D.A. Davidson & CO. raised its stake in Helios Technologies, Inc (NYSE:HLIO – Free Report) by 26.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,980 shares of the company’s stock after buying an additional 6,493 shares during the period. D.A. Davidson & CO. owned approximately 0.09% of Helios Technologies worth $2,005,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of HLIO. Triumph Capital Management acquired a new position in shares of Helios Technologies in the 3rd quarter worth $36,000. Quarry LP raised its position in shares of Helios Technologies by 948.6% during the third quarter. Quarry LP now owns 1,164 shares of the company’s stock worth $61,000 after purchasing an additional 1,053 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of Helios Technologies during the fourth quarter valued at $66,000. Kemnay Advisory Services Inc. acquired a new position in shares of Helios Technologies in the 4th quarter valued at $104,000. Finally, Osaic Holdings Inc. boosted its position in shares of Helios Technologies by 14.1% in the 4th quarter. Osaic Holdings Inc. now owns 2,942 shares of the company’s stock valued at $158,000 after purchasing an additional 363 shares during the period. Institutional investors and hedge funds own 94.72% of the company’s stock.
Helios Technologies Trading Up 1.0% Shares of NYSE HLIO opened at $81.91 on Wednesday. Helios Technologies, Inc has a one year low of $34.95 and a one year high of $95.05. The firm has a market capitalization of $2.71 billion, a PE ratio of 45.00 and a beta of 1.25. The company has a current ratio of 2.86, a quick ratio of 1.58 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $83.05 and a two-hundred day moving average price of $72.94.
Helios Technologies (NYSE:HLIO – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.12. Helios Technologies had a net margin of 6.98% and a return on equity of 10.49%. The business had revenue of $228.40 million during the quarter. During the same period last year, the company earned $0.44 earnings per share. Helios Technologies’s revenue for the quarter was up 16.8% compared to the same quarter last year. Helios Technologies has set its Q2 2026 guidance at 0.780-0.830 EPS and its FY 2026 guidance at 2.750-3.000 EPS. As a group, analysts predict that Helios Technologies, Inc will post 2.9 earnings per share for the current fiscal year.
Helios Technologies Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.6%. Helios Technologies’s dividend payout ratio (DPR) is 26.37%.
Insider Activity at Helios Technologies In other news, insider Matteo Arduini sold 6,027 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $90.42, for a total transaction of $544,961.34. Following the transaction, the insider directly owned 11,317 shares in the company, valued at $1,023,283.14. The trade was a 34.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders have sold 13,027 shares of company stock worth $1,134,121. Insiders own 0.50% of the company’s stock.
Analyst Ratings Changes Several analysts have issued reports on the company. Stifel Nicolaus boosted their price objective on Helios Technologies from $89.00 to $93.00 and gave the stock a “buy” rating in a report on Monday. Robert W. Baird raised their target price on shares of Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their target price on shares of Helios Technologies from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. KeyCorp boosted their price target on shares of Helios Technologies from $85.00 to $95.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, Zacks Research upgraded shares of Helios Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $93.25.
View Our Latest Stock Report on Helios Technologies
About Helios Technologies (Free Report)
Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company’s Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.
Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.
Featured Stories Five stocks we like better than Helios Technologies Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding HLIO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helios Technologies, Inc (NYSE:HLIO – Free Report).
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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.
California Public Employees Retirement System reduced its position in Fortive Corporation (NYSE:FTV – Free Report) by 4.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 580,757 shares of the technology company’s stock after selling 26,141 shares during the quarter. California Public Employees Retirement System owned about 0.19% of Fortive worth $32,104,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its holdings in shares of Fortive by 43.6% in the 4th quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock worth $31,000 after purchasing an additional 168 shares during the period. Rothschild Investment LLC grew its holdings in shares of Fortive by 20.5% during the 4th quarter. Rothschild Investment LLC now owns 1,113 shares of the technology company’s stock worth $61,000 after purchasing an additional 189 shares during the period. Empowered Funds LLC increased its position in Fortive by 2.3% during the 4th quarter. Empowered Funds LLC now owns 8,733 shares of the technology company’s stock worth $482,000 after purchasing an additional 197 shares in the last quarter. Park Avenue Securities LLC increased its position in Fortive by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 8,401 shares of the technology company’s stock worth $464,000 after purchasing an additional 208 shares in the last quarter. Finally, Clearstead Trust LLC raised its holdings in Fortive by 29.8% in the fourth quarter. Clearstead Trust LLC now owns 953 shares of the technology company’s stock valued at $53,000 after buying an additional 219 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock.
Analyst Upgrades and Downgrades Several research firms have issued reports on FTV. Argus upgraded shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research note on Monday, May 11th. Morgan Stanley upped their price target on shares of Fortive from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Fortive in a report on Friday, May 22nd. Truist Financial raised their price objective on Fortive from $61.00 to $67.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Finally, Wells Fargo & Company upped their target price on Fortive from $58.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Fortive has an average rating of “Hold” and a consensus target price of $63.00.
Read Our Latest Analysis on FTV
Insider Buying and Selling at Fortive In related news, SVP Peter C. Underwood sold 47,557 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $60.81, for a total transaction of $2,891,941.17. Following the sale, the senior vice president directly owned 87,780 shares of the company’s stock, valued at approximately $5,337,901.80. This represents a 35.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.65% of the company’s stock.
Fortive Stock Down 0.5% Shares of Fortive stock opened at $60.68 on Wednesday. Fortive Corporation has a 1-year low of $46.34 and a 1-year high of $64.33. The company has a market capitalization of $18.50 billion, a PE ratio of 36.33 and a beta of 1.06. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.71 and a quick ratio of 0.57. The business has a 50-day moving average of $60.69 and a 200-day moving average of $58.40.
Fortive (NYSE:FTV – Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. The company had revenue of $2.14 billion for the quarter, compared to analyst estimates of $1.04 billion. Fortive had a return on equity of 12.66% and a net margin of 12.84%.Fortive’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, equities analysts forecast that Fortive Corporation will post 2.97 EPS for the current fiscal year.
Fortive Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 22nd were given a $0.06 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. Fortive’s dividend payout ratio (DPR) is presently 14.37%.
Fortive declared that its board has approved a stock buyback plan on Monday, May 4th that authorizes the company to buyback 20,000,000 shares. This buyback authorization authorizes the technology company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.
Fortive Profile (Free Report)
Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.
Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.
See Also Five stocks we like better than Fortive 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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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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California Public Employees Retirement System cut its holdings in Everest Group, Ltd. (NYSE:EG – Free Report) by 11.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,010 shares of the company’s stock after selling 12,645 shares during the quarter. California Public Employees Retirement System owned 0.19% of Everest Group worth $30,727,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the business. Assetmark Inc. lifted its position in shares of Everest Group by 2.7% during the 1st quarter. Assetmark Inc. now owns 287,847 shares of the company’s stock valued at $94,083,000 after buying an additional 7,539 shares in the last quarter. Bessemer Group Inc. increased its holdings in Everest Group by 0.4% in the 1st quarter. Bessemer Group Inc. now owns 10,403 shares of the company’s stock worth $3,401,000 after acquiring an additional 42 shares in the last quarter. Wealthfront Advisers LLC raised its position in Everest Group by 17.9% during the first quarter. Wealthfront Advisers LLC now owns 835 shares of the company’s stock worth $273,000 after acquiring an additional 127 shares during the period. Twin Capital Management Inc. raised its position in Everest Group by 1.6% during the first quarter. Twin Capital Management Inc. now owns 3,978 shares of the company’s stock worth $1,300,000 after acquiring an additional 64 shares during the period. Finally, Illinois Municipal Retirement Fund lifted its holdings in Everest Group by 40.0% during the first quarter. Illinois Municipal Retirement Fund now owns 13,401 shares of the company’s stock valued at $4,380,000 after purchasing an additional 3,827 shares in the last quarter. 92.64% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets In other news, CEO Jason Keen sold 775 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $351.84, for a total transaction of $272,676.00. Following the transaction, the chief executive officer directly owned 8,170 shares in the company, valued at $2,874,532.80. The trade was a 8.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.70% of the stock is owned by company insiders.
Analysts Set New Price Targets Several brokerages have recently issued reports on EG. Weiss Ratings upgraded shares of Everest Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Atlantic Securities set a $484.00 price target on shares of Everest Group in a research note on Wednesday, July 15th. Evercore set a $375.00 price objective on Everest Group in a report on Friday, July 10th. Morgan Stanley boosted their price objective on Everest Group from $355.00 to $360.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Finally, Cantor Fitzgerald increased their target price on Everest Group from $344.00 to $390.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $387.73.
View Our Latest Stock Analysis on EG
Everest Group Price Performance Shares of NYSE EG opened at $376.88 on Wednesday. The firm has a 50-day simple moving average of $350.92 and a 200-day simple moving average of $339.45. The stock has a market capitalization of $14.91 billion, a price-to-earnings ratio of 7.66, a price-to-earnings-growth ratio of 0.59 and a beta of 0.29. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.23. Everest Group, Ltd. has a 52 week low of $302.44 and a 52 week high of $385.68.
Everest Group (NYSE:EG – Get Free Report) last posted its quarterly earnings results on Monday, March 23rd. The company reported $16.08 earnings per share for the quarter. Everest Group had a net margin of 11.76% and a return on equity of 14.70%. The firm had revenue of $4.07 billion for the quarter. On average, equities analysts predict that Everest Group, Ltd. will post 52.86 earnings per share for the current fiscal year.
Everest Group Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 12th were paid a $2.00 dividend. This represents a $8.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, June 12th. Everest Group’s dividend payout ratio (DPR) is 16.27%.
Key Stories Impacting Everest Group Here are the key news stories impacting Everest Group this week:
Neutral Sentiment: Zacks Research slightly raised its Q3 2026 EPS estimate for Everest Group, which is a small positive offset amid broader estimate cuts. Everest Group, Ltd. (NYSE:EG) report Negative Sentiment: Analysts lowered Everest Group’s FY2026 earnings estimate, signaling a somewhat softer profit outlook for the current year. Everest Group, Ltd. (NYSE:EG) report Negative Sentiment: Additional downward revisions to FY2027 and FY2028 EPS estimates suggest analysts see less upside in long-term earnings growth than before. Everest Group, Ltd. (NYSE:EG) report Negative Sentiment: A separate commentary piece flagged “3 reasons to sell EG,” which may add to negative investor sentiment, even though it does not include new company-specific fundamentals. 3 reasons to sell EG and 1 stock to buy instead Everest Group Company Profile (Free Report)
Everest Group (NYSE:EG) is a global research and consulting firm specializing in strategic advisory, market intelligence, and data-driven analysis for business process, information technology, and emerging technology services. The company provides insights and benchmarks that help enterprises and service providers optimize digital transformation initiatives, sourcing strategies, and operational performance. Through its proprietary research frameworks and data analytics, Everest Group delivers actionable guidance on areas such as automation, cloud migration, customer experience, and supply chain resilience.
With offerings that span advisory engagements, managed services research, and consulting projects, Everest Group serves multiple industry verticals, including banking and financial services, healthcare, manufacturing, telecommunications, and retail.
Featured Articles Five stocks we like better than Everest 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 EG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Everest Group, Ltd. (NYSE:EG – Free Report).
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Bessemer Group Inc. grew its position in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 108.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,620 shares of the business services provider’s stock after buying an additional 7,088 shares during the quarter. Bessemer Group Inc.’s holdings in Verisk Analytics were worth $2,584,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Mcguire Capital Advisors Inc. purchased a new stake in shares of Verisk Analytics in the 4th quarter worth about $27,000. Osterweis Capital Management Inc. purchased a new position in Verisk Analytics during the 2nd quarter valued at about $28,000. Reflection Asset Management purchased a new position in Verisk Analytics during the 4th quarter valued at about $30,000. Elyxium Wealth LLC acquired a new position in Verisk Analytics during the fourth quarter worth about $31,000. Finally, MCF Advisors LLC raised its position in Verisk Analytics by 141.7% during the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after acquiring an additional 85 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Analysts Set New Price Targets Several analysts have issued reports on VRSK shares. Rothschild & Co Redburn set a $185.00 price target on shares of Verisk Analytics and gave the company a “neutral” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. raised their price objective on shares of Verisk Analytics from $220.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Weiss Ratings downgraded Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Bank of America reduced their target price on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Finally, Morgan Stanley set a $235.00 target price on Verisk Analytics in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $234.87.
Check Out Our Latest Stock Report on Verisk Analytics
Insider Transactions at Verisk Analytics In related news, Director Bruce Edward Hansen sold 2,336 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $174.99, for a total value of $408,776.64. Following the completion of the sale, the director directly owned 15,868 shares in the company, valued at approximately $2,776,741.32. The trade was a 12.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Samuel G. Liss sold 6,765 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $177.63, for a total transaction of $1,201,666.95. Following the transaction, the director directly owned 69,098 shares of the company’s stock, valued at $12,273,877.74. This trade represents a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 16,507 shares of company stock worth $2,925,710 in the last three months. Company insiders own 0.52% of the company’s stock.
Verisk Analytics Stock Performance Verisk Analytics stock opened at $195.25 on Wednesday. The firm has a market capitalization of $25.58 billion, a P/E ratio of 29.72, a PEG ratio of 2.26 and a beta of 0.69. The stock has a fifty day moving average price of $180.30 and a 200 day moving average price of $189.95. Verisk Analytics, Inc. has a 52 week low of $155.94 and a 52 week high of $303.13. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 10.42.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its earnings results on Wednesday, April 29th. The business services provider reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.06. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The firm had revenue of $782.60 million for the quarter, compared to the consensus estimate of $771.62 million. During the same period in the prior year, the business posted $1.73 earnings per share. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. Verisk Analytics has set its FY 2026 guidance at 7.450-7.750 EPS. Equities research analysts anticipate that Verisk Analytics, Inc. will post 7.65 earnings per share for the current year.
Verisk Analytics Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, June 15th. Verisk Analytics’s dividend payout ratio is presently 30.44%.
Verisk Analytics Profile (Free Report)
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
Read More Five stocks we like better than Verisk Analytics 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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Bank of New York Mellon Corp lowered its position in Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX) by 1.3% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,884,086 shares of the gold and copper producer’s stock after selling 23,937 shares during the period. Bank of New York Mellon Corp owned 0.11% of Barrick Mining worth $76,852,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. grew its holdings in shares of Barrick Mining by 13.9% during the first quarter. Hillsdale Investment Management Inc. now owns 1,327,142 shares of the gold and copper producer’s stock worth $54,223,000 after buying an additional 161,641 shares in the last quarter. Retirement Planning Group LLC acquired a new stake in shares of Barrick Mining in the first quarter valued at about $222,000. Legacy Capital Group California Inc. purchased a new position in shares of Barrick Mining in the first quarter worth about $637,000. Bleakley Financial Group LLC lifted its stake in shares of Barrick Mining by 14.7% in the first quarter. Bleakley Financial Group LLC now owns 66,468 shares of the gold and copper producer’s stock worth $2,711,000 after buying an additional 8,519 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in Barrick Mining by 19.2% during the first quarter. Principal Financial Group Inc. now owns 214,910 shares of the gold and copper producer’s stock worth $8,755,000 after acquiring an additional 34,555 shares during the last quarter. Hedge funds and other institutional investors own 90.82% of the company’s stock.
Barrick Mining Stock Up 4.3% Shares of NYSE B opened at $36.39 on Wednesday. The company has a market capitalization of $60.52 billion, a P/E ratio of 10.05, a P/E/G ratio of 0.76 and a beta of 0.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.44. The company has a 50 day simple moving average of $39.19 and a 200-day simple moving average of $42.89. Barrick Mining Corporation has a 1 year low of $20.94 and a 1 year high of $54.69.
Barrick Mining (NYSE:B – Get Free Report) (TSE:ABX) last released its quarterly earnings data on Monday, May 11th. The gold and copper producer reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.18. The firm had revenue of $4.11 billion for the quarter, compared to analysts’ expectations of $4.75 billion. Barrick Mining had a return on equity of 14.81% and a net margin of 32.14%.Barrick Mining’s quarterly revenue was up 66.7% compared to the same quarter last year. On average, equities research analysts predict that Barrick Mining Corporation will post 3.61 earnings per share for the current year.
Barrick Mining Cuts Dividend The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.9%. Barrick Mining’s dividend payout ratio (DPR) is presently 19.34%.
Key Stories Impacting Barrick Mining Here are the key news stories impacting Barrick Mining this week:
Positive Sentiment: Barrick announced a C$20.9 million investment in Kingfisher Metals, signaling continued exploration and growth-focused capital deployment. Barrick Announces Investment in Kingfisher Metals Positive Sentiment: JPMorgan kept an overweight rating on Barrick Mining even after lowering its price target to $50 from $58, which still implies meaningful upside from current levels. Benzinga report on JPMorgan price target cut Neutral Sentiment: Analyst estimates for Barrick’s FY2026 EPS were lowered, reflecting some caution around near-term earnings expectations. FY2026 EPS Estimates for Barrick Mining Lowered by Analyst Neutral Sentiment: Additional coverage suggested Barrick’s corporate moves are attracting market interest, though this appears to be a broad sentiment call rather than a new fundamental development. Barrick Mining Corporate Move Lifts Market Interest Wall Street Analysts Forecast Growth A number of research firms have recently issued reports on B. UBS Group dropped their price target on Barrick Mining from $54.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Canadian Imperial Bank of Commerce reduced their price objective on Barrick Mining to $63.00 and set an “outperformer” rating on the stock in a research report on Tuesday, April 21st. Bank of America lowered their price objective on Barrick Mining from $58.00 to $56.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. JPMorgan Chase & Co. dropped their target price on Barrick Mining from $58.00 to $50.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Weiss Ratings downgraded Barrick Mining from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Barrick Mining presently has a consensus rating of “Moderate Buy” and an average price target of $52.46.
Read Our Latest Research Report on B
About Barrick Mining (Free Report)
Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.
The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.
Featured Articles Five stocks we like better than Barrick Mining 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 B? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barrick Mining Corporation (NYSE:B – Free Report) (TSE:ABX).
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Bank of New York Mellon Corp lowered its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 2.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 290,328 shares of the industrial products company’s stock after selling 6,224 shares during the period. Bank of New York Mellon Corp owned 0.79% of Applied Industrial Technologies worth $77,030,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Compound Planning Inc. increased its position in Applied Industrial Technologies by 4.7% during the fourth quarter. Compound Planning Inc. now owns 822 shares of the industrial products company’s stock worth $211,000 after buying an additional 37 shares during the last quarter. US Asset Management LLC boosted its stake in shares of Applied Industrial Technologies by 3.3% during the 4th quarter. US Asset Management LLC now owns 1,266 shares of the industrial products company’s stock worth $325,000 after acquiring an additional 41 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Applied Industrial Technologies by 7.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 653 shares of the industrial products company’s stock worth $170,000 after acquiring an additional 45 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of Applied Industrial Technologies by 4.5% during the 1st quarter. Sanctuary Advisors LLC now owns 1,160 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 50 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Applied Industrial Technologies by 3.6% in the 4th quarter. GAMMA Investing LLC now owns 1,585 shares of the industrial products company’s stock valued at $407,000 after acquiring an additional 55 shares during the period. Institutional investors and hedge funds own 93.52% of the company’s stock.
Insider Buying and Selling at Applied Industrial Technologies In related news, Director Madhuri A. Andrews sold 3,845 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $329.89, for a total value of $1,268,427.05. Following the transaction, the director owned 4,951 shares in the company, valued at approximately $1,633,285.39. This trade represents a 43.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Warren E. Hoffner III sold 8,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $306.04, for a total transaction of $2,448,320.00. Following the sale, the vice president directly owned 40,751 shares of the company’s stock, valued at $12,471,436.04. This represents a 16.41% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.60% of the company’s stock.
Analyst Ratings Changes Several brokerages recently commented on AIT. Oppenheimer lifted their target price on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Applied Industrial Technologies in a report on Friday, April 24th. Mizuho upped their target price on Applied Industrial Technologies from $330.00 to $355.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, DA Davidson assumed coverage on Applied Industrial Technologies in a research note on Tuesday, June 16th. They set a “buy” rating and a $380.00 target price on the stock. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $336.71.
Read Our Latest Research Report on Applied Industrial Technologies
Applied Industrial Technologies Price Performance Shares of Applied Industrial Technologies stock opened at $340.91 on Wednesday. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $12.60 billion, a price-to-earnings ratio of 32.19, a price-to-earnings-growth ratio of 2.91 and a beta of 0.83. Applied Industrial Technologies, Inc. has a twelve month low of $238.34 and a twelve month high of $345.48. The company has a 50-day simple moving average of $321.81 and a two-hundred day simple moving average of $293.64.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.63 by $0.02. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Applied Industrial Technologies had a net margin of 8.34% and a return on equity of 21.64%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $2.57 earnings per share. Applied Industrial Technologies has set its Q4 2026 guidance at 2.850-2.960 EPS and its FY 2026 guidance at 10.640-10.750 EPS. Analysts forecast that Applied Industrial Technologies, Inc. will post 10.71 EPS for the current year.
Applied Industrial Technologies Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, August 14th. Applied Industrial Technologies’s dividend payout ratio is presently 19.26%.
Applied Industrial Technologies Company Profile (Free Report)
Applied Industrial Technologies, listed on the New York Stock Exchange under the symbol AIT, is a leading distributor of industrial products and services. The company offers a comprehensive range of bearings, power transmission components, fluid power products, industrial rubber products, and automation solutions. Through its network of distribution centers and branch locations, Applied Industrial Technologies serves diverse end markets including manufacturing, oil and gas, mining, food and beverage, and wastewater treatment.
Founded in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies has grown through a combination of organic expansion and strategic acquisitions.
Featured Articles Five stocks we like better than Applied Industrial Technologies Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System lifted its stake in Alcoa (NYSE:AA – Free Report) by 5.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 460,639 shares of the industrial products company’s stock after buying an additional 23,835 shares during the quarter. California Public Employees Retirement System owned about 0.17% of Alcoa worth $30,554,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp grew its stake in shares of Alcoa by 211.7% during the 4th quarter. Bank of New York Mellon Corp now owns 6,254,017 shares of the industrial products company’s stock valued at $332,338,000 after acquiring an additional 4,247,559 shares during the period. Castle Hook Partners LP bought a new stake in Alcoa during the 4th quarter worth approximately $210,874,000. Maple Rock Capital Partners Inc. purchased a new position in Alcoa during the fourth quarter valued at approximately $173,412,000. AQR Capital Management LLC lifted its holdings in Alcoa by 153.4% during the fourth quarter. AQR Capital Management LLC now owns 4,134,425 shares of the industrial products company’s stock valued at $219,703,000 after purchasing an additional 2,503,132 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Alcoa by 247.9% in the fourth quarter. Invesco Ltd. now owns 2,415,697 shares of the industrial products company’s stock worth $128,370,000 after purchasing an additional 1,721,280 shares during the period.
Analyst Upgrades and Downgrades AA has been the topic of several recent analyst reports. UBS Group decreased their price objective on shares of Alcoa from $80.00 to $68.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Wall Street Zen cut shares of Alcoa from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings upgraded Alcoa from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 17th. Argus set a $73.00 price target on Alcoa in a research note on Monday, April 27th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $53.00 price target (down from $79.00) on shares of Alcoa in a report on Wednesday, July 8th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $62.73.
Get Our Latest Research Report on Alcoa
Alcoa Trading Up 1.7% AA stock opened at $44.23 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.53 and a quick ratio of 0.92. Alcoa has a 1-year low of $28.11 and a 1-year high of $84.38. The business has a 50 day simple moving average of $60.80 and a two-hundred day simple moving average of $62.38. The company has a market capitalization of $11.67 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 0.48 and a beta of 1.63.
