Amova Asset Management Americas Inc. lessened its holdings in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 58.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 309,717 shares of the company’s stock after selling 441,712 shares during the quarter. Amova Asset Management Americas Inc. owned 0.05% of Airbnb worth $39,080,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of ABNB. Transamerica Financial Advisors LLC boosted its stake in Airbnb by 143.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after purchasing an additional 112 shares in the last quarter. ORG Partners LLC increased its stake in Airbnb by 97.0% during the 4th quarter. ORG Partners LLC now owns 195 shares of the company’s stock valued at $26,000 after purchasing an additional 96 shares in the last quarter. Entrust Financial LLC purchased a new position in shares of Airbnb in the fourth quarter worth $27,000. Aventura Private Wealth LLC purchased a new position in shares of Airbnb in the fourth quarter worth $29,000. Finally, Meeder Asset Management Inc. lifted its stake in shares of Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock worth $27,000 after buying an additional 105 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.
Insider Activity In related news, Director Joseph Gebbia sold 2,460 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $150.00, for a total transaction of $369,000.00. Following the sale, the director directly owned 2,595,119 shares of the company’s stock, valued at approximately $389,267,850. This represents a 0.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Kenneth I. Chenault sold 8,346 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $150.00, for a total transaction of $1,251,900.00. Following the sale, the director owned 40,879 shares in the company, valued at approximately $6,131,850. This represents a 16.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,256,652 shares of company stock worth $312,089,856 over the last 90 days. Company insiders own 27.21% of the company’s stock.
Airbnb Price Performance Shares of ABNB opened at $144.94 on Tuesday. The business’s 50-day moving average is $139.29 and its two-hundred day moving average is $134.46. The company has a market capitalization of $87.36 billion, a P/E ratio of 35.70, a P/E/G ratio of 1.56 and a beta of 1.14. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $150.88. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44.
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.05). The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The business’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period last year, the firm earned $0.24 EPS. Research analysts predict that Airbnb, Inc. will post 4.92 earnings per share for the current year.
Analyst Ratings Changes Several equities analysts recently issued reports on ABNB shares. Wedbush began coverage on Airbnb in a research report on Thursday, July 16th. They issued a “neutral” rating and a $152.00 target price on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $170.00 price target on shares of Airbnb in a research report on Friday, May 8th. Tigress Financial dropped their price target on Airbnb from $200.00 to $185.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Weiss Ratings raised Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. Finally, Truist Financial raised their price objective on Airbnb from $129.00 to $134.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $159.65.
View Our Latest Research Report on Airbnb
Airbnb Profile (Free Report)
Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.
Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.
Further Reading Five stocks we like better than Airbnb The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding ABNB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Airbnb, Inc. (NASDAQ:ABNB – Free Report).
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California Public Employees Retirement System reduced its holdings in Dollar General Corporation (NYSE:DG – Free Report) by 24.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 425,795 shares of the company’s stock after selling 140,131 shares during the quarter. California Public Employees Retirement System owned about 0.19% of Dollar General worth $50,555,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Kera Capital Partners Inc. lifted its position in shares of Dollar General by 11.1% in the first quarter. Kera Capital Partners Inc. now owns 4,040 shares of the company’s stock valued at $480,000 after acquiring an additional 403 shares in the last quarter. Graphene Investments SAS raised its stake in Dollar General by 7.8% during the first quarter. Graphene Investments SAS now owns 24,800 shares of the company’s stock worth $2,945,000 after purchasing an additional 1,800 shares during the period. SteelPeak Wealth LLC boosted its holdings in shares of Dollar General by 983.7% in the 1st quarter. SteelPeak Wealth LLC now owns 26,268 shares of the company’s stock valued at $3,119,000 after purchasing an additional 23,844 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Dollar General in the 1st quarter valued at about $4,392,000. Finally, Evergreen Advisors LLC acquired a new position in shares of Dollar General in the 1st quarter valued at about $25,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.
Dollar General Price Performance Shares of DG opened at $124.80 on Tuesday. The firm has a market capitalization of $27.53 billion, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 1.91 and a beta of 0.25. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The stock’s fifty day moving average is $112.26 and its 200-day moving average is $127.43.
Dollar General (NYSE:DG – Get Free Report) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. The business had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current year.
Dollar General Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, July 7th. Dollar General’s payout ratio is 33.38%.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on DG shares. Gordon Haskett lowered Dollar General from a “buy” rating to a “hold” rating and lowered their target price for the company from $140.00 to $110.00 in a research note on Friday, May 22nd. BMO Capital Markets decreased their price objective on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating for the company in a report on Wednesday, June 3rd. Citigroup lowered their price target on Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Dollar General in a research report on Wednesday, July 8th. Finally, Wall Street Zen cut shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $131.27.
Get Our Latest Report on DG
About Dollar General (Free Report)
Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.
Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.
See Also Five stocks we like better than Dollar General The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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SummaryDollar General remains a buy, with shares still undervalued around $127 despite a recent rally.DG's recent quarterly results show positive momentum: 1.4% traffic growth and a 2% same-store sales increase.Risks include market saturation, rising competition from Aldi, Walmart, and Amazon, and the threat of grocery delivery eroding DG’s convenience edge.I advise moderate position sizing as DG approaches potential saturation and faces intensifying headwinds. M. Suhail/iStock Editorial via Getty Images
Dollar General (DG) has topped $127, rebounding from a hard crash earlier this year. It’s fair to wonder if the rally is over, but the valuation remains reasonable and the quarterly report some weeks back points
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of DG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
CHICAGO--(BUSINESS WIRE)--Today, the Kraft Heinz Company and The Walt Disney Company announced a landmark, long-term multi-year strategic alliance, bringing together two of the world's most iconic companies. The enterprise-wide alliance spans foodservice, media, events and more—creating a platform for innovation and storytelling that reaches families wherever they engage with Disney and Kraft Heinz brands both in parks and cruises, and at home. The alliance will show up across Disney's North Am.
California Public Employees Retirement System reduced its holdings in shares of VeriSign, Inc. (NASDAQ:VRSN – Free Report) by 7.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 202,628 shares of the information services provider’s stock after selling 15,659 shares during the period. California Public Employees Retirement System owned approximately 0.22% of VeriSign worth $50,325,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of the business. DV Equities LLC acquired a new stake in shares of VeriSign during the fourth quarter worth about $28,000. Sunbelt Securities Inc. increased its position in VeriSign by 429.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 127 shares of the information services provider’s stock valued at $36,000 after acquiring an additional 103 shares during the period. Advisors Asset Management Inc. increased its position in VeriSign by 25.3% in the 1st quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock valued at $50,000 after acquiring an additional 40 shares during the period. Activest Wealth Management raised its stake in VeriSign by 788.0% during the 4th quarter. Activest Wealth Management now owns 222 shares of the information services provider’s stock valued at $54,000 after acquiring an additional 197 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its stake in VeriSign by 120.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 234 shares of the information services provider’s stock valued at $57,000 after acquiring an additional 128 shares during the last quarter. 92.90% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets In other news, CEO D James Bidzos sold 3,300 shares of the stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $266.09, for a total value of $878,097.00. Following the completion of the transaction, the chief executive officer owned 422,839 shares in the company, valued at $112,513,229.51. This trade represents a 0.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas C. Indelicarto sold 250 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $269.23, for a total transaction of $67,307.50. Following the completion of the transaction, the executive vice president owned 36,051 shares of the company’s stock, valued at $9,706,010.73. This represents a 0.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 26,300 shares of company stock valued at $7,125,942. 0.56% of the stock is owned by corporate insiders.
VeriSign Trading Down 0.0% Shares of VRSN opened at $277.61 on Tuesday. VeriSign, Inc. has a twelve month low of $208.86 and a twelve month high of $312.48. The stock’s 50 day moving average is $278.56 and its two-hundred day moving average is $258.66. The firm has a market capitalization of $25.26 billion, a PE ratio of 30.68 and a beta of 0.71.
VeriSign (NASDAQ:VRSN – Get Free Report) last released its earnings results on Thursday, April 23rd. The information services provider reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.04. VeriSign had a negative return on equity of 39.98% and a net margin of 49.95%.The company had revenue of $428.90 million for the quarter, compared to analysts’ expectations of $424.50 million. During the same quarter in the previous year, the firm posted $2.10 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. On average, sell-side analysts predict that VeriSign, Inc. will post 9.45 EPS for the current year.
Analysts Set New Price Targets Several brokerages have weighed in on VRSN. JPMorgan Chase & Co. lifted their target price on VeriSign from $285.00 to $308.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Robert W. Baird upped their price target on VeriSign from $305.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Citigroup increased their price target on VeriSign from $295.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of VeriSign in a research report on Wednesday, June 24th. Finally, Wedbush assumed coverage on shares of VeriSign in a research note on Thursday, July 16th. They issued an “outperform” rating and a $318.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $325.25.
View Our Latest Stock Report on VeriSign
About VeriSign (Free Report)
VeriSign, Inc (NASDAQ: VRSN) is an internet infrastructure company that operates critical components of the global Domain Name System (DNS) and provides cybersecurity-related services. The company is best known as the authoritative registry operator for the .com and .net top-level domains, maintaining the central databases and zone files that enable domain name resolution for millions of websites. VeriSign’s registry role is performed under contractual agreements with Internet Corporation for Assigned Names and Numbers (ICANN) and involves high-availability, highly secure operations to support continuous internet connectivity.
In addition to its registry business, VeriSign offers a suite of services designed to protect and accelerate DNS and internet traffic for enterprises and service providers.
Further Reading Five stocks we like better than VeriSign The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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, /PRNewswire/ -- Lemonade (NYSE: LMND), the tech-first insurance company, today announced the availability of its renters insurance in Nebraska. The expansion gives renters across the state a simple, fast way to get coverage that fits their lifestyles.
Lemonade Renters provides flexible coverage options via an app where renters can get quotes, purchase policies, update existing policies, and file claims, all in one place. Over 50% of claims are handled instantly, helping renters receive assistance more quickly after a covered loss.
"Renters in Nebraska deserve the same easy insurance experience as everyone else," said Dan Timsit, Head of Renters Insurance at Lemonade. "We built Lemonade to cut through the complexity that makes traditional insurance painful. We offer simple quotes, instant claims, and rates that don't break the bank. Now we can deliver that to Nebraska, too."
Coverage starts at just $5 per month, making it one of the more affordable renters insurance options available. Based on company and industry data, Lemonade's renters insurance rates are approximately 30% lower than the national average.
Customers may also be eligible for additional savings through policy bundling, having qualifying home safety devices, or choosing annual billing.
Lemonade currently serves more than 3 million active customers and has earned recognition from organizations and publications including Forbes, CNBC, and U.S. News & World Report for its insurance products and customer experience.
For a full list of Renters state availability, visit Lemonade.com.
About Lemonade
Lemonade's mission is to become the most loved insurance company in the world. As a customer-centric tech company, we created an insurance experience across Renters, Home, Pet, Car, and Life that is smart, instant, and delightful. Our team of 1,200+ Lemonade Makers make it possible for over 3M customers throughout the US, UK and Europe to get coverage instantly, with nearly half of claims paid in a matter of seconds. Powered by AI and social impact, Lemonade is a purpose-built, technology-first insurance carrier. A Certified B-Corp, our commitment to social impact is embedded in every aspect of the company, and our Giveback program, which donates a percentage of leftover premiums to nonprofits selected by our community, has donated over $10M to organizations in need.
Andra AP fonden raised its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 5.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 407,700 shares of the company’s stock after purchasing an additional 22,663 shares during the period. Palantir Technologies accounts for 0.7% of Andra AP fonden’s holdings, making the stock its 19th biggest position. Andra AP fonden’s holdings in Palantir Technologies were worth $59,638,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also modified their holdings of the stock. Wilkerson Advisory Group LLC increased its stake in shares of Palantir Technologies by 247.5% during the first quarter. Wilkerson Advisory Group LLC now owns 1,032 shares of the company’s stock worth $151,000 after purchasing an additional 735 shares in the last quarter. Dale Q Rice Investment Management Ltd lifted its stake in Palantir Technologies by 15.8% in the 1st quarter. Dale Q Rice Investment Management Ltd now owns 5,783 shares of the company’s stock valued at $846,000 after buying an additional 789 shares in the last quarter. Glenview Trust Co lifted its stake in Palantir Technologies by 24.1% in the 1st quarter. Glenview Trust Co now owns 6,059 shares of the company’s stock valued at $886,000 after buying an additional 1,177 shares in the last quarter. Summit Global Investments increased its stake in Palantir Technologies by 110.7% during the 1st quarter. Summit Global Investments now owns 32,355 shares of the company’s stock worth $4,733,000 after buying an additional 17,001 shares in the last quarter. Finally, Convergence Investment Partners LLC increased its stake in Palantir Technologies by 438.9% during the 1st quarter. Convergence Investment Partners LLC now owns 9,436 shares of the company’s stock worth $1,380,000 after buying an additional 7,685 shares in the last quarter. Institutional investors and hedge funds own 45.65% of the company’s stock.
Analyst Ratings Changes PLTR has been the subject of a number of research analyst reports. Rosenblatt Securities reissued a “buy” rating and set a $225.00 target price on shares of Palantir Technologies in a report on Friday, June 5th. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $25.50 to $133.00 in a research report on Monday, June 29th. BTIG Research lowered Palantir Technologies to a “neutral” rating in a report on Tuesday, June 16th. Zacks Research raised shares of Palantir Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Finally, Benchmark lowered shares of Palantir Technologies to a “hold” rating in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $190.85.
View Our Latest Analysis on PLTR
Insider Activity In other news, Director Lauren Elaina Friedman Stat sold 1,598 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $160.00, for a total value of $255,680.00. Following the completion of the sale, the director owned 55,022 shares of the company’s stock, valued at $8,803,520. This represents a 2.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shyam Sankar sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $130.00, for a total transaction of $4,550,000.00. Following the sale, the insider owned 642,786 shares of the company’s stock, valued at $83,562,180. This represents a 5.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,112,270 shares of company stock valued at $150,247,785 in the last quarter. Insiders own 9.53% of the company’s stock.
Palantir Technologies Price Performance PLTR stock opened at $134.85 on Tuesday. Palantir Technologies Inc. has a 1 year low of $106.37 and a 1 year high of $207.52. The firm has a market capitalization of $323.28 billion, a PE ratio of 151.52, a price-to-earnings-growth ratio of 2.12 and a beta of 1.56. The business has a 50 day simple moving average of $132.16 and a 200-day simple moving average of $143.69.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.54 billion. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The firm’s revenue was up 84.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 earnings per share. On average, equities research analysts expect that Palantir Technologies Inc. will post 1.17 EPS for the current year.
Key Stories Impacting Palantir Technologies Here are the key news stories impacting Palantir Technologies this week:
Positive Sentiment: Several articles argue Palantir’s long-term growth case remains intact, pointing to its expanding AI software footprint and the strength of its AIP platform. Palantir: The Stock Is Richly Valued With a Forward P/S Multiple of Over 40x, but Is the Growth Story Still Worth Buying Into? Positive Sentiment: Commentary from top investors and market watchers says Palantir’s business momentum and product expansion could support further gains despite the stock’s premium valuation. It’s Not Crazy, Says Top Investor About Palantir Stock Positive Sentiment: Another piece says Palantir keeps defying skeptics with a string of earnings beats and a raised outlook, reinforcing the idea that fundamentals are still improving. Predicition: Palantir Defies Doubters. Here’s Our New Price Target Neutral Sentiment: Palantir is also being widely searched and discussed, which shows elevated investor interest but does not by itself change the outlook. Neutral Sentiment: Several articles revisit the stock’s big run from its IPO and its recent pullback, keeping focus on valuation and volatility rather than any new company-specific catalyst. Palantir Technologies Profile (Free Report)
Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.
Palantir’s product portfolio centers on a small number of core platforms.
Featured Stories Five stocks we like better than Palantir Technologies The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR – Free Report).
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Zeta Global is accelerating growth, expanding margins, and scaling FCF, yet trades at a depressed valuation despite transformative partnerships. Q1 revenue grew 50% YoY, organic growth hit 29%, and FCF guidance was raised to $235 million, with 2026 set for first GAAP profitability. The 7-year Palantir partnership and deepening OpenAI integration unlock new enterprise opportunities, with at least $100 million in annual upside potential.
Shares of Palantir Technologies (PLTR 0.77%) have shed 20% of their value in 2026 as of this writing, driven mainly by the broader weakness in artificial intelligence (AI) stocks and the company's expensive valuation.
However, Palantir stock could get a big shot in the arm when the company releases its second-quarter results on Aug. 3. Let's see why that's likely to be the case.
Image source: The Motley Fool.
Software stocks are winning back investor confidence This has been a difficult year for software stocks. The sector has taken a beating amid fears that the advent of agentic AI could upend the traditional software industry. However, software stocks seem to be gaining popularity among investors once again.
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The iShares Expanded Tech-Software Sector ETF, an exchange-traded fund that invests in North American software, media, and services companies, has appreciated 9% over the past three months. Even Palantir stock has recovered 26% from the 52-week low it reached on June 25.
