Sharemaestro Newsreel

Analysts Offer Insights on Industrial Goods Companies: CBIZ (CBZ) and Watsco (WSO)

William Blair analyst Andrew Nicholas maintained a Buy rating on CBIZ (CBZ), which has a Moderate Buy consensus among analysts. For Watsco (WSO), William Blair analyst Ryan Merkel maintained a Hold rating, aligning with a general Hold consensus. Both analyses are focused on the …

QXO, Round Two: Time For A Pause That Refreshes? (NYSE:QXO)

QXO has quickly become a dominant player in the building materials distribution sector through a series of rapid acquisitions, including Beacon Roofing, Kodiak Partners, and TopBuild. Despite a recent decline in its stock price, the company has secured significant financial backing from Apollo and …

Baillie Gifford & Co (QXO) discloses 47.9M QXO shares, a 6.6% ownership stake

Baillie Gifford & Co has disclosed a 6.6% ownership stake in QXO, Inc., amounting to 47,867,886 shares of common stock. The investment adviser, based in Scotland, holds these shares on behalf of various investment advisory clients and possesses sole voting power over 27,213,875 shares …

W.W. Grainger Chief Financial Officer Deidra Merriwether Resigns

W.W. Grainger announced the resignation of Chief Financial Officer Deidra Merriwether, effective August 23, 2024. The company has initiated a search for her successor, considering both internal and external candidates. Merriwether will assist with the transition until her departure.

Amundi Purchases 107,067 Shares of Applied Industrial Technologies, Inc. $AIT

Amundi increased its stake in Applied Industrial Technologies (AIT) by 157.8% in the first quarter, now holding 174,907 shares valued at $46.4 million. Institutional investors own 93.52% of AIT, and Wall Street analysts maintain a "Moderate Buy" consensus with an average price target of …

W.W. Grainger (NYSE: GWW) taps Laurie Thomson as interim CFO after Merriwether exit

W.W. Grainger, Inc. announced that Senior Vice President and Chief Financial Officer Deidra C. Merriwether will resign effective September 4, 2026, to pursue another opportunity. Laurie R. Thomson, the current Vice President, Controller, and principal accounting officer, has been appointed interim CFO, effective September …

DSGR Investors Have Opportunity to Join Distribution Solutions Group, Inc. Fraud Investigation with SBS Law

Schall, Brown & Schwartz LLP (SBS) is investigating potential breaches of fiduciary duty by the directors and management of Distribution Solutions Group, Inc. (DSG). This investigation follows DSG's announcement on July 16, 2026, that it agreed to be acquired by LKCM Headwater Investments for …

WESCO International (WCC) Lifts Outlook As Data Center Growth Puts Valuation In Focus

WESCO International (WCC) reported record Q2 2026 results and raised its full-year outlook, driven by strong growth in data center infrastructure and grid services. While the stock has seen significant gains, analysts offer conflicting valuations, with one narrative suggesting it's 20.2% overvalued at $285.75, …

Lombard Odier Asset Management Europe Ltd Sells 118,474 Shares of QXO, Inc. $QXO

Lombard Odier Asset Management Europe Ltd reduced its stake in QXO, Inc. by 13.9% during the first quarter, selling 118,474 shares and retaining 733,928 shares valued at approximately $14.3 million. Despite institutional investors collectively owning 58.68% of QXO, the company's shares opened at $13.34, …

Groupama Asset Managment Has $294,000 Position in Fastenal Company $FAST

Groupama Asset Management significantly reduced its stake in Fastenal Company ($FAST) by 77.7% in the first quarter, selling 22,056 shares and retaining 6,344 shares valued at $294,000. Despite this reduction, institutional investors collectively own 81.38% of Fastenal. The company matched quarterly earnings expectations at …

California State Teachers Retirement System Buys 10,267 Shares of WESCO International, Inc. $WCC

The California State Teachers Retirement System increased its stake in WESCO International, Inc. by 22.3% in the first quarter, purchasing 10,267 additional shares to reach a total of 56,353 shares valued at approximately $15.4 million. WESCO International recently reported strong second-quarter results, with revenue …

