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LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (“Republic” or the “Company”) reported second quarter 2026 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $32.9 million and $1.68 per share, representing increases of 4% over the $31.5 million and $1.61 per share reported for the second quarter of 2025. As a result, the Company achieved a return on average assets (“ROA”) and a return on average equity (“ROE”) of 1.88% and 11.42% for the second quarter of 2026. Live financial news intelligence
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2026-07-24 13:18
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Republic Bancorp Reports Solid Second Quarter Results Highlighted by Continued Strong Core Bank Net Interest Income Expansion | FMP Stock News | |
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2026-07-24 13:18
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Merchants Bancorp Preferreds Update: 2 Buys, 1 Sell | FMP Stock News | |
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Merchants Bancorp does business in just a small slice in the state of Indiana. MBIN demonstrates financial strength by redeeming preferreds and maintaining decent coverage ratios: 5.7x net income to preferred dividends and 3.2x TCE to par. MBIN's business model leverages high-margin mortgage warehousing, supporting book value growth and stable preferred dividend coverage. |
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Sierra Bancorp Announces 4% Increase in Quarterly Cash Dividend | FMP Stock News | |
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PORTERVILLE, Calif.--(BUSINESS WIRE)--Sierra Bancorp Announces 4% Increase in Quarterly Cash Dividend. |
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2026-07-24 13:18
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Lake Shore Bancorp, Inc. Declares Dividend | FMP Stock News | |
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DUNKIRK, N.Y., July 24, 2026 (GLOBE NEWSWIRE) -- Lake Shore Bancorp, Inc. (“Lake Shore Bancorp”) (NASDAQ: LSBK), the holding company for Lake Shore Bank (the “Bank”), announced today that the Board of Directors declared a cash dividend of $0.09 per share on its outstanding common stock on July 22, 2026. The dividend is expected to be paid on August 12, 2026 to shareholders of record as of August 3, 2026. |
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2026-07-24 13:17
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2026-07-24 03:59
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Bank of Nova Scotia Increases Holdings in Boston Scientific Corporation $BSX | FMP Stock News | |
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Bank of Nova Scotia raised its holdings in shares of Boston Scientific Corporation (NYSE:BSX – Free Report) by 15.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,303,011 shares of the medical equipment provider’s stock after acquiring an additional 308,930 shares during the quarter. Bank of Nova Scotia owned approximately 0.15% of Boston Scientific worth $144,515,000 as of its most recent filing with the SEC.Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. raised its stake in Boston Scientific by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 139,685,997 shares of the medical equipment provider’s stock worth $13,319,060,000 after acquiring an additional 1,436,550 shares in the last quarter. State Street Corp grew its holdings in shares of Boston Scientific by 1.4% during the fourth quarter. State Street Corp now owns 65,846,059 shares of the medical equipment provider’s stock worth $6,278,422,000 after purchasing an additional 920,495 shares during the last quarter. Capital World Investors grew its holdings in shares of Boston Scientific by 1.9% during the fourth quarter. Capital World Investors now owns 27,151,575 shares of the medical equipment provider’s stock worth $2,588,953,000 after purchasing an additional 502,627 shares during the last quarter. Norges Bank acquired a new stake in shares of Boston Scientific during the fourth quarter worth about $2,199,395,000. Finally, Morgan Stanley increased its position in shares of Boston Scientific by 10.8% during the fourth quarter. Morgan Stanley now owns 22,960,556 shares of the medical equipment provider’s stock worth $2,189,289,000 after purchasing an additional 2,246,308 shares in the last quarter. Institutional investors and hedge funds own 89.07% of the company’s stock. Boston Scientific Stock Performance Shares of BSX opened at $43.67 on Friday. The stock has a market capitalization of $64.90 billion, a P/E ratio of 18.27, a P/E/G ratio of 0.82 and a beta of 0.58. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.22 and a current ratio of 1.90. Boston Scientific Corporation has a 1 year low of $42.20 and a 1 year high of $109.50. The company’s fifty day moving average is $47.37 and its two-hundred day moving average is $64.20. Boston Scientific (NYSE:BSX – Get Free Report) last released its earnings results on Wednesday, April 22nd. The medical equipment provider reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. Boston Scientific had a net margin of 17.29% and a return on equity of 19.17%. The company had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.19 billion. During the same quarter last year, the business earned $0.75 EPS. The business’s revenue was up 11.6% on a year-over-year basis. On average, sell-side analysts predict that Boston Scientific Corporation will post 3.35 earnings per share for the current year. Boston Scientific declared that its Board of Directors has initiated a share buyback plan on Monday, May 18th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the medical equipment provider to reacquire up to 6.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued. Wall Street Analysts Forecast Growth Several research analysts have commented on BSX shares. Wall Street Zen lowered Boston Scientific from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Jefferies Financial Group reduced their price target on shares of Boston Scientific from $100.00 to $67.00 and set a “buy” rating for the company in a research report on Wednesday, June 24th. Oppenheimer set a $90.00 price target on shares of Boston Scientific in a research note on Thursday, April 23rd. Truist Financial lowered their price objective on shares of Boston Scientific from $64.00 to $62.00 and set a “buy” rating on the stock in a research report on Thursday, July 16th. Finally, Weiss Ratings cut shares of Boston Scientific from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $79.84. Check Out Our Latest Stock Report on Boston Scientific Insider Activity at Boston Scientific In other Boston Scientific news, Director Cheryl Pegus acquired 1,770 shares of the stock in a transaction on Wednesday, May 20th. The shares were bought at an average price of $56.49 per share, with a total value of $99,987.30. Following the acquisition, the director owned 1,770 shares of the company’s stock, valued at $99,987.30. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward J. Ludwig bought 3,580 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $56.68 per share, with a total value of $202,914.40. Following the completion of the purchase, the director owned 25,359 shares in the company, valued at approximately $1,437,348.12. This represents a 16.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 9,800 shares of company stock worth $554,012 over the last 90 days. Company insiders own 0.34% of the company’s stock. Boston Scientific Company Profile (Free Report) Boston Scientific Corporation (NYSE: BSX) is a global medical device company that develops, manufactures and markets a broad portfolio of products used in less-invasive medical procedures. Founded in 1979 by John Abele and Peter Nicholas, the company is headquartered in Marlborough, Massachusetts, and focuses on technologies that enable physicians to treat a wide range of cardiovascular, digestive, urologic, pulmonary and chronic pain conditions without open surgery. Boston Scientific’s activities span product development, clinical research, regulatory affairs and commercial sales. Read More Five stocks we like better than Boston Scientific Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Boston Scientific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Scientific and related companies with MarketBeat.com's FREE daily email newsletter. |
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2026-07-24 13:17
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2026-07-24 04:11
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California Public Employees Retirement System Lowers Stake in TransUnion $TRU | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026California Public Employees Retirement System cut its position in shares of TransUnion (NYSE:TRU – Free Report) by 3.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 264,671 shares of the business services provider’s stock after selling 9,840 shares during the quarter. California Public Employees Retirement System owned about 0.14% of TransUnion worth $18,313,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also modified their holdings of the company. Dodge & Cox acquired a new stake in TransUnion during the 4th quarter worth approximately $843,952,000. Independent Franchise Partners LLP lifted its position in TransUnion by 99.7% during the fourth quarter. Independent Franchise Partners LLP now owns 9,136,903 shares of the business services provider’s stock valued at $783,489,000 after buying an additional 4,561,619 shares in the last quarter. State Street Corp lifted its position in TransUnion by 62.2% during the third quarter. State Street Corp now owns 6,781,771 shares of the business services provider’s stock valued at $568,177,000 after buying an additional 2,600,425 shares in the last quarter. Invesco Ltd. grew its stake in TransUnion by 355.9% during the third quarter. Invesco Ltd. now owns 2,637,776 shares of the business services provider’s stock worth $220,993,000 after buying an additional 2,059,177 shares during the period. Finally, Vulcan Value Partners LLC purchased a new stake in TransUnion during the fourth quarter worth approximately $91,043,000. Insiders Place Their Bets In related news, insider Todd C. Skinner sold 1,000 shares of the stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $72.64, for a total value of $72,640.00. Following the completion of the transaction, the insider owned 64,634 shares of the company’s stock, valued at approximately $4,695,013.76. This represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather J. Russell sold 6,683 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $71.87, for a total value of $480,307.21. Following the sale, the executive vice president owned 45,248 shares of the company’s stock, valued at approximately $3,251,973.76. This trade represents a 12.87% decrease in their position. 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 30,155 shares of company stock valued at $2,177,102 over the last ninety days. Insiders own 0.37% of the company’s stock. TransUnion Trading Down 2.1% NYSE TRU opened at $73.81 on Friday. The stock has a market cap of $14.23 billion, a P/E ratio of 20.45, a PEG ratio of 1.35 and a beta of 1.55. The company’s fifty day simple moving average is $71.68 and its 200-day simple moving average is $73.74. The company has a current ratio of 1.93, a quick ratio of 1.93 and a debt-to-equity ratio of 1.10. TransUnion has a 52 week low of $63.37 and a 52 week high of $99.39. TransUnion (NYSE:TRU – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The business services provider reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.07. TransUnion had a net margin of 14.91% and a return on equity of 16.09%. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the business earned $1.05 EPS. The business’s revenue was up 13.7% on a year-over-year basis. TransUnion has set its Q2 2026 guidance at 1.130-1.150 EPS. Equities research analysts predict that TransUnion will post 4.14 EPS for the current fiscal year. TransUnion Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Wednesday, May 27th were paid a dividend of $0.125 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%. TransUnion’s dividend payout ratio (DPR) is currently 13.85%. Wall Street Analyst Weigh In A number of equities analysts have recently commented on TRU shares. Weiss Ratings raised shares of TransUnion from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Bank of America lowered their price target on TransUnion from $83.00 to $80.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. UBS Group raised their price objective on TransUnion from $72.00 to $77.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. reduced their price objective on TransUnion from $95.00 to $90.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Finally, Mizuho decreased their target price on TransUnion from $88.00 to $77.00 and set a “neutral” rating for the company in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, TransUnion has a consensus rating of “Moderate Buy” and an average price target of $91.60. Get Our Latest Stock Report on TRU TransUnion Profile (Free Report) TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights. The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions. Featured Articles Five stocks we like better than TransUnion Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for TransUnion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransUnion and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEGraham Holdings Company $GHC Shares Sold by Dimensional Fund Advisors LP NEXT HEADLINE »Booking Holdings Inc. $BKNG Shares Acquired by Aristides Capital LLC |
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2026-07-24 13:16
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2026-07-24 06:34
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The Trump Administration Launches "Project Prometheus" With These Nuclear Energy Stocks (Hint: NuScale Didn't Make the Cut) | FMP Stock News | |
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It was a big day for nuclear power in the U.S. as the Trump Administration unveiled the recipients of 278 research projects being funded through the Department of Energy’s (DoE) Genesis Mission on Wednesday.The Prometheus project, which leverages artificial intelligence (AI) for nuclear development, was a big winner, receiving a Phase II award of $60 million over three years. It’s one of the biggest investments in decades in cutting-edge nuclear technologies. The major partners of Project Prometheus include four of the DoE’s 17 National Laboratories: Idaho, Oak Ridge, Argonne, and Sandia. Major research universities, including North Carolina State and Penn State, are also involved. But perhaps the biggest winners are the nuclear companies chosen to participate in the project, and their investors. Here’s who’s been chosen, and what it means for their shareholders. Image Source: Official White House Photo by Molly Riley The heavyweightsThe biggest partners in Prometheus are the two companies leading the initiative with the Idaho National Laboratory, Nvidia (NVDA -1.56%), and Amazon’s (AMZN -4.50%) Amazon Web Services (AWS). AI hyperscaler Microsoft (MSFT -2.13%) is also on board as a partner. But the nuclear companies taking part include X-Energy (XE -3.22%), which has signed on as a Tier 1 partner with board of directors representation, committing $10 million in financial support as well as the use of its Xe-100 high-temperature, gas-cooled small modular reactor (SMR), tri-structural isotopic TRISO-X particle fuel designs, and other design and fabrication data. Today's Change ( -3.22 %) $ -0.53 Current Price $ 15.92 X-Energy believes that participation in the Prometheus project will “accelerate licensing, manufacturing, construction, and operation across a growing commercial project portfolio.” Although it’s not a Tier 1 partner, start-up Oklo (OKLO -1.12%), which is focused on designing and building a sodium-cooled fast reactor SMR called the Aurora Powerhouse, is also a Prometheus partner. The company is working on a strategic partnership project to integrate the Prometheus AI platform into its own Multiphysics design and analysis infrastructure. The integration is expected to streamline engineering workflows and support the development of Pluto, Oklo’s reactor system designed for plutonium fuels. Start-up nuclear fuel company Standard Nuclear (STDN -9.02%) is also a Prometheus partner, and advertises itself as “the only U.S. company with industrial-scale TRISO manufacturing facilities to date.” Nonpublic nuclear companies like TerraPower, Westinghouse Electric, and Aalo Atomics are also involved as partners. It’s worth noting that this Prometheus AI project is unrelated to the “Prometheus AI supercluster,” a computing system that Meta Platforms (META -3.24%) is building in Ohio in partnership with Vistra Corp. (VST +1.34%), Oklo, and TerraPower. That facility, a one-gigawatt data center, is scheduled to come online sometime this year. It’s also unrelated to Jeff Bezos’ AI design and engineering start-up Prometheus. Image source: Getty Images. What it means for investorsOnce again, Oklo ends up a winner with the DoE, after having been a participant in numerous prior DoE initiatives, including the Reactor Pilot Program through which it’s constructing its first Aurora Powerhouse at the Idaho National Laboratory. Oklo’s current approval strategy is to work with the DoE on advancing projects and then apply the lessons learned to future NRC licensing requests. That strategy appears to be paying off, and will hopefully bear fruit when the company is ready to apply to the NRC for a commercial license for its Aurora Powerhouse design. Today's Change ( -1.12 %) $ -0.50 Current Price $ 44.00 X-Energy, which just had its IPO in April, probably benefits most from the prestige and exposure it receives as a Tier 1 partner on the project. The company already has a fuel fabrication license from the NRC for its TRISO-X fuel. It also has numerous reactor projects in various stages of development in the U.S. and the United Kingdom that need regulatory approval. While Prometheus participation isn’t a direct step towards those approvals, partnering with the DoE in the meantime certainly can’t hurt. The much smaller Standard Nuclear is even younger, having just IPOed last week. It has a market capitalization of just $1.4 billion compared to Oklo’s $7.6 billion and X-Energy’s $6.5 billion. It already has approval to receive high-assay low-enriched uranium (HALEU) feedstock and to produce TRISO fuel. Being part of this project allows the small start-up to work with industry heavyweights and deepen its credibility with the DoE and other government bodies. Today's Change ( -9.02 %) $ -0.87 Current Price $ 8.78 Meanwhile, SMR start-up NuScale (SMR +1.84%) didn’t make the list… again. This shouldn’t be a surprise to investors, as the company hasn’t received any DoE support since 2019. In other words, all three companies should benefit to some degree, but with nuclear stocks having fallen out of favor in the past year, it will take more than project participation to turn their fortunes around. |
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2026-07-24 13:16
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2026-07-24 05:08
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SEI Investments Q2 Earnings Call Highlights | FMP Stock News | |
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SEI Investments (NASDAQ:SEIC) reported what executives described as an “outstanding” second quarter of 2026, with quarterly records for revenue, adjusted operating profit and adjusted earnings per share.Chief Executive Officer Ryan Hicke said revenue rose 15% from the prior year, adjusted operating profit increased 36% and adjusted EPS grew 38%. Hicke told analysts the results reflected changes made over the past several years, including more disciplined capital allocation, an evolved value proposition and execution of strategic goals laid out at the company’s investor day. “This quarter is less about what happened during the last three months and more a reflection of the changes we have made over the past few years,” Hicke said. Operating Leverage Drives Earnings Growth Chief Financial and Chief Operating Officer Sean Denham said the increase in adjusted EPS was driven primarily by core operating performance, including mid-teens revenue growth, 500 basis points of margin expansion and a 3% reduction in share count. The quarter also included investment-related gains. Denham said SEI’s consolidated co-investment in an LSV hedge fund contributed $7.5 million through the net gain on variable interest entities line item. He said SEI invested $50 million in that strategy last year, and it has generated more than $12 million of gains over the last 12 months after excluding non-controlling interests. SEI also recognized nearly $4 million of mark-to-market gains across several other co-investments during the quarter. Denham said revenue and operating profit increased across most of SEI’s businesses. Investment Managers Services generated 17% revenue growth, reflecting the conversion of prior sales into revenue. Private Banking revenue increased 11%, driven by growth within the existing client base. Advisors revenue rose 30%, benefiting from higher market values and the contribution from Stratos. Institutional was the exception, with operating profit roughly flat from the prior year as SEI continued investing in asset management initiatives. Sales Events Remain Elevated SEI reported $43 million of sales events during the quarter, following a record $67 million in the first quarter. Year-to-date sales events totaled $110 million. Hicke said Investment Managers Services generated more than $32 million of sales events, driven by both new client wins and expanded relationships with existing clients. Denham said about three-quarters of IMS sales events came from alternative investments. Private Banking produced more than $13 million of sales events, with activity tied to new regional bank wins, conversions from TRUST 3000 to the SEI Wealth Platform, and demand for professional services, including SEI Data Cloud. Denham said Private Banking also executed contract renewals representing $13 million of annualized revenue during the quarter, following $34 million in the first quarter. Across Advisors and Institutional, net sales events were modestly negative. Denham said SEI continues to see demand for newer offerings such as ETFs and separately managed accounts, though those products generally carry lower fee rates than traditional mutual funds. Private Markets, ETFs and Stratos Highlight Growth Plans Hicke pointed to several growth investments that he said currently contribute little to financial results but could become meaningful over time. One focus is expanding private markets into retail and retirement channels. He said SEI’s registered transfer agency, fund administration platform and trust company create a “full-stack capability” for managers seeking administration, transfer agency, investor