Sharemaestro Newsreel

Resideo Technologies (REZI) Releases Q2 2026 Earnings: Revenue Growth but EPS Miss

Resideo Technologies (REZI) reported its Q2 2026 earnings, showing revenue growth of 2% year-over-year to $2.0 billion, which was slightly above expectations. However, the diluted earnings per share came in at $0.51, missing analyst estimates of $0.69. The company also saw a decrease in …

Resideo (NYSE: REZI) swings to Q2 profit and completes ADI spin-off

Resideo Technologies (REZI) jumps to $97M profit, cuts $900M debt after ADI spin-off

Resideo Technologies (REZI) reported record second-quarter 2026 results with a $97 million net income, a significant turnaround from an $825 million loss a year earlier, and a 19% increase in Adjusted EBITDA. This strong performance follows the successful spin-off of its ADI Global Distribution …

Resideo (NYSE:REZI) Posts Better-Than-Expected Sales In Q2 CY2026 But Full-Year Sales Guidance Misses Expectations Significantly

Resideo (NYSE:REZI) reported better-than-expected revenue and non-GAAP EPS in Q2 CY2026, with sales up 2% year-on-year to $1.98 billion and EPS of $0.83. Despite the strong quarterly performance, the company significantly lowered its full-year revenue guidance to $2.93 billion and full-year EBITDA guidance to …

WESCO International plans sale of 270 shares | WCC SEC Filing - Form 144

WESCO International (WCC) has filed a Form 144 indicating a proposed sale of 270 common shares through Morgan Stanley Smith Barney LLC, valued at $99,480.18. These shares originated from restricted stock vesting under a registered plan on March 1, 2025, and the sale is …

Charles Schwab Corp. (GIC) holder details planned and recent stock sales

A Charles Schwab Corp. shareholder, Thomas Axmacher, has filed a notice of intent to sell 952 shares of company common stock, valued at $36,918.56. The filing also reports a recent sale of 1,848 shares on August 6, 2026, for $71,332.80, and details prior equity …

Resideo Announces Record Second Quarter 2026 Financial Results; Initiates Standalone 2026 Outlook

Revenue of $1.98 billion, up 2% year-over-year; a new record and above the high-end of outlook range; Products & Solutions ("P&S") up 4% and ADI Global Distribution segment ("ADI") up 1% Gross margin of 30.0%, a new record; 13 consecutive quarters of year-over-year gross …

Earnings Flash (REZI) Resideo Technologies, Inc. Reports Q2 Revenue $1.98B, vs. FactSet Est of $1.94B

Resideo Technologies, Inc. (REZI) announced its Q2 revenue reached $1.98 billion, surpassing FactSet's estimated $1.94 billion. This financial update indicates the company's strong performance during the second quarter. The article also mentions other recent company news, including executive changes and future earnings guidance.

QXO Stock Drifts Lower As Traders Weigh Profitability Path

QXO Inc. stock is experiencing a downward trend, trading down by 3.41% due to regulatory scrutiny and legal uncertainty. Despite generating multi-billion-dollar revenue, the company continues to post losses with negative margins, leading traders to watch for signs of profitability. QXO's balance sheet, however, …

Middleby's Q2 Earnings Beat Estimates on Commercial Foodservice Strength

The Middleby Corporation MIDD reported second-quarter 2026 adjusted earnings of $2.35 per share, beating the Zacks Consensus Estimate of $2.28 by 3.1%. The bottom line increased 6.8% year over year. Net sales of $876 million topped the consensus estimate of $835 million by 4.6% …

Resideo Appoints Shane Harrison as Chief Financial Officer

Resideo Technologies has announced the appointment of Shane Harrison as its new Chief Financial Officer, effective September 1, 2026. Harrison brings over 25 years of experience in corporate finance, investor relations, and strategic transactions, having previously held CFO and senior finance roles at NRC …

Grainger (GWW) Stock Could Be 12% Above Fair Value Following Q2 Outlook Raise

Do Fastenal’s (FAST) Mixed Reactions to Solid Revenue Hint at Limits of Its Digital Strategy?

