quarter. Swedbank AB boosted its stake in NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after buying an additional 120,389 shares during the last quarter. Fisher Funds Management LTD grew its holdings in NextEra Energy by 3.5% during the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock valued at $49,884,000 after buying an additional 20,709 shares in the last quarter. Finally, MGO One Seven LLC grew its holdings in NextEra Energy by 12.1% during the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock valued at $11,018,000 after buying an additional 14,828 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.
NextEra Energy News Roundup Here are the key news stories impacting NextEra Energy this week:
Positive Sentiment: Several pieces highlighted NextEra as one of the better-positioned utility names, citing its strong customer base, large capital spending plans, and exposure to long-term power demand growth. 4 Utility Electric Power Stocks to Buy Amid Industry Headwinds Positive Sentiment: Articles on wind energy and AI-driven electricity demand framed NEE as a beneficiary of expanding U.S. wind capacity and rising power needs from data centers and electrification. Top Wind Energy Stocks to Add to Your Portfolio for Solid Long-Term Returns Positive Sentiment: Analyst commentary cited a consensus price target near $99.90, suggesting Wall Street still sees upside from current levels. NextEra Energy, Inc. Receives $99.90 Consensus Target Price from Analysts Positive Sentiment: NextEra’s battery-storage expansion was highlighted as supporting grid reliability and renewable integration, reinforcing the company’s clean-energy growth story. Can NextEra’s Battery Storage Boost the Clean Energy Transition? Positive Sentiment: The proposed merger with Dominion Energy could create the largest regulated utility in the U.S., expand NextEra’s footprint across fast-growing southeastern states, and add scale in renewables, storage, nuclear, and natural gas. NextEra Energy and Dominion Energy file to combine… Neutral Sentiment: Some recent coverage focused on NextEra’s role in meeting rising electricity demand, especially from AI and broader infrastructure needs, but these pieces were more thematic than event-driven. Why Is NextEra Energy Central to AI Electricity? Neutral Sentiment: The Dominion deal also comes with meaningful regulatory risk and a long expected timeline, with approval required from multiple agencies and a targeted closing in the second half of 2027. NextEra Energy and Dominion Energy file to combine… Wall Street Analysts Forecast Growth Several analysts have recently issued reports on the company. Bank of America decreased their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Scotiabank raised their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Wells Fargo & Company set a $102.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, BTIG Research reiterated a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and a consensus target price of $99.64.
View Our Latest Analysis on NextEra Energy
NextEra Energy Trading Down 0.1% Shares of NYSE NEE opened at $88.73 on Monday. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The business’s 50 day moving average is $87.94 and its two-hundred day moving average is $89.24. The stock has a market capitalization of $185.04 billion, a P/E ratio of 22.58, a PEG ratio of 2.43 and a beta of 0.67.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the company earned $0.99 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.
NextEra Energy Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s payout ratio is 63.36%.
About NextEra Energy (Free Report)
NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.
NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.
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Dimensional Fund Advisors LP trimmed its holdings in Deere & Company (NYSE:DE – Free Report) by 2.8% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,945,820 shares of the industrial products company’s stock after selling 56,908 shares during the quarter. Dimensional Fund Advisors LP owned about 0.72% of Deere & Company worth $1,095,992,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the business. Brighton Jones LLC boosted its holdings in Deere & Company by 39.1% in the fourth quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after purchasing an additional 1,278 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in Deere & Company by 7.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock valued at $1,056,000 after buying an additional 150 shares during the last quarter. Jump Financial LLC bought a new position in shares of Deere & Company during the 2nd quarter valued at $2,153,000. NewEdge Advisors LLC grew its holdings in shares of Deere & Company by 6.0% in the second quarter. NewEdge Advisors LLC now owns 18,758 shares of the industrial products company’s stock worth $9,538,000 after acquiring an additional 1,067 shares during the period. Finally, Main Street Financial Solutions LLC increased its position in Deere & Company by 6.7% during the second quarter. Main Street Financial Solutions LLC now owns 1,551 shares of the industrial products company’s stock valued at $789,000 after acquiring an additional 97 shares during the last quarter. Hedge funds and other institutional investors own 68.58% of the company’s stock.
Analysts Set New Price Targets Several research analysts have issued reports on the company. Weiss Ratings raised Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Oppenheimer reissued an “outperform” rating and issued a $680.00 price objective (down from $715.00) on shares of Deere & Company in a report on Wednesday, May 27th. Jefferies Financial Group upgraded shares of Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 target price for the company in a research report on Wednesday, April 8th. JPMorgan Chase & Co. increased their price target on shares of Deere & Company from $560.00 to $590.00 and gave the stock a “neutral” rating in a research report on Thursday, June 4th. Finally, Truist Financial upped their price objective on Deere & Company from $759.00 to $812.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Fourteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $642.98.
Check Out Our Latest Analysis on Deere & Company
Deere & Company Price Performance Shares of NYSE:DE opened at $597.56 on Monday. The company has a market capitalization of $161.31 billion, a P/E ratio of 33.86, a P/E/G ratio of 2.21 and a beta of 0.89. Deere & Company has a 1-year low of $433.00 and a 1-year high of $674.19. The firm’s 50 day simple moving average is $582.55 and its two-hundred day simple moving average is $572.03. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95.
Deere & Company (NYSE:DE – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The firm had revenue of $13.37 billion during the quarter, compared to analysts’ expectations of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the company posted $6.64 earnings per share. Research analysts expect that Deere & Company will post 18.13 EPS for the current fiscal year.
Deere & Company Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th will be paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, June 30th. Deere & Company’s dividend payout ratio is presently 36.71%.
Key Headlines Impacting Deere & Company Here are the key news stories impacting Deere & Company this week:
Positive Sentiment: DA Davidson reiterated a buy rating on Deere & Company and lifted its price target to $685, signaling continued analyst confidence in upside potential. Benzinga Neutral Sentiment: Deere was highlighted in broader agriculture and industrial stock roundups, keeping investor attention on the company as a key name in the farm equipment sector. Best Agriculture Stocks To Watch Now – July 14th Neutral Sentiment: Erste Group Bank slightly lowered its FY2027 EPS forecast for Deere, which is a minor cautionary note but not a major change to longer-term earnings expectations. MarketBeat report on Deere EPS estimate cut Negative Sentiment: Deere also remains tied to a broader industrial-sector backdrop that has lagged the market recently, which can weigh on sentiment toward cyclical names. 1 Industrials Stock to Target This Week and 2 We Find Risky About Deere & Company (Free Report)
Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.
The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.
Further Reading Five stocks we like better than Deere & Company Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding DE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deere & Company (NYSE:DE – Free Report).
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Cantillon Capital Management LLC increased its holdings in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 49.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,283,185 shares of the enterprise software provider’s stock after purchasing an additional 422,508 shares during the period. Cantillon Capital Management LLC’s holdings in Oracle were worth $188,769,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in ORCL. DDD Partners LLC purchased a new position in Oracle in the 4th quarter worth approximately $1,677,000. New Mexico Educational Retirement Board raised its stake in shares of Oracle by 4.2% during the fourth quarter. New Mexico Educational Retirement Board now owns 76,590 shares of the enterprise software provider’s stock valued at $14,928,000 after purchasing an additional 3,100 shares during the period. Planning Center Inc. raised its stake in shares of Oracle by 142.2% during the fourth quarter. Planning Center Inc. now owns 6,376 shares of the enterprise software provider’s stock valued at $1,243,000 after purchasing an additional 3,743 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Oracle by 13.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 917,304 shares of the enterprise software provider’s stock worth $178,001,000 after purchasing an additional 105,368 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC lifted its position in shares of Oracle by 15.4% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 42,616 shares of the enterprise software provider’s stock worth $8,306,000 after purchasing an additional 5,692 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors.
Oracle News Summary Here are the key news stories impacting Oracle this week:
Positive Sentiment: Some analysts remain bullish, arguing Oracle’s huge cloud backlog could eventually translate into much stronger revenue and that the stock may be oversold after its steep decline. Oracle Stock Crash Erases $213 Billion from Billionaire Founder Larry Ellison’s Net Worth Positive Sentiment: Oracle’s database and multicloud AI businesses continue to show strong growth momentum, suggesting the long-term AI demand story is still intact. Can Oracle’s Database Business Sustain Long-Term Margins? Neutral Sentiment: Commentary from Jim Cramer and other market writers added to the volatility, with some calling Oracle a cautionary tale while others argued the selloff may be overdone. Jim Cramer Says Oracle Is “Going Down” and Avoid Every Liquor Stock. Here’s What He’d Buy Instead Negative Sentiment: New Mexico blocked the pipeline for Oracle’s 2.5 GW data-center project, increasing the chance of delays and adding uncertainty to its AI infrastructure expansion. New Mexico Blocks Pipeline for Oracle’s (ORCL) 2.5 GW Data Center Project Negative Sentiment: Investors are worried Oracle’s AI spending spree is being financed with too much debt, pushing the company’s credit profile close to junk territory. Oracle’s (ORCL) AI Spending Spree Pushes Its Credit Rating Near Junk Negative Sentiment: Oracle’s stock has also been hit by broader articles emphasizing that the company is falling fast as markets question whether the AI growth story can justify the spending and financing risks. Oracle Stock Slides To 52-Week Low Amid AI Spending Fears Insider Activity In other news, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the transaction, the insider owned 400,000 shares of the company’s stock, valued at approximately $63,664,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.
Analyst Upgrades and Downgrades A number of research firms recently weighed in on ORCL. Morgan Stanley reaffirmed a “mixed” rating on shares of Oracle in a report on Thursday, June 11th. BTIG Research reiterated a “buy” rating and issued a $400.00 price objective on shares of Oracle in a report on Friday, June 5th. Scotiabank reissued an “overweight” rating on shares of Oracle in a research report on Thursday, June 11th. Cantor Fitzgerald restated an “overweight” rating and set a $284.00 target price on shares of Oracle in a research note on Thursday, June 11th. Finally, Guggenheim reaffirmed a “buy” rating and set a $400.00 target price on shares of Oracle in a research report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $268.27.
