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MetLife, Inc. (MET) Presents at Morgan Stanley US Financials Conference 2026 Transcript

MetLife today announced the Non-Qualified Assignment Flex Agreement (NQA-FA), a new deferred payment solution designed to help attorneys and brokers resolve non-physical injury claims with more flexible settlement structures. The NQA-FA enables settlements to be paid over time, including through deferred start dates, lump sums and customized payment schedules aligned to client needs.

The NQA-FA utilizes a funding agreement rather than an annuity and gives attorneys and brokers greater control over how and when settlement payments are delivered across a broad range of non-physical injury cases. These include employment litigation, wrongful termination, discrimination, contract disputes, construction defects, property and environmental claims, liability policy buy-outs, punitive damages, and attorney fees. With approval, both individuals and businesses may be designated as payees.

Only a small percentage of employment litigation cases go to trial, with most resolved through a settlement. In fiscal year 2025, 88,201 workplace discrimination charges were filed with the U.S. Equal Employment Opportunity Commission (EEOC), flat from the prior year, but up 9% compared to fiscal year 20231. As settlement volumes increase, demand is growing for more adaptable structures that can address the complexity of modern cases.

“For many non-physical injury cases, payees increasingly call for delayed or customized payments that traditional structures don’t support,” said Bejan Shirvani, head of Structured Settlements at MetLife. “This funding agreement solution expands the tools available to attorneys and brokers by combining greater flexibility in payment timing and structure with the strength of MetLife’s guarantees, helping support long-term financial security for claimants.”

Non-qualified assignments are commonly used to resolve claims that are not eligible for tax-free treatment under federal law by transferring payment obligations to an assignment company, allowing settlements to be paid over time. However, traditional structures are generally subject to Internal Revenue Code Section 72(u), which requires payments to begin within one year. The NQA-FA is not subject to these requirements, enabling deferred payments beyond one year and a broader range of designs that can align with future events or long-term financial needs.

The NQA-FA is available through MetLife Assignment Company, Inc. and issued by Metropolitan Tower Life Insurance Company.

About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Asia, Latin America, Europe and the Middle East. For more information, visit www.metlife.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260611911869/en/

Posted by Defense World Staff on Apr 2nd, 2026

Alpha Pro Tech, Ltd. (NYSE:APT – Get Free Report) shares traded up 7.2% on Wednesday . The company traded as high as $4.79 and last traded at $4.76. 54,691 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 40,087 shares. The stock had previously closed at $4.44.

Alpha Pro Tech Stock Performance The company has a market cap of $48.48 million, a price-to-earnings ratio of 12.86 and a beta of 0.64. The company has a 50-day simple moving average of $4.98 and a 200-day simple moving average of $4.76.

Hedge Funds Weigh In On Alpha Pro Tech Institutional investors and hedge funds have recently made changes to their positions in the stock. Needham Investment Management LLC increased its holdings in shares of Alpha Pro Tech by 1.2% in the 4th quarter. Needham Investment Management LLC now owns 642,500 shares of the company’s stock valued at $2,853,000 after purchasing an additional 7,500 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Alpha Pro Tech by 94.9% during the fourth quarter. NewEdge Advisors LLC now owns 32,814 shares of the company’s stock worth $146,000 after buying an additional 15,980 shares in the last quarter. Synovus Financial Corp purchased a new stake in Alpha Pro Tech during the third quarter worth about $120,000. Finally, Jane Street Group LLC acquired a new position in Alpha Pro Tech during the first quarter worth about $117,000. 22.69% of the stock is owned by institutional investors and hedge funds.

Alpha Pro Tech Company Profile (Get Free Report)

Alpha Pro Tech Ltd is a Canada‐based specialty manufacturer of engineered polymer products that serve construction and healthcare markets. Through its two operating segments, the company develops, produces and markets synthetic materials used in residential and commercial construction as well as personal protective equipment and respiratory protection for industrial and medical applications.

In its Building Products segment, Alpha Pro Tech offers synthetic roofing underlayment, housewrap and related weatherproofing accessories designed to enhance moisture and air control in roof and wall assemblies.

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First Quarter Net Sales Increased by 5.5% to $14.6 Million, Compared to $13.8 Million for the First Quarter of 2025

Net sales for the first quarter of 2026 were $14.6 million, up 5.5% compared to $13.8 million for the first quarter of 2025 Disposable Protective Apparel segment sales increased by $1.3 million or 23.4%, to $6.7 million, compared to $5.5 million for the three months ended March 31, 2025Building Supply segment sales decreased by $513,000 or 6.1%, to $7.9 million, compared to $8.4 million for the prior year period Net income for the first quarter of 2026 was $702,000 or $0.07 per diluted share, compared to $613,000, or $0.06 per diluted share, for the first quarter of 2025Cash of $16.9 million and working capital of $49.3 million with no debt, as of March 31, 2026
NOGALES, Ariz., May 07, 2026 (GLOBE NEWSWIRE) -- Alpha Pro Tech, Ltd. (NYSE American: APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced financial results for the three month period ended March 31, 2026.

Lloyd Hoffman, President and Chief Executive Officer, commented, “We reported revenue and earnings growth in the first quarter, driven by strong performance in our Disposable Protective Apparel segment and continued share gains in housewrap, despite a softer residential construction environment.”

Mr. Hoffman continued, “Disposable Protective Apparel sales increased by 23.4% over the prior year period, led by strong demand from our largest international channel partner. Growth across core product categories reflects sustained momentum and continued execution in this segment.

In Building Supply, housewrap sales increased by 13.1% over the prior year period, exceeding reported industry declines and reinforcing ongoing market share gains. Management expects continued growth in the housewrap category over the coming year, particularly if broader economic and housing market uncertainty eases. This strength was offset by lower synthetic roof underlayment sales in a weaker housing environment, in which the Asphalt Roofing Manufacturers Association (“ARMA”) reported an almost 10% decline in industry shipments compared the first quarter of 2025.”

Mr. Hoffman continued “The building industry outlook for 2026 remains mixed, with expectations for gradual improvement in the latter part of the year. Management remains focused on developing and producing industry-leading products and anticipates growth in the Building Supply segment; however, uncertainty related to economic conditions and geopolitical volatility could adversely impact results.”

2026 First Quarter Financial Results:

Consolidated sales for the three months ended March 31, 2026, increased to $14.6 million, from $13.8 million for the three months ended March 31, 2025, representing an increase of $763,000, or 5.5%.

Disposable Protective Apparel segment sales for the three months ended March 31, 2026, increased by $1.3 million, or 23.4%, to $6.7 million, compared to $5.5 million for the same period of 2025. This segment increase was due to a 23.8% increase in sales of disposable protective garments, a 28.8% increase in sales of face masks and an 8.0% increase in sales of face shields. The sales increase was for the most part due to improved sales to our largest international channel partner. A considerable portion of the increase was attributable to higher selling prices, primarily driven by the impact of U.S. tariffs.

Building Supply segment sales for the three months ended March 31, 2026, decreased by $513,000, or 6.1%, to $7.9 million, compared to $8.4 million for the three months ended March 31, 2025. The Building Supply segment decrease during the three months ended March 31, 2026, was primarily due to a 27.4% decrease in sales of synthetic roof underlayment, partially offset by 13.1% increase in sales of housewrap and a 32.0% increase in sales of other woven material as compared to the same period of 2025.

Challenges in the housing market continued during the first quarter of 2026, as single-family housing starts declined compared to the corresponding period in 2025. According to the U.S. Census Bureau, single-family housing starts decreased by 5.5% for the quarter. Housing starts for January and February 2026 declined by 14.0% compared to the same period in 2025; however, housing activity increased in March 2026, partially mitigating the overall quarterly decline.

We are pursuing opportunities to expand our product portfolio within the roofing market by identifying and developing additional complementary product offerings that align with customer needs, enhance our competitive position, and support long-term growth.

Gross Profit
Gross profit increased by $124,000, or 2.3%, to $5.5 million for the three months ended March 31, 2026, from $5.4 million for the three months ended March 31, 2025. The gross profit margin was 37.8% for the three months ended March 31, 2026, compared to 39.0% for the three months ended March 31, 2025.

