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Posted by Defense World Staff on Jul 22nd, 2026

Bank of New York Mellon Corp lessened its stake in Trimble Inc. (NASDAQ:TRMB – Free Report) by 12.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,213,381 shares of the scientific and technical instruments company’s stock after selling 165,132 shares during the period. Bank of New York Mellon Corp owned 0.52% of Trimble worth $79,149,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC raised its stake in shares of Trimble by 4.0% during the first quarter. Sanctuary Advisors LLC now owns 27,411 shares of the scientific and technical instruments company’s stock valued at $1,788,000 after acquiring an additional 1,065 shares in the last quarter. Calamos Advisors LLC purchased a new stake in shares of Trimble in the first quarter valued at approximately $213,000. J. Safra Sarasin Holding AG grew its stake in Trimble by 2.1% in the first quarter. J. Safra Sarasin Holding AG now owns 136,761 shares of the scientific and technical instruments company’s stock worth $8,901,000 after purchasing an additional 2,811 shares in the last quarter. Lifeworks Advisors LLC increased its holdings in Trimble by 13.8% during the 1st quarter. Lifeworks Advisors LLC now owns 8,502 shares of the scientific and technical instruments company’s stock worth $555,000 after purchasing an additional 1,033 shares during the period. Finally, Fifth Third Bancorp increased its holdings in Trimble by 383.5% during the 1st quarter. Fifth Third Bancorp now owns 65,539 shares of the scientific and technical instruments company’s stock worth $4,275,000 after purchasing an additional 51,984 shares during the period. 93.21% of the stock is owned by hedge funds and other institutional investors.

Trimble Stock Performance TRMB opened at $51.85 on Wednesday. The company has a market cap of $12.09 billion, a P/E ratio of 27.29, a price-to-earnings-growth ratio of 1.77 and a beta of 1.38. The company has a quick ratio of 0.88, a current ratio of 1.01 and a debt-to-equity ratio of 0.25. The firm’s 50-day moving average price is $53.02 and its 200-day moving average price is $63.00. Trimble Inc. has a 52-week low of $47.92 and a 52-week high of $87.50.

Trimble (NASDAQ:TRMB – Get Free Report) last released its earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. The company had revenue of $939.90 million for the quarter, compared to the consensus estimate of $905.60 million. Trimble had a net margin of 12.38% and a return on equity of 11.61%. Trimble’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.61 EPS. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. As a group, equities analysts anticipate that Trimble Inc. will post 3 EPS for the current fiscal year.

Wall Street Analyst Weigh In A number of research firms have recently issued reports on TRMB. Barclays dropped their price objective on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Wells Fargo & Company lowered their target price on Trimble from $70.00 to $61.00 and set an “overweight” rating for the company in a report on Tuesday, July 14th. Weiss Ratings cut Trimble from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Robert W. Baird reduced their price target on Trimble from $90.00 to $85.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Trimble has a consensus rating of “Moderate Buy” and an average price target of $83.78.

Check Out Our Latest Stock Analysis on TRMB

About Trimble (Free Report)

Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.

Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.

See Also Five stocks we like better than Trimble 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 TRMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trimble Inc. (NASDAQ:TRMB – Free Report).

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, /PRNewswire/ -- CME Group Inc. (NASDAQ: CME) today reported financial results for the second quarter of 2026.

The company reported revenue of $1.7 billion and operating income of $1.1 billion for the second quarter of 2026. Net income was $1.0 billion and diluted earnings per common share were $2.88. On an adjusted basis, operating income was $1.2 billion, net income was $1.1 billion and diluted earnings per common share were $2.99. Financial results presented on an adjusted basis for the second quarter of 2026 and 2025 exclude certain items, which are detailed in the reconciliation of non-GAAP results.1    

"The first half of 2026 was the strongest in CME Group's history," said CME Group Chairman and Chief Executive Officer Terry Duffy. "We delivered record H1 performance across revenue, adjusted operating income, adjusted net income and adjusted earnings per share, all of which were powered by record trading in Q1 and our second-highest Q2 volumes ever. During Q2, market data revenue increased 20% to a record $238 million. Importantly, we provided more than $95 billion in daily margin efficiencies during the quarter, a new high that represents unparalleled capital savings that our clients can redeploy in their businesses. We also continue to innovate a number of new tools to help clients manage risk and pursue opportunities, including Single-Stock futures, 1-Ounce Gold contracts available 24/7, U.S. Treasury clearing and Compute futures."

Second-quarter 2026 average daily volume (ADV) was the third highest quarterly ADV reaching 29.8 million contracts, which included non-U.S. ADV of 9.1 million contracts.

Clearing and transaction fees revenue for second-quarter 2026 totaled $1.4 billion. The total average rate per contract was $0.678. Market data revenue totaled a record $238 million for second-quarter 2026.

1. A reconciliation of the non-GAAP financial results mentioned to the respective GAAP figures can be found within the Reconciliation of Adjusted Operating Income and Adjusted Net Income and Adjusted Earnings per Common Share charts at the end of the financial statements.

As of June 30, 2026, the company had $2.3 billion in cash (including $200 million deposited with Fixed Income Clearing Corporation, which is included in other current assets) and $3.4 billion of debt. The company paid dividends during the second quarter of approximately $468 million and repurchased $695 million in CME Group common shares.

CME Group will hold a Q&A conference call to discuss second-quarter 2026 results at 8:30 a.m. Eastern Time today. A live audio webcast of the Q&A call will be available on the Investor Relations section of CME Group's website at investor.cmegroup.com under Events & Presentations. An archived recording will be available for up to two months after the call.

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.    

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.

Statements in this press release that are not historical facts are forward-looking statements.  These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any forward-looking statements. We want to caution you not to place undue reliance on any forward-looking statements. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the factors that might affect our performance are increasing competition by foreign and domestic entities, including increased competition from new entrants into our markets and consolidation of existing entities; our ability to keep pace with rapid technological developments, including our ability to complete the development, implementation and maintenance of the enhanced functionality required by our customers while maintaining reliability and ensuring that such technology is not vulnerable to security risks; our ability to continue introducing innovative and competitive new products and services on a timely, cost-effective basis, including through our electronic trading capabilities, and derive revenues that are commensurate with our efforts and expectations, and our ability to maintain the competitiveness of our existing products and services; our ability to adjust our fixed costs and expenses if our revenues decline; our ability to manage variable costs associated with CME Group's transition to the Google Cloud, and minimize duplicative costs of maintaining both on-premise and Google Cloud environments during the transition; the resilience of our electronic platforms and the soundness of our business continuity and disaster recovery plans, including in the event of cyberattacks and cyberterrorism or as impacted by a failure of or disruption at one of our suppliers; our ability to maintain existing customers at substantially similar trading levels, develop strategic relationships and attract new customers; our ability to expand and globally offer our products and services; changes in regulations, including the impact of any changes in laws or government policies with respect to our products or services or our industry, such as any changes to regulations and policies that require increased financial and operational resources from us or our customers, as well as the impact of tariffs and tax policy changes, restrictions on our ability to offer CME Group products and services in specific geographies or to specific customers or limitations or changes in underlying/physical product flows across geographies; the costs associated with protecting our intellectual property rights and our ability to operate our business without violating the intellectual property rights of others; decreases in revenue from our market data as a result of decreased demand or changes to regulations in various jurisdictions; changes in our rate per contract due to shifts in the mix of the products traded, the trading venue and the mix of customers (whether the customer receives member or non-member fees or participates in one of our various incentive programs) and the impact of our tiered pricing structure; the ability of our credit and liquidity risk management practices to adequately protect us from the credit risks of clearing firms and other counterparties, and to satisfy the margin and liquidity requirements associated with the BrokerTec matched principal business; the ability of our compliance and risk management programs to effectively monitor and manage our risks, including our ability to prevent errors and misconduct and protect our infrastructure against security breaches and misappropriation of our intellectual property assets; our dependence on third-party providers and exposure to risk from third parties, including risks related to the performance, reliability and security of technology used by, or facilities provided by, our third-party providers and third-party providers that our clients and third-parties rely on; our reliance on third-party distribution partners, including independent software vendors, futures commission merchants, introducing brokers, broker-dealers, regulatory reporting and data distributors and platform operators, and other partners, for facilitating trading and for market data information, and potential impacts from changes in their business models and priorities; volatility in commodity, equity and fixed income prices, and price volatility of financial benchmarks and instruments such as interest rates, equity indices, fixed income instruments and foreign exchange rates; economic, social, political and market conditions, including new and existing geopolitical tensions or conflicts, the volatility of the capital and credit markets and the impact of economic conditions on the trading activity of our current and potential customers; our ability to accommodate increases in contract volume and market data and order transaction traffic across the entire trade cycle and the ability to implement enhancements meeting our regulatory obligations and customer needs without failure or degradation of the performance of our trading and clearing systems; our ability to execute our growth strategy and maintain our growth effectively; our ability to manage the risks, control the costs and achieve the synergies associated with our strategy for acquisitions, investments, alliances, strategic partnerships and joint ventures; variances in earnings on cash accounts and collateral that our clearing house holds; impact of CME Group pricing/fee level and structure and incentive changes; impact of aggregation services and internalization on trade flow and volumes; any negative financial impacts from changes to the terms of intellectual property and index rights; our ability to continue to generate funds and/or manage our indebtedness to allow us to continue to invest in our business; industry, channel partner and customer consolidation and/or concentration; decreases in trading and clearing activity; the imposition of a transaction tax or user fee on futures and options transactions and/or repeal of the 60/40 tax treatment of such transactions; increases in effective tax rates, borrowing costs, or changes in tax policy; our ability to maintain our brand and reputation; and the unfavorable resolution of material legal proceedings. For a detailed discussion and additional information concerning these and other factors that might affect our performance, see our other recent periodic filings, including our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission ("SEC") on February 26, 2026, under the caption "Risk Factors".

CME Group Inc. and Subsidiaries

Consolidated Balance Sheets

(in millions)

June 30, 2026

December 31, 2025

ASSETS

Current Assets:

Cash and cash equivalents

$                 2,144.2

$                 4,416.9

Marketable securities

131.4

125.0

Accounts receivable, net of allowance

753.1

639.2

Other current assets (includes $4.4 and $6.5 in restricted cash)

491.7

522.1

Performance bonds and guaranty fund contributions

158,110.7

159,656.1

Total current assets

161,631.1

165,359.3

Property, net of accumulated depreciation and amortization

351.2

362.7

Intangible assets—trading products

17,175.3

17,175.3

Intangible assets—other, net

2,494.6

2,610.7

Goodwill

10,505.8

10,514.7

Other assets

2,518.6

2,401.5

Total Assets

$             194,676.6

$             198,424.2

LIABILITIES AND EQUITY

Current Liabilities:

Accounts payable

$                      68.0

$                      71.8

Other current liabilities

538.6

568.8

Performance bonds and guaranty fund contributions

158,110.7

159,656.1

Total current liabilities

158,717.3

160,296.7

Long-term debt

3,424.2

3,422.3

Deferred income tax liabilities, net

5,220.9

5,242.2

Other liabilities

793.8

734.8

Total Liabilities

168,156.2

169,696.0

Total CME Group Shareholders' Equity

26,520.4

28,728.2

Total Liabilities and Equity

$             194,676.6

$             198,424.2

CME Group Inc. and Subsidiaries

Consolidated Statements of Income

(dollars in millions, except per share amounts; shares in thousands)

Quarter Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Revenues

Clearing and transaction fees

$   1,352.5

$   1,388.0

$  2,895.1

$  2,725.3

Market data and information services

238.1

198.1

462.2

392.6

Other

115.6

105.9

229.0

216.4

Total Revenues

1,706.2

1,692.0

3,586.3

3,334.3

Expenses

Compensation and benefits

233.5

221.6

456.5

428.3

Technology

83.3

70.9

159.9

136.6

Professional fees and outside services

29.1

37.4

57.3

65.9

Amortization of purchased intangibles

56.0

56.1

112.1

111.3

Depreciation and amortization

28.2

27.3

55.4

54.6

Licensing and other fee agreements

109.1

96.2

215.9

192.8

Other

59.9

53.2

112.4

107.5

Total Expenses

599.1

562.7

1,169.5

1,097.0

Operating Income

1,107.1

1,129.3

2,416.8

2,237.3

Non-Operating Income (Expense)

Investment income

1,429.7

1,518.4

2,819.0

2,411.1

Interest and other borrowing costs

(43.6)

(44.0)

(87.2)

(85.7)

Equity in net earnings of unconsolidated subsidiaries

97.7

99.0

200.1

187.2

Other non-operating income (expense)

(1,263.2)

(1,372.4)

(2,510.1)

(2,174.8)

Total Non-Operating Income (Expense)

220.6

201.0

421.8

337.8

Income before Income Taxes

1,327.7

1,330.3

2,838.6

2,575.1

Income tax provision

285.9

305.2

642.5

593.8

Net Income

$   1,041.8

$   1,025.1

$  2,196.1

$  1,981.3

Net Income Attributable to Common Shareholders of
CME Group - Basic(1)

$   1,041.8

$   1,012.2

$  2,200.4

$  1,956.4

Net Income Attributable to Common Shareholders of
CME Group - Diluted(1)

$   1,041.8

$   1,012.2

$  2,196.1

$  1,956.4

Earnings per Share Attributable to Common
Shareholders of CME Group:

Basic

$         2.89

$         2.81

$        6.11

$        5.44

Diluted

2.88

2.81

6.06

5.43

Weighted Average Number of Common Shares:

Basic

360,684

359,658

360,005

359,636

Diluted(2)

361,282

360,355

362,233

360,297

1. The difference between Net Income and Net Income Attributable to Common Shareholders of CME Group - Basic and Diluted is the result of the distribution of earnings allocated to preferred shares.

2. Preferred shares of 4,584,000 were all converted to Class A Common stock on March 5, 2026 with their weighted-average impact included in the Diluted shares starting in the first quarter of 2026.

