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2026-07-24 11:51 3d ago
2026-07-24 06:30 3d ago
Magnificent 7 Payout Ratio Drops to 37%: Fidelity's Jurrien Timmer Asks if it's 'The End of an Era?' as MAGS ETF Falls the Most in 15 Months
GOOGL Alphabet
FMP Stock News
Original source text
Big Tech’s AI Capex Squeeze Signals Market ShiftDeconstructing this trend, Fidelity’s Director of Global Macro Jurrien Timmer highlighted that massive capital expenditures are heavily crowding out shareholder returns, driving the group’s payout ratio down to 37%. The payout ratio represents the proportion of a company’s cash flow or earnings distributed to shareholders through dividends and stock buybacks.

Timmer noted that the Mag 7 index has “only drifted sideways since October 2025,” while its relative price against the broader S&P 500 continues to diverge lower.

With cash flows redirected toward AI infrastructure instead of buybacks and dividends, Timmer asked whether the market is witnessing “the end of an era?” for mega-cap dominance.

Record Value Wiped Out as Capex AcceleratesThe market rout erased roughly $797 billion in combined market capitalization across the Magnificent 7, marking their steepest sell-off since April 2025.

Alphabet reported negative free cash flow for the first time as a public company due to massive AI infrastructure costs, joined by broader macro headwinds including rising oil prices and Treasury yields.

Concurrently, Brent Schutte of Northwestern Mutual Wealth Management advised investors to pivot toward companies with actual earnings rather than paying for valuations dependent upon outcomes that “may or may not actually happen.”

Growing Case for Equal-Weight StrategiesAs capital expenditures accelerate, investment managers warn that historical leadership from mega-caps is fading.

Astoria Advisors noted that “rich valuations are the case for the Mag 7,” observing that as these firms ramp up spending, returns have been “flat to slightly down.”

Stressing that “diversification still matters,” Astoria recommends reallocating capital into equal-weight strategies and financial sectors to manage risk appropriately.

How Has MAGS Performed In 2026?MAGS ETF declined by 4.63% year-to-date, up 0.14% over the last month, and higher by 9.74% over the year. It closed 4.63% lower at $63.23 apiece on Thursday, and it was up 0.94% in premarket trading on Friday.

Benzinga’s Edge Stock Rankings indicate that MAGS maintains a weak price trend in the long, short, and medium terms, with a moderate momentum score.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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2026-07-24 11:51 3d ago
2026-07-24 07:30 3d ago
Alphabet: The AI Bill Is Bigger, But The Thesis Still Works
GOOGL Alphabet
FMP Stock News
Original source text
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-07-24 11:51 3d ago
2026-07-24 04:07 3d ago
Cullinan Associates Inc. Has $24.52 Million Position in Amazon.com, Inc. $AMZN
AMZN Amazon
FMP Stock News
Original source text
Cullinan Associates Inc. trimmed its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 9.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,753 shares of the e-commerce giant’s stock after selling 12,960 shares during the period. Amazon.com comprises 2.0% of Cullinan Associates Inc.’s holdings, making the stock its 11th largest position. Cullinan Associates Inc.’s holdings in Amazon.com were worth $24,524,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Amazon.com by 1.1% in the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the last quarter. State Street Corp increased its holdings in shares of Amazon.com by 1.8% during the 4th quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock worth $89,708,913,000 after acquiring an additional 6,971,680 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Amazon.com by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock worth $51,753,622,000 after acquiring an additional 2,479,324 shares during the last quarter. Norges Bank bought a new stake in Amazon.com in the 4th quarter valued at $32,868,735,000. Finally, Auto Owners Insurance Co raised its stake in Amazon.com by 27,376.7% in the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock valued at $2,272,397,000 after acquiring an additional 98,090,585 shares during the period. Institutional investors own 72.20% of the company’s stock.

Amazon.com Trading Down 4.6% Shares of AMZN stock opened at $233.66 on Friday. The firm has a market capitalization of $2.51 trillion, a P/E ratio of 27.95, a P/E/G ratio of 1.82 and a beta of 1.46. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $278.56. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $248.90 and its 200 day simple moving average is $236.35.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The firm had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter last year, the firm earned $1.59 earnings per share. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. As a group, sell-side analysts predict that Amazon.com, Inc. will post 7.75 EPS for the current fiscal year.

Amazon.com News Roundup Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts continue to see Amazon as a leading AI beneficiary, with AWS growth expected to stay strong into earnings. Amazon Viewed as Leading AI Beneficiary, AWS Acceleration Supports Buy Rating with Price Target Unchanged at $310 Positive Sentiment: India loosened e-commerce investment rules for exports, which could help Amazon expand cross-border sales. India relaxes e-commerce investment rules for exports in win for Amazon Positive Sentiment: Amazon is adding games to Prime Video and integrating Luna, supporting its bundled services strategy. Amazon is bringing games to Prime Video Neutral Sentiment: Amazon reorganized its artificial general intelligence team, with layoffs framed as a reset to focus on higher-priority AI initiatives. Amazon cuts some jobs in its artificial general intelligence unit Negative Sentiment: A U.S. Senate panel is probing whether Amazon allowed Chinese influence to affect marketplace decisions, raising regulatory risk. Amazon Faces Senate Probe Over Alleged China Influence Negative Sentiment: Investors are questioning whether Amazon’s aggressive AI capex plans could pressure margins and earnings near term. Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks Wall Street Analyst Weigh In Several analysts recently commented on the stock. Benchmark lifted their target price on shares of Amazon.com from $275.00 to $370.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Monness Crespi & Hardt increased their price target on shares of Amazon.com from $280.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Needham & Company LLC raised their price objective on shares of Amazon.com from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. TD Cowen restated a “buy” rating and set a $340.00 price objective (down from $350.00) on shares of Amazon.com in a report on Wednesday, July 8th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $335.00 target price on shares of Amazon.com in a research report on Thursday, July 9th. Fifty-seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $312.91.

View Our Latest Research Report on Amazon.com

Insider Buying and Selling at Amazon.com In related news, CEO Andrew R. Jassy sold 31,352 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total transaction of $8,621,800.00. Following the transaction, the chief executive officer owned 2,175,766 shares in the company, valued at $598,335,650. The trade was a 1.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jonathan Rubinstein sold 3,706 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $273.02, for a total transaction of $1,011,812.12. Following the transaction, the director owned 74,948 shares in the company, valued at $20,462,302.96. This represents a 4.71% 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 have sold 140,425 shares of company stock valued at $37,715,464 over the last three months. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Read More Five stocks we like better than Amazon.com Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.
2026-07-24 11:51 3d ago
2026-07-24 04:07 3d ago
Citizens Financial Group Inc. RI Decreases Stock Holdings in Amazon.com, Inc. $AMZN
AMZN Amazon
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Citizens Financial Group Inc. RI reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 669,306 shares of the e-commerce giant’s stock after selling 10,761 shares during the quarter. Amazon.com makes up approximately 1.9% of Citizens Financial Group Inc. RI’s investment portfolio, making the stock its 10th biggest position. Citizens Financial Group Inc. RI’s holdings in Amazon.com were worth $139,396,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MilWealth Group LLC increased its stake in Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. purchased a new position in shares of Amazon.com in the fourth quarter valued at about $45,000. Elkhorn Partners Limited Partnership lifted its position in shares of Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after acquiring an additional 180 shares in the last quarter. Fairway Wealth LLC boosted its stake in shares of Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after acquiring an additional 108 shares during the period. Finally, Prudent Man Investment Management Inc. grew its position in shares of Amazon.com by 87.7% during the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after purchasing an additional 107 shares in the last quarter. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades A number of equities research analysts have issued reports on the stock. Mizuho increased their price objective on shares of Amazon.com from $315.00 to $325.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Cantor Fitzgerald reissued an “overweight” rating and issued a $330.00 target price (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 target price on shares of Amazon.com in a research note on Wednesday, July 15th. Rosenblatt Securities lifted their price target on shares of Amazon.com from $296.00 to $332.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Moffett Nathanson boosted their price target on shares of Amazon.com from $283.00 to $288.00 and gave the stock a “buy” rating in a research note on Tuesday, April 7th. Fifty-seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Amazon.com has an average rating of “Moderate Buy” and an average price target of $312.91.

Check Out Our Latest Stock Report on AMZN

Trending Headlines about Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts continue to see Amazon as a leading AI beneficiary, with AWS growth expected to stay strong into earnings. Amazon Viewed as Leading AI Beneficiary, AWS Acceleration Supports Buy Rating with Price Target Unchanged at $310 Positive Sentiment: India loosened e-commerce investment rules for exports, which could help Amazon expand cross-border sales. India relaxes e-commerce investment rules for exports in win for Amazon Positive Sentiment: Amazon is adding games to Prime Video and integrating Luna, supporting its bundled services strategy. Amazon is bringing games to Prime Video Neutral Sentiment: Amazon reorganized its artificial general intelligence team, with layoffs framed as a reset to focus on higher-priority AI initiatives. Amazon cuts some jobs in its artificial general intelligence unit Negative Sentiment: A U.S. Senate panel is probing whether Amazon allowed Chinese influence to affect marketplace decisions, raising regulatory risk. Amazon Faces Senate Probe Over Alleged China Influence Negative Sentiment: Investors are questioning whether Amazon’s aggressive AI capex plans could pressure margins and earnings near term. Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks Amazon.com Stock Performance Shares of Amazon.com stock opened at $233.66 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. The stock’s fifty day moving average price is $248.90 and its 200-day moving average price is $236.35. The firm has a market cap of $2.51 trillion, a P/E ratio of 27.95, a P/E/G ratio of 1.82 and a beta of 1.46. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $278.56.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $1.15. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. The company had revenue of $181.52 billion during the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the previous year, the firm posted $1.59 earnings per share. Amazon.com’s revenue for the quarter was up 16.6% compared to the same quarter last year. On average, equities research analysts expect that Amazon.com, Inc. will post 7.75 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com In other Amazon.com news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $275.00, for a total value of $7,562,500.00. Following the completion of the transaction, the chief executive officer owned 471,361 shares of the company’s stock, valued at approximately $129,624,275. This trade represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jonathan Rubinstein sold 3,706 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $273.02, for a total value of $1,011,812.12. Following the completion of the transaction, the director directly owned 74,948 shares in the company, valued at approximately $20,462,302.96. The trade was a 4.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 140,425 shares of company stock worth $37,715,464 in the last three months. 8.90% of the stock is owned by company insiders.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Featured Articles Five stocks we like better than Amazon.com Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINECullinan Associates Inc. Has $24.52 Million Position in Amazon.com, Inc. $AMZN

NEXT HEADLINE »Promising Streaming Stocks To Follow Today – July 22nd
2026-07-24 11:51 3d ago
2026-07-24 04:07 3d ago
Amazon.com, Inc. $AMZN Shares Acquired by Ferguson Wellman Capital Management Inc.
AMZN Amazon
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Ferguson Wellman Capital Management Inc. increased its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 14.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 734,228 shares of the e-commerce giant’s stock after purchasing an additional 93,323 shares during the period. Amazon.com accounts for approximately 2.1% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its 11th biggest position. Ferguson Wellman Capital Management Inc.’s holdings in Amazon.com were worth $152,918,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Red Crane Wealth Management LLC increased its position in shares of Amazon.com by 2.3% during the first quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock worth $346,000 after purchasing an additional 38 shares in the last quarter. Robinson Smith Wealth Advisors LLC boosted its stake in Amazon.com by 0.7% during the 1st quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock worth $1,147,000 after purchasing an additional 40 shares during the last quarter. Lifelong Wealth Advisors Inc. grew its holdings in shares of Amazon.com by 2.4% during the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock worth $402,000 after buying an additional 41 shares in the last quarter. Financial Connections Group Inc. raised its position in shares of Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after buying an additional 42 shares during the last quarter. Finally, Marquette Asset Management LLC lifted its stake in shares of Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock worth $205,000 after buying an additional 43 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes Several analysts recently issued reports on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $335.00 price objective on shares of Amazon.com in a research note on Thursday, July 9th. Moffett Nathanson increased their price target on Amazon.com from $283.00 to $288.00 and gave the company a “buy” rating in a report on Tuesday, April 7th. Canaccord Genuity Group lifted their price objective on Amazon.com from $300.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wedbush restated an “outperform” rating and issued a $293.00 target price on shares of Amazon.com in a report on Thursday. Finally, Telsey Advisory Group lifted their price target on Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $312.91.

Get Our Latest Research Report on AMZN

Amazon.com Trading Down 4.6% AMZN opened at $233.66 on Friday. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $278.56. The business has a fifty day simple moving average of $248.90 and a 200-day simple moving average of $236.35. The firm has a market cap of $2.51 trillion, a P/E ratio of 27.95, a P/E/G ratio of 1.82 and a beta of 1.46. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The firm had revenue of $181.52 billion for the quarter, compared to the consensus estimate of $177.28 billion. During the same quarter in the previous year, the business earned $1.59 EPS. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. On average, equities analysts expect that Amazon.com, Inc. will post 7.75 earnings per share for the current year.

Insider Buying and Selling at Amazon.com In other news, CEO Douglas J. Herrington sold 1,000 shares of the stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $239.77, for a total transaction of $239,770.00. Following the sale, the chief executive officer owned 484,527 shares of the company’s stock, valued at approximately $116,175,038.79. This represents a 0.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the completion of the transaction, the chief executive officer directly owned 2,205,766 shares of the company’s stock, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 140,425 shares of company stock valued at $37,715,464. Corporate insiders own 8.90% of the company’s stock.

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts continue to see Amazon as a leading AI beneficiary, with AWS growth expected to stay strong into earnings. Amazon Viewed as Leading AI Beneficiary, AWS Acceleration Supports Buy Rating with Price Target Unchanged at $310 Positive Sentiment: India loosened e-commerce investment rules for exports, which could help Amazon expand cross-border sales. India relaxes e-commerce investment rules for exports in win for Amazon Positive Sentiment: Amazon is adding games to Prime Video and integrating Luna, supporting its bundled services strategy. Amazon is bringing games to Prime Video Neutral Sentiment: Amazon reorganized its artificial general intelligence team, with layoffs framed as a reset to focus on higher-priority AI initiatives. Amazon cuts some jobs in its artificial general intelligence unit Negative Sentiment: A U.S. Senate panel is probing whether Amazon allowed Chinese influence to affect marketplace decisions, raising regulatory risk. Amazon Faces Senate Probe Over Alleged China Influence Negative Sentiment: Investors are questioning whether Amazon’s aggressive AI capex plans could pressure margins and earnings near term. Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Read More Five stocks we like better than Amazon.com Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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NEXT HEADLINE »Amazon.com, Inc. $AMZN Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS
2026-07-24 11:51 3d ago
2026-07-24 04:07 3d ago
Amazon.com, Inc. $AMZN Shares Purchased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS
AMZN Amazon
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 0.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,275,566 shares of the e-commerce giant’s stock after acquiring an additional 12,756 shares during the period. Amazon.com accounts for approximately 2.4% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings, making the stock its 4th largest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Amazon.com were worth $473,932,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. MilWealth Group LLC increased its position in Amazon.com by 79.0% during the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after buying an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com in the fourth quarter worth about $45,000. Elkhorn Partners Limited Partnership lifted its position in shares of Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after buying an additional 180 shares during the last quarter. Fairway Wealth LLC boosted its stake in shares of Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after acquiring an additional 108 shares in the last quarter. Finally, Prudent Man Investment Management Inc. boosted its stake in shares of Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after acquiring an additional 107 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance AMZN opened at $233.66 on Friday. The stock has a market cap of $2.51 trillion, a PE ratio of 27.95, a P/E/G ratio of 1.82 and a beta of 1.46. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 0.27. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $278.56. The stock’s 50 day simple moving average is $248.90 and its 200-day simple moving average is $236.35.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The business had revenue of $181.52 billion during the quarter, compared to analyst estimates of $177.28 billion. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.Amazon.com’s revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.59 earnings per share. Sell-side analysts forecast that Amazon.com, Inc. will post 7.75 EPS for the current year.

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts continue to see Amazon as a leading AI beneficiary, with AWS growth expected to stay strong into earnings. Amazon Viewed as Leading AI Beneficiary, AWS Acceleration Supports Buy Rating with Price Target Unchanged at $310 Positive Sentiment: India loosened e-commerce investment rules for exports, which could help Amazon expand cross-border sales. India relaxes e-commerce investment rules for exports in win for Amazon Positive Sentiment: Amazon is adding games to Prime Video and integrating Luna, supporting its bundled services strategy. Amazon is bringing games to Prime Video Neutral Sentiment: Amazon reorganized its artificial general intelligence team, with layoffs framed as a reset to focus on higher-priority AI initiatives. Amazon cuts some jobs in its artificial general intelligence unit Negative Sentiment: A U.S. Senate panel is probing whether Amazon allowed Chinese influence to affect marketplace decisions, raising regulatory risk. Amazon Faces Senate Probe Over Alleged China Influence Negative Sentiment: Investors are questioning whether Amazon’s aggressive AI capex plans could pressure margins and earnings near term. Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks Analysts Set New Price Targets A number of research analysts recently weighed in on AMZN shares. Wells Fargo & Company set a $322.00 price objective on Amazon.com and gave the company an “overweight” rating in a research note on Tuesday. Truist Financial upped their target price on Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. UBS Group set a $315.00 price target on Amazon.com in a report on Monday, June 1st. HSBC lifted their price target on shares of Amazon.com from $280.00 to $310.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Telsey Advisory Group boosted their price objective on shares of Amazon.com from $300.00 to $315.00 and gave the stock an “outperform” rating in a research note on Thursday, April 30th. Fifty-seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $312.91.

Read Our Latest Report on AMZN

Insider Transactions at Amazon.com In other news, CEO Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $263.42, for a total transaction of $5,268,400.00. Following the sale, the chief executive officer directly owned 2,205,766 shares in the company, valued at approximately $581,042,879.72. The trade was a 0.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,270 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $268.53, for a total transaction of $2,489,273.10. Following the completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at approximately $11,060,750.70. The trade was a 18.37% 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. Over the last three months, insiders have sold 140,425 shares of company stock worth $37,715,464. 8.90% of the stock is currently owned by company insiders.