The decrease in gross profit margin was primarily driven by U.S. tariffs, implemented under the International Emergency Economic Powers Act (“IEEPA”), in early 2025. During 2025, the Company experienced three tariff increases on most products as a result of U.S. trade policy actions and reciprocal tariffs. We implemented price increases in mid-2025 as well as later in the year to partially offset the impact of these tariff increases; however higher tariffed inventory on hand continued to negatively impact gross margin in the first quarter of 2026. We expect gross margin improvement after higher-cost tariffed inventory flows through the system.

Net Income
Net income for the three months ended March 31, 2026, was $702,000, compared to net income of $613,000 for the same period of 2025, representing an increase of $89,000, or 14.5%. The net income increase was primarily due to an increase in income from operations of $125,000, partially offset by a decrease in other income of $12,000 and an increase in provision for income taxes of $24,000. Net Income as a percentage of net sales was 4.8% for the three months ended March 31, 2026, compared to 4.4% for the same period of 2025. Basic earnings per common share for the three months ended March 31, 2026 and 2025, were $0.07 and $0.06, respectively. Diluted earnings per common share for the three months ended March 31, 2026 and 2025, were $0.07 and $0.06, respectively.

Balance Sheet
As of March 31, 2026, the Company had cash of $16.9 million compared to $17.0 million as of December 31, 2025. Working capital totaled $49.3 million and the Company’s current ratio was 20:1, compared to a current ratio of 13:1 as of December 31, 2025.

Other
The Company is seeking refunds of certain previously paid tariffs following recent legal developments; however, no amounts have been recognized due to uncertainty around timing and collectability.

Colleen McDonald, Chief Financial Officer, commented, “As of March 31, 2026, we had $1.4 million available for additional stock purchases under our stock repurchase program. In total, the company has repurchased a total of 21,927,940 shares of common stock at a cost of approximately $58,123,000 through our repurchase program which commenced in 1999. We retire all stock upon repurchase. And future repurchases are expected to be funded from cash on hand and cash flows from operating activities.”

About Alpha Pro Tech, Ltd.
Alpha Pro Tech, Ltd. is the parent company of Alpha Pro Tech, Inc. and Alpha ProTech Engineered Products, Inc. Alpha Pro Tech, Inc. develops, manufactures and markets innovative disposable and limited-use protective apparel products for the industrial, clean room, medical and dental markets. Alpha ProTech Engineered Products, Inc. manufactures and markets a line of construction weatherization products, including building wrap and roof underlayment. The Company has manufacturing facilities in Nogales, Arizona, Valdosta, Georgia; and a joint venture in India. For more information and copies of all news releases and financials, visit Alpha Pro Tech’s website at http://www.alphaprotech.com.

Certain statements made in this press release constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts and may be identified generally by the use of forward-looking terminology and words such as “expects,” “anticipates,” “estimates,” “believes,” “predicts,” “intends,” “plans,” “potentially,” “may,” “continue,” “should,” “will” and words of similar meaning. Without limiting the generality of the preceding statement, all statements in this press release relating to estimated and projected earnings, expectations regarding order volume, timing of fulfillment of orders, production capacity and our plans to ramp up production and expand capacity, product demand, availability of raw materials and supply chain access, margins, costs, expenditures, cash flows, sources of capital, growth rates and future financial and operating results are forward-looking statements. We caution investors that any such forward-looking statements are only estimates based on current information and involve risks and uncertainties that may cause actual results to differ materially from the results contained in the forward-looking statements. We cannot give assurances that any such statements will prove to be correct. Factors that could cause actual results to differ materially from those estimated by us include the risks, uncertainties and assumptions described from time to time in our public releases and reports filed with the Securities and Exchange Commission, including, but not limited to, our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Specifically, these factors include, but are not limited to, changes in our exposure to foreign currency exchange risks related to our unconsolidated affiliate operations in India; potential failure to remediate the material weakness in our internal controls; our partnership with a joint venture partner; the loss of any major customer or a reduction in order volume by our customers; the inability of our suppliers and contractors to meet our requirements; potential challenges related to international manufacturing; the effects of tariff policies and potential countermeasures; the inability to protect our intellectual property; competition in our industry; customer preferences; the timing and market acceptance of new product offerings; changes in global economic conditions; security breaches or disruptions to the information technology infrastructure; risks related to climate change and natural disasters or other events beyond our control; potential liabilities from environmental laws and regulations; uncertainties with respect to the development, deployment, and use of artificial intelligence; the impact of legal and regulatory proceedings or compliance challenges; and volatility in our common stock price and our investments. We also caution investors that the forward-looking information described herein represents our outlook only as of this date, and we undertake no obligation to update or revise any forward-looking statements to reflect events or developments after the date of this press release. Given these uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.

-- Tables follow –

Condensed Consolidated Balance Sheets (Unaudited)  March 31, December 31, 2026
 2025 (1)Assets   Current assets:   Cash and cash equivalents
$16,883,000  $16,988,000 Accounts receivable, net
 7,872,000   6,936,000 Accounts receivable, related party
 1,463,000   1,202,000 Inventories, net
 22,045,000   23,598,000 Prepaid expenses
 3,631,000   3,796,000 Total current assets
 51,894,000   52,520,000     Property and equipment, net 8,100,000   8,234,000 Goodwill 55,000   55,000 Right-of-use assets 7,530,000   7,775,000 Equity investment in unconsolidated affiliate 5,405,000   5,548,000 Total assets
$72,984,000  $74,132,000     Liabilities and Shareholders' Equity   Current liabilities:   Accounts payable
$934,000  $2,005,000 Accrued liabilities
 714,000   1,088,000 Lease liabilities
 971,000   965,000 Total current liabilities
 2,619,000   4,058,000     Lease liabilities, net of current portion 6,673,000   6,917,000 Deferred income tax liabilities, net 679,000   679,000 Total liabilities
 9,971,000   11,654,000 Commitments and contingencies   Shareholders' equity:   Common stock, $.01 par value: 50,000,000 shares authorized; 10,131,565 shares outstanding as of March 31, 2026 and December 31, 2025
 101,000   101,000 Additional paid-in capital
 15,960,000   15,828,000 Retained earnings
 49,198,000   48,496,000 Accumulated other comprehensive loss
 (2,246,000)  (1,947,000)Total shareholders' equity
 63,013,000   62,478,000 Total liabilities and shareholders' equity
$72,984,000  $74,132,000      (1) The condensed consolidated balance sheet as of December 31, 2025, has been prepared using information from the audited consolidated balance sheet as of that date.

Condensed Consolidated Statements of Comprehensive Income (Unaudited)
       For the Three Months Ended   March 31,   2026
 2025
       Net sales $14,585,000 $13,822,000       Cost of goods sold, excluding depreciation and amortization
  9,069,000  8,430,000                Gross profit  5,516,000  5,392,000       Operating expenses:     Selling, general and administrative
  4,686,000  4,694,000 Depreciation and amortization
  250,000  243,000                Total operating expenses
  4,936,000  4,937,000                       Income from operations
  580,000  455,000        Other income:     Equity in income of unconsolidated affiliate
  155,000  141,000 Interest income, net
  150,000  176,000                Total other income
  305,000  317,000                      Income before provision for income taxes
  885,000  772,000       Provision for income taxes  183,000  159,000       Net income $702,000 $613,000             Basic earnings per common share $0.07 $0.06       Diluted earnings per common share $0.07 $0.06       Basic weighted average common shares outstanding 10,131,565  10,724,760       Diluted weighted average common shares outstanding
  10,331,682  10,836,581         XXX

May 12, 2026 16:05 ET  | Source: Digital Realty Trust, L.P.

AUSTIN, Texas, May 12, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, announced today its board of directors has authorized quarterly cash dividends for common and preferred stock for the second quarter of 2026.

Common Stock
Digital Realty’s board of directors authorized a cash dividend of $1.22 per share to common stockholders of record as of the close of business on June 15, 2026. The common stock cash dividend will be paid on June 30, 2026.

