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2026-07-21 13:24 26d ago
2026-07-21 04:46 26d ago
Allspring Global Investments Holdings LLC Purchases 11,711 Shares of Xylem Inc. $XYL
XYL Xylem
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Allspring Global Investments Holdings LLC boosted its position in Xylem Inc. (NYSE:XYL – Free Report) by 7.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 177,679 shares of the industrial products company’s stock after purchasing an additional 11,711 shares during the period. Allspring Global Investments Holdings LLC owned about 0.07% of Xylem worth $21,762,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new position in Xylem during the fourth quarter worth approximately $27,000. Wexford Capital LP acquired a new stake in shares of Xylem in the third quarter valued at approximately $27,000. Global Assets Advisory LLC bought a new position in shares of Xylem during the 1st quarter worth approximately $40,000. FWL Investment Management LLC acquired a new position in shares of Xylem during the 2nd quarter worth approximately $43,000. Finally, Entrust Financial LLC acquired a new position in shares of Xylem during the 4th quarter worth approximately $45,000. Institutional investors own 87.96% of the company’s stock.

Insider Activity In other Xylem news, Director Jerome A. Peribere bought 1,210 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were purchased at an average price of $116.61 per share, for a total transaction of $141,098.10. Following the transaction, the director directly owned 27,209 shares in the company, valued at approximately $3,172,841.49. This trade represents a 4.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Geri-Michelle Mcshane sold 4,269 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $117.46, for a total transaction of $501,436.74. Following the transaction, the chief accounting officer directly owned 3,605 shares in the company, valued at $423,443.30. This represents a 54.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.32% of the stock is owned by insiders.

Xylem Stock Performance XYL opened at $120.82 on Tuesday. The business has a fifty day simple moving average of $113.40 and a 200 day simple moving average of $123.26. The company has a market capitalization of $28.72 billion, a PE ratio of 30.05, a price-to-earnings-growth ratio of 1.75 and a beta of 1.03. Xylem Inc. has a 1 year low of $105.29 and a 1 year high of $154.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.46 and a quick ratio of 1.10.

Xylem (NYSE:XYL – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.03. Xylem had a return on equity of 11.26% and a net margin of 10.79%.The firm had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.11 billion. During the same quarter last year, the business earned $1.03 EPS. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Research analysts expect that Xylem Inc. will post 5.51 EPS for the current year.

Xylem Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, May 28th were given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem’s dividend payout ratio (DPR) is currently 42.79%.

Analyst Ratings Changes XYL has been the subject of several research reports. Stifel Nicolaus cut their price target on Xylem from $159.00 to $157.00 and set a “buy” rating for the company in a report on Monday. JPMorgan Chase & Co. decreased their price objective on shares of Xylem from $170.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, April 16th. Weiss Ratings lowered shares of Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. CLSA upgraded shares of Xylem to a “hold” rating in a research note on Thursday, June 25th. Finally, Royal Bank Of Canada lifted their target price on shares of Xylem from $157.00 to $159.00 and gave the stock an “outperform” rating in a report on Thursday. Eight analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $153.15.

Read Our Latest Stock Report on Xylem

Xylem Profile (Free Report)

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.

Read More Five stocks we like better than Xylem The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc. (NYSE:XYL – Free Report).

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« PREVIOUS HEADLINEBank of New York Mellon Corp Sells 40,961 Shares of American Financial Group, Inc. $AFG
2026-07-21 13:24 26d ago
2026-07-21 05:29 26d ago
Xylem Inc. $XYL Stake Lessened by California Public Employees Retirement System
XYL Xylem
FMP Stock News
Original source text
California Public Employees Retirement System trimmed its position in Xylem Inc. (NYSE:XYL – Free Report) by 3.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 431,886 shares of the industrial products company’s stock after selling 13,176 shares during the period. California Public Employees Retirement System owned approximately 0.18% of Xylem worth $51,610,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. J. Stern & Co. LLP boosted its holdings in Xylem by 12,326.6% during the fourth quarter. J. Stern & Co. LLP now owns 45,448,168 shares of the industrial products company’s stock worth $6,189,132,000 after buying an additional 45,082,435 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Xylem by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 30,054,743 shares of the industrial products company’s stock valued at $4,092,855,000 after buying an additional 152,507 shares in the last quarter. State Street Corp increased its holdings in shares of Xylem by 2.6% in the fourth quarter. State Street Corp now owns 11,233,427 shares of the industrial products company’s stock valued at $1,529,768,000 after buying an additional 280,221 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Xylem by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 6,357,278 shares of the industrial products company’s stock valued at $862,364,000 after acquiring an additional 151,754 shares during the last quarter. Finally, Swedbank AB lifted its position in shares of Xylem by 0.3% during the 1st quarter. Swedbank AB now owns 5,526,725 shares of the industrial products company’s stock valued at $660,444,000 after acquiring an additional 18,759 shares during the last quarter. 87.96% of the stock is owned by institutional investors.

Xylem Price Performance XYL opened at $120.82 on Tuesday. The firm has a market capitalization of $28.72 billion, a P/E ratio of 30.05, a PEG ratio of 1.75 and a beta of 1.03. The stock has a fifty day moving average of $113.40 and a 200-day moving average of $123.26. The company has a quick ratio of 1.10, a current ratio of 1.46 and a debt-to-equity ratio of 0.13. Xylem Inc. has a 12-month low of $105.29 and a 12-month high of $154.27.

Xylem (NYSE:XYL – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.03. The business had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.11 billion. Xylem had a return on equity of 11.26% and a net margin of 10.79%.Xylem’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 earnings per share. Xylem has set its FY 2026 guidance at 5.350-5.600 EPS. Equities analysts forecast that Xylem Inc. will post 5.51 EPS for the current fiscal year.

Xylem Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, May 28th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Thursday, May 28th. Xylem’s payout ratio is 42.79%.

Insider Transactions at Xylem In other news, CAO Geri-Michelle Mcshane sold 4,269 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $117.46, for a total value of $501,436.74. Following the completion of the sale, the chief accounting officer directly owned 3,605 shares of the company’s stock, valued at $423,443.30. This represents a 54.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jerome A. Peribere purchased 1,210 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were bought at an average price of $116.61 per share, with a total value of $141,098.10. Following the completion of the acquisition, the director owned 27,209 shares of the company’s stock, valued at $3,172,841.49. This trade represents a 4.65% increase in their position. The SEC filing for this purchase provides additional information. 0.32% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In A number of equities analysts recently weighed in on the company. Weiss Ratings lowered Xylem from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 8th. UBS Group boosted their price objective on Xylem from $132.00 to $133.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Oppenheimer reduced their price objective on shares of Xylem from $160.00 to $158.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Royal Bank Of Canada raised their target price on shares of Xylem from $157.00 to $159.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Stifel Nicolaus dropped their target price on shares of Xylem from $159.00 to $157.00 and set a “buy” rating on the stock in a research report on Monday. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $153.15.

Read Our Latest Stock Analysis on XYL

Xylem Profile (Free Report)

Xylem Inc (NYSE: XYL) is a global water technology company that designs, manufactures and services engineered systems and equipment for the transport, treatment, testing and efficient use of water. Its product portfolio spans pumps and pumping systems, valves, filtration and disinfection equipment, sensors and analytical instruments, and digital solutions for monitoring and control of water infrastructure. Xylem serves the full water cycle with offerings for water and wastewater utilities, industrial customers, commercial and residential buildings, and agricultural applications.

The company was established as an independent publicly traded company in 2011 following a corporate spin-off from ITT Corporation and is headquartered in Rye Brook, New York.

See Also Five stocks we like better than Xylem The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding XYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xylem Inc. (NYSE:XYL – Free Report).

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2026-07-21 13:24 26d ago
2026-07-21 04:18 26d ago
D.A. Davidson & CO. Has $2.67 Million Stake in Zimmer Biomet Holdings, Inc. $ZBH
ZBH Zimmer Biomet Holdings
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

D.A. Davidson & CO. boosted its stake in Zimmer Biomet Holdings, Inc. (NYSE:ZBH – Free Report) by 170.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,520 shares of the medical equipment provider’s stock after acquiring an additional 18,597 shares during the quarter. D.A. Davidson & CO.’s holdings in Zimmer Biomet were worth $2,669,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. DV Equities LLC acquired a new position in shares of Zimmer Biomet during the fourth quarter worth about $25,000. Monetary Solutions Ltd acquired a new position in Zimmer Biomet during the 4th quarter worth approximately $30,000. Gen Wealth Partners Inc acquired a new position in Zimmer Biomet during the 4th quarter worth approximately $31,000. Flagship Harbor Advisors LLC bought a new position in shares of Zimmer Biomet during the 4th quarter worth approximately $32,000. Finally, Grove Bank & Trust raised its holdings in shares of Zimmer Biomet by 431.6% in the fourth quarter. Grove Bank & Trust now owns 404 shares of the medical equipment provider’s stock valued at $36,000 after purchasing an additional 328 shares during the last quarter. Institutional investors and hedge funds own 88.89% of the company’s stock.

Zimmer Biomet Stock Down 1.6% Shares of ZBH stock opened at $89.69 on Tuesday. Zimmer Biomet Holdings, Inc. has a 52-week low of $79.12 and a 52-week high of $108.29. The stock has a market cap of $17.35 billion, a price-to-earnings ratio of 23.30, a PEG ratio of 2.68 and a beta of 0.46. The firm’s 50-day moving average is $87.37 and its 200-day moving average is $89.82. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.95 and a current ratio of 1.73.

Zimmer Biomet (NYSE:ZBH – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The medical equipment provider reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.23. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Zimmer Biomet had a return on equity of 13.24% and a net margin of 9.05%.Zimmer Biomet’s quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the company posted $1.81 earnings per share. Zimmer Biomet has set its FY 2026 guidance at 8.400-8.550 EPS. Sell-side analysts predict that Zimmer Biomet Holdings, Inc. will post 8.48 EPS for the current year.

Zimmer Biomet Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Thursday, June 25th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, June 25th. Zimmer Biomet’s payout ratio is currently 24.94%.

Insider Buying and Selling at Zimmer Biomet In related news, insider Sang Yi sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $82.64, for a total transaction of $413,200.00. Following the transaction, the insider directly owned 27,251 shares of the company’s stock, valued at approximately $2,252,022.64. The trade was a 15.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.28% of the company’s stock.

Wall Street Analyst Weigh In A number of analysts have recently commented on the stock. Wells Fargo & Company cut their price objective on shares of Zimmer Biomet from $98.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 29th. Citigroup decreased their target price on shares of Zimmer Biomet from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. Canaccord Genuity Group set a $83.00 price target on shares of Zimmer Biomet in a research report on Wednesday, April 29th. Stifel Nicolaus reduced their price objective on shares of Zimmer Biomet from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Barclays decreased their price objective on Zimmer Biomet from $100.00 to $94.00 and set an “underweight” rating for the company in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $100.70.

View Our Latest Report on ZBH

Zimmer Biomet Profile (Free Report)

Zimmer Biomet (NYSE: ZBH) is a global medical device company focused on musculoskeletal healthcare. Headquartered in Warsaw, Indiana, the company designs, manufactures and markets a broad portfolio of products used to treat joint disorders, bone disorders and related conditions. Its customer base includes orthopaedic and dental surgeons, hospitals, ambulatory surgery centers and other healthcare providers that rely on implants, instruments and related services for reconstructive and restorative procedures.

The company’s product offerings span joint replacement systems for hips, knees and shoulders; trauma and extremities implants; spine and thoracic solutions; dental and craniomaxillofacial implants and prosthetics; and sports medicine devices.

Further Reading Five stocks we like better than Zimmer Biomet The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

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2026-07-21 13:23 26d ago
2026-07-21 03:58 26d ago
Andra AP fonden Decreases Stake in Capital One Financial Corporation $COF
COF Capital One Financial
FMP Stock News
Original source text
Andra AP fonden lowered its position in shares of Capital One Financial Corporation (NYSE:COF) by 38.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 105,923 shares of the financial services provider’s stock after selling 67,108 shares during the quarter. Andra AP fonden’s holdings in Capital One Financial were worth $19,324,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Norges Bank purchased a new stake in shares of Capital One Financial during the fourth quarter valued at approximately $2,089,803,000. Viking Global Investors LP boosted its position in Capital One Financial by 30.3% in the third quarter. Viking Global Investors LP now owns 7,388,506 shares of the financial services provider’s stock worth $1,570,649,000 after purchasing an additional 1,717,148 shares during the last quarter. Bessemer Group Inc. boosted its position in Capital One Financial by 7,143.2% in the fourth quarter. Bessemer Group Inc. now owns 1,448,126 shares of the financial services provider’s stock worth $350,966,000 after purchasing an additional 1,428,133 shares during the last quarter. AQR Capital Management LLC grew its stake in Capital One Financial by 64.9% in the 4th quarter. AQR Capital Management LLC now owns 3,366,692 shares of the financial services provider’s stock valued at $815,951,000 after purchasing an additional 1,324,845 shares during the period. Finally, Alliancebernstein L.P. grew its stake in Capital One Financial by 61.8% in the 2nd quarter. Alliancebernstein L.P. now owns 1,969,661 shares of the financial services provider’s stock valued at $419,065,000 after purchasing an additional 752,461 shares during the period. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Capital One Financial Stock Down 0.6% COF stock opened at $206.71 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $128.64 billion, a price-to-earnings ratio of 72.53, a PEG ratio of 0.75 and a beta of 1.02. Capital One Financial Corporation has a fifty-two week low of $174.24 and a fifty-two week high of $259.64. The stock has a fifty day moving average of $193.93 and a 200-day moving average of $201.42.

Capital One Financial (NYSE:COF – Get Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $4.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). The firm had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.68 billion. Capital One Financial had a net margin of 4.29% and a return on equity of 10.59%. The company’s revenue was up 52.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.06 earnings per share. As a group, equities research analysts predict that Capital One Financial Corporation will post 19.56 earnings per share for the current year.

Capital One Financial Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 19th were paid a $0.80 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $3.20 annualized dividend and a dividend yield of 1.5%. Capital One Financial’s dividend payout ratio (DPR) is presently 112.28%.

Insider Activity In other news, insider Celia Karam sold 1,749 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $192.58, for a total value of $336,822.42. Following the sale, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Matthew W. Cooper sold 3,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $208.00, for a total transaction of $728,000.00. Following the completion of the transaction, the general counsel directly owned 90,194 shares of the company’s stock, valued at approximately $18,760,352. This trade represents a 3.74% 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 sold 8,749 shares of company stock valued at $1,708,577 in the last quarter. Corporate insiders own 0.78% of the company’s stock.

Analyst Upgrades and Downgrades Several equities research analysts have recently issued reports on COF shares. Deutsche Bank Aktiengesellschaft decreased their target price on Capital One Financial from $256.00 to $250.00 and set a “hold” rating for the company in a research report on Wednesday, April 22nd. Rothschild & Co Redburn reduced their price target on shares of Capital One Financial from $290.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Royal Bank Of Canada decreased their price objective on shares of Capital One Financial from $275.00 to $235.00 and set a “sector perform” rating for the company in a report on Friday, April 10th. Barclays set a $242.00 price objective on shares of Capital One Financial in a research report on Tuesday, July 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Capital One Financial in a research note on Wednesday, June 24th. Twenty analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $259.91.

Get Our Latest Report on COF

About Capital One Financial (Free Report)

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.

Further Reading Five stocks we like better than Capital One Financial The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding COF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital One Financial Corporation (NYSE:COF – Free Report).

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2026-07-21 13:23 26d ago
2026-07-21 04:05 26d ago
Kinsale Capital Group, Inc. $KNSL Shares Bought by Fifth Third Bancorp
KNSL Kinsale Capital Group
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Fifth Third Bancorp grew its position in shares of Kinsale Capital Group, Inc. (NYSE:KNSL – Free Report) by 1,753.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,543 shares of the financial services provider’s stock after buying an additional 7,136 shares during the quarter. Fifth Third Bancorp’s holdings in Kinsale Capital Group were worth $2,577,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in KNSL. V Square Quantitative Management LLC acquired a new position in Kinsale Capital Group during the fourth quarter worth $25,000. Bayban purchased a new position in Kinsale Capital Group in the fourth quarter worth $25,000. eCIO Inc. acquired a new stake in Kinsale Capital Group in the fourth quarter valued at $29,000. International Assets Investment Management LLC acquired a new stake in Kinsale Capital Group in the fourth quarter valued at $29,000. Finally, Johnson Financial Group Inc. boosted its position in shares of Kinsale Capital Group by 257.1% during the 3rd quarter. Johnson Financial Group Inc. now owns 75 shares of the financial services provider’s stock worth $32,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 85.36% of the company’s stock.

Insider Transactions at Kinsale Capital Group In related news, CAO Christopher R. Tangard bought 330 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was purchased at an average cost of $304.00 per share, for a total transaction of $100,320.00. Following the completion of the acquisition, the chief accounting officer owned 380 shares in the company, valued at $115,520. This trade represents a 660.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael P. Kehoe sold 22,576 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $302.66, for a total transaction of $6,832,852.16. Following the transaction, the chief executive officer directly owned 308,048 shares of the company’s stock, valued at $93,233,807.68. This trade represents a 6.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 5.60% of the company’s stock.

Analyst Upgrades and Downgrades A number of research analysts have issued reports on the stock. Royal Bank Of Canada dropped their target price on shares of Kinsale Capital Group from $385.00 to $375.00 and set a “sector perform” rating for the company in a report on Monday, April 27th. Wells Fargo & Company upped their price target on Kinsale Capital Group from $357.00 to $366.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. raised their price objective on Kinsale Capital Group from $380.00 to $390.00 and gave the company a “neutral” rating in a research note on Monday. Morgan Stanley reduced their price objective on Kinsale Capital Group from $350.00 to $330.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. Finally, Truist Financial decreased their target price on Kinsale Capital Group from $450.00 to $405.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $373.80.

Check Out Our Latest Stock Report on KNSL

Kinsale Capital Group Stock Performance NYSE:KNSL opened at $350.31 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market cap of $8.08 billion, a PE ratio of 15.42, a P/E/G ratio of 1.11 and a beta of 0.90. The firm has a 50 day simple moving average of $318.62 and a 200-day simple moving average of $350.60. Kinsale Capital Group, Inc. has a 1-year low of $287.20 and a 1-year high of $512.76.

Kinsale Capital Group (NYSE:KNSL – Get Free Report) last released its earnings results on Thursday, April 23rd. The financial services provider reported $5.11 earnings per share for the quarter, topping the consensus estimate of $4.70 by $0.41. Kinsale Capital Group had a return on equity of 25.82% and a net margin of 27.48%.The firm had revenue of $466.71 million for the quarter, compared to the consensus estimate of $410.25 million. During the same period in the prior year, the business posted $3.71 earnings per share. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. On average, equities analysts expect that Kinsale Capital Group, Inc. will post 20.71 EPS for the current year.

Kinsale Capital Group Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.3%. Kinsale Capital Group’s dividend payout ratio is currently 4.40%.

Kinsale Capital Group Profile (Free Report)

Kinsale Capital Group, Inc (NYSE:KNSL) is a specialty property and casualty insurance company headquartered in Richmond, Virginia. Established in 2009, the company focuses on underwriting complex and underserved risks across the United States. Kinsale operates through a network of wholesale brokers and independent agencies, offering tailored coverage solutions for a range of niche industries.

The company’s product portfolio includes general liability, business auto, professional liability, environmental liability, inland marine, cyber liability, and other specialty lines.

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2026-07-21 08:30 26d ago
Wall Street Keeps Warming to Rambus Stock. Here's Our Price Target
RMBS Rambus
FMP Stock News
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© HelloRF Zcool / Shutterstock.com

Rambus (NASDAQ:RMBS | RMBS Price Prediction) has ridden the AI memory wave in 2026, and Wall Street is taking notice. Benchmark and Rosenblatt Securities both initiated coverage this month with Buy ratings and $165 price targets, while the analyst consensus sits at $149.

Our 24/7 Wall St. price target for Rambus is $109.40 over the next 12 months, implying 8.48% upside from $100.85. Our recommendation is buy, with a confidence level of 90%.