Fastenal (FAST) recently reported quarterly results with revenue exceeding forecasts and earnings matching expectations, yet analysts largely maintain a cautious "Hold" rating. This dichotomy raises questions about the effectiveness of Fastenal's digital strategy amidst mixed industrial demand, cost pressures, and e-commerce competition. The article …

QXO, Inc (QXO) jumps 21.5% as confirmation lags

The industrial-distribution stock closed at $16.16, with the rebound still short of repairing the longer 12-week reading.

Resideo earnings spotlight: First test as building tech pure-play

Resideo Technologies Inc. is set to report its second-quarter earnings, marking its first results as a pure-play building technologies company after spinning off ADI Global Distribution. Analysts anticipate earnings of $0.66 per share on $1.93 billion in revenue, with investors closely watching gross margin …

Are Industrial Products Stocks Lagging Murata Manufacturing (MRAAY) This Year?

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Murata Manufacturing Inc. (MRAAY) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial …

AQR Capital reports 2.79% beneficial stake in SiteOne (SITE) common stock

AQR Capital Management, LLC and AQR Capital Management Holdings, LLC have reported a beneficial ownership of 1,234,583 shares of SiteOne Landscape Supply, Inc. common stock, representing a 2.79% stake. This amended Schedule 13G filing indicates that AQR holds under five percent of the class, …

Tema ETFs LLC Acquires 8,920 Shares of Applied Industrial Technologies, Inc. $AIT

Tema ETFs LLC increased its stake in Applied Industrial Technologies (NYSE:AIT) by 20.2% in the second quarter, purchasing 8,920 shares to bring its total holdings to 53,040 shares valued at approximately $17.9 million. Institutional investors now own 93.52% of the company. Analysts maintain a …

Hudson Value Partners LLC Purchases 100,856 Shares of QXO, Inc. $QXO

Hudson Value Partners LLC significantly increased its stake in QXO, Inc. by 87.6% during the second quarter, acquiring 100,856 additional shares and bringing its total holdings to 215,998 shares valued at approximately $3.73 million. This comes as institutional investors now own 58.68% of QXO, …

Independent Non-Executive Chairman & Lead Director Of BlueLinx Holdings Sold 72% Of Their Shares

BlueLinx Holdings Inc.'s Independent Non-Executive Chairman & Lead Director, Kim Fennebresque, recently sold 72% of his shares, netting US$2.9 million. This significant sale, even at a price below the current valuation, raises questions about insider confidence, especially since there have been no insider purchases …

Pool Corp To Go Ex-Dividend On August 13th, 2026 With 1.3 USD Dividend Per Share

Pool Corp (NASDAQ: POOL) is scheduled to go ex-dividend on August 13th, 2026, with a dividend payment of $1.3 per share. Investors who wish to receive this dividend must own POOL shares before the ex-dividend date.

WESCO's year-long trend holds near the high, but activity pressure has slipped below zero

WESCO gained 5.9% for the week and remains only 5.6% under its 52-week high, yet the latest move came on average volume and with Market Dynamics no longer confirming the advance.

SiteOne Landscape Supply, Inc. $SITE Shares Sold by Wasatch Advisors LP

Wasatch Advisors LP significantly reduced its stake in SiteOne Landscape Supply (NYSE:SITE) by 40.2% in Q2, selling over 850,000 shares. Despite this, the firm still holds 1.27 million shares valued at approximately $145.3 million. The article notes that while the stock is down 0.5% …

Applied Industrial Technologies, Inc. $AIT Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB reduced its stake in Applied Industrial Technologies (NYSE:AIT) by 18.4% in the second quarter, selling 28,690 shares but still retaining 127,233 shares valued at $43.0 million. Institutional investors collectively own a significant 93.52% of the company. Analyst sentiment remains largely positive …