servicing, compliance and operational infrastructure. Hicke said SEI believes its retail alternatives and private markets retirement initiatives have the potential to become a business generating more than $100 million of annual run-rate revenue within five years. SEI also continues to expand its asset management strategy. Hicke said the company launched its latest active factor ETF, SEUS, bringing its ETF lineup to 10 funds. He said SEI’s ETF business has grown from $3 billion to more than $8 billion over the past 12 months. He also cited SEI’s recently announced partnership with Carlyle as an example of product development tied to market opportunity. Stratos, SEI’s advisor-focused platform, also remains a focus. Hicke said SEI advisors are showing interest in succession, liquidity and growth solutions without leaving the company’s ecosystem. Denham said Stratos contributed $21 million of revenue in the quarter, up 11% from the first quarter, and generated $2 million of operating profit before non-controlling interests. Excluding acquisition-related intangible amortization, Stratos EBITDA exceeded $9 million. Technology and AI Investments Continue Management also emphasized investments in data, automation and artificial intelligence. Hicke said enhancements to SEI Data Cloud and the IMS platform are helping clients access information faster, simplify integrations, reduce operational complexity and make better use of data. Sneha Shah, a member of SEI’s executive management team, said clients are asking SEI for help as they rethink operating models and evaluate where to use partners. She said SEI is seeing demand for SEI Data Cloud services and professional services tied to AI readiness. Denham said SEI’s relationship with IBM is intended to support automation and help the company co-create agents for labor-intensive processes. Hicke said the IBM relationship is an enterprise-wide initiative, starting with IMS and expanding to other areas of the company. Capital Returns and Outlook SEI ended the quarter with nearly $400 million of cash. The company repurchased $112 million of stock during the quarter at an average price of $87. Denham said repurchase activity was lower than in the first quarter, when market volatility created what SEI viewed as a significant opportunity, but said the company expects repurchases to increase from second-quarter levels. Asked about balancing buybacks with acquisitions, Denham said SEI has roughly a $600 million revolving credit facility that is essentially untouched, giving the company capacity to support M&A activity, including Stratos-related opportunities. SEI did not provide formal guidance. In response to an analyst question about sustaining low- to mid-teens revenue growth, Hicke said the company does not give guidance but described pipelines as “as strong as they’ve ever been” and said management is encouraged by what it sees for second-half revenue. About SEI Investments (NASDAQ:SEIC) SEI Investments Company is a global provider of asset management, investment processing, and investment operations solutions. The firm offers a range of services designed to help financial institutions, private banks, wealth managers and family offices streamline back-office functions and enhance front-office capabilities. SEI’s technology platforms support various stages of the investment lifecycle, including trade execution, performance reporting, risk analytics and client communications. The company’s core offerings include outsourced fund administration, custody and trust services, managed account solutions, and wealth management technology. |
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2026-07-24 13:16
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2026-07-24 05:42
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ABN Amro Investment Solutions Has $2.81 Million Stock Position in SEI Investments Company $SEIC | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026ABN Amro Investment Solutions lowered its stake in shares of SEI Investments Company (NASDAQ:SEIC – Free Report) by 22.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 35,810 shares of the asset manager’s stock after selling 10,475 shares during the period. ABN Amro Investment Solutions’ holdings in SEI Investments were worth $2,810,000 as of its most recent filing with the SEC. Other hedge funds have also made changes to their positions in the company. Allworth Financial LP lifted its stake in SEI Investments by 44.0% during the third quarter. Allworth Financial LP now owns 432 shares of the asset manager’s stock worth $37,000 after purchasing an additional 132 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in SEI Investments by 353.1% during the third quarter. CIBC Private Wealth Group LLC now owns 435 shares of the asset manager’s stock valued at $37,000 after purchasing an additional 339 shares in the last quarter. Root Financial Partners LLC grew its stake in shares of SEI Investments by 40.8% in the 1st quarter. Root Financial Partners LLC now owns 487 shares of the asset manager’s stock valued at $38,000 after purchasing an additional 141 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of SEI Investments by 60.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 532 shares of the asset manager’s stock valued at $41,000 after purchasing an additional 200 shares during the period. Finally, Rothschild Investment LLC raised its holdings in shares of SEI Investments by 266.9% in the 4th quarter. Rothschild Investment LLC now owns 565 shares of the asset manager’s stock worth $46,000 after buying an additional 411 shares in the last quarter. Institutional investors own 70.59% of the company’s stock. Key Stories Impacting SEI Investments Here are the key news stories impacting SEI Investments this week: Positive Sentiment: SEI Investments beat Q2 earnings expectations, reporting $1.66 per share versus consensus around $1.44-$1.45, while revenue came in above estimates at $641.62 million. The company also said revenue rose 14.7% year over year and operating income increased 33%, with operating margin reaching 31%. Article Title Positive Sentiment: Management highlighted record growth in revenue and EPS in the Q2 earnings call, which should support confidence in the company’s operating momentum and ability to convert higher activity into profits. Article Title Positive Sentiment: Analysts turned more constructive after the report: Morgan Stanley raised its price target to $125 and reiterated an overweight rating, while Keefe, Bruyette & Woods lifted its target to $119 with an outperform rating. Article Title Positive Sentiment: Assets under management and assets under administration reportedly rose year over year, reinforcing that the business is still seeing healthy client inflows and scale benefits. Article Title Neutral Sentiment: Despite the earnings beat, EPS was below last year’s level, which may have tempered enthusiasm and limited the stock’s upside reaction. Article Title Insider Buying and Selling at SEI Investments In related news, insider Mark Andrew Warner sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $91.16, for a total value of $364,640.00. Following the completion of the sale, the insider directly owned 921 shares in the company, valued at approximately $83,958.36. This trade represents a 81.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Kathryn Mccarthy sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $91.07, for a total value of $910,700.00. Following the completion of the sale, the director owned 77,883 shares in the company, valued at $7,092,804.81. This represents a 11.38% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 71,332 shares of company stock worth $6,278,583 over the last quarter. 4.80% of the stock is currently owned by insiders. Wall Street Analyst Weigh In SEIC has been the subject of a number of recent analyst reports. Morgan Stanley increased their target price on shares of SEI Investments from $115.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday. Raymond James Financial lifted their target price on shares of SEI Investments from $122.00 to $124.00 and gave the company an “outperform” rating in a research note on Monday, July 6th. UBS Group reissued a “buy” rating and issued a $125.00 target price on shares of SEI Investments in a report on Thursday. Keefe, Bruyette & Woods increased their price target on SEI Investments from $113.00 to $119.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of SEI Investments in a report on Friday, July 17th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $122.60. Read Our Latest Report on SEI Investments SEI Investments Stock Performance Shares of NASDAQ:SEIC opened at $96.73 on Friday. The business has a 50-day moving average price of $91.54 and a two-hundred day moving average price of $86.04. SEI Investments Company has a 1-year low of $75.08 and a 1-year high of $102.29. The stock has a market capitalization of $11.63 billion, a P/E ratio of 17.06 and a beta of 0.97. The company has a current ratio of 4.52, a quick ratio of 4.40 and a debt-to-equity ratio of 0.07. SEI Investments (NASDAQ:SEIC – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The asset manager reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.22. SEI Investments had a return on equity of 29.42% and a net margin of 28.85%.The business had revenue of $641.62 million during the quarter, compared to analysts’ expectations of $636.35 million. During the same period in the prior year, the business earned $1.78 EPS. SEI Investments’s revenue for the quarter was up 14.7% compared to the same quarter last year. Equities analysts predict that SEI Investments Company will post 5.98 earnings per share for the current year. SEI Investments Announces Dividend The company also recently declared a dividend, which was paid on Tuesday, June 16th. Shareholders of record on Monday, June 8th were given a dividend of $0.52 per share. This represents a yield of 118.0%. The ex-dividend date of this dividend was Monday, June 8th. SEI Investments’s dividend payout ratio is 17.75%. About SEI Investments (Free Report) SEI Investments Company is a global provider of asset management, investment processing, and investment operations solutions. The firm offers a range of services designed to help financial institutions, private banks, wealth managers and family offices streamline back-office functions and enhance front-office capabilities. SEI’s technology platforms support various stages of the investment lifecycle, including trade execution, performance reporting, risk analytics and client communications. The company’s core offerings include outsourced fund administration, custody and trust services, managed account solutions, and wealth management technology. Recommended Stories Five stocks we like better than SEI Investments Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding SEIC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SEI Investments Company (NASDAQ:SEIC – Free Report). Receive News & Ratings for SEI Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEI Investments and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEFifth Third Bancorp Has $1.49 Million Stake in Super Micro Computer, Inc. $SMCI NEXT HEADLINE »Freeport-McMoRan Inc. $FCX Stock Holdings Increased by ABN Amro Investment Solutions |
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5 Dividend Kings Have Raised Their Dividends for 70 Years: You May Not Know Any of Them | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.Investors love dividend stocks because they provide dependable passive income streams and an excellent opportunity for solid total return. Total return includes interest, capital gains, dividends, and distributions realized over time. In other words, the total return on an investment or portfolio consists of income and stock appreciation. At 24/7 Wall St., we have focused on dividend stocks for over 15 years because, despite the stock market’s ups and downs, many people need reliable passive income streams to supplement their income from employment or other sources such as Social Security and pensions. Some of the best stocks for passive investors are the Dividend Kings: the 58 companies that have raised their dividends for 50 years or more, a testament to their dependability and reliability. Those are two “must-have” qualities for investors who rely on passive income to supplement their overall income. We decided to screen the Dividend Kings and found, surprisingly, that five of the stocks that have raised the dividend every year for the longest time are companies many investors likely have never heard of. Why We Recommend the Dividend Kings Companies that have paid and raised dividends for 50 years or more are the kinds of stocks that growth and income investors want to buy and hold in stock portfolios forever. These stocks are mostly conservative, and should we see a dramatic market correction, they will likely hold their ground much better than volatile technology names. American States Water When you have products that everyone depends on and pay a reliable 2.27% dividend that you have raised for 70 years, your investors will likely do well. American States Water (NYSE: AWR) is a holding company with segments in water, electric, and contracted services. Within the segments, the company has three principal business units: water and electric service utility operations conducted through its regulated utilities, Golden State Water Company (GSWC) and Bear Valley Electric Service (BVES), respectively, and contracted services conducted through American States Utility Services (ASUS) and its subsidiaries. GSWC is a public water utility that purchases, produces, distributes, and sells water in 11 counties in the state of California, and provides wastewater collection and treatment services. BVES is a public electric utility that distributes electricity in several San Bernardino County Mountain communities in California. ASUS operates, maintains, and performs construction activities (including renewal and replacement capital work) on water and wastewater systems at various U.S. military bases. California Water Service This company has raised its dividend for a stunning 77 years, yielding 2.44%. California Water Service Group (NYSE: CWT) is a holding company that provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. Its business is conducted through its operating subsidiaries and provides utility services. The business consists of the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as the provision of domestic and municipal fire protection services. The company provides wastewater collection and treatment services, including treatment that allows water recycling. It also provides non-regulated water-related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, meter reading, and billing services. Non-regulated operations also include the lease of communication antenna sites, lab services, and promotion of other non-regulated services. Dover While somewhat off the radar, this company has increased the 0.95% dividend paid to shareholders for an incredible 70 consecutive years. Dover (NYSE: DOV | DOV Price Prediction) is a diversified global manufacturer and solutions provider operating in five primary segments. The Engineered Products segment provides a range of equipment, components, software, solutions, and services to the vehicle aftermarket, aerospace, defense, and other industries. SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. Its Clean Energy & Fueling segment provides components, equipment, and software solutions and services. It also designs, manufactures, and supplies vacuum-insulated piping systems for various liquefied gases, including nitrogen, oxygen, carbon dioxide, and other industrial gases. The Imaging & Identification segment supplies precision marking and coding, product traceability, brand protection, and digital textile printing equipment. The Pumps & Process Solutions segment manufactures specialty pumps and flow meters, fluid transfer connectors, engineered precision components, instruments, and digital controls. Dover’s Climate & Sustainability Technologies segment is a provider of energy-efficient equipment, components, and parts. Emerson Electric This technology and industrial giant has raised its dividend for 70 consecutive years, which stands at 1.56%, and may be the most familiar name on this list. Emerson Electric (NYSE: EMR) is a global technology and software company that provides solutions to customers across a wide range of end markets worldwide. The company operates through seven segments under two business groups. The Intelligent Devices business includes: Final Control Measurement & Analytical Discrete Automation Safety & Productivity The Software and Control business encompasses: Control Systems & Software Test & Measurement AspenTech The Final Control segment is a global provider of: Control valves Isolation valves Shutoff valves Pressure relief valves Pressure safety valves Actuators Regulators for process and hybrid industries Its Measurement & Analytical segment is a supplier of intelligent instrumentation that measures the physical properties of liquids and gases. The AspenTech segment provides asset optimization software that enables industrial manufacturers to design, operate, and maintain their operations. Genuine Parts Investors seeking a solid retail investment should consider purchasing this company, as its products remain in high demand and it has raised its dividend for 70 consecutive years, with the yield currently standing at 3.30%. Genuine Parts (NYSE: GPC) is a global service provider of automotive and industrial replacement parts and value-added solutions. The company’s Automotive segment distributes replacement parts (other than collision parts) for all makes and models of automobiles, trucks, and other vehicles in North America, Europe, and Australasia. Its main automotive customers are repair and maintenance shops. The Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including: Hydraulic and pneumatic products Material handling components Related parts and supplies This business offers replacement parts and solutions to customers in the maintenance, repair, and operation sector, as well as to original equipment manufacturers. Its main industrial customers are businesses operating in distribution, manufacturing, and production equipment. Want Up To $1,000? SoFi Is Giving New Active Invest Users Free StockLooking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you’re just starting or already experienced. Its easy to sign up and secure your bonus. Contact [email protected] for any questions or corrections. |
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Bank of Nova Scotia Buys 248,965 Shares of Norfolk Southern Corporation $NSC | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Bank of Nova Scotia lifted its position in Norfolk Southern Corporation (NYSE:NSC – Free Report) by 73.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 588,472 shares of the railroad operator’s stock after acquiring an additional 248,965 shares during the quarter. Bank of Nova Scotia owned approximately 0.26% of Norfolk Southern worth $168,891,000 at the end of the most recent reporting period. A number of other large investors also recently made changes to their positions in NSC. JPL Wealth Management LLC purchased a new stake in Norfolk Southern in the 3rd quarter valued at about $25,000. Meeder Asset Management Inc. lifted its position in shares of Norfolk Southern by 239.3% during the 4th quarter. Meeder Asset Management Inc. now owns 95 shares of the railroad operator’s stock worth $27,000 after buying an additional 67 shares in the last quarter. BNP Paribas purchased a new position in shares of Norfolk Southern in the 2nd quarter worth approximately $26,000. Financial Life Planners purchased a new position in shares of Norfolk Southern in the 1st quarter worth approximately $33,000. Finally, Bayban bought a new position in shares of Norfolk Southern in the fourth quarter valued at approximately $34,000. 75.10% of the stock is owned by institutional investors. Norfolk Southern Stock Performance NYSE:NSC opened at $347.70 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.91 and a quick ratio of 0.81. The business has a fifty day simple moving average of $316.67 and a two-hundred day simple moving average of $305.84. Norfolk Southern Corporation has a 1 year low of $268.23 and a 1 year high of $358.60. The company has a market capitalization of $78.09 billion, a P/E ratio of 29.29, a P/E/G ratio of 6.05 and a beta of 1.27. Norfolk Southern (NYSE:NSC – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.20. The firm had revenue of $3.46 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Norfolk Southern had a return on equity of 18.30% and a net margin of 21.91%.The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.29 EPS. On average, analysts expect that Norfolk Southern Corporation will post 12.24 earnings per share for the current year. Norfolk Southern Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Friday, August 7th will be paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, August 7th. Norfolk Southern’s payout ratio is currently 45.49%. Wall Street Analyst Weigh In A number of analysts recently commented on NSC shares. Sanford C. Bernstein decreased their price target on Norfolk Southern from $322.00 to $313.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st. Wells Fargo & Company boosted their price objective on Norfolk Southern from $350.00 to $365.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 8th. UBS Group set a $327.00 price objective on Norfolk Southern in a research note on Thursday, May 7th. Weiss Ratings cut Norfolk Southern from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 27th. Finally, Jefferies Financial Group cut their price target on shares of Norfolk Southern from $350.00 to $310.00 and set a “hold” rating on the stock in a report on Monday, April 6th. Six analysts have rated the stock with a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Norfolk Southern has a consensus rating of “Hold” and a consensus price target of $331.29. Read Our Latest Analysis on Norfolk Southern Key Norfolk Southern News Here are the key news stories impacting Norfolk Southern this week: Positive Sentiment: Norfolk Southern reported second-quarter adjusted earnings of $3.52 per share, topping estimates, while revenue rose to a record roughly $3.5 billion and increased 12.5% year over year. Article: Norfolk Southern (NSC) Q2 Earnings and Revenues Top Estimates Positive Sentiment: Management pointed to stronger freight demand, higher fuel surcharges, volume growth, and intermodal gains as key drivers of the quarter, which helped boost investor confidence in operating momentum. Article: Norfolk Southern rides freight demand, fuel surcharges to quarterly profit beat Positive Sentiment: The company said it achieved record quarterly revenue, and several outlets noted the stock rose as the revenue surge and earnings beat outweighed margin compression. Article: Norfolk Southern Stock Rises as Revenue Surge Offsets Margin Compression Neutral Sentiment: Norfolk Southern also announced a quarterly dividend of $1.35 per share, reinforcing shareholder returns but not changing the main earnings-driven stock move. Article: Norfolk Southern earnings report and conference call Norfolk Southern Profile (Free Report) Norfolk Southern Corporation is a major U.S. freight railroad company that provides rail transportation and related logistics services. As a Class I carrier, the company operates an extensive network across the eastern United States and offers scheduled freight service for a broad range of industries. Its core operations include long-haul and regional rail freight transportation, intermodal services that move containers and trailers between rail and other modes, and terminal and switching services that support efficient rail shipments for industrial and port customers. The company transports a variety of commodities, serving sectors such as coal and energy, automotive and automotive parts, chemicals, agriculture, metals and construction materials, and consumer goods. Featured Stories Five stocks we like better than Norfolk Southern Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Norfolk Southern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norfolk Southern and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEWalmart Inc. $WMT Shares Bought by Bank of Nova Scotia NEXT HEADLINE »Bank of Nova Scotia Has $169.36 Million Stake in Barrick Mining Corporation $B |