Series J Cumulative Redeemable Preferred Stock
The company’s board of directors authorized a cash dividend of $0.328125 per share to holders of record of the company’s 5.250% Series J Cumulative Redeemable Preferred Stock as of the close of business on June 15, 2026. The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on June 30, 2026.

Series K Cumulative Redeemable Preferred Stock
The company’s board of directors authorized a cash dividend of $0.365625 per share to holders of record of the company’s 5.850% Series K Cumulative Redeemable Preferred Stock as of the close of business on June 15, 2026. The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on June 30, 2026.

Series L Cumulative Redeemable Preferred Stock
The company’s board of directors authorized a cash dividend of $0.325000 per share to holders of record of the company’s 5.200% Series L Cumulative Redeemable Preferred Stock as of the close of business on June 15, 2026. The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on June 30, 2026.

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 55+ metros across 30+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
(737) 281-0101
[email protected]

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the amount and timing of expected payment of dividends on our common stock and preferred stock. For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Options Technology, the leading managed IT services and technology solutions provider, today announced it has been named Digital Realty's Partner of the Year for EMEA for 2025. The award, presented as part of Digital Realty's annual Partner Awards program, recognizes channel and alliance partners who drive the most meaningful impact for Digital Realty and its customers.

The recognition reflects the significant expertise that Options' team and technology bring in helping enterprises achieve their digital transformation and AI ambitions. The partnership has grown increasingly global in scope, with both organizations sharing a vision for continued expansion and collaboration.

Danny Moore, President and CEO of Options Technology, said: "We are truly honored to be recognized as Digital Realty's EMEA Partner of the Year for 2025. This award is a testament to the dedication of our team and the strength of our relationship with Digital Realty. Together, we are helping enterprises navigate the complexities of digital transformation and unlocking the power of AI, and next-generation compute like quantum computing. We both believe we are just getting started."

Jules Johnston, Senior Vice President, Global Channels at Digital Realty: "Options is a world-class partner for global financial services enterprises who delivers truly innovative solutions that draw on their deep expertise in AI and quantum computing. The strength of our partnership with Options enables both our companies to provide our shared customers with a distinct competitive advantage and benefit of our combined expertise at this critical inflection point in technology.”

Samuel Farmer, President, EMEA, Options Technology, commented: "We are delighted to be recognized as Digital Realty's EMEA Partner of the Year for 2025. We have been working closely with Jules Johnston, Phil Barnett, and the broader team to strengthen our offering across financial services in EMEA. Given the rapid acceleration in demand for our PrivateMind AI solution, it further demonstrates the importance of having their continued commitment to the partnership.

Together, we are helping enterprises navigate the complexities of digital transformation and unlocking the power of AI, and next-generation compute like quantum computing. We both believe we are just getting started."

This announcement comes after several recent developments for Options, including the appointment of Larry Leibowitz as Chairman of the Options Board, the enhancement of its APAC connectivity with direct access to the Japan Alternative Market (JAX) via AtlasFabric, and the company’s recent acquisition of Crossvale.

Options Technology:
Options Technology (Options) is a financial technology company at the forefront of banking and trading infrastructure. We serve clients globally with offices in New York, London, Paris, Belfast, Cambridge, Chicago, Hong Kong, Tokyo, Singapore, Dubai, Sydney and Auckland. At Options, our services are woven into the hottest trends in global technology, including high-performance Networking, Cloud, Security, and AI (Artificial Intelligence).

www.options-it.com

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PT Series showcased in production-grade AI infrastructure environment at Digital Realty’s new London Innovation Lab

LONDON & AUSTIN, Texas--(BUSINESS WIRE)--ORCA Computing a leading quantum computing company, announced today its participation in the newly launched Digital Realty Innovation Lab (DRIL) in London, a next-generation infrastructure testing environment developed by Digital Realty, the world’s largest cloud-and carrier-neutral data center provider.

“Having ORCA integrated within the DRIL helps customers explore practical pathways to hybrid quantum-classical computing,” said Seamus Dunne, Managing Director, Digital Realty UK and Ireland.

Share The DRIL enables customers to test emerging AI and quantum technologies in live operational conditions before full-scale deployment, helping reduce risk and accelerate adoption. By bringing this capability to London, Digital Realty is expanding access to advanced infrastructure testing for organizations building next-generation compute environments across EMEA.

The collaboration with Digital Realty represents another significant commercial milestone for ORCA, as enterprises increasingly explore how quantum acceleration can integrate alongside AI and HPC infrastructure. As part of the initiative, ORCA’s PT Series photonic quantum systems will operate alongside leading AI and infrastructure technologies in a live environment, without the need for specialized cooling or infrastructure.

“Working with ORCA gives customers direct access to one of the UK’s leading quantum innovators and demonstrates how quantum technologies can be integrated into real-world enterprise and AI infrastructure environments today,” said Seamus Dunne, Managing Director, Digital Realty UK and Ireland. “Having ORCA integrated within the DRIL helps customers explore practical pathways to hybrid quantum-classical computing.”

ORCA’s latest deployment is proof of the company’s data center-native approach to photonic quantum computing. This partnership solidifies ORCA’s position as a leading quantum company and one of the only full-stack quantum computing companies able to quickly and effectively deploy in commercial environments.

“ORCA was built around the idea that quantum computing should integrate directly into the infrastructure enterprises already rely on for AI and high-performance computing,” said Richard Murray, PhD, Co-founder and Chief Executive Officer of ORCA Computing. “As a London-based quantum company, it is exciting to be part of the launch of the Digital Realty Innovation Lab and to demonstrate our systems operating inside a commercial data center environment.”

This announcement reinforces ORCA’s continued momentum in advancing hybrid quantum–classical integration across generative AI and enterprise environments. Together with ORCA’s growing ecosystem of strategic collaborations including, NVIDIA, Toyota Tsusho, SiC Systems and JIJ, ORCA continues to expand the deployment of photonic quantum systems within enterprise data center environments and real-world commercial deployments.

About ORCA Computing

ORCA Computing, headquartered in London, UK, with offices in the United States, is a leading developer and provider of full-stack photonic quantum computing systems. The company delivers an innovative approach to quantum computing, providing robust, high-performance, and data center-standard systems for machine learning, generative AI and optimization workloads. ORCA Computing has successfully delivered ten on-premises quantum computers to leading global customers, including the UK National Quantum Computing Centre, Montana State University, and the Poznan Supercomputing and Networking Center.

For more information, please visit https://orcacomputing.com

More News From ORCA Computing

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Key Takeaways DLR shares gained 21.4% in six months, outpacing the industry's 7.8% growth.DLR signed $707M in Q1 bookings and grew its lease backlog to $1.8B through 2027 and 2028.DLR raised 2026 Core FFO guidance to $8.00-$8.10 and has 1.2 GW under construction, 61% pre-leased. Digital Realty (DLR - Free Report) shares have risen 19% in the past six months compared with the industry’s 7.8% growth.

Digital Realty is benefiting from strong cloud and AI-driven demand, which is supporting robust leasing activity, record bookings and a growing backlog that enhances revenue visibility. The company continues expanding its global footprint through acquisitions and development projects while maintaining significant pre-leased capacity. Strong liquidity, improving leverage metrics, access to low-cost and diversified capital sources and higher 2026 core FFO guidance position Digital Realty for sustained long-term growth.

Analysts seem positive about this Zacks Rank #3 (Hold) company, with the Zacks Consensus Estimate for its 2026 funds from operations (FFO) per share revised marginally northward to $8.06 over the past month.

Image Source: Zacks Investment Research

Factors Behind DLR Stock’s Price Surge: Will This Continue?Digital Realty continues to benefit from strong demand for data center infrastructure as enterprises accelerate cloud adoption, AI deployments and IT outsourcing. The company serves a highly diversified customer base spanning cloud, content, information technology, network and enterprise industries. As of March 31, 2026, Digital Realty operated 309 data centers across more than 55 metropolitan areas worldwide and supported more than 5,500 customers. Portfolio occupancy stood at 90.1%, while the addition of 116 new customer logos during the first quarter highlights the breadth of demand and the recurring nature of its revenue stream.

