California Public Employees Retirement System lessened its stake in shares of Darden Restaurants, Inc. (NYSE:DRI – Free Report) by 13.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 248,100 shares of the restaurant operator’s stock after selling 39,143 shares during the quarter. California Public Employees Retirement System owned about 0.22% of Darden Restaurants worth $48,638,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of DRI. Torren Management LLC bought a new position in shares of Darden Restaurants in the fourth quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in Darden Restaurants by 926.7% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 154 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 139 shares in the last quarter. Union Savings Bank bought a new stake in Darden Restaurants during the 4th quarter worth approximately $28,000. BOK Financial Private Wealth Inc. bought a new stake in Darden Restaurants during the 4th quarter worth approximately $29,000. Finally, DV Equities LLC purchased a new stake in Darden Restaurants in the 4th quarter worth approximately $30,000. 93.64% of the stock is currently owned by institutional investors.
Insider Buying and Selling In related news, SVP Susan M. Connelly sold 9,930 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $206.21, for a total transaction of $2,047,665.30. Following the completion of the sale, the senior vice president directly owned 4,165 shares in the company, valued at $858,864.65. This represents a 70.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.49% of the stock is owned by corporate insiders.
Darden Restaurants Stock Down 1.9% DRI opened at $194.77 on Tuesday. Darden Restaurants, Inc. has a 12 month low of $169.00 and a 12 month high of $220.65. The company has a current ratio of 0.31, a quick ratio of 0.21 and a debt-to-equity ratio of 0.74. The business’s 50-day moving average price is $202.86 and its 200-day moving average price is $202.80. The company has a market cap of $22.31 billion, a P/E ratio of 18.76, a P/E/G ratio of 1.98 and a beta of 0.60.
Darden Restaurants (NYSE:DRI – Get Free Report) last announced its quarterly earnings data on Thursday, June 25th. The restaurant operator reported $3.66 earnings per share for the quarter, beating the consensus estimate of $3.63 by $0.03. The firm had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.73 billion. Darden Restaurants had a return on equity of 57.44% and a net margin of 9.13%.The business’s revenue was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.98 earnings per share. Darden Restaurants has set its FY 2027 guidance at 11.100-11.350 EPS. On average, equities analysts expect that Darden Restaurants, Inc. will post 11.28 EPS for the current year.
Darden Restaurants Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a $1.62 dividend. The ex-dividend date of this dividend is Friday, July 10th. This is a positive change from Darden Restaurants’s previous quarterly dividend of $1.50. This represents a $6.48 annualized dividend and a dividend yield of 3.3%. Darden Restaurants’s payout ratio is presently 62.43%.
Analyst Upgrades and Downgrades A number of research firms have recently commented on DRI. Robert W. Baird boosted their price target on shares of Darden Restaurants from $210.00 to $220.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. Guggenheim increased their price objective on Darden Restaurants from $230.00 to $235.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on Darden Restaurants from $230.00 to $236.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Stephens boosted their target price on Darden Restaurants from $210.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Friday, June 26th. Finally, Evercore lowered Darden Restaurants from an “outperform” rating to an “in-line” rating and set a $230.00 target price on the stock. in a research note on Tuesday, June 23rd. Seventeen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $228.88.
Get Our Latest Analysis on DRI
Darden Restaurants Profile (Free Report)
Darden Restaurants, Inc is a multi-brand, full-service restaurant company headquartered in Orlando, Florida. The company owns and operates a portfolio of casual and fine-dining concepts that together serve millions of guests through company-owned and franchised locations. Its well-known brands include Olive Garden and LongHorn Steakhouse, alongside other dining concepts that span Italian, American, steakhouse and upscale casual formats.
Darden’s restaurants provide a range of guest-facing services including dine-in, takeout, delivery and catering, and feature menus tailored to each brand’s positioning—Italian-American fare at Olive Garden, steaks and grilled items at LongHorn, and more premium steakhouse and chef-driven offerings at its upscale concepts.
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MARLBOROUGH, Mass., July 21, 2026 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (Nasdaq: IPGP) will release its second quarter 2026 financial results before the market opens on Tuesday, August 4, 2026. The Company will hold a conference call to review these results at 10:00 a.m. ET on the same day. To access the call, please dial 877-407-6184 in the United States or 201-389-0877 internationally. A live webcast of the call will also be available and archived in the investor relations section of the Company’s website at investor.ipgphotonics.com.
About IPG Photonics Corporation
Innovation is at the heart of IPG Photonics. As a global leader in laser technology, we apply light to transform the world. From manufacturing to medical and beyond, our breakthrough laser solutions power our customers’ success and expand what's possible. Discover more at www.ipgphotonics.com.
Bank of New York Mellon Corp lowered its holdings in shares of Tenet Healthcare Corporation (NYSE:THC – Free Report) by 6.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 606,242 shares of the company’s stock after selling 40,155 shares during the period. Bank of New York Mellon Corp owned approximately 0.69% of Tenet Healthcare worth $114,404,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in THC. Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of Tenet Healthcare by 11.4% during the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 43,050 shares of the company’s stock valued at $8,124,000 after acquiring an additional 4,400 shares in the last quarter. Sanctuary Advisors LLC grew its position in Tenet Healthcare by 0.5% in the 1st quarter. Sanctuary Advisors LLC now owns 11,900 shares of the company’s stock valued at $2,246,000 after purchasing an additional 57 shares during the period. Hillsdale Investment Management Inc. increased its stake in Tenet Healthcare by 3.3% during the 1st quarter. Hillsdale Investment Management Inc. now owns 28,390 shares of the company’s stock valued at $5,357,000 after purchasing an additional 900 shares in the last quarter. Archer Investment Corp bought a new position in shares of Tenet Healthcare in the first quarter valued at $113,000. Finally, State of Michigan Retirement System grew its holdings in shares of Tenet Healthcare by 1.9% during the first quarter. State of Michigan Retirement System now owns 21,193 shares of the company’s stock valued at $3,999,000 after buying an additional 400 shares during the last quarter. 95.44% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of research firms recently weighed in on THC. TD Cowen dropped their price target on shares of Tenet Healthcare from $242.00 to $233.00 and set a “buy” rating on the stock in a research report on Monday, June 22nd. Barclays increased their price objective on shares of Tenet Healthcare from $238.00 to $240.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Royal Bank Of Canada reduced their target price on Tenet Healthcare from $277.00 to $236.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Stephens dropped their price target on Tenet Healthcare from $275.00 to $260.00 and set an “overweight” rating on the stock in a report on Monday, May 4th. Finally, KeyCorp reduced their price objective on Tenet Healthcare from $250.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Eighteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $244.84.
Get Our Latest Report on Tenet Healthcare
Tenet Healthcare Stock Down 0.2% THC opened at $194.43 on Tuesday. The company has a 50 day moving average of $184.41 and a 200 day moving average of $197.41. The company has a current ratio of 1.36, a quick ratio of 1.30 and a debt-to-equity ratio of 1.96. Tenet Healthcare Corporation has a 12 month low of $146.60 and a 12 month high of $247.21. The company has a market cap of $16.75 billion, a PE ratio of 10.11, a price-to-earnings-growth ratio of 1.61 and a beta of 1.27.
Tenet Healthcare (NYSE:THC – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $4.82 EPS for the quarter, topping the consensus estimate of $4.21 by $0.61. Tenet Healthcare had a return on equity of 25.55% and a net margin of 7.94%.The business had revenue of $5.37 billion during the quarter, compared to the consensus estimate of $5.39 billion. During the same quarter last year, the company earned $4.36 EPS. The firm’s revenue was up 2.6% compared to the same quarter last year. Tenet Healthcare has set its FY 2026 guidance at 16.380-18.68 EPS. On average, sell-side analysts expect that Tenet Healthcare Corporation will post 17.5 EPS for the current year.
Insider Buying and Selling at Tenet Healthcare In other news, Director Nadja West sold 3,000 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $177.35, for a total transaction of $532,050.00. Following the transaction, the director directly owned 24,805 shares in the company, valued at approximately $4,399,166.75. This represents a 10.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J Robert Kerrey sold 5,638 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $174.52, for a total transaction of $983,943.76. Following the sale, the director owned 16,804 shares of the company’s stock, valued at approximately $2,932,634.08. The trade was a 25.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.97% of the company’s stock.
Tenet Healthcare Profile (Free Report)
Tenet Healthcare Corporation (NYSE: THC) is a diversified American healthcare services company that owns and operates acute care hospitals and a broad range of outpatient facilities. Its portfolio includes general acute-care hospitals, specialty hospitals, ambulatory surgery centers, urgent care and diagnostic imaging centers, and other ancillary service locations. Tenet’s operations are oriented around delivering inpatient and outpatient clinical care across multiple medical specialties, with an emphasis on surgical services, emergency care, and advanced diagnostics.
In addition to facility-based care, Tenet provides integrated services designed to support clinical operations and improve patient access and care coordination.
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Bessemer Group Inc. boosted its stake in shares of Primoris Services Corporation (NYSE:PRIM – Free Report) by 41,998.7% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 32,416 shares of the company’s stock after acquiring an additional 32,339 shares during the period. Bessemer Group Inc. owned about 0.06% of Primoris Services worth $4,637,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in PRIM. Wellington Management Group LLP raised its position in shares of Primoris Services by 163.0% during the 4th quarter. Wellington Management Group LLP now owns 1,746,203 shares of the company’s stock worth $216,774,000 after purchasing an additional 1,082,218 shares during the last quarter. Norges Bank acquired a new stake in Primoris Services in the 4th quarter worth about $103,368,000. State Street Corp boosted its holdings in Primoris Services by 56.8% in the 4th quarter. State Street Corp now owns 2,011,488 shares of the company’s stock worth $249,866,000 after buying an additional 728,646 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Primoris Services by 7.8% in the 4th quarter. Vanguard Group Inc. now owns 6,479,466 shares of the company’s stock worth $804,361,000 after buying an additional 466,192 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Primoris Services by 2,338.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 314,426 shares of the company’s stock worth $39,033,000 after buying an additional 301,532 shares in the last quarter. 91.82% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Primoris Services In related news, Director David Lee King sold 20,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $119.09, for a total value of $2,381,800.00. Following the completion of the sale, the director owned 14,941 shares of the company’s stock, valued at approximately $1,779,323.69. This represents a 57.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider John M. Perisich sold 29,707 shares of Primoris Services stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $127.86, for a total transaction of $3,798,337.02. Following the transaction, the insider directly owned 27,574 shares in the company, valued at $3,525,611.64. This trade represents a 51.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.10% of the company’s stock.
Primoris Services Price Performance PRIM stock opened at $86.55 on Tuesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.28 and a quick ratio of 1.28. The business has a 50 day simple moving average of $103.71 and a 200-day simple moving average of $133.01. The firm has a market capitalization of $4.70 billion, a PE ratio of 19.06 and a beta of 1.41. Primoris Services Corporation has a 1 year low of $65.00 and a 1 year high of $205.50.
Primoris Services (NYSE:PRIM – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.28). The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.73 billion. Primoris Services had a net margin of 3.31% and a return on equity of 16.48%. Primoris Services’s revenue for the quarter was down 5.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.98 EPS. Primoris Services has set its FY 2026 guidance at 4.800-5.000 EPS. Equities research analysts anticipate that Primoris Services Corporation will post 1.88 earnings per share for the current fiscal year.
Primoris Services Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. Primoris Services’s payout ratio is presently 7.05%.
Analyst Ratings Changes A number of brokerages have commented on PRIM. Oppenheimer began coverage on Primoris Services in a report on Tuesday, July 7th. They set an “outperform” rating and a $135.00 target price for the company. The Goldman Sachs Group raised Primoris Services from a “sell” rating to a “neutral” rating and lowered their price target for the stock from $107.00 to $102.00 in a research note on Thursday, June 25th. JPMorgan Chase & Co. upgraded Primoris Services from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $105.00 to $116.00 in a research report on Monday, June 29th. Guggenheim restated a “buy” rating and issued a $162.00 price objective on shares of Primoris Services in a report on Tuesday, June 23rd. Finally, Cantor Fitzgerald lowered their target price on shares of Primoris Services from $124.00 to $100.00 and set a “neutral” rating on the stock in a research note on Thursday, June 25th. Eleven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Primoris Services has an average rating of “Moderate Buy” and an average target price of $137.47.
Get Our Latest Report on PRIM
About Primoris Services (Free Report)
Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation.
Featured Stories Five stocks we like better than Primoris Services 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 PRIM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Primoris Services Corporation (NYSE:PRIM – Free Report).
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Assetmark Inc. lifted its stake in shares of Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) by 510.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,055 shares of the company’s stock after acquiring an additional 13,424 shares during the period. Assetmark Inc.’s holdings in Casey’s General Stores were worth $11,686,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in shares of Casey’s General Stores by 7.4% in the fourth quarter. Geode Capital Management LLC now owns 760,438 shares of the company’s stock valued at $420,416,000 after purchasing an additional 52,250 shares during the period. Burns J W & Co. Inc. NY lifted its position in shares of Casey’s General Stores by 103.5% during the 1st quarter. Burns J W & Co. Inc. NY now owns 2,448 shares of the company’s stock worth $1,782,000 after buying an additional 1,245 shares during the period. North Dakota State Investment Board bought a new stake in Casey’s General Stores during the fourth quarter worth about $720,000. Jackson Creek Investment Advisors LLC acquired a new stake in Casey’s General Stores during the 4th quarter valued at $1,338,000. Finally, PNC Financial Services Group Inc. increased its position in Casey’s General Stores by 2.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 140,491 shares of the company’s stock valued at $77,651,000 after acquiring an additional 3,553 shares in the last quarter. Hedge funds and other institutional investors own 85.63% of the company’s stock.
Wall Street Analysts Forecast Growth A number of equities analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Casey’s General Stores from $719.00 to $975.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. BNP Paribas Exane lowered their price objective on Casey’s General Stores from $1,032.00 to $995.00 and set an “outperform” rating for the company in a research report on Thursday, June 25th. UBS Group upped their target price on shares of Casey’s General Stores from $805.00 to $945.00 and gave the company a “neutral” rating in a research report on Thursday, June 11th. Zacks Research lowered shares of Casey’s General Stores from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Northcoast Research upgraded shares of Casey’s General Stores from a “neutral” rating to a “buy” rating and set a $950.00 price target for the company in a research report on Monday, July 13th. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $940.00.
Get Our Latest Research Report on CASY
Casey’s General Stores Stock Performance Shares of NASDAQ CASY opened at $866.46 on Tuesday. The stock has a 50 day moving average of $822.35 and a 200-day moving average of $734.95. The company has a current ratio of 1.01, a quick ratio of 0.60 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $32.07 billion, a P/E ratio of 45.22, a P/E/G ratio of 2.58 and a beta of 0.62. Casey’s General Stores, Inc. has a 12 month low of $490.00 and a 12 month high of $927.85.
Casey’s General Stores (NASDAQ:CASY – Get Free Report) last issued its quarterly earnings data on Tuesday, June 9th. The company reported $4.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $1.06. The company had revenue of $4.57 billion during the quarter, compared to analysts’ expectations of $4.33 billion. Casey’s General Stores had a return on equity of 18.73% and a net margin of 4.07%.The business’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.63 earnings per share. As a group, equities research analysts predict that Casey’s General Stores, Inc. will post 21.14 EPS for the current year.
Casey’s General Stores Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Saturday, August 1st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from Casey’s General Stores’s previous quarterly dividend of $0.57. Casey’s General Stores’s payout ratio is currently 11.90%.
Insider Buying and Selling In other news, insider Chad Michael Frazell sold 3,013 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $787.49, for a total transaction of $2,372,707.37. Following the completion of the sale, the insider owned 9,823 shares in the company, valued at $7,735,514.27. The trade was a 23.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Darren M. Rebelez sold 19,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $801.46, for a total value of $15,227,740.00. Following the transaction, the chief executive officer directly owned 89,174 shares in the company, valued at $71,469,394.04. The trade was a 17.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 30,243 shares of company stock worth $24,421,877. Corporate insiders own 0.54% of the company’s stock.
Casey’s General Stores Company Profile (Free Report)
Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.
The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.
Read More Five stocks we like better than Casey’s General Stores 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 CASY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report).
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DALLAS, July 21, 2026 (GLOBE NEWSWIRE) -- As demand for orthodontic care continues to rise—valued at approximately $22 billion in 2025 and projected to reach $26.9 billion by 2030—and Smile Doctors expands its national footprint, the organization today announced the appointment of Jeff Knudson as chief financial officer. An accomplished healthcare and multisite finance executive, Knudson will lead the company’s financial strategy and finance organization.
As the company continues to expand its network of affiliated practices, invest in new locations and technology, and meet rising demand from patients, he will help ensure the business is well positioned to deliver on its growth objectives while maintaining its commitment to supporting doctors, practice teams and exceptional patient care.
"Jeff brings the strategic perspective we need to lead the business through its next phase," said J. Hedrick, chief executive officer of Smile Doctors. "He has a proven ability to build strong financial organizations, guide complex healthcare companies and turn growth opportunities into long-term value. His leadership will be critical as we continue expanding our platform, investing in our affiliated practices and strengthening the foundation for what comes next."
Knudson brings more than a decade of experience as a chief financial officer, with a career focused on helping multi-site organizations build the financial discipline and operational capabilities needed to scale successfully. Most recently, he served as CFO of National Veterinary Associates Group. Previously, he was CFO of publicly traded AMN Healthcare Services, Inc. (NYSE: AMN) and At Home Group and held senior finance leadership roles at CVS Health, L Brands, Express Scripts and PwC.
"Healthcare organizations have an opportunity to grow in ways that strengthen—not dilute—the patient experience," said Knudson. "The finance function plays an important role in making that possible by helping organizations invest thoughtfully, allocate capital responsibly and build the capabilities that allow doctors and care teams to focus on what matters most: delivering exceptional care for every patient. I'm excited to join Smile Doctors at such an important point in its journey and help support the company's continued momentum."
Smile Doctors currently supports 591 affiliated locations across 36 states and expects to surpass 600 locations before the end of 2026. During the first half of the year, the organization delivered double-digit revenue growth, driven by strong same-store performance, new orthodontist affiliations, seven de novo practice openings and increasing adult demand through Smile Express® powered by Invisalign®. To support continued expansion, Smile Doctors also secured an additional $125 million in growth capital during the second quarter and expects to open 18 additional locations over the next 12 months.
To learn more about Smile Doctors, visit www.smiledoctors.com.
About Smile Doctors
Smile Doctors LLC, is the largest ortho-focused support organization (OSO) in the U.S. As the fastest-growing network of leading orthodontists with 591 convenient locations in 36 states, Smile Doctors has a rich history of developing and growing affiliated practices by providing tools and technology that allow orthodontists to focus entirely on patient care. Smile Doctors supports the largest network of Diamond Plus Invisalign® providers and its affiliated orthodontists are proud members of the American Association of Orthodontists, American Dental Association, and host for the Lecture Center for Orthodontic Excellence. Smile Doctors' mission is to create confident smiles that inspire the best in patients, each other, and the communities they serve. For more information, please visit: www.smiledoctors.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ebe59fd-6757-432e-a0bb-7f3eda95e4d2
Jeff Knudson Jeff Knudson Joins Smile Doctors as CFO
MILWAUKEE, July 21, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating Element Solutions (NYSE: ESI) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Solstice Advanced Materials.
Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.
Element Solutions shareholders will receive $10.00 in cash and 0.500 shares of Solstice common stock, representing implied consideration of approximately $50.10 per Element share. Upon closing, Element shareholders are expected to own approximately 44% of the combined company.
Element Solutions insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for Element Solutions by imposing a significant penalty if Element Solutions accepts a competing bid. We are investigating the conduct of the Element Solutions board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
July 21, 2026 08:05 ET | Source: Harmony Biosciences
PLYMOUTH MEETING, Pa., July 21, 2026 (GLOBE NEWSWIRE) -- Harmony Biosciences Holdings, Inc. (Nasdaq: HRMY) today announced that it will report second quarter 2026 financial results on Tuesday, August 4, 2026, before the open of the U.S. financial markets. Harmony will host a conference call and webcast on August 4, 2026, at 8:30 a.m. ET to discuss the results.
To participate in the call, please dial 800-347-6865 (domestic) or 203-518-9757 (international or alternate), and reference passcode HRMYQ226. It is recommended that you dial in at least 10 minutes prior to the call.
The live and replay webcast of the call will be available on the investor page of our website at https://ir.harmonybiosciences.com/.
About Harmony Biosciences
Harmony Biosciences is a pharmaceutical company dedicated to developing and commercializing innovative therapies for patients with rare neurological diseases who have unmet medical needs. Driven by novel science, visionary thinking, and a commitment to those who feel overlooked, Harmony Biosciences is nurturing a future full of therapeutic possibilities that may enable patients with rare neurological diseases to truly thrive. Established by Paragon Biosciences, LLC, in 2017 and headquartered in Plymouth Meeting, Pa, we believe that when empathy and innovation meet, a better future can begin; a vision evident in the therapeutic innovations we advance, the culture we cultivate, and the community programs we foster. For more information, please visit www.harmonybiosciences.com.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Badger Meter To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Badger Meter between April 18, 2024 and April 16, 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 Badger Meter, Inc. ("Badger Meter" or the "Company") (NYSE: BMI) and reminds investors of the August 3, 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 Badger Meter's strong financial results reflected "ongoing favorable industry trends," "secular growth drivers," and "solid operating execution." They likewise touted "strong" demand and said they were seeing "robust order pacing and a strong bid pipeline that positions us well for continued sales and earnings growth," and that Badger Meter possessed a "long runway" for growth.
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 Badger Meter's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Badger Meter class action, go to www.faruqilaw.com/BMI or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Frequently Asked Questions (FAQ) for Investors Regarding the Badger Meter Securities Class Action Lawsuit:
What is the Badger Meter securities fraud lawsuit about?
The Badger Meter securities fraud lawsuit is a federal securities class action alleging that Badger Meter, Inc. (NYSE: BMI) and its executives made false and misleading statements to investors by touting "strong" demand, a "robust" order pipeline, and a "long runway" for growth while concealing that the Company's financial results were not sustainable. As the truth emerged through a series of disclosures — including disappointing Q2 2025 results and a sequential sales decline forecast on July 22, 2025, missed revenue expectations and a 6% sequential decline in utility water sales on January 28, 2026, and Q1 2026 earnings that missed consensus estimates by $0.26 per share with revenue missing by $28.58 million on April 17, 2026 — BMI's stock price dropped sharply, causing significant losses for investors.
Who may be eligible to participate in the Badger Meter class action lawsuit?
Investors who purchased or acquired Badger Meter (BMI) stock between April 18, 2024 and April 16, 2026 — the Class Period — and suffered financial losses may be eligible to participate in the Badger Meter 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 Badger Meter 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 Badger Meter lawsuit?
A lead plaintiff in the Badger Meter 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 Badger Meter investor who purchased BMI 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 August 3, 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 Badger Meter stock during the Class Period?
Investors who purchased Badger Meter (BMI) stock between April 18, 2024 and April 16, 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 Badger Meter securities class action is August 3, 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/BMI 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/305833
Source: Faruqi & Faruqi LLP
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Bank of New York Mellon Corp reduced its stake in Chewy (NYSE:CHWY – Free Report) by 1.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,252,907 shares of the company’s stock after selling 83,722 shares during the quarter. Bank of New York Mellon Corp owned 1.02% of Chewy worth $114,828,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the stock. Wellington Management Group LLP increased its position in Chewy by 295.9% during the 3rd quarter. Wellington Management Group LLP now owns 17,622,768 shares of the company’s stock worth $712,841,000 after purchasing an additional 13,171,325 shares during the period. Viking Global Investors LP lifted its holdings in Chewy by 146.9% in the fourth quarter. Viking Global Investors LP now owns 13,536,645 shares of the company’s stock valued at $447,386,000 after acquiring an additional 8,052,955 shares during the period. AQR Capital Management LLC boosted its position in shares of Chewy by 120.2% during the 3rd quarter. AQR Capital Management LLC now owns 10,196,146 shares of the company’s stock worth $407,948,000 after purchasing an additional 5,564,803 shares in the last quarter. Norges Bank purchased a new stake in shares of Chewy during the 4th quarter worth $154,647,000. Finally, State Street Corp grew its stake in shares of Chewy by 75.5% during the 2nd quarter. State Street Corp now owns 6,170,197 shares of the company’s stock worth $262,974,000 after purchasing an additional 2,654,496 shares during the period. Institutional investors and hedge funds own 93.09% of the company’s stock.
Chewy Stock Up 5.0% CHWY stock opened at $21.98 on Tuesday. The stock has a market capitalization of $9.00 billion, a price-to-earnings ratio of 36.64, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. Chewy has a 52-week low of $17.40 and a 52-week high of $43.50. The stock’s fifty day simple moving average is $20.34 and its 200-day simple moving average is $24.94.
Insiders Place Their Bets In other news, CEO Sumit Singh sold 83,306 shares of Chewy stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $25.60, for a total value of $2,132,633.60. Following the transaction, the chief executive officer directly owned 874,061 shares of the company’s stock, valued at $22,375,961.60. The trade was a 8.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 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. Also, General Counsel Da-Wai Hu sold 4,203 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $19.49, for a total value of $81,916.47. Following the sale, the general counsel owned 4,103 shares of the company’s stock, valued at $79,967.47. The trade was a 50.60% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 91,729 shares of company stock worth $2,322,582. 0.34% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades A number of research analysts have issued reports on CHWY shares. Zacks Research cut shares of Chewy from a “hold” rating to a “strong sell” rating in a report on Thursday, June 25th. TD Cowen restated a “buy” rating on shares of Chewy in a report on Tuesday, June 23rd. Mizuho dropped their price objective on Chewy from $50.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, June 3rd. The Goldman Sachs Group decreased their target price on Chewy from $46.00 to $34.00 and set a “buy” rating on the stock in a research report on Friday, June 12th. Finally, JPMorgan Chase & Co. lowered their target price on Chewy from $35.00 to $29.00 and set an “overweight” rating on the stock in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $32.05.
View Our Latest Stock Analysis on CHWY
Chewy Profile (Free Report)
Chewy, Inc (NYSE: CHWY) is a leading e-commerce retailer specializing in pet food, supplies and services. The company offers a comprehensive assortment of products for dogs, cats, fish, birds and other small animals, including prescription medications, veterinary health products, grooming essentials and toys. Through its online platform and mobile app, Chewy provides an intuitive shopping experience with features such as Autoship, ensuring regular deliveries of pet essentials at schedule intervals.
Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated under the name Mr.
Further Reading Five stocks we like better than Chewy 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 CHWY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chewy (NYSE:CHWY – Free Report).
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Amova Asset Management Americas Inc. decreased its holdings in Teradyne, Inc. (NASDAQ:TER – Free Report) by 49.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 555,597 shares of the company’s stock after selling 544,236 shares during the quarter. Teradyne accounts for approximately 2.3% of Amova Asset Management Americas Inc.’s holdings, making the stock its 13th biggest holding. Amova Asset Management Americas Inc. owned 0.35% of Teradyne worth $164,629,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Teradyne in the 4th quarter valued at approximately $28,000. CYBER HORNET ETFs LLC bought a new stake in Teradyne in the second quarter valued at $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Teradyne during the fourth quarter worth $37,000. True Wealth Design LLC raised its stake in Teradyne by 49.6% during the fourth quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $41,000 after acquiring an additional 70 shares in the last quarter. Finally, University of Texas Texas AM Investment Management Co. bought a new position in shares of Teradyne during the fourth quarter valued at $41,000. Institutional investors own 99.77% of the company’s stock.
Insider Buying and Selling In other news, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total transaction of $256,768.00. Following the transaction, the vice president owned 7,665 shares of the company’s stock, valued at $2,894,304. This represents a 8.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $345.37, for a total value of $348,132.96. Following the completion of the transaction, the insider owned 15,066 shares in the company, valued at approximately $5,203,344.42. This represents a 6.27% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 14,941 shares of company stock worth $5,444,112 in the last quarter. Insiders own 0.19% of the company’s stock.
Teradyne Stock Up 3.5% Shares of NASDAQ:TER opened at $333.76 on Tuesday. Teradyne, Inc. has a 12 month low of $89.18 and a 12 month high of $487.91. The company’s 50-day moving average price is $381.40 and its two-hundred day moving average price is $329.05. The firm has a market cap of $52.25 billion, a P/E ratio of 61.81, a P/E/G ratio of 0.93 and a beta of 1.74.
Teradyne (NASDAQ:TER – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm posted $0.75 earnings per share. The company’s revenue was up 87.0% on a year-over-year basis. As a group, equities analysts predict that Teradyne, Inc. will post 7.2 earnings per share for the current fiscal year.
Teradyne Increases Dividend The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Thursday, May 21st were issued a $0.13 dividend. This is an increase from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, May 21st. Teradyne’s dividend payout ratio (DPR) is 9.63%.
Analyst Upgrades and Downgrades Several equities research analysts have recently weighed in on TER shares. Morgan Stanley set a $387.00 target price on shares of Teradyne in a report on Thursday, April 30th. Stifel Nicolaus boosted their price target on shares of Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Cantor Fitzgerald upped their price objective on shares of Teradyne from $400.00 to $550.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Evercore set a $370.00 price objective on shares of Teradyne in a report on Thursday, April 30th. Finally, Susquehanna raised their price objective on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $394.53.
View Our Latest Stock Analysis on Teradyne
Teradyne Profile (Free Report)
Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.
The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.
Further Reading Five stocks we like better than Teradyne 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 TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
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Fifth Third Bancorp raised its position in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 772.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,423 shares of the textile maker’s stock after buying an additional 24,279 shares during the quarter. Fifth Third Bancorp’s holdings in Deckers Outdoor were worth $2,745,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the company. Federated Hermes Inc. increased its holdings in shares of Deckers Outdoor by 374.1% in the 4th quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock worth $326,531,000 after buying an additional 2,485,338 shares during the last quarter. Norges Bank purchased a new stake in Deckers Outdoor during the fourth quarter valued at approximately $252,729,000. AQR Capital Management LLC lifted its stake in shares of Deckers Outdoor by 340.5% in the 4th quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock valued at $273,000,000 after purchasing an additional 2,035,517 shares during the last quarter. Viking Global Investors LP bought a new stake in shares of Deckers Outdoor in the 3rd quarter valued at approximately $175,058,000. Finally, Marshall Wace LLP lifted its stake in shares of Deckers Outdoor by 5,324.4% in the 4th quarter. Marshall Wace LLP now owns 1,498,106 shares of the textile maker’s stock valued at $155,309,000 after purchasing an additional 1,470,488 shares during the last quarter. Institutional investors own 97.79% of the company’s stock.
Wall Street Analyst Weigh In DECK has been the topic of several analyst reports. Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Piper Sandler reissued a “neutral” rating on shares of Deckers Outdoor in a research note on Thursday, June 11th. Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a report on Thursday, April 23rd. Argus set a $128.00 price target on shares of Deckers Outdoor in a research note on Friday, May 29th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Deckers Outdoor has an average rating of “Hold” and an average target price of $121.11.
Get Our Latest Stock Report on Deckers Outdoor
Deckers Outdoor Price Performance DECK stock opened at $104.18 on Tuesday. The company has a market capitalization of $14.47 billion, a PE ratio of 14.80, a P/E/G ratio of 2.10 and a beta of 1.17. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $126.50. The firm’s 50-day moving average is $105.71 and its 200 day moving average is $106.19.
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.15. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Sell-side analysts forecast that Deckers Outdoor Corporation will post 7.46 EPS for the current fiscal year.
Deckers Outdoor Profile (Free Report)
Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.
Founded in 1973 by Doug Otto and Karl F.
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Andar Capital Management HK Ltd trimmed its position in shares of Onto Innovation Inc. (NYSE:ONTO – Free Report) by 10.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 78,000 shares of the semiconductor company’s stock after selling 8,640 shares during the period. Onto Innovation accounts for approximately 13.7% of Andar Capital Management HK Ltd’s portfolio, making the stock its 2nd largest holding. Andar Capital Management HK Ltd owned 0.16% of Onto Innovation worth $15,995,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC grew its stake in shares of Onto Innovation by 16.5% during the 1st quarter. Parallel Advisors LLC now owns 395 shares of the semiconductor company’s stock worth $81,000 after acquiring an additional 56 shares during the period. Kestra Advisory Services LLC lifted its holdings in Onto Innovation by 4.9% during the first quarter. Kestra Advisory Services LLC now owns 1,368 shares of the semiconductor company’s stock valued at $281,000 after purchasing an additional 64 shares during the last quarter. Root Financial Partners LLC boosted its position in Onto Innovation by 71.2% during the fourth quarter. Root Financial Partners LLC now owns 178 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 74 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of Onto Innovation by 8.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,165 shares of the semiconductor company’s stock worth $186,000 after purchasing an additional 92 shares in the last quarter. Finally, Millstone Evans Group LLC raised its position in shares of Onto Innovation by 147.8% in the first quarter. Millstone Evans Group LLC now owns 166 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 99 shares during the period. 98.35% of the stock is currently owned by institutional investors.
Onto Innovation Stock Down 0.5% ONTO opened at $278.45 on Tuesday. The business’s fifty day simple moving average is $295.27 and its 200 day simple moving average is $248.20. Onto Innovation Inc. has a 52 week low of $89.40 and a 52 week high of $386.46. The stock has a market cap of $13.85 billion, a PE ratio of 130.12, a P/E/G ratio of 1.14 and a beta of 1.55.
Onto Innovation (NYSE:ONTO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.04. The firm had revenue of $291.95 million during the quarter, compared to analyst estimates of $292.00 million. Onto Innovation had a return on equity of 11.68% and a net margin of 10.32%.The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.51 earnings per share. As a group, equities analysts anticipate that Onto Innovation Inc. will post 7.14 earnings per share for the current year.
Analysts Set New Price Targets A number of research firms recently weighed in on ONTO. Weiss Ratings upgraded shares of Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Wall Street Zen upgraded Onto Innovation from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Evercore reiterated an “outperform” rating and set a $315.00 price objective on shares of Onto Innovation in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft assumed coverage on Onto Innovation in a research note on Friday, June 5th. They issued a “buy” rating and a $350.00 target price for the company. Finally, Morgan Stanley initiated coverage on Onto Innovation in a research report on Sunday, June 14th. They set an “overweight” rating and a $371.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Onto Innovation presently has a consensus rating of “Buy” and a consensus target price of $339.60.
Get Our Latest Stock Report on Onto Innovation
Onto Innovation Profile (Free Report)
Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.
Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.
See Also Five stocks we like better than Onto Innovation 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 ONTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Onto Innovation Inc. (NYSE:ONTO – Free Report).
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Bank of New York Mellon Corp reduced its holdings in Onto Innovation Inc. (NYSE:ONTO – Free Report) by 5.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 567,805 shares of the semiconductor company’s stock after selling 32,988 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.14% of Onto Innovation worth $116,440,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the business. Eagle Rock Investment Company LLC raised its holdings in shares of Onto Innovation by 99.3% during the fourth quarter. Eagle Rock Investment Company LLC now owns 10,037 shares of the semiconductor company’s stock valued at $1,584,000 after purchasing an additional 5,000 shares during the period. CWM LLC grew its stake in shares of Onto Innovation by 361.2% in the 4th quarter. CWM LLC now owns 20,068 shares of the semiconductor company’s stock valued at $3,168,000 after buying an additional 15,717 shares during the period. M&T Bank Corp grew its stake in shares of Onto Innovation by 11,228.9% in the 4th quarter. M&T Bank Corp now owns 341,112 shares of the semiconductor company’s stock valued at $53,848,000 after buying an additional 338,101 shares during the period. Fideuram Asset Management Ireland dac bought a new stake in Onto Innovation in the 4th quarter valued at about $1,583,000. Finally, Allspring Global Investments Holdings LLC increased its position in Onto Innovation by 148.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 271,610 shares of the semiconductor company’s stock valued at $45,052,000 after buying an additional 162,433 shares in the last quarter. Institutional investors own 98.35% of the company’s stock.
Wall Street Analyst Weigh In ONTO has been the topic of several recent research reports. Evercore reiterated an “outperform” rating and issued a $315.00 price target on shares of Onto Innovation in a report on Friday, April 17th. Jefferies Financial Group restated a “buy” rating and set a $350.00 price objective on shares of Onto Innovation in a report on Wednesday, May 6th. Weiss Ratings raised Onto Innovation from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, April 27th. Cantor Fitzgerald increased their target price on Onto Innovation from $350.00 to $410.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Finally, Freedom Capital raised shares of Onto Innovation to a “strong-buy” rating in a research report on Wednesday, June 17th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $339.60.
Get Our Latest Stock Analysis on ONTO
Onto Innovation Stock Down 0.5% Shares of NYSE:ONTO opened at $278.45 on Tuesday. The business’s 50 day moving average is $295.27 and its 200 day moving average is $248.20. Onto Innovation Inc. has a 12-month low of $89.40 and a 12-month high of $386.46. The stock has a market cap of $13.85 billion, a price-to-earnings ratio of 130.12, a PEG ratio of 1.14 and a beta of 1.55.
Onto Innovation (NYSE:ONTO – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.04. Onto Innovation had a net margin of 10.32% and a return on equity of 11.68%. The firm had revenue of $291.95 million for the quarter, compared to the consensus estimate of $292.00 million. During the same period in the previous year, the firm earned $1.51 EPS. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. As a group, equities research analysts expect that Onto Innovation Inc. will post 7.14 earnings per share for the current year.
Onto Innovation Company Profile (Free Report)
Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.
Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.
See Also Five stocks we like better than Onto Innovation The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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California Public Employees Retirement System raised its holdings in Raymond James Financial, Inc. (NYSE:RJF – Free Report) by 2.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 347,745 shares of the financial services provider’s stock after acquiring an additional 9,242 shares during the quarter. California Public Employees Retirement System owned approximately 0.18% of Raymond James Financial worth $50,350,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the business. Reflection Asset Management acquired a new position in shares of Raymond James Financial during the fourth quarter worth $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Raymond James Financial in the fourth quarter valued at $32,000. Harbor Investment Advisory LLC increased its holdings in Raymond James Financial by 452.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 210 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 172 shares during the period. Hilton Head Capital Partners LLC bought a new position in Raymond James Financial during the 4th quarter worth $35,000. Finally, DV Equities LLC bought a new position in Raymond James Financial during the 4th quarter worth $40,000. Institutional investors own 83.83% of the company’s stock.