24/7 Wall St. Price Target Summary Metric Value Current Price $100.85 24/7 Wall St. Price Target $109.40 Upside 8.48% Recommendation BUY Confidence Level 90% The Pullback That Reset Expectations Rambus is down 28.56% over the past month after touching a 52-week high of $174.10 in June. Even after the drawdown, shares are still up 47.85% over the trailing year and 9.75% year to date.

Q1 2026 revenue of $180.19 million narrowly beat consensus, though non-GAAP EPS of $0.63 missed by a penny. Product revenue climbed 15% year over year to $88 million on AI memory interface chip demand. The July 8 launch of the DDR5 9600 server RDIMM chipset (with a 20% bandwidth increase) kept the AI narrative intact. Q2 2026 earnings are set for July 27.

Why Bulls See a Breakout Ahead The bull case rests on Rambus owning the memory bottleneck in AI infrastructure. FY2025 revenue reached $707.63 million (+27.13%) and operating cash flow hit $360 million. Q4 2025 delivered a 24.77% EPS beat at $0.68.

CEO Luc Seraphin argues “the growth of AI inference and agentic workloads in the data center continues to drive demand for higher memory bandwidth.”

With the HBM4E memory controller IP marketed as the industry’s fastest, Benchmark’s Gary Mobley and Rosenblatt both see $165 as achievable. In the bull case, Rambus reaches $170.98, a 69.54% total return.

The Risks Worth Watching Royalty revenue slipped to $69.64 million in Q1 2026 from $74 million a year earlier, and non-GAAP operating margin compressed to 42% from 46%. Bulls counter that R&D spending rose 18% to $50.23 million because Rambus is funding the HBM4E and SOCAMM2 roadmap.

The shares trade at 48x trailing earnings, and GuruFocus pegs intrinsic value at $93.31. Tightening DRAM supply triggered an analyst downgrade after Q1, and a CFO transition adds noise. The bear case lands at $93.54, a 7.25% decline.

How Rambus Compares to Marvell and Micron Marvell Technology (NASDAQ:MRVL) is the closest AI-infrastructure silicon peer, trading at 47x forward earnings with an analyst target of $253.69. Marvell’s premium multiple, despite quarterly EPS growth of -80.4% YoY, suggests investors pay up for AI silicon exposure, making Rambus’s 24x forward P/E look reasonable.

Micron Technology (NASDAQ:MU) is the DRAM manufacturer whose memory Rambus’s interface chips enable. Micron trades at just 5x forward earnings with a 55.9% profit margin, showing memory cyclicality still spooks the market. Rambus’s IP-royalty model deserves a premium to Micron’s commodity exposure, supporting our target.

Company Forward P/E Analyst Target Rambus 24x $149 Marvell 47x $253.69 Micron 5x $1,491.95 I’d Buy It Here The 24/7 Wall St. price target for Rambus is $109.40, a buy at 90% confidence. The tipping factor is the recent 28% pullback, which resets the risk-reward after June’s froth.

Buy here if the July 27 earnings report confirms product revenue toward the top of the $95 to $101 million guide. Stay on the sidelines if royalty revenue slips further below $72 million or margins compress again.

Year 24/7 Wall St. Price Target 2026 $109 2027 $118 2028 $126 2029 $132 2030 $138.81 These projections assume Rambus executes on DDR5 leadership and HBM4E ramp. Significant upside or downside could come from AI infrastructure capex cycles or a shift in the DRAM royalty base.

Contact [email protected] for any questions or corrections.
2026-07-21 13:23 26d ago
2026-07-21 04:21 26d ago
Andar Capital Management HK Ltd Sells 733 Shares of Lumentum Holdings Inc. $LITE
LITE Lumentum Holdings
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Andar Capital Management HK Ltd decreased its position in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 6.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,000 shares of the technology company’s stock after selling 733 shares during the period. Lumentum makes up 6.6% of Andar Capital Management HK Ltd’s holdings, making the stock its 8th biggest position. Andar Capital Management HK Ltd’s holdings in Lumentum were worth $7,730,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Advisors Asset Management Inc. grew its holdings in shares of Lumentum by 36.8% during the 1st quarter. Advisors Asset Management Inc. now owns 945 shares of the technology company’s stock worth $59,000 after purchasing an additional 254 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Lumentum by 109.9% during the 1st quarter. NewEdge Advisors LLC now owns 11,986 shares of the technology company’s stock worth $747,000 after buying an additional 6,275 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Lumentum by 9.1% during the 1st quarter. Empowered Funds LLC now owns 8,139 shares of the technology company’s stock worth $507,000 after buying an additional 680 shares during the last quarter. Hsbc Holdings PLC acquired a new stake in Lumentum in the second quarter valued at about $298,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Lumentum in the second quarter valued at about $1,712,000. Institutional investors and hedge funds own 94.05% of the company’s stock.

Analyst Upgrades and Downgrades LITE has been the subject of several research reports. Mizuho set a $1,100.00 price objective on shares of Lumentum in a research note on Wednesday, May 6th. Rosenblatt Securities upped their price objective on Lumentum from $900.00 to $1,300.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Morgan Stanley raised their price objective on shares of Lumentum from $710.00 to $900.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Craig Hallum lifted their target price on shares of Lumentum from $900.00 to $1,150.00 in a research report on Wednesday, May 6th. Finally, Citigroup reissued a “buy” rating on shares of Lumentum in a report on Thursday. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,012.67.

Get Our Latest Stock Analysis on LITE

Insider Buying and Selling at Lumentum In other news, Director Isaac Hosojiro Harris sold 1,416 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $1,000.08, for a total transaction of $1,416,113.28. Following the completion of the sale, the director directly owned 6,984 shares of the company’s stock, valued at $6,984,558.72. This trade represents a 16.86% 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, CFO Wajid Ali sold 2,487 shares of Lumentum stock in a transaction on Monday, May 18th. The stock was sold at an average price of $953.95, for a total value of $2,372,473.65. Following the sale, the chief financial officer owned 60,951 shares in the company, valued at $58,144,206.45. The trade was a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 41,260 shares of company stock valued at $38,859,220 in the last ninety days. 0.43% of the stock is owned by corporate insiders.

Lumentum Stock Up 4.5% Shares of NASDAQ LITE opened at $765.55 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.14 and a quick ratio of 0.97. The company has a 50-day moving average price of $859.31 and a 200-day moving average price of $715.91. The stock has a market capitalization of $59.56 billion, a P/E ratio of 141.77 and a beta of 1.48. Lumentum Holdings Inc. has a 1 year low of $97.55 and a 1 year high of $1,085.68.

Lumentum (NASDAQ:LITE – Get Free Report) last posted its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.10. The company had revenue of $808.40 million for the quarter, compared to analyst estimates of $810.21 million. Lumentum had a net margin of 17.61% and a return on equity of 24.81%. The firm’s revenue was up 90.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.57 EPS. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. On average, equities research analysts forecast that Lumentum Holdings Inc. will post 6.42 EPS for the current fiscal year.

About Lumentum (Free Report)

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.

Recommended Stories Five stocks we like better than Lumentum The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding LITE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lumentum Holdings Inc. (NASDAQ:LITE – Free Report).

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2026-07-21 13:23 26d ago
2026-07-21 04:59 26d ago
Assetmark Inc. Grows Holdings in Lumentum Holdings Inc. $LITE
LITE Lumentum Holdings
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Assetmark Inc. grew its stake in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 21,974.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,907 shares of the technology company’s stock after buying an additional 13,844 shares during the quarter. Assetmark Inc.’s holdings in Lumentum were worth $9,773,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Nomura Asset Management Co. Ltd. lifted its stake in Lumentum by 45.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 369,804 shares of the technology company’s stock worth $136,306,000 after acquiring an additional 114,714 shares during the period. Andar Capital Management HK Ltd bought a new stake in Lumentum in the fourth quarter valued at $4,325,000. Whittier Trust Co. increased its position in Lumentum by 21,806.5% during the 1st quarter. Whittier Trust Co. now owns 74,044 shares of the technology company’s stock valued at $57,183,000 after purchasing an additional 73,706 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in Lumentum during the 4th quarter valued at $6,755,000. Finally, Maxi Investments CY Ltd bought a new position in Lumentum in the 4th quarter worth $2,212,000. Hedge funds and other institutional investors own 94.05% of the company’s stock.

Insiders Place Their Bets In related news, insider Vincent Retort sold 3,183 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $953.95, for a total transaction of $3,036,422.85. Following the completion of the sale, the insider owned 89,563 shares of the company’s stock, valued at $85,438,623.85. This trade represents a 3.43% decrease in their ownership of the stock. The sale 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Ian Small sold 4,954 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $868.07, for a total transaction of $4,300,418.78. Following the completion of the transaction, the director owned 21,008 shares of the company’s stock, valued at approximately $18,236,414.56. The trade was a 19.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 41,260 shares of company stock valued at $38,859,220. 0.43% of the stock is owned by company insiders.

Lumentum Trading Up 4.5% NASDAQ LITE opened at $765.55 on Tuesday. Lumentum Holdings Inc. has a 12 month low of $97.55 and a 12 month high of $1,085.68. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average price is $859.31 and its 200-day moving average price is $715.91. The stock has a market cap of $59.56 billion, a P/E ratio of 141.77 and a beta of 1.48.

Lumentum (NASDAQ:LITE – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.10. The firm had revenue of $808.40 million during the quarter, compared to analyst estimates of $810.21 million. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.Lumentum’s quarterly revenue was up 90.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.57 EPS. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. As a group, equities analysts forecast that Lumentum Holdings Inc. will post 6.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth LITE has been the subject of several research analyst reports. Barclays raised their target price on shares of Lumentum from $750.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Lumentum in a research note on Tuesday, April 21st. JPMorgan Chase & Co. raised their price objective on shares of Lumentum from $950.00 to $1,130.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Susquehanna lifted their price objective on Lumentum from $550.00 to $1,100.00 and gave the company a “positive” rating in a research report on Monday, April 20th. Finally, Loop Capital upped their target price on Lumentum from $900.00 to $1,400.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Lumentum has a consensus rating of “Moderate Buy” and a consensus price target of $1,012.67.

View Our Latest Stock Report on LITE

Lumentum Profile (Free Report)

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.

Featured Articles Five stocks we like better than Lumentum The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding LITE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lumentum Holdings Inc. (NASDAQ:LITE – Free Report).

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

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2026-07-21 13:23 26d ago
2026-07-21 06:09 26d ago
Baader Bank Aktiengesellschaft Sells 1,086 Shares of Lumentum Holdings Inc. $LITE
LITE Lumentum Holdings
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Baader Bank Aktiengesellschaft lessened its holdings in shares of Lumentum Holdings Inc. (NASDAQ:LITE – Free Report) by 16.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,683 shares of the technology company’s stock after selling 1,086 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Lumentum were worth $3,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of LITE. Arrowstreet Capital Limited Partnership lifted its position in Lumentum by 18.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,854,801 shares of the technology company’s stock valued at $683,661,000 after purchasing an additional 291,591 shares in the last quarter. Geode Capital Management LLC increased its position in Lumentum by 9.6% in the fourth quarter. Geode Capital Management LLC now owns 1,412,213 shares of the technology company’s stock worth $521,563,000 after buying an additional 123,265 shares in the last quarter. Situational Awareness LP increased its position in Lumentum by 210.9% in the fourth quarter. Situational Awareness LP now owns 1,298,400 shares of the technology company’s stock worth $478,577,000 after buying an additional 880,800 shares in the last quarter. Norges Bank bought a new position in shares of Lumentum in the fourth quarter worth about $474,495,000. Finally, Value Aligned Research Advisors LLC bought a new position in shares of Lumentum in the fourth quarter worth about $432,062,000. Institutional investors own 94.05% of the company’s stock.

Analyst Ratings Changes LITE has been the topic of several analyst reports. TD Cowen lowered their price target on shares of Lumentum from $995.00 to $800.00 and set a “hold” rating on the stock in a report on Monday, July 13th. Loop Capital increased their price objective on shares of Lumentum from $900.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Barclays raised their price objective on shares of Lumentum from $750.00 to $1,000.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Northland Securities upped their target price on shares of Lumentum from $1,000.00 to $1,200.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $1,200.00 target price on shares of Lumentum in a report on Wednesday, May 6th. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,012.67.

Read Our Latest Stock Report on Lumentum

Insider Activity at Lumentum In other Lumentum news, Director Brian Lillie sold 11,951 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $981.64, for a total value of $11,731,579.64. Following the sale, the director owned 13,959 shares in the company, valued at $13,702,712.76. This trade represents a 46.13% decrease in their ownership of the stock. The transaction 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, Director Isaac Hosojiro Harris sold 4,000 shares of Lumentum stock in a transaction on Friday, May 29th. The stock was sold at an average price of $860.00, for a total value of $3,440,000.00. Following the sale, the director owned 8,400 shares of the company’s stock, valued at approximately $7,224,000. This trade represents a 32.26% decrease in their ownership of the stock. 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 41,260 shares of company stock worth $38,859,220 over the last quarter. 0.43% of the stock is owned by insiders.

Lumentum Stock Up 4.5% Shares of NASDAQ LITE opened at $765.55 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.14 and a quick ratio of 0.97. The company has a market cap of $59.56 billion, a P/E ratio of 141.77 and a beta of 1.48. Lumentum Holdings Inc. has a 1 year low of $97.55 and a 1 year high of $1,085.68. The firm has a 50-day simple moving average of $859.31 and a two-hundred day simple moving average of $715.91.

Lumentum (NASDAQ:LITE – Get Free Report) last announced its earnings results on Tuesday, May 5th. The technology company reported $2.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.10. The business had revenue of $808.40 million during the quarter, compared to analyst estimates of $810.21 million. Lumentum had a return on equity of 24.81% and a net margin of 17.61%.The company’s revenue for the quarter was up 90.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.57 earnings per share. Lumentum has set its Q4 2026 guidance at 2.850-3.050 EPS. Research analysts anticipate that Lumentum Holdings Inc. will post 6.42 earnings per share for the current year.

Lumentum Company Profile (Free Report)

Lumentum Holdings Inc, headquartered in San Jose, California, is a leading provider of photonic technologies that enable high-speed optical communication networks and advanced industrial applications. The company designs and manufactures a broad range of lasers, optical modules and subsystems tailored to the evolving requirements of telecommunications carriers, cloud data centers and enterprise networking.

Its core product portfolio includes tunable and fixed-wavelength laser transmitters, coherent optical engines, transceivers for long-haul, metro and data center interconnects, as well as test and measurement instruments.

Featured Articles Five stocks we like better than Lumentum The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding LITE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lumentum Holdings Inc. (NASDAQ:LITE – Free Report).

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2026-07-21 13:23 26d ago
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Balefire LLC Has $481,000 Holdings in Amcor PLC $AMCR
AMCR Amcor
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Balefire LLC cut its stake in shares of Amcor PLC (NYSE:AMCR – Free Report) by 73.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,102 shares of the company’s stock after selling 34,069 shares during the quarter. Balefire LLC’s holdings in Amcor were worth $481,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. AdvisorNet Financial Inc acquired a new position in shares of Amcor in the first quarter valued at approximately $25,000. DV Equities LLC bought a new position in Amcor during the 4th quarter worth approximately $27,000. Brown Lisle Cummings Inc. lifted its position in shares of Amcor by 137.9% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,450 shares of the company’s stock worth $29,000 after purchasing an additional 2,000 shares during the period. Larson Financial Group LLC lifted its position in shares of Amcor by 46.1% in the 4th quarter. Larson Financial Group LLC now owns 3,985 shares of the company’s stock worth $33,000 after purchasing an additional 1,257 shares during the period. Finally, N.E.W. Advisory Services LLC boosted its stake in shares of Amcor by 10.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 4,070 shares of the company’s stock valued at $34,000 after purchasing an additional 373 shares during the last quarter. Institutional investors own 45.14% of the company’s stock.

Amcor Trading Down 1.6% Shares of Amcor stock opened at $43.22 on Tuesday. The stock has a 50 day moving average price of $40.71 and a two-hundred day moving average price of $42.19. Amcor PLC has a 52 week low of $36.25 and a 52 week high of $50.94. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.95 and a current ratio of 1.44. The stock has a market capitalization of $19.98 billion, a PE ratio of 30.22, a price-to-earnings-growth ratio of 1.38 and a beta of 0.62.

Amcor (NYSE:AMCR – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.96 earnings per share for the quarter, hitting the consensus estimate of $0.96. Amcor had a net margin of 3.06% and a return on equity of 14.55%. The firm had revenue of $5.91 billion for the quarter, compared to the consensus estimate of $5.71 billion. During the same quarter in the prior year, the company posted $0.90 earnings per share. The business’s revenue was up 77.4% on a year-over-year basis. As a group, equities analysts anticipate that Amcor PLC will post 3.97 earnings per share for the current fiscal year.

Amcor Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Thursday, May 28th were paid a dividend of $0.65 per share. The ex-dividend date was Thursday, May 28th. This represents a $2.60 annualized dividend and a yield of 6.0%. Amcor’s dividend payout ratio (DPR) is 181.82%.

Analyst Upgrades and Downgrades Several research firms have recently weighed in on AMCR. JPMorgan Chase & Co. decreased their price objective on shares of Amcor from $50.00 to $44.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft started coverage on shares of Amcor in a report on Wednesday, April 1st. They issued a “buy” rating and a $50.00 target price on the stock. Wells Fargo & Company set a $43.00 price target on Amcor and gave the stock an “equal weight” rating in a report on Wednesday, July 15th. Citigroup decreased their price target on Amcor from $54.00 to $47.00 and set a “buy” rating for the company in a report on Friday, May 8th. Finally, BMO Capital Markets initiated coverage on Amcor in a research note on Thursday. They issued a “market perform” rating and a $47.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $48.40.

View Our Latest Stock Analysis on Amcor

Amcor Profile (Free Report)

Amcor (NYSE: AMCR) is a global packaging company specializing in the design, development and production of flexible and rigid packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other consumer and industrial products. The company’s product portfolio encompasses flexible films, pouches, specialty cartons, rigid containers, metal closures and dispensing systems. Amcor’s packaging solutions are engineered to preserve product quality, extend shelf life and meet the specific requirements of a wide range of end markets.

Founded in its current form in 2005 following a spin-off from a mining conglomerate, Amcor expanded its capabilities and geographic footprint through organic investments and strategic acquisitions.

See Also Five stocks we like better than Amcor The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding AMCR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amcor PLC (NYSE:AMCR – Free Report).

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2026-07-21 13:22 26d ago
2026-07-21 11:37 26d ago
LUNC Finally Touches Green Zone Again...
LUNC Terra Luna Classic
CoinGecko News
Original source text
Terra Luna Classic ($LUNC) has returned to positive territory for the first time in over a week, posting a gain of nearly 4% in the past 24 hours, according to data from CoinGecko. The move, while modest, has been enough to lift sentiment among holders who watched the asset shed more than 30% at its lowest point last week.

The recovery is partial at best. $LUNC remains down approximately 15% over the past 30 days, reflecting a broader period of weakness that followed a sharp rally earlier in the year.

A Tough Month Despite the BounceThe 30-day picture puts the latest gain in context. Terra Classic's price declined nearly 20% over the past month, reversing a 150% surge from April to early May 2026 that had been driven by a strong Binance burn event. The sell-off that followed erased much of those gains, pushing $LUNC back toward multi-week lows before this week's tentative recovery.

Trading volume for Terra Luna Classic reached $7.73 million in the last 24 hours, representing a 1.30% increase from the prior day, signalling a recent rise in market activity. Whether that volume is sustained will be a key test of whether the recovery has legs.

Burn Program Continues in the BackgroundOne factor the community continues to monitor closely is Binance's monthly token burn program. Binance burned 604,278,995 $LUNC tokens on July 1, 2026, as part of its monthly buyback-and-burn program. That brought Binance's cumulative direct burns to approximately 87.37 billion $LUNC, with the exchange accounting for roughly 19.5% of all burned tokens tracked by LUNC Metrics.