Alcoa (NYSE:AA – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The industrial products company reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.13). Alcoa had a net margin of 9.48% and a return on equity of 18.90%. The company had revenue of $3.97 billion for the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter in the previous year, the business earned $0.39 EPS. Research analysts anticipate that Alcoa will post 6.72 EPS for the current fiscal year.
Alcoa Announces Dividend The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 19th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, May 19th. Alcoa’s dividend payout ratio (DPR) is presently 8.23%.
Alcoa Profile (Free Report)
Alcoa Corporation is a global industry leader in the production and management of aluminum, offering an integrated value chain that spans bauxite mining, alumina refining, primary aluminum smelting and the fabrication of value-added products. The company’s operations are organized into segments that include raw material extraction, chemical processing and the manufacture of metal mill products and engineered solutions.
Alcoa’s product portfolio serves diverse end markets such as aerospace, automotive, packaging, construction, electrical and industrial applications.
Read More Five stocks we like better than Alcoa 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 AA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alcoa (NYSE:AA – Free Report).
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, /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU), the secure identity company, today announced that it will report financial results for the second quarter ending June 30, 2026 at approximately 6:00 a.m. ET on Wednesday, August 5, 2026. At 8:00 a.m. ET, results will be discussed via live webcast and teleconference.
Investors and analysts can access the live teleconference call by dialing toll-free 877-407-3089 for U.S. participants and +1 215-268-9854 for international participants. Listeners can access the live webcast HERE. A webcast replay will be available after the event on the investor relations website at https://ir.clearme.com.
About CLEAR
The mission of CLEAR, the secure identity company, is to strengthen security and create frictionless experiences. With over 41 million Members and a growing network of partners across the world, CLEAR's secure identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you—making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we do not sell biometric or sensitive personal data. For more information, visit clearme.com.
Bessemer Group Inc. boosted its holdings in shares of Gentherm Inc (NASDAQ:THRM – Free Report) by 50.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 129,695 shares of the auto parts company’s stock after buying an additional 43,500 shares during the quarter. Bessemer Group Inc. owned 0.42% of Gentherm worth $3,603,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of THRM. Farther Finance Advisors LLC increased its stake in shares of Gentherm by 160.3% in the fourth quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock worth $30,000 after acquiring an additional 500 shares during the period. Los Angeles Capital Management LLC acquired a new position in Gentherm during the fourth quarter valued at $35,000. Eagle Bay Advisors LLC purchased a new stake in Gentherm in the fourth quarter valued at $50,000. Palladiem LLC purchased a new stake in Gentherm in the fourth quarter valued at $52,000. Finally, Nisa Investment Advisors LLC boosted its holdings in Gentherm by 21.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,994 shares of the auto parts company’s stock valued at $73,000 after purchasing an additional 353 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors and hedge funds.
Gentherm Trading Up 3.0% Shares of Gentherm stock opened at $36.64 on Wednesday. The firm has a 50-day simple moving average of $34.81 and a two-hundred day simple moving average of $32.82. The company has a market cap of $1.12 billion, a P/E ratio of 48.85 and a beta of 1.38. Gentherm Inc has a fifty-two week low of $27.00 and a fifty-two week high of $39.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.36 and a current ratio of 1.97.
Gentherm (NASDAQ:THRM – Get Free Report) last posted its earnings results on Thursday, April 23rd. The auto parts company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.31. Gentherm had a net margin of 1.47% and a return on equity of 11.25%. The business had revenue of $393.71 million for the quarter, compared to analyst estimates of $363.81 million. During the same period in the prior year, the company posted $0.51 EPS. The company’s revenue for the quarter was up 11.2% on a year-over-year basis. As a group, equities analysts predict that Gentherm Inc will post 2.75 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades A number of research firms have weighed in on THRM. Stifel Nicolaus lifted their price objective on Gentherm from $38.00 to $44.00 and gave the company a “buy” rating in a research note on Monday. Wall Street Zen upgraded Gentherm from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. JPMorgan Chase & Co. raised their target price on Gentherm from $37.00 to $38.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Weiss Ratings upgraded Gentherm from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 8th. Finally, Robert W. Baird boosted their price target on Gentherm from $33.00 to $34.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $38.60.
Get Our Latest Analysis on THRM
Gentherm Profile (Free Report)
Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.
In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.
Read More Five stocks we like better than Gentherm 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 THRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentherm Inc (NASDAQ:THRM – Free Report).
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Andra AP fonden lifted its holdings in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report) by 51.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,742 shares of the specialty retailer’s stock after buying an additional 58,642 shares during the quarter. Andra AP fonden’s holdings in O’Reilly Automotive were worth $15,946,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in ORLY. Eagle Bay Advisors LLC purchased a new stake in shares of O’Reilly Automotive during the fourth quarter worth about $25,000. Tucker Asset Management LLC purchased a new position in O’Reilly Automotive in the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC acquired a new stake in O’Reilly Automotive in the 4th quarter worth about $27,000. Whipplewood Advisors LLC boosted its holdings in O’Reilly Automotive by 1,552.6% in the 1st quarter. Whipplewood Advisors LLC now owns 314 shares of the specialty retailer’s stock worth $29,000 after buying an additional 295 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC increased its stake in O’Reilly Automotive by 54.3% during the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 324 shares of the specialty retailer’s stock worth $30,000 after buying an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 85.00% of the company’s stock.
O’Reilly Automotive Stock Performance ORLY stock opened at $87.97 on Wednesday. The firm has a market cap of $72.90 billion, a PE ratio of 28.75, a PEG ratio of 1.86 and a beta of 0.51. The firm’s 50 day moving average price is $88.55 and its 200-day moving average price is $91.83. O’Reilly Automotive, Inc. has a one year low of $82.59 and a one year high of $108.71.
O’Reilly Automotive (NASDAQ:ORLY – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The specialty retailer reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.03. The company had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.46 billion. O’Reilly Automotive had a negative return on equity of 263.22% and a net margin of 14.30%.The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the business posted $9.35 earnings per share. O’Reilly Automotive has set its FY 2026 guidance at 3.150-3.250 EPS. Equities research analysts predict that O’Reilly Automotive, Inc. will post 3.24 EPS for the current fiscal year.
Analysts Set New Price Targets A number of equities analysts have commented on the company. Citigroup reissued a “buy” rating and set a $115.00 target price (up from $110.00) on shares of O’Reilly Automotive in a report on Friday, May 1st. Wolfe Research set a $98.00 price target on O’Reilly Automotive in a research note on Wednesday, July 15th. UBS Group boosted their price target on O’Reilly Automotive from $114.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Evercore reissued an “outperform” rating and issued a $115.00 price objective on shares of O’Reilly Automotive in a research note on Friday, May 1st. Finally, Robert W. Baird set a $110.00 price objective on O’Reilly Automotive in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.70.
Read Our Latest Stock Report on ORLY
Insider Buying and Selling In other O’Reilly Automotive news, SVP Philip M. Hopper sold 3,700 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $94.60, for a total value of $350,020.00. Following the sale, the senior vice president owned 4,888 shares of the company’s stock, valued at $462,404.80. The trade was a 43.08% 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, Director John Raymond Murphy sold 2,595 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $88.67, for a total value of $230,098.65. Following the transaction, the director owned 4,000 shares in the company, valued at $354,680. This trade represents a 39.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,730 shares of company stock valued at $9,815,388 over the last three months. Company insiders own 0.77% of the company’s stock.
O’Reilly Automotive Company Profile (Free Report)
O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.
The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.
Further Reading Five stocks we like better than O’Reilly Automotive 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 ORLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for O’Reilly Automotive, Inc. (NASDAQ:ORLY – Free Report).
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ABN Amro Investment Solutions reduced its holdings in Marvell Technology, Inc. (NASDAQ:MRVL – Free Report) by 2.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 151,374 shares of the semiconductor company’s stock after selling 3,045 shares during the quarter. ABN Amro Investment Solutions’ holdings in Marvell Technology were worth $14,994,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Norges Bank acquired a new position in Marvell Technology in the fourth quarter valued at approximately $895,455,000. Rafferty Asset Management LLC raised its stake in shares of Marvell Technology by 111.0% during the second quarter. Rafferty Asset Management LLC now owns 5,810,359 shares of the semiconductor company’s stock valued at $449,722,000 after purchasing an additional 3,056,808 shares in the last quarter. Capital Research Global Investors increased its stake in Marvell Technology by 177.9% during the 4th quarter. Capital Research Global Investors now owns 4,551,249 shares of the semiconductor company’s stock valued at $386,765,000 after buying an additional 2,913,368 shares during the period. AQR Capital Management LLC raised its position in shares of Marvell Technology by 397.3% during the 4th quarter. AQR Capital Management LLC now owns 2,172,943 shares of the semiconductor company’s stock worth $184,657,000 after buying an additional 1,736,006 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Marvell Technology by 7.9% in the 4th quarter. State Street Corp now owns 22,834,816 shares of the semiconductor company’s stock worth $1,940,503,000 after acquiring an additional 1,677,724 shares during the period. 83.51% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Marvell Technology In related news, CEO Matthew J. Murphy sold 7,500 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $177.26, for a total transaction of $1,329,450.00. Following the completion of the sale, the chief executive officer directly owned 739,397 shares of the company’s stock, valued at approximately $131,065,512.22. This represents a 1.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandeep Bharathi sold 2,231 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $299.13, for a total transaction of $667,359.03. Following the completion of the transaction, the insider owned 55,530 shares in the company, valued at $16,610,688.90. The trade was a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 45,981 shares of company stock worth $9,835,542. 0.12% of the stock is currently owned by company insiders.
Marvell Technology Price Performance NASDAQ MRVL opened at $207.96 on Wednesday. The company has a quick ratio of 2.66, a current ratio of 3.28 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $181.92 billion, a PE ratio of 71.22, a price-to-earnings-growth ratio of 1.28 and a beta of 2.20. The company has a 50 day moving average price of $241.88 and a two-hundred day moving average price of $151.14. Marvell Technology, Inc. has a 12-month low of $61.44 and a 12-month high of $329.88.
Marvell Technology (NASDAQ:MRVL – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. Marvell Technology had a net margin of 28.99% and a return on equity of 13.83%. The company had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.41 billion. During the same quarter in the prior year, the business posted $0.62 EPS. Marvell Technology’s quarterly revenue was up 27.6% on a year-over-year basis. Marvell Technology has set its Q2 2027 guidance at 0.880-0.980 EPS. As a group, equities analysts predict that Marvell Technology, Inc. will post 3.07 earnings per share for the current fiscal year.
Marvell Technology Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Friday, July 10th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, July 10th. Marvell Technology’s payout ratio is 8.22%.
Wall Street Analysts Forecast Growth A number of research analysts recently issued reports on the company. Needham & Company LLC boosted their price target on shares of Marvell Technology from $118.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Loop Capital upgraded shares of Marvell Technology to a “strong-buy” rating in a report on Tuesday, June 16th. Melius Research set a $220.00 price objective on Marvell Technology in a research note on Monday, May 18th. Citigroup boosted their price objective on Marvell Technology from $118.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, Jefferies Financial Group lifted their target price on Marvell Technology from $149.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marvell Technology has a consensus rating of “Moderate Buy” and a consensus target price of $245.45.
Read Our Latest Stock Report on Marvell Technology
Key Stories Impacting Marvell Technology Here are the key news stories impacting Marvell Technology this week:
Positive Sentiment: Marvell is benefiting from renewed enthusiasm for AI infrastructure spending, which lifted semiconductor stocks across the market and helped chip names like MRVL rally. Marvell Stock Jumps As AI Infrastructure Spending Boom Powers Semiconductor Rally Positive Sentiment: Market coverage highlighted Marvell among the chip leaders powering a Nasdaq rebound, with investors buying back into memory and AI-related semiconductor stocks after recent weakness. Stock Market Today: Nasdaq Higher As Memory Chip Names Rally; Schwab Slides (Live Coverage) Positive Sentiment: Analysts and media pieces pointed to Marvell’s strong first-half performance and improving growth profile, reinforcing the view that the stock remains a key AI infrastructure play. Why Marvell Jumped 251% in the First Half of the Year Neutral Sentiment: Several commentary pieces noted that Marvell’s valuation has become a renewed topic of debate, suggesting the rally may face scrutiny if growth expectations cool. Marvell Technology (MRVL) Rises With AI Chip Rally As Valuation Questions Return Negative Sentiment: Some articles reminded investors that Marvell is still well below its recent highs, with caution that the stock’s earlier AI-driven surge may have outpaced fundamentals. Marvell Technology: The Stock Is Down 39% From Its High. Time to Buy the Dip? Marvell Technology Company Profile (Free Report)
Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.
Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.
See Also Five stocks we like better than Marvell Technology 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 MRVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marvell Technology, Inc. (NASDAQ:MRVL – Free Report).
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California Public Employees Retirement System lowered its holdings in Brown & Brown, Inc. (NYSE:BRO – Free Report) by 15.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 513,153 shares of the financial services provider’s stock after selling 92,416 shares during the quarter. California Public Employees Retirement System owned 0.15% of Brown & Brown worth $33,463,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in the stock. Union Bancaire Privee UBP SA acquired a new position in shares of Brown & Brown during the 1st quarter worth $25,000. Basepoint Wealth LLC purchased a new position in shares of Brown & Brown in the 4th quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new stake in shares of Brown & Brown in the second quarter valued at about $30,000. DV Equities LLC acquired a new stake in shares of Brown & Brown in the fourth quarter valued at about $33,000. Finally, Maseco LLP acquired a new stake in shares of Brown & Brown in the fourth quarter valued at about $60,000. 71.01% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Brown & Brown In other Brown & Brown news, Director H Palmer Proctor, Jr. purchased 2,000 shares of the stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average cost of $57.10 per share, for a total transaction of $114,200.00. Following the completion of the transaction, the director directly owned 47,621 shares of the company’s stock, valued at $2,719,159.10. This trade represents a 4.38% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 13.13% of the stock is owned by corporate insiders.
Brown & Brown Price Performance Brown & Brown stock opened at $66.53 on Wednesday. Brown & Brown, Inc. has a 52 week low of $53.81 and a 52 week high of $104.25. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.52. The firm’s 50-day simple moving average is $61.63 and its 200 day simple moving average is $66.92. The firm has a market capitalization of $22.55 billion, a PE ratio of 21.39, a P/E/G ratio of 3.18 and a beta of 0.60.
Brown & Brown (NYSE:BRO – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The financial services provider reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.03. Brown & Brown had a net margin of 17.94% and a return on equity of 12.94%. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same period in the prior year, the company earned $1.29 EPS. The firm’s revenue was up 35.4% on a year-over-year basis. On average, equities research analysts predict that Brown & Brown, Inc. will post 4.5 EPS for the current fiscal year.
Brown & Brown Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 11th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, May 11th. Brown & Brown’s dividend payout ratio is 21.22%.
Analysts Set New Price Targets Several brokerages have weighed in on BRO. Wells Fargo & Company lowered their target price on shares of Brown & Brown from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 9th. Truist Financial dropped their target price on shares of Brown & Brown from $100.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Citizens Jmp lifted their price target on shares of Brown & Brown from $70.00 to $78.00 and gave the company a “market outperform” rating in a research report on Friday, July 10th. Citigroup reissued an “outperform” rating on shares of Brown & Brown in a research note on Friday, July 10th. Finally, Weiss Ratings cut Brown & Brown from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 23rd. Five analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Brown & Brown has an average rating of “Hold” and a consensus price target of $78.62.
View Our Latest Report on BRO
Brown & Brown Company Profile (Free Report)
Brown & Brown, Inc (NYSE: BRO) is a professional insurance brokerage and risk advisory firm that provides a broad range of property and casualty, employee benefits, personal risk, and specialty insurance products. The company works with commercial, public sector and individual clients to design and place insurance programs, manage claims and loss control, and deliver risk management consulting. Its services also include wholesale brokerage, program administration and other specialty distribution solutions that connect carriers and intermediaries to niche markets.
Brown & Brown operates through a decentralized model of operating units and subsidiaries, enabling local client service with the scale to access national and specialty markets.
See Also Five stocks we like better than Brown & Brown 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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Allspring Global Investments Holdings LLC raised its stake in shares of WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 5.1% 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 151,575 shares of the utilities provider’s stock after buying an additional 7,333 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in WEC Energy Group were worth $17,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of WEC. Godfrey Financial Associates Inc. purchased a new stake in WEC Energy Group in the 4th quarter worth $25,000. Torren Management LLC bought a new position in shares of WEC Energy Group during the 4th quarter valued at about $26,000. Osterweis Capital Management Inc. purchased a new position in shares of WEC Energy Group during the second quarter valued at about $27,000. Physician Wealth Advisors Inc. grew its position in shares of WEC Energy Group by 113.9% during the first quarter. Physician Wealth Advisors Inc. now owns 246 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 131 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in WEC Energy Group by 972.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 236 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 214 shares during the last quarter. Institutional investors own 77.20% of the company’s stock.
Analysts Set New Price Targets Several analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of WEC Energy Group in a report on Friday, June 26th. Wells Fargo & Company reiterated an “overweight” rating and set a $127.00 price objective on shares of WEC Energy Group in a research report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their price objective on shares of WEC Energy Group from $120.00 to $124.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Barclays upped their price objective on WEC Energy Group from $111.00 to $117.00 and gave the company an “equal weight” rating in a research report on Monday, April 20th. Finally, Mizuho set a $124.00 price objective on WEC Energy Group in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $124.07.
Check Out Our Latest Stock Analysis on WEC Energy Group
WEC Energy Group Stock Performance Shares of WEC Energy Group stock opened at $111.68 on Wednesday. WEC Energy Group, Inc. has a 52 week low of $102.95 and a 52 week high of $119.91. The company has a market capitalization of $36.38 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 1.95 and a beta of 0.47. The stock’s fifty day moving average is $113.61 and its two-hundred day moving average is $113.36. The company has a quick ratio of 0.54, a current ratio of 0.68 and a debt-to-equity ratio of 1.36.
WEC Energy Group (NYSE:WEC – Get Free Report) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.30 by $0.15. WEC Energy Group had a net margin of 16.25% and a return on equity of 12.72%. The firm had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the firm earned $2.27 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. As a group, analysts expect that WEC Energy Group, Inc. will post 5.59 earnings per share for the current year.
WEC Energy Group Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.9525 per share. This represents a $3.81 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, August 14th. WEC Energy Group’s dividend payout ratio (DPR) is presently 76.05%.
Insiders Place Their Bets In other WEC Energy Group news, EVP Daniel Krueger sold 4,665 shares of the company’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $110.96, for a total value of $517,628.40. Following the completion of the sale, the executive vice president directly owned 7,346 shares in the company, valued at approximately $815,112.16. This represents a 38.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.46% of the stock is currently owned by company insiders.
About WEC Energy Group (Free Report)
WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.
Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.
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Fifth Third Bancorp grew its stake in shares of Brink’s Company (The) (NYSE:BCO – Free Report) by 5,583.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,098 shares of the business services provider’s stock after acquiring an additional 23,674 shares during the period. Fifth Third Bancorp owned about 0.06% of Brink’s worth $2,497,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Smartleaf Asset Management LLC increased its stake in Brink’s by 150.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 243 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 146 shares in the last quarter. Advisory Services Network LLC purchased a new stake in Brink’s during the third quarter worth $33,000. Global Retirement Partners LLC purchased a new stake in Brink’s during the fourth quarter worth $39,000. Wexford Capital LP acquired a new stake in Brink’s in the third quarter valued at $42,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Brink’s by 161.5% in the second quarter. EverSource Wealth Advisors LLC now owns 523 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 323 shares during the last quarter. Hedge funds and other institutional investors own 94.96% of the company’s stock.
Brink’s Stock Performance NYSE BCO opened at $123.03 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 9.75. Brink’s Company has a fifty-two week low of $84.99 and a fifty-two week high of $136.37. The business has a fifty day moving average of $103.56 and a 200-day moving average of $111.79. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 28.74 and a beta of 1.06.
Brink’s (NYSE:BCO – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.80 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.21. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. Brink’s had a return on equity of 87.38% and a net margin of 3.35%.The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.62 earnings per share. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. As a group, analysts predict that Brink’s Company will post 9.14 earnings per share for the current fiscal year.
Brink’s Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, July 27th will be given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, July 27th. Brink’s’s payout ratio is currently 23.83%.
Analyst Ratings Changes Separately, Weiss Ratings cut Brink’s from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $154.00.
Check Out Our Latest Stock Report on BCO
Brink’s Company Profile (Free Report)
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
Featured Articles Five stocks we like better than Brink’s 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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President Donald Trump has announced that all generic drugs imported into the United States would continue to enjoy a zero-percent tariff for another two years, sending major drug stocks up.
According to the announcement posted on Truth Social on July 21, the policy will be effective from August 1, after which the tariff rate will again be raised to 100% for one year and to 200% for another.
“Effective August 1st, 2026, all Generic Drugs being brought into the United States will continue to have a TARIFF of ZERO PERCENT for a two year period of time, after which the TARIFF will be raised to 100% for a one year period of time, and 200% thereafter,” Trump wrote.
In the wake of Trump’s announcement, a number of drug stock prices shot up. The biggest gainers were Summit Therapeutics (NASDAQ: SMMT), which skyrocketed 8.37%, followed by Axsome Therapeutics (NASDAQ: AXSM), which saw a 6.91% uptick.
Similarly, Jazz Pharmaceuticals (NASDAQ: JAZZ) rose 4.42%, accompanied by Arrowhead Pharmaceuticals (NASDAQ: ARWR), up 4.01%. Corcept Therapeutics (NASDAQ: CORT) gained 4.06%, while AstraZeneca (NYSE: AZN) and Eli Lilly (NYSE: LLY) rose 2.93% and 2.99%, respectively.
CORT and LLY stock price July. Source: Finbold
Pharma stocks rise as Trump seeks to lower drug costs In his post, Trump said the measure is intended to “RESHORE Generic Pharmaceutical Production into America.” Moreover, he added that companies that fail to build manufacturing plants and equipment in the U.S. within a specified timeframe would face penalties.
“This is done in order to RESHORE Generic Pharmaceutical Production into America, with a penalty to those Companies that decide not to build Plant and Equipment within the stated period of time given to them. The objective of this Policy is to protect the people of the United States,” he added.
The move follows Trump’s continued push to lower prescription drug costs through his “most-favored-nation” pricing policy, which seeks to align U.S. drug prices with those paid in other high-income countries.
According to the U.S. Food and Drug Administration, generic medicines account for more than 90% of all prescriptions filled in the United States, so a reaction in pharma stock prices was to be expected.
For context, major global drugmakers reached agreements with the U.S. government last year that exempted billions of dollars’ worth of pharmaceutical products from tariffs. In April, Trump also signed an executive order imposing 100% tariffs on imported branded pharmaceuticals unless manufacturers agreed to government drug pricing arrangements.
Featured image via Shutterstock
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Fifth Third Bancorp boosted its holdings in Bruker Corporation (NASDAQ:BRKR – Free Report) by 4,058.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 57,135 shares of the medical research company’s stock after purchasing an additional 55,761 shares during the quarter. Fifth Third Bancorp’s holdings in Bruker were worth $2,064,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Orbis Allan Gray Ltd acquired a new position in Bruker in the second quarter valued at $192,735,000. Price T Rowe Associates Inc. MD increased its position in Bruker by 2,963.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,366,520 shares of the medical research company’s stock valued at $111,488,000 after acquiring an additional 2,289,269 shares during the period. AQR Capital Management LLC raised its stake in Bruker by 125.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,326,820 shares of the medical research company’s stock valued at $137,065,000 after acquiring an additional 1,850,215 shares during the last quarter. Franklin Resources Inc. lifted its position in Bruker by 317.7% during the 4th quarter. Franklin Resources Inc. now owns 2,309,404 shares of the medical research company’s stock worth $108,796,000 after acquiring an additional 1,756,460 shares during the period. Finally, Millennium Management LLC grew its stake in shares of Bruker by 222.6% in the 4th quarter. Millennium Management LLC now owns 1,839,587 shares of the medical research company’s stock valued at $86,663,000 after purchasing an additional 1,269,316 shares during the last quarter. Institutional investors and hedge funds own 79.52% of the company’s stock.
