Andra AP fonden trimmed its holdings in shares of Merck & Co., Inc. (NYSE:MRK – Free Report) by 14.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 364,485 shares of the company’s stock after selling 63,615 shares during the period. Merck & Co., Inc. makes up about 0.5% of Andra AP fonden’s investment portfolio, making the stock its 26th biggest position. Andra AP fonden’s holdings in Merck & Co., Inc. were worth $43,844,000 at the end of the most recent quarter.
Several other institutional investors have also made changes to their positions in the business. D.A. Davidson & CO. grew its stake in Merck & Co., Inc. by 4.4% in the 4th quarter. D.A. Davidson & CO. now owns 576,959 shares of the company’s stock valued at $60,731,000 after purchasing an additional 24,576 shares during the period. Farther Finance Advisors LLC increased its position in shares of Merck & Co., Inc. by 48.9% during the 4th quarter. Farther Finance Advisors LLC now owns 97,818 shares of the company’s stock valued at $10,296,000 after purchasing an additional 32,114 shares during the last quarter. Norris Perne & French LLP MI raised its stake in shares of Merck & Co., Inc. by 12.8% during the 4th quarter. Norris Perne & French LLP MI now owns 252,162 shares of the company’s stock worth $26,543,000 after purchasing an additional 28,635 shares during the period. Pinnbrook Capital Management LP raised its stake in shares of Merck & Co., Inc. by 95.2% during the 4th quarter. Pinnbrook Capital Management LP now owns 23,280 shares of the company’s stock worth $2,450,000 after purchasing an additional 11,355 shares during the period. Finally, Cibc World Market Inc. boosted its holdings in shares of Merck & Co., Inc. by 32.6% in the 4th quarter. Cibc World Market Inc. now owns 1,301,744 shares of the company’s stock worth $137,022,000 after buying an additional 320,143 shares during the last quarter. 76.07% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets MRK has been the subject of several research reports. Guggenheim increased their price target on shares of Merck & Co., Inc. from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, July 13th. JPMorgan Chase & Co. boosted their target price on shares of Merck & Co., Inc. from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Scotiabank increased their target price on shares of Merck & Co., Inc. from $136.00 to $155.00 and gave the company a “sector outperform” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada restated an “outperform” rating and set a $142.00 price target on shares of Merck & Co., Inc. in a research note on Wednesday, July 8th. Finally, CICC Research began coverage on shares of Merck & Co., Inc. in a report on Wednesday, June 24th. They issued an “outperform” rating and a $138.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Merck & Co., Inc. has an average rating of “Moderate Buy” and an average price target of $133.94.
View Our Latest Research Report on Merck & Co., Inc.
Merck & Co., Inc. Trading Down 2.4% Shares of Merck & Co., Inc. stock opened at $124.41 on Tuesday. The stock has a market capitalization of $307.27 billion, a P/E ratio of 35.05, a P/E/G ratio of 5.04 and a beta of 0.19. Merck & Co., Inc. has a 52-week low of $76.66 and a 52-week high of $131.74. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.06 and a current ratio of 1.30. The stock’s 50-day simple moving average is $120.37 and its 200 day simple moving average is $117.14.
Merck & Co., Inc. (NYSE:MRK – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported ($1.28) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.47) by $0.19. Merck & Co., Inc. had a net margin of 13.59% and a return on equity of 27.55%. The firm had revenue of $16.29 billion during the quarter, compared to analyst estimates of $15.85 billion. During the same quarter last year, the business earned $2.22 earnings per share. The company’s quarterly revenue was up 4.9% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. As a group, research analysts anticipate that Merck & Co., Inc. will post 2.76 EPS for the current year.
Merck & Co., Inc. Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Monday, June 15th were given a dividend of $0.85 per share. The ex-dividend date was Monday, June 15th. This represents a $3.40 annualized dividend and a dividend yield of 2.7%. Merck & Co., Inc.’s dividend payout ratio is currently 95.77%.
Merck & Co., Inc. Company Profile (Free Report)
Merck & Co, Inc is a global biopharmaceutical company engaged in the discovery, development, manufacture and marketing of prescription medicines, vaccines, biologic therapies and animal health products. Its portfolio spans multiple therapeutic areas with a particular emphasis on oncology, vaccines and infectious disease, as well as therapies for metabolic and chronic conditions. Among its well-known products are the cancer immunotherapy Keytruda (pembrolizumab) and the human papillomavirus vaccine Gardasil; the company also markets a range of medicines and vaccines for veterinary use through Merck Animal Health.
Founded in the late 19th century as the U.S.
Further Reading Five stocks we like better than Merck & Co., Inc. The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Merck & Co. Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merck & Co. Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEGlobal-e Online Ltd. $GLBE Shares Sold by Amova Asset Management Americas Inc.
NEXT HEADLINE »Andra AP fonden Purchases 46,000 Shares of Arista Networks, Inc. $ANET
Newmont (NYSE:NEM – Get Free Report) is anticipated to issue its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $2.00 per share and revenue of $6.3365 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:30 PM ET.
Newmont (NYSE:NEM – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.83. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The firm had revenue of $7.31 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same period in the prior year, the firm posted $1.25 EPS. The company’s revenue for the quarter was up 45.8% on a year-over-year basis. On average, analysts expect Newmont to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Newmont Stock Down 0.5% NEM opened at $89.24 on Tuesday. The stock has a fifty day moving average of $101.69 and a 200-day moving average of $110.19. The company has a market capitalization of $95.26 billion, a P/E ratio of 11.57, a P/E/G ratio of 1.03 and a beta of 0.46. Newmont has a fifty-two week low of $58.97 and a fifty-two week high of $134.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44.
Newmont Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $1.04 dividend on an annualized basis and a yield of 1.2%. Newmont’s payout ratio is currently 13.49%.
Key Headlines Impacting Newmont Here are the key news stories impacting Newmont this week:
Positive Sentiment: Several commentary pieces argue Newmont could still be attractive on valuation, suggesting the recent pullback may be creating a potential value opportunity if gold stays firm and earnings hold up. Is Newmont (NYSE:NEM) Still A Compelling Value Stock? Positive Sentiment: Gold’s strength remains a tailwind for Newmont, and one article says the company is facing a “crucial test” as the metal stays strong, which could support revenue and margins if commodity prices remain elevated. Newmont (NYSE:NEM) Faces a Crucial Test As Gold Stays Strong Positive Sentiment: Market chatter ahead of Q2 earnings points to investor interest in key operating metrics, and recent discussion of Newmont as a trading candidate around macro uncertainty suggests the stock could benefit if results exceed expectations. Newmont Stock Suddenly Offers a Double-Sided Debit Trade on U.S.-Iran Tensions and Upcoming Earnings Neutral Sentiment: Multiple previews of Newmont’s upcoming Q2 report focus on Wall Street estimates and key metrics, signaling that the stock may remain range-bound until earnings provide clearer direction. Seeking Clues to Newmont (NEM) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics Negative Sentiment: Scotiabank reportedly has a negative outlook for Newmont’s FY2027 earnings, reinforcing concerns that profit growth may slow after the current cycle. Scotiabank Has Negative Outlook for Newmont FY2027 Earnings Negative Sentiment: Technical commentary says Newmont shares have fallen to a 2026 low and support is being tested, which points to continued downside pressure unless buyers step in soon. Newmont Shares At 2026 Low, With Support Being Tested Insider Activity In related news, insider David John Thornton sold 2,296 shares of Newmont stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $252,812.56. Following the transaction, the insider directly owned 23,163 shares of the company’s stock, valued at $2,550,477.93. This trade represents a 9.02% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $92.38, for a total transaction of $277,140.00. Following the transaction, the executive vice president owned 43,315 shares of the company’s stock, valued at approximately $4,001,439.70. This represents a 6.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 28,556 shares of company stock valued at $3,058,146 over the last quarter. 0.06% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Newmont A number of large investors have recently modified their holdings of the business. AQR Capital Management LLC grew its holdings in shares of Newmont by 82.5% during the fourth quarter. AQR Capital Management LLC now owns 7,402,278 shares of the basic materials company’s stock worth $739,117,000 after purchasing an additional 3,345,543 shares during the last quarter. Boston Partners raised its holdings in Newmont by 49.3% in the 3rd quarter. Boston Partners now owns 6,931,710 shares of the basic materials company’s stock valued at $585,828,000 after buying an additional 2,288,653 shares during the last quarter. Bridgewater Associates LP boosted its position in Newmont by 496.1% during the 4th quarter. Bridgewater Associates LP now owns 2,308,909 shares of the basic materials company’s stock worth $230,545,000 after buying an additional 1,921,592 shares during the period. Ameriprise Financial Inc. boosted its position in Newmont by 142.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,262,258 shares of the basic materials company’s stock worth $189,963,000 after buying an additional 1,914,286 shares during the period. Finally, Morgan Stanley grew its holdings in Newmont by 11.6% during the 4th quarter. Morgan Stanley now owns 12,401,862 shares of the basic materials company’s stock worth $1,238,326,000 after acquiring an additional 1,284,105 shares during the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.
Wall Street Analyst Weigh In A number of research analysts have issued reports on the stock. Canadian Imperial Bank of Commerce set a $175.00 target price on shares of Newmont and gave the stock an “outperform” rating in a research report on Monday, June 1st. Zacks Research downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Bank of America cut their price target on Newmont from $157.00 to $132.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Citigroup reissued a “positive” rating on shares of Newmont in a research report on Wednesday, July 15th. Finally, Scotiabank lowered their price objective on Newmont from $151.00 to $147.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $136.26.
Check Out Our Latest Stock Analysis on Newmont
Newmont Company Profile (Get Free Report)
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
Featured Articles Five stocks we like better than Newmont The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.
VANCOUVER, BC / ACCESS Newswire / July 21, 2026 / Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF)(FSE:9MM1) ("Metallic" or the "Company") is pleased to announce that it has completed a non-brokered private placement with Newmont Corporation ("Newmont"), through a wholly owned subsidiary pursuant to its participation rights under the Investor Rights Agreement ("IRA") dated May 18, 2023. Newmont subscribed for 3,224,700 units (each, a "Unit") of the Company at a price of $0.28 per Unit, for gross proceeds of $902,916, reflecting the same terms as the Company's recently closed $10.3 million bought deal financing in June.
Each Unit consists of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant of the Company (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share at a price of $0.40 per share for a period of 36 months, commencing 61 days following the closing date.
This private placement maintains Newmont's approximately 9.2% ownership interest in the Company. The Company intends to use the net proceeds to advance exploration and development activities at its La Plata copper-silver-PGE-gold and associated critical minerals project in southwestern Colorado, USA, as well as for working capital and general corporate purposes.
The recently updated 2026 NI 43-101 Mineral Resource Estimate at the La Plata project marks a major milestone for the Company. The updated estimate expands the Inferred resource to 181.4 Mt at 0.36% copper equivalent, containing 1,307 Mlbs of copper and 17.0 Moz of silver (1,455 Mlbs CuEq). This updated estimate incorporates platinum, palladium and gold for the first time, with a 45.4 Mt subset now reporting 91,000 oz Pt, 121,000 oz Pd and 60,000 oz Au totaling ~272,000 oz of platinum group elements plus gold, which along with additional priority critical minerals designated by the U.S. government enhances the overall value and metal diversity of the deposit.
Greg Johnson, Chairman and CEO said, "Newmont has been a valued strategic shareholder since 2023, and we have appreciated the collaboration with their technical team via our IRA technical committee. The recently updated and expanded Allard resource remains open to expansion and the district-scale La Plata project has another 20 developing surface targets, which may represent additional porphyry centers. With these financing activities complete field programs are being initiated with additional updates to follow. The fundamentals for copper and critical minerals remain very strong and underscore La Plata's potential to emerge not only as a significant copper and precious metal (Ag, Au, Pt and Pd) resource, but also as a strategic source of critical minerals in the U.S. that are essential to support advanced technologies, energy transition and domestic economic development."
No fees or commissions were paid related to the private placement. The securities issued under the private placement are subject to a statutory hold period expiring four months and one day following the closing date, in accordance with applicable Canadian securities laws and the policies of the TSX Venture Exchange. The private placement is subject to final acceptance of the TSX Venture Exchange.
About Metallic Minerals
Metallic Minerals Corp. is a resource-stage exploration and development company advancing copper, silver, gold, platinum group elements, and other critical minerals at the La Plata project in southwestern Colorado, and high-grade silver, gold, lead and zinc exploration at the Keno Silver project in the Yukon Territory, adjacent to Hecla Mining's Keno Hill silver operations. The Company is also one of the largest holders of alluvial gold claims in the Yukon and is building a production royalty business through partnerships with experienced mining operators.
Metallic is led by a team with a strong track record of discovery and exploration success across multiple precious and base metal deposits in North America and is backed by strategic investment by Newmont Corporation and Eric Sprott. The Company integrates advanced data analytics into its exploration process to support target generation, accelerate discovery, and unlock value across its portfolio.
Metallic's project districts have a history of significant mineral production and benefit from existing infrastructure, including road access and nearby power. The Company's team has been recognized for environmental stewardship practices and is committed to responsible and sustainable resource development, engaging and collaborating with Canadian First Nations, U.S. Tribal and Native Corporations, and local communities to support long-term project advancement.
The scientific and technical information contained in this news release relating to the La Plata Project mineral resource estimate and the associated NI 43-101 technical report has been reviewed and approved by Scott Petsel, M.S., CPG, P.Geo., President of Metallic Minerals Corp., who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Petsel is not independent of the Company.
Forward-Looking Statements
This news release includes certain forward-looking statements within the meaning of applicable securities laws, including statements regarding the intended use of proceeds from the private placement, the receipt of final TSX Venture Exchange approval, the advancement of the Company's projects, the potential for the La Plata project to host or become a source of critical minerals, anticipated demand for critical minerals, the potential for additional porphyry centres and exploration targets, the continued participation and support of Newmont as a strategic shareholder, and other statements that are not historical facts. Forward-looking statements are based on management's current expectations and assumptions and are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed or implied. All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting timelines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, statements about expected results of operations, royalties, cash flows, financial position and future dividends as well as financial position, prospects, and future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. Although Metallic Minerals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, unsuccessful operations, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, the risk that metallurgical recovery of copper, precious metals and critical minerals remains subject to ongoing test work and may not achieve anticipated results, and that markets, demand or U.S. government policy for critical minerals may not develop as anticipated and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators. There can be no assurance that Newmont will maintain its ownership interest in the Company or exercise any future participation rights, and Newmont may dispose of some or all of its holdings; Newmont's investment in the Company should not be considered an indication of the value of, or a recommendation regarding, the Company's securities. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration, development of mines and mining operations is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable law. For more information on Metallic Minerals and the risks and challenges of their businesses, investors should review their annual filings that are available at sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Curative's CEO said maintaining the CRM is still a challenge. He still suggests it to other businesses. Frazer Harrison/Getty Images Curative CEO and founder Fred Turner believes in the SaaSpocalypse.
During an interview on the "20VC with Harry Stebbings" podcast, the health insurance executive was asked whether he bought the theory that software-as-a-service was dying.
"Yes," Turner said, bluntly.
When asked why, he said, "I see the number of contracts that we're canceling. We just recently canceled our Salesforce contract because we have an internal CRM that was vibecoded."
That Salesforce contract cost Curative $600,000 a year, Turner said. He added that Curative built its replacement in two months.
Overall, Curative plans to cut about 80% of its SaaS spending this year, according to Turner. The company is spending on AI instead, he said. Curative did not respond to a request for comment.
He's describing the exact SaaSpocalypse fear that spooked Wall Street at the start of 2026. As AI coding agents quickly improved, investors feared that companies that bought software-as-a-service would turn to AI tools and build their own bespoke products. Software providers — such as Salesforce, Asana, DocuSign, ServiceNow, Adobe, and Workday — saw their stocks drop by 20% to 50% amid those snowballing concerns.
Salesforce's CEO, Marc Benioff, has also strongly pushed back, saying that he's still seeing "incredible demand" for his products. He's also pointed out that Anthropic, the massive AI lab behind Claude, still uses Salesforce services.
"If there is a 'SaaSpocalypse,' it may be eaten by the 'SaaS-quatch' because there are a lot of companies using a lot of SaaS because it just got better with agents," Benioff said during a February earnings call.
A Salesforce spokesperson told Business Insider that 150,000 companies still use its platforms and highlighted that its tools are built to navigate complex healthcare patient regulations, such as HIPAA.
"Our platform is built with trust and governance at its core," a Salesforce spokesperson told Business Insider.
Turner acknowledged that replacing outside software with custom-built systems hasn't been perfect. Maintenance is "definitely one of the most challenging pieces," he said.
He also said Curative's spending on Anthropic had surged as the company found more uses for AI.
"Our Anthropic cost over the last six or seven months has 6x'd every month, from a base of a couple of tens of thousands of dollars, now up to millions of dollars a month," Turner said. "Eventually, we're going to have to stop that spending increase because it'll get unreasonable, but we just keep finding new things to do with it."
For Curative, however, Turner said the economics would still work — even if Anthropic were to quintuple its prices.
He pointed to Gwen, a bespoke AI agent Curative uses to negotiate contracts with doctors and other healthcare providers. Turner said completing one contract before AI had cost the company an average of $1,500 to $2,000. Gwen's average cost is about $70, he said.
"What we've done is said, 'Well, now that we have the agent, we can do 10 times as many contracts this year as we could do last year,'" Turner said. "So, we're going to do 10 times, and then we're going to try and do 20 times, and we would just do a lot more volume than you could possibly have done with a human team."
Read next
Ben Shimkus You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.
Ben Shimkus is a reporter for the Business News desk. He writes about cars, transportation, retail, and jobs. Ben's reporting has appeared in Rolling Stone, The Verge, Automotive News, USA Today, AutoBody News, LGBTQ Nation, TopSpeed, and Out Magazine. He's also held staff writing positions at The U.S. Sun and the Daily Mail. He graduated from NYU with a Master's in journalism in 2024. Email Ben at [email protected] or message him privately on Signal at bshimkus.41.
Andra AP fonden boosted its stake in shares of Linde PLC (NASDAQ:LIN – Free Report) by 35.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,125 shares of the basic materials company’s stock after buying an additional 15,815 shares during the quarter. Andra AP fonden’s holdings in Linde were worth $29,808,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in LIN. Darwin Wealth Management LLC acquired a new position in Linde during the second quarter worth $25,000. Legacy Wealth Managment LLC ID grew its holdings in Linde by 96.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 57 shares of the basic materials company’s stock valued at $28,000 after purchasing an additional 28 shares during the last quarter. Triumph Capital Management increased its position in shares of Linde by 69.2% in the fourth quarter. Triumph Capital Management now owns 66 shares of the basic materials company’s stock valued at $28,000 after buying an additional 27 shares in the last quarter. Strengthening Families & Communities LLC increased its position in shares of Linde by 134.5% in the fourth quarter. Strengthening Families & Communities LLC now owns 68 shares of the basic materials company’s stock valued at $29,000 after buying an additional 39 shares in the last quarter. Finally, High Note Wealth LLC raised its stake in shares of Linde by 108.6% during the 4th quarter. High Note Wealth LLC now owns 73 shares of the basic materials company’s stock worth $31,000 after buying an additional 38 shares during the last quarter. 82.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of equities research analysts recently commented on LIN shares. UBS Group reissued a “buy” rating and issued a $600.00 price objective on shares of Linde in a research note on Tuesday, June 2nd. Sanford C. Bernstein set a $559.00 price target on shares of Linde in a report on Friday. BMO Capital Markets reiterated an “outperform” rating and issued a $560.00 price target on shares of Linde in a research report on Tuesday, May 5th. Seaport Research Partners raised their price objective on shares of Linde from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Finally, Weiss Ratings upgraded Linde from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $548.67.
Get Our Latest Stock Report on Linde
Linde Trading Down 0.2% Shares of LIN stock opened at $512.05 on Tuesday. The company has a market capitalization of $236.74 billion, a price-to-earnings ratio of 34.00, a PEG ratio of 3.22 and a beta of 0.72. The company has a current ratio of 0.83, a quick ratio of 0.69 and a debt-to-equity ratio of 0.50. The firm has a 50-day moving average price of $516.10 and a 200 day moving average price of $492.13. Linde PLC has a twelve month low of $387.78 and a twelve month high of $548.20.
Linde (NASDAQ:LIN – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The basic materials company reported $4.33 EPS for the quarter, topping analysts’ consensus estimates of $4.27 by $0.06. The business had revenue of $8.78 billion during the quarter, compared to the consensus estimate of $8.60 billion. Linde had a net margin of 20.44% and a return on equity of 19.80%. The company’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.95 earnings per share. Linde has set its FY 2026 guidance at 17.600-17.900 EPS and its Q2 2026 guidance at 4.400-4.500 EPS. Research analysts forecast that Linde PLC will post 17.88 earnings per share for the current fiscal year.
Linde Announces Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $1.60 dividend. This represents a $6.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Linde’s payout ratio is presently 42.50%.
Linde Company Profile (Free Report)
Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.
Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.
Read More Five stocks we like better than Linde The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Linde Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Linde and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Purchases 15,800 Shares of Welltower Inc. $WELL
NEXT HEADLINE »Andra AP fonden Purchases 103,374 Shares of Oracle Corporation $ORCL
, /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the second quarter ended June 30, 2026.
"The GPC team delivered solid second quarter results, driven by continued sales growth and disciplined execution across our businesses," said Will Stengel, Chairman and Chief Executive Officer. "Our teams performed well despite a dynamic global environment, and we remain on track to complete our planned separation in the first quarter of 2027."
Second Quarter 2026 Results
Sales were $6.5 billion, a 6.0% increase compared to $6.2 billion in the same period of the prior year. The improvement is attributable to a 3.4% increase in comparable sales, a net 1.4% favorable impact of foreign currency and a 1.2% benefit from acquisitions.
Net income was $228 million, or $1.65 per diluted earnings per share. This compares to net income of $255 million, or $1.83 per diluted share in the prior year period.
Adjusted net income was $296 million, or $2.15 per diluted earnings per share. Adjusted net income excludes $69 million of after-tax adjustments, or $0.50 per diluted share, which relates to costs associated with the company's global restructuring initiative and the planned separation of the company's Global Automotive and Global Industrial businesses. This compares to adjusted net income of $292 million, or $2.10 per diluted share in the prior year period. Refer to the reconciliation of GAAP net income to adjusted net income and GAAP diluted net income per common share to adjusted diluted net income per common share for more information.
Second Quarter 2026 Segment Highlights
North America Automotive Parts Group ("North America Automotive")
North America Automotive sales were $2.5 billion, up 3.8% from the same period in 2025. The improvement is primarily attributable to a 2.6% increase in comparable sales and a 1.3% benefit from acquisitions. Segment EBITDA of $208 million increased 6.0%, with segment EBITDA margin of 8.2%, up 20 basis points from the same period of the prior year.
International Automotive Parts Group ("International Automotive")
International Automotive sales were $1.6 billion, up 8.2% from the same period in 2025. The improvement is primarily attributable to a 4.9% favorable impact of foreign currency, a 2.7% benefit from acquisitions and a 0.6% increase in comparable sales. Segment EBITDA of $150 million increased 6.0%, with segment EBITDA margin of 9.4%, down 20 basis points from the same period of the prior year.
Industrial Parts Group ("Industrial")
Industrial sales were $2.4 billion, up 7.1% from the same period in 2025. The improvement is primarily attributable to a 6.1% increase in comparable sales, a 0.8% favorable impact of foreign currency and a 0.2% benefit from acquisitions. Segment EBITDA of $316 million increased 9.8%, with segment EBITDA margin of 13.1%, up 30 basis points from the same period of the prior year.
Year to Date 2026 Results
Sales for the six months ended June 30, 2026 were $12.8 billion, up 6.4% from the same period in 2025. Net income for the six months was $416 million, or $3.01 per diluted share. This compares to net income of $449 million, or $3.23 per diluted share, in the prior year period. Adjusted net income increased 1.1% to $541 million in the first half of 2026, compared to adjusted net income of $535 million in the prior year period. Adjusted diluted earnings per share was $3.92 compared to $3.84 in the prior year period, an increase of 2.1%.
Balance Sheet, Cash Flow and Capital Allocation
The company generated cash flow from operations of $464 million for the first six months of 2026. Net cash used in investing activities was $228 million, including $205 million for capital expenditures and $38 million for acquisitions. Net cash used in financing activities was $124 million, including net proceeds of debt (including net commercial paper) of $204 million, partially offset by $288 million for quarterly dividends paid to shareholders. Free cash flow was $259 million for the first six months of 2026. Refer to the reconciliation of GAAP net cash provided by operating activities to free cash flow for more information.
As of June 30, 2026, total liquidity was $2.3 billion, consisting of $559 million in cash, $500 million available under the Delayed Draw Loan Facility, and $1.2 billion of available capacity under the company's $2.0 billion Revolving Credit Agreement. This reflects $70 million drawn on the revolver and $683 million outstanding under our commercial paper program.
2026 Outlook
The company is reaffirming its adjusted diluted earnings per share outlook and updating elements of its previous full-year 2026 outlook provided in its earnings releases on February 17, 2026 and April 21, 2026. The company considered its recent business trends and financial results, current growth plans, strategic initiatives, global economic outlook, geopolitical conflicts and the potential impact on results in updating its outlook, which is outlined in the table below. The updated GAAP earnings-per-share outlook includes expected costs associated with the company's restructuring initiatives, and includes costs related to the planned separation that have been incurred year-to-date.
For the Year Ending December 31, 2026
Previous Outlook
Updated Outlook
Total sales growth
3% to 5.5%
3% to 5.5%
North America Automotive sales growth
3% to 5%
2.5% to 4.5%
International Automotive sales growth
3% to 6%
5% to 8%
Industrial sales growth
3% to 6%
3% to 6%
Diluted earnings per share
$6.10 to $6.60
$5.90 to $6.40
Adjusted diluted earnings per share
$7.50 to $8.00
$7.50 to $8.00
Effective tax rate
Approx. 24%
Approx. 24%
Net cash provided by operating activities
$1.0 billion to $1.2 billion
$1.0 billion to $1.2 billion
Free cash flow
$550 million to $700 million
$550 million to $700 million
Non-GAAP Information
This release contains certain financial information not derived in accordance with United States ("U.S.") generally accepted accounting principles ("GAAP"). These items include adjusted net income, adjusted diluted net income per common share, adjusted selling, administrative, and other expenses, and free cash flow. The company believes that the presentation of adjusted net income, adjusted diluted net income per common share, adjusted selling, administrative and other expenses and free cash flow, when considered together with the corresponding GAAP financial measures and the reconciliations to those measures, provide meaningful supplemental information to both management and investors that is indicative of the company's core operations. The company considers these metrics useful to investors because they provide greater transparency into management's view and assessment of the company's ongoing operating performance by removing items management believes are not representative of the company's continuing operations and may distort the company's longer-term operating trends. The company believes these measures are useful and enhance the comparability of the results from period to period and with the company's competitors, as well as show ongoing results from operations distinct from items that are infrequent or not associated with the company's core operations. The company does not, nor does it suggest investors should consider such non-GAAP financial measures as superior to, in isolation from, or as a substitute for, GAAP financial information. The company has included a reconciliation of this additional information to the most comparable GAAP measure following the financial statements below. The company does not provide a forward-looking outlook for certain financial measures on a GAAP basis because the company is unable to predict certain items contained in the GAAP measures without unreasonable efforts. These items may include separation costs, acquisition-related costs, litigation charges or settlements, impairment charges, restructuring costs and certain other unusual adjustments.