This turnaround in software stocks can be attributed to a change in perception, as investors now believe that integrating AI tools can be beneficial for software-oriented businesses. Palantir is a classic example of how offering AI solutions to customers can significantly accelerate a company's growth. The company's growth rate has picked up impressively since the launch of its Artificial Intelligence Platform (AIP) just over three years ago.
Data by YCharts
Palantir's customers have seen significant improvements in productivity by deploying its AI tools, which is why they have been spending more on its offerings. This is why I believe Palantir could crush Wall Street's expectations once again on Aug. 3 and raise its guidance.
Palantir's potential beat-and-raise quarterly report could give the stock a big boost Palantir's earnings have exceeded Wall Street's expectations in each of the last four quarters. That trend is likely to continue, as the company is getting more business than it can fulfill. This is evidenced by Palantir recording new contracts worth $2.41 billion in Q1, up 61% from the year-ago period. That was higher than the $1.63 billion revenue the company clocked during the quarter.
Palantir's remaining deal value (RDV), which is the total value of contracts yet to be fulfilled, increased by 98% year over year to $11.8 billion, exceeding the 85% increase in revenue. The strong deal momentum and the addition of new customers encouraged Palantir to raise its guidance. A similar situation could unfold on Aug. 3, and this time, the market could reward Palantir for its improving growth trajectory.
After all, Palantir is among the leading players in the fast-growing AI software market, which is expected to see a whopping 12x increase in revenue between 2024 and 2034, according to a third-party estimate. Palantir's addressable opportunity could jump to $237 billion in 2034, indicating that it is at the beginning of a terrific growth curve that will help justify its valuation.
A strong set of results and guidance next month should reinforce Palantir's growth prospects and further enhance investor confidence in the stock. For all these reasons, I believe the recent rally in Palantir could continue, and the software specialist may even see a parabolic move in its stock price.
Bessemer Group Inc. boosted its holdings in Bristol Myers Squibb Company (NYSE:BMY – Free Report) by 19.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 70,632 shares of the biopharmaceutical company’s stock after purchasing an additional 11,584 shares during the quarter. Bessemer Group Inc.’s holdings in Bristol Myers Squibb were worth $4,283,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Swiss RE Ltd. acquired a new position in shares of Bristol Myers Squibb during the 4th quarter valued at $25,000. Darwin Wealth Management LLC acquired a new stake in Bristol Myers Squibb in the second quarter worth $25,000. Physician Wealth Advisors Inc. grew its holdings in Bristol Myers Squibb by 73.5% in the fourth quarter. Physician Wealth Advisors Inc. now owns 477 shares of the biopharmaceutical company’s stock worth $26,000 after purchasing an additional 202 shares during the period. Bayban bought a new stake in Bristol Myers Squibb in the fourth quarter valued at $31,000. Finally, EQ Wealth Advisors LLC bought a new stake in Bristol Myers Squibb in the fourth quarter valued at $32,000. 76.41% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets BMY has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Bristol Myers Squibb from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 27th. Bank of America decreased their target price on Bristol Myers Squibb from $67.00 to $66.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Citigroup reiterated a “neutral” rating on shares of Bristol Myers Squibb in a report on Friday, May 1st. Guggenheim reissued a “buy” rating and issued a $72.00 price objective on shares of Bristol Myers Squibb in a research note on Wednesday, April 8th. Finally, Weiss Ratings downgraded Bristol Myers Squibb from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $61.25.
Get Our Latest Stock Analysis on BMY
More Bristol Myers Squibb News Here are the key news stories impacting Bristol Myers Squibb this week:
Positive Sentiment: Bristol Myers Squibb expanded its NVIDIA partnership and plans to deploy a DGX SuperPOD based on Vera Rubin systems, which the company says will become the most powerful AI factory in life sciences and should enhance drug discovery and development efficiency. Bristol Myers Expands NVIDIA Partnership to Build Top Life Sciences AI Supercomputer Positive Sentiment: The company also said it will be the first life sciences firm to buy Nvidia’s latest DGX SuperPOD system, signaling an aggressive investment in AI infrastructure that could strengthen Bristol Myers’ competitive position in future drug research. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: A Reuters report repeated the AI-infrastructure news, reinforcing the strategic nature of the announcement but adding no materially new information for investors. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: Bristol Myers was mentioned in a broader article about cancer-drug competition and next-generation therapies, but the piece mainly discussed the market landscape rather than any company-specific development. Merck’s Keytruda Faces a Patent Cliff. These New Cancer Drugs Could Take Over. Negative Sentiment: Healthcare stocks fell late Monday afternoon, which may be creating a modest drag on BMY and offsetting some of the optimism from the NVIDIA partnership news. Sector Update: Healthcare Stocks Fall Late Afternoon Bristol Myers Squibb Stock Down 0.7% Shares of NYSE BMY opened at $60.30 on Tuesday. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.42 and a quick ratio of 1.28. The company has a 50-day moving average price of $57.11 and a 200-day moving average price of $57.85. The stock has a market capitalization of $123.14 billion, a P/E ratio of 16.94, a P/E/G ratio of 0.17 and a beta of 0.23. Bristol Myers Squibb Company has a 1 year low of $42.52 and a 1 year high of $62.89.
Bristol Myers Squibb (NYSE:BMY – Get Free Report) last posted its earnings results on Thursday, April 30th. The biopharmaceutical company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. The company had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.93 billion. Bristol Myers Squibb had a net margin of 15.01% and a return on equity of 64.87%. The firm’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.80 EPS. Bristol Myers Squibb has set its FY 2026 guidance at 6.050-6.350 EPS. On average, equities research analysts forecast that Bristol Myers Squibb Company will post 6.34 EPS for the current fiscal year.
Bristol Myers Squibb Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Thursday, July 2nd. Bristol Myers Squibb’s dividend payout ratio (DPR) is currently 70.79%.
About Bristol Myers Squibb (Free Report)
Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.
BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.
Further Reading Five stocks we like better than Bristol Myers Squibb The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Andra AP fonden cut its stake in Bristol Myers Squibb Company (NYSE:BMY – Free Report) by 51.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 332,662 shares of the biopharmaceutical company’s stock after selling 348,938 shares during the period. Andra AP fonden’s holdings in Bristol Myers Squibb were worth $20,176,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of BMY. waypoint wealth counsel bought a new position in Bristol Myers Squibb in the fourth quarter valued at about $1,194,000. Life Cycle Investment Partners Ltd acquired a new position in shares of Bristol Myers Squibb in the fourth quarter valued at approximately $34,406,000. Axxcess Wealth Management LLC raised its holdings in Bristol Myers Squibb by 27.4% in the 4th quarter. Axxcess Wealth Management LLC now owns 98,665 shares of the biopharmaceutical company’s stock valued at $5,322,000 after buying an additional 21,196 shares during the last quarter. Daytona Street Capital LLC acquired a new stake in Bristol Myers Squibb during the 4th quarter worth approximately $1,362,000. Finally, Pensionfund Sabic acquired a new stake in Bristol Myers Squibb during the 4th quarter worth approximately $1,845,000. Institutional investors and hedge funds own 76.41% of the company’s stock.
Bristol Myers Squibb Stock Down 0.7% Shares of Bristol Myers Squibb stock opened at $60.30 on Tuesday. The stock’s 50-day moving average is $57.11 and its 200 day moving average is $57.85. Bristol Myers Squibb Company has a one year low of $42.52 and a one year high of $62.89. The firm has a market cap of $123.14 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 0.17 and a beta of 0.23. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.42 and a quick ratio of 1.28.
Bristol Myers Squibb (NYSE:BMY – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The biopharmaceutical company reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.16. The firm had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.93 billion. Bristol Myers Squibb had a return on equity of 64.87% and a net margin of 15.01%.The company’s revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.80 earnings per share. Bristol Myers Squibb has set its FY 2026 guidance at 6.050-6.350 EPS. Equities research analysts anticipate that Bristol Myers Squibb Company will post 6.34 EPS for the current year.
Bristol Myers Squibb Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Thursday, July 2nd will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Thursday, July 2nd. Bristol Myers Squibb’s payout ratio is presently 70.79%.
Analyst Ratings Changes Several equities analysts have issued reports on the stock. Weiss Ratings cut shares of Bristol Myers Squibb from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Bank of America cut their price target on shares of Bristol Myers Squibb from $67.00 to $66.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Cantor Fitzgerald restated a “neutral” rating and issued a $54.00 price objective on shares of Bristol Myers Squibb in a report on Monday, July 6th. Wall Street Zen raised Bristol Myers Squibb from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 27th. Finally, Guggenheim reaffirmed a “buy” rating and set a $72.00 target price on shares of Bristol Myers Squibb in a report on Wednesday, April 8th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $61.25.
View Our Latest Report on BMY
More Bristol Myers Squibb News Here are the key news stories impacting Bristol Myers Squibb this week:
Positive Sentiment: Bristol Myers Squibb expanded its NVIDIA partnership and plans to deploy a DGX SuperPOD based on Vera Rubin systems, which the company says will become the most powerful AI factory in life sciences and should enhance drug discovery and development efficiency. Bristol Myers Expands NVIDIA Partnership to Build Top Life Sciences AI Supercomputer Positive Sentiment: The company also said it will be the first life sciences firm to buy Nvidia’s latest DGX SuperPOD system, signaling an aggressive investment in AI infrastructure that could strengthen Bristol Myers’ competitive position in future drug research. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: A Reuters report repeated the AI-infrastructure news, reinforcing the strategic nature of the announcement but adding no materially new information for investors. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: Bristol Myers was mentioned in a broader article about cancer-drug competition and next-generation therapies, but the piece mainly discussed the market landscape rather than any company-specific development. Merck’s Keytruda Faces a Patent Cliff. These New Cancer Drugs Could Take Over. Negative Sentiment: Healthcare stocks fell late Monday afternoon, which may be creating a modest drag on BMY and offsetting some of the optimism from the NVIDIA partnership news. Sector Update: Healthcare Stocks Fall Late Afternoon Bristol Myers Squibb Company Profile (Free Report)
Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.
BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.
See Also Five stocks we like better than Bristol Myers Squibb The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding BMY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristol Myers Squibb Company (NYSE:BMY – Free Report).
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Assetmark Inc. cut its holdings in Bristol Myers Squibb Company (NYSE:BMY – Free Report) by 14.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 144,837 shares of the biopharmaceutical company’s stock after selling 24,825 shares during the period. Assetmark Inc.’s holdings in Bristol Myers Squibb were worth $8,784,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Swiss RE Ltd. acquired a new stake in Bristol Myers Squibb during the fourth quarter worth approximately $25,000. Physician Wealth Advisors Inc. lifted its stake in Bristol Myers Squibb by 73.5% in the fourth quarter. Physician Wealth Advisors Inc. now owns 477 shares of the biopharmaceutical company’s stock valued at $26,000 after buying an additional 202 shares during the period. Darwin Wealth Management LLC bought a new position in shares of Bristol Myers Squibb during the 2nd quarter worth approximately $25,000. Bayban acquired a new stake in shares of Bristol Myers Squibb during the 4th quarter worth approximately $31,000. Finally, EQ Wealth Advisors LLC acquired a new stake in shares of Bristol Myers Squibb during the 4th quarter worth approximately $32,000. 76.41% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In A number of research analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Bristol Myers Squibb from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Bank of America reduced their price target on shares of Bristol Myers Squibb from $67.00 to $66.00 and set a “buy” rating for the company in a report on Friday, July 10th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $54.00 price target on shares of Bristol Myers Squibb in a research note on Monday, July 6th. Guggenheim reiterated a “buy” rating and set a $72.00 price objective on shares of Bristol Myers Squibb in a report on Wednesday, April 8th. Finally, UBS Group restated a “buy” rating on shares of Bristol Myers Squibb in a research note on Thursday, May 28th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Bristol Myers Squibb has a consensus rating of “Hold” and a consensus target price of $61.25.
Read Our Latest Stock Report on BMY
Bristol Myers Squibb Stock Performance NYSE BMY opened at $60.30 on Tuesday. Bristol Myers Squibb Company has a 1 year low of $42.52 and a 1 year high of $62.89. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.42 and a quick ratio of 1.28. The firm has a market cap of $123.14 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 0.17 and a beta of 0.23. The company has a fifty day moving average price of $57.11 and a 200-day moving average price of $57.85.
Bristol Myers Squibb (NYSE:BMY – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The biopharmaceutical company reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Bristol Myers Squibb had a net margin of 15.01% and a return on equity of 64.87%. The company had revenue of $11.49 billion for the quarter, compared to analyst estimates of $10.93 billion. During the same period last year, the firm earned $1.80 earnings per share. The firm’s revenue was up 2.6% on a year-over-year basis. Bristol Myers Squibb has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, equities research analysts predict that Bristol Myers Squibb Company will post 6.34 EPS for the current fiscal year.
Bristol Myers Squibb Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $2.52 annualized dividend and a dividend yield of 4.2%. Bristol Myers Squibb’s dividend payout ratio (DPR) is currently 70.79%.
More Bristol Myers Squibb News Here are the key news stories impacting Bristol Myers Squibb this week:
Positive Sentiment: Bristol Myers Squibb expanded its NVIDIA partnership and plans to deploy a DGX SuperPOD based on Vera Rubin systems, which the company says will become the most powerful AI factory in life sciences and should enhance drug discovery and development efficiency. Bristol Myers Expands NVIDIA Partnership to Build Top Life Sciences AI Supercomputer Positive Sentiment: The company also said it will be the first life sciences firm to buy Nvidia’s latest DGX SuperPOD system, signaling an aggressive investment in AI infrastructure that could strengthen Bristol Myers’ competitive position in future drug research. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: A Reuters report repeated the AI-infrastructure news, reinforcing the strategic nature of the announcement but adding no materially new information for investors. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: Bristol Myers was mentioned in a broader article about cancer-drug competition and next-generation therapies, but the piece mainly discussed the market landscape rather than any company-specific development. Merck’s Keytruda Faces a Patent Cliff. These New Cancer Drugs Could Take Over. Negative Sentiment: Healthcare stocks fell late Monday afternoon, which may be creating a modest drag on BMY and offsetting some of the optimism from the NVIDIA partnership news. Sector Update: Healthcare Stocks Fall Late Afternoon Bristol Myers Squibb Company Profile (Free Report)
Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.
BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.
See Also Five stocks we like better than Bristol Myers Squibb The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding BMY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristol Myers Squibb Company (NYSE:BMY – Free Report).
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California Public Employees Retirement System raised its position in Albemarle Corporation (NYSE:ALB – Free Report) by 19.0% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 271,555 shares of the specialty chemicals company’s stock after purchasing an additional 43,283 shares during the period. California Public Employees Retirement System owned 0.23% of Albemarle worth $48,752,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of ALB. MH & Associates Securities Management Corp ADV purchased a new position in shares of Albemarle in the fourth quarter worth about $26,000. BOKF NA boosted its position in Albemarle by 5,771.4% during the third quarter. BOKF NA now owns 411 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 404 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in Albemarle during the 4th quarter valued at about $34,000. EverSource Wealth Advisors LLC grew its stake in Albemarle by 536.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 573 shares of the specialty chemicals company’s stock valued at $36,000 after acquiring an additional 483 shares in the last quarter. Finally, Torren Management LLC acquired a new stake in Albemarle in the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 92.87% of the company’s stock.
Albemarle Stock Performance NYSE:ALB opened at $118.01 on Tuesday. Albemarle Corporation has a fifty-two week low of $64.95 and a fifty-two week high of $221.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.21 and a current ratio of 2.07. The company has a 50 day moving average price of $154.62 and a 200 day moving average price of $168.12. The stock has a market capitalization of $13.92 billion, a P/E ratio of -34.61 and a beta of 1.34.
Albemarle (NYSE:ALB – Get Free Report) last announced its earnings results on Wednesday, May 6th. The specialty chemicals company reported $2.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $1.71. Albemarle had a positive return on equity of 5.22% and a negative net margin of 5.00%.The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the previous year, the company earned ($0.18) earnings per share. The firm’s quarterly revenue was up 32.7% compared to the same quarter last year. Equities research analysts forecast that Albemarle Corporation will post 13.07 EPS for the current year.
Albemarle Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were issued a $0.405 dividend. This represents a $1.62 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, June 12th. Albemarle’s payout ratio is currently -47.51%.
Analyst Ratings Changes ALB has been the topic of a number of research reports. Vertical Research raised shares of Albemarle from a “hold” rating to a “buy” rating and set a $224.00 target price on the stock in a research note on Tuesday, May 26th. Berenberg Bank upped their price target on Albemarle from $153.00 to $192.00 and gave the company a “hold” rating in a research report on Tuesday, June 2nd. Wall Street Zen raised Albemarle from a “buy” rating to a “strong-buy” rating in a report on Monday, July 13th. Morgan Stanley lifted their price objective on Albemarle from $170.00 to $189.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 28th. Finally, Mizuho lowered their price objective on Albemarle from $205.00 to $185.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $199.87.