Amazon.com Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Read More Five stocks we like better than Amazon.com Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEAmazon.com, Inc. $AMZN Shares Acquired by Ferguson Wellman Capital Management Inc.
2026-07-24 11:51 3d ago
2026-07-24 04:43 3d ago
Advisors Management Group Inc. ADV Reduces Position in Amazon.com, Inc. $AMZN
AMZN Amazon
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Advisors Management Group Inc. ADV lessened its holdings in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 7.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,136 shares of the e-commerce giant’s stock after selling 3,671 shares during the quarter. Amazon.com makes up about 1.6% of Advisors Management Group Inc. ADV’s holdings, making the stock its 14th largest position. Advisors Management Group Inc. ADV’s holdings in Amazon.com were worth $8,983,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMZN. Red Crane Wealth Management LLC raised its position in shares of Amazon.com by 2.3% during the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock worth $346,000 after acquiring an additional 38 shares in the last quarter. Robinson Smith Wealth Advisors LLC boosted its holdings in Amazon.com by 0.7% in the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock valued at $1,147,000 after purchasing an additional 40 shares in the last quarter. Lifelong Wealth Advisors Inc. boosted its holdings in Amazon.com by 2.4% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 1,740 shares of the e-commerce giant’s stock valued at $402,000 after purchasing an additional 41 shares in the last quarter. Financial Connections Group Inc. increased its stake in Amazon.com by 2.6% in the fourth quarter. Financial Connections Group Inc. now owns 1,633 shares of the e-commerce giant’s stock valued at $376,000 after purchasing an additional 42 shares during the last quarter. Finally, Marquette Asset Management LLC increased its stake in Amazon.com by 5.1% in the fourth quarter. Marquette Asset Management LLC now owns 886 shares of the e-commerce giant’s stock valued at $205,000 after purchasing an additional 43 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com In related news, SVP David Zapolsky sold 9,270 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $268.53, for a total value of $2,489,273.10. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at $11,060,750.70. This trade represents a 18.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,363 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $262.38, for a total transaction of $620,003.94. Following the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $31,427,876.40. This represents a 1.93% 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 140,425 shares of company stock valued at $37,715,464 over the last 90 days. Insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets Several analysts have recently weighed in on AMZN shares. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Amazon.com from $290.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Piper Sandler set a $330.00 price target on shares of Amazon.com in a research note on Thursday, June 11th. New Street Research boosted their price target on shares of Amazon.com from $280.00 to $350.00 and gave the company a “buy” rating in a research report on Monday, May 4th. The Goldman Sachs Group restated a “buy” rating and issued a $335.00 price objective on shares of Amazon.com in a research note on Thursday, July 9th. Finally, Oppenheimer raised their price objective on Amazon.com from $275.00 to $320.00 and gave the stock an “outperform” rating in a report on Thursday, April 30th. Fifty-seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $312.91.

Check Out Our Latest Stock Report on Amazon.com

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts continue to see Amazon as a leading AI beneficiary, with AWS growth expected to stay strong into earnings. Amazon Viewed as Leading AI Beneficiary, AWS Acceleration Supports Buy Rating with Price Target Unchanged at $310 Positive Sentiment: India loosened e-commerce investment rules for exports, which could help Amazon expand cross-border sales. India relaxes e-commerce investment rules for exports in win for Amazon Positive Sentiment: Amazon is adding games to Prime Video and integrating Luna, supporting its bundled services strategy. Amazon is bringing games to Prime Video Neutral Sentiment: Amazon reorganized its artificial general intelligence team, with layoffs framed as a reset to focus on higher-priority AI initiatives. Amazon cuts some jobs in its artificial general intelligence unit Negative Sentiment: A U.S. Senate panel is probing whether Amazon allowed Chinese influence to affect marketplace decisions, raising regulatory risk. Amazon Faces Senate Probe Over Alleged China Influence Negative Sentiment: Investors are questioning whether Amazon’s aggressive AI capex plans could pressure margins and earnings near term. Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks Amazon.com Stock Performance Shares of AMZN stock opened at $233.66 on Friday. The stock has a market capitalization of $2.51 trillion, a PE ratio of 27.95, a price-to-earnings-growth ratio of 1.82 and a beta of 1.46. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $278.56. The stock’s 50-day moving average price is $248.90 and its 200 day moving average price is $236.35. The company has a quick ratio of 1.01, a current ratio of 1.18 and a debt-to-equity ratio of 0.27.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 EPS for the quarter, topping the consensus estimate of $1.63 by $1.15. Amazon.com had a return on equity of 19.92% and a net margin of 12.22%.The business had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. During the same quarter in the prior year, the business earned $1.59 earnings per share. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. As a group, equities research analysts forecast that Amazon.com, Inc. will post 7.75 EPS for the current year.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Recommended Stories Five stocks we like better than Amazon.com Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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2026-07-24 11:51 3d ago
2026-07-24 04:43 3d ago
American Trust Reduces Position in Amazon.com, Inc. $AMZN
AMZN Amazon
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

American Trust lessened its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 27.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,541 shares of the e-commerce giant’s stock after selling 7,636 shares during the quarter. American Trust’s holdings in Amazon.com were worth $4,278,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. MilWealth Group LLC raised its holdings in Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares during the period. Lifetime Wealth Management P.C. bought a new position in shares of Amazon.com in the fourth quarter worth $45,000. Elkhorn Partners Limited Partnership grew its position in shares of Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 180 shares in the last quarter. Fairway Wealth LLC lifted its holdings in Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after purchasing an additional 108 shares in the last quarter. Finally, Prudent Man Investment Management Inc. increased its position in shares of Amazon.com by 87.7% during the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after buying an additional 107 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades AMZN has been the topic of a number of analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $330.00 target price (up from $280.00) on shares of Amazon.com in a report on Thursday, April 30th. TD Cowen reaffirmed a “buy” rating and issued a $340.00 price target (down from $350.00) on shares of Amazon.com in a report on Wednesday, July 8th. Citizens Jmp reiterated a “market outperform” rating and set a $315.00 price target on shares of Amazon.com in a research report on Wednesday, July 15th. Morgan Stanley boosted their price objective on Amazon.com from $300.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Stifel Nicolaus set a $319.00 target price on shares of Amazon.com and gave the company a “buy” rating in a research note on Thursday, April 30th. Fifty-seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $312.91.

Read Our Latest Research Report on AMZN

Key Stories Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Analysts continue to see Amazon as a leading AI beneficiary, with AWS growth expected to stay strong into earnings. Amazon Viewed as Leading AI Beneficiary, AWS Acceleration Supports Buy Rating with Price Target Unchanged at $310 Positive Sentiment: India loosened e-commerce investment rules for exports, which could help Amazon expand cross-border sales. India relaxes e-commerce investment rules for exports in win for Amazon Positive Sentiment: Amazon is adding games to Prime Video and integrating Luna, supporting its bundled services strategy. Amazon is bringing games to Prime Video Neutral Sentiment: Amazon reorganized its artificial general intelligence team, with layoffs framed as a reset to focus on higher-priority AI initiatives. Amazon cuts some jobs in its artificial general intelligence unit Negative Sentiment: A U.S. Senate panel is probing whether Amazon allowed Chinese influence to affect marketplace decisions, raising regulatory risk. Amazon Faces Senate Probe Over Alleged China Influence Negative Sentiment: Investors are questioning whether Amazon’s aggressive AI capex plans could pressure margins and earnings near term. Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks Insider Activity In other news, Director Jonathan Rubinstein sold 3,706 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $273.02, for a total value of $1,011,812.12. Following the sale, the director directly owned 74,948 shares of the company’s stock, valued at $20,462,302.96. The trade was a 4.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 15,467 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $263.40, for a total value of $4,074,007.80. Following the transaction, the chief executive officer directly owned 14,159 shares of the company’s stock, valued at approximately $3,729,480.60. This trade represents a 52.21% 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. In the last ninety days, insiders sold 140,425 shares of company stock valued at $37,715,464. 8.90% of the stock is currently owned by insiders.

Amazon.com Stock Down 4.6% NASDAQ:AMZN opened at $233.66 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.18 and a quick ratio of 1.01. The firm’s 50-day moving average price is $248.90 and its 200-day moving average price is $236.35. The company has a market capitalization of $2.51 trillion, a PE ratio of 27.95, a P/E/G ratio of 1.82 and a beta of 1.46. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $278.56.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The e-commerce giant reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $1.15. The company had revenue of $181.52 billion during the quarter, compared to analysts’ expectations of $177.28 billion. Amazon.com had a net margin of 12.22% and a return on equity of 19.92%. Amazon.com’s revenue was up 16.6% on a year-over-year basis. During the same period last year, the company posted $1.59 EPS. On average, equities analysts predict that Amazon.com, Inc. will post 7.75 EPS for the current fiscal year.

Amazon.com Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Further Reading Five stocks we like better than Amazon.com Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

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2026-07-24 11:51 3d ago
2026-07-24 07:00 3d ago
Meta, Amazon, Apple Face AI ROI Test In Huge Earnings Week | IBD
AMZN Amazon
FMP Stock News
Original source text
IBD's Alexis Garcia and Ed Carson preview key upcoming earnings reports from Meta Platforms, Amazon and Apple. Check out our daily newsletter!
2026-07-24 11:50 3d ago
2026-07-24 06:36 3d ago
$MSFT Fraud Notification: Microsoft Sued for Fraud Over Misrepresentations about its Copilot Functionality Issues – Investors Notified to Contact BFA Law
MSFT Microsoft
FMP Stock News
Original source text
NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Microsoft Corporation (NASDAQ:MSFT) 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 Microsoft, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.

Key Details of the Microsoft ($MSFT) Class Action:

Lead Plaintiff Deadline: August 11, 2026Alleged Misconduct: Securities fraud alleging that Microsoft misled investors regarding its Azure cloud computing platform and AI chatbot CopilotStock Drop: January 28, 2026 – 10% Stock DropCourt: U.S. District Court for the Western District of WashingtonAction: Contact BFA Law to discuss your rights
Investors have until August 11, 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 Microsoft common stock. The class action is pending in the U.S. District Court for the Western District of Washington. It is captioned City of St. Clair Shores Police and Fire Retirement System, et al., No. 26-cv-02071.

Why is Microsoft Being Sued for Securities Fraud?

Microsoft is a multinational technology company that develops software, cloud services, and devices. In recent years, Microsoft’s cloud computing platform named Azure has been Microsoft’s main growth driver. A key reason for Azure’s recent growth is Microsoft’s multi-billion-dollar investment into AI, including the development of its own generative AI chatbot named Copilot.

According to the complaint, during the relevant period, Microsoft consistently touted Copilot’s best-in-class capabilities, which purportedly drove widespread and growing user adoption. Copilot’s apparent success allowed Microsoft to report surging Azure-related revenue.

As alleged, in truth, Copilot suffered from severe functionality issues that caused user adoption to decline and put Microsoft’s Azure revenue at risk.

Why did Microsoft’s Stock Drop?

On January 28, 2026, Microsoft announced disappointing 2Q 2026 financial results and that Azure growth had slowed suddenly. Microsoft also allegedly revealed for the first time that the number of Microsoft 365 Copilot premium customers totaled only 15 million, materially below analyst estimates.

This news caused the price of Microsoft common stock to decline $48.13 per share, or 10%, from $481.63 per share on January 28, 2026, to $433.50 per share on January 29, 2026.

Additionally, on February 3, 2026, The Wall Street Journal reported in an article titled “Microsoft’s Pivotal AI Product Is Running Into Big Problems” that severe challenges and functionality issues had plagued Copilot, causing the application to lose market share. Specifically, The Wall Street Journal reported that “[c]onfusing brand positioning and interoperability problems have frustrated users.”

Click here for more information: https://www.bfalaw.com/cases/microsoft-class-action-lawsuit.

What Can You Do?

If you invested in Microsoft, 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.

Submit your information by visiting:

https://www.bfalaw.com/cases/microsoft-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

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.

https://www.bfalaw.com/cases/microsoft-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.
2026-07-24 11:50 3d ago
2026-07-24 06:05 3d ago
Ark Invest's Cathie Wood Just Sold AMD Stock and Bought SpaceX. Why I'd Be Doing the Opposite.
AMD AMD
FMP Stock News
Original source text
Ark Invest's Cathie Wood has made a name for herself with her aggressive style of investing. She likes innovative companies that have the potential to disrupt industries. Perhaps not surprisingly then, her flagship Ark Innovation ETF (ARKK -2.83%) has a history of wild swings.

For example, the fund produced a 67.6% gain in 2023, but that was after a 23.4% loss in 2021 and a 67% drawback in 2023. This year the fund has trailed the market, having a slight negative return.

Wood has also long been a fan of Elon Musk. Ark Innovation counts Tesla as its top holding, and recently she has been selling down the exchange-traded fund's position in Advanced Micro Devices (AMD -2.31%) and buying stock in Musk's other company, SpaceX (SPCX +2.56%). However, that is the exact opposite of what I'd be doing right now. Let's take a closer look at the two stocks and why I'd be selling SpaceX and buying AMD.

Image source: Getty Images.

SpaceX: Overvalued hype SpaceX is arguably both one of the most hyped and overvalued stocks in the market today. In his typical style, Musk has made bold, outrageous claims to try to get investors excited, such as saying one day SpaceX will be worth more than the Earth itself.

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One of SpaceX's big goals is to put data centers in space, with Musk recently saying this could happen as early as next year. However, protecting semiconductor chips from cosmic radiation and developing a cooling system that works in the vacuum of space are two major technological hurdles that would need to be overcome first. Meanwhile, a lot is riding on its Starship super rocket, which is still in the flight test phase. The massive rocket still needs to demonstrate that it can enter a stable orbit and that it can "catch" not only its booster (which it has done) but also the upper stage of the rocket so that they are both reusable.

SpaceX still has a lot of challenges to overcome to realize Musk's vision. Meanwhile, the stock trades around a price-to-sales (P/S) ratio of more than 85 times and a forward P/S multiple of more than 35 times based on Morgan Stanley 2026 estimates. That's a huge valuation for a capex-heavy, money-losing business with negative free cash flow that will eventually need to raise more cash either through debt or equity issuances.

In addition, SpaceX investors will face a plethora of additional shares hitting the open market this year as lock-ups expire, creating a natural headwind for the stock.

AMD: Massive growth ahead While SpaceX has captured the imagination of investors about what the future could hold, AMD is actually in the early stages of riding two powerful trends in inference and agentic AI.

Today's Change

(

-2.31

%) $

-12.73

Current Price

$

539.60

The company's chiplet design is ideal for inference, as it can be packaged with more memory and is designed to operate as part of a larger interconnected system, resulting in high bandwidth and low latency. AMD has already secured important graphics processing unit (GPU) deals to supply its chips and Helios server racks to large hyperscalers, which is set to be a major revenue driver for the company.

In addition to its huge GPU catalyst with inference, the company has a significant opportunity with its central processing units (CPUs) and agentic AI. AI data centers handling AI agents will need significantly more CPUs, as they act as the brains of the operation and supply the sequential logic these agents need to act properly. AMD is a leader in the space and has designed high-performance CPUs specifically for agentic AI. Demand for these types of CPUs is through the roof, and prices are rising, which adds another big growth layer for the stock.

With AMD having a clear line of sight to massive growth over the next few years, I'd be a buyer of this AI stock.
2026-07-24 11:50 3d ago
2026-07-24 03:44 3d ago
Arrowstreet Capital Limited Partnership Decreases Stake in Nokia Corporation $NOK
NOKIA Nokia
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Arrowstreet Capital Limited Partnership cut its stake in shares of Nokia Corporation (NYSE:NOK – Free Report) by 11.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,855,433 shares of the technology company’s stock after selling 5,465,625 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.73% of Nokia worth $336,518,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. J2 Capital Management Inc lifted its holdings in shares of Nokia by 2.0% during the first quarter. J2 Capital Management Inc now owns 68,204 shares of the technology company’s stock worth $548,000 after purchasing an additional 1,319 shares during the period. Janney Montgomery Scott LLC increased its holdings in Nokia by 6.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 22,426 shares of the technology company’s stock worth $145,000 after buying an additional 1,450 shares during the period. Kathmere Capital Management LLC raised its position in Nokia by 14.0% during the 1st quarter. Kathmere Capital Management LLC now owns 12,081 shares of the technology company’s stock worth $97,000 after buying an additional 1,483 shares during the last quarter. Xponance LLC raised its position in Nokia by 13.0% during the 4th quarter. Xponance LLC now owns 13,590 shares of the technology company’s stock worth $88,000 after buying an additional 1,567 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in Nokia by 12.1% during the 1st quarter. Assetmark Inc. now owns 14,704 shares of the technology company’s stock valued at $118,000 after acquiring an additional 1,591 shares during the period. 5.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades A number of analysts have recently weighed in on NOK shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Nokia in a research note on Friday, May 15th. Arete Research raised shares of Nokia from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Nordea Equity Research raised Nokia from a “hold” rating to a “buy” rating in a research report on Friday, April 24th. Wall Street Zen cut Nokia from a “buy” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Argus raised Nokia from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Monday, April 27th. Thirteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.57.

Read Our Latest Stock Report on NOK

Trending Headlines about Nokia Here are the key news stories impacting Nokia this week:

Positive Sentiment: Nokia beat profit expectations, reporting $0.08 EPS versus $0.07 expected, with revenue up 8.4% year over year and network infrastructure strength helping offset a slight revenue miss. Reuters: Nokia Q2 profit beat on AI demand Positive Sentiment: Management said AI and cloud orders surged, with AI/cloud sales more than doubling and order intake reaching 2.8 billion euros, reinforcing the market’s view that Nokia is benefiting from data-center and AI infrastructure spending. Yahoo Finance: Nokia says AI, cloud boosted sales in second quarter Positive Sentiment: Nokia raised its full-year comparable operating profit guidance, signaling confidence that AI-driven demand will continue through the rest of 2026. Invezz: Nokia raises profit outlook as AI and cloud demand boost results Positive Sentiment: Several reports noted that AI infrastructure demand and record AI-related orders were the main drivers behind the stock’s jump, with investors focusing on Nokia’s growing role in network equipment for data centers. Investor’s Hub: Nokia reports stronger second-quarter earnings Nokia Stock Down 5.4% Shares of NYSE NOK opened at $9.72 on Friday. The firm has a market cap of $55.83 billion, a price-to-earnings ratio of 60.77, a price-to-earnings-growth ratio of 1.46 and a beta of 1.17. The company’s 50-day simple moving average is $13.46 and its 200-day simple moving average is $10.27. The company has a quick ratio of 1.32, a current ratio of 1.57 and a debt-to-equity ratio of 0.11. Nokia Corporation has a 52-week low of $4.00 and a 52-week high of $17.45.

Nokia (NYSE:NOK – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The technology company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $5.50 billion during the quarter, compared to the consensus estimate of $5.57 billion. Nokia had a net margin of 4.02% and a return on equity of 9.05%. The company’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.04 EPS. Equities analysts predict that Nokia Corporation will post 0.4 EPS for the current fiscal year.

Nokia Company Profile (Free Report)

Nokia Corporation, headquartered in Espoo, Finland, is a global telecommunications and technology company with roots dating back to 1865. Over its long history the company moved from forestry and cable operations into electronics and telecommunications, becoming widely known in the 1990s and 2000s for its mobile phones. In recent years Nokia refocused its business toward network infrastructure, software and technology licensing, and research and development, following the divestiture of its handset manufacturing business and the acquisition of Alcatel‑Lucent in 2016, which brought Bell Labs into its portfolio.