Bruker Price Performance Shares of NASDAQ BRKR opened at $60.43 on Wednesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.72 and a current ratio of 1.55. Bruker Corporation has a one year low of $28.53 and a one year high of $64.54. The firm has a market capitalization of $9.20 billion, a P/E ratio of -251.79, a PEG ratio of 1.80 and a beta of 1.29. The company’s fifty day moving average is $55.29 and its two-hundred day moving average is $46.03.
Bruker (NASDAQ:BRKR – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The medical research company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.23 by $0.08. Bruker had a negative net margin of 0.65% and a positive return on equity of 11.60%. The firm had revenue of $823.40 million during the quarter, compared to analysts’ expectations of $795.62 million. During the same quarter last year, the business earned $0.47 earnings per share. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. Bruker has set its FY 2026 guidance at 2.100-2.150 EPS. Analysts forecast that Bruker Corporation will post 2.12 EPS for the current fiscal year.
Bruker Announces Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 22nd were issued a $0.05 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.3%. Bruker’s dividend payout ratio is currently -83.33%.
Analyst Upgrades and Downgrades A number of equities analysts recently weighed in on BRKR shares. JPMorgan Chase & Co. lifted their price objective on shares of Bruker from $55.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, June 8th. Barclays lifted their target price on shares of Bruker from $53.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, June 24th. Wall Street Zen upgraded shares of Bruker from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Leerink Partners increased their price target on shares of Bruker from $60.00 to $70.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. Finally, TD Cowen restated a “hold” rating on shares of Bruker in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $56.79.
View Our Latest Stock Report on BRKR
Bruker Profile (Free Report)
Bruker Corporation, founded in 1960 by physicist Günther Laukien and headquartered in Billerica, Massachusetts, is a leading developer and manufacturer of high-performance scientific instruments and analytical solutions. The company designs systems that enable molecular and materials research across academic, governmental, and industrial laboratories.
Bruker’s product portfolio encompasses nuclear magnetic resonance (NMR) spectrometers for molecular structure and dynamics studies, mass spectrometry platforms for proteomics and metabolomics, X-ray diffraction and scattering instruments for crystallography and materials characterization, atomic force and scanning probe microscopes for nanoscale surface analysis, as well as preclinical imaging systems such as micro-CT and MRI scanners.
In addition to hardware, Bruker provides software suites, applications support, training services, and long-term maintenance agreements to ensure optimal instrument performance.
See Also Five stocks we like better than Bruker Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Baader Bank Aktiengesellschaft acquired a new stake in shares of onsemi (NASDAQ:ON – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,140 shares of the semiconductor company’s stock, valued at approximately $436,000.
A number of other hedge funds have also recently bought and sold shares of ON. CVA Family Office LLC boosted its position in shares of onsemi by 83.7% in the fourth quarter. CVA Family Office LLC now owns 472 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 215 shares during the last quarter. Root Financial Partners LLC increased its position in onsemi by 42.1% during the fourth quarter. Root Financial Partners LLC now owns 503 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 149 shares during the last quarter. DV Equities LLC acquired a new position in onsemi during the fourth quarter worth approximately $30,000. SHP Wealth Management purchased a new position in onsemi during the fourth quarter worth approximately $32,000. Finally, Summit Securities Group LLC boosted its holdings in shares of onsemi by 346.3% in the 4th quarter. Summit Securities Group LLC now owns 598 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 464 shares during the last quarter. Institutional investors and hedge funds own 97.70% of the company’s stock.
onsemi Stock Up 5.0% NASDAQ:ON opened at $91.06 on Wednesday. The company has a current ratio of 4.87, a quick ratio of 3.14 and a debt-to-equity ratio of 0.41. The stock has a 50 day moving average of $109.23 and a 200-day moving average of $83.43. The firm has a market capitalization of $35.69 billion, a PE ratio of 64.58, a price-to-earnings-growth ratio of 0.77 and a beta of 2.01. onsemi has a 52 week low of $44.56 and a 52 week high of $134.92.
onsemi (NASDAQ:ON – Get Free Report) last posted its earnings results on Monday, May 4th. The semiconductor company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.49 billion. onsemi had a net margin of 9.46% and a return on equity of 12.79%. onsemi’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 EPS. onsemi has set its Q2 2026 guidance at 0.650-0.770 EPS. Analysts predict that onsemi will post 3.09 EPS for the current year.
Analyst Ratings Changes Several equities research analysts have commented on the company. Susquehanna upped their price target on onsemi from $140.00 to $150.00 and gave the stock a “positive” rating in a research note on Thursday, July 9th. Roth Capital reaffirmed a “buy” rating on shares of onsemi in a research note on Tuesday, May 5th. Zacks Research cut onsemi from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Stifel Nicolaus increased their target price on shares of onsemi from $90.00 to $107.00 and gave the stock a “hold” rating in a research report on Wednesday, June 24th. Finally, Wells Fargo & Company cut their price target on shares of onsemi from $140.00 to $130.00 and set an “overweight” rating on the stock in a report on Monday. Fourteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, onsemi presently has a consensus rating of “Hold” and an average target price of $102.24.
Check Out Our Latest Stock Report on ON
Insider Activity In related news, CFO Trent Thad sold 30,000 shares of onsemi stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $93.00, for a total value of $2,790,000.00. Following the transaction, the chief financial officer owned 301,194 shares of the company’s stock, valued at approximately $28,011,042. This trade represents a 9.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.35% of the company’s stock.
Key onsemi News Here are the key news stories impacting onsemi this week:
Positive Sentiment: onsemi disclosed $110,000 of Q2 lobbying tied to AI data center power use, CHIPS Act issues, tax policy, and national-security-related technologies, underscoring its exposure to long-term semiconductor demand themes. Positive Sentiment: Analysts remain constructive overall, with recent price targets ranging from $107 to $150 and a median near $115, suggesting Wall Street still sees meaningful upside from current levels. Neutral Sentiment: Pomerantz LLP opened an investigation into claims on behalf of ON investors. This may create some headline risk, but it is an early-stage legal development rather than a formal enforcement action. Neutral Sentiment: Recent insider sales and mixed hedge fund positioning may temper enthusiasm, but these signals are not new and appear to be outweighed today by broader interest in the stock. About onsemi (Free Report)
onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage reference functions.
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If you're keeping an eye on gene-editing specialist CRISPR Therapeutics (CRSP +2.47%), you probably already know the up-and-coming biopharmaceutical outfit is a favorite of Ark Investment Management's CEO and chief stock picker, Cathie Wood. As of the latest look, the company's holding nearly $270 million worth of this name in its flagship Ark Innovation ETF (ARKK +3.66%) and another $92 million worth in the smaller Ark Genomic Revolution ETF (ARKG +3.34%).
What is surprising is why Wood is holding it. Although patient-specific genomic repair remains a key part of this stock's bullish thesis, CRISPR Therapeutics' developmental work on another front has gone largely unnoticed and may not be reflected in the stock's price.
CRISPR Therapeutics' other R&D work CRISPR Therapeutics' founders essentially found a way of repairing damaged DNA with a corrected genetic sequence. It was the first company to ever win the FDA's approval for a gene-editing drug, in fact. That's Casgevy -- for the treatment of sickle cell disease -- which was approved in late 2023. Now the same patient-specific approach is being tested as a therapy for handful of other genetic diseases.
The underlying science, however, isn't limited to a customized therapy for each patient. Gene editing can be used to create off-the-shelf treatments for all patients with a particular disease.
Image source: Getty Images.
That's something CRISPR Therapeutics has been quietly working on for a while now, developing a pair of noteworthy chimeric antigen receptor (CAR) T-cell therapies. Its CTX110 is currently in preclinical testing stages, although its zugocabtagene geleucel -- formerly CTX112 -- is now in phase 1 clinical trials, where it's showing strong promise as a lymphoma treatment as well as a therapy for autoimmune diseases like lupus, systemic sclerosis, and inflammatory myositis.
And again, unlike Casgevy and some of the other drugs in its pipeline, CRISPR's CAR T-cell therapy program doesn't take months and requires a sample of the patient's own cells. Any healthy donor can provide the T-cells needed to target the CD19 protein, often found on cancerous cells and cells associated with autoimmune conditions. This cuts down on its costs, not just for CRISPR, but also for the patient and/or the patient's insurer.
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CAR-T therapies are one of the pharmaceutical industry's next big frontiers. Global Market Insights suggests the CAR T-cell therapy market is poised to grow at an average annual pace of more than 30% through 2034, when it could be worth more than $60 billion per year.
Risk worth managing CRISPR Therapeutics isn't the only biopharma name aiming at this future business. Major players like Novartis, Bristol Myers Squibb, and Gilead Sciences already have CAR T-cell therapy drugs on the market and are developing more. CRISPR's CAR T-cell therapy trials are also in their earliest stages. They won't be ready for an approval request until the latter portion of Global Market Insights' projection period.
Still, Cathie Wood seems to understand that the market can and will reward progress along the way. If you're interested, just do what she does and make your stake part of a well-diversified portfolio.
James Brumley has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bristol Myers Squibb and Gilead Sciences. The Motley Fool recommends CRISPR Therapeutics. The Motley Fool has a disclosure policy.
California Public Employees Retirement System lifted its stake in ITT Inc. (NYSE:ITT – Free Report) by 7.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 165,478 shares of the conglomerate’s stock after purchasing an additional 11,078 shares during the period. California Public Employees Retirement System owned 0.19% of ITT worth $31,529,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Andina Capital Management LLC boosted its position in ITT by 1.6% during the 4th quarter. Andina Capital Management LLC now owns 3,166 shares of the conglomerate’s stock valued at $549,000 after acquiring an additional 49 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in shares of ITT by 2.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 1,942 shares of the conglomerate’s stock worth $370,000 after acquiring an additional 52 shares in the last quarter. Whittier Trust Co. raised its position in shares of ITT by 5.1% in the 1st quarter. Whittier Trust Co. now owns 1,064 shares of the conglomerate’s stock worth $207,000 after acquiring an additional 52 shares in the last quarter. Toronto Dominion Bank lifted its stake in shares of ITT by 2.2% in the 4th quarter. Toronto Dominion Bank now owns 2,481 shares of the conglomerate’s stock valued at $430,000 after purchasing an additional 53 shares during the period. Finally, Stephens Inc. AR lifted its stake in shares of ITT by 3.8% in the 4th quarter. Stephens Inc. AR now owns 1,654 shares of the conglomerate’s stock valued at $287,000 after purchasing an additional 60 shares during the period. Hedge funds and other institutional investors own 91.59% of the company’s stock.
Wall Street Analyst Weigh In Several equities research analysts recently weighed in on ITT shares. BMO Capital Markets began coverage on ITT in a research note on Friday, March 27th. They issued an “outperform” rating and a $233.00 price target on the stock. Citigroup raised their price objective on ITT from $252.00 to $254.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings cut shares of ITT from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Barclays upped their target price on shares of ITT from $210.00 to $230.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Finally, KeyCorp increased their price target on shares of ITT from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. Eleven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, ITT has an average rating of “Moderate Buy” and an average price target of $234.75.
Read Our Latest Research Report on ITT
ITT Stock Performance ITT stock opened at $191.96 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.53 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $17.16 billion, a P/E ratio of 33.85, a PEG ratio of 1.80 and a beta of 1.27. The stock’s 50 day moving average is $193.21 and its 200 day moving average is $195.34. ITT Inc. has a twelve month low of $155.58 and a twelve month high of $225.26.
ITT (NYSE:ITT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The conglomerate reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.21. ITT had a return on equity of 16.83% and a net margin of 10.80%.The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business earned $1.45 earnings per share. The firm’s quarterly revenue was up 32.7% compared to the same quarter last year. ITT has set its FY 2026 guidance at 7.700-8.000 EPS. On average, equities research analysts predict that ITT Inc. will post 7.91 earnings per share for the current fiscal year.
ITT Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 8th were given a $0.386 dividend. This represents a $1.54 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, June 8th. ITT’s payout ratio is currently 27.16%.
Insider Activity In related news, CAO Mesa Graziano Cheryl De sold 200 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $208.41, for a total value of $41,682.00. Following the transaction, the chief accounting officer owned 7,859 shares in the company, valued at $1,637,894.19. The trade was a 2.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Lori B. Marino sold 7,123 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $208.27, for a total transaction of $1,483,507.21. Following the sale, the insider directly owned 8,729 shares in the company, valued at $1,817,988.83. This trade represents a 44.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.88% of the stock is owned by insiders.
About ITT (Free Report)
ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments.
The company’s operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation.
Featured Articles Five stocks we like better than ITT 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 ITT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ITT Inc. (NYSE:ITT – Free Report).
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Let me be clear up front: GE Vernova (GEV 0.03%) is a terrific business. Its power-generation and grid equipment sit at the heart of the electrification boom, and its record backlog is real. But the stock has become overvalued, and I am officially sounding the alarm. If you want exposure to the same powerful trend without the sky-high risk, I would buy Quanta Services (PWR +1.05%) instead.
Why I'm alarmed on GE Vernova Here's the specific problem: the price. GE Vernova trades near $1,071 a share (as of July 20), and against the average analyst forecast for 2027 earnings of about $24.40 per share, that works out to roughly 44 times forward earnings. The stock has soared more than 60% this year alone, and that kind of run leaves a valuation priced for perfection. When expectations get that stretched, even good news can fail to move the stock, while any disappointment tends to hit hard.
Image source: Getty Images.
And there's a concrete reason disappointment is a real risk. GE Vernova's headline number is its enormous order backlog, but a backlog is only a promise until it converts into actual revenue. That conversion is running into genuine obstacles: The U.S. electric grid is congested and slow to upgrade, supply chains for heavy power equipment are bottlenecked, and building and connecting new capacity takes years. If those data center and grid projects slip, or if artificial intelligence (AI)-driven power demand cools even slightly, the revenue the market is counting on could arrive later and messier than expected. At 44 times earnings, the market is already assuming years of flawless execution, which leaves very little cushion. There is simply very little buffer if anything goes wrong.
To be fair, GE Vernova could keep climbing if the build-out stays red-hot. I'm not saying the business is broken. I am saying the risk-reward at this price is badly skewed against new buyers.
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What to buy instead: Quanta Services Quanta Services offers a smarter way to play the identical trend. It's the picks-and-shovels company of electrification, providing the crews, transmission lines, substations, and interconnections that physically link power plants and data centers to the grid. Put simply, you can't deploy all of GE Vernova's turbines without a company like Quanta to wire everything together.
The setup is compelling. Quanta carries a record backlog of its own, near $48.5 billion, and management frames its opportunity as a $2.4 trillion addressable market through the end of the decade. It also owns a rare competitive edge: It trains its own skilled workers through its line worker schools, which matters enormously when labor is the true bottleneck in the entire build-out. At about $630 a share and a 2027 earnings forecast near $16.50, Quanta trades at roughly 38 times forward earnings. That is cheaper than GE Vernova, which means you're paying a more reasonable price for a business that's just as essential to the electrification story.
Quanta isn't risk-free either. Labor shortages could cap its growth, big projects can be delayed, and its stock isn't exactly cheap after its own strong run.
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The takeaway for investors Both companies win if electricity demand keeps surging, so this is not a bet against the theme. It is a bet on risk and reward at today's prices. GE Vernova is a great business whose stock has gotten ahead of itself, while Quanta Services offers the same tailwind at a somewhat lower multiple, with recurring revenue and a genuine labor moat. My honest advice is to resist chasing GE Vernova here and favor the grid builder that makes the whole boom possible.
Another underappreciated detail: A large share of Quanta's work comes through recurring master service agreements rather than one-off projects, giving it steadier, more predictable revenue than a typical contractor. It's also become one of the largest builders of renewable-energy infrastructure, from solar farms to battery storage, so it profits no matter which type of power generation wins.
Bank of New York Mellon Corp cut its holdings in shares of Old National Bancorp (NASDAQ:ONB – Free Report) by 1.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,512,346 shares of the bank’s stock after selling 40,961 shares during the quarter. Bank of New York Mellon Corp owned about 0.91% of Old National Bancorp worth $77,623,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kemnay Advisory Services Inc. purchased a new position in Old National Bancorp during the 4th quarter valued at about $27,000. Flagship Harbor Advisors LLC acquired a new position in shares of Old National Bancorp in the fourth quarter valued at approximately $28,000. Los Angeles Capital Management LLC acquired a new position in shares of Old National Bancorp in the fourth quarter valued at approximately $36,000. JFS Wealth Advisors LLC increased its stake in Old National Bancorp by 811.4% during the 4th quarter. JFS Wealth Advisors LLC now owns 1,604 shares of the bank’s stock worth $36,000 after buying an additional 1,428 shares during the period. Finally, Peterson Wealth Services increased its stake in Old National Bancorp by 9,711.8% during the 4th quarter. Peterson Wealth Services now owns 1,668 shares of the bank’s stock worth $37,000 after buying an additional 1,651 shares during the period. 83.66% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several equities analysts have commented on the stock. Stephens boosted their price target on shares of Old National Bancorp from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Keefe, Bruyette & Woods lifted their target price on Old National Bancorp from $27.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Truist Financial boosted their target price on Old National Bancorp from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. UBS Group started coverage on Old National Bancorp in a research report on Tuesday, July 7th. They issued a “buy” rating and a $32.00 price target on the stock. Finally, Barclays lifted their price objective on Old National Bancorp from $30.00 to $31.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $28.55.
Check Out Our Latest Analysis on Old National Bancorp
Old National Bancorp Stock Performance NASDAQ:ONB opened at $26.17 on Wednesday. Old National Bancorp has a 12 month low of $19.39 and a 12 month high of $27.32. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.94 and a quick ratio of 0.93. The firm has a market capitalization of $10.11 billion, a PE ratio of 13.49 and a beta of 0.83. The business’s fifty day moving average price is $24.96 and its 200 day moving average price is $23.96.
Old National Bancorp (NASDAQ:ONB – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The bank reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. Old National Bancorp had a return on equity of 11.23% and a net margin of 18.90%.The firm had revenue of $702.70 million during the quarter, compared to the consensus estimate of $706.62 million. During the same period in the prior year, the company posted $0.45 earnings per share. The firm’s quarterly revenue was up 44.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Old National Bancorp will post 2.57 earnings per share for the current fiscal year.
Old National Bancorp Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.145 per share. The ex-dividend date was Friday, June 5th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.2%. Old National Bancorp’s dividend payout ratio (DPR) is 29.90%.
About Old National Bancorp (Free Report)
Old National Bancorp (NASDAQ: ONB) is the bank holding company for Old National Bank, a regional financial services firm headquartered in Evansville, Indiana. Through its network of community banking offices, the company provides a full range of commercial and consumer banking services. Its offerings include checking and savings accounts, personal and business loans, and deposit products designed to meet the needs of individuals, small businesses, and larger corporate customers.
In addition to traditional banking, Old National Bancorp delivers specialty financial services such as treasury management, wealth management, mortgage loan production, and insurance solutions.
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California Public Employees Retirement System reduced its holdings in shares of Humana Inc. (NYSE:HUM – Free Report) by 24.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 171,183 shares of the insurance provider’s stock after selling 55,174 shares during the period. California Public Employees Retirement System owned approximately 0.14% of Humana worth $29,681,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the business. Montag A & Associates Inc. raised its stake in Humana by 1,880.0% during the 4th quarter. Montag A & Associates Inc. now owns 99 shares of the insurance provider’s stock valued at $25,000 after acquiring an additional 94 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of Humana by 54.4% in the 4th quarter. CoreCap Advisors LLC now owns 105 shares of the insurance provider’s stock valued at $27,000 after purchasing an additional 37 shares during the last quarter. Fideuram Asset Management Ireland dac purchased a new position in shares of Humana in the 4th quarter valued at approximately $27,000. Reflection Asset Management acquired a new position in shares of Humana in the fourth quarter valued at approximately $29,000. Finally, Larson Financial Group LLC increased its holdings in shares of Humana by 114.1% in the third quarter. Larson Financial Group LLC now owns 152 shares of the insurance provider’s stock valued at $40,000 after purchasing an additional 81 shares during the period. 92.38% of the stock is currently owned by institutional investors and hedge funds.
Humana Stock Performance HUM opened at $404.80 on Wednesday. Humana Inc. has a 1-year low of $163.11 and a 1-year high of $428.88. The stock has a market cap of $48.60 billion, a P/E ratio of 43.29, a P/E/G ratio of 2.17 and a beta of 0.71. The stock’s 50 day simple moving average is $358.69 and its 200 day simple moving average is $262.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.77 and a quick ratio of 1.77.
Humana (NYSE:HUM – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The insurance provider reported $10.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.97 by $0.34. The firm had revenue of $39.65 billion during the quarter, compared to analysts’ expectations of $39.37 billion. Humana had a return on equity of 10.45% and a net margin of 0.82%.Humana’s revenue was up 23.5% on a year-over-year basis. During the same period in the previous year, the firm posted $11.58 earnings per share. Humana has set its FY 2026 guidance at 9.000- EPS. As a group, equities analysts anticipate that Humana Inc. will post 9.46 EPS for the current fiscal year.
Analyst Ratings Changes A number of equities analysts have commented on the stock. Leerink Partners upped their price objective on shares of Humana from $185.00 to $255.00 and gave the stock a “market perform” rating in a research report on Thursday, April 30th. Sanford C. Bernstein reiterated an “outperform” rating and set a $425.00 target price on shares of Humana in a research report on Wednesday, June 3rd. Needham & Company LLC started coverage on Humana in a research note on Wednesday, May 20th. They issued a “buy” rating on the stock. William Blair began coverage on Humana in a report on Wednesday, May 20th. They issued an “outperform” rating for the company. Finally, TD Cowen boosted their target price on shares of Humana from $211.00 to $350.00 and gave the stock a “hold” rating in a research report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $327.17.
View Our Latest Report on HUM
Humana Company Profile (Free Report)
Humana Inc (NYSE: HUM) is a health insurance company headquartered in Louisville, Kentucky, that primarily serves individuals and groups across the United States. The company is best known for its Medicare business, offering Medicare Advantage plans and prescription drug (Part D) coverage, alongside a range of commercial and employer-sponsored group health plans. Humana’s products are designed to cover medical, behavioral health and pharmacy needs for members, with particular emphasis on seniors and Medicare-eligible populations.
In addition to traditional insurance products, Humana provides care-management and wellness services intended to support chronic-condition management, preventive care and care coordination.
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Bessemer Group Inc. boosted its position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 16.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,276 shares of the technology company’s stock after buying an additional 4,031 shares during the period. Bessemer Group Inc.’s holdings in Arista Networks were worth $3,595,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Intrua Financial LLC raised its stake in Arista Networks by 2.7% in the 1st quarter. Intrua Financial LLC now owns 2,307 shares of the technology company’s stock valued at $283,000 after purchasing an additional 61 shares during the last quarter. NBT Bank N A NY boosted its stake in Arista Networks by 37.2% during the 1st quarter. NBT Bank N A NY now owns 247 shares of the technology company’s stock worth $30,000 after purchasing an additional 67 shares during the last quarter. Hoxton Planning & Management LLC boosted its stake in Arista Networks by 4.1% during the 1st quarter. Hoxton Planning & Management LLC now owns 1,744 shares of the technology company’s stock worth $214,000 after purchasing an additional 68 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Arista Networks by 0.4% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 16,085 shares of the technology company’s stock worth $2,133,000 after buying an additional 70 shares in the last quarter. Finally, Y.D. More Investments Ltd grew its holdings in shares of Arista Networks by 8.7% during the first quarter. Y.D. More Investments Ltd now owns 870 shares of the technology company’s stock worth $107,000 after buying an additional 70 shares in the last quarter. Institutional investors and hedge funds own 82.47% of the company’s stock.
