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Bank OZK purchased a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,180 shares of the industrial products company’s stock, valued at approximately $598,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Emerson Electric in the second quarter worth $6,193,425,000. Bank of America Corp DE bought a new stake in shares of Emerson Electric in the 2nd quarter worth about $2,629,146,000. Norges Bank acquired a new position in shares of Emerson Electric in the 4th quarter worth approximately $1,050,040,000. Bank of New York Mellon Corp bought a new stake in shares of Emerson Electric during the second quarter worth $659,000,000. Finally, Legal & General Group Plc acquired a new position in shares of Emerson Electric during the second quarter worth approximately $613,846,000. 74.30% of the stock is owned by institutional investors.

Analyst Ratings Changes Several equities research analysts have recently commented on the stock. BNP Paribas Exane lifted their price target on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a report on Friday, July 17th. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Stephens upped their price objective on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Finally, Daiwa Securities Group reduced their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus target price of $167.39.

View Our Latest Analysis on Emerson Electric Emerson Electric Trading Down 0.4% Shares of NYSE:EMR opened at $157.58 on Friday. The company has a market capitalization of $88.26 billion, a P/E ratio of 34.48, a P/E/G ratio of 2.35 and a beta of 1.24. The business’s 50 day simple moving average is $148.70 and its 200 day simple moving average is $143.49. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66.

Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter in the prior year, the business posted $1.52 earnings per share. Emerson Electric’s revenue was up .0% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. On average, research analysts anticipate that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is currently 48.58%.

Insider Buying and Selling at Emerson Electric In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

(Free Report)

Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson’s offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.

Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.

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, /PRNewswire/ -- Denarius Metals Corp. (Cboe CA: DMET) (OTCQX: DNRSF) ("Denarius Metals" or the "Company") provided an update today on the drill results from its ongoing surface in-fill diamond drilling program on the Las Brisas Target at its Zancudo Project in Colombia. The most notable intercept was achieved in drill hole ZM-210 which returned continuous Au mineralization over approximately 33 m from 203.0 m to 235.95 m grading 5.68 g/t Au, including 20.18 g/t Au over 3.10 m from 229.0 m to 232.10 m (Santa Catalina Splay) and 26.35 g/t Au over 2.50 m from 233.45 m to 235.95 m (Santa Catalina) with additional continuous intervals of 1 g/t to 6 g/t Au in the hanging wall and between the two main structures.

Map showing the location of the drill holes for the Las Brisas 2026 drilling campaign

3-D Structural sketch of the Las Brisas Target

Cross-section showing drill holes ZM-210 and ZM-213.

Long-section showing the ore-shoots on the Manto Antiguo structure

Long-section showing the ore-shoots on the Santa Catalina structure Serafino Iacono, Executive Chairman of Denarius Metals, commented, "The thick, high-grade interval in ZM-210, the hanging-wall mineralization and the emerging Manto Antiguo Lower structure, all identified in the latest round of drilling, continue to demonstrate the high-grade continuity and upside of the Santa Catalina and Manto Antiguo systems and the potential for resource growth at our Zancudo Project".

The results announced today have been received from the final assays for additional 8 drill holes from the Las Brisas Target totaling approximately 1,610 meters, bringing the total drilling completed to date at the Zancudo Project to 2,270 meters in 12 drill holes. This press release presents complete results from drill holes ZM-200 through ZM-206, and preliminary Au results for drill hole ZM-210, which were drilled as in-fill holes from platforms IF-08, IF-12 and IF-05 to primarily test the Manto Antiguo and Santa Catalina structures. Approximately 40% of the total surface in-fill drilling program at the Las Brisas Target for this year has been completed by mid-August, the cut-off date for results reported in this press release. The 2026 drilling program aims to tighten drill spacing within the Las Brisas Target to 50 meters between drill centers, allowing for the potential reclassification of resources to higher confidence classification categories in the next mineral resource update.

Other Key Intercepts Reported in the Latest Drilling Results

7.40 g/t Au and 437.8 g/t Ag over 1.02 m from 156.58 m to 157.60 m, hole ZM-200 (Santa Catalina Faulted Block), including 20.70 g/t Au and 1,388.8 g/t Ag over 0.32 m from 156.58 m to 156.90 m. 7.85 g/t Au and 167 g/t Ag over 2.3 m from 143.25 m to 145.55 m, hole ZM-201 (Manto Antiguo), including 10.72 g/t Au and 247.0 g/t Ag over 0.85 m from 143.25 m to 144.10 m, and 7.20 g/t Au and 137.9 g/t Ag over 1.10 m from 144.45 m to 145.55 m. 15.23 g/t Au and 38.4 g/t Ag over 1.35 m from 132.80 m to 134.15 m, hole ZM-206 (Manto Antiguo Splay), including 33.70 g/t Au and 61.8 g/t Ag over 0.54 m from 133.61 m to 134.15 m. 41.82 g/t Au and 36.1 g/t Ag over 1.00 m from 33.17 m to 34.17 m, hole ZM-205 (near surface unknown structure), including 108.90 g/t Au and 89 g/t Ag over 0.38 m from 33.17 m to 33.55 m. A local dextral reverse fault has been interpreted in the southern portion of the Las Brisas Target (drilled from platform IF12). This explains repetition of the mineralized structures and host rocks and has implications for domain modeling and future resource estimation. Significant intercepts of the subparallel Manto Antiguo Lower structure support its potential to contribute additional Indicated Resources. Las Brisas Target – Details of the Latest Drilling Results

The Las Brisas Target represents an unexploited block within the Manto Antiguo structure preserved by past mining. The in-fill drilling program for the Las Brisas Target has been designed at 50x50 meters drill centers from eight platforms (IF-5 to IF-12) aimed at better delineating and confirming the consistency of mineralization on the orebodies outlined by previous drilling on the Manto Antiguo and Santa Catalina structures, of which the Manto Antiguo orebody is controlled by the intersection of the Manto Antiguo and Santa Catalina structures and which usually shows wider and higher-grade intercepts. Drill hole ZM-210, based on the initial Au results, has outlined the potential for a wide mineralized zone in the hanging wall of the Santa Catalina structure, hosted in a sedimentary interval bounded by schists on both sides. An adjacent drill hole (ZM-213) is in process to follow up on this potential mineralized zone. Drilling carried out from platform IF-12 has allowed the identification of a dextral reverse fault based on the repetition of the lithological sequence that usually hosts the Santa Catalina mineralized structure, which comprises an andesitic dike and the tectonic contact between the sedimentary sequence and the chloritic schist. The interpreted reverse fault plane strikes NE-SW, with a shallow dip to the W, which results in offsetting the Santa Catalina, Manto Antiguo and Manto Antiguo Lower structures by approximately 40 meters. The mineralization characteristics, such as the presence of pyrite, arsenopyrite, galena, and sphalerite, as well as the same type of alteration, are preserved on both sides of the fault zone in all the known mineralized structures, providing a basis for supporting their continuity across both blocks. The continuity of the structures to the west of this area will be corroborated by the designed brownfield drilling to be carried out later this year. Drilling carried out from platform IF-12 was successful in confirming and extending to the SE the high-grade nature of the orebody outlined by previous drilling on the Manto Antiguo structure. Multiple high gold grades were intersected with maximum intersection grades of 10.72 g/t Au and 247.0 g/t Ag over 0.85 meters (ZM-201) and 16.65 g/t Au and 48.0 g/t Ag over 0.30 meters on Manto Antiguo (ZM-206). High-grade mineralization associated with Manto Antiguo remains open down-plunge and will be targeted by additional drill holes planned on the same platform. Drilling carried out from platform IF-12 also intersected multiple mineralized structures such as Santa Catalina and Manto Antiguo Lower, confirming the presence of high-grade mineralization on Santa Catalina and extending the mineralization on Manto Antiguo Lower to the interpreted reverse fault. Multiple high gold grades were intersected with maximum intersection grades of 20.70 g/t Au and 1,388.8 g/t Ag over 0.32 meters on Santa Catalina Faulted Block (ZM-200) and 7.90 g/t Au and 66.9 g/t Ag over 0.30 meters on Santa Catalina (ZM-201). Both mineralized intersections fall into an area of the block model that currently shows very low grade, opening up a new scenario for further evaluation. The following table lists the key intervals and sub-intervals from the ongoing Las Brisas in-fill program, since the previous press release issued on July 6, 2026, with grades >4 g/t AuEq cut-off associated with main intervals that, in some cases, might not meet the >4 g/t AuEq cut-off:

Year

Target

Hole ID

Structure

From
(m)

To (m)

Length
(m)

Au (g/t)

Ag (g/t)

AuEq
(g/t)

2026

Las Brisas

ZM-200

Santa Catalina

128.30

130.30

2.00

1.77

46.6

2.35

Including

128.30

128.75

0.45

4.43

82.4

5.46

Santa Catalina Faulted Block

156.58

157.60

1.02

7.40

437.8

12.86

Including

156.58

156.90

0.32

20.70

1,388.8

38.04

ZM-201

Santa Catalina

96.15

97.20

1.05

3.04

23.6

3.33

Including

96.15

96.50

0.35

7.90

66.9

8.73

Unknown

106.20

106.80

0.60

2.78

7.6

2.87

Including

106.50

106.80

0.30

4.12

12.1

4.27

Manto Antiguo

143.25

145.55

2.30

7.85

167.0

9.90

Including

143.25

144.10

0.85

10.72

247.0

13.80

Including

144.45

145.55

1.10

7.20

137.9

8.90

ZM-202

Manto Antiguo Lower Faulted Block

219.90

221.40

1.50

3.69

11.6

3.83

Including

219.90

220.20

0.30

8.04

25.3

8.36

Including

220.90

221.40

0.50

5.39

13.9

5.56

ZM-204

Santa Catalina

95.53

96.53

1.00

2.10

64.0

2.90

Including

95.53

95.83

0.30

3.78

198.0

6.26

Manto Antiguo

154.41

155.56

1.15

3.60

55.0

4.21

Including

155.16

155.56

0.40

4.26

23.0

4.54

ZM-205

Unknown

33.17

34.17

1.00

41.82

36.1

42.27

Including

33.17

33.55

0.38

108.90

89.0

110.01

Manto Antiguo

154.39

155.40

1.01

3.75

4.0

3.80

Including

154.69

154.99

0.30

12.23

9.3

12.34

Manto Antiguo Lower

194.88

195.88

1.00

1.91

4.1

1.96

Including

194.88

195.18

0.30

6.34

12.1

6.49

ZM-206

Manto Antiguo Splay

132.80

134.15

1.35

15.23

38.4

15.67

Including

133.61

134.15

0.54

33.70

61.8

34.47

Manto Antiguo

137.40

140.10

2.70

4.42

21.7

4.69

Including

137.40

137.70

0.30

7.16

40.2

7.66

Including

139.80

140.10

0.30

16.65

48.0

17.25

Unknown

158.50

159.50

1.00

2.87

23.1

3.15

Including

158.50

159.05

0.55

5.17

41.2

5.68

ZM-210

Santa Catalina Zone

203.00

235.95

32.95

5.68

* (5)

* (5)

Santa Catalina Splay

Including

229.0

232.10

3.10

20.18

* (5)

* (5)

Santa Catalina

Including

233.45

235.95

2.50

26.35

* (5)

* (5)

Notes to Las Brisas table:

(1)

The intervals are core lengths. The true widths are estimated to be 80% to 90% of the lengths.

(2)

Equivalent gold grades (AuEq g/t) were calculated using prices of US$3,200/oz gold and US$40.00/oz silver. Gold equivalent formula: AuEq = Au + (Ag / (Au Price/Ag Price)).

(3)

"Unknown": new structure that doesn't correlate with any of the known structures/veins.

(4)

There are no results above cut-off grade for drillhole ZM-203 and it is not listed in the table.

(5)

Ag results for drill hole ZM-210 are still pending.

Please refer also to the attached illustrative images 1 to 5 showing the location of the drill holes reported herein from the 2026 drilling campaign along with a sketch of the main structures for the Las Brisas Target, a cross-section showing drill holes ZM-210 and ZM-213, and two long sections showing intercept locations for the Manto Antiguo and Santa Catalina structures.

Manto Antiguo and Santa Catalina Structures

The Manto Antiguo structure, which was the main structure historically mined, is interpreted as a WNW-ESE trending brecciated manto-type structure that merges into the footwall of the Santa Catalina structure. The northerly-trending Santa Catalina structure, which dips steeply to the east near surface and gently at depth, is interpreted as a mineralized master fault structure and feeder of mineralization for the entire vein system. In the footwall of the Santa Catalina structure, below Manto Antiguo, lies another manto-type structure called Manto Antiguo Lower, which exhibits the same characteristics as Manto Antiguo, being usually narrow and having a typical breccia texture with incipient quartz-sulphide banding and milled wall rock clasts. The mineralization consists of pyrite, arsenopyrite, sphalerite and galena. Fragments of argillic-altered schist are observed, which host pyrite veinlets.

