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marketNaNd ago

Principal Financial Group Inc. Sells 1,940 Shares of Comfort Systems USA, Inc. $FIX

Principal Financial Group Inc. has reduced its stake in Comfort Systems USA, Inc. by 1.9% in the first quarter, selling 1,940 shares and now owning 102,149 shares worth $140.88 million. Other hedge funds have either increased or initiated positions in the company. Comfort Systems USA has received a "Moderate Buy" rating from analysts with an average price target of $2,015.43, and the company recently increased its quarterly dividend.

MarketBeat

marketNaNd ago

Sumitomo Mitsui Trust Group Inc. Raises Stock Holdings in Huntington Ingalls Industries, Inc. $HII

Sumitomo Mitsui Trust Group Inc. significantly increased its stake in Huntington Ingalls Industries (HII) by 279.2% in the first quarter, now holding 7,751 shares valued at $2.95 million. This increase follows HII's strong first-quarter earnings, where the company surpassed analyst expectations with an EPS of $3.79 and revenue of $3.10 billion. Despite a "Hold" consensus rating from analysts, institutional investors are actively adjusting their positions in the aerospace and shipbuilding company.

MarketBeat

marketNaNd ago

Kestra Advisory Services LLC Grows Stock Position in Public Service Enterprise Group Incorporated $PEG

Kestra Advisory Services LLC increased its stake in Public Service Enterprise Group (NYSE:PEG) by 26.3% in the first quarter, now holding 69,089 shares valued at $5.59 million. Public Service Enterprise Group posted strong quarterly results, beating EPS and revenue estimates, and analysts maintain a "Moderate Buy" rating with an average target price of $92.32. Several other institutional investors also adjusted their positions, and company insiders recently sold shares.

MarketBeat

marketNaNd ago

General Dynamics Corporation $GD Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. increased its stake in General Dynamics Corporation (NYSE:GD) by 1.0% in the first quarter, now holding 310,063 shares valued at approximately $106.4 million. This comes after General Dynamics reported strong quarterly earnings, surpassing analyst estimates for both EPS and revenue, and announced a quarterly dividend of $1.59 per share. The article also details recent insider sales and analyst ratings for the company.

MarketBeat

marketNaNd ago

Old Dominion Freight Line, Inc. $ODFL Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. significantly increased its stake in Old Dominion Freight Line (ODFL) by 43.7% in the first quarter, now owning over 600,000 shares valued at approximately $117.6 million. The transportation company recently reported strong quarterly earnings of $1.14 per share, surpassing analyst expectations, despite a slight revenue decline. ODFL maintains high institutional ownership at 77.82% and has a consensus "Hold" rating from analysts with an average price target of $222.00.

MarketBeat

marketNaNd ago

Lee Danner & Bass Inc. Increases Position in Amazon.com, Inc. $AMZN

Lee Danner & Bass Inc. increased its stake in Amazon.com, Inc. by 2.3% in the first quarter, bringing its total holdings to 158,855 shares valued at $33.1 million, making Amazon its 9th largest holding. Analysts maintain a "Moderate Buy" rating for Amazon, citing potential upside from AWS and AI infrastructure demand, with an average price target near $312.79. Despite strong quarterly earnings, concerns were noted regarding aggressive AI spending and insider selling.

MarketBeat

marketNaNd ago

K.J. Harrison & Partners Inc Cuts Stock Holdings in Amazon.com, Inc. $AMZN

K.J. Harrison & Partners Inc significantly reduced its stake in Amazon.com, Inc. by 40.2% in the first quarter, selling 47,014 shares and retaining 69,854 shares valued at $14.55 million. Despite this cut, Amazon remains a "Moderate Buy" among analysts with an average target price of $312.79, driven by positive sentiment around its AI and AWS growth, though concerns exist regarding aggressive AI spending and debt financing. The article also details other institutional investor activity and insider selling, alongside Amazon's recent financial performance.

