Gabelli Funds LLC grew its holdings in Parker-Hannifin Corporation (NYSE:PH – Free Report) by 24.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 11,802 shares of the industrial products company’s stock after buying an additional 2,302 shares during the quarter. Gabelli Funds LLC’s holdings in Parker-Hannifin were worth $10,566,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in PH. Fideuram Asset Management Ireland dac purchased a new position in shares of Parker-Hannifin during the fourth quarter valued at approximately $1,253,000. Truist Financial Corp boosted its position in shares of Parker-Hannifin by 2.7% in the 4th quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock worth $153,687,000 after purchasing an additional 4,673 shares in the last quarter. Y.D. More Investments Ltd purchased a new stake in shares of Parker-Hannifin in the 4th quarter worth approximately $3,800,000. BCS Wealth Management grew its stake in shares of Parker-Hannifin by 83.3% in the 4th quarter. BCS Wealth Management now owns 3,120 shares of the industrial products company’s stock worth $2,742,000 after buying an additional 1,418 shares during the last quarter. Finally, Shepherd Street Advisors LLC bought a new position in Parker-Hannifin during the 4th quarter valued at approximately $1,736,000. 82.44% of the stock is currently owned by institutional investors.
Parker-Hannifin Price Performance Shares of NYSE:PH opened at $986.17 on Monday. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $124.35 billion, a PE ratio of 36.38, a price-to-earnings-growth ratio of 2.64 and a beta of 1.11. The firm’s 50 day moving average price is $922.26 and its 200-day moving average price is $936.20. Parker-Hannifin Corporation has a twelve month low of $692.02 and a twelve month high of $1,034.96.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.84 by $0.33. The firm had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.40 billion. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.94 EPS. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. Equities research analysts expect that Parker-Hannifin Corporation will post 31.26 EPS for the current year.
Wall Street Analysts Forecast Growth Several equities analysts have recently issued reports on the company. Stifel Nicolaus lifted their price target on Parker-Hannifin from $965.00 to $1,000.00 and gave the stock a “hold” rating in a research report on Friday, April 10th. Wall Street Zen downgraded shares of Parker-Hannifin from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. JPMorgan Chase & Co. reduced their price objective on shares of Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Mizuho set a $1,050.00 target price on shares of Parker-Hannifin in a report on Friday, May 1st. Finally, Truist Financial upped their target price on shares of Parker-Hannifin from $1,147.00 to $1,269.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,027.38.
Check Out Our Latest Stock Report on PH
Parker-Hannifin Profile (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
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Gabelli Funds LLC trimmed its position in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 21.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,456 shares of the enterprise software provider’s stock after selling 26,452 shares during the period. Gabelli Funds LLC’s holdings in Oracle were worth $14,190,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new position in Oracle in the 4th quarter worth about $4,336,031,000. Capital Research Global Investors boosted its stake in shares of Oracle by 29.3% during the fourth quarter. Capital Research Global Investors now owns 30,137,126 shares of the enterprise software provider’s stock valued at $5,874,070,000 after purchasing an additional 6,826,299 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Oracle by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 174,802,084 shares of the enterprise software provider’s stock worth $34,070,674,000 after purchasing an additional 5,841,584 shares during the last quarter. Cardano Risk Management B.V. grew its holdings in shares of Oracle by 882.3% during the fourth quarter. Cardano Risk Management B.V. now owns 4,991,010 shares of the enterprise software provider’s stock worth $972,798,000 after purchasing an additional 4,482,934 shares during the last quarter. Finally, FIL Ltd increased its stake in shares of Oracle by 1,605.7% in the fourth quarter. FIL Ltd now owns 3,976,441 shares of the enterprise software provider’s stock valued at $775,048,000 after buying an additional 3,743,314 shares during the period. 42.44% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Several brokerages have issued reports on ORCL. Mizuho set a $320.00 price target on shares of Oracle in a research note on Wednesday, June 3rd. Oppenheimer lifted their price target on shares of Oracle from $235.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. BTIG Research reissued a “buy” rating and issued a $400.00 price objective on shares of Oracle in a research note on Friday, June 5th. Arete Research set a $255.00 price objective on Oracle and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Evercore reaffirmed an “outperform” rating and set a $245.00 target price on shares of Oracle in a research report on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $265.03.
Get Our Latest Stock Report on ORCL
Insider Activity In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the business’s stock in a transaction 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 owned 400,000 shares of the company’s stock, valued at approximately $63,664,000. The trade was a 50.00% decrease in their ownership of the stock. 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. 40.90% of the stock is currently owned by corporate insiders.
Oracle Stock Down 0.1% Oracle stock opened at $114.90 on Monday. The company has a market capitalization of $330.97 billion, a PE ratio of 19.71, a PEG ratio of 0.72 and a beta of 1.72. Oracle Corporation has a 12-month low of $114.75 and a 12-month high of $345.72. The firm’s fifty day moving average is $170.31 and its 200 day moving average is $166.70. 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 (NYSE:ORCL – Get Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.15. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The business had revenue of $19.18 billion for the quarter, compared to analyst estimates of $19.10 billion. During the same quarter in the prior year, the company earned $1.70 earnings per share. The company’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. As a group, sell-side analysts predict that Oracle Corporation will post 6.47 EPS for the current fiscal year.
Oracle Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $2.00 annualized dividend and a dividend yield of 1.7%. Oracle’s dividend payout ratio is currently 34.31%.
Key Headlines Impacting Oracle Here are the key news stories impacting Oracle this week:
Positive Sentiment: Oracle won a nearly $7 billion, 10-year U.S. Department of Defense software contract, a meaningful revenue win that could strengthen its government business and support sentiment around its cloud and enterprise software platform. Oracle signs 10-year software contract with Pentagon worth up to $7 billion Positive Sentiment: Retail traders and some analysts see the Pentagon award as a potential catalyst for more federal AI and enterprise-software deals, which could improve Oracle’s growth outlook near term. What’s Going On With Oracle Stock on Friday? Neutral Sentiment: Commentary around Oracle’s AI infrastructure strategy remains mixed: supporters point to a large AI order backlog, while skeptics question whether the company can turn that demand into profits quickly enough. Oracle Stock (ORCL) Opinions on AI Infrastructure Investments and Stock Decline Negative Sentiment: Bearish articles continue to highlight Oracle’s large capex burden, rising debt load, and concerns that free cash flow may stay pressured as it builds out AI data centers. Here’s why Oracle stock may still hit $100 despite the Pentagon contract Negative Sentiment: Oracle is also facing broader investor concern over slowing web traffic and weak sentiment around its AI spending, with some commentary framing the company as overextended. Ca$htag$: ORCL Becoming AI “House of Cards” as CapEx Concerns Swell 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.
See Also Five stocks we like better than Oracle RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit 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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Entropy Technologies LP purchased a new stake in Sony Corporation (NYSE:SONY – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 92,987 shares of the company’s stock, valued at approximately $1,925,000.
Several other large investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its position in Sony by 4.1% during the fourth quarter. Fisher Asset Management LLC now owns 108,981,588 shares of the company’s stock worth $2,789,929,000 after purchasing an additional 4,337,062 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Sony during the first quarter worth $39,998,000. Clark Capital Management Group Inc. acquired a new position in Sony in the 4th quarter worth about $47,989,000. UBS Group AG raised its holdings in Sony by 165.4% in the 4th quarter. UBS Group AG now owns 2,742,402 shares of the company’s stock valued at $70,205,000 after buying an additional 1,709,003 shares during the last quarter. Finally, WCM Investment Management LLC lifted its holdings in shares of Sony by 337.6% during the first quarter. WCM Investment Management LLC now owns 1,949,592 shares of the company’s stock worth $38,836,000 after purchasing an additional 1,504,035 shares during the period. Institutional investors own 14.05% of the company’s stock.
Insider Buying and Selling at Sony In other Sony news, insider Tsuyoshi Kodera sold 51,000 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $20.54, for a total value of $1,047,540.00. Following the sale, the insider directly owned 27,553 shares in the company, valued at $565,938.62. This represents a 64.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Hiroki Totoki sold 225,000 shares of the firm’s stock in a transaction on Friday, July 3rd. The shares were sold at an average price of $21.02, for a total transaction of $4,729,500.00. Following the completion of the transaction, the chief executive officer directly owned 173,250 shares of the company’s stock, valued at approximately $3,641,715. The trade was a 56.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 771,838 shares of company stock worth $16,866,580 in the last ninety days. Insiders own 7.00% of the company’s stock.
Sony Stock Performance Shares of SONY stock opened at $21.01 on Monday. The firm’s 50 day moving average is $21.14 and its 200 day moving average is $21.62. The stock has a market capitalization of $124.15 billion, a P/E ratio of -105.06, a PEG ratio of 1.67 and a beta of 0.94. Sony Corporation has a 12 month low of $19.32 and a 12 month high of $30.34. The company has a current ratio of 1.18, a quick ratio of 0.94 and a debt-to-equity ratio of 0.10.
Sony (NYSE:SONY – Get Free Report) last released its quarterly earnings data on Friday, May 8th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.13). Sony had a negative net margin of 2.61% and a positive return on equity of 12.20%. The business had revenue of $19.15 billion during the quarter, compared to analysts’ expectations of $18.43 billion. During the same quarter in the prior year, the firm posted $32.86 earnings per share. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. On average, sell-side analysts anticipate that Sony Corporation will post 1.28 earnings per share for the current year.
Wall Street Analysts Forecast Growth Several equities analysts recently issued reports on SONY shares. Weiss Ratings restated a “sell (d+)” rating on shares of Sony in a report on Wednesday, May 20th. Benchmark restated a “buy” rating on shares of Sony in a report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $22.00.
Read Our Latest Stock Report on SONY
Trending Headlines about Sony Here are the key news stories impacting Sony this week:
Positive Sentiment: Sony Pictures reportedly secured or expanded distribution ties for new films including Ramayana and Los Hilos del Miedo, which could support future content revenue and reinforce Sony’s role in global film distribution. Ramayana Movie Lands at Sony Positive Sentiment: Sony is said to be reopening Hollywood’s Cinerama Dome and ArcLight Cinemas, a move that could boost theater operations and signal confidence in a rebound in moviegoing demand. Sony to reopen Hollywood’s Cinerama Dome and ArcLight Cinemas Positive Sentiment: Sony launched or highlighted a new FX5 cinema camera with 5K open-gate recording, internal RAW support, and AI features, reinforcing its premium imaging franchise and product pipeline. Sony’s new cinema camera offers 5K recording, built-in AI processing Positive Sentiment: Sony’s new high-end “The Collexion” headphones are getting favorable attention, and cheaper XM5 pricing may help stimulate demand in consumer audio. Sony’s ‘The Collexion’ Headphones Set New Standard for Audio Engineering and Sound Design Neutral Sentiment: Several reports about Sony’s cinema camera FX5 emphasized technical upgrades, but they are more of a product refresh than a clear near-term earnings catalyst. Sony FX5 Launches With a New Sensor Open Gate Recording and Internal RAW Support Negative Sentiment: One report warned that Sony’s push to end physical discs could hurt the $7.2 billion used-games market, raising concerns about pushback from gamers and the broader gaming ecosystem. Sony’s decision to end physical discs could destroy the $7.2 Billion second-hand games market, per analysis Sony Profile (Free Report)
Sony Group Corporation (NYSE: SONY) is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Founded in 1946 by Masaru Ibuka and Akio Morita, Sony has grown from an electronics maker into a diversified global company with operations spanning consumer electronics, entertainment, gaming, semiconductors and financial services. The company’s shares trade in Japan and its American Depositary Receipts trade on the New York Stock Exchange under the ticker SONY.
Sony’s primary businesses include Electronics Products & Solutions, which covers televisions, audio equipment, digital cameras and professional broadcast systems; Game & Network Services, anchored by the PlayStation platform, consoles, software and online services; Music and Pictures, through Sony Music Entertainment and Sony Pictures Entertainment, producing, distributing and licensing recorded music, film and television content; Imaging & Sensing Solutions, which develops CMOS image sensors and other semiconductor components; and Financial Services, offering life insurance, banking and other financial products in Japan.
Recommended Stories Five stocks we like better than Sony RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding SONY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sony Corporation (NYSE:SONY – Free Report).
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Entropy Technologies LP increased its holdings in shares of Federal Realty Investment Trust (NYSE:FRT – Free Report) by 449.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,129 shares of the real estate investment trust’s stock after buying an additional 18,916 shares during the quarter. Entropy Technologies LP’s holdings in Federal Realty Investment Trust were worth $2,457,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Federal Realty Investment Trust by 661.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 44,932 shares of the real estate investment trust’s stock worth $4,772,000 after acquiring an additional 39,029 shares during the last quarter. Renaissance Technologies LLC bought a new stake in shares of Federal Realty Investment Trust during the 1st quarter valued at approximately $1,519,000. Hilltop Holdings Inc. bought a new stake in shares of Federal Realty Investment Trust during the 1st quarter valued at approximately $260,000. Compound Planning Inc. acquired a new position in Federal Realty Investment Trust during the 1st quarter worth approximately $229,000. Finally, Mizuho Markets Americas LLC increased its position in Federal Realty Investment Trust by 21.4% during the 1st quarter. Mizuho Markets Americas LLC now owns 131,598 shares of the real estate investment trust’s stock worth $13,977,000 after purchasing an additional 23,216 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.
Federal Realty Investment Trust Stock Down 0.0% Shares of NYSE FRT opened at $126.07 on Monday. The company has a 50 day simple moving average of $121.97 and a 200 day simple moving average of $112.19. The firm has a market cap of $10.89 billion, a PE ratio of 21.89, a price-to-earnings-growth ratio of 3.00 and a beta of 0.93. Federal Realty Investment Trust has a 1 year low of $89.99 and a 1 year high of $126.86. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.64 and a quick ratio of 1.64.
Federal Realty Investment Trust Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were paid a dividend of $1.13 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $4.52 annualized dividend and a dividend yield of 3.6%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 78.47%.
Analysts Set New Price Targets A number of brokerages have weighed in on FRT. JPMorgan Chase & Co. raised their target price on shares of Federal Realty Investment Trust from $115.00 to $124.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Raymond James Financial reiterated an “outperform” rating and set a $135.00 price target on shares of Federal Realty Investment Trust in a report on Monday, June 29th. Wolfe Research began coverage on Federal Realty Investment Trust in a research note on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 price target for the company. Weiss Ratings raised Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 1st. Finally, Scotiabank boosted their price objective on Federal Realty Investment Trust from $118.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Three research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $127.62.
Get Our Latest Analysis on Federal Realty Investment Trust
About Federal Realty Investment Trust (Free Report)
Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.
Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.
See Also Five stocks we like better than Federal Realty Investment Trust RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding FRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Realty Investment Trust (NYSE:FRT – Free Report).
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Toronto, Ontario--(Newsfile Corp. - July 27, 2026) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) the ("Company" or "GT") is pleased to announce it has received a Class III Exploration Permit, which is valid for 10-years, for the road accessible Canalask Copper - Nickel Project in the Yukon (the "Property" or "Canalask") (Figure 1).
In 2024, the Company undertook a drill program at Canalask which returned 1.95% nickel, 0.05% copper, 0.03% cobalt 0.19 g/t gold, and 0.44 g/t palladium over 33.5 meters near surface in Hole CSK24-05 in the Footwall Zone (see news release: November 4, 2024). This drill program was undertaken via a Class I Exploration Permit which restricted activities and access. This new Class III Exploration Permit is valid for 10 years and expands activities that can be undertaken, crucially allowing for the construction of new trails that will provide access for additional drilling. GT applied for this permit in January 2023 and would like to thank all those who have worked diligently with the Company to bring it to fruition.
The Canalask Project is located in the Whitehorse Mining District, approximately 320 km west of Whitehorse and is road accessible from the Alaska Highway near Beaver Creek, Yukon. The Property hosts the "White River Intrusive Complex" ("WRIC") which in turn forms part of the Kluane Mafic-Ultramafic Belt which includes nickel - copper deposits such as Nickel Shaw, owned by Nickel Creek Platinum and which hosts a NI 43-101 measured and indicated resource of 323 million tonnes grading 0.26% nickel and 0.15% copper (see Nickle Creek Platinum's 2023 NI 43-101 Technical Report).
Exploration Targets
The WRIC is a favourable setting for magmatic copper & nickel sulphide mineralization and is considered a "feeder system" with a high volume of magma flow. Due to the abundance of magmatic Ni-Cu-PGE showings at the base of the WRIC and the discovery of the nickel-rich Canalask footwall deposit, the project hosts strong potential for both "magmatic feeder-type" basal deposits and "epigenetic footwall-type" footwall deposits. The geological setting draws comparison to the world-class Norilsk Ni-Cu-PGE camp.
The Project also possesses copper-gold skarn-style mineralization with drill intersection of up to 2.4% Cu and 3.1 g/t Au over 1.0 meter in hole CSK24-05 (see news release December 10, 2024).
1. see Historical Resource Estimate disclaimer below
Figure 1. Location map of Canalask project, 2024 drill program (yellow dots), background is total field magnetics.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6502/306588_c31f452ce4577a20_001full.jpg
Readers are cautioned that the Company has not attempted to verify historic mineral resource estimates and therefore readers should not place any reliance on any historical estimate. A qualified person has not done sufficient work to classify a historical estimate as a current mineral resource, additionally, a qualified person has not yet determined what work needs to be done to upgrade or verify the historical estimate as a current mineral resources or mineral reserves. The Company is not treating the historical estimate as a current mineral resources.
The Historical Resource Estimate on the Main Zone (also referred to as the Footwall Zone) of the Canalask Project is quoted at 400,000 tonnes at 1.35% nickel (copper was not reported) by Discovery Mines Ltd. in 1968 (Yukon Assessment Report 094599). The parameters, methodology and categorise used are not known, and thus the reliability of the estimate cannot be determined, however, it is still considered relevant as underground development and diamond drilling in the 1950 & 1960s supported the estimate and provides a guide for future exploration.
