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, 13 companies announced dividend increases. Note
that no dividend cuts or suspensions were announced during this period.
Other equities analysts have also recently issued research
reports about the company. UBS Group started coverage on Arthur J. Gallagher
& Co. in a report on Monday, April 18th. They issued a “neutral” rating and
a $192.00 target price for the company. William Blair reiterated an
“outperform” rating on shares of Arthur J. Gallagher & Co. in a research
report on Thursday, January 27th. Wells Fargo & Company upped their price
target on Arthur J. Gallagher & Co. from $193.00 to $209.00 and gave the
company an “overweight” rating in a research report on Tuesday, April 12th.
Royal Bank of Canada cut their target price on Arthur J. Gallagher & Co.
from $170.00 to $160.00 in a research report on Friday, January 28th. Finally,
Zacks Investment Research upgraded Arthur J. Gallagher & Co. from a “hold”
rating to a “strong-buy” rating and set a $191.00 price target on the stock in
a report on Friday, March 25th. One research analyst has rated the stock with a
sell rating, six have assigned a hold rating, seven have assigned a buy rating
and two have issued a strong buy rating to the stock. According to
MarketBeat.com, Arthur J. Gallagher & Co. currently has an average rating
of “Buy” and a consensus price target of $173.59. Read more ...
A number of other equities research analysts have also
recently commented on the company. StockNews.com initiated coverage on SJW
Group in a report on Thursday, March 31st. They set a hold rating on the stock.
Barclays increased their target price on SJW Group from $70.00 to $73.00 and
gave the company an equal weight rating in a report on Tuesday, March 15th.
Zacks Investment Research cut SJW Group from a hold rating to a sell rating in
a report on Wednesday, March 30th. Finally, Seaport Res Ptn upgraded SJW Group
from a neutral rating to a buy rating in a report on Tuesday, January 25th. One
equities research analyst has rated the stock with a sell rating, two have
issued a hold rating and three have given a buy rating to the stock. According
to MarketBeat, the stock has an average rating of Hold and a consensus target
price of $72.50. Read more ...
A number of other research analysts also recently weighed in
on the stock. Zacks Investment Research upgraded shares of JPMorgan Chase &
Co. from a “sell” rating to a “hold” rating and set a $147.00 price target on
the stock in a report on Monday, March 21st. Morgan Stanley reduced their price
target on JPMorgan Chase & Co. from $170.00 to $161.00 and set an
“underweight” rating for the company in a research report on Monday, March
28th. Barclays set a $200.00 price target on JPMorgan Chase & Co. in a
research note on Wednesday, April 6th. Argus decreased their price target on
JPMorgan Chase & Co. from $177.00 to $155.00 in a research note on
Thursday, April 14th. Finally, Keefe, Bruyette & Woods decreased their
price target on JPMorgan Chase & Co. from $166.00 to $157.00 and set a
“market perform” rating for the company in a research note on Monday, January
17th. One investment analyst has rated the stock with a sell rating, eleven
have assigned a hold rating and seven have assigned a buy rating to the stock.
Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a
consensus price target of $163.72. Read more ...
Other equities analysts also recently issued research
reports about the stock. BMO Capital Markets cut their price target on shares
of Linde from $405.00 to $365.00 and set an "outperform" rating on
the stock in a report on Monday, February 14th. Citigroup increased their price
target on shares of Linde from $381.00 to $400.00 in a report on Tuesday,
January 11th. Jefferies Financial Group started coverage on shares of Linde in
a research note on Wednesday, March 30th. They set a "buy" rating and
a $390.00 price objective on the stock. Morgan Stanley raised their price
objective on shares of Linde from $330.00 to $365.00 and gave the stock an
"overweight" rating in a research note on Tuesday, January 11th.
Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating
and set a $352.00 price objective on shares of Linde in a research note on
Friday. One research analyst has rated the stock with a sell rating, four have
given a hold rating and sixteen have issued a buy rating to the company's
stock. According to MarketBeat, the company currently has an average rating of
"Buy" and a consensus target price of $360.47. Read more ...
MS has been the subject of a number of other research
reports. UBS Group raised their target price on shares of Morgan Stanley from
$119.00 to $125.00 and gave the company a “buy” rating in a research report on
Tuesday, January 4th. BMO Capital Markets raised their target price on shares
of Morgan Stanley from $110.00 to $113.00 and gave the company an “outperform”
rating in a research report on Monday, April 18th. The Goldman Sachs Group set
a $105.00 price target on shares of Morgan Stanley in a research note on
Wednesday, April 20th. Wells Fargo & Company cut their price target on
shares of Morgan Stanley from $104.00 to $94.00 and set an “equal weight”
rating for the company in a research note on Monday, April 4th. Finally, Zacks
Investment Research cut shares of Morgan Stanley from a “buy” rating to a
“hold” rating and set a $91.00 price target for the company. in a research note
on Wednesday, March 16th. Twelve analysts have rated the stock with a hold
rating and eleven have assigned a buy rating to the stock. According to data
from MarketBeat, the stock has an average rating of “Hold” and an average
target price of $106.71. Read more ...