Comparable Sales
Comparable sales is a key metric that refers to period-over-period comparisons of the company's net sales excluding the impact of acquisitions, foreign currency and other. The company's calculation of comparable sales is computed using total business days for the period and is inclusive of sales from company-owned stores and sales into independent stores. The company considers this metric useful to investors because it provides greater transparency into management's view and assessment of the company's core ongoing operations. This is a metric that is widely used by analysts, investors and competitors, however the company's calculation of the metric may not be comparable to similar measures disclosed by other companies, because not all companies and analysts calculate this metric in the same manner.
Conference Call
Genuine Parts Company will hold a conference call today at 8:30 a.m. Eastern Time to discuss the results of the quarter. A supplemental earnings deck will also be available for reference. Interested parties may listen to the call and view the supplemental earnings deck on the company's investor relations website. The call is also available by dialing 800-836-8184. A replay of the call will be available on the company's website or toll-free at 888-660-6345, conference ID 72948#, two hours after the completion of the call.
About Genuine Parts Company
Established in 1928, Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-added solutions. Our Automotive Parts Group operates across North America, Europe and Australasia, while our Industrial Parts Group serves customers across North America and Australasia. We keep the world moving with a vast network of over 10,800 locations spanning 17 countries supported by more than 65,000 teammates. Learn more at genpt.com.
Forward-Looking Statements
Some statements in this release, as well as in other materials the company files with the Securities and Exchange Commission ("SEC"), release to the public, or make available on the company's website, constitute forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in the future tense and all statements accompanied by words such as "expect," "likely," "outlook," "forecast," "preliminary," "would," "could," "should," "position," "will," "project," "intend," "plan," "on track," "anticipate," "to come," "may," "possible," "assume," or similar expressions are intended to identify such forward-looking statements. These forward-looking statements include the company's view of business and economic trends for the remainder of the year and the company's expectations regarding its ability to capitalize on these business and economic trends; the company's full-year 2026 outlook and the company's ability to successfully execute on its strategic priorities, including the company's anticipated separation of Global Automotive and Global Industrial into two independent, publicly traded companies. Senior officers may also make verbal statements to analysts, investors, the media and others that are forward-looking.
The company cautions you that all forward-looking statements involve risks and uncertainties, and while the company believes its expectations for the future are reasonable in view of currently available information, you are cautioned not to place undue reliance on the company's forward-looking statements. Actual results or events may differ materially from those indicated as a result of various important factors. Such factors may include, among other things, changes in general economic conditions, including persistent inflation (including the direct and indirect impact of tariffs and retaliatory tariffs) or deflation, geopolitical uncertainty and unrest (including from the conflict involving the United States and Iran) and declining consumer confidence; the company's ability to successfully implement the separation of Global Automotive and Global Industrial and achieve the anticipated benefits of such transaction; volatility in oil prices; significant costs, such as elevated fuel and freight expenses; the company's ability to maintain compliance with its debt covenants; its ability to successfully integrate acquired businesses into its operations and to realize the anticipated synergies and benefits; its ability to successfully implement its business initiatives in its three business segments; slowing demand for its products; the ability to maintain favorable supplier arrangements and relationships; changes in national and international legislation or government regulations or policies, including changes to global trade regulations, environmental and social policy, infrastructure programs and privacy legislation and related uncertainties, and their impact on the company, its suppliers and customers; changes in tax policies; volatile exchange rates; the company's ability to successfully attract and retain employees in the current labor market; uncertain credit markets and other macroeconomic conditions; competitive product, service and pricing pressures; failure or weakness in the company's disclosure controls and procedures and internal controls over financial reporting; the uncertainties and costs of litigation; public health emergencies, including the effects on the financial health of the company's business partners and customers, on supply chains and its suppliers, on vehicle miles driven as well as other metrics that affect the company's business, and on access to capital and liquidity provided by the financial and capital markets; disruptions caused by a failure or breach of the company's information systems; the success of its global restructuring efforts and the annualized cost savings arising therefrom, as well as other risks and uncertainties discussed in the company's Annual Report on Form 10-K and from time to time in its subsequent filings with the SEC.
Forward-looking statements speak only as of the date they are made, and the company undertakes no duty to update any forward-looking statements except as required by law. You are advised, however, to review any further disclosures the company makes on related subjects in subsequent Forms 10-K, 10-Q, 8-K and other reports filed with the SEC.
GENUINE PARTS COMPANY AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands, except per share data)
2026
2025
2026
2025
Net sales
$ 6,536,951
$ 6,164,425
$ 12,801,891
$ 12,030,494
Cost of goods sold
4,066,244
3,840,037
7,992,220
7,532,422
Gross profit
2,470,707
2,324,388
4,809,671
4,498,072
Operating expenses:
Selling, administrative and other
expenses
1,917,508
1,771,195
3,774,338
3,480,874
Depreciation and amortization
134,716
123,018
265,744
238,453
Provision for doubtful accounts
10,998
7,625
18,101
13,480
Restructuring and other costs
71,149
45,712
128,881
100,482
Total operating expenses
2,134,371
1,947,550
4,187,064
3,833,289
Non-operating expense (income):
Interest expense, net
45,800
40,211
89,753
77,427
Other
(3,294)
(1,930)
(6,369)
(2,838)
Total non-operating expense
42,506
38,281
83,384
74,589
Income before income taxes
293,830
338,557
539,223
590,194
Income taxes
66,272
83,677
123,130
140,922
Net income
$ 227,558
$ 254,880
$ 416,093
$ 449,272
Dividends declared per common share
$ 1.0625
$ 1.0300
$ 2.1250
$ 2.0600
Basic earnings per share
$ 1.65
$ 1.83
$ 3.02
$ 3.23
Diluted earnings per share
$ 1.65
$ 1.83
$ 3.01
$ 3.23
Weighted average common shares
outstanding
137,773
138,990
137,698
138,887
Dilutive effect of stock options and non-
vested restricted stock awards
204
254
319
320
Weighted average common shares
outstanding – assuming dilution
137,977
139,244
138,017
139,207
GENUINE PARTS COMPANY AND SUBSIDIARIES
SEGMENT INFORMATION
(UNAUDITED)
The following table presents net sales by segment and a reconciliation from segment EBITDA to net
income:
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)
2026
2025
2026
2025
Net sales:
North America Automotive
$ 2,537,236
$ 2,444,377
$ 4,900,268
$ 4,709,158
International Automotive
1,588,112
1,467,904
3,173,628
2,868,011
Industrial
2,411,603
2,252,144
4,727,995
4,453,325
Segment EBITDA:
North America Automotive
208,328
196,500
364,533
343,495
International Automotive
149,991
141,492
294,836
280,004
Industrial
316,447
288,138
630,567
566,849
Corporate EBITDA (1)
(107,813)
(78,632)
(227,338)
(169,757)
Interest expense, net
(45,800)
(40,211)
(89,753)
(77,427)
Depreciation and amortization
(134,716)
(123,018)
(265,744)
(238,453)
Other unallocated costs
(92,607)
(45,712)
(167,878)
(114,517)
Income before income taxes
293,830
338,557
539,223
590,194
Income taxes
(66,272)
(83,677)
(123,130)
(140,922)
Net income
$ 227,558
$ 254,880
$ 416,093
$ 449,272
(1)
Corporate EBITDA consists of costs related to the company's Corporate headquarters' broad support to the company's business units and other costs that are managed centrally and not allocated to business segments. These include personnel and other costs for company-wide functions such as executive leadership, human resources, technology, cybersecurity, legal, corporate finance, internal audit, and risk management, as well as product liability costs and A/R Sales Agreement fees.
The following table presents a summary of the other unallocated costs:
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)
2026
2025
2026
2025
Other unallocated costs:
Restructuring and other costs (2)
$ (76,438)
$ (45,712)
$ (134,170)
$ (100,482)
Separation costs (3)
(16,169)
—
(33,708)
—
Acquisition and integration related
costs and other (4)
—
—
—
(14,035)
Total other unallocated costs
$ (92,607)
$ (45,712)
$ (167,878)
$ (114,517)
(2)
Amount reflects costs related to our global restructuring initiative which includes employee severance and other termination benefits, and the rationalization and optimization of certain distribution centers, stores and other facilities.
(3)
Amount primarily reflects legal and professional services and executive incentive plan costs related to the planned separation of the company's Global Automotive and Global Industrial businesses that was announced on February 17, 2026 and is targeted for completion in the first quarter of 2027.
(4)
Amount primarily reflects lease and other exit costs related to the integration of acquired independent automotive stores.
GENUINE PARTS COMPANY AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(UNAUDITED)
(in thousands, except share and per share data)
June 30, 2026
December 31, 2025
Assets
Current assets:
Cash and cash equivalents
$ 559,118
$ 477,179
Trade accounts receivable, net
2,652,749
2,370,939
Merchandise inventories, net
6,287,933
6,071,996
Prepaid expenses and other current assets
1,565,881
1,644,620
Total current assets
11,065,681
10,564,734
Goodwill
3,190,572
3,188,815
Other intangible assets, net
1,774,401
1,855,714
Property, plant and equipment, net
2,152,789
2,172,140
Operating lease assets
2,018,088
2,084,487
Other assets
856,762
929,650
Total assets
$ 21,058,293
$ 20,795,540
Liabilities and equity
Current liabilities:
Trade accounts payable
$ 6,279,867
$ 6,051,882
Short-term borrowings
752,474
943,540
Current portion of long-term debt
250,000
353,788
Dividends payable
148,070
143,291
Other current liabilities
2,117,656
2,295,204
Total current liabilities
9,548,067
9,787,705
Long-term debt
3,976,648
3,498,423
Operating lease liabilities
1,673,663
1,739,478
Pension and other post–retirement benefit liabilities
219,833
219,270
Deferred tax liabilities
378,977
385,948
Other long-term liabilities
717,316
724,353
Equity:
Preferred stock, par value – $1 per share; authorized –
10,000,000 shares; none issued
—
—
Common stock, par value – $1 per share; authorized –
450,000,000 shares; issued and outstanding – 2026 –
137,859,581 shares; 2025 – 137,617,832 shares
137,860
137,618
Additional paid-in capital
244,572
228,370
Accumulated other comprehensive loss
(548,532)
(511,766)
Retained earnings
4,692,112
4,568,769
Total parent equity
4,526,012
4,422,991
Noncontrolling interests in subsidiaries
17,777
17,372
Total equity
4,543,789
4,440,363
Total liabilities and equity
$ 21,058,293
$ 20,795,540
GENUINE PARTS COMPANY AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)
Six Months Ended June 30,
(in thousands)
2026
2025
Operating activities:
Net income
$ 416,093
$ 449,272
Adjustments to reconcile net income to net cash provided by (used in)
operating activities:
Depreciation and amortization
265,744
238,453
Share-based compensation
29,698
24,180
Other operating activities, including changes in operating assets and
liabilities
(247,421)
(542,790)
Net cash provided by operating activities
464,114
169,115
Investing activities:
Purchases of property, plant and equipment
(205,391)
(248,822)
Proceeds from sale of property, plant and equipment
17,884
19,451
Acquisitions of businesses
(37,613)
(111,973)
Proceeds from divestitures of businesses
6,718
59
Other investing activities
(9,604)
23,335
Net cash used in investing activities
(228,006)
(317,950)
Financing activities:
Proceeds from debt
791,217
21,405
Payments on debt
(926,328)
(522,637)
Net proceeds of commercial paper
338,853
916,587
Shares issued from employee incentive plans
(13,254)
(15,254)
Dividends paid
(287,972)
(277,306)
Other financing activities
(26,679)
(20,268)
Net cash provided by (used in) financing activities
(124,163)
102,527
Effect of exchange rate changes on cash and cash equivalents
(30,006)
24,310
Net increase (decrease) in cash and cash equivalents
81,939
(21,998)
Cash and cash equivalents at beginning of period
477,179
479,991
Cash and cash equivalents at end of period
$ 559,118
$ 457,993
GENUINE PARTS COMPANY AND SUBSIDIARIES
RECONCILIATION OF GAAP NET INCOME TO ADJUSTED NET INCOME AND GAAP
DILUTED NET INCOME PER COMMON SHARE TO ADJUSTED DILUTED NET INCOME PER
COMMON SHARE
(UNAUDITED)
The table below represents a reconciliation from GAAP net income to adjusted net income:
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)
2026
2025
2026
2025
GAAP net income
$ 227,558
$ 254,880
$ 416,093
$ 449,272
Adjustments:
Restructuring and other costs (1)
76,438
45,712
134,170
100,482
Separation costs (2)
16,169
—
33,708
—
Acquisition and integration related
costs and other (3)
—
—
—
14,035
Total adjustments
92,607
45,712
167,878
114,517
Tax impact of adjustments (4)
(23,931)
(8,805)
(43,186)
(28,929)
Adjusted net income
$ 296,234
$ 291,787
$ 540,785
$ 534,860
The table below represents amounts per common share assuming dilution:
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands, except per share data)
2026
2025
2026
2025
GAAP diluted net income per common share
$ 1.65
$ 1.83
$ 3.01
$ 3.23
Adjustments:
Restructuring and other costs (1)
0.55
0.33
0.97
0.72
Separation costs (2)
0.12
—
0.24
—
Acquisition and integration related
costs and other (3)
—
—
—
0.10
Total adjustments
0.67
0.33
1.21
0.82
Tax impact of adjustments (4)
(0.17)
(0.06)
(0.30)
(0.21)
Adjusted diluted net income per
common share
$ 2.15
$ 2.10
$ 3.92
$ 3.84
Weighted average common shares
outstanding – assuming dilution
137,977
139,244
138,017
139,207
(1)
Amount reflects costs related to our global restructuring initiative which includes employee severance and other termination benefits, and the rationalization and optimization of certain distribution centers, stores and other facilities.
(2)
Amount primarily reflects legal and professional services and executive incentive plan costs related to the planned separation of our Global Automotive and Global Industrial businesses that was announced on February 17, 2026 and is targeted for completion in the first quarter of 2027.
(3)
Amount primarily reflects lease and other exit costs related to the integration of acquired independent automotive stores.
(4)
We determine the tax effect of non-GAAP adjustments by considering the tax laws and statutory income tax rates applicable in the tax jurisdictions of the underlying non-GAAP adjustments, including any related valuation allowances. For the three and six months ended June 30, 2026, we applied the statutory income tax rates to the taxable portion of all of our adjustments, which resulted in a tax impact of $24 million and $43 million, respectively.
The table below clarifies where the items that have been adjusted above to improve comparability of the
financial information from period to period are presented in the condensed consolidated statements of
income.
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)
2026
2025
2026
2025
Line item:
Cost of goods sold
$ 5,289
$ —
$ 5,289
$ —
Selling, administrative and other
expenses
16,169
—
33,708
14,035
Restructuring and other costs
71,149
45,712
128,881
100,482
Total adjustments
$ 92,607
$ 45,712
$ 167,878
$ 114,517
GENUINE PARTS COMPANY AND SUBSIDIARIES
RECONCILIATION OF GAAP SELLING, ADMINISTRATIVE AND OTHER EXPENSES TO
ADJUSTED SELLING, ADMINISTRATIVE AND OTHER EXPENSES
(UNAUDITED)
The table below represents a reconciliation from GAAP selling, administrative and other expenses to
adjusted selling, administrative and other expenses:
Three Months Ended June 30,
Six Months Ended June 30,
(in thousands)
2026
2025
2026
2025
GAAP selling, administrative and
other expenses
$ 1,917,508
$ 1,771,195
$ 3,774,338
$ 3,480,874
Adjustments:
Separation costs
(16,169)
—
(33,708)
—
Acquisition and integration related
costs and other
—
—
—
(14,035)
Total adjustments (1)
(16,169)
—
(33,708)
(14,035)
Adjusted selling, administrative and
other expenses
$ 1,901,339
$ 1,771,195
$ 3,740,630
$ 3,466,839
Net sales
$ 6,536,951
$ 6,164,425
$ 12,801,891
$ 12,030,494
GAAP SG&A expenses as a
percentage of net sales
29.3 %
28.7 %
29.5 %
28.9 %
Adjusted SG&A expenses as a
percentage of net sales
29.1 %
28.7 %
29.2 %
28.8 %
(1)
Refer to the explanation of adjustments included within the reconciliation of GAAP net income to adjusted net income table for further information.
GENUINE PARTS COMPANY AND SUBSIDIARIES
CHANGE IN NET SALES SUMMARY
(UNAUDITED)
Three Months Ended June 30, 2026
Comparable
Sales
Acquisitions
Foreign
Currency
Other
GAAP Total
Net Sales
North America Automotive
2.6 %
1.3 %
— %
(0.1) %
3.8 %
International Automotive
0.6 %
2.7 %
4.9 %
— %
8.2 %
Industrial
6.1 %
0.2 %
0.8 %
— %
7.1 %
Total Net Sales
3.4 %
1.2 %
1.4 %
— %
6.0 %
Six Months Ended June 30, 2026
Comparable
Sales
Acquisitions
Foreign
Currency
Other
GAAP Total
Net Sales
North America Automotive
2.4 %
1.4 %
0.4 %
(0.1) %
4.1 %
International Automotive
0.4 %
2.5 %
7.8 %
— %
10.7 %
Industrial
5.0 %
0.2 %
1.0 %
— %
6.2 %
Total Net Sales
2.9 %
1.2 %
2.3 %
— %
6.4 %
GENUINE PARTS COMPANY AND SUBSIDIARIES
RECONCILIATION OF GAAP NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE
CASH FLOW
(UNAUDITED)
Andra AP fonden reduced its position in shares of Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM) by 3.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,561 shares of the mining company’s stock after selling 4,926 shares during the period. Andra AP fonden’s holdings in Agnico Eagle Mines were worth $25,486,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Capital World Investors boosted its holdings in shares of Agnico Eagle Mines by 2.8% in the 4th quarter. Capital World Investors now owns 21,338,277 shares of the mining company’s stock valued at $3,618,730,000 after buying an additional 572,473 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Agnico Eagle Mines by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 20,979,666 shares of the mining company’s stock worth $3,557,772,000 after purchasing an additional 309,717 shares during the last quarter. Van ECK Associates Corp increased its position in shares of Agnico Eagle Mines by 21.6% during the fourth quarter. Van ECK Associates Corp now owns 17,225,477 shares of the mining company’s stock worth $2,920,258,000 after purchasing an additional 3,062,705 shares in the last quarter. TD Asset Management Inc increased its position in shares of Agnico Eagle Mines by 1.7% during the fourth quarter. TD Asset Management Inc now owns 9,665,456 shares of the mining company’s stock worth $1,641,239,000 after purchasing an additional 165,263 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its holdings in shares of Agnico Eagle Mines by 4.0% in the 4th quarter. Mackenzie Financial Corp now owns 8,687,624 shares of the mining company’s stock valued at $1,489,509,000 after purchasing an additional 332,797 shares during the last quarter. Hedge funds and other institutional investors own 68.34% of the company’s stock.
Wall Street Analyst Weigh In A number of analysts recently issued reports on AEM shares. Barclays decreased their target price on Agnico Eagle Mines from $210.00 to $188.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Wall Street Zen cut Agnico Eagle Mines from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Bank of America decreased their price objective on Agnico Eagle Mines from $302.00 to $240.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Jefferies Financial Group raised shares of Agnico Eagle Mines from a “hold” rating to a “buy” rating and lifted their target price for the company from $187.00 to $200.00 in a report on Monday, July 6th. Finally, Scotiabank reduced their price target on shares of Agnico Eagle Mines from $278.00 to $260.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Agnico Eagle Mines currently has an average rating of “Moderate Buy” and an average target price of $233.62.
Check Out Our Latest Stock Report on Agnico Eagle Mines
Agnico Eagle Mines Stock Performance Shares of AEM stock opened at $136.25 on Tuesday. The stock’s 50-day moving average price is $164.20 and its 200 day moving average price is $191.31. The company has a quick ratio of 2.18, a current ratio of 3.15 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $69.15 billion, a PE ratio of 12.81, a price-to-earnings-growth ratio of 1.82 and a beta of 0.60. Agnico Eagle Mines Limited has a 52-week low of $119.84 and a 52-week high of $255.24.
Agnico Eagle Mines (NYSE:AEM – Get Free Report) (TSE:AEM) last released its earnings results on Thursday, April 30th. The mining company reported $3.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.21. Agnico Eagle Mines had a return on equity of 21.09% and a net margin of 39.46%.The business had revenue of $4 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same quarter in the previous year, the company posted $1.53 earnings per share. The company’s revenue for the quarter was up 66.1% compared to the same quarter last year. As a group, equities research analysts forecast that Agnico Eagle Mines Limited will post 12.29 EPS for the current year.
Agnico Eagle Mines Company Profile (Free Report)
Agnico Eagle Mines Limited (NYSE: AEM) is a Canadian-based senior gold producer headquartered in Toronto, Ontario. The company is principally engaged in the exploration, development, production and reclamation of gold-bearing properties. Agnico Eagle pursues both greenfield and brownfield exploration to expand its resource base and operates a portfolio of producing mines and development projects to generate long-life gold production.
Its core business activities span the full mining lifecycle: grassroots and advanced-stage exploration, prefeasibility and feasibility studies, mine construction, underground and open-pit mining, ore processing and metal recovery, and post-mining reclamation and closure.
Featured Articles Five stocks we like better than Agnico Eagle Mines 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 AEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Agnico Eagle Mines Limited (NYSE:AEM – Free Report) (TSE:AEM).
Receive News & Ratings for Agnico Eagle Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Agnico Eagle Mines and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Reduces Position in Lam Research Corporation $LRCX
NEXT HEADLINE »Andra AP fonden Increases Stock Position in Amphenol Corporation $APH
Andra AP fonden cut its stake in shares of Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) by 43.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 788,972 shares of the mining company’s stock after selling 599,728 shares during the quarter. Andra AP fonden owned 0.07% of Kinross Gold worth $24,079,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI bought a new stake in shares of Kinross Gold during the first quarter worth $911,000. Balefire LLC lifted its stake in shares of Kinross Gold by 10.5% in the 1st quarter. Balefire LLC now owns 10,325 shares of the mining company’s stock valued at $315,000 after acquiring an additional 978 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Kinross Gold by 10.5% during the 1st quarter. Parallel Advisors LLC now owns 10,284 shares of the mining company’s stock valued at $314,000 after acquiring an additional 974 shares in the last quarter. AlphaCentric Advisors LLC boosted its holdings in shares of Kinross Gold by 48.3% during the 1st quarter. AlphaCentric Advisors LLC now owns 11,462 shares of the mining company’s stock valued at $350,000 after acquiring an additional 3,731 shares in the last quarter. Finally, SEB Asset Management AB bought a new stake in Kinross Gold during the 1st quarter worth $12,637,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.
Kinross Gold Stock Down 0.3% Shares of NYSE:KGC opened at $22.50 on Tuesday. The business’s 50 day moving average is $26.28 and its 200 day moving average is $30.31. Kinross Gold Corporation has a 12-month low of $15.37 and a 12-month high of $39.11. The stock has a market cap of $26.69 billion, a price-to-earnings ratio of 9.53, a PEG ratio of 0.61 and a beta of 0.78. The company has a quick ratio of 1.83, a current ratio of 2.84 and a debt-to-equity ratio of 0.08.
Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last issued its quarterly earnings data on Wednesday, April 29th. The mining company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.03. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.38 billion. Kinross Gold had a return on equity of 32.47% and a net margin of 35.99%.The business’s revenue was up 60.8% on a year-over-year basis. During the same period last year, the business earned $0.30 EPS. On average, sell-side analysts forecast that Kinross Gold Corporation will post 2.65 earnings per share for the current fiscal year.
Kinross Gold Announces Dividend The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, May 21st. Kinross Gold’s dividend payout ratio (DPR) is presently 6.78%.
Analyst Upgrades and Downgrades A number of equities analysts have issued reports on KGC shares. Zacks Research cut Kinross Gold from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. ATB Cormark Capital Markets raised Kinross Gold from a “hold” rating to a “moderate buy” rating in a research note on Friday, May 1st. Wall Street Zen downgraded Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 24th. Jefferies Financial Group lowered their target price on Kinross Gold from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Finally, Weiss Ratings cut Kinross Gold from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $37.31.
Get Our Latest Stock Analysis on KGC
About Kinross Gold (Free Report)
Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.
Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.
Featured Stories Five stocks we like better than Kinross Gold The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Kinross Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Increases Stock Position in Reddit Inc. $RDDT
NEXT HEADLINE »Andra AP fonden Boosts Stock Position in The Walt Disney Company $DIS
Allspring Global Investments Holdings LLC trimmed its holdings in shares of Parker-Hannifin Corporation (NYSE:PH – Free Report) by 19.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,058 shares of the industrial products company’s stock after selling 6,970 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Parker-Hannifin were worth $25,835,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Texas Capital Bancshares Inc TX acquired a new position in Parker-Hannifin in the third quarter valued at about $25,000. HFM Investment Advisors LLC grew its position in shares of Parker-Hannifin by 1,000.0% during the 4th quarter. HFM Investment Advisors LLC now owns 33 shares of the industrial products company’s stock worth $29,000 after buying an additional 30 shares during the period. Lloyd Advisory Services LLC. bought a new stake in shares of Parker-Hannifin in the 4th quarter valued at about $31,000. NFSG Corp increased its stake in shares of Parker-Hannifin by 94.4% in the 1st quarter. NFSG Corp now owns 35 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 17 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC raised its position in shares of Parker-Hannifin by 80.0% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 36 shares of the industrial products company’s stock valued at $32,000 after acquiring an additional 16 shares during the period. 82.44% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades A number of research analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Parker-Hannifin in a report on Tuesday, April 21st. Citigroup reiterated a “buy” rating on shares of Parker-Hannifin in a report on Monday, June 8th. Sanford C. Bernstein reissued an “outperform” rating and issued a $1,037.00 price target on shares of Parker-Hannifin in a report on Thursday. Mizuho set a $1,050.00 price objective on shares of Parker-Hannifin in a research report on Friday, May 1st. Finally, JPMorgan Chase & Co. dropped their price objective on Parker-Hannifin from $1,100.00 to $1,060.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Eighteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Parker-Hannifin presently has a consensus rating of “Moderate Buy” and an average price target of $1,027.38.
Get Our Latest Report on PH
Parker-Hannifin Stock Down 0.3% Parker-Hannifin stock opened at $950.03 on Tuesday. The company has a 50 day moving average of $914.33 and a 200-day moving average of $933.78. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.46. Parker-Hannifin Corporation has a twelve month low of $692.02 and a twelve month high of $1,034.96. The stock has a market capitalization of $119.79 billion, a PE ratio of 35.04, a price-to-earnings-growth ratio of 2.54 and a beta of 1.11.
