MIAMI, Feb. 26, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has priced an underwritten public offering of $200 million aggregate principal amount of its 6.75% notes due 2029 (the “Notes”). The Notes will mature on March 4, 2029 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, if applicable, provided that the Notes may be redeemed at par three months prior to their maturity. ...

Core Insights - Brookfield Asset Management has seen significant increases in institutional ownership, with notable percentage increases from various investors in the third quarter [1] - Analysts have mixed ratings on Brookfield Asset Management, with a consensus target price of $63.94 and an average rating of "Hold" [2] - The company's stock performance shows a market cap of $86.21 billion and a price-to-earnings ratio of 34.63 [3] - Recent earnings results indicate an EPS of $0.47, surpassing expectations, with revenue slightly below estimates at $1.39 billion [4] - A quarterly dividend increase to $0.5025 per share has been announced, reflecting a dividend yield of 3.8% [5] Institutional Ownership - New York State Common Retirement Fund increased its position by 18.5%, owning 465,600 shares valued at $26.51 million after acquiring 72,600 shares [1] - Intact Investment Management Inc. raised its stake by 127.5%, now holding 590,560 shares worth $33.61 million after an additional purchase of 330,970 shares [1] - Nicola Wealth Management LTD. grew its position by 115.4%, owning 216,558 shares valued at $12.33 million after acquiring 116,000 shares [1] - Legal & General Group Plc increased its stake by 144.5%, now owning 80,632 shares valued at $4.46 million after acquiring 47,659 shares [1] - SG Americas Securities LLC purchased a new stake valued at approximately $2.75 million [1] - Institutional investors currently own 68.41% of the stock [1] Analyst Ratings - JPMorgan Chase & Co. raised the price target from $68.00 to $72.00, maintaining a "neutral" rating [2] - Wall Street Zen upgraded the stock from "sell" to "hold" [2] - Keefe, Bruyette & Woods lowered their target price from $62.00 to $59.00, rating it "underperform" [2] - Goldman Sachs reduced their target from $67.00 to $60.00, maintaining a "buy" rating [2] - National Bank Financial decreased their target from $71.00 to $69.00, rating it "outperform" [2] - The overall ratings include one "Strong Buy," seven "Buy," seven "Hold," and two "Sell" ratings [2] Stock Performance - The stock opened at $52.64, with a 52-week low of $41.78 and a high of $64.10 [3] - The 50-day simple moving average is $52.37, and the 200-day simple moving average is $55.26 [3] - The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97, and a current ratio of 0.97 [3] Earnings Results - The company reported an EPS of $0.47, beating the consensus estimate of $0.41 by $0.06 [4] - Revenue for the quarter was $1.39 billion, slightly below the expected $1.40 billion [4] - The return on equity was reported at 29.67%, with a net margin of 51.59% [4] - Analysts expect an EPS of 1.7 for the current fiscal year [4] Dividend Announcement - A quarterly dividend of $0.5025 per share will be paid on March 31st, up from the previous $0.44 [5] - This represents an annualized dividend of $2.01 and a dividend yield of 3.8% [5] - The current dividend payout ratio is 115.13% [5]

The Goldman Sachs Group, Inc. (NYSE:GS) ranks among the biggest publicly traded asset managers. Keefe, Bruyette & Woods boosted its price target for The Goldman Sachs Group, Inc. (NYSE:GS) to $1,000 from $971 on January 16, retaining a Market Perform rating on the company’s shares. The revision reflects a 3% increase over KBW’s previous assessment, indicating improved company performance, especially in the investment banking and trading segments. Roman Tiraspolsky/Shutterstock.com Analyst Christopher Mc ...