CME Group Inc. and Subsidiaries

Reconciliation of Adjusted Operating Income

(dollars in millions)

Quarter Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Total Revenues

$    1,706.2

$    1,692.0

$  3,586.3

$  3,334.3

Adjusted Total Revenues

$    1,706.2

$    1,692.0

$  3,586.3

$  3,334.3

Total Expenses

$       599.1

$       562.7

$  1,169.5

$  1,097.0

Restructuring and severance

(6.0)

(1.4)

(10.0)

(2.5)

Deferred compensation(1)

(12.4)

(7.7)

(11.6)

(5.5)

Amortization of purchased intangibles

(56.0)

(56.2)

(112.1)

(111.3)

Strategic transaction-related (costs) credits

(1.0)

(2.8)

(1.6)

(2.8)

Real estate-related (costs) credits

0.7

8.1

—

8.1

Foreign exchange transaction gains (losses)

(0.3)

(3.5)

0.6

(5.9)

Unrealized and realized gains (losses) on assets

—

(0.4)

—

(0.4)

Litigation matters or settlements

(2.9)

(7.6)

(1.9)

(10.9)

Adjusted Total Expenses

$       521.2

$       491.2

$  1,032.9

$      965.8

Operating Income

$    1,107.1

$    1,129.3

$  2,416.8

$  2,237.3

Adjusted Operating Income

$    1,185.0

$    1,200.8

$  2,553.4

$  2,368.5

1. Includes $12.4 million and $11.6 million for changes in our non-qualified deferred compensation liability in the second quarter and first six months of 2026. This impact does not affect net income and adjusted net income, because the compensation and benefits change has an equal and offsetting change in investment income.

CME Group Inc. and Subsidiaries

Reconciliation of Adjusted Net Income and Adjusted Earnings per Common Share

(dollars in millions, except per share amounts; shares in thousands)

Quarter Ended

June 30,

Six Months Ended

June 30,

2026

2025

2026

2025

Net Income

$    1,041.8

$    1,025.1

$  2,196.1

$  1,981.3

Restructuring and severance

6.0

1.4

10.0

2.5

Amortization of purchased intangibles(1)

60.0

69.4

120.1

137.6

Strategic transaction-related costs (credits)(2)

0.3

2.8

0.4

2.8

Real estate-related costs (credits)

(0.7)

(8.1)

—

(8.1)

Foreign exchange transaction (gains) losses

0.3

3.6

(0.6)

6.0

Unrealized and realized (gains) losses on investments

(3.9)

—

19.0

6.4

Unrealized and realized (gains) losses on assets

—

0.4

—

0.4

Litigation matters or settlements

2.9

7.6

1.9

10.9

Income tax effect related to above

(15.3)

(15.5)

(36.3)

(31.6)

Other income tax items(3)

(9.7)

(7.3)

(8.8)

(8.9)

Adjusted Net Income

$    1,081.7

$    1,079.4

$  2,301.8

$  2,099.3

Adjusted Net Income Attributable to Common
Shareholders of CME Group - Basic(4)

$    1,081.7

$    1,065.8

$  2,305.6

$  2,072.9

Adjusted Net Income Attributable to Common
Shareholders of CME Group - Diluted(4)

$    1,081.7

$    1,065.8

$  2,301.8

$  2,072.9

Earnings per Share Attributable to Common Shareholders of CME Group:

     Basic

$         2.89

$         2.81

$       6.11

$       5.44

     Diluted

2.88

2.81

6.06

5.43

Adjusted Earnings per Share Attributable to Common Shareholders of CME
Group:

     Basic

$         3.00

$         2.96

$       6.40

$       5.76

     Diluted

2.99

2.96

6.35

5.75

Weighted Average Number of Common Shares:

     Basic

360,684

359,658

360,005

359,636

     Diluted(5)

361,282

360,355

362,233

360,297

1. Includes $2.6 million and $5.2 million of amortization of purchased intangibles at S&P Dow Jones Indices LLC and $1.4 million and $2.8 million of amortization of purchased intangibles at FanDuel Prediction Markets Holdings LLC in the second quarter and first six months of 2026. This is reported in Equity in net earnings of unconsolidated subsidiaries on the Consolidated Statements of Income.

2. The values shown above may differ from what is shown in the Reconciliation of Adjusted Operating Income as that schedule does not include adjustment items or portions of items included in non-operating results.

3. Other income tax items in the second quarter of 2026 include benefits related to the resolution of certain state income tax examinations and adjustments to tax reserves and tax receivables.

4. The difference between Adjusted Net Income and Adjusted Net Income Attributable to Common Shareholders of CME Group - Basic and Diluted is the result of the distribution of earnings allocated to preferred shares.

5. Preferred shares of 4,584,000 were all converted to Class A Common stock on March 5, 2026 with their weighted-average impact included in the Diluted shares starting in the first quarter of 2026.

CME Group Inc. and Subsidiaries

Quarterly Operating Statistics

2Q 2025

3Q 2025

4Q 2025

1Q 2026

2Q 2026

Trading Days

62

64

64

61

62

Quarterly Average Daily Volume (ADV)(1)

CME Group ADV (in thousands)

Product Line

2Q 2025

3Q 2025

4Q 2025

1Q 2026

2Q 2026

Interest rates

15,472

13,378

13,010

18,674

14,532

Equity indexes

7,661

6,278

7,738

8,655

8,633

Foreign exchange

1,096

834

853

1,193

989

Energy

3,082

2,295

2,523

3,985

2,667

Agricultural commodities

1,964

1,712

1,787

2,042

2,080

Metals

943

825

1,441

1,682

941

Total

30,217

25,322

27,353

36,231

29,843

Venue

CME Globex

28,097

23,418

25,542

33,633

27,935

Open outcry

993

989

816

1,241

830

Privately negotiated

1,127

915

995

1,357

1,078

Total

30,217

25,322

27,353

36,231

29,843

Quarterly Average Rate Per Contract (RPC)(1)

CME Group RPC

Product Line

2Q 2025

3Q 2025

4Q 2025

1Q 2026

2Q 2026

Interest rates

$          0.481

$          0.487

$          0.486

$          0.457

$          0.480

Equity indexes

0.635

0.652

0.611

0.597

0.605

Foreign exchange

0.772

0.841

0.847

0.780

0.813

Energy

1.138

1.214

1.245

1.084

1.131

Agricultural commodities

1.435

1.423

1.427

1.344

1.426

Metals

1.456

1.505

1.295

1.153

1.315

Average RPC

$          0.690

$          0.702

$          0.707

$          0.652

$          0.678

1. ADV and RPC includes futures and options on futures only.

CME-G

SOURCE CME Group

22.7.2026 13:12, T

Americký telekomunikační operátor AT&T zveřejnil hospodářské výsledky za druhé čtvrtletí roku 2026. Čistý přírůstek postpaid mobilních zákazníků překonal průměrný odhad analytiků. Nad očekáváním byly rovněž očištěný zisk na akcii a očištěná EBITDA.

Výsledky společnosti AT&T (T) za 2Q 2026   2Q 2026 Konsensus 2Q 2026 2Q 2025 Výnosy (mld. USD) 31,56 31,77 30,85 Čistý zisk (mld. USD) 4,59 -- 4,46 Očištěný zisk na akcii (EPS, USD/akcie) 0,65 0,59 0,54 Výsledky za 2Q Výnosy meziročně vzrostly o 2,6 % na 31,56 mld. USD.

Čistý přírůstek postpaid mobilních zákazníků dosáhl 432 000, nad odhadem 325 264. Míra odchodovosti (churn) u postpaid zákazníků s pouze mobilním tarifem činila 0,86 %.

Očištěná EBITDA vzrostla meziročně o 5,1 % na 12,3 mld. USD, nad odhadem 12,1 mld. USD.

Volný hotovostní tok dosáhl 4,7 mld. USD.

Výhled na FY 2026 Firma potvrzuje celoroční výhled pro rok 2026:

Volný hotovostní tok alespoň 18 mld. USD (konsensus: 18,17 mld. USD). Očištěný zisk na akcii 2,25–2,35 USD (konsensus: 2,32 USD). Růst očištěné EBITDA o 3 % až 4 %. Komentář vedení John Stankey, předseda představenstva a generální ředitel AT&T, uvedl: „Zrychlený růst, kterého jsme dosáhli v tomto čtvrtletí, ukazuje naše strukturální výhody vést další éru konektivity. Zrychlujeme tempo plánovaných zpětných odkupů akcií na letošní rok na přibližně 10 mld. USD, což odráží naši důvěru v naši tržní pozici. Díky vedoucímu postavení ve vláknové optice – nejlepší dostupné konektivní technologii – věříme, že náš výkon sítě a provozní rozsah nemají konkurenci.“

Návrat kapitálu akcionářům Společnost za čtvrtletí vrátila akcionářům 4,1 mld. USD, z toho přibližně 2,2 mld. USD formou zpětného odkupu akcií v rámci programu z roku 2024.

Návrat kapitálu akcionářům, zdroj: AT&T

Akcie AT&T Akcie AT&T (T) v předburzovní fázi obchodování rostou o 3,23 % na 22,98 USD.

Akcie AT&T Inc (T) před výsledky uzavřely na 22,26 USD Ukazatel   Ukazatel   Kapitalizace (mld. USD) 154,7 P/E 12,4 Vývoj za letošní rok (%) -10,4 Očekávané P/E 9,6 52týdenní minimum (USD) 19,9 Prům. cílová cena (USD) 29,2 52týdenní maximum (USD) 29,8 Dividendový výnos (%) 5,0 Zdroj: AT&T, Bloomberg

Michal Šnobl, Fio banka, a.s.

Posted by Defense World Staff on Jul 22nd, 2026

Baader Bank Aktiengesellschaft purchased a new stake in PACCAR Inc. (NASDAQ:PCAR – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,660 shares of the company’s stock, valued at approximately $768,000.

Other large investors have also modified their holdings of the company. Nomura Asset Management Co. Ltd. grew its holdings in shares of PACCAR by 2.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 413,489 shares of the company’s stock worth $45,281,000 after purchasing an additional 9,524 shares during the period. Nordea Investment Management AB raised its holdings in PACCAR by 12.6% in the fourth quarter. Nordea Investment Management AB now owns 122,451 shares of the company’s stock valued at $13,487,000 after buying an additional 13,668 shares during the period. Merit Financial Group LLC raised its holdings in PACCAR by 165.8% in the fourth quarter. Merit Financial Group LLC now owns 24,319 shares of the company’s stock valued at $2,663,000 after buying an additional 15,169 shares during the period. Vanguard Group Inc. lifted its position in PACCAR by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 63,475,226 shares of the company’s stock valued at $6,951,172,000 after buying an additional 363,782 shares in the last quarter. Finally, Swiss Life Asset Management Ltd lifted its position in PACCAR by 118.2% during the fourth quarter. Swiss Life Asset Management Ltd now owns 638,688 shares of the company’s stock valued at $69,943,000 after buying an additional 345,937 shares in the last quarter. 64.90% of the stock is currently owned by institutional investors and hedge funds.

PACCAR Stock Up 1.5% Shares of NASDAQ:PCAR opened at $126.25 on Wednesday. The company has a quick ratio of 2.91, a current ratio of 3.11 and a debt-to-equity ratio of 0.52. PACCAR Inc. has a 52-week low of $92.25 and a 52-week high of $131.88. The company has a 50 day moving average of $117.82 and a two-hundred day moving average of $119.87. The company has a market capitalization of $66.44 billion, a price-to-earnings ratio of 26.86, a price-to-earnings-growth ratio of 1.14 and a beta of 0.97.

PACCAR (NASDAQ:PCAR – Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $1.15 EPS for the quarter, hitting analysts’ consensus estimates of $1.15. The business had revenue of $6.78 billion for the quarter, compared to analysts’ expectations of $6.44 billion. PACCAR had a net margin of 8.91% and a return on equity of 12.81%. The business’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.46 earnings per share. As a group, analysts forecast that PACCAR Inc. will post 5.66 earnings per share for the current fiscal year.

PACCAR Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 12th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $1.40 annualized dividend and a yield of 1.1%. PACCAR’s payout ratio is 29.79%.

Wall Street Analyst Weigh In Several equities research analysts have issued reports on the stock. Evercore set a $139.00 price objective on shares of PACCAR in a research note on Monday, May 11th. Morgan Stanley raised their target price on shares of PACCAR from $109.00 to $113.00 and gave the company an “equal weight” rating in a research note on Friday, July 17th. BNP Paribas Exane assumed coverage on shares of PACCAR in a report on Tuesday, March 31st. They set a “neutral” rating and a $126.00 target price on the stock. Weiss Ratings cut shares of PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Finally, Truist Financial increased their price target on PACCAR from $126.00 to $131.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $124.18.

Read Our Latest Analysis on PACCAR

PACCAR Profile (Free Report)

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.

Recommended Stories Five stocks we like better than PACCAR 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 PCAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PACCAR Inc. (NASDAQ:PCAR – Free Report).

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ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL), a leading leisure travel company, today reported second quarter 2026 financial results for the three months ended June 30, 2026. Highlights and outlook include: Net revenue of $1.06 billion. Gross VOI sales of $693 million, up 4% and 6% year-over-year, respectively(1) Net income of $109 million (diluted earnings per share of $1.72) Adjusted EBITDA of $269 million and Adjusted diluted earnings per share of $1.88, representing 8% an.

Posted by Defense World Staff on Jul 22nd, 2026

California Public Employees Retirement System lowered its holdings in W.R. Berkley Corporation (NYSE:WRB – Free Report) by 35.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 502,561 shares of the insurance provider’s stock after selling 270,746 shares during the period. California Public Employees Retirement System owned approximately 0.13% of W.R. Berkley worth $33,310,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mitsui Sumitomo Insurance Co. Ltd. bought a new position in shares of W.R. Berkley in the fourth quarter worth approximately $3,542,919,000. Vanguard Group Inc. lifted its position in W.R. Berkley by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 37,033,581 shares of the insurance provider’s stock valued at $2,596,795,000 after purchasing an additional 309,828 shares during the last quarter. State Street Corp grew its stake in W.R. Berkley by 1.0% in the 3rd quarter. State Street Corp now owns 14,921,114 shares of the insurance provider’s stock worth $1,143,256,000 after buying an additional 149,605 shares in the last quarter. Norges Bank bought a new position in shares of W.R. Berkley in the 4th quarter worth $435,752,000. Finally, Invesco Ltd. raised its position in shares of W.R. Berkley by 0.4% during the 4th quarter. Invesco Ltd. now owns 4,913,337 shares of the insurance provider’s stock valued at $344,523,000 after buying an additional 20,538 shares in the last quarter. Institutional investors own 68.82% of the company’s stock.