Global Industrial (GIC) Q2 Earnings Report Preview: What To Look For

Global Industrial (NYSE:GIC) is set to release its Q2 earnings this Tuesday after market hours. Analysts anticipate a 5.2% year-on-year revenue growth, an improvement from the previous year, with estimates reconfirmed recently. The company's stock has outperformed its peers in the maintenance and repair …

First Trust Advisors LP Has $6.37 Million Stock Position in QXO, Inc. $QXO

First Trust Advisors LP significantly increased its stake in QXO, Inc. by 608.6% in the first quarter, bringing its total holdings to $6.37 million. Despite institutional interest, QXO's shares opened near their 12-month low and missed earnings expectations, reporting an adjusted loss of $0.12 …

California State Teachers Retirement System Increases Stock Holdings in QXO, Inc. $QXO

The California State Teachers Retirement System increased its stake in QXO, Inc. by 22.4% in the first quarter, acquiring an additional 129,164 shares to hold a total of 704,530 shares valued at approximately $13.7 million. Despite QXO missing earnings expectations with a loss of …

How Investors Are Reacting To W.W. Grainger (GWW) CFO Change And Steady Dividend Ahead Of Earnings

ETFs Investing in MSC Industrial Direct Co., Inc. Class A Stocks

This article provides a comprehensive list of Exchange Traded Funds (ETFs) that hold MSC Industrial Direct Co., Inc. Class A stocks, sorted by market value. It details various ETFs, including their issuers, management styles, focus, expense ratios, assets under management (AUM), and 3-year NAV …

Empowered Funds LLC Has $5.96 Million Holdings in BlueLinx Holdings Inc. $BXC

Empowered Funds LLC significantly increased its stake in BlueLinx Holdings Inc. (NYSE:BXC) by 42.7% in the first quarter, now holding 110,018 shares valued at $5.96 million. Institutional investors collectively own 90.83% of BlueLinx's stock, with various firms recently adjusting their positions. Analyst sentiment is …

QXO Inc. Stock (QXO) Opinions on Wells Fargo Analyst Coverage

Recent discussions indicate growing interest in QXO Inc. following Wells Fargo's "Overweight" rating and an $18 price target, driven by an expected roofing sector recovery and the company's TopBuild integration. The article also highlights QXO's significant revenue growth in Q1 2026 and varied institutional …

Healthcare of Ontario Pension Plan Trust Fund Takes $1.50 Million Position in Resideo Technologies, Inc. $REZI

The Healthcare of Ontario Pension Plan Trust Fund has acquired a new stake of 44,413 shares in Resideo Technologies (NYSE:REZI), valued at approximately $1.50 million during the first quarter. Resideo Technologies exceeded quarterly earnings and revenue expectations, reporting $0.65 EPS and $1.91 billion in …

Analysts Have Been Trimming Their Pool Corporation (NASDAQ:POOL) Price Target After Its Latest Report

Pool Corporation's Q2 results showed revenues in line with forecasts but statutory EPS missed estimates. Following the report, analysts have maintained their revenue and EPS forecasts for 2026, but the consensus price target has been cut by 13% to US$220, indicating increased pessimism about …

Is Earnings Buzz Around Xometry’s AI Marketplace Altering The Investment Case For Xometry (XMTR)?

The article discusses how Xometry's history of beating earnings expectations and its upcoming report, driven by its AI marketplace, could influence its investment narrative. It highlights the company's reliance on capital markets for growth and the significance of Siemens' US$50 million investment, while also …

Is W.W. Grainger (GWW) Expensive On Earnings Growth Hopes Ahead Of Results?

SITEONE LANDSCAPE SUPPLY, INC. : BARCLAYS CUTS TARGET PRICE TO $108 FROM $129

Barclays has reduced its target price for SiteOne Landscape Supply, Inc. (SITE) to $108 from $129. This adjustment indicates a revised outlook from the financial institution regarding the company's future stock performance. The report was issued by Reuters and made available on the Webull …

Enterprise value to EBITDA forward of Resideo Technologies, Inc. – BOATS:REZI

This article provides financial information for Resideo Technologies, Inc. (BOATS:REZI), specifically focusing on its Enterprise Value to EBITDA (forward-looking) metric. It appears to be a financial data snippet from TradingView, indicating no current trades and providing an overview of the company's financial data.

