Bank of New York Mellon Corp cut its stake in Sun Communities, Inc. (NYSE:SUI – Free Report) by 1.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 682,504 shares of the real estate investment trust’s stock after selling 9,513 shares during the period. Bank of New York Mellon Corp owned approximately 0.55% of Sun Communities worth $85,968,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. raised its holdings in Sun Communities by 8.8% in the fourth quarter. Whittier Trust Co. now owns 264,511 shares of the real estate investment trust’s stock valued at $32,495,000 after buying an additional 21,364 shares during the period. Whittier Trust Co. of Nevada Inc. grew its stake in Sun Communities by 9.2% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 110,415 shares of the real estate investment trust’s stock worth $13,564,000 after buying an additional 9,268 shares during the period. Legal & General Group Plc grew its stake in Sun Communities by 6.4% during the fourth quarter. Legal & General Group Plc now owns 1,080,585 shares of the real estate investment trust’s stock worth $133,895,000 after buying an additional 65,053 shares during the period. Ilmarinen Mutual Pension Insurance Co acquired a new stake in shares of Sun Communities in the fourth quarter worth $1,549,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Sun Communities by 503.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 78,736 shares of the real estate investment trust’s stock valued at $9,673,000 after acquiring an additional 65,694 shares during the period. 99.59% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets Several equities analysts recently weighed in on SUI shares. Barclays reduced their target price on shares of Sun Communities from $147.00 to $146.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Jefferies Financial Group raised Sun Communities to a “strong-buy” rating in a research report on Friday, June 26th. Weiss Ratings cut Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Wells Fargo & Company decreased their target price on Sun Communities from $150.00 to $142.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Royal Bank Of Canada lowered their target price on Sun Communities from $151.00 to $149.00 and set an “outperform” rating for the company in a research note on Friday, June 5th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Sun Communities currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.05.
View Our Latest Analysis on Sun Communities
Sun Communities Price Performance SUI opened at $119.04 on Wednesday. Sun Communities, Inc. has a twelve month low of $115.53 and a twelve month high of $137.85. The firm has a market cap of $14.67 billion, a price-to-earnings ratio of 10.81, a PEG ratio of 3.97 and a beta of 0.79. The company has a current ratio of 3.39, a quick ratio of 3.39 and a debt-to-equity ratio of 0.60. The company has a fifty day simple moving average of $122.13 and a 200 day simple moving average of $126.48.
Sun Communities (NYSE:SUI – Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($1.38). The firm had revenue of $500.50 million during the quarter, compared to analysts’ expectations of $472.40 million. Sun Communities had a net margin of 62.29% and a return on equity of 0.16%. The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.26 earnings per share. Sun Communities has set its Q2 2026 guidance at 1.710-1.790 EPS and its FY 2026 guidance at 6.870-7.070 EPS. Equities research analysts expect that Sun Communities, Inc. will post 6.9 EPS for the current fiscal year.
Sun Communities Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Sun Communities’s dividend payout ratio (DPR) is 40.69%.
Insider Activity at Sun Communities In other news, Director Gary A. Shiffman sold 25,031 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $119.96, for a total transaction of $3,002,718.76. Following the completion of the sale, the director owned 857,761 shares of the company’s stock, valued at approximately $102,897,009.56. This trade represents a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Fernando Castro-Caratini sold 23,750 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the sale, the executive vice president directly owned 9,998 shares of the company’s stock, valued at $1,244,051.14. The trade was a 70.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.58% of the stock is owned by insiders.
About Sun Communities (Free Report)
Sun Communities, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of manufactured housing communities, recreational vehicle (RV) resorts and marinas. The company’s portfolio spans more than 500 manufactured housing communities and over 160 RV resorts, offering affordable, long-term housing as well as short-stay recreational lodging. Through professional on-site management and amenity-rich community designs, Sun Communities serves a diverse customer base that includes retirees, workforce families and vacationers.
Founded in 1975 and headquartered in Southfield, Michigan, Sun Communities has grown organically and through strategic acquisitions to become one of the largest operators in its sector.
Further Reading Five stocks we like better than Sun Communities Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Fifth Third Bancorp lifted its holdings in shares of Albertsons Companies, Inc. (NYSE:ACI – Free Report) by 2,707.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 123,867 shares of the company’s stock after purchasing an additional 119,455 shares during the quarter. Fifth Third Bancorp’s holdings in Albertsons Companies were worth $2,111,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. CWM LLC increased its position in shares of Albertsons Companies by 103.5% during the fourth quarter. CWM LLC now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 730 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Albertsons Companies by 185.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,628 shares of the company’s stock valued at $28,000 after acquiring an additional 1,057 shares during the period. NBC Securities Inc. lifted its holdings in shares of Albertsons Companies by 91.2% in the 4th quarter. NBC Securities Inc. now owns 1,855 shares of the company’s stock worth $32,000 after acquiring an additional 885 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Albertsons Companies by 172.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,062 shares of the company’s stock worth $35,000 after acquiring an additional 1,306 shares during the last quarter. Finally, Elevation Wealth Partners LLC purchased a new position in shares of Albertsons Companies during the 4th quarter worth approximately $46,000. 71.35% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In Several analysts recently weighed in on the stock. Wells Fargo & Company dropped their target price on shares of Albertsons Companies from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Monday, June 29th. Citigroup lowered their price target on Albertsons Companies from $22.00 to $17.00 and set a “buy” rating for the company in a research report on Monday, June 29th. UBS Group dropped their price objective on Albertsons Companies from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Weiss Ratings downgraded Albertsons Companies from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, May 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $21.00 price objective on shares of Albertsons Companies in a report on Monday, April 6th. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $20.25.
Get Our Latest Stock Report on ACI
Albertsons Companies Trading Down 1.7% Shares of ACI stock opened at $14.70 on Wednesday. Albertsons Companies, Inc. has a fifty-two week low of $13.16 and a fifty-two week high of $20.91. The company has a 50 day moving average price of $15.08 and a 200 day moving average price of $16.45. The stock has a market capitalization of $7.20 billion, a P/E ratio of 45.94, a price-to-earnings-growth ratio of 1.71 and a beta of 0.42. The company has a debt-to-equity ratio of 4.58, a quick ratio of 0.20 and a current ratio of 0.86.
Albertsons Companies Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a $0.17 dividend. The ex-dividend date is Friday, July 24th. This represents a $0.68 annualized dividend and a dividend yield of 4.6%. Albertsons Companies’s payout ratio is 212.50%.
Albertsons Companies Profile (Free Report)
Albertsons Companies, Inc (NYSE: ACI) is one of the largest food and drug retailers in the United States, operating a diversified portfolio of grocery store banners. Founded in 1939 by Joe Albertson in Boise, Idaho, the company has grown through both organic expansion and strategic acquisitions. Its core business activities encompass the sale of fresh produce, meat, bakery items, deli offerings, pharmacy services, and general merchandise. The company’s retail operations are complemented by an in-house private-label program, featuring brands such as O Organics, Open Nature, and Lucerne, which cater to a range of customer preferences and price points.
Throughout its history, Albertsons Companies has pursued growth via mergers and partnerships.
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PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to report fourth quarter and fiscal year 2026 earnings on August 5 and to hold annual shareholder meeting on November 20.
California Public Employees Retirement System lowered its position in Pinnacle West Capital Corporation (NYSE:PNW – Free Report) by 13.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 275,327 shares of the utilities provider’s stock after selling 41,749 shares during the period. California Public Employees Retirement System owned about 0.23% of Pinnacle West Capital worth $27,739,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Kera Capital Partners Inc. lifted its holdings in Pinnacle West Capital by 13.4% in the first quarter. Kera Capital Partners Inc. now owns 4,535 shares of the utilities provider’s stock valued at $457,000 after acquiring an additional 537 shares during the period. Assetmark Inc. grew its stake in shares of Pinnacle West Capital by 32.8% during the 1st quarter. Assetmark Inc. now owns 1,719 shares of the utilities provider’s stock valued at $173,000 after purchasing an additional 425 shares during the period. NovaPoint Capital LLC grew its stake in shares of Pinnacle West Capital by 9.8% during the 1st quarter. NovaPoint Capital LLC now owns 13,741 shares of the utilities provider’s stock valued at $1,384,000 after purchasing an additional 1,222 shares during the period. Bessemer Group Inc. increased its position in shares of Pinnacle West Capital by 26.1% during the 1st quarter. Bessemer Group Inc. now owns 4,934 shares of the utilities provider’s stock valued at $496,000 after purchasing an additional 1,020 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Pinnacle West Capital by 1,510.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 115,939 shares of the utilities provider’s stock valued at $11,771,000 after purchasing an additional 108,742 shares during the last quarter. Hedge funds and other institutional investors own 91.51% of the company’s stock.
Pinnacle West Capital Stock Down 0.7% NYSE PNW opened at $105.61 on Wednesday. The stock’s 50-day moving average price is $104.01 and its 200-day moving average price is $100.19. The company has a quick ratio of 0.39, a current ratio of 0.60 and a debt-to-equity ratio of 1.38. Pinnacle West Capital Corporation has a 52 week low of $85.32 and a 52 week high of $111.16. The company has a market capitalization of $12.80 billion, a P/E ratio of 19.67, a price-to-earnings-growth ratio of 3.87 and a beta of 0.43.
Pinnacle West Capital (NYSE:PNW – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The utilities provider reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.30. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Pinnacle West Capital had a return on equity of 9.27% and a net margin of 11.99%.The business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) EPS. Pinnacle West Capital has set its FY 2026 guidance at 4.550-4.750 EPS. On average, equities research analysts predict that Pinnacle West Capital Corporation will post 4.73 earnings per share for the current year.
Pinnacle West Capital Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 3rd will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, August 3rd. Pinnacle West Capital’s dividend payout ratio is presently 67.78%.
Insider Buying and Selling at Pinnacle West Capital In other news, EVP Jacob Tetlow sold 6,567 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $99.00, for a total value of $650,133.00. Following the completion of the sale, the executive vice president directly owned 6,634 shares of the company’s stock, valued at $656,766. This represents a 49.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.19% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In Several brokerages have recently weighed in on PNW. Jefferies Financial Group reiterated a “buy” rating and issued a $129.00 price objective on shares of Pinnacle West Capital in a research note on Wednesday, July 8th. Argus boosted their target price on shares of Pinnacle West Capital from $95.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Wells Fargo & Company set a $106.00 target price on shares of Pinnacle West Capital in a report on Tuesday, April 21st. TD Cowen increased their price target on shares of Pinnacle West Capital from $100.00 to $101.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Finally, Truist Financial dropped their price target on shares of Pinnacle West Capital from $108.00 to $105.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. Three research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $104.14.
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Pinnacle West Capital Profile (Free Report)
Pinnacle West Capital Corporation is a publicly traded utility holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Arizona Public Service Company (APS), Pinnacle West generates, transmits and distributes electricity to more than one million residential, commercial and industrial customers across central and southern Arizona. The company’s regulated operations focus on delivering safe, reliable power while meeting evolving environmental standards.
The company’s diversified generation portfolio includes natural gas–fired plants, the nuclear-powered Palo Verde Generating Station—the largest nuclear facility in the United States by net output—plus growing investments in solar and battery storage projects.
Featured Articles Five stocks we like better than Pinnacle West Capital Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System trimmed its holdings in Revolution Medicines, Inc. (NASDAQ:RVMD – Free Report) by 3.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 281,960 shares of the company’s stock after selling 9,046 shares during the quarter. California Public Employees Retirement System owned about 0.13% of Revolution Medicines worth $27,421,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the stock. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Revolution Medicines during the first quarter worth approximately $1,022,000. Bank of New York Mellon Corp lifted its position in shares of Revolution Medicines by 17.2% during the 1st quarter. Bank of New York Mellon Corp now owns 635,366 shares of the company’s stock worth $61,789,000 after buying an additional 93,297 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Revolution Medicines in the 1st quarter valued at $97,000. Sanctuary Advisors LLC acquired a new position in shares of Revolution Medicines in the 1st quarter valued at $213,000. Finally, Calamos Advisors LLC grew its position in shares of Revolution Medicines by 24.1% in the 1st quarter. Calamos Advisors LLC now owns 15,463 shares of the company’s stock valued at $1,504,000 after buying an additional 3,003 shares during the last quarter. 94.34% of the stock is currently owned by hedge funds and other institutional investors.
Revolution Medicines Trading Up 1.6% Shares of Revolution Medicines stock opened at $183.29 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 6.80 and a current ratio of 6.80. The company has a market capitalization of $38.97 billion, a P/E ratio of -25.92 and a beta of 1.37. Revolution Medicines, Inc. has a 1 year low of $34.00 and a 1 year high of $193.82. The company’s fifty day moving average is $166.55 and its two-hundred day moving average is $129.82.
Revolution Medicines (NASDAQ:RVMD – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($2.29) EPS for the quarter, missing analysts’ consensus estimates of ($1.83) by ($0.46). During the same quarter last year, the firm earned ($1.13) EPS. Analysts forecast that Revolution Medicines, Inc. will post -7.9 earnings per share for the current year.
Insider Transactions at Revolution Medicines In other Revolution Medicines news, COO Margaret A. Horn sold 60,400 shares of Revolution Medicines stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $160.17, for a total value of $9,674,268.00. Following the transaction, the chief operating officer directly owned 158,222 shares in the company, valued at approximately $25,342,417.74. This trade represents a 27.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Sushil Patel sold 5,580 shares of Revolution Medicines stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $187.99, for a total value of $1,048,984.20. Following the completion of the transaction, the director owned 21,656 shares in the company, valued at $4,071,111.44. This trade represents a 20.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 132,497 shares of company stock worth $21,470,486 over the last three months. 7.60% of the stock is currently owned by company insiders.
Analysts Set New Price Targets RVMD has been the topic of several research analyst reports. Mizuho lifted their price target on shares of Revolution Medicines from $185.00 to $215.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Revolution Medicines in a report on Monday, April 20th. Guggenheim boosted their target price on Revolution Medicines from $205.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Revolution Medicines in a research report on Friday. Finally, Oppenheimer raised their price target on Revolution Medicines from $165.00 to $195.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $144.06.
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Revolution Medicines Profile (Free Report)
Revolution Medicines is a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapies to treat RAS-dependent cancers and other diseases driven by the RAS/MAPK pathway. The company’s research efforts target historically “undruggable” proteins, aiming to inhibit critical nodes in cell signaling that promote tumor growth and therapeutic resistance.
The lead pipeline includes RMC-4630, a SHP2 inhibitor; RMC-6291, a selective KRAS G12C inhibitor; and RMC-6236, a pan-RAS inhibitor designed to address multiple RAS mutations.
Featured Articles Five stocks we like better than Revolution Medicines Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding RVMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Revolution Medicines, Inc. (NASDAQ:RVMD – Free Report).
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Andra AP fonden lifted its position in shares of Insmed, Inc. (NASDAQ:INSM – Free Report) by 114.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,970 shares of the biopharmaceutical company’s stock after acquiring an additional 41,670 shares during the period. Andra AP fonden’s holdings in Insmed were worth $12,750,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in shares of Insmed by 65.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 664 shares of the biopharmaceutical company’s stock valued at $67,000 after purchasing an additional 263 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Insmed by 80.8% during the 2nd quarter. First Trust Advisors LP now owns 47,392 shares of the biopharmaceutical company’s stock valued at $4,770,000 after acquiring an additional 21,176 shares in the last quarter. Baird Financial Group Inc. bought a new stake in Insmed during the 2nd quarter worth $2,589,000. Amundi increased its holdings in Insmed by 21,194.4% in the 2nd quarter. Amundi now owns 11,499 shares of the biopharmaceutical company’s stock worth $1,130,000 after purchasing an additional 11,445 shares in the last quarter. Finally, Natixis acquired a new position in Insmed in the 2nd quarter worth about $1,072,000.
Wall Street Analyst Weigh In A number of brokerages have recently commented on INSM. Morgan Stanley raised Insmed from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $166.00 to $212.00 in a research note on Monday, March 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Insmed in a research note on Friday. Wells Fargo & Company raised their price objective on shares of Insmed from $160.00 to $161.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Royal Bank Of Canada cut their target price on shares of Insmed from $205.00 to $195.00 and set an “outperform” rating on the stock in a research report on Friday, June 5th. Finally, Guggenheim restated a “buy” rating and issued a $207.00 price target on shares of Insmed in a research report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $209.13.
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Insmed Stock Up 1.5% Shares of NASDAQ INSM opened at $108.62 on Wednesday. The company’s 50 day moving average price is $105.64 and its 200-day moving average price is $134.69. The company has a debt-to-equity ratio of 0.80, a quick ratio of 4.10 and a current ratio of 4.47. Insmed, Inc. has a 52-week low of $90.39 and a 52-week high of $212.75. The company has a market capitalization of $23.54 billion, a P/E ratio of -18.89 and a beta of 0.78.
Insmed (NASDAQ:INSM – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The biopharmaceutical company reported ($0.76) earnings per share for the quarter, topping the consensus estimate of ($0.90) by $0.14. Insmed had a negative net margin of 144.44% and a negative return on equity of 130.11%. The company had revenue of $305.96 million during the quarter, compared to analysts’ expectations of $300.81 million. During the same period in the prior year, the company posted ($1.42) earnings per share. Insmed’s revenue for the quarter was up 229.7% compared to the same quarter last year. Equities analysts forecast that Insmed, Inc. will post -2.43 earnings per share for the current year.
Insiders Place Their Bets In related news, COO Roger Adsett sold 2,370 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $102.27, for a total transaction of $242,379.90. Following the completion of the sale, the chief operating officer owned 98,603 shares of the company’s stock, valued at $10,084,128.81. This trade represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO William Lewis sold 10,699 shares of the company’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $117.40, for a total transaction of $1,256,062.60. Following the transaction, the chief executive officer owned 259,058 shares in the company, valued at $30,413,409.20. This represents a 3.97% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 54,590 shares of company stock worth $5,793,738 in the last quarter. 2.10% of the stock is currently owned by company insiders.
Insmed Profile (Free Report)
Insmed Incorporated is a biopharmaceutical company focused on developing and commercializing therapies for patients with rare and serious diseases, with a particular emphasis on difficult-to-treat pulmonary infections. Headquartered in Bridgewater, New Jersey, the company concentrates its research and development efforts on targeted drug delivery technologies and novel formulations intended to improve clinical outcomes for patients who have limited treatment options.
