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.
Featured Articles Five stocks we like better than WillScot 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 WSC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WillScot Holdings Corporation (NASDAQ:WSC – Free Report).
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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.
Featured Stories Five stocks we like better than Seacoast Banking Corporation of Florida 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 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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FARNBOROUGH, England--(BUSINESS WIRE)---- $JOBY--Joby Aviation, Inc. (NYSE: JOBY), a company developing electric air taxis for commercial passenger service, and Virgin Atlantic, a premium long-haul UK airline, today signed a definitive agreement at the Farnborough International Airshow, formalizing the partnership the companies first announced in 2025 to bring Joby's air taxi service to the UK. The agreement converts the partnership announced in 2025 into a binding, multi-year commercial framework, estab.
PennyMac Financial Services (NYSE:PFSI – Get Free Report) will likely be posting its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect PennyMac Financial Services to post earnings of $2.25 per share and revenue of $581.7160 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.
PennyMac Financial Services (NYSE:PFSI – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $2.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.03). PennyMac Financial Services had a return on equity of 10.93% and a net margin of 23.47%.The business had revenue of $544.98 million during the quarter, compared to analyst estimates of $546.17 million. During the same period in the previous year, the business posted $1.42 earnings per share. The firm’s quarterly revenue was up 26.5% on a year-over-year basis. On average, analysts expect PennyMac Financial Services to post $10 EPS for the current fiscal year and $14 EPS for the next fiscal year.
PennyMac Financial Services Trading Up 0.5% NYSE PFSI opened at $84.02 on Wednesday. The company has a market cap of $4.36 billion, a P/E ratio of 8.93, a P/E/G ratio of 0.59 and a beta of 1.44. PennyMac Financial Services has a 12 month low of $77.67 and a 12 month high of $160.36. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.33 and a quick ratio of 0.33. The company has a 50-day moving average of $83.72 and a 200-day moving average of $96.21.
PennyMac Financial Services Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Monday, May 18th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $1.20 dividend on an annualized basis and a yield of 1.4%. PennyMac Financial Services’s dividend payout ratio (DPR) is currently 12.75%.
Insider Buying and Selling at PennyMac Financial Services In other news, CAO Gregory L. Hendry sold 2,943 shares of the stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $81.71, for a total value of $240,472.53. Following the completion of the sale, the chief accounting officer owned 48,968 shares in the company, valued at approximately $4,001,175.28. This trade represents a 5.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Daniel Stanley Perotti sold 2,925 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $87.50, for a total value of $255,937.50. Following the sale, the chief financial officer owned 210,625 shares in the company, valued at approximately $18,429,687.50. The trade was a 1.37% 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 18,045 shares of company stock valued at $1,565,470 over the last three months. 15.80% of the stock is owned by company insiders.
Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in the company. Invesco Ltd. grew its holdings in PennyMac Financial Services by 7.3% during the 4th quarter. Invesco Ltd. now owns 1,569,184 shares of the real estate investment trust’s stock valued at $206,881,000 after purchasing an additional 106,088 shares in the last quarter. Basswood Capital Management L.L.C. lifted its holdings in PennyMac Financial Services by 5.9% in the 2nd quarter. Basswood Capital Management L.L.C. now owns 570,210 shares of the real estate investment trust’s stock worth $56,816,000 after buying an additional 31,743 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in PennyMac Financial Services by 43.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 400,788 shares of the real estate investment trust’s stock worth $39,935,000 after buying an additional 121,382 shares in the last quarter. Two Sigma Investments LP boosted its position in PennyMac Financial Services by 1,148.7% in the 3rd quarter. Two Sigma Investments LP now owns 310,919 shares of the real estate investment trust’s stock valued at $38,517,000 after buying an additional 286,019 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its position in PennyMac Financial Services by 145.1% in the 2nd quarter. Balyasny Asset Management L.P. now owns 286,123 shares of the real estate investment trust’s stock valued at $28,509,000 after buying an additional 169,395 shares during the last quarter. 57.87% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes A number of analysts have recently commented on the company. Barclays downgraded PennyMac Financial Services from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $107.00 to $93.00 in a report on Tuesday, July 7th. Piper Sandler lowered their price target on PennyMac Financial Services from $112.00 to $106.00 and set an “overweight” rating for the company in a research report on Thursday, July 2nd. Zacks Research lowered PennyMac Financial Services from a “hold” rating to a “strong sell” rating in a research note on Friday, May 8th. BTIG Research cut their price objective on PennyMac Financial Services from $150.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, June 16th. Finally, Wall Street Zen upgraded PennyMac Financial Services from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, PennyMac Financial Services currently has a consensus rating of “Hold” and a consensus target price of $114.62.
Read Our Latest Analysis on PennyMac Financial Services
About PennyMac Financial Services (Get Free Report)
PennyMac Financial Services, Inc (NYSE: PFSI) is a leading mortgage banking company based in Westlake Village, California. The firm operates through two primary business segments: Production and Mortgage Servicing Rights (MSR). In its Production segment, PennyMac originates residential mortgage loans through retail, wholesale and correspondent channels, focusing on both purchase and refinance transactions. The MSR segment involves the acquisition and servicing of mortgage loans, whereby the company earns fees for managing loan portfolios on behalf of investors.
Since its founding in 2008, PennyMac has grown through a combination of organic origination and strategic acquisition of servicing rights, positioning itself as one of the largest residential mortgage loan servicers in the United States.
See Also Five stocks we like better than PennyMac Financial Services 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. grew its stake in shares of Werner Enterprises, Inc. (NASDAQ:WERN – Free Report) by 93,053.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 122,031 shares of the transportation company’s stock after acquiring an additional 121,900 shares during the period. Bessemer Group Inc. owned 0.20% of Werner Enterprises worth $3,589,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of WERN. Vanguard Group Inc. boosted its position in Werner Enterprises by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 6,514,200 shares of the transportation company’s stock valued at $195,491,000 after purchasing an additional 90,480 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Werner Enterprises by 0.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,791,148 shares of the transportation company’s stock worth $99,782,000 after purchasing an additional 24,204 shares during the last quarter. Deprince Race & Zollo Inc. increased its position in Werner Enterprises by 11.1% in the 1st quarter. Deprince Race & Zollo Inc. now owns 3,055,017 shares of the transportation company’s stock worth $89,848,000 after purchasing an additional 304,983 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Werner Enterprises by 605.3% during the 4th quarter. Wellington Management Group LLP now owns 2,510,354 shares of the transportation company’s stock worth $75,336,000 after purchasing an additional 2,154,428 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Werner Enterprises by 0.9% during the 4th quarter. State Street Corp now owns 2,490,661 shares of the transportation company’s stock valued at $74,745,000 after buying an additional 22,075 shares during the last quarter. 89.32% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets A number of equities analysts recently commented on the company. Robert W. Baird increased their price objective on Werner Enterprises from $39.00 to $43.00 and gave the stock a “neutral” rating in a report on Wednesday, June 17th. TD Cowen lifted their target price on shares of Werner Enterprises from $36.00 to $43.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Wells Fargo & Company boosted their target price on shares of Werner Enterprises from $39.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Friday, June 5th. Stifel Nicolaus increased their price target on shares of Werner Enterprises from $36.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Finally, The Goldman Sachs Group raised their price target on shares of Werner Enterprises from $43.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.85.
View Our Latest Report on Werner Enterprises
Werner Enterprises Stock Up 2.1% WERN opened at $47.29 on Wednesday. The firm has a market cap of $2.84 billion, a P/E ratio of -315.27, a price-to-earnings-growth ratio of 0.91 and a beta of 1.26. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.43 and a current ratio of 1.46. The business has a 50 day moving average price of $42.21 and a 200 day moving average price of $36.02. Werner Enterprises, Inc. has a twelve month low of $23.06 and a twelve month high of $47.49.
Werner Enterprises (NASDAQ:WERN – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The transportation company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.05. Werner Enterprises had a positive return on equity of 0.66% and a negative net margin of 0.28%.The company had revenue of $730.14 million for the quarter, compared to the consensus estimate of $812.50 million. During the same quarter last year, the company posted ($0.12) earnings per share. The company’s revenue for the quarter was up 13.6% compared to the same quarter last year. Research analysts forecast that Werner Enterprises, Inc. will post 1.02 EPS for the current year.
Werner Enterprises Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. Werner Enterprises’s payout ratio is currently -373.33%.
Werner Enterprises Company Profile (Free Report)
Werner Enterprises, Inc, founded in 1956 by Clarence L. “Chris” Werner, is a leading transportation and logistics provider based in Omaha, Nebraska. The company began as a one‐truck operation and has since grown into one of North America’s largest carriers, offering an array of services to support diverse supply chains.
Werner’s core business activities include full truckload dry van services, dedicated contract carriage, intermodal transport and brokerage solutions. The company also provides value-added services such as warehousing, freight management and fleet maintenance through its network of terminals and service centers.
Read More Five stocks we like better than Werner Enterprises 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 cut its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Free Report) by 2.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,348,564 shares of the transportation company’s stock after selling 37,091 shares during the period. Bank of New York Mellon Corp owned about 0.83% of Knight-Swift Transportation worth $77,650,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in KNX. Integrated Wealth Concepts LLC grew its position in shares of Knight-Swift Transportation by 23.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock valued at $259,000 after purchasing an additional 1,124 shares during the period. Focus Partners Wealth bought a new stake in Knight-Swift Transportation during the 1st quarter worth approximately $451,000. Cetera Investment Advisers increased its stake in Knight-Swift Transportation by 6.9% during the 2nd quarter. Cetera Investment Advisers now owns 13,724 shares of the transportation company’s stock worth $607,000 after purchasing an additional 882 shares in the last quarter. Invesco Ltd. raised its holdings in Knight-Swift Transportation by 57.7% during the 2nd quarter. Invesco Ltd. now owns 1,087,719 shares of the transportation company’s stock worth $48,110,000 after buying an additional 398,116 shares during the period. Finally, First Trust Advisors LP raised its holdings in Knight-Swift Transportation by 54.3% during the 2nd quarter. First Trust Advisors LP now owns 491,702 shares of the transportation company’s stock worth $21,748,000 after buying an additional 172,956 shares during the period. 88.77% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Several research firms have recently weighed in on KNX. Stifel Nicolaus upped their price target on shares of Knight-Swift Transportation from $70.00 to $85.00 and gave the company a “buy” rating in a report on Monday, July 13th. Citizens Jmp initiated coverage on shares of Knight-Swift Transportation in a report on Wednesday, July 15th. They set a “market outperform” rating and a $90.00 price objective on the stock. Barclays boosted their price objective on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. TD Cowen upped their target price on shares of Knight-Swift Transportation from $60.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, The Goldman Sachs Group increased their target price on Knight-Swift Transportation from $65.00 to $86.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Knight-Swift Transportation presently has an average rating of “Buy” and a consensus price target of $80.44.
Read Our Latest Research Report on KNX
Knight-Swift Transportation Price Performance NYSE:KNX opened at $76.73 on Wednesday. Knight-Swift Transportation Holdings Inc. has a 52-week low of $38.63 and a 52-week high of $82.86. The company has a market cap of $12.47 billion, a P/E ratio of 365.42, a P/E/G ratio of 0.84 and a beta of 1.18. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.70 and a current ratio of 0.70. The stock’s 50-day simple moving average is $75.13 and its 200 day simple moving average is $64.61.
Knight-Swift Transportation (NYSE:KNX – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.20). Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.94%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period in the previous year, the company posted $0.28 EPS. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.21 EPS for the current fiscal year.
Knight-Swift Transportation Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 8th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, June 8th. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 380.95%.
Knight-Swift Transportation Company Profile (Free Report)
Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.
The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.
Recommended Stories Five stocks we like better than Knight-Swift Transportation 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 KNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Free Report).
