Andra AP fonden increased its stake in Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY) by 875.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,077 shares of the financial services provider’s stock after acquiring an additional 140,974 shares during the period. Andra AP fonden’s holdings in Royal Bank Of Canada were worth $25,412,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in RY. Norges Bank bought a new position in Royal Bank Of Canada during the fourth quarter valued at about $3,472,382,000. Alberta Investment Management Corp acquired a new stake in Royal Bank Of Canada in the 4th quarter valued at about $324,237,000. Vanguard Group Inc. boosted its position in shares of Royal Bank Of Canada by 1.9% during the 4th quarter. Vanguard Group Inc. now owns 67,628,463 shares of the financial services provider’s stock valued at $11,529,165,000 after purchasing an additional 1,290,142 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Royal Bank Of Canada by 6.9% in the 4th quarter. Geode Capital Management LLC now owns 13,741,480 shares of the financial services provider’s stock worth $2,389,773,000 after purchasing an additional 882,253 shares during the last quarter. Finally, BCV Asset Management Inc. acquired a new position in shares of Royal Bank Of Canada in the 4th quarter worth approximately $136,790,000. Institutional investors and hedge funds own 45.31% of the company’s stock.
Royal Bank Of Canada Stock Performance Shares of RY stock opened at $210.39 on Tuesday. Royal Bank Of Canada has a 1-year low of $127.38 and a 1-year high of $218.57. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $291.72 billion, a price-to-earnings ratio of 18.90, a P/E/G ratio of 1.71 and a beta of 0.80. The stock’s fifty day simple moving average is $198.71 and its 200-day simple moving average is $179.78.
Royal Bank Of Canada (NYSE:RY – Get Free Report) (TSE:RY) last announced its quarterly earnings data on Thursday, May 28th. The financial services provider reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.81 by $0.03. The firm had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $12.74 billion. Royal Bank Of Canada had a return on equity of 17.68% and a net margin of 15.92%.The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the business earned $3.12 EPS. On average, sell-side analysts predict that Royal Bank Of Canada will post 11.45 earnings per share for the current fiscal year.
Royal Bank Of Canada Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, July 27th will be issued a dividend of $1.76 per share. This is an increase from Royal Bank Of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, July 27th. Royal Bank Of Canada’s dividend payout ratio is 42.41%.
Analyst Ratings Changes Several analysts recently commented on RY shares. Scotiabank reissued an “outperform” rating on shares of Royal Bank Of Canada in a research note on Monday, June 1st. Argus set a $225.00 target price on Royal Bank Of Canada in a research report on Thursday, June 11th. TD Securities reiterated a “buy” rating on shares of Royal Bank Of Canada in a research report on Friday, May 29th. Weiss Ratings cut Royal Bank Of Canada from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Monday, June 29th. Finally, Raymond James Financial downgraded Royal Bank Of Canada from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 12th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $225.00.
Get Our Latest Report on RY
Royal Bank Of Canada Profile (Free Report)
Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.
RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.
Read More Five stocks we like better than Royal Bank Of Canada 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 RY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Royal Bank Of Canada (NYSE:RY – Free Report) (TSE:RY).
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Ground testing of flight-standard engine and propeller for RTX Hybrid-Electric Flight Demonstrator begins in Quebec
, /PRNewswire/ -- Farnborough International Airshow – Pratt & Whitney Canada today announced a new phase in the RTX Hybrid-Electric Flight Demonstrator project, with ground testing of the flight-standard propulsion system and propeller in Longueuil, Quebec. Following completion of the ground test, the hybrid-electric propulsion system will be installed on the De Havilland Canada Dash 8-100 experimental aircraft, with the first flight expected in 2027. Pratt & Whitney is an RTX (NYSE: RTX) business.
"Assembling the final, flight-standard propulsion system brings us one step closer to proving hybrid-electric technology in flight," said Jean Thomassin, executive director, New Products and Services Introduction, Pratt & Whitney Canada. "We are advancing thermal engine and hybrid-electric technologies which could enhance fuel efficiency and performance for a wide range of future aircraft applications."
The hybrid-electric propulsion system combines an advanced Pratt & Whitney Canada thermal engine with a 1-megawatt electric motor and motor controller developed by RTX's Collins Aerospace, along with a battery system supplied by H55 S.A., a Swiss developer of certifiable aviation energy storage systems.
With the electric motor providing additional power during demanding flight phases such as takeoff and climb, the hybrid-electric architecture enables the propulsion system to operate more efficiently throughout the flight mission. The project aims to demonstrate up to 30% improved fuel efficiency for a typical 250-nautical-mile regional turboprop mission.
The RTX Hybrid-Electric Flight Demonstrator project has accelerated collaboration between leading aerospace industry companies and research institutions within Canada and abroad, including De Havilland Aircraft of Canada, GKN Aerospace, AeroTEC, Ricardo, the National Research Council of Canada and the Innovative Vehicle Institute.
The project is supported by the governments of Canada and Quebec. Additionally, the project's propulsion system verification phase is supported by Strix, the organization managing Canada's Initiative for Sustainable Aviation Technology (INSAT), with funding from the Government of Canada, as part of its fifth wave of innovative research projects.
Learn more about how RTX is developing transformative technologies in Canada here.
About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.
About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.
For questions or to schedule an interview, please contact [email protected].
Andra AP fonden grew its position in shares of Morgan Stanley (NYSE:MS – Free Report) by 783.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 173,220 shares of the financial services provider’s stock after purchasing an additional 153,623 shares during the quarter. Andra AP fonden’s holdings in Morgan Stanley were worth $28,507,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of Morgan Stanley by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock worth $1,607,000 after purchasing an additional 1,185 shares in the last quarter. Main Street Financial Solutions LLC boosted its holdings in Morgan Stanley by 69.0% in the second quarter. Main Street Financial Solutions LLC now owns 8,964 shares of the financial services provider’s stock worth $1,263,000 after acquiring an additional 3,661 shares in the last quarter. Diversify Advisory Services LLC grew its stake in Morgan Stanley by 90.9% in the second quarter. Diversify Advisory Services LLC now owns 16,148 shares of the financial services provider’s stock valued at $2,378,000 after acquiring an additional 7,688 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in shares of Morgan Stanley by 6.3% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 263,575 shares of the financial services provider’s stock valued at $37,127,000 after acquiring an additional 15,623 shares in the last quarter. Finally, Jupiter Wealth Management LLC increased its holdings in shares of Morgan Stanley by 7.8% during the second quarter. Jupiter Wealth Management LLC now owns 52,825 shares of the financial services provider’s stock valued at $7,805,000 after acquiring an additional 3,807 shares in the last quarter. Institutional investors and hedge funds own 84.19% of the company’s stock.
Analyst Ratings Changes A number of equities analysts recently issued reports on MS shares. Daiwa Securities Group increased their target price on Morgan Stanley from $175.00 to $198.00 and gave the stock a “neutral” rating in a report on Tuesday, May 5th. CICC Research lifted their price objective on shares of Morgan Stanley from $175.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. Erste Group Bank raised shares of Morgan Stanley from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Argus upped their target price on shares of Morgan Stanley from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Finally, UBS Group raised their price target on shares of Morgan Stanley from $214.00 to $255.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Morgan Stanley has a consensus rating of “Moderate Buy” and an average target price of $222.60.
Check Out Our Latest Stock Report on Morgan Stanley
Morgan Stanley Price Performance MS opened at $210.98 on Tuesday. Morgan Stanley has a fifty-two week low of $136.17 and a fifty-two week high of $232.25. The firm has a 50-day moving average of $212.09 and a 200 day moving average of $189.00. The company has a debt-to-equity ratio of 3.52, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a market cap of $332.78 billion, a P/E ratio of 17.06, a PEG ratio of 1.56 and a beta of 1.23.
Morgan Stanley (NYSE:MS – Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The financial services provider reported $3.46 EPS for the quarter, beating the consensus estimate of $2.89 by $0.57. Morgan Stanley had a return on equity of 19.51% and a net margin of 15.65%.The business had revenue of $21.35 billion for the quarter, compared to the consensus estimate of $19.67 billion. During the same quarter in the prior year, the business earned $2.13 earnings per share. Morgan Stanley’s revenue for the quarter was up 27.1% on a year-over-year basis. On average, research analysts expect that Morgan Stanley will post 12.55 EPS for the current year.
Morgan Stanley announced that its Board of Directors has authorized a share repurchase plan on Wednesday, June 24th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to repurchase up to 5.6% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.
Morgan Stanley Increases Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be paid a $1.15 dividend. The ex-dividend date is Friday, July 31st. This represents a $4.60 annualized dividend and a yield of 2.2%. This is an increase from Morgan Stanley’s previous quarterly dividend of $1.00. Morgan Stanley’s dividend payout ratio is 32.34%.
More Morgan Stanley News Here are the key news stories impacting Morgan Stanley this week:
Positive Sentiment: Morgan Stanley is being recognized as a leader in financing AI-related debt deals, suggesting stronger underwriting and advisory revenue tied to data-center expansion. Morgan Stanley becomes Wall Street’s top bank for AI debt deals Positive Sentiment: New coverage from market outlets also pointed to Morgan Stanley as constructive on broader macro and sector opportunities, including semiconductor and commodity trends, which can help sentiment around its research and client franchise. MarketWatch chip stocks article Neutral Sentiment: Analyst notes and rating updates continued to support expectations for solid earnings, with recent reports raising price targets and forecast estimates for fiscal 2026 and beyond. Morgan Stanley upgraded at Freedom Capital Negative Sentiment: Despite the positive business headlines, the stock was under pressure in a broader risk-off session, which can weigh on large financials even when company-specific news is favorable. Morgan Stanley Profile (Free Report)
Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.
The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.
Further Reading Five stocks we like better than Morgan Stanley The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Andra AP fonden lowered its position in shares of Intuit Inc. (NASDAQ:INTU – Free Report) by 23.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,280 shares of the software maker’s stock after selling 15,280 shares during the period. Andra AP fonden’s holdings in Intuit were worth $21,740,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in INTU. Joseph Group Capital Management bought a new stake in shares of Intuit during the fourth quarter valued at approximately $25,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of Intuit in the fourth quarter worth $25,000. HHM Wealth Advisors LLC raised its stake in shares of Intuit by 75.0% in the first quarter. HHM Wealth Advisors LLC now owns 70 shares of the software maker’s stock worth $30,000 after purchasing an additional 30 shares during the last quarter. Whipplewood Advisors LLC bought a new position in shares of Intuit during the first quarter valued at $30,000. Finally, CrossGen Wealth LLC bought a new position in shares of Intuit during the first quarter valued at $32,000. Institutional investors own 83.66% of the company’s stock.
Analyst Ratings Changes Several equities research analysts recently commented on the company. Argus reduced their price objective on Intuit from $580.00 to $480.00 and set a “buy” rating for the company in a report on Friday, May 22nd. Daiwa Securities Group dropped their price target on shares of Intuit from $640.00 to $500.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Bank of America assumed coverage on shares of Intuit in a research note on Wednesday, May 27th. They issued a “buy” rating and a $400.00 price target for the company. Wall Street Zen cut shares of Intuit from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, Stifel Nicolaus restated a “hold” rating and set a $275.00 price objective (down from $375.00) on shares of Intuit in a research report on Wednesday, June 17th. Twenty-two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $486.42.
View Our Latest Research Report on INTU
Insider Activity In other news, Director Vasant M. Prabhu bought 1,250 shares of Intuit stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average cost of $309.45 per share, with a total value of $386,812.50. Following the acquisition, the director owned 1,250 shares of the company’s stock, valued at $386,812.50. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard L. Dalzell sold 338 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $279.86, for a total transaction of $94,592.68. Following the sale, the director owned 12,326 shares in the company, valued at approximately $3,449,554.36. The trade was a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,239 shares of company stock worth $348,354 in the last ninety days. Corporate insiders own 2.49% of the company’s stock.
More Intuit News Here are the key news stories impacting Intuit this week:
Negative Sentiment: Several law firms issued fresh reminders about the pending class action and September 8 lead plaintiff deadline, highlighting ongoing litigation risk for Intuit investors. Article Title Negative Sentiment: New notices from Faruqi & Faruqi, Glancy Prongay Wolke & Rotter, Levi & Korsinsky, Robbins LLP, and BFA Law reinforce that a securities fraud lawsuit has already been filed against Intuit. Article Title Negative Sentiment: One report says Intuit was accused of misrepresentations about pricing issues, adding to the legal overhang that may pressure the stock. Article Title Neutral Sentiment: Analyst commentary noted TurboTax Live is performing well, while Intuit also plans to revamp DIY tax products with simpler offerings, better pricing, and expanded financial services to regain cost-conscious filers. Article Title Neutral Sentiment: Susquehanna cut its price target on Intuit to $427 from $550 but kept a positive rating, which signals some caution but still implies upside from current levels. Positive Sentiment: Several articles framed the recent decline in Intuit (INTU) as potentially overdone, suggesting some investors see the pullback as a buying opportunity. Article Title Intuit Price Performance NASDAQ INTU opened at $293.82 on Tuesday. Intuit Inc. has a 52 week low of $252.84 and a 52 week high of $813.70. The firm has a market capitalization of $80.37 billion, a P/E ratio of 17.80, a PEG ratio of 1.07 and a beta of 1.00. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average price of $301.21 and a 200-day moving average price of $402.03.
Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping the consensus estimate of $12.57 by $0.23. The firm had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $8.54 billion. Intuit had a net margin of 21.91% and a return on equity of 25.18%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $11.65 EPS. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Equities research analysts anticipate that Intuit Inc. will post 18.18 earnings per share for the current year.
Intuit Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 9th were paid a $1.20 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $4.80 annualized dividend and a dividend yield of 1.6%. Intuit’s dividend payout ratio (DPR) is 29.07%.
Intuit Company Profile (Free Report)
Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.
Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.
Further Reading Five stocks we like better than Intuit The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding INTU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intuit Inc. (NASDAQ:INTU – Free Report).
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A securities fraud class action lawsuit has been filed on behalf of Intuit investors after its stock plummeted over 20% because Intuit allegedly misled investors regarding TurboTax's purported competitive advantages and growth prospects.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Intuit Inc. (NASDAQ:INTU) and certain of the company's senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
If you invested in Intuit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
Key Details of the Intuit ($INTU) Class Action:
Lead Plaintiff Deadline: September 8, 2026 Class Action Allegations: Securities fraud alleging that Intuit misled investors regarding TurboTax's purported competitive advantages and growth prospects Largest Alleged Stock Drop: May 21, 2026 – 20.02% Stock Drop Court: U.S. District Court for the Northern District of California Action: Contact BFA Law to discuss your rights Investors have until September 8, 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 Intuit securities. The class action is pending in the U.S. District Court for the Northern District of California. It is captioned Baldwin v. Intuit Inc., et al., No. 26-cv-7086.
Why is Intuit Being Sued for Securities Fraud?
Intuit is a financial technology platform that serves consumers, small and mid-market businesses, and accountants through its offerings, which include TurboTax, Credit Karma, and QuickBooks.
During the relevant period, Intuit told investors it had significant "momentum" across its business segments, including TurboTax. Intuit attributed its "momentum" to purportedly significant competitive advantages, including integration of AI in its business and operations. Intuit also told investors that the 2026 tax season was "off to a strong start" as the company was poised to deliver the "best price for our customers."
In truth, as alleged, the company was facing pressure among the most price-sensitive DIY tax filers and was not competitive on price in this segment.
Why did Intuit's Stock Drop?
On May 20, 2026, before market hours, Reuters published an article titled "Intuit to cut 17% of global jobs to streamline operations, memo shows." Reuters reported that Intuit was "laying off about 17% of its workforce" and was "winding down its Reno and Woodland Hills offices as part of a strategic restructuring to consolidate teams[.]" This news caused the price of Intuit stock to decline $15.78 per share, or 3.95%, from a closing price of $399.71 per share on May 19, 2026, to $383.93 per share on May 20, 2026.