The company’s principal marketed product is ARIKAYCE (amikacin liposome inhalation suspension), an inhaled liposomal formulation of the antibiotic amikacin that is approved by the U.S.
Further Reading Five stocks we like better than Insmed Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding INSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Insmed, Inc. (NASDAQ:INSM – Free Report).
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California Public Employees Retirement System lessened its stake in Tenet Healthcare Corporation (NYSE:THC – Free Report) by 23.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 177,544 shares of the company’s stock after selling 53,923 shares during the period. California Public Employees Retirement System owned approximately 0.21% of Tenet Healthcare worth $33,504,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. Triumph Capital Management bought a new stake in shares of Tenet Healthcare during the 3rd quarter valued at about $25,000. Activest Wealth Management bought a new stake in Tenet Healthcare during the fourth quarter valued at approximately $26,000. Elyxium Wealth LLC purchased a new stake in Tenet Healthcare during the fourth quarter valued at approximately $29,000. Canada Pension Plan Investment Board purchased a new position in shares of Tenet Healthcare during the 2nd quarter worth $35,000. Finally, Meeder Asset Management Inc. grew its position in shares of Tenet Healthcare by 146.2% during the 4th quarter. Meeder Asset Management Inc. now owns 192 shares of the company’s stock valued at $38,000 after acquiring an additional 114 shares during the period. Institutional investors own 95.44% of the company’s stock.
Analysts Set New Price Targets A number of brokerages recently commented on THC. TD Cowen decreased their target price on Tenet Healthcare from $242.00 to $233.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Royal Bank Of Canada reduced their price target on Tenet Healthcare from $277.00 to $236.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Robert W. Baird decreased their price objective on Tenet Healthcare from $245.00 to $210.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Wells Fargo & Company boosted their price objective on Tenet Healthcare from $213.00 to $231.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, Morgan Stanley set a $254.00 target price on shares of Tenet Healthcare in a report on Friday, May 1st. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $244.84.
View Our Latest Stock Report on Tenet Healthcare
Tenet Healthcare Trading Up 0.9% Shares of THC stock opened at $196.19 on Wednesday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.30 and a current ratio of 1.36. The stock has a fifty day simple moving average of $184.41 and a two-hundred day simple moving average of $197.39. The firm has a market capitalization of $16.90 billion, a PE ratio of 10.20, a PEG ratio of 1.61 and a beta of 1.27. Tenet Healthcare Corporation has a 52-week low of $146.60 and a 52-week high of $247.21.
Tenet Healthcare (NYSE:THC – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $4.82 EPS for the quarter, beating the consensus estimate of $4.21 by $0.61. Tenet Healthcare had a return on equity of 25.55% and a net margin of 7.94%.The business had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.39 billion. During the same period in the previous year, the business earned $4.36 earnings per share. The business’s revenue was up 2.6% on a year-over-year basis. Tenet Healthcare has set its FY 2026 guidance at 16.380-18.68 EPS. On average, analysts predict that Tenet Healthcare Corporation will post 17.5 EPS for the current fiscal year.
Insider Activity at Tenet Healthcare In other Tenet Healthcare news, Director J Robert Kerrey sold 5,638 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $174.52, for a total value of $983,943.76. Following the completion of the transaction, the director directly owned 16,804 shares in the company, valued at $2,932,634.08. This represents a 25.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Nadja West sold 3,000 shares of Tenet Healthcare stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $177.35, for a total transaction of $532,050.00. Following the sale, the director owned 24,805 shares in the company, valued at approximately $4,399,166.75. The trade was a 10.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.97% of the company’s stock.
Tenet Healthcare Company Profile (Free Report)
Tenet Healthcare Corporation (NYSE: THC) is a diversified American healthcare services company that owns and operates acute care hospitals and a broad range of outpatient facilities. Its portfolio includes general acute-care hospitals, specialty hospitals, ambulatory surgery centers, urgent care and diagnostic imaging centers, and other ancillary service locations. Tenet’s operations are oriented around delivering inpatient and outpatient clinical care across multiple medical specialties, with an emphasis on surgical services, emergency care, and advanced diagnostics.
In addition to facility-based care, Tenet provides integrated services designed to support clinical operations and improve patient access and care coordination.
See Also Five stocks we like better than Tenet Healthcare Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding THC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tenet Healthcare Corporation (NYSE:THC – Free Report).
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ABN Amro Investment Solutions acquired a new stake in shares of Trane Technologies plc (NYSE:TT – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 171,433 shares of the company’s stock, valued at approximately $71,443,000. Trane Technologies makes up approximately 0.9% of ABN Amro Investment Solutions’ portfolio, making the stock its 20th biggest holding. ABN Amro Investment Solutions owned about 0.08% of Trane Technologies as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Bell Investment Advisors Inc increased its position in shares of Trane Technologies by 12.2% in the 1st quarter. Bell Investment Advisors Inc now owns 203 shares of the company’s stock valued at $85,000 after acquiring an additional 22 shares during the period. Fiduciary Family Office LLC raised its stake in shares of Trane Technologies by 1.5% in the fourth quarter. Fiduciary Family Office LLC now owns 1,573 shares of the company’s stock worth $612,000 after purchasing an additional 23 shares during the last quarter. Foster Dykema Cabot & Partners LLC lifted its holdings in shares of Trane Technologies by 10.6% during the fourth quarter. Foster Dykema Cabot & Partners LLC now owns 239 shares of the company’s stock worth $93,000 after purchasing an additional 23 shares during the period. Bridges Investment Management Inc. lifted its holdings in shares of Trane Technologies by 1.6% during the fourth quarter. Bridges Investment Management Inc. now owns 1,542 shares of the company’s stock worth $600,000 after purchasing an additional 24 shares during the period. Finally, Cornerstone Planning Group LLC boosted its position in Trane Technologies by 14.5% in the first quarter. Cornerstone Planning Group LLC now owns 190 shares of the company’s stock valued at $79,000 after buying an additional 24 shares during the last quarter. 82.97% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth A number of equities analysts have issued reports on TT shares. Sanford C. Bernstein set a $555.00 price target on shares of Trane Technologies in a research report on Thursday, July 9th. BNP Paribas Exane initiated coverage on shares of Trane Technologies in a report on Tuesday, April 14th. They set an “outperform” rating and a $550.00 target price for the company. Barclays boosted their target price on shares of Trane Technologies from $507.00 to $585.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Trane Technologies in a research report on Friday. Finally, Royal Bank Of Canada lifted their price objective on Trane Technologies from $440.00 to $501.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Trane Technologies has an average rating of “Moderate Buy” and a consensus target price of $516.67.
Get Our Latest Analysis on TT
Insider Activity at Trane Technologies In other news, insider Donald E. Simmons sold 4,593 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $500.00, for a total transaction of $2,296,500.00. Following the completion of the transaction, the insider directly owned 3,819 shares of the company’s stock, valued at $1,909,500. This represents a 54.60% 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. 0.43% of the stock is owned by company insiders.
Trane Technologies Trading Up 0.5% Shares of Trane Technologies stock opened at $470.42 on Wednesday. The firm has a 50-day simple moving average of $469.78 and a two-hundred day simple moving average of $448.47. The company has a market cap of $103.99 billion, a P/E ratio of 36.38, a price-to-earnings-growth ratio of 2.15 and a beta of 1.19. Trane Technologies plc has a fifty-two week low of $348.06 and a fifty-two week high of $505.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.77 and a current ratio of 1.10.
Trane Technologies (NYSE:TT – Get Free Report) last posted its earnings results on Friday, May 1st. The company reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.53 by $0.10. The firm had revenue of $4.97 billion for the quarter, compared to analysts’ expectations of $4.81 billion. Trane Technologies had a return on equity of 35.55% and a net margin of 13.41%.The company’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the firm earned $2.45 EPS. As a group, equities analysts predict that Trane Technologies plc will post 14.89 earnings per share for the current fiscal year.
Trane Technologies Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be given a $1.05 dividend. The ex-dividend date is Friday, September 4th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 0.9%. Trane Technologies’s payout ratio is 32.48%.
Trane Technologies Profile (Free Report)
Trane Technologies (NYSE: TT) is a global climate solutions company focused on heating, ventilation and air conditioning (HVAC) and transport refrigeration systems. The company develops, manufactures and sells a broad range of climate-control products under well-known brands, including commercial and residential HVAC equipment, building management systems and controls, and transport refrigeration units. Its product portfolio spans rooftop and packaged units, chillers, furnaces, air handlers, compressors, and related components designed for commercial buildings, industrial facilities, residences and transportation applications.
In addition to equipment, Trane Technologies provides lifecycle services that include installation, maintenance, parts, retrofit and aftermarket support, as well as digital and controls solutions for building performance and energy management.
Featured Stories Five stocks we like better than Trane Technologies Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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ABN Amro Investment Solutions lowered its holdings in AutoZone, Inc. (NYSE:AZO – Free Report) by 7.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,442 shares of the company’s stock after selling 1,180 shares during the quarter. ABN Amro Investment Solutions owned 0.09% of AutoZone worth $52,160,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. bought a new stake in AutoZone in the third quarter valued at $25,000. Torren Management LLC bought a new position in AutoZone during the 4th quarter valued at about $27,000. Transamerica Financial Advisors LLC lifted its holdings in AutoZone by 100.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 8 shares of the company’s stock valued at $28,000 after purchasing an additional 4 shares during the last quarter. MCF Advisors LLC boosted its position in AutoZone by 50.0% in the fourth quarter. MCF Advisors LLC now owns 9 shares of the company’s stock valued at $31,000 after buying an additional 3 shares in the last quarter. Finally, Bard Associates Inc. acquired a new position in AutoZone in the fourth quarter valued at about $31,000. Institutional investors own 92.74% of the company’s stock.
Analyst Upgrades and Downgrades Several research firms have recently weighed in on AZO. Guggenheim dropped their price objective on shares of AutoZone from $4,400.00 to $4,000.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. DA Davidson decreased their price target on AutoZone from $4,300.00 to $3,750.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Citigroup dropped their price target on AutoZone from $4,300.00 to $3,700.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Robert W. Baird reduced their price objective on AutoZone from $3,900.00 to $3,600.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 27th. Finally, Truist Financial set a $3,700.00 target price on AutoZone in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,040.87.
View Our Latest Stock Report on AZO
AutoZone Price Performance Shares of NYSE:AZO opened at $3,009.58 on Wednesday. The stock has a market cap of $49.13 billion, a price-to-earnings ratio of 20.69, a P/E/G ratio of 1.52 and a beta of 0.33. The company has a 50 day moving average of $3,125.74 and a 200-day moving average of $3,410.91. AutoZone, Inc. has a one year low of $2,928.11 and a one year high of $4,388.11.
AutoZone (NYSE:AZO – Get Free Report) last announced its quarterly earnings data on Tuesday, May 26th. The company reported $38.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $36.22 by $1.85. The firm had revenue of $4.84 billion for the quarter, compared to analysts’ expectations of $4.86 billion. AutoZone had a net margin of 12.40% and a negative return on equity of 80.35%. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period last year, the firm earned $35.36 earnings per share. Equities research analysts anticipate that AutoZone, Inc. will post 150.51 earnings per share for the current year.
AutoZone declared that its Board of Directors has initiated a share buyback plan on Tuesday, June 16th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the company to reacquire up to 3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.
Insider Buying and Selling In related news, Director Brian Hannasch bought 165 shares of the business’s stock in a transaction on Friday, May 29th. The shares were purchased at an average price of $2,987.00 per share, with a total value of $492,855.00. Following the completion of the purchase, the director owned 1,219 shares of the company’s stock, valued at $3,641,153. This represents a 15.65% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.60% of the company’s stock.
About AutoZone (Free Report)
AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.
AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.
See Also Five stocks we like better than AutoZone Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Published Data Shows that the Active Ingredient, Lotilaner, in Credelio Quattro:
Kills existing black-legged tick (Ixodes scapularis) infestations faster2 than leading competitors, within just 8 hours of treatment.i Kills the lone star tick (Amblyomma americanum) within 12 hours of infestation; achieving the fastest3 initial speed of tick kill compared to the competition.ii Achieves a rapid speed of kill4 on Day 0 and on Day 28, with no statistically significant drop-off in performance at the end of the dosing period.i,ii Outlasts competitors whose speed of kill2,4 performance declined at the end of the month.i,ii , /PRNewswire/ -- When it comes to killing ticks, veterinarians and pet owners want it done fast. New data published in Parasites & Vectors, a leading peer-reviewed publication, demonstrates that Elanco Animal Health's (NYSE: ELAN) Credelio Quattro™ (lotilaner, moxidectin, praziquantel, and pyrantel chewable tablets) kills ticks1 faster2 than leading competitors Simparica Trio® (sarolaner, moxidectin, and pyrantel chewable tablets) and NexGard® Plus (afoxolaner, moxidectin, and pyrantel chewable tablets).i
Newly Published Data Found Credelio Quattro:
Dr. Kathryn Reif, Bailey-Goodwin Endowed Associate Professor in Parasitology at Auburn University. Faster2 Tick1 Speed of Kill: Credelio Quattro is the only product proven to significantly reduce black-legged ticks within 8 hours.i Lotilaner, the active ingredient in Credelio Quattro also has the fastest initial tick speed of kill against the lone star tick - in just 12 hours – and sustains the advantage throughout the dosing interval.ii Outperforms the Competition: Outperforms Simparica Trio® (12 hours) and NexGard® Plus (24 hours) at the end of the dosing period (Day 28).i Consistency Over Competitors: Achieves 8-hour speed of kill1 on Day 0 and on Day 28 with no performance drop-off. Rapid kill is critical for preventing Lyme disease transmission, which typically occurs 24-48 hours after attachment.i "Speed of kill is a critical factor for veterinarians and pet owners when choosing parasite coverage because the longer a tick is attached, the more likely it is to transmit dangerous diseases, like Lyme disease, to pets," said Dr. Casey Locklear, veterinarian and leading parasiticides expert at Elanco. "These results reinforce that lotilaner, the active ingredient in Credelio Quattro, not only starts working fast but maintains its speed of kill4 against multiple species of ticks5, providing veterinarians and pet owners with the confidence that their dogs are protected from the very start of the month to the very end."
The black-legged tick is the primary vector for Borrelia burgdorferi, the bacterium responsible for Lyme disease and anaplasmosis. The study, which evaluated the speed of kill against Ixodes scapularis (black-legged tick), found that Credelio Quattro was the only product tested to achieve significant initial tick reduction2 within just 8 hours of infestation. Notably, this rapid speed of kill1 was maintained from the beginning of the month through Day 28, providing consistent protection for the entire dosing interval.i
"Ticks are on the move. They are no longer limited to the places or seasons where we have historically expected to find them," said Dr. Kathryn Reif, Bailey-Goodwin Endowed Associate Professor in Parasitology at Auburn University. "As their geographic range expands, so does the risk of tick bites and exposure to the pathogens they carry. Because tick-borne diseases can threaten the health of people, pets, and livestock, raising public awareness is more important than ever as tick populations grow and spread into new regions."
The findings are based on evaluation time points at 4, 8, 12, 24, and 48 hours post-treatment and reinfestation. The data demonstrates that Credelio Quattro outperforms Simparica Trio and NexGard Plus in rapid tick1 reduction, particularly in the critical first 8 to 12 hours.i
Speed of kill against Ixodes scapularis (black-legged tick)^ i
Time point at which active achieved consistent superior efficacy vs. untreated control group¥
Day of Study
Credelio Quattro
(lotilaner, moxidectin, praziquantel, and pyrantel)
Simparica Trio
(sarolaner, moxidectin and pyrantel)
NexGard Plus
(afoxolaner, moxidectin, and pyrantel)
0
8 hrs
12 hrs
12 hrs
21
8 hrs
24 hrs
24 hrs
28
8 hrs
12 hrs
24 hrs
^Tick counts were evaluated at all 4-, 8-, 12-, 24-, and 48-hour time points as part of the study design
¥P<0.05.
Credelio Quattro also has a U.S. Food and Drug Administration approved claim for prevention of Lyme disease in dogs as a direct result of killing black-legged ticks.
Does Credelio Quattro Kill the Lone Star Tick?
Credelio Quattro is approved to protect dogs from the lone star tick (Amblyomma americanum), and its active ingredient, lotilaner, also has the fastest3 initial speed of tick kill against the lone star tick – in just 12 hours – and sustains that advantage throughout the dosing interval.ii This aggressive and expanding tick species – established across the South, Midwest and Northeast, and continuing to spread – is one of the hardest to kill and is best known for its association with alpha-gal syndrome, or the red meat allergy in humans. It can also transmit dangerous disease-causing pathogens to dogs.iii A 2024 head-to-head study published in Parasites & Vectors compared lotilaner, the active ingredient in Credelio (lotilaner) and Credelio Quattro with sarolaner in Simparica Trio and afoxolaner in NexGard®, and found that lotilaner kills the lone star tick faster4 than sarolaner in Simparica Trio and afoxolaner in NexGard, protecting dogs against this pathogen-carrying tick.
Speed of kill against Amblyomma americanum (lone star tick)^ ii
Time point at which active achieved consistent superior efficacy vs. untreated control group¥
Day of Study
Credelio
(lotilaner)
Sarolaner
(sarolaner, moxidectin and pyrantel)
NexGard
(afoxolaner)
0
12 hrs
24 hrs
24 hrs
21
12 hrs
48 hrs
48 hrs
28
8 hrs
48 hrs
72 hrs
^Tick counts were evaluated at all 4-, 8-, 12-, 24-, 48-, and 72-hour time points as part of the study design
¥P<0.05.
"With a heavier tick season and emergency room visits from tick bites on the riseiv, pet owners should remain vigilant and keep their pets on year-round parasite coverage," Dr. Locklear notes. "We continue to look for opportunities to make parasite protection stronger and evolve research around best-in-class medicines."
Frequently Asked Questions About Ticks and Credelio Quattro:
How fast does Credelio Quattro kill ticks?
Studies show that lotilaner, the active ingredient in Credelio Quattro kills ticks5 faster6 than the competition.i,ii A 2026 study published in Parasites & Vectors shows that Credelio Quattro achieved significant reduction2 of black-legged ticks within 8 hours of infestation.i A 2024 study shows that lotilaner, the active ingredient in Credelio and Credelio Quattro also has the fastest3 initial speed of tick kill against the lone star tick – in just 12 hours – and sustains that advantage throughout the dosing interval.ii
Why is it important to kill ticks quickly?