W.R. Berkley Stock Performance NYSE WRB opened at $72.39 on Wednesday. The company has a 50-day simple moving average of $68.72 and a two-hundred day simple moving average of $68.35. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.29. W.R. Berkley Corporation has a 12-month low of $62.87 and a 12-month high of $78.96. The firm has a market cap of $26.95 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 3.45 and a beta of 0.29.

W.R. Berkley (NYSE:WRB – Get Free Report) last released its quarterly earnings data on Monday, July 20th. The insurance provider reported $1.27 EPS for the quarter, topping the consensus estimate of $1.08 by $0.19. W.R. Berkley had a return on equity of 19.49% and a net margin of 12.94%.The firm had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the previous year, the business earned $1.05 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis. On average, equities analysts forecast that W.R. Berkley Corporation will post 4.66 EPS for the current year.

W.R. Berkley Increases Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 23rd were paid a $0.10 dividend. This is an increase from W.R. Berkley’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. W.R. Berkley’s payout ratio is presently 8.21%.

Analysts Set New Price Targets WRB has been the topic of a number of research analyst reports. Mizuho increased their target price on W.R. Berkley from $72.00 to $74.00 and gave the company a “neutral” rating in a research note on Tuesday. Wall Street Zen upgraded W.R. Berkley from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Brean Capital cut W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 price objective on the stock. in a report on Wednesday, March 25th. Bank of America restated an “underperform” rating and issued a $68.00 target price (down from $74.00) on shares of W.R. Berkley in a research report on Thursday, July 16th. Finally, Barclays reaffirmed an “underweight” rating and issued a $62.00 target price (down from $64.00) on shares of W.R. Berkley in a research note on Friday, June 12th. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat, W.R. Berkley has an average rating of “Reduce” and an average price target of $70.44.

Read Our Latest Stock Report on W.R. Berkley

More W.R. Berkley News Here are the key news stories impacting W.R. Berkley this week:

Positive Sentiment: WRB beat Q2 earnings expectations and posted better-than-expected revenue, suggesting solid underlying business momentum and stronger-than-anticipated underwriting results. Positive Sentiment: The quarter benefited from premium growth, higher investment income, and lower catastrophe losses, all of which are favorable for insurers’ profitability. Positive Sentiment: Analysts turned more constructive after the report, with Truist raising its price target to $83 and maintaining a buy rating, while Mizuho also lifted its target to $74. Neutral Sentiment: Some coverage noted that revenue missed certain Wall Street expectations in a separate headline, but the earnings beat and strong insurance fundamentals appear to be outweighing that concern. About W.R. Berkley (Free Report)

W. R. Berkley Corporation (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.

The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.

See Also Five stocks we like better than W.R. Berkley 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 WRB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for W.R. Berkley Corporation (NYSE:WRB – Free Report).

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Here are three stocks with buy rank and strong value characteristics for investors to consider today, July 22:

Yext, Inc. (YEXT - Free Report) : This consumer information platform company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 21.4% over the last 60 days.

Yext has a price-to-earnings ratio (P/E) of 8.01 compared with 9.60 for the industry. The company possesses a Value Scoreof A.

Apogee Enterprises, Inc. (APOG - Free Report) : This architectural products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 3.9% over the last 60 days.

Apogee has a price-to-earnings ratio (P/E) of 13.32 compared with 22.68 for the S&P. The company possesses a Value Score of A.

LCNB Corp. (LCNB - Free Report) : This financial holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.6% over the last 60 days.

LCNB has a price-to-earnings ratio (P/E) of 11.45 compared with 22.68 for the S&P. The company possesses a Value Score of B.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.

Otis delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends

Second quarter 2026

Net sales up 7% and organic sales up 6%, driven by Service net sales up 11% with organic sales up 9%, and New Equipment net sales flat with organic sales down (1)%, improving sequentially GAAP operating profit up $28 million and adjusted operating profit down $25 million Modernization orders up 9% at constant currency, backlog up 24%, 26% at constant currency Operating cash flow of $267 million; adjusted free cash flow of $290 million Share repurchases of approximately $400 million First half 2026

Net sales up 7% and organic sales up 4%, driven by Service net sales up 11% with organic sales up 7% GAAP operating profit up $156 million and adjusted operating profit down $35 million Operating cash flow of $680 million; adjusted free cash flow of $562 million Share repurchases of approximately $800 million , /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported second quarter 2026 net sales of $3.9 billion with organic sales up 6% versus the prior year. GAAP earnings per share (EPS) increased 13% to $1.12 and adjusted EPS decreased 4% to $1.01.

"Otis delivered a solid quarter, with net sales up 7%, supported by growth across all Service lines and sequential improvement in New Equipment trends. Our strategy, actions and investments in Service quality are gaining traction as evidenced by double-digit growth in both modernization and repair sales with maintenance growth also accelerating, contributing to Service sales growth that matched the highest level achieved since spin," said Chair, CEO & President Judy Marks. "Strong backlog in both modernization and New Equipment provides good visibility and supports our expectation for continued growth in the quarters ahead. We remain confident in the long-term growth opportunities across our Service portfolio. An aging installed base and our customers' increasing focus on reliability, uptime and Service quality are driving favorable demand in both modernization and repair, contributing to drive sustained growth and value creation."

Judy Marks continued, "As we look to the second half of the year and take a measured approach to our outlook, we remain confident in the durability of our Service-led growth model. We are continuing to invest in our strategic priorities including Service quality, pricing initiatives, and the application of digital technology with a focus on front-line operating excellence and strong execution across the globe. This Service-driven strategy reinforces our conviction in the long-term growth potential of the business and our ability to deliver sustainable value creation for shareholders over time."

Key Figures

Quarter Ended June 30,

Six Months Ended June 30,

(dollars in millions, except per share
amounts)

2026

2025

Y/Y

Y/Y
(CFX)

2026

2025

Y/Y

Y/Y
(CFX)

Net sales

$  3,859

$  3,595

7 %

6 %

$  7,425

$  6,945

7 %

4 %

Organic sales growth

6 %

4 %

GAAP

Operating profit

$    575

$    547

$     28

$  1,114

$    958

$    156

Operating profit margin

14.9 %

15.2 %

(30) bps

15.0 %

13.8 %

120 bps

Net income

$    428

$    393

9 %

$    768

$    636

21 %

Earnings per share

$   1.12

$   0.99

13 %

$   1.99

$   1.60

24 %

Adjusted non-GAAP comparison

Operating profit

$    587

$    612

$   (25)

$  (32)

$  1,137

$  1,172

$   (35)

$  (70)

Operating profit margin

15.2 %

17.0 %

(180) bps

15.3 %

16.9 %

(160) bps

Net income

$    389

$    416

(6) %

$    736

$    784

(6) %

Earnings per share

$   1.01

$   1.05

(4) %

$   1.90

$   1.97

(4) %

Second quarter net sales of $3.9 billion, increased 7% versus the prior year, driven by Service sales with growth in all lines of business.

Second quarter GAAP operating profit of $575 million increased $28 million driven primarily by the absence of UpLift transformation costs, separation-related adjustments, and other non-recurring items in the prior year. Adjusted operating profit of $587 million decreased $25 million at actual currency and $32 million at constant currency, driven by growth in Service more than offset by a decline in New Equipment and other corporate adjustments. GAAP operating profit margin contracted 30 basis points to 14.9% and adjusted operating profit margin of 15.2% declined 180 basis points versus the prior year driven by unfavorable segment performance and other corporate adjustments, partially offset by segment mix. The performance was impacted by ongoing investment in key Service growth initiatives, which were expanded this year to capitalize on strong repair and modernization demand, enhance Service excellence, and build long-term pricing capabilities.

GAAP EPS of $1.12 increased 13% compared to the prior year primarily driven by the absence of UpLift transformation costs, separation-related adjustments, and other non-recurring items in the prior year. Adjusted EPS of $1.01 decreased 4% driven by operational performance, higher interest, and higher tax rate, partially offset by favorable foreign exchange rates, a lower share count, and lower noncontrolling interest.

Service

Quarter Ended June 30,

Six Months Ended June 30,

(dollars in millions)

2026

2025

Y/Y

Y/Y
(CFX)

2026

2025

Y/Y

Y/Y
(CFX)

Net sales

$ 2,580

$ 2,319

11 %

10 %

$ 4,997

$ 4,506

11 %

8 %

Organic sales

9 %

7 %

Segment operating profit

$   599

$   578

$     21

$     16

$ 1,155

$ 1,115

$     40

$      6

Segment operating profit margin

23.2 %

24.9 %

(170) bps

23.1 %

24.7 %

(160) bps

In the second quarter, net sales of $2.6 billion increased 11%, with a 9% increase in organic sales. Organic maintenance and repair sales increased 6% and organic modernization sales increased 24%.

Segment operating profit of $599 million increased $21 million at actual currency and increased $16 million at constant currency as higher volume and favorable pricing more than offset higher labor cost including the impact of ongoing strategic initiatives and productivity, material cost headwinds and unfavorable mix. Segment operating profit margin contracted 170 basis points to 23.2%.

New Equipment

Quarter Ended June 30,

Six Months Ended June 30,

(dollars in millions)

2026

2025

Y/Y

Y/Y
(CFX)

2026

2025

Y/Y

Y/Y
(CFX)

Net sales

$ 1,279

$ 1,276

0 %

(1) %

$ 2,428

$ 2,439

(0) %

(3) %

Organic sales

(1) %

(3) %

Segment operating profit

$     40

$     68

$   (28)

$   (30)

$     78

$   134

$   (56)

$   (57)

Segment operating profit margin

3.1 %

5.3 %

(220) bps

3.2 %

5.5 %

(230) bps

In the second quarter, net sales of $1.3 billion were flat versus the prior year, with approximately 10% organic sales growth in the Americas, and low single digit growth in Asia Pacific, offset by a high teens decline in China, and a mid-single digit decline in EMEA.

Segment operating profit of $40 million decreased $28 million at actual currency and $30 million at constant currency primarily from the impacts of lower volume, unfavorable price, and mix. Segment operating profit margin contracted 220 basis points to 3.1%.

New Equipment orders were down 5% at constant currency with low teens growth in the Americas, and a low single digit growth in EMEA, more than offset by a greater than 20% decline in Asia Pacific, and a high teens decline in China. New Equipment backlog increased 3% at actual currency and 4% at constant currency.

Cash flow

Quarter Ended June 30,

Six Months Ended June 30,

(dollars in millions)

2026

2025

Y/Y

2026

2025

Y/Y

Cash flow from operations

$        267

$        215

$        52

$        680

$        405

$       275

Free cash flow

$        223

$        179

$        44

$        603

$        335

$       268

Adjusted free cash flow

$        290

$        243

$        47

$        562

$        429

$       133

Second quarter cash flow changes were driven by an increase in net income and changes in working capital.

2026 Outlook1

Otis is revising our full year outlook:

Net sales of $15.1 to $15.3 billion Organic sales up low to mid-single digits Organic New Equipment sales down low single digits to flat Organic Service sales up mid to high single digits Adjusted operating profit of approximately $2.4 billion, down $45 to $15 million at constant currency; down $30 million to flat at actual currency Adjusted EPS of $4.01 to $4.05 Adjusted free cash flow of $1.50 to 1.55 billion 1 Note: When we provide outlook for organic sales, adjusted operating profit, adjusted EPS, adjusted effective tax rate and adjusted free cash flow on a forward-looking basis, a reconciliation of the differences between the non-GAAP expectations and the corresponding GAAP measures generally is not available without unreasonable effort. See "Use and Definitions of Non-GAAP Financial Measures" below for additional information.

About Otis
Otis is the world's leading elevator and escalator manufacturing, installation, service and modernization company. We move 2.5 billion people a day and maintain approximately 2.5 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 45,000 field professionals, all committed to manufacturing, installing and maintaining products to meet the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. For more information, visit www.otis.com and follow us on LinkedIn, YouTube, Instagram and Facebook @OtisElevatorCo.

Use and Definitions of Non-GAAP Financial Measures

Otis Worldwide Corporation ("Otis") reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). We supplement the reporting of our financial information determined under GAAP with certain non-GAAP financial information. The non-GAAP information presented provides investors with additional useful information, but should not be considered in isolation or as substitutes for the related GAAP measures. Moreover, other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. We encourage investors to review our financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. A reconciliation of the non-GAAP measures (referenced in this press release) to the corresponding amounts prepared in accordance with GAAP appears in the attached tables. These tables provide additional information as to the items and amounts that have been excluded from the adjusted measures. Below are our non-GAAP financial measures:

Non-GAAP measure

Definition

Organic sales

Represents consolidated net sales (a GAAP measure), excluding the impact of foreign currency translation, acquisitions and divestitures completed in the preceding twelve months and other significant items of a non-recurring and/or nonoperational nature ("other significant items"). Management believes organic sales is a useful measure in providing period-to-period comparisons of the results of the Company's ongoing operational performance.

Adjusted selling, general and administrative ("SG&A") expense

Represents SG&A expense (a GAAP measure), excluding restructuring costs and other significant items.

Adjusted operating profit

Represents income from continuing operations (a GAAP measure), excluding restructuring costs and other significant items.

Adjusted net interest expense

Represents net interest expense (a GAAP measure), adjusted for the impacts of non-recurring acquisition related financing costs and related net interest expense pending the completion of a transaction and other significant items.

Adjusted noncontrolling interest in earnings

Represents noncontrolling interest in earnings (a GAAP measure), excluding restructuring costs and other significant items, including related tax effects.

Adjusted net income

Represents net income attributable to Otis Worldwide Corporation (a GAAP measure), excluding restructuring costs and other significant items, including related tax effects.

Adjusted earnings per share ("EPS")

Represents diluted earnings per share attributable to common shareholders (a GAAP measure), adjusted for the per share impact of restructuring and other significant items, including related tax effects.

Adjusted effective tax rate

Represents the effective tax rate (a GAAP measure) adjusted for other significant items and the tax impact of restructuring costs and other significant items.

Constant currency

GAAP financial results include the impact of changes in foreign currency exchange rates ("AFX"). We use the non-GAAP measure "at constant currency" or "CFX" to show changes in our financial results without giving effect to period-to-period currency fluctuations. Under U.S. GAAP, income statement results are translated in U.S. dollars at the average exchange rate for the period presented. Management believes that this non-GAAP measure is useful in providing period-to-period comparisons of the results of the Company's ongoing operational performance.