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Norfolk Southern: Deboning The Appeal With GAAP | FMP Stock News | |
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HomeEarnings AnalysisIndustrial SummaryNorfolk Southern Corporation is fundamentally strong but currently overvalued, trading at a premium P/E above historical norms.Recent NSC operational gains were largely driven by external energy market shocks, not sustainable core improvements; GAAP net income and FCF declined despite record revenues.Heavy reliance on adjusted earnings masks recurring costs; GAAP metrics reveal persistent margin compression and profit headwinds.I maintain a Hold rating on NSC stock with a $220/share price target, awaiting a more attractive entry point aligned with normalized earnings and valuation.Looking for more investing ideas like this one? Get them exclusively at Wolf of Value. Learn More » Gary Yeowell/DigitalVision via Getty Images Sometimes you are very sure about the appeal, or lack of appeal, of a company at a certain valuation. I will say that this is still the case for me with Norfolk Southern Corporation ( 35.34K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles. I own the Canadian tickers of all Canadian stocks I write about. Please note that investing in European/Non-US stocks comes with withholding tax risks specific to the company's domicile as well as your personal situation. Investors should always consult a tax professional as to the overall impact of dividend withholding taxes and ways to mitigate these. 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. |
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2026-07-24 13:16
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California Public Employees Retirement System Has $14.68 Million Stock Position in Western Alliance Bancorporation $WAL | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026California Public Employees Retirement System lifted its holdings in shares of Western Alliance Bancorporation (NYSE:WAL – Free Report) by 7.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 207,199 shares of the financial services provider’s stock after acquiring an additional 14,305 shares during the period. California Public Employees Retirement System owned approximately 0.19% of Western Alliance Bancorporation worth $14,680,000 at the end of the most recent reporting period. Other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in shares of Western Alliance Bancorporation by 71.2% in the first quarter. NewEdge Advisors LLC now owns 7,815 shares of the financial services provider’s stock worth $600,000 after purchasing an additional 3,249 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Western Alliance Bancorporation by 513.5% during the first quarter. Jones Financial Companies Lllp now owns 1,730 shares of the financial services provider’s stock worth $133,000 after buying an additional 1,448 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Western Alliance Bancorporation by 24.0% during the first quarter. Goldman Sachs Group Inc. now owns 111,883 shares of the financial services provider’s stock worth $8,596,000 after buying an additional 21,642 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Western Alliance Bancorporation by 11.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 347,529 shares of the financial services provider’s stock valued at $26,701,000 after buying an additional 35,276 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in Western Alliance Bancorporation by 11.3% in the 2nd quarter. Cetera Investment Advisers now owns 7,017 shares of the financial services provider’s stock valued at $547,000 after buying an additional 713 shares during the last quarter. Institutional investors own 79.15% of the company’s stock. Analyst Ratings Changes A number of equities analysts have issued reports on WAL shares. Stephens set a $95.00 price objective on shares of Western Alliance Bancorporation in a report on Thursday. Weiss Ratings raised shares of Western Alliance Bancorporation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Citigroup upped their price objective on shares of Western Alliance Bancorporation from $96.00 to $98.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. UBS Group lifted their target price on shares of Western Alliance Bancorporation from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Finally, DA Davidson set a $36.00 target price on Western Alliance Bancorporation in a report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.41. Check Out Our Latest Stock Report on Western Alliance Bancorporation Trending Headlines about Western Alliance Bancorporation Here are the key news stories impacting Western Alliance Bancorporation this week: Positive Sentiment: Western Alliance’s Q2 earnings call highlighted strong loan growth and profitable growth, reinforcing the view that core business momentum remains healthy. Western Alliance Bancorp (WAL) Q2 2026 Earnings Call Highlights: Strong Loan Growth and … Positive Sentiment: JPMorgan raised its price target on Western Alliance to $93 from $90, suggesting further upside even though it kept a neutral rating. JPMorgan price target update for Western Alliance Bancorporation Positive Sentiment: DA Davidson reaffirmed a buy rating and maintained a $90 price target, signaling continued analyst confidence in the bank’s earnings power and valuation. DA Davidson rating update for Western Alliance Bancorporation Neutral Sentiment: Analyst coverage remains mixed across regional financial stocks, with Western Alliance included among names that still have differing views on credit quality and valuation. Analysts’ Opinions Are Mixed on These Financial Stocks: Western Alliance (WAL), GooseHead Insurance (GSHD) and KeyCorp (KEY) Neutral Sentiment: Regional bank earnings generally showed strong loan and deposit growth, which helped ease industry-wide credit concerns and created a more favorable backdrop for WAL. Regional banks report Q2 2026 earnings, easing credit concerns Western Alliance Bancorporation Price Performance WAL opened at $82.84 on Friday. The firm has a market cap of $9.04 billion, a P/E ratio of 9.33, a PEG ratio of 0.76 and a beta of 1.34. The firm has a 50-day moving average of $80.40 and a 200 day moving average of $81.20. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.81 and a current ratio of 0.85. Western Alliance Bancorporation has a fifty-two week low of $65.82 and a fifty-two week high of $97.23. Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.36. The business had revenue of $995.70 million during the quarter, compared to the consensus estimate of $980.53 million. Western Alliance Bancorporation had a net margin of 17.20% and a return on equity of 13.40%. The firm’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.07 earnings per share. On average, research analysts expect that Western Alliance Bancorporation will post 9.5 EPS for the current year. Western Alliance Bancorporation Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 14th were paid a dividend of $0.42 per share. The ex-dividend date was Thursday, May 14th. This represents a $1.68 annualized dividend and a dividend yield of 2.0%. Western Alliance Bancorporation’s dividend payout ratio (DPR) is presently 18.92%. Insider Activity at Western Alliance Bancorporation In related news, CAO Ben Mucha sold 5,946 shares of Western Alliance Bancorporation stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $81.00, for a total value of $481,626.00. Following the sale, the chief accounting officer owned 3,485 shares of the company’s stock, valued at approximately $282,285. The trade was a 63.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.76% of the company’s stock. Western Alliance Bancorporation Company Profile (Free Report) Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses. The company’s core offerings include deposit products, treasury management and a variety of lending services. Read More Five stocks we like better than Western Alliance Bancorporation Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Western Alliance Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Alliance Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINECalifornia Public Employees Retirement System Cuts Stake in HubSpot, Inc. $HUBS NEXT HEADLINE »D.A. Davidson & CO. Raises Stake in Schwab Fundamental U.S. Large Company ETF $FNDX |
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Western Alliance Bank Launches WA VenueX™ — Always-On Institutional Liquidity Hub and Financial Platform for the On-Chain Economy | FMP Stock News | |
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PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL), a leading national commercial bank with over $90 billion in assets, today formally announced the launch of WA VenueX™, an institutional financial platform that provides real-time U.S. dollar liquidity and supports digital asset activity within a regulated banking environment. WA VenueX Network™ is Western Alliance Bank's 24/7 U.S. dollar (USD) instant settlement network for approved institutional digital asset businesses. Since its in. |
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2026-07-24 13:15
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2026-07-24 03:58
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Bank of New York Mellon Corp Sells 30,327 Shares of Enersys $ENS | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Bank of New York Mellon Corp lessened its position in shares of Enersys (NYSE:ENS – Free Report) by 8.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 310,710 shares of the industrial products company’s stock after selling 30,327 shares during the quarter. Bank of New York Mellon Corp owned about 0.84% of Enersys worth $53,977,000 as of its most recent SEC filing. A number of other hedge funds also recently bought and sold shares of the business. CIBC Private Wealth Group LLC grew its stake in shares of Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after buying an additional 98 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in Enersys during the fourth quarter worth approximately $30,000. SBI Securities Co. Ltd. raised its position in Enersys by 239.7% during the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares during the period. Allworth Financial LP raised its holdings in Enersys by 442.2% during the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after buying an additional 199 shares during the period. Finally, Leonteq Securities AG bought a new stake in Enersys in the fourth quarter worth $37,000. Hedge funds and other institutional investors own 94.93% of the company’s stock. Analyst Upgrades and Downgrades ENS has been the subject of several recent analyst reports. Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. BTIG Research raised their price target on Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Oppenheimer boosted their price objective on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Finally, Roth Capital reaffirmed a “buy” rating and issued a $265.00 price objective on shares of Enersys in a research report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Enersys currently has a consensus rating of “Moderate Buy” and an average target price of $265.00. View Our Latest Analysis on Enersys Enersys Price Performance Enersys stock opened at $199.82 on Friday. The stock has a market cap of $7.29 billion, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 1.11 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76. Enersys has a 1 year low of $88.76 and a 1 year high of $244.30. The firm has a 50-day moving average of $219.83 and a two-hundred day moving average of $194.69. Enersys (NYSE:ENS – Get Free Report) last issued its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. During the same period last year, the company posted $2.97 earnings per share. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, research analysts forecast that Enersys will post 12.1 earnings per share for the current year. Enersys Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th were issued a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is presently 13.62%. Enersys Company Profile (Free Report) Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors. The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories. Featured Articles Five stocks we like better than Enersys Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Enersys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enersys and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBank of New York Mellon Corp Grows Stock Holdings in First American Financial Corporation $FAF NEXT HEADLINE »Wabtec (NYSE:WAB) Given New $315.00 Price Target at JPMorgan Chase & Co. |
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Enersys $ENS Shares Purchased by California Public Employees Retirement System | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026California Public Employees Retirement System lifted its stake in Enersys (NYSE:ENS – Free Report) by 12.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 85,138 shares of the industrial products company’s stock after purchasing an additional 9,590 shares during the quarter. California Public Employees Retirement System owned about 0.23% of Enersys worth $14,790,000 as of its most recent SEC filing. A number of other institutional investors also recently bought and sold shares of the stock. PFG Investments LLC lifted its stake in shares of Enersys by 4.2% during the fourth quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock worth $285,000 after buying an additional 78 shares during the period. Stifel Financial Corp lifted its position in Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock worth $624,000 after acquiring an additional 84 shares during the period. Kestra Advisory Services LLC grew its stake in Enersys by 4.9% during the 4th quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock valued at $295,000 after purchasing an additional 94 shares during the last quarter. Merit Financial Group LLC grew its stake in Enersys by 3.8% during the 3rd quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after purchasing an additional 97 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in shares of Enersys by 116.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 98 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets A number of equities research analysts recently commented on the company. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Oppenheimer increased their price objective on shares of Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. BTIG Research boosted their target price on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00. Get Our Latest Analysis on Enersys Enersys Trading Down 0.7% Shares of NYSE:ENS opened at $199.82 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. Enersys has a 12-month low of $88.76 and a 12-month high of $244.30. The business has a 50 day moving average of $219.83 and a two-hundred day moving average of $194.69. The company has a market capitalization of $7.29 billion, a PE ratio of 25.92, a PEG ratio of 1.11 and a beta of 1.17. Enersys (NYSE:ENS – Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. The business had revenue of $987.94 million for the quarter, compared to analysts’ expectations of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business’s revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. As a group, analysts forecast that Enersys will post 12.1 EPS for the current year. Enersys Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 19th were given a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is currently 13.62%. About Enersys (Free Report) Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors. The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories. Featured Articles Five stocks we like better than Enersys Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Enersys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enersys and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINECalifornia Public Employees Retirement System Makes New Investment in Arrowhead Pharmaceuticals, Inc. $ARWR NEXT HEADLINE »Watts Water Technologies, Inc. $WTS Shares Acquired by California Public Employees Retirement System |
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Canopy Growth to Report First Quarter Fiscal 2027 Financial Results on August 7, 2026 | FMP Stock News | |
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Canopy Growth Corporation (âCanopy Growthâ or the âCompanyâ) (TSX: WEED) (Nasdaq: CGC) will release its financial results for the first quarter fiscal |
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American Express Reports Second-Quarter 2026 Financial Results | FMP Stock News | |
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American Express Company (NYSE: AXP) today reported its second-quarter 2026 financial results. The earnings release and supplemental financial data are availab |
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Allspring Global Investments Holdings LLC Invests $6.93 Million in Ciena Corporation $CIEN | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Allspring Global Investments Holdings LLC acquired a new stake in shares of Ciena Corporation (NYSE:CIEN – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,690 shares of the communications equipment provider’s stock, valued at approximately $6,933,000. Other hedge funds have also recently made changes to their positions in the company. Transamerica Financial Advisors LLC increased its holdings in shares of Ciena by 71.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 106 shares of the communications equipment provider’s stock valued at $25,000 after purchasing an additional 44 shares during the period. Truvestments Capital LLC raised its stake in shares of Ciena by 45.3% in the fourth quarter. Truvestments Capital LLC now owns 154 shares of the communications equipment provider’s stock worth $36,000 after purchasing an additional 48 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new stake in shares of Ciena during the fourth quarter worth about $40,000. Bogart Wealth LLC lifted its holdings in shares of Ciena by 635.7% during the first quarter. Bogart Wealth LLC now owns 103 shares of the communications equipment provider’s stock worth $40,000 after purchasing an additional 89 shares during the period. Finally, Wolff Wiese Magana LLC purchased a new stake in Ciena in the fourth quarter valued at approximately $47,000. 91.99% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Several equities analysts recently weighed in on CIEN shares. Stifel Nicolaus set a $615.00 price target on shares of Ciena in a report on Friday, May 29th. Barclays lifted their price objective on shares of Ciena from $372.00 to $607.00 and gave the company an “overweight” rating in a research note on Friday, June 5th. Morgan Stanley upped their price objective on shares of Ciena from $405.00 to $490.00 and gave the company an “equal weight” rating in a report on Friday, June 5th. Weiss Ratings lowered shares of Ciena from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 7th. Finally, Needham & Company LLC reissued a “buy” rating and set a $600.00 target price on shares of Ciena in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $530.56. Check Out Our Latest Analysis on CIEN Insider Activity In related news, CEO Gary B. Smith sold 2,952 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $468.83, for a total value of $1,383,986.16. Following the completion of the transaction, the chief executive officer owned 254,886 shares of the company’s stock, valued at approximately $119,498,203.38. This represents a 1.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Marc D. Graff sold 126 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $466.20, for a total value of $58,741.20. Following the completion of the transaction, the chief financial officer directly owned 126,955 shares of the company’s stock, valued at $59,186,421. The trade was a 0.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 21,627 shares of company stock worth $10,974,985. 0.58% of the stock is currently owned by corporate insiders. Ciena Stock Performance CIEN opened at $406.37 on Friday. The firm has a fifty day moving average price of $480.43 and a 200 day moving average price of $409.42. Ciena Corporation has a 1 year low of $84.41 and a 1 year high of $637.51. The stock has a market cap of $57.52 billion, a P/E ratio of 135.46 and a beta of 1.27. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.73 and a quick ratio of 2.11. Ciena (NYSE:CIEN – Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The communications equipment provider reported $1.64 EPS for the quarter, beating the consensus estimate of $1.46 by $0.18. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.50 billion. Ciena had a net margin of 7.87% and a return on equity of 18.15%. The firm’s revenue was up 39.5% on a year-over-year basis. During the same quarter last year, the business earned $0.42 earnings per share. Equities research analysts anticipate that Ciena Corporation will post 5.4 earnings per share for the current year. Ciena Profile (Free Report) Ciena Corporation (NYSE: CIEN) is a global supplier of telecommunications networking equipment, software and services. The company develops high-capacity optical transport systems and packet-optical platforms that enable service providers, cloud operators and large enterprises to build, manage and scale their networks. Ciena’s product portfolio includes coherent optical solutions, packet networking platforms and a suite of network automation software designed to optimize bandwidth, reduce latency and simplify network operations. In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance. Featured Articles Five stocks we like better than Ciena Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding CIEN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ciena Corporation (NYSE:CIEN – Free Report). Receive News & Ratings for Ciena Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ciena and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAssetmark Inc. Has $2.32 Million Holdings in Sandisk Corporation $SNDK NEXT HEADLINE »Andra AP fonden Decreases Position in MSCI Inc $MSCI |