Leasing activity remains a key growth driver. During the first quarter of 2026, Digital Realty signed $707 million of total bookings at 100% share, including $98 million from the 0-1 megawatt and interconnection category. The company’s backlog of signed but not yet commenced leases increased to $1.8 billion, providing revenue visibility well into 2027 and 2028. Positive cash renewal spreads of 5% further demonstrate pricing power, while management’s decision to raise 2026 Core FFO guidance to $8.00-$8.10 per share reflects confidence in future earnings growth.

Digital Realty is expanding its global footprint through strategic land acquisitions and connectivity-focused investments. During the first quarter of 2026, the company acquired development sites in Atlanta, Portland and Milan while strengthening its European presence through the acquisition of Telepoint in Bulgaria. Subsequent to the first quarter, it also expanded its presence in Malaysia through acquisitions in Cyberjaya and opened its first data center in Barcelona in May 2026. These investments added more than one gigawatt of future capacity and position the company to capitalize on growing hyperscale, cloud and AI-related demand across key markets.

Development activity remains robust. Management reported approximately 1.2 gigawatts of capacity under construction as of March 31, 2026, with 61% already pre-leased and expected to generate an average yield of 11.4%. This level of pre-leasing reduces lease-up risk and supports future revenue commencements. To support the pipeline, Digital Realty increased its 2026 development capital expenditure outlook to $3.5-$4.0 billion, net of partner contributions.

The company maintains financial flexibility to fund its growth initiatives. As of March 31, 2026, Digital Realty held $2.43 billion in cash and cash equivalents while leverage improved to 4.7x net debt-to-Adjusted EBITDA. Its largely fixed-rate debt structure carries a low 2.8% weighted-average coupon and a 4.7-year average maturity. Combined with equity issuance and planned asset recycling activities, this liquidity position provides ample capacity to support future development and expansion plans.

Given the above-mentioned factors, we believe the rising trend in the stock is expected to continue in the near term.

Key Risks for DLR StockCompetition from other industry players is likely to lead to aggressive pricing pressure and weigh on Digital Realty’s prospects. A substantial debt burden adds to its woes.

Stocks to ConsiderSome better-ranked stocks from the broader REIT sector are American Tower (AMT - Free Report) and Lamar Advertising (LAMR - Free Report) , each carrying a Zacks Rank of #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for AMT’s 2026 FFO per share is pegged at $10.95, which indicates year-over-year growth of 1.77%.

The Zacks Consensus Estimate for LAMR’s full-year FFO per share is pinned at $8.81, which suggests an increase of 6.66% from the year-ago period.

Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs.

Digital Realty Trust, Inc. (DLR) Presents at Nareit REITweek: 2026 Investor Conference Transcript

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BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) announced that its Board of Directors has declared a quarterly cash distribution of $1.79 per share on shares of the Company’s common stock. The distribution is payable on July 13, 2026 to the stockholders of record at the close of business on June 12, 2026.

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” sections of our investor relations hub at www.americantower.com.

Cautionary Language Regarding Forward-Looking Statements

This press release contains “forward-looking statements” concerning the Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company’s forward-looking statements as a result of various factors, including those factors set forth under the caption “Risk Factors” in Item 1A of its most recent annual report on Form 10-K, and other risks described in documents the Company subsequently files from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

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On May 27, 2026, we delve into the discounted cash flow (DCF) analysis for American Tower Corp AMT . The company has shown a modest price performance with a year-to-date increase of 6.4%, although it has declined by 9.5% over the past year. Below are key insights from our analysis:

DCF Earnings-based intrinsic value of $133.94 vs current price of $184.95 (margin of safety: -38.1%) DCF FCF-based intrinsic value of $99.16 vs current price (second opinion margin of safety: -86.5%) GF Score™ of 79/100 indicating a reliable DCF input assessment What Is AMT Worth? DCF Earnings-Based Model To determine the intrinsic value of American Tower Corp, we employed a two-stage DCF model. The first stage considers a growth phase lasting 10 years, during which we expect the earnings per share (EPS) to grow at a rate of 12.8% annually. The second stage accounts for a terminal growth rate of 4% over the subsequent 10 years. The discount rate applied is 11%, which combines the risk-free rate and equity risk premium.

Parameter Value Current EPS (TTM, excl. non-recurring) $6.94 10-Year Growth Rate 12.8% 10-Year Treasury Rate 4.47% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The calculation summary for the two-stage DCF model is as follows:

Stage Description Value Growth Stage (Years 1-10) EPS growing at 12.8%, discounted at 11% $75.94 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $58.00 Intrinsic Value Growth + Terminal $133.94 Comparing the current price of $184.95 with the intrinsic value of $133.94 indicates that AMT is modestly overvalued, with a margin of safety of -38.1%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research indicates that stock prices correlate more closely with earnings than free cash flow. For further details, visit the AMT DCF Calculator.

What Does the Free Cash Flow DCF Say? In addition to the earnings-based DCF model, we also evaluated American Tower Corp using a free cash flow (FCF) DCF model. The FCF-based intrinsic value is calculated to be $99.16. This value is significantly lower than the earnings-based intrinsic value of $133.94, indicating a divergence in the two models. Both models suggest that AMT is modestly overvalued, with the FCF model showing a margin of safety of -86.5%.

How Does GF Value™ Compare to the DCF Models? The GF Value™ for American Tower Corp is calculated at $206.80, providing a third perspective on the company's valuation. GF Value™ is GuruFocus' proprietary measure derived from historical trading multiples, past business growth, and future performance estimates. While the DCF models indicate that AMT is overvalued, the GF Value™ suggests that it is undervalued. This discrepancy highlights the importance of considering multiple valuation approaches. For more information, visit the GF Value™ page.

What Does AMT's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006-2021. Below is a summary of AMT's GF Score™:

Metric Rating GF Score™ 79/100 Financial Strength 3/10 Profitability 8/10 Growth 7/10 Valuation 10/10 Momentum 4/10 With a predictability rank of 1 out of 5 stars, it is important to note that higher predictability ratings enhance the reliability of the DCF model for this stock. For more details, visit the AMT stock page.

Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to assumptions regarding growth rates and discount rates. Stocks with low predictability ratings, such as AMT, tend to produce less reliable DCF estimates. The terminal growth rate of 4% used in this analysis is a simplifying assumption that may not accurately reflect future performance.

What This Means for Investors In summary, the three valuation models—DCF earnings, DCF FCF, and GF Value™—present a consensus that American Tower Corp is overvalued. The earnings-based DCF suggests an intrinsic value of $133.94, while the FCF model indicates $99.16, contrasting with the GF Value™ of $206.80. Overall, the evidence points toward AMT being overvalued at its current price of $184.95. For the full DCF analysis, visit the AMT DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.

Frequently Asked Questions What is AMT's intrinsic value based on DCF?

[Answer: earnings-based $133.95, FCF-based $99.16]

Is AMT overvalued or undervalued?

[Answer using DCF + GF Value™ consensus]

How reliable is the DCF model for AMT?

[Answer using predictability rank 1/5]

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today announced that it is scheduled to present at Nareit’s REITweek: 2026 Investor Conference on Wednesday, June 3, 2026, at 3:30 p.m. ET in New York, New York.

A live webcast and replay of the presentation will be accessible from the Investor Relations section of American Tower’s website at www.americantower.com/investor-relations.

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of nearly 150,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.

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American Tower Corporation (AMT) Presents at Nareit REITweek: 2026 Investor Conference Transcript

Key Takeaways AMT's nearly 149,000 communication sites position it to capture 4G/5G and data demand.AMT's Q1 2026 data center revenues rose to $289M; 2026 revenue outlook implies 12.5% growth.AMT had $10.4B liquidity, mostly fixed-rate debt, and raised its quarterly dividend 5.3% YoY. American Tower (AMT - Free Report) owns a diversified communications real estate portfolio across the United States, Europe, Latin America, Africa and select Asia-Pacific markets, with long-term tenant leases that include contractual rent escalators.

Carrier investment in 4G and 5G networks, alongside rising mobile data usage, fixed wireless access and growing cloud-computing and AI workloads, should sustain amendment and colocation activity over time. The company maintains access to capital and returns cash to shareholders through dividends and selective buybacks.