SBUX has been the subject of several other reports. UBS
Group lowered their price objective on Starbucks from $105.00 to $86.00 and set
a “neutral” rating for the company in a research report on Monday, April 25th.
The Goldman Sachs Group cut Starbucks from a “buy” rating to a “neutral” rating
and reduced their price objective for the company from $112.00 to $106.00 in a
research note on Wednesday, February 2nd. Citigroup cut Starbucks from a “buy”
rating to a “neutral” rating and reduced their price objective for the company
from $120.00 to $91.00 in a research note on Monday, April 11th. MKM Partners
cut their price target on Starbucks from $115.00 to $105.00 and set a “buy”
rating on the stock in a research note on Wednesday, April 20th. Finally,
Robert W. Baird cut their price target on Starbucks from $95.00 to $85.00 in a
research note on Monday, April 25th. One analyst has rated the stock with a
sell rating, thirteen have given a hold rating and fourteen have issued a buy
rating to the company’s stock. According to MarketBeat, the stock currently has
a consensus rating of “Hold” and a consensus target price of $102.46. Read more ...
Other research analysts also recently issued research
reports about the company. Barclays downgraded Scotts Miracle-Gro from an
“overweight” rating to an “equal weight” rating and lowered their target price
for the company from $150.00 to $110.00 in a report on Thursday, April 21st.
Wells Fargo & Company reduced their price target on Scotts Miracle-Gro from
$170.00 to $160.00 and set an “overweight” rating for the company in a research
report on Thursday, March 17th. Truist Financial reduced their price target on
Scotts Miracle-Gro from $225.00 to $185.00 in a research report on Tuesday,
March 22nd. Zacks Investment Research upgraded Scotts Miracle-Gro from a “sell”
rating to a “hold” rating and set a $123.00 price target for the company in a
research report on Tuesday, April 12th. Finally, Raymond James reduced their
price target on Scotts Miracle-Gro from $185.00 to $150.00 and set a
“strong-buy” rating for the company in a research report on Monday, March 14th.
One equities research analyst has rated the stock with a sell rating, three
have assigned a hold rating, five have given a buy rating and one has given a
strong buy rating to the stock. According to data from MarketBeat.com, the
company currently has a consensus rating of “Buy” and an average price target
of $180.89. Read more ...
A number of other research firms have also recently issued
reports on KEY. Odeon Capital Group cut KeyCorp from a “buy” rating to a “hold”
rating in a report on Tuesday, April 26th. Citigroup reiterated a “neutral”
rating on shares of KeyCorp in a report on Thursday, March 24th. Jefferies
Financial Group cut KeyCorp from a “buy” rating to a “hold” rating in a report
on Monday, April 11th. Morgan Stanley cut their price objective on KeyCorp from
$30.00 to $27.00 and set an “equal weight” rating for the company in a report
on Monday, March 28th. Finally, Barclays upped their price objective on KeyCorp
from $24.00 to $26.00 in a report on Monday, January 3rd. One investment
analyst has rated the stock with a sell rating, six have assigned a hold
rating, eight have issued a buy rating and one has assigned a strong buy rating
to the company’s stock. Based on data from MarketBeat, the company has a
consensus rating of “Buy” and an average target price of $26.83. Read more ...
Several other research analysts have also issued reports on
the stock. Jefferies Financial Group lifted their price target on shares of
Amgen from $266.00 to $280.00 and gave the stock a “buy” rating in a research
report on Wednesday, February 9th. Wells Fargo & Company raised their price
objective on shares of Amgen from $210.00 to $250.00 and gave the stock an
“equal weight” rating in a research note on Wednesday, February 9th. Barclays
raised their price objective on shares of Amgen from $233.00 to $236.00 and gave
the stock an “equal weight” rating in a research note on Tuesday, April 12th.
TheStreet lowered shares of Amgen from a “b+” rating to a “c+” rating in a
research note on Wednesday, April 27th. Finally, StockNews.com lowered shares
of Amgen from a “strong-buy” rating to a “buy” rating in a research note on
Tuesday, April 5th. One analyst has rated the stock with a sell rating, eleven
have given a hold rating and four have assigned a buy rating to the stock.
According to data from MarketBeat, the company has an average rating of “Hold”
and an average target price of $240.00. Read more ...
AQN has been the subject of a number of other reports. Royal
Bank of Canada restated an "outperform" rating and issued a C$18.00
target price on shares of Algonquin Power & Utilities in a research note on
Tuesday, January 4th. National Bankshares downgraded Algonquin Power &
Utilities to a "hold" rating in a research report on Wednesday. Four
research analysts have rated the stock with a hold rating, four have assigned a
buy rating and one has assigned a strong buy rating to the company's stock.