Analyst Ratings Changes A number of equities research analysts have commented on RJF shares. UBS Group reiterated a “neutral” rating and issued a $175.00 price target (up from $166.00) on shares of Raymond James Financial in a research report on Wednesday, July 8th. TD Cowen lowered their price objective on Raymond James Financial from $159.00 to $155.00 and set a “hold” rating for the company in a research report on Thursday, May 28th. BMO Capital Markets lifted their price objective on Raymond James Financial from $152.00 to $165.00 and gave the stock a “market perform” rating in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Raymond James Financial in a report on Wednesday, May 20th. Finally, Citigroup reissued an “outperform” rating on shares of Raymond James Financial in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $176.64.
Get Our Latest Stock Analysis on RJF
Raymond James Financial Stock Performance RJF stock opened at $168.19 on Tuesday. The firm has a market cap of $32.78 billion, a PE ratio of 15.90, a price-to-earnings-growth ratio of 1.07 and a beta of 0.93. The company has a current ratio of 1.07, a quick ratio of 1.05 and a debt-to-equity ratio of 0.44. The stock has a 50-day moving average price of $155.91 and a 200-day moving average price of $156.40. Raymond James Financial, Inc. has a 1-year low of $138.82 and a 1-year high of $177.66.
Raymond James Financial (NYSE:RJF – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The financial services provider reported $2.83 EPS for the quarter, beating the consensus estimate of $2.76 by $0.07. Raymond James Financial had a return on equity of 17.93% and a net margin of 13.04%.The company had revenue of $3.86 billion for the quarter, compared to analyst estimates of $3.92 billion. During the same quarter in the prior year, the company earned $2.42 EPS. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. As a group, equities research analysts expect that Raymond James Financial, Inc. will post 11.84 earnings per share for the current year.
Raymond James Financial Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Wednesday, July 1st. Raymond James Financial’s dividend payout ratio is presently 20.42%.
Raymond James Financial Profile (Free Report)
Raymond James Financial is a diversified financial services firm headquartered in St. Petersburg, Florida. Founded in 1962, the company provides a range of services to individual investors, businesses and institutions through a combination of wealth management, capital markets, investment banking, asset management, banking and trust services. Its business model centers on a network of financial advisors and broker-dealer operations that deliver personalized financial planning, investment advisory services and brokerage solutions.
The firm’s core offerings include private client wealth management delivered by independent and employee advisors, equity and fixed-income research, institutional sales and trading, and investment banking services such as mergers and acquisitions advisory and capital raising.
Further Reading Five stocks we like better than Raymond James Financial 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 RJF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Raymond James Financial, Inc. (NYSE:RJF – Free Report).
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Bank of New York Mellon Corp boosted its stake in Jackson Financial Inc. (NYSE:JXN – Free Report) by 2.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 910,853 shares of the company’s stock after buying an additional 24,747 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.29% of Jackson Financial worth $96,295,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Accordant Advisory Group Inc bought a new position in shares of Jackson Financial during the 4th quarter valued at approximately $1,678,000. Horizon Investments LLC purchased a new position in Jackson Financial during the fourth quarter valued at $2,638,000. Artemis Investment Management LLP purchased a new position in shares of Jackson Financial during the fourth quarter valued at about $2,696,000. Candriam S.C.A. grew its holdings in Jackson Financial by 31.5% during the 1st quarter. Candriam S.C.A. now owns 177,950 shares of the company’s stock valued at $18,813,000 after buying an additional 42,607 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in Jackson Financial by 29.3% in the first quarter. Kestra Advisory Services LLC now owns 35,593 shares of the company’s stock worth $3,763,000 after purchasing an additional 8,057 shares during the last quarter. 89.96% of the stock is owned by hedge funds and other institutional investors.
Jackson Financial Price Performance NYSE JXN opened at $123.13 on Tuesday. Jackson Financial Inc. has a 1 year low of $82.65 and a 1 year high of $126.69. The company has a market cap of $8.59 billion, a price-to-earnings ratio of -20.15 and a beta of 1.32. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.27 and a quick ratio of 0.27. The stock’s fifty day moving average price is $109.41 and its 200 day moving average price is $110.41.
Jackson Financial Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were issued a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, June 11th. Jackson Financial’s dividend payout ratio (DPR) is -58.92%.
Analysts Set New Price Targets JXN has been the topic of several analyst reports. Weiss Ratings cut Jackson Financial from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 12th. Jefferies Financial Group raised shares of Jackson Financial from a “hold” rating to a “buy” rating and raised their price target for the stock from $120.00 to $140.00 in a research note on Friday, July 10th. Keefe, Bruyette & Woods raised their price objective on Jackson Financial from $125.00 to $130.00 and gave the stock a “market perform” rating in a report on Monday, July 13th. Barclays raised their target price on shares of Jackson Financial from $136.00 to $139.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th. Finally, Wall Street Zen lowered Jackson Financial from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Jackson Financial presently has an average rating of “Moderate Buy” and a consensus price target of $126.40.
Check Out Our Latest Stock Analysis on JXN
About Jackson Financial (Free Report)
Jackson Financial Inc is a U.S.-based financial services holding company headquartered in Lansing, Michigan. The company operates primarily through its principal subsidiary, Jackson National Life Insurance Company, and specializes in designing and distributing retirement products. Jackson Financial has been publicly traded on the New York Stock Exchange under the ticker JXN since its initial public offering in May 2022.
The company’s core offerings include a broad range of fixed, variable and indexed annuity products aimed at helping individuals preserve and grow retirement assets.
Further Reading Five stocks we like better than Jackson Financial The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Key Takeaways EV-to-EBITDA offers a fuller view of valuation by accounting for debt, unlike traditional P/E ratios.CLDT, PARR, ARCO, CAL and FUL are screened as value stocks with low EV-to-EBITDA ratios.Each stock meets strict criteria, including valuation, trading volume, price, growth, and Value Score. The price-to-earnings (P/E) ratio is widely regarded as a yardstick for assessing a stock’s fair value. It is commonly used by investors to identify attractively priced stocks. However, despite its popularity, this valuation metric has notable shortcomings.
While P/E remains the most widely used equity valuation ratio, a more comprehensive metric called EV-to-EBITDA often provides a more accurate assessment of a company’s value. Frequently considered a better alternative to P/E, this ratio delivers a clearer view of a firm’s valuation and earnings-generating potential.
Chatham Lodging Trust (CLDT - Free Report) , Par Pacific Holdings, Inc. (PARR - Free Report) , Arcos Dorados Holdings Inc. (ARCO - Free Report) , Caleres, Inc. (CAL - Free Report) and H.B. Fuller Company (FUL - Free Report) are some stocks with attractive EV-to-EBITDA ratios.
EV-to-EBITDA Is a Better Approach, Here’s WhyEV-to-EBITDA is essentially the enterprise value (EV) of a stock divided by its earnings before interest, taxes, depreciation and amortization (EBITDA). EV is the sum of a company’s market capitalization, its debt and preferred stock minus cash and cash equivalents. EBITDA, the other component of the multiple, gives a better idea of a company’s profitability as it removes the impact of non-cash expenses like depreciation and amortization that reduce net earnings. It is also often used as a proxy for cash flows.
Just like P/E, the lower the EV-to-EBITDA ratio, the more attractive it is. A low EV-to-EBITDA ratio could signal that a stock is potentially undervalued. EV-to-EBITDA takes into account the debt on a company’s balance sheet, which the P/E ratio does not. For this reason, EV-to-EBITDA is generally used to value potential acquisition targets as it shows the amount of debt the acquirer has to assume. Stocks boasting a low EV-to-EBITDA multiple could be seen as attractive takeover candidates.
P/E can’t be used to value a loss-making firm. A firm’s earnings are also subject to accounting estimates and management manipulation. In contrast, EV-to-EBITDA is harder to manipulate and can be used to value companies that have negative net earnings but are positive on the EBITDA front. EV-to-EBITDA is also a useful tool in measuring the value of firms that are highly leveraged and have a high degree of depreciation. It can also be used to compare companies with different levels of debt.
But EV-to-EBITDA has its shortcomings, too. The ratio varies across industries (a high-growth industry typically has a higher multiple and vice versa). It is usually not appropriate when comparing stocks in different industries, given their diverse capital requirements.
A strategy solely based on EV-to-EBITDA might not yield the desired results. However, you can club it with the other major ratios in your stock-investing toolbox, such as price-to-book (P/B), P/E and price-to-sales (P/S) to screen value stocks.
Screening CriteriaHere are the parameters to screen for value stocks:
EV-to-EBITDA 12 Months-Most Recent less than X-Industry Median: A lower EV-to-EBITDA ratio represents a cheaper valuation.
P/E using (F1) less than X-Industry Median: This metric screens stocks that are trading at a discount to their peers.
P/B less than X-Industry Median: A lower P/B compared with the industry average implies that the stock is undervalued.
P/S less than X-Industry Median: The lower the P/S ratio, the more attractive the stock is, as investors will have to pay a smaller price for the same amount of sales generated by the company.
Estimated One-Year EPS Growth F(1)/F(0) greater than or equal to X-Industry Median: This parameter will help in screening stocks that have growth rates higher than the industry median.
Average 20-day Volume greater than or equal to 100,000: The addition of this metric ensures that shares can be traded easily.
Current Price greater than or equal to $5: This parameter will help in screening stocks that are trading at a minimum price of $5 or higher.
Zacks Rank less than or equal to 2: It is a fundamental truth that stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have always managed to beat adversities and outperform the market.
Value Score of less than or equal to B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best upside potential.
Here are our five picks out of the 12 stocks that passed the screen:
Chatham Lodging Trust is a lodging real estate investment trust that invests in premium-branded upscale extended-stay and select-service hotels. This Zacks Rank #1 company has a Value Score of A.
Chatham Lodging Trust has an expected year-over-year earnings growth rate of 26.5% for 2026. The Zacks Consensus Estimate for CLDT’s 2026 earnings has moved up 1.6% over the past 60 days.
Par Pacific Holdings is a growth-oriented energy company supplying conventional and renewable fuels across the western United States. This Zacks Rank #1 company has a Value Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
Par Pacific Holdings has an expected year-over-year earnings growth rate of 136.1% for 2026. The consensus estimate for PARR’s 2026 earnings has moved up 30.1% over the past 60 days.
Arcos Dorados Holdings operates as a franchisee of McDonald's. It operates the largest quick-service restaurant chain in Latin America and the Caribbean. This Zacks Rank #1 company has a Value Score of A.
Arcos Dorados Holdings has an expected year-over-year earnings growth rate of 180.8% for 2026. The Zacks Consensus Estimate for ARCO’s 2026 earnings has been revised 7.4% upward over the past 60 days.
Caleres designs, develops, sources, manufactures and distributes footwear in the United States, Canada, East Asia and internationally. This Zacks Rank #2 stock has a Value Score of A.
Caleres has an expected year-over-year earnings growth rate of 37% for the current fiscal year. The consensus estimate for CAL’s current fiscal-year earnings has moved up 3.2% over the past 60 days.
H.B. Fuller is a global formulator, manufacturer and marketer of adhesives, sealants, coatings, tapes, encapsulants and related specialty chemical products. This Zacks Rank #2 stock has a Value Score of A.
H.B. Fuller has an expected year-over-year earnings growth rate of 14.9% for the current fiscal year. The Zacks Consensus Estimate for FUL’s current fiscal-year earnings has moved up 2.1% over the past 60 days.
There is a reason Costco Wholesale (COST 0.44%) is one of the most beloved stocks in retail. Its membership model prints reliable, high-margin profit, its renewal rates sit above 90%, and it keeps opening warehouses around the world.
Costco is a genuinely compelling investment. But it is also expensive, and I think a smaller rival running the same playbook could be an even better buy today: BJ's Wholesale Club (BJ +0.55%).
Image source: Getty Images.
Costco's magic is that it barely relies on selling merchandise for profit. It makes its money on membership fees, a recurring and sticky revenue stream that holds up in any economy. With more than 900 warehouses worldwide and members who almost never leave, Costco is a dependable compounding machine. The only knock is the price tag. The stock trades at a rich premium, which means a lot of future success is already baked in.
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Why BJ's could be an even better buy BJ's also runs the warehouse-club model, charging annual fees for access to bulk goods and cheap gas, and its membership income is growing at a healthy clip near 10%. Here is the key difference: scale. BJ's operates roughly 263 clubs, mostly in the eastern United States, versus Costco's more than 900. That smaller base is the opportunity, because BJ's has far more room to grow relative to its size. Its recent push into new markets like Texas is running well ahead of plan, and each new club it opens moves the needle far more than a new warehouse does for a company of Costco's size.
Just as important, BJ's trades at a meaningfully cheaper valuation than Costco. You get the same attractive membership economics, a longer runway of store expansion ahead, and a friendlier entry price. For an investor focused on growth, that combination can translate into better returns.
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The catch worth naming I would not pretend that BJ's is the higher-quality business. Costco is more proven, more global, boasts stronger renewal rates, and has a wider moat. BJ's is regional and more concentrated, its margins are thinner, and after a strong run, its shares are no longer dirt cheap on their own history. This is the higher-upside, higher-risk pick, not the safer one.
If you want the bluest of blue chip retailers, Costco remains a wonderful, if pricey, choice, and there is nothing wrong with owning it. But if you are hunting for the better value with more room to grow, BJ's Wholesale offers the same winning membership model at a fraction of the size and a lower price. To me, that makes it the more compelling buy right now, as long as you are comfortable with a smaller, regional challenger still proving how far it can expand.
Founded in partnership with Kayne Anderson and Warburg Pincus in 2019, WildFire Energy has become a leading private, large-scale oil-weighted platform
, /PRNewswire/ -- Kayne Anderson and Warburg Pincus announced an agreement to sell WildFire Energy ("WildFire" or the "Company") to Magnolia Oil & Gas Corporation ("Magnolia") (NYSE: MGY) for approximately $4.06 billion. The acquisition has been unanimously approved by Magnolia's board of directors.
WildFire is an independent energy company focused on the acquisition, development and optimization of oil and gas assets in the Austin Chalk, Eagle Ford, and Woodbine formations of South Texas. Warburg Pincus, Kayne Anderson, and the WildFire management team partnered together in 2019 to form the Company, and since then, have grown the business into one of the largest privately owned oil & gas producers in the United States.
Over the course of the partnership, WildFire expanded its position through a series of strategic acquisitions, starting with the acquisition of Hawkwood Energy in 2021, as well as a highly effective organic growth strategy. Today, the Company produces 53 Mboe/d (~70% oil) across ~810,000 net acres and has built a leading platform characterized by top-tier well performance, inventory depth, capital efficiency, and strong free cash flow generation.
"Our team has worked hard to build a differentiated business with high-quality assets, disciplined operations and a strong culture of execution. We are excited for the opportunities ahead for Magnolia and believe this transaction positions the asset for continued success," said Anthony Bahr, Chief Executive Officer of WildFire. "We appreciate the support and partnership of Kayne Anderson and Warburg Pincus, which have been instrumental in helping WildFire grow into the platform it is today," added Steve Habachy, President and Chief Operating Officer of WildFire.
"WildFire represents a rare combination of high-quality underdeveloped assets, market opportunity and a strong management team with the unique capabilities to acquire, optimize and scale oil and gas assets," said Ryan Dalton, Managing Director at Warburg Pincus. "Anthony, Steve, Drew, and the broader WildFire team have executed that strategy with discipline and focus, building a differentiated platform with significant scale, strong performance and durable growth potential. We are proud to have supported WildFire's development and believe Magnolia is an excellent steward for the Company's next chapter," added Jeff Luse, Managing Director at Warburg Pincus.
"WildFire built one of the premier privately-owned upstream businesses in North America through thoughtful acquisitions, operational excellence and a relentless focus on long-term value creation. This extraordinary outcome reflects the vision, hard work and dedication of WildFire's management team and we are proud to have partnered with them at Kayne Anderson," said Danny Weingeist, Managing Partner at Kayne Anderson. "It has been a privilege to partner with Anthony, Steve, Drew and the entire WildFire team to build a truly differentiated company, and we are incredibly proud of what we accomplished together. We congratulate the entire WildFire organization on this outstanding achievement and wish Magnolia continued success with these exceptional assets," added Mark Teshoian, Managing Partner at Kayne Anderson.
The proposed transaction is subject to customary closing conditions and regulatory approvals, with anticipated closing in late-Q3 2026.
In connection with the sale, WildFire has retained Jefferies LLC and BofA Securities, Inc. as financial advisors. Troutman Pepper Locke served as WildFire's legal advisor.
About WildFire Energy
WildFire Energy is an independent energy company headquartered in Houston, Texas, focused on the acquisition, development and optimization of oil and gas assets in the Austin Chalk, Eagle Ford and Woodbine formations. The Company was formed in 2019 with funding from Warburg Pincus, Kayne Anderson and management.
About Warburg Pincus
Warburg Pincus LLC is the pioneer of global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $105 billion in assets under management, and more than 225 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,100 companies across its private equity, real estate, and capital solutions strategies.
The firm is headquartered in New York with more than 15 offices globally. For more information, please visit www.warburgpincus.com or follow us on LinkedIn and YouTube.
About Kayne Anderson
Kayne Anderson, founded in 1984, is a leading alternative investment management firm focused on real estate, credit, infrastructure, and energy. With a team defined by an entrepreneurial and resilient culture, Kayne Anderson's investment philosophy is to pursue cash flow-oriented niche strategies where knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. Kayne manages $41 billion in assets (as of 3/31/2026) for institutional investors, family offices, high net worth and retail clients and employs 350 professionals. For more information, please visit www.kaynecapital.com.
About Magnolia Oil & Gas
Magnolia (MGY) is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its disciplined and efficient philosophy toward capital spending. The Company strives to generate high pre‐tax margins and consistent free cash flow allowing for strong cash returns to our shareholders. For more information, visit www.magnoliaoilgas.com.
Media Contacts
Warburg Pincus
Sarah Bloom, Director, Communications
[email protected]
Kayne Anderson
Gracie Hanson, Managing Director, Marketing
[email protected]
California Public Employees Retirement System lowered its stake in Church & Dwight Co., Inc. (NYSE:CHD – Free Report) by 14.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 533,123 shares of the company’s stock after selling 87,885 shares during the period. California Public Employees Retirement System owned approximately 0.23% of Church & Dwight worth $49,751,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Godfrey Financial Associates Inc. bought a new position in Church & Dwight during the fourth quarter valued at about $25,000. Elyxium Wealth LLC bought a new position in Church & Dwight during the 4th quarter valued at about $26,000. DV Equities LLC acquired a new position in shares of Church & Dwight in the 4th quarter worth approximately $28,000. Field & Main Bank acquired a new position in Church & Dwight in the fourth quarter worth $29,000. Finally, GW&K Investment Management LLC grew its holdings in Church & Dwight by 83.0% during the 4th quarter. GW&K Investment Management LLC now owns 344 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the last quarter. 86.60% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth Several equities research analysts have recently commented on CHD shares. Barclays lowered their price target on shares of Church & Dwight from $85.00 to $80.00 and set an “underweight” rating for the company in a research report on Tuesday, April 14th. Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 price objective on shares of Church & Dwight in a report on Monday, June 1st. JPMorgan Chase & Co. upped their target price on shares of Church & Dwight from $99.00 to $105.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $109.00 price target on shares of Church & Dwight in a research note on Monday, May 4th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $110.00 target price (up from $105.00) on shares of Church & Dwight in a research report on Wednesday, July 8th. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $103.47.
