Summary: Gilead Sciences is considered a superior stock compared to Kymera Therapeutics based on profitability, analyst recommendations, earnings, and valuation.
Full articleSummary: Alex Lowes takes his fourth podium finish of 2024 at a circuit that has been challenging for KRT riders in the past, despite some hot track conditions. Both Lowes and Axel Bassani showed strong performances in the recent races at Misano, with Lowes currently in fourth place overall and Bassani in 11th. The Kawasaki team is in third place in the Manufacturers’ Championship standings.
Full articleSummary: Gilead Sciences Inc is examined for financial health, with a focus on liquidity and debt levels to determine its ability to handle cyclical downturns and strategic spending for future growth.
Full articleSummary: 1. TKG Advisors LLC increased its position in Caterpillar Inc. by 111.2% in the 4th quarter. 2. Several other hedge funds also made changes to their positions in CAT. 3. Analysts have set new price targets for Caterpillar shares.
Full articleSummary: ConocoPhillips CEO stated the company will not pursue significant acquisitions or merger opportunities in the near future. The company reported increased reserves in 2006 due to previous acquisitions. CEO emphasized value for shareholders through share repurchase and interest in Arctic exploration.
Full articleSummary: ExxonMobil Corp. announced plans to invest close to $190 billion over the next five years to double exploration acreage in oil-rich areas. The company aims to boost output and earnings, focusing on oil projects over natural gas. Total output is expected to increase by about 4% annually until 2017.
Full articleSummary: ConocoPhillips CEO Jim Mulva highlighted the importance and future prospects of natural gas, emphasizing its abundance, cleanliness, and reasonable cost. He expressed concerns over the lack of coordinated policies on energy and climate in the United States.
Full articleSummary: UPS (NYSE: UPS) is on the road to recovery, expecting an increase in adjusted operating profit in the second half of 2024, cutting costs and focusing on medium-term growth plans including technology investments and targeted revenue growth in high-margin end markets.
Full articleSummary: Philip Morris International Inc. is about to go ex-dividend in the next 4 days, offering a dividend of US$1.30 per share. The company has paid a total of US$5.20 per share over the last 12 months, with a trailing yield of around 5.1%. However, the dividend payments are not covered by profits but by cash flow. With flat earnings over the past five years and a high payout ratio, it may not be the most suitable dividend stock for long-term investors.
Full articleSummary: Mitsubishi Caterpillar Forklift America Inc. is celebrating 25 years of material handling production and distribution, showing continued growth and innovation in forklift products and facility expansions.
Full articleSummary: Apple and Broadcom were among 10 large cap stocks with biggest gains in the last week.
Full articleSummary: Beyond, Inc. (NYSE: BYON) reached a new 52-week low, accompanied by various analysts lowering their price targets and maintaining neutral to buy ratings. Additionally, the company reported negative earnings and insiders made significant purchases of company stock.
Full articleSummary: WTI crude oil had a strong week, Energy sector stocks like XLE underperformed, but Exxon Mobil (NYSE:XOM) gains buy rating for its potential despite recent challenges and a buyback may boost shares.
Full articleSummary: American International Group Inc. reduced its holdings in RTX Co. by 2.0% during the 4th quarter, according to its most recent SEC filing. Several other hedge funds also made changes to their positions in RTX. RTX recently declared a quarterly dividend and analysts set new price targets for the stock.
Full articleSummary: Raleigh Capital Management Inc. reduced its holdings in RTX Co. significantly in the 4th quarter, while other hedge funds and institutional investors modified their positions as well. Analysts have provided mixed ratings for RTX stock, with a consensus of 'Hold' and an average price target of $98.33. Insiders, including CEO Gregory Hayes, have been involved in selling shares of RTX. RTX stock was trading down by 0.8%.
Full articleSummary: V Square Quantitative Management LLC increased its holdings in Texas Instruments by 57.3% in the fourth quarter, with a number of other large investors also buying shares. Texas Instruments stock was reported down 1.2%, and the company announced a quarterly dividend. Wall Street analysts forecast growth for the stock.