Free cash flow

Represents cash flow from operations (a GAAP measure) less capital expenditures. Management believes free cash flow is a useful measure of liquidity and an additional basis for assessing Otis' ability to fund its activities, including the financing of acquisitions, debt service, repurchases of common stock and distribution of earnings to shareholders. Free cash flow should not be considered an alternative to, or more meaningful than, net cash flows provided by operating activities, or any other measure of liquidity presented in accordance with GAAP.

Adjusted free cash flow

Represents cash flow from operations (a GAAP measure) less capital expenditures, adjusted to exclude certain items management believes affect the comparability of operating results. Management believes adjusted free cash flow is a useful measure of liquidity that provides investors additional information regarding the Company's ability to fund its activities, including the financing of acquisitions, debt service, repurchases of common stock and distribution of earnings to shareholders. Adjusted free cash flow should not be considered an alternative to, or more meaningful than, net cash flows provided by operating activities, or any other measure of liquidity presented in accordance with GAAP.

Management believes that organic sales, adjusted SG&A expense, adjusted operating profit, adjusted net interest expense, adjusted noncontrolling interest in earnings, adjusted net income, adjusted EPS and the adjusted effective tax rate are useful measures in providing period-to-period comparisons of the results of the Company's ongoing operational performance.

When we provide our expectations for adjusted net sales, organic sales, adjusted operating profit, adjusted net interest expense, adjusted noncontrolling interest in earnings, adjusted net income, adjusted effective tax rate, adjusted EPS, free cash flow and adjusted free cash flow on a forward-looking basis, a reconciliation of the differences between the non-GAAP expectations and the corresponding GAAP measures (expected diluted EPS from continuing operations, operating profit, the effective tax rate, net sales and expected cash flow from operations) generally is not available without unreasonable effort due to potentially high variability, complexity and low visibility as to the items that would be excluded from the GAAP measure in the relevant future period, such as unusual gains and losses, the ultimate outcome of pending litigation, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes or their probable significance. The variability of the excluded items may have a significant, and potentially unpredictable, impact on our future GAAP results.

Cautionary Statement

This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. From time to time, oral or written forward-looking statements may also be included in other information released to the public. These forward-looking statements are intended to provide management's current expectations or plans for Otis' future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "believe," "expect," "expectations," "plans," "strategy," "prospects," "estimate," "project," "target," "anticipate," "will," "should," "see," "guidance," "outlook," "medium-term," "near-term," "confident," "goals" and other words of similar meaning in connection with a discussion of future operating or financial performance. Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, dividends, share repurchases, tax rates, research & development spend, restructuring or transformation actions (including UpLift and related reorganization and outsourcing activities and such actions with respect to our business in China), credit ratings, net indebtedness and other measures of financial performance or potential future plans, strategies or transactions, or statements that relate to climate change and our intent to achieve certain sustainability targets or other corporate responsibility initiatives, including operational impacts and costs associated therewith, and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For those statements, Otis claims the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate and any changes therein, including financial market conditions, fluctuations in commodity prices and other inflationary pressures, interest rates and foreign currency exchange rates, levels of end market demand in construction, pandemic health issues, natural disasters, whether as a result of climate change or otherwise, and the financial condition of Otis' customers and suppliers; (2) the effect of changes in political conditions in the U.S. and in other countries in which Otis and its businesses operate, including tensions between the U.S. and China and geopolitical conflicts, including the ongoing conflicts and instability in the Middle East and the conflict between Russia and Ukraine on general market conditions, commodity costs, global trade policies and related sanctions, export controls and tariffs, and currency exchange rates in the near term and beyond; (3) challenges in the development, production, delivery, support, employee adoption, performance and realization of the anticipated benefits of advanced technologies and new products and services; (4) future levels of indebtedness, capital spending and research and development spending; (5) future availability of credit and factors that may affect such availability or costs thereof, including credit market conditions and Otis' capital structure; (6) the timing and scope of future repurchases of Otis' common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash; (7) fluctuations in prices and delays and disruptions in delivery of materials and services from suppliers, whether as a result of changes in general economic conditions, geopolitical conflicts or otherwise; (8) cost reduction or containment actions, restructuring or transformation costs and related savings and other consequences thereof, including with respect to UpLift and our China business and related impacts of reorganization, change management and outsourcing activities, as applicable; (9) new business and investment opportunities and the realization of anticipated benefits, including meeting customer expectations and maintaining our competitiveness; (10) the outcome of legal proceedings, investigations and other contingencies; (11) pension plan assumptions and future contributions; (12) the impact of the negotiation of collective bargaining agreements and labor disputes, labor actions, including strikes or work stoppages, and labor inflation in the markets in which Otis and its businesses operate globally; (13) the effect of changes in laws, regulations and enforcement priorities in the U.S. and other countries in which Otis and its businesses operate; (14) the ability of Otis to retain and hire key personnel; (15) the scope, nature, impact or timing of acquisition and divestiture activity, the integration of acquired businesses into existing businesses and realization of synergies and opportunities for growth and innovation and incurrence of related costs; (16) the determination by the Internal Revenue Service (the "IRS") and other tax authorities that the distribution or certain related transactions should be treated as taxable transactions in connection with the separation (the "Separation") of Otis and Carrier Global Corporation ("Carrier") from United Technologies Corporation (now known as RTX Corporation ("RTX"); and (17) our obligations and disputes that have or may hereafter arise under the agreements we entered into with RTX and Carrier in connection with the Separation. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see Otis' registration statement on Form 10 and the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

Otis Worldwide Corporation
Condensed Consolidated Statements of Operations

Quarter Ended June 30,

Six Months Ended June 30,

(Unaudited)

(Unaudited)

(dollars in millions, except per share amounts; shares in millions)

2026

2025

2026

2025

Net Sales

$        3,859

$        3,595

$       7,425

$       6,945

Costs and Expenses:

Cost of products and services sold

2,723

2,506

5,207

4,855

Research and development

39

38

77

75

Selling, general and administrative

520

499

1,030

963

Total Costs and Expenses

3,282

3,043

6,314

5,893

Other income (expense), net

(2)

(5)

3

(94)

Operating profit

575

547

1,114

958

Non-service pension cost (benefit)

2

—

2

—

Interest expense (income), net

26

26

85

71

Net income before income taxes

547

521

1,027

887

Income tax expense (benefit)

98

98

225

208

Net income

449

423

802

679

Less: Noncontrolling interest in subsidiaries' earnings

21

30

34

43

Net income attributable to Otis Worldwide Corporation

$          428

$          393

$         768

$         636

Earnings Per Share of Common Stock:

Basic

$         1.12

$         1.00

$        1.99

$        1.61

Diluted

$         1.12

$         0.99

$        1.99

$        1.60

Weighted Average Number of Shares Outstanding:

Basic shares

382.6

393.7

385.2

395.1

Diluted Shares

383.5

395.8

386.4

397.3

Otis Worldwide Corporation
Reconciliation of Reported (GAAP) to Adjusted Operating Profit & Operating Profit Margin

Quarter Ended June 30,

Six Months Ended June 30,

(Unaudited)

(Unaudited)

(dollars in millions)

2026

2025

2026

2025

Net Sales

New Equipment

$     1,279

$     1,276

$     2,428

$     2,439

Service

2,580

2,319

4,997

4,506

Total Net Sales

$     3,859

$     3,595

$     7,425

$     6,945

Operating Profit

New Equipment

$         40

$         68

$         78

$       134

Service

599

578

1,155

1,115

Total segment operating profit

639

646

1,233

1,249

Corporate and Unallocated

(64)

(99)

(119)

(291)

Total Otis GAAP Operating Profit

575

547

1,114

958

UpLift restructuring

—

25

—

45

Other restructuring

11

12

18

35

UpLift transformation costs

—

18

—

41

Separation-related adjustments 1

—

9

5

61

Litigation-related settlement costs 2

—

—

—

21

Held for sale impairment

—

—

—

10

Other, net

1

1

—

1

Total Otis Adjusted Operating Profit

$       587

$       612

$     1,137

$     1,172

Reported Total Operating Profit Margin

14.9 %

15.2 %

15.0 %

13.8 %

Adjusted Total Operating Profit Margin

15.2 %

17.0 %

15.3 %

16.9 %

1 Separation-related adjustments in the quarters and six months ended June 30, 2026 and 2025 represent estimated amounts
due to RTX Corporation (our former parent) in accordance with the Tax Matters Agreement, including those amounts related
to a favorable ruling received in August 2024 regarding a tax litigation in Germany.

2 Litigation-related settlement costs in the six months ended June 30, 2025 represent the aggregate amount of settlement costs
and increase in loss contingency accruals, excluding legal costs, for certain legal matters that are outside of the ordinary
course of business due to the size, complexity and/or unique facts of these matters.

Otis Worldwide Corporation
Reconciliation of Reported (GAAP) to Adjusted (Non-GAAP) Net Income, Earnings Per Share, and Effective Tax Rate

Quarter Ended June 30,

Six Months Ended June 30,

(Unaudited)

(Unaudited)

(dollars in millions, except per share amounts)

2026

2025

2026

2025

Adjusted Operating Profit

$       587

$       612

$     1,137

$     1,172

Non-service pension cost (benefit)

2

—

2

—

Adjusted net interest expense 1, 2

68

57

127

103

Adjusted income from operations before income taxes

517

555

1,008

1,069

Income tax expense (benefit)

98

98

225

208

Tax impact on restructuring and non-recurring items

—

11

4

32

Non-recurring tax items 2

20

12

20

12

Adjusted net income from operations

399

434

759

817

Adjusted noncontrolling interest 2, 3

10

18

23

33

Adjusted net income attributable to common
shareholders

$       389

$       416

$       736

$       784

GAAP net income attributable to common shareholders

$       428

$       393

$       768

$       636

UpLift restructuring

—

25

—

45

Other restructuring

11

12

18

35

UpLift transformation costs

—

18

—

41

Separation-related adjustments

—

9

5

61

Litigation-related settlement costs

—

—

—

21

Held for sale impairment

—

—

—

10

Interest income related to non-recurring tax items 1, 2

(31)

(15)

(31)

(16)

Tax effects of restructuring, non-recurring items and other
adjustments

—

(11)

(4)

(32)

Non-recurring tax items 2

(20)

(12)

(20)

(12)

Other, net 3

1

(3)

—

(5)

Adjusted net income attributable to common
shareholders

$       389

$       416

$       736

$       784

Diluted Earnings Per Share

$      1.12

$      0.99

$      1.99

$      1.60

Impact to diluted earnings per share

(0.11)

0.06

(0.09)

0.37

Adjusted Diluted Earnings Per Share

$      1.01

$      1.05

$      1.90

$      1.97

Effective Tax Rate

17.9 %

18.8 %

21.9 %

23.4 %

Impact of adjustments on effective tax rate

4.9 %

3.0 %

2.8 %

0.2 %

Adjusted Effective Tax Rate

22.8 %

21.8 %

24.7 %

23.6 %

1 In August 2024, we received a favorable ruling regarding a tax litigation in Germany. As a result, income tax benefits and
related interest income were recorded in 2024. Net interest expense is reflected as adjusted without $7 million of interest
income for the quarter and six months ended June 30, 2026, compared to $1 million and $2 million for the same periods in
2025.

2 Certain tax reserves were adjusted in the second quarter of 2026 and 2025. As a result, Net interest expense and
Noncontrolling interest are reflected as adjusted without $35 million of interest income and $11 million of the noncontrolling
interest share of the reserves adjustments, respectively, for the quarter and six months ended June 30, 2026, compared to
$30 million and $16 million, respectively, for the same periods in 2025.

3 Noncontrolling interest is reflected as adjusted without $4 million and $6 million of the noncontrolling interest share of
Other restructuring for the quarter and six months ended June 30, 2025.

Otis Worldwide Corporation
Components of Changes in Net Sales

Quarter Ended June 30, 2026 Compared with Quarter Ended June 30, 2025

Factors Contributing to Total % Change in Net Sales

Organic

FX

Translation

Acquisitions /

Divestitures,
net and Other

Total

New Equipment

(1) %

1 %

— %

— %

Service

9 %

1 %

1 %

11 %

Maintenance and Repair

6 %

1 %

1 %

8 %

Modernization

24 %

— %

2 %

26 %

Total Net Sales

6 %

1 %

— %

7 %

Six Months Ended June 30, 2026 Compared with Six Months Ended June 30, 2025

Factors Contributing to Total % Change in Net Sales

Organic

FX

Translation

Acquisitions /

Divestitures,
net and Other

Total

New Equipment

(3) %

3 %

— %

— %

Service

7 %

3 %

1 %

11 %

Maintenance and Repair

5 %

3 %

1 %

9 %

Modernization

16 %

2 %

— %

18 %

Total Net Sales

4 %

3 %

— %

7 %

Components of Changes in New Equipment Backlog

June 30, 2026

Y/Y Growth %

New Equipment Backlog increase at actual currency

3 %

Foreign exchange impact to New Equipment Backlog

1 %

New Equipment Backlog increase at constant currency

4 %

Components of Changes in Modernization Backlog

June 30, 2026

Y/Y Growth %

Modernization Backlog increase at actual currency

24 %

Foreign exchange impact to Modernization Backlog

2 %

Modernization Backlog increase at constant currency

26 %

Otis Worldwide Corporation
Reconciliation of Segment and Total Adjusted Operating Profit at Constant Currency

Quarter Ended June 30, 2026 Compared with Quarter Ended June 30, 2025

(dollars in millions)

2026

2025

Y/Y

New Equipment

Segment Operating Profit

$               40

$               68

$             (28)

Impact of foreign exchange

(2)

—

(2)

Segment Operating Profit at constant currency

$               38

$               68

$             (30)

Service

Segment Operating Profit

$             599

$             578

$               21

Impact of foreign exchange

(5)

—

(5)

Segment Operating Profit at constant currency

$             594

$             578

$               16

Otis Consolidated

Adjusted Operating Profit

$             587

$             612

$             (25)

Impact of foreign exchange

(7)

—

(7)

Adjusted Operating Profit at constant currency

$             580

$             612

$             (32)

Six Months Ended June 30, 2026 Compared with Six Months Ended June 30, 2025

(dollars in millions)

2026

2025

Y/Y

New Equipment

Segment Operating Profit

$               78

$             134

$             (56)