Shares of this Zacks Rank #2 (Buy) company have gained 4.4% over the past three months compared with the industry's growth of 3.8%. Given the strength of its fundamentals, there seems to be additional room for this stock’s growth.

Image Source: Zacks Investment Research

Factors That Make American Tower a Solid PickFavorable Industry Tailwinds: The advancement in mobile technology, such as 4G and 5G, and the proliferation of bandwidth-intensive applications, propel growth in mobile data usage globally. Amid this, wireless service providers and carriers have been deploying additional equipment for existing networks to enhance network coverage and capacity. Given its portfolio of nearly 149,000 communication sites worldwide, American Tower is strategically positioned to capture this incremental demand.

Long Term Leases: American Tower generates most of its revenues from non-cancellable, long-term tenant leases on its communications sites with major wireless carriers. These leases typically have an initial term of five to 10 years with multiple renewal options. Most leases have provisions that periodically increase rent, typically annually. This arrangement brings in revenue stability for AMT.

Data Center Boom: With growth in cloud computing, the Internet of Things and big data, more enterprises are using third-party data center capacity. In first-quarter 2026, AMT’s data center property revenues increased to $289 million from $244 million, and management cited higher demand tied to hybrid and multicloud deployments, AI-related use cases and greater interconnection activity. For full-year 2026, management expects data center property revenues of $1.175-$1.195 billion, implying about 12.5% growth year over year, and plans roughly $695 million of development spend.

Robust Balance Sheet: American Tower has a robust operating platform and ample liquidity to support its debt servicing. As of March 31, 2026, the company had $10.4 billion in total liquidity. Debt remained largely fixed-rate at 94% and 6% floating as of March 31, 2026, and the weighted average remaining term was 5.1 years. As of the end of the first quarter of 2026, it enjoyed the investment-grade credit ratings of BBB+ from S&P, BBB+ from Fitch and Baa2 from Moody’s, all with stable outlooks. This enables the company to borrow at a favorable rate.

Sustainable Dividend Payout: American Tower has a disciplined capital distribution strategy and remains committed to increasing shareholder value through regular dividend hikes. In March 2026, it raised its quarterly cash distribution to $1.79 per share, up 5.3% year over year. It has increased its dividend 12 times in the past five years, with an annualized dividend growth rate of 5.84%. Backed by robust operating fundamentals, we expect the company’s dividend distribution to be sustainable in the upcoming period.

Other Stocks to ConsiderSome other top-ranked stocks from the broader REIT sector are Lamar Advertising (LAMR - Free Report) and Vornado Realty Trust (VNO - Free Report) , each carrying a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for LAMR’s 2026 FFO per share has been revised upward 2.2% to $8.81 over the past two months.

The consensus estimate for VNO’s 2026 FFO per share has been revised up marginally over the past month to $2.34.

Note: Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs.

In the latest trading session, American Tower (AMT - Free Report) closed at $189.31, marking a -1.66% move from the previous day. This change lagged the S&P 500's daily gain of 1.75%. On the other hand, the Dow registered a gain of 1.86%, and the technology-centric Nasdaq increased by 2.54%.

Coming into today, shares of the wireless communications infrastructure company had gained 10.72% in the past month. In that same time, the Finance sector gained 0.12%, while the S&P 500 lost 1.63%.

Analysts and investors alike will be keeping a close eye on the performance of American Tower in its upcoming earnings disclosure. The company is expected to report EPS of $2.69, up 3.46% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $2.71 billion, showing a 3.09% escalation compared to the year-ago quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $10.95 per share and a revenue of $10.91 billion, signifying shifts of +1.77% and +2.53%, respectively, from the last year.

It is also important to note the recent changes to analyst estimates for American Tower. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Right now, American Tower possesses a Zacks Rank of #3 (Hold).

From a valuation perspective, American Tower is currently exchanging hands at a Forward P/E ratio of 17.59. This represents a premium compared to its industry average Forward P/E of 13.35.

It's also important to note that AMT currently trades at a PEG ratio of 0.78. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The REIT and Equity Trust - Other was holding an average PEG ratio of 2.41 at yesterday's closing price.

The REIT and Equity Trust - Other industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 95, positioning it in the top 39% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Key Takeaways POSCO Future M signs MOU to develop anode-free lithium metal batteries with Kumho Technologies and BEI. PKX collaboration targets 30-50% higher energy density and over 2X faster charging speeds.POSCO Future M, Kumho and BEI split roles across materials, CNT supply and cell engineering. POSCO Holdings Inc. (PKX - Free Report) recently announced that its battery materials subsidiary POSCO Future M has signed a memorandum of understanding (MOU) with Kumho Petrochemical and BEI to develop next-generation battery technology. The partnership focuses on anode-free lithium metal batteries and aims to combine materials innovation with advanced cell engineering to accelerate commercialization. 

The collaboration is centered on anode-free battery architecture. This design removes the traditional graphite anode. Lithium is deposited directly onto the current collector during charging. The structure creates more usable space inside the cell.  

It can deliver 30% to 50% higher energy density than conventional lithium-ion batteries. The technology also reduces battery weight and improves efficiency. It is well-suited for electric vehicles, drones, robotics and urban air mobility systems. Faster charging is another key benefit. Charging speeds can be more than twice as fast as existing battery technologies. 

POSCO Future M will develop cathode materials optimized for anode-free systems. Kumho Petrochemical will supply carbon nanotubes (CNTs) to improve conductivity and performance. BEI will lead battery cell design and engineering. This ensures that the materials are integrated into practical and scalable battery solutions. 

The collaboration targets high-growth sectors that require high energy density and fast charging. It reflects a broader industry push to move beyond the limits of conventional lithium-ion batteries. 

Shares of PKX are up 14% over the past year against the industry’s 3.3% fall. 

Image Source: Zacks Investment Research

PKX Zacks Rank & Key PicksPKX currently carries a Zacks Rank of #3 (Hold).

Some better-ranked stocks in the Basic Materials space are Impala Platinum Holdings Limited (IMPUY - Free Report) , Fortuna Mining Corp. (FSM - Free Report)  and NEXA Resources S.A. (NEXA - Free Report) . IMPUY, FSM and NEXA carry a Zacks Rank of #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for IMPUY’s current fiscal-year earnings is pegged at $2.12 per share, indicating a 4,140% year-over-year increase. Shares of IMPUY have jumped 105.2% over the past year.

The Zacks Consensus Estimate for FSM’s current fiscal-year earnings is pegged at $1.85 per share, indicating a 180.3% year-over-year increase. Shares of FSM have gained 48.6% over the past year.

The Zacks Consensus Estimate for NEXA’s current fiscal-year earnings is pegged at $1.70 per share, indicating a 100% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with the average earnings surprise being 76%. 

Key Takeaways POSCO partners Mobilint, investing 3B KRW to deploy NPU-based AI in its PosMaster control system. PKX shifts from GPUs to NPUs for better efficiency, lower costs and real-time edge AI processing. PKX plans broad NPU rollout across steel, batteries and logistics to advance smart factories. POSCO Holdings Inc. (PKX - Free Report) is accelerating its push into advanced manufacturing technologies as its subsidiary POSCO DX shifts its artificial intelligence (AI) strategy toward domestically developed neural processing units (NPUs). The move marks a significant step in the group’s broader effort to build intelligent factories and strengthen its digital capabilities. 

POSCO DX recently announced a deal with South Korean AI semiconductor startup Mobilint. The company invested about 3 billion KRW to support the development and deployment of NPU-based solutions. These chips will be integrated into POSCO DX’s proprietary industrial control system, PosMaster, which is used to manage and automate manufacturing processes. 

The initiative centers on moving away from traditional graphics processing units (GPUs), which are general-purpose and not always suited for industrial AI workloads. Instead, NPUs are purpose-built for tasks like deep learning and inference, offering better energy efficiency and lower operating costs in large-scale manufacturing. 

NPUs also support edge AI, allowing data to be processed directly on-site rather than in distant data centers. This enables real-time monitoring and control while enhancing data security, which is crucial for precision-driven industries like steel and battery materials. 