Insider Activity at Arista Networks In other news, CEO Jayshree Ullal sold 234,578 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $187.18, for a total value of $43,908,310.04. Following the sale, the chief executive officer directly owned 5,134,207 shares of the company’s stock, valued at approximately $961,020,866.26. The trade was a 4.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Charles H. Giancarlo sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $167.06, for a total transaction of $1,336,480.00. Following the completion of the transaction, the director owned 192,333 shares in the company, valued at approximately $32,131,150.98. This represents a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,264,983 shares of company stock valued at $376,175,065 in the last ninety days. Insiders own 2.70% of the company’s stock.
Arista Networks Price Performance Arista Networks stock opened at $174.37 on Wednesday. The firm has a 50 day simple moving average of $163.04 and a 200-day simple moving average of $147.91. The stock has a market cap of $219.57 billion, a price-to-earnings ratio of 59.72, a price-to-earnings-growth ratio of 2.60 and a beta of 1.60. Arista Networks, Inc. has a 1-year low of $106.99 and a 1-year high of $189.82.
Arista Networks (NYSE:ANET – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.81 by $0.06. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities analysts expect that Arista Networks, Inc. will post 3.28 earnings per share for the current fiscal year.
Trending Headlines about Arista Networks Here are the key news stories impacting Arista Networks this week:
Positive Sentiment: Arista launched AI-driven Edge Threat Management for VeloCloud SD-WAN, expanding beyond data center networking into branch-office security and potentially opening a new growth avenue. Arista Networks (ANET) Launches AI Driven Zero Trust Security For Branch Offices Positive Sentiment: Arista is being highlighted as a stock that could beat Q2 earnings estimates again, supported by strong AI and cloud demand trends. Will Arista Networks (ANET) Beat Estimates Again in Its Next Earnings Report? Positive Sentiment: Another earnings-preview piece also names Arista among software and tech names that may beat estimates this season, reinforcing upbeat sentiment ahead of results. 4 Software Stocks Likely to Beat Estimates This Earnings Season Neutral Sentiment: Recent articles noting Arista as a trending stock and comparing its performance to peers suggest heightened investor interest, but do not add a new fundamental catalyst. Here is What to Know Beyond Why Arista Networks, Inc. (ANET) is a Trending Stock Neutral Sentiment: A Trefis article argues Arista is making a big growth bet by building inventory and cutting buybacks, which could support future demand but also raises execution risk. How Much Upside Can ANET Stock’s Growth Deliver? Analysts Set New Price Targets Several research firms have recently weighed in on ANET. Erste Group Bank raised shares of Arista Networks from a “hold” rating to a “buy” rating in a research note on Wednesday, July 15th. Bank of America increased their price objective on shares of Arista Networks from $185.00 to $200.00 and gave the company a “buy” rating in a report on Monday, June 8th. KeyCorp reissued an “overweight” rating and issued a $200.00 target price (up from $178.00) on shares of Arista Networks in a research note on Thursday, June 18th. Piper Sandler restated an “overweight” rating and set a $181.00 target price (up from $175.00) on shares of Arista Networks in a report on Wednesday, May 6th. Finally, TD Cowen restated a “buy” rating and set a $210.00 target price (up from $200.00) on shares of Arista Networks in a report on Monday, July 13th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Arista Networks presently has an average rating of “Buy” and a consensus target price of $188.95.
Read Our Latest Stock Analysis on ANET
Arista Networks Profile (Free Report)
Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.
Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.
Featured Stories Five stocks we like better than Arista Networks 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 ANET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arista Networks, Inc. (NYSE:ANET – Free Report).
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Signatera outperformed AMERK, the current standard of care for prognosis and recurrence monitoring, across sensitivity, positive and negative predictive value, and lead time to recurrence
AUSTIN, Texas--(BUSINESS WIRE)--Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and precision medicine, today announced the publication of results from a prospective, multicenter study in Merkel cell carcinoma (MCC) published in JAMA Dermatology. The study evaluated the Signatera test against the Merkel cell polyomavirus antibody test (AMERK), finding Signatera to be a significantly stronger predictor of recurrence that also detected relapse earlier.
MCC is a rare but aggressive skin cancer that recurs in approximately 40% of patients.1 Despite its severity, clinicians have lacked a reliable, universal biomarker to guide surveillance. The AMERK test has been a widely used monitoring tool, but its utility is limited: it can only be used in the roughly 50% of MCC patients whose tumors are virus-positive, and its accuracy diminishes after immunotherapy exposure or multiple recurrences.2-3 Signatera’s clinical validation has been published across all MCC patients, irrespective of viral status, leading to inclusion in NCCN Guidelines as a recommendation for surveillance monitoring.
This published study is a retrospective analysis of a prospective, multicenter, head-to-head comparison of Signatera and AMERK testing in 169 patients with MCC. Key findings include:
Superior predictive power: The Signatera test was a significantly stronger predictor of recurrence than AMERK (HR difference = 6.6; p < 0.001), with higher hazard ratios, higher positive predictive value (PPV), and higher negative predictive value (NPV).Higher Sensitivity: Signatera detected recurrence more frequently than AMERK with a sensitivity of 90% vs 55%, respectively.Longer Lead Time: In patients where recurrence was detected by both tests, Signatera detected recurrence earlier than AMERK with a median lead time of 5.1 months vs. 2.1 months, respectively.“For years, AMERK had been our best available tool, but its inability to function in virus-negative patients and after immunotherapy has been a recognized limitation,” said Lisa Zaba, M.D., Ph.D., associate professor of dermatology and director of the Merkel cell carcinoma multidisciplinary clinic at the Stanford University School of Medicine, and corresponding author of the study. “These data demonstrate that Signatera can give clinicians a more precise and earlier signal across all patients, enabling more proactive management of this challenging disease.”
“Signatera MRD testing outperformed AMERK across every key measure in this study — sensitivity, hazard ratios, predictive values, and lead time to detection,” said Alexey Aleshin, M.D., MBA, corporate chief medical officer and general manager, oncology, at Natera. “Signatera was shown to be a more universally reliable biomarker for MCC surveillance, particularly because it retains its accuracy in both virus-positive and virus-negative disease and after exposure to immunotherapy.”
References
McEvoy AM, Lachance K, Hippe DS, et al. Recurrence and mortality risk of Merkel cell carcinoma by cancer stage and time from diagnosis. JAMA Dermatol. 2022;158(4):382-389. doi:10.1001/jamadermatol.2021.6096Paulson KG, Lewis CW, Redman MW, et al. Viral oncoprotein antibodies as a marker for recurrence of Merkel cell carcinoma: a prospective validation study. Cancer. 2017;123(8):1464-1474. doi:10.1002/cncr.30475Miller DM, Shalhout SZ, Wright KM, et al. The prognostic value of the Merkel cell polyomavirus serum antibody test: a dual institutional observational study. Cancer. 2024;130(15):2670-2682. doi:10.1002/cncr.35314About Natera
Natera is a global leader in cell-free DNA and precision medicine, dedicated to oncology, women’s health, and organ health. We aim to make personalized genetic testing and diagnostics part of the standard-of-care to protect health and inform earlier, more targeted interventions that help lead to longer, healthier lives. Natera’s tests are supported by more than 400 peer-reviewed publications that demonstrate excellent performance. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas, and San Carlos, California, and through Foresight Diagnostics, its subsidiary, operates an ISO 27001-certified and CAP-accredited laboratory certified under CLIA in Boulder, Colorado. For more information, visit www.natera.com.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera’s plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera’s expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to our whether the results of clinical or other studies will support the use of our product offerings, the impact of results of such studies, our expectations of the reliability, accuracy, and performance of our tests, or of the benefits of our tests and product offerings to patients, providers, and payers. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera’s recent filings on Forms 10-K and 10-Q, and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.
California Public Employees Retirement System lowered its stake in Regency Centers Corporation (NASDAQ:REG – Free Report) by 7.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 445,886 shares of the company’s stock after selling 35,852 shares during the quarter. California Public Employees Retirement System owned approximately 0.24% of Regency Centers worth $33,736,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of REG. Kera Capital Partners Inc. grew its stake in Regency Centers by 12.8% in the first quarter. Kera Capital Partners Inc. now owns 4,775 shares of the company’s stock valued at $361,000 after purchasing an additional 543 shares in the last quarter. Assetmark Inc. increased its position in shares of Regency Centers by 2.9% during the 1st quarter. Assetmark Inc. now owns 24,487 shares of the company’s stock worth $1,853,000 after purchasing an additional 695 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of Regency Centers by 2.2% during the 1st quarter. Wealthfront Advisers LLC now owns 25,877 shares of the company’s stock worth $1,958,000 after purchasing an additional 555 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Regency Centers during the 1st quarter worth approximately $205,000. Finally, Maryland State Retirement & Pension System boosted its holdings in shares of Regency Centers by 10.9% in the 1st quarter. Maryland State Retirement & Pension System now owns 9,358 shares of the company’s stock valued at $708,000 after buying an additional 919 shares during the last quarter. Institutional investors own 96.07% of the company’s stock.
Wall Street Analysts Forecast Growth Several equities analysts recently weighed in on the stock. BTIG Research reissued a “buy” rating and issued a $85.00 target price on shares of Regency Centers in a research note on Friday, June 12th. Evercore set a $81.00 price target on shares of Regency Centers in a research report on Tuesday, July 7th. Raymond James Financial reaffirmed an “outperform” rating and set a $88.00 price target on shares of Regency Centers in a research report on Monday, June 29th. Scotiabank increased their price target on shares of Regency Centers from $76.00 to $82.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 24th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Regency Centers in a research report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Regency Centers presently has an average rating of “Moderate Buy” and a consensus target price of $82.94.
Read Our Latest Report on Regency Centers
Regency Centers Price Performance NASDAQ:REG opened at $82.09 on Wednesday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.72. The stock’s 50 day moving average price is $79.03 and its two-hundred day moving average price is $76.89. The firm has a market capitalization of $15.03 billion, a price-to-earnings ratio of 28.31, a P/E/G ratio of 3.48 and a beta of 0.80. Regency Centers Corporation has a 12-month low of $66.86 and a 12-month high of $83.66.
Regency Centers Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 12th were issued a dividend of $0.755 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $3.02 dividend on an annualized basis and a dividend yield of 3.7%. Regency Centers’s payout ratio is presently 104.14%.
Insider Buying and Selling In related news, insider Nicholas Andrew Wibbenmeyer sold 7,927 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $79.06, for a total value of $626,708.62. Following the sale, the insider owned 33,069 shares in the company, valued at approximately $2,614,435.14. This represents a 19.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Martin E. Stein, Jr. sold 274,615 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $78.40, for a total value of $21,529,816.00. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 283,782 shares of company stock valued at $22,255,898. 1.00% of the stock is owned by insiders.
Regency Centers Company Profile (Free Report)
Regency Centers Corporation is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and development of grocery-anchored shopping centers. Focused on everyday needs retail, the company’s portfolio is strategically concentrated in high-growth, densely populated markets across the United States. By aligning its properties with essential retailers, Regency Centers delivers stable income streams and drives sustained value for shareholders.
Founded in 1963 and headquartered in Jacksonville, Florida, Regency Centers began as a single shopping center developer before evolving into one of the largest owners of grocery-center real estate.
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Fifth Third Bancorp bought a new stake in Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 110,272 shares of the biopharmaceutical company’s stock, valued at approximately $2,310,000. Fifth Third Bancorp owned about 0.11% of Ultragenyx Pharmaceutical at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of RARE. Leonteq Securities AG increased its position in shares of Ultragenyx Pharmaceutical by 288.5% during the first quarter. Leonteq Securities AG now owns 1,795 shares of the biopharmaceutical company’s stock valued at $38,000 after acquiring an additional 1,333 shares during the last quarter. Danske Bank A S acquired a new position in shares of Ultragenyx Pharmaceutical in the 3rd quarter worth approximately $39,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Ultragenyx Pharmaceutical in the 4th quarter worth approximately $56,000. Smartleaf Asset Management LLC boosted its position in shares of Ultragenyx Pharmaceutical by 43.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,489 shares of the biopharmaceutical company’s stock worth $57,000 after purchasing an additional 751 shares during the period. Finally, Empowered Funds LLC purchased a new position in shares of Ultragenyx Pharmaceutical during the 4th quarter worth approximately $66,000. Hedge funds and other institutional investors own 97.67% of the company’s stock.
Ultragenyx Pharmaceutical Stock Up 0.3% NASDAQ:RARE opened at $28.62 on Wednesday. The company has a fifty day simple moving average of $27.36 and a two-hundred day simple moving average of $24.57. The company has a market cap of $2.82 billion, a price-to-earnings ratio of -4.68 and a beta of 0.31. Ultragenyx Pharmaceutical Inc. has a 52 week low of $18.29 and a 52 week high of $39.89.
Ultragenyx Pharmaceutical (NASDAQ:RARE – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The biopharmaceutical company reported ($1.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.49) by ($0.35). Ultragenyx Pharmaceutical had a negative net margin of 91.03% and a negative return on equity of 1,024.42%. The company had revenue of $136.00 million during the quarter, compared to analyst estimates of $158.19 million. During the same quarter in the previous year, the business posted ($1.57) earnings per share. The firm’s revenue was down 2.2% on a year-over-year basis. On average, analysts expect that Ultragenyx Pharmaceutical Inc. will post -4.53 EPS for the current year.
Wall Street Analysts Forecast Growth RARE has been the topic of a number of research analyst reports. Cantor Fitzgerald boosted their target price on Ultragenyx Pharmaceutical from $84.00 to $96.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Morgan Stanley lifted their price objective on Ultragenyx Pharmaceutical from $50.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. The Goldman Sachs Group downgraded Ultragenyx Pharmaceutical from a “buy” rating to a “neutral” rating and cut their price objective for the company from $61.00 to $25.00 in a report on Tuesday, March 24th. Guggenheim cut their price objective on Ultragenyx Pharmaceutical from $52.00 to $43.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Finally, Royal Bank Of Canada increased their target price on Ultragenyx Pharmaceutical from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Ultragenyx Pharmaceutical currently has a consensus rating of “Moderate Buy” and a consensus target price of $58.41.
Check Out Our Latest Stock Report on RARE
Insider Buying and Selling In other news, EVP Karah Herdman Parschauer sold 1,899 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $24.62, for a total transaction of $46,753.38. Following the completion of the transaction, the executive vice president directly owned 94,462 shares of the company’s stock, valued at approximately $2,325,654.44. The trade was a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Corazon (Corsee) D. Sanders sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $25.05, for a total transaction of $50,100.00. Following the sale, the director owned 21,095 shares in the company, valued at $528,429.75. The trade was a 8.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 19,319 shares of company stock worth $476,837. 5.20% of the stock is owned by corporate insiders.
Ultragenyx Pharmaceutical Profile (Free Report)
Ultragenyx Pharmaceutical Inc is a biopharmaceutical company focused on developing and commercializing therapies for rare and ultra-rare genetic disorders. Since its founding in 2010 and headquarters in Novato, California, the company has built expertise in protein replacement therapies, small molecules and gene therapy approaches to address high-unmet medical needs. Ultragenyx applies a precision medicine model, leveraging both in-house research and strategic collaborations to advance its product pipeline from discovery through regulatory approval.
The company’s commercial portfolio includes Crysvita (burosumab-tmyl) for X-linked hypophosphatemia, Mepsevii (vestronidase alfa-vjbk) for mucopolysaccharidosis VII and Dojolvi (triheptanoin) for long-chain fatty acid oxidation disorders.
Read More Five stocks we like better than Ultragenyx Pharmaceutical 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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Bessemer Group Inc. boosted its position in shares of PTC Therapeutics, Inc. (NASDAQ:PTCT – Free Report) by 21,814.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,813 shares of the biopharmaceutical company’s stock after buying an additional 52,572 shares during the quarter. Bessemer Group Inc. owned 0.06% of PTC Therapeutics worth $3,598,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. UMB Bank n.a. acquired a new position in shares of PTC Therapeutics in the 4th quarter valued at $26,000. Comerica Bank grew its position in PTC Therapeutics by 868.5% during the third quarter. Comerica Bank now owns 523 shares of the biopharmaceutical company’s stock valued at $32,000 after purchasing an additional 469 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in shares of PTC Therapeutics in the fourth quarter worth $41,000. Allworth Financial LP increased its position in PTC Therapeutics by 63.8% in the 4th quarter. Allworth Financial LP now owns 634 shares of the biopharmaceutical company’s stock worth $48,000 after purchasing an additional 247 shares during the last quarter. Finally, First Horizon Corp bought a new position in PTC Therapeutics during the fourth quarter valued at approximately $53,000.
Analyst Upgrades and Downgrades Several equities analysts have weighed in on the company. Weiss Ratings lowered PTC Therapeutics from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, May 11th. Morgan Stanley reiterated an “overweight” rating and set a $94.00 target price on shares of PTC Therapeutics in a research note on Friday, May 8th. Truist Financial upgraded PTC Therapeutics to a “strong-buy” rating in a research report on Wednesday, March 25th. Royal Bank Of Canada raised their price objective on shares of PTC Therapeutics from $82.00 to $85.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 7th. Finally, Wells Fargo & Company decreased their price target on PTC Therapeutics from $95.00 to $93.00 and set an “overweight” rating on the stock in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $92.29.
Read Our Latest Stock Analysis on PTCT
Insider Buying and Selling at PTC Therapeutics In other news, VP Mark Elliott Boulding sold 5,079 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $85.08, for a total value of $432,121.32. Following the transaction, the vice president owned 105,272 shares of the company’s stock, valued at $8,956,541.76. This represents a 4.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mary L. Smith sold 15,834 shares of the company’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $90.00, for a total value of $1,425,060.00. Following the completion of the sale, the director owned 21,813 shares of the company’s stock, valued at $1,963,170. This represents a 42.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 198,662 shares of company stock worth $16,347,994. Insiders own 5.50% of the company’s stock.
PTC Therapeutics Price Performance PTCT opened at $78.50 on Wednesday. The company’s 50 day simple moving average is $76.87 and its 200-day simple moving average is $72.80. The stock has a market capitalization of $6.51 billion, a P/E ratio of -33.69, a price-to-earnings-growth ratio of 4.69 and a beta of 0.53. PTC Therapeutics, Inc. has a one year low of $43.17 and a one year high of $90.87.
PTC Therapeutics (NASDAQ:PTCT – Get Free Report) last released its earnings results on Thursday, May 7th. The biopharmaceutical company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.42. The company had revenue of $272.55 million during the quarter, compared to the consensus estimate of $217.42 million. PTC Therapeutics had a negative return on equity of 362.45% and a negative net margin of 22.58%.The firm’s quarterly revenue was up 43.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $10.04 earnings per share. As a group, analysts anticipate that PTC Therapeutics, Inc. will post 0.6 EPS for the current year.
PTC Therapeutics Profile (Free Report)
PTC Therapeutics, Inc is a biopharmaceutical company focused on the discovery, development and commercialization of small molecule and biologic therapies for the treatment of rare genetic disorders. Since its founding in 1998, PTC has dedicated its efforts to addressing high unmet medical needs by targeting underlying genetic causes of disease. The company’s research platform emphasizes mechanisms such as nonsense suppression and RNA modulation, enabling the development of novel treatments for conditions with limited therapeutic options.
Among PTC’s approved products is Translarna (ataluren), a first-in-class therapy designed to treat nonsense mutation Duchenne muscular dystrophy in select markets.
Featured Stories Five stocks we like better than PTC Therapeutics 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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Andra AP fonden lowered its stake in CBRE Group, Inc. (NYSE:CBRE – Free Report) by 19.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,572 shares of the financial services provider’s stock after selling 27,728 shares during the quarter. Andra AP fonden’s holdings in CBRE Group were worth $15,791,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in CBRE. Norges Bank purchased a new stake in CBRE Group in the 4th quarter worth approximately $643,405,000. Swedbank AB grew its position in shares of CBRE Group by 119.6% during the 1st quarter. Swedbank AB now owns 2,571,280 shares of the financial services provider’s stock valued at $348,306,000 after purchasing an additional 1,400,452 shares in the last quarter. Viking Global Investors LP bought a new position in shares of CBRE Group in the third quarter worth $190,648,000. Northwestern Mutual Wealth Management Co. raised its position in shares of CBRE Group by 5,115.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock worth $163,581,000 after buying an additional 997,848 shares in the last quarter. Finally, XN LP purchased a new stake in shares of CBRE Group in the fourth quarter worth $147,134,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.
Wall Street Analyst Weigh In CBRE has been the subject of several recent analyst reports. Jefferies Financial Group restated a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Weiss Ratings cut CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. UBS Group reiterated a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Evercore set a $169.00 price objective on shares of CBRE Group in a research report on Tuesday, June 30th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $178.86.
Get Our Latest Stock Report on CBRE Group
CBRE Group Stock Down 0.2% CBRE opened at $138.40 on Wednesday. The stock has a market cap of $40.53 billion, a PE ratio of 31.53 and a beta of 1.20. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. CBRE Group, Inc. has a 52 week low of $121.69 and a 52 week high of $174.27. The business’s fifty day simple moving average is $134.17 and its 200 day simple moving average is $144.36.
CBRE Group (NYSE:CBRE – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, research analysts expect that CBRE Group, Inc. will post 7.75 earnings per share for the current fiscal year.
Insiders Place Their Bets In related news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the completion of the sale, the chief financial officer owned 110,729 shares in the company, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by insiders.
About CBRE Group (Free Report)
CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.
In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.
Further Reading Five stocks we like better than CBRE 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 CBRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CBRE Group, Inc. (NYSE:CBRE – Free Report).
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California Public Employees Retirement System cut its stake in Sun Communities, Inc. (NYSE:SUI – Free Report) by 8.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 257,182 shares of the real estate investment trust’s stock after selling 24,801 shares during the period. California Public Employees Retirement System owned 0.21% of Sun Communities worth $32,395,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Sun Communities during the fourth quarter worth $753,364,000. Wellington Management Group LLP boosted its holdings in Sun Communities by 1,224.1% in the third quarter. Wellington Management Group LLP now owns 4,485,795 shares of the real estate investment trust’s stock valued at $578,668,000 after acquiring an additional 4,147,015 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Sun Communities by 37,933.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,474,162 shares of the real estate investment trust’s stock worth $182,663,000 after purchasing an additional 1,470,286 shares during the period. M&T Bank Corp increased its position in Sun Communities by 20,348.9% in the fourth quarter. M&T Bank Corp now owns 498,339 shares of the real estate investment trust’s stock worth $61,749,000 after purchasing an additional 495,902 shares during the period. Finally, Balyasny Asset Management L.P. raised its holdings in Sun Communities by 152.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 767,190 shares of the real estate investment trust’s stock worth $95,063,000 after purchasing an additional 463,312 shares during the last quarter. 99.59% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets A number of research analysts have issued reports on SUI shares. Truist Financial cut their target price on shares of Sun Communities from $141.00 to $138.00 and set a “buy” rating on the stock in a research report on Friday, June 26th. Weiss Ratings downgraded shares of Sun Communities from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Deutsche Bank Aktiengesellschaft set a $133.00 price objective on shares of Sun Communities in a report on Thursday, May 14th. Wells Fargo & Company dropped their target price on shares of Sun Communities from $150.00 to $142.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, Mizuho cut their price target on Sun Communities from $143.00 to $137.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $140.05.