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Ciena Corporation $CIEN is Atika Capital Management LLC’s 10th Largest Position | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Atika Capital Management LLC cut its holdings in Ciena Corporation (NYSE:CIEN – Free Report) by 27.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,651 shares of the communications equipment provider’s stock after selling 16,349 shares during the quarter. Ciena accounts for 2.1% of Atika Capital Management LLC’s portfolio, making the stock its 10th biggest holding. Atika Capital Management LLC’s holdings in Ciena were worth $16,947,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently bought and sold shares of CIEN. Bogart Wealth LLC lifted its holdings in Ciena by 635.7% in the first quarter. Bogart Wealth LLC now owns 103 shares of the communications equipment provider’s stock valued at $40,000 after acquiring an additional 89 shares during the period. Transamerica Financial Advisors LLC boosted its stake in shares of Ciena by 71.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 106 shares of the communications equipment provider’s stock worth $25,000 after acquiring an additional 44 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Ciena by 85.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 141 shares of the communications equipment provider’s stock worth $55,000 after acquiring an additional 65 shares during the period. Truvestments Capital LLC grew its holdings in shares of Ciena by 45.3% in the 4th quarter. Truvestments Capital LLC now owns 154 shares of the communications equipment provider’s stock worth $36,000 after acquiring an additional 48 shares during the period. Finally, Ascentis Independent Advisors purchased a new position in Ciena in the 1st quarter valued at approximately $65,000. Institutional investors and hedge funds own 91.99% of the company’s stock. Wall Street Analysts Forecast Growth CIEN has been the subject of several research reports. Barclays lifted their price objective on Ciena from $372.00 to $607.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. Zacks Research upgraded shares of Ciena from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Argus set a $650.00 target price on shares of Ciena in a report on Friday, June 5th. Weiss Ratings cut shares of Ciena from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, July 7th. Finally, Citigroup increased their price target on shares of Ciena from $345.00 to $658.00 and gave the company a “buy” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $530.56. Read Our Latest Stock Analysis on Ciena Ciena Stock Up 2.3% Shares of NYSE:CIEN opened at $406.37 on Friday. The company has a current ratio of 2.73, a quick ratio of 2.11 and a debt-to-equity ratio of 0.53. The firm has a market cap of $57.52 billion, a price-to-earnings ratio of 135.46 and a beta of 1.27. The stock’s 50-day moving average price is $480.43 and its two-hundred day moving average price is $409.42. Ciena Corporation has a 12-month low of $84.41 and a 12-month high of $637.51. Ciena (NYSE:CIEN – Get Free Report) last posted its quarterly earnings data on Thursday, June 4th. The communications equipment provider reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.18. Ciena had a net margin of 7.87% and a return on equity of 18.15%. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the company posted $0.42 EPS. The company’s quarterly revenue was up 39.5% compared to the same quarter last year. On average, research analysts forecast that Ciena Corporation will post 5.4 EPS for the current year. Insider Buying and Selling In related news, CFO Marc D. Graff sold 126 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $466.20, for a total value of $58,741.20. Following the transaction, the chief financial officer directly owned 126,955 shares of the company’s stock, valued at approximately $59,186,421. This trade represents a 0.10% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Cumello sold 1,586 shares of Ciena stock in a transaction on Friday, June 26th. The shares were sold at an average price of $466.33, for a total value of $739,599.38. Following the completion of the transaction, the senior vice president owned 42,872 shares in the company, valued at $19,992,499.76. The trade was a 3.57% decrease in their position. 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 21,627 shares of company stock worth $10,974,985 over the last 90 days. Company insiders own 0.58% of the company’s stock. Ciena Profile (Free Report) Ciena Corporation (NYSE: CIEN) is a global supplier of telecommunications networking equipment, software and services. The company develops high-capacity optical transport systems and packet-optical platforms that enable service providers, cloud operators and large enterprises to build, manage and scale their networks. Ciena’s product portfolio includes coherent optical solutions, packet networking platforms and a suite of network automation software designed to optimize bandwidth, reduce latency and simplify network operations. In addition to hardware offerings, Ciena provides professional services and support, including network design, implementation and ongoing maintenance. Featured Articles Five stocks we like better than Ciena Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Ciena Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ciena and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAssetmark Inc. Increases Position in Keurig Dr Pepper, Inc $KDP NEXT HEADLINE »Arrowstreet Capital Limited Partnership Trims Stake in Micron Technology, Inc. $MU |
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Algoma Central Corporation to Issue Second Quarter Financial Results on August 7, 2026 | FMP Stock News | |
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ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (TSX: ALC) today announced it will report its financial results for the three and six months ended June 30, 2026 before market open on August 7, 2026. The Company's second quarter earnings release and full financial results will be available on the Company's website and on SEDAR. Algoma Central Corporation is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical indus. |
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California Public Employees Retirement System Grows Stake in Commercial Metals Company $CMC | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026California Public Employees Retirement System grew its stake in shares of Commercial Metals Company (NYSE:CMC – Free Report) by 11.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 277,877 shares of the basic materials company’s stock after acquiring an additional 28,693 shares during the quarter. California Public Employees Retirement System owned about 0.25% of Commercial Metals worth $17,070,000 as of its most recent SEC filing. Several other large investors have also recently modified their holdings of CMC. Global Retirement Partners LLC grew its position in Commercial Metals by 110.7% during the 4th quarter. Global Retirement Partners LLC now owns 573 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 301 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in Commercial Metals during the 4th quarter valued at about $54,000. Caitong International Asset Management Co. Ltd raised its holdings in Commercial Metals by 617.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock worth $58,000 after buying an additional 716 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Commercial Metals in the fourth quarter worth about $59,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Commercial Metals by 84.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,550 shares of the basic materials company’s stock worth $76,000 after buying an additional 708 shares during the last quarter. Hedge funds and other institutional investors own 86.90% of the company’s stock. Commercial Metals Stock Down 0.2% Shares of CMC stock opened at $67.96 on Friday. Commercial Metals Company has a 12 month low of $49.66 and a 12 month high of $84.87. The stock has a market cap of $7.52 billion, a P/E ratio of 12.80, a P/E/G ratio of 0.39 and a beta of 1.54. The company has a current ratio of 2.33, a quick ratio of 1.54 and a debt-to-equity ratio of 0.73. The company has a 50 day simple moving average of $70.18 and a two-hundred day simple moving average of $70.51. Commercial Metals (NYSE:CMC – Get Free Report) last released its quarterly earnings results on Thursday, June 25th. The basic materials company reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.03. The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.40 billion. Commercial Metals had a return on equity of 15.69% and a net margin of 6.72%.Commercial Metals’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.74 earnings per share. On average, research analysts expect that Commercial Metals Company will post 6.63 earnings per share for the current year. Commercial Metals Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, July 6th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, July 6th. Commercial Metals’s payout ratio is presently 15.07%. Insider Activity at Commercial Metals In other Commercial Metals news, CEO Peter R. Matt acquired 8,230 shares of the company’s stock in a transaction dated Friday, July 10th. The stock was purchased at an average price of $61.30 per share, with a total value of $504,499.00. Following the completion of the purchase, the chief executive officer directly owned 181,522 shares in the company, valued at approximately $11,127,298.60. The trade was a 4.75% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.62% of the stock is owned by insiders. Wall Street Analyst Weigh In CMC has been the topic of a number of recent analyst reports. Citigroup cut their price target on shares of Commercial Metals from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft raised Commercial Metals to a “buy” rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. reduced their target price on Commercial Metals from $83.00 to $78.00 and set an “overweight” rating for the company in a report on Tuesday, April 14th. Zacks Research upgraded Commercial Metals from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Finally, BNP Paribas Exane upgraded Commercial Metals from a “neutral” rating to an “outperform” rating and set a $75.00 price target for the company in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Commercial Metals currently has a consensus rating of “Moderate Buy” and an average price target of $79.45. Read Our Latest Research Report on Commercial Metals Commercial Metals Company Profile (Free Report) Commercial Metals Company (NYSE: CMC) is a leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas. The company operates an integrated network of scrap recycling facilities, electric arc furnace steel mills, metal fabrication plants and distribution centers. Through these operations, Commercial Metals collects and processes ferrous scrap to produce finished steel products and provides recycled metal to a variety of end markets. In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products. See Also Five stocks we like better than Commercial Metals Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding CMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Commercial Metals Company (NYSE:CMC – Free Report). Receive News & Ratings for Commercial Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Metals and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAlphabet Q2 Earnings Call Highlights |
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Bank of New York Mellon Corp Grows Stock Holdings in First American Financial Corporation $FAF | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Bank of New York Mellon Corp grew its position in shares of First American Financial Corporation (NYSE:FAF – Free Report) by 2.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 899,197 shares of the insurance provider’s stock after acquiring an additional 25,671 shares during the period. Bank of New York Mellon Corp owned about 0.88% of First American Financial worth $54,213,000 as of its most recent SEC filing. A number of other institutional investors also recently modified their holdings of FAF. Northwestern Mutual Wealth Management Co. increased its holdings in First American Financial by 4,485,375.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,786,263 shares of the insurance provider’s stock valued at $355,508,000 after purchasing an additional 5,786,134 shares during the period. Norges Bank purchased a new stake in First American Financial in the 4th quarter worth approximately $75,011,000. Manning & Napier Advisors LLC purchased a new stake in First American Financial in the 4th quarter worth approximately $63,693,000. Boston Partners grew its position in shares of First American Financial by 8.9% in the 3rd quarter. Boston Partners now owns 6,133,594 shares of the insurance provider’s stock worth $393,690,000 after buying an additional 500,649 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of First American Financial by 88.0% in the 4th quarter. AQR Capital Management LLC now owns 1,037,854 shares of the insurance provider’s stock worth $63,766,000 after buying an additional 485,731 shares during the last quarter. 89.05% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity In related news, SVP Lisa W. Cornehl sold 5,823 shares of First American Financial stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $68.63, for a total transaction of $399,632.49. Following the completion of the transaction, the senior vice president directly owned 29,635 shares of the company’s stock, valued at $2,033,850.05. This trade represents a 16.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.50% of the stock is currently owned by insiders. Key First American Financial News Here are the key news stories impacting First American Financial this week: Positive Sentiment: FAF beat second-quarter expectations, reporting $2.08 in EPS versus the $1.80 consensus and revenue of $2.11 billion versus $2.03 billion expected, helped by commercial title strength, higher investment income, and better average revenue per order. Article Title Positive Sentiment: Benchmark Co. initiated coverage with a Buy rating and an $85 price target, implying meaningful upside from recent trading levels. Article Title Neutral Sentiment: Several transcript and earnings-snapshot articles from Benzinga, Seeking Alpha, and other outlets mainly repeat the same strong quarterly results and conference call details, reinforcing the upbeat but not materially new narrative. Article Title Neutral Sentiment: Zacks Research nudged some future EPS estimates higher for 2027 and 2028, but cut its Q1 2027 forecast, leaving the longer-term outlook mixed while maintaining a Hold rating. Article Title Analyst Ratings Changes A number of equities analysts recently commented on FAF shares. Barclays upped their target price on First American Financial from $80.00 to $83.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Zacks Research cut shares of First American Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Truist Financial boosted their price objective on shares of First American Financial from $82.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Weiss Ratings restated a “buy (b)” rating on shares of First American Financial in a report on Monday. Finally, Wall Street Zen cut shares of First American Financial from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.20. Get Our Latest Stock Report on FAF First American Financial Stock Performance Shares of NYSE:FAF opened at $69.08 on Friday. First American Financial Corporation has a 52-week low of $56.20 and a 52-week high of $73.50. The firm has a market capitalization of $7.04 billion, a P/E ratio of 9.57, a P/E/G ratio of 0.69 and a beta of 1.23. The stock has a 50 day moving average price of $68.22 and a 200-day moving average price of $65.91. First American Financial (NYSE:FAF – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $2.08 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.28. The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.03 billion. First American Financial had a return on equity of 13.43% and a net margin of 9.33%.The firm’s revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.53 earnings per share. On average, equities analysts forecast that First American Financial Corporation will post 6.74 EPS for the current fiscal year. First American Financial Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 8th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, June 8th. First American Financial’s dividend payout ratio (DPR) is presently 33.79%. First American Financial Profile (Free Report) First American Financial Corporation is a leading provider of title insurance, settlement services and diversified real estate-related data and analytics. Headquartered in Santa Ana, California, the company serves customers throughout the United States as well as in Canada, Europe, Latin America and Asia. Its business is built on the underwriting capabilities of its title insurance operations combined with comprehensive closing and escrow services for homebuyers, sellers, mortgage lenders and real estate professionals. The company’s title insurance segment issues policies that protect property owners and mortgage lenders against defects in titles, liens or encumbrances that can arise during real property transactions. Featured Articles Five stocks we like better than First American Financial Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for First American Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First American Financial and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEKeysight Technologies Inc. $KEYS Stake Lifted by ABN Amro Investment Solutions NEXT HEADLINE »Bank of New York Mellon Corp Sells 30,327 Shares of Enersys $ENS |
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BTU Alert: Hagens Berman Investigates Alleged Securities Law Violations at Peabody Energy Corporation (NYSE: BTU) Following Pending Class Action Litigation | FMP Stock News | |
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, /PRNewswire/ -- Hagens Berman, a leading national shareholder rights law firm, is conducting an investigation into Peabody Energy Corporation (NYSE: BTU) regarding alleged violations of federal securities laws. This investigation follows the recent filing of a class action lawsuit, which alleges that Peabody misled investors concerning the operational status and production capabilities of its flagship underground longwall metallurgical coal mine, Centurion, in Queensland, Australia.INVESTOR NOTICE: DEADLINE APPROACHING Action: Submit your Peabody losses here Class Period: Oct. 14, 2024 – May 4, 2026 Lead Plaintiff Deadline: Aug. 24, 2026 Visit: www.hbsslaw.com/investor-fraud/btu Contact the Firm Now: [email protected] | 844-916-0895 Focus of Peabody Energy (BTU) Securities Class Action: The pending securities class action alleges that Peabody and its management made materially false and misleading statements regarding the true state of the Centurion mine and its readiness to achieve full-scale production. The complaint contends that throughout the class period, the company repeatedly assured investors that development was on track—highlighting in February 2026 that the team was installing the "very last shield" and that mining of premier metallurgical coal had begun. Plaintiffs allege these statements were false because the company was encountering mechanical, electrical, and operational issues that severely impaired the ramp-up, all of which management allegedly knew or recklessly disregarded while maintaining positive production and financial guidance. The truth behind these alleged misrepresentations emerged in stages through surprise disclosures. On March 30, 2026, Peabody filed a current report with the SEC abruptly slashing its first-quarter Centurion production guidance from approximately 700,000 tons down to roughly 250,000 tons. The news sent the price of Peabody shares down almost 10%. Subsequently, on May 5, 2026, the company disclosed further setbacks, lowering its full-year sales outlook for Centurion to 2.5 million tons and citing commissioning and operational headwinds. This full year 28% reduction helped send the price of Peabody shares down nearly 6%. "Our investigation is actively probing the full scope of these pending claims to determine exactly when Peabody's management knew that the production ramp-up at the Centurion mine was falling off track," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the alleged claim in the pending suit. Investor Rights Investors who purchased or acquired Peabody Energy common stock during the Class Period are encouraged to contact our legal team: Report your losses to HBSS: Click here Email: [email protected] Phone: 844-916-0895 If you'd like more information and answers to other frequently asked questions about the Peabody case and the firm's investigation, read more. Whistleblowers: Persons with non-public information regarding Peabody Energy should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected]. About Hagens Berman Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Attorney Advertising. Prior results do not guarantee a similar outcome in any future case. SOURCE Hagens Berman Sobol Shapiro LLP |
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INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Peabody Energy Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - BTU | FMP Stock News | |