Also on May 20, 2026, after market hours, Intuit released its fiscal Q3 2026 financial results, which included its 2026 tax season revenue. Intuit stated that it "did not have the overall tax season we expected" and that it "faced pressure among the most price-sensitive DIY filers." Intuit stated that "[w]e [lost] on price." Intuit also announced that TurboTax online paying units were expected to grow by only 2% as total IRS filers were expected to decline by approx. 30 basis points, representing the "most significant industry-wide contraction since the post-COVID tax season." This news caused the price of Intuit stock to decline $76.86 per share, or 20.02%, from a closing price of $383.93 per share on May 20, 2026, to $307.07 per share on May 21, 2026.
Click here for more information: https://www.bfalaw.com/cases/intuit-class-action-lawsuit.
What Can You Do?
If you invested in Intuit, 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.
SAN DIEGO, July 21, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Intuit Inc. (NASDAQ: INTU) securities between August 22, 2025 and May 20, 2026, both dates inclusive (the “Class Period”), have until September 8, 2026 to seek appointment as lead plaintiff of the Intuit class action lawsuit. Captioned Baldwin v. Intuit Inc., No. 26-cv-07086 (N.D. Cal.), the Intuit class action lawsuit charges Intuit as well as certain of Intuit’s top executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Intuit class action lawsuit, please provide your information here:
You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at [email protected].
CASE ALLEGATIONS: Intuit provides financial management, payments and capital, compliance, and marketing products and services.
The Intuit class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) they had overstated Intuit’s competitive advantages and growth, as well as the overall strength and sustainability of its business model and operations; (ii) in reality, Intuit was losing significant business in its tax-related business, particularly in its Turbo Tax business, as a result of, among other things, increasing competitive and pricing pressures; and (iii) accordingly, Intuit’s previously issued 2026 TurboTax revenue growth guidance was unreliable and/or unrealistic.
On May 20, 2026, during pre-market hours, Reuters published an article entitled “Intuit to cut 17% of global jobs to streamline operations, memo shows,” allegedly reporting that Intuit “is laying off about 17% of its workforce, or about 3,000 employees worldwide.” On this news, the price of Intuit stock dropped nearly 4%, according to the complaint.
Later that day, during post-market hours, Intuit issued a press release announcing its fiscal third quarter 2026 results, allegedly reporting weak Q3 2026 tax season revenue, including that TurboTax revenue grew by only 7% year-over-year versus consensus estimates of at least 8% revenue growth. The Intuit class action lawsuit further alleges that on an accompanying conference call that day, Sasan K. Goodarzi, Intuit’s Chairman and CEO, disclosed that TurboTax online paying units were expected to grow by only 2% as total Internal Revenue Service filers were expected to decline by approximately 30 basis points, representing the “most significant industry-wide contraction since the post-COVID tax season.” On this news, the price of Intuit stock dropped over 20%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Intuit securities during the Class Period to seek appointment as lead plaintiff in the Intuit class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Intuit class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Intuit class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Intuit class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
Andra AP fonden grew its stake in shares of The Charles Schwab Corporation (NYSE:SCHW – Free Report) by 28.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 256,672 shares of the financial services provider’s stock after purchasing an additional 57,306 shares during the quarter. Andra AP fonden’s holdings in Charles Schwab were worth $24,122,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. Souders Financial Advisors lifted its position in shares of Charles Schwab by 2.3% during the fourth quarter. Souders Financial Advisors now owns 4,341 shares of the financial services provider’s stock worth $434,000 after purchasing an additional 98 shares in the last quarter. Lantz Financial LLC increased its stake in Charles Schwab by 3.1% during the 4th quarter. Lantz Financial LLC now owns 3,243 shares of the financial services provider’s stock worth $324,000 after buying an additional 99 shares during the period. Roberts Wealth Advisors LLC lifted its holdings in Charles Schwab by 0.5% in the 4th quarter. Roberts Wealth Advisors LLC now owns 22,961 shares of the financial services provider’s stock worth $2,294,000 after buying an additional 105 shares in the last quarter. Essex Financial Services Inc. boosted its position in Charles Schwab by 0.8% in the 4th quarter. Essex Financial Services Inc. now owns 12,833 shares of the financial services provider’s stock valued at $1,282,000 after buying an additional 105 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its position in Charles Schwab by 0.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 24,626 shares of the financial services provider’s stock valued at $2,460,000 after buying an additional 107 shares during the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.
Analyst Ratings Changes A number of brokerages have recently issued reports on SCHW. Jefferies Financial Group dropped their target price on Charles Schwab from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Monday, April 6th. Truist Financial reduced their price target on Charles Schwab from $122.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Zacks Research upgraded Charles Schwab from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Argus set a $108.00 price objective on Charles Schwab in a report on Monday, April 20th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Charles Schwab in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $117.65.
View Our Latest Stock Report on SCHW
Charles Schwab Stock Performance Shares of Charles Schwab stock opened at $102.92 on Tuesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.62 and a current ratio of 0.62. The Charles Schwab Corporation has a 1 year low of $83.96 and a 1 year high of $107.50. The firm’s 50-day simple moving average is $93.07 and its 200-day simple moving average is $95.34. The firm has a market cap of $178.99 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 0.85 and a beta of 0.77.
Charles Schwab Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were paid a dividend of $0.32 per share. The ex-dividend date was Friday, May 8th. This represents a $1.28 annualized dividend and a yield of 1.2%. Charles Schwab’s dividend payout ratio is presently 25.40%.
Insider Buying and Selling In related news, Director Frank C. Herringer sold 2,520 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $90.60, for a total transaction of $228,312.00. Following the sale, the director directly owned 177,508 shares of the company’s stock, valued at approximately $16,082,224.80. This represents a 1.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jonathan S. Beatty sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $100.01, for a total transaction of $200,020.00. Following the completion of the transaction, the insider directly owned 13,738 shares in the company, valued at $1,373,937.38. This represents a 12.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 6,520 shares of company stock worth $622,392. 6.30% of the stock is currently owned by company insiders.
Charles Schwab Company Profile (Free Report)
Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.
Read More Five stocks we like better than Charles Schwab 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 SCHW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Charles Schwab Corporation (NYSE:SCHW – Free Report).
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July 21, 2026 07:00 ET | Source: Scotts Miracle-Gro Company (The)
GroForward 2030 focuses on products, practices and people
Initiative outlined in 2026 Corporate Responsibility Report
MARYSVILLE, Ohio, July 21, 2026 (GLOBE NEWSWIRE) -- The Scotts Miracle-Gro Company (NYSE: SMG), the leading marketer of branded consumer lawn and garden products in North America, today announced the release of its 2026 Corporate Responsibility Report.
The report, available on the ScottsMiracle-Gro website, memorializes the Company’s progress in 2025 toward its corporate responsibility commitments and demonstrates a shift in its approach to corporate responsibility through 2030, branded as GroForward 2030 and grounded in delivering responsibly produced solutions backed by science and built for real life. GroForward 2030 aims to best serve the Company’s stakeholders while embodying its purpose to GroMoreGood, everywhere.
“GroForward 2030 builds on our history of success in sustainability to create many more opportunities for positive impacts to the benefit of our Company and all those with whom we do business,” said Nate Baxter, president and CEO. “Just as importantly, our reinvigorated approach to corporate responsibility is a reflection of input from our stakeholders and aligns with our multi-year SMG 2.0 growth strategy.”
Baxter noted that the consumer and retail environment are changing, and the Company is adapting through SMG 2.0, whose key elements include:
Innovation to optimize the portfolio, including more products centered on naturals, organics and indoor and outdoor growing.Channel expansion, primarily ecommerce but also in expanded retailer partnerships and professional do-it-for-me yard care.Category growth by engaging emerging consumers and broader demographic groups.Operational efficiencies and savings to ensure the best-in-class supply chain. GroForward 2030 builds on SMG 2.0 with goals centered on the core principles of Products you can count on, Practices you can be proud of and People you grow with.
GroForward 2030 Goals
Products You Can Count On
Designing for Sustainability: 100% of new products introduced will align with at least one defined sustainability criterion mapped directly to the UN Sustainable Development Goals (SDGs 3, 12 and 15).Consumer Experience: Increase the percentage of the ScottsMiracle-Gro product catalog with an average consumer star rating of 4.0 or higher by 25% from the fiscal 2025 baseline. Practices You Can Be Proud Of
Climate and Energy Efficiency: Reduce total absolute Scope 1 and Scope 2 greenhouse gas emissions by 20% by fiscal 2030 from a fiscal 2024 baseline.Environmental Stewardship: Drive a 10% reduction in purchased water intensity across all operated facilities against a fiscal 2024 baseline to build operational resource efficiency. People You Grow With
Supporting Communities: Achieve a 50% associate participation rate in the Company’s Give Back to Gro volunteer time off program.Biodiversity Investment: Support the protection, management or restoration of at least 3,000 acres of natural habitat through biodiversity-related grants and partnerships.Community Impact: Invest $10 million to improve communities through strategic partnerships and charitable contributions. Among milestones achieved in 2025 and recognized in the report:
Product Innovation: 50% sales growth of Miracle-Gro Organics, the successful revival of the O.M. Scott & Sons heritage brand with 100% curbside-recyclable packaging and targeted pest-control technology, such as the new Ortho Mosquito Kill & Prevent product.Eco-Efficiency and Sourcing: Manufacturing of growing media within 150 miles of point-of-sale destinations to lower fuel use and source locally, 40% reduction in energy usage for compressed air in the Marysville fertilizer plant and diversion of 344,445 pounds of plastic waste diverted from landfills through the Trex recycling partnership.Associate Well-Being: Launch of Lyra Health mental wellness platform and earning the Human Rights Campaign's Equality 100 Leader title for the fourth consecutive year.Community Impact: The Scotts Miracle-Gro Foundation distributing $1.96 million in grants, and Marysville campus associate gardens donating over 6,700 pounds of fresh produce to local Ohio food banks. About ScottsMiracle-Gro
With approximately $3.3 billion in sales, the Company is the leading marketer of branded consumer lawn and garden products in North America. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, Ortho® and Tomcat® brands are market-leading in their categories. For additional information, visit us at www.scottsmiraclegro.com.
For media inquiries:
Tom Matthews
Chief Communications Officer [email protected]
(937) 844-3864
For investor inquiries:
Brad Chelton
Vice President
Treasury, Tax and Investor Relations [email protected]
(937) 309-2503
Andra AP fonden decreased its stake in Fastenal Company (NASDAQ:FAST – Free Report) by 54.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 469,019 shares of the company’s stock after selling 559,081 shares during the quarter. Andra AP fonden’s holdings in Fastenal were worth $21,762,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the stock. Wiregrass Investment Management LLC acquired a new position in Fastenal during the 4th quarter valued at $1,020,000. Assenagon Asset Management S.A. increased its holdings in shares of Fastenal by 20.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 328,263 shares of the company’s stock worth $13,173,000 after purchasing an additional 55,191 shares during the period. Swiss Life Asset Management Ltd increased its holdings in shares of Fastenal by 2.7% during the 4th quarter. Swiss Life Asset Management Ltd now owns 1,491,994 shares of the company’s stock worth $59,874,000 after purchasing an additional 39,406 shares during the period. LBP AM SA raised its position in shares of Fastenal by 11.8% during the fourth quarter. LBP AM SA now owns 232,847 shares of the company’s stock valued at $9,344,000 after buying an additional 24,536 shares during the last quarter. Finally, Fideuram Asset Management Ireland dac bought a new stake in shares of Fastenal in the fourth quarter valued at about $4,041,000. Institutional investors and hedge funds own 81.38% of the company’s stock.
Analyst Upgrades and Downgrades A number of equities research analysts recently weighed in on the company. Bank of America lifted their target price on Fastenal from $48.00 to $55.00 in a research report on Monday, April 13th. Wolfe Research reissued an “underperform” rating and set a $47.00 price objective on shares of Fastenal in a report on Thursday, July 9th. Rothschild & Co Redburn set a $55.00 target price on Fastenal and gave the stock a “buy” rating in a research report on Monday, July 13th. Barclays lowered their price target on shares of Fastenal from $47.00 to $46.00 and set an “equal weight” rating on the stock in a report on Thursday, July 16th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Fastenal from $46.00 to $47.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Fastenal has an average rating of “Hold” and a consensus price target of $48.83.
Get Our Latest Stock Analysis on Fastenal
Fastenal Stock Performance Fastenal stock opened at $44.76 on Tuesday. The firm has a market capitalization of $51.36 billion, a P/E ratio of 37.93, a P/E/G ratio of 2.85 and a beta of 0.72. The stock has a fifty day moving average price of $45.74 and a two-hundred day moving average price of $45.23. Fastenal Company has a 52-week low of $38.97 and a 52-week high of $50.63. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.18 and a quick ratio of 2.21.
Fastenal (NASDAQ:FAST – Get Free Report) last posted its earnings results on Tuesday, July 14th. The company reported $0.33 earnings per share for the quarter, hitting the consensus estimate of $0.33. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates of $2.34 billion. Fastenal had a net margin of 15.45% and a return on equity of 34.03%. The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 EPS. As a group, analysts anticipate that Fastenal Company will post 1.25 EPS for the current fiscal year.
Fastenal Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, July 28th will be paid a dividend of $0.26 per share. This is a positive change from Fastenal’s previous quarterly dividend of $0.24. This represents a $1.04 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, July 28th. Fastenal’s payout ratio is currently 81.36%.
About Fastenal (Free Report)
Fastenal (NASDAQ: FAST) is a wholesale distributor of industrial and construction supplies, best known for its broad assortment of fasteners such as bolts, nuts, screws and anchors. Founded in Winona, Minnesota, Fastenal has grown from a regional supplier into a national and international distributor serving a wide range of end markets, including manufacturing, construction, maintenance, repair and operations (MRO), and government customers. The company is publicly traded and operates through a network of locally staffed branches combined with national distribution capabilities.
Product offerings extend beyond fasteners to include tools, safety and personal protective equipment, power transmission components, cutting and welding supplies, janitorial and material handling items, and other industrial consumables.
Further Reading Five stocks we like better than Fastenal The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) is scheduled to report its third quarter fiscal 2026 results on Tuesday, Aug. 4, before the market opens. The release will be posted on the Rockwell Investor Relations website at www.rockwellautomation.com/en-us/investors.html. A conference call to discuss the quarterly results will be held at 7:30 a.m. CDT on Aug. 4. This call will be audio webcast and accessible on the Rockwell Automation Investor Relations website. Presentatio.
Amova Asset Management Americas Inc. lessened its holdings in shares of Coinbase Global, Inc. (NASDAQ:COIN – Free Report) by 7.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,589,152 shares of the cryptocurrency exchange’s stock after selling 132,046 shares during the period. Coinbase Global accounts for approximately 3.9% of Amova Asset Management Americas Inc.’s investment portfolio, making the stock its 6th biggest holding. Amova Asset Management Americas Inc. owned approximately 0.60% of Coinbase Global worth $277,418,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC grew its position in shares of Coinbase Global by 24.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,119 shares of the cryptocurrency exchange’s stock valued at $365,000 after buying an additional 413 shares during the last quarter. Empowered Funds LLC lifted its position in Coinbase Global by 25.8% in the first quarter. Empowered Funds LLC now owns 8,581 shares of the cryptocurrency exchange’s stock valued at $1,478,000 after acquiring an additional 1,761 shares during the last quarter. Focus Partners Wealth boosted its stake in Coinbase Global by 9.9% in the first quarter. Focus Partners Wealth now owns 5,202 shares of the cryptocurrency exchange’s stock valued at $896,000 after acquiring an additional 467 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Coinbase Global in the second quarter valued at $285,000. Finally, Cerity Partners LLC grew its holdings in shares of Coinbase Global by 8.6% during the second quarter. Cerity Partners LLC now owns 17,694 shares of the cryptocurrency exchange’s stock worth $6,203,000 after purchasing an additional 1,402 shares during the last quarter. 68.84% of the stock is owned by institutional investors and hedge funds.