MarketBeat

marketNaNd ago

Teachers Retirement System of The State of Kentucky Sells 152,797 Shares of Amcor PLC $AMCR

Teachers Retirement System of The State of Kentucky significantly reduced its stake in Amcor PLC (NYSE:AMCR) by selling 152,797 shares, representing an 80.0% reduction in its holdings during the first quarter. Post-sale, the institutional investor now owns 38,198 shares of Amcor, valued at $1.518 million. Despite this sale, a significant portion of Amcor's stock (45.14%) is still held by hedge funds and other institutional investors, with analysts maintaining a "Moderate Buy" rating for the company.

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Purchases 86,813 Shares of Freeport-McMoRan Inc. $FCX

Principal Financial Group Inc. increased its stake in Freeport-McMoRan Inc. by 4.3% in the first quarter, purchasing an additional 86,813 shares and bringing its total holding to over 2.11 million shares valued at approximately $124 million. This move comes as Freeport-McMoRan reported stronger-than-expected Q1 earnings with EPS of $0.57 and revenue of $6.23 billion. The company also declared a quarterly dividend of $0.075 per share, and analysts maintain a "Moderate Buy" consensus rating with an average price target of $68.77.

MarketBeat

marketNaNd ago

Simplicity Wealth LLC Sells 24,771 Shares of Amcor PLC $AMCR

Simplicity Wealth LLC significantly reduced its stake in Amcor PLC (NYSE:AMCR) by selling 24,771 shares, leaving it with 5,728 shares valued at $228,000. Amcor reported strong quarterly earnings, meeting EPS estimates and exceeding revenue expectations, with analysts projecting $3.97 EPS for the full fiscal year. Despite a high dividend payout ratio of 181.82% for its $0.65 quarterly dividend, analysts maintain a "Moderate Buy" rating with a consensus target price of $48.56.

MarketBeat

marketNaNd ago

Williams Companies, Inc. (The) $WMB Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. recently reduced its stake in Williams Companies Inc. by 1.7% in Q1, though it still holds 1.79 million shares valued at $130.5 million. Institutional ownership of WMB remains high at 86.44%. The company is gaining attention for growth prospects, including a $5.34 billion Blackstone-led investment in power projects and positive analyst ratings, with Morgan Stanley raising its price target to $99.

MarketBeat

marketNaNd ago

Altria Group, Inc. $MO Stock Holdings Increased by Principal Financial Group Inc.

Principal Financial Group Inc. increased its stake in Altria Group (NYSE:MO) by 2.1% in the first quarter, now holding approximately 1.95 million shares valued at $128.8 million. Several other institutional investors also increased or initiated positions, bringing the total institutional ownership of Altria's stock to 57.41%. The company recently reported strong quarterly results, offers a 6.0% dividend yield, and has a consensus "Hold" rating from analysts with an average price target of $70.78.

MarketBeat

marketNaNd ago

Penguin Solutions, Inc. (NASDAQ:PENG) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Penguin Solutions, Inc. (NASDAQ:PENG) has received a consensus "Moderate Buy" rating from ten analysts, with an average 12-month price target of $57.71. The company recently reported strong quarterly earnings, beating expectations with an EPS of $0.84 and revenue of $478.71 million. Despite a 6.4% share price drop after the earnings report and some insider selling, institutional investors increased their holdings, and several analysts raised their price targets.

MarketBeat

marketNaNd ago

Teachers Retirement System of The State of Kentucky Acquires 16,252 Shares of Polaris Inc. $PII

The Teachers Retirement System of The State of Kentucky increased its stake in Polaris Inc. by 87% in the first quarter, purchasing an additional 16,252 shares to bring its total holding to 34,937 shares valued at approximately $1.9 million. Other major institutions like Goldman Sachs also significantly boosted their holdings, with institutional investors and hedge funds now owning 88.06% of Polaris shares. Despite strong quarterly results that beat analyst expectations and a quarterly dividend of $0.68 per share, analysts maintain a consensus "Hold" rating for the stock with a target price of $65.00.