The risk of disease transmission increases the longer a tick remains attached, making rapid speed of kill a critical factor in preventing the transmission of disease. A 2026 study shows that Credelio Quattro was the only product tested that significantly reduced2 black-legged ticks within 8 hours.i
Does Credelio Quattro lose effectiveness to kill ticks1 quickly at the end of the month?
No. The data shows that Credelio Quattro maintains its 8-hour speed of kill2 on Day 28, whereas competitors showed a decline in performance.i
Are black-legged ticks linked to the red meat allergy in humans?
In the United States, alpha-gal syndrome, or red meat allergy, is usually associated with bites from the lone star tick (Amblyomma americanum); however, two Emerging Infectious Diseases studies link bites from black-legged ticks (deer ticks) and western black-legged ticks to potentially life-threatening alpha-gal syndrome.v Additional work will be needed to determine a possible link, according to the researchers, but this continues to put emphasis on the need for tick bite protection for humans.
To learn more about Credelio Quattro visit CredelioQuattroVet.com.
PM-US-26-1188
Ixodes scapularis (black-legged tick) Based on the time to statistical significance vs. control in a head-to-head study on Day 0 post-treatment and Day 28 for reinfestations comparing Credelio Quattro, which contains lotilaner as well as moxidectin, praziquantel, and pyrantel—to the active ingredients in Simparica Trio (sarolaner, moxidectin, and pyrantel) and NexGard Plus (afoxolaner, moxidectin, and pyrantel) against Ixodes scapularis. Based on the time to statistical significance vs. control in a head-to-head study comparing Credelio (lotilaner)—not Credelio Quattro, which contains lotilaner as well as moxidectin, praziquantel, and pyrantel—to the active ingredients in Simparica Trio (sarolaner, moxidectin, and pyrantel) and NexGard (afoxolaner). Based on the time to statistical significance vs control in two separate head-to-head studies. The first study compared Credelio (lotilaner)—not Credelio Quattro, which contains lotilaner as well as moxidectin, praziquantel, and pyrantel—to the active ingredients in Simparica Trio (sarolaner, moxidectin, and pyrantel) and NexGard (afoxolaner) against Amblyomma americanum. The second study compared Credelio Quattro, which contains lotilaner as well as moxidectin, praziquantel, and pyrantel—to the active ingredients in Simparica Trio (sarolaner, moxidectin, and pyrantel) and NexGard Plus (afoxolaner, moxidectin, and pyrantel) against I. scapularis. Ixodes scapularis (black-legged tick) and Amblyomma americanum (lone star tick) NexGard and NexGard Plus are registered trademarks of Boehringer Ingelheim Animal Health USA Inc. Simparica Trio is a registered trademark of Zoetis Services LLC.
ABOUT ELANCO
Elanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders and society as a whole. With 70 years of animal health heritage, we are committed to breaking boundaries and going beyond to help our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose – all to Go Beyond for Animals, Customers, Society and Our People. Learn more at www.elanco.com.
Indications for Credelio Quattro/Credelio Quattro-CA1
Credelio Quattro is indicated for the prevention of heartworm disease and the treatment and control of roundworm, hookworm, and tapeworm infections. Credelio Quattro kills adult fleas and is indicated for the treatment and prevention of flea infestations and the treatment and control of tick infestations for 1 month in dogs and puppies 8 weeks of age and older and weighing 3.3 pounds or greater. Credelio Quattro is indicated for the prevention of Lyme disease infections as a direct result of killing black-legged ticks.
Credelio Quattro-CA1 is conditionally approved for the treatment of infestations caused by New World screwworm (NWS) larvae in dogs and puppies 8 weeks of age and older and weighing 3.3 pounds or greater.
Important Safety Information for Credelio Quattro/Credelio Quattro-CA1
Lotilaner, an ingredient in Credelio Quattro/Credelio Quattro-CA1, belongs to the isoxazoline class and has been associated with neurologic adverse reactions like tremors, incoordination, and seizures even in dogs without a history of seizures. Use with caution in dogs with a history of seizures or neurologic disorders. Dogs should be tested for existing heartworm infections before Credelio Quattro/Credelio Quattro-CA1 administration as it is not effective against adult heartworms. The safe use in breeding, pregnant, or lactating dogs has not been evaluated. The most frequently reported adverse reactions in clinical trials were vomiting and diarrhea.
Credelio Quattro-CA1 is conditionally approved by the FDA pending a full demonstration of effectiveness under application number 141-619. If you suspect that your dog is infested with NWS larvae, seek veterinary care immediately for treatment to include removal of larvae and appropriate wound care.
For complete safety information, please see the Credelio Quattro/Credelio Quattro-CA1 product label or ask your veterinarian.
Indications for Credelio
Credelio kills adult fleas and is indicated for the treatment and prevention of flea infestations and treatment and control of tick infestations (lone star tick, American dog tick, black-legged tick, brown dog tick, and longhorned tick) for one month in dogs and puppies 8 weeks and older and 4.4 pounds or greater. Credelio is indicated for the prevention of Lyme disease infections as a direct result of killing black-legged ticks.
Important Safety Information for Credelio
Lotilaner is a member of the isoxazoline class of drugs. This class has been associated with neurologic adverse reactions including tremors, incoordination, and seizures. Seizures have been reported in dogs receiving this class of drugs, even in dogs without a history of seizures. Use with caution in dogs with a history of seizures or neurologic disorders. The safe use of Credelio in breeding, pregnant or lactating dogs has not been evaluated. The most frequently reported adverse reactions are weight loss, elevated blood urea nitrogen, increased urination, and diarrhea. For complete safety information, please see Credelio product label or ask your veterinarian.
i Reif, K.E., Kollasch, T.M., Locklear, C.L. et al. Comparative speed of kill of induced Ixodes scapularis infestations following treatment of dogs with endectocides containing either sarolaner (Simparica Trio™), afoxolaner (NexGard® PLUS), or lotilaner (Credelio Quattro™). Parasites Vectors (2026). https://doi.org/10.1186/s13071-026-07559-y
ii Reif KE, Kollasch TM, Neilson JC, Herrin BH, Ryan WG, Bell MC, Beltz MS, Dryden MW, Jesudoss Chelladurai JRJ, Miller KR, Sutherland CJ. Comparative speed of kill provided by lotilaner (Credelio™), sarolaner (Simparica Trio™), and afoxolaner (NexGard™) to control Amblyomma americanum infestations on dogs. Parasite Vectors. 2024 Jul 20;17(1):313.
iii Centers for Disease Control and Prevention. (n.d.). Where Ticks Live. Centers for Disease Control and Prevention. Retrieved August 8, 2024, from https://www.cdc.gov/ticks/about/where-ticks-live.html
iv CDC Data Show Weekly ER Visits for Tick Bites Higher Than Usual." Centers for Disease Control and Prevention, 23 Apr. 2026,
v Van Beusekom, Mary. "Research Ties Bites from 2 More Types of Ticks to Red Meat Allergy." CIDRAP (Center for Infectious Disease Research and Policy), 4 Apr. 2025
Investor Contact: Tiffany Kanaga (765) 740-0314 [email protected]
Media Contact: Season Solorio (765) 316-0233 [email protected]
Bank of New York Mellon Corp boosted its position in Element Solutions Inc. (NYSE:ESI – Free Report) by 30.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,650,802 shares of the company’s stock after acquiring an additional 624,759 shares during the period. Bank of New York Mellon Corp owned about 1.09% of Element Solutions worth $90,498,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the business. Los Angeles Capital Management LLC purchased a new position in shares of Element Solutions during the 4th quarter worth $28,000. Johnson Financial Group Inc. acquired a new position in Element Solutions in the third quarter valued at $47,000. Measured Wealth Private Client Group LLC acquired a new position in Element Solutions in the third quarter valued at $49,000. Quarry LP increased its stake in Element Solutions by 27.3% in the third quarter. Quarry LP now owns 2,011 shares of the company’s stock valued at $51,000 after purchasing an additional 431 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in Element Solutions by 38.6% during the third quarter. Parallel Advisors LLC now owns 2,110 shares of the company’s stock worth $53,000 after buying an additional 588 shares during the period. 92.32% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of analysts have issued reports on the company. Truist Financial raised their price target on Element Solutions from $47.00 to $48.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Wall Street Zen upgraded shares of Element Solutions from a “hold” rating to a “buy” rating in a report on Monday, April 20th. UBS Group raised their target price on shares of Element Solutions to $52.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Freedom Capital upgraded shares of Element Solutions to a “strong-buy” rating in a report on Friday, March 27th. Finally, Mizuho reaffirmed a “neutral” rating and set a $45.00 price target (down from $54.00) on shares of Element Solutions in a research report on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $43.00.
Get Our Latest Research Report on Element Solutions
Element Solutions Price Performance Shares of Element Solutions stock opened at $38.18 on Wednesday. The business’s fifty day moving average price is $42.35 and its 200 day moving average price is $36.70. Element Solutions Inc. has a twelve month low of $22.63 and a twelve month high of $49.25. The company has a current ratio of 2.68, a quick ratio of 1.91 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $9.30 billion, a P/E ratio of 61.58, a PEG ratio of 1.27 and a beta of 1.23.
Element Solutions (NYSE:ESI – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. The company had revenue of $840.00 million for the quarter, compared to the consensus estimate of $710.51 million. Element Solutions had a return on equity of 14.19% and a net margin of 5.32%.The company’s quarterly revenue was up 41.5% compared to the same quarter last year. During the same period last year, the business posted $0.34 EPS. As a group, research analysts anticipate that Element Solutions Inc. will post 1.79 earnings per share for the current year.
Element Solutions Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, June 1st. Element Solutions’s dividend payout ratio is 51.61%.
Element Solutions Company Profile (Free Report)
Element Solutions Inc is a global specialty chemicals company that develops and supplies highly engineered chemistries to performance-driven end markets. The company’s solutions serve customers across the electronics, energy, transportation, consumer and industrial sectors, with a particular emphasis on electronics chemicals, metal plating, and industrial coatings additives.
In the electronics market, Element Solutions provides a range of plating and surface-treatment chemistries used in the manufacture of printed circuit boards, semiconductor devices, and advanced display technologies.
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California Public Employees Retirement System lifted its stake in shares of RBC Bearings Incorporated (NYSE:RBC – Free Report) by 1.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,856 shares of the industrial products company’s stock after acquiring an additional 944 shares during the period. California Public Employees Retirement System owned approximately 0.16% of RBC Bearings worth $28,164,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Comerica Bank boosted its position in shares of RBC Bearings by 19.5% during the fourth quarter. Comerica Bank now owns 90,283 shares of the industrial products company’s stock worth $40,486,000 after buying an additional 14,747 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of RBC Bearings by 263.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,737 shares of the industrial products company’s stock worth $1,788,000 after buying an additional 2,709 shares in the last quarter. Fifth Third Bancorp raised its position in RBC Bearings by 12,957.3% in the 1st quarter. Fifth Third Bancorp now owns 74,949 shares of the industrial products company’s stock valued at $40,707,000 after buying an additional 74,375 shares during the last quarter. M&T Bank Corp raised its position in RBC Bearings by 372.6% in the 4th quarter. M&T Bank Corp now owns 23,640 shares of the industrial products company’s stock valued at $10,601,000 after buying an additional 18,638 shares during the last quarter. Finally, Bessemer Group Inc. lifted its stake in RBC Bearings by 9.6% in the 4th quarter. Bessemer Group Inc. now owns 83,865 shares of the industrial products company’s stock valued at $37,607,000 after acquiring an additional 7,315 shares in the last quarter.
Insider Buying and Selling In other news, VP John J. Feeney sold 225 shares of RBC Bearings stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $657.94, for a total value of $148,036.50. Following the completion of the transaction, the vice president owned 2,378 shares of the company’s stock, valued at $1,564,581.32. This trade represents a 8.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Dolores J. Ennico sold 600 shares of RBC Bearings stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $636.11, for a total transaction of $381,666.00. Following the completion of the transaction, the director directly owned 7,254 shares of the company’s stock, valued at approximately $4,614,341.94. This trade represents a 7.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,425 shares of company stock worth $885,400. Insiders own 1.90% of the company’s stock.
Analyst Upgrades and Downgrades A number of research firms have weighed in on RBC. Truist Financial reaffirmed a “buy” rating and set a $615.00 price target (up from $599.00) on shares of RBC Bearings in a research report on Tuesday, May 19th. Morgan Stanley boosted their price objective on shares of RBC Bearings from $600.00 to $640.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 19th. Wall Street Zen cut shares of RBC Bearings from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Zacks Research cut shares of RBC Bearings from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 3rd. Finally, Weiss Ratings raised shares of RBC Bearings from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $584.00.
Get Our Latest Stock Analysis on RBC Bearings
RBC Bearings Stock Up 2.7% RBC stock opened at $584.13 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 2.18 and a debt-to-equity ratio of 0.21. The business has a 50 day moving average price of $597.69 and a two-hundred day moving average price of $565.13. The company has a market cap of $18.48 billion, a price-to-earnings ratio of 64.26, a P/E/G ratio of 3.26 and a beta of 1.40. RBC Bearings Incorporated has a twelve month low of $364.50 and a twelve month high of $667.69.
RBC Bearings (NYSE:RBC – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The industrial products company reported $3.62 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.31. The firm had revenue of $518.00 million for the quarter, compared to analyst estimates of $505.90 million. RBC Bearings had a return on equity of 11.35% and a net margin of 15.37%.The business’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.83 EPS. Analysts anticipate that RBC Bearings Incorporated will post 13.59 EPS for the current fiscal year.
RBC Bearings Profile (Free Report)
RBC Bearings Incorporated is a global designer, manufacturer and marketer of highly engineered precision bearings and components for extreme applications. The company’s product portfolio includes cylindrical roller bearings, spherical plain bearings, ball bearings, track rollers, and engineered components such as metal-to-metal and polymer bearings. These products are tailored to meet the demanding requirements of aerospace, defense and industrial customers where reliability under severe conditions is critical.
The company’s bearings and components find application in aircraft engines, auxiliary power units, landing gear systems, space and missile programs, industrial gas turbines, oil and gas drilling equipment, and heavy machinery.
Featured Articles Five stocks we like better than RBC Bearings Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding RBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RBC Bearings Incorporated (NYSE:RBC – Free Report).
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Andra AP fonden boosted its holdings in shares of Edwards Lifesciences Corporation (NYSE:EW – Free Report) by 283.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 114,969 shares of the medical research company’s stock after acquiring an additional 84,969 shares during the quarter. Andra AP fonden’s holdings in Edwards Lifesciences were worth $9,207,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MV Capital Management Inc. purchased a new stake in Edwards Lifesciences during the fourth quarter worth about $26,000. Hanson & Doremus Investment Management acquired a new position in shares of Edwards Lifesciences in the first quarter valued at approximately $25,000. Kemnay Advisory Services Inc. purchased a new stake in Edwards Lifesciences during the 4th quarter worth approximately $27,000. JPL Wealth Management LLC acquired a new stake in Edwards Lifesciences during the 3rd quarter worth approximately $25,000. Finally, Hilton Head Capital Partners LLC purchased a new position in Edwards Lifesciences in the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 79.46% of the company’s stock.
Edwards Lifesciences Trading Down 0.7% NYSE EW opened at $84.41 on Wednesday. The firm’s fifty day moving average price is $87.60 and its 200 day moving average price is $83.91. Edwards Lifesciences Corporation has a 12 month low of $72.30 and a 12 month high of $96.29. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.42 and a quick ratio of 3.63. The company has a market capitalization of $48.61 billion, a price-to-earnings ratio of 44.90, a price-to-earnings-growth ratio of 2.13 and a beta of 0.86.
Edwards Lifesciences (NYSE:EW – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The medical research company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.05. Edwards Lifesciences had a net margin of 17.39% and a return on equity of 15.19%. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.60 billion. During the same period last year, the firm posted $0.64 EPS. Edwards Lifesciences’s revenue for the quarter was up 16.7% on a year-over-year basis. Edwards Lifesciences has set its FY 2026 guidance at 2.950-3.050 EPS and its Q2 2026 guidance at 0.700-0.760 EPS. On average, sell-side analysts expect that Edwards Lifesciences Corporation will post 3 earnings per share for the current fiscal year.
Analysts Set New Price Targets EW has been the topic of several analyst reports. TD Cowen reiterated a “buy” rating on shares of Edwards Lifesciences in a research note on Tuesday. Royal Bank Of Canada upped their target price on shares of Edwards Lifesciences from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. BTIG Research raised their target price on shares of Edwards Lifesciences from $100.00 to $110.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Wall Street Zen downgraded shares of Edwards Lifesciences from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Canaccord Genuity Group set a $85.00 price target on shares of Edwards Lifesciences and gave the stock a “hold” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Edwards Lifesciences presently has a consensus rating of “Moderate Buy” and an average target price of $98.95.
Get Our Latest Stock Analysis on EW
Insider Buying and Selling at Edwards Lifesciences In related news, VP Donald E. Bobo, Jr. sold 23,145 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $86.42, for a total value of $2,000,190.90. Following the sale, the vice president directly owned 98,611 shares of the company’s stock, valued at approximately $8,521,962.62. This represents a 19.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Daniel J. Lippis sold 619 shares of the firm’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $91.70, for a total value of $56,762.30. Following the transaction, the vice president directly owned 40,034 shares of the company’s stock, valued at $3,671,117.80. The trade was a 1.52% 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. In the last 90 days, insiders have sold 45,577 shares of company stock valued at $3,855,527. 0.31% of the stock is owned by corporate insiders.
Edwards Lifesciences Company Profile (Free Report)
Edwards Lifesciences is a medical technology company focused on products and therapies for structural heart disease and critical care monitoring. The company designs, develops and manufactures prosthetic heart valves and related delivery systems used in both surgical and minimally invasive (transcatheter) procedures. Its portfolio addresses a range of valvular conditions, with an emphasis on technologies that enable transcatheter aortic valve replacement (TAVR) as an alternative to open-heart surgery.
In addition to transcatheter heart valves—including the widely recognized SAPIEN family—Edwards offers surgical tissue valves and ancillary devices used by cardiac surgeons, interventional cardiologists and hospital teams.
