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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? Live financial news intelligence
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2026-07-21 13:52
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Texas Instruments or ServiceNow: One Stock Has the Analyst Conviction to Soar After Earnings | FMP Stock News | |
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2026-07-21 09:14
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ServiceNow Stock in the Spotlight: A Look at the Earnings, Analyst Activity, Technical Picture | FMP Stock News | |
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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. Market News and Data brought to you by Benzinga APIs © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. To add Benzinga News as your preferred source on Google, click here. |
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INTU Shareholder Alert: Intuit Inc. Securities Class Action Lawsuit - Investors Should Contact SueWallSt | FMP Stock News | |
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Disclosure Under Scrutiny: Whether Intuit's TurboTax Risk Disclosures Adequately Addressed Competitive Risks and Pricing Pressures Under SEC Regulation S-K Disclosure Under Scrutiny: Whether Intuit's TurboTax Risk Disclosures Adequately Addressed Competitive Risks and Pricing Pressures Under SEC Regulation S-K |
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2026-07-21 13:52
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2026-07-21 04:01
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Balefire LLC Reduces Position in Lockheed Martin Corporation $LMT | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Balefire 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 Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBaader Bank Aktiengesellschaft Acquires Shares of 15,800 TTM Technologies, Inc. $TTMI NEXT HEADLINE »Bank of New York Mellon Corp Has $114.40 Million Stake in Tenet Healthcare Corporation $THC |
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2026-07-21 13:52
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2026-07-21 03:53
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Future Fund LLC Makes New Investment in Broadcom Inc. $AVGO | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Future Fund LLC purchased a new stake in Broadcom Inc. (NASDAQ:AVGO – Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 9,239 shares of the semiconductor manufacturer’s stock, valued at approximately $2,860,000. Other large investors also recently made changes to their positions in the company. Aire Advisors LLC lifted its stake in shares of Broadcom by 80.6% during the 1st quarter. Aire Advisors LLC now owns 1,876 shares of the semiconductor manufacturer’s stock worth $581,000 after purchasing an additional 837 shares during the period. Kera Capital Partners Inc. increased its stake in Broadcom by 0.5% in the first quarter. Kera Capital Partners Inc. now owns 24,357 shares of the semiconductor manufacturer’s stock valued at $7,539,000 after purchasing an additional 128 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in Broadcom by 13.7% in the first quarter. Cornerstone Planning Group LLC now owns 2,935 shares of the semiconductor manufacturer’s stock valued at $908,000 after purchasing an additional 353 shares during the last quarter. Gryphon Financial Partners LLC increased its stake in Broadcom by 13.6% in the first quarter. Gryphon Financial Partners LLC now owns 29,605 shares of the semiconductor manufacturer’s stock valued at $9,163,000 after purchasing an additional 3,539 shares during the last quarter. Finally, Arcus Capital Partners LLC lifted its position in Broadcom by 64.9% during the first quarter. Arcus Capital Partners LLC now owns 2,348 shares of the semiconductor manufacturer’s stock worth $727,000 after buying an additional 924 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock. Insider Buying and Selling In related news, insider Mark David Brazeal sold 25,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider directly owned 194,989 shares in the company, valued at approximately $78,254,935.37. This trade represents a 11.36% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Justine Page sold 1,602 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the transaction, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. This represents a 8.42% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 61,644 shares of company stock worth $24,016,214. Company insiders own 1.90% of the company’s stock. Wall Street Analyst Weigh In Several analysts have commented on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $525.00 price target on shares of Broadcom in a report on Thursday, June 4th. TD Cowen restated a “buy” rating and issued a $500.00 target price on shares of Broadcom in a report on Thursday, June 4th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $545.00 price target (up from $430.00) on shares of Broadcom in a research report on Thursday, May 14th. Bank of America lifted their price target on shares of Broadcom from $450.00 to $530.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $525.00 price objective on shares of Broadcom in a report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $493.24. Get Our Latest Research Report on Broadcom Broadcom Trading Up 2.0% Shares of AVGO stock opened at $378.16 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71. Broadcom Inc. has a fifty-two week low of $273.00 and a fifty-two week high of $495.00. The firm’s 50 day moving average price is $400.28 and its two-hundred day moving average price is $365.62. The stock has a market cap of $1.80 trillion, a price-to-earnings ratio of 63.03, a price-to-earnings-growth ratio of 0.65 and a beta of 1.45. Broadcom (NASDAQ:AVGO – Get Free Report) last released its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.04. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The company had revenue of $22.19 billion during the quarter, compared to analyst estimates of $22.13 billion. During the same quarter in the prior year, the business earned $1.58 earnings per share. The business’s quarterly revenue was up 47.9% compared to the same quarter last year. On average, analysts anticipate that Broadcom Inc. will post 10.24 EPS for the current year. Broadcom Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were given a $0.65 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 43.33%. More Broadcom News Here are the key news stories impacting Broadcom this week: Positive Sentiment: Morgan Stanley said Broadcom remains one of its preferred ways to play the AI infrastructure buildout, calling AVGO an attractive risk-reward name after the recent semiconductor pullback. Broadcom stock gains 2% today: here’s why Positive Sentiment: Analysts and market commentary highlighted Broadcom as a high-cash-flow AI chip stock that could benefit as investors look for quality names amid market volatility. 4 High Cash-Producing AI Chip Stocks to Buy Amid Market Uncertainties Positive Sentiment: Broadcom’s AI business is being viewed as a key driver of the investment case, with reports noting strong AI chip revenue growth and a larger shift toward AI-related mix. AMD vs. Broadcom: The Better AI-Chip Stock to Buy After the Sell-Off Positive Sentiment: Broadcom also announced a major infrastructure software deal with Standard Chartered to modernize banking cloud operations across 54 markets, which supports its VMware-based software revenue stream. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Neutral Sentiment: Broadcom was included in broader “buy the dip” chip-sector commentary as investors looked for value after the recent memory and AI semiconductor sell-off. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Negative Sentiment: Recent articles also noted that semiconductor stocks had fallen into a bear market after a sharp index decline, reflecting ongoing sectorwide pressure that could cap gains for AVGO. Semiconductor stocks enter bear market: Is bubble burst next? Broadcom Profile (Free Report) Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon. Read More Five stocks we like better than Broadcom 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 AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report). Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINECalifornia Public Employees Retirement System Sells 453,643 Shares of CenterPoint Energy, Inc. $CNP NEXT HEADLINE »Gen Digital Inc. $GEN Holdings Raised by Fifth Third Bancorp |
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2026-07-21 13:52
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2026-07-21 03:53
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6,723 Shares in Broadcom Inc. $AVGO Purchased by Brown Shipley& Co Ltd | FMP Stock News | |
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Brown Shipley& Co Ltd acquired a new stake in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,723 shares of the semiconductor manufacturer’s stock, valued at approximately $2,081,000. Broadcom makes up 1.2% of Brown Shipley& Co Ltd’s investment portfolio, making the stock its 22nd biggest position.Other hedge funds have also modified their holdings of the company. Sovran Advisors LLC increased its stake in shares of Broadcom by 121.3% in the fourth quarter. Sovran Advisors LLC now owns 30,631 shares of the semiconductor manufacturer’s stock valued at $10,507,000 after buying an additional 16,789 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Broadcom by 406.1% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 11,994 shares of the semiconductor manufacturer’s stock valued at $4,151,000 after buying an additional 9,624 shares during the last quarter. Aspiriant LLC boosted its position in Broadcom by 18.5% during the 4th quarter. Aspiriant LLC now owns 12,016 shares of the semiconductor manufacturer’s stock worth $4,158,000 after buying an additional 1,872 shares during the period. World Investment Advisors boosted its position in Broadcom by 16.1% during the 4th quarter. World Investment Advisors now owns 177,710 shares of the semiconductor manufacturer’s stock worth $61,505,000 after buying an additional 24,703 shares during the period. Finally, Western Financial Corp CA grew its holdings in Broadcom by 90.5% during the 4th quarter. Western Financial Corp CA now owns 6,481 shares of the semiconductor manufacturer’s stock worth $2,243,000 after acquiring an additional 3,079 shares during the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds. Insiders Place Their Bets In other Broadcom news, Director Gayla J. Delly sold 1,890 shares of the stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $385.38, for a total transaction of $728,368.20. Following the completion of the sale, the director directly owned 31,326 shares in the company, valued at approximately $12,072,413.88. This trade represents a 5.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Justine Page sold 1,602 shares of Broadcom stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the transaction, the director directly owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. This trade represents a 8.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 61,644 shares of company stock valued at $24,016,214. 1.90% of the stock is currently owned by insiders. Broadcom Stock Up 2.0% Shares of NASDAQ AVGO opened at $378.16 on Tuesday. The company’s 50 day moving average price is $400.28 and its 200-day moving average price is $365.62. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. Broadcom Inc. has a 52-week low of $273.00 and a 52-week high of $495.00. The company has a market capitalization of $1.80 trillion, a P/E ratio of 63.03, a price-to-earnings-growth ratio of 0.65 and a beta of 1.45. Broadcom (NASDAQ:AVGO – Get Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.04. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The company had revenue of $22.19 billion during the quarter, compared to analysts’ expectations of $22.13 billion. During the same period in the prior year, the company posted $1.58 earnings per share. Broadcom’s revenue for the quarter was up 47.9% compared to the same quarter last year. Equities analysts forecast that Broadcom Inc. will post 10.24 earnings per share for the current year. Broadcom Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. Broadcom’s dividend payout ratio is 43.33%. Broadcom News Roundup Here are the key news stories impacting Broadcom this week: Positive Sentiment: Morgan Stanley said Broadcom remains one of its preferred ways to play the AI infrastructure buildout, calling AVGO an attractive risk-reward name after the recent semiconductor pullback. Broadcom stock gains 2% today: here’s why Positive Sentiment: Analysts and market commentary highlighted Broadcom as a high-cash-flow AI chip stock that could benefit as investors look for quality names amid market volatility. 4 High Cash-Producing AI Chip Stocks to Buy Amid Market Uncertainties Positive Sentiment: Broadcom’s AI business is being viewed as a key driver of the investment case, with reports noting strong AI chip revenue growth and a larger shift toward AI-related mix. AMD vs. Broadcom: The Better AI-Chip Stock to Buy After the Sell-Off Positive Sentiment: Broadcom also announced a major infrastructure software deal with Standard Chartered to modernize banking cloud operations across 54 markets, which supports its VMware-based software revenue stream. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Neutral Sentiment: Broadcom was included in broader “buy the dip” chip-sector commentary as investors looked for value after the recent memory and AI semiconductor sell-off. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Negative Sentiment: Recent articles also noted that semiconductor stocks had fallen into a bear market after a sharp index decline, reflecting ongoing sectorwide pressure that could cap gains for AVGO. Semiconductor stocks enter bear market: Is bubble burst next? Analyst Upgrades and Downgrades Several equities analysts have issued reports on AVGO shares. Seaport Research Partners restated a “neutral” rating on shares of Broadcom in a research report on Wednesday, April 8th. Cantor Fitzgerald reiterated an “overweight” rating and set a $525.00 price target on shares of Broadcom in a report on Thursday, June 4th. Wells Fargo & Company reissued an “overweight” rating and issued a $545.00 price objective (up from $430.00) on shares of Broadcom in a research note on Thursday, May 14th. Jefferies Financial Group set a $550.00 price objective on Broadcom and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Weiss Ratings raised Broadcom from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $493.24. Get Our Latest Research Report on AVGO About Broadcom (Free Report) Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon. Read More Five stocks we like better than Broadcom 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 Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter. |
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2026-07-21 13:52
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2026-07-21 04:59
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AXS Investments LLC Buys 2,535 Shares of Broadcom Inc. $AVGO | FMP Stock News | |
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AXS Investments LLC increased its position in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 59.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,834 shares of the semiconductor manufacturer’s stock after buying an additional 2,535 shares during the period. AXS Investments LLC’s holdings in Broadcom were worth $2,115,000 at the end of the most recent reporting period.Other institutional investors have also added to or reduced their stakes in the company. Sovran Advisors LLC lifted its stake in shares of Broadcom by 121.3% in the fourth quarter. Sovran Advisors LLC now owns 30,631 shares of the semiconductor manufacturer’s stock valued at $10,507,000 after buying an additional 16,789 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Broadcom by 406.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 11,994 shares of the semiconductor manufacturer’s stock worth $4,151,000 after acquiring an additional 9,624 shares in the last quarter. Aspiriant LLC increased its position in shares of Broadcom by 18.5% during the fourth quarter. Aspiriant LLC now owns 12,016 shares of the semiconductor manufacturer’s stock worth $4,158,000 after acquiring an additional 1,872 shares in the last quarter. World Investment Advisors raised its holdings in shares of Broadcom by 16.1% in the 4th quarter. World Investment Advisors now owns 177,710 shares of the semiconductor manufacturer’s stock worth $61,505,000 after acquiring an additional 24,703 shares during the last quarter. Finally, Western Financial Corp CA raised its holdings in shares of Broadcom by 90.5% in the 4th quarter. Western Financial Corp CA now owns 6,481 shares of the semiconductor manufacturer’s stock worth $2,243,000 after acquiring an additional 3,079 shares during the last quarter. 76.43% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth AVGO has been the topic of several recent research reports. Seaport Research Partners reaffirmed a “neutral” rating on shares of Broadcom in a research report on Wednesday, April 8th. Royal Bank Of Canada boosted their price objective on Broadcom from $360.00 to $400.00 and gave the stock a “sector perform” rating in a report on Thursday, June 4th. Wall Street Zen downgraded Broadcom from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Truist Financial raised their target price on Broadcom from $545.00 to $550.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Susquehanna reiterated a “positive” rating and set a $490.00 price target (up from $450.00) on shares of Broadcom in a report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $493.24. View Our Latest Stock Report on Broadcom Broadcom News Summary Here are the key news stories impacting Broadcom this week: Positive Sentiment: Morgan Stanley said Broadcom remains one of its preferred ways to play the AI infrastructure buildout, calling AVGO an attractive risk-reward name after the recent semiconductor pullback. Broadcom stock gains 2% today: here’s why Positive Sentiment: Analysts and market commentary highlighted Broadcom as a high-cash-flow AI chip stock that could benefit as investors look for quality names amid market volatility. 4 High Cash-Producing AI Chip Stocks to Buy Amid Market Uncertainties Positive Sentiment: Broadcom’s AI business is being viewed as a key driver of the investment case, with reports noting strong AI chip revenue growth and a larger shift toward AI-related mix. AMD vs. Broadcom: The Better AI-Chip Stock to Buy After the Sell-Off Positive Sentiment: Broadcom also announced a major infrastructure software deal with Standard Chartered to modernize banking cloud operations across 54 markets, which supports its VMware-based software revenue stream. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Neutral Sentiment: Broadcom was included in broader “buy the dip” chip-sector commentary as investors looked for value after the recent memory and AI semiconductor sell-off. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Negative Sentiment: Recent articles also noted that semiconductor stocks had fallen into a bear market after a sharp index decline, reflecting ongoing sectorwide pressure that could cap gains for AVGO. Semiconductor stocks enter bear market: Is bubble burst next? Broadcom Trading Up 2.0% Shares of AVGO stock opened at $378.16 on Tuesday. Broadcom Inc. has a 52-week low of $273.00 and a 52-week high of $495.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. The company has a 50-day simple moving average of $400.28 and a two-hundred day simple moving average of $365.62. The company has a market capitalization of $1.80 trillion, a price-to-earnings ratio of 63.03, a PEG ratio of 0.65 and a beta of 1.45. Broadcom (NASDAQ:AVGO – Get Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 EPS for the quarter, beating the consensus estimate of $2.40 by $0.04. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The firm had revenue of $22.19 billion during the quarter, compared to analyst estimates of $22.13 billion. During the same quarter last year, the business posted $1.58 EPS. The company’s revenue for the quarter was up 47.9% on a year-over-year basis. Research analysts anticipate that Broadcom Inc. will post 10.24 EPS for the current fiscal year. Broadcom Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd. Broadcom’s dividend payout ratio (DPR) is presently 43.33%. Insiders Place Their Bets In other Broadcom news, insider Mark David Brazeal sold 25,000 shares of the company’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $401.33, for a total value of $10,033,250.00. Following the completion of the transaction, the insider owned 194,989 shares in the company, valued at $78,254,935.37. This represents a 11.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Justine Page sold 1,602 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $373.86, for a total value of $598,923.72. Following the sale, the director directly owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. This represents a 8.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 61,644 shares of company stock valued at $24,016,214. 1.90% of the stock is owned by insiders. Broadcom Company Profile (Free Report) Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon. Further Reading Five stocks we like better than Broadcom 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 AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report). Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter. |