MarketBeat

marketNaNd ago

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Given Average Recommendation of "Moderate Buy" by Brokerages

Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) has received an average "Moderate Buy" rating from seven brokerages, with an average 1-year price target of $19.28. The company recently reported $0.96 EPS on $23.54 billion in revenue and announced a special dividend of $0.1426 per share. Analysts expect the company to post 4.28 EPS for the current fiscal year.

MarketBeat

marketNaNd ago

Kestra Advisory Services LLC Purchases 40,309 Shares of Church & Dwight Co., Inc. $CHD

Kestra Advisory Services LLC increased its stake in Church & Dwight Co., Inc. by 277.3% during the first quarter, purchasing an additional 40,309 shares. This move is part of a broader trend of institutional investment in Church & Dwight, with several other hedge funds also significantly increasing their positions. The article also details recent insider stock sales, company financial performance, dividend announcement, and analyst ratings for CHD.

MarketBeat

marketNaNd ago

Private Advisor Group LLC Sells 3,247 Shares of Roper Technologies, Inc. $ROP

Private Advisor Group LLC significantly reduced its stake in Roper Technologies, selling 3,247 shares and retaining 1,708 shares valued at $604,000. This comes as Roper Technologies reported strong quarterly earnings, beating estimates with $5.16 EPS and an 11.3% revenue increase, simultaneously raising future guidance. Despite mixed Wall Street sentiment with a "Hold" consensus, the company announced a quarterly dividend of $0.91 per share.

MarketBeat

marketNaNd ago

Kestra Advisory Services LLC Sells 14,639 Shares of Public Storage $PSA

Kestra Advisory Services LLC significantly reduced its stake in Public Storage (NYSE: PSA) by 44.7% in Q1, selling 14,639 shares but still holding 18,109 shares valued at $4.9 million. Despite mixed analyst sentiment and an average "Hold" rating with a $325.37 price target, Public Storage recently exceeded Q1 earnings estimates and paid a quarterly dividend of $3.00 per share. Other institutional investors adjusted their holdings, and an insider sold shares, indicating varied confidence in the REIT.

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Sells 38,576 Shares of Johnson & Johnson $JNJ

Principal Financial Group Inc. reduced its stake in Johnson & Johnson by 1.1% in the first quarter, selling 38,576 shares. Despite this, several other institutional investors increased their holdings, and analysts maintain a "Moderate Buy" rating with a consensus target price of $261.70 for JNJ. The company also reported strong Q2 earnings, beating estimates, and is projecting improved guidance for FY 2026, alongside announcing a quarterly dividend of $1.34 per share.

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Boosts Holdings in Stride, Inc. $LRN

Principal Financial Group Inc. increased its stake in Stride, Inc. (NYSE:LRN) by 40.8% in the first quarter, acquiring an additional 299,756 shares and bringing its total holdings to 1,034,047 shares valued at $91.2 million. Stride reported strong quarterly results with EPS of $2.30 against an expected $2.21 and revenue of $629.87 million, a 2.7% increase year-over-year. Despite the positive earnings, the stock declined by 3.6%, and analysts maintain a "Hold" rating with a consensus price target of $109.75.

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Raises Stock Position in Waste Management, Inc. $WM

Principal Financial Group Inc. increased its stake in Waste Management, Inc. by 3.1% in the first quarter, bringing its total holdings to 460,317 shares valued at approximately $105.8 million. Other institutional investors also slightly raised their positions, contributing to the high institutional ownership of 80.40%. Analysts maintain a "Moderate Buy" rating for Waste Management, with an average price target of $256.20, following better-than-expected quarterly earnings and a sustained dividend of $0.945 per share.