According to MarketBeat.com, the stock currently has a consensus rating of
"Buy" and an average price target of C$20.00. Read more ...
A number of other equities research analysts also recently
issued reports on CL. TheStreet upgraded shares of Colgate-Palmolive from a c+
rating to a b rating in a research note on Friday, April 29th. StockNews.com
downgraded shares of Colgate-Palmolive from a buy rating to a hold rating in a
research note on Wednesday, April 13th. Stifel Nicolaus reduced their price
target on shares of Colgate-Palmolive from $90.00 to $88.00 in a research note
on Wednesday, April 13th. JPMorgan Chase & Co. reduced their price target
on shares of Colgate-Palmolive from $86.00 to $81.00 and set a neutral rating
on the stock in a research note on Wednesday, March 30th. Finally, Wells Fargo
& Company reduced their price target on shares of Colgate-Palmolive from
$78.00 to $76.00 and set an underweight rating on the stock in a research note
on Monday, January 31st. Two investment analysts have rated the stock with a
sell rating, thirteen have issued a hold rating and three have assigned a buy
rating to the stock. Based on data from MarketBeat.com, the company has a
consensus rating of Hold and a consensus target price of $85.56. Read more ...
Several other equities research analysts also recently
issued reports on the stock. Guggenheim downgraded shares of Consolidated
Edison from a "neutral" rating to a "sell" rating and cut
their price objective for the stock from $77.00 to $71.00 in a research report
on Thursday, January 20th. Morgan Stanley raised their price objective on
shares of Consolidated Edison from $75.00 to $82.00 and gave the stock an
"underweight" rating in a research report on Wednesday, April 20th.
Wolfe Research upgraded shares of Consolidated Edison from an
"underperform" rating to a "peer perform" rating and set a
$82.00 price target for the company in a research report on Thursday, February
17th. KeyCorp lifted their price target on shares of Consolidated Edison from
$71.00 to $72.00 and gave the company an "underweight" rating in a
research report on Wednesday, April 20th. Finally, The Goldman Sachs Group
lifted their price target on shares of Consolidated Edison from $65.00 to
$83.00 and gave the company a "sell" rating in a research report on
Thursday, March 31st. Seven equities research analysts have rated the stock
with a sell rating, five have issued a hold rating and one has given a buy
rating to the company. According to data from MarketBeat.com, the company has a
consensus rating of "Hold" and a consensus price target of $82.83. Read more ...
Several other research firms have also issued reports on K.
StockNews.com initiated coverage on Kellogg in a research note on Thursday,
March 31st. They set a "hold" rating on the stock. BMO Capital
Markets lowered shares of Kellogg from an "outperform" rating to a
"market perform" rating and lowered their price objective for the
company from $75.00 to $70.00 in a research note on Monday, January 31st.
Deutsche Bank Aktiengesellschaft downgraded shares of Kellogg from a
"buy" rating to a "hold" rating and cut their target price
for the stock from $74.00 to $73.00 in a research note on Monday, April 25th.
Bank of America downgraded shares of Kellogg from a "buy" rating to a
"neutral" rating and dropped their price target for the stock from
$76.00 to $70.00 in a research note on Wednesday, January 5th. Finally, UBS
Group assumed coverage on Kellogg in a research report on Wednesday, March
30th. They set a "buy" rating and a $73.00 price objective on the
stock. Two investment analysts have rated the stock with a sell rating, nine
have given a hold rating and three have issued a buy rating to the stock. Based
on data from MarketBeat.com, the stock has an average rating of
"Hold" and an average target price of $66.80. Read more ...
TSN has been the topic of a number of other reports.
Stephens boosted their target price on Tyson Foods from $110.00 to $115.00 and
gave the stock an overweight rating in a research report on Tuesday, February
8th. JPMorgan Chase & Co. boosted their target price on Tyson Foods from
$88.00 to $91.00 and gave the company a neutral rating in a research note on
Tuesday, February 8th. Barclays downgraded Tyson Foods from an overweight
rating to an equal weight rating and boosted their target price for the company
from $95.00 to $100.00 in a research note on Monday, February 14th.
StockNews.com upgraded Tyson Foods from a buy rating to a strong-buy rating in
a research note on Friday, April 15th. Finally, Zacks Investment Research
downgraded Tyson Foods from a buy rating to a hold rating and set a $98.00
target price on the stock. in a research note on Monday, April 11th. One
equities research analyst has rated the stock with a sell rating, seven have
issued a hold rating and three have assigned a buy rating to the stock.
According to MarketBeat.com, Tyson Foods presently has a consensus rating of
Hold and an average price target of $97.33. Read more ...