The total supply remains at 6.46 trillion, with 5.52 trillion in circulation, meaning the daily burn rate, while consistent, is a marginal fraction of the overall supply. Analysts note that significant price appreciation would require a dramatic and sustained increase in burn volume beyond the current pace.

For now, the $LUNC community is taking the short-term green candle as a sign of life after a bruising stretch. Whether this marks the beginning of a sustained recovery or simply a brief relief rally remains to be seen.

Sources
CoinGecko: Terra Luna Classic (LUNC) Live Price
CoinReporter: Binance Executes July 1, 2026 LUNC Burn
DailyCoin: Binance Nears 90B LUNC Torched Following Mega Burn
2026-07-21 13:22 26d ago
2026-07-21 08:40 26d ago
KeyCorp (KEY) Beats Q2 Earnings Estimates
KEY Key Corp
FMP Stock News
Original source text
KeyCorp (KEY - Free Report) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +4.76%. A quarter ago, it was expected that this company would post earnings of $0.41 per share when it actually produced earnings of $0.44, delivering a surprise of +7.32%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

KeyCorp, which belongs to the Zacks Banks - Major Regional industry, posted revenues of $1.96 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.11%. This compares to year-ago revenues of $1.83 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

KeyCorp shares have added about 13% since the beginning of the year versus the S&P 500's gain of 8.7%.

What's Next for KeyCorp?While KeyCorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for KeyCorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.46 on $2.02 billion in revenues for the coming quarter and $1.82 on $8.04 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Major Regional is currently in the top 10% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, BankUnited, Inc. (BKU - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 22.

This company is expected to post quarterly earnings of $1.02 per share in its upcoming report, which represents a year-over-year change of +12.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

BankUnited, Inc.'s revenues are expected to be $290.57 million, up 6.1% from the year-ago quarter.
2026-07-21 13:22 26d ago
2026-07-21 09:06 26d ago
KeyCorp's Margin Expansion Theme Remains On Track
KEY Key Corp
FMP Stock News
Original source text
5.59K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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.
2026-07-21 13:21 26d ago
2026-07-21 08:00 26d ago
AEP Names David Marriott and Charles Meyers to Board of Directors
AEP American Electric Power
FMP Stock News
Original source text
Marriott International Chairman David Marriott adds customer-focused operations experience to support execution at scale

Former Equinix CEO Charles Meyers brings digital infrastructure expertise
aligned with AEP's next phase of growth

, /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced that David Marriott, Chairman of the Board of Marriott International, and Charles Meyers, Executive Chairman and former President and Chief Executive Officer of Equinix, have been elected to AEP's Board of Directors (the "Board"), effective July 20.

David Marriott brings extensive experience leading large-scale, customer-focused operations for one of the world's most recognized hospitality companies. Meyers brings deep digital infrastructure expertise from his leadership of Equinix, one of the world's leading global digital infrastructure companies. Together, their perspectives will provide valuable insight as AEP invests to meet unprecedented energy demand while maintaining its focus on reliability and affordability.

"Charles and David are proven leaders whose experience aligns directly with AEP's strategy and complements the strong mix of skills already represented on our Board," said Bill Fehrman, AEP Chairman, President and Chief Executive Officer. "David has spent his career leading complex operations at one of the world's most recognized service companies, where consistency, execution and customer trust are critical. Charles has led one of the world's most important digital infrastructure platforms through a period of extraordinary growth, giving him direct insight into the customers and technologies driving this new era of electric demand. We look forward to benefiting from their expertise and leadership as we execute our strategy to meet growing demand, deliver reliable, affordable power for customers and create long-term value for shareholders."

David Marriott is Chairman of the Board of Marriott International, where he has served as a director since 2021 and as Chairman since 2022. Since joining Marriott in 1999, he has held senior operational, sales and leadership roles across the company, including President, U.S. Full Service Managed by Marriott, where he oversaw more than 330 hotels operating under 14 brands across 34 states and French Polynesia. He also served as Chief Operations Officer, The Americas Eastern Region, where he held an integral role in hotel operations and helped oversee the U.S. integration of Marriott's acquisition of Starwood Hotels & Resorts.

"AEP serves millions of customers who depend on the company every day," said David Marriott. "Delivering consistently across a large footprint requires operational discipline, strong teams, trusted relationships and an unwavering commitment to service. I look forward to working with the Board and management team as AEP continues to serve customers and communities across some of the country's most dynamic regions."

Meyers was appointed Executive Chairman of Equinix in June 2024 after serving as President and CEO from 2018 to 2024. As CEO, he further strengthened Equinix's position as a leading global digital infrastructure company, doubling its global data center footprint, strengthening its ecosystem of leading enterprise customers and quadrupling revenues during his tenure. He previously held several senior leadership roles at Equinix, including Chief Operating Officer, President of Strategy, Services and Innovation, and President of the Americas region.

"The digital economy depends on reliable electric infrastructure, and AEP has the footprint, transmission expertise and operating discipline to help meet those needs," said Meyers. "I am excited to join the Board at such an important time for AEP and contribute to the company's work building the critical infrastructure needed for the future."

With these appointments, AEP's Board will comprise 12 directors, 11 of whom are independent.

ABOUT AEP

American Electric Power (Nasdaq: AEP) is committed to improving our customers' lives with reliable, affordable power. We plan to invest $78 billion from 2026 through 2030 to enhance service for customers and support the growing energy needs of our communities. Our nearly 18,000 employees operate and maintain the nation's largest electric transmission system with 40,000 line miles, along with more than 252,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 32,000 megawatts of diverse owned and contracted generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia, West Virginia and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.

SOURCE American Electric Power
2026-07-21 13:20 26d ago
2026-07-21 03:54 26d ago
California Public Employees Retirement System Cuts Holdings in CMS Energy Corporation $CMS
CMSA CMS Energy
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

California Public Employees Retirement System lowered its position in CMS Energy Corporation (NYSE:CMS – Free Report) by 16.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 633,281 shares of the utilities provider’s stock after selling 128,881 shares during the quarter. California Public Employees Retirement System owned 0.20% of CMS Energy worth $49,130,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its holdings in shares of CMS Energy by 84.4% in the 4th quarter. Sound Income Strategies LLC now owns 343 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 157 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth about $29,000. DV Equities LLC purchased a new stake in shares of CMS Energy during the 4th quarter worth about $29,000. MidFirst Bank acquired a new stake in CMS Energy during the 4th quarter worth approximately $31,000. Finally, Quest 10 Wealth Builders Inc. increased its position in CMS Energy by 653.2% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 467 shares of the utilities provider’s stock worth $33,000 after purchasing an additional 405 shares in the last quarter. Hedge funds and other institutional investors own 93.57% of the company’s stock.

Insider Activity at CMS Energy In related news, SVP Brandon J. Hofmeister sold 3,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $74.31, for a total value of $222,930.00. Following the transaction, the senior vice president owned 67,111 shares in the company, valued at approximately $4,987,018.41. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets Several research analysts recently commented on CMS shares. Barclays raised their price target on shares of CMS Energy from $79.00 to $81.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. Weiss Ratings reissued a “buy (b)” rating on shares of CMS Energy in a research report on Friday, June 5th. Morgan Stanley set a $77.00 target price on shares of CMS Energy in a research note on Thursday, May 21st. Wall Street Zen upgraded shares of CMS Energy from a “strong sell” rating to a “sell” rating in a report on Sunday, July 5th. Finally, Truist Financial reduced their target price on shares of CMS Energy from $86.00 to $83.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Seven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, CMS Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.33.

View Our Latest Research Report on CMS Energy

CMS Energy Stock Performance CMS Energy stock opened at $72.88 on Tuesday. CMS Energy Corporation has a 12-month low of $68.64 and a 12-month high of $80.36. The company has a market capitalization of $22.51 billion, a price-to-earnings ratio of 20.13, a price-to-earnings-growth ratio of 2.67 and a beta of 0.35. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.84 and a quick ratio of 0.66. The firm’s fifty day moving average price is $74.13 and its 200 day moving average price is $74.62.

CMS Energy (NYSE:CMS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.02. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.46 billion. CMS Energy had a net margin of 12.55% and a return on equity of 12.17%. The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.02 EPS. CMS Energy has set its FY 2026 guidance at 3.830-3.90 EPS. On average, research analysts forecast that CMS Energy Corporation will post 3.87 EPS for the current fiscal year.

About CMS Energy (Free Report)

CMS Energy (NYSE: CMS) is an energy company based in Jackson, Michigan, whose principal business is the regulated utility operations of its subsidiary, Consumers Energy. The company is primarily focused on providing electric and natural gas service to customers in Michigan, operating the generation, transmission and distribution infrastructure necessary to deliver energy to residential, commercial and industrial customers. Headquartered in Jackson, CMS Energy conducts its core activities within the state and is regulated by state utility authorities.

Through Consumers Energy and related subsidiaries, CMS Energy develops, owns and operates a portfolio of generation assets and delivers a range of customer-facing services, including electricity and natural gas supply, grid management, energy efficiency programs and demand-response offerings.

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2026-07-21 13:20 26d ago
2026-07-21 04:38 26d ago
Baader Bank Aktiengesellschaft Has $2.65 Million Position in Heico Corporation $HEI
HEI-A HEICO
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Baader Bank Aktiengesellschaft lessened its holdings in Heico Corporation (NYSE:HEI – Free Report) by 25.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,750 shares of the aerospace company’s stock after selling 3,255 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Heico were worth $2,655,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Diamant Asset Management Inc. grew its stake in shares of Heico by 25,698.9% in the 1st quarter. Diamant Asset Management Inc. now owns 763,647 shares of the aerospace company’s stock valued at $209,392,000 after purchasing an additional 760,687 shares during the period. Munro Partners boosted its stake in Heico by 44.2% in the 4th quarter. Munro Partners now owns 284,898 shares of the aerospace company’s stock valued at $92,190,000 after buying an additional 87,265 shares in the last quarter. CI Investments Inc. grew its position in Heico by 40.0% in the fourth quarter. CI Investments Inc. now owns 164,036 shares of the aerospace company’s stock valued at $53,080,000 after acquiring an additional 46,846 shares during the period. Balyasny Asset Management L.P. grew its position in Heico by 263.2% in the third quarter. Balyasny Asset Management L.P. now owns 60,469 shares of the aerospace company’s stock valued at $19,521,000 after acquiring an additional 43,821 shares during the period. Finally, Fisher Asset Management LLC raised its stake in Heico by 12.1% during the fourth quarter. Fisher Asset Management LLC now owns 326,386 shares of the aerospace company’s stock worth $105,615,000 after acquiring an additional 35,288 shares in the last quarter. 27.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth Several brokerages have recently commented on HEI. Wells Fargo & Company set a $350.00 target price on shares of Heico and gave the company an “equal weight” rating in a research note on Monday, June 1st. Morgan Stanley set a $370.00 target price on shares of Heico in a research report on Wednesday, July 15th. Weiss Ratings raised shares of Heico from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. Royal Bank Of Canada boosted their price target on shares of Heico from $375.00 to $390.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Finally, Citigroup reaffirmed a “buy” rating and set a $410.00 price objective (up from $403.00) on shares of Heico in a research note on Wednesday, July 1st. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $374.56.

View Our Latest Report on HEI

Insider Buying and Selling at Heico In related news, CAO Bradley K. Rowen sold 1,326 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $241.63, for a total value of $320,401.38. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 4.86% of the stock is currently owned by company insiders.

Heico Trading Down 0.5% HEI stock opened at $341.07 on Tuesday. The company has a quick ratio of 1.36, a current ratio of 2.92 and a debt-to-equity ratio of 0.53. Heico Corporation has a twelve month low of $256.11 and a twelve month high of $369.48. The company has a market cap of $47.63 billion, a P/E ratio of 60.90, a PEG ratio of 3.55 and a beta of 1.03. The business has a fifty day moving average of $331.59 and a 200-day moving average of $317.81.

Heico (NYSE:HEI – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The aerospace company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.33. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.25 billion. Heico had a return on equity of 17.52% and a net margin of 16.08%.The company’s revenue was up 25.3% on a year-over-year basis. During the same period last year, the company earned $1.12 earnings per share. As a group, equities research analysts expect that Heico Corporation will post 5.95 EPS for the current year.

Heico Dividend Announcement The firm also recently declared a dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.13 per share. The ex-dividend date was Wednesday, July 1st. This represents a dividend yield of 7.0%. Heico’s payout ratio is currently 4.64%.

Heico Company Profile (Free Report)

HEICO Corporation is an aerospace, defense and electronics company that designs, manufactures, and sells a range of products and provides repair and aftermarket services. Headquartered in Hollywood, Florida, HEICO supplies replacement components, repair services and engineered systems for commercial and business aviation, military and space markets as well as for selected industrial and medical customers. The company’s offerings are focused on sustaining and improving the reliability and availability of complex equipment across its end markets.

HEICO operates through two principal business areas.

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2026-07-21 13:19 26d ago
2026-07-21 03:53 26d ago
Bessemer Group Inc. Purchases 36,940 Shares of CONMED Corporation $CNMD
CNMD CONMED
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bessemer Group Inc. boosted its position in CONMED Corporation (NYSE:CNMD – Free Report) by 46.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 116,429 shares of the company’s stock after purchasing an additional 36,940 shares during the period. Bessemer Group Inc. owned about 0.39% of CONMED worth $4,117,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wasatch Advisors LP bought a new stake in CONMED in the third quarter valued at approximately $47,026,000. Invenomic Capital Management LP increased its holdings in shares of CONMED by 75.6% during the 4th quarter. Invenomic Capital Management LP now owns 737,546 shares of the company’s stock worth $29,944,000 after acquiring an additional 317,543 shares during the last quarter. Marshall Wace LLP bought a new stake in CONMED in the 4th quarter valued at $9,029,000. Dimensional Fund Advisors LP raised its stake in CONMED by 19.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,296,776 shares of the company’s stock valued at $60,984,000 after acquiring an additional 214,126 shares during the period. Finally, Millennium Management LLC acquired a new stake in CONMED during the 3rd quarter valued at $9,239,000.

CONMED Stock Performance CNMD opened at $43.51 on Tuesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.29 and a quick ratio of 1.04. The business has a fifty day simple moving average of $35.98 and a 200 day simple moving average of $38.36. CONMED Corporation has a 1 year low of $31.44 and a 1 year high of $56.63. The company has a market capitalization of $1.31 billion, a PE ratio of 24.58, a price-to-earnings-growth ratio of 3.19 and a beta of 0.93.

CONMED (NYSE:CNMD – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.07. The firm had revenue of $317.05 million for the quarter, compared to analysts’ expectations of $310.64 million. CONMED had a return on equity of 13.84% and a net margin of 4.00%.The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.95 EPS. Research analysts expect that CONMED Corporation will post 4.38 EPS for the current year.

Wall Street Analyst Weigh In A number of equities analysts have commented on the stock. JPMorgan Chase & Co. reduced their price objective on shares of CONMED from $43.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Wells Fargo & Company set a $39.00 price objective on shares of CONMED in a research report on Monday, July 13th. Zacks Research cut shares of CONMED from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. BMO Capital Markets assumed coverage on shares of CONMED in a report on Wednesday, July 8th. They set a “market perform” rating and a $36.00 target price for the company. Finally, Bank of America reiterated an “underperform” rating and issued a $40.00 price target on shares of CONMED in a research note on Monday, June 29th. Five research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $38.80.

Read Our Latest Stock Report on CONMED

CONMED Company Profile (Free Report)

CONMED Corporation (NYSE: CNMD) is a global medical technology company headquartered in Utica, New York. Founded in 1970, CONMED develops, manufactures and markets a broad portfolio of surgical devices and accessories for minimally invasive procedures. The company’s product line supports surgeons and healthcare providers in specialties including orthopedics, general surgery, gastroenterology and gynecology.

CONMED operates two principal segments: Orthopedics, and Visualization & Energy.

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NEXT HEADLINE »TransMedics Group, Inc. $TMDX Shares Bought by Bessemer Group Inc.
2026-07-21 13:19 26d ago
2026-07-21 03:53 26d ago
TransMedics Group, Inc. $TMDX Shares Bought by Bessemer Group Inc.
TMDX TransMedics Group
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bessemer Group Inc. grew its stake in shares of TransMedics Group, Inc. (NASDAQ:TMDX – Free Report) by 38.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,821 shares of the company’s stock after purchasing an additional 12,812 shares during the period. Bessemer Group Inc. owned approximately 0.13% of TransMedics Group worth $4,555,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in shares of TransMedics Group by 11.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 6,465 shares of the company’s stock valued at $649,000 after purchasing an additional 652 shares during the period. Regency Capital Management Inc. DE acquired a new position in TransMedics Group during the first quarter worth about $2,172,000. Geneos Wealth Management Inc. purchased a new position in TransMedics Group in the first quarter valued at about $3,045,000. Principal Financial Group Inc. increased its holdings in TransMedics Group by 19.4% in the first quarter. Principal Financial Group Inc. now owns 231,433 shares of the company’s stock valued at $23,007,000 after buying an additional 37,656 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its position in shares of TransMedics Group by 97.0% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 16,779 shares of the company’s stock valued at $1,668,000 after acquiring an additional 8,260 shares during the period. 99.67% of the stock is owned by institutional investors and hedge funds.

TransMedics Group Stock Down 0.7% TMDX opened at $73.47 on Tuesday. The company has a quick ratio of 6.19, a current ratio of 6.74 and a debt-to-equity ratio of 1.70. The firm has a market cap of $2.54 billion, a P/E ratio of 16.70 and a beta of 1.89. TransMedics Group, Inc. has a 52 week low of $60.10 and a 52 week high of $156.00. The business’s fifty day simple moving average is $71.02 and its 200 day simple moving average is $104.11.

TransMedics Group (NASDAQ:TMDX – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.32). The company had revenue of $173.93 million for the quarter, compared to analysts’ expectations of $174.44 million. TransMedics Group had a return on equity of 22.38% and a net margin of 27.04%.The company’s revenue for the quarter was up 21.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.70 EPS. As a group, equities research analysts anticipate that TransMedics Group, Inc. will post 1.92 EPS for the current fiscal year.

Insider Transactions at TransMedics Group In other TransMedics Group news, Director Thomas J. Gunderson sold 9,624 shares of TransMedics Group stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $75.06, for a total value of $722,377.44. Following the completion of the sale, the director directly owned 16,642 shares of the company’s stock, valued at approximately $1,249,148.52. The trade was a 36.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 6.90% of the company’s stock.

Analyst Upgrades and Downgrades Several equities analysts recently issued reports on the company. UBS Group reaffirmed a “hold” rating on shares of TransMedics Group in a report on Tuesday, May 26th. Canaccord Genuity Group restated a “buy” rating and issued a $124.00 price target on shares of TransMedics Group in a research report on Tuesday, June 30th. TD Cowen restated a “buy” rating and issued a $120.00 price target on shares of TransMedics Group in a research report on Wednesday, July 1st. Needham & Company LLC cut their price target on TransMedics Group from $174.00 to $142.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Zacks Research lowered shares of TransMedics Group from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Six equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $134.50.

Read Our Latest Analysis on TMDX

About TransMedics Group (Free Report)

TransMedics Group, Inc is a medical device company headquartered in Andover, Massachusetts, that specializes in advanced organ preservation and transport systems for transplantation. The company’s flagship technology, the Organ Care System (OCS), maintains donor organs in a near-physiologic, warm, beating state during transportation, with the aim of extending preservation times and improving post‐transplant outcomes. TransMedics’ solutions address a critical need in transplantation by reducing ischemic injury and expanding the donor organ pool.

TransMedics currently markets two commercially available OCS platforms.

See Also Five stocks we like better than TransMedics Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding TMDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransMedics Group, Inc. (NASDAQ:TMDX – Free Report).