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Purchases 34,323 Shares of Blackstone Inc. $BX

Principal Financial Group Inc. increased its stake in Blackstone Inc. by 4.2% in the first quarter, purchasing an additional 34,323 shares and bringing its total holding to 858,964 shares valued at approximately $98.8 million. The article notes mixed insider activity, solid quarterly earnings that beat EPS estimates, and a consensus "Moderate Buy" rating from analysts with an average price target of $146.52 for Blackstone (BX).

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Purchases 81,454 Shares of SLB Limited $SLB

Principal Financial Group Inc. increased its stake in SLB Limited by 4.7% in the first quarter, purchasing an additional 81,454 shares and bringing its total holdings to 1,800,923 shares valued at approximately $92.5 million. SLB is gaining attention for its expansion into data center infrastructure and power, including a strategic partnership with Liberty Energy, moving beyond traditional oilfield services. Wall Street analysts maintain a "Moderate Buy" rating with an average price target of $59.65, despite recent insider share sales.

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Decreases Position in Kinder Morgan, Inc. $KMI

Principal Financial Group Inc. reduced its stake in Kinder Morgan, Inc. by 14.1% in the first quarter, selling 475,138 shares but still holding 2.9 million shares valued at approximately $97.1 million. This comes as Kinder Morgan reported stronger-than-expected quarterly earnings and increased its dividend, yet analyst sentiment remains mixed with a consensus "Hold" rating. Insider activity also shows recent share sales by company VPs.

MarketBeat

marketNaNd ago

Principal Financial Group Inc. Sells 33,044 Shares of Targa Resources, Inc. $TRGP

Principal Financial Group Inc. reduced its stake in Targa Resources, Inc. by 6.0% during the first quarter, selling 33,044 shares and retaining 515,295 shares valued at $129.2 million. Despite mixed quarterly results for Targa Resources, analysts maintain a "Moderate Buy" consensus with a price target of $284.27. Institutional investors collectively own 92.13% of the company's stock, even as some, like State Street Corp and Goldman Sachs, increased their positions.

MarketBeat

marketNaNd ago

The AES Alamito Battery Energy Storage System - AES Corp. bets on flexible grid power

The AES Alamito Battery Energy Storage System is a 100 MW / 400 MWh grid-scale battery project in Arizona developed by AES Corp. to store solar energy and release it during peak evening demand. This project is central to AES Corp.'s strategy of combining renewables with storage under long-term contracts, aiming to provide flexible grid power and reduce reliance on gas peaker plants. The system's operation and contract structure provide stable cash flows for AES, reflecting the increasing importance of renewables and storage in its portfolio for investors.

Ad Hoc News

marketNaNd ago

GE HealthCare Partnership Plans 1,300 Tech Additions on Long Island

Catholic Health and GE HealthCare have announced a 10-year strategic Care Alliance valued at approximately $500 million to expand access to advanced imaging, precision diagnostics, and AI-enabled technology across Long Island. This partnership will introduce over 1,300 pieces of new technology to Catholic Health facilities, aiming to improve patient access to care, reduce diagnostic delays, and enhance operational efficiencies. The alliance focuses on modernizing key service lines like cardiology, oncology, neurology, and women's health, with a significant deployment of equipment within the first three years.

Stock Titan

marketNaNd ago

Janney Montgomery Scott LLC Sells 5,273 Shares of Williams-Sonoma, Inc. $WSM

Janney Montgomery Scott LLC reduced its stake in Williams-Sonoma (NYSE: WSM) by 63.7% in the first quarter, selling 5,273 shares and retaining 3,001 shares valued at $547,000. Despite this, institutional investors collectively own 99.29% of Williams-Sonoma, with several firms increasing their holdings. Williams-Sonoma reported strong Q1 earnings, beating analyst expectations, and has a consensus "Moderate Buy" rating with an average target price of $212.65.