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, /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Peabody Energy Corporation (NYSE: BTU) common stock between October 14, 2024 and May 4, 2026, both dates inclusive (the "Class Period"), have until Monday, August 24, 2026 to seek appointment as lead plaintiff of the Peabody Energy class action lawsuit. Captioned McGeachy v. Peabody Energy Corporation, No. 26-cv-01020 (E.D. Mo.), the Peabody Energy class action lawsuit charges Peabody Energy as well as certain of Peabody Energy's top current and former 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 Peabody Energy class action lawsuit, please provide your information here: https://www.rgrdlaw.com/cases-peabody-energy-corporation-class-action-lawsuit-btu.html 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: Peabody Energy engages in the production of metallurgical and thermal coal. The Peabody Energy class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) defendants created the false impression that they possessed reliable information pertaining to Peabody Energy's Centurion mine ramp-up and anticipated growth; and (ii) there was a multitude of issues causing delays to the Centurion mine ramp-up and the return to full longwall production dates. On March 30, 2026, Peabody Energy issued a press release allegedly lowering guidance pertaining to Centurion mine's expected first quarter 2026 output by 450,000 tons ahead of Peabody Energy's full earnings release. On this news, the price of Peabody Energy stock fell nearly 10%, according to the complaint. Then, on May 5, 2026, Peabody Energy issued a press release allegedly disclosing Peabody Energy's failure to ramp-up Centurion by the long-awaited March 2026 deadline and that Peabody Energy was cutting guidance related to full year met segment volumes to reflect the increased cost and substantial volume decrease. On this news, the price of Peabody Energy stock fell nearly 6%, according to the complaint. THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Peabody Energy common stock during the Class Period to seek appointment as lead plaintiff in the Peabody Energy 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 Peabody Energy class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Peabody Energy class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Peabody Energy 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: https://www.rgrdlaw.com/services-litigation-securities-fraud.html Past results do not guarantee future outcomes. Services may be performed by attorneys in any of our offices. Contact: Robbins Geller Rudman & Dowd LLP Ken Dolitsky Michael Albert 655 W. Broadway, Suite 1900, San Diego, CA 92101 800/851-7783 [email protected] SOURCE Robbins Geller Rudman & Dowd LLP |
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Bank of Nova Scotia Has $169.36 Million Stake in Barrick Mining Corporation $B | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Bank of Nova Scotia decreased its position in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 10.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,145,547 shares of the gold and copper producer’s stock after selling 480,790 shares during the quarter. Bank of Nova Scotia owned about 0.25% of Barrick Mining worth $169,360,000 as of its most recent filing with the SEC. A number of other hedge funds have also recently added to or reduced their stakes in B. Bogart Wealth LLC increased its stake in shares of Barrick Mining by 3.5% during the 4th quarter. Bogart Wealth LLC now owns 6,442 shares of the gold and copper producer’s stock worth $281,000 after purchasing an additional 218 shares during the last quarter. Parvin Asset Management LLC raised its holdings in shares of Barrick Mining by 0.7% during the 4th quarter. Parvin Asset Management LLC now owns 33,385 shares of the gold and copper producer’s stock valued at $1,454,000 after purchasing an additional 225 shares in the last quarter. Silver Oak Securities Incorporated lifted its stake in shares of Barrick Mining by 2.9% in the 1st quarter. Silver Oak Securities Incorporated now owns 8,810 shares of the gold and copper producer’s stock valued at $359,000 after purchasing an additional 246 shares during the last quarter. Mmbg Investment Advisors CO. increased its position in Barrick Mining by 0.6% during the fourth quarter. Mmbg Investment Advisors CO. now owns 43,454 shares of the gold and copper producer’s stock worth $1,892,000 after buying an additional 254 shares during the last quarter. Finally, S.A. Mason LLC raised its holdings in Barrick Mining by 1.3% during the fourth quarter. S.A. Mason LLC now owns 23,114 shares of the gold and copper producer’s stock valued at $1,007,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 90.82% of the company’s stock. Analysts Set New Price Targets A number of brokerages have weighed in on B. Royal Bank Of Canada reduced their price target on Barrick Mining from $51.00 to $49.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Scotiabank lowered their price objective on Barrick Mining from $63.00 to $57.00 and set a “sector outperform” rating on the stock in a report on Tuesday, July 14th. Bank of America cut their price objective on Barrick Mining from $58.00 to $56.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. ATB Cormark Capital Markets lowered Barrick Mining from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Canadian Imperial Bank of Commerce decreased their target price on Barrick Mining to $63.00 and set an “outperformer” rating for the company in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $52.46. Get Our Latest Stock Report on Barrick Mining Trending Headlines about Barrick Mining Here are the key news stories impacting Barrick Mining this week: Positive Sentiment: Gold’s move above $4,000 an ounce and renewed central-bank buying are supporting the broader gold-mining trade, which could lift sentiment toward Barrick Mining and other producers. Gold price above USD 4,000 and central bank rally: Barrick Mining, Lahontan Gold, Newmont—time to buy now? Positive Sentiment: Barrick is being highlighted by market commentators as a potential beneficiary of the strong gold backdrop, reinforcing the view that the company’s core business is well positioned if bullion stays high. Man Who Called 2008 Crash Says Now Is the Time to “Invest in Early-Stage Gold Stocks” Positive Sentiment: Barrick’s purchase of roughly a 9.9% stake in Kingfisher Metals gives it additional exposure to the HWY 37 project and adds exploration upside through technical collaboration, which investors may view as a growth-oriented move. Barrick Mining Buys 10% Stake in Kingfisher Metals for C$20.9 Million Positive Sentiment: Barrick also announced the start of an exploration program with Midland on the Lewis project, signaling continued investment in future resource growth. Midland, in Partnership with Barrick, Commences an Exploration Program for Gold on the Lewis Project Neutral Sentiment: News that Barrick supports local content rules is more likely to be viewed as a policy and operating update than a direct earnings catalyst. Barrick supports local content rules Neutral Sentiment: JPMorgan lowered its price target on Barrick to $50, which adds a note of caution but does not change the broader positive gold-sector backdrop. JPMorgan Chase & Co. Lowers Barrick Mining (NYSE:B) Price Target to $50.00 Barrick Mining Stock Performance Shares of B opened at $37.15 on Friday. The company has a market capitalization of $61.79 billion, a PE ratio of 10.26, a price-to-earnings-growth ratio of 0.79 and a beta of 0.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.44. Barrick Mining Corporation has a one year low of $20.94 and a one year high of $54.69. The company’s fifty day moving average price is $38.93 and its 200 day moving average price is $42.80. Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last released its quarterly earnings results on Monday, May 11th. The gold and copper producer reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. The company had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Barrick Mining had a net margin of 32.14% and a return on equity of 14.81%. The firm’s revenue for the quarter was up 66.7% compared to the same quarter last year. As a group, analysts expect that Barrick Mining Corporation will post 3.61 earnings per share for the current year. Barrick Mining Cuts Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, May 29th. Barrick Mining’s payout ratio is currently 19.34%. Barrick Mining Company Profile (Free Report) Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore. The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation. Featured Stories Five stocks we like better than Barrick Mining Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding B? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX). Receive News & Ratings for Barrick Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrick Mining and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBank of Nova Scotia Buys 248,965 Shares of Norfolk Southern Corporation $NSC NEXT HEADLINE »Bank of Nova Scotia Has $143.76 Million Holdings in Canadian National Railway Company $CNI |
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Five Below, Inc. $FIVE Shares Sold by Atika Capital Management LLC | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Atika Capital Management LLC trimmed its position in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 29.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,480 shares of the specialty retailer’s stock after selling 16,720 shares during the quarter. Five Below makes up approximately 1.1% of Atika Capital Management LLC’s investment portfolio, making the stock its 21st largest position. Atika Capital Management LLC owned about 0.07% of Five Below worth $9,020,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in FIVE. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Five Below by 40,774,210.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock worth $10,445,139,000 after purchasing an additional 55,452,926 shares during the last quarter. Marshall Wace LLP grew its position in shares of Five Below by 54.6% in the fourth quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock valued at $336,254,000 after purchasing an additional 630,710 shares in the last quarter. Federated Hermes Inc. increased its holdings in shares of Five Below by 3.1% in the fourth quarter. Federated Hermes Inc. now owns 1,508,393 shares of the specialty retailer’s stock valued at $284,121,000 after purchasing an additional 45,761 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Five Below by 40.6% in the fourth quarter. Wellington Management Group LLP now owns 1,192,697 shares of the specialty retailer’s stock valued at $224,656,000 after purchasing an additional 344,592 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in Five Below by 176.0% during the fourth quarter. AQR Capital Management LLC now owns 1,168,832 shares of the specialty retailer’s stock worth $220,161,000 after buying an additional 745,272 shares in the last quarter. Analyst Ratings Changes A number of research firms have weighed in on FIVE. Jefferies Financial Group reissued a “hold” rating on shares of Five Below in a research note on Thursday, June 4th. Wall Street Zen raised Five Below from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Barclays dropped their price target on shares of Five Below from $240.00 to $224.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. UBS Group restated a “buy” rating and set a $285.00 price target on shares of Five Below in a report on Thursday, June 4th. Finally, HSBC raised shares of Five Below to a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $254.05. Check Out Our Latest Stock Report on FIVE Five Below Stock Down 1.7% NASDAQ:FIVE opened at $201.31 on Friday. Five Below, Inc. has a 52 week low of $130.00 and a 52 week high of $251.63. The company has a fifty day simple moving average of $198.99 and a two-hundred day simple moving average of $209.58. The company has a market cap of $11.13 billion, a price-to-earnings ratio of 25.42, a price-to-earnings-growth ratio of 1.08 and a beta of 1.00. Five Below (NASDAQ:FIVE – Get Free Report) last announced its quarterly earnings data on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.45. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The company’s revenue for the quarter was up 32.5% compared to the same quarter last year. During the same period last year, the firm earned $0.86 earnings per share. Five Below has set its FY 2026 guidance at 8.650-9.050 EPS and its Q2 2026 guidance at 1.170-1.290 EPS. On average, analysts expect that Five Below, Inc. will post 9.08 EPS for the current year. Five Below Profile (Free Report) Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S. Read More Five stocks we like better than Five Below Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVE – Free Report). Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAristides Capital LLC Reduces Stock Holdings in Ituran Location and Control Ltd. $ITRN NEXT HEADLINE »ABN Amro Investment Solutions Trims Holdings in Truist Financial Corporation $TFC |
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Bank of New York Mellon Corp Has $50.77 Million Stock Holdings in Lamb Weston $LW | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Bank of New York Mellon Corp reduced its position in shares of Lamb Weston (NYSE:LW – Free Report) by 11.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,201,497 shares of the specialty retailer’s stock after selling 155,235 shares during the period. Bank of New York Mellon Corp owned 0.87% of Lamb Weston worth $50,775,000 at the end of the most recent reporting period. Several other hedge funds have also recently added to or reduced their stakes in the business. Arnhold LLC increased its stake in shares of Lamb Weston by 710.2% during the fourth quarter. Arnhold LLC now owns 38,217 shares of the specialty retailer’s stock worth $1,601,000 after purchasing an additional 33,500 shares during the period. Dana Investment Advisors Inc. boosted its stake in Lamb Weston by 44.8% in the 4th quarter. Dana Investment Advisors Inc. now owns 89,991 shares of the specialty retailer’s stock valued at $3,770,000 after purchasing an additional 27,835 shares during the period. SG Americas Securities LLC boosted its stake in Lamb Weston by 2,682.3% in the 4th quarter. SG Americas Securities LLC now owns 801,708 shares of the specialty retailer’s stock valued at $33,584,000 after purchasing an additional 772,893 shares during the period. Texas Yale Capital Corp. acquired a new position in Lamb Weston in the 4th quarter valued at $1,264,000. Finally, Assenagon Asset Management S.A. acquired a new position in Lamb Weston in the 4th quarter valued at $5,900,000. Institutional investors own 89.56% of the company’s stock. Wall Street Analysts Forecast Growth LW has been the subject of a number of research reports. Barclays lifted their target price on Lamb Weston from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Lamb Weston from $46.00 to $40.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Lamb Weston in a research report on Wednesday, July 8th. Stifel Nicolaus dropped their price objective on shares of Lamb Weston from $50.00 to $45.00 and set a “hold” rating for the company in a research note on Thursday, April 2nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Lamb Weston from $43.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $49.27. Get Our Latest Research Report on Lamb Weston Lamb Weston Stock Up 2.4% LW stock opened at $49.17 on Friday. The company has a market cap of $6.79 billion, a PE ratio of 22.98, a price-to-earnings-growth ratio of 6.37 and a beta of 0.47. The business has a 50-day simple moving average of $44.62 and a 200 day simple moving average of $44.22. Lamb Weston has a 52 week low of $37.62 and a 52 week high of $67.07. The company has a quick ratio of 0.69, a current ratio of 1.46 and a debt-to-equity ratio of 1.99. Lamb Weston Profile (Free Report) Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands. Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products. Further Reading Five stocks we like better than Lamb Weston Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding LW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lamb Weston (NYSE:LW – Free Report). Receive News & Ratings for Lamb Weston Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lamb Weston and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINETELUS Corporation $TU Shares Acquired by Bank of Nova Scotia NEXT HEADLINE »Nutrien Ltd. $NTR Shares Sold by Bank of Nova Scotia |
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Lamb Weston Holdings Announces Quarterly Dividend | FMP Stock News | |
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EAGLE, Idaho--(BUSINESS WIRE)--The Board of Directors of Lamb Weston Holdings, Inc. (NYSE: LW) has declared a quarterly dividend of $0.38 per share of Lamb Weston common stock. The dividend is payable on September 4, 2026, to stockholders of record as of the close of business on August 7, 2026. About Lamb Weston Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers around the world. For more than 75 years, Lamb Weston has led the industry in innovation, introd. |
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Lamb Weston Announces Q4 and Full Year Fiscal 2026 Results; Company Delivered Net Sales and Adjusted EBITDA Exceeding High End of Guidance and Advanced Focus to Win Strategy | FMP Stock News | |
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EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today its fiscal fourth quarter and full year 2026 results and provided its fiscal 2027 outlook. “This past year marked an important inflection point for our Company,” said Mike Smith, Lamb Weston president and CEO. “We overdelivered on our financial guidance with solid performance in sales and profitability, led by volume growth in North America. While disruption in the Middle East and input cost inflation have impa. |
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Lamb Weston Posts Higher Sales on North America Growth | FMP Stock News | |
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The french-fry maker logged higher sales in its fiscal fourth quarter, as volume growth in North America helped offset continued cost inflation and geopolitical volatility, which weighed on international sales. |
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California Public Employees Retirement System Reduces Stock Position in CareTrust REIT, Inc. $CTRE | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026California Public Employees Retirement System cut its holdings in CareTrust REIT, Inc. (NYSE:CTRE – Free Report) by 4.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 504,771 shares of the company’s stock after selling 26,286 shares during the period. California Public Employees Retirement System owned about 0.23% of CareTrust REIT worth $18,500,000 at the end of the most recent reporting period. Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in CareTrust REIT by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 33,184,181 shares of the company’s stock worth $1,199,940,000 after acquiring an additional 210,965 shares in the last quarter. State Street Corp raised its position in CareTrust REIT by 1.8% during the fourth quarter. State Street Corp now owns 12,426,213 shares of the company’s stock valued at $453,411,000 after purchasing an additional 219,641 shares during the period. Wellington Management Group LLP lifted its stake in shares of CareTrust REIT by 18.1% in the 4th quarter. Wellington Management Group LLP now owns 12,355,966 shares of the company’s stock valued at $446,792,000 after purchasing an additional 1,893,143 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in shares of CareTrust REIT by 108.5% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 6,493,898 shares of the company’s stock valued at $234,820,000 after purchasing an additional 3,379,732 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of CareTrust REIT by 7.2% in the 4th quarter. Geode Capital Management LLC now owns 6,092,398 shares of the company’s stock valued at $220,332,000 after purchasing an additional 409,411 shares during the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several equities analysts have recently weighed in on the company. Citigroup reissued a “market outperform” rating on shares of CareTrust REIT in a research report on Wednesday, June 10th. KeyCorp restated an “overweight” rating and issued a $46.00 price target on shares of CareTrust REIT in a research report on Friday, May 29th. Zacks Research raised shares of CareTrust REIT from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Mizuho set a $45.00 price objective on shares of CareTrust REIT in a research report on Friday, May 22nd. Finally, Raymond James Financial initiated coverage on shares of CareTrust REIT in a research report on Tuesday, June 16th. They set an “outperform” rating and a $43.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued 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 $44.82. View Our Latest Analysis on CareTrust REIT CareTrust REIT Price Performance CareTrust REIT stock opened at $42.35 on Friday. The stock has a market cap of $10.00 billion, a price-to-earnings ratio of 27.15, a price-to-earnings-growth ratio of 1.91 and a beta of 0.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.38 and a quick ratio of 2.37. CareTrust REIT, Inc. has a 1 year low of $30.51 and a 1 year high of $43.60. The firm has a 50-day moving average of $39.99 and a two-hundred day moving average of $39.18. CareTrust REIT Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, June 30th. CareTrust REIT’s payout ratio is currently 100.00%. CareTrust REIT Profile (Free Report) CareTrust REIT, Inc is a real estate investment trust based in Deerfield Beach, Florida, specializing in the ownership, acquisition and management of net-leased healthcare properties. The company primarily focuses on seniors housing and post-acute care facilities, entering into long-term, triple-net lease agreements with leading operators in the skilled nursing, assisted living, memory care, inpatient rehabilitation and specialty hospital sectors. Through its portfolio, CareTrust REIT aims to provide investors with stable and predictable rental income while supporting the ongoing demand for quality healthcare real estate across the United States. Since its initial public offering in September 2013, CareTrust REIT has pursued a disciplined acquisition strategy, targeting properties in primary and select secondary markets. Featured Articles Five stocks we like better than CareTrust REIT Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding CTRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CareTrust REIT, Inc. (NYSE:CTRE – Free Report). Receive News & Ratings for CareTrust REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CareTrust REIT and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINED.A. Davidson & CO. Has $960,000 Stake in FirstEnergy Corporation $FE NEXT HEADLINE »California Public Employees Retirement System Purchases New Shares in TTM Technologies, Inc. $TTMI |