Read Our Latest Research Report on ORCL
Oracle Stock Up 0.1% Shares of NYSE:ORCL opened at $126.48 on Monday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.21. The company has a fifty day simple moving average of $177.30 and a 200 day simple moving average of $169.28. The firm has a market cap of $364.32 billion, a PE ratio of 21.69, a price-to-earnings-growth ratio of 0.79 and a beta of 1.72. Oracle Corporation has a 12-month low of $121.50 and a 12-month high of $345.72.
Oracle (NYSE:ORCL – Get Free Report) last posted its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The firm had revenue of $19.18 billion for the quarter, compared to analysts’ expectations of $19.10 billion. During the same period in the prior year, the company posted $1.70 earnings per share. The firm’s quarterly revenue was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. On average, equities research analysts anticipate that Oracle Corporation will post 6.47 EPS for the current fiscal year.
Oracle Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, July 10th. Oracle’s dividend payout ratio is 34.31%.
Oracle Profile (Free Report)
Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.
Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.
See Also Five stocks we like better than Oracle Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL – Free Report).
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Dimensional Fund Advisors LP increased its position in Oracle Corporation (NYSE:ORCL – Free Report) by 1.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,586,492 shares of the enterprise software provider’s stock after purchasing an additional 147,048 shares during the period. Dimensional Fund Advisors LP owned approximately 0.30% of Oracle worth $1,262,827,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. HFM Investment Advisors LLC raised its holdings in Oracle by 290.9% in the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock worth $25,000 after buying an additional 96 shares during the last quarter. Basepoint Wealth LLC purchased a new stake in shares of Oracle during the fourth quarter valued at approximately $26,000. FSA Wealth Management LLC bought a new stake in shares of Oracle during the third quarter valued at approximately $28,000. Osbon Capital Management LLC bought a new stake in shares of Oracle during the fourth quarter valued at approximately $28,000. Finally, Joseph Group Capital Management purchased a new position in Oracle in the 4th quarter worth approximately $29,000. 42.44% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Oracle In related news, Vice Chairman Jeffrey Henley sold 400,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $159.16, for a total value of $63,664,000.00. Following the transaction, the insider directly owned 400,000 shares of the company’s stock, valued at approximately $63,664,000. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock.
Key Oracle News Here are the key news stories impacting Oracle this week:
Positive Sentiment: Some analysts remain bullish, arguing Oracle’s huge cloud backlog could eventually translate into much stronger revenue and that the stock may be oversold after its steep decline. Oracle Stock Crash Erases $213 Billion from Billionaire Founder Larry Ellison’s Net Worth Positive Sentiment: Oracle’s database and multicloud AI businesses continue to show strong growth momentum, suggesting the long-term AI demand story is still intact. Can Oracle’s Database Business Sustain Long-Term Margins? Neutral Sentiment: Commentary from Jim Cramer and other market writers added to the volatility, with some calling Oracle a cautionary tale while others argued the selloff may be overdone. Jim Cramer Says Oracle Is “Going Down” and Avoid Every Liquor Stock. Here’s What He’d Buy Instead Negative Sentiment: New Mexico blocked the pipeline for Oracle’s 2.5 GW data-center project, increasing the chance of delays and adding uncertainty to its AI infrastructure expansion. New Mexico Blocks Pipeline for Oracle’s (ORCL) 2.5 GW Data Center Project Negative Sentiment: Investors are worried Oracle’s AI spending spree is being financed with too much debt, pushing the company’s credit profile close to junk territory. Oracle’s (ORCL) AI Spending Spree Pushes Its Credit Rating Near Junk Negative Sentiment: Oracle’s stock has also been hit by broader articles emphasizing that the company is falling fast as markets question whether the AI growth story can justify the spending and financing risks. Oracle Stock Slides To 52-Week Low Amid AI Spending Fears Oracle Stock Performance Shares of ORCL opened at $126.48 on Monday. The business has a 50-day simple moving average of $177.30 and a two-hundred day simple moving average of $169.28. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.21. Oracle Corporation has a 52 week low of $121.50 and a 52 week high of $345.72. The stock has a market cap of $364.32 billion, a price-to-earnings ratio of 21.69, a PEG ratio of 0.79 and a beta of 1.72.
Oracle (NYSE:ORCL – Get Free Report) last posted its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.96 by $0.15. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The firm had revenue of $19.18 billion for the quarter, compared to analysts’ expectations of $19.10 billion. During the same period in the previous year, the firm earned $1.70 EPS. The business’s quarterly revenue was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. On average, analysts expect that Oracle Corporation will post 6.47 EPS for the current year.
Oracle Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s dividend payout ratio (DPR) is 34.31%.
Analysts Set New Price Targets ORCL has been the topic of several analyst reports. TD Cowen upped their price objective on Oracle from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Evercore reaffirmed an “outperform” rating and issued a $245.00 price objective on shares of Oracle in a report on Monday, June 8th. BTIG Research reiterated a “buy” rating and set a $400.00 price objective on shares of Oracle in a research report on Friday, June 5th. BMO Capital Markets increased their target price on Oracle from $200.00 to $220.00 and gave the company an “outperform” rating in a report on Thursday, June 11th. Finally, Moffett Nathanson set a $325.00 target price on Oracle in a research report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $268.27.
Read Our Latest Research Report on Oracle
About Oracle (Free Report)
Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.
Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.
Featured Stories Five stocks we like better than Oracle Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL – Free Report).
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Dimensional Fund Advisors LP reduced its holdings in shares of Wells Fargo & Company (NYSE:WFC – Free Report) by 7.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,474,225 shares of the financial services provider’s stock after selling 1,449,872 shares during the period. Dimensional Fund Advisors LP owned approximately 0.60% of Wells Fargo & Company worth $1,470,461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Wealth Group LLC raised its position in shares of Wells Fargo & Company by 2.5% in the 4th quarter. Private Wealth Group LLC now owns 4,514 shares of the financial services provider’s stock valued at $421,000 after purchasing an additional 108 shares during the last quarter. Nixon Peabody Trust Co. boosted its stake in Wells Fargo & Company by 3.6% in the 4th quarter. Nixon Peabody Trust Co. now owns 3,351 shares of the financial services provider’s stock worth $312,000 after purchasing an additional 115 shares in the last quarter. Simmons Bank grew its position in Wells Fargo & Company by 1.9% during the 4th quarter. Simmons Bank now owns 6,359 shares of the financial services provider’s stock worth $593,000 after purchasing an additional 116 shares during the last quarter. Moss Adams Wealth Advisors LLC grew its position in Wells Fargo & Company by 1.0% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 12,048 shares of the financial services provider’s stock worth $1,123,000 after purchasing an additional 117 shares during the last quarter. Finally, Wood Tarver Financial Group LLC increased its stake in Wells Fargo & Company by 1.6% during the 4th quarter. Wood Tarver Financial Group LLC now owns 7,754 shares of the financial services provider’s stock valued at $722,000 after purchasing an additional 120 shares in the last quarter. 75.90% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of research firms have issued reports on WFC. Piper Sandler reaffirmed an “overweight” rating and issued a $94.00 price target (down from $100.00) on shares of Wells Fargo & Company in a report on Wednesday, April 15th. HSBC raised shares of Wells Fargo & Company from a “hold” rating to a “buy” rating and set a $94.00 price objective on the stock in a report on Wednesday, April 1st. UBS Group reduced their target price on Wells Fargo & Company from $105.00 to $104.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Morgan Stanley raised their price objective on Wells Fargo & Company from $97.00 to $102.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. Finally, The Goldman Sachs Group dropped their target price on Wells Fargo & Company from $109.00 to $93.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Wells Fargo & Company has an average rating of “Moderate Buy” and an average target price of $98.50.
Get Our Latest Report on Wells Fargo & Company
Key Stories Impacting Wells Fargo & Company Here are the key news stories impacting Wells Fargo & Company this week:
Positive Sentiment: Wells Fargo reported stronger-than-expected Q2 results, with adjusted EPS of $1.96 topping Wall Street’s $1.72 estimate, driven by higher fee income, investment banking activity and net interest income. Wells Fargo CEO Says America Is Still Spending Big—Even With Inflation Concerns Positive Sentiment: Wells Fargo was upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about its earnings outlook and adding another bullish signal for investors. Wells Fargo (WFC) Upgraded to Buy: Here’s What You Should Know Positive Sentiment: Analysts remain constructive after the bank’s earnings beat, with industry commentary highlighting strong Q2 performance across major banks including Wells Fargo. Revving Up Returns: Big Banks Race Through the Rate Plateau (WFC) Neutral Sentiment: Wells Fargo also appeared in commentary noting that big bank earnings beat estimates, but some of the profit strength came from lower loan-loss reserves, which may be less repeatable going forward. Revving Up Returns: Big Banks Race Through the Rate Plateau (WFC) Neutral Sentiment: Wells Fargo’s housing-market index showed weaker homebuilder confidence in July, a modest macroeconomic headwind for the bank’s mortgage-related business. U.S. Homebuilder Confidence Unexpectedly Deteriorates In July Wells Fargo & Company Trading Up 0.0% NYSE WFC opened at $87.52 on Monday. Wells Fargo & Company has a 1 year low of $72.78 and a 1 year high of $97.76. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market capitalization of $267.82 billion, a PE ratio of 12.72, a P/E/G ratio of 0.96 and a beta of 0.92. The company has a fifty day moving average of $81.44 and a 200 day moving average of $83.69.
Wells Fargo & Company Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, May 8th. Wells Fargo & Company’s payout ratio is 26.16%.
Wells Fargo & Company Profile (Free Report)
Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.
Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.
Read More Five stocks we like better than Wells Fargo & Company Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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California Public Employees Retirement System boosted its position in MetLife, Inc. (NYSE:MET – Free Report) by 2.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,063,550 shares of the financial services provider’s stock after purchasing an additional 24,552 shares during the quarter. California Public Employees Retirement System owned about 0.16% of MetLife worth $75,214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. Nordea Investment Management AB raised its holdings in shares of MetLife by 2.6% in the 4th quarter. Nordea Investment Management AB now owns 4,630,165 shares of the financial services provider’s stock valued at $366,524,000 after acquiring an additional 117,545 shares in the last quarter. Strs Ohio grew its holdings in shares of MetLife by 16.6% during the fourth quarter. Strs Ohio now owns 326,091 shares of the financial services provider’s stock worth $25,742,000 after purchasing an additional 46,469 shares in the last quarter. Evergreen Capital Management LLC grew its holdings in shares of MetLife by 195.8% during the fourth quarter. Evergreen Capital Management LLC now owns 33,260 shares of the financial services provider’s stock worth $2,626,000 after purchasing an additional 22,016 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in shares of MetLife in the fourth quarter worth approximately $81,494,000. Finally, Diversified Trust Co. raised its stake in MetLife by 276.4% in the fourth quarter. Diversified Trust Co. now owns 31,246 shares of the financial services provider’s stock valued at $2,467,000 after purchasing an additional 22,945 shares in the last quarter. 94.99% of the stock is owned by institutional investors.