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Atlas Wealth LLC Takes $33.05 Million Position in Broadcom Inc. $AVGO | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Atlas Wealth LLC bought a new position in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 106,767 shares of the semiconductor manufacturer’s stock, valued at approximately $33,045,000. Broadcom accounts for about 4.1% of Atlas Wealth LLC’s holdings, making the stock its 7th largest holding. A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Frontier Asset Management LLC acquired a new position in Broadcom in the 1st quarter valued at about $208,000. Future Fund LLC purchased a new stake in Broadcom during the 1st quarter valued at approximately $2,860,000. Aire Advisors LLC lifted its position in Broadcom by 80.6% during the 1st quarter. Aire Advisors LLC now owns 1,876 shares of the semiconductor manufacturer’s stock worth $581,000 after acquiring an additional 837 shares during the period. Kera Capital Partners Inc. lifted its position in Broadcom by 0.5% during the 1st quarter. Kera Capital Partners Inc. now owns 24,357 shares of the semiconductor manufacturer’s stock worth $7,539,000 after acquiring an additional 128 shares during the period. Finally, Cornerstone Planning Group LLC lifted its position in Broadcom by 13.7% during the 1st quarter. Cornerstone Planning Group LLC now owns 2,935 shares of the semiconductor manufacturer’s stock worth $908,000 after acquiring an additional 353 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock. Broadcom Trading Up 2.0% NASDAQ:AVGO opened at $378.16 on Tuesday. Broadcom Inc. has a 52-week low of $273.00 and a 52-week high of $495.00. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71. The stock has a fifty day simple moving average of $400.28 and a 200-day simple moving average of $365.62. The company has a market capitalization of $1.80 trillion, a PE ratio of 63.03, a price-to-earnings-growth ratio of 0.65 and a beta of 1.45. Broadcom (NASDAQ:AVGO – Get Free Report) last issued its quarterly earnings data on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.04. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The firm had revenue of $22.19 billion for the quarter, compared to analysts’ expectations of $22.13 billion. During the same period in the prior year, the company earned $1.58 EPS. The firm’s revenue was up 47.9% on a year-over-year basis. On average, equities research analysts expect that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year. Broadcom Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 22nd were given a $0.65 dividend. The ex-dividend date was Monday, June 22nd. This represents a $2.60 annualized dividend and a dividend yield of 0.7%. Broadcom’s dividend payout ratio is currently 43.33%. Analyst Ratings Changes A number of research analysts have recently issued reports on AVGO shares. Bank of America boosted their target price on Broadcom from $450.00 to $530.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Weiss Ratings raised Broadcom from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, July 15th. Rosenblatt Securities reiterated a “buy” rating and issued a $500.00 price objective on shares of Broadcom in a research report on Thursday, June 4th. The Goldman Sachs Group reissued a “buy” rating and issued a $525.00 price objective on shares of Broadcom in a research note on Thursday, June 4th. Finally, Morgan Stanley set a $502.00 price objective on shares of Broadcom and gave the stock an “overweight” rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Broadcom presently has an average rating of “Moderate Buy” and an average target price of $493.24. Get Our Latest Research Report on AVGO Insider Buying and Selling at Broadcom In related news, Director Justine Page sold 1,602 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $373.86, for a total value of $598,923.72. Following the sale, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. This represents a 8.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gayla J. Delly sold 1,890 shares of the stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total value of $728,368.20. Following the sale, the director owned 31,326 shares in the company, valued at approximately $12,072,413.88. This trade represents a 5.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 61,644 shares of company stock valued at $24,016,214. Company insiders own 1.90% of the company’s stock. Trending Headlines about Broadcom Here are the key news stories impacting Broadcom this week: Positive Sentiment: Morgan Stanley said Broadcom remains one of its preferred ways to play the AI infrastructure buildout, calling AVGO an attractive risk-reward name after the recent semiconductor pullback. Broadcom stock gains 2% today: here’s why Positive Sentiment: Analysts and market commentary highlighted Broadcom as a high-cash-flow AI chip stock that could benefit as investors look for quality names amid market volatility. 4 High Cash-Producing AI Chip Stocks to Buy Amid Market Uncertainties Positive Sentiment: Broadcom’s AI business is being viewed as a key driver of the investment case, with reports noting strong AI chip revenue growth and a larger shift toward AI-related mix. AMD vs. Broadcom: The Better AI-Chip Stock to Buy After the Sell-Off Positive Sentiment: Broadcom also announced a major infrastructure software deal with Standard Chartered to modernize banking cloud operations across 54 markets, which supports its VMware-based software revenue stream. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Neutral Sentiment: Broadcom was included in broader “buy the dip” chip-sector commentary as investors looked for value after the recent memory and AI semiconductor sell-off. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Negative Sentiment: Recent articles also noted that semiconductor stocks had fallen into a bear market after a sharp index decline, reflecting ongoing sectorwide pressure that could cap gains for AVGO. Semiconductor stocks enter bear market: Is bubble burst next? Broadcom Profile (Free Report) Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon. Featured Stories Five stocks we like better than Broadcom 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 Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAXS Investments LLC Buys 2,535 Shares of Broadcom Inc. $AVGO NEXT HEADLINE »Assetmark Inc. Sells 11,032 Shares of Cisco Systems, Inc. $CSCO |
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2026-07-21 13:52
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2026-07-21 05:33
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Angeles Wealth Management LLC Raises Position in Broadcom Inc. $AVGO | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Angeles Wealth Management LLC grew its stake in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 9.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,884 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,607 shares during the period. Broadcom makes up about 0.7% of Angeles Wealth Management LLC’s portfolio, making the stock its 24th biggest position. Angeles Wealth Management LLC’s holdings in Broadcom were worth $13,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds and other institutional investors also recently bought and sold shares of AVGO. ROSS JOHNSON & Associates LLC boosted its stake in Broadcom by 1,320.0% during the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 66 shares during the period. Networth Advisors LLC lifted its holdings in shares of Broadcom by 546.2% in the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 71 shares during the last quarter. SWAN Capital LLC lifted its holdings in shares of Broadcom by 261.9% in the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 55 shares during the last quarter. Nvest Wealth Strategies Inc. purchased a new position in shares of Broadcom during the 4th quarter worth about $33,000. Finally, Family CFO Inc purchased a new position in shares of Broadcom during the 4th quarter worth about $35,000. Hedge funds and other institutional investors own 76.43% of the company’s stock. Broadcom Trading Up 2.0% Shares of NASDAQ AVGO opened at $378.16 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.24 and a debt-to-equity ratio of 0.71. The business has a fifty day simple moving average of $400.28 and a two-hundred day simple moving average of $365.62. The firm has a market cap of $1.80 trillion, a PE ratio of 63.03, a price-to-earnings-growth ratio of 0.65 and a beta of 1.45. Broadcom Inc. has a twelve month low of $273.00 and a twelve month high of $495.00. Broadcom (NASDAQ:AVGO – Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.04. The business had revenue of $22.19 billion for the quarter, compared to the consensus estimate of $22.13 billion. Broadcom had a return on equity of 41.61% and a net margin of 38.85%.The business’s revenue was up 47.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.58 EPS. Analysts expect that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year. Broadcom Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were paid a $0.65 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. Broadcom’s dividend payout ratio is 43.33%. Analyst Upgrades and Downgrades AVGO has been the topic of a number of recent analyst reports. Wells Fargo & Company reissued an “overweight” rating and issued a $545.00 price objective (up from $430.00) on shares of Broadcom in a research report on Thursday, May 14th. JPMorgan Chase & Co. upped their target price on Broadcom from $500.00 to $580.00 and gave the company an “overweight” rating in a research note on Thursday, June 4th. Bank of America increased their price target on Broadcom from $450.00 to $530.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Royal Bank Of Canada raised their price target on Broadcom from $360.00 to $400.00 and gave the stock a “sector perform” rating in a research note on Thursday, June 4th. Finally, Oppenheimer restated an “outperform” rating and set a $535.00 price objective (up from $450.00) on shares of Broadcom in a report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $493.24. View Our Latest Report on Broadcom More Broadcom News Here are the key news stories impacting Broadcom this week: Positive Sentiment: Morgan Stanley said Broadcom remains one of its preferred ways to play the AI infrastructure buildout, calling AVGO an attractive risk-reward name after the recent semiconductor pullback. Broadcom stock gains 2% today: here’s why Positive Sentiment: Analysts and market commentary highlighted Broadcom as a high-cash-flow AI chip stock that could benefit as investors look for quality names amid market volatility. 4 High Cash-Producing AI Chip Stocks to Buy Amid Market Uncertainties Positive Sentiment: Broadcom’s AI business is being viewed as a key driver of the investment case, with reports noting strong AI chip revenue growth and a larger shift toward AI-related mix. AMD vs. Broadcom: The Better AI-Chip Stock to Buy After the Sell-Off Positive Sentiment: Broadcom also announced a major infrastructure software deal with Standard Chartered to modernize banking cloud operations across 54 markets, which supports its VMware-based software revenue stream. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Neutral Sentiment: Broadcom was included in broader “buy the dip” chip-sector commentary as investors looked for value after the recent memory and AI semiconductor sell-off. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Negative Sentiment: Recent articles also noted that semiconductor stocks had fallen into a bear market after a sharp index decline, reflecting ongoing sectorwide pressure that could cap gains for AVGO. Semiconductor stocks enter bear market: Is bubble burst next? Insider Buying and Selling at Broadcom In other Broadcom news, Director Harry L. You bought 1,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were acquired at an average price of $373.57 per share, with a total value of $373,570.00. Following the transaction, the director owned 38,466 shares of the company’s stock, valued at approximately $14,369,743.62. This trade represents a 2.67% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gayla J. Delly sold 1,890 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the transaction, the director directly owned 31,326 shares in the company, valued at $12,072,413.88. This trade represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 61,644 shares of company stock valued at $24,016,214 in the last 90 days. Insiders own 1.90% of the company’s stock. Broadcom Company Profile (Free Report) Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon. Read More Five stocks we like better than Broadcom 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 AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report). Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEVisa Inc. $V Stock Position Cut by Baader Bank Aktiengesellschaft NEXT HEADLINE »Assetmark Inc. Buys 17,382 Shares of Broadcom Inc. $AVGO |
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2026-07-21 13:52
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2026-07-21 05:33
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Assetmark Inc. Buys 17,382 Shares of Broadcom Inc. $AVGO | FMP Stock News | |
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Assetmark Inc. grew its stake in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 1.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,609,089 shares of the semiconductor manufacturer’s stock after buying an additional 17,382 shares during the quarter. Broadcom makes up 1.0% of Assetmark Inc.’s portfolio, making the stock its 21st biggest holding. Assetmark Inc.’s holdings in Broadcom were worth $498,029,000 as of its most recent filing with the Securities & Exchange Commission.Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Broadcom in the fourth quarter worth $24,252,196,000. Cardano Risk Management B.V. increased its stake in Broadcom by 895.2% in the 4th quarter. Cardano Risk Management B.V. now owns 12,689,800 shares of the semiconductor manufacturer’s stock worth $4,391,940,000 after buying an additional 11,414,701 shares in the last quarter. State Street Corp increased its stake in Broadcom by 2.7% in the 4th quarter. State Street Corp now owns 190,084,351 shares of the semiconductor manufacturer’s stock worth $65,788,194,000 after buying an additional 5,040,801 shares in the last quarter. Vanguard Group Inc. raised its holdings in Broadcom by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 482,707,302 shares of the semiconductor manufacturer’s stock valued at $167,064,997,000 after acquiring an additional 3,919,715 shares during the period. Finally, Nordea Investment Management AB boosted its stake in shares of Broadcom by 47.5% in the fourth quarter. Nordea Investment Management AB now owns 9,814,757 shares of the semiconductor manufacturer’s stock worth $3,406,211,000 after acquiring an additional 3,160,586 shares during the period. 76.43% of the stock is owned by hedge funds and other institutional investors. Insider Activity In other news, Director Harry L. You acquired 1,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were acquired at an average price of $373.57 per share, for a total transaction of $373,570.00. Following the completion of the transaction, the director directly owned 38,466 shares of the company’s stock, valued at approximately $14,369,743.62. The trade was a 2.67% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gayla J. Delly sold 1,890 shares of the stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the completion of the sale, the director directly owned 31,326 shares in the company, valued at approximately $12,072,413.88. This represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 61,644 shares of company stock valued at $24,016,214 over the last ninety days. 1.90% of the stock is owned by corporate insiders. Key Stories Impacting Broadcom Here are the key news stories impacting Broadcom this week: Positive Sentiment: Morgan Stanley said Broadcom remains one of its preferred ways to play the AI infrastructure buildout, calling AVGO an attractive risk-reward name after the recent semiconductor pullback. Broadcom stock gains 2% today: here’s why Positive Sentiment: Analysts and market commentary highlighted Broadcom as a high-cash-flow AI chip stock that could benefit as investors look for quality names amid market volatility. 4 High Cash-Producing AI Chip Stocks to Buy Amid Market Uncertainties Positive Sentiment: Broadcom’s AI business is being viewed as a key driver of the investment case, with reports noting strong AI chip revenue growth and a larger shift toward AI-related mix. AMD vs. Broadcom: The Better AI-Chip Stock to Buy After the Sell-Off Positive Sentiment: Broadcom also announced a major infrastructure software deal with Standard Chartered to modernize banking cloud operations across 54 markets, which supports its VMware-based software revenue stream. Broadcom (AVGO) Lands Standard Chartered Deal To Power Banking Cloud In 54 Markets Neutral Sentiment: Broadcom was included in broader “buy the dip” chip-sector commentary as investors looked for value after the recent memory and AI semiconductor sell-off. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In. Negative Sentiment: Recent articles also noted that semiconductor stocks had fallen into a bear market after a sharp index decline, reflecting ongoing sectorwide pressure that could cap gains for AVGO. Semiconductor stocks enter bear market: Is bubble burst next? Analysts Set New Price Targets Several analysts recently issued reports on AVGO shares. Wells Fargo & Company reiterated an “overweight” rating and set a $545.00 target price (up from $430.00) on shares of Broadcom in a research report on Thursday, May 14th. Dbs Bank raised Broadcom to a “moderate buy” rating in a report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $515.00 price target (up from $430.00) on shares of Broadcom in a research note on Thursday, June 4th. Benchmark increased their price objective on shares of Broadcom from $485.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Seaport Research Partners reaffirmed a “neutral” rating on shares of Broadcom in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $493.24. View Our Latest Analysis on Broadcom Broadcom Trading Up 2.0% Shares of AVGO opened at $378.16 on Tuesday. The company’s fifty day moving average is $400.28 and its 200 day moving average is $365.62. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.01 and a current ratio of 2.24. The stock has a market capitalization of $1.80 trillion, a PE ratio of 63.03, a P/E/G ratio of 0.65 and a beta of 1.45. Broadcom Inc. has a fifty-two week low of $273.00 and a fifty-two week high of $495.00. Broadcom (NASDAQ:AVGO – Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The semiconductor manufacturer reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.04. The firm had revenue of $22.19 billion during the quarter, compared to the consensus estimate of $22.13 billion. Broadcom had a net margin of 38.85% and a return on equity of 41.61%. The firm’s revenue for the quarter was up 47.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.58 EPS. Sell-side analysts expect that Broadcom Inc. will post 10.24 earnings per share for the current fiscal year. Broadcom Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 22nd were given a $0.65 dividend. The ex-dividend date was Monday, June 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is currently 43.33%. Broadcom Company Profile (Free Report) Broadcom Inc (NASDAQ: AVGO) is a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions for a broad range of markets. The company’s semiconductor business provides components and systems for wired and wireless communications, enterprise and cloud storage, networking and broadband access, serving original equipment manufacturers, cloud service providers, telecommunications carriers and industrial customers worldwide. Broadcom is headquartered in Irvine, California, and operates globally with research, development and sales organizations across North America, Europe and Asia. On the semiconductor side, Broadcom’s portfolio includes system-on-chip (SoC) and application-specific integrated circuit (ASIC) solutions, radio-frequency and connectivity components, Ethernet switching and PHY devices, storage adapters and controllers, optical transceivers and other networking silicon. Recommended Stories Five stocks we like better than Broadcom 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 AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report). Receive News & Ratings for Broadcom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Broadcom and related companies with MarketBeat.com's FREE daily email newsletter. |
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Intel Jumps 6% on RBC's Q2 Beat Call, AMD Rises 4%, Broadcom Climbs 3% as the Chip Rally Resumes | FMP Stock News | |
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Intel (NASDAQ:INTC | INTC Price Prediction) shares are up 6% to $102.53 in early Tuesday trading, leading a broad chip rebound after a preview note from RBC Capital Markets flagged a likely Q2 revenue beat. The move extends day two of a semiconductor rally following last week’s rout.Advanced Micro Devices (NASDAQ:AMD) stock is up 4% to $523, while Broadcom (NASDAQ:AVGO) shares are climbing 3% to $390. The iShares Semiconductor ETF (NASDAQ:SOXX), which holds all three names, is up 4% to $547. The rally lines up with strength overseas. South Korea’s Kospi closed up 3.6%, Japan’s Nikkei rose 3.3%, and Taiwan gained 4.2%, per Yahoo Finance and AP reports. RBC’s Q2 Beat Call Sets the Tone for Intel RBC Capital Markets, previewing Intel’s Thursday earnings, told clients to expect a 5% Q2 revenue beat, a 3% to 5% guidance raise, and gross margins 1 to 2 points above expectations, citing server-CPU strength. Intel also confirmed Data Center Group layoffs as part of an efficiency push, with more color expected on the call. To be clear, RBC left its INTC rating unchanged. RBC maintains a Sector Perform rating with an $80 price target, which sits below where Intel stock trades today, and the firm warned that Intel’s 60x-plus forward earnings multiple already reflects much of the optimism. The setup is consistent with recent operating trends. Intel’s last reported quarter delivered non-GAAP EPS of $0.29 on revenue of $13.577 billion, with Data Center and AI revenue up 22% year over year. Polymarket traders currently assign an 84% probability of an earnings beat this week. AMD Rides Analyst Upgrades, Broadcom Follows the Tape AMD stock is extending Monday’s momentum after two aggressive analyst calls. Rosenblatt named AMD a top pick and raised its price target to $665 from $490, and UBS lifted its target to $700 ahead of AMD’s AI conference this week. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today. AMD shares were up 135% year to date heading into today, backed by Q1 2026 revenue of $10.25 billion and 38% year-over-year growth. CEO Lisa Su has pointed to accelerating AI infrastructure demand, MI450 Series traction, and a Meta Platforms (NASDAQ:META) 6 gigawatt deployment as key drivers. Broadcom shares are along for the ride. Broadcom last reported AI semiconductor revenue of $10.80 billion, up 143% year over year, and guided Q3 FY2026 AI semiconductor revenue to roughly $16 billion. The $30 billion multiyear Apple (NASDAQ:AAPL) chip agreement through 2031, announced July 8, remains a live tailwind. Sector Breadth and Recent Context The bounce comes after a challenging stretch. Intel stock is down 28% over the past month, and the SOXX ETF fell 18% over the same window, so today’s rally reads as a reset rather than a breakout. Note that SOXX is concentrated in a small number of large chipmakers, so single-name news can swing it hard. Breadth is showing up elsewhere in the group. NVIDIA (NASDAQ:NVDA), Marvell Technology (NASDAQ:MRVL), Taiwan Semiconductor (NYSE:TSM), SK Hynix (NASDAQ:SKHY), and Nebius (NASDAQ:NBIS) are all catching a bid alongside the majors. U.S. chip names are shrugging off higher oil prices tied to the U.S.-Iran conflict for now. What to Watch Intel’s earnings report on Thursday, July 23 is the next real test. Investors can watch for whether management confirms RBC’s guidance-raise thesis, quantifies the Data Center Group cuts, and holds gross margin above the 39% Q2 outlook already on the tape. The AMD AI conference this week is another catalyst worth tracking, particularly for any commentary on MI450 volumes and hyperscaler deployments. Momentum traders may keep INTC, AMD, and AVGO active into the close. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today. Contact [email protected] for any questions or corrections. |
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Schwab Reports Record Quarterly Revenue and Earnings | FMP Stock News | |
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WESTLAKE, Texas--(BUSINESS WIRE)--Schwab reports record quarterly revenue and earnings for Q2 2026. |
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The Charles Schwab Corporation (SCHW) Tops Q2 Earnings and Revenue Estimates | FMP Stock News | |
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The Charles Schwab Corporation (SCHW - Free Report) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.88%. A quarter ago, it was expected that this company would post earnings of $1.39 per share when it actually produced earnings of $1.43, delivering a surprise of +2.88%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Charles Schwab, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $7.07 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.71%. This compares to year-ago revenues of $5.85 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. Charles Schwab shares have added about 2.6% since the beginning of the year versus the S&P 500's gain of 8.7%. What's Next for Charles Schwab?While Charles Schwab 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 Charles Schwab 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 $1.63 on $7.09 billion in revenues for the coming quarter and $6.27 on $27.52 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, Financial - Investment Bank is currently in the top 11% 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, Stifel Financial (SF - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 22. This brokerage and investment banking firm is expected to post quarterly earnings of $1.35 per share in its upcoming report, which represents a year-over-year change of +18.4%. The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level. Stifel Financial's revenues are expected to be $1.41 billion, up 9.7% from the year-ago quarter. |