Several other equities research analysts also recently
issued reports on LEG. StockNews.com raised Leggett & Platt from a
"sell" rating to a "hold" rating in a research note on
Tuesday. Piper Sandler decreased their price target on shares of Leggett &
Platt from $43.00 to $38.00 and set a "neutral" rating for the
company in a report on Thursday, April 7th. Finally, TheStreet cut shares of
Leggett & Platt from a "b-" rating to a "c+" rating in
a report on Friday, March 11th. Three investment analysts have rated the stock
with a hold rating and one has given a buy rating to the company's stock.
According to MarketBeat, Leggett & Platt presently has an average rating of
"Hold" and an average target price of $46.00.
Shares of Leggett & Platt stock opened at $38.34 on
Wednesday. The company's 50-day moving average price is $36.35 and its
two-hundred day moving average price is $39.77. The stock has a market cap of
$5.13 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 1.32
and a beta of 1.30. The company has a current ratio of 1.55, a quick ratio of
0.80 and a debt-to-equity ratio of 1.09. Leggett & Platt has a 52 week low
of $33.80 and a 52 week high of $59.16. Read more ...
ABBV has been the subject of a number of other research
reports. Wells Fargo & Company lifted their price objective on shares of
AbbVie from $165.00 to $200.00 in a research report on Monday. Bank of America
lifted their price objective on shares of AbbVie from $135.00 to $138.00 and
gave the company a "neutral" rating in a research report on Thursday,
February 3rd. BMO Capital Markets lifted their price objective on shares of
AbbVie from $161.00 to $174.00 and gave the company an "outperform"
rating in a research report on Monday, April 25th. Mizuho lifted their target
price on shares of AbbVie from $154.00 to $166.00 and gave the stock a
"buy" rating in a report on Friday, February 4th. Finally, JPMorgan
Chase & Co. lifted their target price on shares of AbbVie from $165.00 to
$180.00 in a report on Thursday, February 3rd. Five equities research analysts
have rated the stock with a hold rating, eleven have assigned a buy rating and
one has assigned a strong buy rating to the company's stock. Based on data from
MarketBeat, the stock presently has an average rating of "Buy" and a
consensus price target of $160.07. Read more ...
Separately, StockNews.com lowered Black Hills from a
"hold" rating to a "sell" rating in a research report on
Wednesday, April 27th. One equities research analyst has rated the stock with a
sell rating, two have given a hold rating and two have given a buy rating to
the stock. According to data from MarketBeat, the stock presently has a
consensus rating of "Hold" and a consensus price target of $75.00.
BKH stock opened at $75.34 on Friday. The company has a
current ratio of 0.90, a quick ratio of 0.73 and a debt-to-equity ratio of
1.43. Black Hills has a 12-month low of $61.95 and a 12-month high of $80.95.
The stock has a market cap of $4.88 billion, a price-to-earnings ratio of
18.69, a PEG ratio of 2.89 and a beta of 0.48. The business's 50-day moving
average is $74.71 and its 200 day moving average is $69.82. Read more ...
It looks like the S&P 500 Index downturn may have ended.
The market declined (-14.6%) from the high of January 4th to the low on
February 24th. This drop was an opportunity for investors to buy high-quality
companies. Since then, the market has increased by ~12.5%. So overall, the
market is down about 6% from its all-time high. However, there are still
companies that have not had a 6%+ run-up. For example, Leggett & Platt Inc.
(LEG), a Dividend King has been falling these past few weeks while the stock
market has increased. However, I see this as an opportunity to continue buying
LEG shares.
Overview of Leggett & Platt (KEG) – A High-Yield
Dividend King
Leggett & Platt Inc was founded in 1883. Today, the
company designs and produces engineered components and products found in most
homes and automobiles. It operates its business through three segments: Bedding
Products, Specialized Products, Furniture, Flooring, and Textile Products. The
company serves a broad suite of customers around the world. Its products
include bedding components, automotive seat support and lumbar systems,
specialty bedding foam and private label finished mattresses, home furniture and
work furniture components, flooring underlayment, adjustable beds, and various
other products.
Total revenue was $5,072.6 million in 2021 and the past 12
months. Roughly 50% of net sales are from bedding, 17% of sales are from
flooring and textiles, 16% of sales are from automotive, and 8% of sales come
from home furniture.
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, 27 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.
The table below summarises the dividend change
announcements. The table shows the current
dividend, the new dividend and the percentage increase (%). Dividends are shown
on an annual basis and in US dollars unless otherwise stated. Yield is the new
dividend yield of the most recent price, and Years is the years of consecutive
dividend increases.
The Home Depot, Inc. operates as a home improvement
retailer. It operates The Home Depot stores that sell various building
materials, home improvement products, building materials, lawn and garden products,
and décor products, as well as provide installation, home maintenance, and
professional service programs to do-it-yourself and professional customers. The
Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
On February 22, HD declared a quarterly dividend of $1.90 per share.
This is a 15.2%
increase from prior dividend of $1.65.
Payable March 24 for
shareholders of record March 10, ex-div March 9.