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Bank of Nova Scotia Cuts Stake in The Progressive Corporation $PGR | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Bank of Nova Scotia lessened its holdings in shares of The Progressive Corporation (NYSE:PGR – Free Report) by 69.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 389,312 shares of the insurance provider’s stock after selling 878,084 shares during the quarter. Bank of Nova Scotia owned about 0.07% of Progressive worth $77,180,000 at the end of the most recent quarter. A number of other large investors also recently added to or reduced their stakes in the business. Bogart Wealth LLC lifted its holdings in shares of Progressive by 235.1% in the first quarter. Bogart Wealth LLC now owns 124 shares of the insurance provider’s stock worth $25,000 after buying an additional 87 shares in the last quarter. Bard Associates Inc. bought a new stake in Progressive in the 4th quarter valued at $27,000. HHM Wealth Advisors LLC increased its holdings in Progressive by 700.0% in the 1st quarter. HHM Wealth Advisors LLC now owns 144 shares of the insurance provider’s stock valued at $29,000 after acquiring an additional 126 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in Progressive in the 4th quarter worth $29,000. Finally, Entrust Financial LLC bought a new position in shares of Progressive during the 4th quarter valued at about $33,000. 85.34% of the stock is owned by hedge funds and other institutional investors. Progressive Trading Up 1.2% Shares of NYSE PGR opened at $207.06 on Friday. The business’s 50 day moving average is $209.60 and its two-hundred day moving average is $205.86. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.32 and a quick ratio of 0.27. The Progressive Corporation has a 1-year low of $189.20 and a 1-year high of $254.93. The stock has a market capitalization of $120.99 billion, a P/E ratio of 10.38, a PEG ratio of 2.75 and a beta of 0.26. Progressive Announces Dividend The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 2nd were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $0.40 annualized dividend and a dividend yield of 0.2%. Progressive’s payout ratio is currently 2.01%. Analyst Ratings Changes PGR has been the subject of a number of research analyst reports. Wells Fargo & Company cut their price objective on Progressive from $205.00 to $198.00 and set an “underweight” rating for the company in a research report on Thursday, July 16th. JPMorgan Chase & Co. restated a “neutral” rating and set a $250.00 price target on shares of Progressive in a report on Tuesday, July 14th. UBS Group lifted their price objective on Progressive from $220.00 to $230.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Morgan Stanley lowered their target price on Progressive from $205.00 to $190.00 and set an “underweight” rating for the company in a research report on Tuesday, March 31st. Finally, William Blair reissued a “market perform” rating on shares of Progressive in a report on Wednesday, July 15th. Five research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Progressive currently has an average rating of “Hold” and an average price target of $235.05. View Our Latest Analysis on Progressive Insider Activity at Progressive In other Progressive news, Director Jeffrey D. Kelly sold 7,000 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $216.33, for a total transaction of $1,514,310.00. Following the transaction, the director owned 22,546 shares in the company, valued at $4,877,376.18. The trade was a 23.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider John Jo Murphy sold 5,916 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $200.00, for a total transaction of $1,183,200.00. Following the completion of the sale, the insider directly owned 41,290 shares in the company, valued at approximately $8,258,000. This represents a 12.53% decrease in their position. 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 15,230 shares of company stock worth $3,165,817. Company insiders own 0.32% of the company’s stock. About Progressive (Free Report) Progressive Corporation is a large U.S.-based property and casualty insurer that primarily underwrites personal auto insurance along with a broad suite of related products. Its offerings include coverage for private passenger automobiles, commercial auto fleets, motorcycles, boats and recreational vehicles, as well as homeowners, renters, umbrella and other specialty P&C products. Progressive also provides claims handling, risk management and related services to individual and commercial policyholders. The company distributes its products through a mix of direct channels—online and by phone—and an extensive independent agent network. See Also Five stocks we like better than Progressive Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding PGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Progressive Corporation (NYSE:PGR – Free Report). Receive News & Ratings for Progressive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Progressive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBank of Nova Scotia Grows Stake in Brookfield Infrastructure Partners LP $BIP NEXT HEADLINE »Krystal Biotech, Inc. $KRYS Shares Purchased by Fifth Third Bancorp |
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Progressive Announces Investor Relations Event | FMP Stock News | |
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MAYFIELD VILLAGE, OHIO, July 24, 2026 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations event on Tuesday, August 4, 2026, beginning at 9:30 a.m. eastern time. This event, which will consist of both a conference call and webcast, is scheduled to last 90 minutes and will begin with an approximately 45-minute presentation on our Robinsons consumer segment, followed by a question-and-answer session with Tricia Griffith, our CEO, and Andrew Quigg, our CFO. Call-in participants will be able to ask questions via phone, however, webcast participants will not be able to submit questions online. |
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KLA Corporation: A Peep At Semi Value Chain Peers Ahead Of Earnings | FMP Stock News | |
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1.98K FollowersAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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. |
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Rollins Analysts Cut Their Forecasts After Downbeat Q2 Earnings | FMP Stock News | |
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Rollins Inc (NYSE:ROL) reported worse-than-expected second-quarter financial results after the closing bell on Wednesday.Rollins reported quarterly earnings of 32 cents per share which missed the analyst consensus estimate of 34 cents per share. The company reported quarterly sales of $1.079 billion which missed the analyst consensus estimate of $1.092 billion. Rollins shares fell 1.7% to $38.78 in pre-market trading. These analysts made changes to their price targets on Rollins following earnings announcement. JP Morgan analyst Tomohiko Sano downgraded the stock from Overweight to Neutral and lowered the price target from $70 to $45. Wells Fargo analyst Jason Haas downgraded the stock from Equal-Weight to Underweight and cut the price target from $46 to $32. Considering buying ROL stock? Here’s what analysts think: Photo via Shutterstock Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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ABN Amro Investment Solutions Trims Holdings in Truist Financial Corporation $TFC | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026ABN Amro Investment Solutions trimmed its holdings in shares of Truist Financial Corporation (NYSE:TFC – Free Report) by 45.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,543 shares of the insurance provider’s stock after selling 51,761 shares during the period. ABN Amro Investment Solutions’ holdings in Truist Financial were worth $2,875,000 at the end of the most recent quarter. Other institutional investors and hedge funds have also bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new position in shares of Truist Financial during the 4th quarter valued at approximately $25,000. Swiss RE Ltd. acquired a new position in shares of Truist Financial during the 4th quarter worth about $26,000. McMillan Office Inc. purchased a new position in Truist Financial in the 4th quarter valued at about $31,000. Ancora Advisors LLC lifted its stake in Truist Financial by 259.1% in the 3rd quarter. Ancora Advisors LLC now owns 693 shares of the insurance provider’s stock valued at $32,000 after buying an additional 500 shares in the last quarter. Finally, Maseco LLP boosted its holdings in Truist Financial by 53.8% in the 4th quarter. Maseco LLP now owns 652 shares of the insurance provider’s stock worth $32,000 after buying an additional 228 shares during the last quarter. 71.28% of the stock is currently owned by institutional investors and hedge funds. Truist Financial Stock Performance NYSE TFC opened at $51.18 on Friday. The stock has a fifty day simple moving average of $49.72 and a 200-day simple moving average of $49.55. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.73. The stock has a market cap of $63.77 billion, a PE ratio of 11.74, a P/E/G ratio of 0.94 and a beta of 0.89. Truist Financial Corporation has a twelve month low of $40.78 and a twelve month high of $56.19. Truist Financial (NYSE:TFC – Get Free Report) last issued its quarterly earnings data on Friday, July 17th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.15. Truist Financial had a net margin of 19.13% and a return on equity of 10.06%. The firm had revenue of $5.31 billion for the quarter, compared to analyst estimates of $5.24 billion. During the same period in the previous year, the firm earned $0.91 EPS. Truist Financial’s revenue was up 5.6% on a year-over-year basis. Equities analysts anticipate that Truist Financial Corporation will post 4.59 earnings per share for the current year. Truist Financial Announces Dividend The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 8th were given a dividend of $0.52 per share. The ex-dividend date was Friday, May 8th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 4.1%. Truist Financial’s dividend payout ratio (DPR) is currently 47.71%. Analyst Upgrades and Downgrades Several equities research analysts have commented on TFC shares. Jefferies Financial Group reiterated a “mixed” rating and set a $45.00 price objective on shares of Truist Financial in a research note on Friday, April 17th. Evercore restated an “outperform” rating and issued a $57.00 price objective on shares of Truist Financial in a report on Monday, July 6th. Morgan Stanley reaffirmed an “equal weight” rating and set a $54.00 target price (down from $62.00) on shares of Truist Financial in a research note on Monday, July 6th. Stephens dropped their target price on shares of Truist Financial from $59.00 to $57.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Weiss Ratings upgraded shares of Truist Financial from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $54.61. Check Out Our Latest Stock Analysis on TFC Truist Financial Company Profile (Free Report) Truist Financial Corporation is an American bank holding company that provides a broad range of financial services through its primary subsidiary, Truist Bank, and other operating units. The company offers traditional retail banking products and services such as deposit accounts, consumer and residential mortgage lending, and credit and debit card services. Truist also serves commercial clients with middle-market and corporate lending, treasury and payment solutions, and specialty finance products. Beyond core banking, Truist operates wealth management, asset management, insurance and capital markets businesses. Recommended Stories Five stocks we like better than Truist Financial Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding TFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Truist Financial Corporation (NYSE:TFC – Free Report). Receive News & Ratings for Truist Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Truist Financial and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEFive Below, Inc. $FIVE Shares Sold by Atika Capital Management LLC NEXT HEADLINE »Arrowstreet Capital Limited Partnership Purchases 999,862 Shares of Cadence Design Systems, Inc. $CDNS |
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Bank of New York Mellon Corp Grows Stock Holdings in Rayonier Inc. $RYN | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Bank of New York Mellon Corp grew its position in shares of Rayonier Inc. (NYSE:RYN – Free Report) by 111.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,573,559 shares of the real estate investment trust’s stock after acquiring an additional 1,356,361 shares during the period. Bank of New York Mellon Corp owned about 0.85% of Rayonier worth $53,067,000 as of its most recent SEC filing. A number of other institutional investors also recently modified their holdings of RYN. Fiduciary Counselling Inc. bought a new stake in shares of Rayonier in the first quarter worth about $4,287,000. Sanctuary Advisors LLC bought a new position in Rayonier during the 1st quarter valued at approximately $2,219,000. Roberts Glore & Co. Inc. IL bought a new position in Rayonier during the 1st quarter valued at approximately $377,000. Maryland State Retirement & Pension System purchased a new stake in Rayonier in the 1st quarter worth approximately $310,000. Finally, State of Michigan Retirement System lifted its holdings in Rayonier by 86.5% in the 1st quarter. State of Michigan Retirement System now owns 68,572 shares of the real estate investment trust’s stock worth $1,414,000 after buying an additional 31,807 shares during the period. 89.12% of the stock is currently owned by hedge funds and other institutional investors. Rayonier Trading Down 0.9% NYSE:RYN opened at $21.34 on Friday. The firm has a market capitalization of $6.42 billion, a P/E ratio of 7.07 and a beta of 0.88. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.53 and a quick ratio of 2.21. Rayonier Inc. has a one year low of $19.49 and a one year high of $27.33. The company’s 50-day simple moving average is $21.10 and its 200 day simple moving average is $21.52. Rayonier (NYSE:RYN – Get Free Report) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. Rayonier had a net margin of 68.61% and a return on equity of 3.61%. The business had revenue of $276.79 million during the quarter, compared to the consensus estimate of $280.92 million. During the same quarter last year, the firm earned ($0.02) earnings per share. The business’s revenue for the quarter was up 233.9% on a year-over-year basis. As a group, analysts forecast that Rayonier Inc. will post 0.36 EPS for the current fiscal year. Rayonier Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Wednesday, September 16th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, September 16th. Rayonier’s dividend payout ratio (DPR) is 34.44%. Analysts Set New Price Targets Several research firms have recently issued reports on RYN. Citigroup reduced their target price on Rayonier from $24.00 to $22.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Truist Financial cut their price target on shares of Rayonier from $25.00 to $24.00 and set a “hold” rating on the stock in a report on Wednesday, July 15th. Weiss Ratings downgraded shares of Rayonier from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, May 12th. Wall Street Zen raised shares of Rayonier from a “sell” rating to a “hold” rating in a research report on Saturday, April 18th. Finally, Royal Bank Of Canada set a $24.00 target price on shares of Rayonier in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $24.60. View Our Latest Stock Analysis on Rayonier Rayonier Company Profile (Free Report) Rayonier, Inc (NYSE: RYN) is a publicly traded real estate investment trust specializing in timberland ownership and management. The company’s core business revolves around sustainably growing, harvesting, and marketing timber and timber-related products. Rayonier’s timberland portfolio encompasses approximately 2.7 million acres across the United States and New Zealand, focusing on softwood and hardwood fiber for use in paper, packaging and building materials. Rayonier operates through two primary segments: Timber and Real Estate Solutions. See Also Five stocks we like better than Rayonier Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding RYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rayonier Inc. (NYSE:RYN – Free Report). Receive News & Ratings for Rayonier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rayonier and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Sells 8,683 Shares of iShares Russell 1000 Value ETF $IWD NEXT HEADLINE »Atika Capital Management LLC Sells 71,441 Shares of Immunome, Inc. $IMNM |
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Arrowstreet Capital Limited Partnership Sells 2,014,537 Shares of Comcast Corporation $CMCSA | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Arrowstreet Capital Limited Partnership trimmed its holdings in shares of Comcast Corporation (NASDAQ:CMCSA – Free Report) by 14.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,369,364 shares of the cable giant’s stock after selling 2,014,537 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.35% of Comcast worth $355,124,000 at the end of the most recent reporting period. Several other large investors also recently added to or reduced their stakes in the stock. Caxton Associates LLP boosted its position in shares of Comcast by 275.2% during the first quarter. Caxton Associates LLP now owns 120,350 shares of the cable giant’s stock valued at $3,455,000 after buying an additional 88,275 shares during the period. Inceptionr LLC bought a new position in Comcast during the 1st quarter worth about $660,000. Gibbs Wealth Management increased its holdings in Comcast by 14.0% during the first quarter. Gibbs Wealth Management now owns 26,896 shares of the cable giant’s stock valued at $772,000 after buying an additional 3,300 shares during the period. Sei Investments Co. raised its position in shares of Comcast by 57.5% in the 1st quarter. Sei Investments Co. now owns 5,869,043 shares of the cable giant’s stock worth $168,500,000 after acquiring an additional 2,142,200 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in Comcast by 7.2% in the first quarter. Cetera Investment Advisers now owns 1,480,767 shares of the cable giant’s stock worth $42,513,000 after purchasing an additional 99,759 shares in the last quarter. 84.32% of the stock is owned by institutional investors. Comcast News Summary Here are the key news stories impacting Comcast this week: Positive Sentiment: Comcast beat Q2 EPS and revenue estimates, helped by record wireless growth and stronger connectivity momentum. Comcast Reports 2nd Quarter 2026 Results Positive Sentiment: Peacock posted its first quarterly profit and added 2 million paid subscribers, improving the outlook for Comcast’s streaming business. Comcast’s Peacock records first ever profit on World Cup, ‘Love Island USA’ boost Neutral Sentiment: Comcast declared a quarterly dividend of $0.33 per share, reinforcing its income appeal with an annualized yield around 6.0%. Comcast Declares Quarterly Dividend Negative Sentiment: Revenue and profit still declined year over year, and broadband customer losses remain a key concern for the core business. Comcast Reports Lower Profit, Narrows Domestic Broadband Subscriber Losses Negative Sentiment: The company paused share buybacks, which may have disappointed investors looking for capital-return support. Comcast Corp (CMCSA) Q2 2026 Earnings Call Highlights Comcast Stock Down 6.8% Shares of CMCSA opened at $21.92 on Friday. The company has a market capitalization of $78.30 billion, a price-to-earnings ratio of 4.31, a PEG ratio of 1.94 and a beta of 0.67. Comcast Corporation has a 52 week low of $21.91 and a 52 week high of $36.01. The stock’s 50-day moving average price is $23.86 and its 200-day moving average price is $27.30. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.01. Comcast (NASDAQ:CMCSA – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The cable giant reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.07. Comcast had a return on equity of 15.47% and a net margin of 15.00%.The company had revenue of $29.94 billion during the quarter, compared to analysts’ expectations of $29.24 billion. During the same period last year, the business earned $1.25 earnings per share. Comcast’s quarterly revenue was down 1.2% on a year-over-year basis. On average, sell-side analysts predict that Comcast Corporation will post 3.48 EPS for the current year. Comcast Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 7th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Wednesday, October 7th. Comcast’s payout ratio is currently 25.98%. Wall Street Analyst Weigh In CMCSA has been the topic of several research analyst reports. Zacks Research upgraded Comcast from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Freedom Capital raised shares of Comcast to a “hold” rating in a research report on Friday, June 12th. The Goldman Sachs Group cut their price target on shares of Comcast from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, July 2nd. Scotiabank lowered their price objective on shares of Comcast from $36.00 to $32.75 and set a “sector perform” rating for the company in a research note on Wednesday, July 15th. Finally, KeyCorp restated a “sector weight” rating on shares of Comcast in a research note on Thursday, April 23rd. Eleven equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $33.45. Read Our Latest Stock Analysis on CMCSA Comcast Profile (Free Report) Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms. NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service. Featured Articles Five stocks we like better than Comcast Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Comcast Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comcast and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEArrowstreet Capital Limited Partnership Purchases New Position in TotalEnergies SE Sponsored ADR $TTE NEXT HEADLINE »Arrowstreet Capital Limited Partnership Decreases Stake in Nokia Corporation $NOK |