Check Out Our Latest Stock Analysis on ALB
Insider Transactions at Albemarle In related news, CEO J Kent Masters sold 16,393 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $183.72, for a total transaction of $3,011,721.96. Following the transaction, the chief executive officer owned 87,519 shares of the company’s stock, valued at approximately $16,078,990.68. This represents a 15.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.42% of the company’s stock.
Albemarle Company Profile (Free Report)
Albemarle Corporation is a leading global specialty chemicals company primarily engaged in the production and distribution of lithium, bromine, and catalysts. Its lithium segment supplies key components used in rechargeable batteries for electric vehicles, portable electronics, and grid storage systems. The company’s bromine specialty products serve a wide range of industries, including oil and gas drilling fluids, fire safety solutions, and water treatment. In its catalysts division, Albemarle provides products for petroleum refining, chemical processing and emissions control.
Founded in 1994 as a spin-off from Ethyl Corporation, Albemarle has grown through strategic acquisitions and capacity expansions to become one of the world’s foremost chemical producers.
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Fifth Third Bancorp grew its stake in Pinterest, Inc. (NYSE:PINS – Free Report) by 4,264.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 156,556 shares of the company’s stock after acquiring an additional 152,969 shares during the period. Fifth Third Bancorp’s holdings in Pinterest were worth $2,871,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also modified their holdings of PINS. Elevated Capital Advisors LLC bought a new position in Pinterest in the 4th quarter valued at $26,000. Caitong International Asset Management Co. Ltd raised its position in shares of Pinterest by 2,017.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,101 shares of the company’s stock worth $29,000 after acquiring an additional 1,049 shares during the last quarter. Addison Advisors LLC raised its position in shares of Pinterest by 727.3% during the fourth quarter. Addison Advisors LLC now owns 1,365 shares of the company’s stock worth $35,000 after acquiring an additional 1,200 shares during the last quarter. Garner Asset Management Corp acquired a new position in shares of Pinterest during the fourth quarter valued at $36,000. Finally, Summit Securities Group LLC acquired a new position in shares of Pinterest during the first quarter valued at $43,000. 88.81% of the stock is owned by institutional investors.
Pinterest Stock Down 1.6% Shares of NYSE PINS opened at $22.82 on Tuesday. The stock has a market cap of $12.78 billion, a P/E ratio of 47.54, a P/E/G ratio of 1.32 and a beta of 0.89. The firm has a 50 day moving average price of $20.97 and a 200 day moving average price of $20.74. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.23 and a current ratio of 4.23. Pinterest, Inc. has a 52-week low of $13.84 and a 52-week high of $39.93.
Pinterest (NYSE:PINS – Get Free Report) last posted its earnings results on Monday, May 4th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $965.84 million. Pinterest had a net margin of 7.64% and a return on equity of 8.26%. The business’s revenue for the quarter was up 17.8% compared to the same quarter last year. During the same period last year, the business posted $0.23 earnings per share. Analysts expect that Pinterest, Inc. will post 0.65 EPS for the current year.
Insider Buying and Selling at Pinterest In related news, Director Benjamin Silbermann sold 46,875 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $22.63, for a total value of $1,060,781.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Wanjiku Juanita Walcott sold 27,337 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $20.46, for a total value of $559,315.02. Following the sale, the insider directly owned 724,673 shares in the company, valued at $14,826,809.58. The trade was a 3.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 323,845 shares of company stock valued at $6,836,065 in the last three months. 8.09% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth Several analysts have weighed in on PINS shares. Oppenheimer boosted their price objective on Pinterest from $24.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Benchmark lowered their price target on shares of Pinterest from $34.00 to $33.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Citigroup increased their price objective on shares of Pinterest from $19.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, May 5th. Barclays lifted their target price on shares of Pinterest from $25.00 to $27.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Finally, DA Davidson began coverage on shares of Pinterest in a research report on Wednesday, July 8th. They set a “buy” rating and a $26.00 target price for the company. Seventeen equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $27.66.
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Pinterest Profile (Free Report)
Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.
The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.
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Andar Capital Management HK Ltd acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,000 shares of the semiconductor manufacturer’s stock, valued at approximately $1,351,000. Micron Technology comprises 1.2% of Andar Capital Management HK Ltd’s investment portfolio, making the stock its 12th biggest holding.
A number of other large investors also recently added to or reduced their stakes in MU. Resolute Advisors LLC acquired a new position in shares of Micron Technology in the 1st quarter valued at $278,000. MWA Asset Management increased its position in shares of Micron Technology by 105.1% in the 1st quarter. MWA Asset Management now owns 1,487 shares of the semiconductor manufacturer’s stock valued at $502,000 after buying an additional 762 shares in the last quarter. JSF Financial LLC increased its position in shares of Micron Technology by 6.4% in the 1st quarter. JSF Financial LLC now owns 3,332 shares of the semiconductor manufacturer’s stock valued at $1,126,000 after buying an additional 200 shares in the last quarter. Legacy Wealth Managment LLC ID raised its stake in Micron Technology by 54.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 572 shares of the semiconductor manufacturer’s stock worth $193,000 after buying an additional 201 shares during the period. Finally, Florida Financial Advisors LLC lifted its holdings in Micron Technology by 22.4% during the first quarter. Florida Financial Advisors LLC now owns 11,457 shares of the semiconductor manufacturer’s stock worth $3,871,000 after acquiring an additional 2,096 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Micron Technology Here are the key news stories impacting Micron Technology this week:
Positive Sentiment: Micron is being highlighted as a strong AI chip and memory beneficiary, with several bullish articles pointing to durable demand, strong profitability, and attractive valuation after the recent pullback. NVIDIA & Micron: 2 Profitable AI Stocks With Strong Growth Potential Positive Sentiment: Morgan Stanley and other analysts said the selloff in memory stocks created a strong buying opportunity, arguing that data-center memory shortages are still intensifying. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Positive Sentiment: Shares of Micron, SanDisk, and Western Digital rebounded as investors rotated back into semiconductor names after last week’s sharp drop in AI-related stocks. Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips Positive Sentiment: A Seeking Alpha upgrade argued Micron’s business model and large backlog could drive EPS accretion and multiple expansion through FY2027. Micron: Berkshire-ification Against The Possible Greenfield Margin Squeeze (Upgrade) Neutral Sentiment: Some coverage noted large institutional call buying and speculative dip-buying in Micron, which can support short-term trading sentiment but does not change the company’s fundamentals. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence (MU) Neutral Sentiment: Several articles focused on Micron’s broader role in the AI trade and memory shortage, reinforcing that the stock remains highly sensitive to swings in semiconductor sentiment. Micron, Lumentum, Sweetgreen, AMC, Domino’s, and More Stocks That Explain Today’s Market Negative Sentiment: Michael Burry’s short position and warning that Micron is “cyclical like no other” added caution around the stock’s valuation and the risk of a deeper AI-chip correction. Claude AI Says Michael Burry’s Micron (MU) Warning “Deserves Respect” Negative Sentiment: Bearish commentary also warned that semiconductor and technology stocks could still face another leg down if the recent AI trade unwind continues. Expect a 75% technology stocks wipeout, warns strategist Negative Sentiment: Micron has also been under pressure recently after SK Hynix’s memory-price warning sparked debate over how long tight supply can last, contributing to the prior selloff. Micron Stock Set to Snap Losing Streak After SK Hynix Memory Price Warning Analysts Set New Price Targets Several equities analysts have recently weighed in on the company. Citigroup lifted their price objective on Micron Technology from $1,200.00 to $1,400.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 price target on shares of Micron Technology in a report on Monday, June 22nd. Mizuho increased their price objective on shares of Micron Technology from $1,150.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. TD Cowen restated a “buy” rating on shares of Micron Technology in a report on Friday, July 10th. Finally, Melius Research began coverage on shares of Micron Technology in a research report on Monday, April 27th. They issued a “buy” rating and a $700.00 price objective on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology has an average rating of “Buy” and a consensus price target of $1,268.93.
Check Out Our Latest Stock Report on Micron Technology
Insider Activity at Micron Technology In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the transaction, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of the stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 163,300 shares of company stock valued at $152,667,204. 0.24% of the stock is owned by company insiders.
Micron Technology Price Performance Shares of MU opened at $865.46 on Tuesday. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The company’s fifty day simple moving average is $950.86 and its 200 day simple moving average is $606.14. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,255.00. The company has a market cap of $977.44 billion, a price-to-earnings ratio of 19.59 and a beta of 2.14.
Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter last year, the company posted $1.91 earnings per share. The company’s revenue for the quarter was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, research analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.
Micron Technology Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Monday, July 6th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is presently 1.36%.
Micron Technology Company Profile (Free Report)
Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.
Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.
Featured Articles Five stocks we like better than Micron Technology The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).
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Baader Bank Aktiengesellschaft raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 85.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,804 shares of the semiconductor manufacturer’s stock after buying an additional 7,301 shares during the period. Baader Bank Aktiengesellschaft’s holdings in Micron Technology were worth $5,339,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Micron Technology during the 1st quarter worth $27,000. High Note Wealth LLC grew its holdings in shares of Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 34 shares during the last quarter. Elevation Wealth Partners LLC raised its position in shares of Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. raised its position in shares of Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the period. Finally, Bayban purchased a new stake in shares of Micron Technology during the fourth quarter valued at $29,000. Institutional investors and hedge funds own 80.84% of the company’s stock.
Analysts Set New Price Targets A number of research firms recently weighed in on MU. Barclays increased their price target on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Bank of America upped their price objective on shares of Micron Technology from $950.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Mizuho lifted their target price on shares of Micron Technology from $1,150.00 to $1,375.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. Stifel Nicolaus lifted their target price on shares of Micron Technology from $550.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Micron Technology in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Micron Technology has an average rating of “Buy” and a consensus target price of $1,268.93.
View Our Latest Stock Report on Micron Technology
Trending Headlines about Micron Technology Here are the key news stories impacting Micron Technology this week:
Positive Sentiment: Micron is being highlighted as a strong AI chip and memory beneficiary, with several bullish articles pointing to durable demand, strong profitability, and attractive valuation after the recent pullback. NVIDIA & Micron: 2 Profitable AI Stocks With Strong Growth Potential Positive Sentiment: Morgan Stanley and other analysts said the selloff in memory stocks created a strong buying opportunity, arguing that data-center memory shortages are still intensifying. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Positive Sentiment: Shares of Micron, SanDisk, and Western Digital rebounded as investors rotated back into semiconductor names after last week’s sharp drop in AI-related stocks. Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips Positive Sentiment: A Seeking Alpha upgrade argued Micron’s business model and large backlog could drive EPS accretion and multiple expansion through FY2027. Micron: Berkshire-ification Against The Possible Greenfield Margin Squeeze (Upgrade) Neutral Sentiment: Some coverage noted large institutional call buying and speculative dip-buying in Micron, which can support short-term trading sentiment but does not change the company’s fundamentals. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence (MU) Neutral Sentiment: Several articles focused on Micron’s broader role in the AI trade and memory shortage, reinforcing that the stock remains highly sensitive to swings in semiconductor sentiment. Micron, Lumentum, Sweetgreen, AMC, Domino’s, and More Stocks That Explain Today’s Market Negative Sentiment: Michael Burry’s short position and warning that Micron is “cyclical like no other” added caution around the stock’s valuation and the risk of a deeper AI-chip correction. Claude AI Says Michael Burry’s Micron (MU) Warning “Deserves Respect” Negative Sentiment: Bearish commentary also warned that semiconductor and technology stocks could still face another leg down if the recent AI trade unwind continues. Expect a 75% technology stocks wipeout, warns strategist Negative Sentiment: Micron has also been under pressure recently after SK Hynix’s memory-price warning sparked debate over how long tight supply can last, contributing to the prior selloff. Micron Stock Set to Snap Losing Streak After SK Hynix Memory Price Warning Micron Technology Trading Up 1.9% Shares of NASDAQ MU opened at $865.46 on Tuesday. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a one year low of $103.38 and a one year high of $1,255.00. The business has a 50-day moving average price of $950.86 and a two-hundred day moving average price of $606.14. The firm has a market capitalization of $977.44 billion, a PE ratio of 19.59 and a beta of 2.14.
Micron Technology (NASDAQ:MU – Get Free Report) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm’s quarterly revenue was up 345.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.
Micron Technology Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, July 6th. Micron Technology’s dividend payout ratio is currently 1.36%.
Insider Activity at Micron Technology In other news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the transaction, the executive vice president directly owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lynn A. Dugle sold 1,300 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 163,300 shares of company stock worth $152,667,204 in the last 90 days. 0.24% of the stock is owned by corporate insiders.
Micron Technology Company Profile (Free Report)
Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.
Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.
Featured Stories Five stocks we like better than Micron Technology The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Andra AP fonden grew its position in Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 139.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,050 shares of the medical equipment provider’s stock after purchasing an additional 29,168 shares during the period. Andra AP fonden’s holdings in Intuitive Surgical were worth $23,073,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in ISRG. Draper Asset Management LLC boosted its stake in shares of Intuitive Surgical by 41.9% in the fourth quarter. Draper Asset Management LLC now owns 5,029 shares of the medical equipment provider’s stock valued at $2,848,000 after buying an additional 1,485 shares during the period. Deutsche Bank AG lifted its holdings in shares of Intuitive Surgical by 9.6% in the fourth quarter. Deutsche Bank AG now owns 1,522,191 shares of the medical equipment provider’s stock worth $862,108,000 after acquiring an additional 132,966 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Intuitive Surgical by 29.3% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 71,077 shares of the medical equipment provider’s stock worth $40,255,000 after buying an additional 16,119 shares during the last quarter. Procyon Advisors LLC grew its position in Intuitive Surgical by 787.8% during the 4th quarter. Procyon Advisors LLC now owns 4,794 shares of the medical equipment provider’s stock worth $2,715,000 after acquiring an additional 4,254 shares during the last quarter. Finally, Robinhood Asset Management LLC bought a new stake in Intuitive Surgical during the 4th quarter worth approximately $6,478,000. Institutional investors and hedge funds own 83.64% of the company’s stock.
Wall Street Analysts Forecast Growth ISRG has been the subject of several analyst reports. Wall Street Zen upgraded shares of Intuitive Surgical from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. Raymond James Financial reiterated an “outperform” rating and issued a $483.00 price target (down from $577.00) on shares of Intuitive Surgical in a report on Friday. Wells Fargo & Company reiterated an “overweight” rating and set a $487.00 price objective (down from $654.00) on shares of Intuitive Surgical in a report on Friday. Bank of America decreased their price target on Intuitive Surgical from $520.00 to $515.00 in a report on Friday, June 12th. Finally, Mizuho set a $500.00 target price on shares of Intuitive Surgical and gave the company a “neutral” rating in a report on Wednesday, July 15th. Twenty-one investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $523.46.
Get Our Latest Research Report on ISRG
Intuitive Surgical Trading Up 2.2% Shares of NASDAQ ISRG opened at $353.17 on Tuesday. Intuitive Surgical, Inc. has a 12 month low of $342.10 and a 12 month high of $603.88. The firm has a market capitalization of $125.08 billion, a price-to-earnings ratio of 40.45, a PEG ratio of 2.80 and a beta of 1.46. The business has a 50-day moving average of $413.94 and a 200-day moving average of $465.58.
Intuitive Surgical (NASDAQ:ISRG – Get Free Report) last announced its earnings results on Tuesday, April 21st. The medical equipment provider reported $2.50 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.42. Intuitive Surgical had a net margin of 28.45% and a return on equity of 17.09%. The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period last year, the firm posted $1.81 earnings per share. Intuitive Surgical’s quarterly revenue was up 23.0% on a year-over-year basis. On average, analysts predict that Intuitive Surgical, Inc. will post 8.62 earnings per share for the current year.
Insider Transactions at Intuitive Surgical In related news, SVP Iman Jeddi sold 5,625 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $420.55, for a total value of $2,365,593.75. Following the transaction, the senior vice president owned 6,463 shares of the company’s stock, valued at $2,718,014.65. This represents a 46.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gary Loeb sold 400 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $424.14, for a total value of $169,656.00. Following the sale, the executive vice president owned 5,720 shares in the company, valued at $2,426,080.80. The trade was a 6.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,169 shares of company stock valued at $3,059,135 in the last quarter. Insiders own 0.60% of the company’s stock.
Key Headlines Impacting Intuitive Surgical Here are the key news stories impacting Intuitive Surgical this week:
Positive Sentiment: Some market commentary argues ISRG’s recent correction may have reset expectations, with oversold technical conditions and improving earnings estimate revisions potentially setting up a near-term rebound. Down 15% in 4 Weeks, Here’s Why You Should You Buy the Dip in Intuitive Surgical (ISRG) Positive Sentiment: Zacks highlighted Intuitive Surgical as a trending stock with strong growth characteristics, saying the company’s fundamentals and growth profile may appeal to investors looking for long-term outperformance. 3 Reasons Growth Investors Will Love Intuitive Surgical (ISRG) Positive Sentiment: Another piece noted investor interest in ISRG remains elevated, suggesting the stock is staying on traders’ radar even after recent weakness. Intuitive Surgical, Inc. (ISRG) Is a Trending Stock: Facts to Know Before Betting on It Neutral Sentiment: Commentary focused on whether investors should prioritize Intuitive Surgical’s current robot sales or its longer-term growth opportunity, reinforcing the debate around valuation versus future expansion. What’s More Important For Intuitive Surgical: Today’s Robots Or Tomorrow’s Growth? Negative Sentiment: Several analyst updates were cautious, with firms including Stifel, Sanford C. Bernstein, and Citigroup lowering price targets or expectations, which likely added to the selling pressure on ISRG. Stifel Nicolaus Lowers Intuitive Surgical (NASDAQ:ISRG) Price Target to $550.00 About Intuitive Surgical (Free Report)
Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.