2026 Drilling Program

The 2026 drill program comprises a planned total of 15,100 meters on several target areas within the Zancudo Project, including Las Brisas, El Castano, Independencia Mine and brownfield. The 2026 drill program has been designed to deliver important data for further resource modelling, mine planning and optimization of production stope design to guide our mine development programs as Denarius Metals ramps up mining activities at Zancudo in 2026 and 2027 to feed the Project's new 1,000 tonnes per day flotation processing plant that is currently under construction and expected to be operating later this year.

Qualified Person

Mr. Scott E. Wilson, CPG, President of Resource Development Associates ("RDA"), has reviewed, verified and approved the technical information summarized in this news release, including the sampling, preparation, security and analytical procedures underlying such information, and is not aware of any significant risks and uncertainties that could be expected to affect reliability or confidence in the information discussed herein. Mr. Wilson is an independent consulting geologist specializing in Mineral Reserve and Resource calculation reporting, mining project analysis and due diligence evaluations. Mr. Wilson conducted a personal inspection of the Zancudo Project on June 2-3, 2026. Mr. Wilson has over 36 years of experience in the mining industry and is a Registered Member (4025107RM) of Society for Mining, Metallurgy and Exploration, Inc. Mr. Wilson and RDA are independent of the Company under NI 43-101.

Quality Assurance and Quality Control

All the core samples were prepared and assayed for Au by Actlabs Laboratories Ltd (ISO 9001:2015) at their laboratory in Zona Franca Rionegro, Antioquia, Colombia, by 50 g fire assay with atomic absorption spectrophotometer ("AAS") finish. Subsequently, the pulps were shipped to their laboratory in Ancaster, Ontario, Canada (ISO/IEC 17025) for multi-element analysis by Agua Regia-ICP-OES. Samples above the upper detection limit of 5.0 g/t gold were re-assayed by 30 g fire assay with gravimetric finish, while silver and base metals were analyzed in a multi element analysis by partial digestion and ICP-OES finish. Blank, standard and duplicate samples were routinely inserted and monitored for quality assurance and quality control.

About Denarius Metals

Denarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of precious metals and polymetallic mining projects in high-grade districts in Colombia and Spain. Denarius Metals is listed on Cboe Canada where it trades under the symbol "DMET". The Company also trades on the OTCQX Market in the United States under the symbol "DNRSF".

In Colombia, Denarius Metals is producing gold and silver in an "early production" phase at its 100%-owned Zancudo Project while it completes construction of a 1,000 tonnes per day processing plant that is expected to start producing high-grade gold-silver concentrates in the fourth quarter of 2026. The Zancudo Project is a high-grade gold-silver deposit, which includes the historic producing Independencia mine, and is located in the Cauca Belt, about 30 km southwest of Medellin.

In Spain, Denarius Metals has interests in three projects focused on in-demand critical minerals. The Company owns a 21.8% interest in Rio Narcea Recursos, S.L. and is the operator of its Aguablanca Project, which has been recognized by the EU as a Strategic Project. The Aguablanca Project comprises a turnkey 5,000 tonnes per day processing plant and the rights to exploit the historic producing Aguablanca nickel-copper mine, located in Monesterio, Extremadura. Denarius Metals also owns a 100% interest in the Lomero Project, a polymetallic deposit located on the Spanish side of the prolific copper rich Iberian Pyrite Belt, approximately 88 km southwest of the Aguablanca Project, and a 100% interest in the Toral Project, a high-grade zinc-lead-silver deposit located in the Leon Province, Northern Spain.

Denarius Metals entered into a strategic collaboration in early 2026 as JV partners with ProGrowth Ltd. Company, a Saudi-based diversified group of companies, focused on the processing, smelting and commercialization of material sourced from the Company's projects and to identify, acquire, develop and operate gold and nickel mining concessions within the Kingdom of Saudi Arabia.

Additional information on Denarius Metals can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to anticipated business plans or strategies, including exploration programs, expected exploration results, mineral resource estimates, potential mineralized zones and the potential for resource growth. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Denarius Metals to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in the Company's Annual Information Form dated March 31, 2026 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Denarius Metals disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Attachment 1 – Map showing the location of the drill holes for the Las Brisas 2026 drilling campaign

Notes:

(1)

This press release includes complete results from drill holes ZM-200 through ZM-206, and preliminary Au results for drill hole ZM-210, which were drilled as in-fill holes from platforms IF-08, IF-12 and IF-05.

(2)

The results from drill holes ZM-195 through ZM-199, which were drilled as in-fill holes from platform IF-07, were included in the Company's press release dated July 6, 2026.

Attachment 2 – 3-D Structural sketch of the Las Brisas Target 

Attachment 3 – Cross-section showing drill holes ZM-210 and ZM-213.

Attachment 4 – Long-section showing the ore-shoots on the Manto Antiguo structure

Attachment 5 – Long-section showing the ore-shoots on the Santa Catalina structure

SOURCE Denarius Metals Corp.

Beacon Pointe Advisors LLC acquired a new stake in Parker-Hannifin Corporation (NYSE:PH – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 19,767 shares of the industrial products company’s stock, valued at approximately $19,335,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Parker-Hannifin in the 4th quarter worth about $1,253,000. Truist Financial Corp grew its position in Parker-Hannifin by 2.7% in the 4th quarter. Truist Financial Corp now owns 174,852 shares of the industrial products company’s stock worth $153,687,000 after purchasing an additional 4,673 shares during the last quarter. Shepherd Street Advisors LLC bought a new position in Parker-Hannifin in the 4th quarter worth about $1,736,000. Jefferies Financial Group Inc. acquired a new stake in shares of Parker-Hannifin in the fourth quarter valued at approximately $11,434,000. Finally, Horizon Investments LLC increased its stake in shares of Parker-Hannifin by 78.8% in the fourth quarter. Horizon Investments LLC now owns 8,829 shares of the industrial products company’s stock valued at $7,760,000 after purchasing an additional 3,892 shares during the period. 82.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth A number of equities analysts recently issued reports on PH shares. Truist Financial increased their price objective on Parker-Hannifin from $1,269.00 to $1,358.00 and gave the stock a “buy” rating in a report on Friday, August 7th. UBS Group lifted their target price on Parker-Hannifin from $1,092.00 to $1,250.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Parker-Hannifin in a research note on Friday, July 17th. KeyCorp raised their price target on Parker-Hannifin from $1,100.00 to $1,210.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Stifel Nicolaus set a $1,075.00 price objective on shares of Parker-Hannifin in a research note on Friday, August 7th. Seventeen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,100.00.

Get Our Latest Analysis on Parker-Hannifin Insider Buying and Selling at Parker-Hannifin In related news, VP Berend Bracht sold 602 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $1,040.47, for a total transaction of $626,362.94. Following the transaction, the vice president owned 4,399 shares of the company’s stock, valued at approximately $4,577,027.53. The trade was a 12.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.32% of the company’s stock.

Parker-Hannifin Stock Down 1.6% Parker-Hannifin stock opened at $995.24 on Friday. The firm has a market cap of $125.45 billion, a PE ratio of 34.93, a P/E/G ratio of 2.63 and a beta of 1.12. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.74 and a current ratio of 1.26. The firm’s 50 day moving average price is $991.71 and its two-hundred day moving average price is $950.48. Parker-Hannifin Corporation has a twelve month low of $715.37 and a twelve month high of $1,099.94.

Parker-Hannifin (NYSE:PH – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The industrial products company reported $9.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.31 by $0.96. The business had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.57 billion. Parker-Hannifin had a return on equity of 28.48% and a net margin of 16.97%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $7.69 EPS. Parker-Hannifin has set its FY 2027 guidance at 34.250-35.250 EPS. On average, research analysts predict that Parker-Hannifin Corporation will post 34.93 EPS for the current fiscal year.

Parker-Hannifin Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Monday, August 31st will be paid a $2.00 dividend. The ex-dividend date is Monday, August 31st. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s payout ratio is presently 28.08%.

Parker-Hannifin Profile (Free Report)

Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.

Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.

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Is Hormel Foods Corp (HRL) Undervalued Despite Q3 EPS Miss? GF Score: 69/100, Revenue at $2.96 Billion Solid Financial Performance Amid Challenges

Hormel Foods Corp HRL released its 8-K filing detailing its third quarter fiscal 2026 results on August 27, 2026. The results demonstrate a company navigating a mixed environment of financial growth yet facing challenges that could impact long-term success.

Founded in Austin, Minnesota, Hormel Foods Corp has evolved from a meat-focused enterprise to a diversified global branded food company with annual revenues exceeding $12 billion. It operates through various channels such as U.S. retail (61.6% of fiscal 2025 sales), U.S. foodservice (32.6%), and international markets (5.9%). The company's diverse product portfolio includes renowned brands like Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy, many of which hold leading market shares in their categories.

Performance Overview and ChallengesHormel Foods Corp reported third quarter net sales of $2.96 billion, marking a 2% organic net sales decline compared to the same period last year. Despite this, the operating income stood at $111 million, with an adjusted operating income of $266 million. The diluted earnings per share (EPS) during the quarter was $0.11, which fell below the expected $0.35 from analysts. However, the adjusted diluted EPS was reported at $0.37, surpassing expectations.

This performance is crucial, as sustained revenue growth is essential for maintaining competitive positioning in the consumer packaged goods industry. The noted decline in organic sales highlights ongoing consumer pressure and portfolio adjustments that could lead to potential risks if not addressed effectively. Jeff Ettinger, interim CEO, stated, "With our strong year-to-date performance and continued opportunities ahead, we are raising and narrowing our adjusted earnings outlook for fiscal 2026."

Financial Achievements and Key MetricsKey financial metrics for Hormel Foods Corp reveal a mixed yet promising outlook. The company's operating margin dropped to 3.7%, while the adjusted operating margin improved to 9.0%. A robust cash flow from operations of $241 million, a 54% increase year-over-year, showcases the company's financial strength. Notably, Hormel's commitment to returning value to shareholders is reflected in its dividend payout of $161 million during the quarter.

Below is a summary of key figures from the income statement and balance sheet:

MetricQ3 FY2026Q3 FY2025Net Sales$2.96 billion$3.03 billionOperating Income$111 million$239.7 millionAdjusted Operating Income$266 million$282.2 millionNet Earnings$59.5 million$183.7 millionCash Flow from Operations$241 million$156 millionCash on Hand$840 million$671 million

GuruFocus Valuation CheckHormel Foods Corp currently holds a GF Score of 69/100, suggesting it is above average in terms of fundamentals. The GF Value is set at $31.21, while the current market price stands at $23.71, indicating that the stock is undervalued by 24.0%. With a Financial Strength rating of 7/10 and a Profitability Rank of 8/10, Hormel appears to maintain a sound financial foundation. However, a Growth Rank of 3/10 and a Predictability rating of 1 star highlight areas of concern for potential investors.

Insider activity shows $0.8 million in sales over the past year, which could be perceived as cautious behavior, given that no noteworthy purchases have been made. This suggests potential wariness regarding future performance. Overall, the stock may be considered undervalued at the current price point, but investors should weigh this against the noted challenges in organic sales growth.

For a deeper dive, visit the Hormel Foods Corp stock page on GuruFocus.

Explore the complete 8-K earnings release (here) from Hormel Foods Corp for further details.

GuruFocus context: GuruFocus’ GF Value™ estimates fair value near $31.21 (24.0% undervalued); its GF Score™ is 69/100; 6 gurus currently hold the stock, with 3 adding and 5 trimming positions in recent quarters — guru 13F data Simply Wall St and Morningstar don’t have. See the full Hormel Foods Corp HRL research.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Hormel Foods Corporation (NYSE:HRL – Get Free Report) has earned a consensus recommendation of “Hold” from the nine research firms that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $26.1429.

Several equities research analysts have issued reports on HRL shares. Stephens set a $23.00 price objective on shares of Hormel Foods in a research report on Friday. Bank of America upped their target price on Hormel Foods from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. The Goldman Sachs Group set a $25.00 target price on Hormel Foods in a research note on Thursday, May 21st. Weiss Ratings raised Hormel Foods from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 12th. Finally, BNP Paribas Exane reduced their price target on Hormel Foods from $27.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday.