Trending Headlines about MetLife Here are the key news stories impacting MetLife this week:
Positive Sentiment: MetLife Stadium is hosting the World Cup final, which keeps the venue in the global spotlight and may highlight the company’s high-profile asset and brand visibility. FIFA insists MetLife Stadium’s pitch is ready for the World Cup final despite criticism Positive Sentiment: Heavy media coverage around ticket sales, fan guides, food and drink pricing, and kickoff details suggests strong interest and traffic around the event at MetLife Stadium. How to buy tickets to see Spain in World Cup Final at MetLife Neutral Sentiment: News about weather, heat, storms, air quality, and wildfire smoke could affect the event experience, but it does not directly change MetLife’s earnings outlook. World Cup final could be shaped by heat, storms and air quality at MetLife Stadium Neutral Sentiment: FIFA’s criticism of the pitch and the “money grab” controversy may create headline risk for the venue, but the impact on MetLife’s stock is likely limited unless the issue affects operations or reputation more broadly. NJ governor slams FIFA’s money grab over sales of MetLife World Cup pitch Negative Sentiment: Ongoing criticism about the field quality and pitch conditions at MetLife Stadium could dent the venue’s reputation, even though it is unlikely to materially affect MetLife’s insurance business. The MetLife trap: the controversial pitch threatening the final | OneFootball Wall Street Analysts Forecast Growth Several equities research analysts have issued reports on MET shares. JPMorgan Chase & Co. lifted their target price on shares of MetLife from $95.00 to $96.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Wall Street Zen lowered shares of MetLife from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Morgan Stanley raised their price objective on shares of MetLife from $93.00 to $103.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Mizuho upped their target price on shares of MetLife from $95.00 to $102.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Finally, Piper Sandler increased their target price on MetLife from $86.00 to $90.00 and gave the company a “neutral” rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $98.57.
Get Our Latest Report on MetLife
MetLife Stock Down 0.0% Shares of NYSE MET opened at $93.99 on Monday. The stock has a market capitalization of $60.48 billion, a P/E ratio of 18.21, a PEG ratio of 0.72 and a beta of 0.78. MetLife, Inc. has a one year low of $67.33 and a one year high of $94.86. The firm’s 50 day simple moving average is $85.80 and its two-hundred day simple moving average is $79.07. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.20 and a quick ratio of 0.20.
MetLife (NYSE:MET – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.15. MetLife had a net margin of 4.66% and a return on equity of 22.60%. The company had revenue of $14.18 billion during the quarter, compared to analysts’ expectations of $19.49 billion. During the same quarter in the prior year, the company earned $1.96 EPS. The firm’s revenue was up 2.7% on a year-over-year basis. As a group, analysts expect that MetLife, Inc. will post 9.94 EPS for the current fiscal year.
MetLife Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Tuesday, August 4th will be paid a $0.5925 dividend. The ex-dividend date of this dividend is Tuesday, August 4th. This represents a $2.37 annualized dividend and a yield of 2.5%. MetLife’s payout ratio is currently 45.93%.
About MetLife (Free Report)
MetLife, Inc is a global provider of insurance, annuities and employee benefit programs. Headquartered in New York City, the company offers a range of risk protection and retirement solutions to individuals, employers and institutional clients. Its core businesses include life insurance, group benefits, retirement products such as annuities, and supplemental health products including dental and disability coverage.
In addition to traditional life and group insurance, MetLife provides workplace benefits and voluntary products distributed through employer-sponsored programs.
See Also Five stocks we like better than MetLife Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding MET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MetLife, Inc. (NYSE:MET – Free Report).
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Cantillon Capital Management LLC lowered its position in American Tower Corporation (NYSE: AMT) by 11.9% during the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,612,473 shares of the real estate investment trust's stock after selling 218,052 shares during the period.
Tamboran Resources Corporation (ASX:TBN, NYSE:TBN, OTC:TBNRL) has completed the largest stimulation campaign undertaken in the Beetaloo Basin, advancing three Shenandoah South wells toward planned first gas sales in the third quarter of 2026.
The company finished stimulation, cleanout and completion work at the SS-3H, SS-4H and SS-5H wells in the Northern Pilot Area, placing 178 stages across about 30,000 feet of the Mid Velkerri B Shale formation.
The three-well zipper stimulation program, carried out using Liberty Energy’s frac fleet, averaged 6.7 stages per day and set basin records of more than 20 pumping hours in one day and 12 stages completed in a single day.
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Tamboran acreage position across the Beetaloo Basin depocenter.
First locally sourced sand trial completed Tamboran also successfully deployed locally produced “Beetaloo Red” sand across 10 stages of the SS-4H lateral.
Tracers were installed to compare the performance of the local material with imported sand, with the trial aimed at identifying further operating efficiencies and reducing development costs.
Chief executive officer Todd Abbott said the campaign marked a significant operational achievement and demonstrated continued progress down the cost curve.
“Together with the efficiency records set during this program, these trials represent further progress down the cost curve, and we continue to identify opportunities to optimize and improve performance as we move toward development,” Abbott said.
Sturt Plateau facility nearing commissioning The completed wells are expected to be connected to the Sturt Plateau Compression Facility, where construction is nearing completion and commissioning is due to begin shortly.
The development remained within its A$141 million gross budget, equivalent to about US$97 million, with first gas sales to the Northern Territory Government still targeted for the September quarter of 2026.
The facility is intended to support initial gas production from the Northern Pilot Area and represents a key step in Tamboran’s broader commercialisation strategy for the basin.
Next three wells underway Drilling has also started at the SS-7H, SS-8H and SS-9H wells from the SS1 pad using a Helmerich & Payne rig.
The wells are scheduled to be stimulated during the second half of 2026 and may be connected to the compression facility as additional capacity is required.
About Tamboran Resources Tamboran is an independent natural gas exploration and production company focused on the commercial development of the Beetaloo Basin in Australia’s Northern Territory.
Through its subsidiaries, the company holds about 2.8 million net prospective acres and is the largest acreage holder in the basin’s depocentre.
Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) has extended the closing date of its share purchase plan (SPP) to 5:00pm AEST on Friday, July 24, giving eligible shareholders additional time to participate.
The SPP allows eligible investors to acquire up to A$30,000 worth of new fully paid ordinary shares at A$0.40 per share, without brokerage or transaction costs.
Investors applying under the SPP will also be invited to apply for one free unlisted attaching option for every two shares subscribed.
The attaching options will have an exercise price of A$0.60 and expire on June 30, 2027. Each exercised option will provide one Recce share and two additional unlisted “piggyback” options, exercisable at A$1.00 and expiring on June 30, 2028.
The issue of both option classes remains subject to shareholder approval at a general meeting expected around August 31. Recce plans to lodge a separate options prospectus with ASIC and the ASX on or around September 2.
The extension comes after Recce secured A$4 million through a placement to advance commercial licensing initiatives, clinical trials and regulatory-enabling activities across its synthetic anti-infective pipeline.
Priced at A$0.40 per share, the placement will result in the issue of 10 million new fully paid ordinary shares and attracted support from new and existing institutional, sophisticated and professional investors.
Revised timetable Recce expects to announce the SPP results and issue the new shares on July 31, with trading scheduled to begin on August 3.
The company retains discretion to amend the timetable, close the SPP early, accept late applications or place any shortfall with institutional or sophisticated investors.
IP strengthens in Asia Recce recently strengthened its intellectual property position in Southeast Asia earlier after securing a Vietnamese patent covering the manufacture and use of its RECCE® 327 and RECCE® 529 synthetic anti-infective candidates.
Granted by the Intellectual Property Office of Vietnam, the Family 4 patent provides protection through to 2041 and marks the eighth patent secured by Recce within the patent family.
Chief executive officer James Graham said the patent significantly extended the company’s potential market exclusivity in Vietnam. Its claims cover the preparation and manufacture of R327 and R529, as well as their use in treating bacterial, viral and other infectious diseases.
Riversgold Ltd (ASX:RGL, OTC:RVSGF) is moving closer to mining at its Northern Zone Gold Project near Kalgoorlie, with environmental permit applications expected to be submitted this month and mine development studies advancing.
The company is preparing applications for a site clearance permit and Native Vegetation Clearing Permit, which form part of the approvals required before mining can begin at the project, 25 kilometres east of Kalgoorlie in Western Australia.
Environmental reports near completion Riversgold's final fauna and integrated flora and vegetation reports are being prepared to support the Native Vegetation Clearing Permit application.
A substantial portion of the technical work required for the submission has now been completed, with the remaining reports approaching finalisation.
Technical director Edward Mead said the recent grant of mining lease M25/389 had enabled the company to accelerate the approvals process.
“A significant number of the major inputs for the submission of the NVCP have now been completed, with final deliverables nearing completion for submission,” Mead said.
Mine development proposal progressing Work is also continuing on the Mine Development and Closure Proposal, which will follow the vegetation clearing application.
A heritage work-area clearance survey has been completed and the final report is being prepared.
Laboratory results from geotechnical, geological and soil studies have also been received, with analysis and reporting underway.
Hydrogeological work remains subject to completion of a flood model, which will help define the topographic boundary for topsoil placement.
Mead said the approvals would support the granting of the operating permit needed to commence mining operations.
“We continue to get much closer to turning dirt at Northern Zone,” he added.
Northern Zone near major Kalgoorlie infrastructure Northern Zone forms part of Riversgold’s broader Kalgoorlie Gold Project and lies within an established gold-mining district near major operations and processing infrastructure.
The project map included in the announcement places Northern Zone about 25 kilometres east of Kalgoorlie and within the wider region surrounding the Kalgoorlie Super Pit and several operating gold projects.