Parker-Hannifin (NYSE:PH – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The industrial products company reported $8.17 EPS for the quarter, topping analysts’ consensus estimates of $7.84 by $0.33. Parker-Hannifin had a net margin of 16.58% and a return on equity of 27.97%. The business had revenue of $5.49 billion for the quarter, compared to analyst estimates of $5.40 billion. During the same period last year, the business posted $6.94 earnings per share. The firm’s quarterly revenue was up 10.6% on a year-over-year basis. Parker-Hannifin has set its FY 2026 guidance at 31.200-31.200 EPS. On average, equities research analysts anticipate that Parker-Hannifin Corporation will post 31.26 EPS for the current fiscal year.
Parker-Hannifin Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 8th were issued a dividend of $2.00 per share. The ex-dividend date was Friday, May 8th. This is a boost from Parker-Hannifin’s previous quarterly dividend of $1.80. This represents a $8.00 dividend on an annualized basis and a dividend yield of 0.8%. Parker-Hannifin’s dividend payout ratio is 29.51%.
About Parker-Hannifin (Free Report)
Parker-Hannifin Corporation (NYSE: PH) is a global manufacturer and provider of motion and control technologies and systems. The company designs, manufactures and services a broad range of engineered components and systems used to control the movement and flow of liquids, gases and hydraulic power. Its product portfolio is applied across demanding environments and includes solutions for industrial manufacturing, aerospace, mobile equipment and other engineered applications.
Parker-Hannifin’s product and service offerings span hydraulic and pneumatic components, fittings and fluid connectors, valves, pumps and motors, electromechanical actuators and motion-control systems, filtration and separation products, and seals and sealing systems.
Further Reading Five stocks we like better than Parker-Hannifin The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Parker-Hannifin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parker-Hannifin and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAllspring Global Investments Holdings LLC Sells 19,057 Shares of DTE Energy Company $DTE
NEXT HEADLINE »Allspring Global Investments Holdings LLC Raises Stake in Pattern Group Inc. $PTRN
Amova Asset Management Americas Inc. reduced its holdings in Baidu, Inc. (NASDAQ:BIDU – Free Report) by 15.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 567,778 shares of the information services provider’s stock after selling 99,861 shares during the quarter. Amova Asset Management Americas Inc. owned 0.17% of Baidu worth $63,262,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in BIDU. Morgan Stanley lifted its holdings in shares of Baidu by 38.0% during the fourth quarter. Morgan Stanley now owns 2,709,426 shares of the information services provider’s stock valued at $354,014,000 after purchasing an additional 745,588 shares during the last quarter. RPD Fund Management LLC increased its stake in Baidu by 161.6% in the 2nd quarter. RPD Fund Management LLC now owns 1,258,856 shares of the information services provider’s stock worth $107,959,000 after purchasing an additional 777,570 shares in the last quarter. Capital World Investors increased its stake in Baidu by 21.0% in the 4th quarter. Capital World Investors now owns 1,182,857 shares of the information services provider’s stock worth $154,552,000 after purchasing an additional 205,040 shares in the last quarter. ARK Investment Management LLC raised its holdings in Baidu by 127.8% during the 4th quarter. ARK Investment Management LLC now owns 1,157,878 shares of the information services provider’s stock worth $151,288,000 after buying an additional 649,490 shares during the period. Finally, Bank of America Corp DE raised its holdings in Baidu by 106.7% during the 3rd quarter. Bank of America Corp DE now owns 1,129,272 shares of the information services provider’s stock worth $148,804,000 after buying an additional 582,832 shares during the period.
Baidu Stock Performance Shares of NASDAQ BIDU opened at $109.81 on Tuesday. The business’s 50-day moving average price is $121.11 and its two-hundred day moving average price is $128.05. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.85 and a quick ratio of 1.85. Baidu, Inc. has a one year low of $84.64 and a one year high of $165.30. The company has a market capitalization of $37.36 billion, a P/E ratio of -915.01, a price-to-earnings-growth ratio of 1.94 and a beta of 0.56.
Wall Street Analysts Forecast Growth Several research firms have recently weighed in on BIDU. Barclays dropped their target price on shares of Baidu from $128.00 to $124.00 and set an “equal weight” rating on the stock in a research report on Monday, July 13th. BNP Paribas Exane started coverage on shares of Baidu in a research note on Wednesday, April 1st. They issued an “outperform” rating and a $161.00 price objective for the company. Zacks Research upgraded shares of Baidu from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. Nomura increased their target price on Baidu from $186.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. decreased their target price on Baidu from $230.00 to $205.00 and set an “overweight” rating for the company in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Baidu presently has a consensus rating of “Moderate Buy” and an average target price of $165.33.
Get Our Latest Report on Baidu
About Baidu (Free Report)
Baidu, Inc, founded in 2000 and headquartered in Beijing, is a Chinese multinational technology company best known for operating one of China’s leading internet search engines. The company built its business around online search and related advertising services, providing search, content aggregation and targeted ad placements to consumers and marketers across China. Baidu went public on the NASDAQ in 2005 and has since diversified beyond search into a broader technology and AI-focused portfolio.
Core products and services include the Baidu search platform and mobile app, Baidu Maps and Baidu Baike (an online encyclopedia), along with digital content initiatives.
Featured Stories Five stocks we like better than Baidu 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 BIDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Baidu, Inc. (NASDAQ:BIDU – Free Report).
Receive News & Ratings for Baidu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baidu and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAmova Asset Management Americas Inc. Decreases Stake in Kratos Defense & Security Solutions, Inc. $KTOS
NEXT HEADLINE »3,000 Shares in Ferguson plc $FERG Bought by AlTi Global Inc.
For nearly two years, the knock on Apple (NASDAQ:AAPL | AAPL Price Prediction) was that it had fallen behind in artificial intelligence. A single approval out of Beijing just complicated that story, and it may vindicate one of Tim Cook’s most contrarian bets on Apple Intelligence China.
China’s Cyberspace Administration has approved Apple Intelligence for launch in China, clearing a regulatory hurdle in place since the feature debuted in 2024. The approval hinges on a partnership integrating Alibaba (NYSE:BABA) and its Qwen model into Apple’s operating systems, with Baidu (NASDAQ:BIDU) confirmed as a development partner.
Markets liked it. Apple shares climbed to a record high on the news, per CNBC’s reporting, driving the Apple stock record high narrative. In Hong Kong trading, Alibaba jumped 5% and Baidu rose 4%.
Why This Approval Mattered So Much Apple Intelligence had been stuck in China since 2024. Chinese rules require AI systems to run on approved domestic models, which is why the Alibaba Qwen and Baidu partnerships unlocked the door.
The stakes are visible. Apple’s Greater China sales hit $20.5 billion in the second quarter of 2026, up 28% year over year. Its share of China’s smartphone market rose to 18.1% from 13.9% a year earlier, according to IDC, helped by iPhone discounts during a recent shopping festival.
[fwp_analyst_ratings symbol=”AAPL” /]
The Tim Cook AI Strategy Everyone Called Risky While Microsoft, Google, Amazon, and Meta poured tens of billions into proprietary frontier models and data centers, Apple declined to join that arms race. It bet on a “model-agnostic” partnership approach, plugging in outside intelligence rather than owning it.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today.
That looked passive to critics. But the China approval shows the upside. By partnering with Alibaba and Baidu, Apple met local regulatory requirements almost automatically. The same playbook is visible at home: Apple struck a multi-year deal to use Google’s Gemini to help power its revamped Siri, expected to launch in September, running in part on Google Cloud and Nvidia chips.
[fwp_price_target symbol=”AAPL” /]
Why the “Risky” Bet May Be Genius Cook’s strategy lets Apple wear different AI engines in different regulatory regimes without carrying the compute burden itself. Google’s Gemini powers the experience in the United States. Alibaba’s Qwen and Baidu handle China. Apple supplies the device, operating system, and distribution to more than 2.5 billion active devices.
As AI infrastructure costs balloon industry-wide, that capital-light model looks less like a weakness and more like a structural advantage. Rivals own the compute. Apple owns the customer.
The Case for Restraint This is one milestone in one market, well short of a finish line. No firm launch date for Apple Intelligence in China has been announced, so execution risk is real. Apple is also navigating a trade-secrets lawsuit against OpenAI, and it still trails Huawei, which remains the top smartphone seller in its home market of China.
[fwp_price_scenario symbol=”AAPL” /]
A strategy that looked like Apple sitting out the AI race now looks like a deliberate, capital-efficient way to run it. Whether it becomes a durable advantage depends on execution Apple has not yet delivered. For a “final bet” that Wall Street spent two years doubting, Tim Cook just got meaningful validation.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apple didn't make the cut. Grab the names FREE today.
-Earnings Webinar Scheduled for 6:00 a.m. ET on August 11, 2026-
, /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that it will report its second quarter 2026 unaudited financial results on Tuesday, August 11, 2026, before the open of U.S. markets.
The Company's management will host a Tencent Meeting Webinar at 6:00 a.m. U.S. Eastern Time on August 11, 2026 (6:00 p.m. Beijing/Hong Kong time on August 11, 2026), to review and discuss the Company's business and financial performance.
For participants who wish to join the webinar, please complete the online registration in advance using the links provided below. Upon registration, participants will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.
Participant Online Registration
A live webcast of the webinar will be accessible at https://ir.huya.com, and a replay of the webcast will be available following the session.
[1] For the purpose of this announcement only, Chinese Mainland excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People's Republic of China, and Taiwan.
About HUYA Inc.
HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.
For more information, please visit: https://ir.huya.com.
For investor and media inquiries, please contact:
In China:
HUYA Inc.
Investor Relations
Tel: +86-20-2290-7829
E-mail: [email protected]
Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: [email protected]
Aeris Resources Ltd (ASX:AIS, OTC:ARSRF) has more than quadrupled Ore Reserves at its Tritton Operations in central New South Wales, strengthening the foundation for a long-life, multi-mine copper hub centred on the project’s existing processing infrastructure.
Tritton’s Ore Reserve now stands at 10 million tonnes grading 1.7% copper, 0.38 g/t gold and 10 g/t silver, containing around 180,000 tonnes of copper, 130,000 ounces of gold and 3.2 million ounces of silver.
This compares with just 37,000 tonnes of contained copper in the previous reserve estimate and represents more than five years of mill feed at the operation’s current processing capacity.
Mineral Resources have also increased by 70% to 33 million tonnes at 1.7% copper, 0.32 g/t gold and 9 g/t silver, containing approximately 540,000 tonnes of copper.
Constellation and Mallee Bull drive reserve growth Maiden underground Ore Reserves led the reserve expansion at the Constellation and Mallee Bull deposits.
Constellation contributed 3.8 million tonnes containing about 62,000 tonnes of copper, complementing its existing open-pit reserve and supporting the potential for a longer-life mining operation.
Mallee Bull added a maiden reserve of 2.7 million tonnes at 2.4% copper, containing around 66,000 tonnes of copper. The deposit was added to Aeris’ portfolio through the acquisition of Peel Mining Ltd (ASX:PEX), alongside the Wirlong deposit.
Together, Mallee Bull and Wirlong contributed about 200,000 tonnes of contained copper to Tritton’s Mineral Resource inventory, including roughly 160,000 tonnes classified in the higher-confidence indicated category.
Aeris executive chair André Labuschagne said the enlarged inventory had established “a strong foundation for a long-life, multi-mine copper operation” centred on the Tritton processing plant.
Exploration delivers organic growth Aeris also recorded material resource growth at Avoca Tank and Budgerygar after tripling underground diamond drilling during FY26.
The Avoca Tank Mineral Resource increased by 180% as drilling extended high-grade mineralisation at depth and along strike.
Budgerygar’s Ore Reserve increased by 317% after mining depletion compared with December 2024, reflecting successful resource conversion drilling and mine planning.
Nine of Tritton’s 10 known deposits remain open down-dip, supporting further exploration potential. Aeris plans around 85,000 metres of underground drilling across the operation during FY27.
Updated mine plan ahead The revised Mineral Resources and Ore Reserves will feed into an updated life-of-mine plan and production target for Tritton, expected in the first half of FY27.
At Mallee Bull, Aeris will continue optimising the mine plan and production schedule while advancing feasibility studies, ore transport assessments, permitting work and planning for an exploration decline.
Further drilling at Constellation will target conversion of inferred resources, while metallurgical test work will examine opportunities to improve oxide recoveries and potentially bring production forward.
About Aeris Resources Aeris Resources is an Australian mid-tier copper and gold producer operating the Tritton Copper Operations in New South Wales and the Cracow Gold Operations in Queensland.
The company also holds a pipeline of development and exploration assets and is pursuing a hub-and-spoke strategy at Tritton, using established processing infrastructure to support multiple surrounding ore sources.
AlTi Global Inc. lessened its holdings in Deere & Company (NYSE:DE – Free Report) by 70.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 816 shares of the industrial products company’s stock after selling 1,979 shares during the quarter. AlTi Global Inc.’s holdings in Deere & Company were worth $461,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Key Capital Management INC bought a new position in Deere & Company in the 4th quarter worth approximately $27,000. Timmons Wealth Management LLC acquired a new position in Deere & Company during the 4th quarter worth $29,000. McIlrath & Eck LLC bought a new position in shares of Deere & Company in the fourth quarter worth $30,000. Portus Wealth Advisors LLC acquired a new position in shares of Deere & Company during the first quarter valued at $32,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of Deere & Company during the third quarter valued at about $32,000. Institutional investors own 68.58% of the company’s stock.
Wall Street Analysts Forecast Growth A number of analysts have recently weighed in on the stock. Raymond James Financial reduced their price target on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Bank of America cut their target price on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research report on Friday, May 22nd. Robert W. Baird cut their price objective on Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, May 22nd. Weiss Ratings upgraded shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen raised shares of Deere & Company from a “sell” rating to a “hold” rating in a research note on Sunday, July 5th. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $642.98.
Get Our Latest Stock Analysis on Deere & Company
Deere & Company Stock Performance Shares of DE stock opened at $586.13 on Tuesday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.95. Deere & Company has a fifty-two week low of $433.00 and a fifty-two week high of $674.19. The stock’s 50-day moving average is $582.50 and its two-hundred day moving average is $572.84. The firm has a market cap of $158.22 billion, a P/E ratio of 33.21, a PEG ratio of 2.21 and a beta of 0.89.
Deere & Company (NYSE:DE – Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.70 by $0.85. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The business had revenue of $13.37 billion during the quarter, compared to analyst estimates of $11.55 billion. During the same quarter in the previous year, the business earned $6.64 EPS. Deere & Company’s quarterly revenue was up 5.4% compared to the same quarter last year. Analysts predict that Deere & Company will post 18.13 earnings per share for the current fiscal year.
Deere & Company Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Shareholders of record on Tuesday, June 30th will be issued a $1.62 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s dividend payout ratio is 36.71%.
Deere & Company Company Profile (Free Report)
Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.
The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.
Read More Five stocks we like better than Deere & Company 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 DE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deere & Company (NYSE:DE – Free Report).
Receive News & Ratings for Deere & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deere & Company and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAlTi Global Inc. Invests $701,000 in Vanguard Small-Cap Value ETF $VBR
NEXT HEADLINE »Amova Asset Management Americas Inc. Has $91.16 Million Stock Holdings in Beam Therapeutics Inc. $BEAM
Andra AP fonden increased its position in shares of Oracle Corporation (NYSE:ORCL – Free Report) by 85.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 224,586 shares of the enterprise software provider’s stock after buying an additional 103,374 shares during the quarter. Andra AP fonden’s holdings in Oracle were worth $33,039,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. HFM Investment Advisors LLC grew its holdings in shares of Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after buying an additional 96 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in shares of Oracle in the 4th quarter worth about $26,000. FSA Wealth Management LLC bought a new position in Oracle in the 3rd quarter valued at about $28,000. Osbon Capital Management LLC acquired a new position in Oracle during the 4th quarter valued at about $28,000. Finally, Joseph Group Capital Management acquired a new position in Oracle during the 4th quarter valued at about $29,000. Institutional investors own 42.44% of the company’s stock.
Oracle News Roundup Here are the key news stories impacting Oracle this week:
Negative Sentiment: CLSA initiated coverage on Oracle with a Hold rating and a $145 price target, warning that the company’s AI cloud expansion could require hundreds of billions of dollars in investment and may be difficult to fund without significant borrowing. Article title Negative Sentiment: Multiple reports say Oracle is falling on concerns about rising debt, massive AI infrastructure capex, and potential credit risk linked to large AI customers such as OpenAI, reinforcing fears that the company’s growth strategy could pressure profitability and balance-sheet flexibility. Article title Negative Sentiment: Investors are also reacting to Oracle’s recent credit downgrade toward junk territory and the broader selloff in the stock, which has highlighted execution risk despite the company’s large backlog and AI demand narrative. Article title Neutral Sentiment: Oracle also announced a partnership with IMSA Labs and launched an Oracle Cloud Innovation Studio, showing continued efforts to expand its AI and cloud ecosystem, though this news is not strong enough to offset the current sentiment drag. Article title Insider Activity In related news, Vice Chairman Jeffrey Henley sold 400,000 shares of Oracle stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total value of $63,664,000.00. Following the sale, the insider owned 400,000 shares of the company’s stock, valued at approximately $63,664,000. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In Several analysts have recently commented on ORCL shares. TD Cowen increased their price objective on Oracle from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. Oppenheimer upped their price target on Oracle from $235.00 to $275.00 and gave the stock an “outperform” rating in a report on Monday, June 8th. Barclays increased their price target on Oracle from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Moffett Nathanson set a $325.00 price objective on Oracle in a research note on Thursday, June 11th. Finally, Weiss Ratings raised shares of Oracle from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.03.
Read Our Latest Stock Analysis on Oracle
Oracle Stock Performance Shares of Oracle stock opened at $121.38 on Tuesday. The business’s fifty day simple moving average is $175.85 and its 200 day simple moving average is $168.74. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 3.21. Oracle Corporation has a 12 month low of $120.03 and a 12 month high of $345.72. The firm has a market capitalization of $349.63 billion, a P/E ratio of 20.82, a price-to-earnings-growth ratio of 0.79 and a beta of 1.72.
Oracle (NYSE:ORCL – Get Free Report) last announced its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.15. The firm had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The business’s revenue was up 20.6% compared to the same quarter last year. During the same period last year, the firm posted $1.70 EPS. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, analysts anticipate that Oracle Corporation will post 6.47 EPS for the current year.
Oracle Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s dividend payout ratio is currently 34.31%.
About Oracle (Free Report)
Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.
Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.
Featured Articles Five stocks we like better than Oracle 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 ORCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oracle Corporation (NYSE:ORCL – Free Report).
Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Grows Stock Holdings in Linde PLC $LIN
NEXT HEADLINE »Andra AP fonden Sells 55,555 Shares of The TJX Companies, Inc. $TJX
Two crises are converging on a single family fortune at the worst possible moment.
On July 20, 2026, U.S. District Judge Araceli Martinez-Olguin issued a 14-day temporary restraining order blocking Paramount Skydance from closing its $110 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD | WBD Price Prediction). It is the first real legal obstacle the deal has hit, even after the Department of Justice signed off in June. A hearing on a preliminary injunction, which could delay the transaction for months, is set for August 3, 2026.
For the Ellison family, the freeze lands at a moment of acute financial fragility. The deal is the centerpiece of David Ellison’s ambition to build a media empire, and his father, Oracle (NYSE:ORCL) founder Larry Ellison, is personally underwriting a huge slice of it, at the exact moment his own wealth is evaporating.
The Legal Fight, and Why States Are Suing On July 13, a coalition of 12 Democratic state attorneys general, led by California Attorney General Rob Bonta, sued to stop the deal, arguing it violates Section 7 of the Clayton Antitrust Act. Combining two of Hollywood’s five remaining major studios would hand the merged company roughly 27% of wide-release theatrical distribution, 30% of anticipated blockbuster films, and 27% of the basic cable bundle.
“The unlawful merger of these two entertainment behemoths would lead to higher prices, lower quality, and less content for film and television, harming movie theaters, basic cable distributors, and ultimately, audiences on every sofa and movie theater seat in the U.S.,” Bonta said.
Paramount counters that the suit “distorts settled antitrust law and is based on a misrepresentation of competition in the entertainment industry today,”, pointing to the streaming era’s crowded field of competitors. The August 3 hearing will test which reading the court finds persuasive.
A $213 Billion Wealth Collapse According to Bloomberg Billionaires Index data cited in reporting, Larry Ellison’s net worth peaked near $388 billion in September 2025, when Oracle traded at $345.72 a share, making him only the second person ever, after Elon Musk, to cross $400 billion at his height. By mid-July 2026, that fortune had fallen to roughly $175 billion, a decline of about $213 billion in under 10 months, dropping him from No. 2 to No. 8 on the index.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Oracle didn't make the cut. Grab the names FREE today.
Why Oracle Fell Oracle closed at $121.38 on July 20, down about 34% over the past month and roughly 50% over the past year. The drawdown stands at more than 55% since that September 2025 peak.
The collapse stems from Oracle’s aggressive AI bet. Capital expenditures exploded to $55.66 billion in fiscal 2026, blowing past the company’s own $50 billion guidance, and flipped free cash flow to negative $23.7 billion. Much of that spending is tied to AI infrastructure commitments linked heavily to OpenAI, whose own IPO has slipped to 2027. The Q4 FY2026 8-K shows Remaining Performance Obligations of $638 billion, up 363% YoY, most of it locked into contracts that will not translate to cash for years.
The Personal Guarantee at the Center The two crises fuse here. The Ellison Family Trust guarantees $45.7 billion in equity financing for the Warner Bros. Discovery deal, with Larry Ellison personally on the hook for $40.4 billion of that. The backing is roughly 1.16 billion Oracle shares, now worth about half what they were when he made the pledge. Forbes has questioned whether Ellison holds enough liquid cash to honor the guarantee without selling Oracle stock or borrowing against it.
If the deal ultimately fails, Paramount would owe a $7 billion regulatory termination fee, on top of the $2.8 billion breakup fee it already paid Netflix (NASDAQ:NFLX). A ticking fee of $0.25 per share per quarter begins accruing after September 30, 2026, if closing continues to slip.
Hollywood’s Resistance The deal has drawn opposition beyond the courtroom. In April 2026, more than 5,000 industry professionals, including Sofia Coppola, Kevin Bacon, Jane Fonda, and Robert De Niro, signed an open letter opposing the merger, citing concerns about consolidation’s effect on creative work.
Compounding Risk Both threats hit the same transaction at once. The restraining order jeopardizes the deal’s legal path to closing. The Oracle collapse weakens the financial backstop propping it up. A guarantee pledged against Oracle shares looked far more comfortable when those shares were worth double, and the deal looked far more certain before a federal judge pressed pause. The injunction hearing is set for August 3, and Oracle’s stock continues to trade well off its highs.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Oracle didn't make the cut. Grab the names FREE today.
Andra AP fonden raised its position in shares of Wells Fargo & Company (NYSE:WFC – Free Report) by 11.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 439,700 shares of the financial services provider’s stock after purchasing an additional 44,900 shares during the quarter. Andra AP fonden’s holdings in Wells Fargo & Company were worth $35,005,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversified Trust Co. raised its position in Wells Fargo & Company by 59.7% in the 4th quarter. Diversified Trust Co. now owns 35,285 shares of the financial services provider’s stock valued at $3,289,000 after buying an additional 13,196 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Wells Fargo & Company by 19.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 532,300 shares of the financial services provider’s stock worth $49,610,000 after acquiring an additional 84,902 shares during the last quarter. Swiss Life Asset Management Ltd grew its stake in shares of Wells Fargo & Company by 4.2% in the 4th quarter. Swiss Life Asset Management Ltd now owns 350,567 shares of the financial services provider’s stock worth $32,673,000 after acquiring an additional 14,168 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Wells Fargo & Company by 4.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 412,511 shares of the financial services provider’s stock worth $38,446,000 after acquiring an additional 17,302 shares in the last quarter. Finally, Winning Points Advisors LLC purchased a new stake in shares of Wells Fargo & Company in the fourth quarter valued at about $3,384,000. Institutional investors and hedge funds own 75.90% of the company’s stock.
Wells Fargo & Company Stock Performance NYSE WFC opened at $86.24 on Tuesday. The firm has a market cap of $263.90 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 0.96 and a beta of 0.92. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 1.09. The company’s 50 day moving average is $81.70 and its 200-day moving average is $83.63. Wells Fargo & Company has a 12-month low of $72.78 and a 12-month high of $97.76.
Wells Fargo & Company Announces Dividend The business also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 8th were given a $0.45 dividend. The ex-dividend date was Friday, May 8th. This represents a $1.80 annualized dividend and a dividend yield of 2.1%. Wells Fargo & Company’s payout ratio is 26.16%.
Analyst Ratings Changes A number of equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Wells Fargo & Company in a research report on Friday. Jefferies Financial Group initiated coverage on Wells Fargo & Company in a research note on Thursday, March 26th. They issued a “buy” rating and a $100.00 price objective for the company. Wall Street Zen upgraded Wells Fargo & Company from a “sell” rating to a “hold” rating in a research note on Sunday, June 14th. Phillip Securities upgraded shares of Wells Fargo & Company from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Finally, UBS Group lowered their price objective on shares of Wells Fargo & Company from $105.00 to $104.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.50.
Read Our Latest Research Report on WFC
Wells Fargo & Company Profile (Free Report)
Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.
Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.
Recommended Stories Five stocks we like better than Wells Fargo & Company The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Wells Fargo & Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wells Fargo & Company and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Sells 55,555 Shares of The TJX Companies, Inc. $TJX
NEXT HEADLINE »Andra AP fonden Grows Position in PepsiCo, Inc. $PEP
Amova Asset Management Americas Inc. lessened its stake in Block, Inc. (NYSE:XYZ – Free Report) by 1.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,845,917 shares of the technology company’s stock after selling 52,492 shares during the quarter. Block makes up about 2.4% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 12th biggest holding. Amova Asset Management Americas Inc. owned 0.48% of Block worth $171,239,000 as of its most recent filing with the SEC.
Other large investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its holdings in Block by 57.1% in the 4th quarter. Sound Income Strategies LLC now owns 443 shares of the technology company’s stock worth $29,000 after buying an additional 161 shares during the last quarter. Rachor Investment Advisory Services LLC acquired a new position in shares of Block during the fourth quarter valued at approximately $32,000. Global Assets Advisory LLC purchased a new position in shares of Block in the first quarter valued at approximately $31,000. Cary Street Partners Investment Advisory LLC lifted its position in shares of Block by 57.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 610 shares of the technology company’s stock valued at $40,000 after acquiring an additional 223 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Block in the second quarter worth approximately $43,000. 70.44% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades XYZ has been the subject of several recent research reports. BTIG Research reissued a “buy” rating and issued a $90.00 price objective on shares of Block in a research note on Friday, May 8th. Zacks Research raised shares of Block from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 10th. Craig Hallum assumed coverage on shares of Block in a report on Tuesday, June 30th. They set a “buy” rating for the company. Cantor Fitzgerald increased their target price on shares of Block from $78.00 to $88.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Finally, Canaccord Genuity Group raised their price target on shares of Block from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $88.59.