Impact of foreign exchange

(1)

—

(1)

Segment Operating Profit at constant currency

$               77

$             134

$             (57)

Service

Segment Operating Profit

$           1,155

$           1,115

$               40

Impact of foreign exchange

(34)

—

(34)

Segment Operating Profit at constant currency

$           1,121

$           1,115

$                6

Otis Consolidated

Adjusted Operating Profit

$           1,137

$           1,172

$             (35)

Impact of foreign exchange

(35)

—

(35)

Adjusted Operating Profit at constant currency

$           1,102

$           1,172

$             (70)

Otis Worldwide Corporation
Condensed Consolidated Balance Sheet

June 30, 2026

December 31, 2025

(dollars in millions)

(Unaudited)

Assets

Cash and cash equivalents

$                  813

$                1,096

Accounts receivable, net

3,985

3,688

Contract assets

824

699

Inventories

686

613

Other current assets

531

405

Total Current Assets

6,839

6,501

Future income tax benefits

426

407

Fixed assets, net

755

743

Operating lease right-of-use assets

580

554

Intangible assets, net

387

343

Goodwill

1,794

1,695

Other assets

375

410

Total Assets

$              11,156

$              10,653

Liabilities and Equity (Deficit)

Short-term borrowings and current portion of long-term debt

$               1,390

$               1,056

Accounts payable

2,099

2,142

Accrued liabilities

1,713

1,847

Contract liabilities

3,023

2,611

Total Current Liabilities

8,225

7,656

Long-term debt

7,046

6,900

Future pension and postretirement benefit obligations

411

419

Operating lease liabilities

410

397

Future income tax obligations

196

223

Other long-term liabilities

322

329

Total Liabilities

16,610

15,924

Redeemable noncontrolling interest

106

75

Shareholders' Equity (Deficit):

Common Stock and additional paid-in capital

353

333

Treasury Stock

(5,005)

(4,198)

Accumulated deficit

(117)

(440)

Accumulated other comprehensive income (loss)

(979)

(1,087)

Total Shareholders' Equity (Deficit)

(5,748)

(5,392)

Noncontrolling interest

188

46

Total Equity (Deficit)

(5,560)

(5,346)

Total Liabilities and Equity (Deficit)

$              11,156

$              10,653

Otis Worldwide Corporation
Condensed Consolidated Statement of Cash Flows

Quarter Ended June 30,

Six Months Ended June 30,

(Unaudited)

(Unaudited)

(dollars in millions)

2026

2025

2026

2025

Operating Activities:

Net income from operations

$     449

$     423

$     802

$     679

Adjustments to reconcile net income to net cash flows provided by
operating activities:

Depreciation and amortization

42

44

83

86

Deferred income tax expense (benefit)

(42)

(74)

(38)

(74)

Stock compensation cost

20

23

39

44

Change in operating assets and liabilities, net of acquisitions:

Accounts receivable, net

(71)

(42)

(300)

(146)

Contract assets and liabilities, current

(148)

(190)

284

70

Inventories

(21)

3

(79)

(15)

Other current assets

(70)

12

67

10

Accounts payable

128

69

(48)

(212)

Accrued liabilities

49

11

(68)

23

Pension contributions

(10)

(9)

(21)

(27)

Other operating activities, net

(59)

(55)

(41)

(33)

Net cash flows provided by (used in) operating activities

267

215

680

405

Investing Activities:

Capital expenditures

(44)

(36)

(77)

(70)

Acquisitions of businesses and intangible assets, net of cash

(190)

(46)

(193)

(82)

Other investing activities, net

(97)

(77)

(46)

(168)

Net cash flows provided by (used in) investing activities

(331)

(159)

(316)

(320)

Financing Activities:

Increase (decrease) in short-term borrowings, net

(62)

484

(33)

473

Issuance of long-term debt, net

700

—

700

—

Payment of debt issuance costs

(5)

—

(5)

—

Repayment of long-term debt

—

(1,300)

(135)

(1,300)

Dividends paid on Common Stock

(167)

(164)

(330)

(319)

Repurchases of Common Stock

(407)

(308)

(807)

(561)

Acquisition of noncontrolling interest shares

—

—

(10)

—

Dividends paid to noncontrolling interest

(4)

(3)

(7)

(5)

Other financing activities, net

18

(3)

6

(10)

Net cash flows provided by (used in) financing activities

73

(1,294)

(621)

(1,722)

Summary of Activity:

Net cash provided by (used in) operating activities

267

215

680

405

Net cash provided by (used in) investing activities

(331)

(159)

(316)

(320)

Net cash provided by (used in) financing activities

73

(1,294)

(621)

(1,722)

Effect of exchange rate changes on cash and cash equivalents

(4)

12

1

19

Net increase (decrease) in cash, cash equivalents and restricted cash

5

(1,226)

(256)

(1,618)

Cash, cash equivalents and restricted cash, beginning of period

844

1,929

1,105

2,321

Cash, cash equivalents and restricted cash, end of period

849

703

849

703

Less: Restricted cash

36

15

36

15

Cash and cash equivalents, end of period

$     813

$     688

$     813

$     688

Otis Worldwide Corporation
Adjusted Free Cash Flow Reconciliation

Quarter Ended June 30,

Six Months Ended June 30,

(Unaudited)

(Unaudited)

(dollars in millions)

2026

2025

2026

2025

Net cash flows provided by operating activities (GAAP)

$       267

$       215

$       680

$       405

Capital expenditures

(44)

(36)

(77)

(70)

Free cash flow (Non-GAAP)

223

179

603

335

Adjustments for:

UpLift restructuring payments

6

8

14

19

UpLift transformation payments

7

14

11

33

Separation-related payments 1

57

72

63

72

German Tax Litigation refunds 2

(3)

(30)

(129)

(30)

Adjusted free cash flow (Non-GAAP)

$       290

$       243

$       562

$       429

1 These represent payments to RTX Corporation (our former parent) in accordance with the Tax Matters Agreement.

2 In August 2024, we received a favorable ruling regarding a tax litigation in Germany. The Company began receiving
refunds during 2025 and anticipates the refund process to continue through 2026.

Media Contact:
Katy Padgett
+1-860-674-3047
[email protected]

Investor Relations Contact:
Imelda Suit
+1-860-676-6011
[email protected]

SOURCE Otis Worldwide Corporation

Posted by Defense World Staff on Jul 22nd, 2026

Bank of New York Mellon Corp cut its holdings in IDEX Corporation (NYSE:IEX – Free Report) by 16.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 406,486 shares of the industrial products company’s stock after selling 81,622 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.55% of IDEX worth $77,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Primecap Management Co. CA increased its position in shares of IDEX by 86.5% during the fourth quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company’s stock valued at $574,174,000 after buying an additional 1,496,207 shares during the period. Dodge & Cox boosted its position in IDEX by 266.7% during the 4th quarter. Dodge & Cox now owns 1,262,550 shares of the industrial products company’s stock valued at $224,658,000 after acquiring an additional 918,208 shares in the last quarter. Norges Bank bought a new stake in IDEX during the 4th quarter valued at approximately $162,788,000. Millennium Management LLC grew its holdings in shares of IDEX by 293.6% during the 4th quarter. Millennium Management LLC now owns 1,063,763 shares of the industrial products company’s stock worth $189,286,000 after acquiring an additional 793,530 shares during the period. Finally, Balyasny Asset Management L.P. raised its position in shares of IDEX by 35,817.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 720,142 shares of the industrial products company’s stock worth $128,142,000 after acquiring an additional 718,137 shares in the last quarter. Hedge funds and other institutional investors own 97.96% of the company’s stock.

Insider Activity at IDEX In other IDEX news, CEO Eric D. Ashleman sold 15,385 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $215.22, for a total value of $3,311,159.70. Following the sale, the chief executive officer owned 66,658 shares in the company, valued at $14,346,134.76. The trade was a 18.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets Several brokerages recently weighed in on IEX. BMO Capital Markets started coverage on IDEX in a research note on Friday, March 27th. They issued a “market perform” rating and a $214.00 price target on the stock. Oppenheimer boosted their target price on shares of IDEX from $250.00 to $260.00 and gave the company an “outperform” rating in a report on Tuesday. Robert W. Baird set a $257.00 target price on shares of IDEX in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of IDEX from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 24th. Finally, Stifel Nicolaus lifted their price target on shares of IDEX from $250.00 to $257.00 and gave the company a “buy” rating in a research report on Monday. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, IDEX currently has an average rating of “Moderate Buy” and a consensus target price of $244.00.

Read Our Latest Analysis on IEX

IDEX Stock Performance Shares of IEX stock opened at $221.22 on Wednesday. The company has a quick ratio of 2.40, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The company has a 50 day moving average price of $218.40 and a 200-day moving average price of $206.22. IDEX Corporation has a 52 week low of $157.25 and a 52 week high of $231.70. The firm has a market capitalization of $16.37 billion, a PE ratio of 32.73, a P/E/G ratio of 2.17 and a beta of 0.98.

IDEX (NYSE:IEX – Get Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.22. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The business had revenue of $886.90 million for the quarter, compared to analysts’ expectations of $845.58 million. During the same period last year, the firm posted $1.75 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. As a group, equities research analysts expect that IDEX Corporation will post 8.49 earnings per share for the current year.

IDEX Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 6th will be given a dividend of $0.73 per share. The ex-dividend date is Monday, July 6th. This represents a $2.92 annualized dividend and a dividend yield of 1.3%. IDEX’s dividend payout ratio (DPR) is presently 43.20%.

About IDEX (Free Report)

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.

Featured Articles Five stocks we like better than IDEX 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 IEX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IDEX Corporation (NYSE:IEX – Free Report).

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Bank of New York Mellon Corp cut its position in shares of Cognex Corporation (NASDAQ:CGNX – Free Report) by 8.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,869,979 shares of the scientific and technical instruments company’s stock after selling 168,455 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.12% of Cognex worth $91,610,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Cognex by 173,138.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,477,448 shares of the scientific and technical instruments company’s stock valued at $376,979,000 after buying an additional 10,471,400 shares during the period. Pictet Asset Management Holding SA grew its stake in Cognex by 27.9% in the 4th quarter. Pictet Asset Management Holding SA now owns 7,013,184 shares of the scientific and technical instruments company’s stock worth $252,360,000 after acquiring an additional 1,529,010 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Cognex by 31.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,314,896 shares of the scientific and technical instruments company’s stock worth $191,231,000 after acquiring an additional 1,258,629 shares during the period. Disciplined Growth Investors Inc. MN raised its holdings in Cognex by 0.9% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 4,768,716 shares of the scientific and technical instruments company’s stock valued at $151,264,000 after acquiring an additional 40,927 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Cognex by 27.1% in the 4th quarter. Geode Capital Management LLC now owns 3,950,299 shares of the scientific and technical instruments company’s stock valued at $142,154,000 after acquiring an additional 842,783 shares during the last quarter. Institutional investors and hedge funds own 88.12% of the company’s stock.

Wall Street Analysts Forecast Growth CGNX has been the topic of a number of recent analyst reports. Seaport Research Partners set a $75.00 price target on Cognex in a research note on Tuesday, May 26th. Citigroup reaffirmed a “neutral” rating and issued a $72.00 price objective (up from $68.00) on shares of Cognex in a research report on Monday, July 13th. Wall Street Zen upgraded Cognex from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Zacks Research upgraded Cognex from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 16th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $75.00 price target on shares of Cognex in a research note on Thursday, May 7th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $72.31.

Check Out Our Latest Analysis on Cognex

Cognex Stock Down 0.2% NASDAQ:CGNX opened at $62.94 on Wednesday. The company has a market cap of $10.47 billion, a P/E ratio of 74.93 and a beta of 1.49. Cognex Corporation has a fifty-two week low of $33.45 and a fifty-two week high of $72.88. The firm’s 50 day moving average is $65.09 and its two-hundred day moving average is $54.92.

Cognex (NASDAQ:CGNX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The scientific and technical instruments company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The company had revenue of $268.44 million during the quarter, compared to analysts’ expectations of $245.98 million. Cognex had a net margin of 13.62% and a return on equity of 10.89%. The business’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 EPS. Cognex has set its Q2 2026 guidance at 0.400-0.440 EPS. Research analysts forecast that Cognex Corporation will post 1.48 earnings per share for the current fiscal year.

Cognex Announces Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were issued a $0.085 dividend. The ex-dividend date was Thursday, May 21st. This represents a $0.34 dividend on an annualized basis and a yield of 0.5%. Cognex’s dividend payout ratio (DPR) is presently 40.48%.

Insider Buying and Selling at Cognex In other Cognex news, insider Mark Fennell sold 64,873 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $67.05, for a total transaction of $4,349,734.65. Following the completion of the sale, the insider owned 11,263 shares of the company’s stock, valued at approximately $755,184.15. The trade was a 85.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Darren Marc Long sold 20,252 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $66.34, for a total value of $1,343,517.68. Following the sale, the vice president owned 3,990 shares of the company’s stock, valued at $264,696.60. This represents a 83.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 224,847 shares of company stock valued at $14,975,098. Company insiders own 1.70% of the company’s stock.

Cognex Profile (Free Report)

Cognex Corporation is a leading provider of machine vision systems, software, sensors and industrial barcode readers used to automate manufacturing, logistics and distribution processes. The company designs and develops vision-based products that help manufacturers and logistics operators inspect, identify and guide parts, assemblies and packaged goods in real time. Its solutions are applied in a broad range of industries, including automotive, electronics, semiconductor, pharmaceutical, food and beverage, and general manufacturing.

The company’s product portfolio includes stand-alone vision systems, vision sensors and deep learning-based software platforms that enable automated inspection, quality control and traceability.