Qualified PersonThe technical information in this release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a director of the Company and the Qualified Person as defined by National Instrument 43-101.
About GT Resources
GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) is a mineral exploration company focused on the discovery and de-risking of district-scale assets in top tier mining jurisdictions. The Company's strategy is driven by a disciplined, science-based methodology designed to create shareholder value by advancing high-potential properties toward production within robust regulatory frameworks.
In Finland, the Company is advancing its flagship Läntinen Koillismaa ("LK") Project, which hosts significant mineral resources including palladium, platinum, gold, copper, and nickel. In Canada, GT maintains a portfolio of earlier-stage, pre-resource projects targeting critical and precious metals. The quality and scale of the Company's project portfolio has attracted strategic investment from Glencore plc, one of the world's largest diversified natural resource companies.
Follow GT Resources on LinkedIn, Twitter, and at https://gtresourcesinc.com/.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
President & CEO, Director
For further information contact:
Derrick Weyrauch, President & CEO or Neil Pettigrew, Vice President Exploration
Email: [email protected]
Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release is not an offer or a solicitation of an offer of securities for sale in the United States of America. The common shares of GT Resources Inc. have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.
Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in mineral and commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and the impact of governmental entities. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306588
Source: GT Resources Inc.
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Bank of Nova Scotia boosted its holdings in Globe Life Inc. (NYSE:GL – Free Report) by 19.2% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 74,287 shares of the company’s stock after buying an additional 11,970 shares during the period. Bank of Nova Scotia owned approximately 0.10% of Globe Life worth $10,339,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CYBER HORNET ETFs LLC purchased a new position in Globe Life in the second quarter valued at about $28,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Globe Life in the fourth quarter worth about $30,000. MUFG Securities EMEA plc purchased a new stake in shares of Globe Life in the second quarter worth about $31,000. Torren Management LLC acquired a new stake in shares of Globe Life in the fourth quarter valued at about $37,000. Finally, AdvisorNet Financial Inc grew its stake in shares of Globe Life by 41.1% in the first quarter. AdvisorNet Financial Inc now owns 316 shares of the company’s stock valued at $44,000 after buying an additional 92 shares in the last quarter. 81.61% of the stock is owned by institutional investors and hedge funds.
Globe Life Price Performance Shares of NYSE GL opened at $173.64 on Monday. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $13.48 billion, a price-to-earnings ratio of 11.53 and a beta of 0.47. Globe Life Inc. has a twelve month low of $127.85 and a twelve month high of $191.55. The business has a 50 day simple moving average of $169.07 and a 200-day simple moving average of $152.99.
Globe Life (NYSE:GL – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $3.61 EPS for the quarter, missing analysts’ consensus estimates of $3.67 by ($0.06). Globe Life had a return on equity of 20.73% and a net margin of 19.58%.The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the prior year, the firm earned $3.05 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. As a group, equities research analysts expect that Globe Life Inc. will post 15.7 earnings per share for the current year.
Globe Life Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a $0.33 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.32 annualized dividend and a yield of 0.8%. Globe Life’s dividend payout ratio (DPR) is currently 8.76%.
Key Stories Impacting Globe Life Here are the key news stories impacting Globe Life this week:
Positive Sentiment: Keefe, Bruyette & Woods trimmed its price target only modestly to $190 from $192 and kept an outperform rating, implying roughly 9% upside from recent levels. Benzinga article Positive Sentiment: TD Cowen also reiterated a bullish view, forecasting strong price appreciation for Globe Life (GL). American Banking News article Positive Sentiment: Management raised its 2026 net operating EPS guidance to $15.55-$15.95 and lifted share repurchases to $670 million-$700 million, signaling confidence in future earnings and capital returns. Seeking Alpha article Neutral Sentiment: Globe Life’s Q2 revenue came in roughly in line with expectations, and underwriting income remained strong, showing the core business is still performing acceptably despite some headwinds. Reuters article Negative Sentiment: Q2 earnings of $3.61 per share missed the consensus estimate of $3.67, and several reports pointed to softer sales and rising expenses as reasons for investor concern. MSN article Wall Street Analyst Weigh In GL has been the topic of several recent research reports. Keefe, Bruyette & Woods reduced their price target on Globe Life from $192.00 to $190.00 and set an “outperform” rating on the stock in a research report on Friday. Weiss Ratings downgraded shares of Globe Life from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, July 20th. Morgan Stanley lifted their price objective on shares of Globe Life from $181.00 to $208.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Truist Financial boosted their target price on shares of Globe Life from $180.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. upped their target price on shares of Globe Life from $181.00 to $201.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $187.40.
View Our Latest Stock Report on GL
Insiders Place Their Bets In other news, CEO James Matthew Darden sold 4,663 shares of the firm’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $153.88, for a total transaction of $717,542.44. Following the transaction, the chief executive officer directly owned 58,451 shares of the company’s stock, valued at approximately $8,994,439.88. This trade represents a 7.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Frank M. Svoboda sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $156.68, for a total value of $3,133,600.00. Following the transaction, the chief executive officer directly owned 54,020 shares of the company’s stock, valued at $8,463,853.60. This represents a 27.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 90,187 shares of company stock worth $14,299,874. 2.11% of the stock is owned by company insiders.
Globe Life Profile (Free Report)
Globe Life, traded on the NYSE under the symbol GL, is a U.S.-based insurance holding company that underwrites and distributes a range of life and supplemental health insurance products. Through its subsidiary brands—Globe Life, American Income Life, Liberty National Life, United American Insurance Company and Family Heritage Life—it offers term life, whole life, fixed annuities and supplemental health coverage designed to meet the needs of individuals and families across various socioeconomic segments.
The company’s product suite includes low-cost, easy-to-understand life insurance policies, accidental death and dismemberment coverage, hospital indemnity plans and specified disease insurance.
Read More Five stocks we like better than Globe Life RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding GL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Globe Life Inc. (NYSE:GL – Free Report).
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Shiba Inu (CRYPTO: SHIB) surged to a two-month high on Sunday, sparking a flurry of memes from the cryptocurrency’s official X account about how relevant and promising it still is.
SHIB Gets Back at the BearsThe Shiba Inu account posted a cartoon on X, showing an emboldened Shiba Inu mascot and a terrified brown bear —symbolizing bear markets.
“Reports of $SHIB’s death were greatly exaggerated,” referencing writer Mark Twain’s iconic quote.
SHIB also shared a Forrest Gump running GIF with the caption "Run it back, world," in reply to a nostalgic post about the memecoin’s past global shilling.
South Korean Trades Driving the Rally?Optimism returned after the dog-themed cryptocurrency sharply rebounded over the weekend, reaching levels not seen since May 22. More than $500 million worth of SHIB changed hands in the last 24 hours, representing an 18% surge in trading volume.
While most of the gains have been surrendered, the rally lifted the coin’s weekly performance above 22%.
Speculative activity has risen substantially, with open interest in SHIB futures surging 64% in a week, according to Coinglass.
Data from CoinMarketCap indicates that SHIB was actively traded on South Korean platforms, with Upbit recording higher volume than Binance and Coinbase. The SHIB to KRW pair recorded over $46 million in trading volume in the last 24 hours.
Price Action: At the time of writing, SHIB was exchanging hands at $0.000005110, down 4.71% in the last 24 hours, according to data from Benzinga Pro.
Photo Courtesy: DennisF on Shutterstock.com
Market News and Data brought to you by Benzinga APIs
The Pound to Australian Dollar (GBP/AUD) exchange rate fell to its weakest level since late June last week as stronger Australian economic data reinforced expectations for further Reserve Bank of Australia interest rate hikes.
At the time of writing, GBP/AUD was trading around AU$1.9073, down approximately 1% over the week.
Latest — Exchange Rates:
Pound to Australian Dollar (GBP/AUD): 1.90626 (-0.10%)
Pound to Dollar (GBP/USD): 1.335557 (+0.23%)
DAILY RECAP:
The Australian Dollar (AUD) proved remarkably resilient last week, with the risk-sensitive currency defying the broader deterioration in market sentiment linked to renewed conflict in the Middle East.
While risk appetite weakened during the second half of the week as geopolitical tensions intensified and oil prices climbed, the ‘Aussie’ avoided a sharper sell-off thanks to stronger domestic economic data.
AUD investors were particularly encouraged by Australia's latest employment report, which showed the economy created more than 76,000 jobs in June.
Together with stronger-than-expected July PMI readings, the figures reinforced expectations for further Reserve Bank of Australia (RBA) interest rate hikes and helped the Australian Dollar end the week firmly higher.
Meanwhile, the Pound (GBP) struggled to attract sustained support as rising UK government borrowing costs unsettled investors.
Although higher global energy prices contributed to the rise in gilt yields, markets also focused on Prime Minister Andy Burnham's first wave of cost-of-living measures.
The removal of VAT on domestic electricity bills and tax relief for hospitality businesses raised fresh questions over how the government intends to finance the measures while remaining within Labour's fiscal rules.
A busy week of UK economic data provided only mixed support for Sterling. Strong employment and retail sales figures were offset by softer inflation, which kept expectations for further Bank of England (BoE) interest rate hikes in check.
Near-Term GBP/AUD Forecast: Cautious BoE to Sap Sterling Sentiment? Looking ahead, the Bank of England's latest interest rate decision is expected to be the main driver of the Pound to Australian Dollar exchange rate this week.
Markets widely expect policymakers to leave interest rates unchanged, placing the emphasis on the Bank's forward guidance.
Sterling could come under renewed pressure if the BoE continues to emphasise downside risks to growth and maintains a cautious policy outlook.
However, if policymakers acknowledge that rising energy prices have increased inflation risks and leave the door open to further tightening, the Pound may stage a recovery.
For the Australian Dollar, attention will focus on Australia's quarterly inflation report. A stronger-than-expected rise in consumer prices would reinforce expectations for further RBA interest rate hikes and could provide additional support for the ‘Aussie’.
Exchange Rates UK Research Our currency coverage draws on live market data, official economic releases and published bank research.
The Pound to New Zealand Dollar (GBP/NZD) exchange rate fell to a six-week low last week before recovering as UK political developments, high-impact economic data and the escalating US-Iran conflict drove volatility.
At the time of writing, GBP/NZD was trading at NZ$2.3020, virtually unchanged over the week.
Latest — Exchange Rates:
Pound to New Zealand Dollar (GBP/NZD): 2.299017 (-0.09%)
Euro to New Zealand Dollar (EUR/NZD): 1.962339 (-0.07%)
New Zealand Dollar to Dollar (NZD/USD): 0.580926 (+0.32%)
DAILY RECAP:
The Pound (GBP) wobbled at the start of the week as markets were caught off guard by Prime Minister Andy Burnham’s surprise choice for Chancellor. Burnham appointed former Defence Secretary John Healey as head of the Treasury.
Sterling then began to trend lower amid concerns about the government’s commitment to fiscal discipline as Burnham started to outline plans to cut some taxes.
Political developments overshadowed several high-impact UK economic releases, including the latest labour market report and consumer price index.
The CPI figures were mixed and failed to prompt decisive movement in the Pound. Headline inflation cooled more than forecast, easing from 2.8% to 2.6%, while core inflation unexpectedly held at 2.6% rather than slowing to 2.5%.
While GBP was able to recover against riskier currencies as the market mood soured, it struggled elsewhere.
Strong data on Friday also failed to boost Sterling, with UK retail sales in June and the services PMI for July both unexpectedly accelerating.
Meanwhile, the New Zealand Dollar (NZD) strengthened at the start of the week, shrugging off weaker-than-forecast trade figures and escalating tensions in the Middle East.
The ‘Kiwi’ then extended its gains as New Zealand inflation exceeded expectations, accelerating from 3.1% to 4.1% in the second quarter. This fuelled bets on further interest rate increases from the Reserve Bank of New Zealand (RBNZ).
After striking a six-week high against the Pound on Tuesday, the New Zealand Dollar retreated through the remainder of the week.
With the crisis in the Middle East intensifying, a deeply risk-averse market mood weighed heavily on NZD and allowed GBP/NZD to recover.
Near-Term GBP/NZD Forecast: BoE Interest Rate Decision in Focus Looking ahead, the Bank of England’s interest rate decision on Thursday is in the spotlight for GBP investors this week.
The Bank is expected to hold interest rates steady, which would leave markets focused on the BoE’s forward guidance.
If policymakers indicate that rate hikes remain likely in the coming months, particularly following the recent rise in energy prices, Sterling could strengthen.
Ahead of the decision, political developments could continue to drive volatility in the Pound.
As for the New Zealand Dollar, the latest business and consumer confidence indexes could influence NZD, with the releases due overnight on Wednesday and Thursday, respectively.
If morale among businesses and consumers deteriorated in July, the ‘Kiwi’ could weaken.
Cannell & Spears LLC reduced its position in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 87.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,950 shares of the pipeline company’s stock after selling 27,025 shares during the period. Cannell & Spears LLC’s holdings in Enbridge were worth $214,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in shares of Enbridge in the third quarter worth about $26,000. Turning Point Benefit Group Inc. bought a new stake in shares of Enbridge in the third quarter valued at approximately $28,000. Inspire Investing LLC purchased a new stake in shares of Enbridge during the 4th quarter valued at approximately $29,000. Garner Asset Management Corp purchased a new stake in shares of Enbridge during the 4th quarter valued at approximately $30,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Enbridge during the 3rd quarter valued at approximately $31,000. 54.60% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets A number of research analysts recently weighed in on ENB shares. TD Securities reiterated a “hold” rating on shares of Enbridge in a research note on Thursday, July 16th. Wall Street Zen upgraded Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enbridge in a report on Friday, May 22nd. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Enbridge in a report on Monday, May 11th. Finally, Scotiabank reiterated an “outperform” rating on shares of Enbridge in a research report on Tuesday, July 21st. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $66.50.
Read Our Latest Analysis on ENB
Enbridge Stock Performance Shares of ENB opened at $56.84 on Monday. The company has a market cap of $124.13 billion, a PE ratio of 26.68 and a beta of 0.58. The company has a current ratio of 0.81, a quick ratio of 0.73 and a debt-to-equity ratio of 1.69. The stock has a 50-day moving average price of $55.73 and a 200-day moving average price of $53.29. Enbridge Inc has a 12-month low of $44.58 and a 12-month high of $58.45.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last issued its quarterly earnings data on Friday, May 8th. The pipeline company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.69 by $0.02. The company had revenue of $9.37 billion during the quarter, compared to analyst estimates of $8.49 billion. Enbridge had a return on equity of 11.21% and a net margin of 9.83%.During the same quarter in the previous year, the firm earned $1.03 earnings per share. As a group, equities analysts forecast that Enbridge Inc will post 2.13 earnings per share for the current fiscal year.
Enbridge Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were given a dividend of $0.97 per share. The ex-dividend date was Friday, May 15th. This represents a $3.88 annualized dividend and a yield of 6.8%. Enbridge’s payout ratio is presently 133.80%.
Enbridge Company Profile (Free Report)
Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.
The company serves customers primarily in Canada and the United States and has interests in other international energy projects.
Featured Articles Five stocks we like better than Enbridge RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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SummaryA winning investment strategy requires distinct roles – combining high immediate cash generators, steady payout anchors, and growing dividend engines.Maximum Payers: Function as aggressive "scorers", distributing nearly 100% of earnings to generate high yields.Steady Eddy's: Fixed-income investments provide predictable monthly distributions, anchoring baseline portfolio cash flow regardless of broader equity sentiment.Consistent Growers: A lower starting yield to retain earnings, driving quarter-after-quarter distribution hikes and long-term capital expansion.Never judge an individual asset in isolation; evaluate how its specific return and payout profile strengthens the overall cash-generating engine.Looking for a helping hand in the market? Members of High Dividend Opportunities get exclusive ideas and guidance to navigate any climate. Learn More » Manuel-F-O/iStock via Getty Images
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Compound Planning Inc. purchased a new stake in shares of LyondellBasell Industries N.V. (NYSE:LYB – Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 11,632 shares of the specialty chemicals company’s stock, valued at approximately $937,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Jamison Private Wealth Management Inc. boosted its holdings in LyondellBasell Industries by 1.6% during the first quarter. Jamison Private Wealth Management Inc. now owns 10,915 shares of the specialty chemicals company’s stock worth $879,000 after buying an additional 172 shares in the last quarter. Investment Research Partners LLC boosted its stake in LyondellBasell Industries by 4.4% during the 4th quarter. Investment Research Partners LLC now owns 5,100 shares of the specialty chemicals company’s stock worth $221,000 after purchasing an additional 214 shares during the last quarter. Rothschild Investment LLC grew its holdings in shares of LyondellBasell Industries by 3.5% during the fourth quarter. Rothschild Investment LLC now owns 8,025 shares of the specialty chemicals company’s stock worth $347,000 after buying an additional 272 shares in the last quarter. Moors & Cabot Inc. raised its position in shares of LyondellBasell Industries by 5.6% in the third quarter. Moors & Cabot Inc. now owns 5,495 shares of the specialty chemicals company’s stock valued at $269,000 after buying an additional 293 shares during the last quarter. Finally, Vident Advisory LLC raised its position in shares of LyondellBasell Industries by 1.1% in the second quarter. Vident Advisory LLC now owns 26,406 shares of the specialty chemicals company’s stock valued at $1,528,000 after buying an additional 297 shares during the last quarter. Institutional investors and hedge funds own 71.20% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities analysts recently commented on the company. Zacks Research downgraded LyondellBasell Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. JPMorgan Chase & Co. upped their target price on LyondellBasell Industries from $50.00 to $75.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Alembic Global Advisors cut their target price on LyondellBasell Industries from $95.00 to $83.00 and set an “overweight” rating for the company in a research note on Thursday, July 2nd. Bank of America reduced their price target on LyondellBasell Industries from $68.00 to $48.00 and set an “underperform” rating on the stock in a report on Tuesday, June 30th. Finally, Wolfe Research boosted their price target on shares of LyondellBasell Industries from $38.00 to $62.00 and gave the company an “underperform” rating in a research report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $71.94.