Today Nokia’s core activities center on designing, building and supporting communications networks and related software.

See Also Five stocks we like better than Nokia Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding NOK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nokia Corporation (NYSE:NOK – Free Report).

Receive News & Ratings for Nokia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nokia and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEArrowstreet Capital Limited Partnership Sells 2,014,537 Shares of Comcast Corporation $CMCSA
2026-07-24 11:50 3d ago
2026-07-24 05:30 3d ago
Nike's Sneakerhead Market Share Is Slipping. That's Good for Its Stock.
NKE Nike
FMP Stock News
Original source text
Losses to Asics are offset by gains in the more durable performance category.
2026-07-24 11:50 3d ago
2026-07-24 07:30 3d ago
Canopy Growth to Report First Quarter Fiscal 2027 Financial Results on August 7, 2026
CGC Canopy Growth
FMP Stock News
Original source text
SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth to report Q1 2027 financial results on August 7 with a conference call at 10:00am ET.
2026-07-24 11:50 3d ago
2026-07-24 03:53 3d ago
AMF Tjanstepension AB Raises Stake in NVIDIA Corporation $NVDA
NVDA Nvidia
FMP Stock News
Original source text
AMF Tjanstepension AB lifted its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 2.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,192,840 shares of the computer hardware maker’s stock after purchasing an additional 198,915 shares during the quarter. NVIDIA accounts for 9.5% of AMF Tjanstepension AB’s portfolio, making the stock its largest position. AMF Tjanstepension AB’s holdings in NVIDIA were worth $1,428,831,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its position in NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE raised its holdings in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC boosted its holdings in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. boosted its stake in NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after purchasing an additional 896 shares during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA Price Performance NVIDIA stock opened at $208.76 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The firm has a market capitalization of $5.05 trillion, a P/E ratio of 31.97, a PEG ratio of 0.41 and a beta of 2.21. The business has a fifty day moving average price of $208.22 and a 200-day moving average price of $195.73.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The firm’s revenue was up 85.2% on a year-over-year basis. As a group, equities research analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA Increases Dividend The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is presently 15.31%.

NVIDIA announced that its board has authorized a share buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

NVIDIA News Summary Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA announced a joint AI research lab with KAIST in Seoul, backed by a $300 million five-year collaboration, to advance agentic AI models for Korean industries and language use cases. The deal includes compute contributions, funding for at least 10 researchers annually, and NVIDIA internships/full-time hiring pathways, reinforcing NVIDIA’s global AI ecosystem and talent pipeline. Article Title Positive Sentiment: NVIDIA’s partnership with Amkor to support U.S. advanced chip packaging expansion is another supportive development, as it strengthens supply-chain capacity for next-generation AI chips and helps meet rising demand for AI infrastructure. Article Title Positive Sentiment: Investor sentiment remains constructive on NVIDIA’s AI leadership, with analysts and market commentators highlighting its dominance in GPUs, strong fundamentals, and technical breakout signals above key moving averages. Article Title Neutral Sentiment: Some commentary suggests the stock may face near-term “sell-the-news” pressure after its latest earnings beat, especially as traders reassess whether AI spending momentum has already been priced in. Neutral Sentiment: Broader AI-capex headlines from Alphabet and other hyperscalers continue to drive sector interest, but they also appear to be fueling rotation within semiconductors rather than uniformly lifting NVIDIA shares. Negative Sentiment: NVIDIA is also facing renewed competitive noise, including AMD’s push with Anthropic and a wave of articles questioning whether large AI spending could eventually favor other chip and memory suppliers, which may temper enthusiasm for NVDA in the short term. Article Title Analysts Set New Price Targets Several equities analysts have recently issued reports on the company. Rosenblatt Securities reiterated a “buy” rating and issued a $325.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Craig Hallum increased their price target on NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Melius Research set a $400.00 target price on NVIDIA in a research report on Thursday, May 21st. China Renaissance assumed coverage on NVIDIA in a report on Friday, June 5th. They set a “buy” rating and a $319.00 price target on the stock. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $304.26.

Check Out Our Latest Analysis on NVDA

Insiders Place Their Bets In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,901,125 shares of company stock valued at $410,583,015 over the last quarter. 3.94% of the stock is owned by corporate insiders.

NVIDIA Profile (Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

Further Reading Five stocks we like better than NVIDIA Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
2026-07-24 11:50 3d ago
2026-07-24 04:38 3d ago
NVIDIA Corporation $NVDA Shares Sold by Ghe LLC
NVDA Nvidia
FMP Stock News
Original source text
Ghe LLC reduced its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 17.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 748,086 shares of the computer hardware maker’s stock after selling 162,910 shares during the quarter. NVIDIA comprises about 27.7% of Ghe LLC’s holdings, making the stock its 2nd largest position. Ghe LLC’s holdings in NVIDIA were worth $130,466,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG raised its stake in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE raised its stake in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC lifted its holdings in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. lifted its holdings in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after buying an additional 896 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes Several equities research analysts have commented on NVDA shares. Mizuho set a $300.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Wells Fargo & Company reiterated an “overweight” rating and issued a $315.00 price objective (up from $265.00) on shares of NVIDIA in a research note on Tuesday, May 12th. BNP Paribas Exane boosted their price objective on shares of NVIDIA from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Daiwa Securities Group upped their target price on shares of NVIDIA from $215.00 to $255.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Finally, Evercore reaffirmed an “outperform” rating and issued a $413.00 target price (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $304.26.

Read Our Latest Research Report on NVIDIA

NVIDIA Stock Down 1.6% NVDA stock opened at $208.76 on Friday. The stock has a market capitalization of $5.05 trillion, a P/E ratio of 31.97, a PEG ratio of 0.41 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The company has a 50 day moving average price of $208.22 and a two-hundred day moving average price of $195.73.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. The business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company’s revenue was up 85.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.81 EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA Increases Dividend The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s payout ratio is 15.31%.

NVIDIA announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Activity at NVIDIA In other news, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by insiders.

NVIDIA News Roundup Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA announced a joint AI research lab with KAIST in Seoul, backed by a $300 million five-year collaboration, to advance agentic AI models for Korean industries and language use cases. The deal includes compute contributions, funding for at least 10 researchers annually, and NVIDIA internships/full-time hiring pathways, reinforcing NVIDIA’s global AI ecosystem and talent pipeline. Article Title Positive Sentiment: NVIDIA’s partnership with Amkor to support U.S. advanced chip packaging expansion is another supportive development, as it strengthens supply-chain capacity for next-generation AI chips and helps meet rising demand for AI infrastructure. Article Title Positive Sentiment: Investor sentiment remains constructive on NVIDIA’s AI leadership, with analysts and market commentators highlighting its dominance in GPUs, strong fundamentals, and technical breakout signals above key moving averages. Article Title Neutral Sentiment: Some commentary suggests the stock may face near-term “sell-the-news” pressure after its latest earnings beat, especially as traders reassess whether AI spending momentum has already been priced in. Neutral Sentiment: Broader AI-capex headlines from Alphabet and other hyperscalers continue to drive sector interest, but they also appear to be fueling rotation within semiconductors rather than uniformly lifting NVIDIA shares. Negative Sentiment: NVIDIA is also facing renewed competitive noise, including AMD’s push with Anthropic and a wave of articles questioning whether large AI spending could eventually favor other chip and memory suppliers, which may temper enthusiasm for NVDA in the short term. Article Title About NVIDIA (Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

Featured Stories Five stocks we like better than NVIDIA Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
2026-07-24 11:50 3d ago
2026-07-24 04:38 3d ago
Citizens Business Bank Reduces Holdings in NVIDIA Corporation $NVDA
NVDA Nvidia
FMP Stock News
Original source text
Citizens Business Bank cut its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,617 shares of the computer hardware maker’s stock after selling 3,039 shares during the period. NVIDIA makes up approximately 5.2% of Citizens Business Bank’s investment portfolio, making the stock its 3rd biggest position. Citizens Business Bank’s holdings in NVIDIA were worth $31,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its holdings in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its position in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC grew its position in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after buying an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. increased its holdings in shares of NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after buying an additional 896 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 1.6% NVIDIA stock opened at $208.76 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The business’s 50-day simple moving average is $208.22 and its 200-day simple moving average is $195.73. The firm has a market capitalization of $5.05 trillion, a PE ratio of 31.97, a PEG ratio of 0.41 and a beta of 2.21. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. The firm had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.81 EPS. Equities research analysts forecast that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA announced that its board has authorized a share repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

NVIDIA Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is 15.31%.

Insiders Place Their Bets In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last quarter. Company insiders own 3.94% of the company’s stock.

Analysts Set New Price Targets Several equities research analysts have recently commented on NVDA shares. Morgan Stanley set a $288.00 target price on NVIDIA and gave the company an “overweight” rating in a report on Thursday, May 21st. Itau BBA Securities cut their price objective on NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $255.00 price objective (up from $220.00) on shares of NVIDIA in a research note on Thursday, May 21st. UBS Group lifted their target price on shares of NVIDIA from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, President Capital boosted their price target on shares of NVIDIA from $280.00 to $295.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $304.26.

Check Out Our Latest Stock Report on NVDA

Key Stories Impacting NVIDIA Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA announced a joint AI research lab with KAIST in Seoul, backed by a $300 million five-year collaboration, to advance agentic AI models for Korean industries and language use cases. The deal includes compute contributions, funding for at least 10 researchers annually, and NVIDIA internships/full-time hiring pathways, reinforcing NVIDIA’s global AI ecosystem and talent pipeline. Article Title Positive Sentiment: NVIDIA’s partnership with Amkor to support U.S. advanced chip packaging expansion is another supportive development, as it strengthens supply-chain capacity for next-generation AI chips and helps meet rising demand for AI infrastructure. Article Title Positive Sentiment: Investor sentiment remains constructive on NVIDIA’s AI leadership, with analysts and market commentators highlighting its dominance in GPUs, strong fundamentals, and technical breakout signals above key moving averages. Article Title Neutral Sentiment: Some commentary suggests the stock may face near-term “sell-the-news” pressure after its latest earnings beat, especially as traders reassess whether AI spending momentum has already been priced in. Neutral Sentiment: Broader AI-capex headlines from Alphabet and other hyperscalers continue to drive sector interest, but they also appear to be fueling rotation within semiconductors rather than uniformly lifting NVIDIA shares. Negative Sentiment: NVIDIA is also facing renewed competitive noise, including AMD’s push with Anthropic and a wave of articles questioning whether large AI spending could eventually favor other chip and memory suppliers, which may temper enthusiasm for NVDA in the short term. Article Title NVIDIA Profile (Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

Featured Stories Five stocks we like better than NVIDIA Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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2026-07-24 11:50 3d ago
2026-07-24 06:07 3d ago
Nvidia Is Up Just 11% This Year. Here Is What History Says Happens Next.
NVDA Nvidia
FMP Stock News
Original source text
Nvidia (NVDA -1.56%) stock is actually beating the Nasdaq and the S&P 500, up about 11% year to date as of July 22.

For most stocks, that's not bad at all, and most investors would take that.

But Nvidia is not like most stocks. It is the largest company in the world by market cap and is the leader and the face of the AI revolution.

Over the last three years, it averaged a 67% annualized return, and over the previous five years, it has an average annualized return of 60%.

The last three calendar years -- from 2023 through 2025 -- it returned 38%, 170%, and 240%, respectively.

So, while it's beating the benchmarks, the return has fallen short of recent years, despite ridiculously strong revenue and earnings growth numbers and a current quarter outlook that calls for revenue to increase 11% sequentially to $91 billion.

Image source: Getty Images.

Nvidia is trading at a near-historic low valuation With a 90% market share in its core business of making graphics processing units (GPUs) for data centers, AI accelerators, and other applications, Nvidia is a staple in many portfolios.

But right now, this is a particularly good time to either add shares or take a new position in Nvidia. Here's why.

One, the stock's valuation is as cheap as it's been in at least the past five years. It is currently trading at 31 times earnings and 23 times forward earnings. At no time within the last five years has Nvidia's P/E ratio been as low as it's been in recent weeks.

The P/E ratio is roughly 41% below its 10-year average of 53.

Today's Change

(

-1.56

%) $

-3.31

Current Price

$

208.75

And its five-year PEG ratio, which gauges the stock price in relation to its long-term earnings growth expectations, is actually in value territory. A PEG ratio below 1 means a stock is undervalued, and currently, Nvidia's is at a historic low of 0.56.

The last time Nvidia's P/E ratio was even remotely close to 31 was in April 2025 after the tariffs were announced. After that, the stock price rose from a low of $94 per share on April 4, 2025, to finish the year at $186 per share -- a gain of 99%.

A history of gains leading up to earnings reports History also says that Nvidia's shares tend to rise leading up to its earnings report, as investors anticipate more blowout results. Over the past five quarters, starting with Q1 2025, which Nvidia reported on May 28, 2025, Nvidia stock has risen in the month before earnings were reported.

Some gains were smaller, like the 3% gain to $182 per share leading up to the fiscal Q2 report on Aug. 27, 2025. But some jumps were huge, like the 24% gain to $134 per share one month leading up to the Q1 report on May 28, 2025.

I'm not saying Nvidia stock will jump 24% between now and Nvidia's Aug. 26 fiscal Q2 earnings report, but there is a parallel with that 24% jump leading up to Q1 2025. At that point, Nvidia stock was trading at multiple that is similar to its current multiple.

Bottom line: This is a great time to consider Nvidia stock.
2026-07-24 11:50 3d ago
2026-07-24 07:08 3d ago
Why Nvidia Is Falling When Other Chip Stocks Are Rising
NVDA Nvidia
FMP Stock News
Original source text
The AI chip maker hasn't been trading like a chip stock recently, aligning more with its Big Tech peers.
2026-07-24 11:50 3d ago
2026-07-24 07:43 3d ago
Nvidia to pay 2026's third dividend on this date; Here's how much 100 NVDA shares will earn
NVDA Nvidia
FMP Stock News
Original source text
According to the latest estimates, Nvidia (NASDAQ: NVDA) is scheduled to pay its third quarterly dividend of 2026 on October 2.

The chipmaker will reward shareholders with $0.25 per share, meaning the payment will remain unchanged from the previous Nvidia dividend payout date on June 26, as per the data Finbold assessed on Dividend.com.

Like the June payout, the upcoming dividend is a continuation of the company’s new dividend policy of distributing 50% of free cash flow via dividends and share buybacks.

Shareholders holding 100 NVDA shares will receive $25 in dividends pre-tax – a significant increase from just $1 received in April.

Nvidia stock dividend schedule. Source: Dividend.com New Nvidia dividend strategy continues With about 24.391 billion shares outstanding, the total dividend payout will amount to approximately $6.1 billion. To be eligible for the next Nvidia stock dividend, investors will have to have purchased their shares by August 27, at least according to the current estimates.

As of press time, the company’s projected three-year dividend compound annual growth rate (CAGR) stands at 262.2% for 2026 and 197.4% for 2027. On the other hand, the projected five-year CAGR is expected to exceed 116% in 2026 and 128% in 2027. The estimated 10-year dividend CAGR is projected at more than 51%.

Despite the rapid dividend growth, however, Nvidia’s forward payout ratio remains just 7.84%, suggesting the company retains the vast majority of its earnings for investments. Nonetheless, the company has increased its dividend for three consecutive years, showing it still remains committed to returning capital, even while maintaining an aggressive growth strategy. 

Overall, Nvidia currently has a dividend yield of 0.13%. For comparison, the average yield in the sector is 1.37%. Finally, the stock pays dividends on a quarterly basis, and the price usually recovers within 2.5 days after the ex-dividend date.

Featured image via Shutterstock

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2026-07-24 11:49 3d ago
2026-07-24 07:36 3d ago
New Strong Buy Stocks for July 24th
AAL American Airlines
FMP Stock News
Original source text
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Delek US Holdings, Inc. (DK - Free Report) : This integrated downstream energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 29.1% over the last 60 days.

PBF Energy Inc. (PBF - Free Report) : This petroleum refining company has seen the Zacks Consensus Estimate for its current year earnings increasing 56.5% over the last 60 days.

American Airlines Group Inc. (AAL - Free Report) : This airline company has seen the Zacks Consensus Estimate for its current year earnings increasing 303.6% over the last 60 days.

HCI Group, Inc. (HCI - Free Report) : This property and casualty insurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Hudson Pacific Properties, Inc. (HPP - Free Report) : This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-07-24 11:49 3d ago
2026-07-24 04:03 3d ago
TELUS Corporation $TU Shares Acquired by Bank of Nova Scotia
T AT&T
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia boosted its holdings in TELUS Corporation (NYSE:TU – Free Report) (TSE:T) by 20.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,108,090 shares of the Wireless communications provider’s stock after purchasing an additional 3,571,734 shares during the quarter. Bank of Nova Scotia owned about 1.36% of TELUS worth $271,237,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Manchester Capital Management LLC lifted its position in TELUS by 320.0% in the fourth quarter. Manchester Capital Management LLC now owns 2,247 shares of the Wireless communications provider’s stock valued at $30,000 after acquiring an additional 1,712 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of TELUS during the fourth quarter worth about $33,000. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in shares of TELUS by 129.0% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 2,473 shares of the Wireless communications provider’s stock worth $33,000 after purchasing an additional 1,393 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of TELUS during the fourth quarter worth about $55,000. Finally, State of Wyoming purchased a new stake in shares of TELUS in the 2nd quarter valued at about $61,000. 49.40% of the stock is owned by hedge funds and other institutional investors.

TELUS Price Performance Shares of TU opened at $10.11 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.63 and a debt-to-equity ratio of 1.59. The stock’s 50 day moving average is $11.42 and its two-hundred day moving average is $12.57. TELUS Corporation has a twelve month low of $9.95 and a twelve month high of $16.72. The firm has a market capitalization of $15.91 billion, a PE ratio of 22.97, a P/E/G ratio of 7.65 and a beta of 0.63.

TELUS (NYSE:TU – Get Free Report) (TSE:T) last issued its earnings results on Friday, May 8th. The Wireless communications provider reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.64 billion. TELUS had a return on equity of 8.29% and a net margin of 4.54%.The company’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the business posted $0.26 EPS. Research analysts anticipate that TELUS Corporation will post 0.74 earnings per share for the current year.

TELUS Announces Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, June 10th were given a dividend of $0.4184 per share. This represents a $1.67 annualized dividend and a dividend yield of 16.6%. The ex-dividend date was Wednesday, June 10th. TELUS’s payout ratio is presently 275.00%.

Wall Street Analyst Weigh In TU has been the topic of a number of research reports. Scotiabank downgraded TELUS from an “outperform” rating to a “sector perform” rating in a research note on Friday, April 10th. Raymond James Financial started coverage on TELUS in a report on Wednesday, July 15th. They issued a “market perform” rating for the company. TD Securities upgraded shares of TELUS from a “buy” rating to a “buy” rating in a research report on Tuesday, April 28th. TD Cowen raised shares of TELUS from a “hold” rating to a “buy” rating in a report on Tuesday, April 28th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of TELUS in a research report on Friday, July 17th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, TELUS has a consensus rating of “Hold” and a consensus price target of $15.67.