View Our Latest Stock Report on HRL

Hormel Foods News Roundup Here are the key news stories impacting Hormel Foods this week: Positive Sentiment: Hormel reported adjusted third-quarter EPS of $0.37, ahead of analyst estimates of approximately $0.35–$0.36 and up from $0.35 a year earlier. Margin expansion and cost management helped offset weaker volumes. Hormel Foods Q3 Earnings Beat on Margin Expansion, Sales Miss Positive Sentiment: Management raised and narrowed its fiscal 2026 adjusted EPS outlook to $1.45–$1.51, compared with prior guidance of $1.40–$1.50. Operating cash flow also increased 54% to $240.6 million. Hormel Foods Reports Third Quarter Fiscal 2026 Results Neutral Sentiment: BNP Paribas Exane lowered its HRL price target from $27 to $26 and assigned a neutral rating. The revised target still implies meaningful potential upside from recent levels, but the rating signals limited confidence in near-term growth. BNP Paribas Exane Hormel Foods Price Target Update Neutral Sentiment: Some analysts view Hormel’s elevated dividend yield—reported at roughly 5.5% after the sell-off—and valuation as attractive for long-term income investors, though earnings-based valuation remains a concern. Hormel Foods: A Protein Powerhouse With a Secure Yield Negative Sentiment: Third-quarter revenue fell 2.4% year over year to $2.96 billion, missing the roughly $3.03 billion consensus estimate. Retail sales declined 4%, international sales dropped 5%, and management cited pressured consumers, lower commodity prices and weak private-label snack-nut demand. Hormel Foods Cuts Annual Sales Forecast Negative Sentiment: Hormel reduced fiscal 2026 revenue guidance to $12.1–$12.2 billion from $12.2–$12.5 billion, reinforcing concerns that sluggish demand and falling sales will limit growth despite improved margins and EPS. Why Hormel Foods Stock Swooned Hormel Foods Stock Down 0.2% NYSE:HRL opened at $21.53 on Friday. The firm has a market capitalization of $11.85 billion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 2.49 and a beta of 0.34. Hormel Foods has a twelve month low of $19.70 and a twelve month high of $26.60. The stock’s 50 day moving average price is $24.76 and its two-hundred day moving average price is $23.37. The company has a quick ratio of 0.92, a current ratio of 1.88 and a debt-to-equity ratio of 0.30.

Hormel Foods (NYSE:HRL – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.02. The company had revenue of $2.96 billion for the quarter, compared to analyst estimates of $3.03 billion. Hormel Foods had a net margin of 2.82% and a return on equity of 9.91%. Hormel Foods’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 EPS. Hormel Foods has set its FY 2026 guidance at 1.450-1.510 EPS. Equities research analysts expect that Hormel Foods will post 1.49 earnings per share for the current fiscal year.

Insider Transactions at Hormel Foods In related news, Director Gary C. Bhojwani sold 20,200 shares of the firm’s stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $24.51, for a total value of $495,102.00. Following the transaction, the director owned 32,002 shares in the company, valued at approximately $784,369.02. This trade represents a 38.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.58% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows Institutional investors and hedge funds have recently made changes to their positions in the stock. Corient Private Wealth LP lifted its stake in Hormel Foods by 7.8% in the 2nd quarter. Corient Private Wealth LP now owns 58,967 shares of the company’s stock valued at $1,464,000 after purchasing an additional 4,257 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of Hormel Foods by 8.0% during the 2nd quarter. HighTower Advisors LLC now owns 132,688 shares of the company’s stock valued at $3,293,000 after acquiring an additional 9,851 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Hormel Foods during the 2nd quarter valued at $482,000. California State Teachers Retirement System grew its position in Hormel Foods by 2,186.0% during the 2nd quarter. California State Teachers Retirement System now owns 8,259,202 shares of the company’s stock worth $204,993,000 after acquiring an additional 7,897,912 shares during the last quarter. Finally, HB Wealth Management LLC grew its position in Hormel Foods by 32.0% during the 2nd quarter. HB Wealth Management LLC now owns 20,646 shares of the company’s stock worth $512,000 after acquiring an additional 5,011 shares during the last quarter. Institutional investors own 40.99% of the company’s stock.

About Hormel Foods (Get Free Report)

Hormel Foods Corporation is a global branded foods company primarily engaged in the production, marketing and distribution of value-added, high-quality meat and food products. The company’s portfolio spans a range of categories including refrigerated and frozen meats, pantry staples, specialty foods and shelf-stable items. Through manufacturing facilities located across North America and international markets, Hormel Foods supplies retail grocers, foodservice operators, convenience stores and e-commerce platforms.

Among its best-known brands, Hormel Foods produces SPAM® canned meats, Jennie-O® turkey products, Skippy® peanut butter and Applegate® natural and organic meats.

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It has been about a month since the last earnings report for Stanley Black & Decker (SWK - Free Report) . Shares have added about 3.9% in that time frame, underperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Stanley Black & Decker due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Stanley Black & Decker, Inc. before we dive into how investors and analysts have reacted as of late.

Stanley Black Beats Q2 Earnings Estimates on Margin Expansion, Raises OutlookStanley Black reported adjusted earnings of $1.57 per share for the second quarter of 2026, which beat the Zacks Consensus Estimate of $1.20 by 30.8%. The bottom line increased from adjusted earnings of $1.08 per share reported in the year-ago quarter.

Net sales of $3.96 billion surpassed the consensus estimate of $3.93 billion by 0.7% and increased 0.4% year over year. Higher organic sales, improved gross margins and strong cash generation supported the quarter, while the company also raised its full-year earnings and free cash flow guidance.

Segmental PerformanceStanley Black generated Tools & Outdoor revenues of $3.56 billion, up 3% year over year, driven by higher volumes in U.S. retail and commercial & industrial channels. Organic revenues for the segment also increased 3%, aided by strength in power tools despite the transition to a licensing model for gas walk-behind outdoor products.

Engineered Fastening revenues declined 18% year over year to $396.4 million due to the divestiture of the Consolidated Aerospace Manufacturing (CAM) business. Excluding the divestiture impact, organic revenues increased 3%, supported by industrial demand and continued automotive fastener growth.

Stanley Black's Margin StrengthStanley Black's cost of sales declined 7.8% year over year to $2.65 billion. Gross profit increased 22.4% to $1.31 billion, lifting the gross margin by 600 basis points to 33.0%. On an adjusted basis, gross margin expanded 620 basis points to 33.7%, benefiting from tariff refunds and productivity improvements.

Selling, general and administrative expenses increased 8.6% year over year to $947.9 million and represented 23.9% of sales compared with 22.1% a year ago. Adjusted EBITDA was $445.7 million, indicating a year-over-year increase of 40.1%. The adjusted EBITDA margin improved 320 basis points to 11.3%, while net earnings rose sharply to $351.3 million from $101.9 million in the prior-year quarter.

Cash Flow and Balance SheetStanley Black ended the quarter with cash and cash equivalents of $592.4 million compared with $280.1 million at the end of 2025. Long-term debt was $4.70 billion, largely unchanged from the figure reported at the end of 2025. The company reduced total debt by $1.7 billion during the quarter using proceeds from the CAM divestiture.

Cash provided by operating activities totaled $763.1 million compared with $214.3 million in the year-ago quarter. Capital and software expenditures were $64.9 million, resulting in free cash flow of $698.2 million compared with $134.7 million in the year-ago quarter. During the quarter, the company repurchased approximately $250 million of shares and paid dividends of $124.3 million.

Stanley Black Raises 2026 OutlookManagement raised its 2026 GAAP earnings guidance to $4.60-$5.45 per share from the prior range of $4.15-$5.35. Adjusted earnings are now projected in the range of $5.20-$5.80 per share, up from the earlier outlook of $4.90-$5.70.

The company also increased its free cash flow forecast to $600-$800 million from the previous expectation of $500-$700 million. Management said the revised guidance reflects the benefit from tariff refunds realized in the second quarter as well as taxes and fees associated with the CAM divestiture.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.

The consensus estimate has shifted -7.76% due to these changes.

VGM ScoresAt this time, Stanley Black & Decker has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock has a score of B on the value side, putting it in the second quintile for value investors.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Stanley Black & Decker has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Bank of Nova Scotia bought a new position in Nordson Corporation (NASDAQ:NDSN – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,953 shares of the industrial products company’s stock, valued at approximately $3,908,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Clearstead Trust LLC acquired a new position in Nordson during the 2nd quarter valued at about $25,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Nordson in the second quarter valued at approximately $30,000. CYBER HORNET ETFs LLC bought a new stake in shares of Nordson during the second quarter valued at approximately $31,000. N.E.W. Advisory Services LLC acquired a new position in shares of Nordson during the second quarter worth approximately $33,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Nordson during the second quarter worth approximately $34,000. 72.11% of the stock is currently owned by institutional investors and hedge funds.

Nordson Stock Performance Shares of NASDAQ NDSN opened at $333.58 on Wednesday. The stock’s fifty day simple moving average is $300.48 and its 200 day simple moving average is $287.87. The stock has a market capitalization of $18.58 billion, a price-to-earnings ratio of 33.73, a PEG ratio of 2.17 and a beta of 0.96. The company has a quick ratio of 1.18, a current ratio of 1.82 and a debt-to-equity ratio of 0.47. Nordson Corporation has a 52-week low of $220.06 and a 52-week high of $338.55.

Nordson (NASDAQ:NDSN – Get Free Report) last issued its quarterly earnings results on Wednesday, August 19th. The industrial products company reported $3.25 EPS for the quarter, beating the consensus estimate of $3.09 by $0.16. The business had revenue of $817.67 million during the quarter, compared to the consensus estimate of $779.49 million. Nordson had a net margin of 18.63% and a return on equity of 20.49%. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.73 EPS. Nordson has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, sell-side analysts forecast that Nordson Corporation will post 11.83 earnings per share for the current fiscal year. Nordson Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Thursday, June 18th were paid a $0.82 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.28 dividend on an annualized basis and a yield of 1.0%. Nordson’s payout ratio is 33.16%.

Analyst Ratings Changes NDSN has been the subject of several recent analyst reports. DA Davidson reissued a “buy” rating and issued a $345.00 price target on shares of Nordson in a research note on Thursday, August 20th. Wall Street Zen downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. KeyCorp reiterated a “buy” rating on shares of Nordson in a research report on Thursday, August 20th. Weiss Ratings raised shares of Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, June 29th. Finally, Robert W. Baird boosted their price target on shares of Nordson from $328.00 to $351.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Nordson presently has a consensus rating of “Moderate Buy” and an average price target of $326.57.

Check Out Our Latest Stock Analysis on NDSN

About Nordson (Free Report)

Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company’s portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson’s offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.

Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.

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Ancora Advisors LLC purchased a new position in Deere & Company (NYSE:DE – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,811 shares of the industrial products company’s stock, valued at approximately $1,149,000.

A number of other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Deere & Company during the 2nd quarter valued at $11,763,504,000. Norges Bank acquired a new position in Deere & Company during the fourth quarter valued at $1,715,633,000. Capital World Investors lifted its stake in Deere & Company by 53.9% in the 4th quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock worth $4,465,906,000 after acquiring an additional 3,358,264 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Deere & Company in the 2nd quarter worth about $1,259,279,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Deere & Company by 1,725.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,003,715 shares of the industrial products company’s stock worth $932,870,000 after acquiring an additional 1,893,972 shares during the period. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Trading Down 1.9% Shares of NYSE DE opened at $622.67 on Friday. The business has a 50 day simple moving average of $610.78 and a 200 day simple moving average of $593.08. Deere & Company has a 52 week low of $433.00 and a 52 week high of $674.19. The stock has a market cap of $168.08 billion, a price-to-earnings ratio of 34.59, a PEG ratio of 2.62 and a beta of 0.90. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10.

Deere & Company (NYSE:DE – Get Free Report) last posted its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. The firm had revenue of $12.61 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company earned $4.75 earnings per share. On average, research analysts predict that Deere & Company will post 18.09 earnings per share for the current fiscal year. Deere & Company Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $1.62 per share. The ex-dividend date is Wednesday, September 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. Deere & Company’s dividend payout ratio (DPR) is currently 36.00%.

Wall Street Analyst Weigh In DE has been the topic of several research analyst reports. Robert W. Baird lifted their target price on Deere & Company from $525.00 to $640.00 and gave the company a “neutral” rating in a research note on Friday, August 21st. Seaport Research Partners set a $570.00 price target on shares of Deere & Company in a report on Friday, August 14th. UBS Group lowered their price objective on shares of Deere & Company from $732.00 to $728.00 and set a “buy” rating on the stock in a research report on Friday, August 21st. Bank of America dropped their price objective on shares of Deere & Company from $672.00 to $607.50 and set a “neutral” rating on the stock in a research note on Friday, May 22nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Deere & Company from $570.00 to $585.00 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Deere & Company has an average rating of “Moderate Buy” and an average price target of $653.48.

View Our Latest Analysis on DE

Deere & Company News Summary Here are the key news stories impacting Deere & Company this week:

Positive Sentiment: Better-than-expected earnings and execution: Deere reported fiscal third-quarter earnings per share of $5.10, above the $4.69 analyst consensus, while revenue reached $12.61 billion versus expectations of $10.81 billion. Net income increased 7% year over year to $1.379 billion. Management cited strong factory output, disciplined cost control, favorable price realization, and steady construction and turf demand. Deere’s Q2 Earnings Call: Our Top 5 Analyst Questions Positive Sentiment: Construction and AI opportunities support diversification: Coverage highlighted growth in less traditional areas, including construction, where demand is benefiting from technology and infrastructure investment. Deere also entered a $10 million, three-year R&D partnership with Reservoir to accelerate rugged artificial-intelligence applications for high-value crop agriculture. Deere quarterly profits and construction growth Reservoir AI partnership with John Deere Positive Sentiment: Analyst support and shareholder return: DA Davidson raised its price target to $760, while RBC reaffirmed an “Outperform” rating. Deere also declared a quarterly dividend of $1.62 per share, payable November 9 to shareholders of record September 30. DA Davidson raises Deere price target RBC reaffirms Deere Outperform rating Deere quarterly dividend announcement Neutral Sentiment: Mixed segment picture: The earnings commentary suggests Deere’s diversified businesses, particularly construction and turf, are offsetting softer conditions in its largest agriculture-related division. Investors may therefore remain focused on the durability of farm-equipment demand and the company’s outlook. Negative Sentiment: Valuation leaves less room for disappointment: With the shares trading at roughly 35 times earnings, investors may be taking profits or showing caution despite the earnings beat, particularly if agricultural weakness persists or growth in newer businesses takes longer to scale. (Free Report)

Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.