In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.
See Also Five stocks we like better than Intuitive Surgical The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding ISRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report).
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The AMC stock apes are back, and this time they brought a blockbuster with them.
Shares of AMC Entertainment (NYSE:AMC) jumped about 27% on Monday, July 20, 2026, closing at $2.46, after the theater chain posted the biggest quarterly revenue and profit in its 106-year history. The surge extended a hot streak: AMC is up roughly 32% over the past week and about 58% year to date, reviving the frenzied retail trading that made it a meme stock legend in 2021.
The Options Frenzy Screams “Meme Stock” The clearest sign the retail crowd is back is in the options market. More than 300,000 AMC contracts traded on Monday, nearly five times the 30-day average, vaulting AMC into the top 20 most-active options names in the market. Positioning was aggressively bullish: roughly 100,000 calls bought versus 62,000 calls sold, and fewer than 10,000 puts bought. The full-chain put/call ratio of 0.27 shows a textbook AMC apes footprint: speculative, call-heavy, and loud.
But This Time, the Earnings Are Real What separates this rally from the pure short-squeeze mania of 2021 is that it rides real fundamentals. AMC’s second-quarter revenue rose 14.2% year over year to roughly $1.6 billion, and Adjusted EBITDA climbed 70% to a record $321.4 million, the best quarter in the company’s history. Adjusted diluted EPS came in at $0.14 versus a consensus estimate of -$0.02.
The engine was Christopher Nolan’s The Odyssey. The film opened to $124 million domestically and $264 million globally in its first three days, Nolan’s biggest global debut ever, recouping its full $250 million production budget almost immediately. That $264 million represents the movie’s three-day worldwide opening gross.
AMC felt the impact directly. The chain drew 4.3 million patrons globally for the film’s opening weekend, and more than half of ticket receipts came from premium giant-screen formats like IMAX and Dolby, which carry higher prices and fatter margins.
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Adam Aron Says the Theaters Have Won CEO Adam Aron is not shy about the moment. He has pointed to “The Odyssey,” alongside “Spider-Man: Brand New Day,” “Dune: Part Three,” and “Avengers: Doomsday,” as reasons 2026 could be the strongest year for movie theaters since before the pandemic.
He also declared victory in the long war against at-home streaming. “I think we’ve won that fight,” Aron said on the earnings call.
A Familiar Pattern, With a Familiar Risk The risks remain. AMC still carries $3,851.6 million in corporate borrowings and negative stockholders’ equity of $1,452.7 million. At $2.46, the stock remains down roughly 99% over the past five years, a legacy of heavy dilution and a reverse split used to survive.
The movies are back, a strong summer slate could sustain momentum, and for once the apes have earnings on their side. Whether The Odyssey marks a lasting turn for AMC or just another spike will depend on what happens after the popcorn is swept up.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and AMC Entertainment didn't make the cut. Grab the names FREE today.
For investors who have spent years focusing on dilution, debt and meme-stock volatility, that may represent the company’s most meaningful shift yet.
Record EBITDA, Stronger Cash FlowAMC reported record second-quarter adjusted EBITDA of $321.4 million, up 70% year-over-year, on record revenue of nearly $1.6 billion. More importantly, the company converted that operating momentum into $190.1 million of free cash flow during the quarter, giving management confidence that consistent annual cash generation is now within reach.
“We’re within sight of being cash flow positive, not for a quarter, but for a year,” Aron said during the earnings call. He later acknowledged the company is “not quite at the promised land yet… but we’re ever so close.”
The comments suggest AMC’s investment narrative is beginning to evolve. While the company still depends on a healthy theatrical release slate, management increasingly believes years of cost controls, premium-format expansion and higher spending per guest have structurally improved its earnings power.
CFO Sean Goodman noted AMC generated more revenue and nearly 40% more adjusted EBITDA than it did in the second quarter of 2019 despite attendance remaining well below pre-pandemic levels.
Debt Reduction Creates A Financial FlywheelThe turnaround isn’t limited to operating performance. Aron said AMC has reduced debt by approximately $1.7 billion since the end of 2020, while Goodman said the company now expects no significant debt maturities before 2029 following recent refinancing efforts. Those actions are also lowering borrowing costs, with management expecting meaningful reductions in annual interest expense as leverage ratios continue to improve.
That creates what could become a virtuous financial cycle. Higher EBITDA improves leverage ratios, lower leverage reduces interest costs, and lower interest expense further reduces the box office threshold needed for AMC to generate positive free cash flow over a full year.
“If interest rates go down, interest expense goes down, and that means that the breakeven box office level goes down as well,” Aron said.
Why Investors Should Watch The Next Few QuartersAMC isn’t declaring victory just yet, but the conversation has clearly changed.
For years, investors judged the company by how much cash it could raise and how long it could survive. Following its strongest operating quarter on record, management wants investors to judge it by how much cash it can consistently generate instead.
If upcoming blockbuster releases help sustain box office momentum, the next milestone may not be another record EBITDA quarter—it could be AMC proving that its long-promised transition from a liquidity story to a sustainable cash-flow story is finally complete.
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BlackBerry stock price has pulled back in the past two weeks in New York and Toronto. It dropped to $8.83 on Monday, down by 35% from its highest point this year. Even so, it is one of the best-performing stocks as it jumped by over 130% this year as investors cheer its turnaround and its positioning in the AI and robotics market.
BlackBerry, a company that once played a big role in the smartphone industry, has done well in the past few months as the turnaround efforts by John Giamatteo continued paying off.
This recovery has been helped by its QNX business, which provides a real-time operating system used in connected and autonomous vehicles. Its system is now embedded in over 275 million vehicles.
At the same time, investors believe that it is one of the top players in the AI and robotics market, especially after its partnerships with companies like Nvidia, Qualcomm, and Arm.
BlackBerry stock jumped after it reported upbeat first-quarter results, indicating its business was doing relatively well. Its revenue jumped by 26% to $152.9 million, with its gross margin growing by 4 percentage points.
The company’s growth was largely driven by its QNX segment, whose revenue rose by 26% to $72.3 million. QNX expanded its partnership with Nvidia to advance safety-critical AI across robotics, medical, and industrial systems.
Its secure communications revenue soared by 24% to $73.6 million. BlackBerry made $7 million from licensing.
The company reached several major milestones in the quarter, including achieving FedRAMP Class D recertification for the BlackBerry AtHoc solution.
This certification will strengthen its position for US government contracts.
Still, there are concerns about BlackBerry shares. One of the key concerns is whether it can sustain its organic growth.
Yahoo Finance data shows that its second-quarter revenue will come in at $145.53 million, up by 12.2% from the same period last year. This will mark a deceleration from the previous quarter.
For the year, the company’s revenue is expected to be $614 million, up by 12% YoY. It is then expected to hit $678 million next year, up by 10% YoY.
Another concern, which may explain the recent pullback, is valuation. The stock has become expensive after this year's rally.
Data shows that the forward price-to-earnings ratio has moved to 78, much higher than most companies, including popular names like Nvidia and Micron.
BB stock price chart | Source: TradingView
The weekly chart shows that the BB stock price has pulled back in the past few days, moving from a high of $13.57 to the current $8.83.
This retreat is happening as investors book profits after the stock surged from last year’s low of $1.96 to a high of $13.57. It remains substantially above the 50 and 200 moving averages.
Therefore, there is a risk that mean reversion will pull it much lower in the near term. If this happens, the stock will drop towards the 50 EMA level of $5.9 as traders wait for its second quarter earnings report.
READ MORE: BlackBerry stock hits 52-week high: take profit or let it run?
BlackBerry is rated a speculative Buy, with asymmetric upside potential driven by QNX and the Alloy Kore middleware opportunity. QNX's ~$950m royalty backlog and record development license revenue signal robust forward growth, though much of it is long-dated. Valuation sensitivity centers on QNX; Alloy Kore could multiply revenue from existing customers and expand into non-automotive markets.
Delivers independently validated, sovereign-grade secure communications trusted by governments worldwide to protect mission-critical voice, messaging, file sharing, and operational coordination.
WATERLOO, ON / ACCESS Newswire / July 21, 2026 / BlackBerry® Secure Communications, a division of BlackBerry Limited (NYSE:BB)(TSX:BB) today announced that BlackBerry® SecuSUITE® Server 6.0 and Client 6.0 have been officially relisted as certified products under the International Common Criteria (CC), conforming to the latest NIAP Protection Profiles. This certification reinforces BlackBerry's leadership in secure communications and highlights its commitment to internationally recognized security standards.
Governments are under increasing pressure as mobile communications become central for advanced state-sponsored surveillance. The exploitation of international mobile networks to intercept voice and SMS traffic, combined with the growing use of spyware to compromise widely adopted consumer communication apps, is creating significant exposure. As adversaries enhance their monitoring capabilities and refine mobile exploitation techniques, the demand for independently validated secure communications solutions for national resilience continues to rise.
"The SecuSUITE solution's renewed certification underscores BlackBerry's commitment to sovereign-grade security," said Christoph Erdmann, Senior Vice President and Managing Director, Secusmart at BlackBerry. "As espionage and interception threats grow, governments and enterprises need trusted solutions to protect their most sensitive communications."
Governments and organizations in defense and critical infrastructure increasingly prioritize secure communications as a cornerstone of national security. As a core pillar of BlackBerry Secure Communications, SecuSUITE is backed by certifications such as NIAP, NATO Restricted, BSI, and CSfC, empowers high-risk sectors to confidently secure voice, messaging, file-sharing, and crisis coordination. Trusted by NATO, all G7 governments and most G20 members, SecuSUITE protects sensitive conversations and large-scale operations worldwide.
Learn more about BlackBerry SecuSUITE here and follow @BlackBerry Secure Communications.
About BlackBerry
BlackBerry (NYSE:BB)(TSX:BB) provides enterprises and governments the intelligent software and services that power the world around us. Based in Waterloo, Ontario, the company's high-performance foundational software enables major automakers and industrial giants alike to unlock transformative applications, drive new revenue streams and launch innovative business models, all without sacrificing safety, security, and reliability. With a deep heritage in Secure Communications, BlackBerry delivers operational resiliency with a comprehensive, highly secure, and extensively certified portfolio for mobile fortification, mission-critical communications, and critical events management.
For more information, visit BlackBerry.com and follow @BlackBerry.
Media Contacts:
BlackBerry Media Relations
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[email protected]
Andra AP fonden cut its holdings in Amgen Inc. (NASDAQ:AMGN – Free Report) by 18.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,366 shares of the medical research company’s stock after selling 11,734 shares during the quarter. Andra AP fonden’s holdings in Amgen were worth $17,721,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMGN. Anfield Capital Management LLC boosted its stake in shares of Amgen by 1,000.0% during the fourth quarter. Anfield Capital Management LLC now owns 77 shares of the medical research company’s stock valued at $25,000 after purchasing an additional 70 shares in the last quarter. Dogwood Wealth Management LLC increased its stake in shares of Amgen by 275.0% in the fourth quarter. Dogwood Wealth Management LLC now owns 75 shares of the medical research company’s stock valued at $25,000 after buying an additional 55 shares during the period. Tower View Wealth Management LLC raised its holdings in Amgen by 331.6% in the 1st quarter. Tower View Wealth Management LLC now owns 82 shares of the medical research company’s stock valued at $29,000 after buying an additional 63 shares during the last quarter. Manning & Napier Advisors LLC raised its holdings in Amgen by 49.2% in the 4th quarter. Manning & Napier Advisors LLC now owns 97 shares of the medical research company’s stock valued at $32,000 after buying an additional 32 shares during the last quarter. Finally, Olistico Wealth LLC acquired a new stake in Amgen during the 4th quarter worth approximately $33,000. Institutional investors own 76.50% of the company’s stock.
Amgen Stock Down 0.6% Amgen stock opened at $364.17 on Tuesday. The firm has a 50 day moving average price of $348.38 and a 200-day moving average price of $350.78. The company has a quick ratio of 1.01, a current ratio of 1.26 and a debt-to-equity ratio of 5.65. Amgen Inc. has a twelve month low of $269.77 and a twelve month high of $391.29. The company has a market capitalization of $196.55 billion, a P/E ratio of 25.34, a P/E/G ratio of 3.71 and a beta of 0.41.
Amgen (NASDAQ:AMGN – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The medical research company reported $5.15 EPS for the quarter, topping analysts’ consensus estimates of $4.77 by $0.38. Amgen had a net margin of 20.96% and a return on equity of 137.41%. The company had revenue of $8.62 billion for the quarter, compared to analysts’ expectations of $8.58 billion. During the same quarter in the previous year, the firm posted $4.90 EPS. Amgen’s revenue was up 5.8% on a year-over-year basis. Amgen has set its FY 2026 guidance at 21.700-23.100 EPS. As a group, equities analysts predict that Amgen Inc. will post 22.31 EPS for the current year.
Analysts Set New Price Targets A number of equities research analysts have commented on AMGN shares. Daiwa Securities Group reduced their price target on Amgen from $410.00 to $390.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 13th. Argus decreased their price target on shares of Amgen from $400.00 to $375.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. UBS Group increased their target price on Amgen from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Truist Financial raised their price target on shares of Amgen from $327.00 to $340.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. Finally, Guggenheim lifted their price objective on shares of Amgen from $340.00 to $343.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $356.62.
Get Our Latest Report on AMGN
Insider Activity at Amgen In other news, SVP Nancy A. Grygiel sold 1,237 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $323.73, for a total transaction of $400,454.01. Following the transaction, the senior vice president owned 7,009 shares of the company’s stock, valued at $2,269,023.57. This represents a 15.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.85% of the stock is owned by corporate insiders.
Amgen Company Profile (Free Report)
Amgen Inc (NASDAQ: AMGN) is a global biotechnology company founded in 1980 and headquartered in Thousand Oaks, California. The company focuses on discovering, developing, manufacturing and delivering human therapeutics that address serious illnesses. Amgen’s work centers on biologic medicines derived from cellular and molecular biology, with an emphasis on translating advances in human genetics and protein science into therapies for patients.
Amgen’s commercial portfolio has historically included biologics used in oncology, supportive care, nephrology, bone health and cardiovascular disease.
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SEATTLE--(BUSINESS WIRE)--More than one-third (36%) of U.S. house hunters say a “clean” home—one with high-end filtration systems for air, water, etc.—is one of the top three most important features in the next place they live. This is according to a recent survey commissioned by Redfin, the real estate brokerage powered by Rocket.That makes it the most common priority for prospective homebuyers, along with security systems (38% rank that a top-three priority, statistically equal to the 36% for.
Building one home on each empty lot listed for sale on Zillow would reduce the national housing deficit to 4.44 million homes
A housing shortage of 4.7 million homes is the key driver of America's housing affordability crisis. 300,242 empty lots smaller than 5 acres were listed for sale on Zillow in June 2026, representing 17.4% of all for-sale listings. Building one home on each of those lots would reduce America's housing deficit by 6.3%. Zillow is participating in a federal tech sprint to find ways to reduce friction for rural buyers looking to build on an empty lot. , /PRNewswire/ -- America's housing affordability crisis is largely a supply problem, with the country currently being 4.7 million homes short of what is needed. If one home were built on every empty lot listed for sale, that shortage would shrink by more than 6%, new Zillow® research finds.
More than 300,000 empty lots 5 acres or smaller were listed for sale on Zillow in June, making up 17.4% of all for-sale listings. Building just one home on each of those lots would bring the total housing deficit down to roughly 4.44 million homes, a 6.3% reduction from the latest estimate. The typical lot for sale is 0.57 acres — large enough, in many cases, to support more than one home, meaning the 6.3% figure is conservative.
"The more than 300,000 lots currently listed for sale represent the lowest-hanging fruit in addressing a housing shortage that's two decades in the making," said Kara Ng, senior economist at Zillow. "The challenge is making it feasible to build. Loosening zoning rules, streamlining permitting and expanding access to financing would reduce the cost and uncertainty that hold construction back, turning available lots into much-needed homes. The ROAD to Housing Act is an encouraging sign that policymakers understand what it will take to close the gap, but some of this reform will need to happen at the state and local levels."
Where the empty lots are
The five states with the most empty lots listed are Florida (42,601), Texas (40,907), California (18,508), North Carolina (14,226) and Georgia (10,334). In states such as North Dakota, South Dakota and Alaska, empty lots make up more than one-third of all for-sale listings — 45.9%, 38.7% and 34.6%, respectively.