View Our Latest Stock Report on TELUS

TELUS Profile (Free Report)

TELUS Corporation (NYSE: TU) is a Canadian telecommunications and technology company headquartered in Vancouver, British Columbia. It delivers a broad portfolio of consumer and business communications services across Canada, including mobile wireless, fixed-line voice, broadband internet, and television. TELUS also provides a range of enterprise services such as cloud and IT solutions, managed network services, cybersecurity and Internet of Things (IoT) offerings for business customers.

Beyond core connectivity, TELUS has expanded into health and digital services.

Featured Stories Five stocks we like better than TELUS Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding TU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TELUS Corporation (NYSE:TU – Free Report) (TSE:T).

Receive News & Ratings for TELUS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TELUS and related companies with MarketBeat.com's FREE daily email newsletter.

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2026-07-24 11:49 3d ago
2026-07-24 04:03 3d ago
Bank of Nova Scotia Acquires 2,609 Shares of Mastercard Incorporated $MA
MA MasterCard
FMP Stock News
Original source text
Bank of Nova Scotia boosted its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 1.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 192,216 shares of the credit services provider’s stock after purchasing an additional 2,609 shares during the period. Bank of Nova Scotia’s holdings in Mastercard were worth $96,044,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Border to Coast Pensions Partnership Ltd raised its stake in Mastercard by 7.3% during the 1st quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider’s stock valued at $70,089,000 after purchasing an additional 9,504 shares during the period. Assetmark Inc. boosted its stake in Mastercard by 4.5% in the 4th quarter. Assetmark Inc. now owns 229,299 shares of the credit services provider’s stock worth $130,902,000 after purchasing an additional 9,795 shares during the period. Global X Japan Co. Ltd. grew its holdings in Mastercard by 396.3% during the 4th quarter. Global X Japan Co. Ltd. now owns 46,145 shares of the credit services provider’s stock valued at $26,343,000 after buying an additional 36,848 shares in the last quarter. Marble Wealth LLC bought a new stake in shares of Mastercard during the fourth quarter valued at approximately $1,328,000. Finally, Canada Post Corp Registered Pension Plan raised its position in shares of Mastercard by 6.1% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 65,414 shares of the credit services provider’s stock valued at $37,344,000 after buying an additional 3,768 shares during the last quarter. Institutional investors own 97.28% of the company’s stock.

Analysts Set New Price Targets MA has been the subject of a number of research reports. TD Cowen dropped their target price on shares of Mastercard from $671.00 to $664.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Piper Sandler initiated coverage on Mastercard in a report on Monday, June 29th. They set an “overweight” rating and a $597.00 price objective on the stock. BMO Capital Markets assumed coverage on shares of Mastercard in a report on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 target price for the company. Susquehanna reduced their price target on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research report on Friday, May 1st. Finally, Weiss Ratings lowered shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Eight research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $653.92.

Read Our Latest Research Report on Mastercard

Mastercard Stock Performance Mastercard stock opened at $530.52 on Friday. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.77. The firm has a market capitalization of $468.75 billion, a P/E ratio of 30.70, a price-to-earnings-growth ratio of 1.66 and a beta of 0.73. The company’s 50-day moving average is $507.37 and its 200 day moving average is $514.85.

Mastercard (NYSE:MA – Get Free Report) last announced its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.41 by $0.19. The business had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.73 earnings per share. Research analysts forecast that Mastercard Incorporated will post 19.62 EPS for the current year.

Mastercard Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be paid a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, July 9th. Mastercard’s dividend payout ratio (DPR) is currently 20.14%.

Insider Buying and Selling In related news, insider Sandra A. Arkell sold 200 shares of the business’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $540.00, for a total transaction of $108,000.00. Following the completion of the transaction, the insider owned 3,322 shares in the company, valued at $1,793,880. The trade was a 5.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $529.73, for a total value of $1,047,276.21. Following the completion of the transaction, the insider directly owned 16,429 shares in the company, valued at $8,702,934.17. This trade represents a 10.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,005 shares of company stock valued at $3,689,976 over the last three months. 0.09% of the stock is owned by corporate insiders.

Key Headlines Impacting Mastercard Here are the key news stories impacting Mastercard this week:

Positive Sentiment: Mastercard announced new enhancements to its virtual card platform, including stronger security controls, embedded payments capabilities, and single-API access. This supports growth in B2B payments and could improve adoption of Mastercard’s commercial payment tools. Mastercard Expands Virtual Card Platform with New Security Controls, Embedded Payments Network and Single API Access Positive Sentiment: Mastercard is being highlighted by commentators like Jim Cramer as a “tech company in bank clothing,” reinforcing the market’s view of MA as a high-margin payments compounder with durable growth characteristics. Mastercard (NYSE:MA): Jim Cramer’s “Tech Company in Bank Clothing” Positive Sentiment: Wall Street expectations are building for Mastercard’s upcoming earnings report, with analysts looking for another earnings beat and continued profit growth. That can support the stock if results and guidance confirm strong consumer spending and transaction volume trends. MasterCard (MA) Reports Next Week: Wall Street Expects Earnings Growth Neutral Sentiment: Mastercard is also expanding into the creator economy through a new debit card partnership, which adds another growth avenue but is not yet large enough to move fundamentals on its own. Mastercard Sees the Next Payments Customer in the Creator Economy Neutral Sentiment: Several recent articles and market commentary have focused on Mastercard’s valuation, long-term moat, and competitive positioning versus peers like Affirm. These pieces are more about sentiment than immediate catalysts, though they contribute to the mixed tone around the stock. Mastercard vs. Affirm: Which Fintech Stock Has More Room to Run? Negative Sentiment: Some coverage suggests Mastercard may be less attractive than faster-growing fintech names such as Affirm on a valuation and upside basis, which could temper investor enthusiasm. Mastercard vs. Affirm: Which Fintech Stock Has More Room to Run? Negative Sentiment: There is also ongoing speculation about a possible sale of a majority stake in Mastercard’s UK payments subsidiary Vocalink, which adds uncertainty around a key infrastructure asset. Is Mastercard (MA) Cheap Or Fully Valued On Vocalink Sale Talk? Mastercard Company Profile (Free Report)

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

Recommended Stories Five stocks we like better than Mastercard Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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2026-07-24 11:49 3d ago
2026-07-24 04:03 3d ago
Bank of Nova Scotia Has $109.28 Million Holdings in Visa Inc. $V
V Visa
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia trimmed its holdings in shares of Visa Inc. (NYSE:V – Free Report) by 14.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 361,551 shares of the credit-card processor’s stock after selling 61,661 shares during the period. Bank of Nova Scotia’s holdings in Visa were worth $109,277,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of V. Planned Solutions Inc. lifted its position in shares of Visa by 2.0% during the 4th quarter. Planned Solutions Inc. now owns 1,598 shares of the credit-card processor’s stock valued at $560,000 after acquiring an additional 31 shares during the period. Frederick Financial Consultants LLC grew its holdings in Visa by 2.0% in the fourth quarter. Frederick Financial Consultants LLC now owns 1,598 shares of the credit-card processor’s stock worth $560,000 after purchasing an additional 31 shares during the period. Spinnaker Investment Group LLC grew its holdings in Visa by 3.0% in the fourth quarter. Spinnaker Investment Group LLC now owns 1,088 shares of the credit-card processor’s stock worth $382,000 after purchasing an additional 32 shares during the period. Kuhn & Co Investment Counsel increased its stake in Visa by 0.5% in the fourth quarter. Kuhn & Co Investment Counsel now owns 6,096 shares of the credit-card processor’s stock valued at $2,138,000 after purchasing an additional 32 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL increased its stake in Visa by 20.9% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 185 shares of the credit-card processor’s stock valued at $65,000 after purchasing an additional 32 shares in the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Insider Transactions at Visa In other news, General Counsel Julie B. Rottenberg sold 2,027 shares of the stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total value of $729,720.00. Following the completion of the sale, the general counsel owned 18,404 shares in the company, valued at $6,625,440. This represents a 9.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 10,490 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $343.99, for a total transaction of $3,608,455.10. Following the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at $5,219,704.26. The trade was a 40.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 75,581 shares of company stock worth $25,627,975 in the last quarter. 0.12% of the stock is currently owned by corporate insiders.

Visa News Roundup Here are the key news stories impacting Visa this week:

Positive Sentiment: Visa announced a partnership with Airwallex to build embedded-finance tools for freight and shipping platforms, a move that could expand Visa’s footprint in cross-border B2B payments and working-capital solutions. Visa and Airwallex Team on Embedded Finance for Freight Companies Positive Sentiment: DoorDash’s new instant-deposit features for drivers use Visa Direct, highlighting continued adoption of Visa’s real-time money-movement infrastructure in consumer and gig-economy payments. DoorDash Launches Instant Deposits for DoorDash Crimson with Astra Positive Sentiment: BNP Paribas Exane upgraded Visa to “strong-buy,” adding to the bullish case that the company’s earnings momentum and premium network position can support further upside. Visa upgraded by BNP Paribas Exane Neutral Sentiment: Several preview articles ahead of Visa’s fiscal Q3 results point to continued revenue and earnings growth, with consensus estimates around $3.23 EPS on $11.35 billion in revenue; investors are waiting to see whether the company can justify its valuation when it reports next week. Visa’s Q3 Earnings Could be a Catalyst: Should You Buy Now? Neutral Sentiment: Jim Cramer also highlighted Visa as a beneficiary of resilient consumer credit demand, which reinforces a positive spending backdrop but does not change the near-term fundamentals on its own. Jim Cramer Highlights Visa (V) as Consumer Credit Demand Soars Negative Sentiment: A Reuters report on new U.S. visa restrictions targeting people tied to cybercrime is not directly related to Visa Inc.’s payments business, but the headline may have created some noise for the stock due to the shared name. US announces visa restriction policy for people complicit in cybercrime Analyst Ratings Changes A number of equities analysts have recently issued reports on V shares. Oppenheimer reissued an “outperform” rating and set a $403.00 price objective (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. Morgan Stanley reaffirmed an “overweight” rating and issued a $415.00 target price on shares of Visa in a research report on Wednesday, April 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $400.00 price target on shares of Visa in a research note on Wednesday, April 29th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $450.00 price target on shares of Visa in a report on Tuesday, June 2nd. Finally, UBS Group raised their price objective on Visa from $390.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Eight equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $398.36.

Get Our Latest Stock Analysis on V

Visa Stock Down 0.5% Shares of NYSE:V opened at $351.68 on Friday. The business’s 50 day moving average is $336.98 and its 200 day moving average is $325.13. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $365.14. The stock has a market cap of $630.84 billion, a price-to-earnings ratio of 30.63, a PEG ratio of 1.88 and a beta of 0.75. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64.

Visa (NYSE:V – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.75 billion. During the same period in the prior year, the firm posted $2.76 EPS. Visa’s quarterly revenue was up 17.1% compared to the same quarter last year. On average, sell-side analysts forecast that Visa Inc. will post 13.13 earnings per share for the current fiscal year.

Visa declared that its Board of Directors has authorized a share repurchase program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Visa Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were paid a $0.67 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Visa’s dividend payout ratio is presently 23.34%.

About Visa (Free Report)

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.

Read More Five stocks we like better than Visa Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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« PREVIOUS HEADLINEBank of Nova Scotia Has $80.89 Million Holdings in Celestica, Inc. $CLS

NEXT HEADLINE »Bank of Nova Scotia Sells 1,486,585 Shares of iShares Core S&P 500 ETF $IVV
2026-07-24 11:49 3d ago
2026-07-24 06:45 3d ago
Bank of America Increases Common Stock Dividend 14% to $0.32 Per Share
BAC Bank of America
FMP Stock News
Original source text
, /PRNewswire/ -- Bank of America Corporation today announced that the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.32 per share, up $0.04 from the prior quarter, an increase of 14%. The dividend is payable on September 25, 2026 to shareholders of record as of September 4, 2026.

"The increase in our dividend reflects the strength of our earnings, the power of our franchise and our confidence in Bank of America's ability to drive long-term growth and create value for shareholders," said Bank of America Chair and CEO Brian Moynihan. "Today's announcement also reflects our continued commitment to return excess capital to shareholders while supporting economic growth, investing in clients and communities, and maintaining strength and stability through the economic cycle."

The company also continues to repurchase common stock under a $40 billion authorization from the Board of Directors, which has been in effect since August 1, 2025. In the first half of 2026, the company repurchased $13.2 billion of common stock and paid $4 billion in dividends. As of June 30, 2026, the current share repurchase program had approximately $17 billion in common stock repurchases remaining.

Bank of America's ability to make capital distributions depends, in part, on its ability to maintain regulatory capital levels above minimum capital requirements. The timing and amount of common stock repurchases made pursuant to the Bank of America common stock repurchase program are subject to various factors, including the company's capital position, liquidity, financial performance and alternative uses of capital, stock trading price, regulatory requirements and general market conditions, and may be suspended or discontinued at any time. Such repurchases may be effected through open market purchases or privately negotiated transactions, including repurchase plans that satisfy the conditions of Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

The Board also declared a regular quarterly cash dividend of $1.75 per share on the 7% Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on October 23, 2026 to shareholders of record as of October 9, 2026.

Forward-looking statements

Certain statements contained in this news release may constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements often use words like "expects," "anticipates," "believes," "estimates," "targets," "intends," "plans," "predicts," "goal" and other similar expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could." Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.

Forward-looking statements represent Bank of America's current expectations, plans or forecasts of its future results, revenues, expenses, dividends, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of its future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of America's control. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of America's filings with the Securities and Exchange Commission (SEC), including in Bank of America's Current Report on Form 8-K dated July 23, 2025, announcing Bank of America's common stock repurchase program, under Item 1A. "Risk Factors" of Bank of America's Annual Report on Form 10-K for the year ended December 31, 2025, and in any of Bank of America's other subsequent SEC filings.

Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Investors may contact

Lee McEntire, Bank of America
Phone: 1.980.388.6780
[email protected]

Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
[email protected]

Reporters may contact

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
[email protected]

SOURCE Bank of America Corporation
2026-07-24 11:49 3d ago
2026-07-24 03:59 3d ago
Walmart Inc. $WMT Shares Bought by Bank of Nova Scotia
WMT Walmart
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia boosted its holdings in shares of Walmart Inc. (NASDAQ:WMT – Free Report) by 379.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,258,338 shares of the retailer’s stock after purchasing an additional 3,370,380 shares during the quarter. Walmart makes up 0.9% of Bank of Nova Scotia’s holdings, making the stock its 19th largest position. Bank of Nova Scotia owned about 0.05% of Walmart worth $529,184,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Brighton Jones LLC increased its stake in Walmart by 28.8% in the fourth quarter. Brighton Jones LLC now owns 98,150 shares of the retailer’s stock valued at $8,868,000 after purchasing an additional 21,939 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Walmart by 5.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,849 shares of the retailer’s stock valued at $800,000 after buying an additional 485 shares during the last quarter. Peterson Wealth Management increased its stake in shares of Walmart by 3.5% during the first quarter. Peterson Wealth Management now owns 50,307 shares of the retailer’s stock worth $4,416,000 after acquiring an additional 1,715 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Walmart by 0.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 13,008 shares of the retailer’s stock worth $1,272,000 after buying an additional 116 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in Walmart by 1.2% in the second quarter. Schnieders Capital Management LLC. now owns 91,341 shares of the retailer’s stock valued at $8,931,000 after acquiring an additional 1,048 shares during the period. 26.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets WMT has been the topic of a number of research analyst reports. Wolfe Research reiterated an “outperform” rating and set a $137.00 target price (up from $135.00) on shares of Walmart in a research report on Monday, May 11th. TD Cowen reissued a “buy” rating and set a $150.00 price target (up from $145.00) on shares of Walmart in a research note on Thursday, May 7th. KeyCorp reissued an “overweight” rating on shares of Walmart in a research report on Friday, May 22nd. Sanford C. Bernstein reissued an “outperform” rating on shares of Walmart in a research report on Monday, June 8th. Finally, Evercore reissued an “outperform” rating on shares of Walmart in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Walmart presently has an average rating of “Moderate Buy” and an average price target of $138.85.

Read Our Latest Stock Report on Walmart

Key Walmart News Here are the key news stories impacting Walmart this week:

Positive Sentiment: Royal Bank of Canada reaffirmed an outperform rating on Walmart and raised its price target to $137, signaling meaningful upside potential from current levels. Benzinga report on RBC rating Positive Sentiment: Several recent articles highlight Walmart as a wide-moat and growth stock, pointing to durable competitive advantages and steady financial growth that can support investor confidence. Wide-moat stocks article Positive Sentiment: Walmart announced a partnership with ReturnPro to refurbish and resell returned products, which could improve e-commerce efficiency, recover losses from returns, and reduce waste. Yahoo Finance ReturnPro partnership article Neutral Sentiment: Media coverage on Walmart’s dividend history may attract income-focused investors, but it does not appear to be a new catalyst for the stock today. TheStreet dividend article Neutral Sentiment: Technical commentary notes Walmart’s extended downturn could set up a possible rebound, but this is more of a sentiment/valuation call than a fundamental change. MSN comeback article Negative Sentiment: RBC and other market commentary suggest Walmart may report a softer fiscal Q2 as lower-income shoppers remain under pressure, raising concerns about near-term sales momentum. Yahoo Finance softer Q2 article Negative Sentiment: One article argues Walmart has lagged the market over the past several months, with recent softer results contributing to investor caution. Yahoo Finance stock falls article Insider Buying and Selling at Walmart In other Walmart news, Director C Douglas Mcmillon sold 19,416 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $118.63, for a total value of $2,303,320.08. Following the sale, the director directly owned 4,174,579 shares of the company’s stock, valued at $495,230,306.77. This trade represents a 0.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher James Nicholas sold 2,900 shares of Walmart stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $118.19, for a total transaction of $342,751.00. Following the completion of the sale, the executive vice president owned 574,953 shares in the company, valued at approximately $67,953,695.07. This represents a 0.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 67,729 shares of company stock worth $8,124,931. 0.09% of the stock is owned by company insiders.

Walmart Trading Down 0.9% WMT opened at $108.40 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.77 and a quick ratio of 0.23. Walmart Inc. has a 12-month low of $95.35 and a 12-month high of $135.15. The firm’s fifty day moving average price is $117.18 and its 200 day moving average price is $122.06. The stock has a market capitalization of $862.66 billion, a PE ratio of 38.04, a P/E/G ratio of 4.08 and a beta of 0.60.