Further Reading Five stocks we like better than Edwards Lifesciences Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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July 22, 2026 07:30 ET | Source: BridgeBio Pharma, Inc.
- PDUFA target action date of May 8, 2027
- If approved, encaleret will be the first and only approved therapy specifically indicated for individuals living with ADH1, representing a potential blockbuster opportunity for BridgeBio
- Encaleret demonstrated consistent efficacy across all pre-specified primary and key secondary efficacy endpoints normalizing key markers of CaSR-driven disease biology without the need for calcium and vitamin D supplements, with a favorable safety and tolerability profile
- BridgeBio is also currently enrolling CALIBRATE-PEDS, a registrational Phase 2/3 trial to study encaleret in pediatric ADH1 and intends to initiate the RECLAIM-HP Phase 3 registrational study of encaleret in chronic hypoparathyroidism later this summer; successful development could extend encaleret’s utility to a broader patient population
PALO ALTO, Calif., July 22, 2026 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (“BridgeBio” or the “Company”), a commercial-stage, multi-product biopharmaceutical company focused on developing medicines for genetic conditions, today announced the FDA has accepted for filing its New Drug Application (NDA) for encaleret for the treatment of individuals living with autosomal dominant hypocalcemia type 1 (ADH1). The FDA has assigned a Prescription Drug User Fee Act (PDUFA) target action date of May 8, 2027, and BridgeBio is prepared to launch encaleret upon approval, representing a potential blockbuster opportunity for the Company. The FDA also notified the Company that it is not currently planning to hold an advisory committee meeting to discuss the application.
"The FDA's acceptance of our NDA is a powerful validation of encaleret’s differentiated clinical profile and enables a major step forward for the ADH1 community. We believe encaleret has the potential to transform care for patients who currently have no indicated treatment options, and we're moving with urgency to bring it to them,” said Ananth Sridhar, Chief Executive Officer of BridgeBio Endocrinology.
CALIBRATE, the Phase 3 clinical trial of encaleret in ADH1, successfully achieved all pre-specified primary and key secondary efficacy endpoints, supporting encaleret’s potential as a disease-modifying therapy by targeting the underlying genetic cause of ADH1. The topline results can be found here. Additional results were presented at the European Congress of Endocrinology (ECE) 2026 and the Endocrine Society 2026 annual meeting (ENDO) in oral presentations, with data showing simultaneous restoration of blood and urine calcium, as well as restoration of physiologic parathyroid hormone (PTH) production.
"For too long, ADH1 has been an invisible condition, that disrupts several systems in the body, from the kidneys to the nervous system to the muscles and often goes unrecognized for years. The path to diagnosis is frequently a long and exhausting one, especially for patients with a genetic disorder. Patients often cycle through specialists before anyone connects the dots to their diagnosis. The FDA's acceptance of this NDA is a moment of real hope for ADH1 patients and a signal that the medical and regulatory community understand the seriousness of this condition and that an orally administered option may finally be on the horizon for those in need," said Patty Keating, Executive Director of the HypoPARAthyroidism Association.
As of April 2026, over 2,100 individuals have been diagnosed in the U.S. with autosomal dominant hypocalcemia since October 2023 based on claims data, suggestive of a growing marketplace and elevated diagnostic suspicion. The Company also intends to submit a Marketing Authorization Application (MAA) to the European Medicines Agency (EMA) for the use of encaleret in ADH1 in the second half of 2026.
BridgeBio is currently enrolling CALIBRATE-PEDS (NCT07080385), a global registrational Phase 2/3 study of encaleret in pediatric ADH1. The Company also plans to initiate RECLAIM-HP, a global Phase 3 study of encaleret in chronic hypoparathyroidism later this summer, building on the positive Phase 2 proof-of-concept findings of PTH-independent effects of encaleret on renal calcium handling and expanding the potential applications of encaleret beyond ADH1. Successful development could extend encaleret’s utility to a broader patient population.
About Autosomal Dominant Hypocalcemia Type 1 (ADH1)
ADH1 is a common form of genetic hypoparathyroidism caused by gain-of-function variants in the calcium-sensing receptor gene (CASR). The calcium-sensing receptor (CaSR) constantly monitors and balances blood calcium levels by regulating parathyroid hormone secretion and calcium reabsorption in the kidneys. Individuals with ADH1 typically experience hypocalcemia, hypercalciuria, and inappropriately low levels of PTH. Symptoms of hypocalcemia may include severe muscle cramps, muscle spasms (tetany), a burning or prickling sensation in the hands or feet (paresthesia), brain fog, fatigue, and seizures. Hypercalciuria may result in kidney calcification (nephrocalcinosis), kidney stones (nephrolithiasis), and kidney failure.
About Encaleret
Encaleret is an investigational, orally administered small molecule under investigation to treat ADH1 and chronic hypoparathyroidism, that is designed to selectively negatively modulate the calcium sensing receptor. Encaleret has been granted Fast Track Designation by the U.S. FDA and Orphan Drug Designation in the U.S., European Union, and Japan.
About BridgeBio
BridgeBio exists to develop transformative medicines for genetic conditions. Millions of people worldwide living with genetic conditions lack treatment options, often because drug development for small patient populations can be commercially challenging. We aim to bridge the gap between advancements in genetic science and meaningful medicines for underserved patient populations. Our decentralized, hub-and-spoke model is designed for speed, precision, and scalability. Autonomous and empowered teams focus on individual conditions, while a central hub provides the clinical, regulatory, and commercial capabilities needed to bring innovation to market. For more information, visit bridgebio.com and follow us on LinkedIn, X, Facebook, Instagram, YouTube, and TikTok.
BridgeBio Forward-Looking Statements
This press release contains forward-looking statements. Statements in this press release may include statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), which are usually identified by the use of words such as “anticipates,” “believes,” “continues,” “estimates,” “expects,” “hopes,” “intends,” “may,” “plans,” “projects,” “remains,” “seeks,” “should,” “will,” and variations of such words or similar expressions. BridgeBio intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. These forward-looking statements include express and implied statements relating to the Company’s expectations regarding the regulatory review process for encaleret in ADH1, including the FDA’s review of the NDA and the potential for approval; the Company’s preparedness to launch encaleret upon approval; the potential for encaleret to become the first and only approved therapy specifically indicated for individuals living with ADH1 and to transform care for patients with ADH1; the potential for encaleret to be a disease-modifying therapy by targeting the underlying genetic cause of ADH1; the potential commercial opportunity for encaleret in ADH1, including as a potential blockbuster opportunity for the Company; the timing of a potential Marketing Authorization Application submission to the European Medicines Agency for encaleret in ADH1; the Company’s plans to initiate RECLAIM-HP, a global Phase 3 study of encaleret in chronic hypoparathyroidism, and the potential expansion of encaleret beyond ADH1, including the potential for encaleret to become a multi-billion-dollar opportunity for the Company. Such statements reflect the Company’s current views about the Company’s plans, intentions, expectations and strategies, which are based on the information currently available to it and on assumptions the Company has made. Although the Company believes that its plans, intentions, expectations and strategies as reflected in or suggested by those forward-looking statements are reasonable, the Company can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a number of risks, uncertainties and assumptions, including, but not limited to, initial and ongoing data from the Company’s clinical trials not being indicative of final data, the design and success of ongoing and planned clinical trials, future regulatory filings, approvals and/or sales, despite having ongoing and future interactions with the FDA or other regulatory agencies to discuss potential paths to registration for the Company’s product candidates, the FDA or such other regulatory agencies not agreeing with the Company’s regulatory approval strategies, components of the Company’s filings, such as clinical trial designs, conduct and methodologies, or the sufficiency of data submitted, regulatory submissions not being accepted or approved on anticipated timelines or at all, encaleret not becoming the first and only approved therapy specifically indicated for individuals living with ADH1, the Company not being successful in launching encaleret on anticipated timing or at all, the potential commercial opportunity for encaleret not being realized, the Company’s plans for RECLAIM-HP not proceeding as expected, the impacts of current macroeconomic and geopolitical events, including changing conditions from hostilities in Ukraine and in Israel and the Middle East, increasing rates of inflation and changing interest rates, on business operations and expectations, as well as those risks set forth in the Risk Factors section of the Company’s most recent Annual Report on Form 10-K and the Company’s other filings with the U.S. Securities and Exchange Commission. Moreover, the Company operates in a very competitive and rapidly changing environment in which new risks emerge from time to time. These forward-looking statements are based upon the current expectations and beliefs of the Company’s management as of the date of this press release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as required by applicable law, BridgeBio assumes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
BridgeBio Media Contact:
Bubba Murarka, Executive Vice President [email protected]
(650)-789-8220
New York, New York--(Newsfile Corp. - July 22, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE: BMI) on behalf of investors that purchased or otherwise acquired Badger Meter securities between April 18, 2024 and April 16, 2026 (the "Class Period").
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If you are an investor in Badger Meter and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 3, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
On April 17, 2026, Badger Meter reported first quarter 2026 results, including a deceleration of sales. Specifically, total sales of $202.3 million for the quarter were "9% lower than the prior year's $222.2 million." Additionally, the Company stated with respect to its first quarter operating results that "Utility water sales declined 10% year-over-year, reflecting project timing and other softer short-cycle municipal ordering . . . ."
Following this news, the price of Badger Meter shares declined by $36.75 per share, or more than 24%, to close at $115.54 per share on April 17, 2026.
The complaint alleges that throughout the Class Period, Defendants misrepresented the drivers of Badger Meter's "record" financial results, demand for the Company's products, and its prospects for continued growth. During the Class Period, Defendants allegedly told investors that Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They also allegedly touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth.
According to the complaint, in truth, "Badger Meter's financial results during the Class Period were at least partially attributable to the Company's practice of pulling-forward customer orders to recognize revenue early, which concealed weakening demand and deteriorating near-term order trends. This practice also depleted revenue otherwise available for future periods, ultimately causing the disappointing financial results the Company later reported."
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MILWAUKEE--(BUSINESS WIRE)--Badger Meter, Inc. (NYSE: BMI) today reported results for the second quarter ended June 30, 2026. Second Quarter 2026 Highlights Total sales of $222.3 million increased 10% sequentially from the first quarter and were 7% lower than the prior year's $238.1 million. Base1 sales were $220.3 million. Operating earnings declined 12% year-over-year to $39.4 million, with operating profit margins of 17.7% versus 18.8% in the prior year comparable quarter. Base operating ear.
Baader Bank Aktiengesellschaft boosted its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 161.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,205 shares of the company’s stock after acquiring an additional 1,979 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Howmet Aerospace were worth $694,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in Howmet Aerospace during the fourth quarter valued at approximately $1,793,698,000. Price T Rowe Associates Inc. MD boosted its holdings in Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after acquiring an additional 3,531,700 shares during the period. Auto Owners Insurance Co grew its position in Howmet Aerospace by 20,402.0% during the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock worth $29,562,000 after acquiring an additional 1,434,873 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Howmet Aerospace by 27.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,754,204 shares of the company’s stock valued at $564,667,000 after purchasing an additional 599,151 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Howmet Aerospace by 56.3% during the fourth quarter. Franklin Resources Inc. now owns 1,433,811 shares of the company’s stock valued at $293,960,000 after purchasing an additional 516,570 shares during the period. Institutional investors own 90.46% of the company’s stock.
Howmet Aerospace Price Performance NYSE HWM opened at $278.98 on Wednesday. The stock has a market capitalization of $111.62 billion, a price-to-earnings ratio of 64.73, a PEG ratio of 2.14 and a beta of 1.19. Howmet Aerospace Inc. has a 1-year low of $169.45 and a 1-year high of $290.63. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.44 and a quick ratio of 1.59. The business’s fifty day moving average price is $266.46 and its 200-day moving average price is $247.91.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.11. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Howmet Aerospace had a return on equity of 29.27% and a net margin of 20.23%.The business’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.86 EPS. Howmet Aerospace has set its FY 2026 guidance at 4.880-5.000 EPS and its Q2 2026 guidance at 1.220-1.240 EPS. On average, equities analysts predict that Howmet Aerospace Inc. will post 5.05 earnings per share for the current year.
Howmet Aerospace Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 8th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is currently 11.14%.
Analyst Ratings Changes A number of research analysts recently issued reports on the company. KeyCorp started coverage on Howmet Aerospace in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Sanford C. Bernstein restated an “outperform” rating and set a $318.00 price target on shares of Howmet Aerospace in a research report on Tuesday, June 16th. BNP Paribas Exane reiterated an “outperform” rating and issued a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Citigroup upped their target price on shares of Howmet Aerospace from $303.00 to $311.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Eighteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $293.21.
Check Out Our Latest Research Report on HWM
Insider Activity In other news, EVP Neil Edward Marchuk sold 41,932 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the sale, the executive vice president directly owned 65,105 shares of the company’s stock, valued at approximately $17,545,797.50. The trade was a 39.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.85% of the stock is owned by company insiders.
About Howmet Aerospace (Free Report)
Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.
Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.
Featured Articles Five stocks we like better than Howmet Aerospace Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Baader Bank Aktiengesellschaft bought a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 7,082 shares of the textile maker’s stock, valued at approximately $708,000.
Several other hedge funds also recently modified their holdings of DECK. Geneos Wealth Management Inc. lifted its stake in Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares during the period. Elyxium Wealth LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at about $30,000. Rakuten Securities Inc. raised its position in shares of Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the period. Activest Wealth Management raised its position in shares of Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after acquiring an additional 245 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new position in Deckers Outdoor during the 4th quarter worth approximately $35,000. Institutional investors own 97.79% of the company’s stock.
Deckers Outdoor Stock Down 0.6% DECK opened at $103.42 on Wednesday. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50. The stock has a market cap of $14.36 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 2.05 and a beta of 1.17. The business has a 50 day moving average of $105.88 and a 200-day moving average of $106.19.
Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The firm’s revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, analysts expect that Deckers Outdoor Corporation will post 7.46 earnings per share for the current year.
Analyst Upgrades and Downgrades Several equities research analysts have issued reports on the company. Truist Financial set a $125.00 price target on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, May 22nd. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Argus set a $128.00 price target on shares of Deckers Outdoor in a report on Friday, May 29th. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $115.00 to $90.00 in a report on Friday, May 8th. Finally, Stifel Nicolaus set a $144.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $121.11.
Read Our Latest Stock Analysis on DECK
Deckers Outdoor Profile (Free Report)
Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.
Founded in 1973 by Doug Otto and Karl F.
Featured Articles Five stocks we like better than Deckers Outdoor Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Corporation (NYSE:DECK – Free Report).
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Dimensional Fund Advisors LP raised its stake in shares of Range Resources Corporation (NYSE:RRC – Free Report) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,192,740 shares of the oil and gas exploration company’s stock after buying an additional 227,711 shares during the quarter. Dimensional Fund Advisors LP owned about 3.90% of Range Resources worth $415,354,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in RRC. Seelaus Asset Management LLC increased its holdings in shares of Range Resources by 2.6% during the first quarter. Seelaus Asset Management LLC now owns 9,745 shares of the oil and gas exploration company’s stock valued at $440,000 after acquiring an additional 250 shares in the last quarter. Root Financial Partners LLC boosted its stake in Range Resources by 37.8% in the 1st quarter. Root Financial Partners LLC now owns 1,006 shares of the oil and gas exploration company’s stock worth $45,000 after purchasing an additional 276 shares in the last quarter. UMB Bank n.a. boosted its stake in Range Resources by 13.0% in the 4th quarter. UMB Bank n.a. now owns 2,431 shares of the oil and gas exploration company’s stock worth $86,000 after purchasing an additional 279 shares in the last quarter. Confluence Wealth Services Inc. boosted its stake in Range Resources by 3.2% in the 4th quarter. Confluence Wealth Services Inc. now owns 10,199 shares of the oil and gas exploration company’s stock worth $360,000 after purchasing an additional 312 shares in the last quarter. Finally, Harbor Investment Advisory LLC grew its position in Range Resources by 0.9% during the 1st quarter. Harbor Investment Advisory LLC now owns 38,618 shares of the oil and gas exploration company’s stock valued at $1,745,000 after purchasing an additional 330 shares during the last quarter. 98.93% of the stock is owned by institutional investors.
Analyst Ratings Changes A number of research firms have weighed in on RRC. Freedom Capital upgraded shares of Range Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Zacks Research downgraded shares of Range Resources from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Truist Financial decreased their price objective on shares of Range Resources from $46.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 10th. Bank of America upped their price objective on Range Resources from $38.00 to $44.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Finally, UBS Group cut their target price on Range Resources from $49.00 to $44.00 and set a “neutral” rating on the stock in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $43.12.
Check Out Our Latest Research Report on Range Resources
Range Resources Price Performance RRC opened at $37.70 on Wednesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.55 and a current ratio of 0.55. The stock has a market capitalization of $8.88 billion, a P/E ratio of 9.97 and a beta of 0.41. The company’s 50-day simple moving average is $38.40 and its two-hundred day simple moving average is $39.38. Range Resources Corporation has a 52-week low of $32.60 and a 52-week high of $48.31.
Range Resources (NYSE:RRC – Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.27. Range Resources had a net margin of 26.09% and a return on equity of 18.64%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $898.20 million. During the same quarter last year, the firm posted $0.96 EPS. The business’s quarterly revenue was up 49.8% compared to the same quarter last year. As a group, analysts predict that Range Resources Corporation will post 3.46 EPS for the current year.
Range Resources Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a dividend of $0.10 per share. The ex-dividend date was Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.1%. Range Resources’s dividend payout ratio is 10.58%.
Range Resources Profile (Free Report)
Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.
The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.
See Also Five stocks we like better than Range Resources Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System increased its position in shares of BorgWarner Inc. (NYSE:BWA – Free Report) by 12.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 532,927 shares of the auto parts company’s stock after acquiring an additional 58,960 shares during the period. California Public Employees Retirement System owned about 0.26% of BorgWarner worth $28,917,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in BorgWarner by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock worth $538,996,000 after purchasing an additional 178,853 shares during the period. AQR Capital Management LLC boosted its stake in shares of BorgWarner by 22.7% in the fourth quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after purchasing an additional 1,703,576 shares during the period. State Street Corp grew its holdings in shares of BorgWarner by 5.3% in the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after purchasing an additional 380,942 shares in the last quarter. LSV Asset Management increased its stake in BorgWarner by 6.7% during the 4th quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after buying an additional 402,887 shares during the period. Finally, Geode Capital Management LLC increased its stake in BorgWarner by 10.9% during the 4th quarter. Geode Capital Management LLC now owns 4,297,717 shares of the auto parts company’s stock worth $193,695,000 after buying an additional 423,933 shares during the period. 95.67% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets In other news, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the transaction, the vice president owned 57,828 shares in the company, valued at approximately $3,663,403.80. This represents a 5.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Tania Wingfield sold 5,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total value of $316,200.00. Following the sale, the executive vice president directly owned 35,365 shares in the company, valued at $2,236,482.60. This trade represents a 12.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is owned by insiders.