Farmers National Banc Corp., a financial holding company,
operates in the banking, trust, retirement consulting, insurance, and financial
management industries. It offers commercial and retail banking services,
including checking, savings, and time deposit accounts. The company was founded
in 1887 and is headquartered in Canfield, Ohio.
On February 22, FMNB declared a quarterly dividend of $0.16 per share.
This is a 14.3%
increase from prior dividend of $0.14.
Payable March 31 for
shareholders of record March 11, ex-div march 10.
AMERISAFE, Inc., an insurance holding company, underwrites
workers’ compensation insurance in the United States. Its workers’ compensation
insurance policies provide benefits to injured employees for temporary or permanent
disability, death, and medical and hospital expenses. The company offers
workers’ compensation insurance for small to mid-sized employers engaged in
hazardous industries, principally construction, trucking, logging and lumber,
manufacturing, agriculture, maritime, and oil and gas. The company was
incorporated in 1985 and is headquartered in DeRidder, Louisiana.
On February 22, AMSF declared a quarterly dividend of $0.31 per share.
This is a 6.9%
increase from prior dividend of $0.29.
Payable March 25 for
shareholders of record March 11, ex-div March 10.
Leggett & Platt, Incorporated designs, manufactures, and
markets engineered components and products worldwide. It operates through three
segments: Bedding Products; Specialized Products; and Furniture, Flooring &
Textile Products. The company was founded in 1883 and is based in Carthage,
Missouri.
On February 22, LEG declared a quarterly dividend of $0.42 per share.
This is a 5.0%
increase from prior dividend of $0.40.
Payable April 15 for
shareholders of record March 15, ex-div March 14.
Assured Guaranty Ltd., through its subsidiaries, provides
credit protection products to public finance, infrastructure, and structured
finance markets in the United States and internationally. The company operates
in two segments, Insurance and Asset Management. It offers financial guaranty
insurance that protects holders of debt instruments and other monetary
obligations from defaults in scheduled payments. Assured Guaranty Ltd. was
founded in 2003 and is headquartered in Hamilton, Bermuda.
On February 23, AGO declared a quarterly dividend of $0.25 per share.
This is a 13.6%
increase from prior dividend of $0.22.
Payable March 23 for
shareholders of record March 9, ex-div March 8.
Eaton Corporation plc operates as a power management company
worldwide. Eaton Corporation plc was founded in 1911 and is based in Dublin,
Ireland.
On February 23, ETN declared a quarterly dividend of $0.81 per share.
This is a 6.6%
increase from prior dividend of $0.76.
Payable March 31 for
shareholders of record March 11, ex-div March 10.
Popular, Inc., through its subsidiaries, provides various
retail, mortgage, and commercial banking products and services in Puerto Rico
and the United States. The company provides savings, NOW, money market, and
other interest-bearing demand accounts; non-interest bearing demand deposits;
and certificates of deposit. Popular, Inc. was founded in 1893 and is
headquartered in Hato Rey, Puerto Rico.
On February 23, BPOP declared a quarterly dividend of $0.55 per share.
This is a 22.2%
increase from prior dividend of $0.45.
Payable April 1 for
shareholders of record March 15, ex-div March 14.
Xcel Energy Inc., through its subsidiaries, generates,
purchases, transmits, distributes, and sells electricity. It operates through
Regulated Electric Utility, Regulated Natural Gas Utility, and All Other
segments. The company generates electricity through coal, nuclear, natural gas,
hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources.
On February 23, XEL declared a quarterly dividend of $0.4875 per share.
This is a 6.6%
increase from prior dividend of $0.4575.
Payable April 20 for
shareholders of record March 15, ex-div March 14.
Universal Display Corporation engages in the research,
development, and commercialization of organic light emitting diode (OLED)
technologies and materials for use in display and solid-state lighting
applications. As of February 18, 2021, it owned, exclusively licenses, or had
sole rights to sublicense approximately 5,000 issued and pending patents
worldwide. Universal Display Corporation was founded in 1985 and is
headquartered in Ewing, New Jersey.
On February 23, OLED declared a quarterly dividend of $0.30 per share.
This is a 50.0%
increase from prior dividend of $0.20.
Payable March 31 for
shareholders of record March 17, ex-div March 16.
Danaher Corporation designs, manufactures, and markets
professional, medical, industrial, and commercial products and services
worldwide. The company operates through three segments: Life Sciences,
Diagnostics, and Environmental & Applied Solutions. Danaher Corporation was
founded in 1969 and is headquartered in Washington, the District of Columbia.
On February 23, DHR declared a quarterly dividend of $0.25 per share.
This is a 19.0%
increase from prior dividend of $0.21.
Payable April 29 for
shareholders of record March 25, ex-div March 24.
CTO Realty Growth, Inc. is a Florida-based publicly traded
real estate company, which owns income properties comprised of approximately
2.4 million square feet in diversified markets in the United States and an
approximately 23.5% interest in Alpine Income Property Trust, Inc., a publicly
traded net lease real estate investment trust (NYSE: PINE).