Further Reading Five stocks we like better than Cognex 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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Posted by Defense World Staff on Jul 22nd, 2026

Fifth Third Bancorp raised its stake in First Financial Bancorp. (NASDAQ:FFBC – Free Report) by 176.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 80,826 shares of the bank’s stock after purchasing an additional 51,627 shares during the quarter. Fifth Third Bancorp owned 0.08% of First Financial Bancorp. worth $2,253,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Rockefeller Capital Management L.P. increased its stake in First Financial Bancorp. by 137.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 991 shares of the bank’s stock valued at $25,000 after buying an additional 574 shares during the period. First Horizon Corp boosted its holdings in shares of First Financial Bancorp. by 56.0% in the fourth quarter. First Horizon Corp now owns 1,526 shares of the bank’s stock valued at $38,000 after acquiring an additional 548 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of First Financial Bancorp. by 38.7% in the fourth quarter. Hantz Financial Services Inc. now owns 1,743 shares of the bank’s stock valued at $44,000 after acquiring an additional 486 shares in the last quarter. Smithfield Trust Co acquired a new position in shares of First Financial Bancorp. during the fourth quarter worth about $50,000. Finally, GAMMA Investing LLC raised its holdings in First Financial Bancorp. by 21.7% during the fourth quarter. GAMMA Investing LLC now owns 3,036 shares of the bank’s stock worth $76,000 after purchasing an additional 541 shares in the last quarter. Hedge funds and other institutional investors own 77.23% of the company’s stock.

Insider Buying and Selling In related news, CEO Archie M. Brown sold 10,000 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $30.93, for a total value of $309,300.00. Following the sale, the chief executive officer directly owned 243,758 shares of the company’s stock, valued at approximately $7,539,434.94. This represents a 3.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Claude E. Davis sold 26,123 shares of First Financial Bancorp. stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $30.45, for a total transaction of $795,445.35. Following the transaction, the insider owned 30,410 shares of the company’s stock, valued at approximately $925,984.50. The trade was a 46.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 41,126 shares of company stock worth $1,255,501 in the last three months. Corporate insiders own 1.08% of the company’s stock.

First Financial Bancorp. Trading Up 0.5% Shares of First Financial Bancorp. stock opened at $35.67 on Wednesday. The company has a 50-day moving average of $32.32 and a two-hundred day moving average of $29.77. First Financial Bancorp. has a 12-month low of $23.06 and a 12-month high of $36.24. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The stock has a market cap of $3.74 billion, a PE ratio of 12.60 and a beta of 0.92.

First Financial Bancorp. (NASDAQ:FFBC – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The bank reported $0.80 EPS for the quarter, topping the consensus estimate of $0.78 by $0.02. The business had revenue of $264.17 million for the quarter, compared to analyst estimates of $270.29 million. First Financial Bancorp. had a return on equity of 11.09% and a net margin of 20.92%.During the same quarter in the previous year, the company earned $0.74 EPS. On average, research analysts anticipate that First Financial Bancorp. will post 3.28 EPS for the current fiscal year.

First Financial Bancorp. Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.25 dividend. The ex-dividend date was Monday, June 1st. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. First Financial Bancorp.’s payout ratio is currently 35.34%.

Analyst Ratings Changes FFBC has been the subject of a number of recent analyst reports. Raymond James Financial raised their price objective on shares of First Financial Bancorp. from $34.00 to $36.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Truist Financial increased their target price on First Financial Bancorp. from $33.00 to $35.00 and gave the stock a “hold” rating in a research note on Friday, July 10th. Stephens started coverage on First Financial Bancorp. in a report on Friday, March 27th. They issued an “overweight” rating and a $33.00 price target for the company. Wall Street Zen downgraded First Financial Bancorp. from a “buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Finally, Royal Bank Of Canada upped their price objective on First Financial Bancorp. from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Monday, April 27th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.67.

Get Our Latest Stock Analysis on First Financial Bancorp.

About First Financial Bancorp. (Free Report)

First Financial Bancorp (NASDAQ: FFBC) is a bank holding company headquartered in Cincinnati, Ohio, and the parent of First Financial Bank. The company provides a comprehensive suite of commercial and consumer banking services through a network of more than 100 full-service banking centers and mortgage offices across Ohio, Indiana and Kentucky. Its core mission centers on delivering personalized relationship banking to businesses, individuals and public sector clients.

First Financial Bank’s product portfolio includes deposit solutions such as checking, savings and money market accounts, alongside a range of lending offerings that cover commercial and industrial loans, real estate and construction financing, home mortgages and home equity lines of credit.

Read More Five stocks we like better than First Financial 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 Want to see what other hedge funds are holding FFBC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Financial Bancorp. (NASDAQ:FFBC – Free Report).

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NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Insulet Corporation (NASDAQ:PODD) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Insulet, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.

Key Details of the Insulet ($PODD) Class Action:

Lead Plaintiff Deadline: August 31, 2026Alleged Misconduct: Securities fraud relating to the safety of Insulet’s Omnipod productsLargest Alleged Stock Drop: March 12, 2026 – 6.88% Stock DropCourt: U.S. District Court for the District of MassachusettsTake Action: Contact BFA Law to discuss your rights
Insulet investors have until August 31, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Insulet securities. The class action is pending in the U.S. District Court for the District of Massachusetts. It is captioned Hu v. Insulet Corporation et al., No. 26-cv-13062.

Why is Insulet Being Sued for Securities Fraud?

Insulet is primarily engaged in the development, manufacture, and sale of insulin delivery systems for people with insulin-dependent diabetes through its Omnipod platform. The Omnipod platform includes: the Omnipod® 5 Automated Insulin Delivery System (“Omnipod 5”), the Omnipod DASH® Insulin Management System (“Omnipod DASH”), and the Omnipod Insulin Management System (“Omnipod Eros”).

Throughout the relevant period, Insulet misrepresented the safety of its Omnipod products as well as its ability to efficiently produce “medical grade quality at consumer electronic scale.” In reality, certain of Insulet’s products suffered from undisclosed manufacturing defects that put patient safety at risk.

Why did Insulet’s Stock Drop?

On March 12, 2026, Insulet disclosed that a manufacturing issue with its Omnipod® 5 Pods caused a “tear in the internal tubing that delivers insulin” resulting in insulin being released inside the Pod “instead of being fully infused into the body as intended.” Accordingly, Insulet “initiated a voluntary Medical Device Correction for specific lots of Omnipod® 5 Pods.”

This news caused the price of Insulet stock to drop $16.23 per share, or 6.88%, from a closing price of $236.07 per share on March 12, 2026, to $219.84 per share on March 13, 2026.

On May 26, 2026, Insulet announced another voluntary Medical Device Correction due to a manufacturing issue, this time to its Omnipod 5, Omnipod DASH, and Omnipod Eros systems. It again indicated that the manufacturing issue resulted in a tear in the tubing which “could result in insulin under-delivery.”

This news caused the price of Insulet stock to drop $7.79 per share, or 5.07%, from a closing price of $218.11 per share on May 26, 2026, to $146.01 per share on May 27, 2026.

Click here for more information: https://www.bfalaw.com/cases/insulet-class-action-lawsuit.

What Can You Do?

If you invested in Insulet, 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.

Submit your information by visiting:

https://www.bfalaw.com/cases/insulet-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

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.

https://www.bfalaw.com/cases/insulet-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

Posted by Defense World Staff on Jul 22nd, 2026

D.A. Davidson & CO. reduced its stake in Fidelity National Financial, Inc. (NYSE:FNF – Free Report) by 51.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,036 shares of the financial services provider’s stock after selling 37,714 shares during the period. D.A. Davidson & CO.’s holdings in Fidelity National Financial were worth $1,671,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Windacre Partnership LLC boosted its position in Fidelity National Financial by 31.0% during the 3rd quarter. Windacre Partnership LLC now owns 18,905,100 shares of the financial services provider’s stock valued at $1,143,569,000 after acquiring an additional 4,477,900 shares in the last quarter. Norges Bank bought a new stake in Fidelity National Financial during the fourth quarter worth about $181,017,000. AQR Capital Management LLC grew its holdings in Fidelity National Financial by 75.4% in the third quarter. AQR Capital Management LLC now owns 5,057,355 shares of the financial services provider’s stock worth $304,503,000 after purchasing an additional 2,174,220 shares during the period. Alliancebernstein L.P. grew its holdings in Fidelity National Financial by 368.3% in the second quarter. Alliancebernstein L.P. now owns 1,770,685 shares of the financial services provider’s stock worth $99,265,000 after purchasing an additional 1,392,560 shares during the period. Finally, PFA Pension Forsikringsaktieselskab bought a new position in shares of Fidelity National Financial during the fourth quarter valued at approximately $36,362,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Fidelity National Financial In related news, EVP Peter T. Sadowski sold 69,196 shares of Fidelity National Financial stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $45.70, for a total transaction of $3,162,257.20. Following the sale, the executive vice president owned 5,702 shares of the company’s stock, valued at approximately $260,581.40. This trade represents a 92.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 5.70% of the company’s stock.

Fidelity National Financial Trading Down 0.2% Shares of FNF stock opened at $50.75 on Wednesday. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.50. Fidelity National Financial, Inc. has a 12-month low of $42.78 and a 12-month high of $61.40. The stock has a market capitalization of $13.66 billion, a P/E ratio of 18.55, a P/E/G ratio of 0.75 and a beta of 0.96. The firm’s 50 day moving average is $48.21 and its 200 day moving average is $50.14.

Fidelity National Financial (NYSE:FNF – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.93 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.16). Fidelity National Financial had a return on equity of 15.49% and a net margin of 5.10%.The firm had revenue of $3.23 billion during the quarter, compared to the consensus estimate of $3.61 billion. During the same period in the previous year, the firm earned $0.78 EPS. The business’s revenue was up 18.2% on a year-over-year basis. Research analysts expect that Fidelity National Financial, Inc. will post 5.19 earnings per share for the current year.

Fidelity National Financial Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th were issued a $0.52 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.08 annualized dividend and a yield of 4.1%. Fidelity National Financial’s dividend payout ratio is currently 75.91%.

Analysts Set New Price Targets A number of research analysts recently weighed in on the company. Zacks Research lowered Fidelity National Financial from a “hold” rating to a “strong sell” rating in a research report on Friday, May 8th. Keefe, Bruyette & Woods cut their target price on Fidelity National Financial from $67.00 to $64.00 and set an “outperform” rating on the stock in a research note on Thursday, June 25th. Stephens lowered their price target on Fidelity National Financial from $61.00 to $58.00 and set an “overweight” rating for the company in a research report on Tuesday, May 12th. Barclays raised their price objective on shares of Fidelity National Financial from $50.00 to $51.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fidelity National Financial in a report on Thursday, June 11th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $56.00.

View Our Latest Report on Fidelity National Financial

Fidelity National Financial Profile (Free Report)

Fidelity National Financial (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company underwrites title insurance policies that protect property owners and lenders against title defects, liens, and other encumbrances. Alongside its core title insurance operations, FNF offers escrow and closing services, e-recording solutions, and real estate data and analytics through a network of agents and underwriters.

FNF operates through two primary segments: Title Insurance and Specialty Insurance and Services.

Featured Articles Five stocks we like better than Fidelity National Financial 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 FNF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity National Financial, Inc. (NYSE:FNF – Free Report).

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Posted by Defense World Staff on Jul 22nd, 2026

Bessemer Group Inc. boosted its holdings in StepStone Group Inc. (NASDAQ:STEP – Free Report) by 15,526.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 57,036 shares of the company’s stock after purchasing an additional 56,671 shares during the quarter. Bessemer Group Inc.’s holdings in StepStone Group were worth $2,721,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted its position in StepStone Group by 105.0% in the fourth quarter. Salomon & Ludwin LLC now owns 414 shares of the company’s stock worth $28,000 after purchasing an additional 212 shares during the last quarter. Quarry LP increased its stake in shares of StepStone Group by 155.7% in the third quarter. Quarry LP now owns 514 shares of the company’s stock worth $34,000 after purchasing an additional 313 shares in the last quarter. Fifth Third Bancorp raised its holdings in StepStone Group by 58.6% during the 4th quarter. Fifth Third Bancorp now owns 544 shares of the company’s stock valued at $35,000 after acquiring an additional 201 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of StepStone Group during the 2nd quarter valued at $46,000. Finally, Spire Wealth Management increased its position in shares of StepStone Group by 60.0% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $51,000 after buying an additional 300 shares during the period. Institutional investors and hedge funds own 55.54% of the company’s stock.

Analysts Set New Price Targets Several research firms recently weighed in on STEP. Barclays decreased their price objective on shares of StepStone Group from $62.00 to $60.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Morgan Stanley decreased their price objective on StepStone Group from $72.00 to $63.00 and set an “equal weight” rating on the stock in a report on Tuesday. Oppenheimer lowered their price target on shares of StepStone Group from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. UBS Group assumed coverage on StepStone Group in a report on Thursday, April 2nd. They issued a “buy” rating and a $60.00 price objective for the company. Finally, Weiss Ratings cut shares of StepStone Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, April 22nd. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $69.00.

Get Our Latest Stock Report on StepStone Group

Insider Buying and Selling at StepStone Group In other news, COO Jose A. Fernandez sold 2,290 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $42.64, for a total transaction of $97,645.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael I. Mccabe acquired 120,000 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was acquired at an average cost of $41.85 per share, with a total value of $5,022,000.00. Following the completion of the purchase, the insider directly owned 433,178 shares in the company, valued at approximately $18,128,499.30. This represents a 38.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 16.47% of the stock is owned by insiders.

StepStone Group Stock Performance STEP stock opened at $42.97 on Wednesday. The business’s 50-day moving average is $45.96 and its two-hundred day moving average is $52.61. StepStone Group Inc. has a fifty-two week low of $38.85 and a fifty-two week high of $77.79. The company has a market cap of $5.13 billion, a price-to-earnings ratio of -6.32 and a beta of 1.31.

StepStone Group (NASDAQ:STEP – Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.06. The business had revenue of $305.84 million during the quarter, compared to analyst estimates of $292.11 million. StepStone Group had a positive return on equity of 37.69% and a negative net margin of 26.88%.StepStone Group’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 earnings per share. Equities analysts predict that StepStone Group Inc. will post 2.55 earnings per share for the current year.

StepStone Group Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 15th. StepStone Group’s payout ratio is -16.47%.

StepStone Group Company Profile (Free Report)

StepStone Group is a global private markets investment firm that provides specialized investment solutions across private equity, private credit and real assets. The firm offers customized portfolios, secondary interests, direct co-investments and tailored advisory services to institutional investors worldwide. StepStone’s integrated research and data analytics platform supports its investment teams in sourcing opportunities and monitoring portfolio companies.

Founded in 2007 as an independent private markets specialist, the company has grown its presence through both organic expansion and strategic partnerships.

Featured Articles Five stocks we like better than StepStone 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 STEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for StepStone Group Inc. (NASDAQ:STEP – Free Report).