Get Our Latest Stock Report on Sun Communities
Sun Communities Stock Down 1.0% Shares of NYSE SUI opened at $119.04 on Wednesday. Sun Communities, Inc. has a 52-week low of $115.53 and a 52-week high of $137.85. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.39 and a current ratio of 3.39. The stock has a market cap of $14.67 billion, a P/E ratio of 10.81, a P/E/G ratio of 3.97 and a beta of 0.79. The firm has a 50 day moving average price of $122.13 and a 200 day moving average price of $126.48.
Sun Communities (NYSE:SUI – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported ($0.07) EPS for the quarter, missing the consensus estimate of $1.31 by ($1.38). Sun Communities had a return on equity of 0.16% and a net margin of 62.29%.The business had revenue of $500.50 million for the quarter, compared to analyst estimates of $472.40 million. During the same period in the previous year, the business posted $1.26 EPS. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. Sun Communities has set its Q2 2026 guidance at 1.710-1.790 EPS and its FY 2026 guidance at 6.870-7.070 EPS. Analysts expect that Sun Communities, Inc. will post 6.9 EPS for the current year.
Sun Communities Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, June 30th. Sun Communities’s payout ratio is 40.69%.
Insider Activity at Sun Communities In related news, EVP Fernando Castro-Caratini sold 23,750 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $124.43, for a total transaction of $2,955,212.50. Following the completion of the sale, the executive vice president directly owned 9,998 shares of the company’s stock, valued at approximately $1,244,051.14. This represents a 70.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary A. Shiffman sold 25,031 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $119.96, for a total transaction of $3,002,718.76. Following the sale, the director owned 857,761 shares in the company, valued at $102,897,009.56. This trade represents a 2.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.58% of the stock is currently owned by insiders.
About Sun Communities (Free Report)
Sun Communities, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of manufactured housing communities, recreational vehicle (RV) resorts and marinas. The company’s portfolio spans more than 500 manufactured housing communities and over 160 RV resorts, offering affordable, long-term housing as well as short-stay recreational lodging. Through professional on-site management and amenity-rich community designs, Sun Communities serves a diverse customer base that includes retirees, workforce families and vacationers.
Founded in 1975 and headquartered in Southfield, Michigan, Sun Communities has grown organically and through strategic acquisitions to become one of the largest operators in its sector.
Featured Articles Five stocks we like better than Sun Communities Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Bessemer Group Inc. increased its position in shares of Site Centers Corp. (NYSE:SITC – Free Report) by 315,970.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 635,301 shares of the company’s stock after acquiring an additional 635,100 shares during the period. Bessemer Group Inc. owned approximately 1.21% of Site Centers worth $3,431,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Pensionfund Sabic bought a new position in Site Centers in the 4th quarter valued at $32,000. EverSource Wealth Advisors LLC increased its holdings in shares of Site Centers by 4,078.9% in the second quarter. EverSource Wealth Advisors LLC now owns 3,761 shares of the company’s stock worth $43,000 after purchasing an additional 3,671 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Site Centers by 380.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,988 shares of the company’s stock worth $45,000 after purchasing an additional 5,535 shares during the period. Pensionfund PDN purchased a new stake in shares of Site Centers in the fourth quarter worth $48,000. Finally, Laurion Capital Management LP purchased a new stake in shares of Site Centers in the fourth quarter worth $70,000. 88.70% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of brokerages have weighed in on SITC. Piper Sandler set a $5.00 target price on Site Centers and gave the stock a “neutral” rating in a research note on Tuesday. Wall Street Zen downgraded Site Centers from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Site Centers in a report on Wednesday, June 24th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Site Centers presently has a consensus rating of “Reduce” and an average target price of $7.50.
Get Our Latest Research Report on Site Centers
Site Centers Stock Performance Shares of NYSE:SITC opened at $4.38 on Wednesday. The firm has a market capitalization of $229.58 million, a PE ratio of 1.32 and a beta of 1.00. Site Centers Corp. has a 52-week low of $3.91 and a 52-week high of $12.39. The firm has a fifty day moving average of $4.80 and a 200 day moving average of $5.54.
Site Centers (NYSE:SITC – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.13. The business had revenue of $13.02 million for the quarter, compared to the consensus estimate of $10.20 million. Site Centers had a return on equity of 47.95% and a net margin of 212.95%.
Site Centers Dividend Announcement The firm also recently declared a special dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a dividend of $1.00 per share. Site Centers’s payout ratio is currently 15.66%.
About Site Centers (Free Report)
Site Centers (NYSE:SITC) is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of grocery-anchored shopping centers. The company’s portfolio comprises open-air retail properties that primarily serve daily needs tenants and national retailers. By concentrating on neighborhood and community shopping centers, Site Centers aims to provide stable occupancy levels and resilient income streams driven by essential services such as supermarkets, pharmacies and convenient dining options.
Originally known as DDR Corp., the company rebranded as Site Centers in 2021 to emphasize its strategic focus on high-quality retail assets and long-term value creation.
See Also Five stocks we like better than Site Centers 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 SITC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Site Centers Corp. (NYSE:SITC – Free Report).
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Fifth Third Bancorp bought a new position in shares of Nuvalent, Inc. (NASDAQ:NUVL – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 23,621 shares of the company’s stock, valued at approximately $2,420,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its position in shares of Nuvalent by 47.6% during the 4th quarter. GAMMA Investing LLC now owns 335 shares of the company’s stock valued at $34,000 after purchasing an additional 108 shares in the last quarter. NBC Securities Inc. bought a new position in shares of Nuvalent in the fourth quarter worth $125,000. KBC Group NV raised its position in shares of Nuvalent by 24.1% in the fourth quarter. KBC Group NV now owns 1,527 shares of the company’s stock worth $154,000 after buying an additional 297 shares in the last quarter. Portland Investment Counsel Inc. purchased a new stake in shares of Nuvalent in the fourth quarter worth $201,000. Finally, Swiss Life Asset Management Ltd bought a new stake in Nuvalent during the fourth quarter valued at $202,000. 97.26% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Nuvalent In other news, CEO James Richard Porter sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $101.69, for a total value of $3,050,700.00. Following the completion of the sale, the chief executive officer directly owned 324,879 shares in the company, valued at approximately $33,036,945.51. The trade was a 8.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Deborah Ann Miller sold 5,500 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $107.84, for a total transaction of $593,120.00. Following the completion of the sale, the insider directly owned 59,634 shares of the company’s stock, valued at $6,430,930.56. This trade represents a 8.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 125,971 shares of company stock valued at $13,358,939. 5.02% of the stock is owned by insiders.
Nuvalent Price Performance Shares of NUVL stock opened at $123.96 on Wednesday. The business has a 50-day moving average price of $114.66 and a two-hundred day moving average price of $106.89. Nuvalent, Inc. has a 12-month low of $71.13 and a 12-month high of $123.99. The firm has a market cap of $9.79 billion, a P/E ratio of -20.46 and a beta of 1.14.
Nuvalent (NASDAQ:NUVL – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($1.39) EPS for the quarter, missing the consensus estimate of ($1.35) by ($0.04). During the same quarter in the previous year, the company posted ($1.18) earnings per share. As a group, research analysts expect that Nuvalent, Inc. will post -5.74 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth NUVL has been the topic of a number of research analyst reports. TD Cowen lowered Nuvalent from a “buy” rating to a “hold” rating and set a $124.00 target price on the stock. in a research note on Tuesday, June 9th. Guggenheim downgraded Nuvalent from a “buy” rating to a “neutral” rating and dropped their price target for the company from $151.00 to $124.00 in a research report on Wednesday, June 10th. Canaccord Genuity Group lowered Nuvalent from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 9th. HC Wainwright cut shares of Nuvalent from a “buy” rating to a “neutral” rating and set a $124.00 price objective on the stock. in a research report on Tuesday, June 9th. Finally, Raymond James Financial downgraded shares of Nuvalent from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 9th. Four investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $127.73.
View Our Latest Stock Analysis on Nuvalent
Nuvalent Profile (Free Report)
Nuvalent, Inc (NASDAQ:NUVL) is a clinical-stage precision oncology company focused on the discovery, development and commercialization of targeted therapies for patients with genetically defined cancers. Founded in 2019 and headquartered in San Diego, California, Nuvalent applies structure-guided drug design to develop small molecule inhibitors that address key oncogenic drivers. The company’s research platform integrates insights from cancer biology, medicinal chemistry and translational science to create therapies with differentiated selectivity and potency against validated targets.
Nuvalent’s lead pipeline candidates include NVL-520, a highly selective RET inhibitor designed to minimize off-target effects, and NVL-655, a potent covalent inhibitor targeting KRAS G12D mutations.
Read More Five stocks we like better than Nuvalent 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 NUVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nuvalent, Inc. (NASDAQ:NUVL – Free Report).
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, /PRNewswire/ -- Hagens Berman (HBSS), a securities litigation leader, is broadening its investigation into Verra Mobility Corp. (NASDAQ: VRRM) following the company's disclosure of an abrupt leadership transition. The news comes in the wake of a securities action suit stemming from the catastrophic loss of a major contract.
VRRM Investors Submit Your Losses Now to HBSS
Class Period: Feb. 24, 2026 – May 26, 2026
Lead Plaintiff Deadline: Aug. 4, 2026
Visit: www.hbsslaw.com/investor-fraud/vrrm
Contact the Firm Now: [email protected]
844-916-0895
Leadership Vacuum
On June 1, 2026, Verra Mobility announced that long-time CEO David Roberts has abruptly stepped down, ending a 12-year tenure. This departure follows a volatile period for the company, initiated by the unexpected termination of a key contract with Avis Budget Group—a move that wiped out approximately $1.4 billion in shareholder value.
The Board of Directors has appointed former Chief Transformation and Legal Officer Jon Keyser as interim President and CEO while retaining a global search firm for a permanent replacement. Hagens Berman is investigating whether the departure is causally related to the allegations in the securities class action suit.
Verra Mobility Corporation (VRRM) Securities Class Action:
The complaint alleges Verra made false and misleading statements and did not disclose important information to investors about the true state of the Verra/Avis relationship and the likelihood of Verra receiving an Avis contract renewal.
The truth allegedly emerged on May 26, 2026, when Verra disclosed that it received a termination notice effective September 2026 from Avis regarding the companies' contract, that it is taking immediate actions to cut costs, adapt operations, and reposition its business, and revised its 2026 outlook that significantly deviated from that given just twenty days prior.
Verra also revealed that it was reviewing the parties' negotiations and handling of confidential information.
The news promptly sent the price of Verra shares 70% crashing lower on May 27, 2026, amputating $1.4 billion from the company's market capitalization in a single day.
View our latest video summary of the allegations: youtu.be/FVEw5XACoGA
"Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.
If you invested in Verra and have substantial losses, or have knowledge that will assist the firm's investigation, submit your losses now.
If you'd like more information and answers to other frequently asked questions about the Verra case and the firm's investigation, read more.
Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.
California Public Employees Retirement System decreased its holdings in Packaging Corporation of America (NYSE:PKG – Free Report) by 2.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 153,476 shares of the industrial products company’s stock after selling 3,830 shares during the quarter. California Public Employees Retirement System owned 0.17% of Packaging Corporation of America worth $32,571,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in PKG. Vanguard Group Inc. lifted its holdings in Packaging Corporation of America by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 11,279,442 shares of the industrial products company’s stock worth $2,326,159,000 after buying an additional 51,790 shares in the last quarter. State Street Corp increased its position in shares of Packaging Corporation of America by 1.3% during the fourth quarter. State Street Corp now owns 4,185,761 shares of the industrial products company’s stock worth $868,349,000 after acquiring an additional 54,884 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Packaging Corporation of America by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,478,505 shares of the industrial products company’s stock worth $717,372,000 after acquiring an additional 83,978 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Packaging Corporation of America by 7.5% in the fourth quarter. JPMorgan Chase & Co. now owns 3,316,670 shares of the industrial products company’s stock valued at $683,997,000 after acquiring an additional 231,474 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Packaging Corporation of America by 2.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,816,736 shares of the industrial products company’s stock valued at $580,897,000 after acquiring an additional 73,047 shares in the last quarter. Institutional investors and hedge funds own 89.78% of the company’s stock.
Packaging Corporation of America Trading Down 0.1% PKG opened at $228.16 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.88 and a current ratio of 3.07. Packaging Corporation of America has a one year low of $189.03 and a one year high of $249.51. The company has a market cap of $20.33 billion, a P/E ratio of 27.76, a PEG ratio of 2.13 and a beta of 0.80. The business’s 50-day simple moving average is $226.14 and its 200-day simple moving average is $222.17.
Packaging Corporation of America (NYSE:PKG – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The industrial products company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.17 by $0.23. The firm had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.45 billion. Packaging Corporation of America had a return on equity of 19.27% and a net margin of 8.04%.The firm’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.31 earnings per share. As a group, equities research analysts expect that Packaging Corporation of America will post 10.46 EPS for the current fiscal year.
Packaging Corporation of America Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were given a dividend of $1.50 per share. The ex-dividend date was Monday, June 15th. This represents a $6.00 annualized dividend and a dividend yield of 2.6%. This is a boost from Packaging Corporation of America’s previous quarterly dividend of $1.25. Packaging Corporation of America’s payout ratio is presently 72.99%.
Insider Buying and Selling at Packaging Corporation of America In related news, CEO Mark W. Kowlzan sold 9,266 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $217.08, for a total value of $2,011,463.28. Following the completion of the sale, the chief executive officer directly owned 473,610 shares of the company’s stock, valued at $102,811,258.80. The trade was a 1.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.60% of the company’s stock.
Analyst Ratings Changes Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft raised Packaging Corporation of America from a “hold” rating to a “buy” rating and boosted their target price for the stock from $225.00 to $256.00 in a research note on Monday, May 4th. Truist Financial lifted their price objective on Packaging Corporation of America from $258.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Bank of America boosted their price objective on Packaging Corporation of America from $242.00 to $263.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Citigroup upped their target price on shares of Packaging Corporation of America from $229.00 to $241.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $246.00 target price (up from $245.00) on shares of Packaging Corporation of America in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $256.14.
Get Our Latest Stock Analysis on PKG
Packaging Corporation of America Profile (Free Report)
Packaging Corporation of America (NYSE: PKG) is a leading North American manufacturer of containerboard and corrugated packaging products. The company produces a range of paper-based packaging solutions including linerboard, corrugating medium, corrugated shipping containers, retail-ready packaging and point-of-purchase displays. In addition to core packaging products, Packaging Corporation of America offers packaging design, testing and supply-chain services intended to optimize protection, cost and sustainability for customers.
Headquartered in Lake Forest, Illinois, the company operates an integrated network of mills and corrugated manufacturing facilities across the United States and serves customers throughout North America in industries such as e-commerce, grocery and food & beverage, consumer packaged goods and industrial markets.
Recommended Stories Five stocks we like better than Packaging Corporation of America Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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Bank of New York Mellon Corp raised its position in Matador Resources Company (NYSE:MTDR – Free Report) by 2.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,186,046 shares of the energy company’s stock after purchasing an additional 26,205 shares during the period. Bank of New York Mellon Corp owned about 0.95% of Matador Resources worth $74,934,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of MTDR. V Square Quantitative Management LLC purchased a new stake in Matador Resources in the 1st quarter worth approximately $27,000. Kestra Investment Management LLC raised its holdings in Matador Resources by 225.2% in the 2nd quarter. Kestra Investment Management LLC now owns 517 shares of the energy company’s stock valued at $25,000 after acquiring an additional 358 shares during the last quarter. Center for Financial Planning Inc. purchased a new position in shares of Matador Resources during the 1st quarter worth $41,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Matador Resources during the 3rd quarter worth $35,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Matador Resources by 361.3% during the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the energy company’s stock worth $45,000 after purchasing an additional 690 shares during the last quarter. 91.98% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Matador Resources In other news, COO Glenn W. Stetson purchased 500 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was acquired at an average cost of $53.41 per share, with a total value of $26,705.00. Following the acquisition, the chief operating officer owned 95,470 shares in the company, valued at approximately $5,099,052.70. This trade represents a 0.53% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Joseph Wm Foran acquired 4,675 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was purchased at an average price of $52.36 per share, for a total transaction of $244,783.00. Following the acquisition, the chief executive officer directly owned 6,997 shares in the company, valued at $366,362.92. This represents a 201.34% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have bought 11,907 shares of company stock valued at $635,712. Corporate insiders own 5.90% of the company’s stock.
Analyst Upgrades and Downgrades Several equities analysts recently commented on the company. Citigroup dropped their target price on Matador Resources from $72.00 to $68.00 and set a “buy” rating for the company in a research note on Monday. Mizuho lifted their price target on Matador Resources from $74.00 to $77.00 and gave the company an “outperform” rating in a report on Wednesday, May 27th. KeyCorp lifted their price target on Matador Resources from $61.00 to $73.00 and gave the company an “overweight” rating in a report on Thursday, April 2nd. Roth Capital raised shares of Matador Resources from a “neutral” rating to a “buy” rating and set a $65.00 price objective for the company in a research note on Monday, June 22nd. Finally, UBS Group cut their price objective on shares of Matador Resources from $62.00 to $56.00 and set a “neutral” rating on the stock in a report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Matador Resources currently has an average rating of “Moderate Buy” and a consensus price target of $64.08.
View Our Latest Analysis on MTDR
Matador Resources Price Performance MTDR stock opened at $54.06 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.70 and a current ratio of 0.73. Matador Resources Company has a 1 year low of $37.14 and a 1 year high of $66.84. The firm has a market cap of $6.71 billion, a P/E ratio of 13.90 and a beta of 0.74. The stock has a 50-day simple moving average of $53.46 and a 200-day simple moving average of $53.07.
Matador Resources (NYSE:MTDR – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The energy company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.24 by $0.29. Matador Resources had a return on equity of 11.20% and a net margin of 14.41%.The firm had revenue of $941.60 million for the quarter, compared to analyst estimates of $871.57 million. During the same period in the previous year, the company posted $1.99 EPS. Matador Resources’s revenue for the quarter was down 33.8% on a year-over-year basis. On average, equities analysts predict that Matador Resources Company will post 6.99 earnings per share for the current fiscal year.
Matador Resources Company Profile (Free Report)
Matador Resources Company is an independent energy firm primarily engaged in the exploration, development and production of oil, natural gas liquids (NGLs) and natural gas. The company focuses on upstream operations, utilizing horizontal drilling and hydraulic fracturing techniques to unlock hydrocarbons from key reservoirs. Its asset base includes both operated and non‐operated positions, with a particular emphasis on the Permian Basin, one of the most prolific oil-producing regions in North America.
Matador’s core operations are concentrated in the Delaware Basin segment of the Permian Basin, where it holds substantial acreage in both Reeves and Culberson counties in West Texas and Eddy and Lea counties in New Mexico.
Read More Five stocks we like better than Matador Resources Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding MTDR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Matador Resources Company (NYSE:MTDR – Free Report).
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Bessemer Group Inc. increased its position in Vulcan Materials Company (NYSE:VMC – Free Report) by 20.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 11,294 shares of the construction company’s stock after buying an additional 1,927 shares during the period. Bessemer Group Inc.’s holdings in Vulcan Materials were worth $3,074,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the business. Norges Bank purchased a new position in shares of Vulcan Materials in the fourth quarter valued at about $383,613,000. Egerton Capital UK LLP purchased a new stake in shares of Vulcan Materials during the fourth quarter worth about $273,861,000. Arrowstreet Capital Limited Partnership raised its stake in Vulcan Materials by 121.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 717,409 shares of the construction company’s stock valued at $204,619,000 after purchasing an additional 393,339 shares during the period. Assenagon Asset Management S.A. raised its stake in Vulcan Materials by 993.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 396,628 shares of the construction company’s stock valued at $113,126,000 after purchasing an additional 360,368 shares during the period. Finally, Freestone Grove Partners LP purchased a new position in Vulcan Materials in the 3rd quarter worth approximately $98,911,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.
Vulcan Materials Stock Performance NYSE VMC opened at $276.35 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.59 and a quick ratio of 1.89. Vulcan Materials Company has a 1-year low of $252.35 and a 1-year high of $331.09. The business has a 50 day simple moving average of $286.48 and a two-hundred day simple moving average of $290.84. The stock has a market capitalization of $35.86 billion, a PE ratio of 32.86, a P/E/G ratio of 2.03 and a beta of 1.05.
Vulcan Materials (NYSE:VMC – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.25. Vulcan Materials had a return on equity of 12.95% and a net margin of 13.81%.The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the prior year, the firm earned $1.00 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, research analysts predict that Vulcan Materials Company will post 9.23 EPS for the current fiscal year.
Vulcan Materials Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Thursday, August 13th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 13th. Vulcan Materials’s dividend payout ratio (DPR) is presently 24.73%.
Insider Buying and Selling at Vulcan Materials In other news, SVP David P. Clement sold 2,212 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $292.29, for a total value of $646,545.48. Following the sale, the senior vice president directly owned 8,716 shares in the company, valued at $2,547,599.64. The trade was a 20.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.65% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In Several research analysts have weighed in on VMC shares. Stephens upped their price target on Vulcan Materials from $330.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Raymond James Financial reiterated an “outperform” rating on shares of Vulcan Materials in a research report on Wednesday, July 15th. Berenberg Bank set a $283.00 target price on shares of Vulcan Materials and gave the stock a “hold” rating in a report on Tuesday, June 2nd. UBS Group dropped their target price on shares of Vulcan Materials from $350.00 to $349.00 and set a “buy” rating for the company in a research report on Wednesday, July 8th. Finally, Barclays raised their target price on shares of Vulcan Materials from $296.00 to $340.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Vulcan Materials has an average rating of “Moderate Buy” and a consensus price target of $327.79.
Check Out Our Latest Stock Report on Vulcan Materials
About Vulcan Materials (Free Report)
Vulcan Materials Company (NYSE: VMC) is a U.S.-based producer of construction materials that supplies the building and infrastructure markets. The company’s primary products include construction aggregates such as crushed stone, sand and gravel, as well as asphalt mixes and ready-mixed concrete. These materials are used in a wide range of projects including highways, commercial and residential construction, and public infrastructure.
Vulcan operates an integrated network of quarries, asphalt plants and concrete facilities to produce and deliver materials to contractors, municipalities and private developers.
Read More Five stocks we like better than Vulcan Materials 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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Tootsie Roll Industries, Inc. (NYSE:TR – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $40.04 and traded as low as $38.53. Tootsie Roll Industries shares last traded at $38.97, with a volume of 125,023 shares traded.
Analysts Set New Price Targets Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Tootsie Roll Industries in a research report on Monday, June 15th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Tootsie Roll Industries currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on TR
Tootsie Roll Industries Price Performance The firm has a market capitalization of $2.93 billion, a P/E ratio of 29.15 and a beta of 0.39. The business has a 50 day moving average price of $38.69 and a 200 day moving average price of $40.04.
Tootsie Roll Industries (NYSE:TR – Get Free Report) last announced its earnings results on Friday, May 8th. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $151.54 million for the quarter. Tootsie Roll Industries had a net margin of 13.70% and a return on equity of 10.77%.
Tootsie Roll Industries Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 9th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.9%. Tootsie Roll Industries’s dividend payout ratio (DPR) is presently 26.87%.
