Notable Analyst Upgrades and Downgrades for Week of May 30 2022

 

Upgrades:

 

Linde (NYSE:LIN) was upgraded by Evercore ISI to an "outperform" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

LIN has been the topic of a number of other reports. Credit Suisse Group began coverage on shares of Linde in a research report on Tuesday. They set an "outperform" rating and a $380.00 price objective on the stock. BMO Capital Markets lowered their price objective on shares of Linde from $405.00 to $365.00 and set an "outperform" rating on the stock in a research report on Monday, February 14th. Jefferies Financial Group began coverage on shares of Linde in a research report on Wednesday, March 30th. They set a "buy" rating and a $390.00 price objective on the stock. HSBC boosted their target price on shares of Linde from $366.00 to $382.00 and gave the stock a "buy" rating in a research report on Friday, February 18th. Finally, Zacks Investment Research raised shares of Linde from a "sell" rating to a "hold" rating and set a $312.00 target price for the company in a research report on Monday, February 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat, Linde currently has an average rating of "Buy" and a consensus price target of $367.14. Read more …

 

Magellan Midstream Partners (NYSE:MMP) was upgraded by stock analysts at Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research report issued to clients and investors on Tuesday, The Fly reports.

A number of other analysts have also commented on MMP. TD Securities boosted their target price on Magellan Midstream Partners from $51.00 to $52.00 and gave the company a "hold" rating in a research report on Friday, May 6th. Morgan Stanley boosted their target price on Magellan Midstream Partners from $50.00 to $54.00 and gave the company an "underweight" rating in a research report on Tuesday, April 26th. JPMorgan Chase & Co. raised Magellan Midstream Partners from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $52.00 to $57.00 in a research report on Wednesday, May 25th. StockNews.com started coverage on Magellan Midstream Partners in a research report on Thursday, March 31st. They issued a "hold" rating for the company. Finally, Mizuho boosted their target price on Magellan Midstream Partners from $50.00 to $52.00 and gave the company a "neutral" rating in a research report on Wednesday, March 30th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $52.30. Read more …

 

Danaher (NYSE:DHR) was upgraded by investment analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other research analysts have also recently commented on the company. William Blair restated an "outperform" rating on shares of Danaher in a research report on Friday, April 22nd. UBS Group decreased their target price on Danaher from $365.00 to $340.00 in a research report on Sunday, April 24th. StockNews.com cut Danaher from a "buy" rating to a "hold" rating in a research report on Friday, April 22nd. Zacks Investment Research cut Danaher from a "buy" rating to a "hold" rating and set a $278.00 target price on the stock. in a research report on Monday, April 25th. Finally, Robert W. Baird decreased their target price on Danaher from $334.00 to $319.00 and set an "outperform" rating on the stock in a research report on Friday, April 22nd. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $331.14. Read more …

 

 

Xylem (NYSE:XYL) was upgraded by investment analysts at Cowen from a "market perform" rating to an "outperform" rating in a research report issued to clients and investors on Wednesday, Briefing.com reports. The firm currently has a $75.00 target price on the industrial products company's stock. Cowen's price objective indicates a potential downside of 10.98% from the stock's current price.

Other analysts have also recently issued reports about the company. Stifel Nicolaus dropped their price objective on Xylem from $100.00 to $90.00 and set a "hold" rating for the company in a report on Monday, April 18th. Raymond James raised Xylem from an "underperform" rating to a "market perform" rating in a report on Tuesday, April 5th. Morgan Stanley dropped their price objective on Xylem from $120.00 to $110.00 and set an "overweight" rating for the company in a report on Monday, April 18th. Zacks Investment Research raised Xylem from a "sell" rating to a "hold" rating and set a $89.00 price target for the company in a research note on Thursday, May 12th. Finally, TheStreet cut Xylem from a "b" rating to a "c+" rating in a research note on Monday, February 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Xylem has an average rating of "Hold" and a consensus price target of $108.55. Read more …

 

Dividend Increases Weeks 14 and 15

 

In this article, I will go through the weekly dividend increases and cuts in popular and well-known stocks. (Member of The Dividend Champions or Canadian All-Star list)

 

Recently, 10 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period. This is the first part of the week’s notifications.

Most Significant Insider Trades: Week of September 27, 2021

 

Disposals:

 

Broadcom Inc. (NASDAQ:AVGO) Director Eddy W. Hartenstein sold 4,517 shares of the business’s stock in a transaction dated Thursday, September 23rd. The stock was sold at an average price of $504.92, for a total transaction of $2,280,723.64. The transaction was disclosed in a filing with the SEC, which is available through this link.

Eddy W. Hartenstein also recently made the following trade(s):

On Friday, September 10th, Eddy W. Hartenstein sold 4,811 shares of Broadcom stock. The stock was sold at an average price of $499.12, for a total transaction of $2,401,266.32.

Read more …

 

Broadcom Inc. (NASDAQ:AVGO) insider Mark David Brazeal sold 3,150 shares of Broadcom stock in a transaction that occurred on Monday, September 27th. The stock was sold at an average price of $504.09, for a total value of $1,587,883.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Mark David Brazeal also recently made the following trade(s):

On Friday, September 10th, Mark David Brazeal sold 9,453 shares of Broadcom stock. The shares were sold at an average price of $502.38, for a total transaction of $4,748,998.14.