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5.59K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

NEW YORK, July 22, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into The Ensign Group, Inc. (NASDAQ:ENSG) for potential securities fraud after significant stock drops.

If you invested in Ensign, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.

Key Details of the Ensign ($ENSG) Class Action Investigation:

Investigation Overview: Securities fraud relating to Ensign’s misrepresentations about care quality at the company’s nursing facilities, as well as Ensign’s growth, margins, and regulatory complianceStock Declines: June 8, 2026 – 8.2% Stock Drop; June 10, 2027 – 3% Stock DropAction: Contact BFA Law to discuss your rights Why is Ensign Being Investigated for Securities Fraud?

Ensign is a healthcare services company that operates skilled nursing, senior living, and rehabilitative care facilities through a network of affiliated providers. Ensign relies heavily on Medicare and Medicaid reimbursements, making government funding and regulatory compliance central to Ensign’s business model.

BFA is investigating whether Ensign misled investors about the quality of care at its facilities, as well as Ensign’s growth, margins, and regulatory compliance.

Why did Ensign’s Stock Drop?

On June 8, 2026, Hunterbrook Capital published a research report titled “Ensign: The Nursing Home Empire Built on Fatal Neglect” based on a five month investigation that alleged “Ensign’s profits can be traced to providing less care than its patients need – and less care than it is meant to provide based on the tax dollars it receives from the government.” According to Hunterbrook, Ensign padded its profit margin by understaffing its facilities while routing Medicare and Medicaid payments to affiliate entities owned or controlled by Ensign.

This news caused the price of Ensign stock to decline $13.88 per share, or 8.2%, from a closing price of $170.30 per share on June 5, 2026, to $156.42 per share on June 8, 2026.

On June 11, 2026, Muddy Waters Research published a research report titled “Ensign: Deceiving the Government at Estimated ~20% of Facilities” which alleged that Ensign “rents” required nursing-home administrator licenses from off-site administrators that do not actually oversee its facilities to create the appearance of regulatory compliance. According to Muddy Waters, genuine regulatory compliance would significantly reduce Ensign’s profitability.

On this news, the price of Ensign stock declined $4.52 per share, or 3%, from a closing price of $151.65 per share on June 10, 2026, to $147.13 per share on June 11, 2026.

Click here for more information: https://www.bfalaw.com/cases/ensign-class-action-lawsuit.

What Can You Do?

If you invested in Ensign, 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.

Submit your information by visiting:

https://www.bfalaw.com/cases/ensign-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

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.

https://www.bfalaw.com/cases/ensign-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

Posted by Defense World Staff on Jul 22nd, 2026

Bank of New York Mellon Corp reduced its stake in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 6.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,785,688 shares of the real estate investment trust’s stock after selling 197,397 shares during the quarter. Bank of New York Mellon Corp owned about 0.77% of American Homes 4 Rent worth $77,776,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. M&T Bank Corp lifted its position in American Homes 4 Rent by 386.9% during the fourth quarter. M&T Bank Corp now owns 39,333 shares of the real estate investment trust’s stock valued at $1,262,000 after purchasing an additional 31,254 shares during the last quarter. Bayhunt Capital LLC purchased a new position in shares of American Homes 4 Rent in the 4th quarter worth $14,822,000. Principal Financial Group Inc. increased its holdings in shares of American Homes 4 Rent by 8.7% in the 4th quarter. Principal Financial Group Inc. now owns 15,810,964 shares of the real estate investment trust’s stock worth $507,532,000 after buying an additional 1,260,717 shares during the last quarter. Algebris UK Ltd. bought a new stake in shares of American Homes 4 Rent in the 4th quarter worth about $34,166,000. Finally, Strs Ohio increased its holdings in shares of American Homes 4 Rent by 50.5% in the 4th quarter. Strs Ohio now owns 246,263 shares of the real estate investment trust’s stock worth $7,905,000 after buying an additional 82,615 shares during the last quarter. Institutional investors own 91.87% of the company’s stock.

Insider Activity at American Homes 4 Rent In other American Homes 4 Rent news, Director Jack E. Corrigan purchased 2,041 shares of American Homes 4 Rent stock in a transaction dated Monday, May 18th. The shares were acquired at an average cost of $23.53 per share, with a total value of $48,024.73. Following the completion of the transaction, the director owned 17,000 shares in the company, valued at approximately $400,010. This trade represents a 13.64% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders have purchased 5,000 shares of company stock worth $117,024. Insiders own 5.70% of the company’s stock.

Analyst Upgrades and Downgrades A number of research analysts recently commented on AMH shares. Wall Street Zen raised shares of American Homes 4 Rent from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Scotiabank boosted their price objective on American Homes 4 Rent from $32.00 to $33.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft set a $39.00 price objective on American Homes 4 Rent in a research report on Friday, June 26th. Barclays raised their price objective on American Homes 4 Rent from $32.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada lifted their target price on American Homes 4 Rent from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.47.

Get Our Latest Research Report on American Homes 4 Rent

American Homes 4 Rent Stock Down 1.1% Shares of NYSE:AMH opened at $33.32 on Wednesday. American Homes 4 Rent has a 52-week low of $27.22 and a 52-week high of $36.86. The stock has a market cap of $12.02 billion, a P/E ratio of 27.09, a price-to-earnings-growth ratio of 4.54 and a beta of 0.79. The business’s 50 day moving average is $32.80 and its 200 day moving average is $31.24. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67.

American Homes 4 Rent (NYSE:AMH – Get Free Report) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.30. The business had revenue of $472.02 million for the quarter, compared to the consensus estimate of $470.62 million. American Homes 4 Rent had a net margin of 25.27% and a return on equity of 6.08%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 EPS. American Homes 4 Rent has set its FY 2026 guidance at 1.890-1.950 EPS. Sell-side analysts predict that American Homes 4 Rent will post 1.88 EPS for the current year.

American Homes 4 Rent Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, June 15th. American Homes 4 Rent’s payout ratio is 107.32%.

American Homes 4 Rent Profile (Free Report)

American Homes 4 Rent (NYSE: AMH) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development and management of single-family rental homes. Since its initial public offering in April 2013, the company has focused on building a large-scale, professionally managed portfolio of homes designed to meet the needs of today’s renters. Its business model emphasizes the acquisition of well-located properties coupled with consistent, in-house property management to drive occupancy and long-term value.

As of the most recent reporting, American Homes 4 Rent owns and operates tens of thousands of homes across the United States, with concentration in key Sun Belt and high-growth markets.

Recommended Stories Five stocks we like better than American Homes 4 Rent 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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Posted by Defense World Staff on Jul 22nd, 2026

Fifth Third Bancorp raised its position in shares of Chart Industries, Inc. (NYSE:GTLS – Free Report) by 1,390.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,837 shares of the industrial products company’s stock after purchasing an additional 10,110 shares during the quarter. Fifth Third Bancorp’s holdings in Chart Industries were worth $2,240,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Torren Management LLC bought a new stake in shares of Chart Industries during the 4th quarter valued at $30,000. Los Angeles Capital Management LLC bought a new position in Chart Industries in the 4th quarter worth $40,000. MCF Advisors LLC purchased a new stake in Chart Industries in the 4th quarter worth $41,000. Smartleaf Asset Management LLC increased its stake in Chart Industries by 44.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock worth $46,000 after buying an additional 69 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Chart Industries by 44.8% during the second quarter. Geneos Wealth Management Inc. now owns 323 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 100 shares during the period.

Analyst Upgrades and Downgrades Several equities analysts have recently commented on GTLS shares. Wall Street Zen upgraded Chart Industries from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th. Zacks Research cut Chart Industries from a “hold” rating to a “strong sell” rating in a research report on Monday, April 27th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Chart Industries in a research note on Wednesday, June 24th. Ten research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $210.00.

Check Out Our Latest Stock Report on Chart Industries

Chart Industries Stock Performance GTLS opened at $209.90 on Wednesday. The stock has a market capitalization of $10.05 billion, a price-to-earnings ratio of -201.82, a PEG ratio of 1.24 and a beta of 1.53. The company has a fifty day moving average of $208.23 and a 200 day moving average of $207.59. Chart Industries, Inc. has a fifty-two week low of $163.23 and a fifty-two week high of $209.96. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.21 and a current ratio of 1.53.

About Chart Industries (Free Report)

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.

Featured Stories Five stocks we like better than Chart Industries 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 GTLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chart Industries, Inc. (NYSE:GTLS – Free Report).

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AI stocks struggle as investors lock in some profit following a furious rebound the previous session.

Posted by Defense World Staff on Jul 22nd, 2026

Bessemer Group Inc. grew its stake in Polaris Inc. (NYSE:PII – Free Report) by 50.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,150 shares of the company’s stock after acquiring an additional 23,415 shares during the quarter. Bessemer Group Inc. owned 0.12% of Polaris worth $3,823,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PII. Independent Financial Group LLC bought a new stake in Polaris in the first quarter valued at approximately $263,000. State of Michigan Retirement System increased its position in shares of Polaris by 2.4% in the 1st quarter. State of Michigan Retirement System now owns 12,879 shares of the company’s stock valued at $702,000 after buying an additional 300 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Polaris by 60.8% in the 1st quarter. Principal Financial Group Inc. now owns 186,166 shares of the company’s stock valued at $10,146,000 after buying an additional 70,421 shares in the last quarter. Chicago Partners Investment Group LLC raised its stake in Polaris by 24.7% during the 1st quarter. Chicago Partners Investment Group LLC now owns 4,605 shares of the company’s stock worth $270,000 after buying an additional 913 shares during the period. Finally, Teachers Retirement System of The State of Kentucky lifted its holdings in Polaris by 87.0% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 34,937 shares of the company’s stock worth $1,905,000 after acquiring an additional 16,252 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In A number of equities research analysts have recently commented on the company. Morgan Stanley dropped their price target on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 19th. Zacks Research lowered shares of Polaris from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Raymond James Financial reissued an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. Citigroup increased their target price on Polaris from $58.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Wells Fargo & Company increased their price objective on Polaris from $60.00 to $65.00 and gave the stock an “equal weight” rating in a report on Friday, July 10th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $65.00.

Read Our Latest Research Report on PII

Polaris Price Performance NYSE:PII opened at $73.38 on Wednesday. The company has a market cap of $4.17 billion, a P/E ratio of -9.36 and a beta of 1.25. Polaris Inc. has a 52-week low of $47.14 and a 52-week high of $75.25. The stock’s 50-day simple moving average is $68.15 and its 200 day simple moving average is $64.07. The company has a debt-to-equity ratio of 2.72, a quick ratio of 0.48 and a current ratio of 1.21.

Polaris (NYSE:PII – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.56. The company had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.The business’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.90) EPS. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, sell-side analysts forecast that Polaris Inc. will post 1.76 EPS for the current fiscal year.

Polaris Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, June 1st. Polaris’s dividend payout ratio is presently -34.69%.

Polaris Company Profile (Free Report)

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.

Read More Five stocks we like better than Polaris 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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Posted by Defense World Staff on Jul 22nd, 2026

Bessemer Group Inc. increased its holdings in shares of Atlantic Union Bankshares Co. (NYSE:AUB – Free Report) by 12,923.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 108,358 shares of the company’s stock after purchasing an additional 107,526 shares during the quarter. Bessemer Group Inc. owned approximately 0.08% of Atlantic Union Bankshares worth $3,872,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund raised its stake in Atlantic Union Bankshares by 6.1% during the 1st quarter. Illinois Municipal Retirement Fund now owns 77,096 shares of the company’s stock worth $2,755,000 after acquiring an additional 4,418 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Atlantic Union Bankshares in the 1st quarter valued at about $208,000. Principal Financial Group Inc. grew its stake in Atlantic Union Bankshares by 40.1% during the 1st quarter. Principal Financial Group Inc. now owns 951,373 shares of the company’s stock worth $34,002,000 after buying an additional 272,119 shares during the last quarter. Fifth Third Bancorp lifted its stake in Atlantic Union Bankshares by 2,292.8% in the first quarter. Fifth Third Bancorp now owns 47,497 shares of the company’s stock valued at $1,698,000 after buying an additional 45,512 shares during the last quarter. Finally, Sovran Advisors LLC boosted its holdings in shares of Atlantic Union Bankshares by 25.0% in the first quarter. Sovran Advisors LLC now owns 39,232 shares of the company’s stock valued at $1,477,000 after acquiring an additional 7,846 shares during the period. 78.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes A number of analysts recently weighed in on AUB shares. Morgan Stanley increased their price target on shares of Atlantic Union Bankshares from $42.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Monday, June 29th. Stephens reissued an “overweight” rating and set a $46.00 price target on shares of Atlantic Union Bankshares in a report on Thursday, June 11th. Piper Sandler upped their price objective on Atlantic Union Bankshares from $45.00 to $46.00 and gave the company an “overweight” rating in a research note on Thursday, June 11th. TD Cowen lifted their target price on Atlantic Union Bankshares from $44.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Finally, Zacks Research cut Atlantic Union Bankshares from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $43.62.

View Our Latest Stock Analysis on Atlantic Union Bankshares

Atlantic Union Bankshares Price Performance Shares of NYSE:AUB opened at $42.68 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.15. The company has a 50-day moving average price of $39.68 and a 200 day moving average price of $38.36. Atlantic Union Bankshares Co. has a 52 week low of $30.39 and a 52 week high of $43.62. The company has a market cap of $6.11 billion, a P/E ratio of 18.08 and a beta of 0.79.

Atlantic Union Bankshares (NYSE:AUB – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.02. The firm had revenue of $387.57 million for the quarter, compared to the consensus estimate of $389.06 million. Atlantic Union Bankshares had a return on equity of 10.74% and a net margin of 15.50%.The company’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.95 earnings per share. Research analysts predict that Atlantic Union Bankshares Co. will post 3.74 earnings per share for the current year.

Atlantic Union Bankshares Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, May 22nd. Atlantic Union Bankshares’s dividend payout ratio is presently 62.71%.