Get Our Latest Research Report on LYB
LyondellBasell Industries Trading Down 0.0% NYSE LYB opened at $60.30 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.03 and a current ratio of 1.54. The firm has a market cap of $19.46 billion, a price-to-earnings ratio of -24.22, a PEG ratio of 0.20 and a beta of 0.32. The firm has a 50 day simple moving average of $61.65 and a 200-day simple moving average of $63.42. LyondellBasell Industries N.V. has a one year low of $41.58 and a one year high of $83.94.
LyondellBasell Industries (NYSE:LYB – Get Free Report) last released its earnings results on Friday, May 1st. The specialty chemicals company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.31 by $0.18. LyondellBasell Industries had a positive return on equity of 5.68% and a negative net margin of 2.68%.The firm had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.53 billion. During the same period in the previous year, the firm posted $0.33 EPS. LyondellBasell Industries’s revenue for the quarter was down 6.3% on a year-over-year basis. Equities research analysts anticipate that LyondellBasell Industries N.V. will post 8.57 EPS for the current fiscal year.
LyondellBasell Industries Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Monday, June 1st were paid a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, June 1st. LyondellBasell Industries’s dividend payout ratio (DPR) is currently -110.84%.
LyondellBasell Industries Company Profile (Free Report)
LyondellBasell Industries N.V. (NYSE: LYB) is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.
The company’s integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.
Featured Stories Five stocks we like better than LyondellBasell Industries RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Gabelli Funds LLC reduced its position in AbbVie Inc. (NYSE:ABBV – Free Report) by 31.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 55,613 shares of the company’s stock after selling 25,600 shares during the period. Gabelli Funds LLC’s holdings in AbbVie were worth $12,095,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of ABBV. Brighton Jones LLC raised its position in shares of AbbVie by 17.4% in the fourth quarter. Brighton Jones LLC now owns 22,912 shares of the company’s stock valued at $4,072,000 after purchasing an additional 3,401 shares during the period. Revolve Wealth Partners LLC grew its stake in AbbVie by 72.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,279 shares of the company’s stock valued at $1,294,000 after buying an additional 3,064 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in AbbVie by 5.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,466 shares of the company’s stock valued at $3,056,000 after acquiring an additional 789 shares during the period. Ieq Capital LLC lifted its position in AbbVie by 4.6% during the second quarter. Ieq Capital LLC now owns 120,035 shares of the company’s stock worth $22,281,000 after acquiring an additional 5,274 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC grew its position in shares of AbbVie by 117.3% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,135,034 shares of the company’s stock valued at $210,685,000 after purchasing an additional 612,702 shares during the last quarter. Institutional investors and hedge funds own 70.23% of the company’s stock.
Key AbbVie News Here are the key news stories impacting AbbVie this week:
Positive Sentiment: AbbVie is expected to report earnings next week, and several market write-ups highlight the stock as a potential winner if results or guidance beat expectations. Analysts also noted the shares may have room to rise if the company delivers on revenue and profit growth. AbbVie (ABBV) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release Positive Sentiment: Canaccord Genuity reiterated a constructive view on AbbVie, with a report saying the stock price is expected to rise, which may be helping sentiment around the name. AbbVie (NYSE:ABBV) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says Neutral Sentiment: AbbVie also announced progress on early-stage pipeline work for nacresertib and ABBV-313, but these updates are preliminary and are unlikely to move the stock as much as late-stage clinical data. AbbVie Advances Nacresertib With Key Drug–Drug Interaction Study AbbVie’s ABBV-313 Phase 1 Trial: What Early Safety Work Means for Investors Negative Sentiment: AbbVie and Genmab said the Phase 3 EPCORE DLBCL-1 trial for lymphoma drug epcoritamab missed its sole U.S. primary endpoint, a setback that could weigh on sentiment toward the company’s oncology pipeline. Genmab, AbbVie Say Lymphoma Drug Failed to Meet Primary Endpoint in Phase 3 Trial Analysts Set New Price Targets A number of research analysts have commented on the company. Wall Street Zen lowered AbbVie from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Evercore set a $235.00 target price on shares of AbbVie in a report on Friday, May 15th. Citigroup increased their price target on AbbVie from $230.00 to $260.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 15th. Sanford C. Bernstein restated a “market perform” rating on shares of AbbVie in a research report on Tuesday, June 23rd. Finally, UBS Group upped their price objective on shares of AbbVie from $230.00 to $260.00 and gave the stock a “neutral” rating in a research report on Monday, July 13th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $268.10.
View Our Latest Stock Analysis on ABBV
AbbVie Stock Down 0.1% NYSE ABBV opened at $259.10 on Monday. The company has a market cap of $457.78 billion, a price-to-earnings ratio of 127.64, a price-to-earnings-growth ratio of 0.86 and a beta of 0.30. AbbVie Inc. has a twelve month low of $187.62 and a twelve month high of $261.64. The business’s fifty day moving average is $234.57 and its 200 day moving average is $222.88.
AbbVie (NYSE:ABBV – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.06. AbbVie had a net margin of 5.79% and a negative return on equity of 576.45%. The firm had revenue of $15 billion for the quarter, compared to analyst estimates of $14.72 billion. During the same period in the previous year, the firm posted $2.46 EPS. The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. On average, research analysts anticipate that AbbVie Inc. will post 14.18 earnings per share for the current fiscal year.
AbbVie Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Wednesday, July 15th will be issued a dividend of $1.73 per share. This represents a $6.92 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Wednesday, July 15th. AbbVie’s dividend payout ratio is presently 340.89%.
AbbVie Company Profile (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.
Read More Five stocks we like better than AbbVie RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit 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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Entropy Technologies LP purchased a new position in Duke Energy Corporation (NYSE:DUK – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,373 shares of the utilities provider’s stock, valued at approximately $2,668,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Sharp Wealth Advisory LLC boosted its stake in shares of Duke Energy by 4.5% during the 1st quarter. Sharp Wealth Advisory LLC now owns 1,876 shares of the utilities provider’s stock worth $246,000 after acquiring an additional 81 shares in the last quarter. Absher Wealth Management LLC raised its position in shares of Duke Energy by 2.3% during the first quarter. Absher Wealth Management LLC now owns 3,648 shares of the utilities provider’s stock worth $478,000 after purchasing an additional 81 shares during the period. A4 Wealth Advisors LLC lifted its holdings in shares of Duke Energy by 3.3% during the fourth quarter. A4 Wealth Advisors LLC now owns 2,597 shares of the utilities provider’s stock valued at $304,000 after purchasing an additional 82 shares during the last quarter. Elm Partners Management LLC lifted its holdings in shares of Duke Energy by 0.9% during the fourth quarter. Elm Partners Management LLC now owns 9,254 shares of the utilities provider’s stock valued at $1,085,000 after purchasing an additional 83 shares during the last quarter. Finally, CYBER HORNET ETFs LLC boosted its position in shares of Duke Energy by 4.1% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 2,113 shares of the utilities provider’s stock valued at $261,000 after purchasing an additional 83 shares during the period. Institutional investors and hedge funds own 65.31% of the company’s stock.
Duke Energy Stock Performance Shares of DUK stock opened at $130.54 on Monday. The company has a market capitalization of $101.77 billion, a price-to-earnings ratio of 19.99, a P/E/G ratio of 2.88 and a beta of 0.38. Duke Energy Corporation has a 1-year low of $113.89 and a 1-year high of $134.49. The company has a current ratio of 0.66, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The stock’s fifty day simple moving average is $125.30 and its 200-day simple moving average is $125.85.
Duke Energy (NYSE:DUK – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.06. Duke Energy had a return on equity of 9.73% and a net margin of 15.49%.The firm had revenue of $9.18 billion during the quarter, compared to the consensus estimate of $8.44 billion. During the same period in the prior year, the business earned $1.76 EPS. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, sell-side analysts predict that Duke Energy Corporation will post 6.72 earnings per share for the current fiscal year.
Duke Energy Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Friday, August 14th will be issued a dividend of $1.085 per share. This is an increase from Duke Energy’s previous quarterly dividend of $1.06. This represents a $4.34 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, August 14th. Duke Energy’s dividend payout ratio is 65.24%.
Insider Activity at Duke Energy In other news, CEO Louis E. Renjel sold 3,500 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $125.15, for a total transaction of $438,025.00. Following the transaction, the chief executive officer directly owned 21,415 shares in the company, valued at $2,680,087.25. The trade was a 14.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Harry K. Sideris sold 20,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $124.37, for a total transaction of $2,487,400.00. Following the completion of the transaction, the chief executive officer directly owned 96,102 shares in the company, valued at $11,952,205.74. This trade represents a 17.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.12% of the company’s stock.
Trending Headlines about Duke Energy Here are the key news stories impacting Duke Energy this week:
Positive Sentiment: KeyCorp reiterated an Overweight rating on Duke Energy and raised its longer-term earnings outlook, nudging up FY2027, FY2028, and FY2029 EPS estimates. The firm also kept a $139 price target, suggesting confidence in Duke’s earnings growth trajectory. Positive Sentiment: Duke Energy unveiled its Customer Protection Plus framework, designed to support rapid data center-driven power demand while aiming to deliver billions in customer savings. Investors may view this as a constructive way to monetize infrastructure growth without triggering excessive pushback from customers. Duke Energy (DUK) Unveils Customer Savings Plan To Back Data Center Growth Positive Sentiment: The company also announced a higher quarterly dividend, reinforcing Duke Energy’s appeal as an income stock and helping attract dividend-focused investors. Can Duke Energy (DUK) Justify Its Price As Its Higher Dividend Draws Attention? Neutral Sentiment: North Carolina leaders and regulators are pressuring Duke Energy to make its federal data-center pledge legally binding. This could support accountability and customer trust, but it also raises regulatory scrutiny around future growth plans. Negative Sentiment: Regulatory criticism of Duke’s proposed rate increases remains a headwind, with North Carolina’s attorney general saying the lowered request is still too high. That could add pressure to future profitability if rate approvals become more difficult. Analyst Upgrades and Downgrades DUK has been the topic of a number of analyst reports. BTIG Research reissued a “buy” rating on shares of Duke Energy in a research note on Thursday. Capitol Sec Mgt lowered shares of Duke Energy from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. BMO Capital Markets decreased their target price on shares of Duke Energy from $138.00 to $134.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Mizuho cut their price target on shares of Duke Energy from $139.00 to $135.00 and set an “outperform” rating on the stock in a report on Thursday, June 18th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Duke Energy in a research report on Monday, May 4th. Ten investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Duke Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.62.
Get Our Latest Report on DUK
Duke Energy Profile (Free Report)
Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.
Its operating activities include owning and operating generation assets across a portfolio that encompasses nuclear, natural gas, coal, hydroelectric and an expanding array of renewable resources, as well as battery storage and grid modernization projects.
Read More Five stocks we like better than Duke Energy RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Entropy Technologies LP lessened its holdings in Molson Coors Beverage Company (NYSE:TAP – Free Report) by 51.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,618 shares of the company’s stock after selling 60,321 shares during the period. Entropy Technologies LP’s holdings in Molson Coors Beverage were worth $2,481,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of the business. Gabelli Funds LLC grew its holdings in Molson Coors Beverage by 7.7% in the first quarter. Gabelli Funds LLC now owns 221,584 shares of the company’s stock valued at $9,541,000 after purchasing an additional 15,783 shares during the period. Gamco Investors INC. ET AL increased its position in shares of Molson Coors Beverage by 21.3% in the first quarter. Gamco Investors INC. ET AL now owns 100,608 shares of the company’s stock valued at $4,332,000 after buying an additional 17,650 shares in the last quarter. Inceptionr LLC acquired a new position in shares of Molson Coors Beverage during the 1st quarter worth approximately $312,000. Sei Investments Co. raised its stake in shares of Molson Coors Beverage by 27.1% during the 1st quarter. Sei Investments Co. now owns 259,989 shares of the company’s stock worth $11,195,000 after buying an additional 55,410 shares during the period. Finally, State of Wyoming lifted its position in shares of Molson Coors Beverage by 17.9% during the 1st quarter. State of Wyoming now owns 5,480 shares of the company’s stock valued at $236,000 after buying an additional 833 shares in the last quarter. Institutional investors and hedge funds own 78.46% of the company’s stock.
Analyst Upgrades and Downgrades A number of equities research analysts recently issued reports on TAP shares. JPMorgan Chase & Co. dropped their price target on shares of Molson Coors Beverage from $45.00 to $43.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Wells Fargo & Company reduced their price objective on shares of Molson Coors Beverage from $43.00 to $41.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. BNP Paribas Exane decreased their price objective on shares of Molson Coors Beverage from $36.00 to $35.00 and set an “underperform” rating on the stock in a report on Wednesday, June 3rd. Citigroup decreased their price objective on shares of Molson Coors Beverage from $47.00 to $42.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. Finally, Sanford C. Bernstein dropped their target price on shares of Molson Coors Beverage from $74.00 to $45.00 and set a “market perform” rating on the stock in a research report on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $44.00.
Get Our Latest Stock Analysis on Molson Coors Beverage
Molson Coors Beverage Stock Up 0.1% NYSE TAP opened at $40.98 on Monday. The business has a fifty day moving average price of $40.26 and a 200 day moving average price of $44.06. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.38 and a current ratio of 0.54. The company has a market cap of $7.69 billion, a P/E ratio of -3.85 and a beta of 0.42. Molson Coors Beverage Company has a one year low of $38.04 and a one year high of $54.82.
Molson Coors Beverage (NYSE:TAP – Get Free Report) last announced its earnings results on Friday, May 1st. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.26. The company had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 EPS. Research analysts anticipate that Molson Coors Beverage Company will post 4.78 EPS for the current fiscal year.
Molson Coors Beverage Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, August 28th will be issued a $0.48 dividend. The ex-dividend date is Friday, August 28th. This represents a $1.92 dividend on an annualized basis and a yield of 4.7%. Molson Coors Beverage’s dividend payout ratio is presently -18.05%.
Insiders Place Their Bets In other news, Director Geoffrey E. Molson sold 1,245 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $42.50, for a total transaction of $52,912.50. Following the transaction, the director directly owned 9,871 shares in the company, valued at $419,517.50. The trade was a 11.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.27% of the stock is owned by company insiders.
About Molson Coors Beverage (Free Report)
Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.
In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.
See Also Five stocks we like better than Molson Coors Beverage RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding TAP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Molson Coors Beverage Company (NYSE:TAP – Free Report).
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Entropy Technologies LP bought a new position in shares of Unity Software Inc. (NYSE:U – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 90,464 shares of the company’s stock, valued at approximately $1,985,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Unity Software by 5.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 813,176 shares of the company’s stock valued at $15,930,000 after purchasing an additional 45,481 shares in the last quarter. Focus Partners Wealth purchased a new position in shares of Unity Software in the first quarter worth about $260,000. Northwestern Mutual Wealth Management Co. boosted its position in Unity Software by 28.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,542 shares of the company’s stock worth $134,000 after acquiring an additional 1,241 shares during the last quarter. California Public Employees Retirement System boosted its position in Unity Software by 11.3% during the second quarter. California Public Employees Retirement System now owns 520,774 shares of the company’s stock worth $12,603,000 after acquiring an additional 53,015 shares during the last quarter. Finally, Sei Investments Co. grew its stake in Unity Software by 1,135.6% during the 2nd quarter. Sei Investments Co. now owns 224,715 shares of the company’s stock valued at $5,438,000 after acquiring an additional 206,529 shares in the last quarter. Hedge funds and other institutional investors own 73.46% of the company’s stock.
Unity Software Trading Up 0.1% Shares of Unity Software stock opened at $28.64 on Monday. The firm has a market capitalization of $12.50 billion, a price-to-earnings ratio of -18.24, a PEG ratio of 3.39 and a beta of 2.05. Unity Software Inc. has a fifty-two week low of $16.78 and a fifty-two week high of $52.15. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.95 and a current ratio of 1.95. The stock has a 50 day moving average of $28.61 and a 200 day moving average of $27.25.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on U shares. Citigroup dropped their price target on Unity Software from $43.00 to $40.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. UBS Group boosted their price objective on Unity Software from $26.00 to $28.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. Wedbush upped their target price on Unity Software from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Weiss Ratings restated a “sell (e+)” rating on shares of Unity Software in a report on Friday, July 17th. Finally, Wells Fargo & Company raised their target price on Unity Software from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $37.99.
Get Our Latest Stock Analysis on Unity Software
Insider Buying and Selling at Unity Software In other news, COO Alexander Blum sold 2,099 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $27.37, for a total value of $57,449.63. Following the sale, the chief operating officer directly owned 727,970 shares of the company’s stock, valued at approximately $19,924,538.90. The trade was a 0.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Mark Barrysmith sold 13,247 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $27.18, for a total transaction of $360,053.46. Following the completion of the sale, the chief accounting officer directly owned 370,654 shares in the company, valued at $10,074,375.72. This trade represents a 3.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 198,321 shares of company stock valued at $5,390,783. 0.77% of the stock is currently owned by company insiders.