Get Our Latest Report on XYZ
Insider Buying and Selling In other news, insider Brian Grassadonia sold 43,348 shares of Block stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $80.00, for a total transaction of $3,467,840.00. Following the sale, the insider owned 557,654 shares of the company’s stock, valued at approximately $44,612,320. The trade was a 7.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony Mathew Eisen sold 6,000 shares of the stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $78.35, for a total value of $470,100.00. Following the completion of the transaction, the director owned 1,838,672 shares of the company’s stock, valued at $144,059,951.20. The trade was a 0.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 323,300 shares of company stock valued at $24,742,756 in the last 90 days. Insiders own 11.37% of the company’s stock.
Block Trading Down 0.7% Shares of XYZ stock opened at $79.34 on Tuesday. The company’s 50-day moving average price is $73.88 and its 200-day moving average price is $66.73. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. The stock has a market cap of $47.22 billion, a price-to-earnings ratio of 61.99, a PEG ratio of 1.01 and a beta of 2.54. Block, Inc. has a twelve month low of $48.21 and a twelve month high of $84.08.
Block (NYSE:XYZ – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.55. The firm had revenue of $6.06 billion during the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 EPS. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. As a group, equities analysts predict that Block, Inc. will post 2.48 earnings per share for the current year.
Block Profile (Free Report)
Block (NYSE:XYZ) is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block’s portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.
The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.
Further Reading Five stocks we like better than Block The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Block Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Block and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAmova Asset Management Americas Inc. Sells 1,092,615 Shares of Roku, Inc. $ROKU
NEXT HEADLINE »AlTi Global Inc. Buys New Position in Janus Henderson Group plc $JHG
Americký průmyslový konglomerát 3M zveřejnil hospodářské výsledky za druhé čtvrtletí roku 2026. Očištěný zisk na akcii překonal odhady analytiků a společnost zároveň zvýšila celoroční výhled očištěného zisku na akcii i organického růstu tržeb.
Výsledky společnosti 3M (MMM) za 2Q 2026 2Q 2026 Konsensus 2Q 2026 2Q 2025 Tržby (mld. USD) 6,50 6,40 6,34 Čistý zisk (mld. USD) 0,93 -- 0,72 Očištěný zisk na akcii (EPS, USD/akcie) 2,40 2,25 2,16 Výsledky za 2Q Tržby meziročně vzrostly o 2,4 % na 6,5 mld. USD. Očištěné tržby, které nezahrnují vyráběné PFAS produkty, vzrostly o 5,5 % na 6,5 mld. USD, přičemž organický růst dosáhl 5,4 %.
Očištěná provozní marže dosáhla 24,9 %, což je nad odhadem 24,7 % a zároveň nárůst o 40 bazických bodů oproti loňským 24,5 %. Provozní marže činila 15,1 %, meziročně pokles o 290 bazických bodů.
Tržby podle segmentů, zdroj: 3M
Provozní hotovostní tok dosáhl 1 mld. USD, nad odhadem 777,8 mil. USD. Očištěný volný hotovostní tok činil 1,3 mld. USD.
Výhled na FY 2026 Firma zvýšila výhled pro celý rok 2026 a nyní predikuje:
Očištěný zisk na akcii 8,80–8,95 USD (dříve: 8,50–8,70 USD). Organický růst tržeb nad 3,5 % (dříve: přibližně 3 %). Očištěný celkový růst tržeb nad 4,5 %. Očištěný provozní hotovostní tok 5,8–6 mld. USD. Rozšíření očištěné provozní marže o 70 až 80 bazických bodů. Výhled zatím nezohledňuje akvizici společnosti Madison Fire & Rescue, která byla dokončena 1. července.
Komentář vedení William Brown, předseda představenstva a generální ředitel 3M, uvedl: „Zaznamenali jsme silné druhé čtvrtletí, kdy jsme překonali očekávání díky růstu tržeb ve středních jednociferných číslech, solidní provozní marži kolem 25 % a dvouciferným růstem zisku na akcii, což odráží pokrok, kterého dosahujeme v našich strategických prioritách a při budování výkonnější společnosti. V důsledku silné výkonnosti v první polovině roku a pokračující dynamiky zvyšujeme celoroční výhled a zůstáváme přesvědčeni o naší schopnosti dlouhodobě vytvářet hodnotu pro akcionáře.“
Návrat kapitálu akcionářům Společnost za čtvrtletí vrátila akcionářům celkem 1,4 mld. USD formou dividend a zpětných odkupů akcií.
Akcie 3M Akcie 3M (MMM) v předburzovní fázi obchodování rostou o 6,22 % na 169 USD.
Akcie 3M Co (MMM) před výsledky uzavřely na 159,11 USD Ukazatel Ukazatel Kapitalizace (mld. USD) 83,0 P/E 17,4 Vývoj za letošní rok (%) -0,6 Očekávané P/E 18,2 52týdenní minimum (USD) 139,3 Prům. cílová cena (USD) 174,9 52týdenní maximum (USD) 177,4 Dividendový výnos (%) 1,9 Zdroj: 3M, Bloomberg
Andra AP fonden grew its position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 284.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,622 shares of the retailer’s stock after acquiring an additional 46,342 shares during the period. Costco Wholesale comprises 0.8% of Andra AP fonden’s portfolio, making the stock its 17th largest position. Andra AP fonden’s holdings in Costco Wholesale were worth $62,398,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. World Investment Advisors increased its holdings in Costco Wholesale by 8.4% in the 4th quarter. World Investment Advisors now owns 20,081 shares of the retailer’s stock valued at $15,835,000 after purchasing an additional 1,560 shares during the last quarter. Teacher Retirement System of Texas lifted its stake in Costco Wholesale by 24.5% during the fourth quarter. Teacher Retirement System of Texas now owns 140,429 shares of the retailer’s stock worth $121,098,000 after purchasing an additional 27,625 shares in the last quarter. Curtis Advisory Group LLC raised its holdings in shares of Costco Wholesale by 56.7% in the 4th quarter. Curtis Advisory Group LLC now owns 4,535 shares of the retailer’s stock valued at $3,911,000 after buying an additional 1,641 shares during the period. Perryman Financial Advisory Inc. AD purchased a new stake in shares of Costco Wholesale in the 4th quarter valued at $9,300,000. Finally, Oak Ridge Investments LLC lifted its stake in Costco Wholesale by 7.3% during the 4th quarter. Oak Ridge Investments LLC now owns 22,117 shares of the retailer’s stock worth $19,072,000 after acquiring an additional 1,496 shares in the last quarter. 68.48% of the stock is currently owned by hedge funds and other institutional investors.
Costco Wholesale Stock Down 0.5% Shares of NASDAQ:COST opened at $935.80 on Tuesday. Costco Wholesale Corporation has a fifty-two week low of $844.06 and a fifty-two week high of $1,096.50. The firm’s 50 day moving average price is $974.46 and its 200 day moving average price is $978.81. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. The stock has a market cap of $415.01 billion, a price-to-earnings ratio of 47.07, a price-to-earnings-growth ratio of 4.56 and a beta of 0.88.
Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing the consensus estimate of $4.94 by ($0.01). The firm had revenue of $70.53 billion for the quarter, compared to analyst estimates of $70.12 billion. Costco Wholesale had a return on equity of 28.04% and a net margin of 3.01%.During the same quarter last year, the firm earned $4.28 EPS. As a group, equities research analysts predict that Costco Wholesale Corporation will post 20.39 earnings per share for the current fiscal year.
Costco Wholesale Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be given a dividend of $1.47 per share. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, July 24th. Costco Wholesale’s dividend payout ratio (DPR) is presently 29.58%.
Key Headlines Impacting Costco Wholesale Here are the key news stories impacting Costco Wholesale this week:
Positive Sentiment: Costco’s warehouse expansion story remains intact, with plans for 26 net-new warehouses in fiscal 2026 and a strong international pipeline that could extend its growth runway. Why Costco’s Warehouse Growth Story Is Far From Over Positive Sentiment: Analysts and market-watch articles continue to frame COST as a high-quality long-term compounder, highlighting strong sales trends, a high membership renewal rate, and appeal for retirement investors. Costco Is a No-Brainer Buy for Retirement Investors Right Now Positive Sentiment: Another upbeat take says Costco’s recent pullback from a 52-week high could be an attractive entry point if its continued double-digit comparable sales growth holds up. Price Prediction: Will Costco Hit a New-High This Year? Neutral Sentiment: Costco remains one of the most widely watched retail stocks, which can keep sentiment and trading volume elevated even without a major new catalyst. Costco Wholesale Corporation (COST) is Attracting Investor Attention: Here is What You Should Know Negative Sentiment: Shares were also pressured by a report that Costco may build standalone gas stations, a move some investors fear could weaken a key traffic-driving feature of its warehouses and hurt margins. Costco Stock (COST) Drops despite Bet on Standalone Gas Stations in Sales Push Negative Sentiment: Costco’s valuation remains a concern for some commentators, with articles noting that strong quality metrics do not necessarily mean the stock is cheap at current levels. 3 Dividend Stocks That Pass Buffett’s Test: Buy, Sell or Hold? Insider Buying and Selling at Costco Wholesale In related news, Director Kenneth D. Denman sold 885 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director directly owned 4,779 shares of the company’s stock, valued at $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.10% of the company’s stock.
Wall Street Analysts Forecast Growth A number of brokerages recently commented on COST. Truist Financial raised their target price on Costco Wholesale from $977.00 to $1,011.00 and gave the company a “hold” rating in a report on Friday, May 29th. Citigroup initiated coverage on shares of Costco Wholesale in a research report on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 price target on the stock. HC Wainwright reissued a “buy” rating on shares of Costco Wholesale in a research note on Monday, June 1st. UBS Group lifted their price objective on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Finally, Wells Fargo & Company upped their target price on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 9th. Twenty-two investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,059.07.
Read Our Latest Stock Analysis on Costco Wholesale
About Costco Wholesale (Free Report)
Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.
Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.
Read More Five stocks we like better than Costco Wholesale 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 COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).
Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAmova Asset Management Americas Inc. Purchases Shares of 7,884 Eli Lilly and Company $LLY
NEXT HEADLINE »Global-e Online Ltd. $GLBE Shares Sold by Amova Asset Management Americas Inc.
Andra AP fonden decreased its position in Gilead Sciences, Inc. (NASDAQ:GILD – Free Report) by 53.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 222,601 shares of the biopharmaceutical company’s stock after selling 260,199 shares during the period. Andra AP fonden’s holdings in Gilead Sciences were worth $31,024,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new position in shares of Gilead Sciences during the 4th quarter worth about $25,000. Vermillion & White Wealth Management Group LLC increased its position in shares of Gilead Sciences by 71.4% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 204 shares of the biopharmaceutical company’s stock valued at $25,000 after acquiring an additional 85 shares during the last quarter. Quattro Advisors LLC bought a new stake in Gilead Sciences during the fourth quarter worth about $26,000. Wealth Preservation Advisors LLC raised its holdings in Gilead Sciences by 60.0% during the fourth quarter. Wealth Preservation Advisors LLC now owns 216 shares of the biopharmaceutical company’s stock worth $27,000 after acquiring an additional 81 shares in the last quarter. Finally, Ares Financial Consulting LLC acquired a new position in Gilead Sciences during the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 83.67% of the company’s stock.
Analysts Set New Price Targets Several research analysts have weighed in on GILD shares. Wall Street Zen raised Gilead Sciences from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Maxim Group raised Gilead Sciences from a “hold” rating to a “buy” rating and set a $165.00 price objective for the company in a report on Wednesday, May 20th. Rothschild & Co Redburn decreased their target price on shares of Gilead Sciences from $170.00 to $167.00 in a research note on Monday, May 11th. Citigroup boosted their target price on shares of Gilead Sciences from $156.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Finally, Morgan Stanley dropped their price target on shares of Gilead Sciences from $168.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 8th. Twenty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $159.04.
Check Out Our Latest Report on GILD
Insider Activity In other news, insider Johanna Mercier sold 28,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $131.29, for a total value of $3,676,120.00. Following the transaction, the insider owned 125,779 shares of the company’s stock, valued at approximately $16,513,524.91. This represents a 18.21% decrease in their ownership of the stock. The transaction 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. Also, CFO Andrew D. Dickinson sold 3,000 shares of Gilead Sciences stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $125.40, for a total value of $376,200.00. Following the sale, the chief financial officer directly owned 171,646 shares of the company’s stock, valued at approximately $21,524,408.40. The trade was a 1.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 77,000 shares of company stock valued at $9,978,740. 0.30% of the stock is owned by insiders.
Gilead Sciences Price Performance NASDAQ:GILD opened at $133.21 on Tuesday. The company has a market cap of $165.39 billion, a P/E ratio of 18.15 and a beta of 0.32. The firm’s fifty day moving average price is $129.72 and its two-hundred day moving average price is $135.37. Gilead Sciences, Inc. has a one year low of $107.75 and a one year high of $157.29. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.97 and a quick ratio of 1.77.
Gilead Sciences (NASDAQ:GILD – Get Free Report) last posted its earnings results on Thursday, May 7th. The biopharmaceutical company reported $2.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.12. Gilead Sciences had a net margin of 30.99% and a return on equity of 48.19%. The company had revenue of $6.96 billion during the quarter, compared to analysts’ expectations of $6.91 billion. During the same quarter last year, the company posted $1.81 EPS. Gilead Sciences’s quarterly revenue was up 4.4% compared to the same quarter last year. Gilead Sciences has set its FY 2026 guidance at -1.050–0.650 EPS. Equities analysts expect that Gilead Sciences, Inc. will post -0.77 earnings per share for the current year.
Gilead Sciences Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 15th were issued a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, June 15th. Gilead Sciences’s payout ratio is currently 44.69%.
Gilead Sciences Company Profile (Free Report)
Gilead Sciences, Inc, founded in 1987 and headquartered in Foster City, California, is a biopharmaceutical company focused on the discovery, development and commercialization of medicines in areas of high unmet medical need. The company initially built its reputation in antiviral therapies and has since expanded into oncology, cell therapy and inflammatory diseases. Gilead operates a global research and commercial organization, conducting clinical development and selling medicines in markets around the world.
Gilead’s product portfolio is anchored by antiviral therapies for HIV and viral hepatitis.
Featured Articles Five stocks we like better than Gilead Sciences 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 GILD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gilead Sciences, Inc. (NASDAQ:GILD – Free Report).
Receive News & Ratings for Gilead Sciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gilead Sciences and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Grows Position in PepsiCo, Inc. $PEP
NEXT HEADLINE »Andra AP fonden Purchases 107,689 Shares of Cisco Systems, Inc. $CSCO
The S&P 500 is up about 9% year-to-date, putting it on track for another year of double-digit gains. That strong return is a high hurdle for a dividend-paying stock to overcome. However, that's just what Realty Income (O 0.81%) has done this year. The real estate investment trust (REIT) has gained over 16.5%, while its dividend has driven the total return to more than 19.5%.
Here's what's driving this unstoppable dividend's stock's market-crushing total returns in 2026.
Image source: Getty Images.
135 times (and counting) Realty Income's main draw is its dividend income. The REIT pays a monthly dividend that currently yields about 4.9% (roughly four times the S&P 500's 1% dividend yield). That high-yielding dividend has proven unstoppable over the years. Realty Income has declared 673 consecutive monthly dividends throughout its history. The REIT has raised its payout 135 times since its public market listing in 1994, including for the past 115 consecutive quarters, growing it at a 4.1% compound annual rate.
The primary factor driving dividend growth is new investments. Realty Income buys billions of dollars in income-producing real estate each year, which grows its adjusted funds from operations (AFFO) per share. The REIT currently expects to invest about $9.5 billion this year (up from $6.2 billion last year), which should grow its AFFO to $4.41-$4.44 per share, a 3% to 3.7% increase from last year.
Today's Change
(
-0.81
%) $
-0.53
Current Price
$
65.18
Securing partners to enhance its growth Realty Income's unstoppable dividend isn't the main reason it's crushing the S&P 500 this year. The primary catalyst is its progress in building a private capital ecosystem. This strategy will enable it to accelerate AFFO per share growth with capital-light revenue, reduce its reliance on the public equity market, and expand its investment opportunities. This platform currently consists of four vehicles:
U.S. Core Plus Fund: The REIT launched a private capital fund to generate fee-based income, enhancing returns and increasing the amount of capital it can invest. GIC strategic partnership: Realty Income formed a strategic partnership with GIC. They will form a joint venture (JV) focused on high-quality build-to-suit logistics development projects. GIC also became a cornerstone investor in the U.S. Core Plus Fund. Meanwhile, Realty Income agreed to a construction financing and take-out purchase agreement of a $200 million build-to-suit industrial portfolio in Mexico (its first investment in the country). Apollo strategic partnership: Apollo-managed funds will invest $1 billion into a JV that will own a diversified portfolio of single-tenant retail properties. Cloud Capital joint venture: Realty Income is forming a JV with Cloud Capital to invest in hyperscale data centers. These partnerships provide Realty Income with additional capital to invest in real estate and new investment opportunities. These dual drivers position the REIT to grow AFFO per share faster going forward, which should support continued dividend increases.
Executing its acceleration strategy Realty Income has made significant progress in building a private capital ecosystem. This strategy should drive faster growth going forward. That's driving up the REIT's share price this year. Despite that higher valuation, it's still a very attractive income investment, given its high yield and unstoppable dividend growth.
Matt DiLallo has positions in Realty Income. The Motley Fool has positions in and recommends Realty Income. The Motley Fool has a disclosure policy.
Realty Income Corporation remains a compelling buy, combining attractive valuation, quality, and a robust 5.14% yield versus peers. O is executing significant growth, raising 2026 investment guidance to $9.5B and boosting adjusted FFO per share outlook to $4.41–$4.44. The portfolio's defensible retail mix, staggered lease expirations, and low tenant concentration underpin O's low-risk profile.
Andra AP fonden lifted its holdings in AbbVie Inc. (NYSE:ABBV – Free Report) by 44.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 283,811 shares of the company’s stock after purchasing an additional 86,969 shares during the quarter. AbbVie accounts for approximately 0.8% of Andra AP fonden’s investment portfolio, making the stock its 18th biggest holding. Andra AP fonden’s holdings in AbbVie were worth $61,726,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Litman Gregory Wealth Management LLC bought a new position in AbbVie during the fourth quarter worth $28,000. Imprint Wealth LLC raised its position in shares of AbbVie by 56.2% in the fourth quarter. Imprint Wealth LLC now owns 125 shares of the company’s stock valued at $29,000 after purchasing an additional 45 shares during the period. Westend Capital Management LLC bought a new position in shares of AbbVie in the fourth quarter valued at about $29,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of AbbVie during the 4th quarter worth about $31,000. Finally, Legacy Wealth Managment LLC ID lifted its stake in shares of AbbVie by 115.9% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the company’s stock worth $31,000 after buying an additional 73 shares during the last quarter. Institutional investors and hedge funds own 70.23% of the company’s stock.
AbbVie News Roundup Here are the key news stories impacting AbbVie this week:
Positive Sentiment: AbbVie reported quiet but meaningful pipeline progress in its ABBV-8736 injection study, which could support longer-term growth expectations if the program continues to advance. AbbVie’s ABBV-8736 Injection Study Signals Quiet But Meaningful Pipeline Progress Positive Sentiment: Some coverage says AbbVie should be able to preserve its dividend even after the $10.9 billion Apogee acquisition because the deal is being funded with debt rather than cash, reducing immediate pressure on reserves. How Will AbbVie’s $10.9 Billion Acquisition of Apogee Impact Its Dividend? Neutral Sentiment: Broker coverage and article commentary pointed to higher earnings estimates for AbbVie, but also noted the stock may be stretched versus its growth outlook, leaving the market split on whether upside is already priced in. Erste Group Bank Brokers Boost Earnings Estimates for AbbVie Neutral Sentiment: Broader pharma commentary placed AbbVie alongside other large drugmakers and suggested it has outperformed the S&P 500, but also described its valuation as relatively elevated compared with growth expectations. 3 Biggest Pharma Giants: Buy, Sell or Hold? Negative Sentiment: Some market commentary around AbbVie’s eye-care exposure raised questions about whether the company is pulling back from that segment, which could signal strategic uncertainty for part of its portfolio. BLOG: Exit stage left: Is AbbVie leaving eye care? AbbVie Stock Performance ABBV stock opened at $253.37 on Tuesday. The company has a fifty day moving average price of $230.81 and a 200-day moving average price of $222.04. The company has a market capitalization of $447.66 billion, a P/E ratio of 124.81, a PEG ratio of 0.84 and a beta of 0.30. AbbVie Inc. has a 52-week low of $184.63 and a 52-week high of $261.64.
AbbVie (NYSE:ABBV – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.06. AbbVie had a net margin of 5.79% and a negative return on equity of 576.45%. The company had revenue of $15 billion for the quarter, compared to analysts’ expectations of $14.72 billion. During the same quarter in the previous year, the firm posted $2.46 earnings per share. AbbVie’s revenue for the quarter was up 12.4% on a year-over-year basis. As a group, sell-side analysts forecast that AbbVie Inc. will post 14.18 earnings per share for the current fiscal year.
AbbVie Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Wednesday, July 15th will be given a dividend of $1.73 per share. This represents a $6.92 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, July 15th. AbbVie’s dividend payout ratio is currently 340.89%.
Analyst Ratings Changes A number of brokerages recently commented on ABBV. HSBC reiterated a “buy” rating and issued a $300.00 price target on shares of AbbVie in a research note on Monday, July 6th. UBS Group boosted their price objective on AbbVie from $230.00 to $260.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Canaccord Genuity Group increased their target price on AbbVie from $265.00 to $273.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. lifted their price target on AbbVie from $260.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Finally, Wells Fargo & Company boosted their price target on AbbVie from $260.00 to $295.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $267.67.
Check Out Our Latest Analysis on ABBV
AbbVie Company Profile (Free Report)
AbbVie is a global, research-driven biopharmaceutical company that was created as a spin-off from Abbott Laboratories in 2013 and is headquartered in North Chicago, Illinois. The company focuses on discovering, developing and commercializing therapies for complex and often chronic medical conditions. Its operations span research and development, manufacturing, regulatory affairs and commercialization, with an emphasis on bringing specialty medicines to market across multiple therapeutic areas.
AbbVie’s product portfolio and pipeline cover several major therapeutic categories, including immunology, oncology, neuroscience, virology and women’s health.
Featured Stories Five stocks we like better than AbbVie The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for AbbVie Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AbbVie and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEVicor Corporation $VICR Position Lifted by Andar Capital Management HK Ltd
NEXT HEADLINE »Amova Asset Management Americas Inc. Sells 193,353 Shares of Cerus Corporation $CERS
Amova Asset Management Americas Inc. reduced its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) by 8.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,688,322 shares of the company’s stock after selling 157,256 shares during the quarter. Palantir Technologies comprises 3.5% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 7th biggest position. Amova Asset Management Americas Inc. owned 0.07% of Palantir Technologies worth $246,900,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of PLTR. Revolve Wealth Partners LLC bought a new stake in Palantir Technologies in the fourth quarter valued at approximately $450,000. Bison Wealth LLC boosted its position in shares of Palantir Technologies by 37.4% during the fourth quarter. Bison Wealth LLC now owns 17,130 shares of the company’s stock worth $1,296,000 after purchasing an additional 4,667 shares in the last quarter. Capstone Wealth Management Group LLC grew its holdings in shares of Palantir Technologies by 38.0% in the 1st quarter. Capstone Wealth Management Group LLC now owns 17,147 shares of the company’s stock valued at $1,447,000 after buying an additional 4,722 shares during the period. Schnieders Capital Management LLC. grew its holdings in shares of Palantir Technologies by 36.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 6,294 shares of the company’s stock valued at $858,000 after buying an additional 1,694 shares during the period. Finally, Vivaldi Capital Management LP bought a new stake in shares of Palantir Technologies in the 2nd quarter valued at $315,000. 45.65% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Palantir Technologies Here are the key news stories impacting Palantir Technologies this week:
Positive Sentiment: Several articles argue Palantir’s long-term growth case remains intact, pointing to its expanding AI software footprint and the strength of its AIP platform. Palantir: The Stock Is Richly Valued With a Forward P/S Multiple of Over 40x, but Is the Growth Story Still Worth Buying Into? Positive Sentiment: Commentary from top investors and market watchers says Palantir’s business momentum and product expansion could support further gains despite the stock’s premium valuation. It’s Not Crazy, Says Top Investor About Palantir Stock Positive Sentiment: Another piece says Palantir keeps defying skeptics with a string of earnings beats and a raised outlook, reinforcing the idea that fundamentals are still improving. Predicition: Palantir Defies Doubters. Here’s Our New Price Target Neutral Sentiment: Palantir is also being widely searched and discussed, which shows elevated investor interest but does not by itself change the outlook. Neutral Sentiment: Several articles revisit the stock’s big run from its IPO and its recent pullback, keeping focus on valuation and volatility rather than any new company-specific catalyst. Insider Activity In other news, insider Alexander C. Karp sold 397,744 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $54,109,093.76. Following the completion of the transaction, the insider directly owned 6,432,258 shares of the company’s stock, valued at $875,044,378.32. This trade represents a 5.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Glazer sold 17,128 shares of Palantir Technologies stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $136.04, for a total transaction of $2,330,093.12. Following the completion of the sale, the insider owned 375,242 shares in the company, valued at $51,047,921.68. This trade represents a 4.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 1,112,270 shares of company stock worth $150,247,785. 9.53% of the stock is currently owned by insiders.
Palantir Technologies Price Performance Shares of Palantir Technologies stock opened at $134.85 on Tuesday. The firm has a market cap of $323.28 billion, a price-to-earnings ratio of 151.52, a price-to-earnings-growth ratio of 2.12 and a beta of 1.56. The stock’s 50-day moving average is $132.16 and its 200-day moving average is $143.69. Palantir Technologies Inc. has a one year low of $106.37 and a one year high of $207.52.
Palantir Technologies (NASDAQ:PLTR – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. Palantir Technologies had a return on equity of 28.34% and a net margin of 43.67%.The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same period last year, the company earned $0.13 earnings per share. Palantir Technologies’s quarterly revenue was up 84.7% on a year-over-year basis. On average, equities analysts expect that Palantir Technologies Inc. will post 1.17 EPS for the current year.
Analysts Set New Price Targets PLTR has been the topic of several recent analyst reports. President Capital upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $25.50 to $133.00 in a report on Monday, June 29th. UBS Group upgraded Palantir Technologies from a “buy” rating to a “buy” rating in a report on Tuesday, June 16th. Mizuho dropped their price target on Palantir Technologies from $195.00 to $185.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Benchmark cut Palantir Technologies to a “hold” rating in a report on Tuesday, June 16th. Finally, BTIG Research lowered Palantir Technologies to a “neutral” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $190.85.
Read Our Latest Stock Report on PLTR
About Palantir Technologies (Free Report)
Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.
Palantir’s product portfolio centers on a small number of core platforms.
See Also Five stocks we like better than Palantir Technologies The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding PLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palantir Technologies Inc. (NASDAQ:PLTR – Free Report).
Receive News & Ratings for Palantir Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palantir Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINECoinbase Global, Inc. $COIN Stake Lowered by Amova Asset Management Americas Inc.
NEXT HEADLINE »Amova Asset Management Americas Inc. Increases Stake in Robinhood Markets, Inc. $HOOD
In a July 21 X post, the famous ‘Big Short’ trader, Michael Burry, drew attention to a study showing that big tech’s overall debt significantly exceeds the fully disclosed figures.