Rural markets have the highest concentration of empty lots, at 25.3% of all for-sale listings, compared to 13.6% in the suburbs and 9% in urban areas. Rural lots are also the least expensive on a per-acre basis with a median of roughly $75,000 per acre, compared to more than $181,000 per acre in suburban areas and about $500,000 per acre for urban lots.
Clearing the path to more homes
Closing a gap this large requires solutions that address the problem from multiple angles. Zillow advocates for measures that make it easier and less expensive to build, such as modernizing zoning to allow more density, streamlining permitting, expanding financing options and expanding access to lower-cost housing options like manufactured homes. Manufactured homes are particularly well-suited to helping close this gap, as they can be built faster and at a fraction of the cost of traditional, site-built construction. Recent legislation, including the 21st Century ROAD to Housing Act, is already addressing some of those barriers.
One hurdle for buyers interested in these lots is navigating a fragmented process — finding land, selecting a home type and securing financing are typically three separate and confusing steps. Zillow is working to change that through innovative solutions. This summer, the company has been participating in a 12-week federal tech sprint with the U.S. Census Bureau's Opportunity Project; its focus is on finding ways to increase access to small-dollar housing loans in rural communities. Zillow is exploring ways to reduce frictions for consumers who are interested in purchasing and building on an empty lot.
State
Empty lots
listed for sale
(June 2026)
Share of
listings that
were empty
lots (June
2026)
Median
acreage
Median price
United States
300,242
17.4 %
0.57
$79,000
Alabama
7,651
20.2 %
0.75
$70,900
Alaska
1,131
34.6 %
1.24
$90,000
Arizona
8,131
16.2 %
1.03
$90,000
Arkansas
6,621
25.1 %
0.50
$38,000
California
18,508
16.8 %
0.63
$73,000
Colorado
6,284
13.9 %
0.97
$125,000
Connecticut
425
7.6 %
1.26
$150,000
Delaware
462
9.2 %
0.75
$252,500
Florida
42,601
18.1 %
0.26
$49,000
Georgia
10,341
14.1 %
1.00
$84,900
Hawaii
1,411
16.9 %
1.00
$100,000
Idaho
3,175
19.3 %
0.98
$215,000
Illinois
6,668
22.2 %
0.43
$49,990
Indiana
4,124
15.0 %
0.43
$69,900
Iowa
4,145
25.0 %
0.39
$85,900
Kansas
2,018
19.4 %
0.44
$58,500
Kentucky
4,370
20.1 %
0.87
$49,900
Louisiana
9,159
29.5 %
0.50
$68,000
Maine
1,231
15.7 %
1.80
$94,900
Maryland
1,676
8.7 %
0.75
$125,000
Massachusetts
846
6.2 %
1.17
$225,000
Michigan
8,597
21.5 %
0.59
$55,000
Minnesota
4,962
19.3 %
0.58
$85,000
Mississippi
4,273
24.7 %
0.69
$53,625
Missouri
5,607
18.6 %
0.50
$60,000
Montana
2,395
21.3 %
0.83
$195,000
Nebraska
2,773
30.4 %
0.27
$79,941
Nevada
2,869
15.5 %
0.72
$69,000
New Hampshire
573
12.6 %
1.23
$129,900
New Jersey
1,352
6.5 %
0.49
$209,950
New Mexico
4,293
30.3 %
1.00
$50,000
New York
3,554
8.1 %
0.78
$99,900
North Carolina
14,226
18.2 %
1.02
$79,900
North Dakota
2,023
45.9 %
0.40
$70,000
Ohio
4,313
13.0 %
0.46
$74,900
Oklahoma
5,723
19.9 %
0.84
$59,900
Oregon
3,745
16.1 %
0.51
$159,000
Pennsylvania
6,511
18.3 %
0.38
$49,299
Rhode Island
159
9.0 %
0.86
$325,000
South Carolina
5,547
12.2 %
0.77
$95,000
South Dakota
2,466
38.7 %
0.50
$100,000
Tennessee
9,748
17.9 %
0.85
$74,900
Texas
40,907
16.2 %
0.52
$97,000
Utah
3,553
15.7 %
0.67
$283,860
Vermont
382
11.7 %
1.70
$123,000
Virginia
4,843
14.9 %
1.00
$74,500
Washington
5,563
13.9 %
0.50
$180,000
West Virginia
1,685
26.2 %
0.94
$41,700
Wisconsin
5,372
23.8 %
0.64
$84,900
Wyoming
1,167
24.4 %
0.54
$110,000
About Zillow Group
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.
As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.
Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.
Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.
Preclinical Data Poster Highlights Dual Estrogen Receptor and PKC-β/AKT Pathway Modulation as a Potential Therapeutic Strategy for Estrogen-Driven Pathology in McCune-Albright syndrome
, /PRNewswire/ -- Atossa Therapeutics, Inc. (NASDAQ: ATOS) ("Atossa" or the "Company"), a clinical-stage biopharmaceutical company developing novel therapies in oncology and other areas of significant unmet clinical need, today announced that a poster presentation titled "Dual estrogen receptor and PKC-β signaling modulation by (Z)-Endoxifen: A mechanism-driven therapeutic strategy for estrogen-driven pathology in McCune-Albright Syndrome" was presented at the AACR Special Conference in Cancer Research: Breaking Barriers in the Fight Against Rare Cancers, which took place July 18-20, 2026, in Vancouver, BC, Canada.
Presentation Details
Session Type: Poster Session A
Date: Saturday, July 18, 2026, 7:30-9:30 pm PT
Abstract Number: A010
Location: AACR Special Conference in Cancer Research: Breaking Barriers in the Fight Against Rare Cancers, Vancouver, BC, Canada
Poster Title: Dual estrogen receptor and PKC-β signaling modulation by (Z)-Endoxifen: A mechanism-driven therapeutic strategy for estrogen-driven pathology in McCune-Albright Syndrome
Presenter: Sandra Hammer, PhD, Atossa Therapeutics Inc.
Summary: The poster supports a dual mechanism of action for (Z)-endoxifen in estrogen-driven pathology relevant to McCune Albright Syndrome-associated Peripheral Precocious Puberty (MAS-PPP): the blockade of ER-mediated transcription downstream of autonomous estrogen production and suppression of PKC-β/AKT-associated proliferative and cell-cycle signaling. This multi-pathway profile may address a key therapeutic gap in MAS-PPP, where estrogen suppression alone may not fully mitigate downstream proliferative signaling.
These findings support further evaluation of (Z)-endoxifen as a targeted therapeutic strategy for MAS-PPP and illustrate how transcriptomic and kinase-network integration can enable therapeutic repositioning for rare endocrine-driven diseases with limited dedicated drug development. They also highlight the potential relevance of (Z)-endoxifen to estrogen-driven neoplasms.
Key Highlights
McCune-Albright Syndrome (MAS) is a rare mosaic disorder driven by activating GNAS mutations that can result in autonomous estrogen production and chronic estrogen receptor activation. Activating GNAS alterations are recognized oncogenic drivers in multiple neoplasms, positioning MAS a genetically defined model of chronic proliferative signaling that is highly relevant to rare tumor biology. The poster evaluates (Z)-endoxifen, the active metabolite of tamoxifen, as a mechanism-driven strategy to modulate both estrogen receptor signaling and non-ER proliferative kinase pathways relevant to estrogen-driven MAS symptomatology, peripheral precocious puberty. The analysis used weighted gene expression signatures in ER-positive MCF7 cells and integrated published phosphoproteomic and RNA-seq datasets to assess modulation of PKC-β and AKT signaling pathways. The analysis identified a shared estrogen-responsive gene network and showed that (Z)-endoxifen markedly downregulated cell-cycle progression programs, including G2M Checkpoint and E2F Targets, while concurrently modulating estrogen-response pathways. Integration of published mechanistic data further demonstrated that (Z)-endoxifen targets PKC-β1, promotes its dephosphorylation and degradation, and inhibits PMA-induced PKC-β1 and AKT phosphorylation. "MAS related PPP remains a rare and underserved condition where current approaches focus primarily on reducing estrogen production but may not fully address downstream ER-dependent and proliferative signaling," said Dr. Steven C. Quay, M.D., Ph.D., President and Chief Executive Officer of Atossa Therapeutics. "These data support the potential of (Z)-endoxifen as a differentiated, mechanism-driven candidate that may simultaneously modulate estrogen receptor biology and PKC-β/AKT-associated cell-cycle signaling. This finding has direct relevance to several tumor types."
About McCune-Albright Syndrome
MAS is an extremely rare genetic disorder caused by activating mutations in the GNAS gene, leading to mosaic endocrine dysregulation. Because it is so rare and has a broad spectrum of symptoms, diagnosis can be challenging. The disease is characterized by a triad of symptoms: Polyostotic Fibrous Dysplasia: replacement of normal bone with weak, fibrous tissue, leading to fractures, deformities, and pain; Café-au-lait Spots: hyperpigmented skin patches with irregular, "jagged" borders that typically respect the body's midline; and Hyperfunctioning Endocrinopathies: commonly known as precocious puberty, where children (especially girls) may begin puberty as early as age two. In pediatric patients, MAS commonly presents with gonadotropin-independent precocious puberty, particularly in females, which can result in accelerated growth, premature epiphyseal closure, and reduced adult height. Additional complications may include thyroid dysfunction, growth hormone excess, and other endocrine abnormalities. There are currently limited effective treatment options, highlighting the need for new therapeutic approaches.
About Atossa Therapeutics
Atossa Therapeutics, Inc. (Nasdaq: ATOS) is a clinical-stage biopharmaceutical company developing innovative medicines in oncology and other areas of significant unmet need. The Company's lead product candidate, (Z)-endoxifen, is currently in development across several clinical settings.
(Z)-endoxifen is a potent Selective Estrogen Receptor Modulator/Degrader (SERM/D) with demonstrated activity across multiple mechanisms of interest. Atossa is evaluating its potential applications in oncology and rare diseases. The Company's proprietary oral formulation has shown a favorable safety profile and pharmacology distinct from tamoxifen, including ER-targeted effects and PKC inhibition. Atossa's (Z)-endoxifen is not approved for any indication.
Atossa's (Z)-endoxifen program is supported by a growing global intellectual property portfolio, including multiple recently issued U.S. patents and numerous pending applications worldwide.
More information is available at https://atossatherapeutics.com.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of applicable securities laws, including, but not limited to, our expectations regarding the Company's development and regulatory strategy and related milestones, including the potential indications that the Company may pursue for (Z)-endoxifen, the potential role of (Z)-endoxifen in endocrine therapies, the potential for (Z)-endoxifen to receive regulatory approval and the timing thereof, expectations regarding the design, enrollment, data, timing, results and outcomes of the Company's clinical studies, the potential clinical significance of preclinical data, and the potential market and growth opportunities for the Company. Words such as "expect," "potential," "continue," "may," "will," "should," "could," "would," "seek," "intend," "plan," "estimate," "anticipate," "believe," "design," "predict," "future," or other similar expressions or statements regarding intent, belief or current expectations, are forward-looking statements.
Forward-looking statements in this press release are subject to risks and uncertainties that may cause actual results, outcomes, or the timing of actual results or outcomes to differ materially from those projected or anticipated, including, without limitation, risks and uncertainties associated with: our ability to successfully execute our strategy to shorten our clinical development timelines for our lead program, (Z)-endoxifen; expected timing, completion and results of our preclinical studies, clinical trials, and research and development programs; the unpredictable relationship between preclinical study results and clinical study results; the timing or likelihood of regulatory filings and approvals; the outcome or timing of necessary regulatory approvals; our ability to maintain compliance with Nasdaq listing requirements; our ability to establish and maintain intellectual property rights covering our products; the impact of general macroeconomic conditions on our business; our ability to raise capital; and other risks and uncertainties detailed from time to time in Atossa's filings with the SEC, including, without limitation, its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.
Forward-looking statements are presented as of the date of this press release. Except as required by law, we do not intend to update any forward-looking statements.
Philadelphia, Pennsylvania--(Newsfile Corp. - July 21, 2026) - Grabar Law Office is investigating claims on behalf of shareholders of Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG).
What Is This Investigation About? The investigation concerns whether certain officers and directors breached the fiduciary duties they owed to the company.
If you purchased Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG) shares prior to February 11, 2025, and still hold shares today, you can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever. Please visit https://grabarlaw.com/the-latest/zillow-shareholder-investigation/, contact Joshua Grabar at [email protected], or call 267-507-6085 to learn more.
What Is Alleged? It is alleged in a recently filed federal securities fraud class action complain that Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG), through certain of its officers, made false and/or misleading statements and/or failed to disclose that: (1) Zillow's agreement with Redfin Corporation was not a "partnership," but rather an acquisition of Redfin's business; (2) as a result of the Redfin Agreement, Zillow faced a materially heightened risk of regulatory scrutiny and liability under federal antitrust laws; (3) upon the filing of an antitrust lawsuit, Zillow continued to downplay its legal exposure; and (4) as a result, defendants' statements about Zillow's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
What Can You Do Now? If you purchased Zillow Group, Inc. (NASDAQ: Z) (NASDAQ: ZG) shares prior to February 11, 2025, and still hold shares today, you are encouraged to visit https://grabarlaw.com/the-latest/zillow-shareholder-investigation/, contact Joshua Grabar at [email protected], or call 267-507-6085. You can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to you whatsoever.
#Zillow #Z #ZG $Z $ZG
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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
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Zadlužení Evropské unie se dál zvyšuje, v prvním letošním čtvrtletí dosáhlo 82,9 procenta hrubého domácího produktu (HDP). a bylo tak vyšší nejen proti předchozímu čtvrtletí, ale i meziročně. Ve své předběžné zprávě to dnes uvedl statistický úřad Eurostat. Zadlužení zemí platících eurem je ještě vyšší. Naopak zadlužení České republiky se snížilo, a to na 44,1 procenta HDP. Meziročně je ale vyšší.
Celkový hrubý veřejný dluh EU v prvním čtvrtletí vzrostl nad 15,704 bilionu eur (379,6 bilionu Kč) z více než 15,377 bilionu eur v závěru loňského roku. V České republice se dluh zvýšil nad 3,827 bilionu Kč z více než 3,786 bilionu Kč v závěru předchozího čtvrtletí, uvedl Eurostat. Údaj zahrnuje celkovou sumu peněz, kterou dluží stát a všechny veřejné instituce.
Přestože je celkový dluh v případě České republiky proti předchozímu čtvrtletí vyšší, zadlužení se mírně snížilo. To znamená, že dluh rostl pomaleji než ekonomika. Před rokem, tedy na konci prvního čtvrtletí 2025, činilo zadlužení Česka 43,3 procenta HDP a dluh přesahoval 3,535 bilionu korun. V celé EU bylo před rokem zadlužení na 81,4 procenta a celkový dluh přesahoval 14,827 bilionu eur.
Nejvyšší míru zadlužení v EU má i nadále Řecko, kde to bylo 143,5 procenta HDP. Následovala Itálie (138,9 procenta), Francie (117,6 procenta), Belgie (109,1 procenta) a Španělsko (101,6 procenta). Naopak nejnižší zadlužení mělo i nadále Estonsko (25,2 procenta). Následuje Dánsko (26,8 procenta), Bulharsko (28,5 procenta) a Lucembursko (29,2 procenta).
V 17 zemích EU se zadlužení v prvním čtvrtletí proti předchozím třem měsícům zvýšilo, v devíti snížilo a v jedné zemi se nezměnilo. Relativně nejvíce se zvýšilo v Maďarsku, Litvě a Lucembursku, naopak nejvíce kleslo v Řecku, Bulharsku a Nizozemsku. U České republiky Eurostat v doprovodném textu uvádí, že zadlužení je proti předchozímu čtvrtletí beze změn, v tabulce má ale odlišné hodnoty. V meziročním srovnání se zadlužení zvýšilo v 19 zemích, snížilo se ve zbylých osmi.
Zadlužení eurozóny činilo na konci prvního čtvrtletí 88,9 procenta HDP a zvýšilo se jak proti předchozímu čtvrtletí, tak i meziročně.
Eurostat dnes zveřejnil i statistiku o vývoji deficitu veřejných financí. V celé EU schodek v prvním čtvrtletí klesl na 3,1 procenta HDP z 3,4 procenta na konci čtvrtého čtvrtletí, byl ale vyšší než před rokem, kdy činil 2,9 procenta HDP. V České republice deficit vzrostl na 2,3 procenta HDP z 2,2 procenta na konci loňského roku. Před rokem činil rovněž 2,2 procenta HDP.
Česká republika ve své novodobé historii, tedy od roku 1993, měla nejnižší zadlužení před rokem 2000, kdy se drželo do 15 procent HDP. Předsedou vlády byl tehdy Václav Klaus a krátce pak Josef Tošovský. Od roku 1999 až do roku 2013 se zadlužení vytrvale zvyšovalo a postupně se dostalo nad 40 procent HDP. V té době byli v čele vlád premiéři za ČSSD Miloš Zeman, Vladimír Špidla, Stanislav Gross a Jiří Paroubek, později premiéři za ODS Mirek Topolánek a Petr Nečas a dva nestraníci Jan Fischer a Jiří Rusnok. Od té doby až do pandemie covidu-19 zadlužení klesalo, v roce 2019 se snížilo pod 30 procent HDP. V těch letech byli v čele vlád nejprve Bohuslav Sobotka za ČSSD a později Andrej Babiš z hnutí ANO.