Key Stories Impacting Atlantic Union Bankshares Here are the key news stories impacting Atlantic Union Bankshares this week:

Positive Sentiment: AUB reported adjusted EPS of $0.94, topping the $0.92 consensus, while revenue came in at $387.6 million and rose 3.1% year over year, signaling solid core performance. Article: Atlantic Union (AUB) Surpasses Q2 Earnings and Revenue Estimates Positive Sentiment: The quarter showed steady balance-sheet expansion, with loans at $28.67 billion and deposits at $30.47 billion, alongside a strong net interest margin of 3.89%, which supports earnings durability. Article: Atlantic Union Bankshares: A Quality Hold Positive Sentiment: Credit quality remained favorable, with net charge-offs of just 0.03% of loans and allowance for credit losses held at 1.15%, reducing concerns about near-term loan losses. Article: Atlantic Union Bankshares: A Quality Hold Neutral Sentiment: Multiple earnings-call recaps and transcripts were published today, which could keep investor attention on management’s outlook, but they do not add new fundamental information beyond the reported results. Article: Atlantic Union Bankshares Corporation (AUB) Q2 2026 Earnings Call Transcript About Atlantic Union Bankshares (Free Report)

Atlantic Union Bankshares, Inc is a bank holding company headquartered in Richmond, Virginia, operating through its principal subsidiary Atlantic Union Bank. The company offers a full suite of commercial and consumer banking services to individuals, businesses and institutions across Virginia, Maryland, North Carolina and the District of Columbia. Leveraging a network of full-service branches, commercial lending offices and digital platforms, Atlantic Union Bankshares focuses on relationship-driven solutions tailored to its regional client base.

Atlantic Union’s product lineup includes traditional deposit accounts, such as checking, savings and money market accounts, along with certificates of deposit.

Featured Articles Five stocks we like better than Atlantic Union Bankshares 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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Posted by Defense World Staff on Jul 22nd, 2026

Bessemer Group Inc. lifted its stake in ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD – Free Report) by 21,126.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,498 shares of the biopharmaceutical company’s stock after buying an additional 149,789 shares during the period. Bessemer Group Inc. owned approximately 0.09% of ACADIA Pharmaceuticals worth $3,350,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC boosted its stake in ACADIA Pharmaceuticals by 44.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 954,855 shares of the biopharmaceutical company’s stock valued at $21,312,000 after acquiring an additional 296,042 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of ACADIA Pharmaceuticals by 12.7% during the first quarter. Illinois Municipal Retirement Fund now owns 71,183 shares of the biopharmaceutical company’s stock worth $1,585,000 after purchasing an additional 7,996 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of ACADIA Pharmaceuticals by 30.6% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 12,923 shares of the biopharmaceutical company’s stock worth $288,000 after purchasing an additional 3,026 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of ACADIA Pharmaceuticals by 3.1% during the first quarter. Principal Financial Group Inc. now owns 768,224 shares of the biopharmaceutical company’s stock worth $17,101,000 after purchasing an additional 22,868 shares in the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of ACADIA Pharmaceuticals by 5,053.5% in the 1st quarter. Fifth Third Bancorp now owns 31,694 shares of the biopharmaceutical company’s stock valued at $706,000 after purchasing an additional 31,079 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at ACADIA Pharmaceuticals In related news, insider James Kihara sold 5,401 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $21.18, for a total transaction of $114,393.18. Following the completion of the sale, the insider directly owned 24,509 shares of the company’s stock, valued at $519,100.62. This trade represents a 18.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark C. Schneyer sold 3,506 shares of ACADIA Pharmaceuticals stock in a transaction on Monday, May 4th. The shares were sold at an average price of $21.79, for a total transaction of $76,395.74. Following the completion of the transaction, the executive vice president owned 66,145 shares in the company, valued at approximately $1,441,299.55. This trade represents a 5.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,239 shares of company stock valued at $219,813 in the last 90 days. Company insiders own 26.20% of the company’s stock.

ACADIA Pharmaceuticals Stock Up 1.4% NASDAQ ACAD opened at $25.43 on Wednesday. ACADIA Pharmaceuticals Inc. has a 52-week low of $19.69 and a 52-week high of $28.35. The business’s 50-day moving average price is $23.05 and its 200 day moving average price is $23.27. The firm has a market cap of $4.35 billion, a P/E ratio of 11.56, a P/E/G ratio of 18.07 and a beta of 0.80.

ACADIA Pharmaceuticals (NASDAQ:ACAD – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The biopharmaceutical company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). ACADIA Pharmaceuticals had a net margin of 34.30% and a return on equity of 9.61%. The company had revenue of $268.10 million for the quarter, compared to analysts’ expectations of $280.25 million. During the same period in the prior year, the company earned $0.11 earnings per share. The firm’s revenue was up 9.7% on a year-over-year basis. As a group, analysts anticipate that ACADIA Pharmaceuticals Inc. will post 0.37 earnings per share for the current year.

Wall Street Analyst Weigh In A number of brokerages recently issued reports on ACAD. Weiss Ratings cut ACADIA Pharmaceuticals from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 1st. HC Wainwright lowered ACADIA Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada boosted their price objective on ACADIA Pharmaceuticals from $29.00 to $36.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Citigroup increased their price objective on ACADIA Pharmaceuticals from $32.00 to $35.00 and gave the company a “buy” rating in a report on Monday, June 29th. Finally, BMO Capital Markets raised their target price on shares of ACADIA Pharmaceuticals from $34.00 to $36.00 and gave the stock an “outperform” rating in a research report on Tuesday. Thirteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.17.

Check Out Our Latest Research Report on ACAD

About ACADIA Pharmaceuticals (Free Report)

ACADIA Pharmaceuticals Inc is a biopharmaceutical company focused on the development and commercialization of innovative therapies for central nervous system (CNS) disorders. Established in 1993 and headquartered in San Diego, California, ACADIA’s research centers concentrate on conditions with significant unmet medical needs, including Parkinson’s disease psychosis, Alzheimer’s disease psychosis, and schizophrenia. The company utilizes a range of scientific platforms, including selective receptor modulation and precision-targeted compounds, to advance its portfolio of small-molecule therapeutics.

The company’s flagship product, NUPLAZID® (pimavanserin), received U.S.

See Also Five stocks we like better than ACADIA Pharmaceuticals 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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CHICAGO--(BUSINESS WIRE)---- $ILMN #AI--Fishbone Advisors, a capital markets intelligence firm, today released a new report showing that healthcare's AI narrative has a credibility problem with institutional investors. In every healthcare subsector, roughly half to two-thirds of investors (48% to 67%) agree that management overemphasizes AI relative to its actual financial contribution, the most consistent finding in “Hallucinating Value: Healthcare's AI Narrative.” The findings come from the Fishbone Health.

86% of Canadians surveyed rank inflation among their top three household financial concerns; 51% continue to cut discretionary spendingDespite improving financial optimism over household finances, 50% say their income isn’t keeping pace with inflationOne quarter (25%) of consumers plan to apply for new credit, but many remain cautious about borrowing costsAs fraud threats rise, 40% of Canadians surveyed now check their credit report at least monthly TORONTO, July 22, 2026 (GLOBE NEWSWIRE) -- Canadians are showing modest signs of financial improvement, but affordability pressures continue to shape how they spend, borrow and protect themselves financially, according to TransUnion's (NYSE: TRU) Q2 2026 Canada Consumer Pulse Study. While financial optimism has improved over the past year, with 45% of Canadians surveyed expressing optimism about their household finances over the next 12 months, many households continue to feel financially stretched. Half (50%) of Canadians surveyed said their income isn't keeping pace with inflation, while 86% ranked inflation among their top three household financial concerns.

The survey responses suggest a gradual improvement in Canadians' financial health, driven by stronger household incomes and growing confidence about the year ahead. One-quarter (25%) of consumers reported an increase in household income over the past three months, while nearly one in four (24%) said their finances are better than expected so far this year – the highest level recorded in the past year. However, those gains do not appear to have translated into broad financial relief, as many households continue to face cost-of-living pressures and absorb higher everyday expenses.

"Many Canadians are beginning to see improvements in their financial outlook and have adapted to sustained periods of economic uncertainty. They're continuing to make decisions through an affordability lens," said Matt Fabian, senior director of financial services research and consulting at TransUnion Canada. "While improving incomes and easing economic conditions are helping households regain their footing, affordability continues to shape everyday financial decisions. We're seeing Canadians become more intentional with how they spend, borrow and manage their financial health as they adapt to a higher-cost environment.”

Affordability Continues to Shape Spending Decisions
Although household finances are beginning to improve, many Canadians continue to make deliberate trade-offs in how they manage their budgets. The findings suggest consumers remain focused on essential expenses while remaining selective about discretionary purchases, even as some early signs point to growing financial confidence.

Among those surveyed:

51% cut back on discretionary spending, including dining out, travel and entertainment26% cancelled subscriptions or memberships18% chose to pay down debt obligations faster11% increased discretionary spending, up three percentage points year over year, signaling early signs that some households are beginning to regain financial flexibility Canadians Remain Cautious About Borrowing
Despite ongoing affordability pressures, Canadians have not materially pulled back from the credit market. One-quarter (25%) of Canadians surveyed plan to apply for new credit or refinance existing credit over the next year, unchanged from a year ago, demonstrating that consumers continue to value credit as a financial tool. However, the findings suggest many Canadians are taking a more cautious and deliberate approach to borrowing as they navigate higher living costs.

Younger Canadians continue to lead the demand for new credit, with nearly half (48%) of Gen Z consumers and 37% of Millennials planning to apply for new credit or refinance existing credit over the next year. Credit cards remain the preferred borrowing product, with nearly half (49%) of prospective borrowers planning to apply for a new credit card.

At the same time, about one in five Canadians (21%) considered applying for new credit but ultimately chose not to move forward. Among those consumers, 29% said they decided they didn't need additional credit, while 26% cited the cost of credit as the primary reason. Roughly one in five also believed they would not qualify because of their credit history (22%) or income and employment status (20%), underscoring how affordability pressures continue to influence borrowing decisions.

"We're seeing Canadians become more intentional in how they approach credit," said Fabian. "Consumers continue to recognize the value of credit, but they're carefully weighing borrowing costs, eligibility and their financial needs before making decisions. That reflects a more thoughtful approach to managing finances as households continue adapting to a higher-cost environment."

Growing Fraud Threats are Driving More Proactive Financial Management
As fraud attempts and data breaches become increasingly common, Canadians are taking a more active role in monitoring and protecting their financial health. The study found that 44% of Canadians were targeted by fraud in the past three months but did not become victims, while 20% said they had been notified they were affected by a data breach.

Against that backdrop, credit monitoring is becoming an increasingly common financial habit, with 40% of consumers checking their credit report at least monthly, up three percentage points year over year. Consumers are also increasingly monitoring their credit reports to detect fraud and verify the accuracy of their credit information, rather than to simply improve their credit scores.

Despite growing awareness of cybersecurity risks, significant knowledge gaps remain. One-third (33%) of consumers reported taking no action to address cybersecurity concerns, while more than half (51%) of those consumers said they were unsure what steps to take.

About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries and territories, including Canada, where we’re the credit bureau of choice for the financial services ecosystem and most of Canada’s largest banks. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this by providing an actionable view of consumers, stewarded with care.

Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

For more information visit transunion.ca.

ContactRachel [email protected](647) 854-8850

Posted by Defense World Staff on Jul 22nd, 2026

D.A. Davidson & CO. increased its stake in Kimco Realty Corporation (NYSE:KIM – Free Report) by 78.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 87,771 shares of the real estate investment trust’s stock after purchasing an additional 38,570 shares during the period. D.A. Davidson & CO.’s holdings in Kimco Realty were worth $1,972,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of KIM. Zions Bancorporation National Association UT boosted its position in shares of Kimco Realty by 270.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,437 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,049 shares in the last quarter. Brown Lisle Cummings Inc. lifted its stake in Kimco Realty by 127.3% during the fourth quarter. Brown Lisle Cummings Inc. now owns 1,500 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 840 shares during the last quarter. Root Financial Partners LLC lifted its stake in Kimco Realty by 60.7% during the first quarter. Root Financial Partners LLC now owns 1,446 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 546 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Kimco Realty in the 2nd quarter valued at $37,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Kimco Realty in the 2nd quarter valued at $42,000. Institutional investors and hedge funds own 89.25% of the company’s stock.

Kimco Realty Stock Up 0.2% Kimco Realty stock opened at $26.07 on Wednesday. Kimco Realty Corporation has a fifty-two week low of $19.76 and a fifty-two week high of $26.45. The stock has a market cap of $17.58 billion, a PE ratio of 30.32, a price-to-earnings-growth ratio of 2.87 and a beta of 0.95. The firm’s 50-day simple moving average is $24.75 and its 200 day simple moving average is $23.25. The company has a debt-to-equity ratio of 0.78, a quick ratio of 3.78 and a current ratio of 3.78.

Kimco Realty (NYSE:KIM – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.46 EPS for the quarter, beating the consensus estimate of $0.45 by $0.01. Kimco Realty had a net margin of 28.54% and a return on equity of 5.82%. The firm had revenue of $558.02 million during the quarter, compared to analyst estimates of $542.73 million. During the same quarter last year, the business posted $0.44 EPS. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. Kimco Realty has set its FY 2026 guidance at 1.810-1.840 EPS. Research analysts predict that Kimco Realty Corporation will post 1.83 EPS for the current fiscal year.

Kimco Realty Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Friday, June 5th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, June 5th. Kimco Realty’s dividend payout ratio (DPR) is presently 120.93%.

Wall Street Analysts Forecast Growth A number of research analysts have issued reports on KIM shares. Wall Street Zen upgraded Kimco Realty from a “sell” rating to a “hold” rating in a research report on Sunday, April 26th. Truist Financial increased their target price on shares of Kimco Realty from $23.00 to $25.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Stifel Nicolaus set a $28.00 target price on shares of Kimco Realty in a report on Thursday, June 11th. Piper Sandler raised their price target on shares of Kimco Realty from $28.00 to $31.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Wolfe Research raised shares of Kimco Realty from a “peer perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.06.

Get Our Latest Research Report on Kimco Realty

About Kimco Realty (Free Report)

Founded in 1958 by Milton Cooper and headquartered in Jericho, New York, Kimco Realty Corporation (NYSE: KIM) is a leading publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of open-air shopping centers. The company’s portfolio, concentrated on neighborhood and community centers anchored by grocery stores, encompasses approximately 400 properties across the United States, with selective holdings in Canada and Mexico.

Kimco’s core business activities include acquiring, repositioning and managing retail real estate assets that serve as daily-need destinations for consumers.

Featured Stories Five stocks we like better than Kimco Realty 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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