BorgWarner Trading Up 3.2% Shares of NYSE:BWA opened at $63.60 on Wednesday. BorgWarner Inc. has a 52 week low of $34.27 and a 52 week high of $78.82. The company’s 50 day moving average is $68.03 and its two-hundred day moving average is $58.69. The company has a market cap of $13.05 billion, a PE ratio of 37.63, a P/E/G ratio of 1.32 and a beta of 1.09. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69.
BorgWarner (NYSE:BWA – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.08. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts predict that BorgWarner Inc. will post 5.16 earnings per share for the current fiscal year.
BorgWarner Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s dividend payout ratio is currently 40.24%.
Analysts Set New Price Targets Several research firms have commented on BWA. Morgan Stanley boosted their price target on shares of BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Wolfe Research reiterated an “outperform” rating and issued a $95.00 price objective on shares of BorgWarner in a research note on Wednesday, June 3rd. TD Cowen lifted their target price on BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a report on Thursday, May 7th. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. Finally, Barclays upped their price target on BorgWarner from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $74.57.
View Our Latest Analysis on BWA
BorgWarner Profile (Free Report)
BorgWarner Inc is a global automotive supplier specializing in propulsion and drivetrain solutions for combustion, hybrid and electric vehicles. The company’s product portfolio includes turbochargers, thermal management systems, transmission components, e-Propulsion modules and advanced fuel-efficiency technologies. BorgWarner serves original equipment manufacturers (OEMs) across passenger cars, light trucks and commercial vehicles, supporting both legacy internal-combustion engines and emerging electrification trends.
Founded in 1928 through the merger of several driveline companies, BorgWarner has grown through strategic acquisitions and continuous investment in research and development.
Further Reading Five stocks we like better than BorgWarner Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Planet Fitness, Inc. (NYSE:PLNT) for potential securities fraud after its significant stock drop. If you invested in Planet Fitness, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit.
, /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Planet Fitness, Inc. ("Planet Fitness" or the "Company") (NYSE: PLNT) common stock between November 6, 2025, and May 6, 2026, inclusive (the "Class
Period").
PLEASE CLICK HERE TO JOIN THE CASE AND SUBMIT CONTACT INFORMATION
Investors who purchased Planet Fitness shares during the class period and suffered losses may be eligible to participate in the case, with the lead-plaintiff deadline set for September 14, 2026.
The filed complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that:
Planet Fitness could not continue to grow its membership rate to the level necessary without a significant overhaul to its marketing message or the introduction of new marketing campaigns, nor could it proceed with the planned rollout of the Black Card price increase that such guidance was significantly reliant upon; and as result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. On May 7, 2026, Planet Fitness released its first quarter 2026 financial results, slashing same-store growth from 4-5% to only 1%, and completely withdrawing its long-term three-year growth algorithm it had introduced just six months prior, citing, among other things, an over-pivoted marketing campaign that failed to resonate with its core customer base, alongside external competition. The Company further disclosed that it was pausing its planned national rollout of its Black Card price increase to prioritize revitalizing new membership growth.
On this news, Planet Fitness's stock price fell $19.95, or 31.2%, to close at $44.01 per share on May 7, 2026.
WHY WOLF HALDENSTEIN?
This illustrious firm, founded in 1888, is steadfast in their pursuit of justice for investors who have suffered financial harm due to these misrepresented statements. The law firm brings to the fore over 125 years of legal expertise in securities litigation and has a proven track record of protecting the rights of investors.
We encourage all investors who have been affected or have information that will assist in our investigation, to contact Wolf Haldenstein Adler Freeman & Herz LLP.
There is no cost or obligation to speak with an attorney.
Contact:
Phone: (800) 575-0735 or (212) 545-4774 Email: [email protected] Contact Person: Gregory Stone, Director of Case and Financial Analysis Firm Website: Wolf Haldenstein Adler Freeman & Herz LLP
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California Public Employees Retirement System lessened its stake in shares of SoFi Technologies, Inc. (NASDAQ:SOFI – Free Report) by 24.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,759,455 shares of the company’s stock after selling 565,659 shares during the quarter. California Public Employees Retirement System owned approximately 0.14% of SoFi Technologies worth $27,940,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of SOFI. Cornerstone Planning Group LLC boosted its holdings in shares of SoFi Technologies by 232.1% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,099 shares of the company’s stock valued at $34,000 after acquiring an additional 1,467 shares in the last quarter. Assetmark Inc. increased its holdings in SoFi Technologies by 134.1% in the 1st quarter. Assetmark Inc. now owns 4,785 shares of the company’s stock worth $76,000 after purchasing an additional 2,741 shares in the last quarter. Independent Financial Group LLC acquired a new position in SoFi Technologies in the 1st quarter worth about $1,376,000. Wealthfront Advisers LLC increased its holdings in SoFi Technologies by 10.6% in the 1st quarter. Wealthfront Advisers LLC now owns 184,228 shares of the company’s stock worth $2,926,000 after purchasing an additional 17,594 shares in the last quarter. Finally, D.A. Davidson & CO. raised its position in SoFi Technologies by 22.2% in the first quarter. D.A. Davidson & CO. now owns 267,848 shares of the company’s stock valued at $4,253,000 after purchasing an additional 48,682 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.
SoFi Technologies Trading Up 3.7% NASDAQ SOFI opened at $17.64 on Wednesday. The firm has a market capitalization of $22.63 billion, a PE ratio of 40.09 and a beta of 2.14. The business’s 50-day moving average price is $17.15 and its two-hundred day moving average price is $18.98. The company has a current ratio of 0.75, a quick ratio of 0.13 and a debt-to-equity ratio of 0.17. SoFi Technologies, Inc. has a 12 month low of $14.92 and a 12 month high of $32.73.
SoFi Technologies (NASDAQ:SOFI – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.12. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.05 billion. SoFi Technologies had a return on equity of 6.25% and a net margin of 14.65%.The firm’s revenue was up 42.6% compared to the same quarter last year. During the same period last year, the company earned $0.06 earnings per share. SoFi Technologies has set its FY 2026 guidance at 0.600- EPS. On average, analysts expect that SoFi Technologies, Inc. will post 0.59 EPS for the current year.
Insiders Place Their Bets In other news, CEO Anthony Noto purchased 15,545 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of $16.00 per share, for a total transaction of $248,720.00. Following the transaction, the chief executive officer owned 11,946,619 shares of the company’s stock, valued at approximately $191,145,904. This trade represents a 0.13% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CTO Jeremy Rishel sold 102,123 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $17.78, for a total transaction of $1,815,746.94. Following the completion of the sale, the chief technology officer directly owned 895,089 shares in the company, valued at approximately $15,914,682.42. This represents a 10.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 124,302 shares of company stock worth $2,182,523. 2.50% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth Several analysts have recently weighed in on SOFI shares. Wells Fargo & Company reduced their price target on SoFi Technologies from $19.00 to $18.00 and set an “equal weight” rating on the stock in a report on Thursday, April 9th. Keefe, Bruyette & Woods dropped their price objective on shares of SoFi Technologies from $20.00 to $17.00 and set an “underperform” rating for the company in a report on Thursday, April 9th. Mizuho set a $29.00 price objective on shares of SoFi Technologies in a report on Wednesday, May 6th. Citigroup cut their target price on shares of SoFi Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday, May 4th. Finally, Weiss Ratings lowered shares of SoFi Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, SoFi Technologies currently has an average rating of “Hold” and an average target price of $22.78.
View Our Latest Stock Report on SOFI
SoFi Technologies Profile (Free Report)
SoFi Technologies, Inc (NASDAQ: SOFI) is a diversified financial services company that provides consumer-focused lending, banking, investing and financial technology products. The company’s core offerings include student loan refinancing and private student loans, personal loans, mortgage lending, and credit card products. In addition to credit and lending, SoFi operates consumer-facing deposit and cash management accounts, an investing and trading platform, and an insurance marketplace through partner relationships, all designed to serve individuals seeking an integrated digital financial experience.
SoFi has grown beyond direct-to-consumer lending by building technology and infrastructure capabilities.
Featured Articles Five stocks we like better than SoFi Technologies Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding SOFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SoFi Technologies, Inc. (NASDAQ:SOFI – Free Report).
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California Public Employees Retirement System decreased its position in shares of Equifax, Inc. (NYSE:EFX – Free Report) by 26.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 160,205 shares of the credit services provider’s stock after selling 56,857 shares during the period. California Public Employees Retirement System owned 0.13% of Equifax worth $28,848,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of EFX. Cullen Frost Bankers Inc. bought a new stake in Equifax during the 4th quarter valued at approximately $25,000. Ameriflex Group Inc. increased its position in Equifax by 612.5% in the 4th quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after buying an additional 98 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Equifax during the fourth quarter worth approximately $26,000. Reflection Asset Management acquired a new position in shares of Equifax during the fourth quarter worth approximately $26,000. Finally, State of Wyoming bought a new stake in shares of Equifax in the second quarter valued at approximately $34,000. 96.20% of the stock is currently owned by institutional investors.
Key Stories Impacting Equifax Here are the key news stories impacting Equifax this week:
Positive Sentiment: Equifax posted Q2 2026 EPS of $2.25, topping estimates, while revenue of $1.70 billion rose 11% year over year and matched Wall Street expectations. The company also highlighted strength in USIS, mortgage, and verification businesses, and announced an agreement to acquire Círculo de Crédito, which could expand its credit data footprint. Article Title Positive Sentiment: Management said early AI and agentic-automation gains are helping drive efficiency, and it doubled its expected three-year AI-driven cost savings target to $150 million from $75 million, a potentially meaningful margin tailwind over time. Article Title Neutral Sentiment: Free cash flow remained strong at $326 million for the first six months, and the company returned $366 million to shareholders, supporting the longer-term investment case even as near-term sentiment stays cautious. Article Title Negative Sentiment: Investor reaction has been pressured by Equifax’s weaker-than-expected Q3 and full-year 2026 guidance, which came in below consensus and suggests headwinds from a tough mortgage market and broader macro conditions. Article Title Negative Sentiment: Margins were also hit by a legal settlement accrual tied to a previously disclosed coding issue, adding another overhang as analysts noted the company’s near-term outlook appears less exciting than the quarter’s operating results. Article Title Insider Activity In other Equifax news, CEO Mark W. Begor sold 37,791 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $172.40, for a total transaction of $6,515,168.40. Following the completion of the transaction, the chief executive officer owned 271,730 shares in the company, valued at $46,846,252. This trade represents a 12.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Chad M. Borton sold 2,455 shares of Equifax stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $173.89, for a total value of $426,899.95. Following the sale, the executive vice president directly owned 29,518 shares in the company, valued at $5,132,885.02. The trade was a 7.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.70% of the company’s stock.
Analysts Set New Price Targets EFX has been the topic of several research analyst reports. Jefferies Financial Group lowered their price objective on shares of Equifax from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. The Goldman Sachs Group reissued a “neutral” rating and issued a $182.00 price target on shares of Equifax in a report on Tuesday. Morgan Stanley decreased their price target on shares of Equifax from $244.00 to $243.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Equifax from $225.00 to $217.00 in a report on Thursday, July 9th. Finally, Weiss Ratings upgraded shares of Equifax from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Thirteen investment analysts have rated the stock with a Buy rating and six 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 a consensus price target of $221.63.
Get Our Latest Analysis on EFX
Equifax Stock Down 4.4% Shares of EFX stock opened at $172.23 on Wednesday. The stock has a market cap of $20.51 billion, a P/E ratio of 30.32, a price-to-earnings-growth ratio of 1.36 and a beta of 1.32. Equifax, Inc. has a one year low of $150.74 and a one year high of $271.84. The stock has a fifty day moving average price of $165.31 and a 200 day moving average price of $183.40. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.61 and a quick ratio of 0.61.
Equifax (NYSE:EFX – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.05. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a net margin of 11.12% and a return on equity of 20.41%. The business’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.00 earnings per share. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. Analysts predict that Equifax, Inc. will post 8.56 earnings per share for the current year.
Equifax Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 22nd were paid a $0.56 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $2.24 dividend on an annualized basis and a yield of 1.3%. Equifax’s payout ratio is presently 39.44%.
Equifax Profile (Free Report)
Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.
The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.
Further Reading Five stocks we like better than Equifax Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding EFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Equifax, Inc. (NYSE:EFX – Free Report).
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Electronic equipment maker TE Connectivity on Wednesday forecast fourth-quarter profit and revenue above Wall Street expectations, betting on a boom in demand for its AI-related tools and products.
TE Connectivity (TEL - Free Report) came out with quarterly earnings of $2.94 per share, beating the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $2.27 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.16%. A quarter ago, it was expected that this electronics maker would post earnings of $2.7 per share when it actually produced earnings of $2.73, delivering a surprise of +1.11%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
TE Connectivity, which belongs to the Zacks Electronics - Miscellaneous Components industry, posted revenues of $5.16 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.14%. This compares to year-ago revenues of $4.53 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
TE Connectivity shares have lost about 8.1% since the beginning of the year versus the S&P 500's gain of 9.7%.
What's Next for TE Connectivity?While TE Connectivity has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for TE Connectivity was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.96 on $5.12 billion in revenues for the coming quarter and $11.31 on $19.56 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Miscellaneous Components is currently in the top 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Universal Display Corp. (OLED - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on July 30.
This organic light-emitting diode technology company is expected to post quarterly earnings of $1.04 per share in its upcoming report, which represents a year-over-year change of -26.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Universal Display Corp.'s revenues are expected to be $158.37 million, down 7.8% from the year-ago quarter.
Dimensional Fund Advisors LP grew its stake in Arch Capital Group Ltd. (NASDAQ:ACGL – Free Report) by 2.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,173,885 shares of the insurance provider’s stock after purchasing an additional 117,929 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.17% of Arch Capital Group worth $400,643,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Elyxium Wealth LLC purchased a new position in Arch Capital Group in the 4th quarter valued at about $27,000. WealthCollab LLC boosted its holdings in Arch Capital Group by 410.3% in the 3rd quarter. WealthCollab LLC now owns 296 shares of the insurance provider’s stock worth $27,000 after buying an additional 238 shares during the last quarter. JPL Wealth Management LLC purchased a new stake in Arch Capital Group during the 3rd quarter worth approximately $28,000. Aventura Private Wealth LLC acquired a new position in shares of Arch Capital Group during the fourth quarter valued at approximately $30,000. Finally, TD Waterhouse Canada Inc. raised its holdings in shares of Arch Capital Group by 72.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 323 shares of the insurance provider’s stock valued at $31,000 after acquiring an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.
Wall Street Analyst Weigh In A number of brokerages have recently issued reports on ACGL. Barclays lifted their price target on Arch Capital Group from $104.00 to $106.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 8th. Mizuho increased their price objective on Arch Capital Group from $101.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Cantor Fitzgerald restated a “neutral” rating and issued a $102.00 price objective (up from $100.00) on shares of Arch Capital Group in a report on Thursday, July 9th. Atlantic Securities set a $126.00 target price on shares of Arch Capital Group in a research note on Wednesday, July 15th. Finally, Weiss Ratings lowered shares of Arch Capital Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $109.82.
View Our Latest Research Report on ACGL
Arch Capital Group Price Performance NASDAQ:ACGL opened at $100.55 on Wednesday. Arch Capital Group Ltd. has a one year low of $82.44 and a one year high of $105.09. The stock has a market cap of $35.13 billion, a PE ratio of 7.72, a P/E/G ratio of 5.07 and a beta of 0.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.55 and a current ratio of 0.55. The stock has a 50 day moving average price of $95.38 and a 200 day moving average price of $95.70.
Arch Capital Group (NASDAQ:ACGL – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The insurance provider reported $2.50 earnings per share for the quarter. Arch Capital Group had a return on equity of 17.61% and a net margin of 24.64%.The company had revenue of $4.52 billion for the quarter. Equities research analysts expect that Arch Capital Group Ltd. will post 9.35 EPS for the current fiscal year.
Insider Activity In other news, Director Daniel Joseph Houston acquired 5,300 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $94.08 per share, for a total transaction of $498,624.00. Following the completion of the transaction, the director owned 9,915 shares in the company, valued at approximately $932,803.20. This trade represents a 114.84% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Brian S. Posner sold 3,000 shares of Arch Capital Group stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $19.66, for a total transaction of $58,980.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.30% of the company’s stock.
About Arch Capital Group (Free Report)
Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.
Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.
Featured Articles Five stocks we like better than Arch Capital Group Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding ACGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arch Capital Group Ltd. (NASDAQ:ACGL – Free Report).
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California Public Employees Retirement System cut its holdings in shares of Jacobs Solutions Inc. (NYSE:J – Free Report) by 6.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 239,802 shares of the company’s stock after selling 16,272 shares during the quarter. California Public Employees Retirement System owned 0.20% of Jacobs Solutions worth $30,522,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Jacobs Solutions by 737.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 159,189 shares of the company’s stock valued at $21,086,000 after purchasing an additional 140,179 shares during the period. Kepler Cheuvreux Suisse SA acquired a new position in Jacobs Solutions during the 4th quarter worth $2,161,000. Crossmark Global Holdings Inc. increased its holdings in Jacobs Solutions by 360.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 24,819 shares of the company’s stock worth $3,288,000 after purchasing an additional 19,427 shares during the period. Catalyst Funds Management Pty Ltd purchased a new stake in Jacobs Solutions during the 4th quarter worth about $3,312,000. Finally, Goldman Sachs Group Inc. increased its holdings in Jacobs Solutions by 24.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 852,803 shares of the company’s stock worth $112,962,000 after purchasing an additional 169,059 shares during the period. Hedge funds and other institutional investors own 85.65% of the company’s stock.