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2026-07-21 13:19 26d ago
2026-07-21 04:03 26d ago
Fifth Third Bancorp Buys 12,680 Shares of IDEX Corporation $IEX
IEX IDEX Corporation
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Fifth Third Bancorp grew its position in IDEX Corporation (NYSE:IEX – Free Report) by 400.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,849 shares of the industrial products company’s stock after acquiring an additional 12,680 shares during the quarter. Fifth Third Bancorp’s holdings in IDEX were worth $3,004,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IEX. SJS Investment Consulting Inc. lifted its position in IDEX by 104.1% in the first quarter. SJS Investment Consulting Inc. now owns 149 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 76 shares during the period. Laurel Wealth Advisors LLC acquired a new position in shares of IDEX in the 4th quarter valued at $27,000. CYBER HORNET ETFs LLC bought a new position in shares of IDEX during the 2nd quarter worth about $35,000. Cromwell Holdings LLC lifted its holdings in shares of IDEX by 41.1% during the 4th quarter. Cromwell Holdings LLC now owns 199 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 58 shares during the period. Finally, Root Financial Partners LLC boosted its position in shares of IDEX by 57.6% during the 1st quarter. Root Financial Partners LLC now owns 208 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 76 shares in the last quarter. Institutional investors and hedge funds own 97.96% of the company’s stock.

Insider Activity In related news, CEO Eric D. Ashleman sold 15,385 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $215.22, for a total transaction of $3,311,159.70. Following the transaction, the chief executive officer owned 66,658 shares in the company, valued at $14,346,134.76. This represents a 18.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.50% of the stock is owned by corporate insiders.

IDEX Stock Performance NYSE:IEX opened at $221.09 on Tuesday. The stock has a market capitalization of $16.36 billion, a P/E ratio of 32.71, a price-to-earnings-growth ratio of 2.21 and a beta of 0.98. The company has a current ratio of 3.39, a quick ratio of 2.40 and a debt-to-equity ratio of 0.46. IDEX Corporation has a 1 year low of $157.25 and a 1 year high of $231.70. The firm has a 50 day moving average of $218.25 and a 200-day moving average of $205.91.

IDEX (NYSE:IEX – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.22. IDEX had a return on equity of 15.29% and a net margin of 14.38%.The firm had revenue of $886.90 million during the quarter, compared to analysts’ expectations of $845.58 million. During the same period last year, the firm posted $1.75 EPS. The business’s revenue was up 8.9% on a year-over-year basis. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. As a group, sell-side analysts anticipate that IDEX Corporation will post 8.49 EPS for the current fiscal year.

IDEX Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Monday, July 6th will be paid a $0.73 dividend. The ex-dividend date is Monday, July 6th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.3%. IDEX’s dividend payout ratio (DPR) is 43.20%.

Analyst Upgrades and Downgrades A number of equities research analysts have weighed in on IEX shares. Stifel Nicolaus lifted their price objective on IDEX from $250.00 to $257.00 and gave the company a “buy” rating in a report on Monday. Royal Bank Of Canada increased their target price on IDEX from $252.00 to $261.00 and gave the stock an “outperform” rating in a report on Thursday. TD Cowen raised their target price on IDEX from $250.00 to $260.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Citigroup boosted their price target on IDEX from $243.00 to $252.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings raised IDEX from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, IDEX currently has a consensus rating of “Moderate Buy” and a consensus price target of $242.89.

Get Our Latest Stock Report on IEX

IDEX Company Profile (Free Report)

IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.

Operations at IDEX are organized into three principal segments.

Featured Stories Five stocks we like better than IDEX The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

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2026-07-21 13:18 26d ago
2026-07-21 03:53 26d ago
Bessemer Group Inc. Acquires 70,480 Shares of WSFS Financial Corporation $WSFS
WSFS WSFS Financial Corporation
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bessemer Group Inc. raised its holdings in shares of WSFS Financial Corporation (NASDAQ:WSFS – Free Report) by 20,548.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,823 shares of the bank’s stock after purchasing an additional 70,480 shares during the quarter. Bessemer Group Inc. owned approximately 0.14% of WSFS Financial worth $4,636,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC increased its holdings in shares of WSFS Financial by 92.4% in the first quarter. Root Financial Partners LLC now owns 431 shares of the bank’s stock valued at $28,000 after purchasing an additional 207 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in shares of WSFS Financial during the 4th quarter worth about $33,000. Torren Management LLC acquired a new stake in shares of WSFS Financial during the 4th quarter worth about $35,000. Clearstead Advisors LLC boosted its holdings in shares of WSFS Financial by 167.5% during the 4th quarter. Clearstead Advisors LLC now owns 781 shares of the bank’s stock worth $43,000 after buying an additional 489 shares during the period. Finally, Quarry LP boosted its holdings in shares of WSFS Financial by 159.7% during the 3rd quarter. Quarry LP now owns 813 shares of the bank’s stock worth $44,000 after buying an additional 500 shares during the period. 88.49% of the stock is owned by institutional investors.

Insider Buying and Selling at WSFS Financial In other news, CEO Rodger Levenson sold 65,446 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $74.11, for a total transaction of $4,850,203.06. Following the completion of the sale, the chief executive officer directly owned 186,088 shares in the company, valued at approximately $13,790,981.68. This represents a 26.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.10% of the company’s stock.

WSFS Financial Stock Performance Shares of NASDAQ:WSFS opened at $78.92 on Tuesday. WSFS Financial Corporation has a 12-month low of $49.92 and a 12-month high of $80.73. The company’s 50 day moving average price is $74.34 and its two-hundred day moving average price is $68.18. The firm has a market cap of $4.11 billion, a PE ratio of 14.04 and a beta of 0.76. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.11.

WSFS Financial Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 8th were issued a $0.20 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $0.80 annualized dividend and a yield of 1.0%. This is a boost from WSFS Financial’s previous quarterly dividend of $0.17. WSFS Financial’s payout ratio is presently 14.23%.

Analyst Ratings Changes Several research firms have weighed in on WSFS. Zacks Research cut shares of WSFS Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. UBS Group set a $76.00 price objective on WSFS Financial in a report on Monday, April 27th. DA Davidson increased their target price on WSFS Financial from $70.00 to $76.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. Weiss Ratings reissued a “buy (b)” rating on shares of WSFS Financial in a report on Friday, June 12th. Finally, TD Cowen reissued a “buy” rating and set a $82.00 price target (up from $77.00) on shares of WSFS Financial in a report on Wednesday, April 29th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, WSFS Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.07.

Get Our Latest Report on WSFS

WSFS Financial Company Profile (Free Report)

WSFS Financial Corporation is the bank holding company for WSFS Bank, a regional financial institution headquartered in Wilmington, Delaware. The company traces its roots to the Safe Deposit & Trust Company, founded in 1832, and formally organized as WSFS Financial in the mid-1980s. Over its long history, WSFS has grown through a combination of organic expansion and selective acquisitions to serve a broad base of individual, commercial and institutional clients.

WSFS Bank offers a full suite of banking and financial services, including retail and commercial deposit accounts, commercial and industrial lending, real estate financing, and treasury management solutions.

See Also Five stocks we like better than WSFS Financial The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

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2026-07-21 13:17 26d ago
2026-07-21 09:15 26d ago
Kaplan Fox Encourages Hub Group, Inc. (HUBG) Investors with Significant Losses to Contact the Firm Before August 27, 2026
HUBG Hub Group
FMP Stock News
Original source text
New York, New York--(Newsfile Corp. - July 21, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Hub Group, Inc. ("Hub Group" or the "Company") (NASDAQ: HUBG) on behalf of investors that purchased or otherwise acquired Hub Group securities between April 28, 2023 and May 11, 2026 (the "Class Period").

CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION

If you are an investor in Hub Group and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 28, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On February 5, 2026, Hub Group announced preliminary fourth quarter and full year 2025 results and disclosed the identification of a $77 million accounting error due to "the understatement of purchased transportation costs and accounts payable in the first nine months of 2025." Additionally, the Company said it "plans to restate its financial statements for the first, second and third quarters of 2025," and "is continuing to assess the potential impact to its consolidated financial statements for the years ended December 31, 2024 and 2023."

On this news, the price of Hub Group stock fell $9.37 per share, or 18.25%, to close at $41.96 per share on February 6, 2026.

Then, on May 12, 2026, Hub Group announced that it had "identified certain transactions that were prematurely or incorrectly recognized or not adequately supported," causing its 2023 and 2024 annual reports filed with the SEC to be "materially misstated," such that they "should no longer be relied upon." The Company did not quantify the expected misstatement, although it stated that it "expects to conclude that it did not maintain effective disclosure controls and procedures and internal control over financial reporting for each of the years ended December 31, 2024 and 2023."

On this news, the price of Hub Group stock fell $5.24 per share, about 12.5%, to close at $36.62 per share on May 12, 2026.

The complaint alleges, among other things, that throughout the Class Period, the Company's financial statements contained material misstatements caused by the premature and incorrect recognition of certain transactions and other material misstatements caused by the understatement of purchased transportation costs and accounts payable.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/hub-group-inc/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305889

Source: Kaplan Fox & Kilsheimer LLP

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2026-07-21 13:17 26d ago
2026-07-21 09:00 26d ago
Kemper Names Eric Kappler as President, P&C
KMPR Kemper Corporation
FMP Stock News
Original source text
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) announced that Eric Kappler has joined the company as Executive Vice President and President, P&C, effective July 30. In this role, Kappler will lead Kemper's unified P&C organization, including specialty personal and commercial vehicle lines, and P&C claims operations. He will report to Stephen J. McAnena, Kemper's President and CEO. Kappler succeeds Matthew Hunton, who has left the company. “Eric is an accomplished insuranc.
2026-07-21 13:17 26d ago
2026-07-21 07:33 26d ago
Insulet Corporation Class Action Reminder – Robbins LLP Encourages PODD Investors to Contact the Firm for Information About Their Rights
PODD Insulet Corporation
FMP Stock News
Original source text
SAN DIEGO, July 21, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Insulet Corporation (NASDAQ: PODD) securities between February 21, 2025 and May 26, 2026. Insulet develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the U.S. and internationally.
2026-07-21 13:17 26d ago
2026-07-21 07:00 26d ago
Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2026
VICR Vicor Corporation
FMP Stock News
Original source text
July 21, 2026 07:00 ET  | Source: Vicor Corporation

ANDOVER, Mass., July 21, 2026 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 2026. These results will be discussed at 8:00 a.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below.

Product and royalty revenues for the second quarter ended June 30, 2026 totaled $143.4 million, a 26.9% sequential increase from $113.0 million in the first quarter of 2026, compared to $141.0 million from product revenues, royalty revenues and a patent litigation settlement of $45.0 million for the corresponding period a year ago.

Gross margin increased sequentially to $83.1 million for the second quarter of 2026, compared to $62.4 million for the first quarter of 2026, and decreased from $92.1 million for the corresponding period a year ago. Gross margin, as a percentage of revenue, increased to 58.0% for the second quarter of 2026, compared to 55.2% for the first quarter of 2026. Gross margin decreased from 65.3% for the corresponding period a year ago which included the aforementioned $45.0 million patent litigation settlement. Operating expenses increased sequentially to $48.2 million for the second quarter of 2026, compared to $45.5 million for the first quarter of 2026, and increased from $46.7 million for the corresponding period a year ago.

Net income for the second quarter was $49.8 million, or $1.04 per diluted share, compared to net income of $20.7 million, or $0.44 per diluted share, for the first quarter of 2026 and net income of $41.2 million or $0.91 per diluted share, for the corresponding period a year ago.

Cash flow from operations totaled $34.0 million for the second quarter, compared to cash flow used for operations of $(3.9) million in the first quarter of 2026, which included the impact of a $28.6 million payment of an award for past litigation, and cash flow from operations of $65.2 million for the corresponding period a year ago. Capital expenditures for the second quarter totaled $11.2 million, compared to $12.4 million for the first quarter of 2026 and $6.2 million for the corresponding period a year ago. Cash and cash equivalents as of June 30, 2026 increased 12.2% sequentially to approximately $453.6 million compared to approximately $404.2 million as of March 31, 2026.

Backlog for the second quarter ended June 30, 2026 totaled $380 million, a 26% sequential increase from $301 million at the end of the first quarter of 2026, and increased 145% from $155 million for the corresponding period a year ago.

Commenting on second quarter performance, Chief Executive Officer Dr. Patrizio Vinciarelli stated: “Rising demand across high-performance compute, automatic test equipment, and industrial, aerospace and defense applications is absorbing increased capacity within our first ChiP fab. As we get closer to full capacity utilization, we are taking steps toward a second fab for high current density 2nd Gen VPD ChiPs.

AI OEMs and Hyper-scalers are at a loss dealing with the current density and PDN limitations of 1st Gen. VPD systems. The industry’s fixation with PoL regulators (replacing VRs, operating from 12V or 6V, with IVRs, operating from 1.8V) merely trades off one handicap (low current density) for another (low current gain). Feeding IVRs with a current multiplier is an incremental opportunity for Vicor.

With its 2nd Gen VPD IP, Vicor is uniquely equipped to overcome the power system challenges standing in the way of future advances in TPUs, GPUs and Wafer Scale Engines.”

For more information on Vicor and its products, please visit the Company’s website at www.vicorpower.com.

Earnings Conference Call

Vicor will be holding its investor conference call today, Tuesday, July 21, 2026 at 8:00 a.m. Eastern Time. Vicor encourages investors and analysts who intend to ask questions via the conference call to register with Notified, the service provider hosting the conference call. Those registering on Notified’s website will receive dial-in info and a unique PIN to join the call as well as an email confirmation with the details. Registration may be completed at any time prior to 8:00 a.m. on July 21, 2026. For those parties interested in listen-only mode, the conference call will be webcast via a link that will be posted on the Investor Relations page of Vicor's website prior to the conference call. Please access the website at least 15 minutes prior to the conference call to register and, if necessary, download and install any required software. For those who cannot participate in the live conference call, a webcast replay of the conference call will also be available on the Investor Relations page of Vicor's website.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement in this press release that is not a statement of historical fact is a forward-looking statement, and, the words “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” “assumes,” “may,” “will,” “would,” “should,” “continue,” “prospective,” “project,” and other similar expressions identify forward-looking statements. Forward-looking statements also include statements regarding bookings, shipments, revenue, profitability, targeted markets, increase in manufacturing capacity and utilization thereof, future products and capital resources. These statements are based upon management’s current expectations and estimates as to the prospective events and circumstances that may or may not be within the company’s control and as to which there can be no assurance. Actual results could differ materially from those projected in the forward-looking statements as a result of various factors, including those economic, business, operational and financial considerations set forth in Vicor’s Annual Report on Form 10-K for the year ended December 31, 2025, under Part I, Item I — “Business,” under Part I, Item 1A — “Risk Factors,” under Part I, Item 3 — “Legal Proceedings,” and under Part II, Item 7 — “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” The risk factors set forth in the Annual Report on Form 10-K may not be exhaustive. Therefore, the information contained in the Annual Report on Form 10-K should be read together with other reports and documents filed with the Securities and Exchange Commission from time to time, including Forms 10-Q, 8-K and 10-K, which may supplement, modify, supersede or update those risk factors. Vicor does not undertake any obligation to update any forward-looking statements as a result of future events or developments.

Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power systems based upon a portfolio of patented technologies. Headquartered in Andover, Massachusetts, Vicor sells its products to the power systems market, including enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, and aerospace and defense electronics.

   For further information contact:

James F. Schmidt, Chief Financial Officer
Office: (978) 470-2900
Email: [email protected]

VICOR CORPORATION             CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS   (Thousands except for per share amounts)              QUARTER ENDED SIX MONTHS ENDED (Unaudited) (Unaudited)         JUN 30, JUN 30, JUN 30, JUN 30, 2026
 2025
 2026
 2025
                Product revenue$112,926  $85,693 $210,930  $168,899Royalty revenue 30,426   10,353  45,391   21,115Total net revenues 143,352   96,046  256,321   190,014Patent litigation settlement -   45,000  -   45,000Total net revenues and patent litigation settlement 143,352   141,046  256,321   235,014Cost of product revenues 60,232   48,918  110,835   98,521Gross margin 83,120   92,128  145,486   136,493 Operating expenses:       Selling, general and administrative 27,601   27,952  50,793   53,089Research and development 20,641   18,791  42,931   38,168Total operating expenses 48,242   46,743  93,724   91,257        Income from operations 34,878   45,385  51,762   45,236        Other income (expense), net 4,045   3,657  7,564   6,791        Income before income taxes 38,923   49,042  59,326   52,027        Less: (Benefit) provision for income taxes (10,863)  7,842  (11,136)  8,266        Consolidated net income 49,786   41,200  70,462   43,761        Less: Net income attributable to       noncontrolling interest 14   8  26   30        Net income attributable to       Vicor Corporation$49,772  $41,192 $70,436  $43,731                Net income per share attributable       to Vicor Corporation:       Basic$1.08  $0.92 $1.54  $0.97Diluted$1.04  $0.91 $1.48  $0.97        Shares outstanding:       Basic 45,936   45,007  45,703   45,112Diluted 47,708   45,077  47,481   45,286  VICOR CORPORATION       CONDENSED CONSOLIDATED BALANCE SHEET  (Thousands)        JUN 30, DEC 31,  2026   2025  (Unaudited) (Unaudited)Assets       Current assets:   Cash and cash equivalents$453,582  $402,805 Accounts receivable, net 78,929   60,716 Inventories 104,489   91,340 Other current assets 33,346   32,502 Total current assets 670,346   587,363     Long-term deferred tax assets 38,746   27,463 Long-term investment, net 2,525   2,462 Property, plant and equipment, net 162,536   147,690 Other assets 20,009   20,853     Total assets$894,162  $785,831     Liabilities and Equity       Current liabilities:   Accounts payable$20,415  $12,290 Accrued compensation and benefits 15,321   12,031 Accrued expenses 7,662   3,691 Accrued litigation -   28,275 Sales allowances 4,414   3,136 Short-term lease liabilities 1,767   1,568 Income taxes payable 141   904 Short-term deferred revenue and customer prepayments 875   3,426     Total current liabilities 50,595   65,321     Long-term income taxes payable 3,132   3,086 Long-term lease liabilities 5,841   5,608 Total liabilities 59,568   74,015     Equity:   Vicor Corporation stockholders' equity:   Capital stock 472,396   462,805 Retained earnings 491,795   421,359 Accumulated other comprehensive loss (1,733)  (1,672)Treasury stock (128,139)  (170,935)Total Vicor Corporation stockholders' equity 834,319   711,557 Noncontrolling interest 275   259 Total equity 834,594   711,816     Total liabilities and equity$894,162  $785,831  
2026-07-21 13:17 26d ago
2026-07-21 09:11 26d ago
Vicor (VICR) Surpasses Q2 Earnings and Revenue Estimates
VICR Vicor Corporation
FMP Stock News
Original source text
Vicor (VICR - Free Report) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +67.74%. A quarter ago, it was expected that this modular power components company would post earnings of $0.4 per share when it actually produced earnings of $0.44, delivering a surprise of +10%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Vicor, which belongs to the Zacks Electronics - Miscellaneous Components industry, posted revenues of $143.35 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.35%. This compares to year-ago revenues of $141.05 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Vicor shares have added about 110.8% since the beginning of the year versus the S&P 500's gain of 8.7%.

What's Next for Vicor?While Vicor has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Vicor was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.75 on $153.8 million in revenues for the coming quarter and $2.94 on $594.05 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Miscellaneous Components is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Ouster, Inc. (OUST - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This company is expected to post quarterly loss of $0.31 per share in its upcoming report, which represents a year-over-year change of +18.4%. The consensus EPS estimate for the quarter has been revised 3.8% higher over the last 30 days to the current level.