Institutional Inflows and Outflows A number of institutional investors have recently modified their holdings of the company. Versant Capital Management Inc raised its position in Tootsie Roll Industries by 680.2% in the 2nd quarter. Versant Capital Management Inc now owns 944 shares of the company’s stock valued at $37,000 after purchasing an additional 823 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Tootsie Roll Industries by 48.1% during the first quarter. EverSource Wealth Advisors LLC now owns 958 shares of the company’s stock worth $41,000 after purchasing an additional 311 shares during the last quarter. State of Wyoming acquired a new stake in shares of Tootsie Roll Industries in the fourth quarter valued at $58,000. Sound Income Strategies LLC increased its stake in shares of Tootsie Roll Industries by 1,931.9% in the first quarter. Sound Income Strategies LLC now owns 1,402 shares of the company’s stock valued at $60,000 after buying an additional 1,333 shares in the last quarter. Finally, iSAM Funds UK Ltd bought a new position in shares of Tootsie Roll Industries in the third quarter valued at about $136,000. Institutional investors own 14.28% of the company’s stock.
Tootsie Roll Industries Company Profile (Get Free Report)
Tootsie Roll Industries, Inc is a U.S.-based confectionery company best known for producing Tootsie Rolls and Tootsie Pops. Headquartered in Chicago, the company manufactures a broad range of candy products, including fruit-flavored chews, gummies, mints and gum, under a portfolio of well-recognized brands. Its offerings are sold through mass-market retailers, convenience stores, specialty shops and vending channels.
The company traces its origins to 1896 when confectioner Leo Hirschfeld invented the Tootsie Roll in New York City.
Further Reading Five stocks we like better than Tootsie Roll 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 Receive News & Ratings for Tootsie Roll Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tootsie Roll Industries and related companies with MarketBeat.com's FREE daily email newsletter.
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Bank of New York Mellon Corp trimmed its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 2.1% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 897,297 shares of the semiconductor company’s stock after selling 19,148 shares during the quarter. Bank of New York Mellon Corp owned about 0.66% of Lattice Semiconductor worth $83,233,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of LSCC. Invesco Ltd. raised its stake in Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after purchasing an additional 3,885,482 shares in the last quarter. State Street Corp grew its stake in Lattice Semiconductor by 1.8% during the second quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after buying an additional 85,973 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Lattice Semiconductor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock valued at $254,433,000 after buying an additional 84,812 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after acquiring an additional 1,390,109 shares during the period. Finally, Pictet Asset Management Holding SA lifted its holdings in shares of Lattice Semiconductor by 11.6% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,763,543 shares of the semiconductor company’s stock worth $203,341,000 after acquiring an additional 287,190 shares during the period. 98.08% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research analysts have commented on the stock. Needham & Company LLC boosted their price objective on shares of Lattice Semiconductor from $110.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada boosted their price target on Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday. Wall Street Zen cut Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Monday. Finally, Robert W. Baird increased their target price on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Thirteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $132.29.
View Our Latest Stock Analysis on LSCC
Lattice Semiconductor Stock Up 8.2% NASDAQ LSCC opened at $135.83 on Wednesday. Lattice Semiconductor Corporation has a twelve month low of $46.43 and a twelve month high of $157.01. The company has a market cap of $18.61 billion, a price-to-earnings ratio of 970.28, a price-to-earnings-growth ratio of 3.10 and a beta of 1.78. The business’s fifty day moving average is $139.70 and its 200 day moving average is $111.79.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The business had revenue of $170.90 million during the quarter, compared to analysts’ expectations of $164.93 million. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The business’s revenue for the quarter was up 42.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.22 EPS. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, research analysts anticipate that Lattice Semiconductor Corporation will post 1.02 earnings per share for the current fiscal year.
Insider Transactions at Lattice Semiconductor In related news, SVP Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total transaction of $416,041.60. Following the sale, the senior vice president directly owned 63,084 shares in the company, valued at $9,578,674.56. This trade represents a 4.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Elizabeth M. Schwarting sold 3,200 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $124.53, for a total transaction of $398,496.00. Following the sale, the director directly owned 6,636 shares in the company, valued at $826,381.08. The trade was a 32.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 14,080 shares of company stock valued at $2,045,078. 0.62% of the stock is currently owned by company insiders.
Lattice Semiconductor Profile (Free Report)
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
Recommended Stories Five stocks we like better than Lattice Semiconductor 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 LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report).
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Fifth Third Bancorp grew its holdings in ACI Worldwide, Inc. (NASDAQ:ACIW – Free Report) by 6,606.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 56,266 shares of the technology company’s stock after purchasing an additional 55,427 shares during the quarter. Fifth Third Bancorp owned about 0.06% of ACI Worldwide worth $2,308,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC boosted its stake in ACI Worldwide by 226.8% during the 4th quarter. Farther Finance Advisors LLC now owns 536 shares of the technology company’s stock valued at $26,000 after purchasing an additional 372 shares during the period. Allworth Financial LP increased its position in ACI Worldwide by 93.5% in the 3rd quarter. Allworth Financial LP now owns 532 shares of the technology company’s stock worth $28,000 after buying an additional 257 shares during the period. Eagle Bay Advisors LLC bought a new position in ACI Worldwide in the 4th quarter worth approximately $37,000. State of Wyoming acquired a new position in shares of ACI Worldwide during the second quarter worth approximately $37,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of ACI Worldwide by 122.1% during the second quarter. EverSource Wealth Advisors LLC now owns 944 shares of the technology company’s stock worth $43,000 after buying an additional 519 shares during the last quarter. 94.73% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In ACIW has been the subject of several research reports. Zacks Research raised ACI Worldwide from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Wall Street Zen lowered shares of ACI Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. Weiss Ratings upgraded shares of ACI Worldwide from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Finally, DA Davidson raised their price target on shares of ACI Worldwide from $60.00 to $64.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, ACI Worldwide presently has an average rating of “Hold” and a consensus price target of $64.00.
View Our Latest Stock Report on ACI Worldwide
ACI Worldwide Stock Down 0.3% ACIW opened at $56.69 on Wednesday. The company has a market capitalization of $5.76 billion, a P/E ratio of 28.49 and a beta of 0.98. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.53 and a quick ratio of 1.53. The firm’s fifty day moving average price is $47.59 and its two-hundred day moving average price is $44.15. ACI Worldwide, Inc. has a fifty-two week low of $38.05 and a fifty-two week high of $60.17.
ACI Worldwide (NASDAQ:ACIW – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.16. ACI Worldwide had a net margin of 11.51% and a return on equity of 16.76%. The company had revenue of $425.75 million during the quarter, compared to analysts’ expectations of $410.08 million. During the same quarter in the prior year, the company posted $0.51 EPS. The business’s revenue was up 7.9% on a year-over-year basis. On average, analysts anticipate that ACI Worldwide, Inc. will post 2.69 EPS for the current year.
ACI Worldwide Profile (Free Report)
ACI Worldwide (NASDAQ:ACIW) is a global software company that provides electronic payment and banking solutions to financial institutions, merchants and billers. The company’s platforms enable real-time processing of credit, debit, ACH, bill payments, faster payments and money transfers, as well as integrated fraud prevention services. Headquartered in Naples, Florida, ACI serves clients across banking, payments and commerce sectors worldwide.
ACI’s modular suite of applications can be deployed on-premise, in the cloud or in hybrid environments to meet diverse operational needs.
Read More Five stocks we like better than ACI Worldwide Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System lessened its position in DT Midstream, Inc. (NYSE:DTM – Free Report) by 6.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 256,680 shares of the company’s stock after selling 17,205 shares during the period. California Public Employees Retirement System owned about 0.25% of DT Midstream worth $34,567,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the company. Nordea Investment Management AB bought a new stake in DT Midstream in the 4th quarter worth about $1,371,000. Principal Financial Group Inc. lifted its stake in DT Midstream by 2.6% during the 4th quarter. Principal Financial Group Inc. now owns 513,541 shares of the company’s stock valued at $61,462,000 after acquiring an additional 13,212 shares during the period. Deutsche Bank AG lifted its stake in DT Midstream by 6.9% during the 4th quarter. Deutsche Bank AG now owns 3,090,365 shares of the company’s stock valued at $369,855,000 after acquiring an additional 200,114 shares during the period. UBS Group AG lifted its stake in DT Midstream by 9.1% during the 4th quarter. UBS Group AG now owns 528,575 shares of the company’s stock valued at $63,260,000 after acquiring an additional 44,233 shares during the period. Finally, Eventide Asset Management LLC boosted its holdings in shares of DT Midstream by 115.4% during the 4th quarter. Eventide Asset Management LLC now owns 394,724 shares of the company’s stock valued at $47,266,000 after acquiring an additional 211,471 shares during the last quarter. Hedge funds and other institutional investors own 81.53% of the company’s stock.
DT Midstream Price Performance NYSE DTM opened at $141.79 on Wednesday. DT Midstream, Inc. has a 52 week low of $98.06 and a 52 week high of $152.88. The firm has a market capitalization of $14.46 billion, a P/E ratio of 31.37, a PEG ratio of 3.12 and a beta of 0.71. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.68. The company has a 50-day moving average price of $145.10 and a 200-day moving average price of $136.73.
DT Midstream (NYSE:DTM – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.16. The firm had revenue of $336.00 million for the quarter, compared to analysts’ expectations of $313.65 million. DT Midstream had a net margin of 36.28% and a return on equity of 9.53%. During the same quarter in the prior year, the business earned $1.06 EPS. DT Midstream has set its FY 2026 guidance at 4.420-4.820 EPS. Equities research analysts anticipate that DT Midstream, Inc. will post 4.77 earnings per share for the current year.
DT Midstream Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, June 15th. DT Midstream’s dividend payout ratio (DPR) is currently 77.88%.
Wall Street Analyst Weigh In A number of analysts have recently commented on DTM shares. Raymond James Financial reiterated an “outperform” rating and issued a $158.00 price target on shares of DT Midstream in a research note on Thursday, April 30th. Wall Street Zen upgraded shares of DT Midstream from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. raised their target price on shares of DT Midstream from $146.00 to $154.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Barclays lifted their target price on shares of DT Midstream from $141.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Finally, The Goldman Sachs Group boosted their target price on shares of DT Midstream from $111.00 to $127.00 and gave the company a “sell” rating in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $155.69.
View Our Latest Research Report on DTM
DT Midstream Company Profile (Free Report)
DT Midstream Inc (NYSE: DTM) is a midstream energy company that owns and operates infrastructure for gathering, processing and treating hydrocarbons and produced water. Its core business activities encompass natural gas gathering, cryogenic processing, natural gas liquids (NGL) fractionation, and produced-water handling services. These integrated operations enable the company to capture and transport multiple hydrocarbon streams from wellhead to market and to provide essential water management solutions.
The company’s asset footprint is concentrated in the Delaware Basin in West Texas and southeastern New Mexico, where it serves a diverse range of exploration and production customers.
Read More Five stocks we like better than DT Midstream Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System raised its holdings in Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 15.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 325,242 shares of the textile maker’s stock after purchasing an additional 44,597 shares during the period. California Public Employees Retirement System owned 0.23% of Deckers Outdoor worth $32,553,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the business. Geneos Wealth Management Inc. increased its stake in shares of Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in Deckers Outdoor in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. lifted its stake in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares in the last quarter. Activest Wealth Management grew its holdings in Deckers Outdoor by 298.8% during the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after buying an additional 245 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in Deckers Outdoor during the 4th quarter valued at $35,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets A number of equities analysts have recently weighed in on DECK shares. Raymond James Financial cut Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a report on Thursday, April 23rd. UBS Group increased their price objective on Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Telsey Advisory Group set a $113.00 price objective on Deckers Outdoor in a research report on Friday, May 22nd. Argus set a $128.00 target price on shares of Deckers Outdoor in a research note on Friday, May 29th. Finally, Barclays restated an “overweight” rating and issued a $141.00 target price (down from $143.00) on shares of Deckers Outdoor in a report on Tuesday, May 26th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $121.11.
Get Our Latest Report on DECK
Deckers Outdoor Price Performance NYSE DECK opened at $103.42 on Wednesday. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $126.50. The company has a 50-day moving average of $105.88 and a 200-day moving average of $106.19. The company has a market cap of $14.36 billion, a P/E ratio of 14.69, a P/E/G ratio of 2.05 and a beta of 1.17.
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period last year, the company earned $1.00 earnings per share. The company’s quarterly revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, equities research analysts anticipate that Deckers Outdoor Corporation will post 7.46 EPS for the current year.
Deckers Outdoor Company Profile (Free Report)
Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.
Founded in 1973 by Doug Otto and Karl F.
Recommended Stories Five stocks we like better than Deckers Outdoor Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding DECK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deckers Outdoor Corporation (NYSE:DECK – Free Report).
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Bank of New York Mellon Corp boosted its stake in Wingstop Inc. (NASDAQ:WING – Free Report) by 11.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 488,213 shares of the restaurant operator’s stock after purchasing an additional 49,300 shares during the period. Bank of New York Mellon Corp owned about 1.79% of Wingstop worth $75,658,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SBI Securities Co. Ltd. grew its stake in Wingstop by 76.9% in the fourth quarter. SBI Securities Co. Ltd. now owns 138 shares of the restaurant operator’s stock worth $33,000 after purchasing an additional 60 shares during the period. Rakuten Securities Inc. grew its holdings in shares of Wingstop by 197.9% during the fourth quarter. Rakuten Securities Inc. now owns 143 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 95 shares during the last quarter. GW&K Investment Management LLC increased its position in shares of Wingstop by 75.7% during the fourth quarter. GW&K Investment Management LLC now owns 188 shares of the restaurant operator’s stock valued at $45,000 after acquiring an additional 81 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Wingstop by 121.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 217 shares of the restaurant operator’s stock worth $49,000 after buying an additional 119 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new position in Wingstop during the 4th quarter valued at about $63,000.
Wingstop Price Performance Shares of NASDAQ WING opened at $134.95 on Wednesday. The firm has a fifty day moving average price of $150.95 and a 200-day moving average price of $194.79. The stock has a market cap of $3.67 billion, a PE ratio of 33.57, a price-to-earnings-growth ratio of 1.68 and a beta of 1.79. Wingstop Inc. has a 1 year low of $116.35 and a 1 year high of $381.45.
Wingstop (NASDAQ:WING – Get Free Report) last released its earnings results on Wednesday, April 29th. The restaurant operator reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.16. Wingstop had a net margin of 15.77% and a negative return on equity of 16.22%. The company had revenue of $183.72 million for the quarter, compared to analysts’ expectations of $187.82 million. During the same quarter in the previous year, the company earned $0.99 EPS. Wingstop’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, research analysts expect that Wingstop Inc. will post 4.57 EPS for the current year.
Wingstop Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 15th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Friday, May 15th. Wingstop’s dividend payout ratio (DPR) is 29.85%.
Analysts Set New Price Targets WING has been the topic of a number of research reports. Weiss Ratings downgraded shares of Wingstop from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. Raymond James Financial upgraded shares of Wingstop from an “outperform” rating to a “strong-buy” rating and decreased their price target for the stock from $325.00 to $240.00 in a research report on Thursday, April 2nd. Stephens set a $200.00 price target on shares of Wingstop in a research note on Tuesday. Guggenheim cut their price objective on shares of Wingstop from $255.00 to $215.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Finally, The Goldman Sachs Group lowered Wingstop from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $290.00 to $190.00 in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $259.15.
Read Our Latest Research Report on WING
Wingstop Profile (Free Report)
Wingstop Inc (NASDAQ: WING) is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.
The company’s core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.
Read More Five stocks we like better than Wingstop 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 WING? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wingstop Inc. (NASDAQ:WING – Free Report).
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Fifth Third Bancorp increased its holdings in shares of WillScot Holdings Corporation (NASDAQ:WSC – Free Report) by 8,906.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,563 shares of the company’s stock after acquiring an additional 141,969 shares during the period. Fifth Third Bancorp owned approximately 0.08% of WillScot worth $2,492,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Xponance LLC boosted its position in shares of WillScot by 3.5% in the 4th quarter. Xponance LLC now owns 14,245 shares of the company’s stock worth $268,000 after purchasing an additional 478 shares in the last quarter. CWM LLC increased its position in WillScot by 37.7% during the 4th quarter. CWM LLC now owns 2,071 shares of the company’s stock valued at $39,000 after buying an additional 567 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in WillScot by 1.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 41,604 shares of the company’s stock valued at $783,000 after buying an additional 600 shares in the last quarter. Salomon & Ludwin LLC raised its stake in WillScot by 117.3% during the fourth quarter. Salomon & Ludwin LLC now owns 1,258 shares of the company’s stock valued at $25,000 after buying an additional 679 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its stake in WillScot by 0.4% during the second quarter. CANADA LIFE ASSURANCE Co now owns 185,701 shares of the company’s stock valued at $5,092,000 after buying an additional 714 shares during the last quarter. Hedge funds and other institutional investors own 95.81% of the company’s stock.
WillScot Stock Up 1.6% WSC stock opened at $26.52 on Wednesday. The stock has a market capitalization of $4.80 billion, a P/E ratio of -69.79, a P/E/G ratio of 1.55 and a beta of 1.32. The company has a debt-to-equity ratio of 4.00, a current ratio of 0.79 and a quick ratio of 0.72. WillScot Holdings Corporation has a 1-year low of $14.91 and a 1-year high of $31.88. The business has a fifty day moving average price of $26.61 and a 200-day moving average price of $22.76.
WillScot (NASDAQ:WSC – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.16 by $0.05. WillScot had a positive return on equity of 20.65% and a negative net margin of 2.99%.The company had revenue of $548.63 million for the quarter, compared to analysts’ expectations of $518.17 million. During the same period last year, the firm posted $0.26 earnings per share. WillScot’s revenue was down 2.0% compared to the same quarter last year. Equities analysts forecast that WillScot Holdings Corporation will post 1.1 earnings per share for the current fiscal year.
WillScot Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, June 3rd were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, June 3rd. WillScot’s dividend payout ratio (DPR) is presently -73.68%.
Insider Activity at WillScot In other news, Director Bradley Lee Soultz sold 4,317 shares of WillScot stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $25.92, for a total value of $111,896.64. Following the completion of the sale, the director directly owned 414,059 shares in the company, valued at $10,732,409.28. The trade was a 1.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 155,781 shares of company stock valued at $4,205,113 in the last three months. Insiders own 3.40% of the company’s stock.
Analysts Set New Price Targets WSC has been the topic of a number of recent research reports. Wall Street Zen raised WillScot from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group assumed coverage on WillScot in a research report on Wednesday, April 8th. They issued a “neutral” rating and a $19.00 price target for the company. Barclays upped their price target on shares of WillScot from $22.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Friday, May 15th. Weiss Ratings reissued a “sell (d)” rating on shares of WillScot in a research report on Wednesday, May 20th. Finally, Citigroup raised their price objective on shares of WillScot from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $26.25.
Get Our Latest Stock Analysis on WSC
About WillScot (Free Report)
WillScot (NASDAQ: WSC) is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single‐unit office trailers and classrooms to complex multi‐unit configurations tailored to diverse project requirements.
In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.
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RIDGELAND, Miss., July 22, 2026 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (Nasdaq: CALM) (“Cal-Maine Foods,” “we,” “us,” “our” or the “company”), the largest egg company in the United States and a leading player in the egg-based food industry, today reported results for its fourth quarter and fiscal year ended May 30, 2026. Unless otherwise indicated, all comparisons are to the comparable period of fiscal 2025.
Financial Highlights
(in thousands except per share amounts and percentages) Fourth QuarterFiscal Year 2026 2025 $ Change % Change2026 2025 $ Change % ChangeNet sales$552,581 $1,103,658 $(551,077) (49.9)%$2,911,632 $4,261,885 $(1,350,253) (31.7)%Gross profit$34,066 $531,510 $(497,444) (93.6)%$672,049 $1,850,885 $(1,178,836) (63.7)%Operating income (loss)$(58,811) $435,851 $(494,662) (113.5)%$350,186 $1,536,539 $(1,186,353) (77.2)%Net income attributable to Cal-Maine Foods, Inc.$(35,876) $342,475 $(378,351) (110.5)%$316,682 $1,220,048 $(903,366) (74.0)%Income (loss) per share - diluted$(0.76) $7.01 $(7.77) (110.8)%$6.63 $24.95 $(18.32) (73.4)% Strategic Execution Highlights
Continued focus on sales diversification and mix shift, expected to strengthen earnings durability and predictability over time In the fourth quarter of fiscal 2026: Prepared Foods accounted for 10.9% of net salesCombined, Specialty Shell Eggs and Prepared Foods increased to 53.0% of net sales In fiscal 2026: Prepared Foods accounted for 8.4% of net salesCombined, Specialty Shell Eggs and Prepared Foods grew to 44.4% of net sales Acquired certain assets of Creighton Brothers LLC and its affiliates, intended to further enhance vertically integrated operating model and strengthen connectivity across shell egg and prepared foods value chainAcquired the Van’s® brand, aimed at accelerating strategic evolution into value-added, consumer-facing prepared foods and further diversifying earnings profileSubsequent to fiscal year-end: Acquired additional Eggland’s Best® franchise territory in Northeast, expanding the company's distribution footprint and increasing its specialty shell egg category penetration across one of the nation’s largest, highest-income consumer marketsAnnounced new $54 million investment to further expand Prepared Foods production capacity: Expected to add approximately 30% incremental production capacity beginning in the first half of fiscal 2028Builds on previously announced 30% organic capacity growth and 6% Van’s® acquisition-driven capacity growthPrepared Foods production capacity projected to increase by over 60% from the end of fiscal 2026 through the first half of fiscal 2028 Commentary
Sherman Miller, president and chief executive officer of Cal-Maine Foods, said, “Fiscal 2026, culminating in a particularly challenging fourth quarter, reinforced the importance of our strategy to enhance the structural mix of our business, expand our portfolio of products that support more stable and predictable financial performance, and reposition our pricing structure by reducing the impact of market-based pricing. Equally important has been maintaining a strong balance sheet, which provides the financial flexibility to navigate market cyclicality while supporting our long-term strategic priorities.
“During the quarter, industry oversupply drove wholesale shell egg prices to historically low inflation-adjusted levels. This dynamic was largely supply-driven rather than demand-driven, and we continue to see favorable long-term demand fundamentals across our end markets. The sustained trough pricing environment in the quarter provides a valuable stress-case reference point, demonstrating the resilience built through our strategic actions to date while highlighting the meaningful upside opportunity as our initiatives continue to mature.
“We are proud of the progress we have made this year executing our strategy. We are advancing our Prepared Foods network optimization and expansion initiatives on schedule, driving improved operating performance and sequential margin improvement in the quarter. We delivered Specialty Shell Egg volume growth for the full fiscal year with broad-based gains across subcategories. Notably, Specialty Shell Eggs plus Prepared Foods represented more than half of our net sales for the fourth quarter of fiscal 2026.”
New Reportable Operating Segments
Cal-Maine Foods previously operated as one operating and one reportable segment. Effective in the fourth quarter of fiscal 2026, the company implemented a new operating segment structure designed to better align with how management reviews operating results and makes decisions about resource allocation and strategic initiatives.
Cal-Maine Foods’ reportable operating segments now consist of the following:
Conventional Shell EggsSpecialty Shell EggsPrepared Foods Cal-Maine Foods’ remaining operations, which include co-pack shell eggs, egg products, hard-cooked eggs and other business activities, are not reportable segments, as defined by the applicable accounting standard. All prior fiscal year periods have been recast to reflect the new reportable segments, and such recast information is included in the schedules accompanying this release.
Fourth quarter and full-year performance reflected an egg pricing environment that deteriorated throughout fiscal 2026, with egg prices reaching historically low inflation-adjusted levels in the fourth quarter and remaining well below the record-high prices of the prior fiscal year. Market conditions were driven by elevated supply, resulting in low pricing. During fiscal 2026, supply increased to levels that left the market abundantly supplied, a sharp contrast to the severe shortages experienced in the prior fiscal year. In addition, the fourth and first fiscal quarters are typically the seasonally lowest periods for pricing, even under more normal supply conditions.