Analyst Upgrades and Downgrades A number of research firms have issued reports on J. Wall Street Zen lowered Jacobs Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Robert W. Baird lowered their price objective on Jacobs Solutions from $130.00 to $126.00 and set a “neutral” rating for the company in a research report on Monday, April 13th. Truist Financial cut their target price on shares of Jacobs Solutions from $150.00 to $149.00 and set a “hold” rating on the stock in a research note on Thursday, July 2nd. Citigroup raised their target price on shares of Jacobs Solutions from $180.00 to $181.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, KeyCorp decreased their price target on shares of Jacobs Solutions from $154.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $153.10.
Check Out Our Latest Report on J
Jacobs Solutions Stock Performance Shares of J stock opened at $129.70 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.24. The firm has a fifty day moving average price of $122.50 and a 200 day moving average price of $129.27. The company has a market cap of $15.32 billion, a P/E ratio of 40.28, a PEG ratio of 1.25 and a beta of 0.69. Jacobs Solutions Inc. has a 12 month low of $105.68 and a 12 month high of $168.44.
Jacobs Solutions (NYSE:J – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.11. Jacobs Solutions had a return on equity of 22.29% and a net margin of 2.92%.The company had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the firm earned $1.43 earnings per share. Jacobs Solutions’s quarterly revenue was up 8.9% on a year-over-year basis. Jacobs Solutions has set its FY 2026 guidance at 7.100-7.350 EPS. Sell-side analysts predict that Jacobs Solutions Inc. will post 7.23 earnings per share for the current fiscal year.
Jacobs Solutions Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, May 22nd were issued a $0.36 dividend. The ex-dividend date was Friday, May 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.1%. Jacobs Solutions’s dividend payout ratio is presently 44.72%.
Insider Transactions at Jacobs Solutions In other Jacobs Solutions news, Director Manuel J. Fernandez bought 403 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was purchased at an average price of $121.93 per share, for a total transaction of $49,137.79. Following the completion of the purchase, the director directly owned 12,251 shares in the company, valued at $1,493,764.43. This trade represents a 3.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Robert V. Pragada purchased 3,601 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average cost of $111.09 per share, with a total value of $400,035.09. Following the completion of the acquisition, the chief executive officer directly owned 333,755 shares of the company’s stock, valued at $37,076,842.95. This represents a 1.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 4,257 shares of company stock worth $477,651. Company insiders own 0.48% of the company’s stock.
About Jacobs Solutions (Free Report)
Jacobs Solutions Inc, commonly known as Jacobs, is a global professional services firm that provides technical, engineering, scientific and project delivery expertise across a broad range of industries. Founded in 1947 by Joseph J. Jacobs in Pasadena, California, the company evolved from a regional engineering consultancy into a diversified provider of design, program and construction management, operations and maintenance, and scientific services for complex infrastructure and industrial programs.
Read More Five stocks we like better than Jacobs Solutions Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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GREENSBORO, N.C.--(BUSINESS WIRE)---- $KTB--Kontoor Brands, Inc. (NYSE: KTB) today announced plans to release its second quarter 2026 financial results on Wednesday, August 12, 2026, at approximately 6:50 a.m. ET. Following the news release, Kontoor management will host a conference call at approximately 8:30 a.m. ET to review results. The conference call will be broadcast live and accessible at kontoorbrands.com/investors. For those unable to listen to the live broadcast, an archived version will be av.
NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Simply Good Foods Company (NASDAQ:SMPL) for potential securities fraud after its significant stock drop.
If you invested in Simply Good Foods, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
Key Details of the Simply Good Foods ($SMPL) Class Action Investigation:
Investigation Overview: Securities fraud related to Simply Good Foods’ protein product distribution expansion, product quality, and execution issues.Stock Decline: April 9, 2026 – 18.11% Stock DropAction: Contact BFA Law to discuss your rights
Why is Simply Good Foods Being Investigated for Securities Fraud?
Simply Good Foods is a consumer packaged food and beverage company. The company’s products primarily consist of protein bars and ready-to-drink (“RTD”) protein shakes under the Quest and OWYN brand names.
BFA is investigating whether Simply Good Foods made false and misleading statements to investors regarding the purported success of its initiative to expand distribution of its Quest and OWYN-branded protein products.
Why did Simply Good Foods’ Stock Drop?
On April 9, 2026, Simply Good Foods released its fiscal Q2 2026 financial results. The company announced net sales of $326 million, a 9.4% decline year-over-year, and cut 2026 guidance to a range of - 10% to - 7% year-over-year. During the corresponding earnings call, Simply Good Foods’ CEO stated that the company’s significant expansion of OWYN products experienced “a combination of a product quality issue . . . that impacted taste, texture and consumer acceptance and poor marketing execution [that] negatively impacted performance during the critical expansion window.” Simply Good Foods also revealed a $249 million impairment charge “largely the result of a challenging fiscal year 2026 and updated projections of future revenue.”
This news caused the price of Simply Good Foods stock to drop $2.61 per share, or more than 18%, from a closing price of $14.41 per share on April 8, 2026, to $11.80 per share on April 9, 2026.
Click here for more information: https://www.bfalaw.com/cases/simply-good-foods-class-action-lawsuit.
What Can You Do?
If you invested in Simply Good Foods, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
California Public Employees Retirement System lowered its position in shares of Equity Lifestyle Properties, Inc. (NYSE:ELS – Free Report) by 8.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 453,682 shares of the real estate investment trust’s stock after selling 41,322 shares during the quarter. California Public Employees Retirement System owned about 0.23% of Equity Lifestyle Properties worth $28,319,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its holdings in Equity Lifestyle Properties by 303.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,948,613 shares of the real estate investment trust’s stock valued at $966,648,000 after buying an additional 11,999,874 shares during the period. Daiwa Securities Group Inc. grew its stake in Equity Lifestyle Properties by 253.7% during the third quarter. Daiwa Securities Group Inc. now owns 3,147,048 shares of the real estate investment trust’s stock worth $191,025,000 after buying an additional 2,257,299 shares during the period. Cohen & Steers Inc. increased its position in shares of Equity Lifestyle Properties by 26.8% in the fourth quarter. Cohen & Steers Inc. now owns 10,614,040 shares of the real estate investment trust’s stock worth $643,331,000 after acquiring an additional 2,246,622 shares in the last quarter. Norges Bank acquired a new stake in shares of Equity Lifestyle Properties in the fourth quarter worth $125,352,000. Finally, Royal London Asset Management Ltd. raised its stake in shares of Equity Lifestyle Properties by 1,520.4% in the 2nd quarter. Royal London Asset Management Ltd. now owns 1,771,803 shares of the real estate investment trust’s stock valued at $109,267,000 after acquiring an additional 1,662,458 shares during the period. Institutional investors and hedge funds own 97.21% of the company’s stock.
Equity Lifestyle Properties Stock Down 0.6% Shares of NYSE:ELS opened at $64.88 on Wednesday. The company has a market capitalization of $12.58 billion, a price-to-earnings ratio of 32.44, a price-to-earnings-growth ratio of 3.97 and a beta of 0.66. The company has a 50 day moving average of $63.46 and a two-hundred day moving average of $64.09. Equity Lifestyle Properties, Inc. has a 52-week low of $58.15 and a 52-week high of $69.00. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 0.29.
Equity Lifestyle Properties (NYSE:ELS – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The real estate investment trust reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.28). The firm had revenue of $397.62 million for the quarter, compared to analyst estimates of $395.71 million. Equity Lifestyle Properties had a return on equity of 21.22% and a net margin of 24.99%.The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 earnings per share. As a group, analysts forecast that Equity Lifestyle Properties, Inc. will post 3.18 earnings per share for the current fiscal year.
Equity Lifestyle Properties Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 26th were issued a dividend of $0.5425 per share. This represents a $2.17 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Friday, June 26th. Equity Lifestyle Properties’s dividend payout ratio (DPR) is presently 108.50%.
Analysts Set New Price Targets Several research firms recently weighed in on ELS. Jefferies Financial Group upgraded shares of Equity Lifestyle Properties to a “strong-buy” rating in a report on Friday, June 26th. Deutsche Bank Aktiengesellschaft upgraded Equity Lifestyle Properties from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a report on Wednesday, April 15th. Mizuho initiated coverage on Equity Lifestyle Properties in a research report on Tuesday, March 31st. They issued an “outperform” rating and a $72.00 price objective on the stock. Wall Street Zen upgraded Equity Lifestyle Properties from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, Odeon Capital Group set a $65.00 target price on Equity Lifestyle Properties in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $68.70.
Read Our Latest Analysis on Equity Lifestyle Properties
Equity Lifestyle Properties Profile (Free Report)
Equity Lifestyle Properties, Inc (NYSE: ELS) is a publicly traded real estate investment trust specializing in the acquisition, development, ownership and operation of manufactured home communities and recreational vehicle resorts. The company’s portfolio includes more than 450 properties across the United States and Canada, serving over 200,000 residents and visitors. ELS organizes its operations into two primary segments: manufactured housing communities, which provide long-term housing solutions, and upscale RV and seasonal resorts designed for leisure travelers and seasonal patrons.
In its manufactured home division, ELS offers home-site leases combined with community amenities such as landscaped common areas, clubhouses, swimming pools and organized resident events.
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The exclusive capsule and immersive fan experience mark the next chapter of Hollister's partnership with one of the summer's biggest music festivals July 22, 2026 08:00 ET | Source: Abercrombie & Fitch Management Co.
NEW ALBANY, Ohio, July 22, 2026 (GLOBE NEWSWIRE) -- Hollister and Lollapalooza are expanding their partnership this summer with the debut of an exclusive festival collection and the Feel Good House, a new onsite destination where fans can discover limited-edition merchandise, music and immersive experiences throughout the weekend.
Designed exclusively for Lollapalooza, the seven-piece capsule reimagines iconic Y2K festival style through a modern lens. Vintage-inspired graphics, washed denim blues, metallic finishes and pops of pink come together across men's and women's apparel, including a mesh football jersey created exclusively for the collaboration.
As early-2000s fashion continues its resurgence, music festivals have become one of the defining places where style trends are reimagined.
“Music and festival culture have been an important part of the Hollister brand, and working alongside Lollapalooza, we wanted to create moments that feel immersive, memorable and unmistakably Hollister, from the product to the programming to the way customers and fans engage with the brand in real time,” said Kelly Hall, Hollister Head of Merchandising and Design. “Lollapalooza continues to be the right partner for Hollister because it brings our customers together in a key market at one of the most culturally relevant music festivals of the summer.”
That experience comes to life through the Feel Good House. Throughout the weekend, fans can visit the Feel Good House for DJ sets, surprise drops and interactive photo moments inspired by the energy of Lollapalooza. Hollister will also partner with artists and creators to bring the festival experience to fans through social content all weekend long.
The activation builds on Hollister's Aftershows partnership at Lollapalooza in 2025, expanding the brand's presence from late-night programming into the heart of the festival experience.
"For a lot of fans, getting dressed for a festival is part of the fun. Nearly three in four say it makes the experience even more memorable," said Maureen Ford, President of National and Festival Sales for Live Nation. "That sense of self-expression is what festival fashion has always been about. As early-2000s style finds a new generation of fans, this collaboration celebrates the individuality and optimism that have always been at the heart of both Hollister and Lollapalooza."
Several pieces in the collection—including three T-shirts and a festival hat—will be available exclusively onsite at Lollapalooza. The remaining collection will be available at HollisterCo.com and select retail locations beginning festival weekend, with prices ranging from $24.95 to $69.95.
Fans can follow Hollister on Instagram and TikTok for exclusive content, creator and artists collaborations and behind-the-scenes moments from Grant Park.
About Hollister
Hollister creates quality apparel, accessories and fragrance made for capturing moments, creating memories and being unapologetically you. Hollister Co. is a division of Abercrombie & Fitch Co. (NYSE: ANF) and is sold through more than 500 stores worldwide and at HollisterCo.com
Coleman's First-Ever Music Partnership Brings Kane Brown's Signature Style to Summer's Outdoor Must-Haves
Coleman® launches the limited-edition Coleman x Kane Brown Collection, the debut release from the brand's first-ever music partnership and multi-year collaboration with the global superstar Inspired by Brown's life on tour and love of the outdoors, the collection brings his signature style to a Steel-Belted Hard Cooler, Soft Cooler Sling, Stainless-Steel Tumbler and upcoming Snap 'N Go™ Hard Collapsible Cooler Multi-year collaboration unites outdoor recreation, music and fan experiences through future product launches, content and activations , /PRNewswire/ -- Today, Coleman® and Kane Brown announced the launch of the limited-edition Coleman x Kane Brown Collection, the debut release from the brand's first-ever music partnership and long-term collaboration with award-winning, multi-platinum country global superstar Kane Brown. Inspired by Brown's life on tour, love for the outdoors, and favorite summer traditions, the collection features a custom Steel-Belted Hard Cooler, Soft Cooler Sling, and Stainless-Steel Tumbler, with a Snap 'N Go™ Hard Collapsible Cooler arriving later this year. Reimagining Coleman classics through Brown's signature style, the limited-edition collection offers fans a collectible take on outdoor essentials featuring Kane-inspired design details and his signature "KB" branding.
Coleman® and Kane Brown Celebrate Multi-Year Partnership with the Launch of Limited-Edition Collection.
Coleman® and Kane Brown Celebrate Multi-Year Partnership with the Launch of Limited-Edition Collection. A longtime outdoorsman, Brown has incorporated Coleman products into both his personal life and professional life on the road. The collaboration builds on Coleman's sponsorship of The High Road Tour, where Coleman gear traveled alongside Brown and his crew, appearing backstage and helping power the moments between performances. As Coleman's official ambassador, Brown will influence product development and activations while introducing the brand to new audiences across music, culture, and lifestyle.
"I love the line I was able to create with Coleman," said Kane Brown. "From the cups that we use on stage every night to toast the fans to the limited-edition Snap 'N Go cooler, coming this Fall. I have really enjoyed working with the Coleman team on this collection and showing fans the products I use at my home, on the road, and at the beach. I hope everyone enjoys them as much as I do."
"As our first country music brand ambassador, Kane embodies our brand purpose by inspiring the next generation to forge their own outdoor traditions," said Jimmy Jia, Global Vice President of Brand Management, Outdoor & Recreation at Newell Brands. "From tailgates to backyard parties to life on the road with his crew, he uses our products in authentic ways every day. Together, we've created an exclusive capsule that reflects Coleman and Kane's distinct trailblazing style."
Kane Brown's Summer Essentials
The inaugural Coleman x Kane Brown Collection features a Steel-Belted Hard Cooler, Soft Cooler Sling, and Stainless-Steel Tumbler, with a Snap 'N Go™ Hard Collapsible Cooler arriving later this year. Drawing inspiration from tailgates before shows, beach trips with family, and life on tour, Brown helped shape the collection's colors, graphics, and product selections to reflect how he spends his time outdoors. Each piece features unique colorways and design details personally selected by Brown, complete with his iconic "KB" logo or signature, offering fans functional outdoor essentials inspired by his life both on the road and at home.
Kane's Steel-Belted Hard Cooler: Durable steel cooler with 4-day ice retention, 85-can capacity, and built-in bottle opener, featuring Kane's etched signature ($239.99) Kane's Soft Cooler Sling: Hands-free cooler bag with adjustable sling, 6-can capacity, and 12+ hours of cooling, featuring Kane's iconic "KB" logo ($21.99) Kane's Stainless-Steel Tumbler: Vacuum-insulated 20oz tumbler that keeps drinks cold for 18 hours or hot for 6 hours, featuring an iridescent finish, sweatproof design and splash-resistant lid, and iconic "KB" logo ($34.99) Coming Soon: Kane's Snap 'N Go Hard Collapsible Cooler: Portable 45QT collapsible cooler, with 2-day ice retention, 76-can capacity, that folds to one-third its size, complete with exclusive Kane Brown typography ($229.99). Visit Coleman.com today to sign-up for launch updates. The limited-edition Coleman x Kane Brown Collection will be available beginning July 22, 2026, while supplies last on Coleman.com.
An Exclusive First Look
To celebrate the launch, Coleman and Brown hosted an exclusive preview event at Kane Brown's Broadway bar in Nashville, where guests received an immersive first look at the limited-edition collection through hands-on product experiences and outdoor-inspired activations. Attendees included Brown's friends and family, who joined him in raising a toast to the collaboration ahead of its official debut.
The Next Chapter of Coleman x Kane Brown
The collection marks the first chapter of Coleman and Brown's broader multi-year collaboration, which will continue to bring together outdoor recreation, music, and fan engagement through future products, experiences, and content. Later this year, the collection will expand with a highly anticipated custom Kane Brown-inspired Snap 'N Go™ cooler. Fans are invited to sign up for launch updates now on Coleman.com.
For more information, visit Coleman.com or follow @ColemanUSA on social media. And to keep up with Kane Brown, follow INSTAGRAM, TIKTOK, and FACEBOOK.
ABOUT COLEMAN
For over 120 years, The Coleman Company, Inc. has been a trusted partner for unforgettable moments outside. Whether you're cheering on your team or enjoying a cookout with friends, Coleman makes every outdoor adventure more memorable. We believe that the joy of outdoor gatherings brings people closer together—strengthening bonds and creating lasting memories. To learn more, visit coleman.com and follow us on Instagram.
ABOUT NEWELL BRANDS
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie®, Graco®, Coleman®, Rubbermaid Commercial Products®, Yankee Candle®, Paper Mate®, FoodSaver®, Dymo®, EXPO®, Elmer's®, Oster®, NUK®, Spontex® and Campingaz®. Newell Brands is focused on delighting consumers by lighting up everyday moments.
ABOUT KANE BROWN:
Named "the future of country music" (Billboard), Multi-Platinum-selling, award-winning singer/songwriter Kane Brown "didn't fit the country music mold. So he made his own." (The New York Times). Kicking off 2026 strong, Brown just released his song "Woman," which follows the success of his widely acclaimed 2025 record, The High Road. Listen to the song HERE.
Brown first broke onto the scene with the arrival of his self-titled, 2X Platinum debut album (2016), where he became the first artist ever to lead all five of Billboard's main country charts simultaneously and topped the Billboard Top Country Albums chart for more than 13 weeks and earned two of the most-streamed country songs of all time (chart-topping singles Diamond Certified "Heaven," and "What Ifs"). His album Experiment (2018) hit #1 on the Billboard Top 200 all genre list-becoming the first Country artist in more than 24 years to top the chart with a sophomore album. Brown released his multi-song project Mixtape Vol. 1- which earned Brown an ACM Award nomination for Album of the Year (2021) and an ACM win for "Video of the Year."