Coinbase Global Stock Up 2.1% Shares of Coinbase Global stock opened at $160.43 on Tuesday. The company has a market cap of $42.27 billion, a P/E ratio of 60.31, a PEG ratio of 10.14 and a beta of 3.35. Coinbase Global, Inc. has a one year low of $139.18 and a one year high of $436.38. The firm has a fifty day moving average of $169.28 and a two-hundred day moving average of $186.24. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.14 and a current ratio of 2.14.
Coinbase Global (NASDAQ:COIN – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The cryptocurrency exchange reported ($1.49) EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($1.55). Coinbase Global had a net margin of 12.20% and a return on equity of 4.16%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the business earned $0.24 EPS. Coinbase Global’s revenue for the quarter was down 30.5% on a year-over-year basis. On average, analysts forecast that Coinbase Global, Inc. will post 1.41 earnings per share for the current year.
Insiders Place Their Bets In other news, insider Paul Grewal sold 1,960 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $176.88, for a total value of $346,684.80. Following the completion of the sale, the insider directly owned 84,753 shares of the company’s stock, valued at $14,991,110.64. This trade represents a 2.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Jennifer N. Jones sold 2,051 shares of Coinbase Global stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $158.15, for a total value of $324,365.65. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 30,627 shares of company stock valued at $5,327,841. Corporate insiders own 16.66% of the company’s stock.
Key Headlines Impacting Coinbase Global Here are the key news stories impacting Coinbase Global this week:
Positive Sentiment: Coinbase vice chair Ryan VanGrack said Senate negotiators added stronger consumer protections to the CLARITY Act, which could improve the odds of crypto market-structure legislation passing and create a more favorable regulatory backdrop for Coinbase. Article: Democrats added certain consumer protection rules to CLARITY: Coinbase exec Positive Sentiment: Multiple headlines featured Coinbase CEO Brian Armstrong defending Bitcoin’s long-term durability and dismissing concerns about miners shifting energy use to AI, which can reinforce Coinbase’s image as a leading crypto industry voice. Article: Coinbase CEO Brian Armstrong: Hash Power Doesn’t Determine Bitcoin’s Price Neutral Sentiment: Armstrong also said Bitcoin is likely to remain a long-term gauge of inflation fears and commented that stablecoins, not Bitcoin, have best fulfilled Satoshi’s payments vision; this keeps Coinbase in the center of the crypto narrative but is not a direct business catalyst. Article: Coinbase CEO Brian Armstrong Says Bitcoin Will ‘Mostly’ Be a Measure of Inflation Fears in the Long Term Neutral Sentiment: Coinbase shares also got a routine lift from broad market movement, with recent coverage noting the stock outperformed a down market session. Article: Coinbase Global, Inc. (COIN) Ascends While Market Falls: Some Facts to Note Negative Sentiment: Prediction markets suggested Coinbase’s second-quarter trading volume may come in below analyst expectations, renewing concern that weaker crypto activity could pressure transaction revenue. Article: Coinbase trading results may fall short of expectations, according to prediction markets Negative Sentiment: Another piece argued Coinbase’s Base strategy showed the company may be building for an older crypto cycle, hinting at product and strategic execution risks. Article: Coinbase’s big Base mistake offers an important lesson for the crypto industry Wall Street Analyst Weigh In A number of analysts have recently commented on COIN shares. Weiss Ratings upgraded Coinbase Global from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Piper Sandler decreased their target price on Coinbase Global from $170.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. KeyCorp restated a “sector weight” rating on shares of Coinbase Global in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $208.00 price target on shares of Coinbase Global in a research report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. boosted their price objective on Coinbase Global from $252.00 to $290.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Coinbase Global currently has an average rating of “Hold” and an average target price of $245.39.
Check Out Our Latest Analysis on Coinbase Global
Coinbase Global Profile (Free Report)
Coinbase Global, Inc is a U.S.-based company that operates one of the largest cryptocurrency exchange platforms. Founded in 2012 by Brian Armstrong and Fred Ehrsam and headquartered in San Francisco, Coinbase provides technology and infrastructure to buy, sell, store and use a broad range of digital assets. The company became a public company through a direct listing on the NASDAQ in April 2021 and offers services tailored to both retail and institutional customers.
Coinbase’s product portfolio includes its consumer trading platform, a self-custody mobile wallet, and institutional services such as custody, prime brokerage and execution tools.
See Also Five stocks we like better than Coinbase Global The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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Amova Asset Management Americas Inc. increased its holdings in shares of Roblox Corporation (NYSE:RBLX – Free Report) by 17.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,238,160 shares of the company’s stock after purchasing an additional 469,379 shares during the quarter. Roblox makes up approximately 2.6% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 9th biggest position. Amova Asset Management Americas Inc. owned approximately 0.48% of Roblox worth $183,247,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. boosted its holdings in shares of Roblox by 1.4% in the 2nd quarter. Baird Financial Group Inc. now owns 7,294 shares of the company’s stock valued at $767,000 after buying an additional 102 shares in the last quarter. Sunbelt Securities Inc. lifted its position in Roblox by 58.7% in the third quarter. Sunbelt Securities Inc. now owns 284 shares of the company’s stock valued at $39,000 after acquiring an additional 105 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in Roblox by 2.8% in the third quarter. Brown Brothers Harriman & Co. now owns 4,042 shares of the company’s stock valued at $560,000 after acquiring an additional 110 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Roblox by 1.3% in the second quarter. NewEdge Advisors LLC now owns 10,374 shares of the company’s stock valued at $1,091,000 after acquiring an additional 138 shares in the last quarter. Finally, L2 Asset Management LLC grew its holdings in shares of Roblox by 5.9% during the third quarter. L2 Asset Management LLC now owns 2,783 shares of the company’s stock worth $386,000 after purchasing an additional 154 shares during the last quarter. 94.46% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Roblox In related news, Director Gregory Baszucki sold 16,666 shares of Roblox stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $57.69, for a total value of $961,461.54. Following the sale, the director directly owned 1,277,835 shares in the company, valued at $73,718,301.15. The trade was a 1.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO David Baszucki sold 50,628 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $45.28, for a total value of $2,292,435.84. Following the transaction, the chief executive officer directly owned 852,214 shares in the company, valued at $38,588,249.92. This represents a 5.61% 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 90 days, insiders sold 161,983 shares of company stock valued at $7,580,990. 10.05% of the stock is owned by company insiders.
Roblox Trading Up 3.2% NYSE:RBLX opened at $53.31 on Tuesday. The firm has a market cap of $35.80 billion, a P/E ratio of -33.74 and a beta of 1.41. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 2.45. Roblox Corporation has a 12-month low of $40.15 and a 12-month high of $150.59. The stock’s 50 day simple moving average is $48.72 and its 200-day simple moving average is $58.70.
Roblox (NYSE:RBLX – Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.41) by $0.06. Roblox had a negative net margin of 20.69% and a negative return on equity of 277.69%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the firm earned ($0.32) earnings per share. The business’s quarterly revenue was up 43.4% compared to the same quarter last year. Equities analysts anticipate that Roblox Corporation will post -1.39 EPS for the current year.
Roblox declared that its Board of Directors has initiated a share buyback plan on Tuesday, May 19th that authorizes the company to repurchase $3.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 9.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.
Analysts Set New Price Targets RBLX has been the subject of several research reports. BTIG Research downgraded Roblox from a “buy” rating to a “neutral” rating in a report on Friday, May 1st. Barclays raised Roblox from an “equal weight” rating to an “outperform” rating in a research report on Monday, June 29th. Wells Fargo & Company boosted their price objective on Roblox from $55.00 to $56.00 and gave the company an “overweight” rating in a research note on Tuesday, June 30th. Oppenheimer started coverage on shares of Roblox in a research report on Friday, May 1st. They set an “outperform” rating on the stock. Finally, Piper Sandler cut shares of Roblox from an “overweight” rating to a “neutral” rating and cut their target price for the company from $100.00 to $50.00 in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Roblox has a consensus rating of “Moderate Buy” and a consensus price target of $85.48.
Get Our Latest Stock Report on RBLX
Key Headlines Impacting Roblox Here are the key news stories impacting Roblox this week:
Positive Sentiment: Investors are bidding up Roblox ahead of its July 30 second-quarter earnings release, with traders positioning for a potentially strong update on summer engagement and user growth. Roblox gains as investors look ahead to earnings and recent platform updates Positive Sentiment: Recent product changes, including the rollout of Roblox Kids and Roblox Select accounts, may be improving sentiment by showing the company is tightening safety controls while expanding its age-based offerings. Roblox gains as investors look ahead to earnings and recent platform updates Neutral Sentiment: Analyst commentary remains constructive, with recent coverage describing Roblox as favorably positioned versus Take-Two thanks to user growth, creator incentives, and AI capabilities. Roblox vs. Take-Two: Which Gaming Stock Has the Edge Now? Negative Sentiment: Multiple law firms are advertising securities class-action claims and lead-plaintiff deadlines tied to Roblox’s stock performance during the October 2025 to April 2026 period, which could weigh on sentiment and keep legal risk in focus. RBLX Investors Have Opportunity to Lead Roblox Corporation Securities Fraud Lawsuit with the Schall Law Firm Negative Sentiment: Fresh litigation notices from Rosen Law Firm, Hagens Berman, and Bronstein, Gewirtz & Grossman extend the legal overhang and may remind investors of potential costs and distraction for management. HBSS Investigating Claims Against Roblox (RBLX) In Pending Securities Class Action Roblox Profile (Free Report)
Roblox Corporation operates Roblox, a user-generated online platform that enables people to create, share and monetize immersive 3D experiences and games. The core offering centers on Roblox Studio, a development environment that allows independent creators and studios to design interactive worlds using the company’s building tools and scripting language. Content on the platform spans games, virtual hangouts, branded experiences and live events, all delivered through a persistent social environment.
Roblox’s business model is built around its virtual economy and creator ecosystem.
See Also Five stocks we like better than Roblox 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 RBLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Roblox Corporation (NYSE:RBLX – Free Report).
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AlTi Global Inc. lessened its stake in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 22.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,650 shares of the business services provider’s stock after selling 2,439 shares during the quarter. AlTi Global Inc.’s holdings in Automatic Data Processing were worth $1,772,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Imprint Wealth LLC purchased a new position in Automatic Data Processing in the 3rd quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new position in Automatic Data Processing in the 4th quarter valued at approximately $26,000. Bard Associates Inc. purchased a new stake in Automatic Data Processing during the 4th quarter valued at $28,000. Whipplewood Advisors LLC boosted its stake in Automatic Data Processing by 2,740.0% during the 1st quarter. Whipplewood Advisors LLC now owns 142 shares of the business services provider’s stock valued at $29,000 after purchasing an additional 137 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new stake in shares of Automatic Data Processing in the 4th quarter worth $33,000. Institutional investors own 80.03% of the company’s stock.
Automatic Data Processing Stock Performance ADP stock opened at $255.24 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.04 and a quick ratio of 1.04. Automatic Data Processing, Inc. has a 1 year low of $188.16 and a 1 year high of $315.98. The company has a market cap of $102.03 billion, a P/E ratio of 23.81 and a beta of 0.83. The stock’s fifty day moving average price is $228.87 and its 200-day moving average price is $224.58.
Automatic Data Processing (NASDAQ:ADP – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.37 EPS for the quarter, beating analysts’ consensus estimates of $3.30 by $0.07. The company had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.85 billion. Automatic Data Processing had a return on equity of 68.82% and a net margin of 20.12%.Automatic Data Processing’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.06 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. On average, equities analysts forecast that Automatic Data Processing, Inc. will post 11.08 earnings per share for the current year.
Wall Street Analysts Forecast Growth ADP has been the subject of several recent analyst reports. Robert W. Baird decreased their price target on Automatic Data Processing from $300.00 to $270.00 in a research note on Thursday, April 30th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Automatic Data Processing in a report on Tuesday, July 7th. UBS Group boosted their target price on Automatic Data Processing from $210.00 to $218.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Morgan Stanley lowered their target price on shares of Automatic Data Processing from $311.00 to $274.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 28th. Finally, Stifel Nicolaus raised their price target on shares of Automatic Data Processing from $240.00 to $260.00 and gave the company a “hold” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $248.64.
Check Out Our Latest Report on ADP
Automatic Data Processing Profile (Free Report)
Automatic Data Processing, Inc (ADP) is a global provider of cloud-based human capital management (HCM) and payroll solutions. Founded in 1949 and headquartered in Roseland, New Jersey, ADP began as a payroll processing company and has evolved into a diversified provider of workforce management, HR, benefits administration, tax and compliance services, and analytics for employers of all sizes.
ADP’s product portfolio includes payroll processing and tax filing, time and attendance systems, benefits administration, talent management, and HR outsourcing.
Read More Five stocks we like better than Automatic Data Processing 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 ADP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report).
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Chubb Limited (NYSE:CB) will release its second quarter earnings report after the closing bell on Tuesday, July 21.
Analysts expect the Zurich, Switzerland-based company to report quarterly earnings of $6.73 per share, up from $6.14 per share in the year-ago period. The consensus estimate for Chubb’s quarterly revenue is $13.01 billion. It reported $12.39 billion last year, according to Benzinga Pro.
On May 21, Chubb raised its quarterly dividend from 97 cents to $1.02 per share and announced a $7.5 billion buyback plan.
Chubb shares gained 0.1% to close at $352.53 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying CB stock? Here’s what analysts think:
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Amova Asset Management Americas Inc. reduced its holdings in shares of Iridium Communications Inc (NASDAQ:IRDM – Free Report) by 34.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 736,973 shares of the technology company’s stock after selling 380,979 shares during the quarter. Amova Asset Management Americas Inc. owned 0.70% of Iridium Communications worth $20,444,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in IRDM. Vanguard Group Inc. grew its position in Iridium Communications by 7.1% in the 4th quarter. Vanguard Group Inc. now owns 10,157,227 shares of the technology company’s stock valued at $176,533,000 after buying an additional 677,258 shares in the last quarter. Silver Heights Capital Management Inc boosted its holdings in shares of Iridium Communications by 1.2% in the fourth quarter. Silver Heights Capital Management Inc now owns 5,251,133 shares of the technology company’s stock valued at $91,265,000 after acquiring an additional 61,430 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Iridium Communications by 130.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 396,642 shares of the technology company’s stock valued at $7,044,000 after acquiring an additional 224,322 shares during the period. JPMorgan Chase & Co. raised its holdings in Iridium Communications by 8.9% during the third quarter. JPMorgan Chase & Co. now owns 612,610 shares of the technology company’s stock worth $10,696,000 after purchasing an additional 50,239 shares in the last quarter. Finally, Maxi Investments CY Ltd bought a new stake in Iridium Communications during the fourth quarter worth approximately $7,369,000. Institutional investors and hedge funds own 84.36% of the company’s stock.
Iridium Communications Stock Down 0.6% Iridium Communications stock opened at $46.41 on Tuesday. The company has a market capitalization of $4.91 billion, a P/E ratio of 46.88, a P/E/G ratio of 2.78 and a beta of 0.87. The firm’s fifty day simple moving average is $47.65 and its 200-day simple moving average is $34.16. The company has a current ratio of 2.85, a quick ratio of 2.21 and a debt-to-equity ratio of 3.74. Iridium Communications Inc has a 1-year low of $15.65 and a 1-year high of $57.18.
Iridium Communications (NASDAQ:IRDM – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The technology company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.07). The company had revenue of $219.06 million during the quarter, compared to analyst estimates of $218.39 million. Iridium Communications had a return on equity of 22.76% and a net margin of 12.05%.Iridium Communications’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 EPS. Sell-side analysts forecast that Iridium Communications Inc will post 1.05 earnings per share for the current fiscal year.
Iridium Communications Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, June 15th. Iridium Communications’s payout ratio is presently 60.61%.