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Bank of New York Mellon Corp boosted its holdings in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR – Free Report) by 0.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 543,468 shares of the bank’s stock after purchasing an additional 3,755 shares during the period. Bank of New York Mellon Corp owned approximately 0.86% of Cullen/Frost Bankers worth $74,499,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of CFR. Advisory Services Network LLC acquired a new stake in shares of Cullen/Frost Bankers during the third quarter worth about $28,000. Covestor Ltd increased its holdings in shares of Cullen/Frost Bankers by 67.6% in the fourth quarter. Covestor Ltd now owns 248 shares of the bank’s stock valued at $31,000 after purchasing an additional 100 shares during the period. Blue Trust Inc. increased its stake in Cullen/Frost Bankers by 252.1% in the 4th quarter. Blue Trust Inc. now owns 257 shares of the bank’s stock valued at $33,000 after buying an additional 184 shares during the period. Matrix Trust Co raised its holdings in Cullen/Frost Bankers by 40.4% during the fourth quarter. Matrix Trust Co now owns 320 shares of the bank’s stock worth $41,000 after purchasing an additional 92 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Cullen/Frost Bankers by 40.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 366 shares of the bank’s stock worth $46,000 after buying an additional 106 shares in the last quarter. 86.90% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling In other Cullen/Frost Bankers news, EVP Carol Jean Severyn sold 837 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $148.29, for a total value of $124,118.73. Following the completion of the transaction, the executive vice president directly owned 12,712 shares in the company, valued at approximately $1,885,062.48. The trade was a 6.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.14% of the company’s stock.
Analyst Ratings Changes CFR has been the subject of several recent analyst reports. Jefferies Financial Group upgraded shares of Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and raised their price objective for the company from $135.00 to $160.00 in a research note on Monday, July 6th. Barclays boosted their price target on Cullen/Frost Bankers from $155.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Cantor Fitzgerald raised their price objective on Cullen/Frost Bankers from $154.00 to $158.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. TD Cowen raised Cullen/Frost Bankers to a “strong-buy” rating in a report on Monday, April 13th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Cullen/Frost Bankers in a research report on Wednesday, July 1st. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $152.42.
View Our Latest Analysis on Cullen/Frost Bankers
Cullen/Frost Bankers Price Performance Shares of NYSE:CFR opened at $162.49 on Wednesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.65 and a current ratio of 0.65. The business’s fifty day moving average price is $147.14 and its two-hundred day moving average price is $141.92. The stock has a market cap of $10.20 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 2.89 and a beta of 0.54. Cullen/Frost Bankers, Inc. has a one year low of $119.00 and a one year high of $163.80.
Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The bank reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.49 by $0.16. The business had revenue of $574.84 million for the quarter, compared to analyst estimates of $587.28 million. Cullen/Frost Bankers had a return on equity of 15.58% and a net margin of 22.86%.During the same quarter last year, the company earned $2.30 earnings per share. On average, analysts forecast that Cullen/Frost Bankers, Inc. will post 10.57 EPS for the current fiscal year.
Cullen/Frost Bankers Increases Dividend The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, May 29th. This is an increase from Cullen/Frost Bankers’s previous quarterly dividend of $1.00. Cullen/Frost Bankers’s dividend payout ratio is presently 40.12%.
Cullen/Frost Bankers Profile (Free Report)
Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.
Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.
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LOS ANGELES, July 22, 2026 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network of owned and operated outpatient imaging centers and digital health solutions, announced today that it will host a conference call to discuss its second quarter 2026 financial results on Monday, August 10, 2026 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time).
Investors are invited to listen to RadNet’s conference call by dialing 844-744-1280. International callers can dial 412-564-6465. There will also be simultaneous and archived webcasts available at https://viavid.webcasts.com/starthere.jsp?ei=1770869&tp_key=f4d7c2481f. An archived replay of the call will also be available and can be accessed by dialing 844-512-2921 from the U.S., or 412-317-6671 for international callers, and using the passcode 10210872.
About RadNet, Inc.
RadNet, Inc. is a leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue. RadNet has a network of owned and operated outpatient imaging centers. RadNet’s markets include Arizona, California, Delaware, Florida, Idaho, Indiana, Maryland, New Jersey, New York, Texas and Virginia. In addition, RadNet provides radiology information technology and artificial intelligence solutions marketed under the DeepHealth brand, teleradiology professional services and other related products and services to customers in the diagnostic imaging industry. Together with contracted radiologists, and inclusive of full-time and per diem employees and technologists, RadNet has a total of over 11,000 employees. For more information, visit http://www.radnet.com.
CONTACTS:
RadNet, Inc.
Mark Stolper
Executive Vice President and Chief Financial Officer
310-445-2800
Bank of New York Mellon Corp reduced its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 645,729 shares of the real estate investment trust’s stock after selling 22,720 shares during the quarter. Bank of New York Mellon Corp owned 0.55% of Mid-America Apartment Communities worth $78,856,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Geneos Wealth Management Inc. bought a new position in shares of Mid-America Apartment Communities in the 1st quarter valued at $426,000. Calamos Wealth Management LLC bought a new position in Mid-America Apartment Communities in the first quarter valued at about $208,000. Calamos Advisors LLC boosted its stake in shares of Mid-America Apartment Communities by 2.9% during the first quarter. Calamos Advisors LLC now owns 59,713 shares of the real estate investment trust’s stock valued at $7,292,000 after purchasing an additional 1,702 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Mid-America Apartment Communities by 194.8% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,238 shares of the real estate investment trust’s stock valued at $640,000 after purchasing an additional 3,461 shares in the last quarter. Finally, Chicago Partners Investment Group LLC grew its holdings in shares of Mid-America Apartment Communities by 92.7% during the first quarter. Chicago Partners Investment Group LLC now owns 8,504 shares of the real estate investment trust’s stock worth $1,059,000 after purchasing an additional 4,092 shares during the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth A number of research firms recently weighed in on MAA. Weiss Ratings upgraded Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Piper Sandler upped their price target on Mid-America Apartment Communities from $140.00 to $143.00 and gave the company a “neutral” rating in a research report on Tuesday. Truist Financial increased their price target on Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Morgan Stanley raised their price objective on Mid-America Apartment Communities from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Finally, UBS Group reduced their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $144.75.
View Our Latest Stock Report on Mid-America Apartment Communities
Mid-America Apartment Communities Trading Down 1.1% Shares of Mid-America Apartment Communities stock opened at $132.24 on Wednesday. The company has a market capitalization of $15.39 billion, a P/E ratio of 40.07 and a beta of 0.74. The stock has a fifty day simple moving average of $134.45 and a 200 day simple moving average of $131.95. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $153.93. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The company had revenue of $553.73 million for the quarter, compared to analysts’ expectations of $555.75 million. During the same period in the previous year, the business posted $2.20 EPS. The business’s revenue for the quarter was up .8% compared to the same quarter last year. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. On average, sell-side analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current fiscal year.
Mid-America Apartment Communities Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a $1.53 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio is presently 185.45%.
Insider Activity In other Mid-America Apartment Communities news, Director Tamara D. Fischer acquired 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average price of $128.55 per share, with a total value of $141,405.00. Following the completion of the purchase, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.60% of the company’s stock.
About Mid-America Apartment Communities (Free Report)
Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.
MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.
Further Reading Five stocks we like better than Mid-America Apartment Communities Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System increased its position in shares of Jones Lang LaSalle Incorporated (NYSE:JLL – Free Report) by 8.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 102,045 shares of the financial services provider’s stock after purchasing an additional 8,153 shares during the quarter. California Public Employees Retirement System owned approximately 0.22% of Jones Lang LaSalle worth $31,054,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JLL. Sunbelt Securities Inc. bought a new position in shares of Jones Lang LaSalle in the third quarter valued at approximately $25,000. International Assets Investment Management LLC purchased a new stake in shares of Jones Lang LaSalle during the fourth quarter valued at approximately $29,000. Activest Wealth Management lifted its holdings in Jones Lang LaSalle by 1,720.0% during the fourth quarter. Activest Wealth Management now owns 91 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 86 shares during the period. Hilton Head Capital Partners LLC purchased a new position in Jones Lang LaSalle in the fourth quarter worth $35,000. Finally, True Wealth Design LLC increased its position in shares of Jones Lang LaSalle by 13,200.0% during the 4th quarter. True Wealth Design LLC now owns 133 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 132 shares during the last quarter. Hedge funds and other institutional investors own 94.80% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on the stock. Zacks Research raised shares of Jones Lang LaSalle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 24th. UBS Group raised their price objective on shares of Jones Lang LaSalle from $425.00 to $445.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Weiss Ratings cut shares of Jones Lang LaSalle from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 28th. Finally, Barclays increased their target price on shares of Jones Lang LaSalle from $348.00 to $366.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $394.00.
Get Our Latest Report on JLL
Insider Activity In related news, Director Larry Quinlan sold 402 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $301.73, for a total transaction of $121,295.46. Following the sale, the director directly owned 4,369 shares in the company, valued at approximately $1,318,258.37. This represents a 8.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.91% of the stock is currently owned by company insiders.
Jones Lang LaSalle Stock Down 0.4% JLL stock opened at $324.55 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.35 and a current ratio of 2.35. The company has a market capitalization of $15.06 billion, a price-to-earnings ratio of 17.45 and a beta of 1.27. Jones Lang LaSalle Incorporated has a fifty-two week low of $253.21 and a fifty-two week high of $363.06. The stock has a fifty day moving average of $305.27 and a 200-day moving average of $317.56.
Jones Lang LaSalle (NYSE:JLL – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.01 by $0.42. The business had revenue of $6.39 billion for the quarter, compared to analysts’ expectations of $6 billion. Jones Lang LaSalle had a return on equity of 13.01% and a net margin of 3.35%.The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.31 EPS. As a group, equities research analysts predict that Jones Lang LaSalle Incorporated will post 22.83 earnings per share for the current year.
About Jones Lang LaSalle (Free Report)
Jones Lang LaSalle Incorporated (NYSE: JLL) is a leading professional services firm specializing in real estate and investment management. The company provides a broad range of services including leasing, advisory, property and asset management, capital markets, project and development services, and valuation. Through its integrated platform, JLL serves corporate occupiers, institutional investors, real estate owners and developers, offering tailored solutions that span the entire real estate lifecycle.
Founded in 1783 in London as Jones Lang Wootton, the firm established a reputation for expertise in property management and brokerage.
Featured Articles Five stocks we like better than Jones Lang LaSalle 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 increased its holdings in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) by 6.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,065,880 shares of the restaurant operator’s stock after purchasing an additional 64,670 shares during the quarter. Bank of New York Mellon Corp owned 0.31% of Restaurant Brands International worth $78,769,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the business. D.A. Davidson & CO. increased its position in shares of Restaurant Brands International by 1.9% during the fourth quarter. D.A. Davidson & CO. now owns 8,451 shares of the restaurant operator’s stock worth $577,000 after purchasing an additional 154 shares in the last quarter. Capital Analysts LLC raised its stake in Restaurant Brands International by 20.6% in the 4th quarter. Capital Analysts LLC now owns 924 shares of the restaurant operator’s stock valued at $63,000 after purchasing an additional 158 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in Restaurant Brands International by 2.0% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 8,029 shares of the restaurant operator’s stock valued at $548,000 after purchasing an additional 161 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Restaurant Brands International by 4.1% in the 1st quarter. Private Advisor Group LLC now owns 4,354 shares of the restaurant operator’s stock valued at $322,000 after purchasing an additional 170 shares in the last quarter. Finally, Applied Finance Capital Management LLC boosted its stake in Restaurant Brands International by 1.9% during the 4th quarter. Applied Finance Capital Management LLC now owns 9,440 shares of the restaurant operator’s stock worth $644,000 after purchasing an additional 179 shares during the last quarter. Hedge funds and other institutional investors own 82.29% of the company’s stock.