Expanding beyond music, Brown has stepped into film and television, guest starring on 9-1-1: Nashville, and serving as executive producer on Thank God: Christmas at Keller Ranch. He is also the founder of Verse2, a publishing venture in partnership with Sony Music Publishing, further solidifying his growing influence across the industry. This summer, Brown also opened his new Nashville bar, Kane Brown's On Broadway, marking his latest entrepreneurial venture and expansion in Music City.
Named to Time's 100 most influential people in the world (2021), Kane Brown has ascended from independently built social media notability to an ACM Entertainer of the Year nominee (2023 & 2024) - and has become one of country music's most accomplished mainstays and global entertainers.
With 13 chart-topping No. 1 singles at Country radio, internationally sold out tours and stadium dates, Brown continues to garner a series of milestones that continue to expand the perception of country music and break musical boundaries- from being named to the Time100 list (2021) to becoming the first black artist in history to headline and sell out Boston's historic Fenway Park (2023) to his win ACM Video of the Year (2021) and multiple ACM, Billboard, AMA, CMT and People's Choice Award nominations, including most recently, his recognition by the People's Choice Country Awards with a Country Champion Award win.
Brown has also earned numerous accolades for his ongoing work with The Boys & Girls Club, including the Country Radio Seminar (CRS) Humanitarian Award and the Champion of Youth Award from The Boys & Girls Club.
MEDIA CONTACTS:
Alison Brod Marketing + Communications
[email protected]
Delta, British Columbia--(Newsfile Corp. - July 22, 2026) - Investorideas.com, a trusted leader in publishing investing ideas for over 25 years issues a snapshot of recent news for aviation stocks, featuring Fly Flyte, Inc., the Regional Air Mobility subsidiary of Catheter Precision, Inc. (NYSE American: VTAK).
Aviation Stocks Lift Off: Flyte (VTAK) Teams Up with Blade Urban Air Mobility
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Aviation stocks mentioned in this article include Joby Aviation (NYSE: JOBY), Archer Aviation (NYSE: ACHR) and Airbus SE (OTC: EADSY).
According to Mordorintelligence, "The aviation market was valued at USD 358.85 billion in 2025 and will expand to a market size of USD 524.14 billion by 2030, reflecting a 7.87% CAGR. The aviation market benefits from renewed passenger demand, accelerated fleet modernization, and record public- and private-sector investment in sustainable propulsion."
While many companies are focused on developing the aircraft of the future, Flyte is dedicated to building a premium regional aviation network today.
Fly Flyte, Inc., the Regional Air Mobility subsidiary of Catheter Precision, Inc. (NYSE American: VTAK), just announced a strategic partnership with Blade Urban Air Mobility designed to expand customer reach, increase booking opportunities, improve aircraft utilization and accelerate awareness of the Flyte platform among premium aviation travelers.
Blade is the leading helicopter passenger service in the world, with operations in the United States and Europe. The Company's asset-light model, coupled with its exclusive passenger terminal infrastructure and proprietary technologies, will enable a seamless transition from helicopters and fixed-wing aircraft to Joby's (NYSE:JOBY) Electric Vertical Aircraft, enabling lower-cost air mobility that is both quiet and emission-free.
From the news:
Under the partnership, Flyte's Cirrus Vision Jet fleet and charter offerings will be featured on Blade's platform, providing Blade passengers with access to a modern, efficient, and cost-effective private aviation solution for regional travel.
The partnership is expected to expand Flyte's visibility among a large and highly targeted audience of premium aviation consumers already utilizing technology-enabled air mobility solutions.
Flyte believes its Cirrus Vision Jet fleet is uniquely positioned to complement Blade's customer base, which has historically focused on premium, time-sensitive regional travel solutions.
"We're excited to partner with Blade and make Flyte's Vision Jet fleet available through one of the industry's most recognized aviation platforms," said Marc Sellouk, Founder and CEO of Flyte. "This relationship broadens our distribution, introduces Flyte to a wider customer base, and represents another important step in executing our long-term growth strategy."
The Cirrus Vision Jet offers a differentiated private aviation experience featuring advanced safety technologies, including the Cirrus Airframe Parachute System (CAPS) and Safe Return Emergency Autoland, making it one of the most technologically advanced aircraft operating within the regional aviation marketplace.
Flyte continues to execute on its strategy of building a scalable regional air mobility platform through strategic partnerships, fleet expansion, technology integration, and increased consumer awareness initiatives. The company believes partnerships with established aviation brands can help accelerate growth while expanding access to premium travel customers throughout the United States.
The agreement is non-exclusive and subject to the terms and conditions of the parties' agreement.
Flyte (www.flyflyte.com) is a private aviation company operating a growing fleet of Cirrus Vision Jets and providing efficient short-haul travel throughout the United States. Through fixed pricing, online booking, and a technology-enabled operating platform, Flyte delivers a faster, safer, and more convenient alternative to traditional private charter travel.
Flight operations are conducted through Flyte's wholly owned subsidiary, Ponderosa Air, LLC, an FAA-certified Part 135 air carrier.
Flyte's long-term strategy:
An operating regional aviation network rather than a concept.
A growing base of premium customers.
Experience delivering luxury short-haul air travel.
A scalable operating platform.
Commercial partnerships that expand distribution and customer access.
A business model that can evolve alongside future aviation technologies.
The acquisition of Blade was announced on September 10, 2025. Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service and Uber Technologies, Inc. (NYSE: UBER), the largest rideshare and delivery platform in the world, announced the plan to bring Blade's air mobility services to the Uber app as soon as next year, following Joby's recent acquisition of Blade's passenger business.
From the news:
In 2024, Blade flew more than 50,000 passengers across a network of routes in the New York metropolitan area and Southern Europe, including high-traffic destinations such as Newark Liberty International Airport, John F. Kennedy International Airport, Manhattan and the Hamptons.
"We're excited to introduce Uber customers to the magic of seamless urban air travel," said JoeBen Bevirt, founder and CEO of Joby. "Integrating Blade into the Uber app is the natural next step in our global partnership with Uber and will lay the foundation for the introduction of our quiet, zero-emissions aircraft in the years ahead. Together with Uber's global platform and Blade's proven network, we're setting the stage for a new era of air travel worldwide."
Andrew Macdonald, President and COO of Uber commented, "Since Uber's earliest days, we've believed in the power of advanced air mobility to deliver safe, quiet, and sustainable transportation to cities around the world. By harnessing the scale of the Uber platform and partnering with Joby, the industry leader in advanced air mobility, we're excited to bring our customers the next generation of travel."
Getting the market's attention on July 20th, Archer Aviation (NYSE:ACHR) unveiled their jointly-developed autonomous VTOL aircraft platform, built to serve both defense and commercial applications. Anduril showcased the defense variant, Thunder, a Group 5 autonomous attack rotorcraft specifically designed to multiply the combat power of current and next-generation crewed attack and assault aircraft.
The stock had its best run in a year on the news with CNBC reporting, 'Archer stock rips 20% higher as company unveils military craft with Anduril.'
From the news:
Together, the two companies have built what they believe to be a step change in vertical lift: a new class of autonomous aircraft with the speed, range, payload and operating cost that defense and commercial missions demand. Archer will announce its first commercial partners for the platform later this week.
Thunder builds on a dual-use platform developed by Archer and Anduril, bringing the commercial VTOL sector's rapid innovation in electric propulsion and rotor design directly into a clean sheet configuration.
A series hybrid-electric powertrain enables the aircraft to achieve significant range and endurance, while still maintaining the necessary precision to closely optimize power through the full range of flight conditions. Meanwhile, dual tiltrotors vary rotor RPM to maintain efficiency across flight regimes, reducing power demand and fuel burn in cruise and minimizing acoustic signature to enhance survivability during low-altitude ingress.
The platform's tiltrotor configuration combines vertical takeoff and landing (VTOL) with efficient wingborne cruise, enabling runway-independent operations from austere locations without the range constraints of traditional rotorcraft.
Anduril and Archer have configured the dual-use platform to bring modular, heavy payloads to an array of commercial and defense applications. It leverages years of development and flight testing on air taxis, highlighting Archer's proven ability to rapidly design, manufacture and fly advanced VTOL aircraft platforms.
"From raw performance to producibility, harnessing the best technologies from the commercial eVTOL market for defense is central to how Thunder will deliver operational value to our customers. The clean-sheet, dual-use platform that we've built with Archer truly represents a step change in capability," said Shane Arnott, SVP of Maneuver Dominance at Anduril.
"This mission required a clean sheet design, built from the ground up to meet the needs of modern commercial and defense applications. We couldn't simply tweak our existing aircraft. Instead, we took a bold first principles approach alongside Anduril to develop what we believe is the most sophisticated vertical lift aircraft ever made," said Adam Goldstein, Founder and CEO of Archer.
In other aviation stock news, Airbus SE (OTC: EADSY) gained in Monday's trading following company news. Airbus reported: SMBC Aviation Capital, a leading global aviation finance platform, has placed a firm order for an additional 65 A321neo and 35 A320neo aircraft. The agreement was finalised at the Farnborough International Airshow.
"This significant new order will give our airline customers access to a continuous delivery pipeline of the latest technology A320neo family aircraft into the mid-2030s," said Peter Barrett, CEO of SMBC Aviation Capital. "We are pleased to build on the deep partnership we have established with Airbus over the last 25 years, and this latest order reflects our confidence in the long-term demand for the A320neo family. Today's announcement reflects SMBC Aviation Capital's long-term commitment to supporting our airline customers, positioning us as the leading global aviation finance platform, ready to meet their ever-evolving needs."
As the industry evolves, investors and consumers may increasingly evaluate not only the companies building the next generation of aircraft, but also the companies building the networks those aircraft may one day serve.
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Disclaimer/Disclosure: This news featuring (NYSE: VTAK) is part of a paid for news publishing and content creation service at Investorideas.com. More payment details and disclosure: This is not investment opinion. All information is from public sources. Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. More disclosure: Contact management and IR of each company directly regarding specific questions.
FARNBOROUGH, England--(BUSINESS WIRE)---- $ACHR #Archer--Archer Aviation (NYSE: ACHR) today announced Halo, the commercial variant of a jointly-developed dual-use platform built to serve both defense and commercial applications. Anduril unveiled Thunder, the defense variant of the platform, on Monday at the Farnborough International Airshow. The two variants share the same airframe, hybrid powertrain and core systems, with configurable payload depending on mission requirements. Archer Technology Stack This new d.
The civilian electric vertical takeoff and landing market remains trapped in a regulatory holding pattern. Developing a functional urban air-taxi network requires deep consumer adoption, local infrastructure overhauls, and grueling Federal Aviation Administration approvals.
For pre-revenue developers in the aerospace sector, this translates to heavy cash burn with an ambiguous timeline for actual commercial deployment. The capital requirements to bring a clean-sheet aviation design from prototype to passenger-ready status are staggering, leaving early investors exposed to years of dilutive funding rounds.
Navigating these early-stage aviation equities requires identifying structural pivots before they are fully priced into the market. A pure-play focus on civilian urban air mobility presents a high-risk scenario tied entirely to municipal regulations and retail demand. To survive the prolonged path to commercialization, an aerospace developer needs a secondary source of capital to validate its core flight architecture.
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Entering the Arsenal: A Tactical AllianceArcher Aviation Today
$5.28 -0.04 (-0.66%)
As of 07/21/2026 03:59 PM Eastern
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52-Week Range$4.30▼
$14.62Price Target$11.83
Archer Aviation NYSE: ACHR just altered that trajectory, forcing a structural repricing across the entire sector. Partnering with defense technology heavyweight Anduril, Archer Aviation unveiled its Thunder autonomous rotorcraft at the Farnborough International Airshow on July 20, 2026. By adapting its core flight architecture for contested defense environments, Archer Aviation is decisively bypassing civilian regulatory gridlock and tapping into immediate Department of War demand.
This strategic shift from a speculative civilian air-taxi provider to a manufacturer of artificial intelligence (AI) powered kinetic warfare hardware fundamentally changes the risk profile for Archer Aviation. The underlying flight technology is no longer waiting for consumer validation. It is being validated on the battlefield. Securing a dual-use military application completely shifts the narrative from cash-burning consumer tech to essential national security infrastructure.
Stealth and Stature: Flying Under the RadarWhen evaluating aerospace developers, identifying total addressable market expansion is a crucial fundamental metric. The Thunder platform is not a personnel transport vehicle. It is explicitly classified as a Group 5 autonomous attack rotorcraft, engineered to serve as a loyal wingman alongside crewed combat platforms like the AH-64 Apache.
The technical specifications perfectly align with modern asymmetric warfare requirements. Thunder integrates Archer Aviation's series-hybrid electric powertrain and dual tiltrotors with the Lattice mission autonomy software developed by Anduril.
The hardware allows for runway-independent operations and heavy modular payload delivery. Crucially, the electric propulsion reduces the aircraft's acoustic signature, enabling nap-of-the-earth flight to bypass radar in contested airspace.
From a capital structure perspective, the Department of War operates on a completely different budget paradigm than the retail consumer market. Military contracts offer structured milestone payments and established procurement volume, providing a pathway to non-dilutive capital.
Traditional pre-revenue developers survive by issuing secondary shares, heavily diluting existing shareholders to fund ongoing research. Securing early defense spending insulates the balance sheet from consumer macroeconomic headwinds and validates intellectual property in a way civilian prototypes cannot.
Desert Departure: Joby's Retail RunwayUnderstanding the gravity of this pivot requires looking at the broader competitive landscape. While Archer Aviation develops its defense applications, its peer, Joby Aviation NYSE: JOBY, currently dominates the civilian market. Joby Aviation has locked in a commercial launch in Dubai slated for 2026, working directly with established ride-sharing networks to launch a functional urban air mobility ecosystem.
The imminent revenue realization from Joby Aviation creates existential pressure on the rest of the sector. Engaging in a price-to-market war for civilian adoption against an entrenched competitor is a fast track to margin compression and capital exhaustion.
Archer Aviation recognized this threat and executed a strategic maneuver to capture a non-correlated revenue stream. Rather than fighting Joby Aviation for early market share in saturated urban centers, Archer Aviation is focusing on contested logistics and precision weapon deployment. This removes equity from direct civilian competition and positions it to capture government defense allocations, a sector that has remained historically robust regardless of broader economic conditions.
Burning Capital: The Liquidity EquationNavigating these specific equities requires strict attention to liquidity and capital runway. Archer Aviation ended the first quarter of 2026 with approximately $1.8 billion in total liquidity, combining cash and short-term investments.
This robust cash position is an absolute necessity against an elevated burn rate. The operations currently post an earnings before interest, taxes, depreciation, and amortization loss of roughly $200-$225 million per quarter, driven almost entirely by intensive research and development costs.
While the $1.8 billion provides a substantial buffer, the timeline remains extended. The official first flight for Thunder is scheduled for 2027, delaying immediate revenue recognition. The market responded enthusiastically to the Anduril partnership, sending shares up 19% on heavy options volume, with traders purchasing 77,081 call options in a single session.
Archer Aviation Inc. (ACHR) Price Chart for Wednesday, July, 22, 2026
Despite this retail momentum, structural overhead remains a prominent factor. Short interest sits between 15% and 17% of the free float, representing roughly 108 million shares sold short. With days-to-cover metrics ranging from 2.5 to 4.6, the stock has the structural framework for localized short-covering rallies amid high-volume catalyst events. However, careful investors must reconcile this options-driven momentum with recent executive actions.
Recent Form 4 filings reveal a persistent pattern of insider liquidations. Key executives executed numerous open-market sales over the trailing six months with zero open-market purchases. While insider selling often occurs for tax purposes or basic portfolio diversification, steady distribution during a major positive catalyst warrants close monitoring. It signals that management recognizes the lengthy commercialization timeline ahead and prefers immediate liquidity while waiting for defense contracts to materialize into hard revenue.
Final Approach: The Future of FlightThe integration of commercial electric aviation into military operations marks a definitive shift in defense procurement. Archer Aviation has successfully demonstrated that its proprietary propulsion and rotor designs have significant value beyond the highly speculative air-taxi market. The partnership with Anduril legitimizes the hardware, offering a viable path to government-backed funding that bypasses the friction of early retail adoption.
Market dynamics validate the necessity of this defense pivot, even if the timeline for materializing capital remains extended into 2027. This structural shift provides a compelling narrative for long-term valuation expansion, provided Archer Aviation can efficiently manage its cash bleed through the upcoming testing phases.
Investors seeking exposure to next-generation aerospace technologies might consider monitoring upcoming quarterly filings for any material shifts in research expenditures or definitive timelines regarding initial Department of War delivery milestones.
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California Public Employees Retirement System increased its position in shares of East West Bancorp, Inc. (NASDAQ:EWBC – Free Report) by 8.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 279,413 shares of the financial services provider’s stock after buying an additional 20,588 shares during the quarter. California Public Employees Retirement System owned about 0.20% of East West Bancorp worth $29,830,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in EWBC. Oak Thistle LLC purchased a new stake in East West Bancorp in the 4th quarter valued at $1,530,000. Mach 1 Financial Group LLC acquired a new position in East West Bancorp in the fourth quarter valued at $1,044,000. Northwestern Mutual Wealth Management Co. increased its stake in East West Bancorp by 84,090.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,311,566 shares of the financial services provider’s stock valued at $596,967,000 after purchasing an additional 5,305,257 shares during the period. Geode Capital Management LLC raised its holdings in shares of East West Bancorp by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 2,825,161 shares of the financial services provider’s stock valued at $319,523,000 after buying an additional 27,402 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of East West Bancorp by 141.2% in the fourth quarter. SG Americas Securities LLC now owns 128,368 shares of the financial services provider’s stock valued at $14,427,000 after buying an additional 75,147 shares during the last quarter. Hedge funds and other institutional investors own 89.53% of the company’s stock.
East West Bancorp Stock Down 0.4% Shares of NASDAQ:EWBC opened at $133.40 on Wednesday. East West Bancorp, Inc. has a fifty-two week low of $92.67 and a fifty-two week high of $136.24. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.34. The firm’s 50-day simple moving average is $127.49 and its 200-day simple moving average is $119.21. The company has a market cap of $18.28 billion, a price-to-earnings ratio of 13.33, a PEG ratio of 1.54 and a beta of 0.94.