Ouster, Inc.'s revenues are expected to be $50.77 million, up 44.8% from the year-ago quarter.
2026-07-21 13:16 26d ago
2026-07-21 03:53 26d ago
California Public Employees Retirement System Sells 453,643 Shares of CenterPoint Energy, Inc. $CNP
CNP CenterPoint Energy
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

California Public Employees Retirement System lowered its stake in shares of CenterPoint Energy, Inc. (NYSE:CNP – Free Report) by 27.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,194,133 shares of the utilities provider’s stock after selling 453,643 shares during the period. California Public Employees Retirement System owned approximately 0.18% of CenterPoint Energy worth $51,539,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. increased its position in CenterPoint Energy by 131.9% in the 1st quarter. Assetmark Inc. now owns 6,952 shares of the utilities provider’s stock valued at $300,000 after buying an additional 3,954 shares in the last quarter. Bessemer Group Inc. boosted its holdings in CenterPoint Energy by 38.5% in the first quarter. Bessemer Group Inc. now owns 53,141 shares of the utilities provider’s stock worth $2,293,000 after acquiring an additional 14,762 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in CenterPoint Energy by 27.6% in the first quarter. Wealthfront Advisers LLC now owns 193,710 shares of the utilities provider’s stock worth $8,361,000 after acquiring an additional 41,944 shares in the last quarter. D.A. Davidson & CO. acquired a new stake in CenterPoint Energy in the first quarter valued at approximately $202,000. Finally, Marks Group Wealth Management Inc grew its stake in CenterPoint Energy by 15.8% in the first quarter. Marks Group Wealth Management Inc now owns 59,527 shares of the utilities provider’s stock valued at $2,569,000 after acquiring an additional 8,131 shares during the period. Institutional investors own 91.77% of the company’s stock.

CenterPoint Energy Stock Performance Shares of CNP opened at $43.02 on Tuesday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.04 and a current ratio of 1.16. The stock has a 50 day moving average price of $43.02 and a two-hundred day moving average price of $42.17. The firm has a market capitalization of $28.14 billion, a P/E ratio of 26.39, a P/E/G ratio of 2.56 and a beta of 0.46. CenterPoint Energy, Inc. has a 52 week low of $36.59 and a 52 week high of $45.22.

CenterPoint Energy (NYSE:CNP – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $0.56 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.02). The company had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $1.98 billion. CenterPoint Energy had a return on equity of 10.56% and a net margin of 11.38%.During the same period last year, the company earned $0.53 earnings per share. CenterPoint Energy has set its FY 2026 guidance at 1.890-1.910 EPS. Equities analysts forecast that CenterPoint Energy, Inc. will post 1.91 earnings per share for the current fiscal year.

CenterPoint Energy Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, August 20th. This is an increase from CenterPoint Energy’s previous quarterly dividend of $0.23. CenterPoint Energy’s payout ratio is currently 56.44%.

Analysts Set New Price Targets A number of equities analysts have recently weighed in on CNP shares. BTIG Research started coverage on CenterPoint Energy in a research report on Tuesday, June 30th. They set a “neutral” rating on the stock. BMO Capital Markets lifted their price target on shares of CenterPoint Energy from $47.00 to $48.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Weiss Ratings restated a “buy (b)” rating on shares of CenterPoint Energy in a research note on Monday, June 15th. Bank of America boosted their price target on shares of CenterPoint Energy from $42.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Finally, Wells Fargo & Company restated an “overweight” rating and set a $48.00 price objective on shares of CenterPoint Energy in a report on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $45.31.

Read Our Latest Research Report on CenterPoint Energy

CenterPoint Energy Profile (Free Report)

CenterPoint Energy, Inc (NYSE: CNP) is a Houston-based regulated utility company that provides electric and natural gas delivery services and related infrastructure operations. The company’s principal activities center on the transmission and distribution of electricity in the greater Houston metropolitan area and the distribution of natural gas to customers across several states in the Midwest and South. As a vertically integrated utility, CenterPoint focuses on the reliable delivery of energy through owned and operated networks of lines, pipelines and associated facilities.

CenterPoint’s core businesses include regulated electric transmission and distribution services, regulated natural gas distribution, and the operation and maintenance of energy infrastructure.

See Also Five stocks we like better than CenterPoint Energy The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

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2026-07-21 13:16 26d ago
2026-07-21 04:05 26d ago
Fifth Third Bancorp Has $2.76 Million Stock Position in American Financial Group, Inc. $AFG
AFG American Financial Group
FMP Stock News
Original source text
Fifth Third Bancorp grew its stake in shares of American Financial Group, Inc. (NYSE:AFG – Free Report) by 264.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,579 shares of the insurance provider’s stock after buying an additional 15,663 shares during the quarter. Fifth Third Bancorp’s holdings in American Financial Group were worth $2,756,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AFG. Charles Schwab Investment Management Inc. increased its holdings in American Financial Group by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,567,721 shares of the insurance provider’s stock worth $350,956,000 after purchasing an additional 57,246 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of American Financial Group by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 1,732,557 shares of the insurance provider’s stock worth $236,645,000 after purchasing an additional 29,731 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of American Financial Group by 12.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,266,001 shares of the insurance provider’s stock valued at $173,045,000 after buying an additional 138,483 shares during the period. Northern Trust Corp increased its stake in shares of American Financial Group by 33.2% in the third quarter. Northern Trust Corp now owns 1,026,783 shares of the insurance provider’s stock valued at $149,623,000 after buying an additional 255,693 shares during the period. Finally, Morgan Stanley raised its holdings in American Financial Group by 4.3% in the 4th quarter. Morgan Stanley now owns 894,998 shares of the insurance provider’s stock valued at $122,329,000 after buying an additional 36,971 shares during the last quarter. 64.37% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In A number of analysts recently weighed in on AFG shares. Keefe, Bruyette & Woods increased their price objective on American Financial Group from $140.00 to $148.00 and gave the company a “market perform” rating in a report on Wednesday, July 8th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of American Financial Group in a report on Thursday, June 11th. Wells Fargo & Company increased their price target on American Financial Group from $158.00 to $173.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Finally, Piper Sandler lifted their price objective on American Financial Group from $135.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $150.75.

Read Our Latest Stock Analysis on AFG

American Financial Group Stock Performance NYSE:AFG opened at $142.25 on Tuesday. American Financial Group, Inc. has a twelve month low of $122.11 and a twelve month high of $150.02. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $11.82 billion, a P/E ratio of 13.52 and a beta of 0.62. The company has a fifty day moving average of $136.15 and a 200-day moving average of $132.36.

American Financial Group (NYSE:AFG – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The insurance provider reported $2.47 earnings per share for the quarter, missing the consensus estimate of $2.54 by ($0.07). The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.70 billion. American Financial Group had a net margin of 10.76% and a return on equity of 19.50%. American Financial Group’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.81 EPS. As a group, sell-side analysts anticipate that American Financial Group, Inc. will post 11.37 EPS for the current year.

American Financial Group Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Wednesday, July 15th will be issued a $0.88 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $3.52 annualized dividend and a yield of 2.5%. American Financial Group’s dividend payout ratio is presently 33.46%.

Insider Buying and Selling In other American Financial Group news, insider David Lawrence Thompson, Jr. sold 11,370 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $135.05, for a total transaction of $1,535,518.50. Following the transaction, the insider owned 584,098 shares in the company, valued at approximately $78,882,434.90. This represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Michelle A. Gillis sold 2,247 shares of American Financial Group stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $139.00, for a total transaction of $312,333.00. Following the transaction, the senior vice president owned 13,135 shares of the company’s stock, valued at $1,825,765. This represents a 14.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 16.90% of the stock is owned by corporate insiders.

About American Financial Group (Free Report)

American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.

The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.

Featured Stories Five stocks we like better than American Financial Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding AFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Financial Group, Inc. (NYSE:AFG – Free Report).

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2026-07-21 13:16 26d ago
2026-07-21 04:38 26d ago
Bank of New York Mellon Corp Sells 40,961 Shares of American Financial Group, Inc. $AFG
AFG American Financial Group
FMP Stock News
Original source text
Bank of New York Mellon Corp lessened its position in American Financial Group, Inc. (NYSE:AFG – Free Report) by 5.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 778,073 shares of the insurance provider’s stock after selling 40,961 shares during the quarter. Bank of New York Mellon Corp owned 0.94% of American Financial Group worth $99,368,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its holdings in American Financial Group by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,567,721 shares of the insurance provider’s stock worth $350,956,000 after purchasing an additional 57,246 shares during the period. Geode Capital Management LLC increased its stake in shares of American Financial Group by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 1,732,557 shares of the insurance provider’s stock valued at $236,645,000 after buying an additional 29,731 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of American Financial Group by 12.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,266,001 shares of the insurance provider’s stock valued at $173,045,000 after acquiring an additional 138,483 shares in the last quarter. Northern Trust Corp lifted its stake in American Financial Group by 33.2% in the third quarter. Northern Trust Corp now owns 1,026,783 shares of the insurance provider’s stock worth $149,623,000 after acquiring an additional 255,693 shares during the period. Finally, Morgan Stanley grew its holdings in American Financial Group by 4.3% during the 4th quarter. Morgan Stanley now owns 894,998 shares of the insurance provider’s stock worth $122,329,000 after acquiring an additional 36,971 shares in the last quarter. 64.37% of the stock is currently owned by institutional investors.

Insider Transactions at American Financial Group In related news, SVP Michelle A. Gillis sold 2,247 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $139.00, for a total transaction of $312,333.00. Following the completion of the transaction, the senior vice president directly owned 13,135 shares in the company, valued at $1,825,765. This trade represents a 14.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider David Lawrence Thompson, Jr. sold 11,370 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $135.05, for a total transaction of $1,535,518.50. Following the sale, the insider owned 584,098 shares in the company, valued at $78,882,434.90. This trade represents a 1.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 16.90% of the company’s stock.

Analysts Set New Price Targets A number of equities research analysts recently commented on AFG shares. Weiss Ratings reissued a “buy (b-)” rating on shares of American Financial Group in a research report on Thursday, June 11th. Keefe, Bruyette & Woods upped their price target on American Financial Group from $140.00 to $148.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 8th. Piper Sandler raised their price objective on American Financial Group from $135.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Finally, Wells Fargo & Company upped their target price on American Financial Group from $158.00 to $173.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $150.75.

Get Our Latest Analysis on AFG

American Financial Group Trading Up 0.3% Shares of AFG stock opened at $142.25 on Tuesday. American Financial Group, Inc. has a 1-year low of $122.11 and a 1-year high of $150.02. The company has a market cap of $11.82 billion, a price-to-earnings ratio of 13.52 and a beta of 0.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.48 and a quick ratio of 0.48. The stock has a 50 day simple moving average of $136.15 and a 200-day simple moving average of $132.36.

American Financial Group (NYSE:AFG – Get Free Report) last released its earnings results on Thursday, April 30th. The insurance provider reported $2.47 EPS for the quarter, missing analysts’ consensus estimates of $2.54 by ($0.07). American Financial Group had a return on equity of 19.50% and a net margin of 10.76%.The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same period in the prior year, the firm earned $1.81 EPS. The firm’s revenue for the quarter was down .1% on a year-over-year basis. On average, equities research analysts expect that American Financial Group, Inc. will post 11.37 EPS for the current fiscal year.

American Financial Group Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Wednesday, July 15th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $3.52 annualized dividend and a dividend yield of 2.5%. American Financial Group’s payout ratio is presently 33.46%.

American Financial Group Profile (Free Report)

American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.

The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.

See Also Five stocks we like better than American Financial Group The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding AFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Financial Group, Inc. (NYSE:AFG – Free Report).

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2026-07-21 13:15 26d ago
2026-07-21 03:58 26d ago
IQVIA Holdings Inc. $IQV Shares Bought by Andra AP fonden
IQV IQVIA Holdings
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Andra AP fonden raised its stake in IQVIA Holdings Inc. (NYSE:IQV – Free Report) by 320.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 121,405 shares of the medical research company’s stock after purchasing an additional 92,505 shares during the quarter. Andra AP fonden owned 0.07% of IQVIA worth $20,704,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. J. Safra Sarasin Holding AG lifted its holdings in IQVIA by 174.3% during the 4th quarter. J. Safra Sarasin Holding AG now owns 12,827 shares of the medical research company’s stock worth $2,891,000 after buying an additional 8,151 shares during the last quarter. CWM LLC increased its holdings in shares of IQVIA by 23.9% in the 4th quarter. CWM LLC now owns 55,830 shares of the medical research company’s stock valued at $12,585,000 after acquiring an additional 10,762 shares during the last quarter. Franklin Street Advisors Inc. NC acquired a new stake in shares of IQVIA during the 4th quarter valued at approximately $15,724,000. Calamos Advisors LLC lifted its stake in IQVIA by 268.1% during the fourth quarter. Calamos Advisors LLC now owns 188,707 shares of the medical research company’s stock worth $42,536,000 after purchasing an additional 137,441 shares during the last quarter. Finally, HF Advisory Group LLC increased its stake in IQVIA by 1,791.6% during the fourth quarter. HF Advisory Group LLC now owns 154,618 shares of the medical research company’s stock valued at $34,852,000 after purchasing an additional 146,444 shares during the last quarter. Institutional investors and hedge funds own 89.62% of the company’s stock.

Analyst Ratings Changes A number of research analysts have recently issued reports on IQV shares. Morgan Stanley restated an “equal weight” rating and issued a $200.00 price target (down from $225.00) on shares of IQVIA in a research report on Wednesday, June 17th. HSBC reaffirmed a “buy” rating and set a $240.00 price objective on shares of IQVIA in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft set a $240.00 target price on shares of IQVIA in a report on Thursday, July 9th. Wall Street Zen lowered IQVIA from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Finally, Robert W. Baird increased their price target on IQVIA from $230.00 to $249.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $225.71.

Get Our Latest Research Report on IQVIA

IQVIA Trading Down 0.9% IQVIA stock opened at $204.33 on Tuesday. IQVIA Holdings Inc. has a 52-week low of $154.50 and a 52-week high of $247.04. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 2.20. The firm has a market capitalization of $34.10 billion, a price-to-earnings ratio of 25.32, a PEG ratio of 1.85 and a beta of 1.20. The firm has a 50-day moving average price of $185.66 and a two-hundred day moving average price of $187.72.

IQVIA (NYSE:IQV – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The medical research company reported $2.90 EPS for the quarter, beating the consensus estimate of $2.83 by $0.07. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.10 billion. IQVIA had a net margin of 8.33% and a return on equity of 30.50%. IQVIA’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the business earned $2.70 earnings per share. IQVIA has set its FY 2026 guidance at 12.650-12.950 EPS. Sell-side analysts expect that IQVIA Holdings Inc. will post 11.57 earnings per share for the current year.

IQVIA declared that its board has initiated a stock buyback program on Thursday, May 7th that allows the company to repurchase $2.00 billion in shares. This repurchase authorization allows the medical research company to buy up to 6.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

IQVIA Company Profile (Free Report)

IQVIA (NYSE: IQV) is a global provider of advanced analytics, technology solutions and contract research services to the life sciences industry. The company combines clinical research capabilities with large-scale health data and analytics to support drug development, regulatory reporting, commercial strategy and real‑world evidence generation. IQVIA traces its current form to the combination of Quintiles and IMS Health announced in 2016 and subsequently rebranded as IQVIA, bringing together long-established clinical research operations and extensive healthcare information assets.

IQVIA’s principal activities include outsourced clinical development services (acting as a contract research organization for phases I–IV), real‑world evidence and observational research, regulatory and safety services, and a suite of technology platforms that enable data integration, analytics and operational management.

Read More Five stocks we like better than IQVIA The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding IQV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for IQVIA Holdings Inc. (NYSE:IQV – Free Report).

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Bessemer Group Inc. Grows Stake in Teleflex Incorporated $TFX
TFX Teleflexorporated
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bessemer Group Inc. boosted its stake in Teleflex Incorporated (NYSE:TFX – Free Report) by 30.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,798 shares of the medical technology company’s stock after buying an additional 11,180 shares during the quarter. Bessemer Group Inc. owned approximately 0.11% of Teleflex worth $5,718,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of TFX. Banque Cantonale Vaudoise raised its holdings in shares of Teleflex by 82.5% during the fourth quarter. Banque Cantonale Vaudoise now owns 250 shares of the medical technology company’s stock valued at $31,000 after acquiring an additional 113 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Teleflex in the fourth quarter worth approximately $37,000. UMB Bank n.a. increased its position in shares of Teleflex by 57.1% during the fourth quarter. UMB Bank n.a. now owns 311 shares of the medical technology company’s stock worth $38,000 after purchasing an additional 113 shares in the last quarter. Sound Income Strategies LLC purchased a new stake in shares of Teleflex during the fourth quarter worth approximately $45,000. Finally, Kestra Advisory Services LLC acquired a new position in Teleflex in the 4th quarter valued at $45,000. 95.62% of the stock is currently owned by institutional investors and hedge funds.

Teleflex Stock Performance NYSE TFX opened at $134.33 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.03 and a current ratio of 2.55. The stock’s fifty day moving average is $130.57 and its two-hundred day moving average is $120.56. The firm has a market capitalization of $5.95 billion, a P/E ratio of -5.89, a price-to-earnings-growth ratio of 1.00 and a beta of 0.82. Teleflex Incorporated has a fifty-two week low of $100.18 and a fifty-two week high of $139.67.

Teleflex (NYSE:TFX – Get Free Report) last issued its earnings results on Thursday, May 7th. The medical technology company reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.18. Teleflex had a positive return on equity of 13.29% and a negative net margin of 35.88%.The business had revenue of $548.30 million during the quarter, compared to the consensus estimate of $536.91 million. During the same period last year, the company earned $1.44 EPS. The company’s revenue for the quarter was up 32.3% on a year-over-year basis. Teleflex has set its FY 2026 guidance at 6.250-6.550 EPS. On average, research analysts anticipate that Teleflex Incorporated will post 6.7 earnings per share for the current year.

Teleflex Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, May 25th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, May 22nd. Teleflex’s dividend payout ratio (DPR) is presently -5.96%.

Analyst Upgrades and Downgrades Several equities research analysts have issued reports on TFX shares. Zacks Research raised shares of Teleflex from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Wall Street Zen upgraded shares of Teleflex from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Bank of America raised shares of Teleflex from an “underperform” rating to a “neutral” rating and set a $135.00 price target on the stock in a research note on Monday, April 13th. Truist Financial restated a “hold” rating and set a $143.00 price target (up from $135.00) on shares of Teleflex in a research report on Monday, May 11th. Finally, Royal Bank Of Canada raised shares of Teleflex from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $135.00 to $155.00 in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Teleflex presently has a consensus rating of “Hold” and an average price target of $148.00.

Check Out Our Latest Report on Teleflex

Teleflex Company Profile (Free Report)

Teleflex Incorporated is a diversified global provider of medical technologies, specializing in critical care and surgery. Headquartered in Wayne, Pennsylvania, the company designs, manufactures and distributes devices and solutions used by healthcare professionals in hospital, ambulatory and alternate site settings. Teleflex focuses on delivering products that support complex interventional procedures and improve patient outcomes.

The company’s offerings span several key segments, including Interventional Urology, Respiratory & Anesthesia, Surgical, Cardiac Care, Vascular and Original Equipment Manufacturer (OEM) solutions.

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2026-07-21 13:14 26d ago
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Teleflex Awarded National Central Venous Access Agreement with Premier, Inc.
TFX Teleflexorporated
FMP Stock News
Original source text
WAYNE, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE: TFX) has been awarded a national group purchasing agreement for central venous access products with Premier, Inc. Effective July 1, 2026, the new agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for select Teleflex products, including short-term central venous catheters, arterial catheter products, and intraosseous vascular access solutions. “As healthcare sys.
2026-07-21 13:14 26d ago
2026-07-21 03:54 26d ago
California Public Employees Retirement System Increases Position in NRG Energy, Inc. $NRG
NRG NRG Energy
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

California Public Employees Retirement System grew its position in shares of NRG Energy, Inc. (NYSE:NRG – Free Report) by 3.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 335,539 shares of the utilities provider’s stock after purchasing an additional 11,405 shares during the period. California Public Employees Retirement System owned about 0.16% of NRG Energy worth $49,036,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MV Capital Management Inc. purchased a new stake in NRG Energy during the fourth quarter valued at about $27,000. Motiv8 Investments LLC purchased a new position in shares of NRG Energy in the fourth quarter worth about $27,000. Core Wealth Advisors LLC bought a new stake in shares of NRG Energy in the 4th quarter valued at about $28,000. EMC Capital Management purchased a new stake in NRG Energy during the 4th quarter valued at about $30,000. Finally, SHP Wealth Management bought a new position in NRG Energy during the 4th quarter worth approximately $32,000. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In A number of equities analysts have commented on the company. Morgan Stanley set a $165.00 price target on NRG Energy in a research note on Wednesday, June 24th. Wells Fargo & Company raised their target price on shares of NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a report on Thursday. Raymond James Financial set a $210.00 target price on shares of NRG Energy in a research note on Monday, April 27th. Siebert Williams Shank started coverage on shares of NRG Energy in a report on Monday, July 6th. They set a “buy” rating and a $184.00 price target for the company. Finally, Barclays cut their price target on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $199.93.