Trending Headlines about Unity Software Here are the key news stories impacting Unity Software this week:
Positive Sentiment: Several reports highlighted Unity as one of the software names positioned to benefit from expanding AI adoption, with potential upside from stronger platform usage, enterprise demand, and new monetization opportunities. The Zacks Analyst Blog Highlights Arista Networks, Unity Software, HubSpot and Samsara Positive Sentiment: Another industry outlook piece said Unity and peers are benefiting from AI-infused software demand and cybersecurity-related tailwinds, which supports the bullish case for the stock. 3 Internet Software Stocks to Buy From a Challenging Industry Positive Sentiment: Wall Street price-target commentary suggested roughly 27% upside for Unity, with analysts’ earnings estimate increases reinforcing expectations for better performance ahead. Wall Street Analysts See a 27.16% Upside in Unity Software (U): Can the Stock Really Move This High? Neutral Sentiment: Additional coverage repeated the same AI-adoption theme, saying Unity is among software names likely to benefit as companies expand intelligent software and cloud capabilities. 4 Software Stocks Poised to Benefit From Expanding AI Adoption Negative Sentiment: Recent trading had shown Unity moving lower, reflecting some near-term pressure despite the more constructive analyst and industry backdrop. Unity Software Inc. (U) Registers a Bigger Fall Than the Market: Important Facts to Note Unity Software Profile (Free Report)
Unity Software is a leading provider of a real-time 3D development platform that enables creators across industries to design, build and operate interactive, real-time experiences. Originally focused on the game development market, Unity’s technology now extends into sectors such as film, automotive, architecture, engineering and construction, delivering immersive content for mobile, desktop, console, augmented reality and virtual reality devices. The company’s core offering comprises a suite of authoring tools, runtime engines and cloud services that streamline the creation and deployment of interactive 3D applications.
The Unity Editor serves as the central hub where developers design scenes, script behavior and iterate on assets.
Featured Articles Five stocks we like better than Unity Software RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) shares climbed to their highest in over two weeks after the drugmaker reported better second-quarter earnings than...
Bank of Nova Scotia lowered its stake in shares of Etsy Inc (NYSE:ETSY – Free Report) by 44.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 211,917 shares of the company’s stock after selling 168,646 shares during the period. Bank of Nova Scotia owned 0.22% of Etsy worth $10,592,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. EFG International AG bought a new position in shares of Etsy in the fourth quarter valued at $33,000. Blue Trust Inc. grew its position in shares of Etsy by 19.3% in the 1st quarter. Blue Trust Inc. now owns 1,238 shares of the company’s stock valued at $62,000 after acquiring an additional 200 shares during the period. Danske Bank A S bought a new position in shares of Etsy in the 3rd quarter valued at about $66,000. Federation des caisses Desjardins du Quebec grew its position in shares of Etsy by 22.8% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,210 shares of the company’s stock valued at $67,000 after acquiring an additional 225 shares during the period. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Etsy during the 4th quarter worth about $79,000. Institutional investors and hedge funds own 99.53% of the company’s stock.
Analyst Upgrades and Downgrades A number of brokerages have recently issued reports on ETSY. Raymond James Financial upped their target price on shares of Etsy from $75.00 to $92.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Truist Financial lifted their price target on Etsy from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday. Guggenheim assumed coverage on Etsy in a research note on Thursday, May 21st. They issued a “buy” rating on the stock. Wells Fargo & Company upped their price objective on Etsy from $47.00 to $61.00 and gave the company an “underweight” rating in a research note on Thursday, April 30th. Finally, President Capital raised Etsy from a “neutral” rating to a “buy” rating and raised their price objective for the company from $57.00 to $91.00 in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Etsy currently has an average rating of “Hold” and an average price target of $75.36.
View Our Latest Research Report on ETSY
Etsy Trading Up 0.1% NYSE ETSY opened at $80.74 on Monday. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 33.64, a PEG ratio of 3.16 and a beta of 1.83. The company has a 50 day moving average of $73.08 and a 200-day moving average of $62.12. Etsy Inc has a 1-year low of $44.00 and a 1-year high of $87.14.
Insiders Place Their Bets In other Etsy news, insider Josh Silverman sold 134,730 shares of Etsy stock in a transaction on Monday, June 1st. The stock was sold at an average price of $68.89, for a total value of $9,281,549.70. Following the completion of the transaction, the insider directly owned 130,694 shares of the company’s stock, valued at $9,003,509.66. The trade was a 50.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Frederick R. Wilson sold 20,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $74.39, for a total value of $1,487,800.00. Following the sale, the director owned 441,329 shares of the company’s stock, valued at approximately $32,830,464.31. The trade was a 4.34% 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 90 days, insiders have sold 658,943 shares of company stock worth $47,305,981. Corporate insiders own 2.50% of the company’s stock.
Etsy News Summary Here are the key news stories impacting Etsy this week:
Positive Sentiment: Analysts say Etsy’s app-led loyalty push is boosting engagement, conversion, and buyer lifetime value, while mobile gross merchandise sales growth accelerates and personalized features gain traction. Can Etsy’s Loyalty Initiatives Unlock Higher Buyer Lifetime Value? Positive Sentiment: Etsy’s collaboration with Olivia Rodrigo on a handmade Daisy Chain Fields merch and accessory collection highlights stronger brand visibility and could support traffic and marketplace activity. Olivia Rodrigo Creates Adorable Festival Accessory Line for Daisy Chain Fields With 10 Female Etsy Sellers Positive Sentiment: Another note argues Etsy has the ingredients to beat estimates again in its next earnings report, reinforcing expectations for solid near-term financial results. Will Etsy (ETSY) Beat Estimates Again in Its Next Earnings Report? Neutral Sentiment: One article says Etsy fits an ideal LBO target profile, which may attract takeover speculation but does not by itself change fundamentals. These 4 Stocks Fit the Ideal LBO Target Profile Right Now Neutral Sentiment: Coverage also showed Etsy maintaining a consensus “Hold” rating, suggesting analysts remain cautious overall even amid improving sentiment. Etsy Inc (NYSE:ETSY) Given Consensus Recommendation of “Hold” by Analysts Etsy Profile (Free Report)
Etsy, Inc operates two-sided online marketplaces that connect buyers and sellers primarily in the United States, the United Kingdom, Germany, Canada, Australia, France, and India. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items. In addition, it offers various seller services, including Etsy Payments, a payment processing service; Etsy Ads, an advertising platform; and Shipping Labels, which allows sellers in the United States, Canada, the United Kingdom, Australia, and India to purchase discounted shipping labels.
See Also Five stocks we like better than Etsy RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Entropy Technologies LP acquired a new stake in shares of Albemarle Corporation (NYSE:ALB – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,776 shares of the specialty chemicals company’s stock, valued at approximately $2,832,000.
Other institutional investors have also recently added to or reduced their stakes in the company. MH & Associates Securities Management Corp ADV acquired a new position in shares of Albemarle during the 4th quarter worth $26,000. BOKF NA raised its holdings in shares of Albemarle by 5,771.4% during the 3rd quarter. BOKF NA now owns 411 shares of the specialty chemicals company’s stock valued at $33,000 after purchasing an additional 404 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of Albemarle in the 4th quarter valued at $34,000. EverSource Wealth Advisors LLC lifted its stake in shares of Albemarle by 536.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 573 shares of the specialty chemicals company’s stock valued at $36,000 after purchasing an additional 483 shares during the last quarter. Finally, Torren Management LLC bought a new stake in Albemarle in the fourth quarter worth $38,000. 92.87% of the stock is currently owned by institutional investors and hedge funds.
Albemarle Stock Performance NYSE:ALB opened at $114.88 on Monday. The firm’s 50-day moving average is $148.42 and its 200-day moving average is $167.38. Albemarle Corporation has a 52-week low of $64.95 and a 52-week high of $221.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.21 and a current ratio of 2.07. The company has a market cap of $13.55 billion, a price-to-earnings ratio of -33.69 and a beta of 1.34.
Albemarle (NYSE:ALB – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The specialty chemicals company reported $2.95 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $1.71. Albemarle had a negative net margin of 5.00% and a positive return on equity of 5.22%. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the business earned ($0.18) earnings per share. The firm’s revenue for the quarter was up 32.7% on a year-over-year basis. Equities research analysts anticipate that Albemarle Corporation will post 12.86 earnings per share for the current year.
Albemarle Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be issued a $0.41 dividend. This is a positive change from Albemarle’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.64 annualized dividend and a yield of 1.4%. Albemarle’s payout ratio is currently -47.51%.
Analyst Upgrades and Downgrades Several research firms have commented on ALB. Berenberg Bank increased their target price on shares of Albemarle from $153.00 to $192.00 and gave the stock a “hold” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group reduced their price target on Albemarle from $244.00 to $211.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Vertical Research upgraded Albemarle from a “hold” rating to a “buy” rating and set a $224.00 price target for the company in a research note on Tuesday, May 26th. Argus increased their price objective on Albemarle from $185.00 to $230.00 and gave the company a “buy” rating in a report on Monday, May 11th. Finally, Wall Street Zen raised Albemarle from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 13th. Fifteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Albemarle presently has a consensus rating of “Moderate Buy” and an average target price of $199.87.
Get Our Latest Report on ALB
Insider Activity at Albemarle In other Albemarle news, CEO J Kent Masters sold 16,393 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $183.72, for a total value of $3,011,721.96. Following the completion of the sale, the chief executive officer owned 87,519 shares in the company, valued at approximately $16,078,990.68. This trade represents a 15.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.42% of the company’s stock.
Albemarle Profile (Free Report)
Albemarle Corporation is a leading global specialty chemicals company primarily engaged in the production and distribution of lithium, bromine, and catalysts. Its lithium segment supplies key components used in rechargeable batteries for electric vehicles, portable electronics, and grid storage systems. The company’s bromine specialty products serve a wide range of industries, including oil and gas drilling fluids, fire safety solutions, and water treatment. In its catalysts division, Albemarle provides products for petroleum refining, chemical processing and emissions control.
Founded in 1994 as a spin-off from Ethyl Corporation, Albemarle has grown through strategic acquisitions and capacity expansions to become one of the world’s foremost chemical producers.
Recommended Stories Five stocks we like better than Albemarle RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding ALB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Albemarle Corporation (NYSE:ALB – Free Report).
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Entropy Technologies LP increased its holdings in shares of Roku, Inc. (NASDAQ:ROKU – Free Report) by 56.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,103 shares of the company’s stock after buying an additional 10,488 shares during the quarter. Entropy Technologies LP’s holdings in Roku were worth $2,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in the business. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Roku by 25.7% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 42,000 shares of the company’s stock worth $3,974,000 after acquiring an additional 8,600 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Roku by 22.8% during the first quarter. Renaissance Technologies LLC now owns 1,565,100 shares of the company’s stock valued at $148,090,000 after acquiring an additional 290,200 shares in the last quarter. Compound Planning Inc. increased its holdings in shares of Roku by 29.3% during the first quarter. Compound Planning Inc. now owns 4,767 shares of the company’s stock valued at $451,000 after acquiring an additional 1,079 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Roku by 229.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,038,347 shares of the company’s stock valued at $192,868,000 after purchasing an additional 1,419,772 shares during the last quarter. Finally, Inceptionr LLC purchased a new position in shares of Roku in the 1st quarter valued at approximately $577,000. 86.30% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In Several research firms have weighed in on ROKU. Wells Fargo & Company boosted their target price on shares of Roku from $137.00 to $167.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Rosenblatt Securities raised their price target on shares of Roku from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, June 16th. Seaport Research Partners set a $155.00 price target on shares of Roku in a report on Tuesday, June 16th. Citizens Jmp downgraded shares of Roku from a “market outperform” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $160.00 price objective (up from $150.00) on shares of Roku in a report on Tuesday, June 16th. Ten investment analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $155.12.
View Our Latest Stock Analysis on Roku
Insider Activity at Roku In other Roku news, Director Neil D. Hunt sold 2,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $140.65, for a total value of $281,300.00. Following the completion of the transaction, the director owned 9,629 shares in the company, valued at approximately $1,354,318.85. This represents a 17.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mustafa Ozgen sold 10,194 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $144.00, for a total transaction of $1,467,936.00. Following the sale, the insider directly owned 19,185 shares in the company, valued at approximately $2,762,640. The trade was a 34.70% 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. Insiders have sold 236,499 shares of company stock valued at $30,582,963 in the last quarter. 13.45% of the stock is currently owned by insiders.
Roku Stock Performance Roku stock opened at $141.97 on Monday. The firm has a market cap of $20.93 billion, a PE ratio of 106.75 and a beta of 2.01. Roku, Inc. has a 12 month low of $78.53 and a 12 month high of $148.88. The stock’s 50 day simple moving average is $134.40 and its two-hundred day simple moving average is $113.70.
Roku (NASDAQ:ROKU – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.23. Roku had a net margin of 4.06% and a return on equity of 7.64%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the firm earned ($0.19) EPS. The business’s quarterly revenue was up 22.4% on a year-over-year basis. On average, equities research analysts forecast that Roku, Inc. will post 2.41 EPS for the current year.
Key Stories Impacting Roku Here are the key news stories impacting Roku this week:
Positive Sentiment: Analysts lifted Roku’s estimated fair value to about $158.41 from $151.68, with several firms now framing the stock around a potential $160 takeover value after Fox’s acquisition announcement. Roku (ROKU) Stock Sees Modest Fair Value Lift After Fox Deal Recast Analyst Views Positive Sentiment: Commentary around Fox’s acquisition says the deal could be a win for creators and reinforces the strategic value of Roku as a key connected-TV distribution platform. Why Fox’s Acquisition of Roku Is a Win for Creators | Analysis Positive Sentiment: Additional bullish media coverage argues Roku benefits from broader media consolidation trends, with investors increasingly valuing digital distribution gateways like Roku over content owners alone. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (ROKU) Neutral Sentiment: Roku said it will report second-quarter 2026 results on August 6, but it will not host an earnings call or provide outlook because of the pending Fox transaction. Roku to Announce Second Quarter 2026 Financial Results on August 6 Neutral Sentiment: Several articles focused on Roku features, campaigns, and streaming content, which may help brand visibility but are unlikely to materially move the stock on their own. 4 Roku secret menus everyone should be using Negative Sentiment: Some valuation-focused analysis suggests the stock may already be near fair value after its recent run, with concerns that growth expectations from connected-TV advertising may be largely priced in. Roku (ROKU) As Connected TV Ad Growth Narrative Tests Whether The Stock Is Fully Valued About Roku (Free Report)
Roku, Inc (NASDAQ: ROKU) is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company’s platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.
At the core of Roku’s product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.
Featured Articles Five stocks we like better than Roku RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Blue Chip Partners LLC increased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 109.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,997 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,563 shares during the period. Blue Chip Partners LLC’s holdings in Micron Technology were worth $1,012,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after purchasing an additional 628 shares during the last quarter. United Bank acquired a new position in shares of Micron Technology during the 2nd quarter worth about $236,000. Schnieders Capital Management LLC. grew its stake in Micron Technology by 67.9% in the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after purchasing an additional 6,867 shares in the last quarter. Finally, Sei Investments Co. grew its stake in shares of Micron Technology by 5.6% in the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock valued at $49,987,000 after buying an additional 21,619 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.
Key Micron Technology News Here are the key news stories impacting Micron Technology this week:
Positive Sentiment: Micron remains a key beneficiary of AI infrastructure spending, with bullish coverage highlighting rising demand for HBM, DRAM and NAND as memory intensity increases in next-generation AI systems. Micron Is A Strong Buy Again Because Of Kimi K3 Positive Sentiment: Micron’s HBM4 ramp-up and faster yield gains could support revenue and margin growth, reinforcing its position in the AI memory race. Micron Boosts HBM4 Ramp-Up: Will It Help MU Lead the AI Memory Race? Neutral Sentiment: Analysts and market commentators continue to point to strong long-term fundamentals, but this support is being offset by near-term volatility in the chip trade. Micron Stock Price Stalls Below $1,000 – Here’s Why Analysts Aren’t Worried Negative Sentiment: Semiconductor stocks are sliding broadly as investors lock in gains after a huge 2026 rally, with valuation concerns and leveraged-position unwinding hitting the group. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing? Negative Sentiment: Chip stocks, including Micron, are also being pressured by weakness in Korean memory names and concern over Chinese memory developments, adding to the selloff in U.S. memory shares. Why Micron and other major chip stocks are falling — even as the rest of tech holds up Analyst Ratings Changes MU has been the topic of a number of recent analyst reports. KeyCorp reissued an “overweight” rating on shares of Micron Technology in a report on Monday, July 20th. Bank of America boosted their price target on Micron Technology from $950.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. UBS Group increased their price objective on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group lifted their price target on Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, June 25th. Finally, Royal Bank Of Canada upped their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $1,268.93.
Check Out Our Latest Stock Report on MU
Micron Technology Price Performance Shares of NASDAQ:MU opened at $920.95 on Monday. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average is $966.27 and its 200-day moving average is $624.74. Micron Technology, Inc. has a twelve month low of $103.38 and a twelve month high of $1,255.00. The firm has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 20.85 and a beta of 2.14.
Micron Technology (NASDAQ:MU – Get Free Report) last posted its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same quarter last year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Sell-side analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.
Micron Technology Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 1.36%.
Insider Activity In related news, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares of the company’s stock, valued at $92,933,763.78. This represents a 31.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares in the company, valued at $13,488,907.17. This trade represents a 10.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 163,300 shares of company stock valued at $152,667,204 over the last ninety days. 0.24% of the stock is owned by insiders.
Micron Technology Profile (Free Report)
Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.
Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.
Featured Articles Five stocks we like better than Micron Technology RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Despite AI stocks being a huge driver of the market, that doesn't mean that their valuations are also through the roof. In fact, valuations for AI stocks generally remain reasonable, while there are certainly bargains to be found.
Let's look at three leading AI stocks that you can buy today while they are in the bargain bin.
Image source: Getty Images.
Nvidia With a forward price-to-earnings P/E ratio of just 16 times fiscal 2028 (ending January 2028) analyst estimates, Nvidia's (NVDA -1.01%) stock is cheap. It has been one of the best growth stories in the market over the past few years, and with AI infrastructure spending set to continue to soar, its rapid growth should continue.