View Our Latest Stock Analysis on Church & Dwight
Church & Dwight Stock Down 0.3% NYSE:CHD opened at $97.76 on Tuesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.22 and a quick ratio of 0.81. Church & Dwight Co., Inc. has a one year low of $81.33 and a one year high of $106.04. The company has a market cap of $23.16 billion, a PE ratio of 32.16, a P/E/G ratio of 3.53 and a beta of 0.47. The firm’s 50 day simple moving average is $96.67 and its 200 day simple moving average is $95.83.
Church & Dwight (NYSE:CHD – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.02. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Church & Dwight had a net margin of 11.81% and a return on equity of 20.51%. The business’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 earnings per share. Church & Dwight has set its Q2 2026 guidance at 0.880-0.880 EPS and its FY 2026 guidance at 3.710-3.810 EPS. On average, research analysts anticipate that Church & Dwight Co., Inc. will post 3.74 earnings per share for the current year.
Church & Dwight Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were issued a $0.3075 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, May 15th. Church & Dwight’s payout ratio is 40.46%.
Insider Activity In related news, EVP Carlos G. Linares sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $99.71, for a total value of $997,100.00. Following the sale, the executive vice president directly owned 4,668 shares of the company’s stock, valued at $465,446.28. This trade represents a 68.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ravichandra Krishnamu Saligram sold 12,960 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $98.00, for a total value of $1,270,080.00. Following the completion of the sale, the director owned 13,653 shares of the company’s stock, valued at $1,337,994. The trade was a 48.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 47,680 shares of company stock worth $4,672,190. 1.20% of the stock is owned by insiders.
Church & Dwight Profile (Free Report)
Church & Dwight Co, Inc is a U.S.-based consumer products company best known for its Arm & Hammer baking soda business. Founded in 1846 with the manufacture and marketing of sodium bicarbonate, the company has grown into a diversified maker and marketer of household, personal care and specialty products. Church & Dwight is publicly traded on the New York Stock Exchange under the ticker CHD and is headquartered in Ewing, New Jersey.
The company’s portfolio spans a range of categories including household cleaning and laundry, oral care, personal care, sexual wellness and health & wellness.
Recommended Stories Five stocks we like better than Church & Dwight The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding CHD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Church & Dwight Co., Inc. (NYSE:CHD – Free Report).
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A securities fraud class action lawsuit has been filed on behalf of Planet Fitness investors after its stock dropped over 31% relating to Planet Fitness's failed marketing campaign that alienated the company's core market, casual gym-goers, and led to disappointing membership growth during the key Q1 sign-up period.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Planet Fitness, Inc. (NYSE:PLNT) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in Planet Fitness, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit.
Key Details of the Planet Fitness ($PLNT) Class Action Lawsuit:
Lead Plaintiff Deadline: September 14, 2026 Alleged Misconduct: Securities fraud relating to Planet Fitness's failed marketing campaign that led to disappointing membership growth during the key Q1 sign-up period Stock Drop: May 7, 2026 – 31% Stock Drop Court: U.S. District Court for the District of New Hampshire Take Action: Contact BFA Law to discuss your rights Investors have until September 14, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Planet Fitness common stock. The class action is pending in the U.S. District Court for the District of New Hampshire. It is captioned Matsunaga v. Planet Fitness, Inc., et al., No. 26-cv-00576.
Why is Planet Fitness Being Sued for Securities Fraud?
Planet Fitness is a large franchisor and operator of fitness centers across the United States. The company aims to offer a fitness experience in a non-intimidating environment, which it calls the Judgement Free Zone.
The complaint alleges that throughout the relevant period, Planet Fitness misrepresented the success of its marketing campaign to focus on "fitness-minded" members. For instance, Planet Fitness told investors that it "continue[d] to lean into our 'we are all strong on this Planet' campaign." Planet Fitness also stated that "[b]ecause this campaign resonated so strongly last year, we extended it into 2026."
In truth, Planet Fitness's marketing campaign alienated fitness beginners and more casual gym-goers, which traditionally had been the company's focus and would be forced to restructure its marketing strategy. This caused the company to halt planned increases which its sales projections were premised on.
Why did Planet Fitness's Stock Drop?
On May 7, 2026, Planet Fitness released its Q1 2026 financial results. The company announced disappointing membership growth and cut 2026 revenue growth guidance from approximately 9% to about 7% and adjusted EBITDA growth guidance from roughly 10% to approximately 6%. During the same-day earnings call, the company stated that its marketing "may have pivoted too far" as the company "shift[ed] from [its] lighthearted approachable tone" to one that "increased penetration with the fitness-minded." As such it announced that, "we are pausing the planned national Black Card price increase pending a broader pricing review."
This news caused the price of Planet Fitness stock to decline $19.95 per share, or 31%, from a closing price of $63.96 per share on May 6, 2026, to $44.01 per share on May 7, 2026.
Click here for more information: https://www.bfalaw.com/cases/planet-fitness-class-action-lawsuit.
What Can You Do?
If you invested in Planet Fitness, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Bessemer Group Inc. raised its position in Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report) by 60.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,116 shares of the basic materials company’s stock after purchasing an additional 22,233 shares during the quarter. Bessemer Group Inc. owned 0.12% of Cal-Maine Foods worth $4,680,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its stake in Cal-Maine Foods by 10.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 87,853 shares of the basic materials company’s stock worth $7,323,000 after acquiring an additional 8,283 shares in the last quarter. Independent Financial Group LLC purchased a new stake in Cal-Maine Foods during the first quarter worth about $1,194,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in Cal-Maine Foods by 28.2% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,774 shares of the basic materials company’s stock worth $378,000 after purchasing an additional 1,051 shares during the period. Principal Financial Group Inc. lifted its position in shares of Cal-Maine Foods by 5.8% during the first quarter. Principal Financial Group Inc. now owns 308,580 shares of the basic materials company’s stock worth $24,424,000 after purchasing an additional 16,901 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of Cal-Maine Foods by 11,570.6% during the first quarter. Fifth Third Bancorp now owns 46,799 shares of the basic materials company’s stock worth $3,704,000 after purchasing an additional 46,398 shares in the last quarter. 84.67% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Cal-Maine Foods in a report on Wednesday, July 8th. Stephens reduced their target price on shares of Cal-Maine Foods from $90.00 to $85.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 14th. Royal Bank Of Canada set a $100.00 price target on shares of Cal-Maine Foods in a research report on Tuesday, May 26th. BMO Capital Markets cut their price objective on Cal-Maine Foods from $85.00 to $80.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 25th. Finally, Benchmark reiterated a “buy” rating on shares of Cal-Maine Foods in a research note on Monday, July 13th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Cal-Maine Foods has an average rating of “Hold” and an average target price of $94.29.
View Our Latest Research Report on CALM
Cal-Maine Foods Trading Down 0.1% Shares of CALM opened at $88.42 on Tuesday. Cal-Maine Foods, Inc. has a twelve month low of $71.92 and a twelve month high of $126.40. The firm’s fifty day simple moving average is $79.76 and its 200-day simple moving average is $80.24. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 6.16 and a beta of 0.25.
Cal-Maine Foods Company Profile (Free Report)
Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names. It sells its products to various customers, including national and regional grocery store chains, club stores, independent supermarkets, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States.
Featured Stories Five stocks we like better than Cal-Maine Foods 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 CALM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report).
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, /PRNewswire/ -- Equifax® (NYSE: EFX) today announced financial results for the quarter ended June 30, 2026.
Second quarter reported revenue of $1.700 billion, up a strong 11% with 10% local currency revenue growth. Diversified markets revenue up 7% on a reported basis, up 6% in local currency, with strong performances in Workforce Solutions and USIS. Workforce Solutions second quarter revenue up 7%. Verification Services revenue up 7% led by high double digit revenue growth in Talent Solutions and Consumer Lending. Strong execution in Government with agreements signed in First Half totaling about $300 million in annual contract value. USIS second quarter revenue up strong 17% with Diversified Markets revenue growth accelerating sequentially over 300 basis points to 6%. USIS Mortgage revenue up 40%. International second quarter revenue up 8% on a reported basis. Local currency revenue growth up 4% with high single digit revenue growth in Asia Pacific and mid single digit growth in Canada. Second quarter U.S. Mortgage revenue up very strong 25%. New Product Innovation leveraging the EFX Cloud, EFX.AI, and proprietary data delivered strong 16% new product Vitality Index. Doubling 2026-2028 AI-driven cost reduction target to $150 million. Returned $366 million in cash to shareholders through share repurchases and quarterly dividend. Signed a definitive agreement to acquire Círculo de Crédito, the fastest growing credit bureau in Mexico, for an enterprise value of $750 million. Expected to close in the fourth quarter of 2026. "Equifax delivered a strong second quarter performance executing on our EFX2028 Strategic Priorities with reported revenue of $1.700 billion, up 11% on a reported basis, with 10% local currency revenue growth enabled by a 16% new product Vitality Index, above our 10% long-term goal, with double digit Vitality across all business units. Diversified Markets local currency revenue growth of 6% reflects strong revenue growth in Workforce Solutions and USIS. U.S. Mortgage revenue grew 25% and in line with our expectations despite higher mortgage rates throughout the second quarter.
Workforce Solutions delivered 7% revenue growth, with Diversified Markets growth of 6% led by strong high double digit growth in Talent Solutions and Consumer Lending. The Workforce Solutions Government team continues to execute well, signing new contract wins and renewals totaling about $300 million in annual contract value in the first half of 2026 that will principally benefit 2027 and beyond. Workforce Solutions Mortgage revenue was up 8%. USIS delivered strong revenue growth of 17%, with Diversified Markets revenue growth of 6%, which was up over 300 basis points sequentially and very strong 40% Mortgage revenue growth. International delivered 4% local currency revenue growth with high single digit revenue growth in Asia Pacific and mid single digit growth in Canada.
Equifax is on offense deploying EFX.AI to deliver higher-performing products, models and scores while driving AI agents and tools across our operations, technology, and support teams for productivity. We are doubling our AI-driven cost reduction goal set earlier in the year to $150 million from 2026 to 2028, reflecting the accelerating momentum deploying AI across EFX to drive speed, accuracy, and productivity.
Equifax signed a definitive agreement to acquire Círculo de Crédito, the fastest growing credit bureau in Mexico, for an enterprise value of $750 million. The acquisition fits perfectly in our balanced capital allocation framework, with our focus on highly accretive bolt-on acquisitions while continuing significant ongoing return of capital to shareholders and maintaining our strong investment grade balance sheet. Equifax returned $366 million of cash to shareholders in the quarter, including repurchasing 1.8 million shares, or about 1% of shares outstanding, for $300 million and paying $66 million in quarterly dividends," said Mark W. Begor, Equifax Chief Executive Officer.
"Equifax is fundamentally a different company on how we go to market from Technology to Data & Analytics, EFX.AI capabilities, product focus, and AI-driven Operations all leveraging our Cloud technology investment and patented EFX.AI products and D&A capabilities. Equifax's scale proprietary data is the foundation of our AI data moat and a big competitive advantage, and we are expanding our capabilities to leverage our unique, non-public data assets with EFX.AI and our Agentic AI capabilities to rapidly deliver higher-performing scores, models, and multi-market products to help our customers grow.
Our strong second quarter results reflect the resiliency of the broad-based Equifax business model in an increasingly uncertain economy. We are energized about the New Equifax and we expect to deliver higher growth, margins, and accelerating free cash flow, and returning cash to shareholders in the future."
Financial Results Summary
The Company reported revenue of $1,700.1 million in the second quarter of 2026, up 11% and 10% on a reported and local currency basis, respectively, compared to the second quarter of 2025.
Net income attributable to Equifax of $183.9 million was down 4% in the second quarter of 2026 compared to $191.3 million in the second quarter of 2025.
Diluted EPS attributable to Equifax was $1.54 per share in the second quarter of 2026, up 1% compared to $1.53 per share in the second quarter of 2025.
Workforce Solutions Second Quarter Results
Total revenue was $705.4 million in the second quarter of 2026, up 7% compared to the second quarter of 2025. Operating margin for Workforce Solutions was 44.9% in the second quarter of 2026 compared to 46.4% in the second quarter of 2025. Adjusted EBITDA margin for Workforce Solutions was 52.1% in the second quarter of 2026 compared to 53.3% in the second quarter of 2025. Verification Services revenue was $607.6 million, up 7% compared to the second quarter of 2025. Employer Services revenue was $97.8 million, up 3% compared to the second quarter of 2025. USIS Second Quarter Results
Total revenue was $611.6 million in the second quarter of 2026, up 17% compared to the second quarter of 2025. Operating margin for USIS was 22.5% in the second quarter of 2026 compared to 22.6% in the second quarter of 2025. Adjusted EBITDA margin for USIS was 32.8% in the second quarter of 2026 compared to 35.0% in the second quarter of 2025. Online Information Solutions revenue was $545.4 million, up 19% compared to the second quarter of 2025. Financial Marketing Services revenue was $66.2 million, up 4% compared to the second quarter of 2025. International Second Quarter Results
Total revenue was $383.1 million in the second quarter of 2026, up 8% and up 4% compared to the second quarter of 2025 on a reported and local currency basis, respectively. Operating margin for International was 12.1% in the second quarter of 2026 compared to 10.9% in the second quarter of 2025. Adjusted EBITDA margin for International was 27.6% in the second quarter of 2026 compared to 26.4% in the second quarter of 2025. Latin America revenue was $109.0 million, up 9% compared to the second quarter of 2025 on a reported basis and up 3% on a local currency basis. Europe revenue was $101.1 million, up 2% compared to the second quarter of 2025 on a reported basis and up 1% on a local currency basis. Asia Pacific revenue was $99.7 million, up 17% compared to the second quarter of 2025 on a reported basis and up 7% on a local currency basis. Canada revenue was $73.3 million, up 6% compared to the second quarter of 2025 on a reported and local currency basis. Adjusted EPS and Adjusted EBITDA Margin
Adjusted EPS attributable to Equifax was $2.25 in the second quarter of 2026, up 13% compared to the second quarter of 2025. Adjusted EBITDA margin was 32.5% in the second quarter of 2026, flat compared to the second quarter of 2025. These financial measures exclude certain items as described further in the Non-GAAP Financial Measures section below. 2026 Third Quarter and Full Year Guidance
Q3 2026
FY 2026
Low-End
High-End
Low-End
High-End
Reported Revenue
$1.680 billion
$1.710 billion
$6.710 billion
$6.780 billion
Reported Revenue Growth
8.7 %
10.7 %
10.5 %
11.6 %
Local Currency Growth (1)
8.4 %
10.4 %
9.8 %
10.9 %
Organic Local Currency Growth (1)
8.3 %
10.3 %
9.7 %
10.8 %
Adjusted Earnings Per Share
$2.15 per share
$2.25 per share
$8.39 per share
$8.69 per share
(1) Refer to page 9 for definitions. Additionally, the definitions can be found in the Non-GAAP Financial Measures below.
About Equifax
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by approximately 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
Earnings Conference Call and Audio Webcast
In conjunction with this release, Equifax will host a conference call on July 21, 2026 at 8:30 a.m. (ET) via a live audio webcast. To access the webcast and related presentation materials, go to the Investor Relations section of our website at www.equifax.com. The discussion will be available via replay at the same site shortly after the conclusion of the webcast. This press release is also available at that website.
Non-GAAP Financial Measures
This earnings release presents adjusted EPS attributable to Equifax which is diluted EPS attributable to Equifax adjusted (to the extent noted above for different periods) for acquisition-related amortization expense of certain acquired intangibles, accrual for legal and regulatory matters related to the 2017 cybersecurity incident, gain on sale of an equity investment, foreign currency impact of certain intercompany loans, acquisition-related costs other than acquisition amortization, income tax effect of stock awards recognized upon vesting or settlement, Argentina highly inflationary foreign currency adjustment, realignment of resources and other costs, antitrust litigation costs and an accrual for a legal settlement. All adjustments are net of tax, with a reconciling item with the aggregated tax impact of the adjustments. This earnings release also presents (i) adjusted EBITDA and adjusted EBITDA margin, which is defined as consolidated net income attributable to Equifax plus net interest expense, income taxes, depreciation and amortization, and also excludes certain one-time items, (ii) local currency revenue change, which is calculated by conforming 2026 results using 2025 exchange rates, (iii) organic local currency revenue growth, which is defined as local currency revenue growth, adjusted to reflect an increase in prior year Equifax revenue from the revenue of acquired companies in the prior year period, (iv) free cash flow, which is defined as cash provided by operating activities less capital expenditures, and (v) cash conversion, which is defined as the ratio of free cash flow to adjusted net income. These are important financial measures for Equifax but are not financial measures as defined by GAAP.
These non-GAAP financial measures should be reviewed in conjunction with the relevant GAAP financial measures and are not presented as an alternative measure of net income or EPS as determined in accordance with GAAP.
Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures and related notes are presented in the Q&A. This information can also be found under "Investor Relations/Financial Information/Non-GAAP Financial Measures" on our website at www.equifax.com.
Forward-Looking Statements
This release contains forward-looking statements and forward-looking information. These statements can be identified by expressions of belief, expectation or intention, as well as statements that are not historical fact. These statements are based on certain factors and assumptions including with respect to foreign exchange rates, revenue growth, results of operations and financial performance, strategic initiatives, business plans, prospects and opportunities, the U.S. mortgage market, economic conditions and effective tax rates.
While Equifax believes these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Several factors could cause actual results to differ materially from those expressed or implied in the forward-looking statements. These factors relate to (i) actions taken by us, including, but not limited to, restructuring actions, strategic initiatives (such as our cloud technology transformation), capital investments and asset acquisitions or dispositions, as well as (ii) developments beyond our control, including, but not limited to, changes in the U.S. mortgage market environment and changes more generally in U.S. and worldwide economic conditions (including resulting from changes in interest rates and inflation levels, the evolving impact of tariffs and geopolitical conflicts) that materially impact consumer spending, home prices, investment values, consumer debt, unemployment rates and the demand for Equifax's products and services. Deteriorations in economic conditions or increases in interest rates could lead to a decline in demand for our products and services and negatively impact our business. It may also impact financial markets and corporate credit markets, which could adversely impact our access to financing or the terms of any financing.