POSCO DX aims to develop smart factories that can make instant decisions using on-site data. Mobilint’s high-performance NPUs can run large language models at the edge, enabling faster and more efficient analysis of complex industrial data. 

POSCO DX plans to expand the use of NPUs beyond pilot projects and deploy them across a wide range of operations, including steel production, secondary battery materials and logistics. The initiative positions POSCO Group at the forefront of manufacturing AI innovation. It is not only reducing reliance on foreign GPU infrastructure but also building a more efficient and secure foundation for the next generation of smart factories. 

Shares of PKX are up 38.2% over the past year compared with the industry’s 12.5% growth. 

Image Source: Zacks Investment Research

PKX Zacks Rank & Key PicksPKX currently carries a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the Conglomerates space are Marubeni Corporation (MARUY - Free Report) , Mitsui & Co., Ltd. (MITSY - Free Report)  and Sumitomo Corporation (SSUMY - Free Report) . MARUY, MITSY and SSUMY carry a Zacks Rank of #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for MARUY’s current fiscal-year earnings is pegged at $21.68 per share, indicating a 9.1% year-over-year increase. Shares of MARUY have jumped 142.5% over the past year.

The Zacks Consensus Estimate for MITSY’s current fiscal-year earnings is pegged at $37 per share, indicating a 8.1% year-over-year decrease. Shares of MITSY have gained 113.4% over the past year.

The Zacks Consensus Estimate for SSUMY’s current fiscal-year earnings is pegged at $3.05 per share, indicating a 0.3% year-over-year increase. Shares of SSUMY have gained 69.8% over the past year.

Key Takeaways POSCO and JSW Steel will form a joint venture to build a 6M-ton integrated steel plant in Odisha. JSW Steel gains access to POSCO tech to boost quality and expand into higher-value steel segments. PKX deepens India presence, eyeing demand from urbanization and infrastructure growth. POSCO Holdings Inc. (PKX - Free Report) has announced a significant expansion plan through a joint venture with JSW Steel Limited to develop a large integrated steel manufacturing facility in India, highlighting a long-term strategy to strengthen its global competitiveness. 

The two companies will form an equal partnership to establish a steel plant in Odisha with an initial capacity of about 6 million tons per annum of crude steel. The project represents a multi-billion-dollar investment and is designed as a fully integrated operation, covering processes from raw material handling and ironmaking to the production of finished steel products. The facility is expected to focus on high-grade steel for sectors such as automotive, infrastructure and advanced engineering. 

This move allows POSCO to deepen its presence in India, a market experiencing strong growth in steel demand due to rapid urbanization, infrastructure expansion and industrial development. JSW Steel stands to benefit from POSCO’s advanced steelmaking technologies and operational expertise, which can help enhance product quality and expand into higher-value segments. 

The selection of Odisha as the project site offers strategic advantages, including access to rich iron ore reserves, established logistics networks and a favorable policy environment for industrial investments. The initiative also signals POSCO’s renewed commitment to investing in India after earlier attempts in the region did not materialize. 

The plant is expected to be developed over the long term, with production likely to begin in the next decade, as the project aims for completion by 2031. The joint venture reflects a calculated effort by POSCO to diversify its manufacturing base and secure future growth, while leveraging JSW Steel’s strong domestic presence to capture opportunities in one of the world’s fastest-growing steel markets. 

Shares of PKX are up 53.8% over the past year compared with the industry’s 2.6% growth. 

Image Source: Zacks Investment Research

PKX Zacks Rank & Key PicksPKX currently carries a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the Conglomerates space are ITT Inc. (ITT - Free Report) , Mitsui & Co., Ltd. (MITSY - Free Report)  and Sumitomo Corporation (SSUMY - Free Report) . ITT, MITSY and SSUMY carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for ITT’s current-year earnings is pegged at $7.9 per share, indicatingn a 17.6% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 2.97%. 

The Zacks Consensus Estimate for MITSY’s current-year earnings is pegged at $37 per share, indicating an 8.1% year-over-year decrease. Shares of MITSY have gained 74.9% over the past year.

The Zacks Consensus Estimate for SSUMY’s current fiscal-year earnings is pegged at $3.05 per share, indicating a 0.3% year-over-year increase. Shares of SSUMY have gained 44.8% over the past year.

I maintain my "Buy" rating for POSCO after analyzing its above-expectations results and positive financial outlook. PKX's 1Q2026 EBIT rose 24.3% YoY and beat the consensus by 20.3%, thanks to the outperformance of its battery materials and infrastructure units. I am predicting another substantial growth in its operating income for full-year FY2026; the key lies with the steel business' likely financial improvement driven by price hikes and asset rationalization.

On May 11, 2026, POSCO Holdings Inc PKX shares fell 3.4% to a current price of $88.61. The stock has demonstrated significant volatility, trading within a 52-week range of $42.35 to $92.40.

GF Value™ verdict: Currently priced at $88.61, which is 54.1% overvalued against a GF Value™ of $57.50.GF Score™: 72/100, indicating above-average performance across multiple metrics.Most notable signal: PKX boasts a momentum rank of 10/10, suggesting strong recent price performance. Is PKX Overvalued or Undervalued? With a current price of $88.61 and a GF Value™ estimate of $57.50, POSCO Holdings Inc appears significantly overvalued, with a margin of safety of 54.1%. This overvaluation is corroborated by the GF Valuation label, which categorizes the stock as significantly overvalued. Such a high premium to its intrinsic value raises concerns regarding the sustainability of the current price level, especially in light of potential market corrections and economic fluctuations.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The significant gap between the current market price and the GF Value™ suggests that investors may face heightened risk if they purchase shares at these levels, as the market may need to adjust downward to align with the intrinsic value over time.

How Does PKX's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 54.1x 20.0x Forward P/E 18.4x N/A The current P/E (TTM) of 54.1x is significantly above its 5-year median of 20.0x, illustrating that the stock is trading at a premium compared to its historical valuation. This analysis aligns with the GF Value™ verdict, indicating that PKX is overvalued based on both current P/E ratios and intrinsic value estimations.

What Does PKX's GF Score™ Tell Us? Metric Rating GF Score™ 72/100 Financial Strength 6/10 Profitability 6/10 Growth 4/10 Valuation 3/10 Momentum 10/10 The GF Score™ of 72/100 reflects a mixed performance across key metrics. The strongest areas are in Financial Strength and Profitability, both rated at 6/10, indicating a solid foundation in these aspects. However, the Valuation rank of 3/10 suggests that the stock is currently overpriced relative to its intrinsic value, which is a critical concern for potential investors. The high Momentum rank of 10/10 indicates strong recent performance, yet this may not be sustainable in the face of overvaluation.

What Are Insiders Doing with PKX Stock? There have been no insider transactions in the last three months for POSCO Holdings Inc, suggesting a lack of conviction among insiders regarding the stock's future performance. The absence of insider buying might indicate that those closest to the company do not see immediate value at the current price levels.

What This Means for Investors Based on the GF Value™ assessment, POSCO Holdings Inc is currently overvalued at a price of $88.61 compared to its intrinsic value of $57.50. Investors may want to consider the risks associated with purchasing shares at this premium, as the stock's current valuation does not offer a sufficient margin of safety.

For the complete analysis, visit the POSCO Holdings Inc PKX stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is PKX's GF Score™?

PKX's GF Score™ is 72/100, indicating above-average performance across multiple key metrics, suggesting it may generate higher long-term returns.

Is PKX overvalued or undervalued?

PKX is currently overvalued, trading at $88.61 compared to a GF Value™ of $57.50, which indicates a significant premium.

What is PKX's P/E ratio?

PKX's P/E (TTM) ratio is 54.1x, which is significantly above its historical median of 20.0x, confirming its overvaluation relative to past performance.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Key Takeaways POSCO signed a $765M deal for a stake in the Australian mining company, Mineral Resources. PKX secured long-term lithium concentrate access through a JV with Mineral Resources. POSCO said the deal supports battery material self-sufficiency and global competitiveness. POSCO Holdings Inc. (PKX - Free Report) recently announced that it has secured a stake in a top-tier Australian lithium mine to strengthen its rechargeable battery lithium supply chain. The company signed a lithium mine investment agreement worth about $765 million (KRW 1.1 trillion) with Australian mining company Mineral Resources in Perth, Australia. 