Northern Zone Project Map showing proximity to the Kalgoorlie "Super Pit".
About Riversgold Riversgold is primarily focused on its diverse asset portfolio across premier mining jurisdictions, with its flagship asset being the Northern Zone Gold Project located just 25 kilometres east of Kalgoorlie in Western Australia.
To fast-track this project toward production without heavy upfront capital, Riversgold has secured a 50/50 profit-sharing co-operation agreement with MEGA Resources for contract mining and toll processing.
Beyond its core gold assets, the company actively explores for copper, lithium, and antimony across other highly prospective regions, including the Tambourah Project in the Pilbara.
KuCoin, the renowned crypto exchange, has unveiled the Tomorrowland Visa KuCard as a limited-edition product. Tomorrowland Visa KuCard combines Web3-driven payments with a prominent electronic music festival. As per KuCoin’s official X announcement, it is launching the new payment card via KuCoin EU for worldwide music enthusiasts who are going to attend Tomorrowland. Tomorrowland is one of the world’s largest annual electronic dance music (EDM) festivals, held in Belgium. The blend of everyday spending and digital asset use cases underscores KuCoin’s endeavors to make crypto-powered payments widely accessible.
Carrying the future of Web3 payments in your pocket. 💳
Meet the Limited Edition @tomorrowland Visa KuCard powered by KuCoin EU —the ultimate custom asset designed for global music lovers.
Want yours? Spot a Guardian on-site or head to our website to secure your spot on the… pic.twitter.com/Iprm4UTGiu
— KuCoin (@kucoincom) July 19, 2026 KuCoin Tomorrowland Visa KuCard Enables Web3 Payments for Music Fans The limited-edition Tomorrowland Visa KuCard from KuCoin benefits music enthusiasts going to attend the Tomorrowland music festival. The interested consumsers can locate specified Guardians at the venue of the festival or join the event’s official waitlist via the website of KuCoin to get the special-edition card. The card is reportedly more than only a payment card. It serves as a unique digital asset symbolizing the convergence of advanced financial convenience, music culture, and blockchain technology.
With the latest branding of the card, it is anticipated to appeal to crypto consumers and festival attendees alike. The rollout underscores the growing importance of cutting-edge Web3-focused payment solutions for daily transfers. Such crypto-related payment cards have become widely popular as they permit consumers to spend compatible digital assets at places where conventional card ecosystems are accepted.
As a result, this notably removes the friction linked with the conversion of crypto assets into fiat currencies ahead of making buyouts. KuCoin’s partnership with Tomorrowland targets a worldwide audience that goes beyond the conventional crypto community. Additionally, Tomorrowland grasps the attention of numerous visitors from across the globe each year, becoming ideal for making mainstream users aware of next-gen blockchain-led financial products.
Enabling Dual Access to Limited-Edition KuCard According to KuCoin, the attendees of the Tomorrowland festival can access the limited-edition Visa KuCard by registering via the online waitlist or spotting allocated Guardians on-site. The respective dual distribution approach enables both interested consumers outside the festival and the event participants to express their interest in getting the new card. Overall, with this move, KuCoin is broadening its footprint in the world of Web3 payments, merging practical payment capabilities with new branding for a worldwide audience.
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Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will announce its Second Quarter 2026 financial results after the market closes on Wednesday, July 22, 2026. At that time, a copy of the Company's Second Quarter 2026 earnings press release and any other financial and statistical information about the quarter will be available on the Company's website, https://investors.globelifeinsurance.com/, under Financial Reports and Other Financial Information.
A live conference call will broadcast on Thursday, July 23, 2026, at 11:00am Eastern (10:00am Central)
Phone: at 1-646-357-8766 (passcode: Globe Life Inc.), or
Online: under Calls and Meetings at: https://investors.globelifeinsurance.com/
You can also hear a replay of the conference call by using the same link above.
Globe Life Inc. is a holding company specializing in life and supplemental health insurance for the middle-income market distributed through multiple channels, including direct to consumer and exclusive and independent agencies.
Dimensional Fund Advisors LP raised its holdings in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 0.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,684,707 shares of the retailer’s stock after acquiring an additional 10,551 shares during the period. Costco Wholesale makes up approximately 0.3% of Dimensional Fund Advisors LP’s investment portfolio, making the stock its 26th largest position. Dimensional Fund Advisors LP owned about 0.38% of Costco Wholesale worth $1,678,692,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Costco Wholesale in the fourth quarter valued at approximately $27,000. Lifetime Wealth Management P.C. purchased a new position in shares of Costco Wholesale during the 4th quarter worth $28,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Costco Wholesale during the 4th quarter worth $28,000. Entrust Financial LLC acquired a new position in shares of Costco Wholesale during the 4th quarter valued at about $31,000. Finally, Joseph Group Capital Management acquired a new position in shares of Costco Wholesale during the 4th quarter valued at about $33,000. 68.48% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades Several equities research analysts recently issued reports on the stock. Weiss Ratings cut shares of Costco Wholesale from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Truist Financial boosted their target price on shares of Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a report on Friday, May 29th. Citigroup initiated coverage on shares of Costco Wholesale in a research note on Thursday, June 18th. They issued a “neutral” rating and a $1,020.00 price target for the company. The Goldman Sachs Group raised their price target on shares of Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a “buy” rating in a report on Friday, May 29th. Finally, Mizuho set a $1,100.00 price target on shares of Costco Wholesale in a research report on Monday, June 1st. Twenty-two analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Costco Wholesale presently has an average rating of “Moderate Buy” and a consensus price target of $1,059.07.
Read Our Latest Research Report on COST
Costco Wholesale Price Performance Shares of NASDAQ:COST opened at $940.87 on Monday. The company has a market capitalization of $417.26 billion, a price-to-earnings ratio of 47.33, a PEG ratio of 4.56 and a beta of 0.88. Costco Wholesale Corporation has a 12-month low of $844.06 and a 12-month high of $1,096.50. The business has a 50-day moving average price of $975.73 and a 200 day moving average price of $978.32. The company has a current ratio of 1.07, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17.
Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.94 by ($0.01). The company had revenue of $70.53 billion during the quarter, compared to analyst estimates of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same period in the previous year, the company earned $4.28 EPS. Sell-side analysts expect that Costco Wholesale Corporation will post 20.39 EPS for the current year.
Costco Wholesale Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be paid a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, July 24th. Costco Wholesale’s payout ratio is 29.58%.
Insider Activity at Costco Wholesale In other news, Director Kenneth D. Denman sold 885 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the transaction, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. This represents a 15.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.
Key Stories Impacting Costco Wholesale Here are the key news stories impacting Costco Wholesale this week:
Positive Sentiment: Erste Group Bank raised its FY2026 EPS estimate for Costco to $20.52 from $20.49, slightly above the Street consensus of $20.38, suggesting analysts still see modest earnings upside. Earnings forecast boost article Positive Sentiment: Costco remains a favorite dividend name, with its next ex-dividend date set for July 24, which may attract income-focused investors ahead of the payout. Dividend article Neutral Sentiment: A profile of a longtime Costco cashier who became a millionaire highlights the company’s employee retention and compensation culture, but it is unlikely to materially affect near-term fundamentals. Employee profile article Neutral Sentiment: Several local news items about new warehouses, gas stations, and remodels point to ongoing store expansion and reinvestment, but they are not major stock-moving catalysts by themselves. Negative Sentiment: MarketBeat said Costco’s June sales showed cooling comparable sales and weak international results, keeping the stock in “neutral” territory despite its premium valuation. Cooling comp sales article Negative Sentiment: Additional commentary from Zacks and Yahoo Finance argued Costco shares still look expensive after a strong multi-year run, reinforcing valuation concerns that can weigh on the stock. Valuation debate article About Costco Wholesale (Free Report)
Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.
Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.
Featured Articles Five stocks we like better than Costco Wholesale Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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Costco Wholesale Club Inc. NASDAQ: COST recently reported its June sales numbers, and on first glance, it appears to be another strong month of growth for the country’s premier wholesale club.
However, the stock’s milquetoast reaction shows how much of a curve the company is graded upon.
Get Costco Wholesale alerts:
When your multiple looks more like a tech sector growth darling than a big box retailer, ‘good’ simply isn’t good enough.
And when you dig under the surface, the latest sales numbers highlight an unnerving trend.
Strong Headline Numbers Obfuscate Underlying WeaknessCostco released its comp sales figures for June, and it's a print that many other retailers would view with envy. Net sales for the period totaled $29.24 billion, up 10.6% year-over-year (YOY) and 7.6% when removing gas and currency effects. The board also declared a $1.47-per-share dividend, payable in August with a record date of July 24. But despite these strong headline numbers, weakness is brewing under the surface.
Overall MarketRank™91st Percentile
Analyst RatingModerate Buy
Upside/Downside12.6% Upside
Short Interest LevelHealthy
Dividend StrengthStrong
News Sentiment1.02 Insider TradingSelling Shares
Proj. Earnings Growth10.15%
See Full Analysis
Gas price volatility was a major tailwind for Costco as weary consumers turned to wholesale clubs for relief at the pump. Costco typically prices its gas below retail to drive volume and get more people into its stores (also known as a loss leader). But now that gas prices are dropping again, this tailwind is evaporating, and the June sales print tells the tale. When stripping out gas and currency, the 7.6% U.S. comp number is a stark deceleration from May’s 8.7% comps ex-gas and currency. The total drop is actually even steeper; 8.8% in June versus 12.5% in May, highlighting just how much fuel prices drove the advance.
U.S. stores might be in good shape, but the international market is a growing concern. Canadian adjusted comps plummeted again from 7.6% in April to 5.6% in May to 4.9% in June, and total international adjusted comps dropped from 8.0% in May to 7.0% in June. Soft international markets could limit upside if U.S. comp sales reaccelerate, now that fighting has resumed in Iran and gas prices are once again on the upswing.
Stock Still Trades at Extreme Valuation Compared to Other RetailersCostco remains an excellent business with a loyal membership base, strong overall sales growth (net sales up 11.6% YOY as of May’s fiscal Q3 2026 report), and a hot dog-and-soda combo that still costs just $1.50. But the stock has long been priced to imply perfect execution, and when you trade at 46 times forward earnings with a Price/Earnings Growth (PEG) ratio nearly at 4.5, investors take notice of any little dent in the armor.