Wall Street Analysts Forecast Growth Several brokerages have recently issued reports on IRDM. New Street Research started coverage on Iridium Communications in a research report on Thursday, May 14th. They set a “neutral” rating and a $40.00 price target on the stock. William Blair cut shares of Iridium Communications from an “outperform” rating to a “hold” rating in a report on Monday, June 29th. Oppenheimer lifted their target price on Iridium Communications from $48.00 to $60.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Morgan Stanley lifted their price target on Iridium Communications from $26.00 to $54.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Iridium Communications in a research report on Friday, July 10th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $38.67.
Get Our Latest Research Report on IRDM
Iridium Communications Profile (Free Report)
Iridium Communications Inc operates a global satellite communications network that delivers voice and data services across land, sea and air. The company’s unique architecture relies on a constellation of 66 low-Earth orbit satellites, enabling real-time connectivity in regions beyond the reach of terrestrial wireless networks. Iridium’s core offerings include satellite voice and messaging services, broadband data terminals, push-to-talk (PTT) interoperability and machine-to-machine (M2M) solutions for the Internet of Things (IoT).
Iridium serves a diverse range of markets, including maritime shipping, aviation, government and defense, energy, and enterprise.
Read More Five stocks we like better than Iridium Communications 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 IRDM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Iridium Communications Inc (NASDAQ:IRDM – Free Report).
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Amova Asset Management Americas Inc. boosted its holdings in shares of Schrodinger, Inc. (NASDAQ:SDGR – Free Report) by 13.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,190,837 shares of the company’s stock after purchasing an additional 371,167 shares during the period. Amova Asset Management Americas Inc. owned about 4.32% of Schrodinger worth $36,248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its position in Schrodinger by 722.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,374 shares of the company’s stock valued at $25,000 after acquiring an additional 1,207 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Schrodinger during the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. grew its stake in shares of Schrodinger by 5,025.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,589 shares of the company’s stock worth $28,000 after purchasing an additional 1,558 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Schrodinger during the 4th quarter valued at approximately $36,000. Finally, State of Wyoming purchased a new position in shares of Schrodinger during the 2nd quarter valued at approximately $39,000. 79.05% of the stock is owned by hedge funds and other institutional investors.
Schrodinger Stock Performance Shares of NASDAQ SDGR opened at $15.00 on Tuesday. The firm has a market cap of $1.11 billion, a PE ratio of -10.64 and a beta of 1.62. The firm has a fifty day moving average of $14.93 and a 200 day moving average of $13.94. Schrodinger, Inc. has a one year low of $10.94 and a one year high of $23.75.
Schrodinger (NASDAQ:SDGR – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.81) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by ($0.25). Schrodinger had a negative net margin of 40.61% and a negative return on equity of 30.85%. The company had revenue of $58.59 million for the quarter, compared to analysts’ expectations of $47.57 million. During the same period in the previous year, the business earned ($0.82) earnings per share. The business’s revenue for the quarter was down 1.6% on a year-over-year basis. On average, equities analysts predict that Schrodinger, Inc. will post -1.89 EPS for the current fiscal year.
Analyst Ratings Changes A number of analysts recently issued reports on SDGR shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Schrodinger in a report on Wednesday, July 15th. KeyCorp decreased their price objective on shares of Schrodinger from $25.00 to $20.00 and set an “overweight” rating for the company in a research report on Wednesday, April 8th. Morgan Stanley lowered their target price on shares of Schrodinger from $19.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 14th. Finally, Wall Street Zen cut Schrodinger from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Schrodinger currently has a consensus rating of “Hold” and a consensus target price of $20.25.
View Our Latest Report on Schrodinger
Schrodinger Profile (Free Report)
Schrödinger, Inc is a life sciences and materials discovery company that specializes in the application of physics-based computational platforms to accelerate drug discovery and advanced materials design. Founded in 1990 by Professor Richard A. Friesner, Schrödinger has developed a suite of proprietary software tools—such as Maestro for molecular modeling, Glide for molecular docking and Jaguar for quantum chemistry calculations—that enable scientists to predict molecular behavior with high accuracy.
Further Reading Five stocks we like better than Schrodinger 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 SDGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schrodinger, Inc. (NASDAQ:SDGR – Free Report).
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Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 21:
Designer Brands Inc. (DBI - Free Report) : This footwear company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% the last 60 days.
This Zacks Rank #1 company has a dividend yield of 3.5%, compared with the industry average of 0.0%.
ORIX Corporation (IX - Free Report) : This financial services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 55.7% the last 60 days.
This Zacks Rank #1 company has a dividend yield of 1.5%, compared with the industry average of 0.0%.
Alerus Financial Corporation (ALRS - Free Report) : This bank holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% in the last 60 days.
This Zacks Rank #1 company has a dividend yield of 2.7%, compared with the industry average of 0.0%.
See the full list of top ranked stocks here.
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Andra AP fonden raised its stake in shares of The Sherwin-Williams Company (NYSE:SHW – Free Report) by 23.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,380 shares of the specialty chemicals company’s stock after buying an additional 14,360 shares during the quarter. Andra AP fonden’s holdings in Sherwin-Williams were worth $24,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently modified their holdings of the stock. Wilkerson Advisory Group LLC increased its holdings in shares of Sherwin-Williams by 172.4% in the first quarter. Wilkerson Advisory Group LLC now owns 79 shares of the specialty chemicals company’s stock worth $25,000 after purchasing an additional 50 shares during the last quarter. Ares Financial Consulting LLC bought a new position in Sherwin-Williams during the fourth quarter valued at approximately $27,000. Lloyd Advisory Services LLC. purchased a new position in Sherwin-Williams during the 4th quarter valued at approximately $27,000. Whipplewood Advisors LLC bought a new stake in Sherwin-Williams in the 1st quarter worth approximately $28,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Sherwin-Williams during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 77.67% of the company’s stock.
Wall Street Analysts Forecast Growth SHW has been the topic of several research reports. Berenberg Bank set a $380.00 price target on shares of Sherwin-Williams in a research report on Monday, June 8th. Wells Fargo & Company dropped their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $405.00 target price (up from $391.00) on shares of Sherwin-Williams in a report on Wednesday, July 8th. JPMorgan Chase & Co. lowered their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Finally, Mizuho dropped their price target on Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating for the company in a research report on Monday, March 23rd. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Sherwin-Williams has a consensus rating of “Moderate Buy” and a consensus price target of $374.38.
View Our Latest Stock Report on SHW
Sherwin-Williams Price Performance Sherwin-Williams stock opened at $323.98 on Tuesday. The firm has a 50-day moving average price of $319.95 and a 200-day moving average price of $332.52. The firm has a market capitalization of $79.91 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 2.86 and a beta of 1.10. The company has a current ratio of 0.86, a quick ratio of 0.53 and a debt-to-equity ratio of 2.10. The Sherwin-Williams Company has a 12-month low of $289.86 and a 12-month high of $379.65.
Sherwin-Williams (NYSE:SHW – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 EPS for the quarter, beating the consensus estimate of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The company had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same period in the prior year, the firm posted $2.25 EPS. The firm’s revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. As a group, equities research analysts forecast that The Sherwin-Williams Company will post 11.78 EPS for the current year.
Sherwin-Williams Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were paid a $0.80 dividend. The ex-dividend date was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.
About Sherwin-Williams (Free Report)
Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.
The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.
Read More Five stocks we like better than Sherwin-Williams The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story
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BFA Law is investigating whether Pentair committed securities fraud relating to destocking of inventory by its channel partners in Pentair's Pool segment amid Pentair's CFO departure.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Pentair plc. (NYSE: PNR) for potential securities fraud after its significant stock drop.
If you invested in Pentair, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/pentair-class-action-lawsuit
Key Details of the Pentair ($PNR) Class Action Investigation:
Investigation Overview: Securities fraud relating to destocking of inventory by channel partners in Pentair's Pool segment amid Pentair's CFO departure. Stock Decline: July 15, 2026 – 15% Stock Drop Action: Contact BFA Law to discuss your rights Why is Pentair Being Investigated for Securities Fraud?
Pentair is being investigated for securities fraud following a significant stock drop. The decline in Pentair's stock price caused significant losses to investors.
Pentair is a sustainable water solutions company comprised of three reportable segments: Flow, Water Solutions, and Pool. Pool is Pentair's most profitable business segment.
BFA is investigating whether Pentair misled investors by making misstatements about its inventory levels by pool industry distributors.
Why did Pentair's Stock Drop?
On July 14, 2026, after market hours, Pentair released its 2026 Q2 financial results. Pentair announced a significant 17% year-over-year decline in sales due to the adverse impact of Pool channel inventory. Pentair estimated the destocking of inventory in the Pool channel negatively impacted Pool segment sales by approximately $170 million and Pool segment income by approximately $105 million. The same day, Pentair also announced the departure of its CFO Nick Brazis, just four months after taking the position.
This news caused the price of Pentair common stock to decline $11.35 per share, or 15%, from $75.68 per share on July 14, 2026, to $64.33 per share on July 15, 2026.
Click here for more information: https://www.bfalaw.com/cases/pentair-class-action-lawsuit.
What Can You Do?
If you invested in Pentair, 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.
AlTi Global Inc. trimmed its position in Royalty Pharma PLC (NASDAQ:RPRX – Free Report) by 50.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,073 shares of the biopharmaceutical company’s stock after selling 25,554 shares during the period. AlTi Global Inc.’s holdings in Royalty Pharma were worth $1,203,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LM Advisors LLC bought a new stake in Royalty Pharma during the fourth quarter worth approximately $26,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Royalty Pharma during the 4th quarter valued at $30,000. Private Trust Co. NA boosted its stake in shares of Royalty Pharma by 52.9% during the 4th quarter. Private Trust Co. NA now owns 832 shares of the biopharmaceutical company’s stock worth $32,000 after acquiring an additional 288 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Royalty Pharma by 173.4% during the 1st quarter. Blue Trust Inc. now owns 689 shares of the biopharmaceutical company’s stock worth $33,000 after acquiring an additional 437 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Royalty Pharma by 66.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,118 shares of the biopharmaceutical company’s stock worth $43,000 after acquiring an additional 446 shares during the last quarter. 54.35% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades Several equities research analysts have recently commented on RPRX shares. Wall Street Zen raised Royalty Pharma from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. UBS Group lifted their price target on Royalty Pharma from $51.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Weiss Ratings downgraded Royalty Pharma from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 15th. Morgan Stanley upped their price objective on shares of Royalty Pharma from $61.00 to $63.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Royalty Pharma from $50.00 to $58.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Seven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $56.57.
View Our Latest Stock Analysis on Royalty Pharma
Royalty Pharma Stock Down 1.5% Shares of Royalty Pharma stock opened at $57.29 on Tuesday. The stock has a 50-day moving average price of $55.12 and a 200 day moving average price of $48.72. The company has a market cap of $32.99 billion, a P/E ratio of 38.97, a P/E/G ratio of 10.30 and a beta of 0.43. The company has a current ratio of 2.66, a quick ratio of 2.66 and a debt-to-equity ratio of 0.86. Royalty Pharma PLC has a 1 year low of $34.08 and a 1 year high of $59.44.
Royalty Pharma (NASDAQ:RPRX – Get Free Report) last released its earnings results on Wednesday, May 6th. The biopharmaceutical company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.08. The company had revenue of $630.58 million for the quarter, compared to analysts’ expectations of $881.69 million. Royalty Pharma had a return on equity of 29.25% and a net margin of 33.88%. As a group, analysts expect that Royalty Pharma PLC will post 5.18 EPS for the current fiscal year.
Royalty Pharma Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be paid a $0.235 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 1.6%. Royalty Pharma’s dividend payout ratio is 63.95%.
Insider Transactions at Royalty Pharma In related news, EVP Christopher Hite sold 100,000 shares of Royalty Pharma stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $56.52, for a total transaction of $5,652,000.00. Following the completion of the sale, the executive vice president owned 459,399 shares of the company’s stock, valued at approximately $25,965,231.48. This trade represents a 17.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gregory Norden sold 3,045 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $53.00, for a total value of $161,385.00. Following the completion of the transaction, the director owned 191,803 shares in the company, valued at $10,165,559. This trade represents a 1.56% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 427,800 shares of company stock valued at $23,333,723 in the last three months. 18.84% of the stock is currently owned by insiders.
Royalty Pharma Company Profile (Free Report)
Royalty Pharma plc is a specialty finance company that acquires biopharmaceutical royalty interests and provides non-dilutive financing to drug developers and rights holders. The firm purchases future royalty streams, milestone-contingent payments and other revenue rights linked to approved and late-stage pharmaceutical and biotechnology products. By paying upfront consideration for these rights, Royalty Pharma seeks to generate long-term cash flows tied to the commercial performance of a diversified portfolio of medicines.
The company’s transaction structures include outright royalty purchases, structured financings and milestone arrangements tailored to the needs of innovator companies, academic institutions and investors.
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HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today net income of $534 million, or $0.64 per diluted share, for the second quarter of 2026 and adjusted net income4, excluding “Impairments and other credits,” of $461 million, or $0.55 per diluted share. This compares to net income for the first quarter of 2026 of $461 million, or $0.55 per diluted share. Halliburton's total revenue for the second quarter of 2026 was $5.7 billion, compared to total revenue of $5.4 billion in.
The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson (UNITED STATES - Tags: BUSINESS LOGO ENERGY) Purchase Licensing Rights, opens new tab
July 21 (Reuters) - Halliburton (HAL.N), opens new tab posted a rise in second-quarter profit on Tuesday, as steady demand for its equipment in Latin America, Europe and Africa offset declining activity in the Middle East due to the Iran war.
The Middle East conflict has dominated energy markets this year as repeated flare-ups keep a crucial oil-producing region on edge, even though crude oil prices have not skyrocketed as feared at the start of the war in February.
The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
Now in its fifth month, the conflict has taken a hit on industry bellwethers SLB (SLB.N), opens new tab, Halliburton and Baker Hughes (BKR.O), opens new tab, which reported the sharpest quarterly decline in Middle East revenue in over a year in the first quarter.
But an increase in activity in regions such as Latin America helped weather weakness in the Middle East.
During the second quarter, Halliburton's total revenue was $5.71 billion, compared with $5.51 billion a year earlier.
The U.S. oilfield services provider said its net income came in at $534 million, or 64 cents per share, for the three months ended June 30, compared with $472 million, or 55 cents per share, a year earlier.
Reporting by Vallari Srivastava in Bengaluru
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Amova Asset Management Americas Inc. boosted its position in shares of Cameco Corporation (NYSE:CCJ – Free Report) (TSE:CCO) by 37.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 522,864 shares of the basic materials company’s stock after buying an additional 143,113 shares during the quarter. Amova Asset Management Americas Inc. owned 0.12% of Cameco worth $56,788,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of CCJ. AlTi Global Inc. grew its stake in shares of Cameco by 17.8% in the 1st quarter. AlTi Global Inc. now owns 158,650 shares of the basic materials company’s stock worth $18,261,000 after purchasing an additional 24,020 shares during the last quarter. Earned Wealth Advisors LLC acquired a new stake in Cameco during the first quarter valued at approximately $209,000. Hollencrest Capital Management lifted its stake in Cameco by 2.4% during the first quarter. Hollencrest Capital Management now owns 43,111 shares of the basic materials company’s stock valued at $4,682,000 after purchasing an additional 990 shares during the last quarter. Meeder Advisory Services Inc. bought a new stake in Cameco during the first quarter worth approximately $230,000. Finally, WCM Investment Management LLC bought a new stake in Cameco during the first quarter worth approximately $35,342,000. 70.21% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets Several research analysts have issued reports on CCJ shares. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $135.00 price target on shares of Cameco in a report on Monday, June 15th. Scotiabank reissued an “outperform” rating and set a $175.00 price objective on shares of Cameco in a research note on Wednesday, May 6th. Royal Bank Of Canada lifted their target price on Cameco from $160.00 to $175.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Citigroup reaffirmed a “positive” rating on shares of Cameco in a report on Wednesday, July 15th. Finally, Bank of America dropped their price target on Cameco from $143.00 to $140.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $146.18.
