Banking & Finance

Banking & Finance News

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Showing 55–72 of 253 stories

ProVise Management Group LLC Has $282,000 Position in CarMax, Inc. $KMX

ProVise Management Group LLC significantly reduced its stake in CarMax, Inc. (NYSE:KMX) by 95.2% in the second quarter, now holding 5,340 shares valued at $282,000. Despite this, other hedge funds increased their positions in CarMax, with notable acquisitions by SRS Investment Management LLC and AQR Capital Management LLC. The article also details CarMax's recent financial performance, analyst ratings, and insider trading activity, including purchases by the CEO and a director.

MMarketBeat

Banking & Finance14h ago

Oppenheimer Asset Management Inc. Buys New Shares in Restaurant Brands International Inc. $QSR

Oppenheimer Asset Management Inc. has acquired a new position in Restaurant Brands International Inc. (NYSE:QSR), purchasing 189,733 shares valued at approximately $13.76 million. The company's stock is largely owned by institutional investors and hedge funds, accounting for 82.29%. Restaurant Brands International reported strong Q2 earnings, exceeding analyst estimates with an EPS of $1.07 and revenue of $2.52 billion, while also declaring a quarterly dividend of $0.65 per share.

MMarketBeat

Banking & Finance14h ago

Summit Global Investments Acquires Shares of 23,509 Buckle, Inc. (The) $BKE

Summit Global Investments recently acquired 23,509 shares of Buckle, Inc. (BKE) valued at approximately $992,000, adding to the 53.93% institutional ownership of the retailer. Buckle reported strong quarterly results, exceeding analyst expectations with an EPS of $0.92 and revenue of $288.74 million. Despite a consensus "Hold" rating from analysts and a target price of $46.00, the company announced a quarterly dividend of $0.35, representing a 3.2% yield.

MMarketBeat

Banking & Finance14h ago

Pecaut & CO. Makes New $4.38 Million Investment in AutoNation, Inc. $AN

Pecaut & CO. has initiated a new $4.38 million investment in AutoNation, acquiring 23,570 shares, representing approximately 0.07% of the company. AutoNation, the largest automotive retailer in the U.S., saw its stock open at $209.29 and has a "Moderate Buy" consensus rating from analysts with a $250 price target. The company recently reported better-than-expected quarterly EPS of $5.56, though revenue slightly declined year-over-year.

MMarketBeat

Banking & Finance14h ago

532 Shares in AutoZone, Inc. $AZO Acquired by Summit Global Investments

Summit Global Investments recently acquired 532 shares of AutoZone, Inc. (NYSE:AZO) valued at approximately $1.7 million during the second quarter, adding to the 92.74% institutional ownership of the company. AutoZone reported strong quarterly earnings, exceeding EPS expectations and showing an 8.4% year-over-year revenue increase, alongside authorizing a $1.5 billion share-repurchase program. Despite recent price target reductions from analysts, the stock maintains a "Moderate Buy" consensus with an average target price significantly above its current trading level.

MMarketBeat

Banking & Finance14h ago

7,271 Shares in Matson, Inc. $MATX Purchased by Summit Global Investments

Summit Global Investments recently acquired 7,271 shares of Matson, Inc. (NYSE:MATX) stock, valued at approximately $1.398 million, according to its latest SEC filing. This comes as several other institutional investors have also adjusted their holdings in the shipping company. Analysts generally have a "Buy" rating on Matson, forecasting continued growth and increased price targets.

MMarketBeat

Banking & Finance14h ago

42,649 Shares in Werner Enterprises, Inc. $WERN Purchased by Walleye Capital LLC

Walleye Capital LLC purchased 42,649 shares of Werner Enterprises (NASDAQ:WERN) valued at approximately $1.86 million during the second quarter, making it one of many institutional investors holding significant stakes in the transportation company. Despite this, analyst sentiment remains cautious, with a consensus "Hold" rating and a target price of $41.54, following recent earnings that missed expectations and target price cuts from several firms. Werner Enterprises also announced a quarterly dividend of $0.14 per share, reflecting a 1.4% annualized yield.

MMarketBeat

Banking & Finance14h ago

Summit Global Investments Makes New $1.98 Million Investment in EOG Resources, Inc. $EOG

Summit Global Investments has acquired a new stake of 15,277 shares in EOG Resources, Inc., valued at approximately $1.98 million. The energy exploration company recently reported strong quarterly earnings, beating analyst estimates with an EPS of $5.07 and revenue of $8.62 billion, a 57.4% increase year-over-year. Despite institutional ownership of nearly 90%, analysts currently have a "Hold" rating on the stock with an average price target of $156.21.

MMarketBeat

Banking & Finance14h ago

Qsemble Capital Management LP Reduces Stock Position in Occidental Petroleum Corporation $OXY

Qsemble Capital Management LP significantly reduced its stake in Occidental Petroleum Corporation by 65.1% in the second quarter, selling 127,456 shares and retaining 68,415 shares valued at approximately $3.3 million. Despite this reduction, institutional investors collectively still own 88.7% of OXY. The company recently reported strong quarterly earnings, exceeding estimates, and analysts maintain a generally constructive "Hold" rating with a $65 price target, while the quarterly dividend has also been increased.