Other risk factors relevant to our business include: (i) any compromise of Equifax, customer or consumer information due to security breaches and other disruptions to our information technology infrastructure; (ii) the failure to achieve and maintain key industry or technical certifications; (iii) the failure to realize the anticipated benefits of our cloud technology transformation strategy; (iv) operational disruptions and strain on our resources caused by our transition to cloud-based technologies; (v) our ability to meet customer requirements for high system availability and response time performance; (vi) effects on our business if we provide inaccurate or unreliable data to customers; (vii) our ability to maintain access to credit, employment, financial and other data from external sources; (viii) the impact of competition; (ix) our ability to maintain relationships with key customers and business partners; (x) our ability to successfully introduce new products, services and analytical capabilities; (xi) the impact on the demand for some of our products and services due to the availability of free or less expensive consumer information; (xii) our ability to comply with our obligations under settlement agreements arising out of a material cybersecurity incident in 2017; (xiii) potential adverse developments in new and pending legal proceedings, government investigations and regulatory enforcement actions; (xiv) changes in, and the effects of, laws, regulations and government policies governing our business, including oversight by the Consumer Financial Protection Bureau in the U.S., the U.K. Financial Conduct Authority and Information Commissioner's Office in the U.K., and the Office of Australian Information Commission and the Australian Competition and Consumer Commission in Australia; (xv) the impact of privacy, cybersecurity, artificial intelligence or other data-related laws and regulations; (xvi) the economic, political and other risks associated with international sales and operations; (xvii) the impact on our reputation and business from our responsible business commitments and disclosures; (xviii) our ability to realize the anticipated strategic and financial benefits from our acquisitions, joint ventures and other alliances; (xix) any damage to our reputation due to our dependence on outsourcing certain portions of our operations; (xx) the termination or suspension of our government contracts; (xxi) the impact of infringement or misappropriation of intellectual property by us against third parties or by third parties against us; (xxii) an increase in our cost of borrowing and our ability to access the capital markets due to a credit rating downgrade; (xxiii) our ability to hire and retain key personnel; (xxiv) the impact of adverse changes in the financial markets and corresponding effects on our retirement and post-retirement pension plans; (xxv) the impact of health epidemics, pandemics and similar outbreaks on our business; and (xxvi) risks associated with our use of certain artificial intelligence and machine learning models and systems.
A summary of additional risks and uncertainties can be found in our Annual Report on Form 10-K for the year ended December 31, 2025 including without limitation under the captions "Item 1. Business -- Governmental Regulation," "-- Forward-Looking Statements" and "Item 1A. Risk Factors" and in our other filings with the U.S. Securities and Exchange Commission. Forward-looking statements are given only as at the date of this release and Equifax disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
EQUIFAX INC.
CONSOLIDATED STATEMENTS OF INCOME
Three Months Ended June 30,
2026
2025
(In millions, except per share amounts)
Operating revenue
$ 1,700.1
$ 1,537.0
Operating expenses:
Cost of services (exclusive of depreciation and amortization below)
773.7
664.6
Selling, general and administrative expenses
422.5
384.2
Depreciation and amortization
189.7
177.4
Total operating expenses
1,385.9
1,226.2
Operating income
314.2
310.8
Interest expense
(59.8)
(53.1)
Other income, net
2.5
3.6
Consolidated income before income taxes
256.9
261.3
Provision for income taxes
(71.8)
(68.7)
Consolidated net income
185.1
192.6
Less: Net income attributable to noncontrolling interests including redeemable
noncontrolling interests
(1.2)
(1.3)
Net income attributable to Equifax
$ 183.9
$ 191.3
Basic earnings per common share:
Net income attributable to Equifax
$ 1.55
$ 1.54
Weighted-average shares used in computing basic earnings per share
118.4
124.0
Diluted earnings per common share:
Net income attributable to Equifax
$ 1.54
$ 1.53
Weighted-average shares used in computing diluted earnings per share
119.2
125.0
Dividends per common share
$ 0.56
$ 0.50
EQUIFAX INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
June 30, 2026
December 31, 2025
(In millions, except par values)
(Unaudited)
ASSETS
Current assets:
Cash and cash equivalents
$ 170.1
$ 180.8
Trade accounts receivable, net of allowance for doubtful accounts of $20.5 and $20.2 at June 30, 2026
and December 31, 2025, respectively
1,104.0
1,012.7
Prepaid expenses
166.5
144.2
Other current assets
140.7
74.5
Total current assets
1,581.3
1,412.2
Property and equipment:
Capitalized internal-use software and system costs
2,885.9
3,098.2
Data processing equipment and furniture
231.5
239.3
Land, buildings and improvements
296.7
299.6
Total property and equipment
3,414.1
3,637.1
Less accumulated depreciation and amortization
(1,484.9)
(1,704.7)
Total property and equipment, net
1,929.2
1,932.4
Goodwill
6,792.8
6,745.7
Indefinite-lived intangible assets
94.7
94.8
Purchased intangible assets, net
1,224.2
1,331.3
Other assets, net
359.6
347.8
Total assets
$ 11,981.8
$ 11,864.2
LIABILITIES AND EQUITY
Current liabilities:
Short-term debt and current maturities of long-term debt
$ 1,410.3
$ 1,038.0
Accounts payable
126.6
206.4
Accrued expenses
331.0
276.3
Accrued salaries and bonuses
165.9
286.1
Deferred revenue
101.2
101.2
Other current liabilities
490.5
427.4
Total current liabilities
2,625.5
2,335.4
Long-term debt
4,056.8
4,055.3
Deferred income tax liabilities, net
424.5
390.8
Long-term pension and other postretirement benefit liabilities
Common stock, $1.25 par value: Authorized shares - 300.0;
Issued shares - 189.3 at June 30, 2026 and December 31, 2025;
Outstanding shares - 117.6 and 120.4 at June 30, 2026 and December 31, 2025, respectively
236.6
236.6
Paid-in capital
2,082.7
2,023.4
Retained earnings
6,666.3
6,445.1
Accumulated other comprehensive loss
(460.1)
(517.1)
Treasury stock, at cost, 71.1 and 68.3 shares at June 30, 2026 and December 31, 2025, respectively
(4,139.4)
(3,577.8)
Stock held by employee benefits trusts, at cost, 0.6 shares at June 30, 2026 and December 31, 2025
(5.9)
(5.9)
Total Equifax shareholders' equity
4,380.2
4,604.3
Noncontrolling interests
18.2
19.5
Total shareholders' equity
4,398.4
4,623.8
Total liabilities, redeemable noncontrolling interests, and shareholders' equity
$ 11,981.8
$ 11,864.2
EQUIFAX INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
Six Months Ended June 30,
2026
2025
(In millions)
(Unaudited)
Operating activities:
Consolidated net income
$ 358.4
$ 326.4
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Depreciation and amortization
376.2
355.7
Stock-based compensation expense
60.5
46.6
Deferred income taxes
38.0
(7.3)
Gain on sale of equity investment
—
(0.8)
Changes in assets and liabilities, excluding effects of acquisitions:
Accounts receivable, net
(91.2)
(69.0)
Other assets, current and long-term
(119.3)
(24.8)
Current and long term liabilities, excluding debt
(40.9)
(41.8)
Cash provided by operating activities
581.7
585.0
Investing activities:
Capital expenditures
(255.4)
(229.4)
Cash received from divestitures
—
0.8
Cash used in investing activities
(255.4)
(228.6)
Financing activities:
Net short-term borrowings (payments)
647.8
(115.9)
Payments on long-term debt
(276.4)
—
Treasury stock purchases
(560.0)
(127.4)
Payment of share repurchase excise tax
(8.3)
—
Dividends paid to Equifax shareholders
(133.5)
(110.5)
Distributions paid to noncontrolling interests
(5.6)
(4.2)
Proceeds from exercise of stock options and employee stock purchase plan
16.8
24.4
Payment of taxes related to settlement of equity awards
(15.4)
(13.2)
Debt issuance costs
(0.3)
—
Cash used in financing activities
(334.9)
(346.8)
Effect of foreign currency exchange rates on cash and cash equivalents
(2.1)
9.5
(Decrease) increase in cash and cash equivalents
(10.7)
19.1
Cash and cash equivalents, beginning of period
180.8
169.9
Cash and cash equivalents, end of period
$ 170.1
$ 189.0
Common Questions & Answers (Unaudited)
(Dollars in millions)
1. Can you provide a further analysis of operating revenue by operating segment?
Operating revenue consists of the following components:
(In millions)
Three Months Ended June 30,
Local
Currency
Organic
Local
Currency
Operating revenue:
2026
2025
$ Change
% Change
% Change (1)
% Change (2)
Verification Services
$ 607.6
$ 567.1
$ 40.5
7 %
7 %
Employer Services
97.8
95.0
2.8
3 %
3 %
Total Workforce Solutions
705.4
662.1
43.3
7 %
6 %
Online Information Solutions
545.4
457.8
87.6
19 %
19 %
Financial Marketing Services
66.2
63.7
2.5
4 %
4 %
Total U.S. Information Solutions
611.6
521.5
90.1
17 %
17 %
Latin America
109.0
99.6
9.4
9 %
3 %
3 %
Europe
101.1
99.2
1.9
2 %
1 %
1 %
Asia Pacific
99.7
85.3
14.4
17 %
7 %
7 %
Canada
73.3
69.3
4.0
6 %
6 %
6 %
Total International
383.1
353.4
29.7
8 %
4 %
4 %
Total operating revenue
$ 1,700.1
$ 1,537.0
$ 163.1
11 %
10 %
9 %
(1)
Local currency revenue change is calculated by conforming 2026 results using 2025 exchange rates.
(2)
Organic local currency revenue growth is defined as local currency revenue growth, adjusted to reflect an increase in prior year Equifax revenue from the revenue of acquired companies in the prior year period. This adjustment is made for 12 months following the acquisition.
Reconciliations of Non-GAAP Financial Measures to the Comparable GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share amounts)
A. Reconciliation of net income attributable to Equifax to adjusted net income attributable to Equifax and adjusted diluted EPS attributable to Equifax, defined as net income and EPS, respectively, each adjusted for acquisition-related amortization expense of certain acquired intangibles, accrual for legal and regulatory matters related to the 2017 cybersecurity incident, gain on sale of an equity investment, foreign currency impact of certain intercompany loans, acquisition-related costs other than acquisition amortization, income tax effect of stock awards recognized upon vesting or settlement, Argentina highly inflationary foreign currency adjustment, realignment of resources and other costs, antitrust litigation costs, accrual for a legal settlement and aggregated tax impact of these adjustments:
Three Months Ended June 30,
(In millions, except per share amounts)
2026
2025
$ Change
% Change
Net income attributable to Equifax
$ 183.9
$ 191.3
$ (7.4)
(4) %
Acquisition-related amortization expense of certain acquired intangibles (1)
61.2
62.5
(1.3)
(2) %
Accrual for legal and regulatory matters related to the 2017 cybersecurity incident (2)
0.4
0.4
—
— %
Gain on sale of equity investment (3)
—
(0.8)
0.8
nm
Foreign currency impact of certain intercompany loans (4)
—
(0.1)
0.1
nm
Acquisition-related costs other than acquisition amortization (5)
7.0
6.1
0.9
15 %
Income tax effects of stock awards that are recognized upon vesting or settlement (6)
—
(0.7)
0.7
nm
Argentina highly inflationary foreign currency adjustment (7)
0.6
1.3
(0.7)
(54) %
Realignment of resources and other costs (8)
—
4.6
(4.6)
nm
Antitrust litigation costs (9)
0.6
—
0.6
nm
Accrual for a legal settlement (10)
40.0
—
40.0
nm
Tax impact of adjustments (11)
(25.1)
(14.9)
(10.2)
68 %
Adjusted net income attributable to Equifax
$ 268.6
$ 249.7
$ 18.9
8 %
Adjusted diluted EPS attributable to Equifax
$ 2.25
$ 2.00
$ 0.25
13 %
Weighted-average shares used in computing diluted EPS
119.2
125.0
nm - not meaningful
(1)
During the second quarter of 2026, we recorded acquisition-related amortization expense of certain acquired intangibles of $61.2 million ($48.9 million, net of tax). We calculate this financial measure by excluding the impact of acquisition-related amortization expense and including a benefit to reflect the significant cash income tax savings resulting from the income tax deductibility of amortization for certain acquired intangibles. The $12.3 million of tax is comprised of $16.3 million of tax expense, net of $4.0 million of a cash income tax benefit. During the second quarter of 2025, we recorded acquisition-related amortization expense of certain acquired intangibles of $62.5 million ($50.0 million, net of tax). The $12.5 million of tax is comprised of $16.6 million of tax expense, net of $4.1 million of a cash income tax benefit. See the Notes to this reconciliation for additional detail.
(2)
During the second quarter of 2026 and 2025, we recorded an accrual for legal and regulatory matters related to the 2017 cybersecurity incident of $0.4 million. See the Notes to this reconciliation for additional detail.
(3)
During the second quarter of 2025, we recorded a gain on sale of an equity investment of $0.8 million ($0.4 million), net of tax). The impact was recorded to the Other income, net line item within the Consolidated Statements of Income. See the Notes to this reconciliation for additional details.
(4)
During the second quarter of 2025, we recorded a foreign currency gain of $0.1 million on certain intercompany loans. The impact was recorded to the Other income, net line item within the Consolidated Statements of Income. See the Notes to this reconciliation for additional detail.
(5)
During the second quarter of 2026 and 2025, we recorded $7.0 million ($4.1 million, net of tax) and $6.1 million ($4.4 million, net of tax), respectively, for acquisition-related costs other than acquisition amortization. These costs primarily related to integration costs resulting from recent acquisition activity and were recorded in operating income. See the Notes to this reconciliation for additional detail.
(6)
During the second quarter of 2025, we recorded a tax benefit of $0.7 million related to the tax effects of deductions for stock compensation in excess of amounts recorded for compensation costs. See the Notes to this reconciliation for additional detail.
(7)
Argentina experienced multiple periods of increasing inflation rates, devaluation of the peso, and increasing borrowing rates. As such, Argentina was deemed a highly inflationary economy by accounting policymakers. During the second quarter of 2026 and 2025, we recorded a foreign currency loss of $0.6 million and $1.3 million, respectively, related to the impact of remeasuring the peso denominated monetary assets and liabilities as a result of Argentina being a highly inflationary economy. See the Notes to this reconciliation for additional detail.
(8)
During the second quarter of 2025, we recorded $4.6 million ($3.5 million, net of tax) of restructuring charges related to contract terminations, which relate to our efforts to complete our cloud technology transformation. See the Notes to this reconciliation for additional detail.
(9)
During the second quarter of 2026, we recorded costs related to antitrust litigation pertaining to our Workforce Solutions business unit in the amount of $0.6 million ($0.5 million, net of tax). See the Notes to this reconciliation for additional detail.
(10)
During the second quarter of 2026, we recorded an accrual of $100.0 million, which net of expected insurance proceeds of $60.0 million, resulted in a charge of $40.0 million ($30.2 million, net of tax), for a legal settlement associated with the resolution of claims related to a previously-disclosed coding issue. See the Notes to this reconciliation for additional detail.
(11)
During the second quarter of 2026, we recorded the tax impact of adjustments of $25.1 million comprised of (i) acquisition-related amortization expense of certain acquired intangibles of $12.3 million ($16.3 million of tax expense, net of $4.0 million of cash income tax benefit), (ii) a tax adjustment of $2.9 million related to acquisition-related costs other than acquisition amortization, (iii) a tax adjustment of $0.1 million related to antitrust litigation costs and (iv) a tax adjustment of $9.8 million related to an accrual for a legal settlement.
During the second quarter of 2025, we recorded the tax impact of adjustments of $14.9 million comprised of (i) acquisition-related amortization expense of certain acquired intangibles of $12.5 million ($16.6 million of tax expense, net of $4.1 million of cash income tax benefit), (ii) a tax adjustment of $0.4 million related to the gain on sale of an equity investments, (iii) a tax adjustment of $1.7 million related to acquisition-related costs other than acquisition amortization, and (iv) a tax adjustment of $1.1 million related to restructuring charges.
B. Reconciliation of net income attributable to Equifax to adjusted EBITDA, defined as net income excluding income taxes, interest expense, net, depreciation and amortization expense, accrual for legal and regulatory matters related to the 2017 cybersecurity incident, gain on sale of an equity investment, foreign currency impact of certain intercompany loans, acquisition-related costs other than acquisition amortization, Argentina highly inflationary foreign currency adjustment, realignment of resources and other costs, antitrust litigation costs, accrual for a legal settlement and presentation of adjusted EBITDA margin:
Three Months Ended June 30,
(In millions)
2026
2025
$ Change
% Change
Revenue
$ 1,700.1
$ 1,537.0
$ 163.1
11 %
Net income attributable to Equifax
$ 183.9
$ 191.3
$ (7.4)
(4) %
Income taxes
71.8
68.7
3.1
5 %
Interest expense, net*
58.1
50.4
7.7
15 %
Depreciation and amortization
189.7
177.4
12.3
7 %
Accrual for legal and regulatory matters related to 2017 cybersecurity incident (1)
0.4
0.4
—
— %
Gain on sale of equity investment (2)
—
(0.8)
0.8
nm
Foreign currency impact of certain intercompany loans (3)
—
(0.1)
0.1
nm
Acquisition-related costs other than acquisition amortization (4)
7.0
6.1
0.9
15 %
Argentina highly inflationary foreign currency adjustment (5)
0.6
1.3
(0.7)
(54) %
Realignment of resources and other costs (6)
—
4.6
(4.6)
nm
Antitrust litigation costs (7)
0.6
—
0.6
nm
Accrual for a legal settlement (8)
40.0
—
40.0
nm
Adjusted EBITDA, excluding the items listed above
$ 552.1
$ 499.3
$ 52.8
11 %
Adjusted EBITDA margin
32.5 %
32.5 %
nm - not meaningful
*Excludes interest income of $1.7 million in the second quarter of 2026 and $2.7 million in the second quarter of 2025.
(1)
During the second quarter of 2026 and 2025, we recorded an accrual for legal and regulatory matters related to the 2017 cybersecurity incident of $0.4 million. See the Notes to this reconciliation for additional detail.
(2)
During the second quarter of 2025, we recorded a gain on sale of an equity investment of $0.8 million ($0.4 million), net of tax). The impact was recorded to the Other income, net line item within the Consolidated Statements of Income. See the Notes to this reconciliation for additional details.
(3)
During the second quarter of 2025, we recorded a foreign currency gain of $0.1 million on certain intercompany loans. The impact was recorded to the Other income, net line item within the Consolidated Statements of Income. See the Notes to this reconciliation for additional detail.
(4)
During the second quarter of 2026 and 2025, we recorded $7.0 million ($4.1 million, net of tax) and $6.1 million ($4.4 million, net of tax), respectively, for acquisition-related costs other than acquisition amortization. These costs primarily related to integration costs resulting from recent acquisition activity and were recorded in operating income. See the Notes to this reconciliation for additional detail.
(5)
Argentina experienced multiple periods of increasing inflation rates, devaluation of the peso, and increasing borrowing rates. As such, Argentina was deemed a highly inflationary economy by accounting policymakers. During the second quarter of 2026 and 2025, we recorded a foreign currency loss of $0.6 million and $1.3 million, respectively, related to the impact of remeasuring the peso denominated monetary assets and liabilities as a result of Argentina being a highly inflationary economy. See the Notes to this reconciliation for additional detail.
(6)
During the second quarter of 2025, we recorded $4.6 million ($3.5 million, net of tax) of restructuring charges related to contract terminations, which relate to our efforts to complete our cloud technology transformation. See the Notes to this reconciliation for additional detail.