Walmart (NASDAQ:WMT – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The retailer reported $0.66 earnings per share for the quarter, meeting the consensus estimate of $0.66. Walmart had a return on equity of 21.25% and a net margin of 3.13%.The firm had revenue of $177.75 billion during the quarter, compared to analyst estimates of $174.84 billion. During the same period in the previous year, the company earned $0.61 earnings per share. Walmart’s quarterly revenue was up 7.4% on a year-over-year basis. Walmart has set its FY 2027 guidance at 2.750-2.850 EPS and its Q2 2027 guidance at 0.720-0.740 EPS. As a group, research analysts expect that Walmart Inc. will post 2.89 EPS for the current fiscal year.

Walmart Profile (Free Report)

Walmart is a multinational retail corporation that operates a broad portfolio of store formats and digital services. Its core business includes large-format supercenters, discount department stores, neighborhood grocery stores and a membership warehouse chain, Sam’s Club. The company’s merchandising mix covers groceries, household goods, apparel, electronics and pharmacy services, supplemented by private-label products and category-specific offerings. Walmart pairs its physical store network with online platforms and mobile applications to provide omnichannel shopping, fulfillment and delivery options for consumers and businesses.

The company was founded by Sam Walton, who opened the first store in Rogers, Arkansas in 1962; it is headquartered in Bentonville, Arkansas.

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« PREVIOUS HEADLINEAssetmark Inc. Decreases Position in Marvell Technology, Inc. $MRVL

NEXT HEADLINE »Bank of Nova Scotia Buys 248,965 Shares of Norfolk Southern Corporation $NSC
2026-07-24 11:49 3d ago
2026-07-24 03:48 3d ago
Balefire LLC Grows Stock Position in JPMorgan Chase & Co. $JPM
JPM JPMorgan Chase
FMP Stock News
Original source text
Balefire LLC increased its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 18.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,836 shares of the financial services provider’s stock after buying an additional 1,855 shares during the quarter. Balefire LLC’s holdings in JPMorgan Chase & Co. were worth $3,482,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in JPMorgan Chase & Co. in the 4th quarter valued at $11,396,496,000. Cardano Risk Management B.V. lifted its position in shares of JPMorgan Chase & Co. by 889.3% during the fourth quarter. Cardano Risk Management B.V. now owns 8,673,530 shares of the financial services provider’s stock worth $2,794,785,000 after purchasing an additional 7,796,814 shares during the last quarter. American Assets Investment Management LLC grew its holdings in shares of JPMorgan Chase & Co. by 1,172.2% in the fourth quarter. American Assets Investment Management LLC now owns 2,259,400 shares of the financial services provider’s stock worth $728,024,000 after purchasing an additional 2,081,800 shares during the last quarter. Viking Global Investors LP grew its holdings in shares of JPMorgan Chase & Co. by 86.1% in the second quarter. Viking Global Investors LP now owns 4,042,034 shares of the financial services provider’s stock worth $1,171,826,000 after purchasing an additional 1,870,386 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in JPMorgan Chase & Co. in the 4th quarter worth about $474,516,000. 71.55% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets In other news, COO Jennifer Piepszak sold 4,919 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $309.42, for a total transaction of $1,522,036.98. Following the sale, the chief operating officer owned 85,082 shares in the company, valued at approximately $26,326,072.44. The trade was a 5.47% decrease in their ownership of the stock. The sale was disclosed in a legal 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, CFO Jeremy Barnum sold 3,022 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total value of $935,037.02. Following the sale, the chief financial officer owned 32,438 shares in the company, valued at $10,036,641.58. The trade was a 8.52% 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. Over the last 90 days, insiders sold 18,876 shares of company stock valued at $5,907,051. 0.41% of the stock is currently owned by corporate insiders.

Trending Headlines about JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan raised $9 billion through debt offerings, underscoring its access to cheap funding and strong balance-sheet flexibility. JPMorgan Chase Raises $9 Billion Through Debt Offerings Positive Sentiment: The company’s Q2 results showed record revenue and a record $21.2 billion quarterly profit, reinforcing earnings momentum and helping support the stock’s recent strength. JPMorgan Chase Q2 2026 Earnings Call Transcript Positive Sentiment: Multiple market commentary pieces highlighted JPMorgan’s AI-driven efficiency and growth potential, with some suggesting the bank could be on a path toward a $1 trillion market cap. JPMorgan’s AI Advantage Positions the Bank for a $1T Market Cap Neutral Sentiment: JPMorgan amended its bylaws to strengthen board independence, a governance-related move that is unlikely to move the stock on its own. JPMorgan Chase Strengthens Board Independence With Bylaw Change Negative Sentiment: House lawmakers grilled former executive Jes Staley over Jeffrey Epstein ties, keeping reputational risk and regulatory scrutiny in the headlines. House lawmakers grill former JPMorgan executive Jes Staley over Epstein ties JPMorgan Chase & Co. Stock Up 0.3% NYSE:JPM opened at $349.40 on Friday. The company’s 50-day simple moving average is $322.64 and its 200-day simple moving average is $310.84. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.86 and a current ratio of 0.85. JPMorgan Chase & Co. has a fifty-two week low of $279.10 and a fifty-two week high of $351.24. The stock has a market capitalization of $936.23 billion, a P/E ratio of 14.97, a P/E/G ratio of 1.54 and a beta of 0.99.

JPMorgan Chase & Co. Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a $1.50 dividend. The ex-dividend date is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.7%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 25.71%.

Analyst Ratings Changes A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of JPMorgan Chase & Co. from $360.00 to $375.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Autonomous Res dropped their target price on shares of JPMorgan Chase & Co. from $360.00 to $324.00 and set a “neutral” rating on the stock in a research note on Monday, April 6th. Bank of America raised their target price on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Evercore reaffirmed an “outperform” rating and set a $360.00 price target on shares of JPMorgan Chase & Co. in a research note on Monday, July 6th. Finally, Morgan Stanley reiterated a “positive” rating and issued a $370.00 price target on shares of JPMorgan Chase & Co. in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $358.67.

Read Our Latest Stock Report on JPM

About JPMorgan Chase & Co. (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Featured Stories Five stocks we like better than JPMorgan Chase & Co. Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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2026-07-24 11:49 3d ago
2026-07-24 03:59 3d ago
Bank of Nova Scotia Trims Holdings in Johnson & Johnson $JNJ
JNJ Johnson & Johnson
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia reduced its stake in Johnson & Johnson (NYSE:JNJ – Free Report) by 36.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 761,803 shares of the company’s stock after selling 433,751 shares during the quarter. Bank of Nova Scotia’s holdings in Johnson & Johnson were worth $186,215,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JNJ. Brighton Jones LLC increased its stake in Johnson & Johnson by 13.9% during the 4th quarter. Brighton Jones LLC now owns 51,876 shares of the company’s stock worth $7,502,000 after buying an additional 6,332 shares during the period. United Bank boosted its position in Johnson & Johnson by 110.7% in the 1st quarter. United Bank now owns 9,279 shares of the company’s stock valued at $1,539,000 after buying an additional 4,876 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Johnson & Johnson by 13.4% in the second quarter. Sivia Capital Partners LLC now owns 5,863 shares of the company’s stock worth $896,000 after acquiring an additional 692 shares in the last quarter. Wealth Group Ltd. increased its position in shares of Johnson & Johnson by 12.8% during the second quarter. Wealth Group Ltd. now owns 1,482 shares of the company’s stock worth $226,000 after acquiring an additional 168 shares during the period. Finally, Schnieders Capital Management LLC. raised its stake in shares of Johnson & Johnson by 9.8% in the second quarter. Schnieders Capital Management LLC. now owns 73,680 shares of the company’s stock valued at $11,255,000 after acquiring an additional 6,584 shares in the last quarter. Institutional investors and hedge funds own 69.55% of the company’s stock.

Johnson & Johnson News Roundup Here are the key news stories impacting Johnson & Johnson this week:

Positive Sentiment: The FDA granted marketing authorization for J&J’s OTTAVA robotic surgical system, a potentially meaningful new business in soft-tissue robotics that could expand the MedTech division. Reuters article Positive Sentiment: J&J also reported encouraging late-stage data for its multiple myeloma therapies Tecvayli and Talvey, with the MonumenTAL-6 study showing large reductions in progression risk and death, strengthening the company’s oncology pipeline. PR Newswire article Positive Sentiment: Investors are also responding to J&J’s recent quarterly earnings beat and upbeat 2026 outlook, which has boosted sentiment around the stock and drawn interest from ETF investors. Yahoo Finance article Positive Sentiment: J&J raised its dividend, reinforcing its appeal as a defensive income stock and supporting demand from dividend-focused investors. Yahoo Finance article Neutral Sentiment: Several articles were commentary pieces discussing J&J’s valuation, ETF exposure, and investor attention, but they do not add a new fundamental catalyst on their own. MarketBeat article Negative Sentiment: A Reuters report said a judge cast doubt on roughly 69,000 talc-related cancer claims, which could still keep legal uncertainty in focus despite being framed as a procedural win for J&J. Reuters article Analysts Set New Price Targets Several research analysts recently commented on the company. Royal Bank Of Canada boosted their target price on Johnson & Johnson from $265.00 to $287.00 and gave the stock an “outperform” rating in a research note on Monday, July 13th. Bank of America upped their target price on shares of Johnson & Johnson from $254.00 to $263.00 and gave the stock a “neutral” rating in a research note on Friday, July 10th. Argus raised their target price on shares of Johnson & Johnson from $240.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, April 16th. Scotiabank reiterated an “outperform” rating and issued a $305.00 price target on shares of Johnson & Johnson in a research note on Thursday, July 16th. Finally, Guggenheim reissued a “buy” rating and issued a $270.00 price objective on shares of Johnson & Johnson in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $265.30.

Get Our Latest Stock Analysis on JNJ

Insider Activity In related news, EVP Kathryn E. Wengel sold 10,000 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $241.15, for a total value of $2,411,500.00. Following the transaction, the executive vice president directly owned 114,288 shares of the company’s stock, valued at $27,560,551.20. This trade represents a 8.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.16% of the company’s stock.

Johnson & Johnson Trading Up 1.5% JNJ opened at $259.34 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.77 and a current ratio of 1.03. Johnson & Johnson has a one year low of $164.23 and a one year high of $269.43. The company has a market cap of $624.29 billion, a P/E ratio of 30.05, a PEG ratio of 2.43 and a beta of 0.24. The business’s 50-day simple moving average is $241.98 and its 200-day simple moving average is $236.13.

Johnson & Johnson (NYSE:JNJ – Get Free Report) last posted its earnings results on Wednesday, July 15th. The company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.06. The firm had revenue of $25.31 billion during the quarter, compared to analysts’ expectations of $25.06 billion. Johnson & Johnson had a return on equity of 32.86% and a net margin of 21.48%.The firm’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.77 earnings per share. Johnson & Johnson has set its FY 2026 guidance at 11.600-11.750 EPS. As a group, equities research analysts expect that Johnson & Johnson will post 11.68 EPS for the current fiscal year.

Johnson & Johnson Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Tuesday, August 25th will be issued a $1.34 dividend. The ex-dividend date is Tuesday, August 25th. This represents a $5.36 annualized dividend and a dividend yield of 2.1%. Johnson & Johnson’s dividend payout ratio is presently 62.11%.

Johnson & Johnson Profile (Free Report)

Johnson & Johnson is a multinational healthcare company headquartered in New Brunswick, New Jersey, that develops, manufactures and markets a broad range of products across pharmaceuticals, medical devices and previously consumer health. Founded in 1886 by the Johnson family, the company has grown into a global healthcare organization with operations and sales in many countries around the world.

The company’s pharmaceuticals business, organized largely under its Janssen research and development organization, focuses on prescription medicines across therapeutic areas such as immunology, infectious disease, oncology and neuroscience.

Read More Five stocks we like better than Johnson & Johnson Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding JNJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson & Johnson (NYSE:JNJ – Free Report).

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2026-07-24 11:49 3d ago
2026-07-24 07:06 3d ago
2 of Warren Buffett's Biggest Swings and Misses Share a Common Theme
DIS Walt Disney
FMP Stock News
Original source text
On Dec. 31, arguably the greatest investor of our generation, Warren Buffett, hung up his work coat for the final time as CEO of Berkshire Hathaway (BRKA +0.53%)(BRKB +0.24%). During his more than half-century as CEO, he led Berkshire's Class A shares (BRKA) to a nearly 6,100,000% return, earning him the "Oracle of Omaha" nickname.

But Warren Buffett was fallible. Although he's affably remembered for his first rule of investing, "don't lose money," he had his fair share of investing foul-ups as Berkshire's boss. However, none of his swings and misses have arguably been as sizable as with Apple (AAPL -1.27%) and Walt Disney (DIS -3.00%).

Warren Buffett retired as Berkshire's CEO on Dec. 31. Image source: The Motley Fool.

Warren Buffett was fallible, but being wrong never cost him (or Berkshire) a fortune Occasionally, the Oracle of Omaha's investments didn't go as planned.

For instance, Buffett made a sizable investment in Paramount (now Paramount Skydance) in early 2022. By the midpoint of 2024, the entirety of this stake was disposed of, with Paramount's stock crumbling under the weight of cord-cutting and a reduced dividend.

It was a similar story for Berkshire's boss during the early stages of the COVID-19 pandemic. Roughly six years ago, he sold more than $4 billion in various airline stocks, taking steep losses in the process.

But these aren't Buffett's largest nominal-dollar misses at Berkshire Hathaway. Rather, it was his decision to pare down or sell shares of Apple and Walt Disney (in hindsight) far too early.

Image source: Getty Images.

The Oracle or Omaha's biggest misses came from selling too early In the nine quarters leading up to his retirement (Oct. 1, 2023 – Dec. 31, 2025), Buffett sold 687,642,574 shares of Apple, equating to roughly 75% of his company's stake. On Sept. 29, 2023, Apple's stock closed at $171.21. As of July 22, 2026, Apple's shares had rallied to $325.89. Had Warren Buffett not sold a single share of Apple since the third quarter of 2023, Berkshire's stake in the company would have appreciated by another $106.4 billion!

Berkshire's now-former boss's error with Walt Disney wasn't nearly as steep -- but it's not a drop in the bucket, either. In 1966, he and a consortium of investors took a 5% stake in theme-park operator and burgeoning media company Disney for (drum roll)... $4 million. He flipped this stake one year later (1967) for $6 million. Today, a 5% stake in Disney would be worth around $8.3 billion.

Today's Change

(

-3.00

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-2.88

Current Price

$

92.99

The kicker is that Buffett had a second chance with Walt Disney stock in 1996. Disney acquired Capital Cities/ABC in an all-stock deal, and Berkshire was a shareholder in Capital Cities/ABC. Although Warren Buffett held these shares for a few years, he ultimately kicked Disney to the curb by 2000.

The Oracle of Omaha's most memorable misses weren't stocks that he got wrong -- it was the companies he was spot-on about that he sold too early.
2026-07-24 11:48 3d ago
2026-07-24 07:00 3d ago
Verizon Delivers Record 2Q26 Results as Strategic Transformation Ignites Accelerated Growth
VZ Verizon
FMP Stock News
Original source text
Key Highlights: 

Mobility and broadband service revenue grew by 2.8 percent in second-quarter 2026, and forecasted to rise to approximately 4.0 percent growth in fourth-quarter 2026Delivered 184,000 postpaid phone net additions, with the best Consumer second-quarter postpaid phone net additions in the past five yearsGenerated more than 550,000 total mobility and broadband net additions in second-quarter 2026, an increase of more than 230,000 compared to second-quarter 2025Delivered more than 1 million mobility and broadband net additions in first-half of 2026, more than doubling the mobility and broadband net additions in first-half of 2025Built account momentum, achieving new postpaid account growth over the past 60 daysGrew cash flow from operations in first-half of 2026 by 9.9 percent compared to first-half of 2025 to fuel a 16.0 percent surge in free cash flow1. Second-quarter 2026 cash flow from operations grew by 16.3 percent and free cash flow1 grew by 24.4 percentExecuted with strict operational discipline and delivered solid consolidated net income performance to drive the highest adjusted EBITDA1 and adjusted EBITDA margin1 ever reportedRaised full year guidance for mobility and broadband service revenue, cash flow from operations, free cash flow1 and adjusted earnings per share (EPS)1Returned $9.4 billion in total capital to shareholders in first-half of 2026 while expanding the full-year share buyback target to up to $4.5 billion NEW YORK, July 24, 2026 (GLOBE NEWSWIRE) -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced exceptional second-quarter 2026 financial and operational results, showcasing how its customer-first strategic transformation is driving sustainable growth and momentum. Intense operational discipline and improved unit economics translated directly into subscriber growth, lower churn, strong operating cash flow and industry-leading free cash flow¹ generation. With these results, Verizon raised its full-year guidance for the second consecutive quarter. Verizon also expanded its full-year share buyback target to up to $4.5 billion.

“We’re putting customers at the center of every decision we make,” said Dan Schulman, Verizon CEO. “With recent updates including our new Simplicity plans, Verizon One converged offerings, and an industry-leading loyalty program, we are gaining subscribers and earning long-term retention based on real value rather than subsidized promotions. Our second-quarter results provide clear, compelling evidence that this transformation is driving a structural inflection point across our entire business. We are accelerating across our key metrics, achieving a step-change in churn reduction while lowering our customer acquisition and retention costs. By compounding lower churn with healthier unit economics, we have generated the strongest operating position we have seen in years. Our core connectivity business is gaining momentum, and with the emergence of AI infrastructure revenue, we are fundamentally reshaping Verizon’s growth trajectory.”