Over the past three years, Nvidia has seen its revenue climb more than tenfold, which is remarkable for a company of its size. The growth is led by its graphics processing units (GPUs), which have become the primary chip used in training AI models. Nvidia's biggest strength, though, is that it has been able to see where the market is going before others.
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The company smartly seeded its CUDA software platform into places doing early AI research, making it the platform on which nearly all early AI code was written, creating a wide moat for itself in the process. It later acquired next-generation networking company Mellanox. Mellanox was a company ahead of its time, and today Nvidia's networking portfolio is one of its fastest-growing and most important businesses. Meanwhile, earlier this year, it "acquired" Groq, which looks like it could be a big differentiator for it in the inference market. This type of forward thinking is one very good reason for buying the stock while it's cheap.
Micron Technology Trading at a forward P/E of 6 times fiscal 2027 (ending August 2027) analyst estimates, Micron Technology's (MU -7.24%) valuation is minuscule. The reason for this is that the memory market has historically been very cyclical, with large boom-and-bust cycles. However, the AI infrastructure build-out has created a memory supercycle, with the big players starting to lock in long-term contracts for the first time.
Micron is one of the big three DRAM (dynamic random access memory) makers, and it derives around 75% of its revenue from DRAM and the rest from NAND (flash). The DRAM market is being driven by surging demand for high-bandwidth memory (HBM), a type of DRAM that gets packaged with GPUs and other AI chips to optimize their performance. With the big three players in the space all focused on HBM and trying to meet surging demand, all DRAM prices have surged, leading to skyrocketing revenue and huge margin gains for Micron.
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Importantly, the supply-demand dynamics driving the market look like they will be here for quite some time. Memory makers need to compete with foundries for the same EUV (extreme ultraviolet lithography) machines, which are needed to manufacture both advanced logic chips, like GPUs, and HBM. And there is only one company that makes these machines, ASML, which limits the ability to rapidly increase capacity. Meanwhile, HBM also requires three times the wafer capacity of ordinary DRAM, further hampering supply. And that's why Micron looks like a bargain buy at these levels.
Amazon E-commerce giant Amazon (AMZN -0.70%) is a pioneer in cloud computing, which is helping drive much of today's AI infrastructure spending. However, investors have become wary of the companies doing the spending, which has left Amazon trading at one of its lowest historical valuations (forward P/E of 23 times 2027 analyst estimates) and well below some of its brick-and-mortar peers.
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However, this is a company seeing accelerating cloud computing growth and having a history of making big investments that pay off. Meanwhile, its custom chip business helps give it a cost advantage. Plus, it has formed major partnerships with leading frontier model companies Anthropic and OpenAI.
On top of that, its e-commerce business has been hitting on all cylinders, with strong operating leverage from its internal investments in robotics and AI. A market leader in two huge segments, this is a stock you want to own for the long term and scoop up while it is still cheap.
The broader market rally coincided with a major development in the global memory-chip industry that could reshape long-term competitive dynamics.
ChangXin Memory Technologies (CXMT), China’s leading DRAM maker, made a blockbuster stock market debut that underscores Beijing’s push to build a domestic memory champion.
While the listing highlights rising competition in commodity memory, analysts believe Micron remains well positioned in the faster-growing AI memory market.
IPO Puts China’s Memory Ambitions In FocusCXMT raised 57.92 billion yuan, or $8.55 billion, after pricing its IPO at 8.66 yuan per share. The stock surged more than 531% to about 54.60 yuan, valuing the DRAM maker at roughly 3.68 trillion yuan and making it China’s most valuable listed company.
The debut highlighted strong investor appetite for Chinese-made memory chips as AI infrastructure demand grows. Morningstar analysts expect CXMT’s global DRAM share to rise to 10% in 2026, supported by AI spending and demand for domestic memory supply.
CXMT could pressure Micron in commodity DRAM, but analysts say the bigger AI memory opportunity still favors Micron’s high-bandwidth memory business.
AI Memory Still Favors MicronMilk Road AI analyst Melvin said concerns over Apple potentially sourcing cheaper DRAM from CXMT may be overstated for Micron.
He said CXMT could pressure commodity DRAM suppliers in products such as phones and PCs, but argued Micron has shifted more of its focus toward premium high-bandwidth memory used in AI data centers.
Melvin said CXMT remains at least one generation behind in HBM and does not yet pose a meaningful threat in the AI memory market.
Technical AnalysisMU is in a clear long-term uptrend, up 727.82% over the past 12 months, and it remains well above its longer-term trend gauges (trading 34.2% above the 100-day SMA and 89.6% above the 200-day SMA).
The shorter-term picture is more mixed, with the stock trading 2.4% below the 20-day SMA and 0.4% below the 50-day SMA—suggesting the recent pullback is still being worked off.
Analyst Consensus: The stock carries a Buy rating with an average price forecast of $1548.86. Recent analyst moves include:
Keybanc: Overweight (Raises Forecast to $1750.00) (July 14) Cantor Fitzgerald: Overweight (Raises Forecast to $2000.00) (June 29) Cantor Fitzgerald: Overweight (Maintains Forecast to $1500.00) (June 25) Top ETF ExposureSignificance: Because MU carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
Price ActionMU Stock Price Activity: Micron Technology shares were up 3.21% at $950.54 during premarket trading on Monday, according to Benzinga Pro data.
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If you bought shares of Sandisk (SNDK -10.79%), Micron (MU -7.24%), and Intel (INTC -8.02%) at the start of 2026, you're a happy investor. The stocks are all up an incredible amount, with Intel coming in last place with 148% gains, Micron in the middle at about 220%, and Sandisk leading the way with about a 500% increase. But there could be more upside in store for some of these stocks.
So, which one makes for the best buy now? Let's find out.
Image source: Getty Images.
Sandisk and Micron are benefiting from a similar story Both Sandisk and Micron are memory chip companies and operate similar businesses. Micron makes both NAND and DRAM memory, with NAND being used for long-term information storage while DRAM memory is used inside computing units for rapid memory access. Sandisk focuses solely on NAND memory and also manufactures several types of storage devices, like solid-state drives (SSDs).
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There is a huge demand for both NAND and DRAM memory thanks to the AI data-center build-out, and memory chips have quickly become the No. 1 bottleneck. This has caused prices to skyrocket during the past year, leading to huge revenue and profit growth for Sandisk and Micron.
MU Revenue (Quarterly YoY Growth) data by YCharts
This effect isn't expected to conclude any time soon, as Micron has told investors it expects the tightness in the memory chip industry to persist beyond 2027. That bodes well for both of these stocks and indicates that they could continue climbing throughout the rest of this year and well into next.
So, just because these two are the top performers of the trio doesn't mean that they can't go higher.
Intel's turnaround is complete, according to the market Intel is a completely different investment from the other two. Intel is undergoing a turnaround, as its process and foundry business have been on a major decline since 2022.
INTC Revenue (TTM) data by YCharts
There has been speculation for years that Intel is shutting its foundry business, at least until the U.S. government stepped in with an investment, and then Nvidia (NVDA -1.01%) followed suit and invested as well. This brought new capital to the foundry business, and it has found a new client: Apple. According to a post from President Donald Trump, Apple has agreed to use some of Intel's foundry capacity, bringing a much-needed client to Intel. Apple is a major, recognizable name in the sector, and if it believes Intel can produce what it wants, then other clients may be attracted to Intel's foundry services as well.
However, with the stock rebounding throughout the year, it's clear that the market has bought into the hype despite the business still struggling. This makes me a bit cautious, as Intel still has to execute on its turnaround even if the stock is already priced as if it has occurred. This is part of the reason Intel trades for 82 times forward earnings, which prices in some execution risk.
Because Intel's stock has had a major move without much business success, I think it's easily in third place among this trio. As for Micron and Sandisk, it's splitting hairs. Both of these companies are benefiting from huge tailwinds and will likely crush the market during the next few years. Between the two, I'll take Sandisk, only because Wall Street analysts project 154% revenue growth for fiscal year 2027 (ending in June). They still expect a rapid 84% growth rate for Micron, but it just isn't enough to compete with Sandisk.
Sandisk and Micron are still solid picks right now, but I'm hesitant to recommend Intel, as it has moved a ton without a lot to show for it.
LEAWOOD, Kan.--(BUSINESS WIRE)--AMC Theatres® (NYSE: AMC), the largest theatrical exhibitor in the United States and the world, today announced that THE ODYSSEY delivered a remarkable second weekend at the box office, helping AMC achieve its most successful IMAX run in AMC's history through the first two weekends of a film's initial release. After opening to a domestic debut of approximately $124.5 million, THE ODYSSEY continued its impressive run at the box office in its second weekend, genera.
TORONTO--(BUSINESS WIRE)--Teladoc Health Canada (Teladoc) has achieved the Accreditation Canada Primer Award, providing independent validation of its commitment to delivering safe, high-quality, and patient-centred virtual and hybrid care for Canadians. As one of the first virtual acute care programs assessed against Accreditation Canada's standard of excellence, Teladoc is helping advance how clinical quality and patient safeguards are evaluated in evolving models of care. The Primer Award rec.
NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ:Z, ZG) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
If you invested in Zillow, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
Key Details of the Zillow ($Z, $ZG) Class Action:
Lead Plaintiff Deadline: August 10, 2026Alleged Misconduct: Securities fraud relating to Zillow’s allegedly anticompetitive agreement with Redfin CorporationLargest Alleged Stock Drop: February 11, 2026 – 16.54% Stock Drop on Class C shares; 17.13% Stock Drop on Class A shares.Court: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights
Investors have until August 10, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Zillow Class C and Class A common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Breidert v. Zillow Group, Inc., et al., No. 26-cv-02016.
Why is Zillow Being Sued for Securities Fraud?
On February 6, 2025, Zillow entered into an agreement with Redfin through which Zillow became the exclusive provider of multifamily rental listings on Redfin’s platform and affiliate websites, including Rent.com. According to the complaint, during the relevant period, Zillow characterized the agreement with Redfin as a “partnership” that would provide Zillow exclusive access to Redfin’s advertising platform.
As alleged, in truth, under the terms of the agreement, Zillow paid Redfin $100 million to stop competing with Zillow, facilitate the transition of its multifamily rental advertising business to Zillow, and close the remainder of its business.
Why did Zillow’s Stock Drop?
On September 30, 2025, the FTC filed a complaint against Zillow and Redfin alleging violations of the federal antitrust laws. According to the FTC complaint, “Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market.” In sum, the FTC alleged, “[t]his agreement is nothing more than an end run around competition on the merits with Redfin for customers…” This news caused the price of Zillow’s Class C and A common stock to decline 4.33% and 4.5%, respectively.
On February 10, 2026, Zillow’s CFO told investors that Zillow experienced increased legal expenses which “will result in approximately 200 basis points headwind to EBITDA margins in Q1.” On this news, the price of Zillow’s Class C and A common stock declined 16.54%, and 17.13%, respectively.
Finally, on May 7, 2026, Reuters reported that a “federal judge rejected [Zillow and Redfin’s] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings.” This news caused the price of Zillow’s Class C and A common stock to decline 1.9% and 1.76%, respectively.
Click here for more information: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
What Can You Do?
If you invested in Zillow, 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.
MercadoLibre (MELI +0.16%) stock has fallen by 31% from its previous peak as Wall Street focuses on near-term margin pressure and intensifying competition. Yet the business continues to expand rapidly in Latin America's e-commerce market, potentially setting the stage for market-beating returns in the next five years.
Its lower margins are not a result of competition, but rather of its higher near-term spending on infrastructure to support growth. This makes the stock a compelling buy for patient investors.
Image source: The Motley Fool.
Building a competitive moat Similar to Amazon in the U.S., MercadoLibre has a structural advantage in Latin America's e-commerce market. It continues to invest in logistics infrastructure to build the most efficient delivery network in one of the world's fastest-growing e-commerce markets.
The growth it continues to report shows a huge opportunity ahead. The number of unique active buyers grew 26% year over year in the first quarter. Gross merchandise volume increased by 36%, with the number of items sold rising by 47%. It does face increasing competition from Asian e-commerce companies like Temu and Shopee, but these numbers show that MercadoLibre's investments to expand free shipping offers and other services are protecting its competitive position.
Investments in its delivery network are driving faster delivery and lowering costs. Unit shipping costs declined 17% year over year in local currency, despite a sharp increase in order volumes. MercadoLibre is benefiting from higher purchase frequency and greater scale and productivity, which points to healthy margins in the long run.
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Growth potential and returns E-commerce is only half the story. MercadoLibre is also a major player in fintech, where its massive volume of marketplace data gives it the ability to make more accurate estimations in its credit underwriting. It has issued 2.7 million credit cards, effectively turning marketplace-only users into financial services customers and creating a powerful growth flywheel.
The stock's latest sell-off reflected the company's sliding profit margin, which fell from 8.3% a year ago to 4.7% in the first quarter. However, the long-term growth opportunity is still quite large. Latin America's retail e-commerce growth was about 1.5 times the global average in 2025, according to eMarketer. E-commerce penetration in Argentina, Brazil, Colombia, Mexico, and Uruguay is less than 10%, suggesting that MercadoLibre can continue to grow for many years.
Despite the opportunity ahead of the company, the stock is trading at its lowest sales- and earnings-based multiples in several years. Analysts expect earnings to grow at an annualized rate of 29% in the coming years. At that rate, MercadoLibre stock could reasonably double in value in five years and potentially outperform the broader market.
Caxton Associates LLP acquired a new position in shares of Occidental Petroleum Corporation (NYSE:OXY – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 12,363 shares of the oil and gas producer’s stock, valued at approximately $804,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Occidental Petroleum by 21.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 10,602,660 shares of the oil and gas producer’s stock worth $436,008,000 after purchasing an additional 1,883,721 shares during the period. Bank of New York Mellon Corp raised its position in Occidental Petroleum by 44.6% in the 1st quarter. Bank of New York Mellon Corp now owns 5,761,082 shares of the oil and gas producer’s stock worth $374,470,000 after purchasing an additional 1,776,922 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Occidental Petroleum by 54.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,959,638 shares of the oil and gas producer’s stock worth $162,820,000 after purchasing an additional 1,393,638 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Occidental Petroleum by 1,029.9% during the third quarter. Wellington Management Group LLP now owns 1,493,747 shares of the oil and gas producer’s stock valued at $70,580,000 after buying an additional 1,361,541 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Occidental Petroleum by 247.0% during the first quarter. Sei Investments Co. now owns 1,734,052 shares of the oil and gas producer’s stock valued at $112,719,000 after buying an additional 1,234,350 shares during the period. Hedge funds and other institutional investors own 88.70% of the company’s stock.
Occidental Petroleum Price Performance OXY opened at $57.32 on Monday. The company has a market capitalization of $57.02 billion, a price-to-earnings ratio of 14.44 and a beta of 0.15. The company has a current ratio of 1.21, a quick ratio of 1.01 and a debt-to-equity ratio of 0.49. Occidental Petroleum Corporation has a 12-month low of $38.80 and a 12-month high of $67.45. The business’s fifty day simple moving average is $54.81 and its 200-day simple moving average is $53.59.
Occidental Petroleum (NYSE:OXY – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas producer reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.46. Occidental Petroleum had a net margin of 19.98% and a return on equity of 9.65%. The company had revenue of $5.11 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue for the quarter was down 8.3% compared to the same quarter last year. On average, equities research analysts anticipate that Occidental Petroleum Corporation will post 5.66 earnings per share for the current fiscal year.
Occidental Petroleum Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, June 10th were issued a $0.26 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $1.04 annualized dividend and a dividend yield of 1.8%. Occidental Petroleum’s payout ratio is currently 26.20%.
Analyst Upgrades and Downgrades Several equities research analysts have recently weighed in on OXY shares. BMO Capital Markets increased their price target on Occidental Petroleum from $60.00 to $65.00 and gave the stock a “market perform” rating in a report on Tuesday, April 7th. Capital One Financial upped their price objective on Occidental Petroleum from $67.00 to $70.00 in a research report on Wednesday, May 27th. Barclays upgraded Occidental Petroleum from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $59.00 to $72.00 in a research note on Tuesday, May 26th. Raymond James Financial lifted their target price on Occidental Petroleum from $64.00 to $75.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Finally, UBS Group cut their price target on shares of Occidental Petroleum from $67.00 to $65.00 and set a “neutral” rating on the stock in a report on Thursday, May 7th. Ten analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $64.17.
Check Out Our Latest Research Report on OXY
Insider Buying and Selling at Occidental Petroleum In other Occidental Petroleum news, CEO Richard A. Jackson acquired 4,770 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average cost of $52.38 per share, for a total transaction of $249,852.60. Following the completion of the purchase, the chief executive officer owned 444,098 shares in the company, valued at approximately $23,261,853.24. This trade represents a 1.09% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.50% of the company’s stock.
Occidental Petroleum Company Profile (Free Report)
Occidental Petroleum Corporation (OXY) is an international energy company engaged primarily in the exploration, production and marketing of oil and natural gas. The company conducts upstream activities to discover and produce hydrocarbons and operates complementary midstream and marketing functions to transport and sell its production. Occidental also owns a chemicals business that manufactures and sells industrial chemicals and related products for a range of end markets.
Occidental’s operations are concentrated in the United States, with a significant presence in the Permian Basin, and it maintains exploration and production activities in several international regions, including parts of the Middle East, Latin America and Africa.
Featured Articles Five stocks we like better than Occidental Petroleum RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding OXY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Occidental Petroleum Corporation (NYSE:OXY – Free Report).
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NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) and certain of the company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
If you invested in Regeneron, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/regeneron-class-action-lawsuit.