Handelsbanken Fonder AB Buys 7,297 Shares of W.W. Grainger, Inc. $GWW

Handelsbanken Fonder AB increased its stake in W.W. Grainger, Inc. by 48.5% in the second quarter, purchasing an additional 7,297 shares, bringing its total to 22,328 shares valued at approximately $30.4 million. This move is part of broader institutional interest, with collective institutional ownership …

DXP Enterprises, Inc. $DXPE Stock Position Reduced by Wasatch Advisors LP

Wasatch Advisors LP has reduced its stake in DXP Enterprises, Inc. (NASDAQ:DXPE) by 29.7% in the second quarter, now owning 445,575 shares valued at $75,186,000. Other institutional investors have also adjusted their positions, while company insiders, including Director Timothy P. Halter and CMO Paz …

Quantinno Capital Management LP Raises Stock Position in BlueLinx Holdings Inc. $BXC

Quantinno Capital Management LP significantly increased its stake in BlueLinx Holdings Inc. (NYSE:BXC) by 124.7% in the first quarter, now holding 34,657 shares valued at $1.88 million. BlueLinx reported strong quarterly earnings, surpassing analyst expectations with an EPS of $1.15 and revenue of $814.08 …

Is SiteOne Landscape Supply (SITE) Undervalued Following Strong Q2 Results And Deal Activity?

Fastenal (NASDAQ:FAST) Sets New 1-Year High - Here's Why

Fastenal (NASDAQ:FAST) shares reached a new 52-week high of $52.92 during trading, closing at $52.38. This comes after the company reported strong quarterly earnings, meeting analyst expectations, and increased its quarterly dividend. Analysts currently have a "Hold" rating on the stock with a consensus …

Renaissance Technologies LLC Has $1.92 Million Stock Holdings in QXO, Inc. $QXO

Renaissance Technologies LLC significantly reduced its stake in QXO, Inc. by 93.3% in the first quarter, selling 1.38 million shares but still holding 98,800 shares valued at $1.92 million. Despite this, other institutional investors increased or initiated positions, and institutions collectively own 58.68% of …

Diversified Management Inc. Decreases Stake in Ferguson plc $FERG

Diversified Management Inc. significantly reduced its stake in Ferguson plc by 81% in the second quarter, selling 14,059 shares and retaining 3,299 shares valued at $783,000. Despite this, institutional investors and hedge funds still own approximately 81.98% of Ferguson's stock. The company recently reported …

Pool Corporation $POOL Shares Purchased by Bank of America Corp DE

Bank of America Corp DE significantly increased its stake in Pool Corporation (NASDAQ:POOL) by 48% in the first quarter, now owning 261,402 shares valued at $52.9 million. This comes as Pool Corporation reported strong Q1 earnings, beating EPS estimates and reaffirming its fiscal 2026 …

SiteOne’s Buybacks And Acquisition Push Could Be A Game Changer For SiteOne Landscape Supply (SITE)

SiteOne Landscape Supply (SITE) recently reported strong Q2 earnings, with sales of US$1.53 billion and net income of US$139.3 million. The company is actively pursuing acquisitions, having completed two deals in 2026 that added US$110 million in trailing sales, and has also repurchased nearly …

1 Mid-Cap Stock for Long-Term Investors and 2 We Question

1 Mid-Cap Stock for Long-Term Investors and 2 We Question Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast …

1 Profitable Stock with Impressive Fundamentals and 2 We Turn Down

1 Profitable Stock with Impressive Fundamentals and 2 We Turn Down While profitability is essential, it doesn't guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies — as Jeff Bezos said, "Your margin is my opportunity". Not …

Global industrial SVP & CFO Thomas Clark sells $684k in shares

Thomas Eugene Clark, SVP & CFO at GLOBAL INDUSTRIAL Co (NASDAQ:GIC), sold 17,500 shares totaling $684,962, while concurrently acquiring the same number of shares by exercising employee stock options for $105,349. This transaction occurred as the stock neared its 52-week high, following strong year-to-date …