2Q 2026 Highlights

Mobility and Broadband 

Mobility and broadband service revenue reached approximately $23.4 billion, representing a 2.8 percent increase year-over-year.In second-quarter 2026, Verizon reported total postpaid phone net additions of 184,000, with the best Consumer second-quarter postpaid phone net additions in five years.Total core prepaid2 net additions were 73,000, representing eight consecutive quarters of positive net additions.Verizon delivered 348,000 broadband net additions in second-quarter 2026, a year-over-year increase of 12.3 percent. This includes total fixed wireless access net additions of 193,000 and 155,000 fiber broadband net additions.Verizon now has approximately 17.1 million fixed wireless access and fiber broadband connections. Consolidated Financial Results

Total operating revenue was $34.3 billion, down 0.7 percent year-over-year, as sequential improvement in mobility and broadband service revenue was offset by a nearly 20 percent, or over $1.2 billion, decline in equipment revenue. This decline resulted primarily from significantly lower upgrade volumes, as the average time customers keep their mobile devices continues to increase, and the company's strategic decision to reduce spending on device subsidies. It is another demonstration of Verizon’s more disciplined approach as the company structurally evolves its business model.Consolidated net income was $3.9 billion, a 22.9 percent decrease year-over-year. This decrease was primarily driven by $1.8 billion in pre-tax special items, including, among others, a $746 million loss on disposition of business in connection with the classification of the net assets representing Verizon's international wireline connectivity and managed network services business as assets and liabilities held for sale; asset rationalization charges of $258 million; and severance charges of $397 million.Consolidated adjusted EBITDA1 grew 7.2 percent year-over-year to $13.7 billion, the highest the company ever reported.Consolidated net income margin was 11.5 percent compared to 14.8 percent in second-quarter 2025.Consolidated adjusted EBITDA1 margin grew from 37.1 to 40.1 percent, the highest the company ever reported.EPS was $0.92 in second-quarter 2026, a 22.0 percent decrease compared to $1.18 in second-quarter 2025; adjusted EPS1, excluding special items, was $1.30 in second-quarter 2026, a 6.6 percent increase compared to $1.22 in second-quarter 2025.Cash flow from operations was $18.4 billion for the first-half of the year compared to $16.8 billion for the first-half of 2025, representing a growth rate of 9.9 percent.Capital expenditures were $8.2 billion through the end of the second quarter, as the company continues to invest strategically for network excellence and future growth opportunities within mobility and broadband.Free cash flow1 was $10.2 billion for the first-half of 2026 compared to $8.8 billion for the first-half of 2025, representing a growth rate of 16.0 percent.In second quarter 2026, strong cash from operations was $10.4 billion, up 16.3 percent year-over-year. Free cash flow1 was $6.4 billion, up 24.4 percent year-over-year, marking one of the strongest free cash flow¹ quarters ever reported.Verizon's total unsecured debt as of the end of second-quarter 2026 was $136.5 billion, compared to $142.5 billion at the end of first-quarter 2026. The company's net unsecured debt1 at the end of second-quarter 2026 was $128.7 billion compared to $130.1 billion at the end of first-quarter 2026. At the end of second-quarter 2026, Verizon's ratio of unsecured debt to consolidated net income (LTM) was 8.2 times and its net unsecured debt to consolidated adjusted EBITDA ratio1 was 2.5 times.Verizon successfully completed $1.0 billion of share repurchases in second-quarter 2026, bringing year-to-date repurchases to $3.5 billion. The full-year share repurchase target has been raised to up to $4.5 billion. Outlook and Guidance

Verizon does not provide a reconciliation for certain of the following adjusted (non-GAAP) forecasts because it cannot, without unreasonable effort, predict the special items that could arise, and the company is unable to address the probable significance of the unavailable information.

Given the strong second-quarter performance and visibility into the second half of the year, Verizon is raising guidance as follows:

Mobility and broadband service revenue growth for 2026 to be 2.5 to 3.0 percent, with wireless service revenue growth approximately flat in 2026 as the company transitions to sustainable volume-based growth. Total mobility and broadband service revenue growth is expected to approach 3.0 percent in third-quarter 2026 and approximately 4.0 percent in fourth-quarter 2026, accelerating from the 2.8 percent increase reported in the second-quarter 2026.Adjusted EPS1 of $4.99 to $5.04, or year-over-year growth of 6.0 to 7.0 percent, representing a significant acceleration compared to recent historical performance.Cash flow from operations growth of approximately 2.0 to 4.0 percent year-over-year.Free cash flow1 growth of 9.0 to 10.0 percent year-over-year. In addition, for 2026, Verizon continues to expect the following:

Total retail postpaid phone net additions are expected to be in the upper half of the 750,000 to 1.0 million range, which is approximately 2 to 3 times the 2025 reported result.Capital expenditures of $16.0 billion to $16.5 billion. 1 Non-GAAP financial measure. See the accompanying schedules and www.verizon.com/about/investors for reconciliations of non-GAAP financial measures cited in this document to most directly comparable financial measures under generally accepted accounting principles (GAAP).
2 Represents total prepaid results excluding our SafeLink brand.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $138.2 billion in 2025. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/about/news. For images and logos, visit verizon.com/about/news/media-resources. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Forward-looking statements

In this communication we have made forward-looking statements. These statements are based on our estimates and assumptions and are subject to risks and uncertainties. Forward-looking statements include the information concerning our possible or assumed future results of operations. Forward-looking statements also include those preceded or followed by the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “forecasts,” “hopes,” “intends,” “plans,” “targets,” "will" or similar expressions. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The following important factors, along with those discussed in our filings with the Securities and Exchange Commission (the “SEC”), could affect future results and could cause those results to differ materially from those expressed in the forward-looking statements: the effects of competition in the markets in which we operate, including the inability to successfully respond to competitive factors such as prices, promotional incentives, network performance and quality, and evolving consumer preferences; failure to take advantage of, or respond to competitors' use of, developments in technology, including artificial intelligence, and address changes in consumer demand; the inability to implement our business strategy; adverse conditions in the U.S. and international economies, including inflation and changing interest rates in the markets in which we operate; changes to international trade and tariff policies and related economic and other impacts; cyberattacks impacting our networks or systems and any resulting financial or reputational impact; our ability to implement business transformation initiatives and achieve their anticipated benefits; system failures and disruptions to our networks and operations and any resulting financial, reputational or business impact; disruption of our key suppliers’ or vendors' provisioning of products or services, including as a result of geopolitical factors, public health crises, natural disasters or extreme weather conditions; material adverse changes in labor matters and any resulting financial or operational impact; damage to our reputation or brands; changes in the regulatory environment in which we operate, including any increase in restrictions on our ability to operate our networks or businesses; allegations regarding the release of hazardous materials or pollutants into the environment from our, or our predecessors’, network assets and any related government investigations, regulatory developments, litigation, penalties and other liability, remediation and compliance costs, operational impacts or reputational damage; significant amount of outstanding debt; significant litigation and any resulting material expenses incurred in defending against lawsuits or paying awards or settlements; an adverse change in the ratings afforded our debt securities by nationally accredited ratings organizations or adverse conditions in the credit markets affecting the cost, including interest rates, and/or availability of further financing; significant increases in benefit plan costs or lower investment returns on plan assets; changes in tax laws or regulations, or in their interpretation, or challenges to our tax positions, resulting in additional tax expense or liabilities; changes in accounting assumptions that regulatory agencies, including the SEC, may require or that result from changes in the accounting rules or their application, which could result in an impact on earnings; our ability to return capital to shareholders, including the amount, timing, and effect of share repurchases and dividends; and risks associated with mergers, acquisitions, divestitures and other strategic transactions, including our ability to obtain cost savings and other synergies and anticipated benefits of completed transactions within the expected time period or at all.

Media contacts:
Katie Magnotta
201-602-9235
[email protected]

Jamie Serino
201-401-5460
[email protected]

Non-GAAP Reconciliations – Consolidated VerizonConsolidated EBITDA and Consolidated Adjusted EBITDA
(dollars in millions)Unaudited 3 Mos. Ended 6/30/26 3 Mos. Ended 3/31/26 3 Mos. Ended 12/31/25 3 Mos. Ended 9/30/25 3 Mos. Ended 6/30/25 3 Mos. Ended 3/31/25             Consolidated Net Income $3,949  $5,146  $2,448  $5,056  $5,121  $4,983 Add:            Provision for income taxes  1,325   1,638   615   1,471   1,488   1,490 Interest expense(1)  1,985   1,940   1,759   1,664   1,639   1,632 Depreciation and amortization expense(2)  5,008   4,892   4,519   4,618   4,635   4,577 Consolidated EBITDA $12,267  $13,616  $9,341  $12,809  $12,883  $12,682              Add/(subtract):            Other (income) expense, net(3) $(36) $(477) $185  $(92) $(79) $(121)Equity in (earnings) losses of unconsolidated businesses  (44)  (5)  (3)  6   3   (6)Severance charges  397   —   1,715   —   —   — Acquisition and integration related charges  135   261   39   52   —   — Asset and business rationalization  258   —   583   —   —   — Loss on disposition of business  746   —   —   —   —   —    1,456   (221)  2,519   (34)  (76)  (127)Consolidated Adjusted EBITDA $13,723  $13,395  $11,860  $12,775  $12,807  $12,555 Consolidated Operating Revenues $34,253        $34,504   Consolidated Net Income Margin  11.5%        14.8%  Consolidated Adjusted EBITDA Margin  40.1%        37.1%  Consolidated Adjusted EBITDA – Year over year change %  7.2%          
Footnotes:
(1) Includes a portion of the Acquisition and integration related charges, where applicable.
(2) Includes Amortization of acquisition-related intangible assets.
(3) Includes Pension and benefits remeasurement adjustments, where applicable.
Consolidated EBITDA and Consolidated Adjusted EBITDA (LTM)
(dollars in millions)Unaudited 12 Mos. Ended 6/30/26
 12 Mos. Ended 12/31/25     Consolidated Net Income $16,599  $17,608 Add:    Provision for income taxes  5,049   5,064 Interest expense(1)  7,348   6,694 Depreciation and amortization expense(2)  19,037   18,349 Consolidated EBITDA $48,033  $47,715      Add/(subtract):    Other income, net(3) $(420) $(107)Equity in losses of unconsolidated businesses  (46)  — Severance charges  2,112   1,715 Acquisition and integration related charges  487   91 Asset and business rationalization  841   583 Loss on disposition of business  746   —    3,720   2,282 Consolidated Adjusted EBITDA $51,753  $49,997      Footnotes:(1) Includes a portion of the Acquisition and integration related charges, where applicable.(2) Includes Amortization of acquisition-related intangible assets.(3) Includes Pension and benefits remeasurement adjustments, where applicable.
Net Unsecured Debt and Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio
(dollars in millions)
Unaudited 6/30/26
 3/31/26
 12/31/25
          Debt maturing within one year $21,783  $28,229  $18,618 Long-term debt  143,448   144,231   139,532 Total Debt  165,231   172,460   158,150 Less: Secured debt  28,760   29,962   27,067 Unsecured Debt  136,471   142,498   131,083 Less: Equity credit for junior subordinated notes(1)  6,037   4,079   1,982 Less: Cash and cash equivalents  1,752   8,366   19,048 Net Unsecured Debt $128,682  $130,053  $110,053 Consolidated Net Income (LTM) $16,599     $17,608 Unsecured Debt to Consolidated Net Income Ratio 8.2x    7.4xConsolidated Adjusted EBITDA (LTM) $51,753     $49,997 Net Unsecured Debt to Consolidated Adjusted EBITDA Ratio 2.5x    2.2x          Footnote:
(1) Represents a fifty percent equity credit related to junior subordinated notes outstanding.
Adjusted Earnings per Common Share (Adjusted EPS)
(dollars in millions, except per share amounts)
Unaudited 3 Mos. Ended 6/30/26 3 Mos. Ended 6/30/25
  Pre-tax
TaxAfter-Tax
  Pre-tax
TaxAfter-Tax
 EPS      $0.92       $1.18 Amortization of acquisition-related intangible assets $274 $(69)$205  0.05  $192 $(49)$143  0.03 Severance charges  397  (98) 299  0.07   —  —  —  — Acquisition and integration related charges  135  (18) 117  0.03   —  —  —  — Asset rationalization  258  (63) 195  0.05   —  —  —  — Loss on disposition of business  746  29  775  0.19   —  —  —  —   $1,810 $(219)$1,591 $0.38  $192 $(49)$143 $0.03 Adjusted EPS      $1.30       $1.22 Year over year change %       6.6%                        Footnote:
Adjusted EPS may not add due to rounding.
Free Cash Flow
(dollars in millions)Unaudited 3 Mos. Ended 6/30/26 3 Mos. Ended 6/30/25 6 Mos. Ended 6/30/26 6 Mos. Ended 6/30/25         Net Cash Provided by Operating Activities $10,435  $8,975  $18,419  $16,757 Capital expenditures (including capitalized software)  (4,009)  (3,808)  (8,210)  (7,953)Free Cash Flow $6,426  $5,167  $10,209  $8,804 Year over year change %  24.4%    16.0%   Free Cash Flow Forecast for Full Year 2026      (dollars in millions)
   Revised  OriginalUnaudited  Forecast  Forecast       Net Cash Provided by Operating Activities Forecast $37,940 - 38,640 $37,500 - 38,000Capital expenditures forecast (including capitalized software)  (16,000 - 16,500)  (16,000 - 16,500)Free Cash Flow Forecast $21,940 - 22,140 $21,500Net Cash Provided by Operating Activities Growth Forecast %  2.2 % - 4.0 %  1.0 % - 2.3 %Free Cash Flow Growth Forecast %  9.0 % - 10.0 %  6.80 % Non-GAAP Reconciliations – SegmentsSegment EBITDA and Segment EBITDA Margin
         Consumer        (dollars in millions)Unaudited 3 Mos. Ended 6/30/26 3 Mos. Ended 6/30/25 6 Mos. Ended 6/30/26 6 Mos. Ended 6/30/25         Operating Income $8,032  $7,643  $15,746  $15,067 Add: Depreciation and amortization expense  3,787   3,582   7,517   7,125 Segment EBITDA $11,819  $11,225  $23,263  $22,192 Year over year change %  5.3%    4.8%           Total operating revenues $26,242  $26,648  $52,695  $52,266 Operating Income Margin  30.6%  28.7%  29.9%  28.8%Segment EBITDA Margin  45.0%  42.1%  44.1%  42.5% Business        (dollars in millions)Unaudited 3 Mos. Ended 6/30/26 3 Mos. Ended 6/30/25 6 Mos. Ended 6/30/26 6 Mos. Ended 6/30/25         Operating Income $991  $724  $1,947  $1,470 Add: Depreciation and amortization expense  1,091   998   2,140   1,987 Segment EBITDA $2,082  $1,722  $4,087  $3,457 Year over year change %  20.9%    18.2%           Total operating revenues $7,155  $6,973  $14,285  $13,975 Operating Income Margin  13.9%  10.4%  13.6%  10.5%Segment EBITDA Margin  29.1%  24.7%  28.6%  24.7%                 Footnote:
In the second quarter of 2026, the net assets representing Verizon's international wireline connectivity and managed network services business were classified as assets and liabilities held for sale and moved from the Business segment to Corporate and other. Where applicable, historical segment results have been reclassified to conform to the current period presentation.
2026-07-24 11:48 3d ago
2026-07-24 07:03 3d ago
Verizon lifts annual forecasts as new mobile plans spur subscriber gains
VZ Verizon
FMP Stock News
Original source text
A contract crew from Verizon installs 5G telecommunications equipment on a tower in Orem, Utah, U.S. December 3, 2019. Picture taken December 3, 2019. REUTERS/George Frey/File Photo Purchase Licensing Rights, opens new tab

July 24 (Reuters) - Verizon (VZ.N), opens new tab raised its annual forecast for adjusted profit and free cash flow, as the network provider's latest ​unlimited 5G plans and rewards programs helped it add more wireless ‌subscribers than expected in the June quarter.

Shares of the company were up 3% in premarket trading on Friday.

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The company is in the midst of a strategic transition under ​new CEO Dan Schulman, rolling out simplified mobile plans, a ​new loyalty program and bundled wireless-broadband offerings to improve customer additions ⁠after trailing rivals in subscriber growth.

Verizon gained 184,000 monthly-bill paying wireless ​subscribers in the second quarter, surpassing estimates of 103,900 additions by analysts polled ​by FactSet.

In June, Verizon overhauled its wireless offerings with the launch of Simplicity, an unlimited wireless plan that replaces a more complex lineup with transparent pricing and includes ​access to the company's fastest 5G network and mobile hotspot data.

The company ​also introduced Verizon One, a bundled offering that pairs wireless service with home internet ‌under ⁠a single monthly bill, mirroring a broader industry push towards convergence to deepen customer relationships.

"We are gaining subscribers and earning long-term retention based on real value rather than subsidized promotions," CEO Schulman said.

The company now expects an ​annual adjusted profit ​of $4.99 to $5.04 per ⁠share, compared with prior guidance of $4.95 to $4.99.

Free cash flow is expected to grow between 9% and 10% this year, ​higher than its previous estimate of about 7% or ​more.

Second-quarter revenue ⁠came in at $34.3 billion, below analysts' estimate of $35.16 billion, according to data compiled by LSEG, as equipment revenue fell due to slower phone upgrade activity, ⁠with ​customers holding on to their devices for longer.

Adjusted ​profit of $1.30 per share, however, beat estimates of $1.27, helped by cost controls and reduced spending ​on device subsidies.

Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shinjini Ganguli

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-07-24 11:48 3d ago
2026-07-24 07:08 3d ago
Verizon's stock rises as earnings show the company is no longer a ‘hunting ground'
VZ Verizon
FMP Stock News
Original source text
HomeIndustriesTelecommunicationsEarnings ResultsEarnings ResultsThe wireless company beat subscriber expectations while pulling back on costly promotionsJuly 24, 2026, 7:08 a.m. ET

It’s a new era at Verizon Communications, and the company is upping its financial forecasts as it makes progress under the current leadership team.

Verizon VZ on Friday reported 184,000 postpaid phone net additions for the second quarter, above the 106,000 FactSet consensus view. The performance also marked a dramatic reversal from a year earlier, when Verizon posted a net loss on the metric.
2026-07-24 11:48 3d ago
2026-07-24 07:25 3d ago
Verizon Revenue Ticks Down, Profit Falls on Joint-Venture Costs
VZ Verizon
FMP Stock News
Original source text
Verizon Communications gained a net 184,000 postpaid phone connections in the second quarter, beating Wall Street's expectations on a metric that gauges new lucrative customers.
2026-07-24 11:48 3d ago
2026-07-24 03:43 3d ago
The Home Depot, Inc. $HD Shares Sold by Arrowstreet Capital Limited Partnership
HD Home Depot
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Arrowstreet Capital Limited Partnership cut its holdings in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 35.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,337,283 shares of the home improvement retailer’s stock after selling 748,355 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.13% of Home Depot worth $439,819,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Home Depot by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 99,635,779 shares of the home improvement retailer’s stock worth $34,284,672,000 after acquiring an additional 1,325,748 shares during the last quarter. State Street Corp lifted its holdings in shares of Home Depot by 1.8% in the 4th quarter. State Street Corp now owns 46,925,342 shares of the home improvement retailer’s stock valued at $16,147,010,000 after purchasing an additional 825,164 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Home Depot by 1.5% in the fourth quarter. Geode Capital Management LLC now owns 23,756,142 shares of the home improvement retailer’s stock valued at $8,151,344,000 after acquiring an additional 343,153 shares during the period. Bank of America Corp DE grew its position in Home Depot by 5.6% during the 4th quarter. Bank of America Corp DE now owns 16,063,532 shares of the home improvement retailer’s stock worth $5,527,461,000 after purchasing an additional 851,029 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Home Depot by 7.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 15,471,132 shares of the home improvement retailer’s stock worth $5,323,620,000 after buying an additional 1,113,114 shares during the last quarter. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Stock Down 1.9% NYSE:HD opened at $325.17 on Friday. The Home Depot, Inc. has a 52 week low of $289.10 and a 52 week high of $426.75. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23. The stock has a 50 day moving average of $328.81 and a 200-day moving average of $344.81. The firm has a market capitalization of $324.24 billion, a PE ratio of 23.09, a price-to-earnings-growth ratio of 3.83 and a beta of 0.95.