(7)
During the second quarter of 2026, we recorded costs related to antitrust litigation pertaining to our Workforce Solutions business unit in the amount of $0.6 million ($0.5 million net of tax). See the Notes to this reconciliation for additional detail.
(8)
During the second quarter of 2026, we recorded an accrual of $100.0 million, which, net of expected insurance proceeds of $60.0 million, resulted in a charge of $40.0 million ($30.2 million, net of tax), for a legal settlement associated with the resolution of claims related to a previously-disclosed coding issue. See the Notes to this reconciliation for additional detail.
C. Reconciliation of operating income by segment to Adjusted EBITDA, excluding depreciation and amortization expense, other income, net, noncontrolling interest, accrual for legal and regulatory matters related to the 2017 cybersecurity incident, gain on sale of an equity investment, foreign currency impact of certain intercompany loans, acquisition-related costs other than acquisition amortization, Argentina highly inflationary foreign currency adjustment, realignment of resources and other costs, antitrust litigation costs, accrual for a legal settlement and presentation of adjusted EBITDA margin for each of the segments:
(In millions)
Three Months Ended June 30, 2026
Workforce
Solutions
U.S.
Information
Solutions
International
General
Corporate
Expense
Total
Revenue
$ 705.4
$ 611.6
$ 383.1
—
$ 1,700.1
Operating income
316.7
137.8
46.3
(186.6)
314.2
Depreciation and amortization
49.6
61.9
53.5
24.7
189.7
Other income (expense), net*
—
0.5
1.5
(1.2)
0.8
Noncontrolling interest
—
—
(1.2)
—
(1.2)
Adjustments (1)
1.2
0.2
5.8
41.4
48.6
Adjusted EBITDA
$ 367.5
$ 200.4
$ 105.9
$ (121.7)
$ 552.1
Operating margin
44.9 %
22.5 %
12.1 %
nm
18.5 %
Adjusted EBITDA margin
52.1 %
32.8 %
27.6 %
nm
32.5 %
nm - not meaningful
*Excludes interest income of $1.1 million in International and $0.6 million in General Corporate Expense.
(In millions)
Three Months Ended June 30, 2025
Workforce
Solutions
U.S.
Information
Solutions
International
General
Corporate
Expense
Total
Revenue
$ 662.1
$ 521.5
$ 353.4
—
$ 1,537.0
Operating income
307.3
118.0
38.6
(153.1)
310.8
Depreciation and amortization
44.8
62.8
46.1
23.7
177.4
Other (expense) income, net*
(0.1)
0.7
1.4
(1.1)
0.9
Noncontrolling interest
—
—
(1.3)
—
(1.3)
Adjustments (1)
1.1
0.9
8.6
0.9
11.5
Adjusted EBITDA
$ 353.1
$ 182.4
$ 93.4
$ (129.6)
$ 499.3
Operating margin
46.4 %
22.6 %
10.9 %
nm
20.2 %
Adjusted EBITDA margin
53.3 %
35.0 %
26.4 %
nm
32.5 %
nm - not meaningful
*Excludes interest income of $2.3 million in International and $0.4 million in General Corporate Expense.
(1)
During the second quarter of 2026, we recorded pre-tax expenses of $0.4 million for an accrual for legal and regulatory matters related to the 2017 cybersecurity incident, $7.0 million for acquisition-related costs other than acquisition amortization, $0.6 million for a foreign currency loss related to the impact of remeasuring the peso denominated monetary assets and liabilities as a result of Argentina being a highly inflationary economy, $0.6 million of antitrust litigation costs, and $40.0 million for an accrual for a legal settlement, net of expected insurance proceeds.
During the second quarter of 2025, we recorded pre-tax expenses of $0.4 million for an accrual for legal and regulatory matters related to the 2017 cybersecurity incident, an $0.8 million gain on sale of an equity investment, a $0.1 million foreign currency gain on certain intercompany loans, $6.1 million for acquisition-related costs other than acquisition amortization, a foreign currency loss of $1.3 million related to the impact of remeasuring the peso denominated monetary assets and liabilities as a result of Argentina being a highly inflationary economy, and $4.6 million of restructuring charges for the realignment of resources and other costs.
Notes to Reconciliations of Non-GAAP Financial Measures to the Comparable GAAP Financial Measures
Diluted EPS attributable to Equifax is adjusted for the following items:
Acquisition-related amortization expense - During the second quarter of 2026 and 2025, we recorded acquisition-related amortization expense of certain acquired intangibles of $61.2 million ($48.9 million, net of tax) and $62.5 million ($50.0 million, net of tax), respectively. We calculate this financial measure by excluding the impact of acquisition-related amortization expense and including a benefit to reflect the material cash income tax savings resulting from the income tax deductibility of amortization for certain acquired intangibles. These financial measures are not prepared in conformity with GAAP. Management believes excluding the impact of amortization expense is useful because excluding acquisition-related amortization, and other items that are not comparable, allows investors to evaluate our performance for different periods on a more comparable basis. Certain acquired intangibles result in material cash income tax savings which are not reflected in earnings. Management believes that including a benefit to reflect the cash income tax savings is useful as it allows investors to better value Equifax. Management makes these adjustments to earnings when measuring profitability, evaluating performance trends, setting performance objectives and calculating our return on invested capital.
Accrual for legal and regulatory matters related to the 2017 cybersecurity incident - Accrual for legal and regulatory matters related to the 2017 cybersecurity incident includes legal fees to respond to subsequent litigation and government investigations for both periods presented. During the second quarter of 2026 and 2025, we recorded an accrual for legal and regulatory matters related to the 2017 cybersecurity incident of $0.4 million. Management believes excluding these charges is useful as it allows investors to evaluate our performance for different periods on a more comparable basis. Management makes these adjustments to net income when measuring profitability, evaluating performance trends, setting performance objectives and calculating our return on invested capital. This is consistent with how management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Gain on sale of equity investment - During the second quarter of 2025 we recorded a gain on sale of an equity investment of $0.8 million ($0.4 million, net of tax). Management believes excluding this charge from certain financial results provides meaningful supplemental information regarding our financial results for the three months ended June 30, 2025, since the non-operating gain is not comparable among the periods. This is consistent with how our management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Foreign currency impact of certain intercompany loans - During the second quarter of 2025, we recorded a gain of $0.1 million related to foreign currency impact of certain intercompany loans. Management believes excluding this charge is useful as it allows investors to evaluate our performance for different periods on a more comparable basis. This is consistent with how management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Acquisition-related costs other than acquisition amortization - During the second quarter of 2026 and 2025, we recorded $7.0 million ($4.1 million, net of tax) and $6.1 million ($4.4 million, net of tax), respectively, for acquisition-related costs other than acquisition amortization. These costs primarily related to transaction and integration costs resulting from recent acquisitions and were recorded in operating income. Management believes excluding this charge from certain financial results provides meaningful supplemental information regarding our financial results, since a charge of such an amount is not comparable among the periods. This is consistent with how our management reviews and assesses Equifax's historical performance and is useful when planning, forecasting, and analyzing future periods.
Income tax effects of stock awards that are recognized upon vesting or settlement - During the second quarter of 2025, we recorded a tax benefit of $0.7 million related to the tax effects of deductions for stock compensation in excess of amounts recorded for compensation costs. Management believes excluding this tax effect from financial results provides meaningful supplemental information regarding our financial results for the three months ended June 30, 2025 because these amounts are non-operating and relate to income tax benefits or deficiencies for stock awards recognized when tax amounts differ from recognized stock compensation cost. This is consistent with how management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Argentina highly inflationary foreign currency adjustment - Argentina experienced multiple periods of increasing inflation rates, devaluation of the peso, and increasing borrowing rates. As such, Argentina was deemed a highly inflationary economy by accounting policymakers. We recorded a foreign currency loss of $0.6 million and $1.3 million during the second quarter of 2026 and 2025, respectively, as a result of remeasuring the peso denominated monetary assets and liabilities due to Argentina being highly inflationary. Management believes excluding this charge is useful as it allows investors to evaluate our performance for different periods on a more comparable basis. This is consistent with how management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Charge related to the realignment of resources and other costs - During the second quarter of 2025, we recorded $4.6 million ($3.5 million, net of tax) of restructuring charges related to contract terminations, which relate to our efforts to complete our cloud technology transformation. Management believes excluding these charges from certain financial results provides meaningful supplemental information regarding our financial results since a charge of such an amount is not comparable among the periods. This is consistent with how our management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Antitrust litigation costs - Antitrust litigation costs include legal fees to respond to antitrust litigation pertaining to our Workforce Solutions business unit. During the second quarter of 2026, we recorded costs related to antitrust litigation pertaining to our Workforce Solutions business unit in the amount of $0.6 million ($0.5 million, net of tax). Management believes excluding these charges is useful as it allows investors to evaluate our performance for different periods on a more comparable basis, as these legal matters are outside of the normal course of Equifax's continuing business operations. Management makes these adjustments to net income when measuring profitability, evaluating performance trends, setting performance objectives and calculating our return on invested capital. This is consistent with how management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Accrual for a legal settlement - During the second quarter of 2026, we recorded an accrual of $100.0 million, which net of expected insurance proceeds of $60.0 million, resulted in a charge of $40.0 million ($30.2 million, net of tax) for a legal settlement associated with the resolution of claims related to a previously-disclosed coding issue, which represents our best estimate of the liability related to settlement of this matter. Management believes excluding this charge from certain financial results provides meaningful supplemental information regarding our financial results for the three months ended June 30, 2026, because a charge of such an amount is not comparable among the periods. This is consistent with how our management reviews and assesses Equifax's historical performance and is useful when planning, forecasting and analyzing future periods.
Adjusted EBITDA and EBITDA margin - Management defines adjusted EBITDA as consolidated net income attributable to Equifax plus net interest expense, income taxes, depreciation and amortization, and also excludes certain one-time items. Management believes the use of adjusted EBITDA and adjusted EBITDA margin allows investors to evaluate our performance for different periods on a more comparable basis.
Andra AP fonden cut its holdings in shares of TE Connectivity Ltd. (NYSE:TEL – Free Report) by 45.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 84,494 shares of the electronics maker’s stock after selling 71,706 shares during the period. Andra AP fonden’s holdings in TE Connectivity were worth $17,661,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in TE Connectivity by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 38,421,283 shares of the electronics maker’s stock valued at $8,741,226,000 after purchasing an additional 168,142 shares in the last quarter. State Street Corp boosted its stake in shares of TE Connectivity by 0.6% in the fourth quarter. State Street Corp now owns 13,105,219 shares of the electronics maker’s stock worth $2,981,572,000 after acquiring an additional 76,292 shares during the last quarter. Geode Capital Management LLC increased its position in shares of TE Connectivity by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 6,284,933 shares of the electronics maker’s stock worth $1,425,669,000 after purchasing an additional 161,967 shares in the last quarter. Bank of America Corp DE raised its stake in TE Connectivity by 27.5% in the 2nd quarter. Bank of America Corp DE now owns 6,274,917 shares of the electronics maker’s stock valued at $1,058,390,000 after purchasing an additional 1,352,152 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in TE Connectivity by 3.4% in the 4th quarter. Bank of New York Mellon Corp now owns 4,403,794 shares of the electronics maker’s stock valued at $1,001,907,000 after purchasing an additional 144,353 shares during the last quarter. Hedge funds and other institutional investors own 91.43% of the company’s stock.
TE Connectivity Stock Down 0.1% Shares of NYSE TEL opened at $203.11 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 1.89 and a debt-to-equity ratio of 0.42. The business’s 50 day moving average is $205.81 and its two-hundred day moving average is $215.66. TE Connectivity Ltd. has a 52-week low of $177.21 and a 52-week high of $252.56. The firm has a market cap of $59.29 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 1.43 and a beta of 1.17.
TE Connectivity (NYSE:TEL – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The electronics maker reported $2.73 earnings per share for the quarter, beating analysts’ consensus estimates of $2.70 by $0.03. The business had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.72 billion. TE Connectivity had a return on equity of 23.56% and a net margin of 15.54%.The company’s revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.10 earnings per share. TE Connectivity has set its Q3 2026 guidance at 2.830-2.830 EPS. Research analysts predict that TE Connectivity Ltd. will post 11.31 EPS for the current year.
TE Connectivity Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.78 per share. The ex-dividend date is Friday, August 21st. This represents a $3.12 annualized dividend and a yield of 1.5%. TE Connectivity’s dividend payout ratio is 31.87%.
Insiders Place Their Bets In other news, insider Shadrak W. Kroeger sold 9,400 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $215.00, for a total value of $2,021,000.00. Following the sale, the insider directly owned 25,976 shares in the company, valued at approximately $5,584,840. This trade represents a 26.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.
Analyst Ratings Changes TEL has been the subject of a number of recent research reports. HSBC cut shares of TE Connectivity from a “buy” rating to a “hold” rating and set a $234.00 target price for the company. in a research report on Thursday, April 23rd. Citigroup lowered their target price on TE Connectivity from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Monday, July 13th. Truist Financial lowered their price objective on TE Connectivity from $244.00 to $240.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Barclays raised their target price on TE Connectivity from $297.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, June 15th. Finally, Evercore reissued an “in-line” rating and issued a $230.00 price objective on shares of TE Connectivity in a report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $255.31.
Read Our Latest Report on TE Connectivity
TE Connectivity Profile (Free Report)
TE Connectivity (NYSE: TEL) is a global industrial technology company that designs and manufactures connectivity and sensor solutions used to enable the flow of power and data in a wide range of applications. Its product portfolio includes electrical connectors, cable and wire harness assemblies, sensors, relays and switches, fiber-optic and coaxial interconnects, and other passive and active components that provide mechanical and electrical connections in complex systems.
The company’s products and engineered solutions serve diverse end markets such as automotive and transportation, industrial equipment, data communications and networks, aerospace and defense, medical devices, and energy.
Recommended Stories Five stocks we like better than TE Connectivity 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 TEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TE Connectivity Ltd. (NYSE:TEL – Free Report).
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Společnost UniCredit Bank Czech Republic and Slovakia, a.s. zveřejnila Oznámení výplaty úrokového výnosu z hypotečních zástavních listů ke dni 14.8.2026, ISIN XS2764457078.
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, /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the fourth quarter and fiscal year 2026 on Tuesday, August 4, 2026. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on August 4, 2026. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Chief Financial Officer, will participate on the call.
To listen to the live event and access the slide presentation, visit Broadridge's Investor Relations website at www.broadridge-ir.com prior to the start of the webcast. To listen to the call, investors may also dial 1-877-328-2502 within the United States and international callers may dial 1-412-317-5419.
A replay of the webcast will be available and can be accessed in the same manner as the live webcast at the Broadridge Investor Relations website. A recording of the call will be available through August 11, 2026 by dialing 1-855-669-9658 within the United States or 1-412-317-0088 for international callers, using passcode 1307113 for either dial-in number.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $15 trillion of securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.
For more information, please visit www.broadridge.com.
California Public Employees Retirement System trimmed its position in shares of Iron Mountain Incorporated (NYSE:IRM – Free Report) by 2.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 502,460 shares of the financial services provider’s stock after selling 11,095 shares during the period. California Public Employees Retirement System owned approximately 0.17% of Iron Mountain worth $51,321,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Iron Mountain during the 4th quarter worth approximately $25,000. Johnson Financial Group Inc. acquired a new position in Iron Mountain during the third quarter valued at approximately $32,000. Beaird Harris Wealth Management LLC lifted its stake in Iron Mountain by 17,500.0% during the fourth quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 350 shares during the last quarter. Bayban acquired a new stake in shares of Iron Mountain in the 4th quarter valued at $33,000. Finally, DV Equities LLC bought a new position in shares of Iron Mountain in the 4th quarter valued at $34,000. 80.13% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Several analysts recently weighed in on the company. Wall Street Zen upgraded Iron Mountain from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. JPMorgan Chase & Co. lifted their target price on Iron Mountain from $121.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Barclays boosted their target price on Iron Mountain from $127.00 to $143.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Wells Fargo & Company increased their target price on shares of Iron Mountain from $125.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, April 21st. Finally, Zacks Research upgraded shares of Iron Mountain from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 12th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.33.
Check Out Our Latest Analysis on Iron Mountain
Insider Transactions at Iron Mountain In other news, CEO William L. Meaney sold 38,474 shares of Iron Mountain stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $122.83, for a total transaction of $4,725,761.42. Following the transaction, the chief executive officer owned 38,474 shares in the company, valued at approximately $4,725,761.42. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Daniel Borges sold 7,189 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $125.50, for a total transaction of $902,219.50. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 137,260 shares of company stock worth $17,361,672. 1.70% of the stock is currently owned by insiders.
Iron Mountain Trading Up 0.3% Iron Mountain stock opened at $124.23 on Tuesday. The stock has a 50-day moving average price of $125.35 and a two-hundred day moving average price of $111.45. Iron Mountain Incorporated has a 12 month low of $77.77 and a 12 month high of $134.68. The company has a market capitalization of $36.96 billion, a PE ratio of 136.52 and a beta of 1.19.
Iron Mountain (NYSE:IRM – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.10. Iron Mountain had a negative return on equity of 91.56% and a net margin of 3.76%.The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same period in the previous year, the business posted $1.17 earnings per share. The business’s quarterly revenue was up 21.5% compared to the same quarter last year. Iron Mountain has set its Q2 2026 guidance at 1.400-1.400 EPS and its FY 2026 guidance at 5.790-5.860 EPS. As a group, analysts predict that Iron Mountain Incorporated will post 5.4 earnings per share for the current fiscal year.
Iron Mountain Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were issued a dividend of $0.864 per share. This represents a $3.46 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, June 15th. Iron Mountain’s payout ratio is presently 380.22%.
About Iron Mountain (Free Report)
Iron Mountain Incorporated is a global information management company that helps organizations protect, store, and manage their physical and digital information. The firm provides a range of services including secure records storage, document imaging and digitization, secure shredding and destruction, and information governance solutions designed to support regulatory compliance and business continuity. Iron Mountain also offers specialized secure storage environments and logistics for sensitive assets such as art, medical records, and legal archives.
Beyond traditional records management, Iron Mountain has expanded into technology-driven services to support customers’ digital transformation.
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Key Takeaways FAST combines steady dividend payments with digital sales growth and customer expansion. GD supports its dividend profile with a large backlog and recent defense contract awards.DGX is growing through advanced diagnostics, acquisitions, AI and consumer health services. The Top Dividend Yield Companies theme focuses on businesses that pay reliable dividends and have steady earnings. These companies are selected for strong cash flow, consistent profit growth, and a record of keeping dividends intact through different market conditions.
The theme looks for companies with at least 10 years of uninterrupted dividend payments and no dividend cuts. It also favors firms with positive free cash flow and payout ratios that appear reasonable, helping support long-term dividend sustainability. Rather than chasing the highest yields alone, the screen aims to identify income stocks with stronger financial backing.
The focus is on dividend quality, earnings stability, and lower exposure to sectors that can be hit hard during economic downturns. For investors seeking equity income, the theme offers a more defensive approach built around durable dividend payers.
Accordingly, we recommend five Top Dividend Yield Companies with a favorable Zacks Rank. These are: Fastenal Co. (FAST - Free Report) , General Dynamics Corp. (GD - Free Report) , UnitedHealth Group Inc. (UNH - Free Report) , Texas Roadhouse Inc. (TXRH - Free Report) and Quest Diagnostics Inc. (DGX - Free Report) .