Get Our Latest Report on Cameco
Cameco Stock Performance Shares of NYSE CCJ opened at $84.84 on Tuesday. The business’s 50-day moving average price is $103.12 and its two-hundred day moving average price is $110.75. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.08 and a quick ratio of 2.09. Cameco Corporation has a one year low of $68.96 and a one year high of $135.24. The company has a market capitalization of $36.95 billion, a P/E ratio of 78.55, a price-to-earnings-growth ratio of 1.40 and a beta of 1.02.
Cameco (NYSE:CCJ – Get Free Report) (TSE:CCO) last posted its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. The company had revenue of $607.49 million during the quarter, compared to the consensus estimate of $598.63 million. Cameco had a return on equity of 11.05% and a net margin of 18.38%.The business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period last year, the business earned $0.16 EPS. Analysts anticipate that Cameco Corporation will post 1.29 earnings per share for the current fiscal year.
Cameco Company Profile (Free Report)
Cameco Corporation (NYSE: CCJ) is a leading producer of uranium and a supplier to the global nuclear power industry. Headquartered in Saskatoon, Saskatchewan, Canada, the company is engaged in the exploration, mining, milling and sale of uranium concentrate, commonly known as yellowcake, which is used as fuel for nuclear reactors. Cameco also participates in services and activities that support the front end of the nuclear fuel cycle, including processing and marketing of uranium to utilities under long‑term and spot contracts.
The company’s operations have historically centered in Canada and the United States, where it operates and develops uranium mining and processing properties.
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VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that LINAK, a Danish manufacturer of electric linear actuators, generated new sales quotes from a single targeted display campaign, its first measurable marketing return in years, according to the company. LINAK US is the United States business of a manufacturer with more than 30 subsidiaries worldwide. For more than three years, it had run on a competitor marketing platform. The team found i.
A securities fraud class action lawsuit has been filed on behalf of ZoomInfo investors after its stock plummeted nearly 33% because ZoomInfo allegedly misled investors regarding its customer retention.
, /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ZoomInfo Technologies Inc. (NASDAQ:GTM) and certain of the Company's senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in ZoomInfo, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
Key Details of the ZoomInfo ($GTM) Class Action:
Lead Plaintiff Deadline: August 24, 2026 Alleged Misconduct: Securities fraud alleging that ZoomInfo misled investors regarding the impact of ZoomInfo's AI-integrated products on customer retention Stock Drop: May 12, 2026 – 33% Stock Drop Court: U.S. District Court for the Western District of Washington Action: Contact BFA Law to discuss your rights Investors have until August 24, 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 ZoomInfo securities. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned Tejeda v. ZoomInfo Technologies et al., No. 26-cv-05696.
Why is ZoomInfo Being Sued for Securities Fraud?
ZoomInfo has been sued for securities fraud following a significant stock drop resulting from potential violations of the federal securities laws. The decline in ZoomInfo's stock price caused significant losses to investors.
ZoomInfo provides go-to-market ("GTM") intelligence and a customer engagement platform for sales, marketing, operations, and recruiting professionals.
Throughout the relevant period, ZoomInfo allegedly stated that "the demand for AI for GTM is evident up and down our customer stack." According to ZoomInfo, its "innovative go-to-market AI" was "driving stronger daily engagement from a diverse set of go-to-market personas."
On February 9, 2026, ZoomInfo issued its 2026 revenue guidance "in the range of $1.247 billion to $1.267 billion," because "in 2026, our focus is on bringing" ZoomInfo's "all-in-one AI platform for go-to-market teams . . . to our customers at scale."
In truth, as alleged, ZoomInfo's customer retention declined as customers were rejecting ZoomInfo's AI products.
Why did ZoomInfo's Stock Drop?
On May 11, 2026, ZoomInfo announced its Q1 2026 results and slashed its 2026 revenue guidance from $1.247-$1.267 billion to $1.185-$1.205 billion. ZoomInfo revealed that its customer growth "regressed" due to "AI and agentic confusion" leading to "a pause in [customers'] purchasing decisions[.]"
This news caused the price of ZoomInfo stock to decline $1.98 per share, or 32.78%, from a closing price of $6.04 per share on May 11, 2026, to $4.06 per share on May 12, 2026.
Click here for more information: https://www.bfalaw.com/cases/zoominfo-class-action-lawsuit.
What Can You Do?
If you invested in ZoomInfo, 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. cut its stake in shares of DraftKings Inc. (NASDAQ:DKNG – Free Report) by 34.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,330,602 shares of the company’s stock after selling 1,207,787 shares during the quarter. Amova Asset Management Americas Inc. owned 0.47% of DraftKings worth $50,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also bought and sold shares of DKNG. Dagco Inc. bought a new position in DraftKings in the fourth quarter valued at $26,000. Ascentis Independent Advisors purchased a new position in shares of DraftKings during the 1st quarter valued at about $27,000. Montag A & Associates Inc. lifted its position in DraftKings by 82.5% in the 4th quarter. Montag A & Associates Inc. now owns 1,106 shares of the company’s stock worth $38,000 after buying an additional 500 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in DraftKings in the 4th quarter worth approximately $39,000. Finally, SHP Wealth Management purchased a new stake in DraftKings in the fourth quarter worth approximately $42,000. 37.70% of the stock is currently owned by institutional investors.
DraftKings Stock Performance Shares of NASDAQ:DKNG opened at $24.32 on Tuesday. The company has a market cap of $12.07 billion, a price-to-earnings ratio of 405.33 and a beta of 1.65. The company has a 50-day moving average price of $25.80 and a 200-day moving average price of $26.02. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 3.03. DraftKings Inc. has a 12 month low of $20.46 and a 12 month high of $48.78.
DraftKings (NASDAQ:DKNG – Get Free Report) last posted its earnings results on Friday, May 8th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.02). DraftKings had a return on equity of 13.51% and a net margin of 0.93%.The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the business earned ($0.07) earnings per share. The firm’s revenue for the quarter was up 16.8% compared to the same quarter last year. As a group, equities analysts anticipate that DraftKings Inc. will post 0.54 EPS for the current year.
Analyst Ratings Changes Several research analysts have commented on the stock. Mizuho lifted their price target on shares of DraftKings from $44.00 to $45.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. increased their target price on shares of DraftKings from $31.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Truist Financial decreased their target price on shares of DraftKings from $30.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of DraftKings from $26.00 to $28.00 and gave the stock a “hold” rating in a research note on Thursday, July 9th. Finally, Scotiabank raised DraftKings to an “outperform” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $34.43.
Check Out Our Latest Research Report on DKNG
Insiders Place Their Bets In other news, insider R Stanton Dodge sold 62,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $29.68, for a total value of $1,855,000.00. Following the completion of the sale, the insider directly owned 556,258 shares of the company’s stock, valued at approximately $16,509,737.44. This trade represents a 10.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Woodrow Levin sold 34,234 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $25.71, for a total transaction of $880,156.14. Following the completion of the transaction, the director directly owned 29,820 shares of the company’s stock, valued at approximately $766,672.20. The trade was a 53.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 97,596 shares of company stock valued at $2,756,991 in the last ninety days. 47.18% of the stock is currently owned by insiders.
DraftKings Company Profile (Free Report)
DraftKings Inc is a leading digital sports entertainment and gaming company specializing in daily fantasy sports, sports betting and iGaming products. The company provides an integrated platform where users can participate in daily fantasy contests, place wagers on professional sports events, and enjoy a range of online casino-style games. DraftKings’ proprietary technology supports real-time odds, live scoring and advanced analytics to enhance the user experience across mobile and desktop applications.
Founded in 2012 by co-founders Jason Robins, Matthew Kalish and Paul Liberman, DraftKings began as a daily fantasy sports provider and rapidly expanded into regulated sports betting following legislative changes in the United States.
Featured Stories Five stocks we like better than DraftKings 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 DKNG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DraftKings Inc. (NASDAQ:DKNG – Free Report).
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Andra AP fonden decreased its holdings in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 61.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 178,739 shares of the semiconductor company’s stock after selling 284,061 shares during the quarter. Andra AP fonden’s holdings in Lam Research were worth $38,189,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cedar Mountain Advisors LLC increased its stake in shares of Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after buying an additional 85 shares during the last quarter. Vermillion Wealth Management Inc. bought a new position in Lam Research during the 1st quarter valued at $26,000. PMV Capital Advisers LLC bought a new position in Lam Research during the 4th quarter valued at $25,000. Bayban acquired a new position in Lam Research during the 4th quarter worth $26,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in Lam Research during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.
Insider Activity In other Lam Research news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the sale, the director owned 199,205 shares in the company, valued at $69,881,114. The trade was a 21.48% 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 104,621 shares of company stock worth $33,804,737 in the last 90 days. 0.31% of the stock is currently owned by insiders.
Key Stories Impacting Lam Research Here are the key news stories impacting Lam Research this week:
Positive Sentiment: Lam Research joined the AI Materials Foundry as a founding partner, a new CuspAI-led initiative focused on using AI and shared lab resources to speed up discovery of advanced semiconductor materials, which could support future product and technology demand. Lam Research (LRCX) Joins AI Materials Foundry To Help Shape Future Chip Materials Positive Sentiment: Lam Research was highlighted by Zacks as one of the semiconductor names benefiting from the AI boom, which continues to drive demand for advanced chips and equipment. 3 Stocks to Buy From the Prospering Semiconductor Industry Positive Sentiment: Another Zacks note said LRCX is among the tech stocks likely to deliver earnings surprises this season, reinforcing expectations for solid near-term fundamentals. 4 Top-Ranked Tech Stocks Set to Beat Expectations This Earnings Season Neutral Sentiment: Brokerages reportedly maintained a consensus “Moderate Buy” rating on Lam Research, suggesting Wall Street remains constructive but not overly aggressive on the stock. Lam Research Corporation Given Consensus Recommendation of “Moderate Buy” by Brokerages Neutral Sentiment: Oppenheimer included LRCX on its “best of the best” momentum list, another sign of positive sentiment but not a new fundamental catalyst by itself. Oppenheimer’s ‘best of the best’ momentum list: NVDA, LRCX and more Negative Sentiment: Lam Research slipped more than the broader market in the latest session, reflecting near-term pressure on the shares. Lam Research (LRCX) Dips More Than Broader Market: What You Should Know Negative Sentiment: Broader semiconductor stocks have entered a bear market, and investors are questioning whether the AI-driven rally has overheated, which is weighing on the entire chip group including LRCX. Semiconductor stocks enter bear market: Is bubble burst next? Negative Sentiment: A Bloomberg report noted that investors are pressuring big AI spenders to justify their capital outlays, adding caution to the semiconductor and AI hardware trade. Big Tech Needs to Justify AI Spending as Investors Dump Stocks Lam Research Price Performance LRCX opened at $306.76 on Tuesday. The firm has a market cap of $383.62 billion, a price-to-earnings ratio of 57.88, a price-to-earnings-growth ratio of 1.86 and a beta of 1.80. Lam Research Corporation has a fifty-two week low of $90.93 and a fifty-two week high of $438.50. The company’s 50-day moving average price is $339.79 and its 200 day moving average price is $270.54. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.
Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. Lam Research’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, sell-side analysts expect that Lam Research Corporation will post 5.68 earnings per share for the current year.
Lam Research Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is 19.62%.
Analysts Set New Price Targets A number of equities research analysts have recently issued reports on the stock. Rothschild & Co Redburn upped their target price on shares of Lam Research from $305.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. JPMorgan Chase & Co. lifted their price target on Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. BNP Paribas Exane boosted their price objective on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Raymond James Financial set a $425.00 price objective on Lam Research in a research note on Wednesday, June 10th. Finally, Sanford C. Bernstein lifted their target price on Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $360.51.
View Our Latest Report on Lam Research
Lam Research Company Profile (Free Report)
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
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Allspring Global Investments Holdings LLC trimmed its position in shares of Cigna Group (NYSE:CI – Free Report) by 66.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 94,516 shares of the health services provider’s stock after selling 185,718 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Cigna Group were worth $25,266,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilkerson Advisory Group LLC bought a new position in Cigna Group in the 4th quarter valued at $25,000. Beacon Financial Strategies CORP bought a new position in shares of Cigna Group in the fourth quarter worth about $28,000. Kemnay Advisory Services Inc. bought a new position in shares of Cigna Group in the fourth quarter worth about $29,000. Prosperity Bancshares Inc purchased a new position in Cigna Group in the 4th quarter worth about $29,000. Finally, Cedar Mountain Advisors LLC increased its stake in Cigna Group by 161.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 110 shares of the health services provider’s stock worth $29,000 after buying an additional 68 shares during the period. 86.99% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Cigna Group In other news, CEO David Cordani sold 201,878 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $292.82, for a total value of $59,113,915.96. Following the sale, the chief executive officer directly owned 34,337 shares in the company, valued at approximately $10,054,560.34. This trade represents a 85.46% 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. Also, CAO Jamie G. Kates sold 899 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $298.61, for a total transaction of $268,450.39. Following the transaction, the chief accounting officer owned 2,368 shares of the company’s stock, valued at approximately $707,108.48. This trade represents a 27.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is owned by company insiders.
Cigna Group Price Performance NYSE CI opened at $284.01 on Tuesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.73 and a current ratio of 0.73. The firm’s 50 day moving average price is $286.59 and its 200-day moving average price is $280.48. Cigna Group has a 52-week low of $239.51 and a 52-week high of $315.47. The company has a market cap of $75.13 billion, a PE ratio of 12.04, a P/E/G ratio of 1.08 and a beta of 0.29.
Cigna Group (NYSE:CI – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The health services provider reported $7.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.60 by $0.19. The company had revenue of $68.52 billion for the quarter, compared to analyst estimates of $66.29 billion. Cigna Group had a net margin of 2.26% and a return on equity of 19.75%. Cigna Group’s revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company posted $6.74 earnings per share. Cigna Group has set its FY 2026 guidance at 30.350- EPS. Sell-side analysts forecast that Cigna Group will post 30.39 EPS for the current fiscal year.
Cigna Group Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a dividend of $1.56 per share. This represents a $6.24 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Thursday, June 4th. Cigna Group’s dividend payout ratio is 26.45%.
Wall Street Analyst Weigh In Several equities research analysts have issued reports on the stock. The Goldman Sachs Group boosted their price objective on shares of Cigna Group from $335.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of Cigna Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Sanford C. Bernstein boosted their price target on Cigna Group from $371.00 to $381.00 and gave the company an “outperform” rating in a report on Thursday, July 9th. UBS Group increased their price objective on Cigna Group from $375.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, Morgan Stanley raised their price objective on Cigna Group from $355.00 to $361.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Cigna Group has an average rating of “Moderate Buy” and an average target price of $338.80.
Check Out Our Latest Research Report on CI
Cigna Group Profile (Free Report)
Cigna Group (NYSE: CI) is a global health services company that offers a broad portfolio of healthcare products and insurance solutions for individuals, employers, and governments. Its core businesses include medical and behavioral health plans, dental and vision coverage, pharmacy benefit management, and supplemental health products. Cigna serves a mix of commercial, Medicare, and Medicaid customers and provides workplace benefits such as group health plans and disability and life benefits for employers.
In addition to traditional insurance products, Cigna operates health services and care-delivery platforms designed to manage costs and improve outcomes.
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ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI #earnings--D.R. Horton reported net income for the third fiscal quarter of 2026 of $904.9 million and earnings per diluted share of $3.20.
Company Announces Quarterly Common Stock Dividend of $0.34 Per Share
, /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its second quarter 2026 results for the fiscal year ending June 30, 2026. The earnings news release and presentation can be found on the company's Investor Relations website at https://investors.synchrony.com/financial-information/financial-results.
Today at 8:00 a.m. Eastern Time, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under Events and Presentations. A replay will also be available on the website.