Home Depot (NYSE:HD – Get Free Report) last issued its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.41 by $0.02. The business had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Analysts predict that The Home Depot, Inc. will post 15.01 EPS for the current year.

Home Depot Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Thursday, June 4th. Home Depot’s dividend payout ratio is 66.19%.

Key Stories Impacting Home Depot Here are the key news stories impacting Home Depot this week:

Positive Sentiment: Home Depot launched its 2026 Halloween collection with upgraded Skelly animatronics and broader seasonal merchandise, a move that could help drive customer traffic and sales during a key retail period. Home Depot (HD) Launches 2026 Halloween Collection With Upgraded Skelly Animatronics Positive Sentiment: Bernstein reportedly reiterated a positive stance on Home Depot, and Guggenheim also upgraded the stock to Buy, suggesting some analysts still see value in the shares. Home Depot (HD) Gets a Hold from Bernstein Home Depot (NYSE:HD) Earns “Buy” Rating from Guggenheim Neutral Sentiment: Analysts are expecting only modest year-over-year EPS growth when Home Depot reports next month, keeping expectations relatively subdued ahead of earnings. Earnings Preview: What To Expect From The Home Depot’s Report Negative Sentiment: Weak housing-market conditions are slowing big-ticket last-mile delivery and signaling softer demand tied to fewer home transactions, which is a headwind for Home Depot’s core business. Weak housing market hurts big and bulky last-mile delivery Negative Sentiment: Home Depot was reported to be falling more than the broader market, reinforcing that investors are reacting negatively to the housing slowdown and near-term growth concerns. Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know Analysts Set New Price Targets HD has been the subject of several analyst reports. The Goldman Sachs Group cut their price target on shares of Home Depot from $409.00 to $390.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Bank of America assumed coverage on shares of Home Depot in a research report on Tuesday, May 5th. They issued a “buy” rating and a $374.00 price target on the stock. Guggenheim reissued a “buy” rating and issued a $425.00 target price on shares of Home Depot in a research note on Monday. Argus reduced their price target on Home Depot from $425.00 to $400.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. Finally, BNP Paribas Exane lowered their price objective on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating for the company in a research note on Tuesday, May 19th. Eighteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and an average target price of $371.71.

Check Out Our Latest Stock Report on HD

Home Depot Company Profile (Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

Further Reading Five stocks we like better than Home Depot Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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2026-07-24 11:48 3d ago
2026-07-24 04:30 3d ago
The Home Depot, Inc. $HD Shares Bought by Bank of Nova Scotia
HD Home Depot
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia grew its position in The Home Depot, Inc. (NYSE:HD – Free Report) by 109.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 722,758 shares of the home improvement retailer’s stock after buying an additional 378,393 shares during the period. Bank of Nova Scotia owned 0.07% of Home Depot worth $237,709,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HD. Advocate Investing Services LLC acquired a new stake in Home Depot during the fourth quarter worth $25,000. Parvin Asset Management LLC lifted its stake in shares of Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after purchasing an additional 33 shares during the last quarter. Cache Advisors LLC acquired a new position in shares of Home Depot in the 1st quarter valued at $27,000. Key Capital Management INC purchased a new position in shares of Home Depot during the 4th quarter worth $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of Home Depot during the 1st quarter worth $28,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Price Performance Shares of HD opened at $325.17 on Friday. The firm has a market capitalization of $324.24 billion, a price-to-earnings ratio of 23.09, a PEG ratio of 3.83 and a beta of 0.95. The firm’s fifty day simple moving average is $328.81 and its 200-day simple moving average is $344.81. The Home Depot, Inc. has a twelve month low of $289.10 and a twelve month high of $426.75. The company has a current ratio of 1.04, a quick ratio of 0.28 and a debt-to-equity ratio of 3.23.

Home Depot (NYSE:HD – Get Free Report) last issued its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. The firm had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.56 earnings per share. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts forecast that The Home Depot, Inc. will post 15.01 EPS for the current fiscal year.

Home Depot Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were given a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot’s dividend payout ratio is currently 66.19%.

Analysts Set New Price Targets HD has been the topic of several research analyst reports. BNP Paribas Exane reduced their price objective on shares of Home Depot from $348.00 to $325.00 and set a “neutral” rating on the stock in a report on Tuesday, May 19th. JPMorgan Chase & Co. lowered their target price on shares of Home Depot from $423.00 to $396.00 and set an “overweight” rating for the company in a research note on Wednesday, May 20th. Weiss Ratings upgraded shares of Home Depot from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 7th. HSBC reduced their price target on shares of Home Depot from $392.00 to $310.00 and set a “hold” rating on the stock in a research note on Wednesday, May 20th. Finally, Telsey Advisory Group decreased their price objective on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, May 20th. Eighteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $371.71.

View Our Latest Research Report on HD

Key Home Depot News Here are the key news stories impacting Home Depot this week:

Positive Sentiment: Home Depot launched its 2026 Halloween collection with upgraded Skelly animatronics and broader seasonal merchandise, a move that could help drive customer traffic and sales during a key retail period. Home Depot (HD) Launches 2026 Halloween Collection With Upgraded Skelly Animatronics Positive Sentiment: Bernstein reportedly reiterated a positive stance on Home Depot, and Guggenheim also upgraded the stock to Buy, suggesting some analysts still see value in the shares. Home Depot (HD) Gets a Hold from Bernstein Home Depot (NYSE:HD) Earns “Buy” Rating from Guggenheim Neutral Sentiment: Analysts are expecting only modest year-over-year EPS growth when Home Depot reports next month, keeping expectations relatively subdued ahead of earnings. Earnings Preview: What To Expect From The Home Depot’s Report Negative Sentiment: Weak housing-market conditions are slowing big-ticket last-mile delivery and signaling softer demand tied to fewer home transactions, which is a headwind for Home Depot’s core business. Weak housing market hurts big and bulky last-mile delivery Negative Sentiment: Home Depot was reported to be falling more than the broader market, reinforcing that investors are reacting negatively to the housing slowdown and near-term growth concerns. Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know Home Depot Company Profile (Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

Further Reading Five stocks we like better than Home Depot Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market

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2026-07-24 11:47 3d ago
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Bank of Nova Scotia Has $97.94 Million Stock Position in McDonald’s Corporation $MCD
MCD McDonald's
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia lessened its stake in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 16.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 315,125 shares of the fast-food giant’s stock after selling 61,530 shares during the quarter. Bank of Nova Scotia’s holdings in McDonald’s were worth $97,938,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Dickmeyer Boyce Financial Management Inc. acquired a new stake in shares of McDonald’s during the first quarter valued at about $843,000. Gibbs Wealth Management grew its holdings in shares of McDonald’s by 252.4% during the first quarter. Gibbs Wealth Management now owns 11,006 shares of the fast-food giant’s stock worth $3,421,000 after purchasing an additional 7,883 shares during the last quarter. Sei Investments Co. increased its stake in shares of McDonald’s by 20.0% in the first quarter. Sei Investments Co. now owns 222,061 shares of the fast-food giant’s stock valued at $69,006,000 after buying an additional 36,943 shares during the period. Davis R M Inc. increased its stake in shares of McDonald’s by 0.7% in the first quarter. Davis R M Inc. now owns 11,840 shares of the fast-food giant’s stock valued at $3,680,000 after buying an additional 84 shares during the period. Finally, Ascension Capital Advisors Inc. bought a new position in McDonald’s in the 1st quarter valued at approximately $373,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Price Performance Shares of McDonald’s stock opened at $262.70 on Friday. The business has a 50-day simple moving average of $276.23 and a 200 day simple moving average of $299.11. McDonald’s Corporation has a one year low of $260.96 and a one year high of $341.75. The firm has a market capitalization of $186.65 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.83 and a beta of 0.41.

McDonald’s (NYSE:MCD – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The business had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.47 billion. During the same quarter in the prior year, the company earned $2.67 earnings per share. The company’s quarterly revenue was up 9.4% on a year-over-year basis. On average, sell-side analysts expect that McDonald’s Corporation will post 12.86 EPS for the current year.

McDonald’s Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Investors of record on Tuesday, September 1st will be issued a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 1st. McDonald’s’s dividend payout ratio (DPR) is currently 61.34%.

Insiders Place Their Bets In other McDonald’s news, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total transaction of $769,108.68. Following the transaction, the executive vice president owned 6,268 shares in the company, valued at approximately $1,744,760.48. This represents a 30.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the transaction, the insider directly owned 7,734 shares in the company, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 8,348 shares of company stock worth $2,355,634. 0.26% of the stock is owned by company insiders.

Analyst Ratings Changes Several equities research analysts recently commented on the stock. Cfra upgraded shares of McDonald’s to a “buy” rating in a research report on Friday, May 8th. TD Cowen restated a “hold” rating on shares of McDonald’s in a research report on Friday, June 12th. Weiss Ratings downgraded shares of McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Evercore set a $320.00 price target on shares of McDonald’s in a report on Thursday. Finally, BTIG Research reissued a “buy” rating and issued a $370.00 price objective on shares of McDonald’s in a research note on Thursday, May 7th. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $335.12.

Read Our Latest Research Report on McDonald’s

About McDonald’s (Free Report)

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.

Further Reading Five stocks we like better than McDonald’s Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding MCD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for McDonald’s Corporation (NYSE:MCD – Free Report).

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2026-07-24 11:47 3d ago
2026-07-24 05:03 3d ago
Bank of Nova Scotia Sells 134,729 Shares of PepsiCo, Inc. $PEP
PEP Pepsi
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of Nova Scotia lessened its holdings in PepsiCo, Inc. (NASDAQ:PEP – Free Report) by 12.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 943,071 shares of the company’s stock after selling 134,729 shares during the period. Bank of Nova Scotia owned 0.07% of PepsiCo worth $146,450,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PEP. Vanguard Group Inc. raised its holdings in shares of PepsiCo by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 138,483,870 shares of the company’s stock valued at $19,875,205,000 after buying an additional 1,612,652 shares in the last quarter. State Street Corp boosted its stake in PepsiCo by 1.8% in the third quarter. State Street Corp now owns 59,499,819 shares of the company’s stock worth $8,356,155,000 after buying an additional 1,079,970 shares in the last quarter. Auto Owners Insurance Co grew its position in PepsiCo by 14,857.8% during the fourth quarter. Auto Owners Insurance Co now owns 49,252,907 shares of the company’s stock valued at $7,068,777,000 after acquiring an additional 48,923,629 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of PepsiCo by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 33,617,937 shares of the company’s stock worth $4,814,835,000 after acquiring an additional 360,936 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of PepsiCo by 1.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 28,090,426 shares of the company’s stock worth $4,031,646,000 after acquiring an additional 295,955 shares during the last quarter. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Trading Down 0.5% Shares of PEP opened at $134.95 on Friday. The stock has a market capitalization of $184.19 billion, a P/E ratio of 17.69, a PEG ratio of 2.98 and a beta of 0.36. PepsiCo, Inc. has a twelve month low of $133.73 and a twelve month high of $171.48. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The firm has a fifty day simple moving average of $142.36 and a two-hundred day simple moving average of $151.03.

PepsiCo (NASDAQ:PEP – Get Free Report) last released its quarterly earnings data on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. The firm had revenue of $24.18 billion for the quarter, compared to analysts’ expectations of $23.95 billion. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.92 earnings per share. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. On average, research analysts anticipate that PepsiCo, Inc. will post 8.58 EPS for the current year.

PepsiCo Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, September 4th will be given a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 dividend on an annualized basis and a yield of 4.4%. PepsiCo’s dividend payout ratio is presently 77.59%.

Wall Street Analyst Weigh In Several equities analysts recently commented on the stock. BNP Paribas Exane reduced their target price on shares of PepsiCo from $195.00 to $183.00 and set an “outperform” rating on the stock in a report on Wednesday, July 8th. Citigroup downgraded shares of PepsiCo from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $170.00 to $145.00 in a research note on Friday, July 10th. The Goldman Sachs Group raised their price objective on PepsiCo from $180.00 to $183.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Morgan Stanley decreased their price objective on PepsiCo from $180.00 to $160.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. Finally, UBS Group set a $159.00 target price on PepsiCo in a research note on Thursday, July 9th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $157.90.

View Our Latest Stock Report on PepsiCo

About PepsiCo (Free Report)

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.

Read More Five stocks we like better than PepsiCo Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding PEP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PepsiCo, Inc. (NASDAQ:PEP – Free Report).

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« PREVIOUS HEADLINEBank of Nova Scotia Acquires 183,580 Shares of Wheaton Precious Metals Corp. $WPM
2026-07-24 11:47 3d ago
2026-07-24 04:25 3d ago
Arrowstreet Capital Limited Partnership Sells 199,754 Shares of Hilton Worldwide Holdings Inc. $HLT
HLT Hilton
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Arrowstreet Capital Limited Partnership decreased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 8.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,175,965 shares of the company’s stock after selling 199,754 shares during the quarter. Arrowstreet Capital Limited Partnership owned about 0.96% of Hilton Worldwide worth $661,667,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of HLT. Kemnay Advisory Services Inc. bought a new stake in Hilton Worldwide in the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC increased its holdings in shares of Hilton Worldwide by 163.2% during the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock valued at $30,000 after acquiring an additional 62 shares in the last quarter. Meeder Asset Management Inc. lifted its holdings in shares of Hilton Worldwide by 70.1% in the 1st quarter. Meeder Asset Management Inc. now owns 114 shares of the company’s stock worth $35,000 after purchasing an additional 47 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in Hilton Worldwide in the 4th quarter valued at $33,000. Finally, Avalon Trust Co bought a new stake in Hilton Worldwide during the 1st quarter valued at $45,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Price Performance Shares of HLT opened at $320.09 on Friday. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The stock’s fifty day moving average price is $333.63 and its two-hundred day moving average price is $317.97. The firm has a market cap of $72.87 billion, a PE ratio of 48.87, a PEG ratio of 2.74 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same quarter last year, the firm posted $1.72 EPS. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. Sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.04 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 22nd. Hilton Worldwide’s payout ratio is presently 9.16%.

Wall Street Analyst Weigh In HLT has been the topic of a number of recent research reports. Barclays raised their price objective on shares of Hilton Worldwide from $365.00 to $367.00 and gave the company an “overweight” rating in a research note on Tuesday. Bank of America upped their price target on Hilton Worldwide from $324.00 to $375.00 in a report on Monday, April 27th. UBS Group increased their price target on Hilton Worldwide from $360.00 to $371.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings upgraded Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. increased their target price on shares of Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a report on Tuesday. Fourteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $350.36.

Read Our Latest Stock Analysis on HLT

Hilton Worldwide Company Profile (Free Report)

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.

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2026-07-24 11:46 3d ago
2026-07-24 05:43 3d ago
Why Wall Street Says Intel's Rich Valuation May Still Be Worth Paying
INTC Intel
FMP Stock News
Original source text
Beats Estimates, Raises OutlookThe chipmaker beat second-quarter expectations, with revenue rising 25% year over year to $16.13 billion, above the $14.42 billion estimate. Adjusted EPS of 42 cents doubled estimates of 21 cents, while Data Center and AI revenue jumped 59% and Intel Foundry revenue rose 31%.

The company also guided third-quarter revenue to $15.8 billion to $16.8 billion, ahead of the $15.01 billion estimate. Intel expects adjusted EPS of 38 cents, topping the 24-cent estimate.

Wall Street largely viewed Intel’s quarter as further evidence that its turnaround is gaining momentum. Analysts said stronger-than-expected results, improving foundry execution and robust AI-driven server demand reinforce the recovery narrative.

However, they cautioned that Intel still must consistently execute, attract more external foundry customers and convert its heavy AI investments into sustainable, profitable growth as it competes with Advanced Micro Devices Inc., NVIDIA Corp. and Taiwan Semiconductor Manufacturing Company Ltd..

Intel Foundry Execution Remains The Key CatalystSemiAnalysis’ Doug O’Laughlin told CNBC on Friday that Intel’s upside depends on whether it can execute its foundry strategy after years of missteps.

He said Intel should announce more external customers over time, including potential interest from Apple Inc., Microsoft Corp. and Amazon.com Inc., but first needs to prove it can deliver for the customers it has already won.

Benchmark’s Cody Acree also told CNBC on Friday that Intel needs firmer foundry customer announcements to drive the stock higher. He said the company is making progress on yields and development, which could help attract more interest.

Benefits From AI-Driven Server CPU DemandAcree said Intel’s second-quarter results showed broad strength across foundry, PC and server businesses. He said server CPU demand remains strong as hyperscalers continue spending on AI infrastructure.

Acree said AI workloads are moving toward inference and agentic AI, which require CPUs to orchestrate and manage activity alongside GPUs.

He said AMD has gained share from Intel, but the expanding server CPU market could benefit both companies as Intel’s products become more competitive.

Intel Valuation Hinges On Turnaround ExecutionDeepwater Asset Management’s Gene Munster told CNBC on Friday that Intel’s post-earnings rally gives investors more upside potential, helped by stronger September-quarter guidance and commentary around 14A, which he sees as a 2028 catalyst.

Munster said Intel remains much smaller than NVIDIA in data center and AI, and NVIDIA’s GPU business still holds a stronger position in the AI infrastructure buildout. Still, he said Intel’s smaller base gives it more room for upside than larger AI leaders.

O’Laughlin said Intel can look expensive on current sales and cash-flow metrics, but investors are paying for the possibility of margin recovery if the company executes in foundry.

Turnaround Still Needs ProofO’Laughlin said Intel’s U.S. manufacturing footprint gives it scarcity value because the company spans process design through fabrication domestically. The analyst said Intel should not give up its Ohio cleanroom, especially as AI chip demand accelerates.

He said partnerships with memory suppliers such as SK hynix Inc. matter because leading-edge AI accelerators require both logic chips and memory packaging.

He also said Intel’s restructuring reflects an effort to move past organizational bloat, noting that AMD and Taiwan Semiconductor had previously employed fewer people combined despite stronger performance.

Acree said Intel’s valuation looks stretched versus its history, but he sees that as secondary while the company remains early in its turnaround and investors wait for proof from foundry, PCs, servers and AI infrastructure.

Intel Price ActionINTC Stock Price Activity: Intel shares were up 5.55% at $105.79 during premarket trading on Friday, according to Benzinga Pro data.

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2026-07-24 11:46 3d ago
2026-07-24 06:21 3d ago
Intel, Sandisk, SAP, Newmont, and More Stocks That Explain Today's Market
INTC Intel
FMP Stock News
Original source text
Intel shares rise after the chip maker's earnings beat analyst expectations, but other AI stocks aren't getting much of a boost.
2026-07-24 11:46 3d ago
2026-07-24 06:34 3d ago
Intel rises as strong forecasts signal AI boost for turnaround
INTC Intel
FMP Stock News
Original source text
Computer motherboard and Intel chip appear in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

July 24 (Reuters) - Intel's (INTC.O), opens new tab shares rose 6% in premarket trading on Friday after bullish forecasts signaled the AI boom was propelling the chipmaker's long-awaited turnaround.