View Our Latest Report on NRG Energy

NRG Energy Trading Up 1.3% NYSE NRG opened at $130.74 on Tuesday. The stock has a market cap of $27.58 billion, a P/E ratio of 153.81 and a beta of 1.21. NRG Energy, Inc. has a fifty-two week low of $120.11 and a fifty-two week high of $189.96. The stock has a 50 day simple moving average of $135.18 and a two-hundred day simple moving average of $149.37. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84.

NRG Energy (NYSE:NRG – Get Free Report) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same period last year, the firm posted $2.68 earnings per share. NRG Energy’s quarterly revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts forecast that NRG Energy, Inc. will post 8.89 earnings per share for the current year.

Insider Transactions at NRG Energy In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the transaction, the vice president directly owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. The trade was a 30.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

NRG Energy Company Profile (Free Report)

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.

Featured Articles Five stocks we like better than NRG Energy The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding NRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NRG Energy, Inc. (NYSE:NRG – Free Report).

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2026-07-21 13:14 26d ago
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PICS UPCOMING DEADLINE: Faruqi & Faruqi, LLP Reminds PicS N.V. (PICS) Investors of Securities Class Action Lawsuit Deadline on August 4, 2026
NYT New York Times Company
FMP Stock News
Original source text
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In PicS To Contact Him Directly To Discuss Their Options

If you purchased or acquired PicS Class A Common stock in and/or traceable to PicS' January 30, 2026 initial public offering ("IPO") and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - July 21, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against PicS N.V. ("PicS" or the "Company") (NASDAQ: PICS) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) PicS N.V. had conducted an evaluation of its credit evaluation procedures in December 2025 and determined that such procedures were deficient and in need of enhancement; (2) as a result of the new procedures PicS N.V. had implemented in December 2025, PicS N.V. had reclassified approximately R$590 million of exposures previously classified as Stage 2 to Stage 3, leading to an incremental ECL charge of R$88 million in the three months ended December 31, 2025; (3) PicS N.V. had experienced a heightened, but unreported, Stage 3 formation rate of more than 7% in the fourth quarter of 2025 that deviated substantially from the historical results and trends provided in the offering documents; (4) the IPO's offering documents had materially overstated the quality and ability of PicS N.V.'s credit models and user data to inform PicS N.V.'s underwriting practices and to allow PicS N.V. to timely and effectively monitor, assess, and identify adverse credit events, credit risks, and credit deterioration across its portfolio; and (5) PicS N.V. suffered from degradations in customer credit quality and heightened risks of default and loan impairment as a result of its entrance into materially riskier business lines leading up to the IPO, resulting in undisclosed adverse financial and operational trends such as heightened incidents of default, which predated the IPO and were internally projected by PicS N.V. to continue to worsen following the IPO, materially impairing PicS N.V.'s business, operations, and financial results.

On or around January 29, 2026, PicPay conducted its initial public offering ("IPO"), selling 22.86 million Class A common shares priced at $19.00 per share.

Then, on March 18, 2026, PicPay released its fourth quarter 2025 financial results and revealed that, as part of the Company's "annual review of expected credit loss parameters," it had made several "enhancements" to its Expected Credit Loss ("ECL") calculations, and "implemented a stricter policy to accelerate the classification of renegotiated non-performing exposures from Stage 2 to Stage 3." Consequently, "R$590 million of Stage 2 portfolio balances were reclassified to Stage 3, resulting in an ECL increase of R$88 [$17.56 million USD]." Stage 3 is the Company's highest risk category for its credit portfolio.

On this news, PicPay's stock price fell $3.56 per share, or 22.5%, to close at $12.27 per share on March 19, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding PicS' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the PicS N.V. class action, go to www.faruqilaw.com/PICS or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the PicS N.V. Securities Class Action Lawsuit:

What is the PicS N.V. securities fraud lawsuit about?

The PicS N.V. securities fraud lawsuit is a federal securities class action alleging that PicS N.V. (NASDAQ: PICS) and its executives made false and misleading statements to investors in connection with the Company's January 30, 2026 IPO by concealing that the Company had already identified deficiencies in its credit evaluation procedures in December 2025, had reclassified approximately R$590 million of exposures from Stage 2 to Stage 3 (its highest credit risk category) resulting in an incremental expected credit loss charge of R$88 million, and was experiencing a Stage 3 formation rate exceeding 7% in Q4 2025 - a significant deviation from the historical trends presented in the IPO's offering documents. As the truth emerged on March 18, 2026, when PicS disclosed these credit portfolio deteriorations as part of its Q4 2025 financial results, PICS shares fell $3.56 per share, or 22.5%, to close at $12.27 - well below the $19.00 IPO price - causing significant losses for investors.

Who may be eligible to participate in the PicS N.V. class action lawsuit?

Investors who purchased PicS N.V. (PICS) Class A common stock in and/or traceable to the Company's January 30, 2026 initial public offering and suffered financial losses may be eligible to participate in the PicS securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former PicS employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the PicS N.V. lawsuit?

A lead plaintiff in the PicS N.V. class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any PicS investor who purchased PICS Class A common stock in or traceable to the IPO may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is August 4, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased PicS N.V. stock in the IPO?

Investors who purchased PicS N.V. (PICS) Class A common stock in and/or traceable to the January 30, 2026 IPO and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the PicS N.V. securities class action is August 4, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/PICS for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305849

Source: Faruqi & Faruqi LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-07-21 13:14 26d ago
2026-07-21 04:09 26d ago
Bank of New York Mellon Corp Has $105.15 Million Stake in OGE Energy Corporation $OGE
OGE OGE Energy Corporation
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bank of New York Mellon Corp lowered its stake in OGE Energy Corporation (NYSE:OGE – Free Report) by 13.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,192,431 shares of the utilities provider’s stock after selling 330,933 shares during the quarter. Bank of New York Mellon Corp owned 1.06% of OGE Energy worth $105,149,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC raised its holdings in shares of OGE Energy by 111.3% during the first quarter. Root Financial Partners LLC now owns 598 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 315 shares during the period. Quest 10 Wealth Builders Inc. increased its position in OGE Energy by 618.3% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock valued at $33,000 after buying an additional 674 shares in the last quarter. State of Wyoming acquired a new position in OGE Energy during the 2nd quarter worth approximately $34,000. Capital Advisors Ltd. LLC raised its stake in OGE Energy by 14,780.0% during the 1st quarter. Capital Advisors Ltd. LLC now owns 744 shares of the utilities provider’s stock worth $36,000 after buying an additional 739 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in OGE Energy by 49.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock worth $36,000 after acquiring an additional 255 shares in the last quarter. Institutional investors and hedge funds own 71.84% of the company’s stock.

OGE Energy Stock Performance Shares of OGE opened at $48.61 on Tuesday. The stock has a 50 day moving average of $48.02 and a 200 day moving average of $46.94. The company has a market capitalization of $10.03 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 3.60 and a beta of 0.53. OGE Energy Corporation has a 12 month low of $41.69 and a 12 month high of $50.26. The company has a current ratio of 0.66, a quick ratio of 0.40 and a debt-to-equity ratio of 1.09.

OGE Energy (NYSE:OGE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The business had revenue of $752.60 million for the quarter, compared to analysts’ expectations of $616.02 million. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.The business’s revenue was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 earnings per share. As a group, sell-side analysts forecast that OGE Energy Corporation will post 2.43 earnings per share for the current year.

OGE Energy Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a dividend of $0.425 per share. The ex-dividend date is Monday, July 6th. This represents a $1.70 annualized dividend and a yield of 3.5%. OGE Energy’s dividend payout ratio is presently 75.89%.

Insider Transactions at OGE Energy In related news, insider William H. Sultemeier sold 7,345 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $47.97, for a total transaction of $352,339.65. Following the completion of the sale, the insider owned 74,497 shares in the company, valued at approximately $3,573,621.09. This trade represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades A number of equities research analysts have commented on OGE shares. Wall Street Zen cut OGE Energy from a “hold” rating to a “sell” rating in a research note on Sunday, June 21st. Morgan Stanley began coverage on OGE Energy in a report on Wednesday, June 24th. They issued an “equal weight” rating and a $50.00 target price on the stock. LADENBURG THALM/SH SH lifted their price target on shares of OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Barclays boosted their price target on shares of OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Finally, Wells Fargo & Company upped their price objective on shares of OGE Energy from $47.00 to $48.00 and gave the stock an “equal weight” rating in a report on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $49.30.

Read Our Latest Report on OGE

OGE Energy Profile (Free Report)

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.

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2026-07-21 13:13 26d ago
2026-07-21 03:54 26d ago
California Public Employees Retirement System Grows Stock Holdings in United Therapeutics Corporation $UTHR
UTHR United Therapeutics
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

California Public Employees Retirement System increased its position in shares of United Therapeutics Corporation (NASDAQ:UTHR – Free Report) by 5.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,289 shares of the biotechnology company’s stock after acquiring an additional 4,933 shares during the quarter. California Public Employees Retirement System owned about 0.21% of United Therapeutics worth $52,354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of UTHR. Avoro Capital Advisors LLC raised its position in shares of United Therapeutics by 17.3% in the 4th quarter. Avoro Capital Advisors LLC now owns 2,606,060 shares of the biotechnology company’s stock valued at $1,269,803,000 after purchasing an additional 383,838 shares during the last quarter. Wellington Management Group LLP grew its position in United Therapeutics by 74.5% during the 4th quarter. Wellington Management Group LLP now owns 2,441,492 shares of the biotechnology company’s stock worth $1,189,617,000 after purchasing an additional 1,042,711 shares during the last quarter. AQR Capital Management LLC grew its position in United Therapeutics by 29.9% during the 4th quarter. AQR Capital Management LLC now owns 1,281,699 shares of the biotechnology company’s stock worth $624,508,000 after purchasing an additional 295,221 shares during the last quarter. Janus Henderson Group PLC increased its stake in United Therapeutics by 75.1% during the 4th quarter. Janus Henderson Group PLC now owns 796,101 shares of the biotechnology company’s stock valued at $387,801,000 after purchasing an additional 341,383 shares in the last quarter. Finally, Norges Bank acquired a new position in United Therapeutics during the 4th quarter valued at approximately $293,418,000. Hedge funds and other institutional investors own 94.08% of the company’s stock.

Analysts Set New Price Targets UTHR has been the subject of a number of research analyst reports. HC Wainwright raised their target price on United Therapeutics from $600.00 to $660.00 and gave the stock a “buy” rating in a research note on Tuesday, March 31st. Bank of America dropped their price target on United Therapeutics from $620.00 to $613.00 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Raymond James Financial initiated coverage on United Therapeutics in a report on Friday, April 10th. They issued an “outperform” rating and a $700.00 price objective on the stock. Wells Fargo & Company upgraded United Therapeutics from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $575.00 to $735.00 in a research note on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of United Therapeutics in a report on Thursday, June 11th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, United Therapeutics presently has a consensus rating of “Moderate Buy” and a consensus target price of $644.82.

Read Our Latest Report on UTHR

Insiders Place Their Bets In related news, CFO James Edgemond sold 10,000 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $576.93, for a total transaction of $5,769,300.00. Following the completion of the sale, the chief financial officer owned 18,876 shares of the company’s stock, valued at approximately $10,890,130.68. This represents a 34.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 545,243 shares of company stock worth $305,155,272 in the last quarter. Insiders own 8.60% of the company’s stock.

United Therapeutics Price Performance United Therapeutics stock opened at $529.34 on Tuesday. The stock has a market capitalization of $22.47 billion, a PE ratio of 19.54, a price-to-earnings-growth ratio of 1.79 and a beta of 0.58. The business has a 50 day simple moving average of $551.57 and a 200-day simple moving average of $530.56. United Therapeutics Corporation has a 12 month low of $272.12 and a 12 month high of $609.35.

United Therapeutics (NASDAQ:UTHR – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The biotechnology company reported $5.82 earnings per share for the quarter, missing analysts’ consensus estimates of $7.00 by ($1.18). The company had revenue of $781.50 million during the quarter, compared to analysts’ expectations of $797.40 million. United Therapeutics had a net margin of 40.62% and a return on equity of 19.24%. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the business posted $6.63 earnings per share. On average, equities research analysts anticipate that United Therapeutics Corporation will post 26.63 EPS for the current fiscal year.

About United Therapeutics (Free Report)

United Therapeutics Corporation (NASDAQ: UTHR) is a biotechnology company dedicated to the development and commercialization of unique products to address life-threatening illnesses. The company’s primary focus has been on pulmonary arterial hypertension (PAH), where it has launched several therapies designed to improve functional capacity and quality of life for patients. Its marketed products include continuous infusion treprostinil (Remodulin), inhaled treprostinil (Tyvaso), oral treprostinil (Orenitram) and tadalafil (Adcirca), each tailored to different modes of administration and patient needs.

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2026-07-21 13:13 26d ago
2026-07-21 03:55 26d ago
California Public Employees Retirement System Sells 27,814 Shares of Constellation Brands Inc $STZ
STZ Constellation Brands
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

California Public Employees Retirement System decreased its stake in Constellation Brands Inc (NYSE:STZ – Free Report) by 7.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 323,015 shares of the company’s stock after selling 27,814 shares during the quarter. California Public Employees Retirement System owned about 0.19% of Constellation Brands worth $48,452,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Choreo LLC increased its position in Constellation Brands by 2.1% during the fourth quarter. Choreo LLC now owns 3,116 shares of the company’s stock valued at $437,000 after acquiring an additional 63 shares during the last quarter. HM Payson & Co. raised its stake in shares of Constellation Brands by 10.0% in the fourth quarter. HM Payson & Co. now owns 701 shares of the company’s stock valued at $97,000 after acquiring an additional 64 shares during the period. Clearstead Trust LLC lifted its holdings in shares of Constellation Brands by 14.2% in the 4th quarter. Clearstead Trust LLC now owns 548 shares of the company’s stock worth $76,000 after acquiring an additional 68 shares during the last quarter. Johnson Financial Group Inc. lifted its holdings in shares of Constellation Brands by 24.9% in the 4th quarter. Johnson Financial Group Inc. now owns 346 shares of the company’s stock worth $48,000 after acquiring an additional 69 shares during the last quarter. Finally, HB Wealth Management LLC boosted its stake in shares of Constellation Brands by 0.7% during the 1st quarter. HB Wealth Management LLC now owns 10,795 shares of the company’s stock worth $1,619,000 after purchasing an additional 72 shares during the period. Institutional investors own 77.34% of the company’s stock.

Insiders Place Their Bets In related news, EVP James O. Bourdeau sold 4,407 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $143.24, for a total transaction of $631,258.68. Following the transaction, the executive vice president directly owned 9,109 shares of the company’s stock, valued at $1,304,773.16. This represents a 32.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 12.20% of the stock is currently owned by company insiders.

Constellation Brands Trading Up 1.2% STZ opened at $134.41 on Tuesday. The company has a current ratio of 0.91, a quick ratio of 0.48 and a debt-to-equity ratio of 1.06. The firm has a market cap of $22.95 billion, a price-to-earnings ratio of 12.83, a PEG ratio of 4.14 and a beta of 0.39. Constellation Brands Inc has a 12 month low of $126.45 and a 12 month high of $178.13. The stock has a fifty day moving average price of $140.34 and a 200-day moving average price of $149.53.

Constellation Brands (NYSE:STZ – Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $3.43 EPS for the quarter, missing the consensus estimate of $3.70 by ($0.27). The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.39 billion. Constellation Brands had a return on equity of 25.58% and a net margin of 18.87%.The company’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm earned $3.22 EPS. Constellation Brands has set its FY 2027 guidance at 11.200-11.900 EPS. As a group, equities research analysts anticipate that Constellation Brands Inc will post 11.82 earnings per share for the current fiscal year.

Constellation Brands Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Thursday, July 30th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 3.1%. The ex-dividend date is Thursday, July 30th. Constellation Brands’s payout ratio is 39.31%.

Wall Street Analysts Forecast Growth STZ has been the topic of a number of analyst reports. JPMorgan Chase & Co. cut their target price on Constellation Brands from $169.00 to $165.00 and set a “neutral” rating on the stock in a research note on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft decreased their price target on Constellation Brands from $155.00 to $150.00 and set a “hold” rating for the company in a research note on Thursday, July 2nd. Roth Capital restated a “buy” rating and set a $209.00 price objective on shares of Constellation Brands in a report on Thursday, July 2nd. UBS Group cut their price objective on Constellation Brands from $186.00 to $175.00 and set a “buy” rating on the stock in a research report on Wednesday, June 17th. Finally, Bank of America reduced their target price on Constellation Brands from $152.00 to $145.00 and set an “underperform” rating on the stock in a research note on Thursday, July 2nd. Eleven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Constellation Brands presently has an average rating of “Hold” and an average price target of $167.89.

Get Our Latest Analysis on STZ

Constellation Brands Company Profile (Free Report)

Constellation Brands, Inc is a leading producer and marketer of beer, wine and spirits, with operations spanning production, importation, marketing and distribution. The company’s beverage portfolio includes a range of premium and mainstream wines and spirits alongside major imported beer brands; in the U.S. market Constellation is widely known for its role in bringing Mexican imports such as Corona and Modelo to American consumers. Constellation supplies retail, on‑premise and foodservice channels and supports its brands with national sales and marketing platforms and supply‑chain capabilities.

The company traces its roots to the Canandaigua Wine Company, founded by Marvin Sands in 1945, and evolved through organic growth and acquisition into a diversified beverage company.

Read More Five stocks we like better than Constellation Brands The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding STZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Constellation Brands Inc (NYSE:STZ – Free Report).

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2026-07-21 13:12 26d ago
2026-07-21 07:30 26d ago
Gold Price Forecast: Goldman Sachs Says Central Bank Buying Provides Price Floor
GOLD Zlato
FMP Forex News
Original source text
Gold prices remain under pressure from elevated US bond yields, but Goldman Sachs believes robust central bank demand should prevent any sustained sell-off, providing a solid floor for the precious metal despite near-term headwinds.

The Gold price in US Dollars (XAU/USD) traded around $4,300 on Tuesday after retreating from recent highs, as stronger US economic data and higher Treasury yields weighed on investor demand.

Despite the recent pullback, Goldman Sachs remains constructive on the longer-term outlook, arguing that official sector buying continues to underpin the market.

Image: Gold price in US Dollars - 7 day chart Goldman Sachs notes that central banks purchased another 31 tonnes of gold in May, well above the long-run monthly average and consistent with the steady accumulation seen over the past three years.

"Strong central bank buying in May provides a price floor."

The bank believes official-sector demand has fundamentally changed the gold market by reducing the likelihood of deep and prolonged corrections.

"We continue to expect structurally strong central bank demand."

Goldman Sachs acknowledges that higher real interest rates could continue to generate temporary selling pressure, particularly through exchange-traded funds and speculative positioning.

"Rates pressure is likely to be temporary."

The bank argues that while higher yields have historically weighed on gold, central bank buying is now providing an increasingly important offset.

"Official sector purchases should cushion downside risks."

Image: XAU/USD 1 year chart Near-Term Gold Price Forecast: Goldman Sachs Still Sees Longer-Term Upside Goldman Sachs expects near-term volatility to persist while markets assess the outlook for US interest rates.

However, the bank believes any weakness driven by higher yields should prove temporary because central bank demand remains exceptionally strong.

"We expect continued robust official-sector buying to underpin prices."

For gold investors, Goldman Sachs argues that the current environment differs markedly from previous periods of rising yields, with central bank diversification creating a durable source of demand that should continue to support gold over the medium term.
2026-07-21 13:12 26d ago
2026-07-21 08:56 26d ago
Wall Street is selling more rental homes, as buying ban takes effect
AMH American Homes 4 Rent
FMP Stock News
Original source text
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.

Newly enacted housing legislation that bans institutional investors from purchasing single-family rental homes has those same investors putting up more for sale signs.