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Assetmark Inc. Increases Stock Holdings in Stryker Corporation $SYK | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Assetmark Inc. boosted its position in shares of Stryker Corporation (NYSE:SYK – Free Report) by 791.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,693 shares of the medical technology company’s stock after acquiring an additional 31,687 shares during the period. Assetmark Inc.’s holdings in Stryker were worth $11,728,000 as of its most recent SEC filing. Several other institutional investors and hedge funds have also bought and sold shares of SYK. Brighton Jones LLC increased its holdings in shares of Stryker by 15.4% in the fourth quarter. Brighton Jones LLC now owns 4,564 shares of the medical technology company’s stock worth $1,643,000 after purchasing an additional 609 shares during the period. Schnieders Capital Management LLC. purchased a new position in Stryker in the 2nd quarter worth approximately $205,000. Marshall Wace LLP raised its position in shares of Stryker by 107.9% during the 2nd quarter. Marshall Wace LLP now owns 5,700 shares of the medical technology company’s stock valued at $2,255,000 after buying an additional 77,831 shares in the last quarter. Nebula Research & Development LLC purchased a new stake in shares of Stryker during the 2nd quarter valued at $219,000. Finally, HUB Investment Partners LLC bought a new stake in shares of Stryker during the 2nd quarter worth $253,000. 77.09% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity In other news, VP Robert S. Fletcher sold 4,544 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $306.87, for a total transaction of $1,394,417.28. Following the completion of the transaction, the vice president directly owned 10,582 shares of the company’s stock, valued at approximately $3,247,298.34. This represents a 30.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP M Kathryn Fink sold 5,220 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $283.85, for a total value of $1,481,697.00. Following the transaction, the vice president owned 13,137 shares in the company, valued at approximately $3,728,937.45. This represents a 28.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 323,264 shares of company stock valued at $100,659,489. Insiders own 4.60% of the company’s stock. Analysts Set New Price Targets SYK has been the subject of several research reports. Wall Street Zen lowered shares of Stryker from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Truist Financial reiterated a “hold” rating and issued a $330.00 price objective (down from $380.00) on shares of Stryker in a report on Monday, May 4th. Canaccord Genuity Group reduced their price objective on Stryker from $435.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Sanford C. Bernstein set a $410.00 price target on shares of Stryker in a research report on Friday, May 1st. Finally, Needham & Company LLC decreased their price target on shares of Stryker from $454.00 to $418.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Stryker presently has a consensus rating of “Moderate Buy” and a consensus price target of $392.52. Read Our Latest Stock Report on SYK Stryker Stock Performance NYSE:SYK opened at $318.80 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.25 and a current ratio of 2.11. Stryker Corporation has a fifty-two week low of $281.00 and a fifty-two week high of $404.87. The firm has a market cap of $122.22 billion, a PE ratio of 36.90, a price-to-earnings-growth ratio of 2.05 and a beta of 0.77. The business has a 50 day moving average price of $313.41 and a 200-day moving average price of $336.46. Stryker (NYSE:SYK – Get Free Report) last issued its earnings results on Thursday, April 30th. The medical technology company reported $2.60 EPS for the quarter, missing the consensus estimate of $2.98 by ($0.38). Stryker had a return on equity of 23.42% and a net margin of 13.20%.The firm had revenue of $6.02 billion during the quarter, compared to analysts’ expectations of $6.34 billion. During the same period in the previous year, the firm earned $2.84 earnings per share. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. Stryker has set its FY 2026 guidance at 14.900-15.100 EPS. Equities research analysts predict that Stryker Corporation will post 14.99 earnings per share for the current year. Stryker Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a $0.88 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.1%. Stryker’s payout ratio is presently 40.74%. Stryker Company Profile (Free Report) Stryker Corporation is a global medical technology company that designs, manufactures and markets a broad range of products and services for use in hospitals, surgeons’ offices and other healthcare facilities. Its primary business activities span orthopedics (including joint replacement implants, trauma and extremities products), surgical equipment and operating room technologies (such as visualization, navigation and powered instruments), neurotechnology and spine solutions, and patient-handling and emergency medical equipment. Read More Five stocks we like better than Stryker 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 Receive News & Ratings for Stryker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stryker and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEIQVIA Holdings Inc. $IQV Shares Bought by Andra AP fonden NEXT HEADLINE »Assetmark Inc. Grows Stake in Alibaba Group Holding Limited $BABA |
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2026-07-21 13:51
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2026-07-21 03:58
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Andra AP fonden Boosts Stock Position in Stryker Corporation $SYK | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Andra AP fonden lifted its stake in shares of Stryker Corporation (NYSE:SYK – Free Report) by 30.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,055 shares of the medical technology company’s stock after acquiring an additional 15,095 shares during the quarter. Andra AP fonden’s holdings in Stryker were worth $21,376,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Long Road Investment Counsel LLC raised its position in shares of Stryker by 0.9% during the 1st quarter. Long Road Investment Counsel LLC now owns 42,957 shares of the medical technology company’s stock valued at $14,115,000 after purchasing an additional 401 shares during the period. Johnson Financial Group Inc. lifted its stake in shares of Stryker by 123.9% during the 1st quarter. Johnson Financial Group Inc. now owns 2,803 shares of the medical technology company’s stock valued at $924,000 after buying an additional 1,551 shares in the last quarter. AlTi Global Inc. boosted its holdings in Stryker by 124.9% in the 1st quarter. AlTi Global Inc. now owns 2,085 shares of the medical technology company’s stock worth $687,000 after buying an additional 1,158 shares during the period. Earned Wealth Advisors LLC boosted its holdings in Stryker by 12.1% in the 1st quarter. Earned Wealth Advisors LLC now owns 2,766 shares of the medical technology company’s stock worth $909,000 after buying an additional 299 shares during the period. Finally, Hollencrest Capital Management increased its stake in Stryker by 0.7% in the 1st quarter. Hollencrest Capital Management now owns 25,438 shares of the medical technology company’s stock worth $8,359,000 after buying an additional 180 shares in the last quarter. 77.09% of the stock is owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In Several equities analysts have recently commented on the company. Argus set a $370.00 price objective on Stryker in a research report on Thursday, July 9th. Barclays cut their target price on Stryker from $469.00 to $394.00 and set an “overweight” rating for the company in a research report on Monday, May 4th. Wells Fargo & Company decreased their target price on Stryker from $456.00 to $418.00 and set an “overweight” rating on the stock in a research note on Friday, May 1st. Leerink Partners lowered their price target on Stryker from $410.00 to $407.00 and set an “outperform” rating on the stock in a report on Friday, June 5th. Finally, Citigroup dropped their price target on Stryker from $420.00 to $385.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $392.52. Read Our Latest Report on Stryker Stryker Stock Performance Shares of NYSE SYK opened at $318.80 on Tuesday. The company has a market cap of $122.22 billion, a P/E ratio of 36.90, a P/E/G ratio of 2.05 and a beta of 0.77. Stryker Corporation has a 52-week low of $281.00 and a 52-week high of $404.87. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.25 and a current ratio of 2.11. The firm’s fifty day moving average is $313.41 and its two-hundred day moving average is $336.46. Stryker (NYSE:SYK – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The medical technology company reported $2.60 EPS for the quarter, missing the consensus estimate of $2.98 by ($0.38). The company had revenue of $6.02 billion for the quarter, compared to the consensus estimate of $6.34 billion. Stryker had a net margin of 13.20% and a return on equity of 23.42%. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period last year, the company earned $2.84 EPS. Stryker has set its FY 2026 guidance at 14.900-15.100 EPS. As a group, analysts anticipate that Stryker Corporation will post 14.99 EPS for the current fiscal year. Stryker Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.1%. Stryker’s dividend payout ratio is presently 40.74%. Insider Activity at Stryker In other Stryker news, VP Robert S. Fletcher sold 4,544 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $306.87, for a total transaction of $1,394,417.28. Following the completion of the transaction, the vice president owned 10,582 shares in the company, valued at $3,247,298.34. This trade represents a 30.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ronda E. Stryker sold 310,000 shares of Stryker stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $312.23, for a total value of $96,791,300.00. Following the completion of the sale, the director directly owned 1,924,880 shares in the company, valued at approximately $601,005,282.40. The trade was a 13.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 323,264 shares of company stock valued at $100,659,489. Insiders own 4.60% of the company’s stock. Stryker Profile (Free Report) Stryker Corporation is a global medical technology company that designs, manufactures and markets a broad range of products and services for use in hospitals, surgeons’ offices and other healthcare facilities. Its primary business activities span orthopedics (including joint replacement implants, trauma and extremities products), surgical equipment and operating room technologies (such as visualization, navigation and powered instruments), neurotechnology and spine solutions, and patient-handling and emergency medical equipment. Featured Articles Five stocks we like better than Stryker 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 Receive News & Ratings for Stryker Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stryker and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAssetmark Inc. Raises Stock Holdings in Bio-Rad Laboratories, Inc. $BIO NEXT HEADLINE »Assetmark Inc. Raises Holdings in ITT Inc. $ITT |
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Cronos' SOURZ by Spinach® Expands its Lineup of Edibles | FMP Stock News | |
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Flavors with rare cannabinoid formulations from SOURZ by Spinach®, along with a new limited-time offer flavor, are now available in the popular multipack format July 21, 2026 07:30 ET | Source: Cronos Group Inc.TORONTO, July 21, 2026 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos”), an innovative global cannabis company, is expanding its lineup of SOURZ by Spinach® Fully Blasted multipacks to meet consumer demand for edible products during the summer season. The lineup of SOURZ by Spinach® Fully Blasted multipacks with liquid diamond-infused gummies now includes the brand’s popular flavors featuring rare cannabinoid formulations, along with a new limited-time offer (LTO) flavor for the summer months. SOURZ by Spinach® Fully Blasted multipacks are the #1 edible multipack in Canada, capturing 31.7% share of all 10x10 pack sales in May 2026¹. The Spinach® brand continues to lead the category as the top-selling edible nationally with 20.8%¹ market share in May 2026, a position Cronos has held consistently since September 2024¹. New additions to this lineup of multipacks include the following flavors: 10-Pack (10 x 10mg THC gummies): SOURZ by Spinach® Fully Blasted Orange Cream gummies, the first LTO offering in the Fully Blasted multipack format 10-Pack (10 x 10mg THC | 10mg CBG gummies): SOURZ by Spinach® Fully Blasted Strawberry Watermelon 1:1 CBG | THC gummies 10-Pack (10 x 10mg THC | 10mg CBN gummies): SOURZ by Spinach® Fully Blasted Peach Passionfruit 1:1 CBN | THC gummies 10-Pack (10 x 10mg THC | 10mg CBC gummies): SOURZ by Spinach® Fully Blasted Mango Lime 1:1 CBC | THC gummies “We’re thrilled to build on the success of the SOURZ by Spinach® Fully Blasted multipacks with the additions of our popular rare cannabinoid formulations and a new limited-time offer flavor, Orange Cream, a special nod to the classic summertime treat,” said Jeff Jacobson, Chief Growth Officer, Cronos. “Our focus on delivering a lineup of edibles built around convenience and a variety of unique flavor combinations, cannabinoid formulations, potencies, and experiences is why we believe SOURZ by Spinach® continues to be Canada’s #1 edible. We’re committed to continuing to expand our lineup to meet the evolving needs of consumers and deliver innovative, high-quality products that have made consumers loyal to the brand.” The new additions to the lineup of SOURZ by Spinach® Fully Blasted multipacks are now available in Alberta, Manitoba, Ontario, and Saskatchewan. To view the full lineup of SOURZ by Spinach® gummies, available in a variety of pack sizes and potencies, visit spinachcannabis.com. ¹ HiFyre Retail Analytics – National Edibles Retail Dollar Sales by Brand in Canada – September 2024 - May 2026. About Cronos Cronos is a global cannabis company focused on scaling leading consumer goods products through research and development and innovation. With a passion to responsibly elevate the consumer experience, Cronos is building an iconic brand portfolio. Cronos’ diverse international brand portfolio includes Spinach®, PEACE NATURALS®, LIT™ and Lord Jones®. For more information about Cronos and its brands, please visit: thecronosgroup.com. Forward-looking Statements This press release may contain information that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian and U.S. securities laws and court decisions (collectively, “Forward-looking Statements”). All information contained herein that is not clearly historical in nature may constitute Forward-looking Statements. In some cases, Forward-looking Statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify Forward-looking Statements. Some of the Forward-looking Statements contained in this press release include statements about continued product innovations; strategies with respect to the development of scalable cannabinoid products, the Company’s product innovation engine; expectations of continued consumer demand, brand strength and market performance of Spinach® products; continued expansion of the SOURZ by Spinach® Fully Blasted multipack lineup; consumer demand for edible products during the summer season; product innovation, including new flavors, formulations, limited-time offerings, formats, potencies and experiences; availability of SOURZ by Spinach® Fully Blasted multipacks in Alberta, Manitoba, Ontario and Saskatchewan; and the Company’s intention to build an international iconic brand portfolio by scaling leading consumer goods products through R&D and innovation. Forward-looking Statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks. Financial results, performance or achievements expressed or implied by those Forward-looking Statements and the Forward-looking Statements are not guarantees of future performance. A discussion of some of the material risks applicable to the Company can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, each of which have been filed on SEDAR+ and EDGAR and can be accessed at www.sedarplus.ca and www.sec.gov/edgar, respectively. Any Forward-looking Statement included in this press release is made as of the date of this press release and, except as required by law, Cronos disclaims any obligation to update or revise any Forward-looking Statement. Readers are cautioned not to put undue reliance on any Forward-looking Statement. For further information, please contact: Media Relations Contact: Emily Whalen Communications Tel: (416) 504-0004 [email protected] Investor Relations Contact: Harrison Aaron Investor Relations Tel: (416) 504-0004 [email protected] |
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Air Products to Expand Integrated Gas Supply Network for Semiconductor Manufacturer in Taiwan | FMP Stock News | |
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New investment to support next-generation facility expansion, /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company, today announced Air Products San Fu has been awarded a long-term agreement to support a semiconductor manufacturer's expansion in Taiwan. The project will supply multiple new semiconductor fabs and back-end packaging facilities, supporting growing demand driven by artificial intelligence and high-performance computing. Air Products San Fu will build, own, and operate four large state-of-the-art air separation units and bulk gas supply systems with new underground pipeline systems. The company will supply a range of industrial gases, including nitrogen, oxygen, argon, and helium to support the customer's semiconductor operations. The new underground pipeline systems will be connected to Air Products' existing pipeline network in Taiwan, further enhancing supply reliability, operational efficiency, and resilience. "Air Products is honored to be selected by our strategic customer to support their continued growth, building on our proven track record and strong long-term partnership," said Paul Yang, President, Air Products San Fu. "This project further reinforces our role as a trusted supplier in Taiwan and reflects our long-term commitment to grow with our customers. It also underscores our world-class performance in safety, reliability and operational excellence, which are critical to meeting the increasingly demanding requirements of the electronics industry." Air Products has been serving the Taiwan market through Air Products San Fu for more than 70 years and has established leading supply positions across key science parks with extensive pipeline networks. The company operates one of the world's largest ultra-high purity nitrogen pipeline systems in Southern Taiwan and is the first gas company in Taiwan awarded ISO9002 and ISO14000 certifications. This latest project further strengthens Air Products' integrated supply footprint across both front-end semiconductor manufacturing and back-end advanced packaging, reinforcing its position as a key supplier to the electronics industry in Taiwan. Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world's leading technology companies. About Air Products Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global hydrogen supplier, Air Products develops, engineers, builds, owns and operates some of the world's largest hydrogen projects. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally. Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram. This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based. SOURCE Air Products |
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Cummins Inc. $CMI Stock Holdings Increased by Bessemer Group Inc. | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Bessemer Group Inc. grew its holdings in shares of Cummins Inc. (NYSE:CMI – Free Report) by 24.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 7,975 shares of the company’s stock after acquiring an additional 1,569 shares during the quarter. Bessemer Group Inc.’s holdings in Cummins were worth $4,292,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently modified their holdings of the company. Juno Financial Group LLC bought a new position in Cummins during the fourth quarter valued at about $883,000. Truist Financial Corp boosted its stake in shares of Cummins by 4.8% during the 4th quarter. Truist Financial Corp now owns 64,005 shares of the company’s stock worth $32,671,000 after acquiring an additional 2,951 shares in the last quarter. Smith Salley Wealth Management boosted its stake in shares of Cummins by 1,381.8% during the 4th quarter. Smith Salley Wealth Management now owns 21,768 shares of the company’s stock worth $11,111,000 after acquiring an additional 20,299 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of Cummins during the 4th quarter valued at about $7,797,000. Finally, Comprehensive Financial Consultants Institutional Inc. raised its stake in shares of Cummins by 643.0% in the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 7,311 shares of the company’s stock valued at $3,732,000 after acquiring an additional 6,327 shares in the last quarter. Institutional investors own 83.46% of the company’s stock. Insiders Place Their Bets In related news, insider Brett Michael Merritt sold 701 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $688.75, for a total transaction of $482,813.75. Following the transaction, the insider owned 10,404 shares of the company’s stock, valued at approximately $7,165,755. The trade was a 6.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Jennifer Mary Bush sold 5,000 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $696.21, for a total transaction of $3,481,050.00. Following the transaction, the vice president owned 11,986 shares of the company’s stock, valued at approximately $8,344,773.06. The trade was a 29.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 13,579 shares of company stock valued at $9,377,684 in the last 90 days. 0.30% of the stock is currently owned by corporate insiders. Wall Street Analysts Forecast Growth CMI has been the subject of several analyst reports. Morgan Stanley boosted their target price on Cummins from $752.00 to $761.00 and gave the stock an “overweight” rating in a report on Friday. Argus lifted their price target on shares of Cummins from $696.00 to $770.00 and gave the company a “buy” rating in a research report on Monday, June 1st. UBS Group reissued a “buy” rating on shares of Cummins in a research report on Wednesday, June 17th. Sanford C. Bernstein restated a “market perform” rating on shares of Cummins in a research note on Friday, May 22nd. Finally, Evercore reaffirmed an “outperform” rating and set a $845.00 price objective on shares of Cummins in a report on Monday, May 11th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $740.07. Check Out Our Latest Analysis on CMI Cummins Price Performance NYSE CMI opened at $640.10 on Tuesday. The stock has a 50-day simple moving average of $675.79 and a 200 day simple moving average of $615.85. Cummins Inc. has a twelve month low of $344.02 and a twelve month high of $737.76. The stock has a market capitalization of $88.33 billion, a PE ratio of 33.22, a P/E/G ratio of 1.58 and a beta of 1.22. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.11 and a current ratio of 1.71. Cummins (NYSE:CMI – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $6.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.63 by $0.52. The firm had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.37 billion. Cummins had a return on equity of 25.25% and a net margin of 7.89%.The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $5.96 EPS. Research analysts anticipate that Cummins Inc. will post 29.34 EPS for the current year. Cummins Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Friday, August 21st will be paid a $2.20 dividend. The ex-dividend date is Friday, August 21st. This is a positive change from Cummins’s previous quarterly dividend of $2.00. This represents a $8.80 annualized dividend and a dividend yield of 1.4%. Cummins’s dividend payout ratio is 45.67%. Cummins Profile (Free Report) Cummins Inc (NYSE: CMI) is a global power technology company that designs, manufactures, distributes and services a broad portfolio of diesel and natural gas engines, electrified powertrains, power generation systems and related components. Founded in 1919 and headquartered in Columbus, Indiana, Cummins has grown into one of the world’s leading suppliers of internal combustion engines and a provider of technologies that reduce emissions and improve fuel efficiency. The company’s product lineup includes heavy-, medium- and light-duty engines for on-highway and off-highway applications, generator sets and power systems for commercial and industrial use, and key engine components such as turbochargers, fuel systems, air handling, filtration and aftertreatment solutions. Further Reading Five stocks we like better than Cummins 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 CMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cummins Inc. (NYSE:CMI – Free Report). Receive News & Ratings for Cummins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cummins and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEChurchill Downs, Incorporated $CHDN Shares Purchased by Bessemer Group Inc. NEXT HEADLINE »VeriSign, Inc. $VRSN Shares Sold by California Public Employees Retirement System |
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Pet medications now available at CVS Pharmacy® | FMP Stock News | |