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Arrowstreet Capital Limited Partnership Purchases 999,862 Shares of Cadence Design Systems, Inc. $CDNS | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Arrowstreet Capital Limited Partnership increased its position in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 232.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,430,599 shares of the software maker’s stock after buying an additional 999,862 shares during the period. Arrowstreet Capital Limited Partnership owned 0.52% of Cadence Design Systems worth $397,521,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CDNS. Whipplewood Advisors LLC increased its position in Cadence Design Systems by 933.3% during the first quarter. Whipplewood Advisors LLC now owns 93 shares of the software maker’s stock worth $26,000 after buying an additional 84 shares during the last quarter. Brown Lisle Cummings Inc. increased its position in Cadence Design Systems by 860.0% in the 1st quarter. Brown Lisle Cummings Inc. now owns 96 shares of the software maker’s stock worth $27,000 after buying an additional 86 shares during the period. University of Texas Texas AM Investment Management Co. bought a new position in Cadence Design Systems during the fourth quarter worth $28,000. Swiss RE Ltd. bought a new position in shares of Cadence Design Systems during the 4th quarter worth about $29,000. Finally, Lodestone Wealth Management LLC bought a new position in Cadence Design Systems during the fourth quarter valued at about $30,000. Institutional investors own 84.85% of the company’s stock. Cadence Design Systems Stock Down 1.9% Shares of NASDAQ:CDNS opened at $330.46 on Friday. The company’s fifty day moving average is $374.34 and its 200-day moving average is $329.29. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47. Cadence Design Systems, Inc. has a 52 week low of $262.75 and a 52 week high of $416.69. The company has a market capitalization of $91.15 billion, a PE ratio of 77.03, a P/E/G ratio of 3.99 and a beta of 1.15. Cadence Design Systems (NASDAQ:CDNS – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The software maker reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.05. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same period last year, the firm posted $1.57 EPS. The firm’s quarterly revenue was up 18.6% on a year-over-year basis. Cadence Design Systems has set its FY 2026 guidance at 7.850-7.950 EPS and its Q2 2026 guidance at 2.020-2.080 EPS. Equities research analysts predict that Cadence Design Systems, Inc. will post 6.23 earnings per share for the current fiscal year. Analyst Ratings Changes CDNS has been the subject of several research reports. Wells Fargo & Company raised their target price on Cadence Design Systems from $400.00 to $425.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Robert W. Baird boosted their price target on shares of Cadence Design Systems from $381.00 to $385.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Needham & Company LLC restated a “buy” rating and issued a $400.00 price objective on shares of Cadence Design Systems in a research note on Tuesday, April 28th. Piper Sandler raised their price objective on shares of Cadence Design Systems from $319.00 to $325.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, KeyCorp lifted their target price on shares of Cadence Design Systems from $405.00 to $425.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $393.65. View Our Latest Report on CDNS Insider Activity In other news, VP Paul Cunningham sold 2,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $391.00, for a total transaction of $782,000.00. Following the sale, the vice president owned 126,586 shares in the company, valued at approximately $49,495,126. This represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ita M. Brennan sold 180 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $387.45, for a total value of $69,741.00. Following the sale, the director owned 8,004 shares in the company, valued at $3,101,149.80. The trade was a 2.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 157,057 shares of company stock worth $60,272,277. 0.49% of the stock is currently owned by insiders. Cadence Design Systems Profile (Free Report) Cadence Design Systems, Inc (NASDAQ: CDNS) is a global provider of electronic design automation (EDA) software, hardware and intellectual property used to design and verify advanced semiconductor chips, systems-on-chip (SoCs), printed circuit boards (PCBs) and packaging. Headquartered in San Jose, California and founded in 1988, Cadence serves semiconductor companies, original equipment manufacturers and system designers across the globe, helping customers accelerate design cycles and manage the complexity of modern integrated systems. The company’s offerings span software tools for digital, custom/analog and mixed-signal design, verification and signoff, as well as solutions for system-level modeling, thermal and signal integrity analysis, and PCB and package design. Featured Articles Five stocks we like better than Cadence Design Systems Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Cadence Design Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadence Design Systems and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEABN Amro Investment Solutions Trims Holdings in Truist Financial Corporation $TFC NEXT HEADLINE »Arrowstreet Capital Limited Partnership Sells 4,999,373 Shares of Cisco Systems, Inc. $CSCO |
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Assetmark Inc. Decreases Position in Marvell Technology, Inc. $MRVL | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Assetmark Inc. lowered its position in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 13.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,115 shares of the semiconductor company’s stock after selling 3,909 shares during the quarter. Assetmark Inc.’s holdings in Marvell Technology were worth $2,389,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also made changes to their positions in MRVL. Laurel Wealth Advisors LLC acquired a new position in shares of Marvell Technology during the 4th quarter worth approximately $25,000. Jessup Wealth Management Inc acquired a new stake in Marvell Technology during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC increased its position in Marvell Technology by 978.3% during the first quarter. Hilton Head Capital Partners LLC now owns 248 shares of the semiconductor company’s stock worth $25,000 after buying an additional 225 shares in the last quarter. Cherry Tree Wealth Management LLC acquired a new position in shares of Marvell Technology in the fourth quarter worth $26,000. Finally, MidFirst Bank purchased a new stake in shares of Marvell Technology in the fourth quarter valued at $28,000. 83.51% of the stock is currently owned by hedge funds and other institutional investors. Key Marvell Technology News Here are the key news stories impacting Marvell Technology this week: Positive Sentiment: Several pieces argue Marvell remains a key beneficiary of AI data center and networking spending, with analysts highlighting surging demand for AI connectivity chips and the long-term growth potential of AI infrastructure. Article: 4 Networking Semiconductor Stocks to Watch in August 2026 Positive Sentiment: Commentary on Marvell’s recent selloff suggests the market may be overreacting, with bullish takes pointing to accelerating AI bookings, raised guidance, and the possibility that the stock’s decline has created a buying opportunity. Article: Wall Street is Bullish on Marvell. Here’s Our Price Target. Positive Sentiment: Multiple articles compare Marvell favorably as an AI infrastructure play, emphasizing that revenue trends and industry demand remain strong even if rivals like Nvidia are growing faster. Article: AI Infrastructure Will Mint More Millionaires Over the Next Decade: 3 Stocks to Buy Right Now Neutral Sentiment: Options-market coverage suggests traders are bracing for a larger move in MRVL, which adds to volatility expectations but does not clearly point to a directional catalyst. Article: What the Options Market Is Signaling About Marvell Technology Stock’s Next Big Swing Negative Sentiment: Some coverage highlights that Marvell’s revenue growth is still trailing Nvidia’s stronger upward trend in AI-related sales, which could temper enthusiasm versus faster-growing peers. Article: Marvell Technology vs. Nvidia: What Do the Revenue Trends of These Artificial Intelligence Companies Tell Investors? Analysts Set New Price Targets A number of analysts recently commented on the company. Wells Fargo & Company increased their price objective on Marvell Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Rosenblatt Securities restated a “buy” rating and issued a $240.00 target price on shares of Marvell Technology in a report on Friday, June 12th. Benchmark raised their price target on shares of Marvell Technology from $130.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Marvell Technology in a report on Wednesday, June 24th. Finally, Bank of America upped their price objective on shares of Marvell Technology from $240.00 to $365.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $245.45. Read Our Latest Stock Analysis on Marvell Technology Insider Buying and Selling at Marvell Technology In other Marvell Technology news, insider Sandeep Bharathi sold 2,231 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the sale, the insider owned 55,530 shares of the company’s stock, valued at approximately $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Daniel Durn sold 2,250 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $281.01, for a total value of $632,272.50. Following the sale, the chief financial officer owned 6,902 shares of the company’s stock, valued at $1,939,531.02. This represents a 24.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 45,981 shares of company stock worth $9,835,542. 0.12% of the stock is currently owned by company insiders. Marvell Technology Stock Down 0.8% Shares of NASDAQ:MRVL opened at $209.32 on Friday. The stock’s 50-day moving average price is $243.07 and its two-hundred day moving average price is $152.87. The company has a current ratio of 3.28, a quick ratio of 2.66 and a debt-to-equity ratio of 0.27. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $329.88. The firm has a market cap of $183.11 billion, a price-to-earnings ratio of 71.68, a PEG ratio of 1.32 and a beta of 2.20. Marvell Technology (NASDAQ:MRVL – Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, meeting analysts’ consensus estimates of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same quarter in the prior year, the company posted $0.62 EPS. The company’s quarterly revenue was up 27.6% compared to the same quarter last year. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. On average, research analysts forecast that Marvell Technology, Inc. will post 3.07 EPS for the current year. Marvell Technology Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 30th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.24 annualized dividend and a dividend yield of 0.1%. Marvell Technology’s payout ratio is currently 8.22%. About Marvell Technology (Free Report) Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications. Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect. Further Reading Five stocks we like better than Marvell Technology Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Marvell Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marvell Technology and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINETexas Instruments (NASDAQ:TXN) Price Target Raised to $340.00 at JPMorgan Chase & Co. |
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Assetmark Inc. Increases Position in Keurig Dr Pepper, Inc $KDP | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Assetmark Inc. increased its stake in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP – Free Report) by 26.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,797 shares of the company’s stock after buying an additional 21,210 shares during the quarter. Assetmark Inc.’s holdings in Keurig Dr Pepper were worth $2,654,000 at the end of the most recent quarter. Several other institutional investors have also recently added to or reduced their stakes in KDP. T. Rowe Price Investment Management Inc. acquired a new position in shares of Keurig Dr Pepper during the 4th quarter worth $727,667,000. Norges Bank purchased a new position in shares of Keurig Dr Pepper in the fourth quarter valued at $568,361,000. Capital International Investors increased its holdings in Keurig Dr Pepper by 1,987.4% during the 4th quarter. Capital International Investors now owns 16,858,031 shares of the company’s stock valued at $472,193,000 after acquiring an additional 16,050,437 shares in the last quarter. Wellington Management Group LLP increased its position in Keurig Dr Pepper by 37.0% during the fourth quarter. Wellington Management Group LLP now owns 57,003,344 shares of the company’s stock worth $1,596,664,000 after buying an additional 15,393,753 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in Keurig Dr Pepper by 285.3% during the fourth quarter. AQR Capital Management LLC now owns 11,636,027 shares of the company’s stock worth $325,925,000 after buying an additional 8,615,869 shares in the last quarter. Institutional investors and hedge funds own 93.99% of the company’s stock. Analyst Upgrades and Downgrades A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Keurig Dr Pepper from $33.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday. Weiss Ratings upgraded Keurig Dr Pepper from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 11th. Zacks Research lowered Keurig Dr Pepper from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. BNP Paribas Exane raised shares of Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 price objective for the company in a research report on Wednesday, April 22nd. Finally, Sanford C. Bernstein set a $39.00 target price on Keurig Dr Pepper in a research note on Wednesday, July 8th. Eight investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Keurig Dr Pepper currently has a consensus rating of “Hold” and an average target price of $33.40. Check Out Our Latest Stock Analysis on Keurig Dr Pepper Keurig Dr Pepper Stock Performance Keurig Dr Pepper stock opened at $29.67 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.31 and a quick ratio of 2.12. Keurig Dr Pepper, Inc has a 12 month low of $24.88 and a 12 month high of $35.94. The company has a fifty day moving average price of $30.88 and a two-hundred day moving average price of $28.90. The company has a market cap of $40.37 billion, a PE ratio of 21.98, a P/E/G ratio of 1.38 and a beta of 0.40. Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $3.98 billion for the quarter, compared to the consensus estimate of $7.23 billion. Keurig Dr Pepper had a net margin of 10.81% and a return on equity of 10.51%. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period last year, the firm posted $0.42 EPS. Research analysts expect that Keurig Dr Pepper, Inc will post 2.29 earnings per share for the current year. Keurig Dr Pepper Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 26th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, June 26th. Keurig Dr Pepper’s payout ratio is currently 68.15%. Keurig Dr Pepper Profile (Free Report) Keurig Dr Pepper (NASDAQ: KDP) is a North American beverage company formed in July 2018 through the combination of Keurig Green Mountain and Dr Pepper Snapple Group. The company designs, manufactures, markets and distributes a wide range of hot and cold beverages and related equipment, combining Keurig’s single‑serve coffee systems with a large portfolio of carbonated and noncarbonated drink brands. It operates a network of manufacturing, packaging and distribution facilities to supply retail, foodservice and e-commerce channels across its served markets. The company’s product mix includes single‑serve coffee brewers and coffee pods under the Keurig brand as well as a broad assortment of branded beverages. Further Reading Five stocks we like better than Keurig Dr Pepper Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding KDP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keurig Dr Pepper, Inc (NASDAQ:KDP – Free Report). Receive News & Ratings for Keurig Dr Pepper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keurig Dr Pepper and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAssetmark Inc. Has $1.90 Million Holdings in Suncor Energy Inc. $SU NEXT HEADLINE »Ciena Corporation $CIEN is Atika Capital Management LLC’s 10th Largest Position |
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Vertiv Holdings Co. $VRT is Atika Capital Management LLC’s Largest Position | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Atika Capital Management LLC grew its stake in Vertiv Holdings Co. (NYSE:VRT – Free Report) by 4.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 666,100 shares of the company’s stock after buying an additional 30,000 shares during the period. Vertiv accounts for 21.0% of Atika Capital Management LLC’s holdings, making the stock its biggest position. Atika Capital Management LLC owned 0.17% of Vertiv worth $166,911,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also made changes to their positions in VRT. SFE Investment Counsel grew its holdings in shares of Vertiv by 1.1% during the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after buying an additional 32 shares during the last quarter. Webster Bank N. A. raised its stake in Vertiv by 6.9% in the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock worth $136,000 after acquiring an additional 35 shares during the last quarter. Sachetta LLC increased its holdings in Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after buying an additional 36 shares during the period. Onyx Bridge Wealth Group LLC increased its holdings in Vertiv by 2.1% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 1,908 shares of the company’s stock worth $478,000 after buying an additional 40 shares during the period. Finally, Quotient Wealth Partners LLC raised its position in Vertiv by 2.5% during the 1st quarter. Quotient Wealth Partners LLC now owns 1,813 shares of the company’s stock worth $454,000 after buying an additional 45 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds. Vertiv Price Performance NYSE:VRT opened at $303.91 on Friday. The firm has a market cap of $116.74 billion, a P/E ratio of 76.36, a price-to-earnings-growth ratio of 1.30 and a beta of 2.03. The stock has a 50 day moving average of $314.86 and a two-hundred day moving average of $273.92. Vertiv Holdings Co. has a 12 month low of $118.70 and a 12 month high of $379.93. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the company posted $0.64 earnings per share. The business’s revenue was up 30.1% on a year-over-year basis. On average, analysts expect that Vertiv Holdings Co. will post 6.38 earnings per share for the current fiscal year. Vertiv Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 6.28%. Vertiv News Summary Here are the key news stories impacting Vertiv this week: Positive Sentiment: Vertiv announced it is expanding manufacturing and testing capacity at its Tognana Campus near Padua, a sign it is investing to meet stronger demand for its critical digital infrastructure products. Positive Sentiment: The company said it is helping deploy NVIDIA DGX GB300 AI computing capability at the Naval Postgraduate School, highlighting continued traction for Vertiv’s power, liquid cooling, rack, and installation services in high-density AI systems. Article Title Positive Sentiment: Several analyst and growth-focused articles reinforced the view that Vertiv has above-average financial growth and could continue benefiting from AI data center demand and rising 2026 guidance. Neutral Sentiment: Recent commentary also noted that VRT’s rally has cooled after a big run earlier this year, suggesting some investors may be pausing to reassess valuation after strong gains. Neutral Sentiment: Articles ahead of next week’s earnings suggested Wall Street expects another solid report, which could keep sentiment constructive but does not by itself confirm a new catalyst. Negative Sentiment: One recent market recap said VRT dipped more than the broader market in the prior session, reflecting short-term volatility even as the longer-term growth story remains intact. Analyst Ratings Changes VRT has been the subject of several research reports. Roth Capital restated a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. TD Cowen increased their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Robert W. Baird began coverage on Vertiv in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $370.00 target price on the stock. Royal Bank Of Canada dropped their target price on Vertiv from $435.00 to $418.00 and set an “outperform” rating on the stock in a report on Thursday, July 16th. Finally, Evercore reiterated an “outperform” rating and set a $425.00 price target on shares of Vertiv in a research report on Tuesday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $343.48. View Our Latest Analysis on Vertiv About Vertiv (Free Report) Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers. The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure. Recommended Stories Five stocks we like better than Vertiv Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRT – Free Report). Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEArrowstreet Capital Limited Partnership Sells 4,999,373 Shares of Cisco Systems, Inc. $CSCO NEXT HEADLINE »Atika Capital Management LLC Invests $2.31 Million in Hut 8 Corp. $HUT |