The retail sector trades at about 21 times earnings, which is less than half the current valuation bestowed on COST shares. While a company with sales and membership numbers like Costco's deserves an elevated multiple, trading at more than twice the industry average while overall comp sales are declining is a blazing red flag that even a FIFA referee could see.
Prominent retailers like Walmart Inc. NASDAQ: WMT and Target Inc. NYSE: TGT trade at 40 and 18 times earnings, respectively, well below Costco’s valuation. Even a direct competitor like BJ’s Wholesale Club Holdings Inc. NYSE: BJ trades at 21 times earnings and 0.55 times sales.
Here’s a way to frame the new narrative shaping retail: the market is no longer looking for premium compounders like COST (up nearly 9% year-to-date), but cheap laggards like TGT, which is up more than 40% so far in 2026.
Technical Collapse Brings Shares Down With ItCostco’s fundamentals remain strong despite the sales hit, but the troublesome technicals are appearing in full force. The stock briefly surged to a new all-time high in May following gasoline shocks induced by the Iran war, as new members flocked to stores after filling their tanks with cheap fuel. But once war hostilities faded, so did the rally in COST shares. The stock has pulled back approximately 15% from its previous all-time high, and the technical signals under the hood aren’t pointing to a rebound anytime soon.
Shares now trade below the 50-day and 200-day moving averages, and the Relative Strength Index (RSI) has been firmly in bearish territory since the end of May. The Moving Average Convergence Divergence (MACD) indicator also shows downward momentum continuing to gain strength.
For long-term investors, this is likely not the time to sell, as the company still has 92% renewal rates and the digitally enabled comps are a bright spot at 21%. But new investors are likely better served waiting for a more attractive entry point. A deceleration doesn’t mean deterioration, but a stock trading at 46 times earnings can’t afford even a brief slowdown if it wants to maintain bullish momentum.
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Cantillon Capital Management LLC lowered its stake in shares of Moody’s Corporation (NYSE:MCO – Free Report) by 11.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 392,513 shares of the business services provider’s stock after selling 52,887 shares during the period. Cantillon Capital Management LLC owned approximately 0.22% of Moody’s worth $171,234,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently modified their holdings of the company. Newbridge Financial Services Group Inc. bought a new position in Moody’s during the 2nd quarter worth approximately $25,000. Birchwood Financial Partners Inc. bought a new stake in Moody’s in the fourth quarter valued at approximately $26,000. Nalls Sherbakoff Group LLC bought a new stake in Moody’s in the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC acquired a new stake in Moody’s in the fourth quarter worth $29,000. Finally, Whipplewood Advisors LLC boosted its position in shares of Moody’s by 1,866.7% during the first quarter. Whipplewood Advisors LLC now owns 59 shares of the business services provider’s stock worth $26,000 after purchasing an additional 56 shares in the last quarter. 92.11% of the stock is owned by institutional investors.
Insider Buying and Selling In other Moody’s news, SVP Richard G. Steele sold 158 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $71,679.86. Following the completion of the transaction, the senior vice president owned 1,985 shares of the company’s stock, valued at $900,534.95. This represents a 7.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Robert Fauber sold 1,467 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $453.67, for a total transaction of $665,533.89. Following the transaction, the chief executive officer directly owned 52,564 shares of the company’s stock, valued at $23,846,709.88. This represents a 2.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 3,250 shares of company stock worth $1,495,098. 0.14% of the stock is owned by insiders.
Analyst Ratings Changes Several equities analysts have recently issued reports on MCO shares. Weiss Ratings raised shares of Moody’s from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Morgan Stanley raised their price objective on Moody’s from $491.00 to $496.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Mizuho reduced their target price on Moody’s from $524.00 to $521.00 and set a “neutral” rating on the stock in a report on Tuesday, April 28th. Bank of America reissued a “buy” rating and issued a $565.00 target price on shares of Moody’s in a research note on Wednesday, April 22nd. Finally, BMO Capital Markets increased their price target on Moody’s from $489.00 to $515.00 and gave the stock a “market perform” rating in a report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $548.47.
Check Out Our Latest Report on Moody’s
Moody’s Price Performance Shares of NYSE MCO opened at $511.14 on Monday. The company has a fifty day moving average price of $460.53 and a 200 day moving average price of $465.32. The firm has a market cap of $89.30 billion, a PE ratio of 36.64, a PEG ratio of 2.62 and a beta of 1.34. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.03. Moody’s Corporation has a 1-year low of $402.28 and a 1-year high of $546.88.
Moody’s (NYSE:MCO – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The business services provider reported $4.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.22 by $0.11. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.11 billion. Moody’s had a return on equity of 70.97% and a net margin of 31.69%.The company’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter last year, the business posted $3.83 EPS. Moody’s has set its FY 2026 guidance at 16.400-17.000 EPS. Research analysts predict that Moody’s Corporation will post 16.71 earnings per share for the current fiscal year.
Moody’s Profile (Free Report)
Moody’s Corporation is a global provider of credit ratings, research, data and analytics that support financial decision-making and transparency in capital markets. The company traces its origins to the early 20th century when financial analyst John Moody began publishing credit information; today Moody’s is headquartered in New York and serves a broad set of market participants including investors, issuers, financial institutions, corporations, governments and regulators.
Moody’s operates primarily through two complementary businesses.
Further Reading Five stocks we like better than Moody’s Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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Fifth Third Bancorp boosted its stake in First Solar, Inc. (NASDAQ:FSLR – Free Report) by 219.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 16,422 shares of the solar cell manufacturer’s stock after purchasing an additional 11,279 shares during the quarter. Fifth Third Bancorp’s holdings in First Solar were worth $3,239,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in FSLR. Aventura Private Wealth LLC bought a new position in First Solar during the fourth quarter valued at $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of First Solar during the 4th quarter valued at about $26,000. Reflection Asset Management purchased a new stake in shares of First Solar during the 4th quarter valued at about $26,000. Strategic Wealth Investment Group LLC bought a new position in shares of First Solar in the 2nd quarter valued at about $26,000. Finally, Larson Financial Group LLC raised its position in First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after purchasing an additional 55 shares during the period. Institutional investors own 92.08% of the company’s stock.
Insider Buying and Selling In other news, CEO Mark R. Widmar sold 4,815 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $247.43, for a total value of $1,191,375.45. Following the completion of the sale, the chief executive officer owned 89,033 shares of the company’s stock, valued at approximately $22,029,435.19. This represents a 5.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Caroline Stockdale sold 10,628 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the transaction, the insider owned 23,792 shares in the company, valued at approximately $6,557,075.20. This represents a 30.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 31,893 shares of company stock valued at $7,893,775 over the last quarter. 0.39% of the stock is owned by company insiders.
Key First Solar News Here are the key news stories impacting First Solar this week:
Positive Sentiment: Some recent commentary remains constructive, with articles highlighting First Solar’s attractive valuation and brokerage ratings that still lean to a “Moderate Buy,” suggesting the stock may still have longer-term support from analysts and fundamental investors. Neutral Sentiment: First Solar announced it will report second-quarter 2026 results on July 30, which gives traders a clear near-term event to watch for guidance, margins, and commentary on tariffs, production utilization, and demand. Neutral Sentiment: Several market articles noted the stock had recently been trading around fair-value estimates and reacting to broader solar demand and tariff expectations, indicating mixed sentiment ahead of earnings. Negative Sentiment: Multiple law firms announced or reiterated class-action lawsuits and lead-plaintiff deadlines against First Solar over alleged misleading disclosures tied to tariff-related production decisions and facility underutilization, creating a legal overhang that can weigh on the shares. Article title Negative Sentiment: Trading commentary also pointed to recent weakness as investors weighed the lawsuit risk, insider selling, and caution ahead of the July 30 earnings release, which can amplify profit-taking in a volatile name like FSLR. Wall Street Analysts Forecast Growth FSLR has been the subject of several analyst reports. Freedom Capital raised First Solar from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 5th. Argus increased their price target on First Solar from $250.00 to $275.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Morgan Stanley lifted their price objective on shares of First Solar from $230.00 to $245.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Sanford C. Bernstein reissued an “underperform” rating on shares of First Solar in a research note on Friday, June 26th. Finally, Evercore raised their target price on shares of First Solar from $212.00 to $219.00 in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, First Solar has a consensus rating of “Moderate Buy” and a consensus price target of $256.41.
Read Our Latest Analysis on FSLR
First Solar Price Performance Shares of NASDAQ FSLR opened at $211.99 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The firm has a market capitalization of $22.78 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 0.47 and a beta of 1.73. The stock has a 50 day moving average price of $251.23 and a 200 day moving average price of $228.75. First Solar, Inc. has a 52-week low of $171.86 and a 52-week high of $320.95.
First Solar (NASDAQ:FSLR – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, topping the consensus estimate of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the business posted $1.95 EPS. First Solar’s quarterly revenue was up 23.6% on a year-over-year basis. Sell-side analysts expect that First Solar, Inc. will post 17.54 earnings per share for the current year.
First Solar Company Profile (Free Report)
First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.
Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.
Recommended Stories Five stocks we like better than First Solar Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding FSLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Solar, Inc. (NASDAQ:FSLR – Free Report).
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Bank of New York Mellon Corp grew its position in shares of First Solar, Inc. (NASDAQ: FSLR) by 0.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 708,153 shares of the solar cell manufacturer's stock after purchasing an additional
Boston Common Asset Management LLC lessened its holdings in shares of Gilead Sciences, Inc. (NASDAQ:GILD – Free Report) by 8.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,243 shares of the biopharmaceutical company’s stock after selling 7,238 shares during the quarter. Boston Common Asset Management LLC’s holdings in Gilead Sciences were worth $10,765,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the business. Planning Alternatives Ltd. ADV acquired a new stake in shares of Gilead Sciences in the 1st quarter worth about $216,000. Broderick Brian C bought a new position in Gilead Sciences in the 1st quarter valued at about $461,000. Nelson Capital Management LLC acquired a new position in Gilead Sciences during the 1st quarter valued at about $408,000. Decker Wealth Management LLC acquired a new position in Gilead Sciences during the 1st quarter valued at about $394,000. Finally, SEB Asset Management AB bought a new stake in Gilead Sciences during the 1st quarter worth approximately $171,843,000. Institutional investors and hedge funds own 83.67% of the company’s stock.