These headwinds were partially offset by the benefits of existing grain-based and hybrid pricing arrangements with certain customers and rigorous commercial execution. Volume increased 3.1% in the fourth quarter and was relatively flat for the fiscal year, indicating that lower results were driven by pricing rather than demand. Average selling price per dozen decreased 70.9% in the fourth quarter and 50.9% for the fiscal year. Margins declined due to substantially lower pricing, partially offset by improved price realization relative to both the prior-year fourth quarter and preceding quarter.
Specialty Shell Eggs
Fourth quarter volumes were more consistent with historical seasonal patterns, underlying demand, and typical pricing relationships across adjacent categories. Volumes decreased 5.9% in the fourth quarter primarily due to an unusually strong prior-year comparison, which benefited from temporary demand acceleration driven by an atypical pricing relationship with conventional shell eggs. The average selling price per dozen for the fourth quarter decreased 16.5%, driven by supply-side dynamics.
As a result, the quarter reflects a seasonal reversion from an exceptionally strong prior-year period, while the broader segment continues to benefit from stable long-term pricing and favorable demand fundamentals. For the fiscal year, volume increased 2.4% despite more typical pricing dynamics, an encouraging result that reflects resilient consumer demand and the strength of the company’s commercial execution. The average selling price per dozen for the fiscal year decreased 9.5%. Margins declined in both the fourth quarter and fiscal year, primarily due to pricing that remained below the elevated prior-year levels and lower volumes in the fourth quarter.
Prepared Foods
For the fourth quarter, results reflected continued execution of previously announced network optimization and expansion initiatives. As these initiatives advanced on schedule, higher production improved utilization and fixed-cost absorption, driving stronger operating performance and sequential margin improvement. Sales prices and volume increased compared to the third quarter of fiscal 2026. The integration of Van’s® progressed in line with expectations, with early results demonstrating strong performance. The Crepini® joint venture continued to exhibit robust growth momentum, reinforcing the company’s ability to scale high-performing brands and products.
Outlook
Mr. Miller commented, "Looking ahead, we believe we are increasingly well positioned as market conditions improve, particularly as we move beyond our first quarter. During the first five weeks of our first quarter, Urner Barry reported that market prices averaged just $0.72, approximately 54% below the comparable period in our fourth quarter. More recently, Urner Barry has reported that pricing has strengthened, increasing by more than 90% in only a few weeks. Early indications point to improving supply-demand balance, supporting a more constructive egg pricing environment heading into the fall, which is historically a seasonally stronger period.
“More importantly, we believe the strategy we have been executing is beginning to gain traction. A key component of this strategy is expanding our presence in categories with attractive long-term growth opportunities and strong market positioning.
“We are excited about the expansion of our Eggland’s Best® franchise territory in the Northeast, which provides us with the right to distribute and sell Eggland’s Best® and Land O’Lakes® branded eggs in Maine, Massachusetts, New Hampshire, Rhode Island, and select key areas in Vermont, New York, and Connecticut. This expansion is expected to increase our Specialty Shell Egg volume by approximately 5% annually, and further strengthens our position in an important growth market.
“We are also advancing our long-term growth strategy with a new $54 million investment to further expand our Prepared Foods production capacity. This investment will add approximately 30% incremental production beginning in the first half of fiscal 2028, strengthening our business with a more durable, predictable, and diversified revenue and earnings profile. Together with our previously announced 30% organic capacity growth and 6% Van’s® acquisition-driven capacity growth, Prepared Foods production capacity will increase over 60% from the end of fiscal 2026 through the first half of fiscal 2028.
“We are still in the early stages of our evolution, with substantial runway to grow our value-added businesses through both organic expansion and targeted acquisitions. As our portfolio continues to mature, we expect a greater share of earnings to come from higher-quality, less cyclical sources, creating a more consistent earnings profile and positioning the company for sustainable growth and long-term shareholder value creation.”
Share Repurchase Update
Cal-Maine Foods repurchased 396,083 shares of its common stock under the company’s current share repurchase authorization during the fourth quarter for a total of $30.1 million. The repurchase program permits the company to repurchase up to $500 million, of which $320.7 million remains available.
Dividend Payment
Pursuant to the company’s variable dividend policy, Cal-Maine Foods will not pay a cash dividend for the fourth quarter and will not pay a dividend for a subsequent profitable quarter until the company is profitable on a cumulative basis computed from the date of the last quarter in which a dividend was paid. As of May 30, 2026, the total cumulative loss to be recovered before payment of any future dividends under our variable dividend policy was $35.9 million.
Conference Call and Webcast
Management will host a conference call and webcast at 9:00 a.m. ET on July 22, 2026. Participants can access the live webcast on the Investor Relations page of the Cal-Maine Foods website at https://www.calmainefoods.com/events-presentations. To join by telephone, participants can register here. Upon registration, participants will receive a confirmation email with detailed instructions, including a dial-in number, unique passcode, and registrant ID. A replay of the webcast will be available for 30 days following the call on the Investor Relations page of the Cal-Maine Foods website at https://www.calmainefoods.com/events-presentations.
About Cal-Maine Foods
Cal-Maine Foods, Inc. (Nasdaq: CALM) is the largest egg company in the United States and a leading player in the egg-based food industry. With a strong national footprint, Cal-Maine Foods provides nutritious, affordable, and sustainable protein to millions of households every day.
The company’s portfolio spans the full egg value ladder—from conventional to specialty, including cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced—serving both retail and foodservice customers nationwide. Cal-Maine Foods also participates in the growing prepared foods sector, with offerings such as pre-cooked egg patties, omelets, folded and scrambled egg formats, hard-cooked eggs, pancakes, waffles, and specialty wraps. Its branded portfolio includes Eggland’s Best®, Land O’Lakes®, Farmhouse Eggs®, 4Grain®, Sunups®, Sunny Meadow®, MeadowCreek Foods®, Van’s®, and Crepini®.
Headquartered in Ridgeland, Mississippi, Cal-Maine’s strategy combines scale, operational excellence, and financial discipline with a commitment to innovation and sustainability, to enable the company to deliver trusted nutrition, enduring partnerships, and long-term value for its stakeholders.
Forward Looking Statements
Statements contained in this press release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management’s current intent, belief, expectations, estimates and projections regarding our Company and our industry. These statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other factors that are difficult to predict and may be beyond our control. The factors that could cause actual results to differ materially from those projected in the forward-looking statements include, among others, (i) the risk factors set forth the company’s SEC Filings (including its Annual Report on Form 10-K, as updated in Part II Item 1A of the company’s quarterly reports on Form 10-Q and Current Reports on Form 8-K), (ii) changes in wholesale shell egg market prices, (iii) changes in the demand for shell eggs and our prepared foods offerings, (iv) increases in feed costs for our shell egg operations as well as increases in input costs for prepared foods, (v) our ability to predict and meet demand for cage-free and other specialty shell eggs, (vi) the risks and hazards inherent in shell egg, egg products and prepared foods operations (including, as applicable, disease, pests, weather conditions, and potential for product recall), including but not limited to the current outbreak of HPAI affecting poultry in the U.S., Canada and other countries that was first detected in commercial flocks in the U.S. in February 2022 and that impacted our flocks in the third and fourth quarters of fiscal 2024 and again in March 2026, (vii) risks, changes, or obligations that could result from our recent or future acquisition of new flocks or businesses, such as our acquisition of Echo Lake Foods completed June 2, 2025, and risks or changes that may cause conditions to completing a pending acquisition not to be met, (viii) our ability to successfully integrate and manage recently acquired businesses like Echo Lake Foods and realize the expected benefits of such acquisitions, including synergies, cost savings, reduction in earnings volatility, margin expansion, financial returns, expanded customer relationships, or sales or growth opportunities, (ix) our ability to produce, supply and distribute shell eggs and prepared foods efficiently and reliably, (x) our ability to compete effectively with existing competitors and new market entrants, retain existing customers, acquire new customers and grow our product mix including our prepared foods product offerings, (xi) the impacts of government, customer and consumer reactions to high market prices for eggs, including, without limitation, potential new or expanded government regulations, (xii) risks relating to potential changes in inflation, interest rates and trade and tariff policies, (xiii) the loss or expiration of any registered trademarks or other intellectual property that we use in our business, (xiv) adverse results in pending litigation and other legal matters, and (xv) global instability, including as a result of geopolitical conflicts and other uncertainties. The Company’s SEC filings may be obtained from the SEC or the company’s website, www.calmainefoods.com. Readers are cautioned not to place undue reliance on forward-looking statements because, while we believe the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove to be accurate. Further, forward-looking statements included herein are made only as of the respective dates thereof, or if no date is stated, as of the date hereof. Except as otherwise required by law, we disclaim any intent or obligation to update publicly these forward-looking statements, whether because of new information, future events, or otherwise.
CAL-MAINE FOODS, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS
(Unaudited)
(In thousands, except per share amounts)SUMMARY STATEMENTS OF INCOME
13 Weeks Ended 52 Weeks Ended May 30, 2026 May 31, 2025 May 30, 2026 May 31, 2025Net sales $552,581 $1,103,658 $2,911,632 $4,261,885 Cost of sales 518,515 572,148 2,239,583 2,411,000 Gross profit 34,066 531,510 672,049 1,850,885 Selling, general and administrative 93,586 94,917 329,291 314,449 (Gain) loss on involuntary conversions (851) — (8,819) 156 (Gain) loss on disposal of fixed assets 142 742 1,391 (259)Operating income (loss) (58,811) 435,851 350,186 1,536,539 Other income, net 12,285 17,348 60,818 66,603 Income (loss) before income taxes (46,526) 453,199 411,004 1,603,142 Income tax expense (benefit) (11,486) 111,069 92,892 384,910 Net income (loss) (35,040) 342,130 318,112 1,218,232 Less: Income (loss) attributable to noncontrolling interest 836 (345) 1,430 (1,816)Net income (loss) attributable to Cal-Maine Foods, Inc. $(35,876) $342,475 $316,682 $1,220,048 Net income (loss) per common share: Basic $(0.76) $7.03 $6.65 $25.04 Diluted $(0.76) $7.01 $6.63 $24.95 Weighted average shares outstanding: Basic 47,000 48,696 47,650 48,719 Diluted 47,000 48,821 47,781 48,891 CAL-MAINE FOODS, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS
(Unaudited)
(In thousands)SUMMARY BALANCE SHEETS
May 30, 2026
May 31, 2025
ASSETS Cash and short-term investments $924,057 $1,392,100 Receivables, net 264,431 272,361 Inventories, net 375,265 295,670 Prepaid expenses and other current assets 17,789 7,979 Current assets 1,581,542 1,968,110 Property, plant and equipment, net 1,318,335 1,026,684 Other noncurrent assets 207,693 89,825 Total assets $3,107,570 $3,084,619 LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable and accrued expenses $205,516 $194,208 Dividends payable — 114,163 Current liabilities 205,516 308,371 Deferred income taxes and other liabilities 261,522 210,233 Stockholders' equity 2,640,532 2,566,015 Total liabilities and stockholders' equity $3,107,570 $3,084,619 CAL-MAINE FOODS, INC. AND SUBSIDIARIES
FINANCIAL HIGHLIGHTS
(Unaudited)
(In thousands)SUMMARY SEGMENT INCOME
Fourth quarter guidance reflects another quarter of double-digit sales and EPS growth
, /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) today reported results for the fiscal third quarter ended June 26, 2026.
Third Quarter Highlights
TE Connectivity (NYSE: TEL) highlights for the third quarter of fiscal 2026. Net sales were a record $5.16 billion, an increase of 14% on a reported basis and 12% organically year over year, driven by growth in both the Industrial and Transportation segments. GAAP diluted earnings per share (EPS) from continuing operations was $2.55, an increase of 19% year over year. Adjusted EPS was a record $2.94, an increase of 22% year over year. GAAP operating margin was 19%, an increase of 10 basis points year over year. Adjusted operating margin expanded by 90 basis points year over year to 22%, driven by strong operational performance. Record orders in both segments totaling $5.7 billion, an increase of 27% year over year with double-digit order growth in all businesses. Cash flow from operating activities was $1.2 billion for the quarter and $3.0 billion year to date. Free cash flow was $883 million for the quarter and $2.2 billion year to date. Returned $2.0 billion to shareholders year to date. Entered agreement to acquire Astrodyne TDI, expanding TE's power portfolio in the Industrial segment. "Our teams delivered record third quarter results above guidance, with strong growth performance in both segments, as we continued to capitalize on customer demand for our innovative interconnect technologies," said CEO Terrence Curtin. "Our Industrial team delivered sales growth of over 20 percent, while Transportation increased sales by five percent organically by growing content with customers and outperforming end markets. Orders in the third quarter increased by more than $1 billion year over year to $5.7 billion, reinforcing broad growth across the portfolio and increased momentum in AI in both the data center and across the broader energy infrastructure. Our strong margin performance continues to reflect our resiliency while also investing for growth. We also continue to deliver on our cash generation model, with strong capital returns for shareholders.
"We are significantly outperforming our business model outlined during our Investor Day, setting us up for double-digit increases in sales and EPS for fiscal 2026 as well as strong growth and operating momentum as we head towards 2027."
Fourth Quarter FY26 Outlook
For the fourth quarter of fiscal 2026, the company expects sales of approximately $5.25 billion, an increase of 11% year over year on both a reported and organic basis. Adjusted EPS is expected to be approximately $3.05, an increase of 18% year over year. GAAP EPS from continuing operations is expected to be approximately $2.84, an increase of 27% year over year.
Information about TE Connectivity's use of non-GAAP financial measures is provided below. For reconciliations of these non-GAAP financial measures, see the attached tables.
TE Connectivity to Acquire Astrodyne TDI
TE also announced today it has entered into a definitive agreement to acquire Astrodyne TDI, a leading provider of advanced power management and filtering solutions for mission critical industrial applications, from Tinicum L.P. The acquired company is expected to contribute annual sales of more than $250 million and will be reported as part of the Industrial Solutions segment. The transaction, at an approximate purchase price of $1.4 billion, is subject to customary regulatory approvals and closing conditions and is expected to close by the end of this calendar year.
Conference Call and Webcast
The company will hold a conference call for investors today beginning at 8:30 a.m. ET. The conference call may be accessed in the following ways:
At TE Connectivity's website: investors.te.com By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (833) 461-5787 and for international callers, the dial-in number is (585) 542-9983; meeting ID: 628904516. A replay of the conference call will be available on TE Connectivity's investor website at investors.te.com at 11:30 a.m. ET on July 22. About TE Connectivity
TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more. Our more than 90,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Instagram.
Non-GAAP Financial Measures
We present non-GAAP performance and liquidity measures as we believe it is appropriate for investors to consider adjusted financial measures in addition to results in accordance with accounting principles generally accepted in the U.S. ("GAAP"). These non-GAAP financial measures provide supplemental information and should not be considered replacements for results in accordance with GAAP. Management uses non-GAAP financial measures internally for planning and forecasting purposes and in its decision-making processes related to the operations of our company. We believe these measures provide meaningful information to us and investors because they enhance the understanding of our operating performance, ability to generate cash, and the trends of our business. Additionally, we believe that investors benefit from having access to the same financial measures that management uses in evaluating our operations. The primary limitation of these measures is that they exclude the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using these non-GAAP financial measures in combination with the most directly comparable GAAP financial measures in order to better understand the amounts, character, and impact of any increase or decrease in reported amounts. These non-GAAP financial measures may not be comparable to similarly-titled measures reported by other companies.
The following provides additional information regarding our non-GAAP financial measures:
Organic Net Sales Growth (Decline) – represents net sales growth (decline) (the most comparable GAAP financial measure) excluding the impact of foreign currency exchange rates, and acquisitions and divestitures that occurred in the preceding twelve months, if any. Organic Net Sales Growth (Decline) is a useful measure of our performance because it excludes items that are not completely under management's control, such as the impact of changes in foreign currency exchange rates, and items that do not reflect the underlying growth of the company, such as acquisition and divestiture activity. This measure is a significant component in our incentive compensation plans.
Adjusted Operating Income and Adjusted Operating Margin – represent operating income and operating margin, respectively, (the most comparable GAAP financial measures) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, and other income or charges, if any. We utilize these adjusted measures in combination with operating income and operating margin to assess segment level operating performance and to provide insight to management in evaluating segment operating plan execution and market conditions. Adjusted Operating Income is a significant component in our incentive compensation plans.
Adjusted Income Tax (Expense) Benefit and Adjusted Effective Tax Rate – represent income tax (expense) benefit and effective tax rate, respectively, (the most comparable GAAP financial measures) after adjusting for the tax effect of special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any.
Adjusted Income from Continuing Operations – represents income from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects.
Adjusted Earnings Per Share – represents diluted earnings per share from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects. This measure is a significant component in our incentive compensation plans.
Free Cash Flow (FCF) – is a useful measure of our ability to generate cash. The difference between net cash provided by operating activities (the most comparable GAAP financial measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify. We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Free Cash Flow is defined as net cash provided by operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Voluntary pension contributions are excluded from the GAAP financial measure because this activity is driven by economic financing decisions rather than operating activity. Certain special items, including cash paid (collected) pursuant to collateral requirements related to cross-currency swap contracts, are also excluded by management in evaluating Free Cash Flow. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management's and the Board of Directors' discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP financial measure indicates. It should not be inferred that the entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of Free Cash Flow. Forward-Looking Statements
This release contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this release include statements addressing our future financial condition and operating results. Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, the extent, severity and duration of business interruptions negatively affecting our business operations; business, economic, competitive and regulatory risks, such as conditions affecting demand for products in the automotive and other industries we serve; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate, including continuing military conflict in certain parts of the world; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possible effects on us of changes in tax laws, tax treaties and other legislation. More detailed information about these and other factors is set forth in TE Connectivity plc's Annual Report on Form 10-K for the fiscal year ended Sept 26, 2025, as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed by us with the U.S. Securities and Exchange Commission.
TE CONNECTIVITY PLC
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
For the Quarters Ended
For the Nine Months Ended
June 26,
June 27,
June 26,
June 27,
2026
2025
2026
2025
(in millions, except per share data)
Net sales
$
5,160
$
4,534
$
14,573
$
12,513
Cost of sales
3,325
2,934
9,254
8,094
Gross margin
1,835
1,600
5,319
4,419
Selling, general, and administrative expenses
532
491
1,606
1,372
Research, development, and engineering expenses
230
211
692
602
Acquisition and integration costs
9
27
20
41
Restructuring and other charges, net
83
14
103
109
Operating income
981
857
2,898
2,295
Interest income
21
17
67
62
Interest expense
(31)
(28)
(93)
(48)
Other income (expense), net
—
—
2
(2)
Income from continuing operations before income taxes
971
846
2,874
2,307
Income tax expense
(223)
(208)
(520)
(1,128)
Income from continuing operations
748
638
2,354
1,179
Loss from discontinued operations, net of income taxes
—
—
(1)
—
Net income
$
748
$
638
$
2,353
$
1,179
Basic earnings per share:
Income from continuing operations
$
2.57
$
2.16
$
8.03
$
3.96
Loss from discontinued operations
—
—
—
—
Net income
2.57
2.16
8.03
3.96
Diluted earnings per share:
Income from continuing operations
$
2.55
$
2.14
$
7.98
$
3.93
Loss from discontinued operations
—
—
—
—
Net income
2.55
2.14
7.98
3.93
Weighted-average number of shares outstanding:
Basic
291
296
293
298
Diluted
293
298
295
300
TE CONNECTIVITY PLC
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
June 26,
September 26,
2026
2025
(in millions, except share data)
Assets
Current assets:
Cash and cash equivalents
$
1,239
$
1,255
Accounts receivable, net of allowance for doubtful accounts of $51 and $44, respectively
3,749
3,403
Inventories
3,027
2,699
Prepaid expenses and other current assets
728
609
Total current assets
8,743
7,966
Property, plant, and equipment, net
4,529
4,312
Goodwill
7,403
7,126
Intangible assets, net
2,081
2,227
Deferred income taxes
2,233
2,507
Other assets
1,081
943
Total assets
$
26,070
$
25,081
Liabilities, redeemable noncontrolling interests, and shareholders' equity
Current liabilities:
Short-term debt
$
102
$
852
Accounts payable
2,409
2,021
Accrued and other current liabilities
2,149
2,247
Total current liabilities
4,660
5,120
Long-term debt
5,530
4,842
Long-term pension and postretirement liabilities
737
767
Deferred income taxes
176
198
Income taxes
320
414
Other liabilities
1,254
1,010
Total liabilities
12,677
12,351
Commitments and contingencies
Redeemable noncontrolling interests
147
145
Shareholders' equity:
Preferred shares, $1.00 par value, 2 shares authorized, none outstanding
—
—
Ordinary class A shares, €1.00 par value, 25,000 shares authorized, none outstanding
—
—
Ordinary shares, $0.01 par value, 1,500,000,000 shares authorized, 296,097,014 and 302,889,075
shares issued, respectively
3
3
Accumulated earnings
14,500
13,932
Ordinary shares held in treasury, at cost, 6,156,342 and 8,330,931 shares, respectively
(1,350)
(1,356)
Accumulated other comprehensive income
93
6
Total shareholders' equity
13,246
12,585
Total liabilities, redeemable noncontrolling interests, and shareholders' equity
$
26,070
$
25,081
TE CONNECTIVITY PLC
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
For the Quarters Ended
For the Nine Months Ended
June 26,
June 27,
June 26,
June 27,
2026
2025
2026
2025
(in millions)
Cash flows from operating activities:
Net income
$
748
$
638
$
2,353
$
1,179
Loss from discontinued operations, net of income taxes
—
—
1
—
Income from continuing operations
748
638
2,354
1,179
Adjustments to reconcile income from continuing operations to net cash
provided by operating activities:
Depreciation and amortization
256
216
758
594
Deferred income taxes
102
71
261
772
Non-cash lease cost
40
37
118
106
Provision for losses on accounts receivable and inventories
12
19
61
62
Share-based compensation expense
38
36
130
105
Other
(26)
26
(51)
60
Changes in assets and liabilities, net of the effects of acquisitions and
divestitures:
Accounts receivable, net
(296)
(220)
(355)
(391)
Inventories
(34)
(167)
(365)
(299)
Prepaid expenses and other current assets
52
(109)
38
31
Accounts payable
256
152
433
298
Accrued and other current liabilities
24
222
(240)
(76)
Income taxes
(10)
117
(94)
172
Other
23
149
(51)
105
Net cash provided by operating activities
1,185
1,187
2,997
2,718
Cash flows from investing activities:
Capital expenditures
(304)
(230)
(832)
(665)
Proceeds from sale of property, plant, and equipment
2
5
6
7
Acquisition of businesses, net of cash acquired
—
(2,307)
(200)
(2,628)
Other
(6)
(5)
(6)
(12)
Net cash used in investing activities
(308)
(2,537)
(1,032)
(3,298)
Cash flows from financing activities:
Net increase (decrease) in commercial paper
—
(1,500)
100
(255)
Proceeds from issuance of debt
—
1,458
750
2,231
Repayment of debt
—
(1)
(851)
(580)
Proceeds from exercise of share options
15
42
79
101
Repurchase of ordinary shares
(529)
(301)
(1,348)
(910)
Payment of ordinary share dividends to shareholders
(226)
(212)
(643)
(594)
Other
(9)
(23)
(67)
(56)
Net cash used in financing activities
(749)
(537)
(1,980)
(63)
Effect of currency translation on cash
1
5
(1)
(4)
Net increase (decrease) in cash, cash equivalents, and restricted cash
129
(1,882)
(16)
(647)
Cash, cash equivalents, and restricted cash at beginning of period
1,110
2,554
1,255
1,319
Cash, cash equivalents, and restricted cash at end of period
$
1,239
$
672
$
1,239
$
672
Supplemental cash flow information:
Income taxes paid, net of refunds
$
130
$
20
$
353
$
184
TE CONNECTIVITY PLC
RECONCILIATION OF FREE CASH FLOW (UNAUDITED)
For the Quarters Ended
For the Nine Months Ended
June 26,
June 27,
June 26,
June 27,
2026
2025
2026
2025
(in millions)
Net cash provided by operating activities
$
1,185
$
1,187
$
2,997
$
2,718
Capital expenditures, net
(302)
(225)
(826)
(658)
Free cash flow (1)
$
883
$
962
$
2,171
$
2,060
(1) Free cash flow is a non-GAAP financial measure. See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
SEGMENT DATA (UNAUDITED)
For the Quarters Ended
For the Nine Months Ended
June 26,
June 27,
June 26,
June 27,
2026
2025
2026
2025
($ in millions)
Net Sales
Net Sales
Net Sales
Net Sales
Transportation Solutions
$
2,580
$
2,418
$
7,469
$
6,975
Industrial Solutions
2,580
2,116
7,104
5,538
Total
$
5,160
$
4,534
$
14,573
$
12,513
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Income
Margin
Income
Margin
Income
Margin
Income
Margin
Transportation Solutions
$
444
17.2
%
$
462
19.1
%
$
1,448
19.4
%
$
1,353
19.4
%
Industrial Solutions
537
20.8
395
18.7
1,450
20.4
942
17.0
Total
$
981
19.0
%
$
857
18.9
%
$
2,898
19.9
%
$
2,295
18.3
%
Adjusted
Adjusted
Adjusted
Adjusted
Adjusted
Adjusted
Adjusted
Adjusted
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Income (1)
Margin (1)
Income (1)
Margin (1)
Income (1)
Margin (1)
Income (1)
Margin (1)
Transportation Solutions
$
541
21.0
%
$
486
20.1
%
$
1,586
21.2
%
$
1,476
21.2
%
Industrial Solutions
588
22.8
467
22.1
1,608
22.6
1,107
20.0
Total
$
1,129
21.9
%
$
953
21.0
%
$
3,194
21.9
%
$
2,583
20.6
%
(1) Adjusted operating income and adjusted operating margin are non-GAAP financial measures. See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
RECONCILIATION OF NET SALES GROWTH (DECLINE) (UNAUDITED)
Change in Net Sales for the Quarter Ended June 26, 2026
versus Net Sales for the Quarter Ended June 27, 2025
Net Sales
Organic Net Sales
Growth (Decline)
Growth (Decline) (1)
Translation (2)
Acquisitions
($ in millions)
Transportation Solutions:
Automotive
$
94
5.2
%
$
53
2.9
%
$
41
$
—
Commercial transportation
71
19.6
63
17.8
8
—
Sensors
(3)
(1.3)
(6)
(2.8)
3
—
Total Transportation Solutions
162
6.7
110
4.5
52
—
Industrial Solutions:
Digital data networks
207
34.2
205
34.0
2
—
Automation and connected living
93
16.3
83
14.3
10
—
Aerospace, defense, and marine
45
12.0
43
11.5
2
—
Energy
132
34.4
126
32.7
6
—
Medical
(13)
(7.2)
(13)
(7.2)
—
—
Total Industrial Solutions
464
21.9
444
21.0
20
—
Total
$
626
13.8
%
$
554
12.2
%
$
72
$
—
Change in Net Sales for the Nine Months Ended June 26, 2026
versus Net Sales for the Nine Months Ended June 27, 2025
Net Sales
Organic Net Sales
Growth (Decline)
Growth (Decline) (1)
Translation (2)
Acquisitions
($ in millions)
Transportation Solutions:
Automotive
$
290
5.5
%
$
105
2.0
%
$
185
$
—
Commercial transportation
199
19.7
169
16.9
30
—
Sensors
5
0.7
(18)
(2.7)
23
—
Total Transportation Solutions
494
7.1
256
3.7
238
—
Industrial Solutions:
Digital data networks
733
48.8
715
47.7
18
—
Automation and connected living
230
14.7
180
11.5
49
1
Aerospace, defense, and marine
126
11.6
100
9.2
26
—
Energy
488
55.5
189
21.5
28
271
Medical
(11)
(2.1)
(12)
(2.3)
1
—
Total Industrial Solutions
1,566
28.3
1,172
21.2
122
272
Total
$
2,060
16.5
%
$
1,428
11.4
%
$
360
$
272
(1) Organic net sales growth (decline) is a non-GAAP financial measure. See description of non-GAAP financial measures.