The Company also announced that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.34 per share of common stock. The dividend is payable on August 17, 2026 to holders of record at the close of business on August 5, 2026. The Board also declared a quarterly cash dividend on the outstanding shares of its 5.625% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock"), 8.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock") and 7.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C (the "Series C Preferred Stock"). Each outstanding share of the Series A Preferred Stock and Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share. Each outstanding share of the Series C Preferred Stock is represented by depositary shares, each representing a 1/100th interest in a share. The dividends of approximately $14.06 per share on the Series A Preferred Stock (equivalent to $0.351563 per outstanding depositary share), approximately $20.63 per share on the Series B Preferred Stock (equivalent to $0.515625 per outstanding depositary share) and approximately $1,409.72 per share on the Series C Preferred Stock (equivalent to $14.09722 per outstanding depositary share) are payable on August 17, 2026 to holders of record at the close of business on August 5, 2026.
About Synchrony
Synchrony (NYSE: SYF) is a leading consumer financing company that has been at the heart of American commerce and opportunity for nearly a century. Synchrony delivers credit and banking products that empower tens of millions of consumers to improve their financial lives and access what matters most. Leveraging innovative solutions that are shaping the future of retail commerce, Synchrony supports the growth and success of some of the nation's most respected brands, alongside hundreds of thousands of small and midsize businesses, including health and wellness providers. Committed to excellence in service and culture, Synchrony is honored to be ranked the #1 Best Company to Work For® in the U.S. by Fortune magazine and Great Place to Work®. For more information, visit www.synchrony.com.
Contacts
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SummaryYum! Brands faces a cyclosporiasis outbreak, but the impact appears less severe than past industry incidents, with no fatalities and effective recalls underway.I revise my price target on YUM to ~$165.60 per share, reflecting a modest 12.6% upside from current levels and factoring in a minor EBITDA headwind.I reissue a 'Buy' rating, citing satisfactory total return potential when including YUM's 2% dividend yield and prospective share buybacks.Key risks include outbreak duration, potential EBITDA impact of $2.6–$2.7B, and possible market multiple compression to ~18x EBITDA.Rattankun Thongbun/iStock via Getty Images
It's not every day that 'explosive diarrhea' becomes an investment topic, but here we are.
Yum! Brands (YUM) was back in everyone's mouth this week because of the cyclosporiasis outbreak that started in May.
Well, I
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Amova Asset Management Americas Inc. reduced its holdings in shares of Corteva, Inc. (NYSE:CTVA – Free Report) by 6.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 274,132 shares of the company’s stock after selling 18,258 shares during the quarter. Amova Asset Management Americas Inc.’s holdings in Corteva were worth $22,948,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its stake in Corteva by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 80,536,951 shares of the company’s stock worth $5,398,392,000 after purchasing an additional 317,538 shares during the last quarter. State Street Corp lifted its position in shares of Corteva by 3.7% during the 4th quarter. State Street Corp now owns 36,570,876 shares of the company’s stock worth $2,451,346,000 after buying an additional 1,290,071 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Corteva by 4.3% during the 4th quarter. Franklin Resources Inc. now owns 19,537,500 shares of the company’s stock worth $1,309,599,000 after buying an additional 805,873 shares during the last quarter. Harris Associates L P boosted its holdings in shares of Corteva by 168.1% in the 4th quarter. Harris Associates L P now owns 17,026,221 shares of the company’s stock valued at $1,141,268,000 after buying an additional 10,675,052 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Corteva by 5.0% in the 4th quarter. Northern Trust Corp now owns 11,731,834 shares of the company’s stock valued at $786,385,000 after buying an additional 562,550 shares during the last quarter. Institutional investors and hedge funds own 81.54% of the company’s stock.
Corteva Price Performance Shares of NYSE:CTVA opened at $86.85 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.47 and a debt-to-equity ratio of 0.07. The company has a market cap of $58.09 billion, a P/E ratio of 51.09, a PEG ratio of 2.67 and a beta of 0.56. Corteva, Inc. has a 52 week low of $60.53 and a 52 week high of $88.21. The company has a 50-day moving average price of $80.94 and a 200 day moving average price of $78.40.
Corteva (NYSE:CTVA – Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.32. The company had revenue of $4.91 billion for the quarter, compared to analysts’ expectations of $4.64 billion. Corteva had a return on equity of 9.95% and a net margin of 6.50%.The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.13 EPS. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. Research analysts predict that Corteva, Inc. will post 3.72 earnings per share for the current year.
Corteva Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.18 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. Corteva’s payout ratio is 42.35%.
Wall Street Analysts Forecast Growth Several equities analysts have issued reports on the stock. Mizuho upped their price objective on shares of Corteva from $96.00 to $97.00 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Berenberg Bank lifted their price target on Corteva from $68.00 to $78.00 and gave the stock a “hold” rating in a research report on Thursday, March 26th. Morgan Stanley boosted their price objective on Corteva from $84.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. The Goldman Sachs Group raised their target price on shares of Corteva from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Finally, Bank of America upped their price target on shares of Corteva from $90.00 to $96.00 and gave the company a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $89.62.
View Our Latest Stock Analysis on Corteva
About Corteva (Free Report)
Corteva, Inc (NYSE: CTVA) is an independent global agriculture company that was established as a publicly traded firm in mid‑2019 following the separation of the agriculture businesses from DowDuPont. The company focuses on delivering technologies and products that help farmers increase productivity and manage crop health. Corteva’s operations combine seed genetics, crop protection chemistries, digital tools and biological solutions to address the full cycle of crop production.
Core business activities include research and development of seed genetics and trait technologies, formulation and sale of crop protection products (such as herbicides, insecticides and fungicides), and the development of seed treatments and biologicals.
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AlTi Global Inc. lifted its stake in shares of Paramount Skydance Corporation (NASDAQ:PSKY – Free Report) by 104.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 125,977 shares of the company’s stock after purchasing an additional 64,492 shares during the period. AlTi Global Inc.’s holdings in Paramount Skydance were worth $1,139,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of PSKY. SG Americas Securities LLC lifted its holdings in shares of Paramount Skydance by 56.3% in the fourth quarter. SG Americas Securities LLC now owns 774,273 shares of the company’s stock valued at $10,375,000 after purchasing an additional 279,045 shares in the last quarter. Vanguard Group Inc. lifted its stake in Paramount Skydance by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 36,006,077 shares of the company’s stock valued at $482,481,000 after acquiring an additional 132,613 shares in the last quarter. MTCO Ltd. boosted its position in Paramount Skydance by 92.9% during the 4th quarter. MTCO Ltd. now owns 2,700,000 shares of the company’s stock worth $36,180,000 after acquiring an additional 1,300,000 shares during the last quarter. Hoertkorn Richard Charles acquired a new position in Paramount Skydance during the 4th quarter worth approximately $3,708,000. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Paramount Skydance during the 1st quarter worth approximately $1,623,000. 73.00% of the stock is owned by institutional investors.
Paramount Skydance Stock Performance NASDAQ PSKY opened at $8.57 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The firm’s fifty day moving average price is $10.04 and its two-hundred day moving average price is $10.63. Paramount Skydance Corporation has a 1 year low of $8.56 and a 1 year high of $20.86. The firm has a market capitalization of $9.59 billion, a P/E ratio of 15.04, a price-to-earnings-growth ratio of 0.58 and a beta of 1.43.
Paramount Skydance (NASDAQ:PSKY – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.08. The company had revenue of $7.35 billion during the quarter. Paramount Skydance had a negative net margin of 2.08% and a positive return on equity of 4.58%. During the same period last year, the business earned $0.22 EPS. As a group, research analysts anticipate that Paramount Skydance Corporation will post 0.62 EPS for the current year.
Paramount Skydance News Summary Here are the key news stories impacting Paramount Skydance this week:
Negative Sentiment: A federal judge granted a 14-day temporary restraining order, pausing the Paramount Skydance-Warner Bros. Discovery merger while the court reviews a lawsuit from 12 state attorneys general over antitrust concerns. Judge orders Paramount to temporarily pause Warner Bros acquisition Negative Sentiment: Multiple reports say the pause creates new execution risk for PSKY’s blockbuster merger plan, raising the chance of delay, renegotiation, or a more difficult path to closing the transaction. Paramount and Warner Bros. merger hit with temporary restraining order Neutral Sentiment: Commentary around the deal suggests the legal setback is the main driver for PSKY trading near record lows, with investors now waiting for the court process and any response from the companies. Paramount Stock Drops After Judge Temporarily Pauses Warner Bros. Acquisition Analyst Upgrades and Downgrades A number of brokerages have recently commented on PSKY. Weiss Ratings reissued a “sell (d-)” rating on shares of Paramount Skydance in a research report on Wednesday, June 24th. Wells Fargo & Company decreased their target price on shares of Paramount Skydance from $8.00 to $7.00 and set an “underweight” rating for the company in a research report on Tuesday, May 5th. Guggenheim lowered their price target on shares of Paramount Skydance from $14.00 to $12.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Morgan Stanley raised shares of Paramount Skydance from an “underweight” rating to an “overweight” rating and boosted their price target for the stock from $11.00 to $14.00 in a research report on Thursday, April 30th. Finally, Arete Research restated a “sell” rating and set a $2.00 price objective on shares of Paramount Skydance in a research note on Thursday, July 9th. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat.com, Paramount Skydance has a consensus rating of “Reduce” and an average price target of $12.00.
Read Our Latest Report on Paramount Skydance
About Paramount Skydance (Free Report)
Paramount Skydance Media Group (Nasdaq: PSKY) is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.
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Amova Asset Management Americas Inc. raised its holdings in shares of Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report) by 15.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,240,796 shares of the company’s stock after purchasing an additional 685,041 shares during the quarter. Robinhood Markets accounts for about 5.1% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 3rd largest position. Amova Asset Management Americas Inc. owned about 0.58% of Robinhood Markets worth $362,925,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in HOOD. Sound Income Strategies LLC raised its position in Robinhood Markets by 152.6% during the fourth quarter. Sound Income Strategies LLC now owns 240 shares of the company’s stock valued at $26,000 after purchasing an additional 145 shares during the period. CYBER HORNET ETFs LLC increased its position in shares of Robinhood Markets by 527.8% during the 4th quarter. CYBER HORNET ETFs LLC now owns 226 shares of the company’s stock valued at $26,000 after purchasing an additional 190 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in Robinhood Markets during the 4th quarter valued at $27,000. MV Capital Management Inc. bought a new stake in Robinhood Markets in the fourth quarter worth $27,000. Finally, Swiss RE Ltd. purchased a new position in Robinhood Markets during the fourth quarter worth $27,000. 93.27% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets Several research firms have recently issued reports on HOOD. The Goldman Sachs Group raised their target price on shares of Robinhood Markets from $121.00 to $137.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. China Renaissance initiated coverage on shares of Robinhood Markets in a research note on Tuesday, July 7th. They set a “buy” rating for the company. Wall Street Zen upgraded shares of Robinhood Markets from a “strong sell” rating to a “sell” rating in a report on Sunday, July 12th. Truist Financial decreased their price objective on shares of Robinhood Markets from $120.00 to $100.00 and set a “buy” rating for the company in a report on Monday, April 13th. Finally, Sanford C. Bernstein boosted their price objective on shares of Robinhood Markets from $130.00 to $160.00 and gave the company an “outperform” rating in a research report on Monday. Twenty-one equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $120.00.
Read Our Latest Analysis on Robinhood Markets
Robinhood Markets News Roundup Here are the key news stories impacting Robinhood Markets this week:
Positive Sentiment: Bernstein raised its price target on Robinhood Markets (HOOD) to $160 from $130 and reiterated an Outperform rating, citing upside from retail trading shifts and the company’s growth in prediction markets. Analyst raises Robinhood price target in a bold new call Positive Sentiment: Bernstein also said Robinhood’s prediction markets could become a roughly $1.7 billion business, reinforcing the view that a newer revenue stream may be more important than the market previously expected. HOOD Stock Gains After Bernstein Says Prediction Markets Could Become A $1.7B Business For Robinhood Positive Sentiment: Investor interest in Robinhood-linked crypto activity remains strong, highlighted by a trader turning $80,000 into $1.25 million in Cash Cat, which adds to the market’s enthusiasm around Robinhood-adjacent speculative trading. Trader Turns $80,000 Into $1.25 Million on Robinhood-Linked Meme Coin Neutral Sentiment: Robinhood’s second-quarter earnings are due July 29, and some options traders are positioning for possible weakness into the report, suggesting near-term volatility could rise. This Trade Can Work If Robinhood Turns Lower With Earnings On Deck Neutral Sentiment: News about Rothera’s event-contract infrastructure buildout and broader Robinhood Chain activity is supportive of the ecosystem, but the direct near-term impact on HOOD shares is less clear. Rothera Selects Connamara Systems to Build Innovative Reference Management System for Event Contracts Negative Sentiment: Some commentary from Warren Buffett about investors “preferring gambling” underscores the speculative tone in parts of the market, which could weigh on sentiment if risk appetite cools. Warren Buffett Looks for Value in Today’s Market But Comes Up Empty Robinhood Markets Trading Down 0.7% NASDAQ:HOOD opened at $99.28 on Tuesday. The company has a market cap of $89.40 billion, a PE ratio of 47.96, a P/E/G ratio of 2.11 and a beta of 2.33. Robinhood Markets, Inc. has a twelve month low of $63.51 and a twelve month high of $153.86. The company’s 50 day moving average is $94.63 and its two-hundred day moving average is $88.77.
Robinhood Markets (NASDAQ:HOOD – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Robinhood Markets had a return on equity of 21.39% and a net margin of 41.12%.The company’s quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.37 EPS. As a group, analysts expect that Robinhood Markets, Inc. will post 1.86 EPS for the current fiscal year.
Insider Buying and Selling at Robinhood Markets In other news, insider Daniel Martin Gallagher, Jr. sold 10,000 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $116.14, for a total value of $1,161,400.00. Following the transaction, the insider directly owned 471,396 shares of the company’s stock, valued at approximately $54,747,931.44. This represents a 2.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven M. Quirk sold 19,377 shares of Robinhood Markets stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $119.96, for a total value of $2,324,464.92. Following the sale, the insider directly owned 62,612 shares of the company’s stock, valued at $7,510,935.52. This trade represents a 23.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have bought 680,000 shares of company stock worth $55,306,560 and have sold 587,875 shares worth $62,602,915. 13.48% of the stock is owned by company insiders.
Robinhood Markets Profile (Free Report)
Robinhood Markets, Inc (NASDAQ: HOOD) is a U.S.-based financial services company best known for its mobile-first brokerage platform that aims to “democratize finance for all.” Founded in 2013 by Vladimir Tenev and Baiju Bhatt and headquartered in Menlo Park, California, the company built early traction by offering commission-free trading and a simplified user experience that attracted a large base of retail investors.
Robinhood’s core products and services include a mobile app and web platform for trading U.S.
Featured Stories Five stocks we like better than Robinhood Markets 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 HOOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Robinhood Markets, Inc. (NASDAQ:HOOD – Free Report).
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Amova Asset Management Americas Inc. acquired a new position in shares of BioNTech SE Sponsored ADR (NASDAQ:BNTX – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 77,694 shares of the company’s stock, valued at approximately $6,905,000.
A number of other large investors have also recently made changes to their positions in the stock. GSK plc acquired a new stake in shares of BioNTech during the 4th quarter worth approximately $84,711,000. BNP Paribas Financial Markets lifted its stake in shares of BioNTech by 43.0% in the 4th quarter. BNP Paribas Financial Markets now owns 1,578,094 shares of the company’s stock valued at $150,235,000 after purchasing an additional 474,796 shares during the period. Bank of America Corp DE boosted its holdings in BioNTech by 344.4% during the third quarter. Bank of America Corp DE now owns 573,356 shares of the company’s stock worth $56,544,000 after buying an additional 444,332 shares in the last quarter. Voloridge Investment Management LLC acquired a new stake in BioNTech during the fourth quarter valued at $41,656,000. Finally, Davern Capital Partners LP acquired a new stake in BioNTech during the fourth quarter valued at $35,340,000. 15.52% of the stock is owned by hedge funds and other institutional investors.