Výrazně se zadlužení zvýšilo s nástupem covidové pandemie v roce 2020, a to nejen v Česku, ale i ve zbytku Evropy. V České republice v prvním covidovém roce přesáhlo 37 procent HDP, v růstu ale pokračovalo i v dalších letech, kdy byl předsedou vlády Petr Fiala z ODS. Na konci roku 2025 zadlužení Česka podle Eurostatu dosáhlo 44,2 procenta HDP.
Rozpočtová pravidla EU označovaná jako Pakt stability a růstu stanovují, aby se celkové zadlužení drželo pod 60 procenty HDP. Schodek rozpočtu pak nesmí překročit tři procenta HDP. Kvůli dopadům pandemie covidu-19 a potřebě zvýšeného financování byla účinnost těchto pravidel až do roku 2024 přechodně pozastavena.
Průmyslově-technologická skupina CSG oznámila záměr vybudovat v americkém Wisconsinu kapacity pro sériovou výrobu proudových motorů pro drony a bezpilotní prostředky. Výrobu zajistí nová společnost Firecrest Aerospace, což je společný podnik firem CSG USA a AviaNera Technologies ze skupiny CSG.
Společnost plánuje ve Stevens Point vybudovat pokročilé výrobní kapacity pro proudové a dvouproudové motory. Projekt počítá s počáteční investicí až 15 mil. USD a bude realizován v několika fázích, přičemž plný náběh sériové výroby s kapacitou až několika tisíc motorů ročně se očekává v roce 2027.
„Bezpilotní systémy budou zásadně ovlivňovat budoucnost obranného průmyslu i podobu moderních vojenských operací. CSG proto v této oblasti buduje vlastní dlouhodobé kompetence – od pohonných jednotek přes další klíčové subsystémy až po schopnost sériové výroby. AviaNera potvrzuje naše ambice stát se významným mezinárodním hráčem v segmentu technologií pro bezpilotní prostředky a projekt Firecrest Aerospace ve Wisconsinu je toho důležitou součástí,“ uvedl Michal Strnad, CEO a předseda představenstva CSG.
Akcie CSG Akcie CSG (BAACSG) dnes na pražské burze rostou o 1,48 % na 349,1 Kč, na RM-SYSTÉMu pak posilují o 1,99 % na 349 Kč.
Zdroj: CSG
Michal Šnobl
Fio banka, a.s.
Prohlášení
Související odkazy CSG: Deutsche Bank snižuje cílovou cenu z 30 EUR na 25 EUR se stávajícím doporučením „buy“ CSG zahájila výstavbu muničního komplexu pro americkou armádu CSG: Jefferies snižuje cílovou cenu z 30 EUR na 25 EUR se stálým doporučením „Buy“ CSG dokončila transfer technologie výroby střelného prachu do polské společnosti MESKO CSG oznámila založení nové americké dceřiné společnosti
Philip Morris International Inc‘s (NYSE:PM) investors may be eyeing potential gains from the tobacco company’s dividends ahead of its second-quarter earnings report on Wednesday, July 22.
Analysts expect quarterly earnings of $2.05 per share, up from $1.91 per share in the year-ago period. The consensus estimate for Philip Morris’ quarterly revenue is $10.64 billion. It reported $10.14 billion last year, according to Benzinga Pro.
Currently, Philip Morris has an annual dividend yield of 3.05% — a quarterly dividend of $1.47 per share ($5.88 a year).
So, how can investors exploit its dividend yield to pocket a regular $500 monthly?
To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $196,574 or around 1,020 shares. For a more modest $100 per month or $1,200 per year, you would need $39,315 or around 204 shares.
To CalculateDivide the desired annual income ($6,000 or $1,200) by the dividend ($5.88 in this case).
So, $6,000 / $5.88 = 1,020 ($500 per month), and $1,200 / $5.88 = 204 shares ($100 per month).
Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.
How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.
For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).
Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.
Price ActionShares of Philip Morris slipped 0.1% to close at $192.72 on Monday.
UBS analyst Faham Baig, on July 2, maintained Philip Morris with a Neutral and raised the price target from $168 to $182.
Photo via Shutterstock
Market News and Data brought to you by Benzinga APIs
Assetmark Inc. boosted its position in shares of Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN – Free Report) by 9.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,316 shares of the biopharmaceutical company’s stock after purchasing an additional 1,036 shares during the period. Assetmark Inc.’s holdings in Regeneron Pharmaceuticals were worth $9,516,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in REGN. Norges Bank bought a new position in Regeneron Pharmaceuticals in the 4th quarter valued at $1,012,296,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Regeneron Pharmaceuticals by 142.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,949,797 shares of the biopharmaceutical company’s stock worth $1,504,991,000 after purchasing an additional 1,144,887 shares during the last quarter. Nuveen LLC increased its stake in shares of Regeneron Pharmaceuticals by 71.1% in the fourth quarter. Nuveen LLC now owns 2,010,517 shares of the biopharmaceutical company’s stock valued at $1,551,858,000 after buying an additional 835,240 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Regeneron Pharmaceuticals by 8,620.0% in the fourth quarter. Wellington Management Group LLP now owns 664,465 shares of the biopharmaceutical company’s stock valued at $512,881,000 after buying an additional 656,845 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Regeneron Pharmaceuticals by 528.7% in the third quarter. AQR Capital Management LLC now owns 721,354 shares of the biopharmaceutical company’s stock worth $405,596,000 after acquiring an additional 606,612 shares during the last quarter. 83.31% of the stock is currently owned by institutional investors and hedge funds.
Regeneron Pharmaceuticals Stock Performance Shares of REGN stock opened at $672.15 on Tuesday. The company has a market capitalization of $71.06 billion, a P/E ratio of 16.38, a price-to-earnings-growth ratio of 1.50 and a beta of 0.24. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.96 and a current ratio of 3.57. Regeneron Pharmaceuticals, Inc. has a 52 week low of $541.00 and a 52 week high of $821.11. The company’s 50 day moving average price is $640.18 and its two-hundred day moving average price is $717.26.
Regeneron Pharmaceuticals (NASDAQ:REGN – Get Free Report) last released its earnings results on Wednesday, April 29th. The biopharmaceutical company reported $9.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.91 by $0.56. The firm had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.48 billion. Regeneron Pharmaceuticals had a return on equity of 13.16% and a net margin of 29.65%.The company’s revenue was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.22 EPS. On average, analysts expect that Regeneron Pharmaceuticals, Inc. will post 37.12 earnings per share for the current fiscal year.
Regeneron Pharmaceuticals Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th were given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Regeneron Pharmaceuticals’s payout ratio is 9.16%.
Insiders Place Their Bets In related news, Director Arthur F. Ryan sold 200 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $650.15, for a total value of $130,030.00. Following the transaction, the director owned 17,303 shares in the company, valued at approximately $11,249,545.45. This represents a 1.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 6.97% of the company’s stock.
Wall Street Analyst Weigh In A number of research analysts have commented on the company. HSBC decreased their price objective on Regeneron Pharmaceuticals from $990.00 to $880.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Wall Street Zen lowered Regeneron Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Royal Bank Of Canada decreased their price target on Regeneron Pharmaceuticals from $707.00 to $696.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 7th. Guggenheim lifted their price objective on Regeneron Pharmaceuticals from $975.00 to $995.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Finally, Morgan Stanley dropped their price objective on Regeneron Pharmaceuticals from $788.00 to $730.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $787.67.
Read Our Latest Stock Analysis on Regeneron Pharmaceuticals
Key Stories Impacting Regeneron Pharmaceuticals Here are the key news stories impacting Regeneron Pharmaceuticals this week:
Negative Sentiment: Multiple law firms, including Bernstein Liebhard, Levi & Korsinsky, the Schall Law Firm, the DJS Law Group, Faruqi & Faruqi, and Bronstein, Gewirtz & Grossman, announced or reminded investors about a class action lawsuit against Regeneron Pharmaceuticals, Inc. (REGN), with a lead plaintiff deadline of September 14, 2026. These notices suggest potential litigation risk and uncertainty for shareholders. Article Title Negative Sentiment: The lawsuit coverage increases headline risk and could weigh on sentiment until more details emerge about the alleged claims and the company’s response. Article Title Neutral Sentiment: The company previously reported strong quarterly results, including earnings and revenue that beat expectations, which remains a supportive backdrop for the stock even as legal issues dominate near-term trading. MarketBeat About Regeneron Pharmaceuticals (Free Report)
Regeneron Pharmaceuticals, Inc (NASDAQ: REGN) is a U.S.-based biotechnology company founded in 1988 and headquartered in Tarrytown, New York. It focuses on discovering, developing, manufacturing and commercializing medicines for serious medical conditions. The company combines laboratory research, clinical development and in-house manufacturing to advance a pipeline of biologic therapies across multiple therapeutic areas.
Regeneron is known for its proprietary drug discovery technologies, including its VelocImmune platform, which is used to generate fully human monoclonal antibodies.
Read More Five stocks we like better than Regeneron Pharmaceuticals The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding REGN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN – Free Report).
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Baader Bank Aktiengesellschaft boosted its position in Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN – Free Report) by 138.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,811 shares of the biopharmaceutical company’s stock after purchasing an additional 3,958 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Regeneron Pharmaceuticals were worth $5,262,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in REGN. Nordea Investment Management AB grew its holdings in shares of Regeneron Pharmaceuticals by 118.1% during the fourth quarter. Nordea Investment Management AB now owns 137,321 shares of the biopharmaceutical company’s stock valued at $105,810,000 after buying an additional 74,350 shares during the last quarter. Lockheed Martin Investment Management Co. purchased a new position in Regeneron Pharmaceuticals in the 4th quarter worth approximately $2,702,000. Asio Capital LLC purchased a new position in Regeneron Pharmaceuticals in the 4th quarter worth approximately $3,422,000. Robeco Institutional Asset Management B.V. lifted its position in Regeneron Pharmaceuticals by 116.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 261,850 shares of the biopharmaceutical company’s stock valued at $202,114,000 after acquiring an additional 140,966 shares in the last quarter. Finally, National Pension Service lifted its position in Regeneron Pharmaceuticals by 29.8% in the 4th quarter. National Pension Service now owns 360,988 shares of the biopharmaceutical company’s stock valued at $278,636,000 after acquiring an additional 82,853 shares in the last quarter. Hedge funds and other institutional investors own 83.31% of the company’s stock.
Key Headlines Impacting Regeneron Pharmaceuticals Here are the key news stories impacting Regeneron Pharmaceuticals this week:
Negative Sentiment: Multiple law firms, including Bernstein Liebhard, Levi & Korsinsky, the Schall Law Firm, the DJS Law Group, Faruqi & Faruqi, and Bronstein, Gewirtz & Grossman, announced or reminded investors about a class action lawsuit against Regeneron Pharmaceuticals, Inc. (REGN), with a lead plaintiff deadline of September 14, 2026. These notices suggest potential litigation risk and uncertainty for shareholders. Article Title Negative Sentiment: The lawsuit coverage increases headline risk and could weigh on sentiment until more details emerge about the alleged claims and the company’s response. Article Title Neutral Sentiment: The company previously reported strong quarterly results, including earnings and revenue that beat expectations, which remains a supportive backdrop for the stock even as legal issues dominate near-term trading. MarketBeat Analyst Upgrades and Downgrades REGN has been the subject of a number of research analyst reports. Guggenheim lifted their target price on Regeneron Pharmaceuticals from $975.00 to $995.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Truist Financial decreased their price target on Regeneron Pharmaceuticals from $778.00 to $769.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Wells Fargo & Company lowered their price target on Regeneron Pharmaceuticals from $800.00 to $700.00 and set an “equal weight” rating on the stock in a report on Monday, May 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Regeneron Pharmaceuticals in a research report on Wednesday, June 24th. Finally, Royal Bank Of Canada reduced their price objective on Regeneron Pharmaceuticals from $707.00 to $696.00 and set a “sector perform” rating for the company in a report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Regeneron Pharmaceuticals presently has a consensus rating of “Moderate Buy” and a consensus target price of $787.67.
View Our Latest Report on Regeneron Pharmaceuticals
Insider Activity at Regeneron Pharmaceuticals In related news, Director Arthur F. Ryan sold 200 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $650.15, for a total transaction of $130,030.00. Following the completion of the sale, the director owned 17,303 shares in the company, valued at approximately $11,249,545.45. This represents a 1.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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. 6.97% of the stock is owned by insiders.
Regeneron Pharmaceuticals Trading Down 0.7% Shares of REGN stock opened at $672.15 on Tuesday. Regeneron Pharmaceuticals, Inc. has a 12-month low of $541.00 and a 12-month high of $821.11. The company has a current ratio of 3.57, a quick ratio of 2.96 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average is $640.18 and its 200 day moving average is $717.26. The stock has a market capitalization of $71.06 billion, a P/E ratio of 16.38, a P/E/G ratio of 1.50 and a beta of 0.24.
Regeneron Pharmaceuticals (NASDAQ:REGN – Get Free Report) last announced its earnings results on Wednesday, April 29th. The biopharmaceutical company reported $9.47 earnings per share for the quarter, beating analysts’ consensus estimates of $8.91 by $0.56. The business had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.48 billion. Regeneron Pharmaceuticals had a net margin of 29.65% and a return on equity of 13.16%. The company’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same period in the previous year, the business earned $8.22 EPS. Research analysts expect that Regeneron Pharmaceuticals, Inc. will post 37.12 earnings per share for the current year.
Regeneron Pharmaceuticals Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 20th were issued a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $3.76 annualized dividend and a dividend yield of 0.6%. Regeneron Pharmaceuticals’s payout ratio is presently 9.16%.
Regeneron Pharmaceuticals Company Profile (Free Report)
Regeneron Pharmaceuticals, Inc (NASDAQ: REGN) is a U.S.-based biotechnology company founded in 1988 and headquartered in Tarrytown, New York. It focuses on discovering, developing, manufacturing and commercializing medicines for serious medical conditions. The company combines laboratory research, clinical development and in-house manufacturing to advance a pipeline of biologic therapies across multiple therapeutic areas.
Regeneron is known for its proprietary drug discovery technologies, including its VelocImmune platform, which is used to generate fully human monoclonal antibodies.
Featured Stories Five stocks we like better than Regeneron Pharmaceuticals The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding REGN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN – Free Report).
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The macro backdrop appears murky as President Trump sets a 50% tariff on Canadian goods, paired with lasting tensions between the U.S. and Iran pinning pressure on crude oil. Alex Coffey discusses the key points to keep in mind and how it affects Tuesday's trading session.
Artificial intelligence is moving into a new phase. The first wave centered on building massive GPU clusters to train ever-larger models. Now the industry is broadening. Companies are investing in AI memory, networking, storage, and increasingly powerful CPUs to support emerging workloads such as agentic AI.
That shift matters because it expands the number of semiconductor companies benefiting from AI spending instead of narrowing it. Few businesses are better positioned to capitalize on that trend than Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction), which manufactures chips for nearly every major AI designer regardless of which technology ultimately comes out on top.
AI Growth Is Expanding Beyond GPUs Taiwan Semiconductor’s second-quarter results underscored just how central the company has become to the AI ecosystem. According to its second-quarter earnings release, revenue climbed to NT$1.27 trillion (about $40 billion), up 36% year over year, while net income surged 77%. Gross margin remained a robust 67.7%, highlighting that demand continues to outstrip supply for the company’s advanced manufacturing capacity.
Those results shouldn’t be viewed as a one-quarter success. Instead, they illustrate how AI demand continues to ripple across the semiconductor industry.
Today’s AI leaders, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Apple (NASDAQ:AAPL), Qualcomm (NASDAQ:QCOM), and many others, rely on Taiwan Semiconductor’s manufacturing expertise. Whether companies are building GPUs, AI accelerators, networking chips, or custom silicon, many eventually end up at TSM’s fabs.
Let’s look at what that means. Instead of betting on which chip designer will dominate AI over the next decade, investors can own the company building chips for nearly all of them.
“The AI market continues to be very dynamic. The emergence of Agentic AI is leading to a resurgence in the role of CPUs in AI data centers… no matter what CPU approach is taken, whether it’s x86, ARM-based, or RISC-V architecture, they are almost all TSMC’s customers.”
That’s an important point investors shouldn’t overlook. The CPU market now has multiple growth paths:
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
CPU Architecture Key Players Why It Matters For TSM x86 AMD, Intel (NASDAQ:INTC) AI servers continue requiring powerful host CPUs ARM Nvidia, Ampere, Apple, Amazon (NASDAQ:AMZN) Custom processors are becoming more common in AI infrastructure RISC-V Numerous startups and hyperscalers Open-source architecture is attracting growing investment In every case, Taiwan Semiconductor stands to manufacture many of those chips.
Ironically, investors don’t have to predict which CPU architecture wins. If AI demand continues expanding, TSM benefits from higher wafer volumes regardless of whether x86, ARM, or RISC-V captures the largest market share.