Specifically, the legendary investor highlighted a recent Nikkei Research study that found that just five U.S. technology giants carry as much as $1.65 trillion in so-called ‘hidden debt’ – burden that does not appear on the balance sheet thanks to a wide variety of obfuscating methods.
The figure is made only more alarming once its growth is taken into account. Indeed, as recently as 2022, the number stood in the low hundreds of billions and has been steadily accelerating, with the 2026 balance anticipated to be roughly twice as high as in 2025.
PALO ALTO, California — Hidden debt at U.S. tech giants swelled eightfold in roughly four years to an estimated $1.65 trillion as artificial intelligence investments ballooned, a Nikkei study shows, exceeding actual debt and making it tougher for investors to assess risk.
Nikkei… pic.twitter.com/SW4eZ1rG1R
— Cassandra Unchained (@michaeljburry) July 21, 2026 Oracle debt soars 30x on OpenAI data center commitment Elsewhere, examining the Nikkei report more closely reveals that Meta’s (NASDAQ: META) off-balance-sheet debt is especially high at $420 billion, while Oracle’s (NYSE: ORCL) has been rising at a particularly rapid rate.
According to the study, Oracle saw its burden soar roughly 30-fold over four years, reaching $273.3 billion by the end of May.
Notably, the firm might be particularly exposed to any adverse developments in the wider AI space, considering its ability to pay back the debt is mostly reliant on the future profitability and success of OpenAI.
Simultaneously, leaked financials for 2024 and 2025 for Sam Altman’s firm strongly hint that the company might not be able to pay Oracle in time, if at all.
Meanwhile, recent developments showcase both the continued confidence blue-chip technology giants have in the eventual benefits of their vast infrastructure investments and the strain the greater program has put on credit providers.
Alphabet (NASDAQ: GOOGL) – one of the firms included in the $1.65 trillion total – recently made its first equity offering in roughly two decades, raising over $80 billion from Warren Buffett and other investors across the market.
Possible signs of strain are also evident with the last two examined companies – Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN) – as both have been undertaking significant layoffs in what some critics speculate are attempts to save cash to facilitate continued CapEx.
As for Michael Burry, the $1.65 trillion in hidden debt for some of the biggest technology firms involved with the ‘AI boom’ appears to back his long-standing thesis that the prevailing situation in the market is unsustainable.
The legendary short trader drew much scrutiny in recent years with his attempts to bet against the semiconductor industry, and his more recent wagers that Nvidia (NASDAQ: NVDA) and Palantir (NASDAQ: PLTR) stocks would experience a decline have, so far, been offering mixed results.
Lastly, the situation might shift once again already in July as nearly all companies included in the study are set to report their quarterly earnings, with the probable continuation of the trend possibly proving especially damaging given that big tech owes much of its popularity to historically being asset-light and cash-heavy.
Featured image via Shutterstock
Best Crypto Exchange for Intermediate Traders and Investors
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.
30+ million Users worldwide
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!
Amova Asset Management Americas Inc. reduced its stake in shares of Unity Software Inc. (NYSE:U – Free Report) by 40.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,111,451 shares of the company’s stock after selling 760,324 shares during the period. Amova Asset Management Americas Inc. owned approximately 0.25% of Unity Software worth $24,396,000 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. Vanguard Group Inc. grew its holdings in shares of Unity Software by 2.9% during the 4th quarter. Vanguard Group Inc. now owns 35,553,296 shares of the company’s stock valued at $1,570,389,000 after purchasing an additional 996,685 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Unity Software by 58.7% in the third quarter. Wellington Management Group LLP now owns 18,213,875 shares of the company’s stock worth $729,284,000 after buying an additional 6,734,285 shares during the period. Geode Capital Management LLC lifted its stake in shares of Unity Software by 5.9% in the 4th quarter. Geode Capital Management LLC now owns 5,852,047 shares of the company’s stock valued at $258,547,000 after acquiring an additional 328,595 shares during the last quarter. Norges Bank bought a new stake in shares of Unity Software in the 4th quarter valued at about $230,285,000. Finally, Ameriprise Financial Inc. boosted its holdings in Unity Software by 37.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,628,328 shares of the company’s stock valued at $112,006,000 after acquiring an additional 1,270,798 shares during the period. 73.46% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity In other Unity Software news, SVP Rebecca Berenice Boyden sold 952 shares of Unity Software stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $27.20, for a total value of $25,894.40. Following the completion of the transaction, the senior vice president directly owned 309,445 shares of the company’s stock, valued at approximately $8,416,904. The trade was a 0.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Matthew S. Bromberg sold 138,993 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $27.18, for a total transaction of $3,777,829.74. Following the completion of the transaction, the chief executive officer owned 1,557,514 shares in the company, valued at approximately $42,333,230.52. This represents a 8.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 198,321 shares of company stock valued at $5,390,783. 0.77% of the stock is currently owned by insiders.
Unity Software Stock Performance Shares of U opened at $29.85 on Tuesday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.56. The stock has a market cap of $13.03 billion, a P/E ratio of -19.01, a P/E/G ratio of 3.51 and a beta of 2.05. The business’s 50 day moving average price is $28.44 and its 200-day moving average price is $27.68. Unity Software Inc. has a 52 week low of $16.78 and a 52 week high of $52.15.
Analysts Set New Price Targets Several brokerages recently commented on U. Citigroup decreased their target price on shares of Unity Software from $43.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Wall Street Zen cut shares of Unity Software from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Wedbush raised their price target on shares of Unity Software from $30.00 to $32.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Citizens Jmp reiterated a “market outperform” rating and set a $37.00 target price on shares of Unity Software in a report on Friday, March 27th. Finally, Barclays boosted their target price on Unity Software from $28.00 to $33.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Unity Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.77.
Read Our Latest Stock Analysis on U
Unity Software Company Profile (Free Report)
Unity Software is a leading provider of a real-time 3D development platform that enables creators across industries to design, build and operate interactive, real-time experiences. Originally focused on the game development market, Unity’s technology now extends into sectors such as film, automotive, architecture, engineering and construction, delivering immersive content for mobile, desktop, console, augmented reality and virtual reality devices. The company’s core offering comprises a suite of authoring tools, runtime engines and cloud services that streamline the creation and deployment of interactive 3D applications.
The Unity Editor serves as the central hub where developers design scenes, script behavior and iterate on assets.
Recommended Stories Five stocks we like better than Unity Software 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 U? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unity Software Inc. (NYSE:U – Free Report).
Receive News & Ratings for Unity Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unity Software and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAmova Asset Management Americas Inc. Purchases 21,271 Shares of AeroVironment, Inc. $AVAV
NEXT HEADLINE »Iridium Communications Inc $IRDM Shares Sold by Amova Asset Management Americas Inc.
AlTi Global Inc. reduced its position in Bristol Myers Squibb Company (NYSE:BMY – Free Report) by 92.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 9,221 shares of the biopharmaceutical company’s stock after selling 105,548 shares during the period. AlTi Global Inc.’s holdings in Bristol Myers Squibb were worth $559,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Bristol Myers Squibb by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 198,727,768 shares of the biopharmaceutical company’s stock worth $10,719,376,000 after buying an additional 2,743,759 shares during the last quarter. State Street Corp increased its stake in shares of Bristol Myers Squibb by 1.4% during the 4th quarter. State Street Corp now owns 97,980,438 shares of the biopharmaceutical company’s stock valued at $5,285,065,000 after acquiring an additional 1,385,206 shares during the last quarter. Geode Capital Management LLC raised its stake in Bristol Myers Squibb by 13.1% during the fourth quarter. Geode Capital Management LLC now owns 52,638,346 shares of the biopharmaceutical company’s stock worth $2,837,026,000 after purchasing an additional 6,084,046 shares during the period. Norges Bank acquired a new stake in shares of Bristol Myers Squibb during the 4th quarter worth $1,947,272,000. Finally, AQR Capital Management LLC raised its position in shares of Bristol Myers Squibb by 172.6% in the 4th quarter. AQR Capital Management LLC now owns 25,796,905 shares of the biopharmaceutical company’s stock worth $1,391,485,000 after buying an additional 16,332,924 shares during the period. Hedge funds and other institutional investors own 76.41% of the company’s stock.
Wall Street Analysts Forecast Growth BMY has been the subject of a number of research reports. Weiss Ratings downgraded Bristol Myers Squibb from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $54.00 price objective on shares of Bristol Myers Squibb in a research note on Monday, July 6th. Bank of America decreased their target price on Bristol Myers Squibb from $67.00 to $66.00 and set a “buy” rating for the company in a report on Friday, July 10th. UBS Group reissued a “buy” rating on shares of Bristol Myers Squibb in a research report on Thursday, May 28th. Finally, Guggenheim restated a “buy” rating and issued a $72.00 price target on shares of Bristol Myers Squibb in a report on Wednesday, April 8th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Bristol Myers Squibb presently has a consensus rating of “Hold” and an average price target of $61.25.
Get Our Latest Stock Analysis on Bristol Myers Squibb
Bristol Myers Squibb Trading Down 0.7% NYSE:BMY opened at $60.30 on Tuesday. The business’s 50-day moving average is $57.11 and its two-hundred day moving average is $57.85. The firm has a market capitalization of $123.14 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 0.17 and a beta of 0.23. Bristol Myers Squibb Company has a 12 month low of $42.52 and a 12 month high of $62.89. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.42 and a quick ratio of 1.28.
Bristol Myers Squibb (NYSE:BMY – Get Free Report) last issued its earnings results on Thursday, April 30th. The biopharmaceutical company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.16. The company had revenue of $11.49 billion during the quarter, compared to the consensus estimate of $10.93 billion. Bristol Myers Squibb had a return on equity of 64.87% and a net margin of 15.01%.The company’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.80 earnings per share. Bristol Myers Squibb has set its FY 2026 guidance at 6.050-6.350 EPS. Research analysts predict that Bristol Myers Squibb Company will post 6.34 earnings per share for the current fiscal year.
Bristol Myers Squibb Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Thursday, July 2nd will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Thursday, July 2nd. Bristol Myers Squibb’s payout ratio is presently 70.79%.
Key Stories Impacting Bristol Myers Squibb Here are the key news stories impacting Bristol Myers Squibb this week:
Positive Sentiment: Bristol Myers Squibb expanded its NVIDIA partnership and plans to deploy a DGX SuperPOD based on Vera Rubin systems, which the company says will become the most powerful AI factory in life sciences and should enhance drug discovery and development efficiency. Bristol Myers Expands NVIDIA Partnership to Build Top Life Sciences AI Supercomputer Positive Sentiment: The company also said it will be the first life sciences firm to buy Nvidia’s latest DGX SuperPOD system, signaling an aggressive investment in AI infrastructure that could strengthen Bristol Myers’ competitive position in future drug research. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: A Reuters report repeated the AI-infrastructure news, reinforcing the strategic nature of the announcement but adding no materially new information for investors. Bristol Myers buys Nvidia’s latest AI computing system for drug research Neutral Sentiment: Bristol Myers was mentioned in a broader article about cancer-drug competition and next-generation therapies, but the piece mainly discussed the market landscape rather than any company-specific development. Merck’s Keytruda Faces a Patent Cliff. These New Cancer Drugs Could Take Over. Negative Sentiment: Healthcare stocks fell late Monday afternoon, which may be creating a modest drag on BMY and offsetting some of the optimism from the NVIDIA partnership news. Sector Update: Healthcare Stocks Fall Late Afternoon About Bristol Myers Squibb (Free Report)
Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.
BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.
Featured Articles Five stocks we like better than Bristol Myers Squibb The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding BMY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bristol Myers Squibb Company (NYSE:BMY – Free Report).
Receive News & Ratings for Bristol Myers Squibb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bristol Myers Squibb and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEASML Holding N.V. $ASML Shares Sold by AlTi Global Inc.
NEXT HEADLINE »Amova Asset Management Americas Inc. Sells 54,907 Shares of Nu Holdings Ltd. $NU
Amova Asset Management Americas Inc. lowered its stake in shares of Pinterest, Inc. (NYSE:PINS – Free Report) by 70.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 741,035 shares of the company’s stock after selling 1,734,420 shares during the quarter. Amova Asset Management Americas Inc. owned approximately 0.11% of Pinterest worth $13,605,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Meeder Advisory Services Inc. increased its holdings in shares of Pinterest by 42.7% in the first quarter. Meeder Advisory Services Inc. now owns 11,028 shares of the company’s stock valued at $202,000 after purchasing an additional 3,301 shares in the last quarter. Parallel Advisors LLC raised its position in Pinterest by 31.7% in the 1st quarter. Parallel Advisors LLC now owns 5,780 shares of the company’s stock worth $106,000 after purchasing an additional 1,390 shares during the last quarter. SEB Asset Management AB acquired a new position in Pinterest during the 1st quarter worth $5,656,000. Swiss National Bank lifted its holdings in Pinterest by 6.4% during the 1st quarter. Swiss National Bank now owns 1,748,700 shares of the company’s stock worth $32,071,000 after buying an additional 104,600 shares in the last quarter. Finally, Aurora Investment Counsel boosted its position in Pinterest by 30.5% in the 1st quarter. Aurora Investment Counsel now owns 77,904 shares of the company’s stock valued at $1,429,000 after buying an additional 18,216 shares during the last quarter. Institutional investors and hedge funds own 88.81% of the company’s stock.
Analyst Ratings Changes Several brokerages have recently issued reports on PINS. Rosenblatt Securities raised their target price on shares of Pinterest from $20.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, May 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Pinterest in a research note on Tuesday, June 30th. Mizuho increased their price objective on shares of Pinterest from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Pinterest in a research note on Tuesday, May 5th. Finally, Benchmark lowered their target price on shares of Pinterest from $34.00 to $33.00 and set a “buy” rating for the company in a report on Thursday, April 30th. Seventeen research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $27.66.
View Our Latest Research Report on PINS
Pinterest Trading Down 1.6% Shares of NYSE:PINS opened at $22.82 on Tuesday. Pinterest, Inc. has a 12 month low of $13.84 and a 12 month high of $39.93. The company has a quick ratio of 4.23, a current ratio of 4.23 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $20.97 and its 200 day simple moving average is $20.74. The firm has a market cap of $12.78 billion, a price-to-earnings ratio of 47.54, a PEG ratio of 1.32 and a beta of 0.89.
Pinterest (NYSE:PINS – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.05. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $965.84 million. Pinterest had a return on equity of 8.26% and a net margin of 7.64%.The company’s revenue for the quarter was up 17.8% on a year-over-year basis. During the same quarter last year, the business posted $0.23 EPS. As a group, research analysts forecast that Pinterest, Inc. will post 0.65 EPS for the current fiscal year.
Insider Activity at Pinterest In other news, insider Wanjiku Juanita Walcott sold 27,337 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $20.46, for a total transaction of $559,315.02. Following the sale, the insider owned 724,673 shares in the company, valued at $14,826,809.58. This represents a 3.64% decrease in their position. The sale 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. Also, Director Benjamin Silbermann sold 46,875 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $22.63, for a total value of $1,060,781.25. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 323,845 shares of company stock valued at $6,836,065 over the last ninety days. Company insiders own 8.09% of the company’s stock.
About Pinterest (Free Report)
Pinterest, Inc operates a visual discovery platform that helps users find inspiration and ideas for projects ranging from home design and fashion to cooking and travel. Users create and curate “Pins” — images or videos linked to content — organized on thematic boards. The service is available through its website and mobile applications and emphasizes personalized recommendations and visual search to surface relevant content based on user interests.
The company’s primary revenue model is advertising, offering promoted content formats that integrate into user feeds and search results.
Read More Five stocks we like better than Pinterest The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Pinterest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinterest and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAmova Asset Management Americas Inc. Has $9.22 Million Stock Position in Pacific Biosciences of California, Inc. $PACB
NEXT HEADLINE »Amova Asset Management Americas Inc. Grows Stock Holdings in GitLab Inc. $GTLB
Amova Asset Management Americas Inc. lessened its stake in Roku, Inc. (NASDAQ:ROKU – Free Report) by 37.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,848,889 shares of the company’s stock after selling 1,092,615 shares during the quarter. Roku comprises 2.5% of Amova Asset Management Americas Inc.’s investment portfolio, making the stock its 11th biggest position. Amova Asset Management Americas Inc. owned 1.25% of Roku worth $174,923,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Jefferies Financial Group Inc. acquired a new position in shares of Roku during the 4th quarter valued at $1,345,000. Moran Wealth Management LLC acquired a new stake in Roku in the first quarter worth $2,990,000. MH & Associates Securities Management Corp ADV bought a new stake in Roku in the fourth quarter valued at $2,398,000. Katamaran Capital LLP increased its stake in Roku by 90.8% in the first quarter. Katamaran Capital LLP now owns 52,548 shares of the company’s stock valued at $4,972,000 after purchasing an additional 25,002 shares in the last quarter. Finally, Maxi Investments CY Ltd acquired a new position in shares of Roku during the fourth quarter valued at about $1,953,000. Institutional investors own 86.30% of the company’s stock.
Roku Stock Down 0.2% Shares of NASDAQ:ROKU opened at $144.13 on Tuesday. The stock has a market cap of $21.25 billion, a price-to-earnings ratio of 108.37 and a beta of 2.01. Roku, Inc. has a 12-month low of $78.53 and a 12-month high of $148.88. The business’s 50 day moving average is $133.04 and its 200 day moving average is $112.78.
Roku (NASDAQ:ROKU – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.23. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.20 billion. Roku had a return on equity of 7.64% and a net margin of 4.06%.Roku’s revenue was up 22.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.19) earnings per share. As a group, equities research analysts expect that Roku, Inc. will post 2.41 earnings per share for the current year.
Analyst Upgrades and Downgrades A number of research firms have recently issued reports on ROKU. Citigroup increased their price objective on shares of Roku from $120.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday. Susquehanna downgraded Roku from a “positive” rating to a “neutral” rating and set a $160.00 price target on the stock. in a research note on Tuesday, June 16th. Zacks Research lowered Roku from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Morgan Stanley raised their price objective on Roku from $150.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, June 4th. Finally, UBS Group set a $160.00 price objective on Roku in a report on Monday, June 15th. Ten research analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $155.12.
Get Our Latest Stock Analysis on ROKU
Insider Activity at Roku In related news, insider Charles Collier sold 20,538 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $124.23, for a total transaction of $2,551,435.74. Following the transaction, the insider directly owned 7,700 shares in the company, valued at approximately $956,571. The trade was a 72.73% decrease in their ownership of the stock. The transaction 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. Also, insider Gilbert Fuchsberg sold 9,593 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $125.52, for a total value of $1,204,113.36. Following the completion of the transaction, the insider owned 50,863 shares in the company, valued at $6,384,323.76. The trade was a 15.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 236,499 shares of company stock valued at $30,582,963 over the last three months. Insiders own 13.45% of the company’s stock.
Roku Profile (Free Report)
Roku, Inc (NASDAQ: ROKU) is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company’s platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.
At the core of Roku’s product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.
Further Reading Five stocks we like better than Roku 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 ROKU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roku, Inc. (NASDAQ:ROKU – Free Report).
Receive News & Ratings for Roku Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roku and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINERoyalty Pharma PLC $RPRX Holdings Lowered by AlTi Global Inc.
NEXT HEADLINE »Block, Inc. $XYZ Shares Sold by Amova Asset Management Americas Inc.
Bank of America says Micron Technology (NASDAQ:MU | MU Price Prediction) is going to $1,550, a call that implies roughly 83% upside from the stock’s $848.95 close on July 17, 2026. Investors should confirm the price intraday, since the memory name has been moving fast in both directions.
Who Is Making the Call BofA analyst Vivek Arya lifted his price objective to $1,550 from $1,500 and reiterated a Buy rating, citing “another memorable beat.” Arya has also framed the recent chip pullback as a “summer reset” rather than a fundamental reversal. He is not alone. TD Cowen has also moved to $1,500, and the Street consensus target sits at $1,491.95, with 31 Buy and 9 Strong Buy ratings against a single Strong Sell.
The Numbers Behind the Target Micron’s fiscal Q3 2026 report gave the bulls plenty of ammunition. Revenue landed at $41.46 billion, up 345.72% year over year from $9.30 billion. GAAP net income was $28.24 billion, up 1,398.3%. Non-GAAP gross margin hit 84.9% (GAAP 84.6%, up from 37.7% a year ago), and non-GAAP diluted EPS of $25.11 topped the $20.28 consensus by 23.79%, the eighth straight quarterly beat.
Cloud Memory generated $13.77 billion, with Core Data Center and Mobile and Client each at $11.52 billion and Automotive and Embedded at $4.63 billion.
The Structural AI Thesis BofA argues memory chips, especially high-bandwidth memory (HBM) for AI accelerators, are shifting from a cyclical commodity into a long-term AI theme. The firm raised its global semiconductor sales forecast to $2.7 trillion by 2030, up from $2.3 trillion, and projects the HBM market could reach roughly $246 billion by 2030, up from about $35 billion. Micron has signed 16 multi-year Strategic Customer Agreements that lock in pricing visibility, including a new supply-and-investment partnership with Anthropic announced in June 2026.
CEO Sanjay Mehrotra put it plainly: “Micron’s record fiscal Q3 financial results and even stronger outlook for Q4 reflect the strategic value of memory in the AI era.” That outlook calls for fiscal Q4 revenue of $50.0 billion plus or minus $1.0 billion, non-GAAP EPS of $31.00 plus or minus $1.00, and non-GAAP gross margin of approximately 86%.
Volatility Is the Price of Admission Micron is up 197.63% year to date, but it has slipped 13.31% in the past week and 18.61% over the past month. Shares spiked to roughly $1,190 in the hour after earnings before sliding back to $848.95. The reversal tracks a broad memory-sector selloff that also hit Samsung and SK Hynix, not a Micron-specific issue.
The Balanced Takeaway BofA’s $1,550 call is one analyst’s view, not a guarantee. The fundamentals support a bullish case, and the forward P/E of 5 is unusually low for a name growing this fast. Micron has also shown it can swing sharply in both directions, so this remains a high-conviction, high-volatility bet rather than a settled outcome.
Micron Technology (NASDAQ: MU) could face modest downside over the coming days, according to the latest forecast generated by the Finbold AI Agent.
The machine learning model projects Micron stock to trade at an average price of $849.66 on August 1, 2026, representing a 1.92% decline from its reference price of $866.30.
MU stock price prediction. Source: Finbold The forecast comes after a period of heightened volatility for Micron shares, which have surged on the back of booming artificial intelligence demand and strong pricing across the memory semiconductor market.
While Wall Street remains broadly bullish on the company’s long-term outlook, the AI-powered prediction suggests MU stock could experience short-term pressure before the start of August.
The Finbold AI Agent aggregates forecasts from multiple large language models and machine learning systems to estimate future price movements. For Micron, the models produced a range of outcomes for August 1.
GPT-5.6 Sol delivered the most optimistic forecast, projecting MU shares at $910, implying a 5.04% gain. Gemini 3.5 Flash predicted a price of $855, while Claude Opus 4.8 forecast $815.20. Grok 4.5 was also cautious, estimating a price target of $818.45.
Combining the individual forecasts resulted in an average projected price of $849.66, suggesting a modest pullback from current levels.
MU stock price prediction. Source: Finbold MU stock fundamentals Despite the near-term bearish forecast, Micron continues to benefit from strong demand for high-bandwidth memory (HBM) and other AI-related memory products.
The company reported record fiscal third-quarter 2026 revenue of $41.46 billion, significantly exceeding analyst expectations.
Non-GAAP earnings per share reached $25.11, while management issued fourth-quarter revenue guidance of approximately $50 billion, reflecting continued momentum in AI infrastructure spending.
Micron has also stated that its HBM supply for 2026 is fully sold out, with demand visibility extending into 2027. These trends have helped drive one of the strongest stock performances in the semiconductor sector this year.
Micron stock technical indicators The Finbold AI Agent’s forecast aligns with recent technical weakness in Micron shares. The stock has retreated sharply from its all-time highs, while momentum indicators have softened.
The Relative Strength Index (RSI) has trended lower in recent weeks, indicating fading buying pressure. At the same time, the Moving Average Convergence Divergence (MACD) indicator remains under pressure, reflecting a slowdown in upward momentum following the stock’s rapid advance earlier in the year.
While Micron’s long-term outlook remains supported by AI-driven memory demand, the machine learning forecast suggests investors could see additional short-term volatility before August begins.
Best Crypto Exchange for Intermediate Traders and Investors
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.
30+ million Users worldwide
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!
AlTi Global Inc. grew its holdings in shares of Intuitive Surgical, Inc. (NASDAQ:ISRG – Free Report) by 353.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,023 shares of the medical equipment provider’s stock after purchasing an additional 2,356 shares during the quarter. AlTi Global Inc.’s holdings in Intuitive Surgical were worth $1,394,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Fiduciary Financial Group LLC boosted its position in shares of Intuitive Surgical by 2.1% in the fourth quarter. Fiduciary Financial Group LLC now owns 920 shares of the medical equipment provider’s stock worth $521,000 after purchasing an additional 19 shares during the period. Prosperity Consulting Group LLC raised its position in shares of Intuitive Surgical by 0.5% during the 3rd quarter. Prosperity Consulting Group LLC now owns 4,033 shares of the medical equipment provider’s stock valued at $1,804,000 after purchasing an additional 19 shares during the period. Sunburst Financial Group LLC lifted its stake in shares of Intuitive Surgical by 4.3% during the 4th quarter. Sunburst Financial Group LLC now owns 485 shares of the medical equipment provider’s stock valued at $275,000 after buying an additional 20 shares in the last quarter. WoodTrust Financial Corp boosted its holdings in Intuitive Surgical by 0.5% in the 4th quarter. WoodTrust Financial Corp now owns 4,180 shares of the medical equipment provider’s stock worth $2,367,000 after buying an additional 20 shares during the period. Finally, North Star Investment Management Corp. boosted its holdings in Intuitive Surgical by 8.5% in the 4th quarter. North Star Investment Management Corp. now owns 269 shares of the medical equipment provider’s stock worth $152,000 after buying an additional 21 shares during the period. Hedge funds and other institutional investors own 83.64% of the company’s stock.
Wall Street Analyst Weigh In A number of research firms have commented on ISRG. Raymond James Financial reissued an “outperform” rating and set a $483.00 price target (down from $577.00) on shares of Intuitive Surgical in a report on Friday. BMO Capital Markets reissued an “outperform” rating on shares of Intuitive Surgical in a research note on Monday. Robert W. Baird lowered their price target on Intuitive Surgical from $525.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Intuitive Surgical in a research note on Tuesday, May 19th. Finally, Evercore set a $430.00 price objective on shares of Intuitive Surgical in a report on Monday, July 6th. Twenty-one analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $523.46.
Read Our Latest Research Report on Intuitive Surgical
Intuitive Surgical Stock Performance NASDAQ:ISRG opened at $353.17 on Tuesday. The firm has a market capitalization of $125.08 billion, a PE ratio of 40.45, a PEG ratio of 2.80 and a beta of 1.46. The stock’s fifty day moving average is $413.94 and its 200 day moving average is $465.58. Intuitive Surgical, Inc. has a fifty-two week low of $342.10 and a fifty-two week high of $603.88.