(2) Represents the change in net sales resulting from changes in foreign currency exchange rates.
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES
For the Quarter Ended June 26, 2026
(UNAUDITED)
Adjustments
Acquisition-
Restructuring
Related
and Other
Amortization
Adjusted
U.S. GAAP
Charges (1)
Charges, Net (1)
Expense (1)
(Non-GAAP) (2)
($ in millions, except per share data)
Operating income:
Transportation Solutions
$
444
$
1
$
79
$
17
$
541
Industrial Solutions
537
8
4
39
588
Total
$
981
$
9
$
83
$
56
$
1,129
Operating margin
19.0
%
21.9
%
Income tax expense
$
(223)
$
(2)
$
(22)
$
(11)
$
(258)
Effective tax rate
23.0
%
23.1
%
Income from continuing operations
$
748
$
7
$
61
$
45
$
861
Diluted earnings per share from
continuing operations
$
2.55
$
0.02
$
0.21
$
0.15
$
2.94
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in
effect for each such jurisdiction.
(2) See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES
For the Quarter Ended June 27, 2025
(UNAUDITED)
Adjustments
Acquisition-
Restructuring
Related
and Other
Amortization
Adjusted
U.S. GAAP
Charges (1)
Charges, Net (1)
Expense (1)
(Non-GAAP) (2)
($ in millions, except per share data)
Operating income:
Transportation Solutions
$
462
$
—
$
7
$
17
$
486
Industrial Solutions
395
30
7
35
467
Total
$
857
$
30
$
14
$
52
$
953
Operating margin
18.9
%
21.0
%
Income tax expense
$
(208)
$
(7)
$
1
$
(11)
$
(225)
Effective tax rate
24.6
%
23.9
%
Income from continuing operations
$
638
$
23
$
15
$
41
$
717
Diluted earnings per share from
continuing operations
$
2.14
$
0.08
$
0.05
$
0.14
$
2.41
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in
effect for each such jurisdiction.
(2) See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES
For the Nine Months Ended June 26, 2026
(UNAUDITED)
Adjustments
Acquisition-
Restructuring
Related
and Other
Amortization
Adjusted
U.S. GAAP
Charges (1)
Charges, Net (1)
Expense (1)
Tax Items (2)
(Non-GAAP) (3)
($ in millions, except per share data)
Operating income:
Transportation Solutions
$
1,448
$
1
$
84
$
53
$
—
$
1,586
Industrial Solutions
1,450
22
19
117
—
1,608
Total
$
2,898
$
23
$
103
$
170
$
—
$
3,194
Operating margin
19.9
%
21.9
%
Income tax expense
$
(520)
$
(5)
$
(23)
$
(34)
$
(114)
$
(696)
Effective tax rate
18.1
%
22.0
%
Income from continuing operations
$
2,354
$
18
$
80
$
136
$
(114)
$
2,474
Diluted earnings per share from
continuing operations
$
7.98
$
0.06
$
0.27
$
0.46
$
(0.39)
$
8.39
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for
each such jurisdiction.
(2) Represents a net income tax benefit related primarily to the settlement of prior period tax matters.
(3) See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES
For the Nine Months Ended June 27, 2025
(UNAUDITED)
Adjustments
Acquisition-
Restructuring
Related
and Other
Amortization
Adjusted
U.S. GAAP
Charges (1)
Charges, Net (1)
Expense (1)
Tax Items (2)
(Non-GAAP) (3)
($ in millions, except per share data)
Operating income:
Transportation Solutions
$
1,353
$
—
$
72
$
51
$
—
$
1,476
Industrial Solutions
942
47
37
81
—
1,107
Total
$
2,295
$
47
$
109
$
132
$
—
$
2,583
Operating margin
18.3
%
20.6
%
Income tax expense
$
(1,128)
$
(10)
$
(19)
$
(26)
$
587
$
(596)
Effective tax rate
48.9
%
23.0
%
Income from continuing operations
$
1,179
$
37
$
90
$
106
$
587
$
1,999
Diluted earnings per share from
continuing operations
$
3.93
$
0.12
$
0.30
$
0.35
$
1.96
$
6.66
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for
each such jurisdiction.
(2) Includes income tax expense of $574 million related to a net increase in the valuation allowance for certain deferred tax assets associated with a ten-year tax
credit obtained by a Swiss subsidiary in fiscal 2024 as well as income tax expense of $13 million related to the revaluation of deferred tax assets as a result of a
decrease in the corporate tax rate in a non-U.S. jurisdiction.
(3) See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES
For the Quarter Ended September 26, 2025
(UNAUDITED)
Adjustments
Acquisition-
Restructuring
Related
and Other
Amortization
Adjusted
U.S. GAAP
Charges (1)
Charges, Net (1)
Expense (1)
Tax Items (2)
(Non-GAAP) (3)
($ in millions, except per share data)
Operating income:
Transportation Solutions
$
465
$
—
$
3
$
19
$
—
$
487
Industrial Solutions
451
10
14
39
—
514
Total
$
916
$
10
$
17
$
58
$
—
$
1,001
Operating margin
19.3
%
21.1
%
Income tax expense
$
(233)
$
(2)
$
6
$
(11)
$
31
$
(209)
Effective tax rate
26.0
%
21.3
%
Income from continuing operations
$
664
$
8
$
23
$
47
$
31
$
773
Diluted earnings per share from
continuing operations
$
2.23
$
0.03
$
0.08
$
0.16
$
0.10
$
2.59
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for
each such jurisdiction.
(2) Represents income tax expense of $44 million related to an increase in the valuation allowance for certain U.S. tax loss and credit carryforwards and an income
tax benefit of $13 million related to the revaluation of deferred tax liabilities as a result of a decrease in the corporate tax rate in a non-U.S. jurisdiction.
(3) See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES
For the Year Ended September 26, 2025
(UNAUDITED)
Adjustments
Acquisition-
Restructuring
Related
and Other
Amortization
Adjusted
U.S. GAAP
Charges (1)
Charges, Net (1)
Expense (1)
Tax Items (2)
(Non-GAAP) (3)
($ in millions, except per share data)
Operating income:
Transportation Solutions
$
1,818
$
—
$
75
$
70
$
—
$
1,963
Industrial Solutions
1,393
57
51
120
—
1,621
Total
$
3,211
$
57
$
126
$
190
$
—
$
3,584
Operating margin
18.6
%
20.8
%
Income tax expense
$
(1,361)
$
(12)
$
(13)
$
(37)
$
618
$
(805)
Effective tax rate
42.5
%
22.5
%
Income from continuing operations
$
1,843
$
45
$
113
$
153
$
618
$
2,772
Diluted earnings per share from
continuing operations
$
6.16
$
0.15
$
0.38
$
0.51
$
2.07
$
9.27
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for
each such jurisdiction.
(2) Represents income tax expense of $574 million related to a net increase in the valuation allowance for certain deferred tax assets associated with a ten-year tax
credit obtained by a Swiss subsidiary in fiscal 2024 as well as income tax expense of $44 million related to an increase in the valuation allowance for certain U.S.
tax loss and credit carryforwards.
(3) See description of non-GAAP financial measures.
TE CONNECTIVITY PLC
RECONCILIATION OF FORWARD-LOOKING NON-GAAP FINANCIAL MEASURES
TO FORWARD-LOOKING GAAP FINANCIAL MEASURES
As of July 22, 2026
(UNAUDITED)
Outlook for
Quarter Ending
September 25,
2026
Diluted earnings per share from continuing operations
$
2.84
Acquisition-related charges
0.02
Restructuring and other charges, net
0.04
Amortization expense
0.15
Adjusted diluted earnings per share from continuing operations (1)
$
3.05
Net sales growth
10.6
%
Translation
0.2
(Acquisitions) divestitures, net
—
Organic net sales growth (1)
10.8
%
(1) See description of non-GAAP financial measures.
California Public Employees Retirement System cut its position in shares of Twilio Inc. (NYSE:TWLO – Free Report) by 2.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 260,073 shares of the technology company’s stock after selling 6,001 shares during the period. California Public Employees Retirement System owned about 0.17% of Twilio worth $32,722,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of TWLO. Raleigh Capital Management Inc. acquired a new stake in Twilio during the fourth quarter worth $26,000. SHP Wealth Management acquired a new position in shares of Twilio in the 4th quarter valued at $26,000. Zions Bancorporation National Association UT acquired a new position in shares of Twilio in the 4th quarter valued at $29,000. Aster Capital Management DIFC Ltd bought a new position in shares of Twilio during the 4th quarter worth about $29,000. Finally, Osbon Capital Management LLC bought a new position in shares of Twilio during the 4th quarter worth about $30,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.
Twilio Trading Down 4.3% Shares of Twilio stock opened at $196.32 on Wednesday. Twilio Inc. has a 12-month low of $91.84 and a 12-month high of $238.48. The stock has a market capitalization of $29.80 billion, a P/E ratio of 306.75, a price-to-earnings-growth ratio of 4.08 and a beta of 1.36. The company has a 50-day simple moving average of $202.46 and a 200 day simple moving average of $156.07. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13.
Twilio (NYSE:TWLO – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.23. The firm had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Twilio had a net margin of 1.96% and a return on equity of 4.64%. The company’s quarterly revenue was up 20.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 earnings per share. Twilio has set its Q2 2026 guidance at 2.500-2.600 EPS. Research analysts expect that Twilio Inc. will post 2.79 earnings per share for the current fiscal year.
Insiders Place Their Bets In other news, CEO Khozema Shipchandler sold 14,458 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $210.43, for a total value of $3,042,396.94. Following the completion of the sale, the chief executive officer directly owned 207,203 shares in the company, valued at approximately $43,601,727.29. This trade represents a 6.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Erika Rottenberg sold 2,000 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $199.01, for a total transaction of $398,020.00. Following the transaction, the director owned 30,995 shares in the company, valued at approximately $6,168,314.95. This trade represents a 6.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,803,980 shares of company stock valued at $341,898,467. Company insiders own 0.21% of the company’s stock.
Wall Street Analysts Forecast Growth Several analysts have recently weighed in on the stock. Oppenheimer lifted their target price on shares of Twilio from $200.00 to $235.00 and gave the company an “outperform” rating in a research report on Monday, May 18th. Wells Fargo & Company raised their price target on shares of Twilio from $200.00 to $225.00 and gave the stock an “overweight” rating in a research note on Monday. UBS Group lifted their price objective on Twilio from $180.00 to $200.00 and gave the company a “buy” rating in a report on Friday, May 1st. Mizuho upped their price objective on Twilio from $200.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Needham & Company LLC increased their target price on Twilio from $200.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Four investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $219.23.
View Our Latest Stock Analysis on TWLO
More Twilio News Here are the key news stories impacting Twilio this week:
Positive Sentiment: Analysts turned more constructive on Twilio, with Citizens JMP raising its price target to $250 and Wells Fargo lifting its target to $225, signaling confidence in upside from current levels. Positive Sentiment: Jefferies expects Twilio to post second-quarter revenue and operating income ahead of expectations, suggesting the company could still deliver solid operating momentum when it reports on August 6. Article Title Neutral Sentiment: Investors are watching whether Twilio can keep gross profit growth in the mid-teens in the second half of the year, which has created a “higher bar” heading into earnings and may be limiting short-term enthusiasm. Article Title Neutral Sentiment: Recent coverage highlighted Twilio’s broader AI and cloud-related breakout potential, but the stock has still struggled to break out decisively as traders wait for stronger confirmation. Article Title Negative Sentiment: Twilio has recently fallen despite a market uptick, indicating investors are rotating out of the name ahead of earnings and taking profits after a strong run. Twilio Profile (Free Report)
Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.
The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.
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Fifth Third Bancorp increased its holdings in shares of Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Free Report) by 2,562.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 74,348 shares of the financial services provider’s stock after buying an additional 71,556 shares during the quarter. Fifth Third Bancorp owned 0.08% of Seacoast Banking Corporation of Florida worth $2,252,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd acquired a new position in shares of Seacoast Banking Corporation of Florida in the 4th quarter valued at approximately $26,000. Salomon & Ludwin LLC raised its holdings in Seacoast Banking Corporation of Florida by 59.3% during the 4th quarter. Salomon & Ludwin LLC now owns 956 shares of the financial services provider’s stock worth $31,000 after buying an additional 356 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in Seacoast Banking Corporation of Florida during the 3rd quarter worth approximately $33,000. Advisory Services Network LLC bought a new position in Seacoast Banking Corporation of Florida in the third quarter valued at approximately $45,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Seacoast Banking Corporation of Florida in the fourth quarter valued at approximately $50,000. 81.77% of the stock is owned by institutional investors and hedge funds.
Seacoast Banking Corporation of Florida Stock Up 0.4% SBCF stock opened at $33.65 on Wednesday. Seacoast Banking Corporation of Florida has a twelve month low of $27.22 and a twelve month high of $35.55. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 22.14 and a beta of 0.85. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.33. The business has a 50 day moving average price of $31.58 and a two-hundred day moving average price of $31.89.
Seacoast Banking Corporation of Florida (NASDAQ:SBCF – Get Free Report) last issued its earnings results on Tuesday, April 28th. The financial services provider reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.04. Seacoast Banking Corporation of Florida had a net margin of 14.42% and a return on equity of 8.23%. The business had revenue of $205.10 million for the quarter, compared to the consensus estimate of $205.51 million. During the same period in the previous year, the company earned $0.38 earnings per share. The firm’s revenue for the quarter was up 45.8% on a year-over-year basis. Analysts anticipate that Seacoast Banking Corporation of Florida will post 2.51 EPS for the current fiscal year.
Seacoast Banking Corporation of Florida Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, June 15th. Seacoast Banking Corporation of Florida’s dividend payout ratio (DPR) is 50.00%.
Analyst Ratings Changes A number of equities analysts have issued reports on the company. Weiss Ratings upgraded Seacoast Banking Corporation of Florida from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 30th. Piper Sandler upped their price objective on Seacoast Banking Corporation of Florida from $32.50 to $34.00 and gave the stock a “neutral” rating in a research report on Monday, June 22nd. Finally, Wall Street Zen upgraded Seacoast Banking Corporation of Florida from a “sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $35.00.
Get Our Latest Stock Analysis on Seacoast Banking Corporation of Florida
Insider Transactions at Seacoast Banking Corporation of Florida In other news, EVP James C. Stallings III sold 7,552 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $31.16, for a total transaction of $235,320.32. Following the transaction, the executive vice president directly owned 7,247 shares in the company, valued at $225,816.52. The trade was a 51.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Charles M. Shaffer sold 10,367 shares of Seacoast Banking Corporation of Florida stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $30.88, for a total value of $320,132.96. Following the transaction, the chief executive officer owned 174,113 shares of the company’s stock, valued at $5,376,609.44. The trade was a 5.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,919 shares of company stock worth $942,733 in the last ninety days. Insiders own 1.50% of the company’s stock.
About Seacoast Banking Corporation of Florida (Free Report)
Seacoast Banking Corporation of Florida operates as a bank holding company through its principal subsidiary, Seacoast National Bank. Headquartered in Stuart, Florida, Seacoast National Bank provides a full range of commercial and retail banking services across the coastal region of Florida. Its network of branches serves customers from Martin County through Miami-Dade County, offering deposit accounts, lending solutions, cash management and payment services to individuals, small businesses and middle-market companies.
In addition to traditional banking, Seacoast offers specialized mortgage lending and wealth management services.
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Bank of New York Mellon Corp lowered its holdings in shares of Exelixis, Inc. (NASDAQ:EXEL – Free Report) by 2.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,986,035 shares of the biotechnology company’s stock after selling 57,995 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.78% of Exelixis worth $85,181,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its stake in Exelixis by 62.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 187,154 shares of the biotechnology company’s stock worth $8,224,000 after purchasing an additional 71,987 shares in the last quarter. Stephens Investment Management Group LLC increased its holdings in shares of Exelixis by 1.1% in the fourth quarter. Stephens Investment Management Group LLC now owns 2,539,421 shares of the biotechnology company’s stock worth $111,303,000 after purchasing an additional 28,265 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in shares of Exelixis by 692.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 140,446 shares of the biotechnology company’s stock worth $6,156,000 after buying an additional 122,720 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Exelixis by 72.1% in the fourth quarter. SG Americas Securities LLC now owns 36,288 shares of the biotechnology company’s stock worth $1,591,000 after buying an additional 15,203 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in Exelixis by 18.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,383,820 shares of the biotechnology company’s stock valued at $60,307,000 after purchasing an additional 216,048 shares during the last quarter. Institutional investors own 85.27% of the company’s stock.
Insider Buying and Selling In other news, Director Maria C. Freire sold 20,634 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $46.00, for a total transaction of $949,164.00. Following the transaction, the director directly owned 100,819 shares of the company’s stock, valued at approximately $4,637,674. This represents a 16.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Patrick J. Haley sold 32,110 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $49.81, for a total value of $1,599,399.10. Following the sale, the executive vice president owned 357,638 shares of the company’s stock, valued at approximately $17,813,948.78. This represents a 8.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 219,170 shares of company stock valued at $10,620,641 over the last three months. Corporate insiders own 2.60% of the company’s stock.
Exelixis Stock Performance NASDAQ EXEL opened at $56.12 on Wednesday. Exelixis, Inc. has a one year low of $33.76 and a one year high of $57.57. The company has a market capitalization of $14.11 billion, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 1.60 and a beta of 0.42. The company’s 50-day simple moving average is $52.89 and its two-hundred day simple moving average is $46.97.
Exelixis (NASDAQ:EXEL – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The biotechnology company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.12. The firm had revenue of $610.81 million for the quarter, compared to the consensus estimate of $607.51 million. Exelixis had a net margin of 35.08% and a return on equity of 39.89%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the firm earned $0.55 earnings per share. Equities analysts expect that Exelixis, Inc. will post 3.16 earnings per share for the current fiscal year.
Analyst Ratings Changes Several equities research analysts have recently issued reports on EXEL shares. Stifel Nicolaus raised their target price on shares of Exelixis from $44.00 to $47.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. UBS Group reaffirmed a “buy” rating on shares of Exelixis in a research note on Thursday, July 2nd. Truist Financial boosted their price target on Exelixis from $54.00 to $56.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. Weiss Ratings raised Exelixis from a “buy (b)” rating to a “buy (b+)” rating in a research note on Wednesday, July 8th. Finally, Barclays raised their price objective on Exelixis from $45.00 to $49.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Nine equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $48.80.
Get Our Latest Stock Report on Exelixis
Exelixis Profile (Free Report)
Exelixis, Inc is a biotechnology company specializing in the discovery, development and commercialization of small molecule therapies primarily for the treatment of cancer. Building on a platform that leverages model organism genetics and high-throughput screening, the company focuses its research on kinase inhibitors that modulate critical signaling pathways involved in tumor growth and metastasis. Exelixis’s translational research approach aims to advance novel compounds from early-stage discovery through clinical development and regulatory approval.
The company’s most recognized products include CABOMETYX® (cabozantinib), approved for the treatment of advanced renal cell carcinoma and hepatocellular carcinoma, and COMETRIQ® (cabozantinib) for metastatic medullary thyroid cancer.
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