MMarketBeat

Banking & Finance14h ago

Occidental Petroleum Corporation $OXY Shares Bought by TD Asset Management Inc

TD Asset Management Inc. significantly increased its holdings in Occidental Petroleum Corporation (NYSE:OXY) by 47.5% in the second quarter of 2026, acquiring an additional 229,782 shares, bringing its total to 713,272 shares valued at approximately $34.6 million. This comes after Occidental Petroleum reported strong quarterly results, beating analyst expectations with an EPS of $2.40 and revenue of $8.06 billion, a 53.4% year-over-year increase. The company also raised its quarterly dividend to $0.28 per share, while analysts maintain a "Hold" rating with an average price target of $65.

MMarketBeat

Banking & Finance14h ago

TD Asset Management Inc Has $1.07 Billion Stock Holdings in TC Energy Corporation $TRP

TD Asset Management Inc. reduced its stake in TC Energy Corporation (NYSE:TRP) by 25.6% in the second quarter, selling 5.55 million shares but retaining 16.13 million shares valued at approximately $1.07 billion. TC Energy reported strong quarterly earnings with an EPS of $0.68, beating estimates, and declared a quarterly dividend of $0.8775, representing a 5.5% annualized yield. Analysts have a "Moderate Buy" consensus rating for the stock with an average price target of $89.00.

MMarketBeat

Banking & Finance14h ago

Summit Global Investments Makes New Investment in Sysco Corporation $SYY

Summit Global Investments recently acquired 22,316 shares of Sysco Corporation (NYSE:SYY) valued at approximately $1.865 million. This comes as Sysco reported strong quarterly results, exceeding EPS and revenue expectations. Analyst sentiment remains mixed, with the stock holding a consensus "Hold" rating and an average price target of $89.50.

MMarketBeat

Banking & Finance14h ago

Western Midstream Partners (NYSE:WES) Stock Rating Upgraded by Zacks Research

Zacks Research has upgraded Western Midstream Partners (NYSE:WES) from a "hold" to a "strong-buy" rating. This upgrade comes after the company reported strong quarterly earnings, beating analyst expectations with $0.99 EPS and $1.22 billion in revenue, a 30% year-over-year increase. The stock opened near its 52-week high, and institutional investors hold a significant portion of its shares.

MMarketBeat

Banking & Finance14h ago

Todd Asset Management LLC Buys 11,568 Shares of ONEOK, Inc. $OKE

Todd Asset Management LLC increased its stake in ONEOK, Inc. by 2.1% during the second quarter, purchasing an additional 11,568 shares, bringing its total to 551,498 shares valued at approximately $47.9 million. ONEOK recently reported strong quarterly earnings of $1.53 per share, exceeding consensus estimates, and revenue of $12.05 billion. The company also declared a quarterly dividend of $1.07 per share, representing an annualized yield of 4.5%, and maintains a "Moderate Buy" consensus rating from analysts.

MMarketBeat

Banking & Finance14h ago

PHINIA (PHIN) Could Be 19% Undervalued As Sustainability Report Sharpens Its Growth Story

PHINIA (PHIN) has released its third annual Sustainability Report, highlighting progress in ESG priorities and investments in lower/zero-carbon technologies. Despite recent share price cooling, a narrative suggests PHINIA is 19% undervalued with a fair value of $92, driven by its shift to diversified energy sources and the SEM acquisition. However, its reliance on internal combustion engine components and high P/E ratio compared to industry averages present risks and offer mixed signals on its valuation.

SSimply Wall Street

Banking & Finance14h ago

TD Asset Management Inc Sells 105,482 Shares of Williams Companies, Inc. (The) $WMB

TD Asset Management Inc reduced its stake in Williams Companies (NYSE:WMB) by 16.1% in Q2, selling 105,482 shares and retaining 548,337 shares valued at $40.8 million. Other institutional investors also adjusted their holdings. Analysts maintain a "Buy" rating for WMB with an average target price of $85.33, while the company reported Q2 EPS of $0.50 and revenue of $3.05 billion, and declared a quarterly dividend of $0.525.

MMarketBeat

Banking & Finance15 Aug

Sysco (NYSE:SYY): A Dividend Quality Pick for Income

Sysco (NYSE:SYY) is highlighted as a quality dividend pick due to its strong dividend rating of 7, profitability rating of 7, and health rating of 5, passing ChartMill's "Best Dividend" screen. The article details Sysco's dividend yield of 2.61%, consistent dividend history, and solid profitability metrics like a 15.45% return on invested capital. While the company carries some leverage and its health rating is moderate, it is considered a steady income position rather than a high-growth stock.

CChartMill

Banking & Finance15 Aug

BKNG|Booking Holdings Inc|Price:212.060|Chg%:-1.280

This article provides a detailed overview of Booking Holdings Inc (BKNG) stock, including its current price, market capitalization, key financial figures, and recent news. It also includes analyst ratings, technical analysis, and a company profile. The stock is currently rated as "Buy" with a target price of $237.955.

TTradingKey