MarketBeat

marketNaNd ago

SDG&E reliability could slip by up to 3.4 minutes from South Orange County outage

A power outage in South Orange County affecting over 22,500 SDG&E customers could increase the systemwide outage duration by about 3.4 minutes. While noticeable in annual reliability statistics, this event is not expected to significantly impact near-term earnings for Sempra, SDG&E's parent company. The cause of the outage is still unknown, but its implications for future maintenance and investor confidence depend on whether it's an isolated incident or indicative of broader equipment issues.

TechStock²

marketNaNd ago

NextEra, Dominion seek regulatory approval for proposed merger

NextEra Energy and Dominion Energy have filed applications with multiple regulatory bodies for their proposed $66.8 billion merger, aiming to address rising power demand and maintain customer affordability in four high-growth US states. The merged entity would serve around ten million customer accounts and operate over 110GW of electric generation. The transaction has received unanimous board approval and is expected to close in the second half of 2027, with Dominion customers receiving $2.25 billion in bill credits.

Yahoo Finance

marketNaNd ago

Price to sales forward of Norwood Financial Corp. – BOATS:NWFL

This article provides financial data for Norwood Financial Corp. (NWFL), specifically focusing on its forward price-to-sales ratio. The content, presented by TradingView, seems to be a data point within a larger financial analysis platform, indicating market status, and offering various tools and community features.

TradingView

marketNaNd ago

Cloudflare president Michelle Zatlyn sells $27.4 million in shares.

Cloudflare President Michelle Zatlyn sold approximately $27.4 million worth of Class A common stock between July 13 and July 15, 2026, under a pre-arranged trading plan. These sales occurred with Cloudflare's stock trading near its 52-week high, following its 46% increase over the past year. The transactions involved the conversion of Class B shares to Class A shares, originating from vested employee stock options.

Investing.com

marketNaNd ago

MGP Ingredients CEO to Discuss Q2 Results July 29

MGP Ingredients, Inc. (Nasdaq: MGPI) announced it will report its second-quarter 2026 financial results on Wednesday, July 29, before the Nasdaq market opens. President and CEO Julie Francis, along with CFO Brandon Gall, will host a conference call at 10 a.m. ET to discuss the results, provide a business update, and answer questions. The call will be accessible via webcast on the company's investor relations site.

Stock Titan

marketNaNd ago

Nuveen Churchill Direct Lending Corp. Schedules Second Quarter 2026 Earnings Release and Conference Call

Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) announced it will report its second quarter 2026 financial results on Thursday, August 6, 2026, before market open. The company will host an earnings conference call and webcast at 10:00 AM ET on the same day to discuss the results. Interested parties can participate via phone or through the live webcast available on the company's website.

Business Wire

marketNaNd ago

Nuveen Churchill Direct Lending Corp. sets Q2 2026 earnings date

Nuveen Churchill Direct Lending Corp. announced it will release its Q2 2026 financial results on August 6, 2026, before market open. The company will host an earnings conference call and webcast at 10:00 AM ET on the same day to discuss the results. Nuveen Churchill is a specialty finance company focused on senior secured loans to private equity-owned U.S. middle market companies, regulated as a business development company.

scanx.trade

marketNaNd ago

State Street Corporation Becomes Substantial Holder in Emerald Resources NL with 5.14% Voting Stake

State Street Corporation and its subsidiaries have become a substantial holder in Emerald Resources NL (ASX: EMR) by acquiring a 5.14% voting interest, totaling 34,030,208 ordinary shares. This significant development, disclosed via a Form 603 notice, reflects State Street's aggregated positions across its global investment management and custody entities, formalizing its presence on Emerald Resources' major shareholder list. The ownership is structured across multiple State Street subsidiaries acting as investment managers, trustees, and custodians, highlighting the complexity of modern institutional investment and potentially signaling growing international interest in Emerald Resources NL's Cambodia-focused gold production.