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Dog and cat owners can now fill common pet prescriptions at all CVS Pharmacy locations nationwide, /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced that common prescription medications for dogs and cats are now available at its approximately 9,000 CVS Pharmacy® locations nationwide. Pet owners can fill prescriptions for select pet-only medications, including antibiotics, allergy, flea and tick control, insulin, and pain relievers, at their local CVS Pharmacy, expanding access to essential pet health care. Greater flexibility in where pet prescriptions are filled helps reduce stress and delays, ensuring pets receive the medications they need conveniently while supporting their health and well-being. Pet medications now available at CVS Pharmacy locations nationwide. Pet prescriptions are eligible for many of the same pharmacy services as their owners', including automatic refills and prescription syncing, helping simplify ongoing care. Select medications may also be available for delivery. "We're proud to be a trusted partner in our patients' health care journeys," said Sid Tenneti, Senior Vice President and Interim President, Pharmacy and Consumer Wellness, CVS Health. "With the addition of pet medication dispensing, CVS Pharmacy can now serve every member of the family. Combined with our convenient locations, extended hours, and broad range of health and wellness products, we offer a true one-stop destination for care." How it works Pet owners who would like to fill their pet's medication at CVS Pharmacy simply need to present a written prescription or ask their veterinarian to contact the pharmacy directly. Once CVS Pharmacy receives the prescription, the pet owner can choose to pick it up in-store or opt to have it delivered, if eligible. Pet owners can add their pets to their CVS.com profile and manage eligible pet prescriptions through the CVS Health app. Additional enhancements to help make the new service even more convenient for pet owners and veterinarians, including electronic prescription capabilities, will be added in the coming months. Medications and more In addition to prescription pet medications, pet owners can find everything from shampoos and wet and dry food, to flea and tick care and dental treats in the Pet section of CVS Pharmacy stores and on CVS.com. CVS Pharmacy's own Pet Central brand includes a variety of products for dogs and cats, including ergonomic grooming tools, pet care and wellness accessories, toys, cat litter and puppy training pads, with new items coming in September. Additional national brand products have been recently added to the assortment as well, including items from Milk-Bone, Greenies, Churu, Savory Prime and Temptations. To learn more about pet medication dispensing at CVS Pharmacy, including which pet medications are currently available, visit https://www.cvs.com/content/pharmacy/pet-meds. About CVS Health CVS Health is a leading health solutions company simplifying health care one person, one family and one community at a time. As of March 31, 2026, the Company had approximately 9,000 retail pharmacy locations, more than 1,000 walk-in and primary care medical clinics and a leading pharmacy benefits manager with approximately 88 million plan members. The Company also serves an estimated more than 37 million people through a broad range of health insurance products and related services. The Company's integrated model uses personalized, technology driven services to connect people to simply better health, increasing access to quality care, delivering better outcomes, and lowering overall costs. Media contact Roslyn Guarino 781-974-3962 [email protected] Amy Thibault 401-318-2865 [email protected] SOURCE CVS/pharmacy |
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Andra AP fonden Has $20.76 Million Stake in Prologis, Inc. $PLD | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Andra AP fonden raised its position in Prologis, Inc. (NYSE:PLD – Free Report) by 196.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,028 shares of the real estate investment trust’s stock after acquiring an additional 104,009 shares during the period. Andra AP fonden’s holdings in Prologis were worth $20,756,000 as of its most recent SEC filing. Several other institutional investors have also recently added to or reduced their stakes in PLD. High Point Wealth Management LLC acquired a new stake in shares of Prologis in the 4th quarter valued at $26,000. Ares Financial Consulting LLC acquired a new stake in shares of Prologis in the 4th quarter valued at about $26,000. Eagle Bay Advisors LLC bought a new stake in Prologis in the 4th quarter valued at approximately $27,000. SouthState Bank Corp increased its position in shares of Prologis by 73.1% in the fourth quarter. SouthState Bank Corp now owns 225 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 95 shares during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in Prologis in the fourth quarter valued at $29,000. 93.50% of the stock is owned by institutional investors. Prologis Stock Performance Shares of NYSE PLD opened at $147.43 on Tuesday. The stock has a market cap of $137.46 billion, a price-to-earnings ratio of 32.84 and a beta of 1.32. The company has a current ratio of 0.27, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63. Prologis, Inc. has a 1-year low of $103.41 and a 1-year high of $153.35. The stock’s 50-day moving average is $143.20 and its 200 day moving average is $138.10. Prologis (NYSE:PLD – Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.38. Prologis had a net margin of 45.79% and a return on equity of 7.29%. The company had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter in the prior year, the company earned $1.46 EPS. The firm’s revenue was up 11.0% on a year-over-year basis. Prologis has set its FY 2026 guidance at 6.220-6.300 EPS. On average, sell-side analysts anticipate that Prologis, Inc. will post 6.26 EPS for the current fiscal year. Prologis Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were given a dividend of $1.07 per share. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $4.28 dividend on an annualized basis and a yield of 2.9%. Prologis’s dividend payout ratio is presently 95.32%. More Prologis News Here are the key news stories impacting Prologis this week: Negative Sentiment: SEGRO rejected Prologis’ revised takeover offer for the third time, reducing the odds of a deal and weighing on investor sentiment toward PLD. Reuters article Negative Sentiment: Prologis’ sweetened bid was publicly rejected again, suggesting management may need to either walk away or pay up further, both of which can create uncertainty for shareholders. Yahoo Finance article Neutral Sentiment: Trading activity in Prologis’ stock has climbed within the S&P 500, which points to elevated investor attention but does not by itself explain a clear directional move. Kalkine Media article Neutral Sentiment: Momentum-focused commentary and “top growth stock” mentions may support the longer-term bull case, but these pieces are less likely to drive today’s trading than the SEGRO news. Zacks article Positive Sentiment: Recent earnings-related coverage highlighted strong lease signings and an improved outlook, which continues to support the stock’s fundamental backdrop even as merger speculation creates volatility. Yahoo Finance article Insiders Place Their Bets In other Prologis news, CFO Timothy D. Arndt sold 3,597 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $150.00, for a total value of $539,550.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.52% of the company’s stock. Analyst Upgrades and Downgrades Several research analysts have weighed in on PLD shares. BTIG Research increased their price objective on Prologis from $160.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. UBS Group lifted their price target on shares of Prologis from $148.00 to $161.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Raymond James Financial started coverage on Prologis in a research note on Thursday, June 18th. They issued a “market perform” rating on the stock. Mizuho raised their target price on Prologis from $150.00 to $159.00 and gave the company an “outperform” rating in a report on Friday. Finally, Wells Fargo & Company increased their price target on shares of Prologis from $155.00 to $167.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Fifteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $153.24. Check Out Our Latest Analysis on PLD About Prologis (Free Report) Prologis, Inc is a real estate investment trust (REIT) specializing in logistics and distribution facilities. The company focuses on acquiring, developing, and managing high-quality industrial real estate assets that support supply chain infrastructure for third-party logistics providers, e-commerce businesses, retailers and manufacturers. Its portfolio primarily consists of warehouse and distribution centers designed to optimize goods movement and storage near key transportation hubs. With a global presence, Prologis serves customers across the Americas, Europe and Asia Pacific. Read More Five stocks we like better than Prologis 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 Receive News & Ratings for Prologis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prologis and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAssetmark Inc. Purchases 49,925 Shares of Alphabet Inc. $GOOG NEXT HEADLINE »Lowe’s Companies, Inc. $LOW Shares Sold by Andra AP fonden |
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Norway Oil Fund Urges Constructive Tie-Up Talks Between Prologis and Segro | FMP Stock News | |
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As a long-term shareholder in both companies, Norges Bank Investment Management said it understood the rationale for a combination and the proposal merited consideration. |
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Extra Space Storage Inc $EXR Shares Sold by California Public Employees Retirement System | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026California Public Employees Retirement System cut its stake in shares of Extra Space Storage Inc (NYSE:EXR – Free Report) by 3.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 371,042 shares of the real estate investment trust’s stock after selling 14,559 shares during the period. California Public Employees Retirement System owned approximately 0.18% of Extra Space Storage worth $48,655,000 at the end of the most recent quarter. Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new position in Extra Space Storage in the 4th quarter worth about $1,219,606,000. Capital International Investors lifted its stake in Extra Space Storage by 73.9% during the fourth quarter. Capital International Investors now owns 6,256,687 shares of the real estate investment trust’s stock valued at $814,746,000 after buying an additional 2,658,947 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Extra Space Storage by 900.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,187,795 shares of the real estate investment trust’s stock valued at $308,348,000 after buying an additional 1,969,013 shares in the last quarter. Cohen & Steers Inc. boosted its holdings in shares of Extra Space Storage by 13.4% in the fourth quarter. Cohen & Steers Inc. now owns 15,979,424 shares of the real estate investment trust’s stock worth $2,080,971,000 after buying an additional 1,888,763 shares during the period. Finally, Resolution Capital Ltd increased its position in shares of Extra Space Storage by 116.2% in the second quarter. Resolution Capital Ltd now owns 1,950,842 shares of the real estate investment trust’s stock worth $287,632,000 after acquiring an additional 1,048,685 shares in the last quarter. 99.11% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling at Extra Space Storage In other news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $150.00, for a total value of $495,000.00. Following the transaction, the executive vice president directly owned 37,374 shares of the company’s stock, valued at approximately $5,606,100. This represents a 8.11% 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. Company insiders own 0.96% of the company’s stock. Extra Space Storage Stock Performance EXR stock opened at $147.35 on Tuesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.37 and a current ratio of 0.37. The stock has a market cap of $31.13 billion, a P/E ratio of 33.04, a P/E/G ratio of 4.59 and a beta of 1.19. The firm has a 50 day simple moving average of $145.36 and a 200 day simple moving average of $142.32. Extra Space Storage Inc has a 52 week low of $125.71 and a 52 week high of $155.19. Extra Space Storage (NYSE:EXR – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $1.14 EPS for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.87). Extra Space Storage had a net margin of 27.66% and a return on equity of 6.65%. The company had revenue of $856.03 million for the quarter, compared to analysts’ expectations of $851.35 million. During the same period in the previous year, the firm posted $2.00 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. Research analysts anticipate that Extra Space Storage Inc will post 8.26 earnings per share for the current fiscal year. Extra Space Storage Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $1.62 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 4.4%. Extra Space Storage’s dividend payout ratio is 145.29%. Wall Street Analysts Forecast Growth Several equities research analysts recently commented on the stock. Wells Fargo & Company upped their price target on shares of Extra Space Storage from $148.00 to $154.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Barclays boosted their target price on shares of Extra Space Storage from $170.00 to $172.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. JPMorgan Chase & Co. increased their target price on Extra Space Storage from $142.00 to $144.00 and gave the company a “neutral” rating in a report on Monday, March 23rd. UBS Group raised their target price on Extra Space Storage from $158.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Finally, Bank of America upgraded Extra Space Storage from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $147.00 to $156.00 in a report on Tuesday, June 16th. Six equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $146.27. Read Our Latest Stock Report on EXR About Extra Space Storage (Free Report) Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs. Its business model combines property ownership with third-party management and development activities. Featured Articles Five stocks we like better than Extra Space Storage 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 EXR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Extra Space Storage Inc (NYSE:EXR – Free Report). Receive News & Ratings for Extra Space Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extra Space Storage and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINECalifornia Public Employees Retirement System Sells 4,311 Shares of Dover Corporation $DOV NEXT HEADLINE »California Public Employees Retirement System Acquires 9,242 Shares of Raymond James Financial, Inc. $RJF |
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California Public Employees Retirement System Lowers Stock Holdings in Coinbase Global, Inc. $COIN | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026California Public Employees Retirement System cut its position in Coinbase Global, Inc. (NASDAQ:COIN – Free Report) by 23.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 296,268 shares of the cryptocurrency exchange’s stock after selling 89,963 shares during the quarter. California Public Employees Retirement System owned 0.11% of Coinbase Global worth $51,731,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also recently modified their holdings of COIN. Formidable Asset Management LLC boosted its holdings in Coinbase Global by 2.2% during the 4th quarter. Formidable Asset Management LLC now owns 2,074 shares of the cryptocurrency exchange’s stock valued at $469,000 after acquiring an additional 44 shares during the period. L2 Asset Management LLC grew its position in Coinbase Global by 5.0% in the 3rd quarter. L2 Asset Management LLC now owns 965 shares of the cryptocurrency exchange’s stock valued at $326,000 after acquiring an additional 46 shares in the last quarter. Ancora Advisors LLC increased its stake in Coinbase Global by 4.5% during the third quarter. Ancora Advisors LLC now owns 1,174 shares of the cryptocurrency exchange’s stock worth $396,000 after purchasing an additional 51 shares during the period. Fulton Bank N.A. increased its stake in Coinbase Global by 1.1% during the first quarter. Fulton Bank N.A. now owns 4,942 shares of the cryptocurrency exchange’s stock worth $863,000 after purchasing an additional 53 shares during the period. Finally, SRH Advisors LLC lifted its position in shares of Coinbase Global by 10.1% during the fourth quarter. SRH Advisors LLC now owns 600 shares of the cryptocurrency exchange’s stock worth $136,000 after purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 68.84% of the company’s stock. Analyst Upgrades and Downgrades Several research firms have recently commented on COIN. Jefferies Financial Group raised their price objective on shares of Coinbase Global from $151.00 to $181.00 and gave the company a “hold” rating in a research note on Thursday, April 9th. Oppenheimer cut their target price on shares of Coinbase Global from $224.00 to $209.00 and set an “outperform” rating on the stock in a research note on Thursday. B. Riley Financial reduced their target price on shares of Coinbase Global from $243.00 to $203.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Compass Point reissued a “sell” rating on shares of Coinbase Global in a research report on Monday, June 1st. Finally, Citizens Jmp dropped their price target on shares of Coinbase Global from $355.00 to $325.00 and set a “market outperform” rating for the company in a research note on Thursday, July 9th. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Coinbase Global currently has an average rating of “Hold” and a consensus price target of $245.39. Check Out Our Latest Research Report on COIN Coinbase Global News Summary Here are the key news stories impacting Coinbase Global this week: Positive Sentiment: Coinbase vice chair Ryan VanGrack said Senate negotiators added stronger consumer protections to the CLARITY Act, which could improve the odds of crypto market-structure legislation passing and create a more favorable regulatory backdrop for Coinbase. Article: Democrats added certain consumer protection rules to CLARITY: Coinbase exec Positive Sentiment: Multiple headlines featured Coinbase CEO Brian Armstrong defending Bitcoin’s long-term durability and dismissing concerns about miners shifting energy use to AI, which can reinforce Coinbase’s image as a leading crypto industry voice. Article: Coinbase CEO Brian Armstrong: Hash Power Doesn’t Determine Bitcoin’s Price Neutral Sentiment: Armstrong also said Bitcoin is likely to remain a long-term gauge of inflation fears and commented that stablecoins, not Bitcoin, have best fulfilled Satoshi’s payments vision; this keeps Coinbase in the center of the crypto narrative but is not a direct business catalyst. Article: Coinbase CEO Brian Armstrong Says Bitcoin Will ‘Mostly’ Be a Measure of Inflation Fears in the Long Term Neutral Sentiment: Coinbase shares also got a routine lift from broad market movement, with recent coverage noting the stock outperformed a down market session. Article: Coinbase Global, Inc. (COIN) Ascends While Market Falls: Some Facts to Note Negative Sentiment: Prediction markets suggested Coinbase’s second-quarter trading volume may come in below analyst expectations, renewing concern that weaker crypto activity could pressure transaction revenue. Article: Coinbase trading results may fall short of expectations, according to prediction markets Negative Sentiment: Another piece argued Coinbase’s Base strategy showed the company may be building for an older crypto cycle, hinting at product and strategic execution risks. Article: Coinbase’s big Base mistake offers an important lesson for the crypto industry Coinbase Global Stock Performance Shares of COIN opened at $160.43 on Tuesday. The stock has a 50-day simple moving average of $169.28 and a 200-day simple moving average of $186.24. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.14 and a current ratio of 2.14. The stock has a market capitalization of $42.27 billion, a PE ratio of 60.31, a PEG ratio of 10.14 and a beta of 3.35. Coinbase Global, Inc. has a 1 year low of $139.18 and a 1 year high of $436.38. Coinbase Global (NASDAQ:COIN – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.16% and a net margin of 12.20%.The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the prior year, the firm posted $0.24 earnings per share. The business’s quarterly revenue was down 30.5% compared to the same quarter last year. On average, analysts predict that Coinbase Global, Inc. will post 1.41 earnings per share for the current fiscal year. Insider Activity In related news, Director Frederick R. Wilson sold 10,000 shares of Coinbase Global stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $181.54, for a total value of $1,815,400.00. Following the completion of the transaction, the director owned 30,000 shares in the company, valued at $5,446,200. The trade was a 25.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer N. Jones sold 2,051 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $158.15, for a total transaction of $324,365.65. 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 30,627 shares of company stock worth $5,327,841 over the last three months. Insiders own 16.66% of the company’s stock. Coinbase Global Profile (Free Report) Coinbase Global, Inc is a U.S.-based company that operates one of the largest cryptocurrency exchange platforms. Founded in 2012 by Brian Armstrong and Fred Ehrsam and headquartered in San Francisco, Coinbase provides technology and infrastructure to buy, sell, store and use a broad range of digital assets. The company became a public company through a direct listing on the NASDAQ in April 2021 and offers services tailored to both retail and institutional customers. Coinbase’s product portfolio includes its consumer trading platform, a self-custody mobile wallet, and institutional services such as custody, prime brokerage and execution tools. Featured Stories Five stocks we like better than Coinbase Global 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 Receive News & Ratings for Coinbase Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coinbase Global and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBessemer Group Inc. Takes Position in Hingham Institution for Savings $HIFS NEXT HEADLINE »Bessemer Group Inc. Buys 35,173 Shares of Mohawk Industries, Inc. $MHK |