Analyst Upgrades and Downgrades Several brokerages have recently commented on GILD. Maxim Group raised Gilead Sciences from a “hold” rating to a “buy” rating and set a $165.00 price objective for the company in a research note on Wednesday, May 20th. Rothschild & Co Redburn cut their target price on Gilead Sciences from $170.00 to $167.00 in a research report on Monday, May 11th. HSBC upgraded Gilead Sciences from a “hold” rating to a “buy” rating and upped their price target for the stock from $133.00 to $155.00 in a report on Monday, July 6th. Daiwa Securities Group lowered their price target on Gilead Sciences from $161.00 to $150.00 and set an “outperform” rating for the company in a research report on Tuesday, May 19th. Finally, The Goldman Sachs Group raised their price objective on Gilead Sciences from $125.00 to $130.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. Twenty-six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $159.04.
View Our Latest Report on Gilead Sciences
Gilead Sciences Stock Performance NASDAQ:GILD opened at $134.28 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.77 and a current ratio of 1.97. The firm has a market cap of $166.72 billion, a price-to-earnings ratio of 18.29 and a beta of 0.32. Gilead Sciences, Inc. has a 52 week low of $107.75 and a 52 week high of $157.29. The firm has a 50-day moving average price of $129.73 and a two-hundred day moving average price of $135.30.
Gilead Sciences (NASDAQ:GILD – Get Free Report) last posted its earnings results on Thursday, May 7th. The biopharmaceutical company reported $2.03 EPS for the quarter, topping the consensus estimate of $1.91 by $0.12. Gilead Sciences had a net margin of 30.99% and a return on equity of 48.19%. The firm had revenue of $6.96 billion for the quarter, compared to analysts’ expectations of $6.91 billion. During the same quarter last year, the firm earned $1.81 EPS. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. Gilead Sciences has set its FY 2026 guidance at -1.050–0.650 EPS. On average, equities analysts expect that Gilead Sciences, Inc. will post -0.77 earnings per share for the current fiscal year.
Gilead Sciences Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 15th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, June 15th. Gilead Sciences’s dividend payout ratio (DPR) is 44.69%.
Insider Buying and Selling In other news, CEO Daniel Patrick O’day sold 15,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $126.29, for a total transaction of $1,894,350.00. Following the completion of the sale, the chief executive officer directly owned 607,133 shares of the company’s stock, valued at $76,674,826.57. This trade represents a 2.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Johanna Mercier sold 3,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $123.92, for a total value of $371,760.00. Following the sale, the insider directly owned 124,234 shares of the company’s stock, valued at approximately $15,395,077.28. This represents a 2.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 77,000 shares of company stock worth $9,978,740. 0.30% of the stock is owned by company insiders.
Gilead Sciences Profile (Free Report)
Gilead Sciences, Inc, founded in 1987 and headquartered in Foster City, California, is a biopharmaceutical company focused on the discovery, development and commercialization of medicines in areas of high unmet medical need. The company initially built its reputation in antiviral therapies and has since expanded into oncology, cell therapy and inflammatory diseases. Gilead operates a global research and commercial organization, conducting clinical development and selling medicines in markets around the world.
Gilead’s product portfolio is anchored by antiviral therapies for HIV and viral hepatitis.
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AIA Group Ltd purchased a new stake in shares of CF Industries Holdings, Inc. (NYSE:CF – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,400 shares of the basic materials company’s stock, valued at approximately $3,428,000.
A number of other large investors have also bought and sold shares of CF. Hantz Financial Services Inc. lifted its holdings in CF Industries by 46.3% during the 4th quarter. Hantz Financial Services Inc. now owns 493 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 156 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of CF Industries during the 4th quarter worth $43,000. WPG Advisers LLC grew its position in CF Industries by 69.8% in the fourth quarter. WPG Advisers LLC now owns 552 shares of the basic materials company’s stock worth $43,000 after acquiring an additional 227 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in CF Industries in the second quarter worth $44,000. Finally, MV Capital Management Inc. bought a new position in CF Industries in the fourth quarter valued at $52,000. 93.06% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets Several equities research analysts have issued reports on CF shares. The Goldman Sachs Group dropped their price target on CF Industries from $133.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, June 23rd. Morgan Stanley decreased their price objective on CF Industries from $135.00 to $115.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 7th. Wall Street Zen downgraded CF Industries from a “buy” rating to a “hold” rating in a research report on Saturday. Berenberg Bank upped their target price on CF Industries from $86.00 to $106.00 and gave the stock a “hold” rating in a research note on Thursday, May 28th. Finally, Freedom Capital upgraded shares of CF Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $116.62.
View Our Latest Stock Report on CF Industries
CF Industries Trading Down 0.2% Shares of CF opened at $121.17 on Monday. The stock has a market capitalization of $18.62 billion, a P/E ratio of 10.89 and a beta of 0.40. CF Industries Holdings, Inc. has a twelve month low of $75.42 and a twelve month high of $141.96. The company has a quick ratio of 3.15, a current ratio of 3.54 and a debt-to-equity ratio of 0.39. The firm has a fifty day simple moving average of $114.30 and a two-hundred day simple moving average of $109.51.
CF Industries Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, August 14th. This is a boost from CF Industries’s previous quarterly dividend of $0.50. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. CF Industries’s payout ratio is 17.97%.
CF Industries Profile (Free Report)
CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.
Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.
Featured Articles Five stocks we like better than CF Industries Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding CF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CF Industries Holdings, Inc. (NYSE:CF – Free Report).
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Dimensional Fund Advisors LP lowered its stake in AbbVie Inc. (NYSE:ABBV – Free Report) by 10.5% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,411,238 shares of the company’s stock after selling 868,264 shares during the period. AbbVie accounts for about 0.3% of Dimensional Fund Advisors LP’s holdings, making the stock its 29th largest holding. Dimensional Fund Advisors LP owned 0.42% of AbbVie worth $1,611,690,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ABBV. Litman Gregory Wealth Management LLC purchased a new stake in shares of AbbVie in the fourth quarter worth $28,000. Westend Capital Management LLC purchased a new position in shares of AbbVie in the 4th quarter worth about $29,000. Imprint Wealth LLC raised its position in shares of AbbVie by 56.2% in the 4th quarter. Imprint Wealth LLC now owns 125 shares of the company’s stock worth $29,000 after purchasing an additional 45 shares during the last quarter. Legacy Wealth Managment LLC ID boosted its stake in AbbVie by 115.9% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the company’s stock worth $31,000 after purchasing an additional 73 shares in the last quarter. Finally, IFC & Insurance Marketing Inc. purchased a new stake in AbbVie during the 4th quarter valued at about $31,000. Institutional investors own 70.23% of the company’s stock.
AbbVie Stock Up 0.0% Shares of NYSE ABBV opened at $254.53 on Monday. The firm’s 50-day moving average price is $229.80 and its 200-day moving average price is $221.87. AbbVie Inc. has a 52-week low of $184.63 and a 52-week high of $261.64. The company has a market cap of $449.70 billion, a PE ratio of 125.38, a PEG ratio of 0.84 and a beta of 0.30.
AbbVie (NYSE:ABBV – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.06. The firm had revenue of $15 billion during the quarter, compared to analysts’ expectations of $14.72 billion. AbbVie had a net margin of 5.79% and a negative return on equity of 576.45%. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.46 earnings per share. As a group, equities research analysts anticipate that AbbVie Inc. will post 14.18 EPS for the current fiscal year.
AbbVie Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Wednesday, July 15th will be paid a dividend of $1.73 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.92 dividend on an annualized basis and a yield of 2.7%. AbbVie’s payout ratio is currently 340.89%.
Analyst Ratings Changes Several research analysts have issued reports on the stock. Piper Sandler reaffirmed an “overweight” rating and issued a $298.00 target price on shares of AbbVie in a report on Tuesday, June 23rd. Wells Fargo & Company raised their price target on shares of AbbVie from $260.00 to $295.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. HSBC restated a “buy” rating and issued a $300.00 price objective on shares of AbbVie in a report on Monday, July 6th. UBS Group upped their price objective on AbbVie from $230.00 to $260.00 and gave the company a “neutral” rating in a research report on Monday, July 13th. Finally, Canaccord Genuity Group increased their target price on AbbVie from $265.00 to $273.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, AbbVie has a consensus rating of “Moderate Buy” and an average target price of $267.67.
Read Our Latest Stock Report on ABBV
Key AbbVie News Here are the key news stories impacting AbbVie this week:
Positive Sentiment: AbbVie’s Allergan Aesthetics unit won European Commission approval for Boey® (trenibotulinumtoxinE), a new facial injectable for glabellar lines. The approval gives AbbVie a differentiated aesthetics product in all 30 EEA countries and could add another growth driver to offset Humira-related declines. Article Title Positive Sentiment: Investors are also focusing on AbbVie’s neuroscience franchise and other newer product catalysts, with analysts expecting solid Q2 growth and continued momentum from brands such as Vyalev, RINVOQ, and SKYRIZI ahead of earnings. Article Title Positive Sentiment: Brokerage sentiment remains constructive, with recent coverage showing a “Moderate Buy” consensus and multiple price-target increases in July, reinforcing confidence in AbbVie’s long-term pipeline and earnings outlook. Article Title Neutral Sentiment: Erste Group slightly lowered its FY2026 EPS estimate for AbbVie to $14.08 from $14.23, though the new estimate remains close to the consensus of $14.18 and is not a major deviation. Article Title About AbbVie (Free Report)
AbbVie is a global, research-driven biopharmaceutical company that was created as a spin-off from Abbott Laboratories in 2013 and is headquartered in North Chicago, Illinois. The company focuses on discovering, developing and commercializing therapies for complex and often chronic medical conditions. Its operations span research and development, manufacturing, regulatory affairs and commercialization, with an emphasis on bringing specialty medicines to market across multiple therapeutic areas.
AbbVie’s product portfolio and pipeline cover several major therapeutic categories, including immunology, oncology, neuroscience, virology and women’s health.