Each of our picks currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The chart below shows the price performance of our five picks year to date.
Image Source: Zacks Investment Research
FastenalFastenal continues to outgrow a mixed industrial backdrop as key account wins, customer site expansion and deeper adoption of managed inventory and digital tools sustain above-market daily sales growth.
FAST’s shift toward higher-tech, higher-integration selling continues to reinforce its competitive positioning and retention. In the first quarter, digital footprint daily sales increased 13.6%, outpacing company growth, and represented 61.5% of total sales, up from 61.0% a year ago.
FAST remains on track to reach a digital mix target of about 66% in 2026, reflecting continued integration of customer procurement systems, higher eCommerce usage, and ongoing migration toward managed inventory formats.
Fastenal has an expected revenue and earnings growth rate of 12.5% and 14.7%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.8% in the last seven days. It has a current dividend yield of 2.11%.
General Dynamics Corp.General Dynamics had an impressive backlog of $130.84 billion at the end of the first quarter of 2026. Apart from its well-established domestic market, GD enjoys a significant overseas opportunity with order potential from Poland, the Czech Republic, the United Kingdom, Romania, Denmark, Germany, Spain, Austria, Canada and Switzerland.
Significant awards won by GD in the last reported quarter included a $15.4 billion contract for continued design and support work on the Columbia-class submarines program. GD’s shares have outperformed the industry in the past year.
General Dynamics has an expected revenue and earnings growth rate of 4.8% and 7.4%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.1% in the last seven days. It has a current dividend yield of 1.73%.
UnitedHealth Group Inc.UnitedHealth Group has shown steady revenue growth, driven by Optum and UnitedHealthcare. Optum remains a key growth driver through its pharmacy services, technology integration, and government solutions.
A strong market position and ongoing expansion initiatives, combined with rising healthcare demand, support sustained long-term growth. Commercial membership also grew for UNH, supporting margins despite headwinds from government programs.
Improvement in high-margin, fee-based commercial plans can help UNH offset the headwinds from eligibility redeterminations and subsidy reductions in government programs. The momentum underscores UNH’s ability to capture demand from employer-sponsored coverage and sustain profitability across its insurance portfolio.
UnitedHealth Group has an expected revenue and earnings growth rate of -0.8% and 13.2%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 1% in the last seven days. It has a current dividend yield of 2.18%.
Texas Roadhouse Inc.Texas Roadhouse is a full-service, casual dining restaurant chain, which offers assorted seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills. TXRH operates restaurants under the Texas Roadhouse and Aspen Creek names.
TXRH offers its guests a selection of ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, an assortment of hamburgers, salads and sandwiches. TXRH also provides supervisory and administrative services for other licensed and franchised restaurants.
Texas Roadhouse has an expected revenue and earnings growth rate of 11.4% and 5.6%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.2% in the last seven days. It has a current dividend yield of 1.52%.
Quest Diagnostics Inc.Quest Diagnostics continues to execute its strategy to deliver solutions that meet the evolving needs of customers for lab insights. DGX is seeing continued momentum in Advanced Diagnostics, including the strong uptake of the AD-Detect blood test.
DGX’s consumer channel is driving growth from an expanding questhealth.com platform as well as collaborations with top wellness and wearables companies. Acquisitions are a major growth driver, with a focus on accretive hospital outreach and independent lab purchases. DGX is also adopting AI, automation and other technologies to drive operational improvements.
Quest Diagnostics has an expected revenue and earnings growth rate of 7.3% and 8.8%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 0.2% in the last 30 days. It has a current dividend yield of 1.63%.
Bessemer Group Inc. increased its holdings in shares of Churchill Downs, Incorporated (NASDAQ:CHDN – Free Report) by 38.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,141 shares of the company’s stock after buying an additional 12,744 shares during the quarter. Bessemer Group Inc. owned about 0.07% of Churchill Downs worth $4,145,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in CHDN. Fifth Third Bancorp raised its holdings in shares of Churchill Downs by 6,547.6% in the 4th quarter. Fifth Third Bancorp now owns 52,649 shares of the company’s stock worth $5,990,000 after purchasing an additional 51,857 shares during the period. UBS Group AG grew its holdings in shares of Churchill Downs by 26.9% during the 4th quarter. UBS Group AG now owns 350,982 shares of the company’s stock worth $39,935,000 after purchasing an additional 74,421 shares during the period. M&T Bank Corp purchased a new stake in shares of Churchill Downs during the 4th quarter worth about $4,266,000. JPMorgan Chase & Co. increased its position in Churchill Downs by 8.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 219,834 shares of the company’s stock worth $21,326,000 after purchasing an additional 16,646 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its position in Churchill Downs by 126.1% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 46,813 shares of the company’s stock worth $5,326,000 after purchasing an additional 26,105 shares in the last quarter. 82.59% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes A number of brokerages have weighed in on CHDN. Truist Financial set a $145.00 price target on shares of Churchill Downs in a research report on Friday, June 12th. Weiss Ratings lowered shares of Churchill Downs from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Citigroup reissued an “outperform” rating on shares of Churchill Downs in a research note on Friday, April 24th. Jefferies Financial Group restated a “buy” rating on shares of Churchill Downs in a report on Thursday, July 2nd. Finally, Wells Fargo & Company decreased their price target on shares of Churchill Downs from $132.00 to $120.00 and set an “overweight” rating for the company in a research report on Tuesday, July 14th. Nine research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $138.50.
View Our Latest Stock Analysis on CHDN
Churchill Downs Stock Performance Shares of NASDAQ:CHDN opened at $83.71 on Tuesday. The business’s 50-day simple moving average is $86.95 and its 200 day simple moving average is $91.95. The company has a market cap of $5.83 billion, a P/E ratio of 15.50, a PEG ratio of 0.57 and a beta of 0.67. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.54 and a current ratio of 0.54. Churchill Downs, Incorporated has a one year low of $80.24 and a one year high of $118.46.
Churchill Downs (NASDAQ:CHDN – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.15. Churchill Downs had a return on equity of 43.50% and a net margin of 13.21%.The firm had revenue of $663.00 million during the quarter, compared to analysts’ expectations of $659.32 million. During the same quarter in the prior year, the business earned $1.07 EPS. Churchill Downs’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, sell-side analysts forecast that Churchill Downs, Incorporated will post 7.14 earnings per share for the current fiscal year.
About Churchill Downs (Free Report)
Churchill Downs Incorporated is a leading American entertainment and gaming company best known for operating the Churchill Downs racetrack in Louisville, Kentucky, home of the annual Kentucky Derby. Beyond its signature thoroughbred racing venue, the company manages a diversified portfolio of live racing facilities, casinos, and off-track betting operations. Its services encompass pari-mutuel wagering, historical horse racing machines, and online betting through its TwinSpires platform, reaching horse racing and sports betting enthusiasts nationwide.
In its live racing segment, Churchill Downs oversees a network of racetracks and racing festivals, offering year-round events in multiple states.
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Fifth Third Bancorp grew its stake in shares of Charles River Laboratories International, Inc. (NYSE:CRL – Free Report) by 51.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,733 shares of the medical research company’s stock after acquiring an additional 6,002 shares during the quarter. Fifth Third Bancorp’s holdings in Charles River Laboratories International were worth $3,059,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in CRL. Tema Etfs LLC bought a new position in Charles River Laboratories International during the fourth quarter valued at approximately $26,000. Los Angeles Capital Management LLC bought a new stake in shares of Charles River Laboratories International in the fourth quarter worth $42,000. Sfam LLC purchased a new stake in Charles River Laboratories International during the fourth quarter valued at $43,000. Activest Wealth Management increased its position in Charles River Laboratories International by 10,900.0% during the fourth quarter. Activest Wealth Management now owns 220 shares of the medical research company’s stock valued at $44,000 after acquiring an additional 218 shares during the last quarter. Finally, Elyxium Wealth LLC bought a new position in Charles River Laboratories International in the fourth quarter valued at about $46,000. 98.91% of the stock is currently owned by institutional investors.
Insiders Place Their Bets In related news, Director James C. Foster sold 75,000 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $225.00, for a total transaction of $16,875,000.00. Following the completion of the transaction, the director directly owned 31,596 shares of the company’s stock, valued at approximately $7,109,100. This trade represents a 70.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.30% of the company’s stock.
Wall Street Analyst Weigh In Several brokerages have recently weighed in on CRL. Mizuho increased their price objective on shares of Charles River Laboratories International from $192.00 to $230.00 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Royal Bank Of Canada initiated coverage on shares of Charles River Laboratories International in a research report on Tuesday, April 14th. They set an “outperform” rating and a $215.00 target price for the company. Barclays upped their target price on shares of Charles River Laboratories International from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Sanford C. Bernstein set a $250.00 price target on shares of Charles River Laboratories International in a research note on Wednesday, July 1st. Finally, Robert W. Baird set a $213.00 target price on Charles River Laboratories International in a report on Friday, May 8th. Eleven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.75.
View Our Latest Stock Report on Charles River Laboratories International
Charles River Laboratories International Trading Down 2.0% Shares of CRL stock opened at $219.91 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.03 and a current ratio of 1.36. The stock has a fifty day simple moving average of $193.76 and a two-hundred day simple moving average of $186.77. The firm has a market capitalization of $10.59 billion, a PE ratio of -58.49, a PEG ratio of 2.50 and a beta of 1.40. Charles River Laboratories International, Inc. has a 52-week low of $144.26 and a 52-week high of $237.86.
Charles River Laboratories International (NYSE:CRL – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The medical research company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $0.10. The business had revenue of $995.83 million during the quarter, compared to analyst estimates of $977.46 million. Charles River Laboratories International had a negative net margin of 4.59% and a positive return on equity of 15.36%. The company’s revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm posted $2.34 EPS. Charles River Laboratories International has set its FY 2026 guidance at 10.800-11.300 EPS. On average, analysts predict that Charles River Laboratories International, Inc. will post 11.05 EPS for the current fiscal year.
Charles River Laboratories International Profile (Free Report)
Charles River Laboratories International, Inc is a leading provider of research models and preclinical and clinical support services for the pharmaceutical, biotechnology and medical device industries. The company’s core offerings include discovery, safety assessment, toxicology, and pathology services, as well as supply of laboratory animals and related diagnostics. Services extend across in vivo and in vitro testing, biologics testing, and support for advanced therapies, helping clients accelerate drug development from early discovery through regulatory submission.
Founded in 1947 in Wilmington, Massachusetts, Charles River has grown through strategic investments and acquisitions to establish a broad portfolio of capabilities.
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California Public Employees Retirement System lowered its holdings in shares of Hubbell Inc (NYSE:HUBB – Free Report) by 1.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 101,455 shares of the industrial products company’s stock after selling 1,697 shares during the period. California Public Employees Retirement System owned about 0.19% of Hubbell worth $49,788,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in HUBB. Wellington Management Group LLP grew its stake in shares of Hubbell by 140.4% during the fourth quarter. Wellington Management Group LLP now owns 2,514,632 shares of the industrial products company’s stock valued at $1,116,773,000 after buying an additional 1,468,701 shares during the last quarter. State Street Corp increased its holdings in shares of Hubbell by 1.8% in the fourth quarter. State Street Corp now owns 2,302,567 shares of the industrial products company’s stock worth $1,022,593,000 after buying an additional 40,623 shares during the period. Geode Capital Management LLC lifted its stake in shares of Hubbell by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 1,376,000 shares of the industrial products company’s stock valued at $608,704,000 after acquiring an additional 10,898 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Hubbell by 5.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,214,236 shares of the industrial products company’s stock valued at $539,257,000 after acquiring an additional 60,071 shares during the last quarter. Finally, Deutsche Bank AG boosted its holdings in Hubbell by 0.8% during the 4th quarter. Deutsche Bank AG now owns 1,142,410 shares of the industrial products company’s stock valued at $507,356,000 after acquiring an additional 9,202 shares during the period. Hedge funds and other institutional investors own 88.16% of the company’s stock.
Analysts Set New Price Targets HUBB has been the topic of several recent research reports. Weiss Ratings lowered Hubbell from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 14th. Wall Street Zen upgraded Hubbell from a “hold” rating to a “buy” rating in a research report on Saturday. UBS Group reissued a “neutral” rating and set a $515.00 price objective on shares of Hubbell in a research note on Tuesday, June 16th. Barclays raised their target price on shares of Hubbell from $481.00 to $503.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Finally, Wells Fargo & Company lifted their target price on shares of Hubbell from $530.00 to $560.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and four have issued 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 target price of $554.38.
Get Our Latest Report on Hubbell
Hubbell Stock Down 0.7% HUBB stock opened at $485.43 on Tuesday. Hubbell Inc has a twelve month low of $403.82 and a twelve month high of $565.50. The company has a quick ratio of 0.94, a current ratio of 1.58 and a debt-to-equity ratio of 0.54. The firm has a market cap of $25.65 billion, a PE ratio of 28.67, a price-to-earnings-growth ratio of 2.46 and a beta of 0.89. The business has a 50 day moving average of $488.31 and a 200 day moving average of $496.00.
Hubbell (NYSE:HUBB – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The industrial products company reported $3.93 EPS for the quarter, beating the consensus estimate of $3.87 by $0.06. Hubbell had a net margin of 15.10% and a return on equity of 27.09%. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the firm posted $3.50 EPS. Hubbell’s revenue for the quarter was up 11.1% on a year-over-year basis. Hubbell has set its FY 2026 guidance at 19.300-19.850 EPS. On average, research analysts forecast that Hubbell Inc will post 19.86 EPS for the current fiscal year.
Hubbell Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, May 29th. Hubbell’s dividend payout ratio is 33.55%.
About Hubbell (Free Report)
Hubbell Incorporated (NYSE: HUBB) is an industrial manufacturer and distributor of electrical and electronic products serving a range of end markets including commercial and residential construction, industrial, and utility customers. Founded in 1888 by Harvey Hubbell, the company has a long history in electrical innovation and product development and is headquartered in Connecticut. Hubbell designs, manufactures and sells components and systems that enable the distribution and control of electrical power and provide lighting solutions for indoor and outdoor environments.
The company’s offerings span a broad portfolio of products used by contractors, utilities, original equipment manufacturers and facility owners.
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MELVILLE, N.Y.--(BUSINESS WIRE)--Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of healthcare solutions to office-based dental and medical practitioners, announced today that it will release its second quarter 2026 financial results before the stock market opens on Tuesday, August 4, 2026, and will provide a live webcast of its earnings conference call on the same day beginning at 8:00 a.m. Eastern time. Speakers on the call will include Fred Lowery, Chief Executive Officer and.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Bessemer Group Inc. lifted its stake in Red Rock Resorts, Inc. (NASDAQ:RRR – Free Report) by 48.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,494 shares of the company’s stock after purchasing an additional 26,600 shares during the period. Bessemer Group Inc. owned 0.08% of Red Rock Resorts worth $4,349,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Louisiana State Employees Retirement System acquired a new position in shares of Red Rock Resorts in the first quarter valued at approximately $1,147,000. UBS Group AG raised its holdings in shares of Red Rock Resorts by 205.1% during the fourth quarter. UBS Group AG now owns 476,311 shares of the company’s stock worth $29,507,000 after acquiring an additional 320,175 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its position in Red Rock Resorts by 54.8% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 125,800 shares of the company’s stock valued at $7,793,000 after acquiring an additional 44,546 shares in the last quarter. Legal & General Group Plc lifted its position in Red Rock Resorts by 147.9% in the 4th quarter. Legal & General Group Plc now owns 119,453 shares of the company’s stock valued at $7,400,000 after acquiring an additional 71,274 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new position in Red Rock Resorts in the 3rd quarter worth $15,114,000. 47.84% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of research firms have issued reports on RRR. Wells Fargo & Company upgraded Red Rock Resorts from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $55.00 to $75.00 in a report on Tuesday, July 14th. Weiss Ratings raised Red Rock Resorts from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, July 10th. Morgan Stanley set a $59.00 price objective on Red Rock Resorts in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $72.00 target price on shares of Red Rock Resorts in a research report on Thursday, April 30th. Finally, Zacks Research cut Red Rock Resorts from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 6th. Fourteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.24.
Read Our Latest Research Report on RRR
Red Rock Resorts Price Performance NASDAQ:RRR opened at $64.94 on Tuesday. The company has a debt-to-equity ratio of 14.42, a quick ratio of 0.76 and a current ratio of 0.81. The stock’s 50-day simple moving average is $60.16 and its 200 day simple moving average is $59.66. The company has a market cap of $6.82 billion, a P/E ratio of 20.88, a P/E/G ratio of 4.90 and a beta of 1.35. Red Rock Resorts, Inc. has a 52-week low of $50.52 and a 52-week high of $68.99.
Red Rock Resorts (NASDAQ:RRR – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.17). The company had revenue of $507.32 million for the quarter, compared to the consensus estimate of $505.63 million. Red Rock Resorts had a return on equity of 61.67% and a net margin of 9.21%.The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 EPS. As a group, sell-side analysts forecast that Red Rock Resorts, Inc. will post 1.53 EPS for the current fiscal year.
Red Rock Resorts Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.26 per share. The ex-dividend date was Monday, June 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.6%. Red Rock Resorts’s dividend payout ratio is currently 33.44%.
Red Rock Resorts Company Profile (Free Report)
Red Rock Resorts, Inc (NASDAQ: RRR) is a publicly traded gaming and hospitality company headquartered in Summerlin, Nevada. The company owns and operates a diversified portfolio of full-service casino resorts and neighborhood gaming properties in the Las Vegas valley. Its core business activities include resort hotel accommodations, casino gaming, food and beverage operations, entertainment and convention services designed to meet the needs of both leisure and business travelers.
The company’s flagship resort, Red Rock Casino Resort & Spa, features a full range of table games, slot machines, a luxury spa, convention space, multiple signature restaurants and live entertainment venues.
Further Reading Five stocks we like better than Red Rock Resorts The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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AST SpaceMobile, known for building a space-based cellular broadband network, recently priced its $1 billion proposed public offering of convertible senior notes.
Fiserv, Inc. (NASDAQ:FISV), meanwhile, has to merge with another company, Cramer said. The company provides payment processing and digital banking, and there are far too many companies in that sector, he added.
Fiserv said it will announce its second quarter financial results before the opening bell on Thursday, Aug. 6.
Cramer said Lyft (NASDAQ:LYFT) CEO David Risher is doing a good job. “It’s been trading back and forth and back and forth, but $15 is a good level to start,” he added.
On the earnings front, Lyft said it will release financial results for the second quarter after the close of the market on Thursday, Aug. 6.
CleanSpark, on July 14, announced it entered into a $6.6 billion, 20-year lease with a global technology company.
“That thing has just been crushed,” Cramer said when asked about First Solar (NASDAQ:FSLR) “It has one of the worst charts I’ve ever seen.”
First Solar said it will report financial results for the second quarter after the market closes on Thursday, July 30.
Lending support to his choice, Citigroup analyst Jon Tower, on July 10, maintained Cheesecake Factory with a Buy and raised the price target from $76 to $90.