Analyst Ratings Changes QSR has been the subject of a number of research reports. Citigroup dropped their target price on shares of Restaurant Brands International from $88.00 to $84.00 and set a “neutral” rating for the company in a report on Thursday, May 7th. Scotiabank upped their price target on Restaurant Brands International from $81.00 to $83.00 and gave the company a “sector perform” rating in a research report on Thursday, May 7th. Guggenheim increased their price target on Restaurant Brands International from $80.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. TD Cowen lifted their price objective on Restaurant Brands International from $79.00 to $80.00 and gave the stock a “hold” rating in a research report on Thursday, July 9th. Finally, Robert W. Baird lifted their price objective on Restaurant Brands International from $72.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Fifteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.
Check Out Our Latest Stock Report on Restaurant Brands International
Restaurant Brands International Price Performance Shares of QSR stock opened at $73.82 on Wednesday. The company has a debt-to-equity ratio of 2.55, a current ratio of 0.99 and a quick ratio of 0.90. The firm’s 50-day moving average is $74.21 and its two-hundred day moving average is $73.17. Restaurant Brands International Inc. has a 12 month low of $61.33 and a 12 month high of $81.96. The company has a market capitalization of $25.78 billion, a PE ratio of 25.99, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50.
Restaurant Brands International (NYSE:QSR – Get Free Report) (TSE:QSR) last posted its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Restaurant Brands International had a net margin of 9.96% and a return on equity of 32.80%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.75 EPS. Analysts predict that Restaurant Brands International Inc. will post 4.04 earnings per share for the current year.
Restaurant Brands International Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $2.60 annualized dividend and a yield of 3.5%. Restaurant Brands International’s dividend payout ratio (DPR) is 91.55%.
Restaurant Brands International Profile (Free Report)
Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.
RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.
Recommended Stories Five stocks we like better than Restaurant Brands International 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 QSR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR).
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California Public Employees Retirement System boosted its stake in Reddit Inc. (NYSE:RDDT – Free Report) by 13.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 247,688 shares of the company’s stock after buying an additional 28,461 shares during the quarter. California Public Employees Retirement System owned approximately 0.13% of Reddit worth $33,351,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. Truist Financial Corp increased its position in shares of Reddit by 67.7% during the 4th quarter. Truist Financial Corp now owns 15,659 shares of the company’s stock worth $3,600,000 after purchasing an additional 6,321 shares in the last quarter. Swiss Life Asset Management Ltd boosted its position in Reddit by 63.2% in the fourth quarter. Swiss Life Asset Management Ltd now owns 32,003 shares of the company’s stock valued at $7,357,000 after buying an additional 12,398 shares in the last quarter. Calamos Advisors LLC acquired a new position in Reddit in the fourth quarter valued at about $2,299,000. Handelsbanken Fonder AB boosted its position in Reddit by 22.9% in the fourth quarter. Handelsbanken Fonder AB now owns 37,000 shares of the company’s stock valued at $8,505,000 after buying an additional 6,900 shares in the last quarter. Finally, Berkshire Capital Holdings Inc. grew its stake in Reddit by 326,400.0% during the fourth quarter. Berkshire Capital Holdings Inc. now owns 32,650 shares of the company’s stock worth $7,505,000 after buying an additional 32,640 shares during the last quarter.
Wall Street Analysts Forecast Growth Several research firms have recently weighed in on RDDT. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price objective on shares of Reddit in a report on Wednesday, June 24th. Loop Capital reissued a “buy” rating and issued a $260.00 target price on shares of Reddit in a report on Thursday, June 4th. Weiss Ratings restated a “hold (c)” rating on shares of Reddit in a research report on Friday, May 8th. Bank of America decreased their price target on Reddit from $205.00 to $175.00 and set a “neutral” rating on the stock in a research report on Thursday, April 2nd. Finally, Zacks Research cut Reddit from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 3rd. Nineteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Reddit presently has an average rating of “Moderate Buy” and a consensus price target of $232.48.
View Our Latest Stock Analysis on Reddit
Insider Activity In related news, CAO Michelle Marie Reynolds sold 808 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $200.00, for a total value of $161,600.00. Following the completion of the sale, the chief accounting officer owned 15,060 shares of the company’s stock, valued at $3,012,000. This trade represents a 5.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Steve Ladd Huffman sold 18,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $173.13, for a total transaction of $3,116,340.00. Following the completion of the transaction, the chief executive officer owned 373,814 shares of the company’s stock, valued at $64,718,417.82. This trade represents a 4.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 169,141 shares of company stock valued at $28,680,845 over the last three months. 28.48% of the stock is owned by insiders.
Reddit Stock Up 2.4% Shares of NYSE:RDDT opened at $185.93 on Wednesday. Reddit Inc. has a 12 month low of $119.27 and a 12 month high of $282.95. The company’s 50-day moving average price is $173.90 and its two-hundred day moving average price is $168.62. The firm has a market cap of $35.79 billion, a P/E ratio of 53.12 and a beta of 1.93.
Reddit (NYSE:RDDT – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.39. Reddit had a net margin of 28.60% and a return on equity of 25.48%. The firm had revenue of $663.41 million during the quarter, compared to analysts’ expectations of $607.74 million. During the same quarter last year, the company posted $0.13 EPS. The company’s quarterly revenue was up 69.1% compared to the same quarter last year. As a group, equities analysts predict that Reddit Inc. will post 4.85 earnings per share for the current fiscal year.
Reddit Company Profile (Free Report)
Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.
Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.
See Also Five stocks we like better than Reddit 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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Avidity Biosciences, Inc. (NASDAQ:RNA – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $30.39 and traded as low as $11.61. Avidity Biosciences shares last traded at $12.29, with a volume of 181,862 shares.
Wall Street Analyst Weigh In Several analysts have recently commented on RNA shares. Weiss Ratings downgraded shares of Avidity Biosciences from a “sell (d-)” rating to a “sell (e-)” rating in a report on Friday, May 22nd. HC Wainwright reissued a “neutral” rating on shares of Avidity Biosciences in a report on Friday, May 1st. Leerink Partners initiated coverage on shares of Avidity Biosciences in a research report on Friday, May 15th. They set an “outperform” rating for the company. Cantor Fitzgerald assumed coverage on shares of Avidity Biosciences in a report on Thursday, June 18th. They issued an “overweight” rating and a $25.00 price target on the stock. Finally, Zacks Research raised Avidity Biosciences to a “hold” rating in a research report on Friday, June 19th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $67.60.
Check Out Our Latest Stock Analysis on RNA
Avidity Biosciences Price Performance The firm has a market cap of $210.23 million, a price-to-earnings ratio of -2.47 and a beta of 0.93. The business has a fifty day simple moving average of $12.73 and a 200 day simple moving average of $30.39.
Avidity Biosciences (NASDAQ:RNA – Get Free Report) last posted its quarterly earnings results on Thursday, May 14th. The biotechnology company reported ($0.97) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.05) by $0.08. The firm had revenue of $19.64 million for the quarter, compared to analyst estimates of $2.00 million. Avidity Biosciences had a negative net margin of 3,650.39% and a negative return on equity of 44.92%. On average, research analysts anticipate that Avidity Biosciences, Inc. will post -2.89 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Avidity Biosciences Several institutional investors have recently bought and sold shares of the company. Versor Investments LP purchased a new stake in shares of Avidity Biosciences during the 4th quarter worth approximately $11,749,000. CIBRA Capital Ltd purchased a new position in shares of Avidity Biosciences during the fourth quarter worth about $3,838,000. Norges Bank acquired a new stake in shares of Avidity Biosciences during the fourth quarter worth about $219,736,000. FNY Investment Advisers LLC increased its position in shares of Avidity Biosciences by 571.1% during the fourth quarter. FNY Investment Advisers LLC now owns 50,976 shares of the biotechnology company’s stock worth $3,676,000 after purchasing an additional 43,380 shares in the last quarter. Finally, P Schoenfeld Asset Management LP purchased a new stake in shares of Avidity Biosciences in the 4th quarter valued at about $6,109,000.
Avidity Biosciences Company Profile (Get Free Report)
Avidity Biosciences is a clinical-stage biotechnology company dedicated to developing antibody-oligonucleotide conjugate (AOC) therapies designed to address serious neuromuscular and cardiac diseases. The company’s proprietary AOC platform combines the targeting specificity of monoclonal antibodies with the gene-modulating power of oligonucleotides to deliver therapeutic agents directly into muscle cells. Headquartered in La Jolla, California, Avidity seeks to overcome traditional delivery challenges associated with RNA-based medicines by leveraging receptor-mediated uptake mechanisms.
The company’s lead product candidate, AOC 1001, is in clinical development for myotonic dystrophy type 1 (DM1) and represents the first application of the AOC platform in a human study.
Further Reading Five stocks we like better than Avidity Biosciences 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 Avidity Biosciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avidity Biosciences and related companies with MarketBeat.com's FREE daily email newsletter.
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Baader Bank Aktiengesellschaft acquired a new position in shares of Imperial Oil Limited (NYSEAMERICAN:IMO – Free Report) (TSE:IMO) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,507 shares of the energy company’s stock, valued at approximately $852,000.
Several other large investors also recently made changes to their positions in IMO. Root Financial Partners LLC lifted its stake in shares of Imperial Oil by 87.8% in the fourth quarter. Root Financial Partners LLC now owns 293 shares of the energy company’s stock valued at $25,000 after buying an additional 137 shares in the last quarter. McMillan Office Inc. acquired a new position in shares of Imperial Oil during the fourth quarter valued at about $26,000. Smartleaf Asset Management LLC increased its position in shares of Imperial Oil by 23.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 531 shares of the energy company’s stock worth $46,000 after acquiring an additional 101 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Imperial Oil by 737.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 511 shares of the energy company’s stock worth $46,000 after acquiring an additional 450 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Imperial Oil in the 3rd quarter worth about $54,000. 20.74% of the stock is currently owned by institutional investors and hedge funds.
Imperial Oil Stock Up 1.2% IMO opened at $124.22 on Wednesday. The company has a 50 day moving average of $121.68 and a 200 day moving average of $118.44. The company has a market cap of $60.07 billion, a PE ratio of 29.30 and a beta of 0.45. Imperial Oil Limited has a 12 month low of $81.71 and a 12 month high of $139.44. The company has a current ratio of 1.23, a quick ratio of 1.02 and a debt-to-equity ratio of 0.17.
Imperial Oil Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Thursday, June 4th were issued a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Thursday, June 4th. Imperial Oil’s dividend payout ratio is currently 38.24%.
Analyst Ratings Changes A number of equities analysts have issued reports on IMO shares. Scotiabank reaffirmed a “sector perform” rating on shares of Imperial Oil in a report on Friday. Imperial Capital reiterated a “sell” rating on shares of Imperial Oil in a report on Tuesday, June 23rd. TD Securities reissued a “sell” rating on shares of Imperial Oil in a research report on Wednesday, May 13th. Zacks Research upgraded shares of Imperial Oil from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 15th. Finally, Desjardins raised shares of Imperial Oil to a “hold” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $116.00.
Get Our Latest Report on Imperial Oil
About Imperial Oil (Free Report)
Imperial Oil (NYSEAMERICAN: IMO) is a Canadian integrated energy company involved in the exploration, production, refining and marketing of petroleum and petrochemical products. Headquartered in Calgary, Alberta, Imperial has operated in Canada for well over a century and is one of the country’s long-standing energy firms. The company is majority-owned by Exxon Mobil Corporation, which provides strategic and technical links to global upstream and downstream capabilities.