Under the deal, POSCO Holdings will form a new intermediate holding company with Mineral Resources and acquire a 30% stake in the venture. The agreement provides POSCO Holdings long-term access to lithium concentrate from the Wodgina and Mt. Marion mines in Western Australia, both regarded as globally competitive hard-rock lithium assets. 

Wodgina is among the world’s top five lithium mines, with around 6.2 million tons of lithium carbonate equivalent reserves and high concentrate grades, while Mt. Marion has roughly 2.2 million tons of reserves and established production operations. Through the contract, POSCO Holdings secured rights to 30% of the lithium concentrate produced by the joint venture, LithiumCo. 

Per PKX, the partnership combines Mineral Resources’ mining expertise with POSCO Holdings’ downstream processing capabilities. It will help strengthen and stabilize the global battery materials supply chain while deepening the companies’ long-term collaboration in the lithium market. 

POSCO added that the Australian lithium investment, along with its recent lithium salt lake acquisitions in Argentina, supports its strategy of securing high-quality global resources. It will expand raw-material self-sufficiency and strengthen competitiveness in the global rechargeable-battery materials market. 

Shares of PKX have gained 70.7% in the past year against the industry’s 7.5% decline. 

Image Source: Zacks Investment Research

PKX Zacks Rank & Key PicksPKX currently carries a Zacks Rank #5 (Strong Sell).

Some better-ranked stocks in the Conglomerates space are ITT Inc. (ITT - Free Report) , Mitsui & Co., Ltd. (MITSY - Free Report)  and Sumitomo Corporation (SSUMY - Free Report) . ITT, MITSY and SSUMY carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Zacks Consensus Estimate for ITT’s current-year earnings is pegged at $7.91 per share, indicating a 17.7% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 5.8%.

The Zacks Consensus Estimate for MITSY’s current-year earnings is pegged at $47.08 per share, indicating a 21.84% year-over-year decrease. Shares of MITSY have gained 82.5% over the past year.

The Zacks Consensus Estimate for SSUMY’s current fiscal-year earningsbis pegged at $3.45 per share, indicatingba 4.23% year-over-year increase. Shares of SSUMY have gained 76.7% over the past year.

Key Takeaways POSCO secured silicon anode mass-production tech for next-generation battery applications. PKX says its silicon anode stores 4x more energy than graphite-based anodes. POSCO plans commercial silicon anode production in 2028 after customer verification. POSCO Holdings, Inc. (PKX - Free Report) via its subsidiary, POSCO Future M, has secured mass-production technology for silicon anode materials, strengthening its position in the next-generation battery market. Silicon anodes provide significantly higher energy density and faster charging speeds than conventional graphite-based materials. It supports growing demand from electric vehicles (EVs), robotics and other high-performance applications. 

The company’s silicon anode material can store more than four times the energy of graphite-based anodes. In testing with silicon blending ratios above 20%, the material maintained more than 80% of its initial capacity after 1,000 charge-discharge cycles, outperforming conventional batteries that generally use only single-digit silicon blending ratios. 

To address the key commercialization challenge of silicon expansion during charging cycles, POSCO applied proprietary silicon nano-sizing and carbon composite technologies to minimize volume changes while maintaining long-term durability and performance. 

The company has completed product testing and quality verification with major domestic and international customers and plans to begin commercial mass production and supply in 2028, subject to market demand and conditions. 

POSCO expects strong future demand from premium EVs requiring longer driving ranges and faster charging times, as well as emerging applications such as humanoid robots and urban air mobility. The company is also collaborating with Factorial on advanced cathode and silicon-anode materials for next-generation solid-state batteries. 

Shares of PKX have gained 74.4% in the past year against the industry’s 2.5% decline. 

Image Source: Zacks Investment Research

PKX Zacks Rank & Key PicksPKX currently carries a Zacks Rank #4 (Sell).

Some better-ranked stocks in the Conglomerates space are ITT Inc. (ITT - Free Report) , Mitsui & Co., Ltd. (MITSY - Free Report)  and Griffon Corporation (GFF - Free Report) . ITT, MITSY and GFF carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

The Zacks Consensus Estimate for ITT’s current-year earnings is pegged at $7.91 per share, indicating a 17.7% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average earnings surprise of 5.8%. 

The Zacks Consensus Estimate for MITSY’s current-year earnings is pegged at $47.08 per share, indicating a 21.84% year-over-year decrease. Shares of MITSY have gained 82.5% over the past year.

The Zacks Consensus Estimate for GFF’s current fiscal-year earnings is pegged at $5.17 per share. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average earnings surprise of 3.3%. 

Key Takeaways PKX unit POSCO International signed a Joint venture deal with ReElement for U.S. rare earth processing. POSCO plans a 6,000-ton rare earth plant, with pilot production targeted for late 2027. ReElement will provide separation tech for materials used in EVs, robotics and AI centers. POSCO Holdings, Inc.’s (PKX - Free Report) subsidiary, POSCO International, has signed an agreement with ReElement Technologies Corporation to establish a joint venture for rare earth separation and purification production in the United States. 

The companies plan to jointly invest $200 million to build a U.S.-based rare earth processing plant with an annual production capacity of 6,000 tons and later develop an integrated permanent magnet manufacturing complex. POSCO will lead the joint venture as the majority shareholder, while ReElement will contribute its proprietary separation and purification technologies. 

The project will initially establish a production system with an annual capacity of 3,000 tons before expanding to 6,000 tons in the second phase. Pilot production is targeted for the fourth quarter of 2027, with full-scale commercial production expected in 2028. 

The facility will produce key rare earth materials used in electric vehicles (EVs), robotics and AI data centers, including neodymium (Nd), praseodymium (Pr), dysprosium (Dy) and terbium (Tb) oxides. The companies also plan to expand into permanent magnet manufacturing using these materials. 

The investment is expected to strengthen U.S. critical minerals supply chains and support POSCO Group’s broader strategy to build an integrated value chain spanning raw material sourcing, rare earth processing, permanent magnet production and EV traction motor core manufacturing. 

Per ReElement, the partnership will combine its advanced separation and purification technology with POSCO International’s global network and industrial expertise to create an integrated production system aimed at addressing critical supply chain gaps. 

Shares of PKX have gained 56.5% in the past year against the industry’s 1.8% decline. 

Image Source: Zacks Investment Research

PKX Zacks Rank & Key PicksPKX currently carries a Zacks Rank #4 (Sell).

Some better-ranked stocks in the Conglomerates space are ITT Inc. (ITT - Free Report) , Mitsui & Co., Ltd. (MITSY - Free Report)  and Griffon Corporation (GFF - Free Report) . ITT, MITSY and GFF carry a Zacks Rank #2 (Buy) each at present. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

The Zacks Consensus Estimate for ITT’s current-year earnings is pegged at $7.91 per share, indicating a 17.7% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in all of the trailing four quarters, with the average earnings surprise of 5.8%.

The Zacks Consensus Estimate for MITSY’s current-year earnings is pegged at $47.08 per share, indicating a 21.84% year-over-year decrease. Shares of MITSY have gained 63.4% over the past year.

The Zacks Consensus Estimate for GFF’s current fiscal-year earnings is pegged at $5.17 per share. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average earnings surprise of 3.3%.

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A single share of The Korea Fund (NYSE:KF) was worth $74.49 on the close of June 4, 2026, and $65.53 the next afternoon, which works out to a 12% loss in one trading day. If you owned $50,000 of the fund on Thursday, you owned about $44,000 on Friday, and you watched it happen while the underlying market in Seoul was already closed and you could not do anything about it. The KOSPI fell 5.54% overnight, triggering a circuit breaker on KOSPI 200 futures, and by the time New York opened, KF was carrying both the index loss and an extra layer of pain that has everything to do with the closed-end fund wrapper.