Price Action Fiserv shares gained 2.1% to settle at $51.68 on Monday. Lyft shares fell 0.6% to close at $15.43 during the session. CleanSpark shares jumped 10.7% to settle at $14.42 on Monday. First Solar shares declined 3.2% to close at $205.31. Cheesecake Factory shares gained 0.4% to settle at $86.11 on Monday. AST SpaceMobile shares fell 0.7% to settle at $57.42 on Monday. Photo via Shutterstock
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Bank of New York Mellon Corp lifted its stake in shares of Nu Holdings Ltd. (NYSE:NU – Free Report) by 4.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,011,073 shares of the company’s stock after purchasing an additional 349,255 shares during the period. Bank of New York Mellon Corp owned 0.16% of NU worth $115,119,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in NU. LOM Asset Management Ltd acquired a new stake in shares of NU in the fourth quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of NU by 14,810.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,491 shares of the company’s stock worth $25,000 after acquiring an additional 1,481 shares during the period. Cornerstone Planning Group LLC lifted its holdings in NU by 5,448.3% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,609 shares of the company’s stock valued at $27,000 after purchasing an additional 1,580 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in NU during the fourth quarter worth $27,000. Finally, Morse Asset Management Inc bought a new position in NU during the fourth quarter worth $31,000. 84.02% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at NU In other news, Director Anita M. Sands sold 21,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $12.24, for a total transaction of $257,040.00. Following the completion of the sale, the director directly owned 162,150 shares of the company’s stock, valued at $1,984,716. The trade was a 11.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Wall Street Analyst Weigh In NU has been the subject of a number of research reports. Scotiabank downgraded NU to a “sector perform” rating and set a $13.00 target price for the company. in a report on Wednesday, June 3rd. Weiss Ratings lowered shares of NU from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 13th. UBS Group dropped their price objective on shares of NU from $18.10 to $16.90 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Susquehanna downgraded shares of NU from a “positive” rating to a “neutral” rating and cut their price objective for the company from $18.00 to $13.00 in a report on Wednesday, June 3rd. Finally, Needham & Company LLC assumed coverage on shares of NU in a research report on Friday, June 26th. They set a “buy” rating and a $17.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, NU has a consensus rating of “Moderate Buy” and a consensus target price of $17.24.
Get Our Latest Analysis on NU
NU Stock Up 3.2% Shares of NU opened at $14.03 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.58 and a current ratio of 0.58. Nu Holdings Ltd. has a 52 week low of $11.20 and a 52 week high of $18.98. The stock has a market capitalization of $68.13 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 0.54 and a beta of 0.95. The stock has a fifty day moving average of $12.90 and a 200-day moving average of $14.75.
NU (NYSE:NU – Get Free Report) last released its quarterly earnings results on Friday, May 15th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). NU had a net margin of 18.20% and a return on equity of 30.91%. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.06 billion. As a group, sell-side analysts anticipate that Nu Holdings Ltd. will post 0.83 earnings per share for the current fiscal year.
NU declared that its board has approved a stock repurchase plan on Thursday, June 4th that permits the company to repurchase $0.00 in outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s management believes its shares are undervalued.
NU Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
Further Reading Five stocks we like better than NU 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 NU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Holdings Ltd. (NYSE:NU – Free Report).
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Baader Bank Aktiengesellschaft lowered its holdings in Nu Holdings Ltd. (NYSE:NU – Free Report) by 46.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 257,129 shares of the company’s stock after selling 226,729 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in NU were worth $3,695,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Maxi Investments CY Ltd grew its position in NU by 85.5% in the 4th quarter. Maxi Investments CY Ltd now owns 783,000 shares of the company’s stock worth $13,107,000 after purchasing an additional 361,000 shares during the last quarter. C WorldWide Group Holding A S raised its holdings in shares of NU by 1,045.3% during the fourth quarter. C WorldWide Group Holding A S now owns 311,792 shares of the company’s stock valued at $5,219,000 after buying an additional 284,569 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of NU by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 24,814,878 shares of the company’s stock valued at $415,401,000 after buying an additional 1,037,438 shares during the last quarter. Genoa Capital Gestora de Recursos Ltda. acquired a new position in shares of NU during the fourth quarter worth approximately $3,869,000. Finally, Danske Bank A S boosted its position in shares of NU by 515.0% during the fourth quarter. Danske Bank A S now owns 5,074,732 shares of the company’s stock worth $84,951,000 after buying an additional 4,249,632 shares during the period. 84.02% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of equities analysts recently issued reports on the company. UBS Group decreased their price objective on NU from $18.10 to $16.90 and set a “buy” rating for the company in a report on Wednesday, May 20th. Susquehanna lowered NU from a “positive” rating to a “neutral” rating and reduced their price target for the stock from $18.00 to $13.00 in a research report on Wednesday, June 3rd. Weiss Ratings cut NU from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 13th. Scotiabank lowered NU to a “sector perform” rating and set a $13.00 price target on the stock. in a report on Wednesday, June 3rd. Finally, Needham & Company LLC initiated coverage on shares of NU in a research note on Friday, June 26th. They set a “buy” rating and a $17.00 price objective on the stock. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, NU presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.24.
Check Out Our Latest Analysis on NU
Insider Buying and Selling at NU In other NU news, Director Anita M. Sands sold 21,000 shares of NU stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $12.24, for a total transaction of $257,040.00. Following the transaction, the director owned 162,150 shares of the company’s stock, valued at $1,984,716. The trade was a 11.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
NU Stock Performance NYSE:NU opened at $14.03 on Tuesday. The company has a 50-day moving average of $12.90 and a 200-day moving average of $14.75. The firm has a market cap of $68.13 billion, a price-to-earnings ratio of 21.59, a price-to-earnings-growth ratio of 0.54 and a beta of 0.95. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. Nu Holdings Ltd. has a twelve month low of $11.20 and a twelve month high of $18.98.
NU (NYSE:NU – Get Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). NU had a return on equity of 30.91% and a net margin of 18.20%.The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.06 billion. Analysts forecast that Nu Holdings Ltd. will post 0.83 earnings per share for the current fiscal year.
NU announced that its board has initiated a share repurchase plan on Thursday, June 4th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.
NU Company Profile (Free Report)
Nu Holdings Ltd (NYSE: NU), commonly known by its consumer brand Nubank, is a Latin American financial technology company that provides digital banking and financial services through a mobile-first platform. The company’s core offerings include no-fee digital checking accounts, credit cards, personal loans, payments and transfers, and a range of savings and investment products. Nubank emphasizes a streamlined customer experience delivered via its smartphone app, combined with data-driven underwriting and automated customer service tools.
Founded in 2013 by David Vélez, Cristina Junqueira and Edward Wible, Nu grew rapidly by targeting underbanked and digitally savvy consumers in Latin America with low-fee, transparent products.
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JERUSALEM--(BUSINESS WIRE)--Select Stellantis vehicles will use Mobileye's REM Road Experience Management technology, expanding key ADAS features such as hands-free driving.
A logo on the exterior of a Stellantis office building in Poissy, near Paris, France, May 4, 2026. REUTERS/Benoit Tessier Purchase Licensing Rights, opens new tab
CompaniesJuly 21 (Reuters) - Mobileye Global (MBLY.O), opens new tab will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said on Tuesday, as automakers race to meet rising demand for connected safety systems.
The ADAS hardware maker's shares were up about 6% in premarket trading.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
The companies said select models from Stellantis, the parent of Jeep and Chrysler, will integrate Mobileye's Road Experience Management technology from 2027, using crowdsourced road data to improve lane keeping and hands-free driving.
ADAS has become one of the auto industry's fastest-growing technologies as carmakers race to offer increasingly sophisticated safety and convenience features and generate higher-margin software revenue.
The technology is widely seen as a step toward fully autonomous driving, though regulators still require drivers to remain attentive when using hands-free systems.
The first applications are expected in select U.S. Stellantis models next year, with wider rollout subject to vehicle platform and configuration.
Stellantis will be the fifth of the world's 10 largest automakers to contribute data to Mobileye's REM platform, which covers more than 95% of public roads in the United States and Europe. More than 8 million vehicles logged 34 billion miles of data on the platform last year, Mobileye said.
Jerusalem-based Mobileye's system collects road data through front-facing cameras in EyeQ-equipped vehicles and combines it with cloud-based mapping intelligence. That allows vehicles to receive real-time updates on lane markings, road layouts and construction zones.
Reporting by Akash Sriram in Bengaluru; Editing by Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
SoundHound AI (SOUN +0.64%) aims to control the conversational layer that connects users, AI models, and real-world services. Its growing presence in vehicles and restaurants creates an intriguing opportunity, but profitability remains the crucial test that could determine whether this emerging platform becomes an enduring AI business.
Stock prices used were the market prices of July 10, 2026. The video was published on July 19, 2026.
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends SoundHound AI. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
FARNBOROUGH, England--(BUSINESS WIRE)--Hexcel Corp. (NYSE: HXL), a global leader in advanced composites, has completed qualification of its HexPly® M91 carbon fiber-reinforced epoxy prepreg system through the National Center for Advanced Materials Performance (NCAMP), an initiative of the National Institute for Aviation Research (NIAR) at Wichita State University.The qualification includes both unidirectional tape and plain weave fabric forms, establishing a fully characterized material system f.
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) today announced it will release financial results for the second quarter ended June 30, 2026 before the market opens on Wednesday, July 29, 2026. The Company will host a conference call to discuss these financial results the same day at 8:00 a.m. Pacific Time (PT). Interested parties are welcome to attend the conference call by dialing (888) 317-6003 and referencing event code 9364475. A link to the live audio w.
Největší americká automobilka General Motors ve druhém čtvrtletí zvýšila provozní zisk meziročně o 30 procent na 3,9 miliardy dolarů (82,5 miliardy Kč) a znovu zlepšila i celoroční výhled. Oznámila to dnes ve své výsledkové zprávě. Výsledku pomohl především prodej ziskových sportovně-užitkových vozů (SUV) a nákladních automobilů. Tržby vzrostly o dvě procenta na 48 miliard dolarů.
Detroitská automobilka výrazně překonala odhady analytiků, kteří podle dat společnosti LSEG očekávali čtvrtletní zisk před započtením úroků a daní 3,2 dolaru na akcii, zatímco firma oznámila zisk 3,57 USD na akcii. Podařilo se jí to navzdory nestabilní ekonomické situaci, kdy se zákazníci ve druhém čtvrtletí potýkali s vyššími cenami pohonných hmot, přetrvávající inflací a pomalejším růstem zaměstnanosti.
Podobně jako v prvním čtvrtletí automobilka zvýšila celoroční výhled zisku opět o 500 milionů dolarů, aktuálně na rozmezí 14 až 16 miliard dolarů. Firma očekává, že půl miliardy dolarů získá zpět za cla zavedená prezidentem Donaldem Trumpem, která v únoru zrušil americký nejvyšší soud.
Generální ředitelka GM Mary Barraová uvedla, že očekává pokračování pozitivního trendu i v příštím roce. "Očekáváme, že tyto trendy budou i nadále posilovat naše výsledky až do roku 2027 a dále, protože disponujeme řadou faktorů podporujících růst marží a celkový růst, přičemž zachováváme kapitálovou disciplínu," napsala Barraová v dopise akcionářům.
Novo Nordisk podal ve Spojených státech žalobu na svého hlavního konkurenta Eli Lilly. Dánská firma tvrdí, že reklamní kampaně propagující přípravky Zepbound a Mounjaro uvádějí spotřebitele v omyl tím, že prezentují neúplné a zastaralé údaje o účinnosti konkurenčních léků Wegovy a Ozempic od Novo Nordisku. Informoval o tom server CNBC.
Zastaralé klinické studie ohledně porovnání nejvyšších dávek léků Lilly s nižšími dávkami léků Novo „vedou k nevyhnutelnému závěru, že léky Lilly jsou lepší než léky od Novo, a to není přesné“, sdělil CNBC John Kuckelman, hlavní právní zástupce skupiny Novo, jež tvrdí, že takové srovnání neodráží současný stav trhu a dostupných klinických dat.
Novo Nordisk v žalobě požaduje, aby soud Eli Lilly zakázal další šíření sporných reklam a zároveň nařídil zveřejnění opravných sdělení. Kromě toho se firma domáhá finanční náhrady škody, jejíž výše zatím nebyla specifikována.
Dánská společnost prý zaslala svému konkurentovi formální výzvu k ukončení reklamních kampaní už v dubnu, avšak bez výsledku. Pokud Lilly reklamy nestáhne dobrovolně, chce Novo v následujících dnech usilovat také o předběžné opatření, které by jejich vysílání zastavilo ještě před konečným rozhodnutím soudu.
Dánské firmě vadí zejména to, že reklamy konkurenta nezohledňují nově schválenou vysokodávkovou variantu léku Wegovy, která byla uvedena na trh letos na jaře. Podle Novo právě tato verze přináší výsledky v redukci hmotnosti, které jsou mnohem bližší účinkům Zepbound od Lilly.
„Reklamní sdělení vedou spotřebitele k závěru, že přípravky Eli Lilly jsou jednoznačně účinnější než naše léky. Domníváme se, že takový závěr není podložen aktuálními důkazy,“ stojí v žalobě.
V té je konkrétně zmíněna televizní reklama, která přímo srovnává Zepbound a Wegovy. Ve spotu zaznívá, že pacienti užívající Zepbound ztrácejí v průměru přibližně 50 liber (22,7 kg) tělesné hmotnosti, zatímco u Wegovy to je zhruba 33 liber (15 kg). Tato čísla vycházejí z klinického srovnání nejvyšších dávek přípravku Zepbound s dávkami Wegovy 1,7 mg a 2,4 mg.
Podle Novo Nordisk však novější studie ukazují, že vyšší dávka Wegovy 7,2 mg vede v průměru k úbytku hmotnosti okolo 47 liber (21,3 kg), což se podle firmy pohybuje na srovnatelné úrovni s nejnovějšími výsledky dosahovanými přípravkem Zepbound.
Dánský výrobce zároveň tvrdí, že existence této vyšší dávky je v reklamních materiálech zmíněna pouze v obtížně čitelné poznámce pod čarou, která podle něj spotřebitelům neposkytuje dostatečné informace o aktuální účinnosti léčby, píše CNBC.
Přímá studie neexistuje
Dalším argumentem Novo Nordisku je skutečnost, že dosud nebyla provedena přímá klinická studie, která by porovnávala nejvyšší komerčně dostupné dávky Wegovy a Zepbound. Podle žaloby proto Eli Lilly nemá dostatečný základ pro kategorická tvrzení o nadřazenosti svého přípravku.
„I když to bylo možné říci předtím, než byl Wegovy dostupný i v dávce 7,2 miligramu, tak dnes už to není přesné. Myslíme si, že mají právní povinnost, ale ještě důležitější je, že mají povinnost vůči pacientům sdílet přesné informace,“ dodal Kuckelman.
JACKSONVILLE, Fla.--(BUSINESS WIRE)---- $RDW--Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions, has opened its new 30,000 square foot state-of-the-art, vertically-integrated research and microgravity payload development facility in Georgetown, Indiana. The facility will serve as a global hub supporting accelerated demand as the company continues to expand its leadership in space-enabled research, development, and manufacturing with a focus on pharmaceutical/biot.
Andra AP fonden cut its stake in Garmin Ltd. (NYSE:GRMN – Free Report) by 7.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,356 shares of the scientific and technical instruments company’s stock after selling 7,744 shares during the quarter. Andra AP fonden’s holdings in Garmin were worth $21,660,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Westmount Partners LLC grew its stake in shares of Garmin by 1.9% during the first quarter. Westmount Partners LLC now owns 2,205 shares of the scientific and technical instruments company’s stock valued at $512,000 after acquiring an additional 42 shares in the last quarter. Caldwell Trust Co boosted its holdings in Garmin by 4.4% in the first quarter. Caldwell Trust Co now owns 1,023 shares of the scientific and technical instruments company’s stock worth $237,000 after purchasing an additional 43 shares during the period. HHM Wealth Advisors LLC raised its holdings in shares of Garmin by 6.9% during the first quarter. HHM Wealth Advisors LLC now owns 698 shares of the scientific and technical instruments company’s stock worth $162,000 after purchasing an additional 45 shares during the period. Fulton Bank N.A. lifted its position in shares of Garmin by 2.9% in the 1st quarter. Fulton Bank N.A. now owns 1,672 shares of the scientific and technical instruments company’s stock worth $388,000 after buying an additional 47 shares during the last quarter. Finally, Daymark Wealth Partners LLC lifted its position in shares of Garmin by 0.7% in the 4th quarter. Daymark Wealth Partners LLC now owns 6,813 shares of the scientific and technical instruments company’s stock worth $1,382,000 after buying an additional 48 shares during the last quarter. 81.60% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Garmin In other Garmin news, CFO Douglas G. Boessen sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $237.91, for a total transaction of $475,820.00. Following the transaction, the chief financial officer owned 26,049 shares of the company’s stock, valued at approximately $6,197,317.59. This trade represents a 7.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Joseph J. Hartnett sold 643 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $263.57, for a total transaction of $169,475.51. Following the sale, the director owned 21,277 shares in the company, valued at $5,607,978.89. This trade represents a 2.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 14.80% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth A number of brokerages recently weighed in on GRMN. Tigress Financial boosted their price objective on shares of Garmin from $320.00 to $325.00 and gave the company a “strong-buy” rating in a research report on Wednesday, May 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Garmin in a report on Monday, June 8th. Zacks Research downgraded Garmin from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. JPMorgan Chase & Co. upped their target price on Garmin from $265.00 to $285.00 and gave the company a “neutral” rating in a report on Thursday, April 16th. Finally, Wall Street Zen cut Garmin from a “buy” rating to a “hold” rating in a research report on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $269.40.
View Our Latest Stock Analysis on GRMN
Garmin Trading Down 1.7% GRMN opened at $245.23 on Tuesday. The business’s 50 day moving average is $238.23 and its 200-day moving average is $233.94. The stock has a market cap of $47.30 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 2.95 and a beta of 0.90. Garmin Ltd. has a twelve month low of $186.67 and a twelve month high of $273.32.
Garmin (NYSE:GRMN – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The scientific and technical instruments company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.84 by $0.24. Garmin had a return on equity of 20.07% and a net margin of 23.26%.The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same period in the prior year, the company posted $1.61 EPS. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. Garmin has set its FY 2026 guidance at 9.350-9.350 EPS. As a group, analysts forecast that Garmin Ltd. will post 9.53 EPS for the current year.
About Garmin (Free Report)
Garmin Ltd. is a technology company best known for designing and manufacturing navigation, communication and information devices that leverage global positioning system (GPS) technology. The company serves a diverse set of markets including consumer fitness and wearables, automotive navigation, aviation avionics, marine electronics and outdoor handheld devices. Garmin’s products combine hardware, mapping and software services to deliver location-aware solutions for personal, recreational and professional uses.
Garmin’s product lineup includes wearable fitness and multisport watches (Forerunner, Fenix, Venu), cycling computers and accessories (Edge, Varia), handheld and handheld-mounted GPS devices for outdoor activities, automotive and portable navigation units, marine chartplotters and fishfinders, and certified avionics for fixed- and rotary-wing aircraft.
Recommended Stories Five stocks we like better than Garmin 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 GRMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Garmin Ltd. (NYSE:GRMN – Free Report).
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