The number of homes owned by institutional investors listed for sale is, as of this month, more than double what it was at the start of February, according to an analysis provided exclusively to Property Play by Parcl Labs, a real estate data provider.

Listings have gone from 4,166 on Feb. 1, when Parcl launched its full research, to now 9,447 homes representing $3.1 billion in total asking price.

"The rate of for-sale change is something to keep an eye on," said Jason Lewris, co-founder at Parcl Labs. "These numbers won't materialize into actual dispositions for months given how long the sales cycle can be, but it's the fastest read into institutional behavior."

The legislation defined institutional investors as those owning 350 or more homes. That was a surprise to the industry, which traditionally set that bar at 1,000 homes. It does not force them to sell the homes they currently own, but they are barred from buying any more homes unless they fall under certain exceptions, including build-to-rent.

The charge by lawmakers was that these investors, most of whom were able to buy the homes with all cash, were inflating prices and sidelining regular owner-occupant buyers. The call for a ban was bipartisan.

Large scale investors first entered the market during the financial crisis in 2008, when foreclosures were rampant and bulk auctions were popping up in the hardest hit markets, like Atlanta, Las Vegas, and Phoenix. Private equity firms purchased thousands of homes in a short period, converting them to rentals and creating a new single-family rental asset class.

The cohort of investors with 350 or more homes that therefore fall under the new legislation now own roughly 589,000 homes, or 3.9% of the 14 million single family rental homes in the U.S., according to Parcl. They account for roughly 40% of the net selling year-to-date.

The largest landlords — Progress Residential, Invitation Homes, AMH, Tricon, FirstKey, Amherst and VineBrook — are all net sellers year-to-date, with 3,180 more homes sold than bought since Jan. 1. To put that in perspective, they still own about 400,000 homes, so it's not exactly a liquidation sale, with one exception. VineBrook currently has nearly 10% of its portfolio on the market, roughly 1,900 homes with a total asking price of $285 million.

Invitation homes and AMH, the two publicly traded, single-family rental REITs, have 549 and 536 homes for sale, respectively. The largest landlord, Progress Residential, has the least of the larger players, just 143 for sale.

"There is broad recognition now both by the White House and lawmakers, in an overwhelming majority, that private capital has a very big role to play for a component of the American population that wants to rent a home," said Stephen Scherr, co-president of Pretium, in an interview last week on CNBC's "Squawk on the Street." Pretium is the parent company of Progress Residential. 

Progress is now focusing on the areas that the new legislation allows and which the industry fought hard for during the legislative process.

"We can buy build-to-rent, which is a predominant component of new housing. We can buy under various other exceptions including rent-to-renovate, where we improve the housing stock or we buy under a homeownership boost, where we give people an opportunity to transition where they want from renters to owners," Sherr said.

The build-to-rent play has been gaining significant steam over the past few years as demand for single-family rental housing grows.

AMH started early, in 2017, building its own homes. It has so far developed more than 14,000 homes for rent in 180 communities, according to the company. Invitation Homes purchased an Atlanta-based homebuilder, ResiBuilt, at the beginning of this year. 

"The financing case has materially changed with the forced disposition mandate removed. Lenders can underwrite [build-to-rent] again, and we're starting to see this happen," Chris Nebenzahl, vice president of rental research at John Burns Research and Consulting, wrote in a report. 

The investors who are selling are offering discounts on the properties. Nationally, 38.7% of all listings for sale today have had price cuts compared with 54% within the institutional, single-family rental cohort, according to Parcl Labs. Since early May, markdowns have deepened from about 3.1% to 4% of asking value. Meanwhile, 54% of the investor listings for those in the more than 350 homes category carry a price cut.

"From what we can tell, given where U.S. home prices are, some of this is attributed to shifts in strategy — collect high dollar values off of top U.S. home values by culling underperforming assets and redirect that capital towards growth areas, i.e. build-to-rent, for example," Lewris said in a statement, adding that the next six to eight weeks will be telling.

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2026-07-21 13:12 26d ago
2026-07-21 03:53 26d ago
Bessemer Group Inc. Buys 35,173 Shares of Mohawk Industries, Inc. $MHK
MHK Mohawk Industries
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bessemer Group Inc. raised its position in shares of Mohawk Industries, Inc. (NYSE:MHK – Free Report) by 720.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 40,053 shares of the company’s stock after purchasing an additional 35,173 shares during the quarter. Bessemer Group Inc. owned approximately 0.07% of Mohawk Industries worth $3,943,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bayforest Capital Ltd bought a new stake in shares of Mohawk Industries in the 4th quarter valued at $27,000. Global Retirement Partners LLC raised its stake in Mohawk Industries by 950.0% during the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after buying an additional 228 shares during the last quarter. Transamerica Financial Advisors LLC raised its stake in Mohawk Industries by 216.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after buying an additional 188 shares during the last quarter. SJS Investment Consulting Inc. lifted its holdings in Mohawk Industries by 105.7% in the first quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock valued at $32,000 after buying an additional 166 shares during the period. Finally, Salomon & Ludwin LLC bought a new stake in Mohawk Industries during the fourth quarter valued at $43,000. Institutional investors own 78.98% of the company’s stock.

Insider Transactions at Mohawk Industries In related news, insider Suzanne L. Helen sold 16,600 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $112.97, for a total value of $1,875,302.00. Following the completion of the sale, the insider directly owned 14,132 shares of the company’s stock, valued at $1,596,492.04. The trade was a 54.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Jeffrey S. Lorberbaum sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $112.08, for a total value of $504,360.00. Following the transaction, the chief executive officer directly owned 20,000 shares in the company, valued at approximately $2,241,600. This trade represents a 18.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 40,186 shares of company stock valued at $4,460,321 over the last ninety days. 17.90% of the stock is currently owned by corporate insiders.

Mohawk Industries Stock Down 2.9% Shares of NYSE MHK opened at $108.24 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. The firm has a market cap of $6.60 billion, a PE ratio of 16.23, a P/E/G ratio of 2.75 and a beta of 1.18. The company’s fifty day simple moving average is $108.44 and its 200 day simple moving average is $111.25. Mohawk Industries, Inc. has a 12-month low of $92.99 and a 12-month high of $143.13.

Mohawk Industries (NYSE:MHK – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.10. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the firm posted $1.52 earnings per share. The business’s revenue was up 8.0% compared to the same quarter last year. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. As a group, sell-side analysts forecast that Mohawk Industries, Inc. will post 8.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth A number of analysts have weighed in on the company. Weiss Ratings downgraded Mohawk Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 21st. JPMorgan Chase & Co. dropped their price objective on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Bank of America restated a “neutral” rating and set a $122.00 target price (down from $149.00) on shares of Mohawk Industries in a research report on Monday, April 20th. Wells Fargo & Company decreased their target price on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Finally, Evercore set a $110.00 target price on Mohawk Industries in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $124.42.

Get Our Latest Report on Mohawk Industries

About Mohawk Industries (Free Report)

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.

Featured Articles Five stocks we like better than Mohawk Industries The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding MHK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mohawk Industries, Inc. (NYSE:MHK – Free Report).

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2026-07-21 13:10 26d ago
2026-07-21 04:19 26d ago
First Hawaiian, Inc. $FHB Stock Holdings Increased by Bessemer Group Inc.
FHB First Hawaiian
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bessemer Group Inc. grew its holdings in shares of First Hawaiian, Inc. (NASDAQ:FHB – Free Report) by 41.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 230,841 shares of the bank’s stock after acquiring an additional 67,083 shares during the quarter. Bessemer Group Inc. owned about 0.19% of First Hawaiian worth $5,688,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of FHB. Oak Thistle LLC bought a new stake in First Hawaiian in the fourth quarter worth about $1,243,000. SG Americas Securities LLC boosted its position in shares of First Hawaiian by 409.2% during the 4th quarter. SG Americas Securities LLC now owns 89,506 shares of the bank’s stock valued at $2,265,000 after purchasing an additional 71,927 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of First Hawaiian by 2.5% in the 4th quarter. Vanguard Group Inc. now owns 14,457,575 shares of the bank’s stock worth $365,777,000 after purchasing an additional 358,632 shares during the last quarter. Ruffer LLP acquired a new position in shares of First Hawaiian in the 4th quarter worth approximately $3,028,000. Finally, UBS Group AG raised its holdings in shares of First Hawaiian by 176.0% in the 4th quarter. UBS Group AG now owns 1,128,002 shares of the bank’s stock worth $28,538,000 after purchasing an additional 719,312 shares in the last quarter. Institutional investors own 97.63% of the company’s stock.

Analysts Set New Price Targets Several analysts recently commented on the stock. Wall Street Zen lowered shares of First Hawaiian from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Wells Fargo & Company lifted their price target on shares of First Hawaiian from $26.00 to $28.00 and gave the stock an “underweight” rating in a research report on Monday, July 6th. TD Cowen upped their price target on First Hawaiian from $28.00 to $29.00 and gave the company a “hold” rating in a report on Tuesday, April 28th. Benchmark reiterated a “hold” rating on shares of First Hawaiian in a research report on Tuesday, July 14th. Finally, The Goldman Sachs Group raised their price objective on First Hawaiian from $27.00 to $30.00 and gave the stock a “sell” rating in a research note on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $29.25.

Get Our Latest Research Report on FHB

First Hawaiian Price Performance Shares of FHB opened at $28.86 on Tuesday. The company has a 50-day moving average of $28.19 and a two-hundred day moving average of $26.77. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 1.60 and a beta of 0.72. First Hawaiian, Inc. has a one year low of $22.65 and a one year high of $30.58.

First Hawaiian (NASDAQ:FHB – Get Free Report) last issued its quarterly earnings results on Friday, April 24th. The bank reported $0.55 EPS for the quarter, beating the consensus estimate of $0.53 by $0.02. First Hawaiian had a net margin of 24.44% and a return on equity of 10.39%. The business had revenue of $220.35 million during the quarter, compared to the consensus estimate of $223.59 million. During the same quarter in the prior year, the firm earned $0.47 EPS. Analysts anticipate that First Hawaiian, Inc. will post 2.38 earnings per share for the current year.

First Hawaiian Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, May 18th. First Hawaiian’s payout ratio is 45.61%.

About First Hawaiian (Free Report)

First Hawaiian, Inc is the oldest and largest bank in Hawaii, operating as the bank holding company for First Hawaiian Bank. Established in 1858, the company offers a full suite of financial services to individual, business and institutional clients. Its product portfolio includes consumer and commercial lending, deposit accounts, treasury and cash management, foreign exchange and trade finance, as well as wealth management and trust services.

First Hawaiian serves customers through an extensive network of branches, ATMs and digital channels across the Hawaiian Islands, Guam, Saipan and American Samoa.

Read More Five stocks we like better than First Hawaiian The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding FHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Hawaiian, Inc. (NASDAQ:FHB – Free Report).

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2026-07-21 13:10 26d ago
2026-07-21 07:30 26d ago
Parke Bancorp Remains Cheap Even After More Than Doubling
TBBK The Bancorp
FMP Stock News
Original source text
Parke Bancorp remains a 'buy' as robust earnings growth, expanding net interest margin, and strong asset quality drive compelling valuation. PKBK's price-to-earnings multiple of 8.2 is notably below peers, while return on assets (2.19%) and equity (14.47%) exceed industry benchmarks. Deposit base remains a concern with 42% uninsured and 11.3% brokered deposits, but loan growth and portfolio diversity offset some risks.
2026-07-21 13:10 26d ago
2026-07-21 08:51 26d ago
Atlantic Union (AUB) Surpasses Q2 Earnings and Revenue Estimates
AUB Atlantic Union Bankshares Corp
FMP Stock News
Original source text
Atlantic Union (AUB - Free Report) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +2.17%. A quarter ago, it was expected that this holding company for Atlantic Union Bank would post earnings of $0.88 per share when it actually produced earnings of $0.89, delivering a surprise of +1.14%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Atlantic Union, which belongs to the Zacks Banks - Northeast industry, posted revenues of $419.93 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 6.32%. This compares to year-ago revenues of $407.26 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Atlantic Union shares have added about 19.1% since the beginning of the year versus the S&P 500's gain of 8.7%.

What's Next for Atlantic Union?While Atlantic Union has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Atlantic Union was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.96 on $394.02 million in revenues for the coming quarter and $3.74 on $1.56 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Northeast is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Carter Bankshares, Inc. (CARE - Free Report) , is yet to report results for the quarter ended June 2026.

This company is expected to post quarterly earnings of $0.41 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Carter Bankshares, Inc.'s revenues are expected to be $66.73 million, up 78.2% from the year-ago quarter.
2026-07-21 13:09 26d ago
2026-07-21 08:55 26d ago
Buy, Hold, or Wait: 3 Small-Cap Stocks Telling Different Stories
SAM Boston Beer Company
FMP Stock News
Original source text
As of July 20, the Russell 2000 index, often referred to as the small-cap index, is up approximately 18% in 2026. That's about double the gains of the S&P 500 and evidence of the sector rotation in the market.
2026-07-21 13:09 26d ago
2026-07-21 04:01 26d ago
Crown Holdings, Inc. $CCK Shares Sold by Bank of New York Mellon Corp
CCK Crown Holdings
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Bank of New York Mellon Corp decreased its stake in shares of Crown Holdings, Inc. (NYSE:CCK – Free Report) by 12.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,159,975 shares of the industrial products company’s stock after selling 165,311 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.03% of Crown worth $116,288,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Illinois Municipal Retirement Fund increased its stake in shares of Crown by 232.0% during the first quarter. Illinois Municipal Retirement Fund now owns 19,400 shares of the industrial products company’s stock worth $1,945,000 after buying an additional 13,556 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Crown by 27.4% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 7,641 shares of the industrial products company’s stock worth $766,000 after acquiring an additional 1,643 shares during the last quarter. Principal Financial Group Inc. lifted its stake in Crown by 2.0% in the first quarter. Principal Financial Group Inc. now owns 250,252 shares of the industrial products company’s stock worth $25,088,000 after acquiring an additional 5,025 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in Crown by 7.5% during the 1st quarter. Chicago Partners Investment Group LLC now owns 12,352 shares of the industrial products company’s stock worth $1,258,000 after acquiring an additional 866 shares in the last quarter. Finally, Arbejdsmarkedets Tillaegspension increased its position in shares of Crown by 1.0% in the 1st quarter. Arbejdsmarkedets Tillaegspension now owns 249,499 shares of the industrial products company’s stock valued at $25,012,000 after purchasing an additional 2,589 shares during the last quarter. Hedge funds and other institutional investors own 90.93% of the company’s stock.

Analyst Upgrades and Downgrades Several equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Crown from a “hold” rating to a “buy” rating in a research report on Saturday, June 20th. JPMorgan Chase & Co. upgraded Crown from a “neutral” rating to an “overweight” rating and set a $107.00 price target on the stock in a research note on Monday, May 18th. BMO Capital Markets started coverage on Crown in a report on Thursday. They set an “outperform” rating and a $130.00 price target for the company. Citigroup upped their price objective on Crown from $127.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Crown in a report on Wednesday, April 1st. They issued a “buy” rating and a $124.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Crown has a consensus rating of “Moderate Buy” and an average target price of $124.07.

Get Our Latest Stock Report on Crown

Insider Transactions at Crown In other Crown news, CEO Timothy J. Donahue sold 15,000 shares of Crown stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $105.00, for a total value of $1,575,000.00. Following the transaction, the chief executive officer directly owned 436,070 shares in the company, valued at approximately $45,787,350. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.90% of the company’s stock.

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

Positive Sentiment: Second-quarter earnings beat Wall Street estimates, with Crown reporting $2.49 EPS versus $2.15 expected, and revenue of $3.67 billion versus $3.37 billion expected. Crown Holdings Q2 Earnings and Revenues Top Estimates Positive Sentiment: Management lifted FY 2026 EPS guidance to $8.30-$8.50, above the $8.10 consensus, signaling confidence in full-year profitability. Positive Sentiment: Operational momentum improved as global beverage can volumes rose 5%, supporting higher sales and suggesting steady demand in Crown’s core packaging business. Crown Holdings Posts Higher Sales As Global Beverage Can Volumes Rise Neutral Sentiment: The company’s Q3 EPS guidance of $2.20-$2.30 was slightly below the $2.25 consensus midpoint, which may limit upside as investors assess whether the strong second quarter can carry forward. Neutral Sentiment: Technical commentary noted a recent golden cross, which can be viewed as a constructive long-term chart signal, though it was not a direct fundamental driver. Should You Buy Crown Holdings After Golden Cross? Crown Trading Down 2.1% CCK opened at $114.73 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.12 and a debt-to-equity ratio of 1.67. Crown Holdings, Inc. has a 52 week low of $89.21 and a 52 week high of $118.50. The business’s 50 day moving average is $103.18 and its two-hundred day moving average is $104.80. The firm has a market cap of $12.82 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 1.96 and a beta of 0.60.

Crown (NYSE:CCK – Get Free Report) last posted its quarterly earnings data on Monday, July 20th. The industrial products company reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.34. The business had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.37 billion. Crown had a return on equity of 26.62% and a net margin of 5.65%.During the same period in the prior year, the company earned $2.15 earnings per share. Crown has set its Q3 2026 guidance at 2.200-2.30 EPS and its FY 2026 guidance at 8.300-8.50 EPS. On average, research analysts predict that Crown Holdings, Inc. will post 8.06 EPS for the current year.

Crown Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 14th. Crown’s dividend payout ratio (DPR) is presently 22.29%.

Crown Profile (Free Report)

Crown Holdings, Inc is a leading global supplier of rigid packaging products for consumer goods markets. The company designs, manufactures and sells metal packaging for beverage, food, household, personal care and specialty products. Its portfolio includes aluminum and steel beverage cans, steel food cans, aluminum aerosols, metal closures and ends, offering customers end-to-end solutions from design and prototyping to large-scale production.

Founded in 1919 as the Crown Cork & Seal Company, Crown has grown through strategic acquisitions and investments in advanced manufacturing technologies.

See Also Five stocks we like better than Crown The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding CCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crown Holdings, Inc. (NYSE:CCK – Free Report).

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2026-07-21 13:09 26d ago
2026-07-21 04:21 26d ago
Amova Asset Management Americas Inc. Sells 165,333 Shares of Illumina, Inc. $ILMN
ILMN Illumina
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Amova Asset Management Americas Inc. trimmed its position in Illumina, Inc. (NASDAQ:ILMN – Free Report) by 18.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 721,532 shares of the life sciences company’s stock after selling 165,333 shares during the period. Illumina comprises 1.3% of Amova Asset Management Americas Inc.’s portfolio, making the stock its 25th biggest holding. Amova Asset Management Americas Inc. owned about 0.48% of Illumina worth $88,864,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Elyxium Wealth LLC bought a new position in Illumina in the fourth quarter worth approximately $25,000. Creative Capital Management Investments LLC grew its position in shares of Illumina by 160.0% during the 4th quarter. Creative Capital Management Investments LLC now owns 195 shares of the life sciences company’s stock valued at $26,000 after acquiring an additional 120 shares during the period. TD Waterhouse Canada Inc. bought a new stake in shares of Illumina during the 4th quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Illumina in the 4th quarter worth $26,000. Finally, Activest Wealth Management increased its stake in shares of Illumina by 671.9% in the 4th quarter. Activest Wealth Management now owns 247 shares of the life sciences company’s stock worth $32,000 after purchasing an additional 215 shares in the last quarter. Hedge funds and other institutional investors own 89.42% of the company’s stock.

Illumina Stock Down 1.1% NASDAQ ILMN opened at $184.68 on Tuesday. Illumina, Inc. has a 12 month low of $88.00 and a 12 month high of $196.66. The company has a current ratio of 1.75, a quick ratio of 1.36 and a debt-to-equity ratio of 0.56. The stock has a market cap of $27.94 billion, a PE ratio of 33.58, a P/E/G ratio of 3.49 and a beta of 1.47. The stock’s 50 day moving average is $167.28 and its 200 day moving average is $143.77.