Key Details of the Regeneron ($REGN) Class Action:
Lead Plaintiff Deadline: September 14, 2026Alleged Misconduct: Securities fraud alleging that Regeneron misled investors regarding the success of its Phase III Fianlimab-Libtayo clinical trialStock Drop: April 29, 2026 – 6.2% Stock DropMay 15, 2026 – 9.8% Stock Drop Court: U.S. District Court for the Southern District of New YorkAction: Contact BFA Law to discuss your rights Investors have until September 14, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Regeneron securities. The class action is pending in the U.S. District Court for the Southern District of New York. It is captioned Cheathem v. Regeneron Pharm., Inc., et al., No. 26-cv-6026.
Why is Regeneron Being Sued for Securities Fraud?
Regeneron is a pharmaceutical company that discovers, invents, develops, manufactures, tests, and commercializes medicines to treat various disorders.
During the relevant period, Regeneron was investigating Fianlimab, a human monoclonal antibody targeting the LAG-3 immune checkpoint receptor on T-cells. Specifically, Regeneron was testing Fianlimab in combination with Libtayo in a Phase III study to determine whether the drug combination could serve as a first-line treatment for advanced melanoma.
Regeneron told investors that it had “a lot of hope and confidence” that the Phase III trial “can generate a meaningful differentiation against current standards of care.” Further, despite acknowledging that study results had slowed, Regeneron told investors that this was likely because “there was a high level of response and those response[s] are very durable” and that the combination drug was a “potential blockbuster.”
In truth, as alleged, the Phase III Fianlimab-Libtayo study did not achieve statistically significant results.
Why did Regeneron’s Stock Drop?
On April 29, 2026, before market hours, Regeneron announced the Phase III Fianlimab-Libtayo study “will now consider all patients enrolled in the study with a minimum follow-up of 6 months.” This expansion of the study parameters indicated the study did not have enough positive results to achieve statistical significance. This news caused the price of Regeneron stock to decline $45.41 per share, or 6.2%, from a closing price of $731.77 per share on April 28, 2026, to $686.36 per share on April 29, 2026.
Then, on May 15, 2026, after market hours, Regeneron published a press release stating that the Phase III Fianlimab-Libtayo “did not reach statistical significance for the primary endpoint” tested. This news caused the price of Regeneron stock to decline $68.57 per share, or 9.8%, from a closing price of $698.25 per share on May 15, 2026, to $629.68 per share on May 18, 2026.
Click here for more information: https://www.bfalaw.com/cases/regeneron-class-action-lawsuit.
What Can You Do?
If you invested in Regeneron, 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.
SummaryTexas Instruments Incorporated is positioned for margin-accretive growth, driven by robust demand in data center, industrial, and automotive markets.TXN benefits from data center power architecture shifts, manufacturing reshoring, and automation, supporting durable volume and pricing power.I expect operating margins to exceed 50% by eFY28, with strong balance sheet flexibility and capacity to scale production.I reiterate a Strong Buy rating for TXN stock with a $421/share price target at 24.50x eFY27 EV/aEBITDA, citing extended growth runway. afterday/E+ via Getty Images
Texas Instruments Incorporated (TXN) is entering a major inflection point for margin-accretive growth as the data center market continues to grow, driven by increasing demand for compute capacity. With the power infrastructure market showing support for
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of TXN, GEV, CGNX, ROK, SYM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Honeywell Technologies (NASDAQ: HON) today announced it has completed the sale of its Warehouse and Workflow Solutions (WWS) business to American Industrial Partners (AIP) in an all-cash transaction. The business operates commercially under the Intelligrated and Transnorm brands. The divestiture of WWS allows Honeywell Technologies to further focus on its pure-play automation portfolio in the Building, Industrial and Process end markets, and the long-term growt.
Blue Chip Partners LLC trimmed its holdings in shares of Morgan Stanley (NYSE:MS – Free Report) by 5.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,464 shares of the financial services provider’s stock after selling 5,334 shares during the period. Blue Chip Partners LLC’s holdings in Morgan Stanley were worth $16,040,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its position in shares of Morgan Stanley by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock worth $1,607,000 after purchasing an additional 1,185 shares during the period. Main Street Financial Solutions LLC increased its stake in Morgan Stanley by 69.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 8,964 shares of the financial services provider’s stock valued at $1,263,000 after buying an additional 3,661 shares during the period. Diversify Advisory Services LLC increased its stake in shares of Morgan Stanley by 90.9% during the second quarter. Diversify Advisory Services LLC now owns 16,148 shares of the financial services provider’s stock valued at $2,378,000 after acquiring an additional 7,688 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in shares of Morgan Stanley by 6.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 263,575 shares of the financial services provider’s stock valued at $37,127,000 after purchasing an additional 15,623 shares during the period. Finally, Jupiter Wealth Management LLC lifted its holdings in Morgan Stanley by 7.8% in the 2nd quarter. Jupiter Wealth Management LLC now owns 52,825 shares of the financial services provider’s stock valued at $7,805,000 after acquiring an additional 3,807 shares during the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.
Morgan Stanley Stock Down 0.2% Shares of Morgan Stanley stock opened at $214.11 on Monday. Morgan Stanley has a 12 month low of $136.17 and a 12 month high of $232.25. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 3.52. The stock has a market cap of $337.71 billion, a PE ratio of 17.31, a price-to-earnings-growth ratio of 1.53 and a beta of 1.23. The business has a fifty day simple moving average of $213.93 and a 200 day simple moving average of $189.99.
Morgan Stanley (NYSE:MS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $3.46 EPS for the quarter, beating the consensus estimate of $2.89 by $0.57. Morgan Stanley had a net margin of 15.65% and a return on equity of 19.51%. The business had revenue of $21.35 billion for the quarter, compared to analysts’ expectations of $19.67 billion. During the same period in the previous year, the firm posted $2.13 EPS. The firm’s revenue was up 27.1% compared to the same quarter last year. Research analysts predict that Morgan Stanley will post 12.68 EPS for the current year.
Morgan Stanley announced that its board has authorized a share buyback plan on Wednesday, June 24th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the financial services provider to repurchase up to 5.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its stock is undervalued.
Morgan Stanley Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be issued a dividend of $1.15 per share. This is an increase from Morgan Stanley’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend is Friday, July 31st. This represents a $4.60 annualized dividend and a dividend yield of 2.1%. Morgan Stanley’s payout ratio is currently 32.34%.
Analyst Ratings Changes A number of research firms recently commented on MS. Daiwa Securities Group raised their price objective on shares of Morgan Stanley from $175.00 to $198.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 5th. CICC Research increased their target price on shares of Morgan Stanley from $175.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $243.00 target price on shares of Morgan Stanley in a research note on Monday, July 20th. BMO Capital Markets upped their price target on Morgan Stanley from $240.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 17th. Finally, HSBC upped their price target on Morgan Stanley from $190.00 to $215.00 and gave the company a “hold” rating in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $224.50.
View Our Latest Stock Report on MS
More Morgan Stanley News Here are the key news stories impacting Morgan Stanley this week:
Positive Sentiment: Morgan Stanley’s recent earnings results were strong, with the firm beating estimates on both EPS and revenue and posting robust year-over-year growth, which supports the stock’s longer-term fundamental case. Positive Sentiment: The company continues to receive constructive Wall Street commentary, including a “Moderate Buy” consensus and recent bullish analyst coverage tied to its earnings power and capital markets franchise. Positive Sentiment: Recent headlines also pointed to Morgan Stanley’s wealth management unit attracting new assets tied to SpaceX IPO interest, which reinforces the strength of its wealth and investment management businesses. Neutral Sentiment: Several unrelated market stories involving Morgan Stanley analyst calls on other stocks, plus broader AI/capex and earnings-driven volatility across large-cap tech and financials, may be influencing sentiment around MS indirectly. Morgan Stanley Profile (Free Report)
Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.
The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.
Read More Five stocks we like better than Morgan Stanley RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
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Bradley Foster & Sargent Inc. CT decreased its holdings in ServiceNow, Inc. (NYSE:NOW – Free Report) by 43.2% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,897 shares of the information technology services provider’s stock after selling 22,728 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in ServiceNow were worth $3,126,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in NOW. Florida Financial Advisors LLC increased its holdings in shares of ServiceNow by 5.4% in the second quarter. Florida Financial Advisors LLC now owns 273 shares of the information technology services provider’s stock worth $280,000 after buying an additional 14 shares during the period. Clark Capital Management Group Inc. boosted its holdings in ServiceNow by 3.6% during the 3rd quarter. Clark Capital Management Group Inc. now owns 514 shares of the information technology services provider’s stock valued at $473,000 after acquiring an additional 18 shares during the period. American Trust grew its position in ServiceNow by 1.8% during the 3rd quarter. American Trust now owns 1,029 shares of the information technology services provider’s stock worth $947,000 after acquiring an additional 18 shares during the last quarter. Morse Asset Management Inc grew its position in ServiceNow by 0.5% during the 2nd quarter. Morse Asset Management Inc now owns 3,488 shares of the information technology services provider’s stock worth $3,586,000 after acquiring an additional 19 shares during the last quarter. Finally, CYBER HORNET ETFs LLC increased its stake in ServiceNow by 3.7% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 567 shares of the information technology services provider’s stock worth $522,000 after purchasing an additional 20 shares during the period. Hedge funds and other institutional investors own 87.18% of the company’s stock.
Analyst Upgrades and Downgrades A number of analysts have recently weighed in on NOW shares. Stifel Nicolaus dropped their price objective on ServiceNow from $135.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, April 23rd. BTIG Research reaffirmed a “buy” rating and issued a $150.00 target price on shares of ServiceNow in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft lowered their price target on shares of ServiceNow from $180.00 to $135.00 and set a “buy” rating for the company in a report on Thursday, April 16th. Wells Fargo & Company dropped their price target on shares of ServiceNow from $185.00 to $160.00 and set an “overweight” rating for the company in a research report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. raised their price target on shares of ServiceNow from $145.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $143.39.
Check Out Our Latest Research Report on NOW
Trending Headlines about ServiceNow Here are the key news stories impacting ServiceNow this week:
Positive Sentiment: ServiceNow’s Q2 results showed robust growth, with revenue up about 24% year over year and subscription revenue accelerating, reinforcing that demand for its platform remains strong. Article Title Positive Sentiment: Management raised guidance and highlighted AI momentum, including AI contract value topping $1 billion and expanding enterprise adoption, which supports the case for continued growth. Article Title Positive Sentiment: Several analysts raised or reaffirmed bullish ratings and price targets after earnings, reflecting renewed confidence in ServiceNow’s outlook and valuation upside. Article Title Positive Sentiment: New partnerships and channel expansions, including deals with Experian, TeamViewer, and Exclusive Networks, suggest broader adoption of ServiceNow’s AI and cybersecurity offerings. Article Title Neutral Sentiment: Investors are also watching mixed signals from insider and institutional trading, with some large funds trimming positions even as others add shares; this appears more like portfolio rebalancing than a clear fundamental warning. Article Title Negative Sentiment: Despite the earnings beat, some commentary says the stock’s rally may be vulnerable if AI disruption fears return, especially around usage-based pricing and long-term software demand. Article Title Insider Activity at ServiceNow In other ServiceNow news, Director Paul Edward Chamberlain sold 1,500 shares of ServiceNow stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $87.23, for a total transaction of $130,845.00. Following the sale, the director directly owned 44,930 shares of the company’s stock, valued at approximately $3,919,243.90. The trade was a 3.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anita M. Sands sold 16,445 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $90.14, for a total value of $1,482,352.30. Following the transaction, the director owned 30,090 shares in the company, valued at $2,712,312.60. This trade represents a 35.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 19,144 shares of company stock worth $1,730,097 over the last 90 days. 0.34% of the stock is owned by company insiders.
ServiceNow Price Performance Shares of ServiceNow stock opened at $98.77 on Monday. The business has a 50 day moving average of $104.77 and a 200 day moving average of $107.42. ServiceNow, Inc. has a 52 week low of $81.24 and a 52 week high of $201.15. The company has a market cap of $102.13 billion, a PE ratio of 61.73, a P/E/G ratio of 1.67 and a beta of 0.96. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.43.
ServiceNow (NYSE:NOW – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The information technology services provider reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.04. ServiceNow had a net margin of 11.34% and a return on equity of 16.45%. The business had revenue of $3.99 billion for the quarter, compared to the consensus estimate of $3.93 billion. During the same period in the previous year, the firm earned $0.81 EPS. The company’s quarterly revenue was up 24.0% compared to the same quarter last year. As a group, equities research analysts forecast that ServiceNow, Inc. will post 2.33 earnings per share for the current year.
ServiceNow Company Profile (Free Report)
ServiceNow (NYSE: NOW) is a cloud computing company that builds enterprise software to manage digital workflows and automate business processes. Its offerings are designed to replace manual work and legacy systems with cloud-based, service-oriented applications that support IT operations, customer service, human resources, security response and other enterprise functions.
The company’s flagship product family is the Now Platform, a suite of subscription software and platform services that includes IT Service Management (ITSM), IT Operations Management (ITOM), IT Business Management (ITBM), Customer Service Management (CSM), HR Service Delivery, Security Operations and Asset Management.
Further Reading Five stocks we like better than ServiceNow RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding NOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ServiceNow, Inc. (NYSE:NOW – Free Report).
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SAN DIEGO, July 27, 2026 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Intuit Inc. (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026, inclusive (the “Class Period”), have until September 8, 2026 to seek appointment as lead plaintiff of the Intuit class action lawsuit. Captioned Baldwin v. Intuit Inc., No. 26-cv-07086 (N.D. Cal.), the Intuit class action lawsuit charges Intuit as well as certain of Intuit’s top executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Intuit class action lawsuit, please provide your information here:
You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].
CASE ALLEGATIONS: Intuit provides financial management, payments and capital, compliance, and marketing products and services.
The Intuit class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) they had overstated Intuit’s competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (ii) in reality, Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, among other things, increasing competitive and pricing pressures; and (iii) accordingly, Intuit’s previously issued 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic.
On May 20, 2026, during pre-market hours, Reuters published an article entitled “Intuit to cut 17% of global jobs to streamline operations, memo shows,” allegedly reporting that Intuit “is laying off about 17% of its workforce, or about 3,000 employees worldwide.” On this news, the price of Intuit stock dropped nearly 4%, according to the complaint.
Later that day, during post-market hours, Intuit issued a press release announcing its fiscal third quarter 2026 results, allegedly reporting weak Q3 2026 tax season revenue, including that TurboTax revenue grew by only 7% year-over-year versus consensus estimates of at least 8% revenue growth. The Intuit class action lawsuit further alleges that on an accompanying conference call that day, Sasan K. Goodarzi, Intuit’s Chairman and CEO, disclosed that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.” On this news, the price of Intuit stock dropped over 20%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Intuit securities during the Class Period to seek appointment as lead plaintiff in the Intuit class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Intuit class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Intuit class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Intuit class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Intuit To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Intuit between August 22, 2025 and May 20, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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New York, New York--(Newsfile Corp. - July 27, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Intuit Inc. ("Intuit" or the "Company") (NASDAQ: INTU) and reminds investors of the September 8, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) they had overstated Intuit's competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (2) in reality, Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, inter alia, increasing competitive and pricing pressures; (3) accordingly, Intuit's previously issued FY 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.
On May 20, 2026, Intuit released its fiscal Q3 2026 financial results, which included its 2026 tax season revenue. Intuit stated that it "did not have the overall tax season we expected" and that it "faced pressure among the most price-sensitive DIY filers." Intuit said that "[w]e [lost] on price," and revealed that the Company needed to evolve its business model by delivering the right lineup and price points to meet simple filers' needs at the low end. Intuit also announced that TurboTax online paying units were expected to grow by only 2% as total IRS filers were expected to decline by approximately 30 basis points, representing the "most significant industry-wide contraction since the post-COVID tax season."
On this news, Intuit's stock price fell $76.86 per share, or 20.02%, to close at $307.07 per share on May 21, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Intuit's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Intuit class action, go to www.faruqilaw.com/INTU or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Intuit Securities Class Action Lawsuit:
What is the Intuit securities fraud lawsuit about?
The lawsuit alleges Intuit misled investors by overstating TurboTax growth, competitive strength, and FY2026 guidance while failing to disclose increasing pricing and competitive pressures.
Who may be eligible to participate in the lawsuit?
Investors who purchased Intuit (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026 may be eligible if they suffered losses.
What is a lead plaintiff, and how can I seek appointment?
A lead plaintiff represents the proposed class. Eligible investors must file a motion with the court by September 8, 2026. Participation does not require serving as lead plaintiff.
What should investors do if they purchased Intuit stock during the Class Period?
Investors should review their transactions and consider consulting counsel regarding their legal rights, participation in the lawsuit, or seeking lead plaintiff status.
Why should investors contact Faruqi & Faruqi, LLP?
Faruqi & Faruqi has represented investors since 1995 and recovered hundreds of millions of dollars. The firm offers free evaluations of potential securities fraud claims.
Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Intuit securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306520
Source: Faruqi & Faruqi LLP
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Bittensor (TAO) experienced a modest gain on Monday, July 27, 2026, yet technical signals suggest weakening momentum after the token failed to overcome a significant resistance level. This development raises the possibility of a deeper pullback unless buying pressure returns swiftly and decisively.
TAO struggles after failed resistance breakTAO is currently trading at $197.24, reflecting a 3.11% increase over the last 24 hours. Market activity has intensified, with trading volume posting a notable 51.87% surge to $99.38 million. Over the previous week, TAO’s price saw only a slight increase of 0.47%, according to CoinMarketCap.
Market analysts are observing a struggle for TAO after its breakout attempt above the $214 resistance failed. The unsuccessful effort triggered a decline, though the token avoided sliding to its next major support at $167.43.
CryptoTXG observed that TAO could revisit the $167.43 support level following its inability to sustain a move above $214. The analyst emphasized the importance of reclaiming $214 to reverse current downside risks.
The short-term market outlook remains cautious. CoinCodex, a digital asset prediction platform, forecasts a 25.02% fall for TAO over the next month, targeting $147.09 as the potential bottom by the period’s end.