On February 23, CTO declared a quarterly dividend of $1.08 per share.
This is an 8.0%
increase from prior dividend of $1.00.
Payable March 31 for
shareholders of record March 10, ex-div March 9.
Franklin Resources, Inc. is a publicly owned asset
management holding company. Through its subsidiaries, the firm provides its
services to individuals, institutions, pension plans, trusts, and partnerships.
It launches equity, fixed income, balanced, and multi-asset mutual funds
through its subsidiaries. The firm invests in the public equity, fixed income,
and alternative markets. Franklin Resources, Inc. was founded in 1947 and is
based in San Mateo, California with an additional office in Hyderabad, India.
On February 23, BEN declared a quarterly dividend of $0.29 per share.
This is a 3.6% increase
from prior dividend of $0.28.
Payable April 14 for
shareholders of record March 31, ex-div March 30.
Silgan Holdings Inc., together with its subsidiaries,
manufactures and sells rigid packaging for consumer goods products in North
America, Europe, and internationally. It operates through three segments:
Dispensing and Specialty Closures, Metal Containers, and Custom Containers.
Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford,
Connecticut.
On February 23, SLNG declared a quarterly dividend of $0.16 per share.
This is a 14.3%
increase from prior dividend of $0.14.
Payable March 31 for
shareholders of record February 17, ex-div February 16.
First Savings Financial Group, Inc. operates as the bank
holding company for First Savings Bank that provides various financial services
to consumers and businesses in southern Indiana. The company operates through
three segments: Core Banking, SBA Lending, and Mortgage Banking. First Savings
Financial Group, Inc. was incorporated in 2008 and is based in Jeffersonville,
Indiana.
On February 23, FSFG declared a quarterly dividend of $0.13 per share.
This is an 8.3%
increase from prior dividend of $0.12.
Payable March 31 for
shareholders of record March 17, ex-div March 16.
Other equities research analysts have also recently issued
research reports about the stock. Citigroup Inc. 3% Minimum Coupon Principal
Protected Based Upon Russell increased their target price on shares of Exxon
Mobil from $33.00 to $39.00 in a research note on Wednesday, December 9th. BNP
Paribas raised shares of Exxon Mobil from an "underperform" rating to
a "neutral" rating and set a $45.50 price target for the company in a
research report on Monday. Mizuho assumed coverage on shares of Exxon Mobil in
a research report on Tuesday, January 12th. They issued a "neutral"
rating and a $49.00 price target for the company. Truist reissued a
"hold" rating and issued a $39.00 price target (up previously from
$36.00) on shares of Exxon Mobil in a research report on Monday, November 16th.
Finally, Smith Barney Citigroup increased their price target on shares of Exxon
Mobil from $33.00 to $39.00 in a research report on Wednesday, December 9th.
Four analysts have rated the stock with a sell rating, sixteen have issued a
hold rating and eight have assigned a buy rating to the company. Exxon Mobil
has an average rating of "Hold" and a consensus price target of
$48.40. Read
more …
A number of other analysts have also issued reports on the
company. Jefferies Financial Group lowered Air Products and Chemicals from a
“buy” rating to a “hold” rating and lifted their price target for the stock
from $307.00 to $324.00 in a research note on Thursday, January 7th. Deutsche
Bank Aktiengesellschaft lowered their price target on Air Products and Chemicals
from $315.00 to $300.00 and set a “buy” rating on the stock in a research note
on Friday. Wells Fargo & Company lowered their price target on Air Products
and Chemicals from $340.00 to $320.00 and set an “overweight” rating on the
stock in a research note on Thursday, November 12th. Citigroup lowered Air
Products and Chemicals from a “buy” rating to a “neutral” rating and lowered
their price target for the stock from $325.00 to $277.00 in a research note on
Friday. Finally, Barclays reaffirmed a “buy” rating on shares of Air Products
and Chemicals in a research note on Sunday. Six investment analysts have rated
the stock with a hold rating and fourteen have given a buy rating to the
company. The company has an average rating of “Buy” and an average target price
of $295.69. Read
more …
Several other research firms have also recently weighed in
on HSY. Morgan Stanley increased their price target on shares of The Hershey
from $148.00 to $152.00 and gave the company an "equal weight" rating
in a report on Monday, November 9th. Wells Fargo & Company lowered their
price target on shares of The Hershey from $155.00 to $149.00 and set an
"equal weight" rating on the stock in a report on Monday, November
9th. Smith Barney Citigroup initiated coverage on shares of The Hershey in a
report on Monday, October 19th. They issued a "buy" rating on the