Featured Articles Five stocks we like better than AbbVie Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding ABBV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AbbVie Inc. (NYSE:ABBV – Free Report).
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Boston Common Asset Management LLC purchased a new position in shares of eBay Inc. (NASDAQ:EBAY – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 82,401 shares of the e-commerce company’s stock, valued at approximately $7,500,000.
Several other hedge funds also recently added to or reduced their stakes in the company. SEB Asset Management AB purchased a new position in shares of eBay during the first quarter valued at approximately $9,201,000. Swiss National Bank raised its holdings in shares of eBay by 5.9% in the first quarter. Swiss National Bank now owns 1,326,600 shares of the e-commerce company’s stock worth $120,747,000 after buying an additional 74,200 shares during the period. Legacy Wealth Advisors LLC purchased a new stake in shares of eBay in the first quarter worth approximately $238,000. Mediolanum International Funds Ltd lifted its stake in shares of eBay by 53.7% during the 1st quarter. Mediolanum International Funds Ltd now owns 18,760 shares of the e-commerce company’s stock worth $1,651,000 after acquiring an additional 6,556 shares during the last quarter. Finally, Dorsey Wright & Associates boosted its holdings in eBay by 89.7% during the 1st quarter. Dorsey Wright & Associates now owns 68,570 shares of the e-commerce company’s stock valued at $6,241,000 after acquiring an additional 32,422 shares during the period. 87.48% of the stock is currently owned by institutional investors.
Key Headlines Impacting eBay Here are the key news stories impacting eBay this week:
Positive Sentiment: Wedbush initiated coverage on eBay with an Outperform rating and a $135 price target, implying meaningful upside from current levels. This kind of analyst support can help reinforce investor confidence in the stock. Benzinga coverage Positive Sentiment: The UK competition watchdog cleared eBay’s $1.2 billion Depop acquisition, removing a regulatory hurdle and signaling progress on eBay’s growth-by-acquisition strategy. Retail Insight Network article Neutral Sentiment: Coverage also noted that eBay currently has a “Hold” consensus from brokerages, which suggests analysts remain split on the near-term outlook despite the recent bullish target. American Banking News article Neutral Sentiment: A product-related mention about a classic Camaro being listed on eBay is not a meaningful company-specific catalyst for the stock. MSN article Negative Sentiment: Multiple reports highlighted GameStop CEO Ryan Cohen’s renewed push to acquire eBay, including his comment that the company is “coming for eBay one way or another.” While an acquisition premium can sometimes support a stock, the repeated takeover pressure and talk of appealing directly to shareholders may also create uncertainty and volatility for eBay investors. Yahoo Finance article Insider Buying and Selling In other news, CEO Jamie Iannone sold 11,110 shares of eBay stock in a transaction on Monday, July 6th. The stock was sold at an average price of $113.33, for a total value of $1,259,096.30. Following the transaction, the chief executive officer directly owned 275,431 shares in the company, valued at approximately $31,214,595.23. This trade represents a 3.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Mazen Rawashdeh sold 50,000 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $117.04, for a total value of $5,852,000.00. Following the completion of the transaction, the senior vice president directly owned 29,217 shares of the company’s stock, valued at approximately $3,419,557.68. The trade was a 63.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 76,012 shares of company stock valued at $8,747,852 over the last 90 days. Corporate insiders own 0.67% of the company’s stock.
eBay Stock Performance Shares of NASDAQ EBAY opened at $112.06 on Monday. eBay Inc. has a twelve month low of $76.85 and a twelve month high of $119.31. The firm has a market cap of $49.75 billion, a PE ratio of 25.41, a price-to-earnings-growth ratio of 2.47 and a beta of 1.37. The business has a fifty day simple moving average of $111.60 and a two-hundred day simple moving average of $99.44. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.36.
eBay (NASDAQ:EBAY – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The e-commerce company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.08. The business had revenue of $3.09 billion for the quarter, compared to the consensus estimate of $3.04 billion. eBay had a return on equity of 46.11% and a net margin of 17.58%.The business’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.38 EPS. eBay has set its Q2 2026 guidance at 1.090-1.140 EPS. Analysts expect that eBay Inc. will post 4.87 earnings per share for the current fiscal year.
eBay Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. eBay’s dividend payout ratio (DPR) is presently 28.12%.
Analyst Ratings Changes Several equities analysts have commented on EBAY shares. BNP Paribas Exane upped their price objective on eBay from $97.00 to $110.00 and gave the company a “neutral” rating in a research report on Tuesday, May 5th. Truist Financial lifted their target price on eBay from $94.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Bank of America boosted their target price on shares of eBay from $102.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Citigroup restated an “outperform” rating on shares of eBay in a report on Tuesday, July 14th. Finally, Rothschild & Co Redburn raised their price target on shares of eBay from $100.00 to $115.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Fourteen equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $110.52.
View Our Latest Report on eBay
About eBay (Free Report)
eBay Inc is a global e-commerce company that operates an online marketplace connecting individual consumers and businesses for the sale and purchase of new, used and collectible goods. Founded in 1995 by Pierre Omidyar and headquartered in San Jose, California, eBay grew from its early auction-style site into a diversified platform offering both auction-format listings and fixed-price “Buy It Now” transactions. The company completed an initial public offering in the late 1990s and has since evolved its platform and services to support a broad range of product categories and buyer preferences.
The company’s core business centers on its marketplace platform, which provides listing, search and transaction capabilities for millions of items across consumer goods, electronics, fashion, collectibles and more.
Read More Five stocks we like better than eBay Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding EBAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for eBay Inc. (NASDAQ:EBAY – Free Report).
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Bank of New York Mellon Corp reduced its stake in shares of VeriSign, Inc. (NASDAQ:VRSN – Free Report) by 3.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 519,263 shares of the information services provider’s stock after selling 20,269 shares during the quarter. Bank of New York Mellon Corp owned 0.57% of VeriSign worth $128,964,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of VRSN. Perpetual Ltd grew its holdings in VeriSign by 159.6% during the 4th quarter. Perpetual Ltd now owns 9,150 shares of the information services provider’s stock valued at $2,223,000 after purchasing an additional 5,626 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in VeriSign by 152.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 308,091 shares of the information services provider’s stock worth $75,922,000 after buying an additional 186,029 shares in the last quarter. KLP Kapitalforvaltning AS boosted its position in VeriSign by 17.7% in the 4th quarter. KLP Kapitalforvaltning AS now owns 146,100 shares of the information services provider’s stock valued at $35,495,000 after buying an additional 22,020 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in shares of VeriSign by 29.3% during the fourth quarter. Asset Management One Co. Ltd. now owns 49,688 shares of the information services provider’s stock valued at $12,179,000 after acquiring an additional 11,249 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of VeriSign by 2.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 174,140 shares of the information services provider’s stock valued at $41,886,000 after acquiring an additional 3,691 shares in the last quarter. 92.90% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets A number of analysts have recently issued reports on the company. Wedbush started coverage on VeriSign in a research report on Thursday. They set an “outperform” rating and a $318.00 target price on the stock. Robert W. Baird increased their price target on VeriSign from $305.00 to $355.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Citigroup raised their price objective on VeriSign from $295.00 to $320.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of VeriSign in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. increased their target price on VeriSign from $285.00 to $308.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $325.25.
Check Out Our Latest Analysis on VeriSign
VeriSign Price Performance Shares of VRSN opened at $277.66 on Monday. The business’s fifty day moving average price is $278.74 and its 200 day moving average price is $258.44. VeriSign, Inc. has a 12-month low of $208.86 and a 12-month high of $312.48. The stock has a market capitalization of $25.27 billion, a PE ratio of 30.68 and a beta of 0.71.
VeriSign (NASDAQ:VRSN – Get Free Report) last issued its earnings results on Thursday, April 23rd. The information services provider reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.30 by $0.04. VeriSign had a net margin of 49.95% and a negative return on equity of 39.98%. The company had revenue of $428.90 million for the quarter, compared to analysts’ expectations of $424.50 million. During the same period in the prior year, the company earned $2.10 earnings per share. The firm’s revenue was up 6.6% compared to the same quarter last year. As a group, research analysts anticipate that VeriSign, Inc. will post 9.45 earnings per share for the current fiscal year.
Insider Transactions at VeriSign In other news, EVP Thomas C. Indelicarto sold 250 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $269.23, for a total transaction of $67,307.50. Following the completion of the transaction, the executive vice president directly owned 36,051 shares of the company’s stock, valued at approximately $9,706,010.73. This represents a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO D James Bidzos sold 3,300 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $266.09, for a total value of $878,097.00. Following the sale, the chief executive officer owned 422,839 shares in the company, valued at $112,513,229.51. The trade was a 0.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 26,300 shares of company stock valued at $7,125,942. Insiders own 0.56% of the company’s stock.
VeriSign Profile (Free Report)
VeriSign, Inc (NASDAQ: VRSN) is an internet infrastructure company that operates critical components of the global Domain Name System (DNS) and provides cybersecurity-related services. The company is best known as the authoritative registry operator for the .com and .net top-level domains, maintaining the central databases and zone files that enable domain name resolution for millions of websites. VeriSign’s registry role is performed under contractual agreements with Internet Corporation for Assigned Names and Numbers (ICANN) and involves high-availability, highly secure operations to support continuous internet connectivity.
In addition to its registry business, VeriSign offers a suite of services designed to protect and accelerate DNS and internet traffic for enterprises and service providers.
Featured Stories Five stocks we like better than VeriSign Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks Want to see what other hedge funds are holding VRSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VeriSign, Inc. (NASDAQ:VRSN – Free Report).