Key Takeaway In short, Taiwan Semiconductor offers investors something increasingly rare: a way to benefit from AI without having to predict which chip company becomes the next superstar.
Granted, risks remain. Semiconductor demand has always been cyclical, geopolitical tensions surrounding Taiwan haven’t disappeared, and AI spending could eventually slow from today’s rapid pace.
That said, the AI opportunity is becoming broader rather than narrower. Memory, CPUs, networking, and custom AI silicon are all seeing growing investment alongside GPUs. Since Taiwan Semiconductor sits at the center of nearly every one of those markets, each new AI trend creates another avenue for growth.
Ultimately, that’s the company’s greatest competitive advantage. AI may evolve in ways nobody fully expects over the next decade. Regardless of whether the future belongs to GPUs, custom accelerators, ARM processors, x86 chips, or RISC-V designs, Taiwan Semiconductor is positioned to manufacture the silicon powering them all.
For investors looking for one company that can ride nearly every wave of the AI revolution, that’s a compelling place to start.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
US-listed shares of Taiwan Semiconductor Manufacturing Co. rose nearly 4% in pre-market trading on Tuesday after a report said the world's largest contract chipmaker has finalized plans to increase chipmaking prices next year.
According to a Nikkei Asia report, TSMC has completed discussions with customers on base-price increases ranging from 5% to 10% for both advanced and mature semiconductor production.
The changes are expected to take effect in 2027 as the company seeks to offset rising manufacturing costs.
The report said TSMC began discussions with customers in June and concluded negotiations this month.
The planned increases would apply across advanced and mature chip production, while some artificial intelligence chip orders could face additional surcharges because of continued demand.
The reported price increases come as TSMC faces higher costs for materials, manufacturing equipment and power while continuing to expand production capacity.
The company recently raised its 2026 capital spending outlook, citing strong AI demand and the increasing cost of expanding manufacturing capacity, including its Arizona operations, where its total investment pipeline now stands at $265 billion.
TSMC manufactures chips for some of the world's largest technology companies, including Nvidia, Apple, Advanced Micro Devices, Qualcomm, Amazon and Alphabet.
The Nikkei report said TSMC delayed the planned price increases until 2027 to give customers time to adjust.
Despite the reported pricing changes, the company reiterated its long-standing approach to customer relationships.
"We don’t suddenly increase our price," Chief Executive Officer C. C. Wei told analysts in July after reporting quarterly earnings. "We earn our value and we make sure that our profit, our gross margin is enough for our long-term sustained expansion, that’s to the benefit of my customers and TSMC also, that’s our philosophy."
TSMC also said in a statement on Tuesday: "Our pricing strategy is strategic, not opportunistic. We will continue to work closely with customers and sell our value to them."
According to the report, TSMC's largest AI customers could see the biggest increases.
Orders for high-performance computing chips beyond previously agreed volumes may carry an additional surcharge of 10% to 15% on top of the base price increases.
As a result, some advanced AI chip orders could see total price increases exceeding 10%.
Advanced manufacturing nodes of 7 nanometers and below accounted for 77% of TSMC's second-quarter revenue, while mature nodes including 12nm, 16nm and 28nm contributed the remaining 23%.
The company continues to expand manufacturing capacity to meet demand for AI chips used in data centers, with customers such as Nvidia seeking faster production to ease supply constraints.
Last week, TSMC reported second-quarter revenue of NT$1.27 trillion ($39.44 billion), ahead of Wall Street estimates of NT$1.26 trillion.
Adjusted earnings per share came in at NT$27.25, exceeding estimates of NT$24.29.
During an interview with CNBC last week, Chief Financial Officer Wendell Huang said TSMC is accelerating the buildout of its Arizona facilities to capitalize on the AI "megatrend."
"We’re seeing this strong-structure, multi-year demand, and we do not plan to leave any food on the table for anybody else," Huang said.
He added that the company's 2-nanometer technology is expected to become a larger revenue driver over the coming quarters.
Andra AP fonden lowered its position in shares of Abbott Laboratories (NYSE:ABT – Free Report) by 36.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 206,708 shares of the healthcare product maker’s stock after selling 118,500 shares during the quarter. Andra AP fonden’s holdings in Abbott Laboratories were worth $21,223,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the stock. Cornerstone Financial Management LLC acquired a new position in Abbott Laboratories during the fourth quarter worth approximately $25,000. MidAtlantic Capital Management Inc. bought a new stake in Abbott Laboratories during the 4th quarter worth $25,000. Purpose Unlimited Inc. bought a new stake in shares of Abbott Laboratories in the 4th quarter valued at about $25,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Abbott Laboratories during the 4th quarter valued at about $26,000. Finally, Abound Financial LLC acquired a new stake in Abbott Laboratories in the fourth quarter worth $26,000. Institutional investors and hedge funds own 75.18% of the company’s stock.
Analysts Set New Price Targets ABT has been the subject of several recent analyst reports. Raymond James Financial reduced their target price on Abbott Laboratories from $130.00 to $115.00 and set an “outperform” rating for the company in a report on Friday, April 17th. UBS Group decreased their target price on shares of Abbott Laboratories from $158.00 to $135.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. The Goldman Sachs Group dropped their price target on Abbott Laboratories from $121.00 to $113.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Piper Sandler reissued an “overweight” rating and set a $118.00 price objective (up from $115.00) on shares of Abbott Laboratories in a research report on Friday. Finally, Weiss Ratings raised shares of Abbott Laboratories from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 7th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Abbott Laboratories has an average rating of “Moderate Buy” and a consensus target price of $118.61.
View Our Latest Stock Report on ABT
Abbott Laboratories Trading Up 1.0% NYSE:ABT opened at $101.72 on Tuesday. The stock has a market cap of $177.18 billion, a price-to-earnings ratio of 32.92, a PEG ratio of 1.73 and a beta of 0.61. The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 0.56. The company’s 50 day moving average price is $90.28 and its 200-day moving average price is $101.84. Abbott Laboratories has a 52 week low of $81.97 and a 52 week high of $137.49.
Abbott Laboratories (NYSE:ABT – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The healthcare product maker reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.03. The company had revenue of $12.51 billion during the quarter, compared to analyst estimates of $12.52 billion. Abbott Laboratories had a net margin of 11.65% and a return on equity of 17.65%. The firm’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 EPS. Abbott Laboratories has set its Q3 2026 guidance at 1.380-1.46 EPS and its FY 2026 guidance at 5.450-5.60 EPS. On average, equities research analysts forecast that Abbott Laboratories will post 5.48 earnings per share for the current fiscal year.
Abbott Laboratories Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Wednesday, July 15th will be given a $0.63 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $2.52 dividend on an annualized basis and a yield of 2.5%. Abbott Laboratories’s payout ratio is 81.55%.
Insider Transactions at Abbott Laboratories In related news, CFO Philip P. Boudreau purchased 2,200 shares of Abbott Laboratories stock in a transaction dated Thursday, April 23rd. The stock was purchased at an average cost of $91.50 per share, for a total transaction of $201,300.00. Following the completion of the purchase, the chief financial officer directly owned 2,200 shares of the company’s stock, valued at $201,300. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Daniel J. Starks acquired 10,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were bought at an average price of $92.65 per share, for a total transaction of $926,500.00. Following the transaction, the director owned 6,751,103 shares of the company’s stock, valued at $625,489,692.95. This trade represents a 0.15% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.46% of the company’s stock.
Abbott Laboratories Company Profile (Free Report)
Abbott Laboratories is a global healthcare company headquartered in Abbott Park, Illinois, that develops, manufactures and markets a broad portfolio of medical products and services. Founded in 1888, Abbott operates through multiple business areas that focus on diagnostics, medical devices, nutritionals and established pharmaceuticals. The company supplies hospitals, clinics, laboratories, retailers and direct-to-consumer channels with products intended to diagnose, treat and manage a wide range of health conditions.
In diagnostics, Abbott provides laboratory and point-of-care testing platforms and assays used to detect infectious diseases, chronic conditions and biomarkers; its Alinity family of instruments and rapid-test solutions are examples of this capability.
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Item 1 of 3 A combination image shows an injection pen of Zepbound, Eli Lilly's weight loss drug, in New York City, U.S., December 11, 2023 (left) and a box of Mounjaro, a tirzepatide injection drug used for treating type 2 diabetes and made by Lilly, at Rock Canyon Pharmacy in Provo, Utah, U.S., March 29, 2023. REUTERS/Brendan McDermid/George Frey REFILE - QUALITY REPEAT
[1/3]A combination image shows an injection pen of Zepbound, Eli Lilly's weight loss drug, in New York City, U.S., December 11, 2023 (left) and a box of Mounjaro, a tirzepatide injection drug used for... Purchase Licensing Rights, opens new tab Read more
SummaryCompaniesNovo accuses Lilly of claiming its weight-loss medicines outperform Novo'sDanish drugmaker alleges Lilly violated ad and unfair competition laws in Zepbound and Mounjaro adsEli Lilly not immediately available to commentNovo, Lilly locked in battle to dominate U.S. obesity drug marketLONDON, July 21 (Reuters) - Novo Nordisk (NOVOb.CO), opens new tab sued rival Eli Lilly (LLY.N), opens new tab in a U.S. federal court on Tuesday, accusing the U.S. drugmaker of false advertising in claiming its weight-loss medicines outperform Novo's drugs.
The Danish company filed the lawsuit in U.S. District Court in New Jersey, alleging Lilly violated federal and state false advertising and unfair competition laws, including the Lanham Act, through nationwide advertising campaigns for obesity drug Zepbound and diabetes treatment Mounjaro.
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Novo alleges Lilly compared the highest approved doses of its medicines with lower doses of Novo's Wegovy and Ozempic while omitting newer, higher-dose versions that Novo says deliver greater weight loss.
Indianapolis-based Eli Lilly did not immediately respond to a request for comment.
"The ads are maliciously and deceptively false because Lilly knowingly cites outdated clinical trials that compare the highest doses of the Lilly medicines to lower doses of Novo Nordisk’s medicines," Novo wrote in its complaint.
Novo and Lilly are locked in a fierce battle for dominance in the U.S. obesity drug market, which analysts expect to be worth more than $100 billion by 2030.
Novo was first to market with weight-loss injection Wegovy, but later lost the lead to Lilly's rival Zepbound. After replacing its CEO and issuing multiple profit warnings last year, Novo has landed a counterpunch with oral Wegovy, whose strong demand has held up despite the launch of Lilly's competing pill.
Novo said it is seeking a court order requiring Lilly to withdraw the advertisements and run a corrective advertising campaign. It added that it plans to seek a preliminary injunction if Lilly does not voluntarily remove the ads.
Novo is also seeking damages, including Lilly's profits that can be attributed to the ads.
Shares of Eli Lilly (LLY.N), opens new tab fell 0.5% to $1141.84 in pre-market U.S. trade, while Copenhagen-listed Novo Nordisk (NOVOb.CO), opens new tab shares were down 1.7% in afternoon trading.
'INADEQUATE DISCLAIMER' IN ADSNovo said it sent Lilly a cease-and-desist letter in April after the U.S. approved a 7.2-milligram dose of Wegovy. Lilly did not respond to the letter, Novo's general counsel John Kuckelman told Reuters, adding that the company instead inserted what he described as an inadequate disclaimer into the advertisements.
Novo says the scale of Lilly's campaign is massive. The ad campaign has been served up to consumers more than 700 million times just since Lilly modified its ad after Novo's letter in late April.
Kuckelman said Lilly's advertisements compare weight-loss results of about 50 pounds for Zepbound with about 33 pounds for Wegovy, even though no head-to-head trial has compared the highest approved doses of the medicines. He said separate late-stage trials of the highest doses showed average weight loss of about 48 pounds for Zepbound and 47 pounds for Wegovy.
Reporting by Maggie Fick and Michael Erman; Additional reporting by Jonathan Stempel and Christy Santhosh editing by Caroline Humer, Nia Williams and Susan Fenton
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Maggie is a Britain-based reporter covering the European pharmaceuticals industry with a global perspective. In 2023, Maggie's coverage of Danish drugmaker Novo Nordisk and its race to increase production of its new weight-loss drug helped the Health & Pharma team win a Reuters Journalists of the Year award in the Beat Coverage of the Year category. Since November 2023, she has also been participating in Reuters coverage related to the Israel-Hamas war. Previously based in Nairobi and Cairo for Reuters and in Lagos for the Financial Times, Maggie got her start in journalism in 2010 as a freelancer for The Associated Press in South Sudan.
Novo Nordisk has filed a lawsuit against Eli Lilly LLY in a US federal court, accusing its rival of running false and misleading advertising campaigns for its blockbuster diabetes and weight-loss drugs.
The lawsuit, filed Tuesday in the US District Court for the District of New Jersey, alleges that Eli Lilly and Lilly USA violated federal and state false advertising and unfair competition laws, including the Lanham Act.
According to Novo Nordisk, Lilly's nationwide direct-to-consumer advertising for Zepbound and Mounjaro misleads consumers by comparing Lilly's products with lower-dose versions of Novo's Wegovy and Ozempic while excluding information about higher-dose formulations that have since become available.
Novo Nordisk alleged that Lilly's advertising campaign falsely creates the impression that Zepbound is more effective than Wegovy for weight loss and that Mounjaro lowers blood sugar more effectively than Ozempic.
According to the complaint, Lilly's advertisements rely on outdated clinical trials that compare the highest doses of Zepbound with lower doses of Wegovy rather than the latest FDA-approved formulation.
Novo said the advertisements do not include its 7.2 mg injectable Wegovy dose, which the US Food and Drug Administration approved in March 2026 and which, according to the company, demonstrated an average body weight reduction of approximately 19%, or about 47 pounds.
The company also argued that no head-to-head clinical trial has compared the highest approved doses of Zepbound and Wegovy, making Lilly's broader product superiority claims misleading.
Regarding diabetes treatments, Novo alleged that Lilly compares the highest approved dose of Mounjaro, 15 mg, with Ozempic's 1 mg dose despite the FDA approving a 2 mg maintenance dose of Ozempic more than four years ago.
Novo said the advertising campaigns have appeared during widely viewed sporting broadcasts and on social media platforms including TikTok and Facebook, contributing to what it described as widespread consumer confusion.
Novo Nordisk said it is seeking a permanent injunction requiring Lilly to discontinue the advertisements across all platforms and conduct a corrective advertising campaign.
The company is also seeking damages, including "any and all of defendants' profits" that it alleges were generated through the advertising.
According to Novo, the legal action follows Lilly's refusal to withdraw or substantially revise the advertisements despite receiving a formal cease-and-desist request.
Novo also said it has informed Lilly that it intends to seek a preliminary injunction in the coming days if the company does not voluntarily remove the advertisements, arguing that consumers are being confused and misled.
“As new and more effective treatment options become available, people deserve accurate information that reflects the latest scientific evidence and helps them make informed care decisions," John F. Kuckelman, senior vice president and Group General Counsel at Novo Nordisk, said in a statement.
“Healthcare companies have a responsibility to keep their public claims accurate and current — ineffective, fine-print disclaimers do not fix the misleading impression created by major national campaigns,” Kuckelman added.
The legal dispute marks the latest confrontation between Novo Nordisk and Eli Lilly, the two companies with approved products in the rapidly expanding obesity drug market.
Lilly currently leads Novo across the combined diabetes and obesity treatment markets.
However, Novo has gained ground with its oral Wegovy weight-loss pill, which launched in the United States in January before Lilly introduced its own oral treatment in April.
Danaher (DHR - Free Report) came out with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.84 per share. This compares to earnings of $1.8 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.44%. A quarter ago, it was expected that this industrial and medical device maker would post earnings of $1.94 per share when it actually produced earnings of $2.06, delivering a surprise of +6.19%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Danaher, which belongs to the Zacks Medical Services industry, posted revenues of $6.27 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.88%. This compares to year-ago revenues of $5.94 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Danaher shares have lost about 12.2% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Danaher?While Danaher has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Danaher was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.05 on $6.31 billion in revenues for the coming quarter and $8.45 on $25.59 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical Services is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, IceCure Medical Ltd. (ICCM - Free Report) , has yet to report results for the quarter ended June 2026.
This company is expected to post quarterly loss of $0.95 per share in its upcoming report, which represents a year-over-year change of +47.2%. The consensus EPS estimate for the quarter has been revised 37.8% higher over the last 30 days to the current level.
IceCure Medical Ltd.'s revenues are expected to be $2.53 million, up 386.5% from the year-ago quarter.
CompaniesJuly 21 (Reuters) - Danaher (DHR.N), opens new tab raised its annual profit forecast on Tuesday, but shares fell nearly 12% in premarket trading after the life sciences firm trimmed its core revenue growth outlook and reported weaker-than-expected revenue in its biotechnology business.
The results come as conditions are improving for the life sciences tools industry as biotechs and pharmaceutical companies increase spending on research and manufacturing programs after a prolonged post-pandemic slowdown.
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However, the outlook is "mixed and not consistent with a re-acceleration narrative," RBC Capital Markets analysts said.