BioNTech Trading Up 0.7% Shares of BNTX opened at $92.16 on Tuesday. BioNTech SE Sponsored ADR has a 52-week low of $79.52 and a 52-week high of $124.00. The stock has a market cap of $23.31 billion, a PE ratio of -15.67 and a beta of 1.32. The firm’s fifty day moving average is $91.32 and its two-hundred day moving average is $97.81. The company has a quick ratio of 8.74, a current ratio of 8.80 and a debt-to-equity ratio of 0.01.
BioNTech (NASDAQ:BNTX – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported ($2.26) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.52) by $0.26. BioNTech had a negative return on equity of 5.30% and a negative net margin of 44.39%.The company had revenue of $136.71 million during the quarter, compared to analysts’ expectations of $207.42 million. During the same period in the prior year, the business earned ($1.73) EPS. The firm’s quarterly revenue was down 35.4% on a year-over-year basis. Research analysts forecast that BioNTech SE Sponsored ADR will post -5.79 earnings per share for the current fiscal year.
BioNTech announced that its board has initiated a stock buyback plan on Thursday, May 7th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 4.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.
Wall Street Analysts Forecast Growth Several analysts have commented on BNTX shares. Wells Fargo & Company dropped their price objective on BioNTech from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. UBS Group raised BioNTech from a “neutral” rating to a “buy” rating and upped their target price for the stock from $117.00 to $135.00 in a research note on Wednesday, May 27th. Truist Financial upgraded BioNTech to a “strong-buy” rating in a research report on Wednesday, March 25th. Morgan Stanley dropped their price target on shares of BioNTech from $126.00 to $119.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 8th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of BioNTech in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.12.
View Our Latest Report on BioNTech
Insider Activity at BioNTech In other news, COO Sierk Poetting sold 50,000 shares of the stock in a transaction on Wednesday, April 22nd. The stock was sold at an average price of $110.56, for a total transaction of $5,528,000.00. Following the completion of the transaction, the chief operating officer directly owned 399,387 shares in the company, valued at approximately $44,156,226.72. This represents a 11.13% 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. Insiders own 19.20% of the company’s stock.
BioNTech Company Profile (Free Report)
BioNTech SE (NASDAQ: BNTX) is a Germany-based biotechnology company that develops next-generation immunotherapies and vaccines, with a primary focus on messenger RNA (mRNA) technology. Founded in 2008 and headquartered in Mainz, BioNTech advances a platform approach to design and manufacture therapeutics across oncology, infectious diseases and other high unmet-need areas. The company is publicly traded on the NASDAQ exchange and became widely known for its rapid development and global deployment of an mRNA-based COVID-19 vaccine in collaboration with Pfizer.
BioNTech’s core activities include discovery research, clinical development and manufacturing of mRNA-based medicines, personalized cancer immunotherapies, engineered cell therapies, and antibody- and protein-based therapeutics.
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MAINZ, Germany, July 21 , 2026 (GLOBE NEWSWIRE) – BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) will announce its financial results for the second quarter 2026 on Tuesday, August 4, 2026. Additionally, the Company will host a conference call and webcast that day at 8:00 a.m. ET (2:00 p.m. CET) for investors, financial analysts and the general public to discuss its financial results and provide a corporate update.
Amova Asset Management Americas Inc. reduced its stake in Rocket Lab Corporation (NASDAQ:RKLB – Free Report) by 4.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 493,908 shares of the rocket manufacturer’s stock after selling 23,652 shares during the period. Amova Asset Management Americas Inc. owned approximately 0.09% of Rocket Lab worth $31,694,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Swedbank AB boosted its position in shares of Rocket Lab by 8.2% in the 4th quarter. Swedbank AB now owns 509,250 shares of the rocket manufacturer’s stock worth $35,525,000 after purchasing an additional 38,770 shares in the last quarter. Vanguard Group Inc. lifted its position in Rocket Lab by 13.4% during the fourth quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after purchasing an additional 5,610,469 shares during the period. Katamaran Capital LLP lifted its holdings in Rocket Lab by 86.2% in the first quarter. Katamaran Capital LLP now owns 19,808 shares of the rocket manufacturer’s stock valued at $1,272,000 after acquiring an additional 9,172 shares during the period. Westfield Capital Management Co. LP grew its position in Rocket Lab by 6.3% during the fourth quarter. Westfield Capital Management Co. LP now owns 2,592,443 shares of the rocket manufacturer’s stock valued at $180,849,000 after buying an additional 154,623 shares during the period. Finally, Baillie Gifford & Co. boosted its stake in shares of Rocket Lab by 47.2% during the 4th quarter. Baillie Gifford & Co. now owns 17,851,446 shares of the rocket manufacturer’s stock worth $1,245,317,000 after acquiring an additional 5,725,536 shares in the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.
Analyst Ratings Changes RKLB has been the subject of several recent analyst reports. Piper Sandler initiated coverage on shares of Rocket Lab in a report on Wednesday, July 15th. They issued a “neutral” rating and a $83.00 price target for the company. KGI Securities assumed coverage on Rocket Lab in a research report on Thursday, June 11th. They issued a “neutral” rating and a $105.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $96.00 price target on shares of Rocket Lab in a research note on Tuesday, June 30th. TD Cowen boosted their price target on Rocket Lab from $90.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Citigroup reissued an “outperform” rating on shares of Rocket Lab in a research note on Tuesday, June 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $110.18.
Read Our Latest Analysis on Rocket Lab
Insider Activity at Rocket Lab In other Rocket Lab news, CFO Adam C. Spice sold 62,744 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $142.57, for a total value of $8,945,412.08. Following the completion of the sale, the chief financial officer directly owned 983,049 shares in the company, valued at $140,153,295.93. This represents a 6.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Arjun Kampani sold 88,000 shares of Rocket Lab stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $107.98, for a total transaction of $9,502,240.00. Following the transaction, the senior vice president directly owned 264,705 shares in the company, valued at $28,582,845.90. This trade represents a 24.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 3,849,294 shares of company stock valued at $362,816,208 in the last three months. Company insiders own 8.40% of the company’s stock.
More Rocket Lab News Here are the key news stories impacting Rocket Lab this week:
Neutral Sentiment: Recent articles highlight that RKLB has been falling quickly, with traders and retail investors debating whether the stock is now oversold or still has further downside. Should You Buy Rocket Lab Stock Below $70? Neutral Sentiment: Despite the selloff, some retail investors remain bullish on Rocket Lab, arguing that a future catalyst could help the stock recover if execution improves. Reddit Still Believes in Rocket Lab Even as Shares Slide: Inside the Retail Sentiment Neutral Sentiment: One article noted Rocket Lab’s shares have declined more than the broader market in the latest session, underscoring the recent weak momentum in the name. Rocket Lab Corporation (RKLB) Declines More Than Market: Some Information for Investors Neutral Sentiment: Coverage also points to Rocket Lab’s growing competition with SpaceX, with investors watching whether RKLB can establish itself as a stronger direct rival in the space launch market. Rocket Lab’s Latest Deal Puts It on a Collision Course With SpaceX Negative Sentiment: Sentiment in one piece suggested that SpaceX-related market enthusiasm may be fading, which is spilling over into Rocket Lab and weighing on the stock. SpaceX’s IPO Shine Fades, Taking ASTS And RKLB With It — But There Are 2 Surprise Winners This Month Rocket Lab Stock Down 2.8% Shares of NASDAQ RKLB opened at $65.74 on Tuesday. The stock has a market cap of $38.05 billion, a PE ratio of -205.44 and a beta of 2.54. The company has a current ratio of 4.47, a quick ratio of 4.02 and a debt-to-equity ratio of 0.02. Rocket Lab Corporation has a 12-month low of $37.57 and a 12-month high of $151.00. The company has a 50-day moving average of $106.94 and a 200 day moving average of $87.24.
Rocket Lab (NASDAQ:RKLB – Get Free Report) last released its earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.07). Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The business had revenue of $200.35 million for the quarter, compared to analyst estimates of $189.65 million. During the same period last year, the company posted ($0.12) EPS. The business’s revenue was up 63.4% on a year-over-year basis. As a group, sell-side analysts predict that Rocket Lab Corporation will post -0.26 EPS for the current fiscal year.
Rocket Lab Profile (Free Report)
Rocket Lab is an aerospace company that provides launch services, spacecraft, and space systems for commercial and government customers. The company’s primary launch vehicle is Electron, a small-lift orbital rocket designed to deploy small satellites and rideshare payloads to low Earth orbit. Rocket Lab also develops and manufactures the Rutherford engine, noted for its electric-pump-fed design and additive-manufactured components, which powers Electron and supports the company’s propulsion capabilities.
Further Reading Five stocks we like better than Rocket Lab 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 RKLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rocket Lab Corporation (NASDAQ:RKLB – Free Report).
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Andra AP fonden lessened its position in Incyte Corporation (NASDAQ:INCY – Free Report) by 34.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 259,048 shares of the biopharmaceutical company’s stock after selling 137,252 shares during the quarter. Andra AP fonden owned about 0.13% of Incyte worth $24,382,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Nordea Investment Management AB boosted its stake in Incyte by 941.8% during the fourth quarter. Nordea Investment Management AB now owns 322,223 shares of the biopharmaceutical company’s stock worth $31,874,000 after buying an additional 291,293 shares in the last quarter. Toth Financial Advisory Corp bought a new position in shares of Incyte during the 4th quarter worth about $1,213,000. Fairvoy Private Wealth LLC boosted its position in shares of Incyte by 468.8% during the 4th quarter. Fairvoy Private Wealth LLC now owns 30,169 shares of the biopharmaceutical company’s stock valued at $2,980,000 after acquiring an additional 24,865 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Incyte by 627.8% during the 4th quarter. SG Americas Securities LLC now owns 186,790 shares of the biopharmaceutical company’s stock valued at $18,449,000 after acquiring an additional 161,124 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Incyte by 11.5% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 210,097 shares of the biopharmaceutical company’s stock valued at $20,719,000 after acquiring an additional 21,735 shares during the period. Institutional investors and hedge funds own 96.97% of the company’s stock.
Incyte Stock Down 1.4% Shares of NASDAQ:INCY opened at $115.65 on Tuesday. The company has a quick ratio of 3.60, a current ratio of 3.68 and a debt-to-equity ratio of 0.01. The firm has a market cap of $23.10 billion, a P/E ratio of 16.33, a P/E/G ratio of 1.06 and a beta of 0.76. Incyte Corporation has a 12 month low of $67.17 and a 12 month high of $119.60. The company’s 50-day moving average price is $105.29 and its two-hundred day moving average price is $101.16.
Incyte (NASDAQ:INCY – Get Free Report) last announced its earnings results on Tuesday, April 28th. The biopharmaceutical company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.43. Incyte had a net margin of 26.71% and a return on equity of 26.66%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the business earned $1.16 earnings per share. Incyte’s quarterly revenue was up 20.9% on a year-over-year basis. As a group, research analysts forecast that Incyte Corporation will post 6.61 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth A number of equities research analysts have weighed in on INCY shares. Barclays lifted their price objective on Incyte from $117.00 to $134.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Oppenheimer reiterated a “market perform” rating and issued a $107.00 price target on shares of Incyte in a research report on Monday, June 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Incyte in a report on Monday, June 29th. Sanford C. Bernstein started coverage on shares of Incyte in a report on Thursday, May 21st. They issued a “market perform” rating and a $99.00 target price on the stock. Finally, TD Cowen reissued a “hold” rating on shares of Incyte in a report on Tuesday, June 9th. Eight equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $109.95.
View Our Latest Stock Analysis on Incyte
About Incyte (Free Report)
Incyte Corporation is a Wilmington, Delaware–based biopharmaceutical company focused on the discovery, development and commercialization of novel therapies in oncology and inflammation. Since its founding in 2002, Incyte has grown from a small research organization into a global enterprise, advancing a portfolio of internally developed and partnered assets. The company’s research and development efforts center on small-molecule drugs and biologics that modulate critical signaling pathways implicated in cancer, autoimmune disorders and rare diseases.
The company’s flagship product is Jakafi® (ruxolitinib), a Janus kinase (JAK) inhibitor approved for the treatment of myelofibrosis and polycythemia vera.
Read More Five stocks we like better than Incyte 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 INCY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Incyte Corporation (NASDAQ:INCY – Free Report).
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« PREVIOUS HEADLINEAndra AP fonden Trims Stock Holdings in Medtronic PLC $MDT
Allspring Global Investments Holdings LLC trimmed its stake in Terreno Realty Corporation (NYSE:TRNO – Free Report) by 5.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 382,310 shares of the real estate investment trust’s stock after selling 21,057 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.36% of Terreno Realty worth $23,615,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of TRNO. State Street Corp increased its position in shares of Terreno Realty by 4.0% during the second quarter. State Street Corp now owns 5,944,559 shares of the real estate investment trust’s stock valued at $336,139,000 after acquiring an additional 230,444 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Terreno Realty by 246.6% during the 1st quarter. Principal Financial Group Inc. now owns 4,188,453 shares of the real estate investment trust’s stock valued at $257,257,000 after purchasing an additional 2,979,982 shares during the last quarter. Norges Bank bought a new stake in shares of Terreno Realty in the 4th quarter worth $168,221,000. Geode Capital Management LLC increased its holdings in shares of Terreno Realty by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 2,718,337 shares of the real estate investment trust’s stock worth $159,620,000 after purchasing an additional 17,921 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Terreno Realty by 3.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,078,910 shares of the real estate investment trust’s stock worth $122,053,000 after purchasing an additional 72,909 shares during the last quarter.
Analyst Upgrades and Downgrades TRNO has been the topic of a number of research analyst reports. Wells Fargo & Company lowered their price target on Terreno Realty from $68.00 to $64.00 and set an “equal weight” rating on the stock in a report on Monday, June 1st. Weiss Ratings raised Terreno Realty from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Scotiabank lowered their target price on shares of Terreno Realty from $70.00 to $68.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. KeyCorp restated an “overweight” rating on shares of Terreno Realty in a research note on Tuesday, June 23rd. Finally, Raymond James Financial started coverage on shares of Terreno Realty in a report on Wednesday, June 17th. They set an “underperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.86.
Get Our Latest Report on Terreno Realty
Terreno Realty Trading Down 1.3% Shares of NYSE:TRNO opened at $74.07 on Tuesday. The stock has a market capitalization of $7.87 billion, a price-to-earnings ratio of 18.11 and a beta of 1.05. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.91 and a current ratio of 0.91. The stock’s 50-day simple moving average is $66.76 and its two-hundred day simple moving average is $64.59. Terreno Realty Corporation has a 52-week low of $53.00 and a 52-week high of $78.94.
Terreno Realty (NYSE:TRNO – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.36. The company had revenue of $124.44 million for the quarter, compared to the consensus estimate of $122.60 million. Terreno Realty had a net margin of 86.44% and a return on equity of 10.35%. Analysts expect that Terreno Realty Corporation will post 2.81 EPS for the current year.
Terreno Realty Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.8%. Terreno Realty’s payout ratio is presently 50.86%.
Terreno Realty Company Profile (Free Report)
Terreno Realty Corporation (NYSE: TRNO) is a real estate investment trust specializing in the acquisition, ownership and operation of industrial properties in key coastal markets across the United States. The company’s portfolio primarily consists of bulk distribution, warehouse and light-industrial assets that serve a diverse tenant base, including third-party logistics providers, e-commerce companies and manufacturers. Terreno aims to generate stable rental income while pursuing long-term capital appreciation through targeted investment and active asset management.
Terreno focuses on eight major coastal regions, emphasizing markets with strong supply-and-demand fundamentals and barriers to new development.
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July 21, 2026 06:54 ET | Source: Northrop Grumman Corporation
FALLS CHURCH, Va., July 21, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its second quarter 2026 financial results. A copy of the earnings release has been furnished in the company’s Form 8-K filing and is also available on the company's investor relations website at http://investor.northropgrumman.com.