Kalkine

marketNaNd ago

GE HealthCare (GEHC) Stock Trades Below Fair Value On Cash Flow And Earnings

GE HealthCare Technologies (GEHC) stock has declined 23.7% year-to-date, but both its Discounted Cash Flow (DCF) intrinsic value estimate and market multiples indicate it is currently trading at a discount. The DCF model suggests a 44% upside to the current price, valuing shares at around $113, while its P/E ratio of 15.1x is significantly below the industry average of 26.1x. The apparent undervaluation is influenced by recent securities fraud investigations and Q1 2026 guidance cuts, creating a gap between the calculated intrinsic value and current market sentiment.

Simply Wall Street

marketNaNd ago

Skyworks Solutions (SWKS) Stock May Be 15% Undervalued As Earnings Near

Skyworks Solutions (SWKS) stock appears undervalued by roughly 15% according to both Discounted Cash Flow (DCF) estimates and earnings multiples, despite a significant 65.6% share price drop over the last five years. The valuation suggests potential upside, but this could be offset by investor concerns about weakening profitability, ongoing margin pressure, and risks associated with the pending Qorvo acquisition. The market is seemingly pricing in these risks, leading to a lower P/E ratio compared to industry averages and a tailored fair P/E.

Simply Wall Street

marketNaNd ago

Coralogix Named a Leader in the 2026 Gartner® Magic Quadrant™ for Observability Platforms

Coralogix, a data and AI platform for observability, has been recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Observability Platforms. This recognition highlights Coralogix's ability to execute and completeness of vision, particularly as observability evolves from a monitoring tool into a critical intelligence layer driven by AI-powered applications. The company’s streaming-first architecture integrates various telemetry types and emphasizes AI-native observability, having recently secured $200 million in Series F financing for continued investment and global expansion.

AiThority

marketNaNd ago

Bunge Secures Record Soybean Oil Deal for Brazil SAF Project

Bunge has secured a record five-year deal to supply 300,000 metric tons of certified soybean oil annually to Acelen Renewables for Brazil's first large-scale Sustainable Aviation Fuel (SAF) and renewable diesel biorefinery. This partnership, commencing in 2029, will utilize Brazilian and Argentinian soybean oil to produce SAF and HVO, meeting stringent international sustainability standards. The agreement is set to strengthen Brazil's position in the global renewable fuels market and supports decarbonization efforts in aviation.

ChemAnalyst

marketNaNd ago

Prologis, Inc. $PLD Shares Sold by D.A. Davidson & CO.

D.A. Davidson & Co. reduced its stake in Prologis (NYSE:PLD) by 4.8% during the first quarter, selling 28,820 shares. Despite this sale, the firm still holds 566,692 shares valued at approximately $74.9 million. Prologis recently reported strong Q1 earnings, beating revenue and EPS estimates, and maintains a "Moderate Buy" consensus rating from analysts with an average price target of $152.

MarketBeat

marketNaNd ago

Goehring & Rozencwajg Associates LLC Sells 114,332 Shares of Freeport-McMoRan Inc. $FCX

Goehring & Rozencwajg Associates LLC significantly reduced its stake in Freeport-McMoRan Inc. by 48.1% in the first quarter, selling over 114,000 shares. Despite this sell-off, Freeport-McMoRan maintains a "Moderate Buy" consensus rating from analysts with an average target price of $68.77, following strong quarterly results that surpassed earnings and revenue expectations. Other institutional investors showed mixed activity, with some increasing and others initiating positions in the company.

MarketBeat

marketNaNd ago

D.A. Davidson & CO. Trims Stake in Amgen Inc. $AMGN

D.A. Davidson & CO. reduced its stake in Amgen Inc. by 2.7% in the first quarter, selling 6,632 shares and retaining 241,522 shares valued at approximately $84.98 million. Amgen exceeded first-quarter earnings expectations, reporting an EPS of $5.15 on revenue of $8.62 billion, a 5.8% increase year-over-year. Despite mixed analyst sentiment with a "Hold" consensus, several institutional investors have increased their holdings in Amgen.