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Baader Bank Aktiengesellschaft Boosts Stock Holdings in Coinbase Global, Inc. $COIN | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Baader Bank Aktiengesellschaft raised its stake in Coinbase Global, Inc. (NASDAQ:COIN – Free Report) by 61.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,856 shares of the cryptocurrency exchange’s stock after purchasing an additional 5,631 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Coinbase Global were worth $2,429,000 at the end of the most recent quarter. Several other institutional investors also recently made changes to their positions in COIN. MV Capital Management Inc. purchased a new stake in Coinbase Global during the fourth quarter valued at about $27,000. Palisade Asset Management LLC purchased a new stake in shares of Coinbase Global during the 3rd quarter worth about $29,000. Osbon Capital Management LLC purchased a new stake in shares of Coinbase Global during the 4th quarter worth about $30,000. Archer Investment Corp increased its position in Coinbase Global by 546.4% during the 1st quarter. Archer Investment Corp now owns 181 shares of the cryptocurrency exchange’s stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Finally, Brooklands Fund Management Ltd acquired a new stake in Coinbase Global during the 4th quarter worth approximately $34,000. 68.84% of the stock is owned by hedge funds and other institutional investors. Insiders Place Their Bets In other Coinbase Global news, insider Paul Grewal sold 1,960 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $176.88, for a total transaction of $346,684.80. Following the completion of the sale, the insider owned 84,753 shares in the company, valued at $14,991,110.64. This trade represents a 2.26% decrease in their position. The sale was disclosed in a document filed 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, Director Frederick R. Wilson sold 10,000 shares of Coinbase Global stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $181.54, for a total value of $1,815,400.00. Following the sale, the director owned 30,000 shares in the company, valued at $5,446,200. This represents a 25.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 30,627 shares of company stock worth $5,327,841. Company insiders own 16.66% of the company’s stock. Coinbase Global Price Performance COIN opened at $160.43 on Tuesday. Coinbase Global, Inc. has a twelve month low of $139.18 and a twelve month high of $436.38. The firm has a market cap of $42.27 billion, a price-to-earnings ratio of 60.31, a PEG ratio of 10.14 and a beta of 3.35. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.44. The company has a fifty day simple moving average of $169.28 and a 200 day simple moving average of $186.24. Coinbase Global (NASDAQ:COIN – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a return on equity of 4.16% and a net margin of 12.20%.The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the firm earned $0.24 EPS. The business’s quarterly revenue was down 30.5% compared to the same quarter last year. Equities research analysts expect that Coinbase Global, Inc. will post 1.41 EPS for the current fiscal year. Analyst Ratings Changes A number of research analysts have weighed in on the stock. President Capital lifted their price target on shares of Coinbase Global from $236.00 to $264.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Benchmark reissued a “buy” rating and issued a $270.00 price objective on shares of Coinbase Global in a research report on Wednesday, June 17th. Monness Crespi & Hardt reissued a “sell” rating on shares of Coinbase Global in a research note on Friday, June 5th. Barclays reduced their target price on shares of Coinbase Global from $107.00 to $99.00 and set an “underweight” rating on the stock in a report on Thursday, July 9th. Finally, Oppenheimer decreased their price target on shares of Coinbase Global from $224.00 to $209.00 and set an “outperform” rating for the company in a research report on Thursday. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Coinbase Global currently has a consensus rating of “Hold” and an average target price of $245.39. View Our Latest Analysis on Coinbase Global Trending Headlines about Coinbase Global Here are the key news stories impacting Coinbase Global this week: Positive Sentiment: Coinbase vice chair Ryan VanGrack said Senate negotiators added stronger consumer protections to the CLARITY Act, which could improve the odds of crypto market-structure legislation passing and create a more favorable regulatory backdrop for Coinbase. Article: Democrats added certain consumer protection rules to CLARITY: Coinbase exec Positive Sentiment: Multiple headlines featured Coinbase CEO Brian Armstrong defending Bitcoin’s long-term durability and dismissing concerns about miners shifting energy use to AI, which can reinforce Coinbase’s image as a leading crypto industry voice. Article: Coinbase CEO Brian Armstrong: Hash Power Doesn’t Determine Bitcoin’s Price Neutral Sentiment: Armstrong also said Bitcoin is likely to remain a long-term gauge of inflation fears and commented that stablecoins, not Bitcoin, have best fulfilled Satoshi’s payments vision; this keeps Coinbase in the center of the crypto narrative but is not a direct business catalyst. Article: Coinbase CEO Brian Armstrong Says Bitcoin Will ‘Mostly’ Be a Measure of Inflation Fears in the Long Term Neutral Sentiment: Coinbase shares also got a routine lift from broad market movement, with recent coverage noting the stock outperformed a down market session. Article: Coinbase Global, Inc. (COIN) Ascends While Market Falls: Some Facts to Note Negative Sentiment: Prediction markets suggested Coinbase’s second-quarter trading volume may come in below analyst expectations, renewing concern that weaker crypto activity could pressure transaction revenue. Article: Coinbase trading results may fall short of expectations, according to prediction markets Negative Sentiment: Another piece argued Coinbase’s Base strategy showed the company may be building for an older crypto cycle, hinting at product and strategic execution risks. Article: Coinbase’s big Base mistake offers an important lesson for the crypto industry Coinbase Global Profile (Free Report) Coinbase Global, Inc is a U.S.-based company that operates one of the largest cryptocurrency exchange platforms. Founded in 2012 by Brian Armstrong and Fred Ehrsam and headquartered in San Francisco, Coinbase provides technology and infrastructure to buy, sell, store and use a broad range of digital assets. The company became a public company through a direct listing on the NASDAQ in April 2021 and offers services tailored to both retail and institutional customers. Coinbase’s product portfolio includes its consumer trading platform, a self-custody mobile wallet, and institutional services such as custody, prime brokerage and execution tools. Featured Stories Five stocks we like better than Coinbase Global 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 Receive News & Ratings for Coinbase Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coinbase Global and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEFifth Third Bancorp Boosts Stake in Deckers Outdoor Corporation $DECK |
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This Top Investment Firm Says the Crypto Market Is Nearing a Bottom. Here's What It Could Mean for Coinbase. | FMP Stock News | |
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Investment firm William Blair recently cut its estimates for Coinbase (COIN +8.31%), the largest U.S. cryptocurrency exchange. Interestingly, it also reiterated an outperform rating for Coinbase, suggested that clients stay invested, and advised that the crypto market could be near its bottom.Coinbase stock has plummeted over the last year, from an all-time high of $445 on July 17, 2025, to $157 as of July 17, 2026. Here are the details on William Blair's analysis and whether this is a good buying opportunity for Coinbase. Image source: The Motley Fool. William Blair's outlook on Coinbase and the crypto market William Blair reduced annual revenue estimates for Coinbase by 12% in 2026 and 13% in 2027. It also cut its EBITDA (earnings before interest, taxes, depreciation, and amortization) estimates by 34% for both years, and it expects Coinbase's trading volume to fall 44% to $669 billion in 2026. These predictions make sense when you consider Coinbase's dependence on the crypto market and how the bear market has already affected it. Coinbase reported revenue of $1.4 billion in Q1 2026, a 31% year-over-year decrease. The crypto exchange also had a net loss of $394 million that quarter, compared to net income of $66 million in Q1 2025. As a crypto exchange, Coinbase makes a large portion of its revenue (54% in Q1 2026) from transaction fees. During bear markets, enthusiasm for crypto fades, fewer people want to buy, and trading activity drops. Today's Change ( 8.31 %) $ 13.33 Current Price $ 173.76 William Blair remains bullish on Coinbase for a few reasons. It believes that the crypto bear market is close to a bottom with Bitcoin prices stabilizing, and that trading volumes will rebound by 32% in 2027. The firm also sees the current situation much differently than the lengthy bear market that started in 2022, with Bitcoin ETFs, institutional adoption, and the regulatory environment all potentially helping the market recover more quickly. Although Coinbase makes money from trading fees, it has developed additional revenue streams. It now offers tokenized real-world assets (RWAs), prediction markets, and retail derivatives, all of which could make it a more resilient investment. This could be a good buy-the-dip opportunity for Coinbase stock, although I'd take a cautious approach. While Coinbase has branched out, trading fees are still its bread and butter. It'll likely continue to perform best during bull markets when investors are excited about cryptocurrency and trading activity is high. During bear markets, it will probably keep underperforming. When the crypto market rebounds, Coinbase should rise with it, but there's no way to be sure when that will happen. Previous bear markets have lasted for years, so investors should take predictions that we're near the bottom with a grain of salt. The safest approach is to keep your crypto allocation, including cryptocurrencies and crypto stocks, to a small portion of your investment portfolio. |
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Why Palo Alto Stock Can Be a Big Winner in Cybersecurity's New AI Era | FMP Stock News | |
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Palo Alto Networks is seeing strong demand for its services as more powerful AI models have companies fretting about cybersecurity. |
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Undervalued Snapchat Worth Another Look, Says Study | FMP Stock News | |
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Scenes from Snapchat.courtesy of Snapchat Trevor Testwuide, Measured CEO, calls Snapchat one of marketing’s most overlooked growth platforms. It’s true. Snapchat entered the social advertising landscape more than a decade ago. Yet, for most brands, the platform remains a secondary allocation or a reach play behind the platforms that usually dominate quarterly planning conversations. Last May, Snapchat introduced new goal-based bidding capabilities and expanded formats for Sponsored Snaps, including Chat takeovers and creator-delivered placements, alongside broader AI-powered automation tools across ad delivery and budget optimization. The changes had a major effect. Snapchat adoption among Measured customers increased 11.1 percent, while median incremental return on investment (iROAS) rose 36.2 percent. “We’ve really been driving innovation across the industry,” said Adrian Mulryan, head of global agency and strategic accounts at Snapchat. “We’ve launched many products that can close the gap. There’s a range of products that can help marketers reach their goals. The report demonstrates that Snapchat is a platform that can deliver results at scale, Mulryan said, adding, “Obviously, the study is specifically focused on retailers. We have a number of retailers on the platform, but I think we can always see more. I think this will highlight to the industry, agencies and brands that we rebuilt the ad platform.” “Snapchat’s been undervalued for a number of years. A lot of the conversations we’ve had were really about demystifying what Snapchat is today,” said Mulryan. “We have a unique audience. If you look at the results and look at our audience, we believe it is unique.” MORE FOR YOU Mulryan said that 92 percent Snapchat users include friends in their shopping journeys and 73 percent recommend brands and products to friends and family. “Our billion users are talking about purchases every day and recommending purchases every day,” he said. Sonia Lapinsky, retail partner & managing director and head of Alix Partners fashion practice, said Snapchat can be “used very strategically, but retailers are looking at larger platforms, often assuming that’s where they’re going to get the bigger bang for the buck.” “We’ve often been asked by retailers how they can access younger consumers,” Lapinsky said. “From our research, we found that teens are spending more time on Snapchat. They spend five hours a day on social in general and Snapchat ranks third, ahead of Instagram and Facebook. If you’re looking to reach a younger audience and capture these consumers earlier in their lifecycle, Snapchat is a good way to do that.” Lapinsky, who said that Snapchat skews toward fashion, beauty and gaming, categories where peer discovery and recommendations tend to drive purchases, called the platform a social, family-friendly environment. According to the survey by Measured, which looked across the 130 ecommerce brands in its portfolio, Snapchat accounts for just 5% of social ad spend yet delivers a median iROAS of $2.84, which is 19.3% higher than the blended incremental return generated by all social advertising for the same brands. For brands that advertised on Snapchat, incremental return across search and social was 12.9 percent higher than for brands that didn’t invest in the platform. The increase is consequential because the brands studied allocated more than 63 percent of their advertising budgets to search and social. Even modest improvements across channels that consume the majority of a budget can have an outsized impact on marketing efficiency. “Globally you’ll have over $1 trillion dollars spent on media this year,” said Testwuide. “You still have so many brands that are spending $50 million, $75 million, hundreds of millions of dollars, leveraging these last touch metrics that do not accurately represent the contribution.” “It seems like the industry is moving toward a stronger measurement, namely incrementality measurement,” said Testwuide. “It’s not just ecommerce. This is what we’re seeing now. I think there’s opportunity for Snap.” “It’s a sliver of the spend but for folks that are using it, it can be a strong performer,” Testwuide said of Snapchat. “The other insight we identified is a halo effect, a meaningful halo effect. There’s a first order influence that the media has on the outcome, and then there’s a second order halo effect, which we featured in the research.” These halo effects don’t appear in platform reporting. They become visible only when marketers measure incremental performance across the entire media mix, revealing Snapchat’s contribution beyond the revenue generated within the platform itself, Testwuide said. “We’re trying to tell the market that the last click is updated,” said Mulryan, referring to the marketing attribution model that gives all the credit for a conversion to the final touchpoint. “We’ll demonstrate across the platform that there’s an incrementality there and that we can drive deeper results.” |
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Assetmark Inc. Has $9.79 Million Stock Position in Spotify Technology $SPOT | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Assetmark Inc. lowered its stake in shares of Spotify Technology (NYSE:SPOT – Free Report) by 37.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,183 shares of the company’s stock after selling 11,876 shares during the quarter. Assetmark Inc.’s holdings in Spotify Technology were worth $9,787,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPL Wealth Management LLC acquired a new position in shares of Spotify Technology during the third quarter worth approximately $35,000. Kemnay Advisory Services Inc. bought a new stake in shares of Spotify Technology during the fourth quarter valued at approximately $32,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Spotify Technology in the fourth quarter valued at approximately $35,000. Osbon Capital Management LLC acquired a new stake in shares of Spotify Technology in the fourth quarter valued at approximately $35,000. Finally, Wilmington Savings Fund Society FSB raised its position in Spotify Technology by 85.7% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 65 shares of the company’s stock worth $38,000 after purchasing an additional 30 shares during the last quarter. Institutional investors and hedge funds own 84.09% of the company’s stock. Insider Activity In other Spotify Technology news, Director Thomas O. Staggs sold 5,477 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $526.00, for a total value of $2,880,902.00. Following the sale, the director directly owned 3,619 shares in the company, valued at approximately $1,903,594. This trade represents a 60.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Gustav Soderstrom sold 20,833 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $430.72, for a total transaction of $8,973,189.76. Following the completion of the sale, the chief executive officer owned 20,492 shares in the company, valued at approximately $8,826,314.24. This trade represents a 50.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 111,442 shares of company stock valued at $54,757,553. 0.40% of the stock is currently owned by company insiders. Spotify Technology Trading Up 3.0% NYSE:SPOT opened at $492.62 on Tuesday. Spotify Technology has a 1-year low of $405.00 and a 1-year high of $748.30. The firm has a market capitalization of $101.42 billion, a price-to-earnings ratio of 39.25, a PEG ratio of 1.18 and a beta of 1.56. The business’s 50-day moving average price is $477.84 and its two-hundred day moving average price is $490.51. Spotify Technology (NYSE:SPOT – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $4.04 EPS for the quarter, beating analysts’ consensus estimates of $3.41 by $0.63. The company had revenue of $5.25 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Spotify Technology had a return on equity of 35.73% and a net margin of 15.56%.Spotify Technology’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.07 EPS. Sell-side analysts predict that Spotify Technology will post 14.51 earnings per share for the current year. Wall Street Analyst Weigh In A number of brokerages have commented on SPOT. Pivotal Research decreased their price objective on Spotify Technology from $420.00 to $400.00 and set a “hold” rating on the stock in a research report on Wednesday, April 29th. Cantor Fitzgerald boosted their target price on Spotify Technology from $430.00 to $520.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Benchmark cut their price target on Spotify Technology from $760.00 to $695.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. JPMorgan Chase & Co. raised their price target on Spotify Technology from $600.00 to $650.00 and gave the company an “overweight” rating in a report on Friday, May 22nd. Finally, Daiwa Securities Group initiated coverage on Spotify Technology in a research report on Thursday, March 26th. They issued an “outperform” rating and a $535.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $638.58. Check Out Our Latest Stock Analysis on Spotify Technology About Spotify Technology (Free Report) Spotify Technology is a digital audio streaming company best known for its on-demand music service and a growing portfolio of spoken-word content. Founded in Sweden in 2006 by Daniel Ek and Martin Lorentzon and launched commercially in 2008, the company offers a cross-platform app that enables users to discover, stream and organize music, podcasts and other audio. Its primary consumer products include a free, ad-supported tier and a paid Spotify Premium subscription that provides ad-free listening, offline playback and higher-quality audio streams. Featured Articles Five stocks we like better than Spotify 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 Receive News & Ratings for Spotify Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spotify Technology and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEDeckers Outdoor (DECK) to Post Earnings on Thursday NEXT HEADLINE »Andra AP fonden Has $21.22 Million Stock Holdings in Abbott Laboratories $ABT |
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4 Stocks That Recently Hiked Dividends Amid Geopolitical Tensions | FMP Stock News | |
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Key Takeaways Geopolitical tensions and rising oil prices have renewed inflation concerns and market volatility.SJM, PPG, SPFI and CNP recently announced higher dividends for shareholders.June inflation eased, but higher oil prices could renew price pressures and affect rate expectations. Volatility has returned to Wall Street as geopolitical tensions have resumed over the past week. Oil prices, which eased in June, are rising again, igniting fears that inflation could increase.Amid the ongoing market uncertainty, conservative investors looking for stable income while protecting their capital may find dividend-paying stocks appealing. These stocks offer a steady stream of income through regular dividend payments and can help reduce the impact of market volatility. Four such stocks are The J. M. Smucker Company (SJM - Free Report) , PPG Industries, Inc. (PPG - Free Report) , South Plains Financial, Inc. (SPFI - Free Report) and CenterPoint Energy, Inc. (CNP - Free Report) . Each of these stocks currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Geopolitical Tensions ReturnThe United States continued its attack on Iran for the ninth straight day on Monday, as hostilities intensified. The attacks come as President Donald Trump said earlier this month that he is no longer interested in negotiations while Iran scrapped the temporary memorandum of association to end hostilities. On Monday, oil prices rose further after Trump, in a Truth Social post, said that Iran will have to pay for the deaths of three U.S. soldiers “many more times.” Inflation declined in June after a temporary memorandum of understanding was signed by the United States and Iran in mid-June to end hostilities. The consumer price index (CPI) fell 0.4% sequentially in June, after increasing 0.5% in May. Year over year, CPI declined to 3.5% in June, surpassing the consensus estimate of a reading of 3.8%. The decline follows a reading of 4.2% in May. The monthly decline in CPI was the biggest since April 2020. However, with surging oil prices, inflation could once again resume its climb. The Federal Reserve has kept interest rates unchanged this year in its current range of 3.5-3.75%. Markets are pricing in a quarter-percentage-point rate hike by the end of this year, as the Federal Reserve continues to tame sky-high inflation. 4 Stocks That Recently Announced Dividend HikesThe J. M. Smucker CompanyThe J. M. Smucker Company is a leading marketer and manufacturer of branded food and beverage products and pet food and pet snacks in North America. SJM’s operations are primarily U.S.-based, with additional international activities, principally in Canada. On July 17, The J. M. Smucker Company announced that its shareholders would receive a dividend of $1.12 a share on Sept. 1. SJM has a dividend yield of 3.93%. Over the past five years, The J. M. Smucker Company has increased its dividend six times, and its payout ratio presently sits at 48% of earnings. Check The J. M. Smucker Company’s dividend history here. PPG IndustriesPPG Industries, Inc. is a global supplier of paints, coatings, chemicals, specialty materials, glass, and fiberglass. PPG has manufacturing facilities and equity affiliates in about 70 countries. On July 16, PPG Industries declared that its shareholders would receive a dividend of $0.74 a share on Sept. 11. PPG has a dividend yield of 2.42%. Over the past five years, PPG Industries has increased its dividend six times, and its payout ratio presently sits at 37% of earnings. Check PPG Industries’ dividend history here. South Plains FinancialSouth Plains Financial, Inc. is the bank holding company for City Bank, a chartered bank. SPFI provides commercial and consumer financial services to small and medium-sized businesses and individuals. South Plains Financial’s principal business activities include commercial and retail banking along with insurance, investment trust and mortgage services. On July 16, South Plains Financial announced that its shareholders would receive a dividend of $0.18 a share on Aug. 10. SPFI has a dividend yield of 1.48%. Over the past five years, South Plains Financial has increased its dividend nine times, and its payout ratio presently sits at 19% of earnings. Check South Plains Financial’s dividend history here. CenterPoint EnergyCenterPoint Energy, Inc. is a domestic energy delivery company that provides electric transmission and distribution, power generation, and natural gas distribution operations to more than 7 million metered customers across six states — Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. On July 15, CenterPoint Energy declared that its shareholders would receive a dividend of $0.24 a share on Sept. 10. CNP has a dividend yield of 2.13%. Over the past five years, CenterPoint Energy has increased its dividend eight times, and its payout ratio presently sits at 51% of earnings. Check CenterPoint Energy’s dividend history here. |
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Baader Bank Aktiengesellschaft Sells 2,719 Shares of S&P Global Inc. $SPGI | FMP Stock News | |