The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.

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Citi's software research chief just called Oracle's brutal summer selloff a rare statistical anomaly and went on CNBC to argue the stock belongs in your portfolio. But his own reasoning contains a contradiction that changes everything about the trade.

Oracle (NYSE:ORCL | ORCL Price Prediction) has been the loudest cautionary tale in software this summer, which is exactly why Citi’s Tyler Radke went on CNBC today to argue the selloff has gone too far. Radke, co-head of U.S. software equity research at the bank, opened a positive catalyst watch on Oracle and called the drawdown “a 4 to 5 standard deviation move” driven largely by technical factors.

The stock closed at $148.87 on Wednesday, down 22.88% year to date and 35.71% below its price a year ago. Radke cited Oracle as down over 20% year to date and pacing for its first negative year in four.

His argument rests on three claims: the selling is mechanical, the growth is real, and the valuation is cheap. He describes Oracle as “growing revenue and earnings over 30% over the next few years” and trading at a mid-teens earnings multiple, which lines up with a forward P/E of 18x. The tension in his case is that he blames technical selling while acknowledging Oracle’s credit rating is teetering on the edge of investment grade. Those two things are not independent.

How Bad the Selloff Has Been Oracle traded as high as $341.82 in the past year and as low as $114.50. That is a rare range for a mature megacap software company, following a Q1 FY26 report where the stock jumped 35.95% on the day of earnings.

The Q4 FY2026 report on June 10, 2026, saw shares drop 8.53% on the day and 28.03% over the following 30 days, while the S&P 500 was up modestly over the same period.

Radke thinks that is overdone because the underlying booking data has continued to improve. Oracle finished FY26 with remaining performance obligations of $638 billion, up 363% year over year, and IaaS revenue grew 93% in Q4. Guidance for FY27 was set at $90 billion in revenue and $8.05 in non-GAAP EPS.

Reddit sentiment in early August was dominated by a post about Larry Ellison pledging 346 million Oracle shares as collateral for a loan. That narrative feeds forced selling if the stock keeps sliding.

What ATM Equity Issuance Does to a Share Price Radke told CNBC he wants Oracle to “communicate to investors that they’re done with this at the market equity issuance”. An at-the-market program allows a company to sell new shares directly in the open market at prevailing prices.

That is helpful for the company because it avoids discounting a marketed offering. It is painful for the stock because there is constant latent supply, and any rally can be met by the company itself selling into it.

Oracle disclosed plans to raise approximately $40 billion through debt and equity in fiscal 2027, including a $20 billion at-the-market equity issuance. That program is both a technical drag on the stock and a direct reflection of the fundamentals, because Oracle needs the equity for the AI data center buildout, which has to be powered, cooled, and networked by a whole cast of suppliers we profiled in a free report on the AI infrastructure names that aren’t chipmakers, and which is generating negative $23.7 billion in free cash flow.

When Radke calls the sell-off technical and also worries about the credit rating, that’s the same story told twice. The market is repricing a balance sheet that carries $218.7 billion in total liabilities against a capital plan that continues to grow.

Business Case Underneath the Financing Case Radke’s operating argument is stronger than his technical one. He said Oracle’s “database business is well positioned” and that its applications business is gaining share, growing faster than Salesforce and Workday.

The Q4 numbers back up the direction. Multi-cloud revenue grew 404% year over year, and management said global GPU utilization was 97.5%. Cloud applications revenue was $4.126 billion, up 10%.

Management expects OCI margins to settle in the 30% to 40% range, with a steady-state return on invested capital in the “high 20s”. Those numbers make a mid-teens forward multiple look interesting if you believe them.

The catch is that Radke’s 30%+ revenue and earnings growth figure is his estimate, not a company forecast, and it depends on Oracle continuing to sign multi-billion-dollar contracts without further diluting shareholders. Oracle’s next earnings report is expected on September 8, 2026, though the company has not confirmed the date.

What I Think About the Setup Radke’s most useful observation is that the investor day at the end of October is a real catalyst, because management could signal that new deals carry higher prepayments and do not require incremental financing. If they do, the technical overhang eases.

The problem is that Oracle has to earn that outcome. The $75 billion in bring-your-own-hardware and prepaid contracts disclosed in Q4 is genuinely helpful for capital intensity, but it does not, by itself, resolve the credit question.

At $148.87, the stock is pricing in the risk that another quarter of heavy capex and further equity supply keeps a lid on things through year-end. Radke can be right about the long-term trajectory and still early on the entry.

The setup looks like a legitimate dislocation with a fundamental overhang attached, more complicated than the clean technical story Radke framed it as. Anyone taking his side of the trade is betting that the September earnings report and October investor day give management a chance to change the financing narrative, and that is a real bet with a real timeline attached.

Contact [email protected] for any questions or corrections.

Connor Clark & Lunn Investment Management Ltd. lifted its position in Oracle Corporation (NYSE:ORCL – Free Report) by 147.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,097 shares of the enterprise software provider’s stock after acquiring an additional 7,813 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Oracle were worth $1,919,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. FSA Wealth Management LLC bought a new position in shares of Oracle during the 3rd quarter worth approximately $28,000. Mpwm Advisory Solutions LLC increased its position in shares of Oracle by 76.9% during the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after acquiring an additional 50 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in Oracle during the third quarter worth $35,000. HFM Investment Advisors LLC boosted its position in Oracle by 290.9% in the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock worth $25,000 after purchasing an additional 96 shares during the last quarter. Finally, Basepoint Wealth LLC bought a new position in Oracle in the 4th quarter valued at $26,000. 42.44% of the stock is owned by institutional investors.

Key Oracle News Here are the key news stories impacting Oracle this week:

Positive Sentiment: Citigroup placed Oracle on a 90-day “positive catalyst watch,” arguing that the recent selloff was excessive and that strong AI-cloud demand, a large backlog and upcoming earnings could drive a rebound. The view helped improve sentiment toward the stock. Investors Are Missing Oracle’s AI Boom. Citi Says Buy. Positive Sentiment: Wall Street remains broadly bullish, with one report citing a Strong Buy consensus and substantial potential upside. Other analysts and investors highlighted Oracle’s cloud infrastructure scale, AI exposure and improving growth prospects. Most Active Stocks: Oracle Tops List with 71% Upside Positive Sentiment: Oracle was named a Leader in Gartner’s 2026 Magic Quadrant for Supply Chain Management Suites, reinforcing the competitiveness of its Fusion Cloud SCM products and enterprise-software portfolio. Oracle Named a Leader in the 2026 Gartner Magic Quadrant Neutral Sentiment: Oracle has rallied about 18% over the past month from a deeply depressed level, but commentary questions whether the rebound represents a durable leadership position compared with other cloud stocks. September earnings are viewed as the next major test. Oracle Just Rallied 18% in a Month Negative Sentiment: Investors continue to debate whether Oracle can convert its sizable order book into revenue quickly enough. The company’s roughly $55.7 billion data-center buildout, elevated leverage and reported payroll reductions raise questions about funding, execution and future margins. Oracle Capex Funding and Debt Insider Buying and Selling at Oracle In other news, Vice Chairman Jeffrey Henley sold 400,000 shares of Oracle stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $159.16, for a total value of $63,664,000.00. Following the completion of the transaction, the insider directly owned 400,000 shares in the company, valued at approximately $63,664,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 40.90% of the company’s stock. Analyst Upgrades and Downgrades A number of equities research analysts have recently commented on the company. Wedbush lowered their target price on Oracle from $275.00 to $240.00 and set an “outperform” rating on the stock in a research note on Thursday, June 11th. Wolfe Research reaffirmed an “outperform” rating and issued a $225.00 price objective on shares of Oracle in a research report on Thursday, June 11th. Mizuho set a $320.00 target price on shares of Oracle in a research report on Wednesday, June 3rd. Oppenheimer raised their price target on shares of Oracle from $235.00 to $275.00 and gave the stock an “outperform” rating in a research note on Monday, June 8th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $190.00 price objective on shares of Oracle in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Oracle presently has an average rating of “Moderate Buy” and a consensus target price of $263.97.

Read Our Latest Research Report on ORCL

Oracle Stock Performance NYSE ORCL opened at $151.11 on Friday. The company’s 50 day moving average is $140.73 and its 200-day moving average is $160.60. Oracle Corporation has a 12-month low of $114.50 and a 12-month high of $345.72. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.21. The firm has a market cap of $435.27 billion, a P/E ratio of 25.92, a price-to-earnings-growth ratio of 0.94 and a beta of 1.72.

Oracle (NYSE:ORCL – Get Free Report) last released its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, topping the consensus estimate of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The company had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. During the same period last year, the firm earned $1.70 EPS. Oracle’s revenue for the quarter was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. Sell-side analysts predict that Oracle Corporation will post 6.49 earnings per share for the current year.

Oracle Announces Dividend The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, July 10th. Oracle’s dividend payout ratio (DPR) is presently 34.31%.

About Oracle (Free Report)

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.

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Key Takeaways WFC's ROTCE rose to 17.7% in Q2'26 from 15.2% a year ago, reaching its target range.Asset-cap removal is enabling WFC to expand loans, deposits and securities and support NII growth.Cost cuts, portfolio simplification and strong revenue growth will keep supporting profitability. Wells Fargo & Company (WFC - Free Report) has made significant progress in improving profitability following years of regulatory restrictions and operational restructuring. The bank’s return on tangible common equity (ROTCE) improved from 8% in the fourth quarter of 2020 to 14.6% by the end of 2025.

The improvement continued in 2026, bringing Wells Fargo closer to its 17-18% ROTCE target. In the second quarter of 2026, ROTCE reached 17.7%, up from 15.2% in the year-ago quarter and 14.5% in the first quarter. For the first half of 2026, ROTCE was 16.1% compared with 14.4% in the prior-year period.

A key catalyst is the removal of the Federal Reserve’s asset cap in June 2025, which had restricted WFC’s balance-sheet growth since 2018. With the cap removed and the final outstanding consent order closed in early 2026, the bank can now expand deposits, loans and securities holdings. This gives WFC greater flexibility to grow its balance sheet, generate net interest income and pursue opportunities across its businesses, particularly Markets and Corporate & Investment Banking.

Expense discipline remains another key driver of improving returns. Wells Fargo generated roughly $15 billion of gross expense savings from 2021 through 2025, while continuing to invest in technology, risk controls and growth initiatives. The bank is still pursuing incremental efficiencies across businesses and functions. Its branch count declined 1.3% year over year to 4,079, while headcount fell 7.2% to nearly 197,500 in the second quarter of 2026, marking the 24th consecutive quarter of reductions.

In addition, Wells Fargo has been pursuing a strategic exit from non-core and lower-return businesses to sharpen its focus on consumer banking, commercial lending and other high-return areas. The effort, led by CEO Charlie Scharf since 2019, aims to reduce costs and reallocate capital toward core franchises. As part of this strategy, WFC sold its rail lease portfolio to a joint venture of GATX Corporation and Brookfield Infrastructure Partners in January 2026. The continued simplification of operations, including the transformation of Home Lending, is helping the bank to improve efficiency and profitability over time.

Overall, a combination of stronger revenue growth opportunities, efficiency gains, improved profitability across operating segments and disciplined capital management could help Wells Fargo sustain ROTCE in the 17%-18% range.

How Are Other Banks Progressing Toward ROTCE Targets?Similar to Wells Fargo, Citigroup (C - Free Report) and Citizens Financial (CFG - Free Report) are making progress toward their medium-term ROTCE targets through revenue growth, cost efficiency and strategic initiatives.

Citigroup targets a medium-term ROTCE of 14-15%. Citigroup’s transformation is gaining traction, supported by strong growth across Services, Markets, Banking and Wealth, along with cost savings from workforce reductions, automation and technology investments.

Similarly, Citizens Financial targets a 16-18% ROTCE by 2027. Through Reimagine the Bank, branch optimization and Private Bank expansion, Citizens Financial is working to improve efficiency, drive revenue growth and strengthen its business mix.

WFC’s Price Performance, Valuation & EstimatesShares of Wells Fargo have gained 4% in the past year compared with the industry’s growth of 21.4%.

Price Performance
Image Source: Zacks Investment Research

From a valuation standpoint, WFC trades at a forward price-to-earnings (P/E) ratio of 11.01X, below the industry’s average of 13.89X.