If this forecast is realized, TAO would significantly underperform its current price range, suggesting broader uncertainty among traders.
MetricCurrent ValueSupport/Resistance1-Month ProjectionTAO price$197.24$167.43 / $214$147.0924h volume$99.38 million——Technical indicators and trading signalsCoinGlass analytics show that TAO futures volume climbed by 21.07% to $220.69 million, while open interest dropped by 9.80% to $255.48 million. The OI-weighted funding rate held at a positive 0.0006%. This pattern—higher volume alongside lower open interest—can indicate increased short-term activity without strong conviction for longer positions.
TradingView charts highlight that TAO is trading below key short-term exponential moving averages (EMAs). The 20-day EMA is recorded at $200.30, and the 50-day EMA at $214.10. Both indicators remain above the current price, with differences of $2.90 and $16.70, respectively.
On a longer-term basis, the 100-day EMA stands at $229.10, and the 200-day EMA at $247.60, both exceeding TAO’s current level. The sequence of ascending EMAs suggests a broader uptrend remains intact, despite the recent dip.
Bollinger Bands data presents a middle band at $200.50, an upper band at $214.80, and a lower band at $186.10. TAO is now $3.10 below the middle band, $17.40 beneath the upper band, and $11.30 above the lower band, indicating its position within a compressed trading range.
The current price action and technical indicators point to shrinking bullish momentum for TAO with rising caution among traders following the failed breakout attempt.
Bittensor is a decentralized machine learning protocol that incentivizes the creation and sharing of artificial intelligence models using blockchain technology. Its native token, TAO, is used for governance, staking, and rewards within the network.
Mini dictionary: Bollinger Bands, a technical indicator consisting of three lines (upper, middle, and lower bands) plotted relative to a security’s price. They measure price volatility and help identify overbought or oversold conditions.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bittensor’s native token TAO is experiencing declining momentum after failing to break a critical resistance level, raising concerns about a possible pullback. The technical setup suggests that unless buyers reassert control and drive TAO above the key level, a further downturn could unfold.
TAO Struggles at Resistance, Analyst Sees Risk of PullbackTAO is currently trading at $197.24, a 3.11% gain over the last 24 hours, with trading volume surging by 51.87% to $99.38 million. Despite this short-term uptick, over the past week, the price has risen only 0.47%, according to CoinMarketCap.
Market observers note that the token encountered heavy rejection at the $214 resistance level. Analyst CryptoTXG emphasized the significance of this failed breakout, which led TAO lower. The price eventually stabilized before reaching the $167.43 support, but the analyst expects that this level will likely be tested unless the token regains momentum.
CoinCodex projects a further decline for TAO, forecasting a 25.02% drop over the next 30 days to $147.09. This outlook reflects concerns about weaker short-term momentum and the possibility of continued selling.
Analysts highlight that TAO must recover the $214 level to reduce the risk of deeper losses. Should buyers fail to drive the price above this resistance, the likelihood of a pullback becomes increasingly probable.
The current technical outlook is reinforced by trading data from platforms like CoinGlass, which reports a 21.07% increase in futures volume to $220.69 million, while open interest fell 9.80% to $255.48 million. The OI-weighted funding rate remains slightly positive at 0.0006%, suggesting some optimism among traders despite recent volatility.
Technical Indicators Point to CautionTradingView analysis indicates that TAO is trading below the short-term exponential moving averages (EMAs), with the 20-day EMA at $200.30 and the 50-day EMA at $214.10. The token also lags behind the 100-day and 200-day EMAs, which are set at $229.10 and $247.60, respectively. These moving averages form an ascending sequence, yet all remain above the current price, signaling continued bearish pressure.
Bollinger Bands data shows a middle band at $200.50, with the upper and lower bands at $214.80 and $186.10. TAO is now trading $3.10 below the middle band and $17.40 below the upper band, while remaining $11.30 above the lower band. This positioning within the bands further suggests that market momentum favors the downside as long as resistance levels hold.
Given these technical patterns, many traders are closely watching for either a decisive rebound or confirmation of a deeper correction. Monitoring market developments and key support levels remains crucial for participants.
For those seeking to diversify or protect their portfolios during uncertain market conditions, platforms such as 1stepSwap now offer streamlined access to traditional assets through blockchain. By allowing users to hold shares of major U.S. companies and commodities directly in their wallets, and by identifying the best available market prices for transactions, 1stepSwap enables quick and efficient buying or selling of global assets without complex procedures or intermediaries.
Market volatility remains a defining characteristic of the crypto sector. Investors are advised to stay informed and adjust strategies as the technical outlook evolves.
CoinCodex forecasts that TAO could reach $147.09 by the end of 30 days, projecting a significant pullback from current levels if current trends persist.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bittensor (TAO) is under pressure following a failed attempt to break above a significant resistance level, prompting concerns about a potential deeper retracement. The token shows signs of weakening momentum at the start of the week, with key support levels coming into focus for traders and analysts alike.
Sliding momentum raises possibility of further lossesAs of Monday, Bittensor (TAO) is trading at $197.24, up 3.11% in the past 24 hours. Daily trading volume has jumped 51.87% to reach $99.38 million. While the weekly gain stands at a modest 0.47%, recent price movements suggest instability around current levels.
Price projections from CoinCodex anticipate a 25.02% decline over the next month, with a target of $147.09 for the TAO token. These forecasts highlight caution for the near term, signaling a risk of the price moving well below current levels if buyers fail to assert control.
Current PriceProjected 30-Day PricePercentage Change$197.24$147.09-25.02%Analyst CryptoTXG has stated that TAO recently failed to clear a resistance level at $214, suffering a strong rejection and triggering a downward move. Despite the drop, the pullback halted above a critical support at $167.43.
The $167.43 support is expected to be retested, and the token needs to reclaim $214 to avoid further losses. If TAO cannot break above this resistance, a renewed pullback appears likely.
Technical signals reinforce downside riskData from CoinGlass shows that futures volume increased by 21.07% to $220.69 million, while open interest dropped by 9.80% to $255.48 million. The OI-weighted funding rate is slightly positive at 0.0006%. The rise in trading activity alongside a decline in open positions points to a cautious sentiment in the derivatives market.
Short-term technical signals reveal that TAO is trading below key exponential moving averages (EMAs). The 20-day EMA is at $200.30, and the 50-day EMA stands at $214.10, both above the current price. The 100-day and 200-day EMAs, at $229.10 and $247.60 respectively, are positioned even higher and form an ascending sequence, underlining broader upward momentum that has stalled in the short run.
EMALevelDifference from Current Price20-day$200.30+$3.0650-day$214.10+$16.86100-day$229.10+$31.86200-day$247.60+$50.36Bollinger Bands provide further context, with the middle band at $200.50, the upper band at $214.80, and the lower band at $186.10. TAO is currently $3.10 below the middle band and $11.30 above the lower band, while trailing $17.40 below the upper band.
Bittensor is an open-source protocol focused on decentralized artificial intelligence (AI) and machine learning, designed to enable a global peer-to-peer neural network. The TAO token powers its network and incentivizes participants contributing computational resources and models.
Mini dictionary: Bollinger Bands (BB), a technical analysis indicator that plots volatility bands above and below a moving average, helping traders identify overbought and oversold conditions.
If momentum continues to weaken and resistance levels remain unbroken, TAO could face a significant pullback toward lower support levels in the coming weeks.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bittensor’s native token TAO is showing signs of weakening momentum after failing to overcome key resistance levels. As of July 27, 2026, TAO trades at $197.24, reflecting a 3.11% gain in the last 24 hours. The token’s trading volume has surged by 51.87% to $99.38 million, while its weekly price performance edges up 0.47%, according to CoinMarketCap.
Price forecast: Downside scenario in focusAnalytics platform CoinCodex projects that TAO could decline by 25.02% within the next month, targeting $147.09 by the end of the 30-day period. The platform’s outlook suggests persistent short-term weakness for Bittensor unless bullish momentum returns quickly.
Should this scenario play out, TAO would fall well below both current market price and recent short-term support zones.
TAO risks a deeper pullback after failing to surpass key resistance. Unless buyers regain momentum quickly, a possible drop toward $147 may unfold, based on projections by CoinCodex.
Failed breakout prompts support retestCryptoTXG, a market analyst, highlighted that TAO was rejected at the $214 resistance, stalling its breakout attempt. Following this rejection, the token’s decline halted before touching the $167.43 support level.
The analyst indicated $167.43 as a crucial level. Recovery above $214 remains critical for TAO to avoid further downside, according to CryptoTXG. If TAO fails to regain these levels, the risk of a renewed pullback increases.
Bittensor (TAO) operates as the utility token for a decentralized machine learning protocol, rewarding users for contributing computational resources and AI models.
Mini dictionary: Exponential moving average (EMA), a trend-following technical indicator that smooths price fluctuations, often used to gauge momentum and support/resistance zones in cryptocurrency trading.
Technical analysis: Indicators remain bearishCoinGlass data shows TAO futures volume up 21.07% to $220.69 million, while open interest fell 9.80% to $255.48 million. The open interest weighted (OI-weighted) funding rate remained slightly positive at 0.0006%.
Rising trading volume alongside falling open interest signals heightened activity, but may also reflect short-covering or risk reduction under uncertain conditions.
Technical indicators on TradingView reveal that TAO trades below its main short-term exponential moving averages. The 20-day EMA stands at $200.30 and the 50-day EMA at $214.10, with current price levels trailing by $2.90 and $16.70, respectively. The 100-day and 200-day EMAs, at $229.10 and $247.60, continue to form a bullish ascending sequence, but both remain above the current spot price.
IndicatorCurrent ValueTAO Price Difference20-day EMA$200.30-$2.9050-day EMA$214.10-$16.70100-day EMA$229.10-$31.86200-day EMA$247.60-$50.36Bollinger Bands currently show the middle band at $200.50, the upper band at $214.80, and the lower band at $186.10. TAO trades $3.10 below the middle band and $11.30 above the lower band, while remaining $17.40 under the upper boundary.
Ongoing rejection near resistance and bearish technical alignment suggest TAO could face additional downside unless renewed buying pressure leads to a clear breakout above short-term averages.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bittensor (TAO) experienced reduced upward momentum on Monday, July 27, 2026, as the cryptocurrency failed to overcome a crucial resistance point and faced renewed selling pressure. The asset’s inability to retake this level has increased the likelihood of a more significant pullback in the days ahead.
Bittensor Price Performance and Market ActivityAs of publication, TAO trades at $197.24, reflecting a 3.11% rise over the past 24 hours. Trading volume registered a significant 51.87% increase, reaching $99.38 million, signaling elevated activity among buyers and sellers. Over the previous week, the price advanced a modest 0.47%, data from CoinMarketCap shows.
Despite this incremental weekly gain, technical factors point toward increased downside risk for Bittensor in the short term. CoinCodex forecasts that TAO may decrease 25.02% over the next 30 days, projecting the token could reach $147.09 by the end of that period. Such a move would leave TAO trading well below its current price level.
CoinCodex expects weaker momentum for TAO, estimating a significant drop to $147.09 within the next month if bearish conditions persist. The platform highlights a cautious one-month scenario amid the current price action.
Analyst CryptoTXG highlighted that TAO failed to breach resistance at $214 and faced a forceful rejection, triggering a subsequent pullback. Despite this, the retracement halted before reaching the $167.43 support area.
Technical Signals Indicate Cautious OutlookAccording to CryptoTXG, the $167.43 support remains a critical level. The analyst suggests that regaining momentum above $214 could reduce the risk of deeper losses, but the likelihood of a continued pullback increases if TAO remains below this threshold.
CoinGlass data reveals that futures trading volume has surged by 21.07% to total $220.69 million, while open interest dropped 9.80% to $255.48 million. The OI-weighted funding rate remains slightly positive at 0.0006%. This pattern of rising volume coupled with declining open interest and marginally positive funding suggests a short-term shift in sentiment.
Looking at key moving averages, the 20-day EMA sits at $200.30 and the 50-day EMA at $214.10, both above the present TAO price. The 100-day and 200-day EMAs are positioned at $229.10 and $247.60, respectively, maintaining an upward sequence across these timeframes but remaining beyond the asset’s current value.
Bollinger Bands data locates the middle band at $200.50, with upper and lower bands at $214.80 and $186.10. TAO trades $3.10 under the middle band and $11.30 above the lower band, while still standing $17.40 below the upper boundary, underscoring continued price compression within a narrowing range.
With momentum indicators favoring further monitoring, investors are increasingly relying on flexible cryptocurrency portfolio management tools to stay ahead of market movements. Solutions like CryptoAppsy integrate real-time prices, advanced charts, and multi-currency tracking into a single dashboard. Users can set instant price alerts, filter news for specific tokens, and monitor new altcoin listings as they appear, all supported by timely macroeconomic updates such as Federal Reserve interest rate changes.
TradingView charts confirm that TAO continues to move below the short-term EMAs, reinforcing the cautious near-term outlook forecasted by technical analysts. Volume and price action point towards a potential retest of lower support unless the trend reverses decisively.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bittensor [TAO] is approaching a decisive moment as weeks of selling pressure begin to lose momentum. Since peaking near $292.2 in late June, the token has steadily retreated. However, each successive decline has become less aggressive.
That slowdown has formed a falling wedge, a pattern that often reflects weakening bearish conviction rather than fresh selling pressure. Consequently, at press time, TAO traded around $198.3, as it nears the pattern’s apex near the critical $182.5 support.
Buyers have defended that level several times since January, making it the foundation of the current structure. Meanwhile, the failure to reclaim $244.7 has kept the overall trend biased towards the sellers, as that previous support has turned into solid resistance.
Source: TAO/USDT on TradingView Additionally, momentum indicators show the bearish trend is waning. At the time of writing, the RSI has rebounded to 45.23 but still hasn’t reached the price’s recent lows. This shift indicates a reduction in selling momentum below the surface.
Notably, the MACD reinforces this view. While both lines of the MACD continued to converge on the zero line, the histogram has made a slight positive turn. Despite that, volume remains very light compared to what was seen during the sharp sell-off that occurred in mid-July.
That lack of follow-through suggests sellers are no longer entering with the same conviction. Therefore, a breakout above the wedge and a reclaim of $244.7 would likely confirm a bullish reversal and expose $292.2.
Yet, losing $182.5 would invalidate the setup and shift momentum back toward the February low near $150.
Do the latest upgrades support TAO’s recovery? While the technical setup suggests selling pressure is fading, Bittensor’s latest upgrades strengthen the network’s long-term foundation. Previously, subnet owners could secure their position with a one-time commitment, making it harder for new participants to compete.
Source: Bittensor.com The new conviction mechanism changes that by rewarding users who keep their TAO locked over longer periods. It also allows committed challengers to replace inactive subnet owners after a year.
As a result, operators must continue contributing instead of relying on an early advantage. Meanwhile, Spec 437 reduces miners’ upfront costs by locking part of the registration fee instead of burning it completely.
Miners can recover those locked tokens only by remaining active and earning rewards. This approach encourages continuous participation but deters spam and short-term speculation.
All in all, if these upgrades increase demand, it could be enough to provide the demand needed to break above the resistance zone of $205-$220.
HSBC strategists see EUR/USD at risk of moving lower as the European Central Bank (ECB) maintains a cautious, data-dependent stance and refrains from signalling further rate hikes. They note that Euro (EUR) support from higher yields is fragile, while weak eurozone growth, rising energy costs and deteriorating terms of trade could increasingly weigh on the Euro against the US Dollar (USD).
Euro support seen as increasingly fragile"On 23 July, the European Central Bank (ECB) held rates at 2.25% and reiterated a data-dependent, meeting-by-meeting stance."
"This message underwhelms and weakens support for EUR/USD."
"EUR/USD has been remarkably stable over the last month propped up by higher yields as markets mark up inflation and tightening expectations in response to rising energy prices."
"But that’s a fragile kind of support and only lasts as long as the ECB is perceived as prepared to deliver."
"Without a firmer commitment to support interest rates, we think EUR/USD is likely weaken as investors refocus on growth downside and terms-of-trade risks."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
Almost 70% of the Nasdaq-100 index's value is occupied by technology stocks, which is why it tends to outperform the more diversified S&P 500. However, it can also be more volatile during periods of uncertainty, and it's currently down 8% from its recent peak as investors trim their exposure to the high-flying artificial intelligence (AI) trade.
But for investors who believe in AI's long-term potential, this could be a great buying opportunity. Picking winners and losers won't be easy, so it might be a better idea to consider an exchange-traded fund (ETF) like the Roundhill Generative AI and Technology ETF (CHAT -4.40%), which holds 52 of the AI industry's fastest-growing stocks.
The ETF is currently down 20% from its record high amid the broader tech sell-off, and investors can now scoop up a single share for under $85.
Image source: Getty Images.
Loaded with AI leaders The Roundhill Generative AI and Technology ETF exclusively invests in companies developing the platforms, software, and infrastructure driving the AI revolution forward. It's an actively managed fund, meaning a team of portfolio managers carefully selects the stocks that they believe will deliver the best returns. It differs from a passive fund, which simply mimics the holdings of an index like the Nasdaq-100 or the S&P 500.
Active funds have the freedom to invest aggressively in stocks that are working and quickly trim those that aren't, which can be a recipe for exceptional returns. Despite holding 52 different stocks, the top five positions in the Roundhill ETF account for 24% of the total value of its portfolio -- and they have been five of the best-performing names in the AI industry over the last few years.
Stock
Roundhill ETF Portfolio Weighting
1. Nvidia (NVDA -1.01%)
6.61%
2. Alphabet (GOOG +0.21%)(GOOGL +0.58%)
5.30%
3. Broadcom (AVGO -2.88%)
4.22%
4. SK Hynix (SKHY -8.83%)
4.15%
5. Advanced Micro Devices (AMD -3.54%)
3.71%
Data source: Roundhill Investments. Portfolio weightings are accurate as of July 26, 2026, and are subject to change.