stock. Bank of America raised shares of The Hershey from a "neutral"
rating to a "buy" rating and set a $168.00 price target on the stock
in a report on Wednesday, January 6th. Finally, Credit Suisse Group increased
their price target on shares of The Hershey from $172.00 to $175.00 and gave
the company an "outperform" rating in a report on Friday. One
investment analyst has rated the stock with a sell rating, nine have issued a
hold rating and eight have given a buy rating to the stock. The Hershey
presently has a consensus rating of "Hold" and an average price
target of $154.60. Read
more …
A number of other research firms have also weighed in on
TGT. Raymond James increased their target price on Target from $180.00 to
$200.00 and gave the stock a "strong-buy" rating in a research note
on Thursday, November 19th. MKM Partners upgraded Target from a
"sell" rating to a "neutral" rating and increased their
target price for the stock from $127.00 to $156.00 in a research note on
Thursday, November 19th. Cowen increased their price target on Target from
$190.00 to $230.00 and gave the stock an "outperform" rating in a
research report on Thursday, January 14th. Morgan Stanley increased their price
target on Target from $180.00 to $195.00 and gave the stock an "equal
weight" rating in a research report on Wednesday, January 20th. Finally,
Telsey Advisory Group increased their price target on Target from $190.00 to
$225.00 and gave the stock an "outperform" rating in a research
report on Thursday, January 14th. Five equities research analysts have rated
the stock with a hold rating, seventeen have given a buy rating and three have
issued a strong buy rating to the stock. The stock has an average rating of "Buy"
and a consensus target price of $166.48. Read
more …
Shares of NYSE ROK traded down $3.20 during trading on
Monday, hitting $252.73. The company had a trading volume of 15,762 shares,
compared to its average volume of 885,681. Rockwell Automation, Inc. has a 52
week low of $115.38 and a 52 week high of $267.48. The business's 50-day moving
average is $244.58 and its 200 day moving average is $224.86. The company has a
market cap of $29.73 billion, a P/E ratio of 38.84, a PEG ratio of 4.78 and a
beta of 1.47. The company has a debt-to-equity ratio of 1.81, a quick ratio of
1.01 and a current ratio of 1.31.
Rockwell Automation (NYSE:ROK) last issued its earnings
results on Sunday, November 15th. The industrial products company reported
$1.87 earnings per share (EPS) for the quarter, topping the Zacks' consensus
estimate of $1.77 by $0.10. Rockwell Automation had a return on equity of
105.45% and a net margin of 11.85%. The business had revenue of $1.57 billion
for the quarter, compared to analysts' expectations of $1.58 billion. During
the same period in the previous year, the firm posted $2.01 EPS. The company's
quarterly revenue was down 9.3% on a year-over-year basis. On average, research
analysts expect that Rockwell Automation, Inc. will post 7.54 EPS for the
current year. Read
more …
Shares of NYSE:SCHW traded down $0.92 during trading on
Monday, hitting $48.78. 21,639,359 shares of the company were exchanged,
compared to its average volume of 11,916,492. The stock has a market cap of
$93.26 billion, a price-to-earnings ratio of 22.69 and a beta of 1.13. The
Charles Schwab Co. has a fifty-two week low of $28.00 and a fifty-two week high
of $51.65. The firm has a fifty day moving average price of $42.36 and a
two-hundred day moving average price of $37.01. The company has a current ratio
of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.33.
The Charles Schwab (NYSE:SCHW) last posted its quarterly
earnings results on Thursday, October 15th. The financial services provider
reported $0.48 earnings per share for the quarter, topping the Thomson Reuters'
consensus estimate of $0.47 by $0.01. The firm had revenue of $2.45 billion for
the quarter, compared to analyst estimates of $2.43 billion. The Charles Schwab
had a return on equity of 14.02% and a net margin of 29.80%. The business's
quarterly revenue was down 9.7% on a year-over-year basis. During the same
quarter in the previous year, the firm earned $0.70 EPS. As a group, research
analysts predict that The Charles Schwab Co. will post 2.17 EPS for the current
year. Read
more …
Shares of NYSE:PG traded up $0.26 during trading on Monday,
reaching $138.87. 10,877,334 shares of the company traded hands, compared to
its average volume of 8,135,707. The company has a current ratio of 0.85, a
quick ratio of 0.68 and a debt-to-equity ratio of 0.51. The firm has a market
capitalization of $344.34 billion, a price-to-earnings ratio of 26.55, a P/E/G
ratio of 3.53 and a beta of 0.43. The business's fifty day moving average is
$141.17 and its 200-day moving average is $131.02. The Procter & Gamble
Company has a 52-week low of $94.34 and a 52-week high of $146.92.