Danaher's results also weighed on peers; Agilent Technologies (A.N), opens new tab fell 1.7% before the bell, while Thermo Fisher Scientific (TMO.N), opens new tab, Revvity (RVTY.N), opens new tab and Illumina (ILMN.O), opens new tab declined 2% to 4%.
Danaher lowered the upper end of its core revenue growth outlook range for the year to 4% from 6% to reflect the impact of weaker respiratory testing revenue, while maintaining the lower end at 3%.
Revenue from its biotechnology unit rose 4% to $1.92 billion, below estimates of $1.97 billion, according to data compiled by LSEG.
Danaher said underlying demand for bioprocessing, including equipment and consumables used to make biologic drugs, remained strong, with orders rising by a mid-teens percentage in the quarter, although customer project timing weighed on revenue.
"Assuming demand is not falling off a cliff this badly and this is just a push-out issue, we would think some of the weakness would get bought throughout the day for shares to close down," Barclays analysts said.
Danaher expects full-year adjusted per-share profit of $8.45 to $8.60, up from $8.35 to $8.55 previously. Analysts were expecting full-year adjusted profit of $8.45 per share.
The company posted second-quarter profit of $1.94 per share, above analysts' estimates of $1.83 per share. Revenue rose 5.5% to $6.27 billion, topping estimates of $6.10 billion.
Life sciences revenue increased 5.5% to $1.88 billion, above estimates of $1.80 billion.
Reporting by Sahil Pandey and Mariam Sunny in Bengaluru; Editing by Sahal Muhammed
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Straight Out Of A Soap Opera: Biotech Exec Arrested After 21 Years On The Run Danaher (DHR) stock plummeted Tuesday, looking likely to undercut its 21-day and 50-day lines, after reporting what one analyst called "surprisingly soft" bioprocessing sales. The medtech giant beat top- and bottom-line expectations, thanks to a strong life sciences division, William Blair analyst Matt Larew said in a report. But the bioprocessing division was weaker than expected, leading Danaher to tighten…
Silver Mines Ltd (ASX:SVL, OTC:SLVMF, FRA:SWQ) has completed a definitive feasibility study (DFS) for the Bowdens Silver Project in New South Wales, outlining a potential 26-year operation with a pre-tax net present value of A$1.04 billion and silver reserves of 93.5 million ounces.
The updated ore reserve stands at 47.9 million tonnes grading 60.8 g/t silver, 0.36% zinc and 0.26% lead, representing a 30% increase in contained silver and a 46% rise in reserve tonnes compared with the previous estimate.
Silver is expected to generate around 91% of project revenue, reinforcing Bowdens’ position as one of the world’s largest undeveloped, silver-dominant projects.
Strong project returns The staged development plan carries an estimated initial capital cost of A$455 million.
Using a silver price of US$45 per ounce and an Australian-US dollar exchange rate of 0.70, the full life-of-mine plan is forecast to generate a pre-tax operating margin of A$2.39 billion and an undiscounted pre-tax operating surplus of A$1.94 billion.
The project has a forecast pre-tax internal rate of return of 31.5% and a three-year payback period from the start of production.
At the spot assumptions used in the study — US$61 per ounce silver and an exchange rate of 0.69 — the pre-tax NPV increases to A$2.01 billion and the operating margin rises to A$4.04 billion.
Staged development at Bowdens Stage 1 would process 29.9 million tonnes grading 68 g/t silver for 65.4 million ounces over approximately 16 years, with a low waste-to-ore strip ratio of 1.47:1.
During the first five years, average silver production is forecast at 4.7 million ounces annually, with all-in sustaining costs of A$20.47 per ounce, or US$14.33 per ounce.
A proposed second stage would process a further 18.3 million tonnes and extend the potential operating life to 26 years. The additional filtered tailings infrastructure required for Stage 2 has currently been assessed to pre-feasibility study level.
Across the full mine plan, payable production is estimated at 73.2 million ounces of silver, alongside 46,000 tonnes of zinc and 84,000 tonnes of lead.
Approvals remain the priority Immediate focus remains securing development consent from the NSW Government and Independent Planning Commission.
Following consent, Silver Mines will progress the remaining federal environmental permit and state mining lease approvals.
Advanced engineering work relating to the front-end engineering and design process will also begin, while Silver Mines reviews its biodiversity offset strategy and continues discussions with potential project funding partners.
Managing director Jo Battershill said the DFS marked a significant milestone and demonstrated the project’s potential to deliver long-term employment, government revenue and shareholder returns.
“The completion of the Bowdens DFS is a significant milestone for the company and its shareholders. The Board of Silver Mines would like to extend its appreciation to both the shareholder base for its ongoing patience, and the site team for completing this extensive package of works – while facing significant distractions related to the approval process.
“With the Project’s consent now in the hands of the NSW government and Independent Planning Commission, it is important to focus on the economic benefits that the BSP can bring to the community and investors alike. With the regional coal industry under pressure from decarbonisation of the economy, the benefits of this project to the local community are increasingly important.
“With a potential mine life now anticipated to be more than 25 years, the BSP is expected to deliver generational employment opportunities for more than 200 locals at steady state operations, hand-in-hand with strong financial returns to the state government from taxes and royalties, the local council through the voluntary planning agreement and investors alike.
“We very much look forward to progressing the BSP through into the FEED process and subsequent development.”
About Silver Mines Silver Mines is focused on developing the Bowdens Silver Project, around 26 kilometres east of Mudgee in central New South Wales.
Bowdens is Australia’s largest undeveloped silver deposit and sits within a 2,115-square-kilometre tenement package covering around 80 kilometres of the mineralised Rylstone Volcanics.
The broader district is prospective for further silver-lead-zinc, volcanogenic massive sulphide and copper-gold mineralisation.
H&P Research has assigned Tamboran Resources Corporation (NYSE:TBN, ASX:TBN, OTC:TBNRL, FRA:O8R) a risked valuation implying 113% upside, concluding that the company’s record stimulation campaign in the Beetaloo Basin has materially reduced execution risk ahead of first gas.
The research house maintained its risked net asset valuation of US$67 per Tamboran US-listed share, equivalent to A$0.47 per ASX-listed CDI and more than double the prevailing market price.
The research house concluded that Tamboran’s record Beetaloo Basin stimulation campaign had materially reduced execution risk, while first gas, lower well costs and a potential Orion farm-out could provide further catalysts during the second half of 2026.
H&P derived an unrisked valuation of more than US$7.1 billion, or US$196 per share, and a risked valuation of about US$2.4 billion. The assessment includes Tamboran’s initial pilot development, the larger Orion project, EP 161 and its interest in the Beetaloo Central Development Area.
Record campaign reduces development risk The positive conclusion followed Tamboran’s completion of stimulation, cleanout and completion activities at the Shenandoah South 3H, 4H and 5H wells in the Northern Pilot Area.
Liberty Energy placed 178 fracture stages across around 30,000 feet of horizontal well length, making it the largest stimulation campaign completed in the Beetaloo Basin.
The program averaged 6.7 stages per day and established basin records of 12 stages in a single day and more than 20 hours of pumping operations per day.
H&P said the performance was comparable with mature US shale regions and demonstrated that the repeatable “manufacturing” model used to reduce costs in North America could be applied in the Beetaloo.
First gas remains key catalyst The three wells will now be connected to the Sturt Plateau Compression Facility, where construction is nearing completion within its A$141 million gross budget.
Commissioning is expected to begin shortly, keeping first gas sales to the Northern Territory Government on track for the September quarter of 2026.
The APA-owned pipeline connecting the facility to the Amadeus Gas Pipeline and the Northern Territory market has already been built and is undergoing final commissioning.
Tamboran has also started drilling the Shenandoah South 7H, 8H and 9H backfill wells, which are expected to be stimulated during the second half and connected as required to maintain plateau production.
Local sand could lower well costs The completed campaign included the first use of locally sourced “Beetaloo Red” sand across 10 stages of the SS-4H well.
H&P estimates that successful adoption of local proppant could reduce costs by around US$4 million for each 10,000-foot well by cutting transport and logistics expenses.
The firm said the sand trial, combined with the operational records achieved during stimulation, marked the beginning of Tamboran’s cost-reduction strategy.
About Tamboran Resources Tamboran Resources is developing natural gas assets across the Beetaloo Sub-basin in Australia’s Northern Territory.
Following its acquisition of Falcon Oil & Gas subsidiaries in May 2026, Tamboran increased its Beetaloo position to around 2.9 million net acres and lifted its interests in the Northern Pilot Area to 44% and Orion to 78%.
H&P said Tamboran was funded through 2028 and entered potential Orion farm-out negotiations from a stronger position following the successful stimulation campaign and external validation of Beetaloo acreage values.
Production continues to ramp for U.S. Navy's most advanced maritime radar
, /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded a $1.8 billion contract extension for SPY-6 radars for the U.S. Navy, building on the initial hardware production and sustainment contract awarded in March 2022. The contract includes options which, if exercised, would bring the cumulative value to $3.3 billion.
"This contract extension reflects the Navy's confidence in our ability to deliver advanced, reliable and scalable radar solutions," said Barbara Borgonovi, president of Naval Power at Raytheon. "Our continued investment and commitment to ramping production will ensure the fleet has the sensing advantage to stay ahead of evolving threats for decades to come."
SPY-6 is now aboard two commissioned U.S. Navy ships and is installed on 11 others, all of which are undergoing various stages of testing. Over the next decade, SPY-6 is expected to be deployed on more than 50 U.S. Navy ships, giving the fleet unmatched sensing capability and multi-mission readiness to stay ahead of evolving threats.
Raytheon's SPY-6 family of radars are built on more than a decade of design, testing and manufacturing experience and have been validated by successful performance at sea. The company has invested more than $800 million to modernize its radar manufacturing facilities and expand production capacity. With these upgrades, Raytheon is positioned to double SPY-6 output by 2028, helping ensure long-term availability and lowering cost for the Navy.
Raytheon is significantly expanding its engineering workforce in Andover to support this critical program. Opportunities are available for emerging talent, experienced professionals, and veterans. Discover open roles on our website and apply today.
About Raytheon
Raytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space.
About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.
For questions or to schedule an interview, please contact [email protected].
Funding will enhance capabilities at Pratt & Whitney Canada's global headquarters and largest manufacturing site
, /PRNewswire/ -- Farnborough International Airshow — Pratt & Whitney Canada announced today a $275 million Canadian dollar investment to enhance manufacturing operations at its Longueuil, Quebec, facility. The investment will be funded by Pratt & Whitney Canada with support from Innovation, Science and Economic Development Canada and the Ministère de l'Économie, de l'Innovation et de l'Énergie du Québec. Pratt & Whitney is an RTX (NYSE: RTX) business.
"This strategic investment in Longueuil strengthens our industrial capacity, enabling us to better support our customers and meet growing global demand," said Satheeshkumar Kumarasingam, president, Pratt & Whitney Canada. "It also reinforces our longstanding role as a pillar of the Québec aerospace ecosystem and a major contributor to Canadian aviation."
With this investment, Pratt & Whitney Canada will enhance industrial capabilities at its largest manufacturing facility, where nearly 4,500 employees support the production of engines for regional, business, general aviation and rotorcraft platforms. The site will add automated production lines, modernized machinery and cutting-edge digital processes, helping to drive greater efficiency and precision throughout its operations.
About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.
About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.
For questions or to schedule an interview, please contact [email protected]
With Texas Instruments (NASDAQ:TXN | TXN Price Prediction) and ServiceNow (NYSE:NOW) both reporting Q2 2026 results after market close on Wednesday, July 22, 2026, the question for investors is simple: which name is Wall Street actually leaning into ahead of the same-session report?
ServiceNow shares are under pressure. Why is NOW stock trading lower? Earnings Preview & HistoryServiceNow is scheduled to report second-quarter earnings on July 22. The company is expected to report earnings per share of 76 cents along with revenue of $3.93 billion. For the prior quarter, ServiceNow reported earnings per share of 97 cents, beating the consensus estimate of 80 cents. The company also posted revenue of $3.77 billion, exceeding the consensus estimate of $3.75 billion.
ServiceNow has beaten EPS estimates in eight consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 0.33% and a revenue surprise of 0.02%.
Analyst Consensus & Recent Actions The stock carries a Buy rating with an average price forecast of $135.63. Recent analyst moves include:
DA Davidson: Buy (Lowers Target to $170.00) (July 20) Cantor Fitzgerald: Overweight (Raises Target to $141.00) (July 20) CLSA: Initiated with Underperform (Target $72.00) (July 20) A Bearish Backdrop, But StabilizingServiceNow is trading 0.8% below its 20-day SMA ($102.89), 1.5% below its 50-day SMA ($103.66), and 20.5% below its 200-day SMA ($128.41), keeping the bigger-picture trend tilted bearish despite the stock stabilizing near the low-$100 area. The death cross (50-day SMA below the 200-day SMA) that formed in August 2025 reinforces that rallies can still be treated as counter-trend until price can reclaim longer-term averages.
RSI at 51.13 is neutral, which usually signals the stock isn’t stretched in either direction or is more likely to chop around key levels than trend cleanly. In plain terms, RSI helps gauge whether recent buying or selling has become overheated; here, it reads like a market waiting for a catalyst rather than one already in motion.
From a levels perspective, traders will likely keep $114.00 on the radar as the first meaningful upside checkpoint, since it’s a nearby pivot-style area where rebounds can stall. On the downside, $89.50 stands out as key support, lining up as a prior "buyers stepped in" zone closer to the lower end of the 52-week range.
Benzinga Edge RankingsBelow is the Benzinga Edge scorecard for ServiceNow, highlighting its strengths and weaknesses compared to the broader market:
The Verdict: ServiceNow’s Benzinga Edge signal reveals a growth-heavy profile with weak momentum and weak value characteristics. That mix often means the next sustained move depends on earnings delivering enough upside to flip sentiment and get the stock back above key moving averages.
ServiceNow Shares DropNOW Price Action: At the time of publication, ServiceNow shares are trading 2.45% lower at $102.13, according to data from Benzinga Pro.
Image via Shutterstock
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Balefire LLC decreased its holdings in Lockheed Martin Corporation (NYSE:LMT – Free Report) by 39.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,504 shares of the aerospace company’s stock after selling 993 shares during the quarter. Balefire LLC’s holdings in Lockheed Martin were worth $909,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Basso Capital Management L.P. bought a new stake in Lockheed Martin in the fourth quarter valued at about $25,000. United Financial Planning Group LLC acquired a new stake in Lockheed Martin during the third quarter valued at approximately $25,000. Clarity Asset Management Inc. bought a new position in Lockheed Martin during the 4th quarter worth approximately $26,000. Triumph Capital Management lifted its holdings in Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after buying an additional 22 shares during the last quarter. Finally, Bard Associates Inc. acquired a new position in shares of Lockheed Martin in the 4th quarter worth approximately $27,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.
Lockheed Martin Trading Up 0.1% NYSE:LMT opened at $509.21 on Tuesday. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The firm has a market capitalization of $117.40 billion, a P/E ratio of 24.66, a P/E/G ratio of 0.91 and a beta of 0.11. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The business has a 50 day simple moving average of $521.89 and a 200 day simple moving average of $572.26.
Lockheed Martin (NYSE:LMT – Get Free Report) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.Lockheed Martin’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts predict that Lockheed Martin Corporation will post 29.94 EPS for the current year.
Lockheed Martin Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 1st were given a $3.45 dividend. The ex-dividend date was Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.
Analyst Ratings Changes A number of equities research analysts have recently weighed in on LMT shares. Jefferies Financial Group set a $575.00 price target on Lockheed Martin in a report on Thursday, June 25th. UBS Group decreased their price objective on shares of Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. TD Cowen dropped their target price on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a report on Monday, July 13th. Citigroup upgraded shares of Lockheed Martin from a “neutral” rating to a “buy” rating and raised their price target for the stock from $571.00 to $582.00 in a research report on Wednesday, July 1st. Finally, Morgan Stanley decreased their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $607.58.
Get Our Latest Research Report on Lockheed Martin
Lockheed Martin News Roundup Here are the key news stories impacting Lockheed Martin this week:
Positive Sentiment: Lockheed Martin introduced PAC-3 ACE, a lower-cost interceptor designed to capture growing air-defense demand and compete with low-cost weapons from startups. Reuters article on cheaper Patriot interceptors Positive Sentiment: The new PAC-3 ACE and MORFIUS X-Rotor products could expand Lockheed Martin’s addressable market in air and drone defense as global conflict drives demand for more interceptors and counter-swarm systems. PR Newswire article on PAC-3 ACE Neutral Sentiment: Wall Street is looking for revenue growth in Lockheed Martin’s Q2 results, supported by a strong defense backlog, but margins may take longer to recover. Zacks article on buying before earnings Neutral Sentiment: Analysts are also focused on Q2 metric projections ahead of earnings, with investors watching for signs of execution and backlog conversion. Zacks article on Q2 projections Negative Sentiment: Lockheed Martin’s hypersonic missile program is facing production issues and quality-defect concerns, adding execution risk to a major defense program. Yahoo Finance article on hypersonic delays Lockheed Martin Company Profile (Free Report)
Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.
Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.
Further Reading Five stocks we like better than Lockheed Martin The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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