Imperial’s operations span upstream activities—exploration and production of crude oil, natural gas and oil-sands resources—and downstream operations including refining, manufacturing of fuels and lubricants, petrochemical products, and retail distribution.
Further Reading Five stocks we like better than Imperial Oil 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. lifted its holdings in shares of Regions Financial Corporation (NYSE:RF – Free Report) by 33.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,938 shares of the bank’s stock after purchasing an additional 18,751 shares during the period. D.A. Davidson & CO.’s holdings in Regions Financial were worth $1,957,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in Regions Financial by 7.2% in the 1st quarter. Empowered Funds LLC now owns 19,152 shares of the bank’s stock valued at $416,000 after purchasing an additional 1,278 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Regions Financial by 40.7% during the first quarter. Woodline Partners LP now owns 76,797 shares of the bank’s stock worth $1,669,000 after buying an additional 22,216 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of Regions Financial by 0.7% during the second quarter. Baird Financial Group Inc. now owns 71,717 shares of the bank’s stock worth $1,687,000 after buying an additional 511 shares in the last quarter. Federated Hermes Inc. raised its position in shares of Regions Financial by 81.2% in the second quarter. Federated Hermes Inc. now owns 11,677 shares of the bank’s stock valued at $275,000 after buying an additional 5,233 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of Regions Financial by 5.0% in the second quarter. Daiwa Securities Group Inc. now owns 141,155 shares of the bank’s stock valued at $3,320,000 after buying an additional 6,690 shares during the last quarter. 79.39% of the stock is currently owned by institutional investors and hedge funds.
Regions Financial Stock Down 0.9% Shares of Regions Financial stock opened at $30.82 on Wednesday. Regions Financial Corporation has a 1-year low of $22.70 and a 1-year high of $32.47. The company has a market capitalization of $26.31 billion, a PE ratio of 12.58, a P/E/G ratio of 1.20 and a beta of 1.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.81 and a quick ratio of 0.81. The business has a 50-day moving average of $29.11 and a 200-day moving average of $28.30.
Regions Financial (NYSE:RF – Get Free Report) last posted its quarterly earnings data on Friday, July 17th. The bank reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.05. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.94 billion. Regions Financial had a net margin of 23.33% and a return on equity of 12.88%. The firm’s revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 EPS. As a group, equities analysts forecast that Regions Financial Corporation will post 2.61 EPS for the current fiscal year.
Regions Financial Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 1st will be given a $0.30 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.20 annualized dividend and a yield of 3.9%. This is a boost from Regions Financial’s previous quarterly dividend of $0.27. Regions Financial’s payout ratio is 43.27%.
Insiders Place Their Bets In related news, EVP Brian R. Willman sold 7,014 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $27.91, for a total value of $195,760.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.34% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets A number of brokerages recently issued reports on RF. Cantor Fitzgerald raised their target price on shares of Regions Financial from $34.00 to $35.00 and gave the stock an “overweight” rating in a research report on Tuesday. Wells Fargo & Company increased their price target on Regions Financial from $28.00 to $30.00 and gave the stock an “underweight” rating in a research note on Monday, July 6th. UBS Group raised their price objective on Regions Financial from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Citigroup lifted their price objective on Regions Financial from $32.00 to $36.00 and gave the company a “buy” rating in a research report on Monday. Finally, Morgan Stanley upped their target price on Regions Financial from $34.00 to $35.00 and gave the company an “equal weight” rating in a research note on Monday, June 29th. Six investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $32.21.
Read Our Latest Analysis on RF
About Regions Financial (Free Report)
Regions Financial Corporation (NYSE: RF) is a U.S. bank holding company headquartered in Birmingham, Alabama, that provides a broad range of banking and financial services. Its primary banking subsidiary, Regions Bank, serves retail and commercial customers through a combination of branch and ATM networks, digital channels and relationship-based delivery. The company offers deposit accounts, consumer and commercial loans, mortgage origination and servicing, and payment and treasury services.
In addition to core banking, Regions offers wealth management, trust and brokerage services, insurance solutions, and capital markets capabilities to corporate and institutional clients.
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Po týdnech zvýšené volatility v sektoru umělé inteligence hledají investoři čím dál častěji příležitosti mimo nejpopulárnější technologické tituly. Analytici Goldman Sachs proto sestavili seznam společností, které mohou nabídnout atraktivní růst bez přímé závislosti na AI boomu. Mezi favority zařadili firmy těžící ze silných spotřebitelských výdajů, rozmachu cestovního ruchu, zábavního průmyslu či finančních služeb, ale také kvalitní společnosti, jejichž ocenění podle banky neodpovídá jejich fundamentům.
Goldman Sachs se zaměřil na akcie mimo sektor s umělou inteligencí poté, co s ním týdny zmítá volatilita. „Zatímco mnoho správců fondů si zachovalo býčí fundamentální pohled na komplex AI infrastruktury, nedávná volatilita ztížila držení tohoto názoru,“ napsali analytici Goldman Sachs v čele s Benem Sniderem po pátečním uzavření trhu. „Také naše rozhovory s investory se točily kolem výzvy najít investiční příležitosti, které nejsou spojeny s umělou inteligencí.“
Goldman Sachs se tak zaměřil na alternativní investiční témata, mezi nimiž jsou společnosti vázané na spotřebitelské výdaje a vysoce ziskové společnosti obchodované s výraznými slevami. V tabulce, kterou sestavila CNBC, najdete pět společností z obou těchto skupin:
Sázky na štědré výdaje spotřebitelů
Formula One Group Series, akcie vlastněné společností Liberty Media, odrážejí ekonomický zájem o komerční provoz mistrovství světa Formule 1 FIA. Morgan Stanley začátkem tohoto měsíce znovu označila Formuli 1 za nejlepší volbu s cílovou cenou 120 dolarů (což implikuje 21% nárůst oproti pondělnímu uzavření). Analytik Sean Differley označil tento sport za „nedostatečně monetizovaný“ a zdůraznil růstové příležitosti v USA a Číně. Podle údajů LSEG ji 11 ze 13 analytiků, kteří se zabývají Formulí 1, hodnotí doporučením nákup nebo silný nákup.
Live Nation se dostal mezi tipy Goldman Sachs, protože poptávka po živých akcích nadále roste. UBS ve zprávě zveřejněné v pondělí zvýšila cílovou cenu pro Live Nation na 208 dolarů, což naznačuje 15% růst. „Očekáváme, že poptávka po živých akcích zůstane celosvětově silná s dvojciferným růstem fanoušků,“ napsal analytik UBS Batya Levi.
U Walt Disney má 36 analytiků ze 40 doporučení „koupit“ s průměrnou cílovou cenou 129 USD, což naznačuje potenciální zhodnocení o 34 %. Příjmy z reklamy by mělo podpořit jak fotbalové mistrovství světa, tak vyšší výdaje na politické kampaně. Pokles příjmů z tradiční televizní distribuce se zmírňuje díky pomalejšímu odlivu předplatitelů placené televize a ziskovost streamovacích platforem se dále zlepšuje. Na druhou stranu investory znepokojuje konsolidace v tomto sektoru i dlouhodobé dopady AI.
Las Vegas Sands doporučuje 15 analytiků z 21 kupovat s průměrnou 12měsíční cílovou cenou 65,4 USD, což naznačuje potenciál růstu o 44 %. Investice společnosti Sands do neherních aktivit v Macau a Singapuru by měly podpořit návratnost vloženého kapitálu. Oživení cestovního ruchu vedlo k růstu návštěvnosti i příjmů z masového a VIP segmentu. A rozhodnutí Sands upřednostnit návrat kapitálu akcionářům namísto snahy o získání licence v New Yorku se projevilo navýšením programu zpětného odkupu akcií o 1,3 miliardy dolarů a zvýšením dividendy o 20 %.
U hotelového řetězce Marriott International v pátek Morgan Stanley zvýšila cenový cíl z 353 dolarů na 380 dolarů, což oproti pondělnímu uzavření obchodu znamená nárůst o přibližně 4 %. „Společnost Marriott za posledních 10 let transformovala své podnikání, zbavila se vlastněných nemovitostí, odkoupila časově sdílená aktiva a změnila manažerské smlouvy tak, aby byly variabilnější,“ napsal analytik Morgan Stanley Stephen Grambling. „Domníváme se, že tyto změny dramaticky snižují cykličnost, což by mělo vést k dalšímu přehodnocení ratingu.“
Zlevněné hvězdy
Výrobce zařízení pro sledování hladiny cukru v krvi Dexcom vstupuje do výsledkové sezony s potenciálem pozitivního překvapení, domnívá se Bloomberg. Silná adopce senzoru G7 15 Day, růst dodávek a možné získávání podílu na trhu vytvářejí prostor pro překonání odhadů i případné zvýšení výhledu. Z 27 analytiků, kteří akcii pokrývají, jich má 24 nákupní doporučení. Průměrná cílová cena 86 USD naznačuje růst o 15 %.
Akcie MSCI nabízejí podle Goldmanů silný růst zisků, když jejich návratnost v poslední době zaostávala a nyní se obchodují „s velkou slevou“. Jefferies ji začala sledovat s doporučením nákup a stanovila u ní cenový cíl 760 dolarů, což znamená téměř 22% růst oproti pondělnímu uzavření. Analytik Surinder Thind uvedl, že tento globální poskytovatel indexů je obzvláště atraktivní díky „silné konkurenční výhodě, rozšiřování klientské základny, rostoucí expozici na soukromé trhy, viditelně opakujícím se výnosům a omezenému riziku narušení umělé inteligence“.
U Visy má 48 analytiků, kteří tuto platební společnost pokrývá, 46 nákupní doporučení, přičemž průměrná cílová cena se pohybuje o 14 % nad současnou tržní cenou. Rozdělení platebního ekosystému Visy na samostatné služby by jí mohlo zvýšit výnosy na více než 15,4 miliardy dolarů do roku 2027 oproti 10,8 miliardám dolarů v roce 2025. Tyto služby by tak tvořily přibližně 31 % celkových tržeb společnosti. Přestože tato strategie může působit riskantně, mohla by tím rozšířit své postavení napříč alternativními platebními řešeními, jako jsou digitální peněženky, domácí platební schémata nebo převody z účtu na účet.
Stavební společnost Sterling Infrastructures pokrývá jen 8 analytiků, zato všichni u ní mají nákupní doporučení s průměrnou cílovou cenou 953 USD, což naznačuje růst o 37 %. Firma má ale zároveň velmi silnou divizi E-Infrastructure Solutions, která se zaměřuje na specializovanou infrastrukturní výstavbu pro kritická odvětví a která by si mohla zapsat raketový růst díky boomu AI infrastruktury. I přes pokles v posledních týdnech si tato akcie za letošní rok připsala již 118% růst. Hlavním omezením dalšího růstu nebudou zakázky ani poptávka, ale výrobní a realizační kapacity společnosti. Společnost zakončila první čtvrtletí roku 2026 s čistou hotovostí 224 milionů USD a nadále stabilně generuje silný cash flow.
Booking sleduje 41 analytiků, přičemž 39 z nich ho doporučuje nakupovat s průměrnou cílovou cenou 221 USD, která by mohla vynést dalších 24 %. Poptávka po cestování zůstává navzdory ekonomickým a geopolitickým výkyvům velmi odolná. Zároveň firma intenzivně investuje do AI, kterou chce využít při plánování cest, personalizaci nabídek i zákaznické podpoře, aby si udržela konkurenceschopnost v rychle se měnícím prostředí cestovního ruchu.
Americká finanční společnost Capital One, která se po loňské akvizici společnosti Discover Financial Services stala jedním z největších vydavatelů kreditních karet v USA, včera po uzavření trhu oznámila své výsledky za druhý kvartál roku 2026. Očištěný zisk na akcii i výnosy překonaly očekávání analytiků, a to zejména díky výraznému meziročnímu poklesu nákladů na riziko a silné kreditní výkonnosti. Ve výsledcích se poprvé plně promítla dubnová akvizice fintechu Brex.
