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Earnings
MarketBeat • 11h ago
Jacobs & Co. CA Has $9.72 Million Stock Position in The Boeing Company $BA

Jacobs & Co. CA significantly reduced its stake in The Boeing Company (NYSE:BA) by 16.8% in the second quarter, now holding 44,915 shares valued at $9.72 million. Despite Boeing reporting an 8% increase in quarterly revenue to $24.56 billion, its adjusted loss of $0.76 per share missed analyst expectations. Analysts maintain a "Moderate Buy" rating for Boeing with an average price target of $273, while recent FAA approval for the 737 MAX 7 offers positive sentiment, potential inspections of othe

Earnings
MarketBeat • 11h ago
GoalVest Advisory LLC Buys 8,213 Shares of Teradyne, Inc. $TER

GoalVest Advisory LLC significantly increased its stake in Teradyne, Inc. by 35,708.7% in the second quarter, acquiring 8,213 additional shares to now own 8,236 shares valued at approximately $3.99 million. This makes Teradyne its 19th largest holding, representing 0.7% of its portfolio. The company reported strong Q2 results, with EPS of $2.47 and revenue of $1.33 billion, exceeding estimates, and analysts maintain a "Moderate Buy" rating with an average price target of $396.80.

Earnings
MarketBeat • 11h ago
The Goldman Sachs Group, Inc. $GS Shares Acquired by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC significantly increased its holdings in The Goldman Sachs Group Inc. (NYSE:GS) by 148.7% during the second quarter, bringing their total to 3,529 shares. This comes amidst strong financial performance from Goldman Sachs, which reported better-than-expected quarterly earnings and revenue, leading to a dividend increase. Analysts maintain a "Moderate Buy" rating for the stock with an average price target of $1,062.86.

Earnings
MarketBeat • 11h ago
Sax Wealth Advisors LLC Buys 3,575 Shares of Alphabet Inc. $GOOG

Sax Wealth Advisors LLC increased its stake in Alphabet Inc. (GOOG) by 13.3% in the second quarter, purchasing 3,575 additional shares to bring their total holdings to 30,489 shares valued at $10.8 million. This increase comes as other institutional investors also raised their positions, with institutional ownership now at 27.26%. Alphabet reported strong quarterly revenue of $119.8 billion and EPS of $9.11, exceeding analyst expectations, driven by its AI and cloud operations, though concerns p

Earnings
MarketBeat • 11h ago
Adobe Inc. $ADBE Shares Sold by Jacobs & Co. CA

Jacobs & Co. CA significantly reduced its stake in Adobe Inc. ($ADBE) by 56.7% during the second quarter, selling 18,764 shares and retaining 14,346 shares valued at approximately $2.94 million. Institutional investors still hold a substantial 81.79% of Adobe, despite mixed analyst sentiment that includes several target price cuts and a downgrade from Morgan Stanley. Adobe recently exceeded earnings expectations, authorized a $25 billion share buyback, and launched a unified ChatGPT plug-in for

Earnings
MarketBeat • 11h ago
Oliver Luxxe Assets LLC Sells 11,761 Shares of SouthState Bank Corporation $SSB

Oliver Luxxe Assets LLC reduced its stake in SouthState Bank Corporation (NYSE:SSB) by 33% in the second quarter, selling 11,761 shares and retaining 23,836 shares valued at $2.38 million. Despite this, institutional investors collectively own 89.76% of the company, and analysts maintain a "Moderate Buy" rating with an average price target of $119.64. SouthState Bank recently exceeded earnings estimates with $2.35 EPS and increased its quarterly dividend to $0.66 per share.

Earnings
MarketBeat • 11h ago
Hennion & Walsh Asset Management Inc. Grows Stake in Northrop Grumman Corporation $NOC

Hennion & Walsh Asset Management Inc. increased its stake in Northrop Grumman Corporation (NYSE:NOC) by 13.6% in the second quarter, holding 15,257 shares valued at $7.77 million. Other institutional investors also significantly modified their holdings. Northrop Grumman reported strong quarterly results, beating analyst expectations for EPS and revenue, and increased its quarterly dividend to $2.47 per share, while analysts maintain a "Moderate Buy" rating with an average price target of $655.30

Earnings
MarketBeat • 11h ago
Oliver Luxxe Assets LLC Purchases Shares of 44,202 NRG Energy, Inc. $NRG

Oliver Luxxe Assets LLC acquired 44,202 shares of NRG Energy, Inc. (NYSE:NRG) in the second quarter, bringing the value of their new stake to approximately $6.46 million. This purchase is part of broader institutional investment, with such investors collectively owning 97.72% of NRG Energy. Despite missing consensus EPS estimates in its recent earnings report, analysts maintain a "Moderate Buy" rating for NRG with an average price target of $199.43, and the company announced a quarterly dividend

Earnings
MarketBeat • 12h ago
Maj Invest Holding A S Sells 174,494 Shares of Union Pacific Corporation $UNP

Maj Invest Holding A S significantly reduced its stake in Union Pacific Corporation by selling 174,494 shares, decreasing its holdings by 33.3% during the second quarter. Despite this, Union Pacific remains a substantial part of Maj Invest's portfolio. Several other institutional investors increased their positions in UNP, and the company recently reported strong quarterly earnings, beating analyst estimates, and increased its quarterly dividend.

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