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Baader Bank Aktiengesellschaft reduced its stake in S&P Global Inc. (NYSE:SPGI – Free Report) by 47.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,044 shares of the business services provider’s stock after selling 2,719 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in S&P Global were worth $1,295,000 as of its most recent filing with the Securities & Exchange Commission.A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPGI. Norges Bank bought a new stake in S&P Global in the fourth quarter worth $2,398,991,000. Cardano Risk Management B.V. raised its position in shares of S&P Global by 858.3% in the 4th quarter. Cardano Risk Management B.V. now owns 1,760,230 shares of the business services provider’s stock worth $919,879,000 after purchasing an additional 1,576,544 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in S&P Global by 2,256.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,446,633 shares of the business services provider’s stock worth $755,996,000 after purchasing an additional 1,385,249 shares in the last quarter. Capital International Investors grew its position in S&P Global by 43.6% during the 4th quarter. Capital International Investors now owns 3,037,912 shares of the business services provider’s stock valued at $1,587,910,000 after purchasing an additional 922,433 shares during the last quarter. Finally, TCI Fund Management Ltd. increased its stake in S&P Global by 5.4% during the 4th quarter. TCI Fund Management Ltd. now owns 11,790,310 shares of the business services provider’s stock valued at $6,161,498,000 after purchasing an additional 600,440 shares in the last quarter. Institutional investors own 87.17% of the company’s stock. S&P Global Stock Performance Shares of SPGI stock opened at $448.52 on Tuesday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average price of $421.91 and a 200-day moving average price of $444.17. S&P Global Inc. has a 52 week low of $381.61 and a 52 week high of $579.05. The firm has a market capitalization of $132.76 billion, a PE ratio of 28.39, a P/E/G ratio of 2.18 and a beta of 1.08. S&P Global (NYSE:SPGI – Get Free Report) last issued its earnings results on Tuesday, April 28th. The business services provider reported $4.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.15. The company had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.08 billion. S&P Global had a net margin of 30.37% and a return on equity of 17.26%. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the company posted $4.37 earnings per share. S&P Global has set its FY 2026 guidance at 19.400-19.650 EPS. As a group, equities research analysts expect that S&P Global Inc. will post 19.32 earnings per share for the current year. S&P Global Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 26th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Wednesday, August 26th. This represents a $3.88 annualized dividend and a dividend yield of 0.9%. S&P Global’s payout ratio is presently 24.56%. Analysts Set New Price Targets SPGI has been the subject of several recent analyst reports. The Goldman Sachs Group decreased their target price on shares of S&P Global from $539.00 to $490.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Stifel Nicolaus raised their price target on shares of S&P Global from $489.00 to $521.00 and gave the company a “buy” rating in a research report on Friday. BMO Capital Markets boosted their price objective on shares of S&P Global from $495.00 to $505.00 and gave the stock an “outperform” rating in a report on Tuesday, July 7th. Mizuho upped their price objective on S&P Global from $551.00 to $554.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Finally, Royal Bank Of Canada cut their target price on S&P Global from $560.00 to $510.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 7th. Seventeen analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $535.06. Read Our Latest Analysis on SPGI Insider Activity at S&P Global In other news, CEO Catherine R. Clay purchased 2,500 shares of the business’s stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $431.39 per share, for a total transaction of $1,078,475.00. Following the purchase, the chief executive officer directly owned 2,500 shares in the company, valued at $1,078,475. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert Edward Jr. Moritz purchased 1,152 shares of S&P Global stock in a transaction dated Thursday, April 30th. The shares were acquired at an average cost of $434.03 per share, with a total value of $500,002.56. Following the transaction, the director directly owned 1,152 shares in the company, valued at approximately $500,002.56. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders bought 5,974 shares of company stock worth $2,576,775. 0.03% of the stock is owned by insiders. More S&P Global News Here are the key news stories impacting S&P Global this week: Positive Sentiment: JPMorgan Chase & Co. raised its price target on S&P Global to $555 from $535 and reiterated an overweight rating, signaling confidence in roughly 24% upside from the current share price. Benzinga article Positive Sentiment: Wells Fargo maintained its buy rating on S&P Global, and other market commentary highlighted the stock as one of the more attractive large-cap financial names. Wells Fargo article Positive Sentiment: Stifel Nicolaus said S&P Global’s stock price is expected to rise, adding to the recent stream of bullish analyst sentiment. Stifel article Neutral Sentiment: Investor discussion has also been favorable, with value-investing communities arguing that S&P Global may be a better buy than SpaceX; however, this is more sentiment-driven than a direct business catalyst. Insider Monkey article Negative Sentiment: Erste Group Bank cut its FY2027 EPS estimates for S&P Global, which could pressure expectations for future earnings growth. American Banking News article Negative Sentiment: Another Erste Group note also pointed to reduced earnings expectations for the company, reinforcing concerns around longer-term profit outlook. American Banking News article About S&P Global (Free Report) S&P Global is a leading provider of financial information, analytics and benchmark indices that serve investors, issuers, corporations and public institutions worldwide. The company operates through well-known businesses that include credit ratings, market intelligence and index licensing, as well as commodity and energy information services. Its products and services are used to assess creditworthiness, inform investment decisions, construct and track benchmark portfolios, and support risk and commodity market analysis. S&P Global Ratings provides independent credit ratings, research and data used by fixed income investors and capital market participants to evaluate issuer and transaction risk. Featured Stories Five stocks we like better than S&P Global 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 Receive News & Ratings for S&P Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&P Global and related companies with MarketBeat.com's FREE daily email newsletter. |
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ADP National Employment Report Preliminary Estimate for July 4, 2026 | FMP Stock News | |
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, /PRNewswire/ -- For the four weeks ending July 4, 2026, U.S. private employers added an average of 16,500 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report (NER). Hiring slowed for the fourth straight week. These numbers are preliminary and could change as new data is added. ADP Research Week ending Change (Four-week moving average, seasonally adjusted) 7/4/2026 16,500 6/27/2026 19,250 6/20/2026 21,000 6/13/2026 24,250 6/6/2026 30,750 5/30/2026 26,500 5/23/2026 29,000 5/16/2026 30,500 5/9/2026 35,750 5/2/2026 40,750 4/25/2026 33,000 4/18/2026 30,250 The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average. These estimates are based on ADP's finely tuned, high-frequency data. The data is seasonally adjusted and have a two-week lag to allow for more complete and accurate estimates of real-time employment trends. The NER Pulse, including 12 weeks of historical data, publishes every Tuesday at 8:15 a.m. ET, except weeks when ADP Research publishes the monthly National Employment Report which is built on a reference week that includes the 12th day of the month. The press release is available Tuesdays at 8:15 a.m. ET in the ADP Media Center. The NER Pulse is also available shortly after 8:15 a.m. ET on release days at ADP Research and in Main Street Macro. The next NER Pulse will be released July 28, 2026. For upcoming release dates please refer to the calendar on the NER website. The ADP National Employment Report and the NER Pulse are produced by ADP Research in collaboration with the Stanford Digital Economy Lab. About ADP Research The mission of ADP Research is to make the future of work more productive through data-driven discovery. Companies, workers, and policy makers rely on our finely tuned data and unique perspective to make informed decisions that impact workplaces around the world. To subscribe to monthly email alerts or obtain additional information about ADP Research, including employment and pay data, methodology, and a calendar of release dates, please visit https://www.adpresearch.com. About ADP (NASDAQ: ADP) ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP continuously works to solve business challenges for our clients and their workers, from simple, easy-to-use tools for small businesses to fully integrated platforms for global enterprises – and everything in between. Always Designing for People means we're focused on just that – people. We use our unmatched AI-driven insights and proven expertise to design innovative solutions that help people achieve greater success at work. More than 1.1 million clients across 140+ countries rely on ADP's exceptional service to support their people and drive their business forward. HR, Talent, Time Management, Benefits, Compliance, and Payroll. Learn more at ADP.com. ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, and ADP Research are registered trademarks of ADP, Inc. All other marks are the property of their respective owners. Copyright © 2026 ADP, Inc. All rights reserved. SOURCE ADP, Inc. |
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ADP Says June Private Sector Hiring Grew Slightly Below Expectations | FMP Stock News | |
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Private companies added a net 98,000 jobs in June after adding 122,000 jobs in May, ADP said, compared with economists' expectations of 110,000 new private-sector jobs added. |
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Strategy Inc $MSTR Stake Cut by California Public Employees Retirement System | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026California Public Employees Retirement System cut its holdings in shares of Strategy Inc (NASDAQ:MSTR – Free Report) by 17.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 388,298 shares of the software maker’s stock after selling 82,334 shares during the quarter. California Public Employees Retirement System owned 0.12% of Strategy worth $48,460,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently bought and sold shares of MSTR. McIlrath & Eck LLC lifted its position in shares of Strategy by 3.8% in the second quarter. McIlrath & Eck LLC now owns 1,246 shares of the software maker’s stock worth $504,000 after purchasing an additional 46 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in Strategy by 0.6% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 9,533 shares of the software maker’s stock valued at $3,061,000 after purchasing an additional 53 shares in the last quarter. Binnacle Investments Inc increased its stake in Strategy by 492.9% in the 2nd quarter. Binnacle Investments Inc now owns 83 shares of the software maker’s stock valued at $34,000 after buying an additional 69 shares during the period. Patriot Investment Management Group Inc. increased its stake in Strategy by 0.5% in the 4th quarter. Patriot Investment Management Group Inc. now owns 14,538 shares of the software maker’s stock valued at $2,209,000 after buying an additional 73 shares during the period. Finally, KPP Advisory Services LLC lifted its position in Strategy by 0.5% in the 4th quarter. KPP Advisory Services LLC now owns 14,994 shares of the software maker’s stock worth $2,278,000 after buying an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company’s stock. Trending Headlines about Strategy Here are the key news stories impacting Strategy this week: Positive Sentiment: Strategy raised $263.5 million through MSTR share sales, increasing liquidity and cash reserves to about $3.225 billion while preserving its Bitcoin treasury. Strategy raises $263.5M through MSTR sales, holds 843,775 Bitcoin Positive Sentiment: Bitcoin has shown relative strength and is decoupling from broader tech weakness, which supports Strategy’s core treasury-bet narrative. Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally? Neutral Sentiment: Michael Saylor’s comments against Bitcoin’s proposed BIP-110 upgrade kept Strategy in the crypto conversation, but the remarks are more about long-term Bitcoin governance than near-term fundamentals. Michael Saylor Says Bitcoin’s Proposed BIP-110 Upgrade Is ‘More Dangerous Than the Condition’ Negative Sentiment: Some market commentary continues to flag liquidity and leverage risks tied to Strategy’s Bitcoin-heavy balance sheet, including concerns about valuation and potential downside if BTC weakens. Prediction Markets Are Pricing Real Risk Into MicroStrategy’s Bitcoin Bet: What the Odds Say Strategy Stock Up 3.1% Strategy stock opened at $97.82 on Tuesday. The company has a market capitalization of $34.28 billion, a P/E ratio of -2.44 and a beta of 3.54. The firm’s fifty day simple moving average is $123.98 and its 200-day simple moving average is $138.82. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.22. Strategy Inc has a 1-year low of $81.81 and a 1-year high of $437.00. Strategy (NASDAQ:MSTR – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The software maker reported ($38.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.86) by ($37.39). The business had revenue of $124.30 million during the quarter, compared to analyst estimates of $120.75 million. Strategy had a negative net margin of 2,482.01% and a negative return on equity of 26.97%. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the firm posted ($16.49) EPS. Sell-side analysts forecast that Strategy Inc will post 57.47 earnings per share for the current fiscal year. Insider Buying and Selling In other Strategy news, Director Jarrod M. Patten sold 1,500 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $106.08, for a total value of $159,120.00. Following the completion of the sale, the director owned 28,406 shares of the company’s stock, valued at $3,013,308.48. The trade was a 5.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Andrew Kang sold 1,949 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $123.84, for a total value of $241,364.16. Following the transaction, the chief financial officer directly owned 71,044 shares in the company, valued at approximately $8,798,088.96. This represents a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders purchased 11,166 shares of company stock worth $1,014,265 and sold 183,522 shares worth $23,804,822. Insiders own 6.49% of the company’s stock. Analyst Upgrades and Downgrades A number of equities research analysts have issued reports on the stock. TD Cowen decreased their target price on shares of Strategy from $400.00 to $260.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Monness Crespi & Hardt reiterated a “neutral” rating on shares of Strategy in a report on Tuesday, June 2nd. Mizuho reduced their price objective on Strategy from $265.00 to $213.00 and set an “outperform” rating for the company in a research report on Tuesday, July 7th. BTIG Research lowered their target price on Strategy from $350.00 to $250.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Finally, B. Riley Financial boosted their target price on Strategy from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $266.31. Get Our Latest Research Report on MSTR About Strategy (Free Report) Strategy, formerly known as MicroStrategy, Incorporated (NASDAQ: MSTR) is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure. Founded in 1989 by Michael J. Read More Five stocks we like better than Strategy 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 Receive News & Ratings for Strategy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategy and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINECalifornia Public Employees Retirement System Has $48.22 Million Holdings in Texas Pacific Land Corporation $TPL NEXT HEADLINE »California Public Employees Retirement System Sells 39,143 Shares of Darden Restaurants, Inc. $DRI |
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Bessemer Group Inc. Buys 2,389 Shares of Chubb Limited $CB | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Bessemer Group Inc. raised its position in shares of Chubb Limited (NYSE:CB – Free Report) by 16.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 16,639 shares of the financial services provider’s stock after purchasing an additional 2,389 shares during the quarter. Bessemer Group Inc.’s holdings in Chubb were worth $5,424,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or reduced their stakes in CB. CBIZ Investment Advisory Services LLC raised its stake in Chubb by 148.5% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 82 shares of the financial services provider’s stock worth $26,000 after buying an additional 49 shares during the last quarter. Frazier Financial Advisors LLC boosted its position in Chubb by 86.4% during the first quarter. Frazier Financial Advisors LLC now owns 82 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 38 shares during the last quarter. Merkkuri Wealth Advisors LLC bought a new position in shares of Chubb in the 1st quarter worth about $29,000. Laurel Wealth Advisors LLC bought a new position in shares of Chubb in the 4th quarter worth about $31,000. Finally, Ares Financial Consulting LLC acquired a new position in Chubb in the fourth quarter valued at approximately $32,000. Institutional investors own 83.81% of the company’s stock. Chubb Stock Performance NYSE CB opened at $352.75 on Tuesday. Chubb Limited has a 1 year low of $264.10 and a 1 year high of $365.29. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.28 and a quick ratio of 0.28. The firm has a market cap of $136.82 billion, a price-to-earnings ratio of 12.46, a PEG ratio of 1.82 and a beta of 0.40. The company has a fifty day moving average price of $332.98 and a 200-day moving average price of $326.03. Chubb (NYSE:CB – Get Free Report) last announced its earnings results on Tuesday, March 31st. The financial services provider reported $6.82 EPS for the quarter. Chubb had a net margin of 18.58% and a return on equity of 14.30%. The company had revenue of $14.93 billion during the quarter. As a group, equities research analysts predict that Chubb Limited will post 26.75 EPS for the current fiscal year. Chubb Increases Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 12th were given a dividend of $1.02 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. This is an increase from Chubb’s previous quarterly dividend of $0.97. Chubb’s payout ratio is 14.41%. Insider Activity at Chubb In other news, COO John W. Keogh sold 23,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $321.51, for a total value of $7,394,730.00. Following the transaction, the chief operating officer owned 203,322 shares in the company, valued at $65,370,056.22. The trade was a 10.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.37% of the stock is currently owned by corporate insiders. Analyst Upgrades and Downgrades A number of analysts recently commented on the company. JPMorgan Chase & Co. boosted their target price on Chubb from $340.00 to $370.00 and gave the company a “neutral” rating in a research report on Monday. Evercore reissued an “outperform” rating and issued a $374.00 price target on shares of Chubb in a research report on Friday, July 10th. Citizens Jmp upped their price objective on shares of Chubb from $365.00 to $400.00 and gave the stock a “market outperform” rating in a report on Friday, July 10th. Morgan Stanley lifted their price objective on shares of Chubb from $330.00 to $340.00 and gave the company an “equal weight” rating in a report on Monday, July 6th. Finally, HSBC lowered shares of Chubb from a “buy” rating to a “hold” rating and upped their target price for the stock from $370.00 to $373.00 in a report on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $359.09. Read Our Latest Stock Report on CB About Chubb (Free Report) Chubb is a global property and casualty insurance company that underwrites a broad range of commercial and personal insurance products and related services. Its offerings include commercial property and casualty coverage, specialty liability, professional and management liability, cyber and technology insurance, marine and energy, surety, accident and health solutions, and high-net-worth personal lines such as homeowners, auto and valuables protection. Chubb serves businesses, individuals and institutions with tailored underwriting and risk-transfer solutions across multiple industry sectors. In addition to core underwriting, Chubb provides risk engineering, loss control, claims management and risk consulting services intended to reduce loss severity and help clients manage exposures. See Also Five stocks we like better than Chubb 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 Receive News & Ratings for Chubb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chubb and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEGallagher Capital Advisors LLC Grows Stake in Meta Platforms, Inc. $META NEXT HEADLINE »D.A. Davidson & CO. Sells 3,214 Shares of Marriott International, Inc. $MAR |
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2026-07-21 08:06
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Watch These 3 Copper Stocks Amid Massive Global AI Data Center Boom | FMP Stock News | |
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Key Takeaways AI data center growth could sharply lift copper demand, benefiting major producers like FCX.SCCO is expanding projects in Peru and Mexico to support higher output over the next decade.BHP is increasing exposure to copper and potash while advancing technology and long-life growth projects. Copper prices started 2026 on a strong note, supported by demand from electric vehicles, renewable energy projects, data center growth and grid modernization. At present, data centers account for a mere 1% of global copper demand. However, the astonishing growth of the artificial intelligence (AI)-powered data centers could change the entire landscape dramatically in the near future. Copper is an essential component of the AI ecosystem including electrical wiring in data centers, power grids, transformers and transmission infrastructure. An AI-led data center consumes 10 times more copper than a conventional data center. The four major hyperscalers raised their AI capital expenditure budget to $750 billion for 2026. This figure is set to cross $1 trillion next year and is likely to rise further beyond 2027. Moody’s estimated more than $3 trillion in capital investment for AI data centers by these four giant hyperscalers in the next five years. At this stage, we have narrowed our search to three big copper producers for investment with a long term approach. The companies are: Freeport-McMoRan Inc. (FCX - Free Report) , Southern Copper Corp. (SCCO - Free Report) and BHP Group Ltd. (BHP - Free Report) . Each of these stocks currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. The chart below shows the price performance of the three above-mentioned stocks year to date. Image Source: Zacks Investment Research Freeport-McMoRan Inc.Freeport-McMoRan is conducting exploration activities near existing mines to expand reserves. It is expected to gain from progress in exploration activities that will boost production capacity. FCX is executing several smelter projects in Indonesia. FCX is also well-positioned to benefit from automotive electrification, which is a positive for copper, as electric vehicles are copper-intensive. The company's efforts to reduce debt are also encouraging. FCX’s solid financial health also bodes well. Freeport-McMoRan has an expected revenue and earnings growth rate of 9.5% and 51.4%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 7.6% in the last 30 days. Southern Copper Corp.Southern Copper’s investment case is strengthened by its industry-leading copper reserves, expanding project pipeline and favorable long-term demand for copper and key by-products. SCCO is advancing more than $20.5 billion of investments across Peru and Mexico, creating a visible path to higher production over the next decade. An expected grade recovery, continued progress at Tía María and a tight copper market support an optimistic outlook, with SCCO positioned to deliver sustained growth and attractive shareholder returns. Southern Copper has an expected revenue and earnings growth rate of 26.6% and 46.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 3.9% in the last 30 days. BHP Group Ltd.BHP Group remains a high-quality diversified miner with leadership in iron ore and growing leverage to copper and potash. Recent updates point to resilient iron ore volumes despite weather disruption, strong execution at Escondida and Copper South Australia, as well as progress on Jansen logistics ahead of production. BHP’s strategic shift toward future-facing commodities like copper and potash positions it well to benefit from global decarbonization and trends. Strong cash generation, efforts to lower debt and portfolio actions support funding flexibility. BHP’s technology partnerships in haulage, conveyors, copper leaching and renewable energy support efficiency, safety and decarbonization efforts. BHP’s low-cost iron ore base, an expanding copper pipeline and long-life Jansen potash project provide durable growth avenues. BHP Group has an expected revenue and earnings growth rate of 12.6% and 43.7%, respectively, for the current year (ending June 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 1.2% in the last 60 days. |