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Fifth Third Bancorp boosted its position in VeriSign, Inc. (NASDAQ:VRSN – Free Report) by 208.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,385 shares of the information services provider’s stock after buying an additional 9,046 shares during the period. Fifth Third Bancorp’s holdings in VeriSign were worth $3,324,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. DV Equities LLC bought a new position in VeriSign in the fourth quarter worth approximately $28,000. Sunbelt Securities Inc. raised its position in shares of VeriSign by 429.2% during the third quarter. Sunbelt Securities Inc. now owns 127 shares of the information services provider’s stock worth $36,000 after purchasing an additional 103 shares during the period. Advisors Asset Management Inc. raised its position in shares of VeriSign by 25.3% during the first quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock worth $50,000 after purchasing an additional 40 shares during the period. Activest Wealth Management lifted its holdings in shares of VeriSign by 788.0% in the 4th quarter. Activest Wealth Management now owns 222 shares of the information services provider’s stock worth $54,000 after purchasing an additional 197 shares in the last quarter. Finally, Fideuram Asset Management Ireland dac acquired a new stake in VeriSign in the 4th quarter valued at $58,000. 92.90% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of analysts have commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of VeriSign in a research note on Wednesday, June 24th. Wedbush assumed coverage on shares of VeriSign in a report on Thursday. They set an “outperform” rating and a $318.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of VeriSign from $285.00 to $308.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Robert W. Baird upped their target price on shares of VeriSign from $305.00 to $355.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Citigroup raised their price target on shares of VeriSign from $295.00 to $320.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, VeriSign has a consensus rating of “Moderate Buy” and a consensus target price of $325.25.
Get Our Latest Analysis on VeriSign
Insiders Place Their Bets In other news, CEO D James Bidzos sold 3,300 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $297.47, for a total transaction of $981,651.00. Following the transaction, the chief executive officer directly owned 439,339 shares of the company’s stock, valued at $130,690,172.33. This represents a 0.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Danny R. Mcpherson sold 5,000 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $271.02, for a total transaction of $1,355,100.00. Following the completion of the transaction, the executive vice president owned 35,195 shares in the company, valued at $9,538,548.90. This trade represents a 12.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 26,300 shares of company stock valued at $7,125,942. Insiders own 0.56% of the company’s stock.
VeriSign Price Performance Shares of NASDAQ VRSN opened at $277.66 on Monday. VeriSign, Inc. has a 52 week low of $208.86 and a 52 week high of $312.48. The company has a market cap of $25.27 billion, a P/E ratio of 30.68 and a beta of 0.71. The business has a 50-day simple moving average of $278.74 and a two-hundred day simple moving average of $258.44.
VeriSign (NASDAQ:VRSN – Get Free Report) last released its earnings results on Thursday, April 23rd. The information services provider reported $2.34 earnings per share for the quarter, topping analysts’ consensus estimates of $2.30 by $0.04. VeriSign had a negative return on equity of 39.98% and a net margin of 49.95%.The company had revenue of $428.90 million during the quarter, compared to the consensus estimate of $424.50 million. During the same quarter in the previous year, the company posted $2.10 EPS. VeriSign’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities research analysts anticipate that VeriSign, Inc. will post 9.45 EPS for the current year.
About VeriSign (Free Report)
VeriSign, Inc (NASDAQ: VRSN) is an internet infrastructure company that operates critical components of the global Domain Name System (DNS) and provides cybersecurity-related services. The company is best known as the authoritative registry operator for the .com and .net top-level domains, maintaining the central databases and zone files that enable domain name resolution for millions of websites. VeriSign’s registry role is performed under contractual agreements with Internet Corporation for Assigned Names and Numbers (ICANN) and involves high-availability, highly secure operations to support continuous internet connectivity.
In addition to its registry business, VeriSign offers a suite of services designed to protect and accelerate DNS and internet traffic for enterprises and service providers.
Featured Articles Five stocks we like better than VeriSign Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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Dimensional Fund Advisors LP boosted its position in shares of Bristol Myers Squibb Company (NYSE:BMY – Free Report) by 2.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,762,589 shares of the biopharmaceutical company’s stock after acquiring an additional 520,330 shares during the period. Dimensional Fund Advisors LP owned approximately 0.92% of Bristol Myers Squibb worth $1,137,847,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in BMY. Norges Bank acquired a new stake in shares of Bristol Myers Squibb during the 4th quarter worth approximately $1,947,272,000. AQR Capital Management LLC lifted its position in Bristol Myers Squibb by 172.6% in the fourth quarter. AQR Capital Management LLC now owns 25,796,905 shares of the biopharmaceutical company’s stock worth $1,391,485,000 after purchasing an additional 16,332,924 shares during the period. Bank of New York Mellon Corp boosted its stake in Bristol Myers Squibb by 47.0% during the fourth quarter. Bank of New York Mellon Corp now owns 24,495,875 shares of the biopharmaceutical company’s stock worth $1,321,308,000 after buying an additional 7,837,485 shares in the last quarter. Geode Capital Management LLC increased its holdings in Bristol Myers Squibb by 13.1% in the 4th quarter. Geode Capital Management LLC now owns 52,638,346 shares of the biopharmaceutical company’s stock valued at $2,837,026,000 after buying an additional 6,084,046 shares during the period. Finally, Man Group plc raised its stake in shares of Bristol Myers Squibb by 280.4% in the 2nd quarter. Man Group plc now owns 7,465,845 shares of the biopharmaceutical company’s stock valued at $345,594,000 after buying an additional 5,503,391 shares in the last quarter. Institutional investors and hedge funds own 76.41% of the company’s stock.
Bristol Myers Squibb Trading Down 0.0% Shares of Bristol Myers Squibb stock opened at $60.71 on Monday. Bristol Myers Squibb Company has a 12-month low of $42.52 and a 12-month high of $62.89. The stock has a market capitalization of $123.97 billion, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 0.17 and a beta of 0.23. The company has a 50-day simple moving average of $57.02 and a 200 day simple moving average of $57.80. The company has a quick ratio of 1.28, a current ratio of 1.42 and a debt-to-equity ratio of 2.10.
Bristol Myers Squibb (NYSE:BMY – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The biopharmaceutical company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Bristol Myers Squibb had a net margin of 15.01% and a return on equity of 64.87%. The firm had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.93 billion. During the same period in the previous year, the business earned $1.80 earnings per share. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. Bristol Myers Squibb has set its FY 2026 guidance at 6.050-6.350 EPS. Research analysts expect that Bristol Myers Squibb Company will post 6.34 earnings per share for the current fiscal year.
Bristol Myers Squibb Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be paid a $0.63 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.52 dividend on an annualized basis and a dividend yield of 4.2%. Bristol Myers Squibb’s payout ratio is currently 70.79%.
Analyst Ratings Changes A number of research firms have recently commented on BMY. Citigroup reaffirmed a “neutral” rating on shares of Bristol Myers Squibb in a report on Friday, May 1st. Bank of America dropped their price target on shares of Bristol Myers Squibb from $67.00 to $66.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $54.00 price objective on shares of Bristol Myers Squibb in a report on Monday, July 6th. Guggenheim reiterated a “buy” rating and issued a $72.00 price objective on shares of Bristol Myers Squibb in a research note on Wednesday, April 8th. Finally, UBS Group reissued a “buy” rating on shares of Bristol Myers Squibb in a report on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $61.25.
View Our Latest Stock Analysis on BMY
Key Headlines Impacting Bristol Myers Squibb Here are the key news stories impacting Bristol Myers Squibb this week:
Positive Sentiment: The FDA accepted Bristol Myers Squibb’s NDA for mezigdomide in relapsed/refractory multiple myeloma, a meaningful regulatory step that could strengthen the company’s oncology pipeline and future revenue prospects. Bristol Myers Squibb (BMY) Wins FDA Review For Mezigdomide In Multiple Myeloma Positive Sentiment: Unusual options activity showed traders buying a notably higher-than-average number of call options, suggesting some investors are positioning for additional upside in BMY. Positive Sentiment: Recent commentary highlighted Bristol Myers Squibb as a strong value stock, reinforcing the view that the shares may still look attractive on valuation grounds. Here’s Why Bristol Myers Squibb (BMY) is a Strong Value Stock Neutral Sentiment: Brokerage coverage continues to point to a “Hold” consensus, indicating analysts are not broadly turning more bullish or bearish on the stock. Bristol Myers Squibb Company (NYSE:BMY) Receives Consensus Rating of “Hold” from Brokerages Neutral Sentiment: Erste Group slightly lowered its FY2027 EPS estimate to $6.10 from $6.12, but the change is modest and still near consensus, so it is unlikely to be a major near-term driver by itself. Negative Sentiment: The small downward revision to longer-term earnings expectations may indicate some caution around Bristol Myers Squibb’s post-2026 growth trajectory, which could limit enthusiasm if investors focus on future profitability. Bristol Myers Squibb Company Profile (Free Report)
Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.
BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.
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Item 1 of 2 Test tubes are seen in front of a displayed Bristol Myers Squibb logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration
[1/2]Test tubes are seen in front of a displayed Bristol Myers Squibb logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesNEW YORK, July 20 (Reuters) - Bristol Myers Squibb (BMY.N), opens new tab said on Monday it is buying the latest-generation computing system from chip company Nvidia (NVDA.O), opens new tab to support its use of artificial intelligence across its drug discovery and development operations.
The drugmaker said it will be the first life sciences company to buy an Nvidia DGX SuperPOD based on its Vera Rubin systems. The chipmaker unveiled its Vera Rubin architecture earlier this year as the successor to its current generation of AI computing systems.
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Financial terms of the Bristol Myers investment were not disclosed. It builds on a smaller SuperPOD system the drugmaker bought from Nvidia, which is around two or three generations behind Vera Rubin, BMS executives said in an interview.
Pharmaceutical companies are increasingly investing in AI infrastructure to try to identify drug targets faster and improve the odds that experimental drugs succeed in clinical trials.
Robert Plenge, chief research officer at Bristol Myers, said the new capabilities would allow the company to cycle through many more potential drug candidates early in the drug development cycle.
"Maybe before we could do 10 and now we can do dozens," he said.
Plenge also said that the company is already using AI tools to cut the time to make medicines to test in trials by 20% to 30%. That could even reach 50% in coming years, he said.
He said one experimental sickle cell disease treatment currently in early clinical development by the company would likely not have been discovered if not for AI-enabled research.
Greg Meyers, the company's chief digital and technology officer, said the investment was driven in part by rapidly growing computing demands as Bristol deploys larger AI models across its research organization. It uses AI in all of its small-molecule and most of its large-molecule programs.
He also said the new system will be more energy efficient.
"When you host these things, you have to pay an electric bill," Meyers said. "Think of it as 10 times more compute capacity per watt spent ... Electricity is not getting cheaper."
Reporting by Michael Erman; editing by David Gaffen
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