Price-to-Earnings F12M
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for WFC’s 2026 and 2027 earnings implies year-over-year rallies of 15.5% and 9.5%, respectively. Estimates for both years have been revised upward over the past month.

Estimate Revision Trend

Image Source: Zacks Investment Research

WFC currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

BONK Moves Beyond Meme Coin StatusBonk is pushing further into utility territory with the launch of officially branded games on Betmode, an onchain casino platform. The new offering adds BONK-themed gaming experiences to Betmode's existing casino library, giving $BONK holders a branded entry point into crypto gambling on Solana.

The move marks a notable step for the project, which has spent much of its existence as a community-driven meme token. It now seeks a more defined role within the broader Web3 gaming ecosystem, following a pattern of attaching itself to real product verticals to sustain community interest and generate ongoing token demand beyond speculation.

Onchain Transparency and a Token Burn MechanismA key element of the partnership is how wagers and payouts are handled. Betmode records game activity directly on the blockchain, meaning players can independently verify results without relying on the platform's word.

Beyond the gaming experience, the partnership includes a deflationary component for the token. This mechanism is designed to reduce circulating supply over time and align platform activity with token demand.

For Bonk, the expansion into gaming continues a broader trend of meme coins building out real product use cases to sustain ecosystems long after the initial hype cycle fades.

Sources:
Coinfomania: Bonk Launches BONKplay Casino, Offering Up to $1M in Rewards
GottaGamble: Betmode Casino Review

ZURICH, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Digital Realty (NYSE: DLR), the world’s largest cloud- and carrier-neutral data center platform, today announced the start of construction on a new, state-of-the-art data center in Glattbrugg. The facility – ZUR4 – will provide 15 megawatts (MW) of IT capacity across approximately 6,300 m2 of space, serving the growing demand for digital infrastructure in one of Europe's most important data and financial hubs.

ZUR4 is planned to expand the already best-connected data center campus in Switzerland, comprising ZUR1, ZUR2, and ZUR3. Digital Realty's entire European portfolio, including its data centers in Switzerland, is powered by 100% renewable energy. ZUR2 has also been awarded the first-ever PLATINUM Plus certification by the Swiss Datacenter Efficiency Association (SDEA), which is a significant milestone for sustainable infrastructure and data center operations in Switzerland.

The new data center is designed to support high-density deployments and AI workloads. Thanks to state-of-the-art cooling systems and an energy-efficient architecture, it is planned to meet the growing requirements of companies driving innovation in AI and machine learning.

The campus also is expected to offer direct cloud connectivity with outstanding connectivity options and serves as a gateway to Digital Realty’s global data center platform, PlatformDIGITAL® with more than 300 data centers worldwide.

With ZUR4, Digital Realty is also expanding locally operated, highly secure data center capacity in Switzerland, supporting customers who have data location, resilience and connectivity requirements as part of their own digital infrastructure strategies.

“Our continued investments in Zurich and across Europe – including the ongoing construction of FRA20 in Frankfurt and VIE13 in Vienna – reflect both the strategic importance of the region and the growing demand for AI-optimized, data-sovereign and sustainable digital infrastructure,” says Yves Zischek, Managing Director of Digital Realty in Austria and Switzerland. “With ZUR4 and the continued expansion of our campus in Glattbrugg, we are creating a future-proof ecosystem that connects more than 200 customers on-site and more than 6,000 customers worldwide.”

“The expansion of ZUR4 vividly demonstrates how much digital infrastructure has become the backbone of the Canton of Zurich's economy. Investments like this not only secure jobs and innovative capacity, but also strengthen our digital self-determination as a location,” says Barbara Franzen, Member of the Cantonal Council, FDP, Canton of Zurich.

“Secure, locally anchored data infrastructure is crucial to our country's digital future. With ZUR4, Digital Realty will be making an important contribution to Switzerland's digital sovereignty, which is decisive, as well as to the innovative strength of the Canton of Zurich,” says Nik Gugger, Member of the National Council, EVP, and President of the Swiss Cyber Security Days.

Completion of ZUR4 is planned for 2028.

About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation, from cloud and digital transformation to emerging technologies like artificial intelligence (AI), and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 55+ metros across 30+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

For Additional Information

Media Contact
Rémi Andreassian
Digital Realty
+33 7 70 29 47 38
[email protected]

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 415 275 5344
[email protected]

Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to expected completion dates, ZUR4 capacity and other capabilities and expected benefits, expected growth in digital transformation, sustainability goals, company strategy and customer demand. For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Beacon Pointe Advisors LLC acquired a new position in shares of Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 43,183 shares of the basic materials company’s stock, valued at approximately $9,001,000.

Other large investors have also recently made changes to their positions in the company. Van ECK Associates Corp grew its stake in Franco-Nevada by 12.8% during the 4th quarter. Van ECK Associates Corp now owns 7,441,133 shares of the basic materials company’s stock valued at $1,542,402,000 after purchasing an additional 842,132 shares during the last quarter. First Eagle Investment Management LLC increased its holdings in shares of Franco-Nevada by 26.5% in the fourth quarter. First Eagle Investment Management LLC now owns 5,123,444 shares of the basic materials company’s stock valued at $1,062,037,000 after purchasing an additional 1,074,257 shares during the period. EdgePoint Investment Group Inc. raised its stake in shares of Franco-Nevada by 3.3% in the first quarter. EdgePoint Investment Group Inc. now owns 3,461,224 shares of the basic materials company’s stock worth $857,196,000 after purchasing an additional 110,222 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Franco-Nevada by 10.2% in the fourth quarter. Royal Bank of Canada now owns 2,808,645 shares of the basic materials company’s stock worth $582,177,000 after purchasing an additional 260,793 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Franco-Nevada during the fourth quarter worth about $578,577,000. 77.06% of the stock is owned by hedge funds and other institutional investors.

Franco-Nevada Stock Down 1.8% Shares of NYSE FNV opened at $266.33 on Friday. The firm has a market cap of $51.37 billion, a price-to-earnings ratio of 34.81, a price-to-earnings-growth ratio of 2.51 and a beta of 0.35. The company’s 50-day simple moving average is $224.15 and its 200-day simple moving average is $236.31. Franco-Nevada Corporation has a 52-week low of $181.50 and a 52-week high of $285.67.

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last issued its quarterly earnings results on Tuesday, August 11th. The basic materials company reported $1.81 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.14). Franco-Nevada had a net margin of 63.79% and a return on equity of 18.58%. The company had revenue of $580.90 million during the quarter, compared to analysts’ expectations of $616.66 million. During the same period in the prior year, the business posted $1.24 earnings per share. The company’s quarterly revenue was up 57.3% compared to the same quarter last year. Equities research analysts anticipate that Franco-Nevada Corporation will post 7.54 EPS for the current fiscal year. Franco-Nevada Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 10th will be given a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, September 10th. Franco-Nevada’s dividend payout ratio (DPR) is 23.01%.

Analyst Ratings Changes FNV has been the topic of a number of recent research reports. Royal Bank Of Canada dropped their target price on Franco-Nevada from $295.00 to $285.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Scotiabank reduced their price target on shares of Franco-Nevada from $290.00 to $274.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 14th. Zacks Research upgraded shares of Franco-Nevada from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Weiss Ratings downgraded shares of Franco-Nevada from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Finally, TD Securities upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating and set a $291.00 price objective on the stock in a research note on Wednesday, May 20th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $273.40.

Read Our Latest Stock Report on FNV

About Franco-Nevada (Free Report)

Franco-Nevada Corporation is a Toronto-based royalty and streaming company that specializes in securing and managing long-term interests in mining properties. The firm focuses primarily on precious metals, particularly gold, while also holding interests related to silver, copper, platinum-group metals and select base metals. Rather than operating mines directly, Franco-Nevada acquires royalty and streaming agreements that entitle it to a percentage of production or revenue from producing and developing assets in exchange for upfront or staged financing.

The company’s business model centers on providing capital to mining companies in return for a sustained share of production or metal revenue, which can reduce exposure to operating and capital cost risks typical of mine operators.

Read More Five stocks we like better than Franco-Nevada 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude? Okta Stock Surges 29%—Is $200 the Next Stop? Want to see what other hedge funds are holding FNV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV).

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Key Takeaways General Mills plans its biggest Life Protection Formula innovation year yet in fiscal 2027. Love Made Fresh retail sales rose about 80% in Q4, helped by new packaging and better in-store execution. Wilderness drove more than half of North America Pet's fiscal 2026 declines, prompting a broader revamp. General Mills, Inc. (GIS - Free Report) is stepping up efforts around Blue Buffalo as it seeks to strengthen its dog-feeding business while expanding initiatives in fresh pet food. The fiscal 2027 plan spans product innovation, packaging, benefit-led communication and e-commerce execution, with particular attention on the core Life Protection Formula line, Love Made Fresh and Wilderness.

The effort comes against a challenging backdrop for North America Pet. Organic net sales declined 3% in the fourth quarter of fiscal 2026, while all-channel retail sales fell approximately 1%, with the gap largely reflecting changes in retailer inventory. For the full year, organic net sales were also down 3%. However, the segment held dollar share in dog feeding and cat feeding, which together represented approximately 80% of retail sales.

For Blue Buffalo's core Life Protection Formula line, General Mills plans clearer communication around ingredient superiority, a refreshed head-to-head campaign, stronger social-first messaging, updated packaging and new pack sizes suited to pet parents shopping online. Fiscal 2027 is also expected to be the biggest year of innovation yet for the Life Protection Formula line.

Image Source: Zacks Investment Research

The company is also building on Love Made Fresh. Retail sales for the line accelerated roughly 80% in the fourth quarter, helped by a new stand-up resealable pouch and improved in-store execution. The fiscal 2027 focus is on driving trial and repeat purchases through better on-shelf availability and sharper natural superior nutrition messaging.

Wilderness remains another area of focus after accounting for more than half of North America Pet's declines in fiscal 2026. GIS is renovating packaging, optimizing offerings for e-commerce and emphasizing protein-forward innovation and communication. Together, these actions show a broad effort to address weaknesses in dog feeding while strengthening Blue Buffalo's offerings across core and fresh-food formats.

Shares of this Zacks Rank #3 (Hold) company have tumbled 12% year to date against the industry’s growth of 6.5%.

Better-Ranked Stocks to ConsiderThe Chefs' Warehouse, Inc. (CHEF - Free Report) is a distributor of specialty food and center-of-the-plate products across the United States, Canada and the Middle East. CHEF currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here

The Zacks Consensus Estimate for The Chefs' Warehouse’s current fiscal-year sales and earnings per share (EPS) implies growth of 10.6% and 33.7%, respectively, from the year-ago figures. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.

The Vita Coco Company, Inc. (COCO - Free Report) , a leading beverage company that develops, markets and distributes coconut water and other plant-based beverages, currently sports a Zacks Rank #1. COCO delivered a trailing four-quarter earnings surprise of 21.9%, on average.

The Zacks Consensus Estimate for The Vita Coco Company’s current fiscal-year sales and EPS calls for growth of 31.6% and 64.7%, respectively, from the year-ago figures.

Darling Ingredients Inc. (DAR - Free Report) , a global developer and producer of sustainable natural ingredients derived from edible and inedible bio-nutrients, currently carries a Zacks Rank of 2 (Buy).

The Zacks Consensus Estimate for Darling’s current fiscal-year sales calls for 11.5% growth from the prior-year levels. The consensus estimate for current fiscal-year EPS stands at $6.98, which implies a substantial improvement from the year-ago period. DAR delivered a trailing four-quarter earnings surprise of 38.9%, on average.

Campbell's (CPB - Free Report) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on September 3. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis maker of canned soup, Pepperidge Farm cookies and V8 juice is expected to post quarterly earnings of $0.40 per share in its upcoming report, which represents a year-over-year change of -35.5%.

Revenues are expected to be $2.15 billion, down 7.3% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.37% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Campbell?For Campbell, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -4.22%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Campbell will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Campbell would post earnings of $0.48 per share when it actually produced earnings of $0.50, delivering a surprise of +4.17%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Campbell doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

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Sony Music and Warner Chappell filed a lawsuit against Anthropic on Friday. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Sony Music and Warner Chappell want Anthropic to pay up.

The publishing companies filed a lawsuit against Anthropic in a Northern California district court on Friday. Anthropic cofounders Dario Amodei and Benjamin Mann were also named in the filing.

"Defendants Anthropic and its founders Dario Amodei and Benjamin Mann have conducted a brazen campaign of illegally torrenting, scraping, and downloading copyrighted works on a massive scale in order to develop, operate, and reap enormous profits from Anthropic's 'Claude' series of artificial intelligence ('AI') models," the companies said in the complaint.

Anthropic denied the accusations in a statement. "We disagree with the publishers' claims and we intend to defend ourselves robustly in court," the company said.

Sony Music Publishing and Warner Chappell Music said Anthropic collected "thousands upon thousands" of copyrighted songs, including 80s anthem "Eye of the Tiger," Marvin Gaye's "Ain't No Mountain High Enough," Mariah Carey's "All I Want for Christmas is You," and Taylor Swift's "Paper Rings."