Výsledky společnosti Capital One Financial (COF) za 2Q 2026 2Q 2026 Konsensus 2Q 2026 2Q 2025 Čisté výnosy (mld. USD) 15,85 15,76 12,49 Čistý zisk (mld. USD) 3,02 -- -4,34 Očištěný zisk na akcii (EPS, USD/akcie) 5,81 4,68 5,48 Výsledky za 2Q Čisté výnosy vzrostly mezikvartálně o 4 % na 15,85 mld. USD. V meziročním srovnání zaznamenaly růst o 27 %.
Čisté úrokové výnosy meziročně vzrostly o 24 % a mezikvartálně o 2 % na 12,37 mld. USD, a to především díky plnému promítnutí akvizice Discover. Konsensus činil 12,46 mld. USD. Neúrokové výnosy zaznamenaly meziroční růst o 39 % na 3,48 mld. USD (mezikvartálně +13 %). Očekávalo se 3,27 mld. USD.
Čistá úroková marže mezikvartálně vzrostla o 14 bazických bodů na 8,01 %, meziročně pak o 39 bazických bodů. Růst byl tažen vyšším počtem dní v kvartálu, nižší sazbou placenou na retailových vkladech a nižšími průměrnými hotovostními zůstatky. Tržní konsensus přitom činil 8,05 %.
Náklady na riziko meziročně poklesly o 74 % na 2,99 mld. USD. Trh odhadoval 3,99 mld. USD.
Neúrokové náklady zaznamenaly mezikvartální růst o 7 % na 9,04 mld. USD (meziročně o 29 % výše). Očekávalo se 8,67 mld. USD. Náklady na marketing vzrostly meziročně o 23 % na 1,66 mld. USD při očekávání 1,7 mld. USD.
Celkové vklady ke konci kvartálu mezikvartálně poklesly o 1 % na 484,3 mld. USD, zatímco průměrné vklady vzrostly o 1 % na 486,8 mld. USD.
Delikvence kreditních karet (30+ dní) dosáhla 3,39 %, tedy mezikvartálně o 31 bazických bodů a meziročně o 21 bazických bodů méně.
Akvizice společnosti Brex Ve výsledcích se poprvé v plném rozsahu promítla akvizice fintechu Brex zaměřeného na správu firemních výdajů a účetnictví, kterou Capital One dokončil 7. dubna 2026. Konečná pořizovací cena dosáhla 4,52 mld. USD, a to zhruba z 2,63 mld. USD v hotovosti a 1,89 mld. USD v akciích. Z transakce vznikl goodwill ve výši 3,07 mld. USD. Náklady na integraci Brexu činily v kvartálu 96 mil. USD před zdaněním (dopad 0,12 USD na akcii).
Komentář CEO „Naše výsledky za druhý kvartál nadále odrážejí solidní růst výnosů a silnou kreditní výkonnost," uvedl zakladatel, předseda představenstva a generální ředitel Richard D. Fairbank. „Jsme nyní 14 měsíců od zahájení integrace společnosti Discover a integrace probíhá dobře," dodal Fairbank.
Vývoj akcie Akcie společnosti Capital One Financial (COF) v předburzovní fázi obchodování posilují o 0,55 % na 207,35 USD.
Akcie Capital One Financial (COF) před výsledky na 206,22 USD Ukazatel Ukazatel Kapitalizace (mld. USD) 128,3 P/E 11,0 Vývoj za letošní rok (%) -14,9 Očekávané P/E 10,4 52týdenní minimum (USD) 174,2 Prům. cílová cena (USD) 256,0 52týdenní maximum (USD) 259,6 Dividendový výnos (%) 1,5 Zdroj: Capital One Financial, Bloomberg
Bank of New York Mellon Corp cut its holdings in shares of Brookfield Corporation (NYSE:BN – Free Report) by 3.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,881,916 shares of the company’s stock after selling 70,729 shares during the quarter. Bank of New York Mellon Corp owned about 0.08% of Brookfield worth $76,161,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Partners Value Investments L.P. lifted its position in shares of Brookfield by 50.0% in the 4th quarter. Partners Value Investments L.P. now owns 181,405,955 shares of the company’s stock worth $8,324,719,000 after acquiring an additional 60,468,651 shares during the period. Dodge & Cox acquired a new position in shares of Brookfield in the fourth quarter valued at $1,894,354,000. Royal Bank of Canada raised its stake in shares of Brookfield by 40.5% in the fourth quarter. Royal Bank of Canada now owns 113,652,306 shares of the company’s stock valued at $5,215,504,000 after purchasing an additional 32,760,558 shares in the last quarter. Vanguard Group Inc. lifted its position in Brookfield by 52.1% in the fourth quarter. Vanguard Group Inc. now owns 92,103,120 shares of the company’s stock worth $4,228,915,000 after purchasing an additional 31,543,313 shares during the period. Finally, Capital World Investors lifted its position in Brookfield by 45.0% in the fourth quarter. Capital World Investors now owns 99,069,016 shares of the company’s stock worth $4,546,443,000 after purchasing an additional 30,755,354 shares during the period. 61.60% of the stock is owned by institutional investors.
Analyst Ratings Changes A number of equities analysts have recently issued reports on BN shares. TD Securities restated a “buy” rating and issued a $60.00 price objective on shares of Brookfield in a research note on Tuesday, May 19th. Royal Bank Of Canada decreased their target price on shares of Brookfield from $63.00 to $61.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. National Bank Financial upped their target price on shares of Brookfield from $58.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Scotiabank reissued an “outperform” rating and issued a $53.00 price target (up from $48.50) on shares of Brookfield in a research report on Friday, May 15th. Finally, Morgan Stanley set a $59.00 price target on shares of Brookfield and gave the stock an “overweight” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Brookfield presently has an average rating of “Moderate Buy” and an average target price of $56.64.
View Our Latest Stock Report on BN
Brookfield Stock Down 0.5% Shares of NYSE:BN opened at $42.19 on Wednesday. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.32 and a quick ratio of 1.20. The stock has a market cap of $103.40 billion, a price-to-earnings ratio of 82.72 and a beta of 1.54. The company has a 50 day moving average of $44.39 and a 200-day moving average of $44.43. Brookfield Corporation has a one year low of $37.93 and a one year high of $49.56.
Brookfield Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, June 15th. Brookfield’s payout ratio is currently 54.90%.
About Brookfield (Free Report)
Brookfield Corporation (NYSE:BN) is a global alternative asset manager that specializes in real assets. The company invests in and operates businesses across real estate, infrastructure, renewable power and energy, private equity and credit. Its activities span both ownership and active management of physical assets as well as the operation of investment funds and vehicles that provide institutional and retail investors access to long‑lived, cash‑generating assets.
Brookfield’s services include asset management, direct investing, property development and the operation of infrastructure and energy businesses.
Featured Articles Five stocks we like better than Brookfield 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 BN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brookfield Corporation (NYSE:BN – Free Report).
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While artificial intelligence (AI) has been the buzz of Wall Street over the last two years, it's not the only trend responsible for lifting the market's major stock indexes to new heights. Investor hype surrounding quantum computing deserves its fair share of credit.
Investors who had the foresight and luck to invest in pure-play quantum computing leaders IonQ (IONQ +3.71%), Rigetti Computing (RGTI +7.40%), and D-Wave Quantum (QBTS +6.94%) in mid-July 2024 are sitting on potentially life-altering gains. Shares of IonQ have more than quadrupled, while shares of Rigetti and D-Wave have skyrocketed by nearly 1,200% and 1,500%, respectively.
Professional and everyday investors are excited about the real-world applications of quantum computers, which include dramatically accelerating the learning curve for AI-driven large language models.
Image source: Getty Images.
But this next-big-thing technology may not be all that it's cracked up to be -- at least according to the individuals who know IonQ, Rigetti Computing, and D-Wave Quantum best.
Quantum computing stock insiders are sending a clear message Although Wall Street analysts spend their time specializing in sectors, industries, and trends, no one knows IonQ, Rigetti, and D-Wave better than their insiders.
An "insider" is a high-ranking executive, board member, or beneficial owner of at least 10% of a company's outstanding shares who may possess non-public information. Regulators require that insiders report trades in their company's stock (including the exercising of option contracts) via Form 4 no later than two business days after a transaction. This prevents insiders from taking advantage of the system and allows investors a transparent look at what the most in-the-know investors have been up to.
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According to aggregated Form 4 filings over the last five years for the three most prominent quantum computing stocks, insiders have been decisive sellers:
IonQ: $576.5 million in net selling by insiders D-Wave Quantum: $331.3 million in net selling by insiders Rigetti Computing: $80.4 million in net selling by insiders Collectively, insiders at this pure-play trio have sold just over $988 million of their respective companies' stock since mid-July 2021.
The asterisk that can be added to this insider-selling shockwave is that not all selling is inherently bad news. Given that most executives and board members are compensated in stock and/or options, some selling is required to cover federal and/or state tax liability. There are several reasons for insiders to sell, and they aren't all nefarious.
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On the other hand, there's only one reason why insiders buy shares of their own company: the expectation that they'll appreciate. Over the trailing five-year period, insider purchases have been few and far between:
IonQ: $3,349,040 in insider purchases D-Wave: $309,080 in insider purchases Rigetti: $625,000 in insider purchases If insiders aren't buying, there may be a logical reason (or two) why.
For starters, quantum computing stock valuations are otherworldly. No company at the forefront of a next-big-thing technology has ever sustained a price-to-sales (P/S) ratio above 30. Quantum computing pure-play stocks have trailing 12-month P/S ratios ranging from 60 to 459!
Every game-changing technological innovation for the last three decades has also endured a bubble-bursting event early in its expansion. While quantum computing hype is real, broad-based adoption and enterprise optimization are many, many years from becoming a reality.
Bank of New York Mellon Corp lowered its position in shares of TKO Group Holdings, Inc. (NYSE:TKO – Free Report) by 9.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 394,420 shares of the company’s stock after selling 39,040 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.20% of TKO Group worth $79,535,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. CreativeOne Wealth LLC grew its holdings in TKO Group by 2.1% in the 4th quarter. CreativeOne Wealth LLC now owns 2,586 shares of the company’s stock valued at $541,000 after buying an additional 54 shares in the last quarter. Frank Rimerman Advisors LLC raised its holdings in shares of TKO Group by 3.2% during the 4th quarter. Frank Rimerman Advisors LLC now owns 1,783 shares of the company’s stock worth $373,000 after acquiring an additional 56 shares during the period. Stephens Inc. AR raised its holdings in shares of TKO Group by 2.7% during the 4th quarter. Stephens Inc. AR now owns 2,160 shares of the company’s stock worth $451,000 after acquiring an additional 56 shares during the period. Sunbelt Securities Inc. boosted its position in shares of TKO Group by 6.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 950 shares of the company’s stock valued at $192,000 after acquiring an additional 56 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of TKO Group by 29.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 249 shares of the company’s stock valued at $52,000 after acquiring an additional 57 shares during the last quarter. Hedge funds and other institutional investors own 89.79% of the company’s stock.
Insider Activity In related news, insider Mark S. Shapiro acquired 10,807 shares of TKO Group stock in a transaction dated Wednesday, May 13th. The stock was acquired at an average price of $185.05 per share, for a total transaction of $1,999,835.35. Following the transaction, the insider owned 129,207 shares of the company’s stock, valued at $23,909,755.35. This represents a 9.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Nick Khan sold 9,589 shares of the business’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $182.63, for a total transaction of $1,751,239.07. Following the completion of the sale, the director directly owned 72,013 shares of the company’s stock, valued at approximately $13,151,734.19. This trade represents a 11.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have acquired 24,308 shares of company stock valued at $4,499,679 and have sold 28,696 shares valued at $5,511,785. 64.30% of the stock is currently owned by corporate insiders.