The Procter & Gamble (NYSE:PG) last announced its
earnings results on Tuesday, October 20th. The company reported $1.63 EPS for
the quarter, beating analysts' consensus estimates of $1.42 by $0.21. The company
had revenue of $19.32 billion during the quarter, compared to the consensus
estimate of $18.38 billion. The Procter & Gamble had a return on equity of
29.53% and a net margin of 18.36%. The firm's revenue for the quarter was up
8.5% on a year-over-year basis. During the same quarter in the prior year, the
company earned $1.37 earnings per share. On average, sell-side analysts predict
that The Procter & Gamble Company will post 5.45 earnings per share for the
current fiscal year. Read
more …
Shares of CSCO stock traded up $0.52 during trading hours on
Tuesday, reaching $43.54. 23,926,012 shares of the company’s stock were
exchanged, compared to its average volume of 25,756,674. The company has a
market cap of $183.98 billion, a P/E ratio of 17.70, a price-to-earnings-growth
ratio of 2.23 and a beta of 0.87. The company’s 50 day moving average is $39.51
and its two-hundred day moving average is $42.85. Cisco Systems, Inc. has a 1
year low of $32.40 and a 1 year high of $50.28. The company has a
debt-to-equity ratio of 0.25, a current ratio of 1.59 and a quick ratio of
1.54. Read
more …
Several other equities analysts also recently weighed in on
the company. Sanford C. Bernstein reiterated a "market perform"
rating and set a $72.00 target price on shares of Bristol-Myers Squibb in a
research report on Tuesday, November 10th. Societe Generale upgraded
Bristol-Myers Squibb from a "hold" rating to a "buy" rating
and set a $76.00 target price on the stock in a research report on Monday.
Raymond James reiterated a "buy" rating on shares of Bristol-Myers
Squibb in a research report on Friday, September 25th. Cfra reiterated a
"buy" rating and set a $70.00 target price on shares of Bristol-Myers
Squibb in a research report on Sunday, July 26th. Finally, Morgan Stanley
increased their target price on Bristol-Myers Squibb from $64.00 to $66.00 and
gave the stock an "overweight" rating in a research report on
Wednesday, August 12th. One investment analyst has rated the stock with a sell
rating, five have assigned a hold rating and fourteen have issued a buy rating
to the company. Bristol-Myers Squibb has an average rating of "Buy"
and a consensus target price of $73.69. Read
more …
Other analysts have also recently issued reports about the
company. Argus cut International Paper from a “buy” rating to a “hold” rating
in a report on Friday, August 21st. Citigroup Inc. 3% Minimum Coupon Principal
Protected Based Upon Russell raised International Paper from a “neutral” rating
to a “buy” rating in a report on Monday. BMO Capital Markets raised International
Paper from a “market perform” rating to an “outperform” rating and lifted their
price target for the stock from $40.00 to $53.00 in a report on Monday, October
12th. DA Davidson reaffirmed a “buy” rating on shares of International Paper in
a report on Friday, July 31st. Finally, Morgan Stanley lifted their price
objective on International Paper from $29.00 to $37.00 and gave the company an
“underweight” rating in a report on Monday, October 26th. Three analysts have
rated the stock with a sell rating, five have assigned a hold rating, eight
have given a buy rating and one has issued a strong buy rating to the company.
The company currently has an average rating of “Hold” and an average target
price of $45.42. Read
more …
Other research analysts have also recently issued reports
about the company. Piper Sandler cut Chevron from an “overweight” rating to a
“neutral” rating and set a $108.00 target price for the company. in a research
note on Monday, August 17th. Morgan Stanley decreased their price objective on
Chevron from $108.00 to $105.00 and set an “overweight” rating for the company
in a research report on Monday, October 19th. Scotia Howard Weill downgraded
shares of Chevron from a “buy” rating to a “sector perform” rating and set a
$121.00 target price on the stock. in a report on Thursday, September 24th.
Credit Suisse Group reiterated an “outperform” rating and issued a $97.00 price
target on shares of Chevron in a report on Tuesday, October 20th. Finally,
Raymond James reiterated a “buy” rating on shares of Chevron in a report on
Friday, October 30th. Eleven investment analysts have rated the stock with a
hold rating, seventeen have assigned a buy rating and one has given a strong
buy rating to the stock. The stock presently has a consensus rating of “Buy”
and a consensus price target of $107.28. Read
more …
A number of other research firms have also commented on SCHW. Bank of America upped their price objective on shares of The Charles Schwab from $40.00 to $42.00 and gave the company a "neutral" rating in a research note on Friday, October 16th. Argus upped their price objective on shares of The Charles Schwab from $42.00 to $50.00 in a research note on Friday, October 16th. TheStreet raised shares of The Charles Schwab from a "c" rating to a "b-" rating in a research note on Thursday, October 8th. Deutsche Bank Aktiengesellschaft raised shares of The Charles Schwab from a "hold" rating to a "buy" rating and upped their price objective for the company from $43.00 to $53.00 in a research note on Wednesday, November 11th. Finally, Morgan Stanley upped their price objective on shares of The Charles Schwab from $51.00 to $65.00 and gave the company an "overweight" rating in a research note on Tuesday. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. The company has a consensus rating of "Hold" and an average target price of $46.75. Read more …