In the lawsuit, the publishing companies said Anthropic has pirated their copyrighted works through a range of methods, including two digital archives, Library Genesis and Pirate Library Mirror. In June 2025, a judge ruled that Anthropic downloaded over 7 million pirated books to train Claude.

"Among the many millions of books that Defendants torrented from these illegal pirate websites were books containing the lyrics and sheet music to hundreds or more of Music Publishers' copyrighted musical compositions, identified in Exhibit A. Those works include 'Livin' On a Prayer,' 'September,' 'Great Balls of Fire,' 'Ramblin' Man,' and 'Hallelujah,'" the lawsuit says.

As a result, Claude models generate identical or near-identical copies of the copyrighted work in their responses to users, the companies alleged. In the lawsuit, the companies said training Claude on copyrighted content allows it to produce AI-generated lyrics that will ultimately compete with human-made songs.

Sony Music and Warner Chappell requested a jury trial. They're seeking statutory damages from Anthropic, including up to $150,000 for each composition it used to train Claude.

"Even the most revolutionary of technologies must develop within the bounds of the law, and Anthropic's Claude models are no different," the companies said in the complaint.

The AI industry has been targeted by a slew of copyright lawsuits since large language models like Claude and ChatGPT began to transform society.

Tech companies need troves of data to train their AI models, and go to great lengths to acquire it. Most recently, historians and archivists have accused AI companies of acquiring large numbers of antique books and feeding them into their LLMs, destroying them in the process.

Last September, Anthropic agreed to pay over $1.5 billion to authors to settle a class-action lawsuit related to pirated works. OpenAI, too, has faced several copyright lawsuits in recent years, including one from The New York Times and another from Encyclopedia Britannica.

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Lauren Edmonds You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Lauren Edmonds is an award-winning reporter on the Business News team. When news isn't breaking, she covers personal finance, kitchen-table economics, and paths to financial freedom, including investing, real estate, side hustles, and small business. She also writes about guaranteed and universal basic income programs in the United States.Lauren has also covered lifestyle and entertainment, digital culture, and more. She has a master's degree from the Columbia University Graduate School of Journalism and resides in New York City.Do you have an interesting story to tell? You can reach Lauren at [email protected] or on Signal at ledmonds0.07.Popular StoriesNetflix wants to be Disney when it grows up Why Hollywood is paying this 17-year-old up to $20,000 to boost film trailers with TikTok editsHere's all the free money Trump's talked about giving Americans during his second term — and where it all standsA 17-year-old earned $72,000 after investing his e-commerce profits into stocks. Here's why he bet on the tech industry.Lawmakers float a nationwide basic income experiment that would cover the cost of a 2-bedroom apartmentNearly 30,000 Americans have received about $335 million in basic income. Here are 5 takeaways. Americans ditch suffocating healthcare costs and divisive politics to retire in Italy: 'It's the way they approach life'From 'road-schooling' to gas that costs $500, this family of 4 shares what it's like living in a solar-powered Greyhound bus

Anthropic lawsuit

Block's Neighborhoods Adds 30,000 More Sellers as Square and Cash App Help Build Local Commerce Network Block, Inc. (NYSE: XYZ) today announced that Neighborhoods, the experience that connects Square sellers with Cash App customers to drive discovery, repeat visits, and local growth, has added 30,000 more sellers to the network, up nearly 10x from June. The expansion marks a new phase for Neighborhoods as Square and Cash App scale a local commerce network for both sellers and customers.

Built into their existing Square Point of Sale, Neighborhoods gives local businesses a new way to earn repeat visits. Customers can earn Local Cash2 equal to 10% of their order subtotal, up to $10 per order, on qualifying purchases with participating Neighborhoods sellers, then redeem it on a future visit. Cash App funds Local Cash during an initial period,3 giving sellers a no-cost way to reward customers and encourage repeat visits. Participating sellers appear on the map in the Neighborhoods tab in Cash App, where customers can discover and follow the businesses they love.

"Neighborhoods helps local businesses get discovered by new customers and then turn that first visit into a lasting relationship,” said Owen Jennings, Executive Officer and Head of Business, Block. “We're seeing a business's most loyal customers come back more often and spend more, which creates the repeat behavior that helps local businesses grow and thrive.”

Once a customer follows a business on Neighborhoods, the seller can reach them directly with marketing campaigns in Cash App, designed to bring followers back. New customers who follow a participating business and make a qualifying purchase may also receive a Cash App-funded first-time $5 Local Cash bonus.4

A model built to scale

Square has made Neighborhoods available to more eligible sellers through their existing Square Point of Sale. As of June 2026, Neighborhoods had scaled to sellers that represent a total of $1 billion in annualized gross payment volume (GPV), up more than 220% from March 2026.5

In June 2026, Neighborhoods became available on additional Square hardware, including Square Terminal, more than doubling the number of eligible sellers. Spend from followers reached 10% of seller GPV on average after three quarters on Neighborhoods, making them among the highest-value customers a seller can build.⁵

"We want to sell more coffee, build more regulars, and give people more reasons to come back – and Neighborhoods helps us do just that. Because it’s integrated with Square and Cash App, the experience feels seamless for our team and our customers, from updating menu availability in real time to letting customers order ahead and redeem Local Cash in store. We’ve seen it become part of people’s daily routines, including a longtime customer and dad on the go who uses it almost every day to order ahead before work,” said Hayden Swiderski, Applications Order Manager at Night Swim Coffee in Charlotte, North Carolina.

"Our vision at Keva Juice has always been to create an uplifting experience that gives customers a reason to return. Neighborhoods builds on that by connecting local businesses through one experience, instead of asking customers to keep up with another standalone app or isolated loyalty program. With Square and Cash App built in together, the technology does more of the work for us, so our team can stay focused on serving customers and creating the experience that keeps them coming back," said Gary Thomas, owner and CEO of Keva Juice with locations across Nevada and Colorado.

What's next

Block is ramping auto-enablement across the country and testing new ways to build density in local markets, including pairing seller activation with dedicated account management. The company is also focused on increasing awareness of Neighborhoods among Square sellers' employees.

To learn more about Neighborhoods, visit squareup.com/us/en/neighborhoods.

About Block

Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. Tidal is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system that is open to everyone. Block.xyz.

Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). See cash.app for more details.

1 Based on 26,260 enrolled customer–seller pairs and 162,404 comparison pairs at the 44 highest-adoption Neighborhoods sellers based on the top 10%, measured since 1/28/26 with at least 90 days of history per customer. Sellers were selected by share of transactions involving Local Cash. Enrollment is customer-initiated; differences reflect observed behavior, not a measured effect of the program.
2 Local Cash is for promotional purposes only and has no cash value. Terms and restrictions apply.
3 Cash App currently funds the cost of Local Cash rewards for the first 12 months. Not transferable or redeemable for cash. Offers and program terms subject to change. Additional terms apply.
4 Local Cash welcome bonus limited to one per customer, available for a limited time, when a customer makes a qualifying purchase and follows their first Neighborhoods seller. Valid Cash App account required. Local Cash offers may vary and are subject to change.
5 Block, Inc. Q2 2026 results

View source version on businesswire.com: https://www.businesswire.com/news/home/20260825494603/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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Snowflake (NYSE:SNOW) CEO Sridhar Ramaswamy said enterprise AI is shifting attention away from model benchmarks and toward the quality, governance and business context of the underlying data.

Speaking at The Six Five Summit 2026, Ramaswamy argued that rapid improvements in AI-assisted software development have made code cheaper and easier to create. In his view, that change increases the strategic importance of trusted enterprise data.

“Software is getting easier and easier to create,” Ramaswamy said. “That means that if you have great data, and Snowflake has always been about getting our customers to have great trusted data governed the right way, the value that you can get from it is pretty immense.” Data quality and governance as AI foundations Ramaswamy said businesses can increasingly use AI to explore revenue, customer pipelines, sales effectiveness and other operating data. However, he emphasized that models cannot overcome poorly understood or inaccurate data.

“The smartest model in the world cannot make sense of truly bad data,” he said.

He pointed to the importance of knowing how enterprise metrics are defined, noting that Snowflake itself distinguishes between metered consumption and GAAP revenue because they are governed by different accounting rules. Companies need a similar understanding of their own business definitions, he said, along with controlled access and semantic context around the data.

Governance is especially important for AI agents that can access enterprise systems, according to Ramaswamy. He said a sales representative using an AI agent should be limited to information related to that representative’s own accounts rather than being able to access data on every Snowflake customer.

“Getting that right, that’s not an option,” Ramaswamy said. “That is something that we absolutely have to do right.”

Modernization through an iterative approach Ramaswamy advised companies not to wait for comprehensive, multiyear data-cleanup efforts before beginning AI initiatives. Instead, he recommended an iterative approach focused on the most important business functions and data sources.

He said AI tools can speed up system integration, pipeline development and migrations, reducing projects that once took quarters or years to weeks or months. Snowflake’s CoCo tool was among the company products he cited as helping customers accelerate those activities.

“Don’t get caught in old ways of, ‘Oh, we need to clean up all our data before we can get everything done,’” Ramaswamy said.

He also encouraged companies to retain control of their data in interoperable formats, even as they use Snowflake to manage it. Enterprise applications, he said, should contribute to a shared company knowledge base rather than leave critical data isolated across separate systems or legacy environments.

Prioritize the data and functions most central to the business. Bring relevant information into a governed, accessible environment. Attach clear definitions and meaning to metrics and datasets. Use AI to automate routine work while preserving human judgment for decisions and trade-offs. Snowflake’s internal use of agentic AI Ramaswamy described Snowflake as using its own platform internally through a centralized environment called “Snowhouse,” which he said has collected company information for roughly a decade.

That centralized view supports a sales agent that combines Salesforce data with Snowflake customer consumption information, Workday HR data and sales-enablement material, according to Ramaswamy. The goal is to provide sales teams with a more complete picture of customers and business trends.

He also described using CoCo to analyze sales outcomes. The tool can suggest analytical dimensions for evaluating won and lost use cases, such as territory, product category and AI involvement, before agents collect and analyze data in parallel. Ramaswamy said agent “swarms” can run hundreds of invocations overnight to generate reports.

Those capabilities depend on “a rock-solid foundation” of data with defined meaning and appropriate governance, he said.

Cost controls and business value Ramaswamy said Snowflake advises customers to measure AI deployments against existing technology costs and set spending limits. He said the AI agents used by Snowflake’s sales organization cost less than the dashboarding licenses the company previously used.

“The tools that we provide for a particular function needs to cost less than what they’re already using,” he said.

Snowflake supports per-user budgets, he said, allowing customers to establish monthly limits for AI tools. Ramaswamy gave an example of a customer setting an average spend ceiling of $30 per user per month for a critical application.

He said the company’s focus is not on maximizing AI token usage, but on delivering measurable value. Snowflake also allows customers to optimize their Snowflake spending through CoCo without needing to involve the company’s sales team, he added.

Looking ahead, Ramaswamy said successful agentic enterprises will use AI to handle “drudgery” such as transformation, movement of information and communication overhead. That would enable employees to spend more time on judgment, decision-making and complex trade-offs.

“The enterprises that succeed are the ones that make their organizations more effective by having AI take care of the drudgery of work,” Ramaswamy said.

About Snowflake (NYSE:SNOW) Snowflake Inc is a cloud-native data platform company that provides a suite of services for storing, processing and analyzing large volumes of data. Its core offering, often described as the Snowflake Data Cloud, combines data warehousing, data lake and data sharing capabilities in a single managed service delivered across major public cloud providers. The platform is designed to support analytics, data engineering, data science and application workloads with a focus on scalability, concurrency and simplified administration.

Key products and capabilities include a multi-cluster, shared-data architecture that separates compute from storage; continuous data ingestion and streaming; support for structured and semi-structured data formats; tools for data governance, security and compliance; and developer frameworks for building data applications.

DETROIT — Goodyear Tire & Rubber CEO Mark Stewart sits in the vehicle bay of a tire shop where the company is launching a new retail experience for customers.

There's a freshly painted black facade on the revamped Detroit store, with the words "Motor City" added in white flanking Goodyear's winged foot logo. It's dressed up for a private event tied to a nearby annual car festival called the Woodward Dream Cruise.

But despite the stylish touches, it's still a tire shop. The smell of rubber and oil remains in the air, and the sound of workers changing tires combines with music from a DJ inside the shop's waiting room.

The scene symbolizes Stewart's ongoing "Goodyear Forward" turnaround plan. He's trying to make tires — a historically dirty business — more attractive to investors and friendlier for consumers.

"We have made so much progress, and when you think about it from the standpoint of the Goodyear Forward program, it was really to get our feet back on the ground towards being the iconic company that we always were," Stewart, wearing an unbuttoned navy blue Goodyear technician shirt, told CNBC during an interview at the shop.

But while Goodyear is well known for burning rubber, it's also burning cash as it restructures, tries to refinance, and pays down years of debt.