MarketBeat

marketNaNd ago

D.A. Davidson & CO. Raises Holdings in Altria Group, Inc. $MO

D.A. Davidson & Co. significantly increased its stake in Altria Group, acquiring an additional 27,055 shares, bringing its total holding to 364,763 shares valued at approximately $24.1 million. This increase follows Altria's strong quarterly performance, where the company exceeded EPS and revenue estimates and raised its full-year 2026 guidance. Altria continues to attract income investors with a 6.0% dividend yield and a $1.06 quarterly payout, despite its high payout ratio of 88.7%.

MarketBeat

marketNaNd ago

D.A. Davidson & CO. Boosts Stake in Autodesk, Inc. $ADSK

D.A. Davidson & CO. increased its stake in Autodesk, Inc. (NASDAQ:ADSK) by 7.7% in the first quarter, now holding 108,244 shares valued at $25.9 million. This comes as Autodesk reported stronger-than-expected quarterly earnings with an EPS of $2.99 and revenue of $1.93 billion, surpassing consensus estimates. Despite target price cuts from some analysts, the stock maintains a "Moderate Buy" consensus rating.

MarketBeat

marketNaNd ago

D.A. Davidson & CO. Raises Stake in Verizon Communications Inc. $VZ

D.A. Davidson & CO. increased its stake in Verizon Communications Inc. by 10.7% in the first quarter, now holding 648,540 shares valued at $32.6 million. Wall Street analysts have a mixed view on Verizon, with a consensus "Hold" rating and an average price target of $50.09. The company recently exceeded Q1 EPS estimates and declared a quarterly dividend of $0.7075, offering an annualized yield of about 6.6%.

MarketBeat

marketNaNd ago

D.A. Davidson & CO. Cuts Stock Position in Cummins Inc. $CMI

D.A. Davidson & CO. reduced its stake in Cummins Inc. (NYSE:CMI) by 10.3% in the first quarter, though CMI remains its 21st largest position, valued at $146.1 million. Cummins exceeded earnings expectations, reporting EPS of $6.15 and revenue of $8.40 billion, and increased its quarterly dividend to $2.20 per share. Analysts maintain a "Moderate Buy" consensus rating with an average target price of $739.43 for the company.

MarketBeat

marketNaNd ago

D.A. Davidson & CO. Decreases Stock Position in Deere & Company $DE

D.A. Davidson & CO. reduced its stake in Deere & Company by 2.7% in the first quarter, selling 2,206 shares but still holding 80,570 shares valued at approximately $45.4 million. Despite the decrease, Deere reported stronger-than-expected earnings of $6.55 EPS on $13.37 billion in revenue, exceeding analyst estimates, and announced a quarterly dividend of $1.62 per share. Analysts maintain a "Moderate Buy" rating with an average price target of $642.98 for the company.

MarketBeat

marketNaNd ago

Goehring & Rozencwajg Associates LLC Has $25.31 Million Stock Holdings in Oceaneering International, Inc. $OII

Goehring & Rozencwajg Associates LLC significantly increased its stake in Oceaneering International, Inc. by 25.5% in Q1, holding 713,586 shares valued at $25.31 million. Despite this, analysts maintain a cautious "Hold" rating for the stock, with an average price target of $38.33. The article also notes recent insider selling by CEO Roderick A. Larson and Oceaneering's mixed Q1 earnings, with revenue exceeding estimates but EPS falling short.

MarketBeat

marketNaNd ago

D.A. Davidson & CO. Acquires 11,296 Shares of PepsiCo, Inc. $PEP

D.A. Davidson & CO. increased its stake in PepsiCo, Inc. by 2.2% during the first quarter, purchasing an additional 11,296 shares to bring its total holding to 524,014 shares valued at $81.4 million. PepsiCo recently reported strong quarterly results, beating EPS and revenue expectations, and increased its quarterly dividend. However, Wall Street sentiment is mixed to cautious, with several analysts issuing price target cuts and a downgrade due to concerns about the company's turnaround and consumer demand trends.

MarketBeat

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