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California Public Employees Retirement System Makes New Investment in Arrowhead Pharmaceuticals, Inc. $ARWR | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026California Public Employees Retirement System purchased a new position in shares of Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 257,133 shares of the biotechnology company’s stock, valued at approximately $16,122,000. California Public Employees Retirement System owned approximately 0.18% of Arrowhead Pharmaceuticals as of its most recent SEC filing. Other institutional investors and hedge funds also recently made changes to their positions in the company. Tsfg LLC bought a new position in Arrowhead Pharmaceuticals during the fourth quarter worth about $25,000. iSAM Funds UK Ltd bought a new stake in shares of Arrowhead Pharmaceuticals in the third quarter worth about $29,000. First Horizon Corp bought a new stake in shares of Arrowhead Pharmaceuticals in the fourth quarter worth about $32,000. WPG Advisers LLC raised its position in shares of Arrowhead Pharmaceuticals by 384.8% during the fourth quarter. WPG Advisers LLC now owns 543 shares of the biotechnology company’s stock worth $36,000 after purchasing an additional 431 shares during the period. Finally, Hantz Financial Services Inc. raised its position in shares of Arrowhead Pharmaceuticals by 177.1% during the fourth quarter. Hantz Financial Services Inc. now owns 737 shares of the biotechnology company’s stock worth $49,000 after purchasing an additional 471 shares during the period. Institutional investors and hedge funds own 62.61% of the company’s stock. Arrowhead Pharmaceuticals Price Performance Shares of ARWR opened at $86.78 on Friday. The stock has a market capitalization of $12.22 billion, a P/E ratio of -40.36 and a beta of 1.26. Arrowhead Pharmaceuticals, Inc. has a twelve month low of $15.01 and a twelve month high of $95.49. The company has a 50 day moving average of $77.76 and a 200-day moving average of $69.86. The company has a quick ratio of 6.23, a current ratio of 6.23 and a debt-to-equity ratio of 1.41. Arrowhead Pharmaceuticals (NASDAQ:ARWR – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The biotechnology company reported ($0.93) EPS for the quarter, topping analysts’ consensus estimates of ($1.10) by $0.17. Arrowhead Pharmaceuticals had a negative net margin of 48.38% and a negative return on equity of 55.09%. The business had revenue of $73.74 million for the quarter, compared to analyst estimates of $73.84 million. During the same quarter in the previous year, the firm posted $2.75 earnings per share. The firm’s revenue for the quarter was down 86.4% on a year-over-year basis. As a group, equities research analysts forecast that Arrowhead Pharmaceuticals, Inc. will post -3.09 EPS for the current fiscal year. Key Arrowhead Pharmaceuticals News Here are the key news stories impacting Arrowhead Pharmaceuticals this week: Positive Sentiment: Arrowhead reported topline Phase 3 SHASTA-3 and SHASTA-4 results for plozasiran, with both studies meeting the primary endpoint of triglyceride reduction versus placebo; the drug also showed meaningful reductions in acute pancreatitis risk, which investors view as a major de-risking event. Article Title Positive Sentiment: Analysts responded favorably to the data, with Piper Sandler reaffirming an overweight rating and raising its price target to $126, and Morgan Stanley lifting its target to $120, reinforcing expectations for further upside if commercialization progresses. Article Title Positive Sentiment: Coverage highlighted Arrowhead’s stock move to a new 52-week high and described the plozasiran win as a validation of the company’s late-stage pipeline, with some commentary suggesting broader FDA approval and expanded commercialization potential. Article Title Neutral Sentiment: Additional reports noted that Arrowhead’s ARO-033 first-in-human trial showed early safety progress, which is constructive for the pipeline but less immediately important than the plozasiran catalyst. Article Title Negative Sentiment: No major negative company-specific news was provided in the recent items, though one market note flagged that the stock’s valuation has run up sharply, which could make further gains more dependent on execution and regulatory follow-through. Article Title Wall Street Analyst Weigh In A number of research firms recently issued reports on ARWR. Morgan Stanley increased their target price on Arrowhead Pharmaceuticals from $100.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday. Wall Street Zen upgraded shares of Arrowhead Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Sanford C. Bernstein increased their price objective on shares of Arrowhead Pharmaceuticals from $35.00 to $46.00 and gave the stock a “market perform” rating in a research report on Wednesday, May 13th. HC Wainwright restated a “buy” rating and set a $100.00 price objective on shares of Arrowhead Pharmaceuticals in a report on Wednesday, July 1st. Finally, Leerink Partners boosted their price objective on shares of Arrowhead Pharmaceuticals from $61.00 to $72.00 and gave the company a “market perform” rating in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $93.83. Check Out Our Latest Stock Analysis on ARWR Insider Transactions at Arrowhead Pharmaceuticals In other Arrowhead Pharmaceuticals news, Director Hongbo Lu sold 2,970 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $76.88, for a total transaction of $228,333.60. Following the sale, the director directly owned 52,012 shares of the company’s stock, valued at $3,998,682.56. The trade was a 5.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.60% of the company’s stock. About Arrowhead Pharmaceuticals (Free Report) Arrowhead Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of RNA interference (RNAi) therapeutics. Since its founding in 2008, Arrowhead has leveraged its proprietary delivery platform—known internally as the Advanced RNAi Compound (ARC) technology—to silence disease-causing genes in patients suffering from genetically defined diseases. The company’s approach aims to offer durable, targeted treatments across a range of therapeutic areas. The company’s pipeline includes multiple candidates in various stages of development. Featured Articles Five stocks we like better than Arrowhead Pharmaceuticals Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Arrowhead Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrowhead Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINECalifornia Public Employees Retirement System Grows Stock Holdings in AGNC Investment Corp. $AGNC NEXT HEADLINE »Enersys $ENS Shares Purchased by California Public Employees Retirement System |
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Fifth Third Bancorp Buys 31,325 Shares of Amkor Technology, Inc. $AMKR | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Fifth Third Bancorp raised its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 2,046.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 32,856 shares of the semiconductor company’s stock after purchasing an additional 31,325 shares during the quarter. Fifth Third Bancorp’s holdings in Amkor Technology were worth $1,479,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in AMKR. Smartleaf Asset Management LLC increased its position in shares of Amkor Technology by 180.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 684 shares of the semiconductor company’s stock worth $28,000 after buying an additional 440 shares during the period. Root Financial Partners LLC lifted its holdings in Amkor Technology by 38.8% in the fourth quarter. Root Financial Partners LLC now owns 937 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 262 shares during the period. IFP Advisors Inc boosted its position in Amkor Technology by 91.2% during the third quarter. IFP Advisors Inc now owns 937 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 447 shares during the last quarter. State of Wyoming bought a new stake in Amkor Technology during the fourth quarter valued at $41,000. Finally, Quarry LP acquired a new stake in Amkor Technology during the 4th quarter worth about $42,000. Institutional investors own 42.76% of the company’s stock. Key Stories Impacting Amkor Technology Here are the key news stories impacting Amkor Technology this week: Positive Sentiment: Amkor announced a multi-year strategic partnership with NVIDIA to expand advanced semiconductor packaging and test capacity in the U.S. for AI infrastructure. NVIDIA will also provide a prepayment to help fund the expansion, and Reuters reported the deal is worth $1.5 billion, which should support revenue visibility and strengthen Amkor’s role in AI chip supply chains. Article Title Positive Sentiment: Market coverage noted the NVIDIA deal helped send Amkor shares sharply higher intraday, reflecting investor enthusiasm around the company’s exposure to AI hardware spending and long-term packaging demand. Article Title Neutral Sentiment: Despite the strategic win, a Zacks-style market recap said Amkor was still down relative to the broader market in the latest session, suggesting some profit-taking or volatility after the big move. Article Title Neutral Sentiment: Analyst sentiment has been mixed: B. Riley cut its price target to $75 and kept a neutral rating, while Zacks Research upgraded the stock to strong-buy, indicating no clear consensus on near-term upside. Article Title Insider Activity at Amkor Technology In related news, Director Guillaume Marie Jean Rutten sold 50,000 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $74.28, for a total value of $3,714,000.00. Following the sale, the director owned 502,558 shares in the company, valued at $37,330,008.24. This represents a 9.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Winston J. Churchill sold 5,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $78.20, for a total transaction of $391,000.00. Following the completion of the transaction, the director directly owned 28,781 shares in the company, valued at approximately $2,250,674.20. The trade was a 14.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 114,000 shares of company stock valued at $8,631,450 over the last quarter. 26.40% of the stock is currently owned by company insiders. Analyst Ratings Changes Several research analysts have recently weighed in on AMKR shares. Melius Research raised Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research report on Monday, April 6th. Zacks Research raised Amkor Technology from a “hold” rating to a “strong-buy” rating in a research note on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Amkor Technology in a report on Friday, July 17th. UBS Group reissued a “neutral” rating and issued a $80.00 price target on shares of Amkor Technology in a research note on Tuesday, May 26th. Finally, B. Riley Financial cut their price target on Amkor Technology from $90.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $68.00. Read Our Latest Research Report on Amkor Technology Amkor Technology Stock Performance Shares of Amkor Technology stock opened at $65.33 on Friday. Amkor Technology, Inc. has a one year low of $20.86 and a one year high of $96.68. The firm has a market capitalization of $16.19 billion, a price-to-earnings ratio of 37.33 and a beta of 2.20. The business has a 50-day simple moving average of $73.47 and a 200 day simple moving average of $60.64. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.01 and a quick ratio of 1.74. Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The semiconductor company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.10. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Amkor Technology had a return on equity of 9.88% and a net margin of 6.17%.The company’s revenue for the quarter was up 27.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 earnings per share. On average, research analysts anticipate that Amkor Technology, Inc. will post 2.08 earnings per share for the current fiscal year. Amkor Technology Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd were issued a dividend of $0.0835 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, June 3rd. Amkor Technology’s dividend payout ratio (DPR) is currently 18.86%. Amkor Technology Company Profile (Free Report) Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets. In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs. Read More Five stocks we like better than Amkor Technology Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Amkor Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amkor Technology and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBank of Nova Scotia Raises Holdings in The Sherwin-Williams Company $SHW NEXT HEADLINE »TC Energy Corporation $TRP Shares Bought by Bank of Nova Scotia |
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Toast, Inc. $TOST Shares Sold by California Public Employees Retirement System | FMP Stock News | |
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California Public Employees Retirement System cut its holdings in shares of Toast, Inc. (NYSE: TOST) by 20.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 671,880 shares of the company's stock after selling 177,043 shares during the quarter. California |
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Cognizant and Gulf Edge Announce Strategic Partnership to Accelerate Enterprise AI Adoption in Southeast Asia | FMP Stock News | |
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Partnership combines Cognizant's global AI engineering capabilities with Gulf Edge's sovereign digital infrastructure to capture the region's growing demand for secure, scalable AI solutions. |
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Šéf JPMorgan varuje trhy: Rizika jsou pravděpodobně větší, než si ostatní myslí | Patria Stock News | |
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Generální ředitel JPMorgan Chase Jamie Dimon se domnívá, že finanční trhy neberou dostatečně vážně řadu rizik, která mohou v dalších letech dopadnout na globální ekonomiku. V rozhovoru pro server CNBC uvedl, že by za současných podmínek nekupoval ani široký akciový trh, ani dlouhodobé americké státní dluhopisy.Podle šéfa největší americké banky zůstávají investoři až příliš klidní navzdory rostoucímu počtu geopolitických hrozeb. Jako hlavní rizikové faktory zmínil pokračující konflikty na Ukrajině a na Blízkém východě, zhoršené vztahy mezi Spojenými státy a Čínou nebo rostoucí výdaje na obranu v prostředí vysokého zadlužení vlád. „Myslím, že tato rizika jsou pravděpodobně větší, než si ostatní myslí,“ prohlásil Dimon, který je dlouhodobě známý tím, že veřejnost často varuje před ekonomickými riziky, a dodal, že právě rozsah a důsledky takových událostí podle něj investoři často podceňují. Jeho současný opatrný pohled kontrastuje s vývojem na trzích v posledních měsících. Americké akcie letos výrazně posílily, spotřebitelská poptávka je odolná, inflace je na ústupu a nadšení kolem investic spojených s umělou inteligencí nezná konce. Bankovní sektor navíc nedávno reportoval velmi silné hospodářské výsledky, což podpořilo přesvědčení části investorů, že americká ekonomika dokáže geopolitickým otřesům odolávat lépe, než se očekávalo, píše server CNBC. Významnou hrozbou zůstávají podle Dimona dlouhodobé rozpočtové deficity Spojených států. „Můj názor je takový, že se z toho stane problém,“ řekl v podcastu a předpověděl vyšší úrokové sazby, protože investoři budou požadovat větší kompenzaci za financování amerického dluhu. V této souvislosti připomněl roli takzvaných „bond vigilantes“, tedy investorů, kteří prostřednictvím prodeje dluhopisů vytvářejí tlak na růst výnosů v případě obav o fiskální stabilitu. Právě proto není příznivcem dlouhodobých amerických státních dluhopisů. I kdyby se inflace vrátila k dvouprocentnímu cíli Fedu, tak desetiletý americký výnos by se podle něj měl pohybovat přibližně mezi čtyřmi a 4,5 procenty. Prostor pro další růst cen dluhopisů tak vnímá jako omezený. Vybrané tituly jsou skvělou příležitostí Stejnou zdrženlivost projevuje i vůči akciovému trhu jako celku. Zatímco konkrétní jednotlivé tituly mohou podle něj stále představovat „skvělou investiční příležitost“, tak současné ocenění širšího trhu nepovažuje za dostatečně atraktivní, aby jej motivovalo k nákupu. V rozhovoru se samozřejmě dotkl také fenoménu umělé inteligence. Současnou investiční vlnu přirovnal k internetovému boomu z přelomu tisíciletí. Obrovské objemy kapitálu, které dnes do AI směřují, podle něj pravděpodobně povedou k významným technologickým změnám podobně jako kdysi při nástupu internetu. Cesta k vítězům ovšem nemusí být přímočará. Jako příklad uvedl, že v internetové éře spousta tehdejších hvězd jako Yahoo nebo Netscape nakonec ztratila význam, zatímco dominantní hráči (Google, Facebook) vznikli až později. Proto nelze automaticky předpokládat, že současní lídři budou zároveň největšími vítězi AI revoluce, uzavřel Dimon. |
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2026-07-24 13:04
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2026-07-24 04:07
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ABN Amro Investment Solutions Cuts Stock Position in Teledyne Technologies Incorporated $TDY | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026ABN Amro Investment Solutions reduced its stake in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 62.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,841 shares of the scientific and technical instruments company’s stock after selling 8,069 shares during the period. ABN Amro Investment Solutions’ holdings in Teledyne Technologies were worth $2,929,000 at the end of the most recent reporting period. Several other hedge funds also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its stake in shares of Teledyne Technologies by 1.8% during the first quarter. PNC Financial Services Group Inc. now owns 144,077 shares of the scientific and technical instruments company’s stock valued at $87,168,000 after purchasing an additional 2,581 shares during the period. Oslo Pensjonsforsikring AS purchased a new position in shares of Teledyne Technologies in the first quarter valued at $189,000. Wilkerson Advisory Group LLC purchased a new position in shares of Teledyne Technologies in the first quarter valued at $229,000. Amova Asset Management Americas Inc. grew its holdings in Teledyne Technologies by 4.9% during the 1st quarter. Amova Asset Management Americas Inc. now owns 10,730 shares of the scientific and technical instruments company’s stock valued at $6,488,000 after purchasing an additional 506 shares in the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in Teledyne Technologies during the 1st quarter valued at $27,000. 91.58% of the stock is owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades TDY has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Barclays upped their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Citigroup increased their target price on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $711.50. View Our Latest Stock Report on TDY Key Headlines Impacting Teledyne Technologies Here are the key news stories impacting Teledyne Technologies this week: Positive Sentiment: Teledyne reported better-than-expected Q2 results, with non-GAAP EPS of $6.28 versus estimates near $5.79 and revenue of $1.66 billion versus $1.58 billion expected, helped by broad-based sales growth and record orders. Teledyne Technologies Reports Second Quarter Results Positive Sentiment: The company raised full-year 2026 EPS guidance to $24.45-$24.65 and Q3 guidance to $6.05-$6.15, both above consensus, signaling management expects momentum to continue. Teledyne Technologies Reports Second Quarter Results Positive Sentiment: Several analysts responded by lifting price targets and reiterating buy ratings, including Stifel to $775 and Needham to $750, suggesting Wall Street sees more upside after the earnings beat. Benzinga analyst updates Positive Sentiment: Teledyne also announced a five-year partnership with the RNLI to provide navigation and thermal imaging technology, a modestly positive contract win that supports its marine and sensing businesses. RNLI partnership announcement Neutral Sentiment: Some commentary notes the stock is trading at a premium valuation after the rally, which may limit near-term upside even as fundamentals improve. Teledyne (TDY) Stock Trades At A Premium To Fair Value Teledyne Technologies Price Performance Shares of NYSE:TDY opened at $650.87 on Friday. The company has a market cap of $30.15 billion, a PE ratio of 31.43, a P/E/G ratio of 3.05 and a beta of 0.92. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The firm has a 50-day simple moving average of $627.09 and a 200 day simple moving average of $629.20. The company has a quick ratio of 1.16, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.79 by $0.49. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.20 EPS. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. On average, sell-side analysts anticipate that Teledyne Technologies Incorporated will post 24.55 EPS for the current year. About Teledyne Technologies (Free Report) Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research. The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics. Further Reading Five stocks we like better than Teledyne Technologies Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Teledyne Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teledyne Technologies and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEInsurance Stocks To Watch Today – July 22nd NEXT HEADLINE »Pathward Financial Q3 Earnings Call Highlights |
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2026-07-24 13:04
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2026-07-24 04:07
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Andra AP fonden Sells 9,780 Shares of Teledyne Technologies Incorporated $TDY | FMP Stock News | |
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Posted by Defense World Staff on Jul 24th, 2026Andra AP fonden lessened its holdings in Teledyne Technologies Incorporated (NYSE:TDY – Free Report) by 88.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,320 shares of the scientific and technical instruments company’s stock after selling 9,780 shares during the period. Andra AP fonden’s holdings in Teledyne Technologies were worth $799,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new position in shares of Teledyne Technologies in the first quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Teledyne Technologies during the fourth quarter valued at $28,000. DV Equities LLC acquired a new stake in Teledyne Technologies during the fourth quarter worth approximately $33,000. Banque Cantonale Vaudoise acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth approximately $43,000. Finally, eCIO Inc. bought a new stake in Teledyne Technologies in the fourth quarter valued at $47,000. Institutional investors own 91.58% of the company’s stock. Teledyne Technologies Trading Up 0.1% NYSE:TDY opened at $650.87 on Friday. The company has a current ratio of 2.18, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $30.15 billion, a PE ratio of 31.43, a price-to-earnings-growth ratio of 3.05 and a beta of 0.92. The firm’s 50 day moving average is $627.09 and its 200 day moving average is $629.20. Teledyne Technologies Incorporated has a 12 month low of $483.02 and a 12 month high of $693.38. Teledyne Technologies (NYSE:TDY – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the company earned $5.20 earnings per share. Teledyne Technologies’s revenue was up 9.8% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. Sell-side analysts expect that Teledyne Technologies Incorporated will post 24.55 earnings per share for the current year. Analyst Upgrades and Downgrades Several equities analysts have recently weighed in on TDY shares. Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a report on Thursday. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Barclays boosted their price objective on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Stifel Nicolaus upped their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $711.50. View Our Latest Stock Analysis on TDY Teledyne Technologies News Roundup Here are the key news stories impacting Teledyne Technologies this week: Positive Sentiment: Teledyne reported better-than-expected Q2 results, with non-GAAP EPS of $6.28 versus estimates near $5.79 and revenue of $1.66 billion versus $1.58 billion expected, helped by broad-based sales growth and record orders. Teledyne Technologies Reports Second Quarter Results Positive Sentiment: The company raised full-year 2026 EPS guidance to $24.45-$24.65 and Q3 guidance to $6.05-$6.15, both above consensus, signaling management expects momentum to continue. Teledyne Technologies Reports Second Quarter Results Positive Sentiment: Several analysts responded by lifting price targets and reiterating buy ratings, including Stifel to $775 and Needham to $750, suggesting Wall Street sees more upside after the earnings beat. Benzinga analyst updates Positive Sentiment: Teledyne also announced a five-year partnership with the RNLI to provide navigation and thermal imaging technology, a modestly positive contract win that supports its marine and sensing businesses. RNLI partnership announcement Neutral Sentiment: Some commentary notes the stock is trading at a premium valuation after the rally, which may limit near-term upside even as fundamentals improve. Teledyne (TDY) Stock Trades At A Premium To Fair Value Teledyne Technologies Company Profile (Free Report) Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research. The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics. See Also Five stocks we like better than Teledyne Technologies Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Receive News & Ratings for Teledyne Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teledyne Technologies and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEPromising Streaming Stocks To Follow Today – July 22nd NEXT HEADLINE »Amazon.com, Inc. $AMZN Shares Acquired by Ferguson Wellman Capital Management Inc. |
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