Illumina (NASDAQ:ILMN – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The life sciences company reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.10. Illumina had a net margin of 19.42% and a return on equity of 31.01%. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the firm posted $0.97 EPS. The company’s revenue was up 4.8% on a year-over-year basis. Illumina has set its FY 2026 guidance at 5.150-5.300 EPS. Research analysts predict that Illumina, Inc. will post 5.22 EPS for the current fiscal year.

Insider Activity at Illumina In other Illumina news, CAO Scott D. Ericksen sold 500 shares of the business’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $160.00, for a total value of $80,000.00. Following the sale, the chief accounting officer owned 14,446 shares in the company, valued at $2,311,360. The trade was a 3.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Patricia Leckman sold 783 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $162.59, for a total transaction of $127,307.97. Following the transaction, the senior vice president directly owned 21,259 shares of the company’s stock, valued at $3,456,500.81. This trade represents a 3.55% 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 90 days, insiders have sold 1,003,769 shares of company stock valued at $155,710,908. 2.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades A number of brokerages recently commented on ILMN. Wall Street Zen cut Illumina from a “buy” rating to a “hold” rating in a report on Saturday. Citigroup upped their price target on Illumina from $80.00 to $95.00 and gave the stock a “sell” rating in a research report on Monday, May 4th. Barclays raised their price objective on Illumina from $122.00 to $145.00 and gave the stock an “underweight” rating in a research note on Wednesday, June 24th. Piper Sandler lifted their price objective on Illumina from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Finally, TD Cowen reiterated a “hold” rating on shares of Illumina in a research note on Wednesday, July 15th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Illumina has an average rating of “Hold” and a consensus target price of $156.88.

Get Our Latest Analysis on Illumina

Illumina Company Profile (Free Report)

Illumina, Inc (NASDAQ: ILMN) is a global life sciences company that develops, manufactures and markets integrated systems for the analysis of genetic variation and function. Headquartered in San Diego, California and founded in 1998, Illumina offers a range of sequencing and array-based technologies used by academic researchers, clinical laboratories, pharmaceutical and biotechnology companies, consumer genomics firms and agricultural researchers to enable discovery, translational research and clinical applications.

The company’s product portfolio includes next-generation sequencing (NGS) platforms and associated consumables, microarrays for genotyping and methylation analysis, library preparation kits and targeted assays.

Featured Articles Five stocks we like better than Illumina The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story Want to see what other hedge funds are holding ILMN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Illumina, Inc. (NASDAQ:ILMN – Free Report).

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2026-07-21 13:07 26d ago
2026-07-21 05:23 26d ago
Fifth Third Bancorp $FITB Stock Position Lifted by D.A. Davidson & CO.
FITB Fifth Third Bancorp
FMP Stock News
Original source text
D.A. Davidson & CO. grew its holdings in shares of Fifth Third Bancorp (NASDAQ:FITB – Free Report) by 69.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,783 shares of the financial services provider’s stock after purchasing an additional 20,862 shares during the period. D.A. Davidson & CO.’s holdings in Fifth Third Bancorp were worth $2,359,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of FITB. Vanguard Group Inc. grew its position in Fifth Third Bancorp by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 83,948,876 shares of the financial services provider’s stock valued at $3,929,647,000 after buying an additional 637,207 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Fifth Third Bancorp by 41.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 35,548,204 shares of the financial services provider’s stock worth $1,664,013,000 after buying an additional 10,444,799 shares in the last quarter. Capital World Investors raised its position in shares of Fifth Third Bancorp by 5.6% during the 4th quarter. Capital World Investors now owns 32,549,669 shares of the financial services provider’s stock worth $1,523,650,000 after buying an additional 1,719,361 shares in the last quarter. State Street Corp lifted its stake in shares of Fifth Third Bancorp by 0.3% in the 4th quarter. State Street Corp now owns 31,437,600 shares of the financial services provider’s stock worth $1,484,021,000 after acquiring an additional 101,245 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Fifth Third Bancorp by 2.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 23,939,023 shares of the financial services provider’s stock worth $1,120,586,000 after acquiring an additional 530,489 shares during the period. 83.79% of the stock is currently owned by institutional investors.

Fifth Third Bancorp Stock Performance Shares of FITB opened at $57.47 on Tuesday. The firm’s 50 day moving average is $53.19 and its 200-day moving average is $50.70. The stock has a market capitalization of $52.09 billion, a P/E ratio of 19.29, a P/E/G ratio of 1.09 and a beta of 0.90. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.83 and a quick ratio of 0.83. Fifth Third Bancorp has a 12-month low of $40.04 and a 12-month high of $59.50.

Fifth Third Bancorp (NASDAQ:FITB – Get Free Report) last released its earnings results on Friday, July 17th. The financial services provider reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.01). Fifth Third Bancorp had a return on equity of 12.39% and a net margin of 15.89%.The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter in the previous year, the firm earned $0.88 earnings per share. Equities research analysts anticipate that Fifth Third Bancorp will post 4.1 EPS for the current fiscal year.

Fifth Third Bancorp Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.60 annualized dividend and a dividend yield of 2.8%. Fifth Third Bancorp’s dividend payout ratio is currently 54.61%.

Insider Activity at Fifth Third Bancorp In other news, EVP Peter L. Sefzik sold 20,000 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $50.46, for a total transaction of $1,009,200.00. Following the completion of the sale, the executive vice president owned 189,382 shares in the company, valued at approximately $9,556,215.72. This represents a 9.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets A number of research analysts recently commented on FITB shares. Royal Bank Of Canada raised their price objective on shares of Fifth Third Bancorp from $57.00 to $62.00 and gave the company an “outperform” rating in a research note on Monday. JPMorgan Chase & Co. upped their target price on Fifth Third Bancorp from $54.50 to $61.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Wolfe Research cut their target price on Fifth Third Bancorp from $57.00 to $55.00 and set an “outperform” rating for the company in a research report on Wednesday, April 1st. Zacks Research lowered Fifth Third Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Keefe, Bruyette & Woods lifted their price target on Fifth Third Bancorp from $58.00 to $60.00 and gave the company a “market perform” rating in a research report on Monday. Seventeen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Fifth Third Bancorp presently has a consensus rating of “Moderate Buy” and an average price target of $60.20.

Check Out Our Latest Stock Analysis on FITB

Key Fifth Third Bancorp News Here are the key news stories impacting Fifth Third Bancorp this week:

Positive Sentiment: Bank of America raised its price target to $65 and kept a buy rating, signaling meaningful upside from current levels. Article Title Positive Sentiment: DA Davidson also lifted its target to $65 and reiterated a buy rating after Fifth Third’s strong quarter. Article Title Positive Sentiment: RBC raised its target to $62 with an outperform rating, adding to the bullish analyst sentiment around FITB. Article Title Positive Sentiment: Keefe, Bruyette & Woods increased its target to $60, signaling still-positive expectations even with a more neutral stance. Article Title Positive Sentiment: Fifth Third reported Q2 EPS of $1.02, ahead of the $0.95 consensus, with revenue also beating estimates, reinforcing the bank’s fundamental strength. Article Title Positive Sentiment: Fifth Third won Euromoney’s Best Bank Award in the United States, which may support its reputation and brand strength. Article Title Neutral Sentiment: Industry commentary on banks using fintech and embedded finance for deposits suggests a broader opportunity set, but it is not a direct company-specific catalyst. Article Title Neutral Sentiment: One article framed Comerica as a growth catalyst for Fifth Third, but the impact appears more strategic than immediately measurable. Article Title Neutral Sentiment: Unusually high options trading was noted, which can signal heightened investor attention but does not by itself explain the move. Article Title Positive Sentiment: A Zacks article highlighted Fifth Third as a strong dividend stock, which may appeal to income-focused investors. Article Title Fifth Third Bancorp Profile (Free Report)

Fifth Third Bancorp is a Cincinnati, Ohio–based bank holding company whose primary banking subsidiary operates as Fifth Third Bank. The company provides a broad range of financial services to individual consumers, small businesses, middle-market companies and large corporations. Its business mix includes retail and commercial banking, lending, payment and card services, treasury and cash management, and wealth management and investment advisory services delivered through a combination of branch locations, commercial offices and digital platforms.

On the consumer side, Fifth Third offers deposit accounts, consumer loans, mortgages, auto financing and credit card products, along with digital banking and mobile services.

Featured Articles Five stocks we like better than Fifth Third Bancorp The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

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2026-07-21 13:07 26d ago
2026-07-21 07:05 26d ago
PNC Wealth Management Launches Securities-Based Lending Solution
PNC PNC Financial Services Group
FMP Stock News
Original source text
The enhanced offering gives clients access to capital without disrupting their investment strategy

, /PRNewswire/ -- PNC Wealth Management today unveiled a new Securities-Based Lending (SBL) solution to provide enhanced liquidity and borrowing options for customers of PNC's Premier Client℠ program. For clients with more than $200,000 of assets at PNC Wealth Management, the SBL can be a quick and efficient way for them to access liquidity while remaining invested in the markets. The minimum line of credit that can be established is $100,000.

"Whether for a home renovation, critical emergency, luxury purchase, debt consolidation or an unexpected tax obligation, our Securities-Based Lending solution can serve as a crucial line of credit for clients without disrupting their financial plans," said Rich Guerrini, president and CEO of PNC Wealth Management.

SBL provides a number of benefits to PNC Wealth Management clients, including:

Flexibility: The solution is a flexible way of borrowing money as unexpected needs arise. Ease of implementation: Establishing a line of credit is quick, easy and cost-free. Clients will know immediately how much credit they qualify for. Continued market gains: SBL provides access to liquidity without having to sell securities or disrupt investment portfolios, meaning clients won't miss out on market gains. Interest-only repayments: The monthly obligation stays low, allowing users to pay down the principal when the time is right. By working with a PNC Premier Client banker, clients can – in a matter of minutes – receive a personalized securities-based lending evaluation, helping them understand the size of a potential credit line backed by their pledged portfolio. Additionally, the securities-based line of credit can be established and set in place at any time, providing clients with an available, ready line of credit for when a need arises.

The SBL solution is part of a larger suite of solutions that PNC Bank and PNC Wealth Management have rolled out recently to better serve the needs of its clients. Other programs and products include PNC's proprietary loyalty program, TotalRewards, digital account opening services for brokerage accounts, and its flagship client experience for those with at least $100,000 in investable assets, PNC Premier Client.

"A growing number of clients are building meaningful wealth while also making important, time-sensitive life decisions, and they need a bank that not only keeps pace, but proactively guides them to where they want to be on their financial journey," said Alex Overstrom, head of PNC Retail Banking. "A securities-based line of credit reflects the kind of practical, relationship-driven innovation we are bringing to PNC Premier Clients – giving them another way to access capital when needed, while ensuring today's priorities don't derail tomorrow's goals."

The PNC Premier Client experience serves individuals with approximately $100,000 to $3 million in investible assets. High- and ultra-high-net worth clients continue to be served by PNC Private Bank, which also provides a similar but distinct securities-based line of credit product.

To learn more, visit PNC's SBL web page.

PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.

Investment products are provided by PNC Wealth Management LLC, a registered broker-dealer and a registered investment adviser, member FINRA/SIPC. Investments are not FDIC insured, not bank guaranteed, not a deposit, not insured by any federal government agency and may lose value.

CONTACT:
RJ Tamburri
(412) 762-9614
[email protected]

SOURCE PNC Bank
2026-07-21 13:06 26d ago
2026-07-21 06:45 26d ago
Top Wall Street Forecasters Revamp Alaska Air Expectations Ahead Of Q2 Earnings
ALK Alaska Air Group
FMP Stock News
Original source text
Alaska Air Group, Inc. (NYSE:ALK) will release its second quarter earnings report after the closing bell on Tuesday, July 21.

Analysts expect the Seattle, Washington-based company to report a quarterly loss of 99 cents per share, versus a profit of $1.78 per share in the year-ago period. The consensus estimate for Alaska Air’s quarterly revenue is $4.09 billion. It reported $3.7 billion last year, according to Benzinga Pro.

On April 20, Alaska Air reported worse-than-expected first-quarter fiscal year 2026 results and suspended guidance.

Shares of Alaska Air rose 1.2% to close at $46.04 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

Considering buying ALK stock? Here’s what analysts think:

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2026-07-21 13:06 26d ago
2026-07-21 03:58 26d ago
Andra AP fonden Boosts Holdings in Comfort Systems USA, Inc. $FIX
FIX Comfort Systems USA
FMP Stock News
Original source text
Andra AP fonden boosted its holdings in Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 79.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,013 shares of the construction company’s stock after purchasing an additional 6,213 shares during the quarter. Andra AP fonden’s holdings in Comfort Systems USA were worth $19,324,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in FIX. Vanguard Group Inc. lifted its stake in Comfort Systems USA by 17.0% in the 4th quarter. Vanguard Group Inc. now owns 4,310,126 shares of the construction company’s stock worth $4,022,597,000 after purchasing an additional 625,567 shares in the last quarter. State Street Corp grew its position in shares of Comfort Systems USA by 35.6% during the fourth quarter. State Street Corp now owns 1,428,674 shares of the construction company’s stock valued at $1,333,367,000 after purchasing an additional 375,118 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Comfort Systems USA by 39.0% during the fourth quarter. Geode Capital Management LLC now owns 1,185,909 shares of the construction company’s stock valued at $1,103,453,000 after purchasing an additional 332,441 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Comfort Systems USA by 7.4% in the third quarter. Invesco Ltd. now owns 1,064,560 shares of the construction company’s stock worth $878,454,000 after purchasing an additional 73,727 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Comfort Systems USA by 22.1% in the fourth quarter. AQR Capital Management LLC now owns 1,019,922 shares of the construction company’s stock worth $951,883,000 after purchasing an additional 184,362 shares during the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Trading Up 2.3% Shares of NYSE FIX opened at $1,712.83 on Tuesday. Comfort Systems USA, Inc. has a 1-year low of $513.99 and a 1-year high of $2,073.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.24 and a quick ratio of 1.21. The business’s 50 day moving average is $1,855.02 and its two-hundred day moving average is $1,549.75. The stock has a market capitalization of $60.29 billion, a P/E ratio of 49.42 and a beta of 1.66.

Comfort Systems USA (NYSE:FIX – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.81 by $3.70. The business had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.39 billion. Comfort Systems USA had a return on equity of 51.69% and a net margin of 12.07%.The company’s revenue for the quarter was up 56.5% on a year-over-year basis. During the same period last year, the company earned $4.75 EPS. As a group, research analysts expect that Comfort Systems USA, Inc. will post 43.39 EPS for the current year.

Comfort Systems USA Increases Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Friday, May 15th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, May 15th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.70. Comfort Systems USA’s payout ratio is currently 9.23%.

Insider Buying and Selling In related news, insider Brian E. Lane sold 11,113 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $1,969.84, for a total value of $21,890,831.92. Following the completion of the sale, the insider directly owned 161,089 shares in the company, valued at $317,319,555.76. This trade represents a 6.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Julie Shaeff sold 1,123 shares of Comfort Systems USA stock in a transaction on Monday, May 11th. The stock was sold at an average price of $2,000.37, for a total transaction of $2,246,415.51. Following the transaction, the chief accounting officer directly owned 12,624 shares of the company’s stock, valued at $25,252,670.88. The trade was a 8.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,778 shares of company stock valued at $59,746,124 over the last 90 days. 1.24% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth FIX has been the subject of several research analyst reports. Oppenheimer initiated coverage on Comfort Systems USA in a report on Thursday, May 28th. They set an “outperform” rating and a $2,200.00 price target for the company. Stifel Nicolaus increased their target price on Comfort Systems USA from $1,611.00 to $1,819.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. UBS Group increased their target price on Comfort Systems USA from $1,992.00 to $2,125.00 and gave the company a “buy” rating in a research report on Monday, June 8th. The Goldman Sachs Group began coverage on shares of Comfort Systems USA in a research report on Thursday, July 9th. They issued a “buy” rating and a $2,159.00 price target on the stock. Finally, Glj Research assumed coverage on shares of Comfort Systems USA in a research note on Monday, April 20th. They set a “buy” rating and a $2,001.00 price target on the stock. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,015.43.

View Our Latest Analysis on Comfort Systems USA

Comfort Systems USA Profile (Free Report)

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.

Further Reading Five stocks we like better than Comfort Systems USA The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

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2026-07-21 13:06 26d ago
2026-07-21 05:06 26d ago
Baader Bank Aktiengesellschaft Acquires Shares of 1,407 Comfort Systems USA, Inc. $FIX
FIX Comfort Systems USA
FMP Stock News
Original source text
Posted by Defense World Staff on Jul 21st, 2026

Baader Bank Aktiengesellschaft acquired a new stake in Comfort Systems USA, Inc. (NYSE:FIX – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 1,407 shares of the construction company’s stock, valued at approximately $1,914,000.

A number of other institutional investors have also recently modified their holdings of the stock. Andra AP fonden increased its stake in Comfort Systems USA by 79.7% in the first quarter. Andra AP fonden now owns 14,013 shares of the construction company’s stock valued at $19,324,000 after acquiring an additional 6,213 shares during the last quarter. Summit Global Investments acquired a new stake in shares of Comfort Systems USA in the 1st quarter valued at approximately $411,000. Convergence Investment Partners LLC bought a new stake in shares of Comfort Systems USA during the 1st quarter valued at approximately $2,226,000. Commerzbank Aktiengesellschaft FI acquired a new position in shares of Comfort Systems USA during the first quarter worth $1,524,000. Finally, Hollencrest Capital Management bought a new stake in Comfort Systems USA during the 1st quarter worth $48,000. 96.51% of the stock is currently owned by institutional investors.

Insider Activity In other news, insider Brian E. Lane sold 11,113 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $1,969.84, for a total transaction of $21,890,831.92. Following the completion of the transaction, the insider owned 161,089 shares of the company’s stock, valued at approximately $317,319,555.76. The trade was a 6.45% 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. Also, CFO William George III sold 1,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $2,020.96, for a total value of $2,020,960.00. Following the transaction, the chief financial officer directly owned 32,804 shares of the company’s stock, valued at $66,295,571.84. The trade was a 2.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 30,778 shares of company stock worth $59,746,124. Company insiders own 1.24% of the company’s stock.

Comfort Systems USA Price Performance NYSE FIX opened at $1,712.83 on Tuesday. Comfort Systems USA, Inc. has a 52 week low of $513.99 and a 52 week high of $2,073.99. The firm’s 50-day simple moving average is $1,855.02 and its two-hundred day simple moving average is $1,549.75. The company has a quick ratio of 1.21, a current ratio of 1.24 and a debt-to-equity ratio of 0.01. The company has a market cap of $60.29 billion, a PE ratio of 49.42 and a beta of 1.66.

Comfort Systems USA (NYSE:FIX – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 EPS for the quarter, beating analysts’ consensus estimates of $6.81 by $3.70. The company had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.39 billion. Comfort Systems USA had a net margin of 12.07% and a return on equity of 51.69%. Comfort Systems USA’s revenue was up 56.5% compared to the same quarter last year. During the same period last year, the business earned $4.75 earnings per share. Research analysts predict that Comfort Systems USA, Inc. will post 43.39 earnings per share for the current year.

Comfort Systems USA Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Friday, May 15th were issued a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 15th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.70. Comfort Systems USA’s payout ratio is 9.23%.

Analysts Set New Price Targets Several equities analysts have commented on the company. Zacks Research downgraded Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Oppenheimer assumed coverage on shares of Comfort Systems USA in a report on Thursday, May 28th. They issued an “outperform” rating and a $2,200.00 target price on the stock. Stifel Nicolaus raised their price target on shares of Comfort Systems USA from $1,611.00 to $1,819.00 and gave the stock a “buy” rating in a report on Thursday, April 16th. Glj Research initiated coverage on shares of Comfort Systems USA in a research report on Monday, April 20th. They set a “buy” rating and a $2,001.00 target price for the company. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Friday. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,015.43.

View Our Latest Stock Report on Comfort Systems USA

Comfort Systems USA Profile (Free Report)

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.

Featured Articles Five stocks we like better than Comfort Systems USA The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence Is Domino’s Stock Serving Up a Buying Opportunity? A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free Why Gold Miners Could Be the Market’s Biggest Comeback Story

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