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Kroger: Buy This Defensive Dividend Grower While It's Undervalued | FMP Stock News | |
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Kroger is attractively valued at a forward P/E of 11.2, trading near the bottom of its 52-week range. KR's private label growth, digital expansion, and retail media initiatives drive earnings and customer loyalty amid competitive pressures. KR maintains a robust balance sheet, a 2.7% dividend yield, and aggressive share buybacks, supporting long-term shareholder returns. |
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Murray's Cave-Aged Cheeses Bring Home Six Medals at the 2026 American Cheese Society Awards | FMP Stock News | |
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, /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Murray's Cheese announced today that six cheeses from its renowned Cave Aged Cheese program received honors at the 2026 American Cheese Society (ACS) Judging & Competition Awards, one of the most respected and competitive accolades in American artisan cheese.Often referred to as the "Academy Awards of cheese," the annual ACS competition recognizes excellence in cheesemaking and affinage through rigorous technical and aesthetic evaluation by industry experts. This year's competition featured more than 1,300 entries from cheesemakers and affineurs across North America, with winners announced this week during the ACS Annual Conference in Louisville, Kentucky. Six of Murray's cave-aged cheeses, created in collaboration with distinguished cheesemakers and proprietarily aged in Murray's cheese caves, earned medals across a diverse range of categories: Double Doe: First Place, Washed Rind, Other Milks, Open Category Treeline: Second Place, Washed Rind, Cow Milk, Open Category Savage: Second Place, American Made International Style, Cow Milk Mini Greensward: Second Place, Cheeses Wrapped in Bark Stockinghall: Second Place, Clothbound Cheddar, Cow Milk, Aged Over 13 Months Carpenter's Wheel: Third Place, Goat's Milk Cheese, Aged Over 60 Days Several of the wins marked significant milestones for Murray's caves program, with Treeline, Savage and Mini Greensward earning medals in their first-ever appearances in competition. Double Doe returned to the podium with a first-place finish after previously taking home top honors in 2024. Three of the winners are available at Murray's Cheese kiosks inside Mariano's stores, part of a new program that launched this spring at 15 Marianos locations, marking the first time the unique small-batch collection has been available outside Murray's New York City retail shops. "These awards recognize the passion and expertise of our incredible team of cheese agers and our fantastic cheese making partners. " notes Nick Tranchina, President of Murrays Cheese. The awards underscore the success of Murray's distinctive approach to in-house cave aging, also known as affinage, a model rarely seen among American cheese and food retailers, and one that continues to uniquely position Murray's within the specialty food industry. "It was wonderful to see such a wide array of our Cave Age cheeses recognized at the awards. We are truly honored to be able to age and nurture cheeses from so many great American cheese makers. Partnership is key to the work that we do!" says Josh Windsor, Caves Manager and Affineur Murray's expert affinage team has operated state-of-the-art cheese caves in Long Island City, New York, aging and ripening cheeses from around the world while developing an innovative collection of proprietary cave-aged cheeses in collaboration with leading American creameries and small producers. Murray's works hand-in-hand with cheesemakers throughout the production and maturation process, creating a foundation for continuous experimentation, innovation and flavor development. The close collaboration between Murray's affineurs and their producer partners allows the team to develop new techniques, styles and flavor profiles, creating cheeses unlike anything else on the market. The result is a distinctive collection of cave-aged cheeses available exclusively through Murray's, many of which are produced in limited quantities and cannot be found anywhere else in the market. Together, the collection reflects Murray's commitment to redefining innovation in American cave-aged cheese while championing small producers and artisan cheesemakers across the country. The 2026 honors build on a strong recent history for Murray's at ACS, following 2025 wins for Cave Aged Reserve Barnstorm Blue, which earned Gold and a coveted Top 10 overall finish, and St. Marks, which received Silver in the soft-ripened category. The 2026 wins further establish Murray's as one of the country's leading authorities in affinage and reflect the company's ongoing commitment to pushing the boundaries of what American cave-aged cheese can become. Customers can try these amazing cheeses both in Kroger Family of Companies stores across the U.S. and online at www.kroger.com. About Murray's Cheese: Murray's Cheese is a New York City institution dedicated to the craft of exceptional cheese and artisanal food. Renowned for its meticulous curation, expert cheesemongers, and award-winning cave-aged cheeses matured in its Long Island City caves, Murray's has become a leading destination for specialty food lovers. The company operates two NYC retail shops, a kiosk in Grand Central Station, and a national ecommerce business, all rooted in a commitment to quality, tradition, and craftsmanship. Murray's also hosts expert-led tastings and educational events, while supplying many of the country's most acclaimed restaurants with thoughtfully sourced and expertly aged cheeses. Murray's joined the Kroger family in 2017 and their cheese kiosks and mongers guide customers through a joyful shopping experience within 1,200+ stores. throughout the country. Follow along at @murrayscheese and www.murrayscheese.com. About Kroger At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies more than 400,000 associates who serve over 11 million customers daily through an e-Commerce experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site. SOURCE The Kroger Co. |
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Business Insider Launches Standalone FAST Channel, Partners with Magnite's SpringServe for Next Phase of Streaming Growth | FMP Stock News | |
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NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced that Business Insider has selected its SpringServe video platform to power ad serving and programmatic monetization of the publisher’s standalone CTV channel.With a combined 38 million subscribers across its YouTube channels, Business Insider is a leading U.S. news publisher on the platform. This launch builds on that leadership, extending Business Insider's premium video offering across third-party platforms while deepening relationships with audiences and advertisers in the CTV ecosystem. Renowned for its engaging journalism and Emmy Award-winning documentaries, Business Insider is bringing its distinctive storytelling to a curated, always-on streaming experience available across leading connected TV platforms. Magnite’s SpringServe will serve as the core ad server and programmatic platform for Business Insider’s CTV offering, enabling seamless management of direct and programmatic demand. Magnite will also connect Business Insider with advertiser demand through its relationships with leading agencies and buyers, helping Business Insider unlock incremental revenue opportunities. “Business Insider has built a powerful video and documentary brand that resonates with audiences globally,” said Ryan Dadd, GM of Video at Business Insider. “As our streaming business matures, launching a FAST channel is a natural next step that gives us more control over how our content is experienced and how we partner with advertisers. Magnite provides the flexibility and operational efficiency we need to build our independent advertising infrastructure.” “By building its own CTV channel, Business Insider is taking greater ownership of its content distribution, viewer experience, and monetization strategy, while maintaining the scale and accessibility that fueled its success on platforms like YouTube,” said Chris Signore, Senior Vice President, Business Development at Magnite. “Magnite is providing the infrastructure to support that transition by combining robust ad serving, transparent programmatic access, and connections to high-quality demand. We’re excited to support Business Insider as it expands its presence in CTV.” About Magnite We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC. Media Contact: Charlstie Veith [email protected] Contact: Nick Kormeluk [email protected] Business Insider: Business Insider is a leading global news brand renowned for its coverage of business, technology, and innovation, helping millions of people get more out of their careers and lives through award-winning journalism. With 38 million subscribers across its YouTube channels, Business Insider has built one of the largest and most engaged digital video audiences in the news industry. Business Insider videos have also won Emmys, Murrows, Webbys, Loebs, and more. Business Insider has bureaus worldwide and is a subsidiary of Axel Springer SE. Media Contact: Ari Isaacman D'Angelo [email protected] |
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2026-07-21 03:53
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Gen Digital Inc. $GEN Holdings Raised by Fifth Third Bancorp | FMP Stock News | |
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Fifth Third Bancorp increased its stake in Gen Digital Inc. (NASDAQ:GEN – Free Report) by 1,246.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,004 shares of the company’s stock after purchasing an additional 150,894 shares during the quarter. Fifth Third Bancorp’s holdings in Gen Digital were worth $3,069,000 as of its most recent filing with the Securities and Exchange Commission.Several other institutional investors and hedge funds have also recently bought and sold shares of GEN. Vanguard Group Inc. lifted its holdings in shares of Gen Digital by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 73,310,110 shares of the company’s stock valued at $1,993,302,000 after purchasing an additional 1,096,313 shares in the last quarter. State Street Corp boosted its position in shares of Gen Digital by 3.4% in the third quarter. State Street Corp now owns 30,558,806 shares of the company’s stock worth $867,565,000 after buying an additional 1,015,755 shares during the period. Ameriprise Financial Inc. grew its holdings in shares of Gen Digital by 6.7% during the second quarter. Ameriprise Financial Inc. now owns 22,473,917 shares of the company’s stock valued at $660,730,000 after buying an additional 1,406,869 shares in the last quarter. First Trust Advisors LP raised its position in Gen Digital by 22.3% during the fourth quarter. First Trust Advisors LP now owns 19,941,546 shares of the company’s stock valued at $542,211,000 after buying an additional 3,640,451 shares during the period. Finally, Boston Partners raised its position in Gen Digital by 14.3% during the fourth quarter. Boston Partners now owns 15,644,289 shares of the company’s stock valued at $425,336,000 after buying an additional 1,954,712 shares during the period. Institutional investors and hedge funds own 81.38% of the company’s stock. Analyst Ratings Changes A number of equities research analysts have commented on GEN shares. Argus upgraded Gen Digital to a “strong-buy” rating in a research report on Friday, May 22nd. Barclays upped their target price on Gen Digital from $26.00 to $27.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Jefferies Financial Group cut shares of Gen Digital from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings raised shares of Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, July 15th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $27.00 price objective on shares of Gen Digital in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Gen Digital has an average rating of “Hold” and an average target price of $29.33. View Our Latest Analysis on GEN Insider Activity at Gen Digital In other Gen Digital news, Director Ondrej Vlcek sold 100,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $24.78, for a total transaction of $2,478,000.00. Following the transaction, the director owned 3,832,724 shares in the company, valued at $94,974,900.72. This trade represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John C. Chrystal acquired 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were purchased at an average cost of $27.06 per share, with a total value of $81,180.00. Following the completion of the acquisition, the director owned 31,419 shares in the company, valued at $850,198.14. This trade represents a 10.56% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 9.30% of the company’s stock. Gen Digital Trading Down 0.3% Shares of NASDAQ GEN opened at $26.67 on Tuesday. The business has a 50 day simple moving average of $25.14 and a 200 day simple moving average of $23.24. Gen Digital Inc. has a 52 week low of $17.78 and a 52 week high of $32.22. The stock has a market cap of $16.07 billion, a price-to-earnings ratio of 16.88 and a beta of 1.21. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.40 and a current ratio of 0.40. Gen Digital (NASDAQ:GEN – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.02. The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.25 billion. Gen Digital had a net margin of 19.46% and a return on equity of 55.47%. The company’s revenue for the quarter was up 27.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 earnings per share. Gen Digital has set its Q1 2027 guidance at 0.680-0.700 EPS and its FY 2027 guidance at 2.850-2.950 EPS. On average, research analysts predict that Gen Digital Inc. will post 2.59 earnings per share for the current fiscal year. Gen Digital Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Monday, May 18th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $0.50 dividend on an annualized basis and a yield of 1.9%. Gen Digital’s dividend payout ratio is presently 31.65%. Gen Digital Profile (Free Report) Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services. Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name. Featured Articles Five stocks we like better than Gen Digital 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 Receive News & Ratings for Gen Digital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gen Digital and related companies with MarketBeat.com's FREE daily email newsletter. |
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The Sherwin-Williams Company $SHW Shares Sold by Bessemer Group Inc. | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Bessemer Group Inc. cut its position in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 97.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 16,519 shares of the specialty chemicals company’s stock after selling 592,553 shares during the quarter. Bessemer Group Inc.’s holdings in Sherwin-Williams were worth $5,297,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors also recently modified their holdings of SHW. Norges Bank bought a new position in Sherwin-Williams during the fourth quarter valued at about $1,089,450,000. Viking Global Investors LP raised its position in Sherwin-Williams by 101.4% in the second quarter. Viking Global Investors LP now owns 1,957,750 shares of the specialty chemicals company’s stock worth $672,213,000 after acquiring an additional 985,520 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in Sherwin-Williams by 53,827.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 662,225 shares of the specialty chemicals company’s stock valued at $214,581,000 after acquiring an additional 660,997 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Sherwin-Williams by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 23,237,824 shares of the specialty chemicals company’s stock valued at $7,529,752,000 after acquiring an additional 600,119 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Sherwin-Williams by 34.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,023,949 shares of the specialty chemicals company’s stock valued at $655,820,000 after purchasing an additional 513,126 shares in the last quarter. Institutional investors own 77.67% of the company’s stock. Wall Street Analysts Forecast Growth Several analysts recently commented on SHW shares. Weiss Ratings lowered shares of Sherwin-Williams from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. JPMorgan Chase & Co. dropped their price target on Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Zacks Research upgraded Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 31st. UBS Group lowered Sherwin-Williams from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $374.38. View Our Latest Analysis on SHW Sherwin-Williams Stock Down 2.2% SHW stock opened at $323.98 on Tuesday. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The firm has a market capitalization of $79.91 billion, a P/E ratio of 31.09, a P/E/G ratio of 2.86 and a beta of 1.10. The Sherwin-Williams Company has a 52-week low of $289.86 and a 52-week high of $379.65. The company’s 50 day simple moving average is $319.95 and its 200-day simple moving average is $332.52. Sherwin-Williams (NYSE:SHW – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period in the previous year, the company posted $2.25 EPS. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts anticipate that The Sherwin-Williams Company will post 11.78 EPS for the current year. Sherwin-Williams Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were given a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 22nd. Sherwin-Williams’s payout ratio is presently 30.71%. Sherwin-Williams Profile (Free Report) Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers. The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers. Further Reading Five stocks we like better than Sherwin-Williams 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 Receive News & Ratings for Sherwin-Williams Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sherwin-Williams and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBank of New York Mellon Corp Buys 24,747 Shares of Jackson Financial Inc. $JXN NEXT HEADLINE »Gallagher Capital Advisors LLC Grows Stake in Meta Platforms, Inc. $META |
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Cloudflare, Inc. $NET Shares Sold by Amova Asset Management Americas Inc. | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Amova Asset Management Americas Inc. cut its holdings in shares of Cloudflare, Inc. (NYSE:NET – Free Report) by 7.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 419,086 shares of the company’s stock after selling 33,017 shares during the period. Cloudflare comprises about 1.2% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 28th biggest position. Amova Asset Management Americas Inc. owned about 0.12% of Cloudflare worth $86,474,000 at the end of the most recent quarter. Several other hedge funds have also made changes to their positions in NET. Empowered Funds LLC boosted its stake in shares of Cloudflare by 34.2% in the first quarter. Empowered Funds LLC now owns 6,656 shares of the company’s stock valued at $750,000 after purchasing an additional 1,696 shares during the period. Sivia Capital Partners LLC purchased a new stake in Cloudflare during the 2nd quarter worth approximately $424,000. Cerity Partners LLC increased its stake in Cloudflare by 30.1% during the 2nd quarter. Cerity Partners LLC now owns 27,531 shares of the company’s stock worth $5,391,000 after buying an additional 6,363 shares during the period. Sei Investments Co. lifted its holdings in Cloudflare by 40.1% during the 2nd quarter. Sei Investments Co. now owns 329,036 shares of the company’s stock worth $64,432,000 after buying an additional 94,112 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Cloudflare by 14.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,461 shares of the company’s stock valued at $3,224,000 after buying an additional 2,093 shares during the period. Institutional investors and hedge funds own 82.68% of the company’s stock. Cloudflare Trading Down 1.9% NYSE:NET opened at $272.27 on Tuesday. Cloudflare, Inc. has a 1 year low of $158.83 and a 1 year high of $291.00. The stock has a market cap of $96.24 billion, a P/E ratio of -1,089.08, a P/E/G ratio of 283.00 and a beta of 1.67. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96. The stock has a 50-day simple moving average of $237.94 and a 200-day simple moving average of $210.52. Cloudflare (NYSE:NET – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $639.75 million for the quarter, compared to analyst estimates of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The business’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter last year, the company earned $0.16 EPS. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. As a group, analysts anticipate that Cloudflare, Inc. will post 0.02 earnings per share for the current fiscal year. Insider Activity at Cloudflare In related news, Director Carl Ledbetter sold 5,000 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $268.11, for a total value of $1,340,550.00. Following the transaction, the director directly owned 888,073 shares of the company’s stock, valued at $238,101,252.03. This trade represents a 0.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,383 shares of Cloudflare stock in a transaction on Monday, July 6th. The stock was sold at an average price of $247.28, for a total transaction of $12,953,268.24. 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 590,544 shares of company stock valued at $132,719,009 in the last quarter. Company insiders own 10.66% of the company’s stock. Analysts Set New Price Targets NET has been the subject of several research reports. Guggenheim restated a “sell” rating and issued a $140.00 price target on shares of Cloudflare in a research note on Wednesday, June 10th. Morgan Stanley increased their price objective on Cloudflare from $305.00 to $322.00 and gave the company an “overweight” rating in a research note on Friday. The Goldman Sachs Group lowered Cloudflare from a “buy” rating to a “sell” rating in a report on Wednesday, April 15th. Susquehanna boosted their target price on Cloudflare from $190.00 to $200.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Finally, UBS Group upped their price target on Cloudflare from $220.00 to $250.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Cloudflare presently has an average rating of “Moderate Buy” and a consensus price target of $256.74. Get Our Latest Report on NET Cloudflare Company Profile (Free Report) Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack. In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms. Featured Articles Five stocks we like better than Cloudflare 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 Receive News & Ratings for Cloudflare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudflare and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEBessemer Group Inc. Buys 415,437 Shares of ExxonMobil Corporation $XOM NEXT HEADLINE »D.A. Davidson & CO. Makes New $2.55 Million Investment in iShares Latin America 40 ETF $ILF |