Intuitive Surgical (NASDAQ:ISRG – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The medical equipment provider reported $2.50 EPS for the quarter, topping the consensus estimate of $2.08 by $0.42. Intuitive Surgical had a net margin of 28.45% and a return on equity of 17.09%. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same period in the previous year, the firm earned $1.81 earnings per share. Intuitive Surgical’s quarterly revenue was up 23.0% compared to the same quarter last year. Equities analysts forecast that Intuitive Surgical, Inc. will post 8.62 EPS for the current year.
Insider Activity at Intuitive Surgical In related news, SVP Iman Jeddi sold 5,625 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $420.55, for a total value of $2,365,593.75. Following the sale, the senior vice president directly owned 6,463 shares of the company’s stock, valued at $2,718,014.65. This represents a 46.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gary Loeb sold 400 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $424.14, for a total value of $169,656.00. Following the completion of the sale, the executive vice president owned 5,720 shares in the company, valued at approximately $2,426,080.80. The trade was a 6.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 7,169 shares of company stock worth $3,059,135. Insiders own 0.60% of the company’s stock.
Key Intuitive Surgical News Here are the key news stories impacting Intuitive Surgical this week:
Positive Sentiment: Some market commentary argues ISRG’s recent correction may have reset expectations, with oversold technical conditions and improving earnings estimate revisions potentially setting up a near-term rebound. Down 15% in 4 Weeks, Here’s Why You Should You Buy the Dip in Intuitive Surgical (ISRG) Positive Sentiment: Zacks highlighted Intuitive Surgical as a trending stock with strong growth characteristics, saying the company’s fundamentals and growth profile may appeal to investors looking for long-term outperformance. 3 Reasons Growth Investors Will Love Intuitive Surgical (ISRG) Positive Sentiment: Another piece noted investor interest in ISRG remains elevated, suggesting the stock is staying on traders’ radar even after recent weakness. Intuitive Surgical, Inc. (ISRG) Is a Trending Stock: Facts to Know Before Betting on It Neutral Sentiment: Commentary focused on whether investors should prioritize Intuitive Surgical’s current robot sales or its longer-term growth opportunity, reinforcing the debate around valuation versus future expansion. What’s More Important For Intuitive Surgical: Today’s Robots Or Tomorrow’s Growth? Negative Sentiment: Several analyst updates were cautious, with firms including Stifel, Sanford C. Bernstein, and Citigroup lowering price targets or expectations, which likely added to the selling pressure on ISRG. Stifel Nicolaus Lowers Intuitive Surgical (NASDAQ:ISRG) Price Target to $550.00 About Intuitive Surgical (Free Report)
Intuitive Surgical, founded in 1995 and headquartered in Sunnyvale, California, is a medical technology company focused on the design, manufacture and service of robotic-assisted surgical systems. The company is best known for its da Vinci surgical systems, which enable minimally invasive procedures by translating a surgeon’s hand movements into finer, scaled motions of small instruments inside the patient. Intuitive’s business centers on supplying hospitals and surgical centers with systems, instruments and related technologies that aim to improve precision, visualization and control in the operating room.
In addition to its core surgical platforms, Intuitive markets a portfolio of reusable and disposable instruments, accessories, and proprietary software, and provides training, servicing and clinical support to its customers.
See Also Five stocks we like better than Intuitive Surgical The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Intuitive Surgical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intuitive Surgical and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAlTi Global Inc. Purchases New Holdings in Grayscale Bitcoin Mini Trust ETF $BTC
NEXT HEADLINE »Amova Asset Management Americas Inc. Sells 4,933 Shares of MercadoLibre, Inc. $MELI
Amova Asset Management Americas Inc. reduced its stake in shares of Zillow Group, Inc. (NASDAQ:Z – Free Report) by 34.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 271,278 shares of the financial services provider’s stock after selling 143,939 shares during the quarter. Amova Asset Management Americas Inc. owned approximately 0.11% of Zillow Group worth $11,225,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new stake in shares of Zillow Group during the fourth quarter worth $28,000. Flagship Harbor Advisors LLC purchased a new position in Zillow Group in the fourth quarter valued at about $43,000. IFC & Insurance Marketing Inc. purchased a new position in Zillow Group in the fourth quarter valued at about $68,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in Zillow Group in the fourth quarter valued at about $71,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in Zillow Group by 34.5% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,170 shares of the financial services provider’s stock worth $80,000 after purchasing an additional 300 shares during the last quarter. 71.01% of the stock is owned by hedge funds and other institutional investors.
Zillow Group Stock Performance Zillow Group stock opened at $33.03 on Tuesday. The business’s 50-day simple moving average is $34.03 and its 200-day simple moving average is $44.77. The firm has a market capitalization of $7.56 billion, a PE ratio of 132.12, a PEG ratio of 1.45 and a beta of 1.98. Zillow Group, Inc. has a 52 week low of $29.23 and a 52 week high of $93.88.
Zillow Group (NASDAQ:Z – Get Free Report) last released its earnings results on Wednesday, May 6th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. Zillow Group had a return on equity of 1.41% and a net margin of 2.27%.The firm had revenue of $708.00 million for the quarter, compared to analyst estimates of $705.10 million. Research analysts forecast that Zillow Group, Inc. will post 0.9 earnings per share for the current year.
Analysts Set New Price Targets Z has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft dropped their price objective on Zillow Group from $80.00 to $68.00 and set a “buy” rating on the stock in a report on Friday, May 8th. JPMorgan Chase & Co. reduced their target price on shares of Zillow Group from $84.00 to $76.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. UBS Group dropped their price target on shares of Zillow Group from $80.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Wall Street Zen upgraded shares of Zillow Group from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Weiss Ratings lowered shares of Zillow Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, May 22nd. Three analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Zillow Group presently has a consensus rating of “Moderate Buy” and an average target price of $72.38.
Check Out Our Latest Stock Report on Z
Insider Activity In other news, CEO Jeremy Wacksman sold 9,072 shares of Zillow Group stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $36.54, for a total transaction of $331,490.88. Following the sale, the chief executive officer owned 153,699 shares of the company’s stock, valued at approximately $5,616,161.46. This trade represents a 5.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Hofmann sold 5,501 shares of the company’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $37.40, for a total value of $205,737.40. Following the completion of the transaction, the chief financial officer owned 68,315 shares of the company’s stock, valued at $2,554,981. The trade was a 7.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 42,910 shares of company stock valued at $1,605,732. Corporate insiders own 23.76% of the company’s stock.
Zillow Group Company Profile (Free Report)
Zillow Group, Inc is an online real estate marketplace company that operates a portfolio of consumer-facing websites and mobile apps designed to connect buyers, sellers, renters, homeowners and real estate professionals. The company’s platforms aggregate property listings, rental listings, and related information to help users search for homes, estimate property values and connect with agents and service providers. Zillow generates revenue primarily through advertising and lead-generation services for real estate professionals, property managers and mortgage lenders.
Key products and services include the Zillow and Trulia consumer websites and apps, which provide searchable listings, photos, neighborhood data and the company’s automated home valuation tool known as the “Zestimate.” Zillow also offers a rentals marketplace, a mortgage marketplace and tools for home buying and selling such as Zillow Premier Agent for agent advertising and leads, as well as ancillary services designed to support transactions, including closing and title-related offerings.
Featured Stories Five stocks we like better than Zillow Group 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 Z? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zillow Group, Inc. (NASDAQ:Z – Free Report).
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEeToro Group Ltd. $ETOR Shares Sold by Amova Asset Management Americas Inc.
NEXT HEADLINE »Amova Asset Management Americas Inc. Has $11.63 Million Stake in Kodiak AI, Inc. $KDK
A securities fraud class action lawsuit has been filed on behalf of Zillow investors after its stock plummeted over 16% because of Zillow's alleged anticompetitive agreement with Redfin, potentially violating federal securities laws.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Zillow Group, Inc. (NASDAQ:Z, ZG) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
If you invested in Zillow, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
Key Details of the Zillow ($Z, $ZG) Class Action:
Lead Plaintiff Deadline: August 10, 2026 Alleged Misconduct: Securities fraud relating to Zillow's allegedly anticompetitive agreement with Redfin Corporation Largest Alleged Stock Drop: February 11, 2026 – 16.54% Stock Drop on Class C shares; 17.13% Stock Drop on Class A shares. Court: U.S. District Court for the Western District of Washington Action: Contact BFA Law to discuss your rights Investors have until August 10, 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 Zillow Class C and Class A common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Breidert v. Zillow Group, Inc., et al., No. 26-cv-02016.
Why is Zillow Being Sued for Securities Fraud?
On February 6, 2025, Zillow entered into an agreement with Redfin through which Zillow became the exclusive provider of multifamily rental listings on Redfin's platform and affiliate websites, including Rent.com. According to the complaint, during the relevant period, Zillow characterized the agreement with Redfin as a "partnership" that would provide Zillow exclusive access to Redfin's advertising platform.
As alleged, in truth, under the terms of the agreement, Zillow paid Redfin $100 million to stop competing with Zillow, facilitate the transition of its multifamily rental advertising business to Zillow, and close the remainder of its business.
Why did Zillow's Stock Drop?
On September 30, 2025, the FTC filed a complaint against Zillow and Redfin alleging violations of the federal antitrust laws. According to the FTC complaint, "Zillow and Redfin executed an unlawful agreement to remove competition from [the online rental marketplaces industry], starting with a $100 million payment to Redfin to exit the [Internet Listing Services] market." In sum, the FTC alleged, "[t]his agreement is nothing more than an end run around competition on the merits with Redfin for customers…" This news caused the price of Zillow's Class C and A common stock to decline 4.33% and 4.5%, respectively.
On February 10, 2026, Zillow's CFO told investors that Zillow experienced increased legal expenses which "will result in approximately 200 basis points headwind to EBITDA margins in Q1." On this news, the price of Zillow's Class C and A common stock declined 16.54%, and 17.13%, respectively.
Finally, on May 7, 2026, Reuters reported that a "federal judge rejected [Zillow and Redfin's] request to end a [FTC] lawsuit accusing them of illegally agreeing to suppress competition for online apartment rental listings." This news caused the price of Zillow's Class C and A common stock to decline 1.9% and 1.76%, respectively.
Click here for more information: https://www.bfalaw.com/cases/zillow-class-action-lawsuit.
What Can You Do?
If you invested in Zillow, 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.
Amova Asset Management Americas Inc. reduced its position in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 6.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,540 shares of the company’s stock after selling 4,933 shares during the quarter. MercadoLibre makes up about 1.9% of Amova Asset Management Americas Inc.’s holdings, making the stock its 16th largest position. Amova Asset Management Americas Inc. owned about 0.15% of MercadoLibre worth $132,277,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of MercadoLibre in the fourth quarter valued at approximately $26,000. Transamerica Financial Advisors LLC purchased a new position in MercadoLibre in the 4th quarter valued at approximately $26,000. Purpose Unlimited Inc. bought a new stake in MercadoLibre during the 4th quarter valued at $28,000. Darwin Wealth Management LLC purchased a new stake in shares of MercadoLibre during the second quarter worth $29,000. Finally, Curio Wealth LLC bought a new position in shares of MercadoLibre in the fourth quarter worth $30,000. 87.62% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In MELI has been the topic of a number of analyst reports. The Goldman Sachs Group set a $2,100.00 price objective on MercadoLibre in a research note on Wednesday, May 13th. Jefferies Financial Group raised shares of MercadoLibre from a “hold” rating to a “buy” rating and lowered their price target for the stock from $2,800.00 to $2,600.00 in a report on Tuesday, April 7th. Citigroup boosted their price objective on shares of MercadoLibre from $1,950.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Wednesday, July 15th. Barclays lowered their target price on shares of MercadoLibre from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of MercadoLibre in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, MercadoLibre presently has an average rating of “Moderate Buy” and an average price target of $2,258.67.
Get Our Latest Stock Report on MercadoLibre
Insider Transactions at MercadoLibre In other MercadoLibre news, Director Alejandro Nicolas Aguzin purchased 600 shares of MercadoLibre stock in a transaction on Friday, May 22nd. The shares were acquired at an average cost of $1,655.93 per share, for a total transaction of $993,558.00. Following the completion of the transaction, the director directly owned 5,355 shares of the company’s stock, valued at approximately $8,867,505.15. The trade was a 12.62% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.26% of the stock is currently owned by corporate insiders.
MercadoLibre Stock Up 1.0% MELI opened at $1,832.42 on Tuesday. The business’s fifty day simple moving average is $1,687.40 and its 200 day simple moving average is $1,820.01. MercadoLibre, Inc. has a 52 week low of $1,495.00 and a 52 week high of $2,548.50. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.63. The stock has a market cap of $92.90 billion, a PE ratio of 48.36, a P/E/G ratio of 1.12 and a beta of 1.35.
MercadoLibre (NASDAQ:MELI – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $8.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $8.75 by ($0.52). The firm had revenue of $8.85 billion for the quarter, compared to the consensus estimate of $8.29 billion. MercadoLibre had a return on equity of 29.58% and a net margin of 6.04%.The company’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same period last year, the firm earned $9.74 EPS. As a group, research analysts expect that MercadoLibre, Inc. will post 41 earnings per share for the current fiscal year.
About MercadoLibre (Free Report)
MercadoLibre, Inc operates an integrated e-commerce and fintech ecosystem serving consumers and businesses across Latin America. The company provides an online marketplace that connects buyers and sellers for a wide range of goods and services, supported by tools for merchants, advertising, and classifieds. Over time MercadoLibre has expanded beyond its marketplace roots into complementary areas that support digital commerce end to end.
Key offerings include its marketplace platform and a suite of logistics and payment services.
Recommended Stories Five stocks we like better than MercadoLibre The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for MercadoLibre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MercadoLibre and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAlTi Global Inc. Purchases 2,356 Shares of Intuitive Surgical, Inc. $ISRG
NEXT HEADLINE »Royalty Pharma PLC $RPRX Holdings Lowered by AlTi Global Inc.
AlTi Global Inc. boosted its position in Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN – Free Report) by 312.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,857 shares of the biopharmaceutical company’s stock after purchasing an additional 1,407 shares during the period. AlTi Global Inc.’s holdings in Regeneron Pharmaceuticals were worth $1,435,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nordea Investment Management AB increased its position in shares of Regeneron Pharmaceuticals by 118.1% in the fourth quarter. Nordea Investment Management AB now owns 137,321 shares of the biopharmaceutical company’s stock worth $105,810,000 after acquiring an additional 74,350 shares in the last quarter. Lockheed Martin Investment Management Co. purchased a new stake in shares of Regeneron Pharmaceuticals in the 4th quarter valued at approximately $2,702,000. Asio Capital LLC acquired a new position in Regeneron Pharmaceuticals in the 4th quarter worth approximately $3,422,000. Robeco Institutional Asset Management B.V. boosted its stake in Regeneron Pharmaceuticals by 116.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 261,850 shares of the biopharmaceutical company’s stock worth $202,114,000 after purchasing an additional 140,966 shares during the period. Finally, National Pension Service grew its position in Regeneron Pharmaceuticals by 29.8% during the 4th quarter. National Pension Service now owns 360,988 shares of the biopharmaceutical company’s stock worth $278,636,000 after purchasing an additional 82,853 shares in the last quarter. Hedge funds and other institutional investors own 83.31% of the company’s stock.
Insider Buying and Selling at Regeneron Pharmaceuticals In related news, Director Arthur F. Ryan sold 200 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $650.15, for a total transaction of $130,030.00. Following the completion of the sale, the director directly owned 17,303 shares of the company’s stock, valued at approximately $11,249,545.45. This represents a 1.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 6.97% of the company’s stock.
Regeneron Pharmaceuticals Trading Down 0.7% Shares of NASDAQ:REGN opened at $672.15 on Tuesday. The company has a current ratio of 3.57, a quick ratio of 2.96 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $71.06 billion, a PE ratio of 16.38, a P/E/G ratio of 1.50 and a beta of 0.24. Regeneron Pharmaceuticals, Inc. has a 1 year low of $541.00 and a 1 year high of $821.11. The firm has a fifty day moving average price of $640.18 and a 200 day moving average price of $717.26.
Regeneron Pharmaceuticals (NASDAQ:REGN – Get Free Report) last posted its earnings results on Wednesday, April 29th. The biopharmaceutical company reported $9.47 earnings per share for the quarter, beating the consensus estimate of $8.91 by $0.56. The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.48 billion. Regeneron Pharmaceuticals had a return on equity of 13.16% and a net margin of 29.65%.The business’s revenue was up 19.0% compared to the same quarter last year. During the same period last year, the company earned $8.22 earnings per share. Analysts expect that Regeneron Pharmaceuticals, Inc. will post 37.12 EPS for the current fiscal year.
Regeneron Pharmaceuticals Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th were paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Wednesday, May 20th. Regeneron Pharmaceuticals’s payout ratio is presently 9.16%.
Wall Street Analyst Weigh In A number of analysts have recently issued reports on REGN shares. HSBC reduced their target price on Regeneron Pharmaceuticals from $990.00 to $880.00 and set a “buy” rating for the company in a report on Monday, July 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Regeneron Pharmaceuticals in a research report on Wednesday, June 24th. Royal Bank Of Canada decreased their price objective on Regeneron Pharmaceuticals from $707.00 to $696.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 7th. Canaccord Genuity Group lowered their target price on Regeneron Pharmaceuticals from $1,057.00 to $875.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Finally, Sanford C. Bernstein reduced their price target on shares of Regeneron Pharmaceuticals from $925.00 to $921.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Regeneron Pharmaceuticals has an average rating of “Moderate Buy” and a consensus target price of $787.67.
View Our Latest Analysis on Regeneron Pharmaceuticals
Key Stories Impacting Regeneron Pharmaceuticals Here are the key news stories impacting Regeneron Pharmaceuticals this week:
Negative Sentiment: Multiple law firms, including Bernstein Liebhard, Levi & Korsinsky, the Schall Law Firm, the DJS Law Group, Faruqi & Faruqi, and Bronstein, Gewirtz & Grossman, announced or reminded investors about a class action lawsuit against Regeneron Pharmaceuticals, Inc. (REGN), with a lead plaintiff deadline of September 14, 2026. These notices suggest potential litigation risk and uncertainty for shareholders. Article Title Negative Sentiment: The lawsuit coverage increases headline risk and could weigh on sentiment until more details emerge about the alleged claims and the company’s response. Article Title Neutral Sentiment: The company previously reported strong quarterly results, including earnings and revenue that beat expectations, which remains a supportive backdrop for the stock even as legal issues dominate near-term trading. MarketBeat Regeneron Pharmaceuticals Profile (Free Report)
Regeneron Pharmaceuticals, Inc (NASDAQ: REGN) is a U.S.-based biotechnology company founded in 1988 and headquartered in Tarrytown, New York. It focuses on discovering, developing, manufacturing and commercializing medicines for serious medical conditions. The company combines laboratory research, clinical development and in-house manufacturing to advance a pipeline of biologic therapies across multiple therapeutic areas.
Regeneron is known for its proprietary drug discovery technologies, including its VelocImmune platform, which is used to generate fully human monoclonal antibodies.
See Also Five stocks we like better than Regeneron Pharmaceuticals The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Regeneron Pharmaceuticals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regeneron Pharmaceuticals and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAlTi Global Inc. Makes New Investment in Establishment Labs Holdings Inc. $ESTA
NEXT HEADLINE »AlTi Global Inc. Has $1.14 Million Holdings in Paramount Skydance Corporation $PSKY
AlTi Global Inc. grew its stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 203.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,650 shares of the semiconductor company’s stock after buying an additional 3,119 shares during the quarter. AlTi Global Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $1,605,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Quattro Advisors LLC bought a new stake in Taiwan Semiconductor Manufacturing during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter valued at $27,000. Stephens Consulting LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 82.0% during the fourth quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 41 shares during the period. Evolution Wealth Management Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 257.7% during the first quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 67 shares during the period. Finally, Strategic Advocates LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 62.1% in the fourth quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 36 shares during the last quarter. 16.51% of the stock is currently owned by institutional investors and hedge funds.
Taiwan Semiconductor Manufacturing Price Performance Taiwan Semiconductor Manufacturing stock opened at $402.49 on Tuesday. The stock has a market capitalization of $2.09 trillion, a price-to-earnings ratio of 29.04, a PEG ratio of 0.95 and a beta of 1.36. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $223.70 and a 52-week high of $479.00. The stock’s 50 day moving average price is $426.76 and its two-hundred day moving average price is $379.20. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share (EPS) for the quarter. The company had revenue of $39.89 billion for the quarter. Taiwan Semiconductor Manufacturing had a net margin of 50.31% and a return on equity of 40.88%. On average, equities analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.83 earnings per share for the current year.
Taiwan Semiconductor Manufacturing Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a $1.1136 dividend. This represents a $4.45 dividend on an annualized basis and a yield of 1.1%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend is Wednesday, September 16th. Taiwan Semiconductor Manufacturing’s payout ratio is 21.43%.
Taiwan Semiconductor Manufacturing News Summary Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
Positive Sentiment: TSMC reported record second-quarter results, with revenue growth, strong margins, and raised full-year guidance, reinforcing that AI chip demand remains robust. Positive Sentiment: Several bullish commentaries and analyst notes argue the post-earnings pullback may be a buying opportunity, citing sustained AI-driven growth and expanding leading-edge production. Positive Sentiment: The company said demand for AI chips should stay strong for years, and its expanded Arizona investment underscores confidence in long-term capacity needs and customer demand. Reuters article on AI demand and Arizona investment Positive Sentiment: Coverage citing billionaire investors and “AI capex winners” has kept TSMC in the spotlight as one of the clearest beneficiaries of the AI buildout. Neutral Sentiment: Some articles frame the move as a valuation and positioning reset after a strong run, suggesting part of the recent weakness may reflect profits being taken rather than a change in fundamentals. Seeking Alpha article on what was priced in Negative Sentiment: Investors are worried the extra $100 billion Arizona plan could pressure near-term profit margins, especially with construction labor and infrastructure constraints. Negative Sentiment: Broader semiconductor weakness and bear-market concerns in the sector are also weighing on sentiment, even though TSMC’s own results remain strong. Analysts Set New Price Targets A number of research firms have commented on TSM. Susquehanna upped their price target on Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research report on Thursday. TD Cowen raised their price objective on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the stock a “hold” rating in a research report on Friday. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the stock an “overweight” rating in a research note on Friday. DA Davidson upped their target price on Taiwan Semiconductor Manufacturing from $450.00 to $500.00 and gave the company a “buy” rating in a report on Friday. Finally, Bank of America increased their target price on shares of Taiwan Semiconductor Manufacturing from $490.00 to $590.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $490.00.
Check Out Our Latest Report on TSM
Insider Activity In related news, VP Tzu-Sou Chuang sold 200,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $69.83, for a total value of $13,966,000.00. Following the transaction, the vice president directly owned 2,495,165 shares in the company, valued at $174,237,371.95. This trade represents a 7.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Bor-Zen Tien purchased 1,000 shares of Taiwan Semiconductor Manufacturing stock in a transaction that occurred on Monday, June 29th. The stock was acquired at an average cost of $76.64 per share, with a total value of $76,640.00. Following the transaction, the vice president owned 12,051 shares in the company, valued at $923,588.64. This trade represents a 9.05% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 6,857 shares of company stock worth $512,334 over the last quarter. 1.11% of the stock is currently owned by corporate insiders.
Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.
TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.
Featured Stories Five stocks we like better than Taiwan Semiconductor Manufacturing The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAlTi Global Inc. Takes $888,000 Position in Enterprise Products Partners L.P. $EPD
NEXT HEADLINE »Abbott Laboratories $ABT Shares Sold by AlTi Global Inc.
Amova Asset Management Americas Inc. lowered its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report) by 12.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 312,975 shares of the semiconductor company’s stock after selling 44,653 shares during the quarter. Taiwan Semiconductor Manufacturing makes up about 1.5% of Amova Asset Management Americas Inc.’s investment portfolio, making the stock its 19th largest position. Amova Asset Management Americas Inc.’s holdings in Taiwan Semiconductor Manufacturing were worth $105,782,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in TSM. Quattro Advisors LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new position in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $27,000. Stephens Consulting LLC grew its holdings in Taiwan Semiconductor Manufacturing by 82.0% during the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 41 shares during the period. Strategic Advocates LLC grew its holdings in Taiwan Semiconductor Manufacturing by 62.1% during the 4th quarter. Strategic Advocates LLC now owns 94 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 36 shares during the period. Finally, Ares Financial Consulting LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 16.51% of the company’s stock.
More Taiwan Semiconductor Manufacturing News Here are the key news stories impacting Taiwan Semiconductor Manufacturing this week:
Positive Sentiment: TSMC reported record second-quarter results, with revenue growth, strong margins, and raised full-year guidance, reinforcing that AI chip demand remains robust. Positive Sentiment: Several bullish commentaries and analyst notes argue the post-earnings pullback may be a buying opportunity, citing sustained AI-driven growth and expanding leading-edge production. Positive Sentiment: The company said demand for AI chips should stay strong for years, and its expanded Arizona investment underscores confidence in long-term capacity needs and customer demand. Reuters article on AI demand and Arizona investment Positive Sentiment: Coverage citing billionaire investors and “AI capex winners” has kept TSMC in the spotlight as one of the clearest beneficiaries of the AI buildout. Neutral Sentiment: Some articles frame the move as a valuation and positioning reset after a strong run, suggesting part of the recent weakness may reflect profits being taken rather than a change in fundamentals. Seeking Alpha article on what was priced in Negative Sentiment: Investors are worried the extra $100 billion Arizona plan could pressure near-term profit margins, especially with construction labor and infrastructure constraints. Negative Sentiment: Broader semiconductor weakness and bear-market concerns in the sector are also weighing on sentiment, even though TSMC’s own results remain strong. Insider Buying and Selling at Taiwan Semiconductor Manufacturing In related news, VP Bor-Zen Tien purchased 2,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average price of $69.91 per share, with a total value of $139,820.00. Following the completion of the purchase, the vice president owned 11,051 shares in the company, valued at $772,575.41. This represents a 22.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Tzu-Sou Chuang sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $69.83, for a total transaction of $13,966,000.00. Following the completion of the transaction, the vice president owned 2,495,165 shares of the company’s stock, valued at $174,237,371.95. This trade represents a 7.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have purchased 6,857 shares of company stock valued at $512,334. 1.11% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes A number of research firms have recently weighed in on TSM. Barclays increased their price target on Taiwan Semiconductor Manufacturing from $625.00 to $650.00 and gave the company an “overweight” rating in a research note on Friday. TD Cowen increased their target price on Taiwan Semiconductor Manufacturing from $400.00 to $440.00 and gave the company a “hold” rating in a research note on Friday. Needham & Company LLC raised their target price on Taiwan Semiconductor Manufacturing from $410.00 to $480.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Citigroup restated a “buy” rating on shares of Taiwan Semiconductor Manufacturing in a research report on Monday, July 6th. Finally, Susquehanna increased their price target on shares of Taiwan Semiconductor Manufacturing from $575.00 to $600.00 and gave the company a “positive” rating in a research report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $490.00.