The company forecast third-quarter ​revenue above Wall Street expectations and raised this year's ‌capital expenditure estimate to $20 billion from $18 billion.

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Intel's improving outlook reflects growing adoption of its data center central processing units (CPUs) by customers building infrastructure for artificial intelligence, as CEO ​Lip-Bu Tan works to position the company as a broader ​beneficiary of AI-driven semiconductor demand despite Nvidia's (NVDA.O), opens new tab lead in ⁠accelerator chips.

"The capex increase not only signals confidence in cash flow ​upside and demand visibility from long-term agreements for products, but also ​confidence that Foundry customers are coming (for packaging and 14A wafers)," analysts at Melius Research said.

This month's selloff in global chip stocks has pushed Intel off record highs, ​but the shares have more than doubled this year, driven ​by optimism around the company's turnaround efforts.

The strong results prompted at least six analysts to ‌raise ⁠their price targets, leaving the median target about 8.8% above the stock's last close, according to data compiled by LSEG.

Tan has spent the past year strengthening Intel's finances, securing backing from the U.S. government ​and major investors ​as the ⁠chipmaker seeks to play a key role in Washington's push to revive domestic semiconductor manufacturing.

"The aggressive capex ​raise is a proof point that Intel is likely ​to ⁠see continued customer acquisition as the United States demands more domestic semiconductor manufacturing," D.A. Davidson analysts said.

Demand for data center CPUs has surged alongside ⁠the ​rise of AI agents, with Intel executives ​noting earlier this year that orders were running ahead of the company's production capacity.

Reporting ​by Joel Jose in Bengaluru; Editing by Amanda Cooper and Devika Syamnath

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-07-24 11:46 3d ago
2026-07-24 03:58 3d ago
Bank of New York Mellon Corp Decreases Stake in Teva Pharmaceutical Industries Ltd. $TEVA
TEVA Teva Pharmaceutical
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 24th, 2026

Bank of New York Mellon Corp cut its stake in shares of Teva Pharmaceutical Industries Ltd. (NYSE:TEVA – Free Report) by 2.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,794,432 shares of the company’s stock after selling 37,310 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.16% of Teva Pharmaceutical Industries worth $54,048,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC increased its position in shares of Teva Pharmaceutical Industries by 27.3% in the 4th quarter. Global Retirement Partners LLC now owns 1,360 shares of the company’s stock valued at $42,000 after purchasing an additional 292 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Teva Pharmaceutical Industries by 2.1% in the 4th quarter. Captrust Financial Advisors now owns 14,715 shares of the company’s stock valued at $459,000 after purchasing an additional 302 shares in the last quarter. Banque Cantonale Vaudoise lifted its position in shares of Teva Pharmaceutical Industries by 6.3% during the 4th quarter. Banque Cantonale Vaudoise now owns 5,133 shares of the company’s stock worth $160,000 after purchasing an additional 306 shares during the last quarter. Ethic Inc. lifted its position in shares of Teva Pharmaceutical Industries by 1.8% during the 4th quarter. Ethic Inc. now owns 18,127 shares of the company’s stock worth $566,000 after purchasing an additional 325 shares during the last quarter. Finally, Allworth Financial LP grew its stake in shares of Teva Pharmaceutical Industries by 53.8% during the fourth quarter. Allworth Financial LP now owns 941 shares of the company’s stock worth $29,000 after purchasing an additional 329 shares in the last quarter. Institutional investors and hedge funds own 54.05% of the company’s stock.

Insider Activity In other Teva Pharmaceutical Industries news, EVP Richard Daniell sold 30,000 shares of Teva Pharmaceutical Industries stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $35.40, for a total transaction of $1,062,000.00. Following the transaction, the executive vice president owned 55,755 shares of the company’s stock, valued at $1,973,727. The trade was a 34.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Amir Weiss sold 10,679 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $36.00, for a total value of $384,444.00. Following the completion of the sale, the chief accounting officer owned 20,016 shares of the company’s stock, valued at approximately $720,576. This represents a 34.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 465,931 shares of company stock worth $16,332,989 over the last ninety days. 0.54% of the stock is owned by corporate insiders.

Teva Pharmaceutical Industries Price Performance Shares of NYSE:TEVA opened at $31.16 on Friday. The company’s fifty day moving average price is $33.36 and its 200 day moving average price is $32.69. Teva Pharmaceutical Industries Ltd. has a 12 month low of $14.99 and a 12 month high of $37.35. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.01 and a quick ratio of 0.78. The firm has a market capitalization of $35.82 billion, a P/E ratio of 23.43, a P/E/G ratio of 3.18 and a beta of 0.86.

Teva Pharmaceutical Industries (NYSE:TEVA – Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.53 earnings per share (EPS) for the quarter. Teva Pharmaceutical Industries had a net margin of 9.01% and a return on equity of 43.53%. The company had revenue of $3.98 billion during the quarter. As a group, sell-side analysts predict that Teva Pharmaceutical Industries Ltd. will post 1.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets Several equities analysts recently commented on the company. Wall Street Zen lowered Teva Pharmaceutical Industries from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Truist Financial upped their price objective on Teva Pharmaceutical Industries from $42.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Teva Pharmaceutical Industries in a report on Friday, July 17th. JPMorgan Chase & Co. raised their target price on Teva Pharmaceutical Industries from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Piper Sandler restated an “overweight” rating and set a $42.00 target price (up from $41.00) on shares of Teva Pharmaceutical Industries in a research note on Thursday, April 30th. Nine research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $41.78.

View Our Latest Research Report on Teva Pharmaceutical Industries

Teva Pharmaceutical Industries Company Profile (Free Report)

Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) is an Israeli multinational pharmaceutical company and one of the world’s largest manufacturers of generic medicines. The company’s core activities include the development, production and marketing of generic pharmaceuticals alongside a portfolio of specialty branded medicines. Teva supplies finished dosage forms and active pharmaceutical ingredients (APIs) to markets around the globe and operates manufacturing and research facilities in multiple countries.

Teva’s product range covers oral solids, injectables, inhalation products and other dosage forms across therapeutic areas such as central nervous system disorders, respiratory, oncology, pain and infectious disease.

Featured Articles Five stocks we like better than Teva Pharmaceutical Industries Premium Retail’s Stress Test Is Separating Winners From Losers D-Wave Quantum or a Quantum ETF: Which Is the Better Bet? GE Vernova Just Sent a Mixed AI Signal to Investors Alphabet Crushed Earnings, But One Number Spooked the Market Want to see what other hedge funds are holding TEVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teva Pharmaceutical Industries Ltd. (NYSE:TEVA – Free Report).

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2026-07-24 11:46 3d ago
2026-07-24 07:00 3d ago
American Express Earnings Surpass Expectations as Card Spending Increases 9%
AXP American Express
FMP Stock News
Original source text
American Express reports better-than-expected second-quarter profit. Cardmember spending growth is behind the the performance.
2026-07-24 11:46 3d ago
2026-07-24 07:00 3d ago
American Express Reports Second-Quarter 2026 Financial Results
AXP American Express
FMP Stock News
Original source text
NEW YORK--(BUSINESS WIRE)--American Express Company (NYSE: AXP) today reported its second-quarter 2026 financial results. The earnings release and supplemental financial data are available on the company's Investor Relations website at http://ir.americanexpress.com. An investor conference call will be held at 8:30 a.m. (ET) today to discuss the company's second-quarter 2026 results. Live audio and presentation slides for the investor conference call will be available to the general public on th.
2026-07-24 11:46 3d ago
2026-07-24 07:05 3d ago
AmEx raises 2026 revenue growth forecast as affluent cardholders keep spending
AXP American Express
FMP Stock News
Original source text
An American Express credit card mockup is seen in this illustration taken July 17, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

July 24 (Reuters) - American Express (AXP.N), opens new tab increased its full-year revenue growth forecast and beat Wall Street expectations for second-quarter profit on Friday as its ​affluent customers continued to swipe their cards for travel and dining ‌despite lingering economic uncertainty.

Unlike many rivals that cater to a broader range of borrowers, the credit card issuer derives much of its business from higher-income consumers, who are generally better-positioned ​to weather inflationary pressures and maintain discretionary spending.

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Billed business, a measure ​of total spending on AmEx cards, rose 9% to $455.8 billion, on ⁠a foreign exchange-adjusted basis. Its revenue rose 10% to $19.6 billion in the quarter.

"Six ​months into the year, we're seeing stronger momentum than we expected. The investments ​we made in our value propositions have driven accelerated spend and revenue growth," said CEO Stephen Squeri in a statement.

The company now expects 2026 revenue to grow 10% — in line with Wall ​Street expectations, according to estimates compiled by LSEG. The stock was last down 1.4% ​in volatile premarket trading after AmEx maintained its profit growth forecast.

AmEx's earnings offer an early look ‌at ⁠spending patterns among affluent consumers, providing investors with an early read on discretionary spending before other major card networks report results.

The company posted a profit of $4.53 per share for the three months ended June 30, compared with $4.08 per share a ​year earlier. Analysts ​expected earnings of $4.40 ⁠per share.

The New York-based company set aside $1.1 billion in consolidated provisions for credit losses in the quarter, versus $1.4 billion a ​year ago.

U.S. consumer sentiment rebounded from record lows in June, ​despite households ⁠remaining worried about the high cost of living, according to the University of Michigan's Surveys of Consumers.

Loan-loss provisions, often referred to as rainy-day reserves, reflect how much a ⁠lender ​sets aside to cover loans it expects may ​not be repaid, offering a window into how confident it is that borrowers will keep up ​with payments.

Reporting by Rishab Shaju and Manya Saini in Bengaluru; Editing by Joyjeet Das

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-07-24 11:46 3d ago
2026-07-24 07:10 3d ago
American Express Sales, Profit Rise on Higher Card Member Spending
AXP American Express
FMP Stock News
Original source text
The credit-card company posted higher sales and profit in the second quarter, thanks to higher spending among its credit card members.
2026-07-24 11:46 3d ago
2026-07-24 03:51 3d ago
Arrowstreet Capital Limited Partnership Sells 4,999,373 Shares of Cisco Systems, Inc. $CSCO
CSCO Cisco
FMP Stock News
Original source text
Arrowstreet Capital Limited Partnership lessened its holdings in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 22.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,585,957 shares of the network equipment provider’s stock after selling 4,999,373 shares during the quarter. Cisco Systems accounts for 0.7% of Arrowstreet Capital Limited Partnership’s investment portfolio, making the stock its 22nd biggest position. Arrowstreet Capital Limited Partnership owned 0.45% of Cisco Systems worth $1,364,494,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. World Investment Advisors lifted its holdings in shares of Cisco Systems by 15.4% in the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider’s stock valued at $13,905,000 after buying an additional 26,455 shares during the period. WCG Wealth Advisors LLC grew its holdings in Cisco Systems by 101.8% during the fourth quarter. WCG Wealth Advisors LLC now owns 107,306 shares of the network equipment provider’s stock worth $8,266,000 after acquiring an additional 54,141 shares during the period. Vise Technologies Inc. grew its holdings in Cisco Systems by 47.1% during the fourth quarter. Vise Technologies Inc. now owns 200,341 shares of the network equipment provider’s stock worth $15,432,000 after acquiring an additional 64,144 shares during the period. Truist Financial Corp raised its position in Cisco Systems by 6.8% in the fourth quarter. Truist Financial Corp now owns 4,311,098 shares of the network equipment provider’s stock worth $332,084,000 after acquiring an additional 275,456 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in Cisco Systems by 3.2% in the fourth quarter. Principal Financial Group Inc. now owns 4,873,274 shares of the network equipment provider’s stock worth $375,388,000 after acquiring an additional 151,395 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Analysts Set New Price Targets Several research firms have recently weighed in on CSCO. Evercore raised their price objective on shares of Cisco Systems from $110.00 to $150.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Barclays increased their target price on shares of Cisco Systems from $76.00 to $121.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Wall Street Zen upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday. CICC Research lifted their price target on shares of Cisco Systems from $96.00 to $125.00 and gave the stock an “outperform” rating in a research report on Monday, May 18th. Finally, Wells Fargo & Company upped their price target on Cisco Systems from $95.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $123.14.

Get Our Latest Analysis on Cisco Systems

Key Stories Impacting Cisco Systems Here are the key news stories impacting Cisco Systems this week:

Positive Sentiment: Cisco shares were boosted after an analyst upgrade, suggesting Wall Street sees more upside in the stock. Cisco Systems (NASDAQ:CSCO) Shares Up 1.3% on Analyst Upgrade Positive Sentiment: Cisco is getting attention ahead of its quarterly earnings, with analysts forecasting double-digit growth in earnings per share, which could help reinforce investor confidence if results and guidance come in strong. Cisco Systems’ Quarterly Earnings Preview: What You Need to Know Positive Sentiment: SuccessKPI announced a partnership with Cisco to integrate workforce engagement and intelligence tools into Webex Contact Center, strengthening Cisco’s cloud contact-center platform and adding another AI-related growth angle. Has Cisco Systems (CSCO) Run Ahead Of Fair Value Following Its Webex Contact Center Deal? Neutral Sentiment: Cisco’s AI security research showed that multi-turn attacks can defeat leading AI models far more often than single-turn tests suggest, highlighting Cisco’s security expertise but also underscoring broader industry risks. Multi-turn attacks broke AI models 88% of the time — single-turn testing missed it, Cisco AI security lead warns at VB Transform 2026 Neutral Sentiment: Analyst commentary on Cisco and other technology companies was published, but the headline did not indicate a major new rating change for Cisco itself. Analysts Offer Insights on Technology Companies: Twilio (TWLO) and Cisco Systems (CSCO) Cisco Systems Stock Up 0.5% NASDAQ:CSCO opened at $112.76 on Friday. The business’s fifty day moving average price is $118.04 and its 200 day moving average price is $94.43. The firm has a market capitalization of $444.44 billion, a price-to-earnings ratio of 36.61, a PEG ratio of 2.86 and a beta of 1.02. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. Cisco Systems, Inc. has a 1-year low of $65.75 and a 1-year high of $130.37.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The firm had revenue of $15.84 billion during the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company posted $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. On average, sell-side analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, July 6th. Cisco Systems’s payout ratio is currently 54.55%.

Insiders Place Their Bets In related news, EVP Oliver Tuszik sold 2,761 shares of the stock in a transaction on Friday, May 15th. The stock was sold at an average price of $114.61, for a total transaction of $316,438.21. Following the completion of the sale, the executive vice president directly owned 180,877 shares in the company, valued at approximately $20,730,312.97. This trade represents a 1.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of Cisco Systems stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $120.03, for a total value of $2,568,642.00. Following the sale, the chief executive officer directly owned 637,085 shares of the company’s stock, valued at approximately $76,469,312.55. The trade was a 3.25% 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 a total of 47,650 shares of company stock valued at $5,668,823 in the last three months. Company insiders own 0.01% of the company’s stock.

Cisco Systems Company Profile (Free Report)

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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Bank of Nova Scotia Reduces Position in Merck & Co., Inc. $MRK
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Bank of Nova Scotia trimmed its position in Merck & Co., Inc. (NYSE:MRK – Free Report) by 25.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,457,238 shares of the company’s stock after selling 498,962 shares during the quarter. Bank of Nova Scotia owned approximately 0.06% of Merck & Co., Inc. worth $175,292,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in Merck & Co., Inc. by 29.5% in the fourth quarter. Brighton Jones LLC now owns 38,278 shares of the company’s stock valued at $3,808,000 after purchasing an additional 8,710 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in Merck & Co., Inc. by 52.2% during the second quarter. Sivia Capital Partners LLC now owns 11,494 shares of the company’s stock worth $910,000 after purchasing an additional 3,941 shares in the last quarter. Diversify Advisory Services LLC lifted its position in shares of Merck & Co., Inc. by 94.1% during the 2nd quarter. Diversify Advisory Services LLC now owns 32,256 shares of the company’s stock worth $2,590,000 after buying an additional 15,636 shares during the last quarter. Diversify Wealth Management LLC lifted its position in shares of Merck & Co., Inc. by 22.2% during the 2nd quarter. Diversify Wealth Management LLC now owns 38,031 shares of the company’s stock worth $3,054,000 after buying an additional 6,897 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Merck & Co., Inc. by 111.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 681,128 shares of the company’s stock valued at $53,918,000 after buying an additional 359,356 shares in the last quarter. 76.07% of the stock is owned by hedge funds and other institutional investors.

Merck & Co., Inc. Stock Performance Shares of MRK stock opened at $130.57 on Friday. The stock’s 50-day moving average price is $121.27 and its 200 day moving average price is $117.62. The company has a quick ratio of 1.06, a current ratio of 1.30 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $322.49 billion, a PE ratio of 36.78, a price-to-earnings-growth ratio of 5.08 and a beta of 0.19. Merck & Co., Inc. has a 52-week low of $76.66 and a 52-week high of $131.74.

Merck & Co., Inc. (NYSE:MRK – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported ($1.28) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.47) by $0.19. Merck & Co., Inc. had a return on equity of 27.55% and a net margin of 13.59%.The company had revenue of $16.29 billion during the quarter, compared to analysts’ expectations of $15.85 billion. During the same period last year, the firm earned $2.22 EPS. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. As a group, equities research analysts forecast that Merck & Co., Inc. will post 2.74 EPS for the current year.

Merck & Co., Inc. Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Monday, June 15th were issued a dividend of $0.85 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $3.40 annualized dividend and a dividend yield of 2.6%. Merck & Co., Inc.’s dividend payout ratio (DPR) is currently 95.77%.

Wall Street Analyst Weigh In A number of research firms recently commented on MRK. Bank of America increased their target price on shares of Merck & Co., Inc. from $130.00 to $141.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Wells Fargo & Company boosted their price target on shares of Merck & Co., Inc. from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, July 8th. BMO Capital Markets upped their price objective on shares of Merck & Co., Inc. from $135.00 to $142.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Guggenheim raised their price objective on Merck & Co., Inc. from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Citigroup started coverage on Merck & Co., Inc. in a research report on Wednesday, May 6th. They set a “neutral” rating and a $125.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $133.94.

Check Out Our Latest Stock Report on Merck & Co., Inc.

Merck & Co., Inc. Profile (Free Report)

Merck & Co, Inc is a global biopharmaceutical company engaged in the discovery, development, manufacture and marketing of prescription medicines, vaccines, biologic therapies and animal health products. Its portfolio spans multiple therapeutic areas with a particular emphasis on oncology, vaccines and infectious disease, as well as therapies for metabolic and chronic conditions. Among its well-known products are the cancer immunotherapy Keytruda (pembrolizumab) and the human papillomavirus vaccine Gardasil; the company also markets a range of medicines and vaccines for veterinary use through Merck Animal Health.

Founded in the late 19th century as the U.S.

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