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Baader Bank Aktiengesellschaft Makes New Investment in Cloudflare, Inc. $NET | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Baader Bank Aktiengesellschaft purchased a new position in shares of Cloudflare, Inc. (NYSE:NET – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,400 shares of the company’s stock, valued at approximately $1,911,000. Several other hedge funds also recently modified their holdings of the business. Lingotto Investment Management LLP bought a new position in shares of Cloudflare in the 4th quarter valued at $34,626,000. Trek Financial LLC acquired a new position in shares of Cloudflare during the 4th quarter worth $1,793,000. Jupiter Asset Management Ltd. lifted its position in shares of Cloudflare by 1,984.7% during the 4th quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock worth $38,979,000 after buying an additional 188,226 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Cloudflare by 25.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock worth $323,259,000 after buying an additional 336,768 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in shares of Cloudflare by 17.6% in the first quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock worth $284,900,000 after acquiring an additional 206,506 shares during the last quarter. 82.68% of the stock is owned by institutional investors. Analyst Upgrades and Downgrades NET has been the topic of several research reports. Guggenheim reaffirmed a “sell” rating and set a $140.00 price target on shares of Cloudflare in a report on Wednesday, June 10th. Piper Sandler restated an “overweight” rating on shares of Cloudflare in a research report on Wednesday, June 10th. Citigroup restated a “market outperform” rating on shares of Cloudflare in a research report on Monday. Truist Financial upped their target price on Cloudflare from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Finally, Barclays increased their target price on Cloudflare from $250.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $256.74. View Our Latest Stock Report on NET Cloudflare Trading Down 1.9% NYSE NET opened at $272.27 on Tuesday. The firm has a market capitalization of $96.24 billion, a PE ratio of -1,089.08, a price-to-earnings-growth ratio of 283.00 and a beta of 1.67. The business’s 50-day moving average price is $237.94 and its two-hundred day moving average price is $210.52. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29. Cloudflare, Inc. has a 12 month low of $158.83 and a 12 month high of $291.00. Cloudflare (NYSE:NET – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The company had revenue of $639.75 million during the quarter, compared to the consensus estimate of $620.83 million. During the same period last year, the company earned $0.16 earnings per share. The firm’s revenue was up 33.5% compared to the same quarter last year. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. On average, analysts expect that Cloudflare, Inc. will post 0.02 EPS for the current year. Insider Activity In related news, insider Michelle Zatlyn sold 35,080 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $213.98, for a total transaction of $7,506,418.40. Following the completion of the sale, the insider owned 47,425 shares of the company’s stock, valued at $10,148,001.50. This trade represents a 42.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,422 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $249.09, for a total value of $13,057,795.98. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 590,544 shares of company stock valued at $132,719,009. Corporate insiders own 10.66% of the company’s stock. Cloudflare Profile (Free Report) Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack. In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms. Featured Articles Five stocks we like better than Cloudflare 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 Receive News & Ratings for Cloudflare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudflare and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAssetmark Inc. Sells 11,032 Shares of Cisco Systems, Inc. $CSCO NEXT HEADLINE »Baader Bank Aktiengesellschaft Acquires Shares of 1,407 Comfort Systems USA, Inc. $FIX |
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Intel's foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips | FMP Stock News | |
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While Intel continues to pursue a marquee customer for its foundry services, the chipmaker has landed a notable client from the cybersecurity space.Fortinet will use Intel's foundry to produce its next-generation security chip, the two companies announced Tuesday, marking a win for Intel CEO Lip-Bu Tan, who took over the company in March 2025. Fortinet's chip, SP6, will be manufactured on the Intel 4 process, an Intel representative told CNBC. Intel said in a filing in April that it's still trying to secure a "significant" customer for the company's most advanced manufacturing technology, as it tries to justify the large capital expenditures needed to build factories in the U.S. and overseas. The company's leading processes designed to manufacture computer processors are known as 14A and 18A. Intel 4 is older manufacturing technology that's less advanced and was established for simpler chips called ASICs for networking. Tan told CNBC's Jim Cramer in May that "multiple customers" were working with Intel's foundry, but he also said that it's his personal policy not to disclose their names. A major customer announcement would increase confidence among chip designers and investors that Intel is capable of building the most advanced chips in large quantities. So far, Intel's biggest confirmed customer for its foundry is itself. The U.S. government is also using the foundry to make chips for defense. Under Pat Gelsinger, Intel's previous CEO, Microsoft announced a partnership with the chipmaker to manufacture an unspecified processor in 2024, and Amazon said later that year it would use Intel to build a custom artificial intelligence chip, but those announcements were for relatively low-volume chips. In April, Intel said it would help design an ASIC with Google that it calls an infrastructure processing unit. Intel is also helping Elon Musk's Tesla and SpaceX build a chip factory called Terafab. And President Donald Trump said in June that Apple would use Intel to manufacture chips in the U.S., but neither company has officially confirmed a deal. The U.S. government took a 10% stake in Intel in August, sparking a rally that's lifted the chipmaker's stock price by more than 300% in the past year. Intel is scheduled to report second-quarter results on Thursday after the bell. Fortinet doesn't have the name recognition of Apple, Tesla or any of the hyperscalers, but it's operating in a hot market due to the heightened demand for advanced security in a world increasingly dominated by AI. Fortinet's stock price has more than doubled this year, and the company said on its last earnings call in May that it would keep in investing in its ASIC technology. watch now |
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Microsoft investuje miliardy dolarů do infrastruktury francouzského Mistralu | Patria Stock News | |
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Americká technologická společnost Microsoft investuje miliardy dolarů do evropské výpočetní infrastruktury francouzského start-upu Mistral AI, který se zabývá generativní umělou inteligencí (AI). Vyplývá to z dohody mezi oběma společnostmi, kterou Microsoft oznámil v dnešní tiskové zprávě.Mistral patří mezi hlavní evropské hráče v oblasti AI, tržby podniku nicméně nadále zaostávají za americkými konkurenty, jako je OpenAI nebo Anthropic. Stejně ostatní firmy v sektoru ani Mistral aktuálně nehospodaří se ziskem. Dohoda podle agentury Reuters podtrhuje rostoucí zájem v Evropě i jinde o snížení závislosti na amerických technologiích, aby ostatní země mohly mít větší slovo v budoucí podobě své společnosti a ekonomiky. Může také pomoci Microsoftu uspokojit rostoucí poptávku po takzvaných otevřených modelech. Nová dohoda počítá s tím, že Mistral rozšíří svou evropskou výpočetní infrastrukturu o tisíce nejnovějších grafických procesorů Nvidia Vera Rubin. Microsoft bude část této kapacity využívat pro poskytování svých cloudových služeb nebo své AI. "Evropa by měla mít přístup k nejvyspělejší umělé inteligenci na světě, aniž by musela dělat kompromisy v oblasti kontroly nad svými daty, provozem nebo digitální budoucností," uvedl prezident Microsoftu Brad Smith. Generální ředitel Mistralu Arthur Mensch k tomu dodal, že cílem firmy je zpřístupnit špičkovou AI organizacím při zachování kontroly nad technologiemi. "S Microsoftem jako partnerem se naše modely dostanou k podnikům i veřejným institucím v globálním měřítku," řekl Mensch. Součástí rozšířené spolupráce bude také začlenění nejnovějších modelů Mistralu do platforem Microsoft Foundry a Copilot Studio. Zákazníci budou moci tyto modely provozovat jak ve veřejném cloudu Azure, tak v lokálních či zcela odpojených prostředích, což má usnadnit jejich využití v regulovaných odvětvích, jako je zdravotnictví, finanční služby nebo kritická infrastruktura. Ačkoli tlak na takzvanou suverénní AI trvá už několik let, červnové rozhodnutí Spojených států pozastavit přístup zahraničních uživatelů ke dvěma pokročilým modelům od společnosti Anthropic učinilo z technologické nezávislosti v Evropě naléhavější otázku, uvedl Reuters. Smith a Mensch ve společném rozhovoru s touto agenturou uvedli, že cílem partnerství je zajistit takovou suverenitu a zároveň umožnit přístup k americkému softwaru a bezpečnostním funkcím. |
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Halliburton Earnings Beat Estimates. Why the Stock Is Falling. | FMP Stock News | |
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Halliburton stock declines after the oilfield services company posts slightly better-than-expected earnings but sees the war in the Middle East take its toll on business. |
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Halliburton Profit Climbs on Higher Revenue | FMP Stock News | |
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Halliburton logged higher earnings and revenue in the second quarter thanks to gains in both its North American and overseas markets. |
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Halliburton (HAL) Surpasses Q2 Earnings and Revenue Estimates | FMP Stock News | |
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Halliburton (HAL - Free Report) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.85%. A quarter ago, it was expected that this provider of drilling services to oil and gas operators would post earnings of $0.49 per share when it actually produced earnings of $0.55, delivering a surprise of +12.24%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Halliburton, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $5.71 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.19%. This compares to year-ago revenues of $5.51 billion. The company has topped consensus revenue estimates four 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. Halliburton shares have added about 24.2% since the beginning of the year versus the S&P 500's gain of 8.7%. What's Next for Halliburton?While Halliburton has outperformed 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 Halliburton was mixed. 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 #3 (Hold) for the stock. So, the shares are expected to perform in line with 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 $0.60 on $5.66 billion in revenues for the coming quarter and $2.36 on $22.25 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, Oil and Gas - Field Services is currently in the bottom 36% 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, Drilling Tools International Corp. (DTI - Free Report) , has yet to report results for the quarter ended June 2026. This company is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents a year-over-year change of -100%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Drilling Tools International Corp.'s revenues are expected to be $38.01 million, down 3.6% from the year-ago quarter. |
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Ecolab Inc. $ECL Shares Sold by Andra AP fonden | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Andra AP fonden trimmed its stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 3.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,845 shares of the basic materials company’s stock after selling 3,155 shares during the quarter. Andra AP fonden’s holdings in Ecolab were worth $26,295,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wexford Capital LP bought a new position in Ecolab during the 3rd quarter worth approximately $25,000. JPL Wealth Management LLC bought a new stake in shares of Ecolab in the 3rd quarter valued at approximately $26,000. Costello Asset Management INC acquired a new stake in shares of Ecolab during the 1st quarter valued at approximately $27,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Ecolab during the 4th quarter valued at approximately $27,000. Finally, Meeder Asset Management Inc. bought a new position in Ecolab during the fourth quarter worth $29,000. Institutional investors own 74.91% of the company’s stock. Insider Buying and Selling In related news, Director Suzanne M. Vautrinot sold 1,004 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $264.98, for a total transaction of $266,039.92. Following the sale, the director owned 11,651 shares of the company’s stock, valued at $3,087,281.98. The trade was a 7.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Darrell R. Brown sold 10,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total value of $2,608,900.00. Following the transaction, the chief operating officer directly owned 32,733 shares of the company’s stock, valued at approximately $8,539,712.37. The trade was a 23.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders acquired 10,550 shares of company stock worth $2,719,508. Company insiders own 0.50% of the company’s stock. Analyst Upgrades and Downgrades Several analysts have weighed in on the stock. UBS Group upgraded shares of Ecolab from a “neutral” rating to a “buy” rating and boosted their target price for the company from $293.00 to $325.00 in a research note on Wednesday, May 27th. Jefferies Financial Group reduced their price target on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Wells Fargo & Company boosted their price objective on shares of Ecolab from $260.00 to $275.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 10th. Oppenheimer upgraded shares of Ecolab from a “market perform” rating to an “outperform” rating and set a $320.00 price objective on the stock in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $324.06. Read Our Latest Stock Analysis on Ecolab Ecolab Trading Down 1.8% Shares of NYSE:ECL opened at $268.02 on Tuesday. The company has a market cap of $75.43 billion, a PE ratio of 36.27, a P/E/G ratio of 2.39 and a beta of 0.89. The company’s 50-day moving average price is $265.31 and its 200 day moving average price is $273.11. Ecolab Inc. has a fifty-two week low of $243.15 and a fifty-two week high of $309.27. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 0.69. Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The basic materials company reported $1.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.70. Ecolab had a return on equity of 22.64% and a net margin of 12.80%.The company had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $4.03 billion. During the same quarter in the previous year, the company posted $1.50 earnings per share. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. Sell-side analysts anticipate that Ecolab Inc. will post 8.13 earnings per share for the current year. Ecolab Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were paid a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 16th. Ecolab’s dividend payout ratio is currently 39.51%. About Ecolab (Free Report) Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training. Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities. Recommended Stories Five stocks we like better than Ecolab 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 ECL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ecolab Inc. (NYSE:ECL – Free Report). Receive News & Ratings for Ecolab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecolab and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAndar Capital Management HK Ltd Sells 27,638 Shares of Advanced Micro Devices, Inc. $AMD |
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2026-07-21 04:03
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Bank of New York Mellon Corp Reduces Stock Holdings in Expeditors International of Washington, Inc. $EXPD | FMP Stock News | |
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Posted by Defense World Staff on Jul 21st, 2026Bank of New York Mellon Corp decreased its position in shares of Expeditors International of Washington, Inc. (NASDAQ:EXPD – Free Report) by 3.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 679,203 shares of the transportation company’s stock after selling 26,712 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.51% of Expeditors International of Washington worth $97,282,000 as of its most recent filing with the SEC. A number of other large investors have also recently made changes to their positions in EXPD. Elyxium Wealth LLC acquired a new stake in shares of Expeditors International of Washington during the fourth quarter worth about $28,000. DV Equities LLC acquired a new position in Expeditors International of Washington in the 4th quarter valued at about $28,000. Nalls Sherbakoff Group LLC acquired a new position in Expeditors International of Washington in the 4th quarter valued at about $30,000. Bard Associates Inc. purchased a new stake in Expeditors International of Washington during the 4th quarter valued at approximately $32,000. Finally, Geneos Wealth Management Inc. raised its stake in Expeditors International of Washington by 132.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 230 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 131 shares during the last quarter. 94.02% of the stock is owned by institutional investors and hedge funds. Expeditors International of Washington Trading Down 3.1% Shares of EXPD stock opened at $177.12 on Tuesday. The company has a market capitalization of $23.17 billion, a price-to-earnings ratio of 30.97, a PEG ratio of 5.00 and a beta of 1.04. The firm has a 50-day moving average price of $163.70 and a 200 day moving average price of $155.32. Expeditors International of Washington, Inc. has a twelve month low of $110.48 and a twelve month high of $183.52. Expeditors International of Washington (NASDAQ:EXPD – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The transportation company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.38. Expeditors International of Washington had a net margin of 7.64% and a return on equity of 36.16%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.47 EPS. As a group, research analysts predict that Expeditors International of Washington, Inc. will post 5.39 earnings per share for the current year. Expeditors International of Washington Dividend Announcement The business also recently disclosed a dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.81 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a dividend yield of 101.0%. Expeditors International of Washington’s payout ratio is currently 26.21%. Wall Street Analysts Forecast Growth A number of research analysts have recently issued reports on EXPD shares. UBS Group boosted their target price on Expeditors International of Washington from $175.00 to $191.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Stephens raised Expeditors International of Washington to a “strong-buy” rating in a report on Wednesday, July 8th. Susquehanna raised their target price on shares of Expeditors International of Washington from $142.00 to $156.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Barclays raised their price objective on shares of Expeditors International of Washington from $135.00 to $150.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Finally, Zacks Research upgraded Expeditors International of Washington from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $148.56. Get Our Latest Stock Report on Expeditors International of Washington Expeditors International of Washington Company Profile (Free Report) Expeditors International of Washington is a global logistics and freight forwarding company headquartered in Seattle, Washington. The firm specializes in providing tailored supply chain solutions that encompass air, ocean and ground transportation. Through an integrated service model, Expeditors coordinates and manages the movement of goods for a diverse customer base, including manufacturers, retailers and technology companies. The company’s core offerings include customs brokerage, cargo insurance, distribution and warehousing services, as well as vendor consolidation and inventory management. Featured Stories Five stocks we like better than Expeditors International of Washington 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 EXPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Expeditors International of Washington, Inc. (NASDAQ:EXPD – Free Report). 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2026-07-21 13:42
20d ago
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2026-07-21 07:50
20d ago
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LCID UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds Lucid Group (LCID) Investors of Securities Class Action Lawsuit Deadline on July 28, 2026 | FMP Stock News | |
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Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Lucid Group To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Lucid Group between February 25, 2026 and April 13, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - July 21, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lucid Group, Inc. ("Lucid Group" or the "Company") (NASDAQ: LCID) and reminds investors of the July 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (3) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Lucid Group's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Lucid Group class action, go to www.faruqilaw.com/LCID or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Frequently Asked Questions (FAQ) for Investors Regarding the Lucid Group, Inc. Securities Class Action Lawsuit: What is the Lucid Group securities fraud lawsuit about? The Lucid Group securities fraud lawsuit is a federal securities class action alleging that Lucid Group, Inc. (NASDAQ: LCID) and its executives made false and misleading statements to investors by concealing that a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity SUV and overstating the Company's manufacturing and delivery capabilities. As the truth emerged through a series of disclosures — including an April 3, 2026 announcement that only 3,093 vehicles were delivered in Q1 2026 due to a 29-day delivery disruption caused by a supplier seat defect, an April 14, 2026 filing revealing Q1 revenue of just $280–$284 million against a consensus estimate of $433.8 million and a $1.05 billion capital raise, and a May 5, 2026 earnings report showing a net loss of over $1 billion and GAAP EPS of -$3.46 — LCID's stock price fell sharply across multiple trading sessions, causing significant losses for investors. Who may be eligible to participate in the Lucid Group class action lawsuit? Investors who purchased or acquired Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Lucid Group securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Lucid Group employees, and others with relevant information about the Company's conduct are also encouraged to come forward. What is a lead plaintiff, and how can I seek appointment in the Lucid Group lawsuit? A lead plaintiff in the Lucid Group class action is a court-appointed investor — typically the one with the largest financial interest in the case — who directs and oversees the litigation on behalf of all class members. Any Lucid Group investor who purchased LCID stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 28, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class. What should investors do if they purchased Lucid Group stock during the Class Period? Investors who purchased Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Lucid Group securities class action is July 28, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/LCID for more information. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305842 Source: Faruqi & Faruqi LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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