TKO Group Stock Performance NYSE TKO opened at $181.81 on Wednesday. The company has a market cap of $35.29 billion, a P/E ratio of 67.84 and a beta of 0.60. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.34 and a quick ratio of 1.34. The stock has a 50-day moving average of $196.27 and a two-hundred day moving average of $198.87. TKO Group Holdings, Inc. has a 1-year low of $152.29 and a 1-year high of $226.94.
TKO Group (NYSE:TKO – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.01. TKO Group had a net margin of 4.47% and a return on equity of 2.49%. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period in the prior year, the business earned $0.69 EPS. The firm’s quarterly revenue was up 25.9% on a year-over-year basis. As a group, analysts anticipate that TKO Group Holdings, Inc. will post 4.94 EPS for the current year.
TKO Group Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, June 15th. This is a positive change from TKO Group’s previous quarterly dividend of $0.78. TKO Group’s dividend payout ratio (DPR) is 117.91%.
Analysts Set New Price Targets TKO has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut their price objective on shares of TKO Group from $225.00 to $222.00 and set an “overweight” rating for the company in a research report on Tuesday. Citizens Jmp began coverage on shares of TKO Group in a report on Monday, March 30th. They issued a “mkt outperform” rating and a $240.00 target price on the stock. Guggenheim dropped their price target on shares of TKO Group from $232.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Wall Street Zen upgraded shares of TKO Group from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Zacks Research raised shares of TKO Group from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Eleven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, TKO Group has an average rating of “Moderate Buy” and an average price target of $233.87.
Check Out Our Latest Stock Report on TKO Group
TKO Group Company Profile (Free Report)
TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.
TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.
See Also Five stocks we like better than TKO 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 TKO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TKO Group Holdings, Inc. (NYSE:TKO – Free Report).
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California Public Employees Retirement System lifted its holdings in shares of Aptiv PLC (NYSE:APTV – Free Report) by 11.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 478,577 shares of the auto parts company’s stock after buying an additional 49,080 shares during the period. California Public Employees Retirement System owned about 0.22% of Aptiv worth $33,232,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the business. Larson Financial Group LLC grew its holdings in Aptiv by 240.0% during the fourth quarter. Larson Financial Group LLC now owns 357 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 252 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Aptiv by 452.3% in the first quarter. Geneos Wealth Management Inc. now owns 486 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 398 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in Aptiv in the fourth quarter valued at $33,000. DV Equities LLC purchased a new stake in shares of Aptiv during the 4th quarter worth $33,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in shares of Aptiv by 60.0% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 480 shares of the auto parts company’s stock worth $37,000 after purchasing an additional 180 shares in the last quarter. 94.21% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Aptiv In other news, EVP Katherine H. Ramundo sold 2,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $78.30, for a total value of $156,600.00. Following the sale, the executive vice president directly owned 163,752 shares in the company, valued at $12,821,781.60. This represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.06% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In A number of equities analysts have recently issued reports on the stock. Piper Sandler cut their price target on shares of Aptiv from $106.00 to $94.00 and set an “overweight” rating for the company in a report on Monday, June 8th. Evercore decreased their price objective on shares of Aptiv from $100.00 to $80.00 and set an “outperform” rating on the stock in a report on Tuesday, May 5th. Robert W. Baird lowered their target price on shares of Aptiv from $105.00 to $74.00 and set an “outperform” rating on the stock in a research report on Thursday, April 2nd. JPMorgan Chase & Co. dropped their target price on shares of Aptiv from $84.00 to $75.00 and set an “overweight” rating for the company in a report on Friday, July 10th. Finally, Wall Street Zen downgraded shares of Aptiv from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Twenty-two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.50.
Get Our Latest Research Report on APTV
Aptiv Trading Up 0.9% NYSE:APTV opened at $57.81 on Wednesday. Aptiv PLC has a 52-week low of $51.68 and a 52-week high of $88.93. The company has a quick ratio of 1.57, a current ratio of 2.11 and a debt-to-equity ratio of 0.98. The stock has a fifty day simple moving average of $61.70 and a 200-day simple moving average of $68.18. The company has a market capitalization of $12.23 billion, a PE ratio of 34.21, a price-to-earnings-growth ratio of 1.07 and a beta of 1.46.
Aptiv (NYSE:APTV – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.09. Aptiv had a net margin of 1.77% and a return on equity of 17.83%. The firm had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $5.03 billion. During the same period in the prior year, the company earned $1.69 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. On average, equities research analysts expect that Aptiv PLC will post 5.93 earnings per share for the current fiscal year.
About Aptiv (Free Report)
Aptiv plc is a global automotive technology company that develops safer, greener and more connected solutions for the mobility industry. The company designs and supplies advanced electrical architectures, electronic systems and software that enable vehicle connectivity, active safety, advanced driver-assistance systems (ADAS) and autonomous driving capabilities. Aptiv’s customers include major automakers and mobility service providers seeking to integrate higher levels of automation, electrification and software-defined features into production vehicles and mobility platforms.
Product and service offerings span vehicle electrical systems and wiring, connectors and harnesses, high-voltage electrification components, power electronics and charging solutions, sensors and compute platforms that support ADAS and autonomous functions, and the software and services required to integrate and manage these systems.
See Also Five stocks we like better than Aptiv 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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« PREVIOUS HEADLINECalifornia Public Employees Retirement System Sells 270,746 Shares of W.R. Berkley Corporation $WRB
California Public Employees Retirement System lowered its position in Smurfit Westrock PLC (NYSE:SW – Free Report) by 2.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 847,401 shares of the company’s stock after selling 23,407 shares during the quarter. California Public Employees Retirement System owned 0.16% of Smurfit Westrock worth $33,769,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Capital Research Global Investors lifted its stake in shares of Smurfit Westrock by 31.2% in the 4th quarter. Capital Research Global Investors now owns 36,127,677 shares of the company’s stock valued at $1,397,057,000 after purchasing an additional 8,596,558 shares in the last quarter. State Street Corp increased its position in Smurfit Westrock by 3.6% during the 4th quarter. State Street Corp now owns 24,652,132 shares of the company’s stock worth $953,311,000 after purchasing an additional 845,218 shares in the last quarter. Orbis Allan Gray Ltd raised its holdings in Smurfit Westrock by 81.9% in the second quarter. Orbis Allan Gray Ltd now owns 18,400,418 shares of the company’s stock valued at $793,978,000 after buying an additional 8,286,205 shares during the period. Geode Capital Management LLC lifted its position in Smurfit Westrock by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 13,795,987 shares of the company’s stock valued at $531,483,000 after buying an additional 155,778 shares in the last quarter. Finally, Norges Bank acquired a new position in Smurfit Westrock during the fourth quarter valued at approximately $495,335,000. Hedge funds and other institutional investors own 83.38% of the company’s stock.
Analysts Set New Price Targets Several equities research analysts have issued reports on SW shares. JPMorgan Chase & Co. boosted their price objective on shares of Smurfit Westrock from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Wells Fargo & Company raised their target price on shares of Smurfit Westrock from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. The Goldman Sachs Group began coverage on shares of Smurfit Westrock in a research report on Tuesday, March 24th. They set a “buy” rating and a $49.00 price target for the company. UBS Group cut their price objective on Smurfit Westrock from $60.00 to $56.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Finally, Barclays reduced their price objective on Smurfit Westrock from $54.00 to $52.00 and set an “overweight” rating on the stock in a research note on Thursday, May 21st. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Smurfit Westrock has an average rating of “Moderate Buy” and a consensus price target of $54.83.
View Our Latest Research Report on Smurfit Westrock
Smurfit Westrock Stock Performance Smurfit Westrock stock opened at $43.06 on Wednesday. Smurfit Westrock PLC has a 12-month low of $32.73 and a 12-month high of $52.65. The company has a market capitalization of $22.59 billion, a price-to-earnings ratio of 59.81, a price-to-earnings-growth ratio of 0.72 and a beta of 0.95. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.44 and a quick ratio of 0.95. The firm’s fifty day moving average price is $42.51 and its 200 day moving average price is $42.48.
Smurfit Westrock (NYSE:SW – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The firm had revenue of $7.71 billion during the quarter, compared to analyst estimates of $7.57 billion. Smurfit Westrock had a return on equity of 4.96% and a net margin of 1.22%.The business’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.74 EPS. On average, research analysts forecast that Smurfit Westrock PLC will post 2.24 EPS for the current fiscal year.
Smurfit Westrock Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were paid a $0.4523 dividend. The ex-dividend date was Friday, May 15th. This represents a $1.81 annualized dividend and a dividend yield of 4.2%. Smurfit Westrock’s payout ratio is 251.39%.
Smurfit Westrock Company Profile (Free Report)
Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland and internationally. The company produces containerboard that it converts into corrugated containers or sells to third parties, as well as produces other types of paper, such as consumer packaging board, sack paper, graphic paper, solid board and graphic board, and other paper-based packaging products, such as consumer packaging, solid board packaging, paper sacks, and other packaging products, including bag-in-box.
Featured Stories Five stocks we like better than Smurfit Westrock 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 lowered its holdings in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 24.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 798,642 shares of the specialty retailer’s stock after selling 253,706 shares during the period. California Public Employees Retirement System owned about 0.15% of Tractor Supply worth $36,178,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Bison Wealth LLC increased its stake in Tractor Supply by 356.1% in the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 5,017 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Tractor Supply by 40.7% during the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after acquiring an additional 13,051 shares in the last quarter. Intech Investment Management LLC increased its position in Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after purchasing an additional 5,542 shares during the last quarter. Sei Investments Co. raised its position in Tractor Supply by 1.2% during the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co raised its holdings in shares of Tractor Supply by 36.0% during the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after purchasing an additional 5,194 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth A number of research analysts recently weighed in on the company. BNP Paribas Exane cut their price objective on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 22nd. UBS Group set a $33.00 price objective on shares of Tractor Supply and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Barclays set a $35.00 target price on Tractor Supply and gave the company an “equal weight” rating in a research note on Monday, July 13th. Stephens cut their price target on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 22nd. Finally, Guggenheim reissued a “buy” rating and set a $50.00 price objective (down from $60.00) on shares of Tractor Supply in a report on Friday, June 5th. Thirteen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $40.88.
Read Our Latest Stock Analysis on TSCO
Tractor Supply Price Performance TSCO opened at $29.64 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The stock has a market capitalization of $15.54 billion, a P/E ratio of 14.53, a price-to-earnings-growth ratio of 6.57 and a beta of 0.46. The company’s 50 day simple moving average is $30.64 and its 200-day simple moving average is $41.60. Tractor Supply Company has a one year low of $28.36 and a one year high of $63.99.
Tractor Supply (NASDAQ:TSCO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the firm earned $0.34 EPS. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. Sell-side analysts anticipate that Tractor Supply Company will post 2.08 earnings per share for the current fiscal year.
Tractor Supply Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.2%. Tractor Supply’s payout ratio is presently 47.06%.
Tractor Supply Company Profile (Free Report)
Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.
Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.