The strange part of the screenshot, if you are looking at one, is the year-to-date number sitting underneath the carnage. KF is still up 80% year to date and 170% over the past twelve months. The fund had a tremendous run on the back of Korean AI memory exposure, and Friday was the day the market took some of it back.

The two-step that broke Korea on Friday You have to start with Broadcom, because Korea did not move first. Broadcom (NASDAQ:AVGO | AVGO Price Prediction) reported on June 3, 2026, and on paper the results looked fine. Q2 revenue came in at $22.19 billion, up 47.9% year over year, with AI semiconductor revenue of $10.80 billion up 143%. CEO Hock Tan guided Q3 AI semi revenue to $16.0 billion, projected growth above 200% year over year. The number itself was enormous. What worried investors was the company’s commentary that Google may diversify its chip suppliers, which the market read as the first crack in the customer-concentration story that has been holding up the entire AI capex trade.

Broadcom shares fell 20% over June 3 to June 5, with an 8% drop on Friday alone. NVIDIA (NASDAQ:NVDA) caught the contagion and slid 6.20% on June 5. Then came step two. Friday morning U.S. payrolls printed 172,000 against an 80,000 estimate, which revived rate-hike chatter and pulled the rug from emerging market currencies that had been holding on by a thread. The Korean won was already trading at 1,503.96 to the dollar as of May 29, near the top of its twelve-month range, with the high of 1,523.5 hit on March 31, 2026. Korea is the highest-beta global memory-and-AI proxy on the planet, and on Friday it got hit with both barrels. Samsung fell 6.4%, SK Hynix fell 9.9%, and foreign investors pulled roughly $1.21 billion in a single session.

Why KF fell twice as hard as the index it tracks Here is the part the headline number hides. KF is a closed-end fund, not an ETF, and the share count is fixed. The market price floats independently of the underlying NAV, and the gap between the two is the discount, which behaves like a sentiment gauge with leverage. During calm tape, the discount is narrow and KF trades close to the value of its Samsung-and-SK-Hynix-heavy book. During panic, the discount widens. You are selling a wrapper that nobody wants to hold when the underlying is dropping in a different time zone, on top of selling the Korean equities themselves.

That is the mechanism behind the 12% print on a 5.54% index move. The KOSPI did roughly half the work. The widening discount did the rest. You can see the same dynamic in a less acute form across other Korean ADRs, even ones with no semiconductor exposure at all. POSCO Holdings (NYSE:PKX), the Korean steel and battery-materials conglomerate, dropped 8% on Friday and is down 30% over the past month, with a market cap of $18.63 billion. POSCO has nothing to do with HBM memory. It got sold anyway, because foreign capital exiting Korea does not stop to read the SIC codes.

The question nobody on Reddit wants to ask out loud The viral wallstreetbets thread Friday was titled "wealthsimple exercised AVGO puts after hours. i’m down 1.2 million. is it over", and it climbed to 5,229 upvotes and 743 comments by Friday evening. AVGO sentiment on the site cratered from a score of 62 Thursday evening to 13 by Friday midnight. The Korea Fund did not generate its own thread because retail does not really own KF, but the question underneath all the Broadcom posts is the same question KF holders should be asking. Was Friday a one-day risk-off whoosh, or did the AI memory story just change shape?

What actually matters from here Three things, in order. First, the Samsung HBM3e qualification with NVIDIA. It still has not closed, which means SK Hynix retains its near-monopoly customer position. If Samsung clears the gate, Korea gets a second AI memory leg and KF’s underlying re-rates higher even if Broadcom keeps bleeding. If Samsung stalls again, the bull case narrows to one stock and the fund’s concentration risk becomes a feature you cannot diversify away.

Second, the Bank of Korea’s next policy meeting and the won. At 1,503.96 to the dollar and sitting in the 94th percentile of its twelve-month range, the currency is doing the talking. Any FX commentary out of the BoK that hints at intervention or a hawkish hold would matter more for KF than the next KOSPI tick.

Third, Q2 earnings from the Korean export complex. Hyundai Motor, POSCO, and LG Energy Solution are the names to track, because they tell you whether the won weakness is feeding through to operating leverage or whether input costs and tariff drag are eating it. POSCO’s Q1 2026 analyst estimate of $1.04 in EPS is the floor case the market is pricing.

The honest read is that KF’s 12% Friday was a closed-end fund mechanic doing what closed-end funds do during overseas panic, on top of a real 5.5% shock to the underlying. The year-to-date 80% is still intact. Whether it stays intact depends almost entirely on whether one Korean memory company finishes qualifying a chip with one American GPU company. That is a thin reed for a fund this concentrated, and it is also exactly the bet you signed up for the day you bought it.

On June 11, 2026, POSCO Holdings Inc PKX shares rose 4.1% to $61.15. The stock's performance has been quite volatile, trading between a 52-week low of $44.99 and a high of $92.40. Over the past month, the stock has decreased by 31.0%, yet it has shown a year-to-date increase of 15.6% and a 27.9% increase over the past year.

GF Value™ verdict: Current price of $61.15 is 11.2% above the GF Value™ of $55.00.GF Score™: 75/100, indicating above-average potential for long-term returns.Most notable signal: Momentum rank of 9/10, suggesting strong recent performance. Is PKX Overvalued or Undervalued? Currently, POSCO Holdings Inc PKX is assessed as modestly overvalued based on the GF Value™ of $55.00, which indicates that the stock is trading at a premium of 11.2% over its intrinsic value. This overvaluation suggests a lack of margin of safety for potential investors, as the current price of $61.15 does not provide a sufficient buffer against future market fluctuations or downturns. The GF Valuation label categorizes the stock as "Modestly Overvalued," which carries certain risks, particularly in a volatile market environment.

GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current price position above the fair value estimate, there remains a risk that the stock may not maintain its current price levels if market conditions shift unfavorably.

How Does PKX's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 30.8x 20.5x Forward P/E 12.7x N/A The current P/E ratio of 30.8x is considerably above the 5-year median P/E of 20.5x, indicating that the stock is trading at a significantly higher valuation compared to its historical averages. Furthermore, the forward P/E of 12.7x suggests that future earnings may be valued more conservatively. This analysis aligns with the GF Value™ verdict of being overvalued, as the elevated P/E ratio reinforces the notion that the stock price may not be justified by its earnings potential.

What Does PKX's GF Score™ Tell Us? Metric Rating GF Score™ 75 Financial Strength 6/10 Profitability 6/10 Growth 4/10 Valuation 7/10 Momentum 9/10 The GF Score™ of 75/100 indicates that POSCO Holdings Inc has above-average potential for long-term returns, driven by strong momentum rank of 9/10, suggesting robust recent performance. However, the growth rank of 4/10 indicates that the company may face challenges in expanding its earnings. Financial strength and profitability ratings of 6/10 reflect a stable financial position, but they also suggest room for improvement. Overall, while the stock shows strong momentum, the growth challenges and modest financial strength could temper expectations going forward.

What Are Insiders Doing with PKX Stock? In the last three months, there have been no insider transactions reported for POSCO Holdings Inc PKX . This lack of activity may suggest that insiders are either confident in the company's current valuation or are taking a wait-and-see approach amidst market fluctuations. Absence of insider buying or selling can often indicate that insiders do not foresee immediate significant changes in the company's outlook.

What This Means for Investors Based on the current assessment, POSCO Holdings Inc PKX is considered overvalued at its current price of $61.15, which is 11.2% above the GF Value™ of $55.00. This overvaluation, coupled with a high P/E ratio relative to its historical averages, suggests that the stock may face downward pressure if market sentiment shifts. Investors may want to exercise caution and closely monitor the stock's performance against its intrinsic value.

For the complete analysis, visit the POSCO Holdings Inc PKX stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is PKX's GF Score™?

PKX's GF Score™ is 75/100, indicating above-average potential for long-term returns based on various fundamental metrics.

Is PKX overvalued or undervalued?

PKX is currently overvalued, with a GF Value™ of $55.00 compared to its current price of $61.15.

What is PKX's P/E ratio?

PKX's P/E (TTM) is 30.8x, which is significantly above its 5-year median P/E of 20.5x, indicating that the stock is trading at a higher valuation than its historical averages.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].