East West Bancorp (NASDAQ:EWBC – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.61 by $0.02. The firm had revenue of $791.14 million during the quarter, compared to analysts’ expectations of $784.47 million. East West Bancorp had a net margin of 29.59% and a return on equity of 16.00%. During the same period in the prior year, the company posted $2.24 earnings per share. As a group, equities research analysts predict that East West Bancorp, Inc. will post 10.56 earnings per share for the current year.
Insiders Place Their Bets In related news, Vice Chairman Douglas Paul Krause sold 10,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $123.50, for a total transaction of $1,235,000.00. Following the transaction, the insider owned 46,974 shares of the company’s stock, valued at $5,801,289. This represents a 17.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Irene H. Oh sold 11,211 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $129.00, for a total value of $1,446,219.00. Following the completion of the sale, the insider directly owned 85,998 shares of the company’s stock, valued at approximately $11,093,742. This trade represents a 11.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 54,311 shares of company stock worth $6,784,711. Company insiders own 0.94% of the company’s stock.
Key Headlines Impacting East West Bancorp Here are the key news stories impacting East West Bancorp this week:
Positive Sentiment: East West Bancorp reported Q2 2026 EPS of $2.63, ahead of the $2.61 consensus estimate, and earnings rose from $2.24 a year ago. East West Bancorp earnings report and conference call link Positive Sentiment: The company said net income reached $364 million and total revenue hit a record, signaling strong operating performance. East West Bancorp Q2 2026 results press release Positive Sentiment: Loans and deposits both reached new records at $59.0 billion and $70.1 billion, respectively, showing continued business expansion and funding strength. East West Bancorp Q2 2026 results press release Positive Sentiment: Profitability remained solid, with return on average common equity of 16.0% and book value per share up 13% year over year. East West Bancorp Q2 2026 results press release Neutral Sentiment: Several recap articles and the earnings call transcript focused on the same core message: East West Bancorp beat expectations and delivered record revenue, reinforcing the upbeat reaction. East West Bancorp Q2 2026 earnings call transcript Wall Street Analysts Forecast Growth A number of research firms recently issued reports on EWBC. Truist Financial raised their price target on East West Bancorp from $128.00 to $136.00 and gave the stock a “hold” rating in a report on Friday, July 10th. Cantor Fitzgerald upped their price objective on East West Bancorp from $137.00 to $150.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. TD Cowen increased their price objective on East West Bancorp from $137.00 to $143.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Wall Street Zen downgraded East West Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, July 4th. Finally, Citigroup boosted their target price on East West Bancorp from $145.00 to $154.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, East West Bancorp currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.31.
Read Our Latest Research Report on EWBC
East West Bancorp Company Profile (Free Report)
East West Bancorp, Inc is a bank holding company and the parent of East West Bank, one of the largest independent banks headquartered in Southern California. As a full-service commercial bank, it provides a broad range of financial products and services to business and individual customers, including commercial and residential real estate lending, working capital lines of credit, trade finance, and deposit and treasury management services. The company caters to both large and middle-market businesses, leveraging its expertise to serve clients engaged in cross-border trade and investment between the United States and Greater China.
Founded in Los Angeles in the early 1970s, East West Bank has grown steadily through organic expansion and strategic branch openings.
See Also Five stocks we like better than East West Bancorp Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into PennyMac Financial Services, Inc. (NYSE:PFSI) for potential violations of the federal securities laws.
If you invested in PennyMac, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/pennymac-class-action-lawsuit.
Why is PennyMac Being Investigated for Violations of the Federal Securities Laws?
PennyMac originates and services home mortgages. Recently, PennyMac increased its capacity to originate loans to better retain borrowers seeking to refinance their mortgages—a process known as “recapture” —as interest rates declined. During the relevant period, PennyMac touted the success of its recapture efforts, representing to investors that its recapture rates were improving.
BFA is investigating whether PennyMac misrepresented its ability to recapture customers refinancing their mortgages as interest rates declined.
Why did PennyMac’s Stock Drop?
On January 29, 2026, PennyMac reported disappointing 4Q 2025 financial results. During PennyMac’s earnings call held the same day, PennyMac senior management revealed that although PennyMac had increased its origination capacity to recapture more refinance business, many competitors had also added capacity, creating a highly competitive origination environment that constrained PennyMac’s ability to take advantage of refinance opportunities. This news caused the price of PennyMac stock to decline more than 37%, from $140.70 per share at the close of trading on January 29, 2026, to as low as $93.50 per share on January 30, 2026.
Click here for more information: https://www.bfalaw.com/cases/pennymac-class-action-lawsuit.
What Can You Do?
If you invested in PennyMac, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
California Public Employees Retirement System grew its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 10.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 1,496,020 shares of the company’s stock after buying an additional 141,653 shares during the period. California Public Employees Retirement System owned 0.22% of Host Hotels & Resorts worth $28,664,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation National Association UT lifted its position in Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after acquiring an additional 781 shares during the period. CYBER HORNET ETFs LLC acquired a new stake in shares of Host Hotels & Resorts during the second quarter worth $29,000. SJS Investment Consulting Inc. grew its position in Host Hotels & Resorts by 64.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in Host Hotels & Resorts in the 2nd quarter valued at $32,000. Finally, Cedar Mountain Advisors LLC purchased a new position in Host Hotels & Resorts during the 1st quarter worth $35,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.
Host Hotels & Resorts Stock Performance NASDAQ HST opened at $24.44 on Wednesday. The business has a 50 day moving average price of $23.64 and a 200 day moving average price of $20.99. The company has a market capitalization of $16.74 billion, a P/E ratio of 16.63, a PEG ratio of 2.71 and a beta of 1.09. Host Hotels & Resorts, Inc. has a 1-year low of $15.11 and a 1-year high of $25.41. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 7.91.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.31. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Sell-side analysts expect that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current fiscal year.
Host Hotels & Resorts Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 54.42%.
Wall Street Analysts Forecast Growth Several brokerages have recently weighed in on HST. BMO Capital Markets reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a report on Friday, June 12th. JPMorgan Chase & Co. boosted their target price on Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday. Truist Financial increased their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. UBS Group raised their price target on Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Finally, Raymond James Financial restated an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $24.20.
Check Out Our Latest Stock Analysis on Host Hotels & Resorts
Insider Buying and Selling at Host Hotels & Resorts In related news, EVP Nathan S. Tyrrell sold 58,579 shares of Host Hotels & Resorts stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the completion of the transaction, the executive vice president directly owned 697,658 shares in the company, valued at $15,348,476. The trade was a 7.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.
Host Hotels & Resorts Company Profile (Free Report)
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 20:
Alliance Laundry Holdings Inc. (ALH - Free Report) : This commercial laundry systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.
Alliance Laundry Holdings has a PEG ratio of 1.14 compared with 1.35 for the industry. The company possesses a Growth Score of A.
National Energy Services Reunited Corp. (NESR - Free Report) : This oilfield services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.
National Energy Services Reunited has a PEG ratio of 0.32 compared with 0.59 for the industry. The company possesses a Growth Score of B.
Knight-Swift Transportation Holdings Inc. (KNX - Free Report) : This integrated downstream energy company carriesa Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.
Knight-Swift Transportation Holdings has a PEG ratio of 0.92 compared with 1.64 for the industry. The company possesses a Growth Score of B.
See the full list of top-ranked stocks here.
Learn more about the Growth score and how it is calculated here.
California Public Employees Retirement System trimmed its position in GoDaddy Inc. (NYSE:GDDY – Free Report) by 5.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 346,712 shares of the technology company’s stock after selling 18,342 shares during the period. California Public Employees Retirement System owned approximately 0.26% of GoDaddy worth $28,663,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Coldstream Capital Management Inc. raised its holdings in GoDaddy by 4.8% in the third quarter. Coldstream Capital Management Inc. now owns 1,887 shares of the technology company’s stock worth $258,000 after purchasing an additional 86 shares during the period. Main Street Financial Solutions LLC grew its holdings in shares of GoDaddy by 1.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company’s stock valued at $2,185,000 after buying an additional 119 shares during the period. Lido Advisors LLC grew its holdings in shares of GoDaddy by 6.2% in the 4th quarter. Lido Advisors LLC now owns 2,083 shares of the technology company’s stock valued at $283,000 after buying an additional 121 shares during the period. Martin Capital Advisors LLP increased its position in shares of GoDaddy by 1.5% in the 4th quarter. Martin Capital Advisors LLP now owns 9,082 shares of the technology company’s stock valued at $1,127,000 after buying an additional 130 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of GoDaddy by 18.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 832 shares of the technology company’s stock valued at $103,000 after buying an additional 132 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.
Insider Transactions at GoDaddy In other GoDaddy news, CAO Phontip Palitwanon sold 542 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $89.86, for a total value of $48,704.12. Following the sale, the chief accounting officer owned 19,995 shares in the company, valued at approximately $1,796,750.70. The trade was a 2.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mark Mccaffrey sold 3,500 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $82.92, for a total value of $290,220.00. Following the transaction, the chief financial officer directly owned 105,728 shares of the company’s stock, valued at approximately $8,766,965.76. This trade represents a 3.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 16,751 shares of company stock worth $1,480,228 in the last 90 days. 0.93% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth Several research analysts have weighed in on the company. Wells Fargo & Company lifted their target price on GoDaddy from $77.00 to $83.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. JPMorgan Chase & Co. lowered their price target on GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a report on Thursday, June 18th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of GoDaddy in a research report on Tuesday, June 16th. UBS Group assumed coverage on GoDaddy in a report on Tuesday, May 5th. They set a “neutral” rating and a $100.00 price objective on the stock. Finally, Benchmark decreased their price objective on GoDaddy from $195.00 to $185.00 and set a “buy” rating for the company in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, GoDaddy presently has a consensus rating of “Moderate Buy” and an average target price of $118.43.
Check Out Our Latest Report on GoDaddy
GoDaddy Price Performance Shares of NYSE GDDY opened at $92.35 on Wednesday. The company has a fifty day moving average price of $85.78 and a 200 day moving average price of $89.91. The firm has a market cap of $12.23 billion, a PE ratio of 14.61, a PEG ratio of 0.86 and a beta of 0.89. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 15.86. GoDaddy Inc. has a 1-year low of $71.59 and a 1-year high of $171.42.
GoDaddy (NYSE:GDDY – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.07. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.26 billion. GoDaddy had a return on equity of 366.90% and a net margin of 17.32%.The company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the business posted $1.51 EPS. Research analysts predict that GoDaddy Inc. will post 7.15 earnings per share for the current fiscal year.
GoDaddy Company Profile (Free Report)
GoDaddy is a technology company that provides a suite of online services aimed primarily at small businesses, entrepreneurs and individuals looking to establish and grow an online presence. The company’s core activities include domain name registration and aftermarket services, a range of website hosting options, and tools for building, managing and promoting websites. Its product mix is designed to simplify the technical aspects of running a website so customers can focus on their businesses.
Product and service offerings span website builders and managed WordPress hosting, shared and dedicated hosting, e-commerce capabilities, email and productivity solutions, SSL certificates and site security tools, and online marketing and search engine optimization services.
Recommended Stories Five stocks we like better than GoDaddy Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding GDDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GoDaddy Inc. (NYSE:GDDY – Free Report).
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PITTSBURGH--(BUSINESS WIRE)-- #WeAreWabtec--Wabtec Corporation (NYSE: WAB) today reported second quarter 2026 GAAP earnings per diluted share of $2.33, up 18.9% versus the second quarter of 2025. Adjusted earnings per diluted share were $2.76, up 21.6% versus the same quarter a year ago. Second quarter sales were $3.18 billion and cash from operations was $441 million. “Wabtec delivered a strong first half, with solid second quarter execution across our businesses driving robust sales growth, margin expansion.
California Public Employees Retirement System decreased its position in Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report) by 9.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,725 shares of the insurance provider’s stock after selling 16,562 shares during the quarter. California Public Employees Retirement System owned 0.24% of Reinsurance Group of America worth $32,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also bought and sold shares of RGA. Activest Wealth Management purchased a new position in shares of Reinsurance Group of America during the fourth quarter worth approximately $30,000. Tobam boosted its stake in shares of Reinsurance Group of America by 244.7% in the 4th quarter. Tobam now owns 162 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 115 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Reinsurance Group of America during the 4th quarter valued at $35,000. Entrust Financial LLC bought a new position in shares of Reinsurance Group of America during the 4th quarter valued at $40,000. Finally, Advisory Services Network LLC purchased a new position in Reinsurance Group of America in the 3rd quarter worth $38,000. Hedge funds and other institutional investors own 95.11% of the company’s stock.
Insider Buying and Selling In related news, EVP John W. Hayden sold 414 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $214.95, for a total transaction of $88,989.30. Following the completion of the transaction, the executive vice president owned 20,949 shares of the company’s stock, valued at $4,502,987.55. This trade represents a 1.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ronald Herrmann sold 7,000 shares of Reinsurance Group of America stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $210.58, for a total value of $1,474,060.00. Following the transaction, the executive vice president owned 3,938 shares of the company’s stock, valued at $829,264.04. The trade was a 64.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.60% of the company’s stock.
Reinsurance Group of America Stock Down 0.8% Shares of NYSE:RGA opened at $238.97 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.14 and a quick ratio of 0.14. The company has a market cap of $15.65 billion, a PE ratio of 12.95 and a beta of 0.47. The stock’s 50-day moving average is $215.17 and its 200 day moving average is $210.18. Reinsurance Group of America, Incorporated has a 1 year low of $165.52 and a 1 year high of $245.00.
Reinsurance Group of America (NYSE:RGA – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The insurance provider reported $6.97 EPS for the quarter, topping the consensus estimate of $6.03 by $0.94. Reinsurance Group of America had a net margin of 4.92% and a return on equity of 13.16%. The business had revenue of $6.49 billion during the quarter, compared to analyst estimates of $6.47 billion. During the same period last year, the business posted $5.66 earnings per share. Reinsurance Group of America’s quarterly revenue was up 23.5% compared to the same quarter last year. Sell-side analysts anticipate that Reinsurance Group of America, Incorporated will post 26.86 EPS for the current year.
Reinsurance Group of America Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th were issued a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Tuesday, May 19th. Reinsurance Group of America’s dividend payout ratio (DPR) is presently 20.15%.
Analyst Upgrades and Downgrades RGA has been the subject of several recent research reports. UBS Group boosted their price target on shares of Reinsurance Group of America from $220.00 to $236.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Wells Fargo & Company raised their price objective on Reinsurance Group of America from $261.00 to $269.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Evercore reiterated an “outperform” rating and issued a $267.00 price objective on shares of Reinsurance Group of America in a report on Monday, May 18th. Piper Sandler lowered their target price on Reinsurance Group of America from $263.00 to $261.00 and set an “overweight” rating for the company in a research note on Monday, May 11th. Finally, Wall Street Zen upgraded Reinsurance Group of America from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Seven investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Reinsurance Group of America currently has an average rating of “Moderate Buy” and an average price target of $257.50.
Get Our Latest Stock Analysis on Reinsurance Group of America
Reinsurance Group of America Profile (Free Report)
Reinsurance Group of America, Incorporated (NYSE: RGA) is a leading global provider of life and health reinsurance solutions. Headquartered in St. Louis, Missouri, RGA partners with primary insurance companies to help them manage risk, improve capital efficiency and develop innovative products. The company’s offerings span traditional risk transfer, financial solutions and facultative underwriting services, enabling clients to address a wide range of mortality, longevity, morbidity and critical-illness exposures.
RGA’s product suite includes life reinsurance, living benefits reinsurance, structured reinsurance and financial solutions that support product innovation and capital management.
Recommended Stories Five stocks we like better than Reinsurance Group of America Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding RGA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report).
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California Public Employees Retirement System lessened its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 34.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 269,258 shares of the real estate investment trust’s stock after selling 138,697 shares during the period. California Public Employees Retirement System owned 0.23% of Mid-America Apartment Communities worth $32,882,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. State Street Corp grew its holdings in shares of Mid-America Apartment Communities by 1.6% in the third quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock valued at $1,134,520,000 after purchasing an additional 125,130 shares during the period. Norges Bank acquired a new stake in Mid-America Apartment Communities during the fourth quarter worth about $750,603,000. Viking Global Investors LP raised its stake in Mid-America Apartment Communities by 46.7% during the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock worth $538,977,000 after purchasing an additional 1,234,966 shares during the period. Geode Capital Management LLC raised its stake in Mid-America Apartment Communities by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock worth $473,977,000 after purchasing an additional 40,028 shares during the period. Finally, Invesco Ltd. boosted its holdings in Mid-America Apartment Communities by 6.7% in the 4th quarter. Invesco Ltd. now owns 2,154,600 shares of the real estate investment trust’s stock valued at $299,295,000 after purchasing an additional 134,739 shares during the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.
Mid-America Apartment Communities Stock Performance Shares of Mid-America Apartment Communities stock opened at $132.24 on Wednesday. The stock has a market capitalization of $15.39 billion, a price-to-earnings ratio of 40.07 and a beta of 0.74. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. The business has a 50-day moving average of $134.45 and a 200 day moving average of $131.95. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $153.93.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same period in the prior year, the firm earned $2.20 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. As a group, sell-side analysts forecast that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current year.
Mid-America Apartment Communities Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $1.53 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. Mid-America Apartment Communities’s payout ratio is 185.45%.
Insider Activity In related news, Director Tamara D. Fischer bought 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the acquisition, the director owned 1,100 shares in the company, valued at approximately $141,405. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.60% of the company’s stock.
Analyst Ratings Changes Several analysts have recently weighed in on the stock. Scotiabank increased their price target on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the company a “sector underperform” rating in a research note on Thursday, July 9th. Morgan Stanley lifted their price target on shares of Mid-America Apartment Communities from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Piper Sandler upped their price objective on Mid-America Apartment Communities from $140.00 to $143.00 and gave the company a “neutral” rating in a report on Tuesday. Truist Financial increased their price objective on Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Finally, Cantor Fitzgerald cut their target price on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Mid-America Apartment Communities currently has an average rating of “Hold” and an average price target of $144.75.
Check Out Our Latest Research Report on Mid-America Apartment Communities
About Mid-America Apartment Communities (Free Report)
Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.
MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.
Further Reading Five stocks we like better than Mid-America Apartment Communities Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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