The company's capital expenditures were roughly $2 billion combined in 2024 and 2025, with expectations of $725 million this year. Its debt remained above $7 billion at the end of the second quarter.

Goodyear's net loss was $453 million through the first half of the year, while its operating income was $131 million, or a 1.6% margin. 

Under the turnaround plan, Stewart wanted Goodyear to reach a 10% operating margin by the end of last year. Instead, that came in at 8.5% in the fourth quarter, and it's still an outstanding goal for the company to hit that mark.

"We're working on getting to that double-digit margin, and we're working on meaningfully generating cash flow," Stewart said. "It's been a long time since Goodyear's done that. That we absolutely must do."

The automotive veteran was named CEO of Goodyear after leaving Chrysler parent Stellantis in January 2024. Since then, shares of the company have fallen more than 50% despite Goodyear achieving many of the milestones he's set out to accomplish with the plan.

Stewart doesn't make excuses for missing the targets, even though Goodyear's business, like many, has been impacted by tariffs, inflated raw material costs, and the expansion of cheaper Chinese products.  

"We still have a lot of geopolitical headwinds that we're working through … a lot of headwinds with raw material indexes and a bit of the hangover from the tariff environment," he said, adding that overseas manufacturers continue to have cost advantages compared to Goodyear.

Goodyear Tire & Rubber Co. stock

Goodyear's raw material costs are expected to be roughly flat year over year, but a $200 million headwind in the second half, largely due to higher commodity costs associated with the conflict in the Middle East, according to the company and Wall Street analysts.

"Goodyear has faced many big challenges over the past few years, ranging from slower consumer (and commercial) demand, to rising raw material costs, to higher capital expenditures (capex), to low-priced Asian imports (into the U.S.), and, more recently, to trade and tariff legislation. It hasn't been easy for Goodyear," Argus analyst Bill Selesky said in an Aug. 17 investor note.

Goodyear is rated a hold with a price target of $7.60, according to average analyst ratings compiled by FactSet. Its shares closed Friday at $6.35, down 27% this year.

Goodyear Forward rolls onThe Goodyear Forward turnaround strategy was initially expected to be a two-year plan that went through last year, but the CEO has continued it as he and his executive team map out what's next for the 128-year-old Akron, Ohio-based company.

"At the right time, we will announce that," Stewart said. "We continue to press ahead to the next challenges and make sure we get the business in the right space."

The Goodyear Forward plan had already been released when Stewart was named incoming CEO, but he has made it his own, including by adding cuts and cost savings. The turnaround plan has cut roughly $1.5 billion in annualized costs, according to the company.

Part of Stewart's plan has been to move Goodyear more into the premium tire segment, including by selling off units such as its Dunlop brand. It also plans to launch more than 1,600 new products this year, most of which are in higher-end segments with bigger margins.

The product restructuring comes as non-U.S. brands, especially Asia's Sumitomo and Yokohama, have been expanding globally with cheaper products in lower-end segments, according to Stewart.

Similar to how Chinese automakers have grown outside their own country, tire manufacturers have also been turning to more exports, including the U.S.

"We are not going to compete against a $6 or $10 converted tire. That's not who we are as Goodyear," Stewart said, referring to the manufacturing cost required to convert raw materials into a finished tire.

Despite global challenges, Goodyear's Asia-Pacific region is a bright spot for the company. Its segment operating income for the second quarter was $63 million, with an operating margin of 12.7%.

watch now

Its U.S. operations have been a main drag on the company's financials. Stewart is trying to turn that around as consumer demand slows.

The company said its cash burn is expected to continue into 2027 but moderate as the announced closure next year of a plant in Fayetteville, North Carolina, is expected to improve its Americas segment operating income by $270 million annually.

"We had to take a very difficult decision, but a necessary one to announce the closure of our Fayetteville, North Carolina facility. We absolutely didn't take that lightly, but we just didn't have a pathway to be competitive out of that facility," Stewart said. 

The Goodyear Forward plan was prompted by activist investor Elliott Investment Management revealing a stake in the company in 2023. A spokesperson for Elliott, which supported three new Goodyear board members, declined to comment on the company or the firm's current ownership status.

Goodyear blimps flying highPart of the Goodyear Forward strategy is to increase focus on marketing and advertising to connect with customers to reinforce the brand.

A large part of that — both physically and financially — comes from the company's iconic Goodyear blimps, which have flown as giant advertisements for more than a century.

"The blimp team and the marketing team have really embraced it. So we do a lot of activation around the blimp to literally sell tires," Stewart said. "When the blimp media marketing has their hat on, it's always in context of 'How do we tie this to the tires?'"

Stewart said Goodyear has leaned into the promotion, using social media platforms to tout its aircraft — and their connection to tires — and launching "buy to fly" campaigns in which tire retailers and consumers can win flights aboard its blimps. 

The company was showing off its revamped store alongside a Detroit event that attracts hundreds of thousands of car enthusiasts along a 16-mile stretch annually. To celebrate and get its advertising in front of tire buyers, it held a rare double-blimp appearance, according to the company. It also featured a collection of smaller "mini blimps."

"We've always made the tires worth bragging about," Stewart said. "We're just reminding people now, and that ties into our marketing and advertising as well."

CORRECTION: An earlier version of this story incorrectly said two Japanese companies, Sumitomo and Yokohama, are based in China.

It has been about a month since the last earnings report for United Parcel Service (UPS - Free Report) . Shares have added about 1% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is UPS due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for United Parcel Service, Inc. before we dive into how investors and analysts have reacted as of late.

Earnings Beat at UPS in Q2Quarterly adjusted earnings of $1.76 per share increased 13.5% year over year. The figure beat the Zacks Consensus Estimate of $1.65 by 6.7%. Revenues rose 7.6% to $22.83 billion and surpassed the consensus estimate of $21.75 billion by 5%. Growth across all three segments supported the top line, while International revenue per piece climbed 18.9%.

UPS' Domestic Revenues Rise on Strong PricingU.S. Domestic Package revenues increased 6% year over year to $14.93 billion, driven by a 9.3% improvement in revenue per piece. Average daily package volume declined to 16 million from 16.6 million a year earlier, indicating that pricing more than offset lower shipment activity.

Adjusted operating profit advanced 21% year over year to $1.19 billion. The adjusted operating margin expanded 100 basis points to 8%, even as adjusted cost per piece increased 8% to $13.09. The margin improvement reflects progress from UPS’ network reconfiguration and efficiency initiatives.

United Parcel Service’s International Sales JumpInternational Package revenues increased 12.5% year over year to $5.04 billion. The segment delivered the strongest revenue growth among UPS’ operating businesses, aided by the sharp increase in revenue per piece.

Adjusted operating profit declined 8.7% year over year to $623 million. The adjusted operating margin contracted to 12.4% from 15.2% in the prior-year quarter, showing that higher revenue did not translate into operating profit growth as segment expenses increased.

UPS Supply Chain Business Delivers Profit GrowthSupply Chain Solutions revenues rose 7.8% year over year to $2.86 billion. The improvement was primarily driven by growth in forwarding and logistics operations, including the healthcare business.

Adjusted operating profit increased 37.3% year over year to $291 million. The adjusted operating margin expanded 220 basis points to 10.2%, reflecting stronger operating leverage and making Supply Chain Solutions the company’s most improved segment on a profitability basis.

United Parcel Service Expands Adjusted MarginConsolidated adjusted operating profit rose 12% year over year to $2.10 billion. The adjusted operating margin increased to 9.2% from 8.8%, supported by profit growth in the U.S. Domestic Package and Supply Chain Solutions businesses.

On a GAAP basis, operating profit fell to $930 million from $1.82 billion, while diluted earnings declined to 71 cents per share from $1.51. Results included $1.17 billion of pretax transformation strategy costs, primarily related to employee separation expenses associated with the Driver Choice Program.

UPS Network Changes Produce Cost BenefitsUPS generated approximately $1.2 billion of benefits from its network reconfiguration and Efficiency Reimagined initiatives during the first six months of 2026. Management expects these programs to deliver approximately $3 billion of benefits for the full year.

The company completed its planned Amazon volume reduction and related network changes during the period. UPS has reduced its operational workforce and closed daily operations at certain facilities as it aligns network capacity with its changing shipment mix. The broader initiatives are expected to conclude by 2027.

United Parcel Service’s Free Cash Flow More Than DoublesCash provided by operating activities increased to $3.08 billion in the first six months of 2026 from $2.67 billion a year earlier. Capital expenditures declined to $1.72 billion from $2 billion.

Free cash flow more than doubled to $1.57 billion from $742 million. The improvement gives UPS greater flexibility to fund network investments, meet financial obligations and return capital to shareholders.

UPS’ 2026 Outlook RaisedManagement raised its full-year consolidated revenue outlook to approximately $91.2 billion from the prior view of $89.7 billion. UPS also lifted its adjusted operating profit target to approximately $8.65 billion and adjusted earnings guidance to approximately $7.22 per share.

Capital expenditures are still projected at roughly $3 billion. Dividend payments are expected to total around $5.4 billion, subject to board approval, while the effective tax rate is projected to be approximately 23%.

How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended downward during the past month.

The consensus estimate has shifted -6.4% due to these changes.

VGM ScoresCurrently, UPS has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of B on the value side, putting it in the top 40% for value investors.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, UPS has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Algert Global LLC reduced its stake in shares of Globe Life Inc. (NYSE:GL – Free Report) by 49.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,637 shares of the company’s stock after selling 34,510 shares during the quarter. Algert Global LLC’s holdings in Globe Life were worth $6,368,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Globe Life by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 10,090,885 shares of the company’s stock worth $1,411,311,000 after acquiring an additional 86,349 shares in the last quarter. BlackRock Inc. bought a new position in shares of Globe Life during the second quarter valued at $987,901,000. Invesco Ltd. grew its stake in shares of Globe Life by 2.7% in the fourth quarter. Invesco Ltd. now owns 3,948,676 shares of the company’s stock worth $552,262,000 after acquiring an additional 102,445 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Globe Life by 10.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,353,192 shares of the company’s stock valued at $327,479,000 after buying an additional 217,331 shares during the period. Finally, Morgan Stanley increased its position in Globe Life by 7.2% during the fourth quarter. Morgan Stanley now owns 1,860,257 shares of the company’s stock valued at $260,176,000 after acquiring an additional 125,567 shares during the last quarter. Institutional investors own 81.61% of the company’s stock.

Analyst Ratings Changes Several analysts have issued reports on GL shares. Keefe, Bruyette & Woods cut their price target on Globe Life from $192.00 to $190.00 and set an “outperform” rating for the company in a report on Friday, July 24th. Jefferies Financial Group raised their price objective on Globe Life from $147.00 to $166.00 and gave the company a “hold” rating in a research report on Friday, July 10th. Wells Fargo & Company increased their price objective on shares of Globe Life from $172.00 to $193.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. JPMorgan Chase & Co. lifted their target price on Globe Life from $181.00 to $201.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Finally, TD Cowen raised their price objective on shares of Globe Life from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $191.67.

Read Our Latest Report on Globe Life Insider Activity at Globe Life In other news, Director Cheryl Alston sold 8,258 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $179.24, for a total transaction of $1,480,163.92. Following the sale, the director owned 16,621 shares of the company’s stock, valued at approximately $2,979,148.04. This trade represents a 33.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Thomas Peter Kalmbach sold 25,650 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $178.58, for a total transaction of $4,580,577.00. Following the completion of the transaction, the chief financial officer directly owned 50,568 shares in the company, valued at $9,030,433.44. This trade represents a 33.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 151,908 shares of company stock worth $27,239,981 over the last ninety days. Company insiders own 2.11% of the company’s stock.

Globe Life Stock Performance Shares of GL opened at $175.56 on Thursday. The stock has a 50-day moving average of $178.63 and a two-hundred day moving average of $159.23. The stock has a market cap of $13.49 billion, a P/E ratio of 11.66 and a beta of 0.48. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.07 and a current ratio of 0.07. Globe Life Inc. has a one year low of $127.85 and a one year high of $191.55.

Globe Life (NYSE:GL – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $3.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.67 by ($0.06). The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. Globe Life had a net margin of 19.58% and a return on equity of 20.52%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.05 earnings per share. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. As a group, research analysts predict that Globe Life Inc. will post 15.71 EPS for the current year.

Globe Life Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Monday, October 5th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.8%. Globe Life’s dividend payout ratio (DPR) is presently 8.76%.

Globe Life declared that its Board of Directors has initiated a share repurchase program on Monday, August 10th that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to purchase up to 17.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

About Globe Life (Free Report)

Globe Life, traded on the NYSE under the symbol GL, is a U.S.-based insurance holding company that underwrites and distributes a range of life and supplemental health insurance products. Through its subsidiary brands—Globe Life, American Income Life, Liberty National Life, United American Insurance Company and Family Heritage Life—it offers term life, whole life, fixed annuities and supplemental health coverage designed to meet the needs of individuals and families across various socioeconomic segments.

The company’s product suite includes low-cost, easy-to-understand life insurance policies, accidental death and dismemberment coverage, hospital indemnity plans and specified disease insurance.