Featured Articles Five stocks we like better than Tractor Supply Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible
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California Public Employees Retirement System trimmed its position in Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Free Report) by 2.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 360,375 shares of the company’s stock after selling 10,414 shares during the quarter. California Public Employees Retirement System owned 0.16% of Liberty Media Corporation – Liberty Formula One Series C worth $30,639,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Principal Securities Inc. boosted its position in shares of Liberty Media Corporation – Liberty Formula One Series C by 2.6% in the fourth quarter. Principal Securities Inc. now owns 4,726 shares of the company’s stock valued at $466,000 after acquiring an additional 118 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Liberty Media Corporation – Liberty Formula One Series C by 26.6% in the fourth quarter. Farther Finance Advisors LLC now owns 571 shares of the company’s stock valued at $56,000 after acquiring an additional 120 shares in the last quarter. Blair William & Co. IL increased its position in Liberty Media Corporation – Liberty Formula One Series C by 2.7% during the fourth quarter. Blair William & Co. IL now owns 5,175 shares of the company’s stock worth $510,000 after acquiring an additional 135 shares during the period. Clearstead Advisors LLC increased its position in Liberty Media Corporation – Liberty Formula One Series C by 1.4% during the fourth quarter. Clearstead Advisors LLC now owns 10,312 shares of the company’s stock worth $1,016,000 after acquiring an additional 141 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in Liberty Media Corporation – Liberty Formula One Series C by 0.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,832 shares of the company’s stock worth $3,234,000 after acquiring an additional 149 shares during the period. Institutional investors own 92.26% of the company’s stock.
Liberty Media Corporation – Liberty Formula One Series C Stock Performance Shares of NASDAQ FWONK opened at $97.92 on Wednesday. Liberty Media Corporation – Liberty Formula One Series C has a 52 week low of $80.15 and a 52 week high of $109.36. The stock has a market capitalization of $21.94 billion, a P/E ratio of 44.92 and a beta of 0.44. The stock’s fifty day moving average is $92.60 and its 200 day moving average is $89.59.
Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The company had revenue of $711.00 million during the quarter, compared to analyst estimates of $683.42 million. Equities research analysts forecast that Liberty Media Corporation – Liberty Formula One Series C will post 1.91 earnings per share for the current year.
Insider Activity In other news, insider Renee L. Wilm sold 11,597 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $90.09, for a total value of $1,044,773.73. Following the completion of the transaction, the insider directly owned 15,590 shares in the company, valued at approximately $1,404,503.10. The trade was a 42.66% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Chase Carey sold 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $90.28, for a total transaction of $9,028,000.00. Following the completion of the transaction, the director owned 94,356 shares of the company’s stock, valued at $8,518,459.68. The trade was a 51.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.
Analyst Ratings Changes A number of analysts have issued reports on FWONK shares. Wall Street Zen raised shares of Liberty Media Corporation – Liberty Formula One Series C from a “sell” rating to a “hold” rating in a report on Saturday, June 6th. JPMorgan Chase & Co. increased their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $111.00 to $124.00 and gave the stock an “overweight” rating in a research report on Tuesday. Wells Fargo & Company raised their target price on shares of Liberty Media Corporation – Liberty Formula One Series C from $89.00 to $97.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Weiss Ratings upgraded shares of Liberty Media Corporation – Liberty Formula One Series C from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Finally, Bank of America boosted their price target on Liberty Media Corporation – Liberty Formula One Series C from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, July 6th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.20.
Get Our Latest Stock Analysis on FWONK
About Liberty Media Corporation – Liberty Formula One Series C (Free Report)
Liberty Media Corporation – Liberty Formula One Series C (NASDAQ: FWONK) is a tracking stock that represents Liberty Media’s economic interest in the Formula One Group, the commercial operator of the FIA Formula One World Championship. Liberty Media is a diversified media and entertainment company that owns and manages a portfolio of media, communications and entertainment businesses. The Formula One Group conducts the commercial activities of one of the world’s largest motor sports properties, packaging live races, media rights, sponsorships, licensing and related consumer products around a global sporting calendar.
The Formula One business comprises the sale and distribution of broadcast and digital media rights, race promotion and event management, sponsorship and brand partnerships, merchandising and licensing, and direct-to-consumer digital products and services.
Read More Five stocks we like better than Liberty Media Corporation – Liberty Formula One Series C 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 acquired a new position in shares of Seagate Technology Holdings PLC (NASDAQ:STX – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 32,687 shares of the data storage provider’s stock, valued at approximately $12,805,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in STX. State Street Corp raised its position in shares of Seagate Technology by 1.0% during the 4th quarter. State Street Corp now owns 9,370,805 shares of the data storage provider’s stock worth $2,587,535,000 after buying an additional 94,527 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Seagate Technology by 5.1% in the fourth quarter. Morgan Stanley now owns 5,317,516 shares of the data storage provider’s stock valued at $1,464,391,000 after acquiring an additional 258,151 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Seagate Technology by 5.0% in the fourth quarter. Geode Capital Management LLC now owns 4,896,815 shares of the data storage provider’s stock valued at $1,343,683,000 after acquiring an additional 234,436 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Seagate Technology by 8.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,193,063 shares of the data storage provider’s stock valued at $879,338,000 after acquiring an additional 243,551 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Seagate Technology by 1,510.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,008,516 shares of the data storage provider’s stock valued at $553,125,000 after acquiring an additional 1,883,769 shares during the period. 92.87% of the stock is owned by institutional investors.
Seagate Technology Stock Performance Shares of STX opened at $891.83 on Wednesday. Seagate Technology Holdings PLC has a one year low of $138.30 and a one year high of $1,145.00. The company has a 50-day moving average of $888.04 and a two-hundred day moving average of $599.64. The stock has a market cap of $199.98 billion, a price-to-earnings ratio of 84.61 and a beta of 2.04. The company has a debt-to-equity ratio of 3.16, a current ratio of 1.33 and a quick ratio of 0.85.
Seagate Technology (NASDAQ:STX – Get Free Report) last announced its earnings results on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.51 by $0.59. The company had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $2.96 billion. Seagate Technology had a net margin of 21.60% and a return on equity of 1,005.65%. The company’s revenue was up 44.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.90 EPS. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. On average, equities research analysts expect that Seagate Technology Holdings PLC will post 14.14 earnings per share for the current year.
Seagate Technology Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, June 24th were issued a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, June 24th. Seagate Technology’s dividend payout ratio (DPR) is currently 28.08%.
Insider Transactions at Seagate Technology In other news, EVP John Christopher Morris sold 1,364 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $880.19, for a total transaction of $1,200,579.16. Following the completion of the sale, the executive vice president directly owned 12,088 shares of the company’s stock, valued at $10,639,736.72. This trade represents a 10.14% decrease in their position. The transaction was disclosed in a document filed 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, CFO Gianluca Romano sold 903 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $880.19, for a total transaction of $794,811.57. Following the completion of the sale, the chief financial officer owned 42,860 shares of the company’s stock, valued at $37,724,943.40. This represents a 2.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 151,069 shares of company stock valued at $126,191,753 in the last three months. 0.79% of the stock is currently owned by insiders.
Key Seagate Technology News Here are the key news stories impacting Seagate Technology this week:
Positive Sentiment: Analysts say Seagate has the right mix of factors for a likely earnings beat in its next report, with expectations for earnings growth ahead of results. Seagate (STX) Earnings Expected to Grow: Should You Buy? Positive Sentiment: Seagate was included in a Zacks analyst roundup alongside names tied to strong results, AI demand, and improving growth outlooks, reinforcing bullish sentiment. The Zacks Analyst Blog Highlights Johnson & Johnson, Lam Research, Seagate, KVH Industries and Dawson Geophysical Positive Sentiment: Broker commentary and market coverage continue to cite Seagate as a beneficiary of AI infrastructure and memory-related demand trends, which has supported the stock’s recent strength. Banking giant names 7 stocks to buy after memory equities sell-off Neutral Sentiment: Jim Cramer suggested trimming Seagate after its strong comeback ahead of July 28 earnings, which may reflect caution about short-term gains despite the constructive longer-term backdrop. Jim Cramer suggests trimming Seagate position after strong comeback ahead of July 28 earnings Analyst Ratings Changes A number of equities research analysts have weighed in on the company. Wedbush upped their target price on Seagate Technology from $700.00 to $825.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. lifted their price target on Seagate Technology from $775.00 to $920.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Barclays boosted their price objective on Seagate Technology from $750.00 to $1,000.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 27th. Cantor Fitzgerald raised their target price on Seagate Technology from $1,000.00 to $1,300.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Finally, Susquehanna lifted their target price on Seagate Technology from $615.00 to $775.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Twenty-two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $898.52.
Get Our Latest Research Report on STX
Seagate Technology Company Profile (Free Report)
Seagate Technology (NASDAQ: STX) is a global data storage company that designs, manufactures and sells a broad range of storage products and systems. The firm’s product portfolio includes traditional hard disk drives (HDDs), solid-state drives (SSDs), hybrid storage devices and integrated storage systems aimed at enterprise, cloud, OEM and consumer markets. Seagate also provides services that support its hardware offerings, including data recovery and storage management solutions.
Seagate’s products are used in a wide array of applications, from large-scale data centers and cloud infrastructure to desktop and portable consumer devices.
Recommended Stories Five stocks we like better than Seagate 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 STX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Seagate Technology Holdings PLC (NASDAQ:STX – Free Report).
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Bank of New York Mellon Corp increased its holdings in FTAI Aviation Ltd. (NASDAQ:FTAI – Free Report) by 27.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 361,230 shares of the financial services provider’s stock after buying an additional 78,152 shares during the quarter. Bank of New York Mellon Corp owned 0.35% of FTAI Aviation worth $88,501,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund raised its position in FTAI Aviation by 12.7% in the first quarter. Illinois Municipal Retirement Fund now owns 12,833 shares of the financial services provider’s stock worth $3,144,000 after acquiring an additional 1,446 shares during the period. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of FTAI Aviation during the 1st quarter valued at $964,000. AMG National Trust Bank bought a new stake in shares of FTAI Aviation during the 1st quarter valued at $2,200,000. J. Safra Sarasin Holding AG purchased a new stake in shares of FTAI Aviation in the 1st quarter worth $295,000. Finally, Diversify Wealth Management LLC purchased a new stake in shares of FTAI Aviation in the 1st quarter worth $3,109,000. 88.96% of the stock is currently owned by institutional investors.
Insider Activity at FTAI Aviation In related news, Director Judith A. Hannaway sold 255 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $253.89, for a total transaction of $64,741.95. Following the completion of the transaction, the director directly owned 3,012 shares of the company’s stock, valued at approximately $764,716.68. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Martin Tuchman sold 67,500 shares of FTAI Aviation stock in a transaction on Monday, May 4th. The shares were sold at an average price of $241.99, for a total transaction of $16,334,325.00. Following the completion of the sale, the director owned 210,491 shares in the company, valued at approximately $50,936,717.09. This represents a 24.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 254,515 shares of company stock worth $61,599,445. Company insiders own 1.35% of the company’s stock.
Analyst Ratings Changes Several equities analysts recently weighed in on FTAI shares. Morgan Stanley reiterated an “overweight” rating and set a $319.00 target price on shares of FTAI Aviation in a research report on Friday, May 8th. Weiss Ratings raised FTAI Aviation from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Jefferies Financial Group reiterated a “buy” rating and set a $400.00 price objective on shares of FTAI Aviation in a research note on Sunday, May 3rd. Zacks Research lowered shares of FTAI Aviation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Finally, Citizens Jmp initiated coverage on shares of FTAI Aviation in a report on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price for the company. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $333.12.
Check Out Our Latest Analysis on FTAI
FTAI Aviation Price Performance Shares of FTAI Aviation stock opened at $210.25 on Wednesday. The company has a market capitalization of $21.57 billion, a price-to-earnings ratio of 41.72, a PEG ratio of 0.80 and a beta of 1.46. The company has a quick ratio of 2.48, a current ratio of 5.24 and a debt-to-equity ratio of 8.00. The stock’s 50-day simple moving average is $244.27 and its 200-day simple moving average is $254.51. FTAI Aviation Ltd. has a 52 week low of $109.90 and a 52 week high of $323.51.