Although Nvidia stock is having a forgettable 2026, with a return of just 10% so far, it's up more than tenfold since the AI boom started gathering momentum in early 2023. The stock is actually cheap right now, paving the way for more potential upside as demand continues to outstrip supply for the company's data center graphics processing units (GPUs), which are the industry's best chips for AI training and inference workloads.
Broadcom and AMD are both competing with Nvidia in the data center chip market. Alphabet is another emerging supplier in this space, after it recently agreed to start selling its Tensor Processing Units (TPUs) to other businesses. It uses these chips internally to train its Gemini models, which underpin the growing list of AI-powered features in its Google Search platform.
Korea-based SK Hynix is one of the world's largest suppliers of high bandwidth memory (HBM), which is a key component in the AI data center hardware stack. It competes with America's Micron Technology, which is also in the Roundhill ETF. Shares of SK Hynix and Micron have delivered blistering year-to-date returns of 160% and 190%, respectively.
Other AI infrastructure stocks, such as Samsung Electronics and ASML Holdings, are also in this ETF, as are AI cloud and software powerhouses like Amazon and Microsoft.
Despite its recent decline, the Roundhill ETF is performing very well The Roundhill ETF might be down 20% from its recent peak, but it's still boasting a year-to-date gain of 40% in 2026. The fund has now returned a whopping 220% since it was established in May 2023, more than doubling the return of the Nasdaq-100 over the same period.
NYSEMKT: CHATTidal Trust II - Roundhill Generative Ai & Technology ETF
Today's Change
(
-4.40
%) $
-3.81
Current Price
$
82.86
However, past performance isn't always a reliable indicator of future results, and we can't draw many conclusions from such a short track record. The resilience of this Roundhill ETF hasn't been tested, as the AI industry has yet to hit a major speed bump despite recent volatility. Given its highly concentrated portfolio, I would expect the fund to suffer very steep losses if there is a prolonged downturn in AI stocks.
As a result, investors should avoid putting all of their eggs in one basket. This ETF should only be added to a diversified portfolio of other funds and individual stocks that don't already have a high degree of exposure to the technology sector.
Finally, cost is another important consideration. The Roundhill ETF has an expense ratio of 0.75%, meaning an investment of $10,000 would incur an annual fee of $75. That doesn't sound like much, but it's 25 times higher than what an investor would pay to own an index fund like the Vanguard S&P 500 ETF, which has an expense ratio of just 0.03%. This is a good argument for using a small position size.
Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, Alphabet, Amazon, Broadcom, Micron Technology, Microsoft, Nvidia, and Vanguard S&P 500 ETF. The Motley Fool has a disclosure policy.
Gabelli Funds LLC boosted its position in shares of The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 184.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 133,437 shares of the financial services provider’s stock after buying an additional 86,557 shares during the period. Gabelli Funds LLC’s holdings in Charles Schwab were worth $12,540,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHW. State Street Corp increased its holdings in shares of Charles Schwab by 1.0% in the 3rd quarter. State Street Corp now owns 73,156,290 shares of the financial services provider’s stock valued at $6,984,231,000 after acquiring an additional 691,671 shares during the period. Geode Capital Management LLC grew its position in Charles Schwab by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 37,667,640 shares of the financial services provider’s stock worth $3,747,646,000 after purchasing an additional 98,242 shares during the last quarter. Franklin Resources Inc. grew its position in Charles Schwab by 0.3% during the 4th quarter. Franklin Resources Inc. now owns 30,184,369 shares of the financial services provider’s stock worth $3,015,720,000 after purchasing an additional 78,020 shares during the last quarter. Primecap Management Co. CA increased its stake in Charles Schwab by 9.7% in the fourth quarter. Primecap Management Co. CA now owns 23,276,071 shares of the financial services provider’s stock valued at $2,325,512,000 after purchasing an additional 2,066,884 shares during the period. Finally, Fisher Asset Management LLC increased its stake in Charles Schwab by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 21,818,514 shares of the financial services provider’s stock valued at $2,179,888,000 after purchasing an additional 171,926 shares during the period. Hedge funds and other institutional investors own 84.38% of the company’s stock.
Wall Street Analysts Forecast Growth SCHW has been the subject of a number of research reports. Wolfe Research reaffirmed an “outperform” rating and issued a $127.00 target price on shares of Charles Schwab in a report on Tuesday, July 21st. Jefferies Financial Group dropped their price target on Charles Schwab from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Barclays upped their price objective on Charles Schwab from $122.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Citigroup reaffirmed a “market outperform” rating on shares of Charles Schwab in a research report on Wednesday. Finally, Piper Sandler set a $118.00 target price on Charles Schwab in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $119.76.
Read Our Latest Stock Analysis on SCHW
Insider Activity at Charles Schwab In other news, Director Frank C. Herringer sold 2,520 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total value of $228,312.00. Following the completion of the sale, the director directly owned 177,508 shares of the company’s stock, valued at $16,082,224.80. This trade represents a 1.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jonathan S. Beatty sold 2,000 shares of Charles Schwab stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $100.01, for a total value of $200,020.00. Following the completion of the sale, the insider owned 13,738 shares in the company, valued at approximately $1,373,937.38. This trade represents a 12.71% 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. Insiders have sold a total of 6,520 shares of company stock worth $622,392 in the last quarter. 6.30% of the stock is currently owned by insiders.
More Charles Schwab News Here are the key news stories impacting Charles Schwab this week:
Positive Sentiment: Schwab announced a quarterly common stock dividend of $0.32 per share, along with preferred stock dividends, reinforcing its capital-return story for income-focused investors. Schwab Declares Quarterly Common Stock Dividend and Declares Preferred Stock Dividends Positive Sentiment: Argus raised its price target on SCHW to $114 from $108 and kept a buy rating, signaling confidence in further upside. Argus raises Charles Schwab price target Positive Sentiment: Schwab was added to Zacks’ “Best Income Stocks to Buy” list, suggesting investors continue to view the company as an attractive income and quality financial-services name. Best Income Stocks to Buy for July 23rd Positive Sentiment: Recent coverage highlighted Schwab’s “dual beats” in its latest quarter, with earnings and revenue both coming in above expectations, adding to the bullish case after the July 21 report. Charles Schwab: Dual Beats And Attractive Preferreds Neutral Sentiment: Schwab also received media attention for its call for the CLARITY Act to pass, framing crypto regulation as a potential long-term industry catalyst, though the timing remains uncertain. Charles Schwab Calls CLARITY Act a Fundamental Catalyst Charles Schwab Stock Down 0.1% SCHW stock opened at $101.92 on Monday. The stock has a market capitalization of $177.25 billion, a PE ratio of 18.53, a price-to-earnings-growth ratio of 0.83 and a beta of 0.77. The company has a fifty day moving average of $93.93 and a 200-day moving average of $95.33. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The Charles Schwab Corporation has a one year low of $83.96 and a one year high of $107.50.
Charles Schwab (NYSE:SCHW – Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.06. The business had revenue of $7.07 billion for the quarter, compared to analyst estimates of $6.90 billion. Charles Schwab had a net margin of 38.79% and a return on equity of 24.73%. The business’s revenue was up 20.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.14 earnings per share. As a group, analysts expect that The Charles Schwab Corporation will post 6.43 EPS for the current year.
Charles Schwab Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 14th. Charles Schwab’s payout ratio is currently 23.27%.
Charles Schwab Profile (Free Report)
Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.
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Entropy Technologies LP acquired a new stake in First Majestic Silver Corp. (NYSE:AG – Free Report) (TSE:FR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 120,702 shares of the mining company’s stock, valued at approximately $2,593,000.
Other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada boosted its position in First Majestic Silver by 77.4% in the first quarter. Royal Bank of Canada now owns 604,186 shares of the mining company’s stock valued at $4,042,000 after buying an additional 263,688 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in First Majestic Silver by 355.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,193,589 shares of the mining company’s stock worth $7,985,000 after buying an additional 931,690 shares during the last quarter. Geode Capital Management LLC raised its position in First Majestic Silver by 12.4% during the 2nd quarter. Geode Capital Management LLC now owns 240,083 shares of the mining company’s stock worth $1,994,000 after buying an additional 26,553 shares during the last quarter. Creative Planning lifted its stake in First Majestic Silver by 25.3% during the 2nd quarter. Creative Planning now owns 28,837 shares of the mining company’s stock valued at $238,000 after acquiring an additional 5,828 shares during the period. Finally, Franklin Resources Inc. lifted its stake in First Majestic Silver by 12.8% during the 2nd quarter. Franklin Resources Inc. now owns 25,940 shares of the mining company’s stock valued at $215,000 after acquiring an additional 2,936 shares during the period. 27.16% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth Several research firms have recently commented on AG. Weiss Ratings downgraded shares of First Majestic Silver from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Zacks Research lowered shares of First Majestic Silver from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. HC Wainwright lowered their price target on shares of First Majestic Silver from $30.75 to $26.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Scotiabank cut their price target on First Majestic Silver from $23.00 to $22.50 and set a “sector perform” rating on the stock in a research report on Tuesday, July 14th. Finally, ATB Cormark Capital Markets upgraded First Majestic Silver from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $23.50.
Get Our Latest Report on First Majestic Silver
First Majestic Silver Stock Down 0.0% AG opened at $16.30 on Monday. The company has a fifty day moving average of $17.85 and a two-hundred day moving average of $20.89. The stock has a market capitalization of $8.04 billion, a price-to-earnings ratio of 27.18 and a beta of 0.91. First Majestic Silver Corp. has a fifty-two week low of $7.74 and a fifty-two week high of $32.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.54 and a current ratio of 2.73.
First Majestic Silver (NYSE:AG – Get Free Report) (TSE:FR) last posted its earnings results on Tuesday, May 12th. The mining company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.02). First Majestic Silver had a return on equity of 11.19% and a net margin of 19.51%.The firm had revenue of $476.67 million for the quarter, compared to analysts’ expectations of $522.00 million. During the same period in the previous year, the company earned $0.05 earnings per share. The company’s revenue was up 95.3% compared to the same quarter last year. On average, research analysts expect that First Majestic Silver Corp. will post 0.8 earnings per share for the current year.
First Majestic Silver Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Wednesday, May 20th were given a $0.0171 dividend. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from First Majestic Silver’s previous quarterly dividend of $0.01. The ex-dividend date was Wednesday, May 20th. First Majestic Silver’s dividend payout ratio (DPR) is presently 11.67%.
First Majestic Silver Company Profile (Free Report)
First Majestic Silver Corp. (NYSE:AG) engages in the production of silver from its wholly owned operations in Mexico. Headquartered in Vancouver, British Columbia, the company focuses on acquiring, developing and operating high-grade silver projects. Established in 2002, First Majestic has built a multi-mine portfolio to supply silver primarily for the global industrial and investment markets while generating by-products such as gold, lead and zinc concentrates.
First Majestic’s principal operations are located in the historic Mexican Silver Belt, with producing mines including La Encantada in Coahuila, Santa Elena in Sonora and La Parrilla in Durango.
Read More Five stocks we like better than First Majestic Silver RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding AG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Majestic Silver Corp. (NYSE:AG – Free Report) (TSE:FR).
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Entropy Technologies LP grew its holdings in Ingredion Incorporated (NYSE:INGR – Free Report) by 42.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,838 shares of the company’s stock after buying an additional 7,342 shares during the period. Entropy Technologies LP’s holdings in Ingredion were worth $2,798,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in INGR. First Trust Advisors LP lifted its holdings in shares of Ingredion by 53.1% in the 1st quarter. First Trust Advisors LP now owns 3,054,149 shares of the company’s stock valued at $344,080,000 after acquiring an additional 1,059,324 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Ingredion by 22,036.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,037,106 shares of the company’s stock worth $114,351,000 after acquiring an additional 1,032,421 shares in the last quarter. Norges Bank bought a new stake in Ingredion during the fourth quarter worth approximately $85,310,000. AQR Capital Management LLC increased its stake in Ingredion by 143.1% during the third quarter. AQR Capital Management LLC now owns 1,191,118 shares of the company’s stock worth $144,685,000 after acquiring an additional 701,063 shares during the last quarter. Finally, Cooke & Bieler LP increased its stake in Ingredion by 33.6% during the fourth quarter. Cooke & Bieler LP now owns 1,207,153 shares of the company’s stock worth $133,101,000 after acquiring an additional 303,807 shares during the last quarter. 85.27% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth INGR has been the subject of several analyst reports. Zacks Research raised Ingredion from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 14th. UBS Group reissued a “neutral” rating and set a $114.00 target price on shares of Ingredion in a research report on Thursday, May 7th. Oppenheimer lowered Ingredion from an “outperform” rating to a “market perform” rating in a report on Monday, June 8th. Barclays lowered their price target on Ingredion from $128.00 to $120.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 6th. Finally, Benchmark reaffirmed a “buy” rating on shares of Ingredion in a research note on Tuesday, June 9th. One analyst has rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $122.43.
Read Our Latest Stock Report on Ingredion
Ingredion Stock Up 0.0% Shares of NYSE INGR opened at $101.17 on Monday. Ingredion Incorporated has a 1 year low of $94.44 and a 1 year high of $134.77. The firm has a 50-day simple moving average of $99.98 and a two-hundred day simple moving average of $108.87. The company has a market cap of $6.38 billion, a P/E ratio of 9.75, a PEG ratio of 0.85 and a beta of 0.62. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.76 and a quick ratio of 1.83.
Ingredion (NYSE:INGR – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $2.34 EPS for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.10). Ingredion had a net margin of 9.36% and a return on equity of 15.86%. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the prior year, the company posted $2.97 EPS. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. Ingredion has set its FY 2026 guidance at 10.450-11.150 EPS. Research analysts anticipate that Ingredion Incorporated will post 10.81 earnings per share for the current year.
Ingredion Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Wednesday, July 1st were issued a dividend of $0.82 per share. The ex-dividend date was Wednesday, July 1st. This represents a $3.28 dividend on an annualized basis and a yield of 3.2%. Ingredion’s payout ratio is presently 31.60%.
Ingredion Company Profile (Free Report)
Ingredion Incorporated is a global ingredient solutions company specializing in the production and sale of starches, sweeteners, nutrition ingredients and biomaterials derived primarily from corn and other plant-based raw materials. The company serves a diverse set of industries, including food and beverage, brewing, pharmaceuticals and personal care, providing functional ingredients that enhance texture, stability, flavor and nutritional value in a wide array of end products.
The company’s product portfolio comprises native and modified starches, high-fructose corn syrup, dextrose, maltodextrins, specialty sweeteners and various texturizers.
Recommended Stories Five stocks we like better than Ingredion RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit Want to see what other hedge funds are holding INGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ingredion Incorporated (NYSE:INGR – Free Report).
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Caxton Associates LLP trimmed its stake in shares of Stag Industrial, Inc. (NYSE:STAG – Free Report) by 40.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,857 shares of the real estate investment trust’s stock after selling 14,895 shares during the period. Caxton Associates LLP’s holdings in Stag Industrial were worth $788,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the stock. NewEdge Advisors LLC lifted its holdings in Stag Industrial by 17.6% during the 1st quarter. NewEdge Advisors LLC now owns 9,952 shares of the real estate investment trust’s stock worth $359,000 after buying an additional 1,491 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Stag Industrial by 37.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,671,949 shares of the real estate investment trust’s stock valued at $60,391,000 after buying an additional 451,355 shares during the period. Empowered Funds LLC bought a new stake in shares of Stag Industrial during the first quarter worth $229,000. EverSource Wealth Advisors LLC raised its position in shares of Stag Industrial by 270.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,436 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 1,048 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Stag Industrial by 173.4% during the second quarter. First Trust Advisors LP now owns 177,756 shares of the real estate investment trust’s stock valued at $6,449,000 after acquiring an additional 112,747 shares during the period. 88.67% of the stock is owned by institutional investors.
Analysts Set New Price Targets STAG has been the subject of a number of research reports. Evercore reiterated an “outperform” rating and issued a $44.00 price objective on shares of Stag Industrial in a research report on Wednesday, April 29th. Raymond James Financial began coverage on shares of Stag Industrial in a research report on Wednesday, June 17th. They set an “outperform” rating and a $44.00 target price on the stock. Wells Fargo & Company reduced their target price on shares of Stag Industrial from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Monday, June 1st. Weiss Ratings cut shares of Stag Industrial from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Barclays boosted their price target on shares of Stag Industrial from $38.00 to $41.00 and gave the stock an “underweight” rating in a research note on Thursday, July 16th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $40.70.
Check Out Our Latest Stock Analysis on Stag Industrial
Stag Industrial Trading Down 0.0% NYSE:STAG opened at $41.11 on Monday. Stag Industrial, Inc. has a 1-year low of $33.72 and a 1-year high of $42.61. The business’s 50-day moving average price is $38.74 and its two-hundred day moving average price is $38.31. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 31.87 and a beta of 0.97.
Stag Industrial (NYSE:STAG – Get Free Report) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.09. The company had revenue of $224.21 million during the quarter, compared to analyst estimates of $221.51 million. Stag Industrial had a return on equity of 6.80% and a net margin of 28.25%.The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.61 EPS. On average, equities analysts expect that Stag Industrial, Inc. will post 2.64 earnings per share for the current year.
Stag Industrial Profile (Free Report)
Stag Industrial, Inc is a real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of single-tenant industrial properties throughout the United States. The company’s portfolio is focused on free-standing warehouses, distribution centers and light manufacturing facilities designed to meet the logistical needs of a diverse tenant base. By concentrating on properties with straightforward layouts and minimal common-area maintenance, Stag Industrial seeks to deliver stable rental income and attractive risk-adjusted returns for its shareholders.
Since its founding in 2010 and initial public offering in 2011, Stag Industrial has pursued a disciplined investment strategy centered on high-quality, well-located assets.
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