Read More Five stocks we like better than Globe Life Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise Alcoa’s Gallium Project Opens a New Door Beyond Aluminum Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech Can Tesla’s Flying Roadster Distract From Its Real Risks? Want to see what other hedge funds are holding GL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Globe Life Inc. (NYSE:GL – Free Report).

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Bank of New York Mellon Corp lessened its stake in Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 5.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,215,058 shares of the retailer’s stock after selling 176,566 shares during the period. Bank of New York Mellon Corp owned approximately 0.72% of Costco Wholesale worth $3,007,590,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Costco Wholesale during the 4th quarter valued at about $27,000. Lifetime Wealth Management P.C. purchased a new stake in shares of Costco Wholesale during the 4th quarter valued at about $28,000. Mcguire Capital Advisors Inc. bought a new position in shares of Costco Wholesale in the 4th quarter worth approximately $28,000. Entrust Financial LLC purchased a new position in shares of Costco Wholesale in the fourth quarter worth approximately $31,000. Finally, Joseph Group Capital Management purchased a new position in shares of Costco Wholesale in the fourth quarter worth approximately $33,000. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Costco Wholesale In related news, Director Kenneth D. Denman sold 885 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total value of $847,343.25. Following the transaction, the director directly owned 4,779 shares of the company’s stock, valued at approximately $4,575,653.55. The trade was a 15.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Key Costco Wholesale News Here are the key news stories impacting Costco Wholesale this week: Positive Sentiment: Costco’s membership program is being highlighted as an underappreciated growth engine. Recurring membership fees support profitability and customer loyalty, potentially providing a durable catalyst if renewal rates and membership growth remain strong. Costco Has a Secret Growth Engine Positive Sentiment: Costco’s partnership with SCAN Health Plan to offer a limited selection of Medicare Advantage and Medicare Supplemental plans gives the retailer a potential new membership and services opportunity. The near-term financial impact is unclear, but the initiative could broaden Costco’s ecosystem and customer reach. Healthcare CEO partnering with Costco outlines Medicare offerings Neutral Sentiment: Golden Reserve Retirement increased its Costco position by 133.9%, purchasing 592 additional shares. The investment signals confidence, but the resulting holding of only 1,034 shares is too small to materially affect Costco’s outlook. Golden Reserve increases Costco position Neutral Sentiment: Consumer-focused articles highlighting savings, popular products and school snacks reinforce Costco’s value proposition, but they do not provide new financial information likely to move the stock. Coverage also reported zero short interest, though the figures appear incomplete or unreliable. Negative Sentiment: Costco is refunding customers for duties it says were unlawfully collected on certain tariffed goods while fighting a related class-action lawsuit. Refund costs, possible legal liabilities and reputational damage could pressure results, although the refunds may help preserve customer trust. Why Is Costco Refunding Tariff Duties? Costco Wholesale Trading Down 0.4% Shares of COST stock opened at $956.12 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The stock has a fifty day simple moving average of $946.25 and a two-hundred day simple moving average of $980.63. The firm has a market capitalization of $424.02 billion, a PE ratio of 48.09, a PEG ratio of 4.57 and a beta of 0.87. Costco Wholesale Corporation has a 52-week low of $844.06 and a 52-week high of $1,096.50.

Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings data on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). The business had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $70.12 billion. Costco Wholesale had a net margin of 3.01% and a return on equity of 28.04%. During the same quarter in the previous year, the firm earned $4.28 earnings per share. On average, analysts predict that Costco Wholesale Corporation will post 20.42 EPS for the current fiscal year.

Costco Wholesale Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were paid a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, July 24th. Costco Wholesale’s dividend payout ratio (DPR) is 29.58%.

Analyst Ratings Changes COST has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $1,120.00 target price on shares of Costco Wholesale in a report on Thursday, August 6th. JPMorgan Chase & Co. cut their price objective on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Oppenheimer boosted their price objective on shares of Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Citigroup started coverage on Costco Wholesale in a research note on Thursday, June 18th. They issued a “neutral” rating and a $1,020.00 price objective for the company. Finally, Mizuho set a $1,100.00 target price on Costco Wholesale in a report on Monday, June 1st. Twenty-two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average price target of $1,059.53.

View Our Latest Stock Report on Costco Wholesale

Costco Wholesale Profile (Free Report)

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.

Further Reading Five stocks we like better than Costco Wholesale Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise Alcoa’s Gallium Project Opens a New Door Beyond Aluminum Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech Can Tesla’s Flying Roadster Distract From Its Real Risks? Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).

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Bank of Nova Scotia bought a new position in First Solar, Inc. (NASDAQ:FSLR – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,865 shares of the solar cell manufacturer’s stock, valued at approximately $3,271,000.

Several other large investors also recently made changes to their positions in the company. Commonwealth Retirement Investments LLC acquired a new position in shares of First Solar during the fourth quarter worth approximately $26,000. Reflection Asset Management bought a new position in First Solar in the 4th quarter worth approximately $26,000. Strategic Wealth Investment Group LLC acquired a new stake in First Solar in the 2nd quarter valued at approximately $26,000. Larson Financial Group LLC increased its position in First Solar by 117.0% in the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after acquiring an additional 55 shares during the period. Finally, Elyxium Wealth LLC bought a new stake in First Solar during the 4th quarter valued at $30,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar Price Performance FSLR opened at $206.82 on Wednesday. The company has a market capitalization of $22.22 billion, a PE ratio of 12.75, a price-to-earnings-growth ratio of 0.45 and a beta of 1.75. First Solar, Inc. has a fifty-two week low of $182.99 and a fifty-two week high of $320.95. The business has a 50-day moving average of $226.41 and a 200-day moving average of $223.78.

First Solar (NASDAQ:FSLR – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.90 by $1.02. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company posted $3.18 earnings per share. First Solar’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, equities research analysts expect that First Solar, Inc. will post 17.77 earnings per share for the current fiscal year. Analysts Set New Price Targets A number of research analysts have issued reports on FSLR shares. UBS Group boosted their price target on First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. The Goldman Sachs Group lifted their price objective on shares of First Solar from $300.00 to $310.00 in a research note on Friday, May 1st. Freedom Capital raised shares of First Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. HSBC raised shares of First Solar from a “hold” rating to a “buy” rating in a research note on Friday, August 7th. Finally, Evercore restated a “positive” rating and set a $218.00 price target on shares of First Solar in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $264.44.

View Our Latest Research Report on FSLR

Insider Buying and Selling at First Solar In other news, insider Caroline Stockdale sold 10,628 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the transaction, the insider owned 23,792 shares in the company, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jason E. Dymbort sold 3,700 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total value of $922,706.00. Following the transaction, the general counsel owned 5,624 shares in the company, valued at $1,402,513.12. This represents a 39.68% 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 a total of 25,709 shares of company stock valued at $6,386,163 in the last three months. 0.39% of the stock is owned by insiders.

Key First Solar News Here are the key news stories impacting First Solar this week:

Positive Sentiment: Value appeal: Zacks identifies First Solar as a top-ranked value stock, potentially supporting investor interest given its reported earnings strength and relatively low valuation metrics. First Solar Is a Top-Ranked Value Stock Neutral Sentiment: Short-interest data offers no actionable signal: The latest report lists short interest at zero shares and a zero-day days-to-cover ratio, unchanged from the prior period. Because the figures include an apparent calculation error (“NaN” increase), they should not be interpreted as evidence of either short covering or heightened bearish positioning. Negative Sentiment: Legal overhang intensifies: Multiple law firms are promoting a securities class action against First Solar and seeking investors to serve as lead plaintiff. The reported claims focus on alleged misrepresentations regarding underutilization of Series 6 module production and the costly challenges of expanding manufacturing operations in South Carolina. The allegations have not been proven, but the repeated announcements may weigh on sentiment by raising potential financial, legal and reputational risks. First Solar Investor Alert Levi and Korsinsky First Solar Lawsuit Alert About First Solar (Free Report)

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.

See Also Five stocks we like better than First Solar Pathward’s Credit Scare Tests Its Comeback Story Wiring the AI Boom: Rumble’s $13.7B Pivot StoneX: Too Far Too Fast? DICK’s Sporting Goods Faces Pain Now for a Bigger Prize Want to see what other hedge funds are holding FSLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Solar, Inc. (NASDAQ:FSLR – Free Report).

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Key Takeaways Gilead won EU approval for Trodelvy plus Keytruda in first-line metastatic TNBC with PD-L1 expression.Trodelvy cut disease progression or death risk by 35% versus chemotherapy plus Keytruda in ASCENT-04.Trodelvy sales rose 26% to $457 million in Q2, driven by stronger demand across breast cancers. Gilead Sciences, Inc.  (GILD - Free Report) recently announced that the European Commission (EC) has approved label expansion of the breast cancer drug Trodelvy (sacituzumab govitecan-hziy).

The EC granted marketing authorization to Trodelvy in combination with Merck’s (MRK - Free Report) Keytruda (pembrolizumab) for the treatment of adult patients with unresectable, locally advanced or metastatic triple-negative breast cancer (TNBC) who have not received prior systemic therapy for metastatic disease and whose tumors express PD-L1 with a combined positive score (CPS ≥10).

Trodelvy, a first-in-class Trop-2-directed antibody-drug conjugate (ADC), is already approved in several countries for second-line or later metastatic TNBC and in more than 50 countries for certain patients with pre-treated HR+/HER2- metastatic breast cancer (mBC).

Per GILD, Trodelvy plus Keytruda is the first and only ADC plus immunotherapy combination to be approved in first-line metastatic TNBC in the European Union’s 27 member states, as well as Norway, Iceland and Liechtenstein.

Shares of GILD have gained 20.4% year to date compared with the industry’s growth of 10.7%.

Image Source: Zacks Investment Research

More on EC’s Latest Label Expansion of GILD’s TrodelvyThe latest EC approval is based on positive results from the late-stage ASCENT-04/KEYNOTE-D19 study, which showed a statistically significant and clinically meaningful improvement in progression-free survival with Trodelvy plus Keytruda compared with standard-of-care chemotherapy plus Keytruda as a first-line treatment. In the study, Trodelvy reduced the risk of disease progression or death by 35% in patients with PD-L1-positive metastatic TNBC.

The latest decision follows the EC’s recent approval of Trodelvy as a monotherapy for adults with unresectable, locally advanced or metastatic TNBC who have not received prior systemic therapy for metastatic disease and are not eligible for PD-1 or PD-L1 inhibitor treatment.

Together, the approvals position Trodelvy as a potential backbone therapy for first-line metastatic TNBC in Europe, regardless of PD-L1 status. The expanded indication offers a new treatment option for patients with this aggressive form of breast cancer at the onset of metastatic disease.

Trodelvy is also approved in first-line mTNBC in the United States, either as a single agent for patients who are not candidates for PD-(L)1 inhibitor-based therapy or in combination with Keytruda (pembrolizumab) or Keytruda Qlex (subcutaneous injection of Keytruda) for patients whose tumors express PD-L1 (CPS ≥10) as determined by an FDA-authorized test.

The drug is currently being evaluated in multiple ongoing late-stage studies across a range of tumor types with high Trop-2 expression, including lung and gynecologic cancers, where previous proof-of-concept studies have demonstrated clinical activity.

Merck and Gilead Sciences had earlier announced discontinuation of the phase III KEYNOTE-D46/EVOKE-03 study evaluating Trodelvy in combination with Keytruda as a first-line treatment for patients with metastatic non-small cell lung cancer (NSCLC) whose tumors express high levels of PD-L1 (TPS ≥50%).

GILD’s Efforts to Diversify Revenue BaseThe recent label expansions are expected to strengthen Trodelvy's commercial opportunity and reinforce its position as a key growth driver within Gilead's oncology portfolio.

Trodelvy sales increased 26% year over year to $457 million in the second quarter, driven by stronger demand across triple-negative and previously treated HR-positive/HER2-negative metastatic breast cancer.

GILD is looking to strengthen its oncology franchise and diversify its revenue base, which is highly concentrated on HIV business.

Gilead’s recent aggressive dealmaking strategy, including the acquisitions of Arcellx and Tubulis, underscores its commitment to diversifying beyond its core HIV franchise and expanding into higher-growth oncology and immunology markets.

Gilead recently delivered a strong second quarter, with both earnings and revenues exceeding expectations. The HIV franchise remains the principal growth engine, supported by Biktarvy's durability and rapid expansion of the prevention business.
Descovy and Yeztugo’s strong performance is boosting the top-line growth. Per GILD, Yeztugo has quickly become the leading long-acting PrEP option for new patient starts.

Approval of additional better treatments should bolster GILD’s HIV franchise in the wake of increasing competition from the likes of GSK plc (GSK - Free Report) .

HIV sales account for a major chunk of GSK’s Specialty Medicines portfolio. GSK continues to grow its HIV business, driven by strong patient demand for long-acting injectable medicines (Cabenuva and Apretude) and Dovato. The solid growth from these drugs has helped GSK combat the decline in Triumeq sales.

GILD’s Zacks Rank