Get Our Latest Report on Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Stock Up 1.0% NYSE:TSM opened at $402.49 on Tuesday. Taiwan Semiconductor Manufacturing Company Ltd. has a 1 year low of $223.70 and a 1 year high of $479.00. The stock has a 50-day moving average price of $426.76 and a two-hundred day moving average price of $379.20. The stock has a market cap of $2.09 trillion, a price-to-earnings ratio of 29.04, a PEG ratio of 0.95 and a beta of 1.36. The company has a current ratio of 2.49, a quick ratio of 2.31 and a debt-to-equity ratio of 0.16.
Taiwan Semiconductor Manufacturing (NYSE:TSM – Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 EPS for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 40.88% and a net margin of 50.31%.The company had revenue of $39.89 billion for the quarter. As a group, equities analysts expect that Taiwan Semiconductor Manufacturing Company Ltd. will post 15.83 earnings per share for the current year.
Taiwan Semiconductor Manufacturing Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $1.1136 per share. This is an increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95. The ex-dividend date is Wednesday, September 16th. This represents a $4.45 annualized dividend and a yield of 1.1%. Taiwan Semiconductor Manufacturing’s dividend payout ratio is 21.43%.
About Taiwan Semiconductor Manufacturing (Free Report)
Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.
TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.
Recommended Stories Five stocks we like better than Taiwan Semiconductor Manufacturing 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 TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM – Free Report).
Receive News & Ratings for Taiwan Semiconductor Manufacturing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taiwan Semiconductor Manufacturing and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAmova Asset Management Americas Inc. Increases Stake in Toast, Inc. $TOST
NEXT HEADLINE »AlTi Global Inc. Acquires New Position in Golub Capital BDC, Inc. $GBDC
) reported Q2 2026 EPS of $4.31 per share, a 74.5% year over year surge. The bottom line surpassed the Zacks Consensus Estimate by 11.4%.Revenues increased 33.7% year over year to $40.2 billion and beat the consensus estimate by 1.4%. Results benefited from strong demand for leading-edge process technologies.
TSMC’s Q2 2026 earnings report and conference call delivered record financial metrics, but sparked an immediate market debate around spending intensity and return on capital.
I'll go over the pivots of that debate, but want to state upfront that I believe the drop to $400 has offered a great opportunity for long-term investors to add TSM shares, as I've been pounding the table for over year in articles like this in January when I said TSM was going from $340 to $500...
Taiwan Semi (TSM - Free Report) : 3 Equations to Launch the Stock
TSM's HPC Mix Strengthens Revenue Base
High-performance computing revenues accounted for 66% of total revenues and increased 20% sequentially, reflecting sustained demand tied to artificial intelligence and data-center computing.
Smartphone revenues declined 4% sequentially and accounted for 22% of total revenues. Automotive revenues increased 15%, while Internet of Things revenues rose 4%. Digital consumer electronics and Other revenues increased 5% each on a sequential basis.
3 Key Pivots for Investors and Analysts
1. Upgraded Revenue & Q3 Guidance
TSMC delivered its reliable beat-and-raise outlook driven by multi-year demand across high-performance computing (HPC) and agentic AI with their full-year 2026 revenue growth forecast raised to above 40% YoY.
Q3 2026 revenue was projected between $44.6 billion and $45.8 billion, representing ~12% sequential growth and ~37% growth YoY at the midpoint.
Q3 gross margin of 65%–67% and operating margin of 56%–58% were also important pivots. The slight sequential margin dip from Q2's record 67.7% is attributed to a 3–4 percentage point dilution as the new 2nm (N2) node rapidly ramps up production.
2. The Capex Surge Surprise
The biggest headline from the call was a massive expansion of TSMC’s capital budget where management raised the full-year 2026 spending to a range of $60 billion – $64 billion (up ~15% from the previous target of $52 billion – $56 billion).
Capital Allocation Breakdown
**70%–80% allocated to advanced process nodes (2nm and 3nm).
**10%–20% directed toward advanced packaging (CoWoS), testing, and mask making to relieve packaging bottlenecks.
**10% for specialty technologies.
Overseas Expansion: TSMC announced a further $100 billion multi-year expansion plan for its Phoenix, Arizona manufacturing hub to support US customer demand and geopolitical diversification, taking their investment in America to $265 billion.
3. Call Reactions: Why TSM dipped 5% under $400
Semiconductors have been in what I call a "valuation reset" for the past month, where the Philly Semi Index, or "SOX", has dropped 20% from its June peak. So that is part of the larger story about TSM's drop from new highs near $480.
So their quarterly report was greatly anticipated as a key indicator about where the industry is headed next. While Wall Street widely acknowledged TSMC’s dominant position in AI hardware, analyst commentary split between long-term bullishness and short-term cost concerns.
Margin Drag & Cost Inflation: Analysts highlighted a "multi-billion dollar margin tax" coming from overseas fab expansion in Arizona and initial 2nm dilution.
Capital Return vs. AI ROI: As investors have debated all year whether hyperscaler demand justifies such a massive CapEx jump, some hedge funds are more cautious about cyclical vs. secular growth and the long-term ROIC (return on invested capital).
Price Hike Expectations: Big houses including Morgan Stanley and Citi noted that tight leading-edge capacity gives TSMC immense pricing power, modeling a 5%–10% price increase on advanced wafers in 2027.
Analysts generally pointed to strong AI-driven wafer demand, full-year revenue guidance increases (to >40% YoY), and TSMC's massive pricing power as key drivers.
Overall, they are treating the higher spending as a proxy for long-term revenue visibility rather than structural cost inefficiency.
Long-Term CapEx Multipliers: Barclays and Susquehanna raised their long-term price targets to $650 and $600, respectively, viewing the higher CapEx as confirmation that big-tech AI infrastructure spending remains durable through 2027–2028 rather than slowing down.
Bottom line on TSMC: I am recommending starting and adding to TSM positions around $400 while you have the chance. They are the toll booth for all of AI in a $5-10 trillion multiyear buildout -- no matter what chip or model wins any of the races to mega-cap survivor status.
AlTi Global Inc. lowered its stake in shares of Abbott Laboratories (NYSE:ABT – Free Report) by 54.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,563 shares of the healthcare product maker’s stock after selling 12,779 shares during the period. AlTi Global Inc.’s holdings in Abbott Laboratories were worth $1,085,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of Abbott Laboratories by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 175,556,716 shares of the healthcare product maker’s stock worth $21,995,501,000 after buying an additional 2,402,408 shares in the last quarter. State Street Corp lifted its stake in Abbott Laboratories by 2.1% in the 4th quarter. State Street Corp now owns 79,853,782 shares of the healthcare product maker’s stock worth $10,004,880,000 after purchasing an additional 1,627,791 shares in the last quarter. Capital International Investors boosted its holdings in shares of Abbott Laboratories by 2.6% during the 4th quarter. Capital International Investors now owns 63,229,445 shares of the healthcare product maker’s stock worth $7,922,519,000 after purchasing an additional 1,614,706 shares during the last quarter. J. Stern & Co. LLP grew its position in shares of Abbott Laboratories by 12,439.6% in the fourth quarter. J. Stern & Co. LLP now owns 39,319,009 shares of the healthcare product maker’s stock valued at $4,926,279,000 after purchasing an additional 39,005,451 shares in the last quarter. Finally, Capital Research Global Investors increased its holdings in shares of Abbott Laboratories by 1.0% in the fourth quarter. Capital Research Global Investors now owns 39,169,239 shares of the healthcare product maker’s stock valued at $4,907,523,000 after purchasing an additional 400,400 shares during the last quarter. 75.18% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of equities analysts have weighed in on the company. Daiwa Securities Group lowered Abbott Laboratories from an “outperform” rating to a “neutral” rating and set a $92.00 price objective on the stock. in a research note on Wednesday, April 22nd. Robert W. Baird started coverage on Abbott Laboratories in a report on Wednesday, July 1st. They set an “outperform” rating and a $121.00 price target on the stock. Weiss Ratings raised shares of Abbott Laboratories from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 7th. Citigroup upped their price objective on shares of Abbott Laboratories from $108.00 to $112.00 and gave the company a “buy” rating in a report on Friday. Finally, Sanford C. Bernstein reduced their target price on shares of Abbott Laboratories from $125.00 to $110.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $118.61.
Read Our Latest Report on Abbott Laboratories
Insiders Place Their Bets In other news, Director Daniel J. Starks bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were purchased at an average price of $92.65 per share, with a total value of $926,500.00. Following the purchase, the director owned 6,751,103 shares in the company, valued at approximately $625,489,692.95. The trade was a 0.15% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Philip P. Boudreau bought 2,200 shares of the company’s stock in a transaction on Thursday, April 23rd. The stock was purchased at an average cost of $91.50 per share, with a total value of $201,300.00. Following the completion of the transaction, the chief financial officer owned 2,200 shares in the company, valued at $201,300. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.46% of the stock is owned by corporate insiders.
Abbott Laboratories Stock Up 1.0% Shares of ABT opened at $101.72 on Tuesday. The company’s 50-day moving average price is $90.28 and its 200 day moving average price is $101.84. Abbott Laboratories has a 12-month low of $81.97 and a 12-month high of $137.49. The company has a current ratio of 1.39, a quick ratio of 1.01 and a debt-to-equity ratio of 0.56. The firm has a market cap of $177.18 billion, a P/E ratio of 32.92, a price-to-earnings-growth ratio of 1.73 and a beta of 0.61.
Abbott Laboratories (NYSE:ABT – Get Free Report) last announced its earnings results on Thursday, July 16th. The healthcare product maker reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.03. The company had revenue of $12.51 billion during the quarter, compared to analyst estimates of $12.52 billion. Abbott Laboratories had a net margin of 11.65% and a return on equity of 17.65%. Abbott Laboratories’s revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. Abbott Laboratories has set its Q3 2026 guidance at 1.380-1.46 EPS and its FY 2026 guidance at 5.450-5.60 EPS. On average, sell-side analysts forecast that Abbott Laboratories will post 5.48 earnings per share for the current year.
Abbott Laboratories Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Wednesday, July 15th will be given a $0.63 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $2.52 dividend on an annualized basis and a yield of 2.5%. Abbott Laboratories’s payout ratio is presently 81.55%.
Abbott Laboratories Profile (Free Report)
Abbott Laboratories is a global healthcare company headquartered in Abbott Park, Illinois, that develops, manufactures and markets a broad portfolio of medical products and services. Founded in 1888, Abbott operates through multiple business areas that focus on diagnostics, medical devices, nutritionals and established pharmaceuticals. The company supplies hospitals, clinics, laboratories, retailers and direct-to-consumer channels with products intended to diagnose, treat and manage a wide range of health conditions.
In diagnostics, Abbott provides laboratory and point-of-care testing platforms and assays used to detect infectious diseases, chronic conditions and biomarkers; its Alinity family of instruments and rapid-test solutions are examples of this capability.
Featured Articles Five stocks we like better than Abbott Laboratories 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 ABT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Abbott Laboratories (NYSE:ABT – Free Report).
Receive News & Ratings for Abbott Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abbott Laboratories and related companies with MarketBeat.com's FREE daily email newsletter.
Andra AP fonden raised its holdings in shares of Thermo Fisher Scientific Inc. (NYSE:TMO – Free Report) by 1,411.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 57,814 shares of the medical research company’s stock after acquiring an additional 53,990 shares during the quarter. Andra AP fonden’s holdings in Thermo Fisher Scientific were worth $28,417,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in the business. Legacy Wealth Managment LLC ID increased its holdings in Thermo Fisher Scientific by 78.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 50 shares of the medical research company’s stock worth $25,000 after buying an additional 22 shares during the last quarter. High Note Wealth LLC lifted its stake in Thermo Fisher Scientific by 170.6% in the fourth quarter. High Note Wealth LLC now owns 46 shares of the medical research company’s stock valued at $27,000 after acquiring an additional 29 shares during the last quarter. Swiss RE Ltd. bought a new position in shares of Thermo Fisher Scientific in the 4th quarter valued at about $28,000. JPL Wealth Management LLC acquired a new position in shares of Thermo Fisher Scientific during the 3rd quarter worth about $28,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of Thermo Fisher Scientific in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 89.23% of the company’s stock.
Wall Street Analyst Weigh In TMO has been the topic of several research analyst reports. KeyCorp restated an “overweight” rating on shares of Thermo Fisher Scientific in a research note on Tuesday, May 26th. Evercore set a $570.00 target price on Thermo Fisher Scientific in a report on Monday, July 6th. Morgan Stanley reaffirmed an “overweight” rating and set a $620.00 price target on shares of Thermo Fisher Scientific in a report on Monday, April 27th. Wells Fargo & Company reduced their price objective on shares of Thermo Fisher Scientific from $675.00 to $615.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Finally, Wolfe Research assumed coverage on shares of Thermo Fisher Scientific in a research report on Tuesday, June 2nd. They issued an “outperform” rating and a $535.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $602.14.
Get Our Latest Analysis on Thermo Fisher Scientific
Thermo Fisher Scientific Stock Down 1.2% TMO stock opened at $526.04 on Tuesday. Thermo Fisher Scientific Inc. has a fifty-two week low of $403.36 and a fifty-two week high of $643.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.53 and a quick ratio of 1.15. The stock has a market capitalization of $195.49 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 2.36 and a beta of 0.87. The business’s fifty day moving average price is $486.05 and its two-hundred day moving average price is $513.98.
Thermo Fisher Scientific (NYSE:TMO – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The medical research company reported $5.44 EPS for the quarter, beating the consensus estimate of $5.25 by $0.19. Thermo Fisher Scientific had a net margin of 15.15% and a return on equity of 16.86%. The business had revenue of $11.01 billion for the quarter, compared to the consensus estimate of $10.86 billion. During the same period in the prior year, the company posted $5.15 earnings per share. Thermo Fisher Scientific’s revenue was up 6.2% compared to the same quarter last year. Thermo Fisher Scientific has set its FY 2026 guidance at 24.640-25.120 EPS. On average, equities analysts anticipate that Thermo Fisher Scientific Inc. will post 24.84 earnings per share for the current year.
Thermo Fisher Scientific Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Tuesday, September 15th. Thermo Fisher Scientific’s dividend payout ratio (DPR) is 10.34%.
Insiders Place Their Bets In other news, COO Gianluca Pettiti sold 400 shares of the company’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $462.66, for a total transaction of $185,064.00. Following the completion of the sale, the chief operating officer directly owned 25,051 shares in the company, valued at approximately $11,590,095.66. This represents a 1.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.33% of the stock is owned by corporate insiders.
Thermo Fisher Scientific Company Profile (Free Report)
Thermo Fisher Scientific (NYSE: TMO) is a global provider of scientific instrumentation, reagents and consumables, software, and services that support research, clinical, and industrial laboratories. The company supplies analytical instruments and laboratory equipment, life sciences reagents and kits, specialty diagnostics, and a broad range of consumables used by researchers, clinicians, and manufacturers. Its offerings also include laboratory information management and data-analysis software, as well as service solutions such as instrument maintenance, validation, and logistics that help customers run complex workflows efficiently.
Thermo Fisher operates through multiple business areas that broadly cover life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services, including contract development and manufacturing for pharmaceutical and biotechnology companies.
Further Reading Five stocks we like better than Thermo Fisher Scientific 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 TMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Thermo Fisher Scientific Inc. (NYSE:TMO – Free Report).
Receive News & Ratings for Thermo Fisher Scientific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thermo Fisher Scientific and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Sells 130,514 Shares of Texas Instruments Incorporated $TXN
NEXT HEADLINE »Andra AP fonden Trims Stock Holdings in Medtronic PLC $MDT
, /PRNewswire/ -- Danaher Corporation (NYSE: DHR) today announced results for the second quarter 2026. All results in this release reflect only continuing operations and period-to-period comparisons are year-over-year unless otherwise noted.
Key Second Quarter 2026 Results
Net earnings were $870 million, or $1.23 per diluted common share, up 60% year-over-year. Non-GAAP adjusted diluted net earnings per common share grew 8.0% to $1.94. Revenues increased 5.5% year-over-year to $6.3 billion. Non-GAAP core revenue increased 3.0% year-over-year and non-GAAP core revenue excluding respiratory testing revenue increased 4.5% year-over-year. Operating cash flow was $1.5 billion and non-GAAP free cash flow was $1.3 billion. Strong Q2 earnings performance and earlier-than-anticipated completion of Masimo acquisition enabling increased full year 2026 adjusted diluted net earnings per common share guidance. Rainer M. Blair, President and Chief Executive Officer, stated, "We delivered a better than expected second quarter, with core growth improving versus the first quarter and disciplined execution driving high-single-digits adjusted EPS growth. Our Life Sciences businesses delivered their strongest quarter in several years and while customer project timing impacted bioprocessing revenue, underlying order trends remained strong and bioprocessing orders grew mid-teens in the quarter."
Mr. Blair continued, "Looking ahead, continued end-market recovery and traction from our recent growth initiatives support our expectation to exit 2026 at a mid-single-digit core revenue growth rate. Longer term, Danaher's leading portfolio, capital deployment optionality and talented team — all powered by the Danaher Business System — position us to accelerate the impact of science and technology, help customers move from discovery to delivery faster, and create sustainable long-term shareholder value."
Third Quarter and Full Year 2026 Outlook
Danaher Corporation (the "Company") does not reconcile non-GAAP forecasted core sales growth, adjusted operating profit margin and adjusted diluted net earnings per common share to their respective, comparable measure prepared in accordance with U.S. generally accepted accounting principles (GAAP) because (except for estimated amortization of acquisition-related intangible assets of $0.5 billion for the third quarter and $1.9 billion for the year ending December 31, 2026 and the estimated impact of foreign currency on sales, which is estimated to decrease sales by 1.0% in the third quarter and increase sales by 0.5% in the full year, assuming the currency exchange rates in effect as of June 26, 2026) the additional elements that would be reflected in any such GAAP measures (such as the impact of currency exchange rates on profitability, future acquisitions, divested product lines, discrete tax adjustments, impairments, gains and losses on investments and the outcome of legal proceedings) are difficult to predict and estimate and are often dependent on future events that may be uncertain or outside of our control. The impact of these additional elements could be material to our results computed in accordance with GAAP.
For the third quarter 2026, the Company anticipates that non-GAAP core revenue will increase in the 2.0% to 3.0% range year-over-year.
For full year 2026, the Company expects non-GAAP core revenue will increase in the 3.0% to 4.0% range year-over-year. The Company is also increasing its full year adjusted diluted net earnings per common share guidance to a range of $8.45 to $8.60 versus previous guidance of $8.35 to $8.55.
Conference Call and Webcast Information
Danaher will discuss its second quarter results and financial guidance for the third quarter and full year 2026, including as applicable key assumptions with respect thereto, during its investor conference call today starting at 8:00 a.m. ET. The call and an accompanying slide presentation will be webcast on the "Investors" section of Danaher's website, www.danaher.com, under the subheading "Events & Presentations." A replay of the webcast will be available in the same section of Danaher's website shortly after the conclusion of the presentation and will remain available until the next quarterly earnings call.
The conference call can be accessed by dialing 833-419-0865, within the U.S. or +1 785-838-9333 outside the U.S. a few minutes before 8:00 a.m. ET and notifying the operator that you are dialing in for Danaher's earnings conference call (Conference ID: DHRQ226). A replay of the conference call will be available shortly after the conclusion of the call and until August 4, 2026. You can access the replay dial-in information on the "Investors" section of Danaher's website under the subheading "Events & Presentations."
ABOUT DANAHER
Danaher is a leading global life sciences and diagnostics innovator, committed to accelerating the power of science and technology to improve human health. Through our connected ecosystem of industry-leading businesses, we work side by side with customers to solve their most complex scientific and clinical challenges—helping move innovations from discovery to delivery faster for patients who depend on them.
Powered by the Danaher Business System, our advanced science and technology and proven ability to innovate help enable faster, more accurate diagnoses and reduce the time, cost, and risk required to discover, develop, and deliver life-changing therapies. Through continuous improvement and operational excellence, our approximately 60,000 associates worldwide are focused on delivering lasting impact and improving quality of life around the world, while building a healthier, more sustainable tomorrow. Explore more at www.danaher.com.
NON-GAAP MEASURES AND SUPPLEMENTAL MATERIALS
In addition to the financial measures prepared in accordance with GAAP, this earnings release also contains non-GAAP financial measures. Calculations of these measures, explanations of what these measures represent and the reasons why we believe these measures provide useful information to investors, a reconciliation of these measures to the most directly comparable GAAP measures, where applicable, and other information relating to these non-GAAP measures are included in the supplemental reconciliation schedule attached.
In addition, this earnings release, the slide presentation accompanying the related earnings call, non-GAAP reconciliations and a note containing details of historical and anticipated, future financial performance have been posted to the "Investors" section of Danaher's website (www.danaher.com).
FORWARD-LOOKING STATEMENTS AND OTHER INFORMATION
Statements in this release that are not strictly historical, including the statements regarding the Company's anticipated financial results for the third quarter and full year 2026, the Company's expectations regarding growth and market recovery, the Company's positioning to create long-term shareholder value, and any other statements regarding events or developments that we believe or anticipate will or may occur in the future are "forward-looking" statements within the meaning of the federal securities laws. There are a number of important factors that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include, among other things: the impact of the tariffs and related actions implemented by the U.S. and other countries, the impact of our debt obligations (including debt we incurred to finance the acquisition of Masimo Corporation) on our operations and liquidity, deterioration of or instability in the global economy, the markets we serve and the financial markets, uncertainties with respect to the development, deployment, and use of artificial intelligence in our business and products, the impact of global health crises, uncertainties relating to national laws or policies, including laws or policies to protect or promote domestic interests and/or address foreign competition, our ability to successfully identify and consummate appropriate acquisitions and strategic investments, our ability to integrate the businesses we acquire and achieve the anticipated growth, synergies and other benefits of such acquisitions, contingent liabilities and other risks relating to acquisitions, investments, strategic relationships and divestitures (in each case, including with respect to our acquisition of Masimo Corporation), including tax-related and other contingent liabilities relating to past and future IPOs, split-offs or spin-offs, contractions or growth rates and cyclicality of markets we serve, competition, our ability to develop and successfully market new products and technologies and expand into new markets, the potential for improper conduct by our employees, agents or business partners, our compliance with applicable laws and regulations (including rules relating to off-label marketing and other regulations relating to medical devices and the health care industry), the results of our clinical trials and perceptions thereof, our ability to effectively address cost reductions and other changes in the health care industry, security breaches or other disruptions of our information technology systems or violations of data privacy laws, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, changes in tax laws applicable to multinational companies, litigation, regulatory proceedings and other contingent liabilities including intellectual property and environmental, health and safety matters, the rights of the United States government with respect to our production capacity in times of national emergency or with respect to intellectual property/production capacity developed using government funding, risks relating to product, service or software defects, product liability and recalls, risks relating to our manufacturing operations, the impact of climate change, legal or regulatory measures to address climate change and other sustainability topics and our ability to address regulatory requirements or stakeholder expectations relating to climate change and other sustainability topics, risks relating to fluctuations in the cost and availability of the supplies we use (including commodities) and labor we need for our operations, our relationships with and the performance of our channel partners, uncertainties relating to collaboration arrangements with third-parties, the impact of deregulation on demand for our products and services, labor matters and our ability to recruit, retain and motivate talented employees, U.S. and non-U.S. economic, political, geopolitical, legal, compliance, social and business factors (including the impact of elections, regulatory and policy changes or uncertainty, government shutdowns and military conflicts such as the conflict in the Middle East), disruptions and other impacts relating to man-made and natural disasters, inflation and the impact of our By-law exclusive forum provisions. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our 2025 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the second quarter of 2026. These forward-looking statements speak only as of the date of this release and except to the extent required by applicable law, the Company does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.
This press release may include descriptions of certain products and/or devices that have applications submitted and pending for certain regulatory approvals, or are available only in certain markets.
DANAHER CORPORATION AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS
($ and shares in millions, except per share amounts)
(unaudited)
Three-Month Period Ended
Six-Month Period Ended
June 26, 2026
June 27, 2025
June 26, 2026
June 27, 2025
Sales
$ 6,265
$ 5,936
$ 12,216
$ 11,677
Cost of sales
(2,654)
(2,413)
(5,014)
(4,643)
Gross profit
3,611
3,523
7,202
7,034
Operating costs:
Selling, general and administrative expenses
(2,072)
(2,360)
(3,932)
(4,218)
Research and development expenses
(412)
(403)
(799)
(782)
Operating profit
1,127
760
2,471
2,034
Nonoperating income (expense):
Other income (expense), net
(3)
(42)
(76)
(121)
Interest expense
(107)
(71)
(170)
(143)
Interest income
61
8
88
14
Earnings before income taxes
1,078
655
2,313
1,784
Income taxes
(208)
(100)
(414)
(275)
Net earnings
$ 870
$ 555
$ 1,899
$ 1,509
Net earnings per common share:
Basic
$ 1.23
$ 0.77
$ 2.69
(a)
$ 2.11
(a)
Diluted
$ 1.23
$ 0.77
$ 2.68
$ 2.10
(a)
Average common stock and common
equivalent shares outstanding:
Basic
705.3
716.5
706.6
716.4
Diluted
707.6
719.1
709.4
719.9
(a) Net earnings per common share amounts for the relevant three-month periods do not add to the six-month period amount due to rounding.
This information is presented for reference only. A complete copy of Danaher's Form 10-Q financial statements is available on the Company's website (www.danaher.com).
Diluted Net Earnings Per Common Share and Adjusted Diluted Net Earnings Per Common Share
Three-Month Period Ended
Six-Month Period Ended
June 26, 2026
June 27, 2025
June 26, 2026
June 27, 2025
Diluted Net Earnings Per Common Share
(GAAP)
$ 1.23
$ 0.77
$ 2.68
$ 2.10
Amortization of acquisition-related
intangible assets A
0.65
0.59
1.26
1.16
Fair value net (gains) losses on
investments B
0.01
0.06
0.12
0.19
Acquisition-related items C
0.15
—
0.18
—
Impairments D
—
0.60
—
0.62
Gain on a product line disposition E
—
—
—
(0.01)
Tax effect of the above adjustments F
(0.13)
(0.26)
(0.27)
(0.39)
Discrete tax adjustments G
0.03
0.03
0.03
0.02
Rounding
—
0.01
—
(0.01)
Adjusted Diluted Net Earnings Per
Common Share (Non-GAAP)
$ 1.94
$ 1.80
$ 4.00
$ 3.68
Notes to Reconciliation of GAAP to Non-GAAP Financial Measures
A
Amortization of acquisition-related intangible assets in the following historical periods ($ in millions) (only the pretax amounts set forth below are reflected in the amortization line item above):
Three-Month Period Ended
Six-Month Period Ended
June 26, 2026
June 27, 2025
June 26, 2026
June 27, 2025
Pretax
$ 463
$ 426
$ 897
$ 836
After-tax
384
354
744
694
B
Net (gains) losses on the Company's equity and limited partnership investments recorded in the following historical periods ($ in millions) (only the pretax amounts set forth below are reflected in the fair value net (gains) losses on investments line above):
Three-Month Period Ended
Six-Month Period Ended
June 26, 2026
June 27, 2025
June 26, 2026
June 27, 2025
Pretax
$ 7
$ 44
$ 84
$ 134
After-tax
5
33
64
101
C
Fair value adjustments to inventory, transaction costs deemed significant and pre-acquisition share-based and change-in-control payments, in each case related to the acquisition of Masimo Corporation ("Masimo") in the three and six-month periods ended June 26, 2026 ($108 million and $125 million pretax as reported in this line item, $95 million and $110 million after-tax). The Company deems acquisition-related transaction costs incurred in a given period to be significant (generally relating to the Company's larger acquisitions) if it determines that such costs exceed the range of acquisition-related transaction costs typical for Danaher in a given period.