Earnings Call Webcast
As previously announced, Northrop Grumman will webcast its earnings conference call at 9:30 a.m. Eastern time today. A live audio broadcast of the conference call will be available on http://investor.northropgrumman.com.
About Northrop Grumman
Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers’ toughest problems, our employees define possible every day.
Amova Asset Management Americas Inc. decreased its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Free Report) by 10.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,144,337 shares of the aerospace company’s stock after selling 137,350 shares during the quarter. Amova Asset Management Americas Inc. owned 0.61% of Kratos Defense & Security Solutions worth $80,664,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mcguire Capital Advisors Inc. bought a new stake in shares of Kratos Defense & Security Solutions in the 4th quarter worth about $25,000. Atlantic Union Bankshares Corp lifted its holdings in shares of Kratos Defense & Security Solutions by 7,600.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 380 shares during the last quarter. Murphy & Mullick Capital Management Corp grew its position in Kratos Defense & Security Solutions by 115.4% in the fourth quarter. Murphy & Mullick Capital Management Corp now owns 420 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 225 shares in the last quarter. Vision Retirement LLC grew its position in Kratos Defense & Security Solutions by 288.2% in the first quarter. Vision Retirement LLC now owns 427 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 317 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in Kratos Defense & Security Solutions during the fourth quarter worth approximately $37,000. 75.92% of the stock is currently owned by institutional investors.
Kratos Defense & Security Solutions Trading Down 0.2% Shares of KTOS opened at $45.94 on Tuesday. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 270.24 and a beta of 1.07. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.63 and a quick ratio of 5.08. Kratos Defense & Security Solutions, Inc. has a 1-year low of $45.58 and a 1-year high of $134.00. The company has a 50-day moving average of $54.04 and a 200 day moving average of $75.53.
Kratos Defense & Security Solutions (NASDAQ:KTOS – Get Free Report) last issued its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. The business had revenue of $371.00 million for the quarter, compared to analyst estimates of $345.00 million. During the same period last year, the company posted $0.12 earnings per share. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. On average, research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.48 EPS for the current year.
Analyst Ratings Changes KTOS has been the subject of several analyst reports. Truist Financial raised Kratos Defense & Security Solutions to a “strong-buy” rating in a research note on Friday, May 1st. The Goldman Sachs Group decreased their price target on Kratos Defense & Security Solutions from $100.00 to $89.00 and set a “buy” rating on the stock in a report on Tuesday, July 14th. Wedbush started coverage on Kratos Defense & Security Solutions in a research report on Tuesday, June 30th. They issued an “outperform” rating and a $85.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $80.00 price target on shares of Kratos Defense & Security Solutions in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions has an average rating of “Moderate Buy” and a consensus target price of $101.29.
View Our Latest Report on Kratos Defense & Security Solutions
Insider Transactions at Kratos Defense & Security Solutions In related news, SVP Marie Mendoza sold 1,500 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $57.93, for a total value of $86,895.00. Following the completion of the sale, the senior vice president directly owned 64,447 shares of the company’s stock, valued at $3,733,414.71. This represents a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Deanna H. Lund sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $52.85, for a total transaction of $264,250.00. Following the transaction, the chief financial officer directly owned 285,405 shares in the company, valued at $15,083,654.25. This trade represents a 1.72% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 148,036 shares of company stock valued at $8,455,857 over the last three months. 1.50% of the stock is currently owned by corporate insiders.
Kratos Defense & Security Solutions Company Profile (Free Report)
Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.
In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.
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Zions (ZION - Free Report) reported $879 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 3.3%. EPS of $1.74 for the same period compares to $1.58 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $879.16 million, representing a surprise of -0.02%. The company delivered an EPS surprise of +10.83%, with the consensus EPS estimate being $1.57.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Zions performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 62.2% versus the five-analyst average estimate of 62.7%.Net interest margin: 3.3% versus 3.4% estimated by five analysts on average.Average balance - Total interest-earning assets: $84.35 billion versus the four-analyst average estimate of $82.99 billion.Net charge-offs to average loans and leases: 0.1% compared to the 0.1% average estimate based on four analysts.Total nonaccrual Loan: $292 million versus $306.75 million estimated by three analysts on average.Total nonperforming assets: $298 million compared to the $317.58 million average estimate based on three analysts.Tier 1 risk-based capital ratio: 11.9% versus the two-analyst average estimate of 11.8%.Total risk-based capital ratio: 14% compared to the 14% average estimate based on two analysts.Tier 1 leverage ratio: 9.4% versus the two-analyst average estimate of 9.3%.Total Noninterest Income: $460 million versus the five-analyst average estimate of $189.81 million.Commercial account fees: $49 million compared to the $49.14 million average estimate based on four analysts.Other customer-related fees: $16 million compared to the $15.03 million average estimate based on four analysts.View all Key Company Metrics for Zions here>>>
Shares of Zions have returned +9.2% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
(We are reissuing this article to correct a mistake. The original article, issued on July 20, 2026, should no longer be relied upon.)
Capital One Financial Corporation (NYSE:COF) will release its second quarter earnings report after the closing bell on Tuesday, July 21.
Analysts expect the McLean, Virginia-based company to report quarterly earnings of $4.74 per share, down from $5.48 per share in the year-ago period. The consensus estimate for Capital One Financial’s quarterly revenue is $15.77 billion. It reported $12.49 billion last year, according to Benzinga Pro.
On June 25, Capital One and Junior Achievement of Canada announced the launch of a national partnership to invest in youth financial literacy.
Capital One Financial shares fell 0.6% to close at $206.77 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying COF stock? Here’s what analysts think:
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Kinsale Capital Group (NYSE:KNSL – Get Free Report) is projected to post its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $5.09 per share and revenue of $445.1350 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:00 AM ET.
Kinsale Capital Group (NYSE:KNSL – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $5.11 EPS for the quarter, topping analysts’ consensus estimates of $4.70 by $0.41. The firm had revenue of $466.71 million during the quarter, compared to analysts’ expectations of $410.25 million. Kinsale Capital Group had a return on equity of 25.82% and a net margin of 27.48%.The firm’s quarterly revenue was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $3.71 EPS. On average, analysts expect Kinsale Capital Group to post $21 EPS for the current fiscal year and $22 EPS for the next fiscal year.
Kinsale Capital Group Price Performance NYSE:KNSL opened at $350.31 on Tuesday. The firm has a market cap of $8.08 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.11 and a beta of 0.90. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.11. The company’s 50-day moving average is $318.62 and its two-hundred day moving average is $350.60. Kinsale Capital Group has a 12-month low of $287.20 and a 12-month high of $512.76.
Kinsale Capital Group Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Thursday, May 28th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.00 annualized dividend and a dividend yield of 0.3%. Kinsale Capital Group’s dividend payout ratio is presently 4.40%.
Insiders Place Their Bets In other news, insider Salmaan K. Allibhai sold 250 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $311.17, for a total value of $77,792.50. Following the transaction, the insider directly owned 3,645 shares in the company, valued at $1,134,214.65. This trade represents a 6.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Michael P. Kehoe sold 22,576 shares of Kinsale Capital Group stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $302.66, for a total transaction of $6,832,852.16. Following the transaction, the chief executive officer directly owned 308,048 shares in the company, valued at approximately $93,233,807.68. This trade represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 5.60% of the stock is currently owned by insiders.
Institutional Trading of Kinsale Capital Group A number of institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its position in shares of Kinsale Capital Group by 0.5% in the fourth quarter. Invesco Ltd. now owns 276,090 shares of the financial services provider’s stock worth $107,984,000 after buying an additional 1,366 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Kinsale Capital Group by 8.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,491 shares of the financial services provider’s stock worth $974,000 after acquiring an additional 201 shares during the period. Cim LLC boosted its holdings in Kinsale Capital Group by 4.5% in the 4th quarter. Cim LLC now owns 3,146 shares of the financial services provider’s stock worth $1,230,000 after acquiring an additional 136 shares during the period. Empowered Funds LLC grew its position in Kinsale Capital Group by 238.1% in the fourth quarter. Empowered Funds LLC now owns 8,497 shares of the financial services provider’s stock valued at $3,323,000 after acquiring an additional 5,984 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Kinsale Capital Group in the fourth quarter valued at approximately $4,409,000. 85.36% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes KNSL has been the topic of a number of recent analyst reports. Royal Bank Of Canada reduced their price target on Kinsale Capital Group from $385.00 to $375.00 and set a “sector perform” rating on the stock in a research note on Monday, April 27th. Wall Street Zen raised Kinsale Capital Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. upped their target price on Kinsale Capital Group from $380.00 to $390.00 and gave the company a “neutral” rating in a research note on Monday. Wells Fargo & Company increased their target price on Kinsale Capital Group from $357.00 to $366.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Finally, Truist Financial decreased their price target on Kinsale Capital Group from $450.00 to $405.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $373.80.
View Our Latest Report on Kinsale Capital Group
Kinsale Capital Group Company Profile (Get Free Report)
Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.
The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.
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Revenue of $1.96 billion, up 7% year-over-year Net interest income up 9% year-over-year and 2% sequentially; net interest margin of 2.89% increased 2 bps sequentially Period-end loans up $1.2 billion sequentially, with commercial and industrial loans up $2.1 billion or 3% Net charge-offs of 42 bps; allowance coverage ratio declined 4 bps sequentially to 1.56% Common Equity Tier 1 ratio of 11.2% (a) ; repurchased $341 million of common shares during the quarter CLEVELAND, July 21, 2026 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced net income from continuing operations attributable to Key common shareholders of $472 million, or $0.44 per diluted common share,for the second quarter of 2026. For the first quarter of 2026, net income from continuing operations attributable to Key common shareholders was $486 million, or $0.44 per diluted common share.
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Amova Asset Management Americas Inc. grew its stake in Heico Corporation (NYSE:HEI – Free Report) by 80.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,049 shares of the aerospace company’s stock after acquiring an additional 12,085 shares during the quarter. Amova Asset Management Americas Inc.’s holdings in Heico were worth $7,415,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HEI. Acadian Asset Management LLC boosted its position in Heico by 216.7% during the first quarter. Acadian Asset Management LLC now owns 1,381 shares of the aerospace company’s stock worth $368,000 after acquiring an additional 945 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new position in Heico in the 2nd quarter valued at $2,338,000. PDT Partners LLC lifted its stake in shares of Heico by 52.6% during the 2nd quarter. PDT Partners LLC now owns 39,019 shares of the aerospace company’s stock worth $12,798,000 after purchasing an additional 13,443 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Heico by 10.8% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 4,794 shares of the aerospace company’s stock worth $1,572,000 after purchasing an additional 468 shares during the period. Finally, IHT Wealth Management LLC boosted its holdings in shares of Heico by 2.1% during the second quarter. IHT Wealth Management LLC now owns 5,717 shares of the aerospace company’s stock worth $1,875,000 after purchasing an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company’s stock.
Heico Stock Performance Shares of HEI stock opened at $341.07 on Tuesday. The company’s fifty day simple moving average is $331.59 and its 200-day simple moving average is $317.81. The company has a current ratio of 2.92, a quick ratio of 1.36 and a debt-to-equity ratio of 0.53. Heico Corporation has a 52 week low of $256.11 and a 52 week high of $369.48. The company has a market cap of $47.63 billion, a PE ratio of 60.90, a P/E/G ratio of 3.55 and a beta of 1.03.
Heico (NYSE:HEI – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The aerospace company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.33 by $0.33. The company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.25 billion. Heico had a return on equity of 17.52% and a net margin of 16.08%.The firm’s revenue was up 25.3% compared to the same quarter last year. During the same period last year, the company posted $1.12 earnings per share. As a group, equities research analysts anticipate that Heico Corporation will post 5.95 EPS for the current year.
Heico Announces Dividend The business also recently declared a dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a dividend yield of 7.0%. Heico’s dividend payout ratio (DPR) is presently 4.64%.
Insider Buying and Selling In related news, CAO Bradley K. Rowen sold 1,326 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $241.63, for a total value of $320,401.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 4.86% of the company’s stock.
Wall Street Analyst Weigh In Several equities analysts recently commented on the company. UBS Group reiterated a “neutral” rating and issued a $390.00 target price (up from $371.00) on shares of Heico in a research note on Monday, June 1st. Morgan Stanley set a $370.00 price target on Heico in a report on Wednesday, July 15th. Wells Fargo & Company set a $350.00 price objective on shares of Heico and gave the company an “equal weight” rating in a research note on Monday, June 1st. Truist Financial raised shares of Heico to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Royal Bank Of Canada boosted their target price on shares of Heico from $375.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, May 29th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Heico currently has an average rating of “Moderate Buy” and a consensus price target of $374.56.
Check Out Our Latest Stock Analysis on HEI
Heico Profile (Free Report)
HEICO Corporation is an aerospace, defense and electronics company that designs, manufactures, and sells a range of products and provides repair and aftermarket services. Headquartered in Hollywood, Florida, HEICO supplies replacement components, repair services and engineered systems for commercial and business aviation, military and space markets as well as for selected industrial and medical customers. The company’s offerings are focused on sustaining and improving the reliability and availability of complex equipment across its end markets.
HEICO operates through two principal business areas.
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Allspring Global Investments Holdings LLC grew its position in shares of CONMED Corporation (NYSE:CNMD – Free Report) by 39.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 582,733 shares of the company’s stock after buying an additional 166,301 shares during the quarter. Allspring Global Investments Holdings LLC owned 1.94% of CONMED worth $20,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new stake in shares of CONMED during the 4th quarter valued at about $26,000. Kelleher Financial Advisors bought a new position in shares of CONMED in the 3rd quarter worth approximately $28,000. Aster Capital Management DIFC Ltd boosted its holdings in shares of CONMED by 409.2% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 723 shares of the company’s stock worth $29,000 after buying an additional 581 shares during the last quarter. Quarry LP boosted its holdings in shares of CONMED by 244.8% in the third quarter. Quarry LP now owns 869 shares of the company’s stock worth $41,000 after buying an additional 617 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in CONMED by 48.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,043 shares of the company’s stock valued at $42,000 after buying an additional 341 shares during the period.
Analyst Ratings Changes Several research firms have weighed in on CNMD. Zacks Research downgraded shares of CONMED from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Bank of America restated an “underperform” rating and issued a $40.00 price objective on shares of CONMED in a research note on Monday, June 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of CONMED in a report on Thursday, June 4th. Wells Fargo & Company set a $39.00 target price on CONMED in a research report on Monday, July 13th. Finally, BMO Capital Markets initiated coverage on CONMED in a report on Wednesday, July 8th. They set a “market perform” rating and a $36.00 price target for the company. Five analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, CONMED currently has an average rating of “Reduce” and a consensus target price of $38.80.
Check Out Our Latest Stock Analysis on CNMD
CONMED Price Performance CNMD stock opened at $43.51 on Tuesday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.04 and a current ratio of 2.29. The company’s fifty day moving average price is $35.98 and its 200-day moving average price is $38.36. CONMED Corporation has a one year low of $31.44 and a one year high of $56.63. The company has a market capitalization of $1.31 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 3.19 and a beta of 0.93.
CONMED (NYSE:CNMD – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.07. The company had revenue of $317.05 million for the quarter, compared to the consensus estimate of $310.64 million. CONMED had a net margin of 4.00% and a return on equity of 13.84%. CONMED’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.95 EPS. On average, equities analysts anticipate that CONMED Corporation will post 4.38 EPS for the current fiscal year.
CONMED Profile (Free Report)
CONMED Corporation (NYSE: CNMD) is a global medical technology company headquartered in Utica, New York. Founded in 1970, CONMED develops, manufactures and markets a broad portfolio of surgical devices and accessories for minimally invasive procedures. The company’s product line supports surgeons and healthcare providers in specialties including orthopedics, general surgery, gastroenterology and gynecology.
CONMED operates two principal segments: Orthopedics, and Visualization & Energy.
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