FTAI Aviation (NASDAQ:FTAI – Get Free Report) last released its earnings results on Wednesday, April 29th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.61 by ($0.32). FTAI Aviation had a return on equity of 181.43% and a net margin of 18.92%.The business had revenue of $830.70 million for the quarter. During the same period in the prior year, the company earned $0.87 EPS. The company’s quarterly revenue was up 65.4% compared to the same quarter last year. As a group, analysts expect that FTAI Aviation Ltd. will post 6.77 earnings per share for the current fiscal year.
FTAI Aviation Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Wednesday, May 13th were given a dividend of $0.45 per share. The ex-dividend date was Wednesday, May 13th. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. FTAI Aviation’s dividend payout ratio (DPR) is presently 31.75%.
FTAI Aviation Profile (Free Report)
FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.
In addition to lease origination, FTAI Aviation offers end-to-end asset management services.
Further Reading Five stocks we like better than FTAI Aviation 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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Space Exploration Technologies (SPCX +3.19%) has many investors dreaming of fantastic gains -- with their investments even potentially turning them into millionaires. Why such excitement? SpaceX has set out game-changing goals such as developing data centers in orbit and colonizing Mars, and if the company achieves them, the awards could be significant. And at the driver's seat sits founder Elon Musk, known for his ambitious nature and focus on innovation.
This package has stirred up excitement in the investment community and led to retail and professional investors rushing to get in on the stock. The IPO, the world's biggest as it raised more than $85 billion, was oversubscribed, and investors didn't hesitate to hit the buy button in the first few days of trading, too. SpaceX stock soared 67% from its IPO price to a peak of $225 on June 16.
In recent days, though, investors have grown more hesitant, and the stock has fallen below its IPO price. Could $10,000 invested in SpaceX, now trading at a low, make you a millionaire? Let's find out.
Image source: Getty Images.
SpaceX's accomplishments so far First, let's talk about the SpaceX business. The company operates three units: space, connectivity, and artificial intelligence (AI). The space business aims to reduce the cost of rocket launches through the use of reusable technology, and it has made significant progress in this area. For example, in 2010, it had already lowered the costs of launches by 85%, according to NASA. SpaceX's next step in reaching its space goals is to launch its fully reusable rocket, Starship, with payloads this year.
In connectivity, SpaceX runs Starlink, a satellite-based internet service. Here, it's grown users from 2.3 million three years ago to 10 million today. As for AI, SpaceX has recently signed a deal to provide compute to Anthropic -- this will result in monthly payments of $1.25 billion to SpaceX through May 2029.
All of this is very positive, but it's important to note that SpaceX must continue to invest enormous amounts of cash to potentially reach its goals. For example, last year the company's capital spending totaled $20 billion, surpassing its revenue of $18 billion and driving it to a $4.9 billion loss. Investors may have focused on the company's big goals prior to the IPO and during the early days of trading, but now and as SpaceX reports earnings in the coming quarters, they may consider these numbers more closely. And if they do, this could continue to weigh on stock performance.
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A trillion-dollar company Now, let's consider our question: Could $10,000 invested in SpaceX today make you a millionaire? This would be very unlikely as the stock would have to advance 10,000%, bringing it to more than $12,000 per share. And considering SpaceX already is a trillion-dollar company, such gains would bring it to nearly impossible levels.
By comparison, stocks that have made enormous gains started at much lower prices and market value levels. An example is Nvidia.
NVDA data by YCharts
SpaceX, however, right out of the gate, was already a trillion-dollar company, making it more difficult to imagine the stock propelling an investor to the millionaire mark.
All of this means it's unlikely that SpaceX, alone, will make you a millionaire, unless you invest an enormous amount in the stock -- a move that would be highly risky. But could SpaceX still boost your portfolio? It's possible, but it's important to remember that the stock comes with a fair share of risk right now -- the company is involved in a heavy phase of spending, and its successes depend on the advancement of certain technologies. If you're OK with that, you might consider buying a few shares of SpaceX on the dip, and potentially adding to the position if the company's earnings and general updates are positive.
But for most investors, it's a better idea to keep SpaceX on your watch list for now -- and to potentially create a million-dollar portfolio, focus on diversifying across a number of quality stocks.
On June 12, Space Exploration Technologies (SPCX +3.19%) became the largest initial public offering (IPO) in U.S. history as measured by market value. The rocket and satellite company was worth nearly $1.8 trillion at the listing price of $135 per share.
SpaceX peaked around $202 per share on its third trading day. However, the stock has since fallen 36% to $129 per share, and history says it has further to fall. Here's what investors should know.
Image source: Getty Images.
Highly anticipated IPO stocks frequently notch large gains on the first trading day. SpaceX was no exception; the stock closed just shy of $161 per share (about 19% above the IPO price) on day one. However, companies that go public with large market capitalizations have historically performed poorly over the long term.
Among the 10 largest U.S. IPOs in the last decade, the median stock fell 17% from its IPO price during its first year on the public market. SpaceX priced its IPO at $135 per share. If its performance matches the historical median, the stock will trade at $112 per share by June 2027 (i.e., 17% below its IPO price). That implies 13% downside from the current share price of $129.
In that scenario, $10,000 invested in SpaceX today would be worth $8,820 by June 2027. But there is more bad news: History says SpaceX could decline even further in the interim.
Among the 10 largest U.S. IPOs in the last decade, the median stock dropped 25% from its IPO price at some point during the first year. If SpaceX follows that trajectory, the stock will fall to $101 per share at some point before June 2027. That implies 20% downside from its current price.
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SpaceX has compelling growth prospects, but the stock is very expensive SpaceX's reusable rocket architecture enables the company to launch payloads into orbit more frequently and cost-effectively than its competitors. That economic moat has not only helped SpaceX build the world's largest satellite internet service, Starlink, but also positioned the company to disrupt the artificial intelligence industry with orbital data centers.
SpaceX values its addressable market at $28.5 trillion, and the company attributes the vast majority of that figure ($26.5 trillion) to artificial intelligence products and services. Its SEC Form S-1 (registration statement) states:
We believe SpaceX's reusable rockets, scaled satellite manufacturing, and operational expertise can enable the cost-effective and rapid deployment of massive AI compute satellite constellations -- with potentially millions of satellites -- for orbital data centers. We believe these AI compute satellites in sun-synchronous orbit will be able to handle energy-intensive AI workloads, such as inference demand, at far greater scale and efficiency than terrestrial alternatives.
However, SpaceX will not launch orbital data centers until 2028 at the earliest. Meanwhile, the stock currently trades at 88 times sales. By comparison, Palantir Technologies is the most expensive stock in the S&P 500 (^GSPC +0.89%) at 62 times sales.
That means SpaceX is currently 40% more expensive than the most richly valued member of the benchmark index for the entire U.S. stock market. I doubt that premium is sustainable.
Here's the big picture: History suggests SpaceX stock is headed lower in the coming months. The current valuation hints at the same outcome. That does not mean SpaceX will always be a bad investment. But I think investors should wait patiently for a more attractive buying opportunity. Better entry points are sure to arise eventually.
Consider Uber Technologies. Since its IPO in May 2019, the stock has underperformed the S&P 500 by 99 percentage points. But the stock has also outperformed the S&P 500 by 140 percentage points since July 2022.
The lesson is simple: Uber shareholders who didn't dive headlong into the IPO but waited for a more reasonable buying opportunity have been well rewarded. I believe the SpaceX story will be similar in hindsight.
Fifth Third Bancorp lifted its position in shares of Rexford Industrial Realty, Inc. (NYSE:REXR – Free Report) by 3,211.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 67,547 shares of the real estate investment trust’s stock after acquiring an additional 65,507 shares during the period. Fifth Third Bancorp’s holdings in Rexford Industrial Realty were worth $2,211,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the company. Lazard Asset Management LLC boosted its stake in Rexford Industrial Realty by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 35,475 shares of the real estate investment trust’s stock valued at $1,261,000 after purchasing an additional 362 shares during the period. IFM Investors Pty Ltd boosted its position in shares of Rexford Industrial Realty by 1.0% during the first quarter. IFM Investors Pty Ltd now owns 38,360 shares of the real estate investment trust’s stock worth $1,256,000 after buying an additional 370 shares during the period. Rockefeller Capital Management L.P. grew its holdings in Rexford Industrial Realty by 8.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,878 shares of the real estate investment trust’s stock worth $189,000 after buying an additional 387 shares in the last quarter. Koa Wealth Management LLC grew its holdings in Rexford Industrial Realty by 0.9% in the 1st quarter. Koa Wealth Management LLC now owns 46,268 shares of the real estate investment trust’s stock worth $1,514,000 after buying an additional 408 shares in the last quarter. Finally, Brookwood Investment Group LLC increased its position in Rexford Industrial Realty by 4.4% in the 4th quarter. Brookwood Investment Group LLC now owns 10,672 shares of the real estate investment trust’s stock valued at $413,000 after acquiring an additional 445 shares during the period. Institutional investors and hedge funds own 99.52% of the company’s stock.
Insiders Place Their Bets In related news, General Counsel David E. Lanzer sold 33,299 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $35.47, for a total transaction of $1,181,115.53. Following the completion of the transaction, the general counsel owned 33,299 shares of the company’s stock, valued at $1,181,115.53. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.80% of the stock is owned by corporate insiders.
Rexford Industrial Realty Price Performance Shares of NYSE:REXR opened at $37.16 on Wednesday. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 39.96, a PEG ratio of 1.54 and a beta of 1.21. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.50 and a quick ratio of 1.50. Rexford Industrial Realty, Inc. has a 12 month low of $32.14 and a 12 month high of $44.38. The stock’s 50 day moving average price is $34.81 and its 200 day moving average price is $36.15.
Rexford Industrial Realty (NYSE:REXR – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.11. Rexford Industrial Realty had a return on equity of 2.64% and a net margin of 23.25%.The firm had revenue of $242.14 million during the quarter, compared to analyst estimates of $243.78 million. During the same period last year, the company posted $0.62 EPS. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. Rexford Industrial Realty has set its FY 2026 guidance at 2.370-2.42 EPS. Equities research analysts anticipate that Rexford Industrial Realty, Inc. will post 2.4 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In Several brokerages have weighed in on REXR. Scotiabank raised Rexford Industrial Realty from a “sector perform” rating to a “sector outperform” rating and cut their target price for the company from $38.00 to $36.00 in a research note on Thursday, June 18th. Wall Street Zen cut Rexford Industrial Realty from a “hold” rating to a “sell” rating in a research note on Monday. Barclays lowered their price target on Rexford Industrial Realty from $40.00 to $36.00 and set an “underweight” rating on the stock in a report on Thursday, July 16th. Evercore raised shares of Rexford Industrial Realty from an “in-line” rating to an “outperform” rating and set a $40.00 price objective for the company in a report on Monday, April 13th. Finally, Weiss Ratings upgraded shares of Rexford Industrial Realty from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 15th. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $40.38.
View Our Latest Research Report on Rexford Industrial Realty
Rexford Industrial Realty Company Profile (Free Report)
Rexford Industrial Realty, Inc (NYSE: REXR) is a real estate investment trust (REIT) specializing in the acquisition, ownership and operation of industrial properties in Southern California. The company’s portfolio is concentrated in infill locations across key supply-chain markets, where it targets modern distribution centers, logistics facilities and light manufacturing spaces. Rexford’s strategy emphasizes buildings that offer proximity to major transportation routes and labor pools, catering to tenants in e-commerce, third-party logistics and manufacturing industries.
Since its founding in 2013, Rexford Industrial Realty has executed a disciplined growth plan driven by property acquisitions, selective development projects and strategic value-add initiatives.
Featured Stories Five stocks we like better than Rexford Industrial 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 Want to see what other hedge funds are holding REXR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rexford Industrial Realty, Inc. (NYSE:REXR – Free Report).
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