Full articleSummary: Forthright Family Wealth Advisory LLC acquired a new position in shares of Philip Morris International Inc., along with several other hedge funds and institutional investors increasing their stakes. In addition, Philip Morris International stock prices have risen by 0.2%. The company also announced a quarterly dividend, with Wall Street analysts giving mixed ratings to the stock.
Full articleSummary: Auxier Asset Management decreased its holdings in Bank of New York Mellon by 1.9% during the fourth quarter, with several other institutional investors also modifying their positions. Insiders at Bank of New York Mellon sold a significant amount of company stock in the last three months. Analysts have given the stock a consensus rating of "Moderate Buy" and a consensus target price of $60.17.
Full articleSummary: Scarborough Advisors LLC acquired a new stake in The Bank of New York Mellon Co. (NYSE:BK) in the fourth quarter, according to its most recent 13F filing. Several analysts have set price targets and ratings for the stock. Insiders at Bank of New York Mellon have been active with stock sales. The stock opened at $58.02 on Friday and recently announced a quarterly dividend.
Full articleSummary: American Trust increased its holdings in PepsiCo by 0.3% during the 4th quarter, with the fund owning 32,262 shares worth $5,479,000. Several other large investors have also bought shares of PepsiCo. Analysts set new price targets, with six rating the stock as a hold and six issuing a buy rating. Insider activity included CEO Krishnan selling 5,620 shares. PepsiCo's stock was up 0.3%.
Full articleSummary: Raleigh Capital Management Inc. reduced its stake in United Parcel Service by 2.9% during the fourth quarter, while other institutional investors have increased their positions in UPS. Wall Street analysts have mixed ratings on UPS, with an average price target of $164.95. UPS reported Q1 earnings that beat estimates and announced a quarterly dividend yielding 4.81%.
Full articleSummary: Sierra Summit Advisors LLC acquired a new position in shares of Bristol-Myers Squibb in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 14,719 shares of the biopharmaceutical company’s stock, valued at approximately $755,000. Several analysts have recently weighed in on the company with a consensus rating of 'Hold' and an average target price of $60.00. Bristol-Myers Squibb reported positive quarterly earnings beating analysts' estimates.
Full articleSummary: Scarborough Advisors LLC purchased a new position in shares of American Tower Co. during the fourth quarter, several other large institutional investors have also increased their positions in the company. Wall Street analysts have issued various ratings on AMT shares ranging from 'hold' to 'strong-buy'. Insiders have been selling shares of the company. American Tower last posted its earnings results on April 30th, missing the consensus estimate. The company also declared a quarterly dividend to be paid on July 12th.
Full articleSummary: Sierra Summit Advisors LLC acquired a new position in Comcast during the fourth quarter, buying 17,896 shares valued at $785,000. Several other large investors also increased their holdings of the company. Comcast's stock is trading down 0.4% and the company announced a quarterly dividend. Insiders have sold shares recently. Wall Street analysts forecast growth for CMCSA.
Full articleSummary: Chelsea Counsel Co. lowered its stake in Amgen by 4.9% in the 4th quarter. Several other large investors also added to or reduced their stakes in the stock. Wall Street analysts forecast growth for Amgen. Insider Nancy A. Grygiel sold shares of Amgen at an average price of $313.09.
Full articleSummary: American International Group Inc. reduced its stake in Bristol-Myers Squibb by 6.1% in the last quarter, selling 33,347 shares. Other institutional investors also modified their holdings of the stock in the fourth quarter. Analysts have given Bristol-Myers Squibb various ratings, with an average of 'hold' and a consensus target price of $60.00. The company recently reported earnings, beating EPS estimates.
Full articleSummary: Napa Wealth Management acquired a new position in MetLife, Inc. and several other institutional investors also made changes to their positions. Insider activity includes a significant sale by EVP Bill Pappas. Wall Street analysts have issued a mix of ratings for MetLife, with a consensus target price of $79.08. MetLife has announced a share buyback plan and increased its quarterly dividend.
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