D
Impairment charges related to a trade name in the Life Sciences segment recorded in the three and six-month periods ended June 27, 2025 ($432 million pretax as reported in this line item, $328 million after-tax) and a facility in the Biotechnology segment recorded in the six-month period ended June 27, 2025 ($15 million pretax as reported in this line item, $11 million after-tax).
E
Gain on a product line disposition in the six-month period ended June 27, 2025 ($9 million pretax as reported in this line item, $7 million after-tax).
F
This line item reflects the aggregate tax effect of all nontax adjustments reflected in the preceding line items of the table. In addition, the footnotes above indicate the after-tax amount of each individual adjustment item. Danaher estimates the tax effect of each adjustment item by applying Danaher's overall estimated effective tax rate to the pretax amount, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment.
G
Discrete tax adjustments and other tax-related adjustments for both the three and six-month periods ended June 26, 2026, include the impact of net discrete tax charges of $21 million related primarily to changes in estimates associated with prior period uncertain tax positions, partially offset by benefits from the release of reserves for uncertain tax positions resulting from audit settlements and the expiration of statutes of limitations during the six-month period. Discrete tax adjustments and other tax-related adjustments for the three-month period ended June 27, 2025, include the impact of net discrete tax charges of $22 million related primarily to changes in uncertain tax positions and other items. Discrete tax adjustments and other tax-related adjustments for the six-month period ended June 27, 2025, include the impact of net discrete tax charges of $12 million related primarily to the release of reserves for uncertain tax positions due to the expiration of statutes of limitations, partially offset by changes in uncertain tax positions and other items.
Sales Growth by Segment, Core Sales Growth (Decline) by Segment and Core Sales Growth Excluding Respiratory Testing
% Change Three-Month Period Ended June 26, 2026 vs. Comparable 2025 Period
Note: Beginning with the Company's Quarterly Report on Form 10-Q for the second quarter of 2026, in addition to disclosing core sales growth, the Company is disclosing a new non-GAAP measure, titled "Core sales growth excluding respiratory testing." This new measure adjusts core sales to exclude revenues related to the sale of respiratory testing products in the Company's molecular diagnostics business in the Diagnostics segment. Demand for respiratory testing depends significantly on the severity levels of influenza and influenza-like illness in a given period, and these severity levels are not under management's control. As a result, presenting core sales on a basis that combines respiratory testing revenue with other Diagnostics business revenues can obscure underlying growth trends within the Diagnostics businesses. The Company believes that presenting this additional measure will complement core sales, enhance investors' understanding of the historical and anticipated performance of the Diagnostics businesses and Danaher as a whole, including with respect to underlying growth trends, and facilitate comparisons of period-to-period performance. In addition, beginning with the Company's Quarterly Report on Form 10-Q for the third quarter of 2026, the Company intends to exclude from the core sales measures the impact, if any, of tariff refunds (related to tariff payments made in prior periods) that are returned, or expected to be returned, to customers. The Company believes this adjustment will help investors better understand underlying growth trends in the Company's business that otherwise may be obscured by the above-noted tariff-related impacts.
Non-GAAP Forward-Looking Information
% Change Three-
Month Period Ending
September 25, 2026
vs. Comparable 2025
Period
% Change Three-
Month Period Ending
December 31, 2026
vs. Comparable 2025
Period
% Change Year
Ending December 31,
2026 vs. Comparable
2025 Period
Adjusted diluted net earnings per common share (non-GAAP)
$8.45 - $8.60
Other Forward-Looking Information
Three-Month Period
Ending
September 25, 2026
Year Ending
December 31, 2026
Impact of currency exchange rates on sales H
~(1.0)%
~+0.5%
Amortization of acquisition-related intangible assets ($ in millions)
~$(500)
~$(1,900)
Corporate expense I ($ in millions)
~$(90)
~$(360)
Interest expense, net J ($ in millions)
~$(115)
~$(310)
Effective tax rate
~17.0 %
~17.0 %
Average adjusted diluted shares (in millions)
~707
~709
H
Impact of currency exchange rates on sales for the second quarter and full year 2026 assumes the currency exchange rates in effect as of June 26, 2026.
I
Corporate expense represents the operating profit (GAAP) for the Other segment, which consists of unallocated corporate costs and other costs not considered part of management's evaluation of reportable segment operating performance.
J
Interest expense, net is defined as interest expense net of interest income. This line item is an assumption rather than a forecast. The estimated interest expense, net is calculated assuming the currency exchange rates in effect as of June 26, 2026 are to prevail throughout the remainder of the period indicated and no change in the amount of commercial paper outstanding.
Pending SLMP LLC "StatLab" Acquisition
Earlier this month, Leica Biosystems, our anatomic pathology business, announced their intention to acquire StatLab, a leading manufacturer of products across the core histology workflow, from specimen collection through slide staining. The business has >85% recurring revenue and is complementary to Leica Biosystems' existing oncology instrument portfolio.
Below is some information on StatLab:
StatLab generated ~$250M in revenue for the full year 2025 The Company expects StatLab to have +high-single digit core sales growth over the long term The Company expects StatLab to be accretive to Adjusted diluted net earnings per common share (non-GAAP) in the 1st full year of ownership The Company expects to close this acquisition by the end of 2026, subject to customary closing conditions and regulatory approvals Historical Sales (Decline) Growth, Core Sales Growth and Core Sales Growth Excluding Respiratory Testing
% Change Three-Month Period Ended vs. Comparable 2024 Period
% Change Year
Ended
December 31,
2025 vs.
Comparable
2024 Period
% Change
Three-Month
Period Ended
March 27, 2026
vs. Comparable
2025 Period
Note: For the impact of respiratory testing, a positive amount represents a year-over-year headwind to core sales growth, and a negative amount represents a year-over-year tailwind to core sales growth.
Historical and Forward-Looking Respiratory Testing Sales
($ in millions)
Three-Month Period Ended
Year
Ended
December
31, 2025 K
Three-Month Period
Ended
Three-Month Period
Ending
Year
Ending
December
31, 2026 K
March 28,
2025
June 27,
2025
September
26, 2025
December
31, 2025
March 27,
2026
June 26,
2026
September
25, 2026
December
31, 2026
Respiratory
testing
sales L
~$650
~$300
~$500
~$500
~$1,900
~$500
~$250
~$325
~$500
~$1,600
K
Respiratory testing sales amounts for the relevant three-month periods may not add to the year-to-date period amount due to rounding.
L
Actual respiratory testing sales are rounded to the nearest $50 million.
Cash Flow and Free Cash Flow
($ in millions)
Three-Month Period Ended
Year-over-
Year Change
Six-Month Period Ended
Year-over-
Year Change
June 26, 2026
June 27, 2025
June 26, 2026
June 27, 2025
Total Cash Flow:
Net cash provided by
operating activities
(GAAP)
$ 1,534
$ 1,338
$ 2,856
$ 2,637
Total cash used in
investing activities
(GAAP)
$ (10,147)
$ (258)
$ (10,396)
$ (500)
Total cash provided by
(used in) financing
activities (GAAP)
$ 7,273
$ (247)
$ 7,319
$ (1,502)
Free Cash Flow:
Net cash provided by
operating activities
(GAAP)
$ 1,534
$ 1,338
~ 14.5 %
$ 2,856
$ 2,637
~ 8.5 %
Less: payments for
additions to property, plant
& equipment (capital
expenditures) (GAAP)
(269)
(248)
(506)
(493)
Plus: proceeds from sales
of property, plant &
equipment (capital
disposals) (GAAP)
—
4
—
10
Free cash flow (non-
GAAP)
$ 1,265
$ 1,094
~ 15.5 %
$ 2,350
$ 2,154
~ 9.0 %
Operating Cash Flow to
Net Earnings
Conversion Ratio:
Net cash provided by
operating activities
(GAAP)
$ 1,534
$ 1,338
$ 2,856
$ 2,637
Net earnings (GAAP)
870
555
1,899
1,509
Operating cash flow to net
earnings conversion ratio
(GAAP)
1.76
2.41
1.50
1.75
Free Cash Flow to Net
Earnings Conversion
Ratio:
Free cash flow from
above (non-GAAP)
$ 1,265
$ 1,094
$ 2,350
$ 2,154
Net earnings (GAAP)
870
555
1,899
1,509
Free cash flow to net
earnings conversion ratio
(non-GAAP)
1.45
1.97
1.24
1.43
We define free cash flow as operating cash flows, less payments for additions to property, plant and equipment ("capital expenditures") plus the proceeds from sales of plant, property and equipment ("capital disposals").
Statement Regarding Non-GAAP Measures
Each of the non-GAAP measures set forth above should be considered in addition to, and not as a replacement for or superior to, the comparable GAAP measure, and may not be comparable to similarly titled measures reported by other companies. Management believes that these measures provide useful information to investors by offering additional ways of viewing Danaher Corporation's ("Danaher" or the "Company") results that, when reconciled to the corresponding GAAP measure, help our investors:
with respect to the profitability-related non-GAAP measures, understand the long-term profitability trends of our business and compare our profitability to prior and future periods and to our peers; with respect to the non-GAAP measures related to core sales, identify underlying growth trends in our business and compare our sales performance with prior and future periods and to our peers; and with respect to free cash flow (the "FCF Measure"), understand Danaher's ability to generate cash without external financings, strengthen its balance sheet, invest in its business and grow its business through acquisitions and other strategic opportunities (although a limitation of free cash flow is that it does not take into account the Company's debt service requirements and other non-discretionary expenditures, and as a result the entire free cash flow amount is not necessarily available for discretionary expenditures). Management uses the non-GAAP measures referenced above to measure the Company's operating and financial performance, and uses core sales and non-GAAP measures similar to Adjusted Diluted Net Earnings Per Common Share, Adjusted Operating Profit and the FCF Measure in the Company's executive compensation program.
The items excluded from the non-GAAP measures set forth above have been excluded for the following reasons:
With respect to the profitability-related non-GAAP measures: Amortization of Intangible Assets: We exclude the amortization of acquisition-related intangible assets because the amount and timing of such charges are significantly impacted by the timing, size, number and nature of the acquisitions we consummate. While we have a history of significant acquisition activity we do not acquire businesses on a predictable cycle, and the amount of an acquisition's purchase price allocated to intangible assets and the related amortization term are unique to each acquisition and can vary significantly from acquisition to acquisition. Exclusion of this amortization expense facilitates more consistent comparisons of operating results over time between our newly acquired and long-held businesses, and with both acquisitive and non-acquisitive peer companies. We believe however that it is important for investors to understand that such intangible assets contribute to sales generation and that intangible asset amortization related to past acquisitions will recur in future periods until such intangible assets have been fully amortized. Restructuring Charges: We exclude costs incurred pursuant to discrete restructuring plans that are fundamentally different (in terms of the size, strategic nature and planning requirements, as well as the inconsistent frequency, of such plans) from the ongoing productivity improvements that result from application of the Danaher Business System. Because these restructuring plans are incremental to the core activities that arise in the ordinary course of our business and we believe are not indicative of Danaher's ongoing operating costs in a given period, we exclude these costs to facilitate a more consistent comparison of operating results over time. Other Adjustments: With respect to the other items excluded from the profitability-related non-GAAP measures, we exclude these items because they are of a nature and/or size that occur with inconsistent frequency, occur for reasons that may be unrelated to Danaher's commercial performance during the period and/or we believe that such items may obscure underlying business trends and make comparisons of long-term performance difficult. With respect to core sales, (1) we exclude the impact of currency translation because it is not under management's control, is subject to volatility and can obscure underlying business trends, and (2) we exclude the effect of acquisitions and divested product lines because the timing, size, number and nature of such transactions can vary significantly from period-to-period and between us and our peers, which we believe may obscure underlying business trends and make comparisons of long-term performance difficult. Please see "Sales Growth by Segment, Core Sales Growth (Decline) by Segment and Core Sales Growth Excluding Respiratory Testing" above for an explanation on why we exclude respiratory testing revenues from the non-GAAP measure "Core sales excluding respiratory testing". In addition, beginning with the Company's Quarterly Report on Form 10-Q in the third quarter of 2026, the Company intends to exclude from core sales the impact of tariff refunds related to prior period tariffs that are returned, or expected to be returned, if any, to customers as the Company believes these amounts may obscure underlying business trends. With respect to the FCF Measure, we deduct payments for additions to property, plant and equipment (net of the proceeds from capital disposals) to demonstrate the amount of operating cash flow for the period that remains after accounting for the Company's capital expenditure requirements. SOURCE Danaher Corporation
Andra AP fonden lowered its stake in Medtronic PLC (NYSE:MDT – Free Report) by 3.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 253,329 shares of the medical technology company’s stock after selling 10,400 shares during the quarter. Andra AP fonden’s holdings in Medtronic were worth $21,951,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in MDT. Madison Asset Management LLC lifted its stake in Medtronic by 25.0% during the 1st quarter. Madison Asset Management LLC now owns 244,000 shares of the medical technology company’s stock worth $21,143,000 after acquiring an additional 48,784 shares in the last quarter. Convergence Investment Partners LLC grew its position in Medtronic by 82.8% in the 1st quarter. Convergence Investment Partners LLC now owns 46,789 shares of the medical technology company’s stock valued at $4,054,000 after acquiring an additional 21,196 shares in the last quarter. Commerzbank Aktiengesellschaft FI increased its stake in Medtronic by 9.0% during the first quarter. Commerzbank Aktiengesellschaft FI now owns 46,929 shares of the medical technology company’s stock worth $4,066,000 after purchasing an additional 3,879 shares during the period. Florida Financial Advisors LLC lifted its position in shares of Medtronic by 16.2% during the first quarter. Florida Financial Advisors LLC now owns 3,328 shares of the medical technology company’s stock worth $288,000 after purchasing an additional 465 shares in the last quarter. Finally, Leith Wheeler Investment Counsel Ltd. boosted its stake in shares of Medtronic by 1.4% in the first quarter. Leith Wheeler Investment Counsel Ltd. now owns 323,384 shares of the medical technology company’s stock valued at $28,021,000 after purchasing an additional 4,540 shares during the period. 82.06% of the stock is currently owned by institutional investors and hedge funds.
Medtronic Stock Up 0.1% Medtronic stock opened at $83.29 on Tuesday. Medtronic PLC has a 1-year low of $73.31 and a 1-year high of $106.33. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.13 and a quick ratio of 1.62. The stock has a market cap of $106.61 billion, a PE ratio of 22.33, a P/E/G ratio of 2.23 and a beta of 0.56. The stock’s fifty day moving average is $79.68 and its two-hundred day moving average is $87.84.
Medtronic (NYSE:MDT – Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The medical technology company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.01. Medtronic had a return on equity of 14.51% and a net margin of 13.20%.The company had revenue of $9.81 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the previous year, the business earned $1.62 EPS. Medtronic’s revenue for the quarter was up 9.9% on a year-over-year basis. Medtronic has set its FY 2027 guidance at 5.900-6.000 EPS. On average, sell-side analysts expect that Medtronic PLC will post 5.94 EPS for the current fiscal year.
Medtronic Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Friday, June 26th were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, June 26th. This is a positive change from Medtronic’s previous quarterly dividend of $0.71. Medtronic’s dividend payout ratio (DPR) is currently 77.21%.
Insider Activity In related news, EVP Harry Skip Kiil sold 4,189 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $80.44, for a total value of $336,963.16. Following the transaction, the executive vice president directly owned 37,227 shares of the company’s stock, valued at $2,994,539.88. This trade represents a 10.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.26% of the company’s stock.
Wall Street Analyst Weigh In Several brokerages recently weighed in on MDT. Barclays upped their target price on shares of Medtronic from $118.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 1st. Royal Bank Of Canada restated an “outperform” rating and issued a $118.00 price target on shares of Medtronic in a research note on Thursday, June 4th. Argus cut their price objective on Medtronic from $125.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. The Goldman Sachs Group reduced their price objective on Medtronic from $84.00 to $83.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $85.00 target price on shares of Medtronic in a report on Tuesday, June 16th. Seventeen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Medtronic has a consensus rating of “Moderate Buy” and a consensus target price of $98.21.
Read Our Latest Research Report on Medtronic
Medtronic Company Profile (Free Report)
Medtronic plc is a global medical technology company that develops and manufactures a broad range of therapeutic devices and health care solutions. Headquartered legally in Ireland with principal operational offices in the United States, the company markets products to hospitals, physicians and health systems worldwide and has grown from its founding in 1949 into one of the largest medical-device manufacturers serving global health-care markets.
Medtronic’s offerings span several clinical areas, including cardiac rhythm and heart failure (pacemakers, implantable cardioverter‑defibrillators and related cardiac therapies), minimally invasive and surgical technologies (laparoscopic and advanced energy devices, visualization systems and surgical innovations), restorative therapies (spine and orthopedics, neuromodulation and neurovascular treatments) and diabetes management (insulin-delivery systems and glucose monitoring solutions).
See Also Five stocks we like better than Medtronic 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 MDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medtronic PLC (NYSE:MDT – Free Report).
Receive News & Ratings for Medtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medtronic and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Purchases 53,990 Shares of Thermo Fisher Scientific Inc. $TMO
NEXT HEADLINE »Andra AP fonden Has $24.38 Million Holdings in Incyte Corporation $INCY
Advanced compute power, built on NVIDIA infrastructure, enables real-time decision support during the procedure
FDA-cleared Instrument Exit Point (IEP), the first real-time AI application for robotic procedures from Medtronic, advances a precise, predictable, and personalized future for surgery
, /PRNewswire/ -- Medtronic (NYSE: MDT), a global leader in healthcare technology, is presenting an early look at its next-generation compute platform for the operating room. Touch Surgery™ Aide — an AI-native surgical computing platform that powers the Touch Surgery™ ecosystem — enables real-time artificial intelligence during procedures. Touch Surgery™ Aide will be shared at the Society of Robotic Surgery (SRS) 2026 Annual Meeting in Florida, July 23-26.
Touch Surgery(TM) Aide and the Touch Surgery(TM) ecosystem
Hugo(TM) Robotic Assisted Surgery system console and Touch Surgery(TM) ecosystem with the next-generation compute platform Touch Surgery(TM) Aide Built on years of experience, the Touch Surgery™ ecosystem brings insight to surgery, in more than 1,500 operating rooms worldwide. It connects the entire surgical journey: bridging pre-operative planning and training, intra-operative tele-mentoring and tele-proctoring, and AI-powered post-operative insight, simplifying workflows and extending access beyond individual ORs.
Touch Surgery™ Aide expands the Touch Surgery™ ecosystem with next-generation computing capabilities, enabling multimodal AI-driven support during surgery. This provides surgeons with access to actionable insights during procedures, supports case review, and helps inform continuous improvement in clinical decision-making.
"Real-time AI marks a new frontier for healthcare — it is a fundamental evolution in how surgery is supported, moving from technology that assists the surgeon's hand to technology that helps teams work smarter, move faster, and deliver greater impact in the moment," said Jim Peichel, Chief Technology Officer at Medtronic.
Touch Surgery™ Aide incorporates NVIDIA's accelerated computing infrastructure, leveraging the company's Holoscan, CUDA, and TensorRT to deliver AI-powered insights in the moment, supporting surgical decision-making when it matters most. Touch Surgery™ Aide combines computer vision, multimodal AI, and accelerated inference to process surgical video and procedural context in real time. This enables multiple AI applications to run simultaneously during a live procedure, processing and acting on surgical data in the moment. It brings intelligent, increasingly automated support in the OR, and is designed to continuously learn and evolve.
Medtronic's first real-time AI application for robotic surgery
Instrument Exit Point (IEP) is an AI application that runs on Touch Surgery™ Aide, for use with the Hugo™ robotic-assisted surgery (RAS) system. It received U.S. Food and Drug Administration (FDA) clearance.
Using computer vision, IEP provides a visual notification when select instruments move beyond the visible field of view during a robotic procedure. As the first real-time AI application to run on Touch Surgery™ Aide, IEP represents an early step in bringing AI-enabled support into robotic surgery, with the platform designed to support expansion into laparoscopic surgery over time.
Medtronic continues to progress the capabilities of the Hugo™ robotic-assisted surgery (RAS) system. In December 2025, the Hugo™ RAS system received FDA clearance for use in urologic surgical procedures, bringing a versatile robotic-assisted platform to U.S. surgeons and health systems. In June 2026, Medtronic announced 510(k) submissions to expand the use of the Hugo™ RAS system into general and gynecologic specialties in the U.S. The Hugo™ RAS system continues to have a growing global impact and has been used in tens of thousands of procedures across more than 35 countries in six continents.
Transforming the future of surgery
This is an early step in a broader effort to bring AI into more of what happens in the operating room. Over time, Medtronic expects the platform to support a growing range of real-time AI applications, connect with other Medtronic technologies in the OR, and turn the data from every case into insight for surgical teams and the hospitals they work in.
"Surgery is on the cusp of a generational shift, powered by AI and advanced compute," said George Murgatroyd, General Manager & Vice President, Digital Technologies within the Surgical business at Medtronic. "The Touch Surgery™ ecosystem, powered by Touch Surgery™ Aide, establishes a platform for a new generation of embedded connectivity, seamlessly integrating advanced capabilities into surgical workflows and reinforcing Medtronic's commitment to delivering the best possible care, for every patient, anywhere."
About Medtronic
Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Galway, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic, visit www.Medtronic.com and follow Medtronic on LinkedIn.
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic's periodic reports on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results.
Andra AP fonden lowered its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 50.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 126,686 shares of the semiconductor company’s stock after selling 130,514 shares during the quarter. Andra AP fonden’s holdings in Texas Instruments were worth $24,595,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Swiss Life Asset Management Ltd boosted its stake in Texas Instruments by 10.1% during the fourth quarter. Swiss Life Asset Management Ltd now owns 555,199 shares of the semiconductor company’s stock worth $96,321,000 after buying an additional 50,808 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Texas Instruments in the 4th quarter worth $640,000. K.J. Harrison & Partners Inc purchased a new position in shares of Texas Instruments during the 4th quarter worth $1,735,000. Thrivent Financial for Lutherans raised its holdings in shares of Texas Instruments by 126.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 150,454 shares of the semiconductor company’s stock worth $26,114,000 after acquiring an additional 83,884 shares during the period. Finally, RNC Capital Management LLC acquired a new position in shares of Texas Instruments during the 4th quarter valued at about $2,751,000. 84.99% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth Several equities research analysts recently issued reports on TXN shares. Mizuho raised their price objective on shares of Texas Instruments from $255.00 to $300.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 19th. Robert W. Baird raised their price target on shares of Texas Instruments from $225.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. KeyCorp lifted their price target on shares of Texas Instruments from $325.00 to $390.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. JPMorgan Chase & Co. increased their price objective on Texas Instruments from $227.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Finally, Citigroup reissued a “buy” rating on shares of Texas Instruments in a research note on Tuesday, July 14th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $283.84.
View Our Latest Report on TXN
Texas Instruments Price Performance Texas Instruments stock opened at $284.07 on Tuesday. The company’s 50 day simple moving average is $302.31 and its 200-day simple moving average is $244.71. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.94 and a current ratio of 4.46. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The company has a market capitalization of $258.53 billion, a price-to-earnings ratio of 48.64, a price-to-earnings-growth ratio of 1.42 and a beta of 1.32.
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.31. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The firm had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.85 billion. During the same quarter last year, the company posted $1.23 EPS. The firm’s quarterly revenue was up 18.6% on a year-over-year basis. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. As a group, equities research analysts expect that Texas Instruments Incorporated will post 7.7 earnings per share for the current year.
Texas Instruments Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be paid a $1.42 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. Texas Instruments’s payout ratio is presently 97.26%.
Insiders Place Their Bets In other Texas Instruments news, CFO Rafael R. Lizardi sold 47,734 shares of Texas Instruments stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $308.10, for a total value of $14,706,845.40. Following the completion of the transaction, the chief financial officer directly owned 85,485 shares of the company’s stock, valued at $26,337,928.50. The trade was a 35.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Ahmad Bahai sold 5,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $309.13, for a total transaction of $1,545,650.00. Following the sale, the vice president directly owned 42,519 shares in the company, valued at $13,143,898.47. This represents a 10.52% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 303,475 shares of company stock valued at $85,666,638. Insiders own 0.60% of the company’s stock.
Texas Instruments Profile (Free Report)
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
Read More Five stocks we like better than Texas Instruments The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAndra AP fonden Increases Stake in International Business Machines Corporation $IBM
NEXT HEADLINE »Andra AP fonden Purchases 53,990 Shares of Thermo Fisher Scientific Inc. $TMO
Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said the exploration timetable for its offshore Uruguay interests has been extended by a year, while an Argentine offshore licensing opportunity moved towards a formal international tender.
Uruguay’s state-owned energy company and regulator ANCAP agreed to suspend the initial exploration period for the AREA OFF-1 block, pushing its expiry date to 23 August 2027. Operator Chevron requested the extension after delays in obtaining environmental approval for a planned 3D seismic programme.
The first seismic acquisition season was completed before the end of April, with a second scheduled to begin in the fourth quarter of 2026. Sintana said the full dataset must be acquired, processed and interpreted before an optimal exploration drilling decision can be made.
Separately, Argentina has instructed its National Secretariat of Energy to call an international public tender for the CAN-200 area in the North Argentine Basin. The process follows a February 2025 expression of interest from Sintana group company Challenger Energy and is a necessary step before a potential exploration permit can be awarded.
Valereum PLC (AQSE:VLRM, FRA:6TJ, OTCQB:VLRMF) has signed a strategic partnership to expand its digital asset business across Africa and the Indian Ocean.
The company, which is listed on the Aquis Stock Exchange and aims to become a leader in tokenised digital markets, has teamed up with Blockchain Digital Assets Limited (Africa).
The Kenyan-registered firm, known as BDAL or Koinon, is a specialist advisory and digital asset business with relationships spanning government, financial institutions and private enterprise across the region.
The tie-up combines Valereum's regulated ecosystem, tokenisation tools and payments infrastructure with BDAL's regional expertise and commercial contacts.
The joint venture will initially focus on three areas.
The first is the tokenisation of real-world assets, centred on land and mineral extraction covering gold, platinum and lithium, using the VLRM Markets platform.
The second is digital payments, expanding across Africa through the Koinon mobile app and integrating Valereum's white label payment platforms to offer full on and off-ramp services.
The third is digital banking, exploring next-generation financial services that combine advisory expertise with regulated infrastructure.
Matthew Mecke, founder and managing partner of BDAL, said the tie-up was a natural choice given how closely the two firms' roadmaps aligned.
He pointed to three decades building relationships across the continent and predicted significant adoption of digital banking in Africa.
Gary Cottle, group chief executive of Valereum, described the deal as an obvious geographical and product extension of its business model.
He said it made more sense for BDAL to use Valereum's platforms than to build its own, and that he looked forward to accelerating its route to market.