Shares of AVGO traded down $1.54 during mid-day trading on Wednesday, hitting $489.48. The company’s stock had a trading volume of 1,578,263 shares, compared to its average volume of 1,843,219. The firm has a market capitalization of $201.48 billion, a PE ratio of 36.43, a price-to-earnings-growth ratio of 1.38 and a beta of 0.93. Broadcom Inc. has a one year low of $344.42 and a one year high of $510.70. The stock’s 50-day moving average is $489.69 and its two-hundred day moving average is $474.36. The company has a debt-to-equity ratio of 1.65, a quick ratio of 2.23 and a current ratio of 2.41. Read more …

 

Zoetis Inc. (NYSE:ZTS) EVP Roxanne Lagano sold 1,315 shares of Zoetis stock in a transaction dated Thursday, September 23rd. The stock was sold at an average price of $202.17, for a total value of $265,853.55. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Roxanne Lagano also recently made the following trade(s):

On Monday, August 23rd, Roxanne Lagano sold 9,603 shares of Zoetis stock. The stock was sold at an average price of $207.07, for a total value of $1,988,493.21.

On Thursday, July 22nd, Roxanne Lagano sold 22,450 shares of Zoetis stock. The shares were sold at an average price of $199.18, for a total transaction of $4,471,591.00.

Shares of ZTS stock traded down $6.96 during trading on Monday, reaching $197.77. The company had a trading volume of 86,716 shares, compared to its average volume of 1,790,371. Zoetis Inc. has a one year low of $141.41 and a one year high of $210.10. The firm’s 50 day simple moving average is $203.57 and its two-hundred day simple moving average is $184.10. The company has a debt-to-equity ratio of 1.51, a current ratio of 3.37 and a quick ratio of 2.51. The company has a market capitalization of $93.73 billion, a PE ratio of 49.47, a PEG ratio of 3.31 and a beta of 0.64. Read more …

 

 

General Mills, Inc. (NYSE:GIS) insider Shawn P. Ogrady sold 28,614 shares of the firm’s stock in a transaction that occurred on Friday, September 24th. The shares were sold at an average price of $60.48, for a total transaction of $1,730,574.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of GIS traded down $0.31 during mid-day trading on Tuesday, hitting $59.34. 49,048 shares of the company’s stock were exchanged, compared to its average volume of 4,146,430. The firm has a market cap of $35.98 billion, a price-to-earnings ratio of 15.78, a price-to-earnings-growth ratio of 2.06 and a beta of 0.57. The stock’s 50-day simple moving average is $58.83 and its 200-day simple moving average is $60.45. General Mills, Inc. has a 52 week low of $53.96 and a 52 week high of $64.65. The company has a quick ratio of 0.48, a current ratio of 0.70 and a debt-to-equity ratio of 1.00. Read more …

 

Williams-Sonoma, Inc. (NYSE:WSM) insider Ryan Ross sold 2,540 shares of the business’s stock in a transaction on Friday, September 24th. The stock was sold at an average price of $191.18, for a total value of $485,597.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Ryan Ross also recently made the following trade(s):

On Tuesday, September 21st, Ryan Ross sold 2,700 shares of Williams-Sonoma stock. The shares were sold at an average price of $185.57, for a total value of $501,039.00.

On Wednesday, July 7th, Ryan Ross sold 2,400 shares of Williams-Sonoma stock. The shares were sold at an average price of $165.00, for a total transaction of $396,000.00.

NYSE:WSM traded down $2.70 during trading hours on Tuesday, reaching $191.76. 877,427 shares of the stock were exchanged, compared to its average volume of 1,194,952. The stock has a market cap of $14.26 billion, a PE ratio of 15.25, a PEG ratio of 1.15 and a beta of 1.68. The firm has a 50 day moving average of $170.40 and a 200 day moving average of $168.91. Williams-Sonoma, Inc. has a twelve month low of $87.94 and a twelve month high of $204.41. Read more …

 

 

Acquisitions:

 

Agree Realty Co. (NYSE:ADC) Director John Rakolta, Jr. bought 20,273 shares of the firm’s stock in a transaction that occurred on Monday, September 27th. The shares were purchased at an average cost of $67.73 per share, for a total transaction of $1,373,090.29. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Read more …

 

Agree Realty Co. (NYSE:ADC) Chairman Richard Agree bought 6,000 shares of the firm’s stock in a transaction on Tuesday, September 28th. The shares were acquired at an average cost of $67.06 per share, with a total value of $402,360.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of ADC traded down $1.19 during midday trading on Thursday, hitting $66.23. 379,534 shares of the company traded hands, compared to its average volume of 619,571. The stock has a market cap of $4.56 billion, a price-to-earnings ratio of 41.36 and a beta of 0.31. The firm has a 50 day moving average of $73.02 and a 200-day moving average of $71.11. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.69 and a current ratio of 2.69. Agree Realty Co. has a 52 week low of $61.27 and a 52 week high of $75.95. Read more …

 

 

Broadcom Inc. (NASDAQ:AVGO) Director Raul J. Fernandez purchased 152 shares of the firm’s stock in a transaction on Wednesday, September 29th. The stock was acquired at an average cost of $489.54 per share, for a total transaction of $74,410.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Broadcom stock traded up $2.42 during mid-day trading on Friday, reaching $487.35. 1,605,145 shares of the company were exchanged, compared to its average volume of 1,840,542. The company has a debt-to-equity ratio of 1.65, a quick ratio of 2.23 and a current ratio of 2.41. Broadcom Inc. has a 12-month low of $344.42 and a 12-month high of $510.70. The firm has a market cap of $200.60 billion, a P/E ratio of 35.85, a PEG ratio of 1.34 and a beta of 0.93. The business has a fifty day moving average of $490.07 and a 200 day moving average of $474.54. Read more …