Lazard Asset Management LLC Has $4.06 Million Position in Ferguson plc $FERG

Lazard Asset Management LLC significantly increased its stake in Ferguson plc (NYSE:FERG) by 109.9% in the first quarter, now holding 17,399 shares valued at $4.06 million. Ferguson reported strong quarterly earnings, beating analyst expectations with $2.28 EPS and $7.47 billion in revenue, and announced …

The Manufacturers Life Insurance Company Sells 43,032 Shares of Fastenal Company $FAST

The Manufacturers Life Insurance Company reduced its stake in Fastenal Company (NASDAQ:FAST) by 5.4% in the first quarter, selling 43,032 shares but still owning 749,733 shares valued at approximately $34.8 million. Other institutional investors increased their holdings, and Fastenal reported strong quarterly earnings with …

W.W. Grainger, Inc. $GWW Stake Reduced by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company decreased its stake in W.W. Grainger (NYSE:GWW) by 7.6% in the first quarter, although institutional investors still collectively own over 80% of the company. Despite recent insider share sales totaling $3.23 million, W.W. Grainger exceeded quarterly earnings and revenue …

Kentucky Retirement Systems Sells 49,532 Shares of Fastenal Company $FAST

Kentucky Retirement Systems reduced its stake in Fastenal Company by 68.7% in the first quarter, selling 49,532 shares and retaining 22,540 shares valued at approximately $1.07 million. Fastenal reported quarterly earnings of $0.33 per share, meeting estimates, with revenue of $2.39 billion, exceeding expectations …

DXP Enterprises Q2 Results: Earnings release set for August 5

DXP Enterprises, Inc. will release its Q2 2026 financial results after market close on August 5, 2026, followed by a conference call on August 6, 2026, at 10:30 AM CT. The company, a business-to-business products and service distributor, has not provided preliminary figures, with …

Empowered Funds LLC Purchases 5,122 Shares of Ferguson plc $FERG

Empowered Funds LLC increased its stake in Ferguson plc (NYSE:FERG) by 22% in the first quarter, purchasing an additional 5,122 shares and bringing its total holdings to 28,435 shares valued at $6.63 million. Institutional investors now own nearly 82% of Ferguson's stock. The company …

Compass Capital Management Inc. Decreases Stock Holdings in Fastenal Company $FAST

Compass Capital Management Inc. reduced its stake in Fastenal Company (NASDAQ:FAST) by 7.8% in the first quarter of 2026, selling 107,960 shares and retaining 1.28 million shares valued at approximately $59.4 million. Despite this, other institutional investors like State Street Corp and Charles Schwab …

Core & Main, Inc. Revenue Breakdown – NYSE:CNM

WESCO International (NYSE:WCC) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Royal Bank of Canada has raised its price target for WESCO International (NYSE:WCC) to $430 from $421, maintaining an "outperform" rating and implying a potential upside of nearly 25%. This comes after WESCO reported strong Q2 2026 results, with revenue up 13% year-over-year to …

W.W. Grainger (NYSE:GWW) Stock Rating Lowered by Wall Street Zen

Wall Street Zen downgraded W.W. Grainger (NYSE:GWW) from a "buy" to a "hold" rating. This aligns with the broader analyst consensus, which also rates the stock as "Hold" with an average price target of $1,230.11. Despite the downgrade, Grainger reported a strong quarter, exceeding …

Taxes of Resideo Technologies, Inc. – NYSE:REZI/I

This article focuses on the tax information for Resideo Technologies, Inc. (NYSE: REZI/I), as presented on TradingView. It appears to be a stub or a placeholder page providing an overview of the company's financial data with a specific focus on taxes, without presenting the …

Price to book forward of Bluelinx Holdings Inc. – NYSE:BXC

This article provides financial information for BlueLinx Holdings Inc. (NYSE: BXC), specifically focusing on its price-to-book forward ratio. It highlights the company's financial overview within the context of wholesale distributors and confirms its listing on the New York Stock Exchange. The content is primarily …