Core Sentiment Shift - Core Scientific Inc. has experienced a significant shift in market sentiment, with its momentum score increasing from 78.59 to 87.83 [1] Bullish Momentum And Price Trends - Keefe, Bruyette & Woods raised its price target for Core Scientific from $19 to $25, indicating a positive outlook [2] - The 'Outperform' rating reflects the company's strategic shift from Bitcoin mining to high-performance computing (HPC) leasing [2] - Core Scientific's momentum is ranked favorably against other stocks, showing an upward trend across short, medium, and long-term timeframes [3] Strategic Pivot To AI Infrastructure - The company is transitioning its power infrastructure from cryptocurrency mining to AI-focused HPC hosting, aligning with fundamental market shifts [4] - Analysts anticipate an attractive setup for the company ahead of expected pipeline updates and new colocation deals [4] Analyst Upgrades - BTIG analyst Gregory Lewis upgraded Core Scientific to "Buy," suggesting the company is well-positioned following a rejected merger with CoreWeave [5] Stock Performance - Shares of Core Scientific have risen 12.51% in 2026, with a 31.79% increase over the last six months and a 45.90% rise over the past year [6] - The stock closed at $17.99, down 4.51% on Friday, and saw a premarket decline of 2.95% on Monday [6]

Core Viewpoint - Canaccord Genuity Group Inc. has acquired Carbon Reduction Capital, LLC, enhancing its capabilities in the renewable energy sector and aligning with its sustainability ambitions [1][3]. Company Overview - Canaccord Genuity Group Inc. is a leading independent financial services firm, operating in wealth management and capital markets since 1950, with a commitment to building lasting client relationships [5]. - The company is publicly traded under the symbol CF on the TSX [6]. Acquisition Details - Carbon Reduction Capital, LLC is a prominent provider of M&A, project finance, and capital raising services in the U.S. renewable energy sector, having executed approximately 415 transactions valued at around US$91 billion [2]. - The acquisition aims to leverage CRC-IB's expertise to increase market share in the U.S. and globally, focusing on high-growth sectors [3]. Strategic Implications - The acquisition reinforces Canaccord Genuity's advisory franchise and sustainability strategy, allowing for expanded opportunities for clients through a fully independent structure [3]. - CRC-IB partners will lead Canaccord Genuity's newly formed Energy Transformation group, providing M&A, project finance, and strategic advisory services across various sectors [3].

Core Viewpoint - Capital Bancorp, Inc. has appointed Jacob Dalaya as Executive Vice President and Chief Financial Officer, effective immediately, to enhance its strategic and financial planning as the bank aims for accelerated growth [1][2]. Group 1: Appointment Details - Jacob Dalaya has been appointed as Executive Vice President and Chief Financial Officer of Capital Bancorp and Capital Bank, National Association [1]. - Prior to this role, Dalaya served as Chief Strategy Officer, overseeing strategic and financial planning and the acquisition of IFH [2]. - Dalaya has extensive experience in the financial sector, having held leadership positions at Webster Financial Corporation and Sterling Bancorp, and previously worked in investment banking at Keefe, Bruyette & Woods and J.P. Morgan Securities [2]. Group 2: Leadership Perspective - Edward Barry, CEO of Capital Bank, emphasized Dalaya's instrumental role in shaping the bank's long-term strategy and financial discipline, expressing confidence in his ability to guide the bank through its next growth phase [3]. - Dalaya expressed his commitment to working with the management team to generate best-in-class returns and growth for shareholders [3]. Group 3: Company Overview - As of September 30, 2025, Capital Bank has $3.4 billion in assets and operates a diversified portfolio of regional banking and national specialty platforms [4]. - Capital Bank is a member of the Federal Reserve Bank system and is FDIC insured [4].

Group 1 - Grayscale Investments Inc. has filed an S-1 form with the SEC for a public listing on the NYSE under the symbol "GRAY" [1] - The IPO will feature two classes of common stock: Class A with one vote per share and economic rights, and Class B with ten votes per share but no economic rights [2] - The number of shares and price range for the IPO have not yet been determined, and the offering is subject to market conditions [2] Group 2 - The end of the US government shutdown has restored normal operations for the cryptocurrency industry, with Grayscale's announcement indicating confidence in the sector's recovery [3] - Grayscale's chief legal officer commented on the SEC's potential handling of S-1 forms post-shutdown, suggesting that they may automatically become effective after 20 days or require further engagement [4]

Core Viewpoint - Grayscale Investments has filed a registration statement for an initial public offering (IPO) of its Class A common stock, aiming to list on the New York Stock Exchange under the ticker "GRAY" [1] Company Overview - Grayscale is the largest digital asset-focused investment platform, managing approximately $35 billion in assets as of September 30, 2025 [5][6] - Founded in 2013, Grayscale has pioneered the introduction of digital assets to mainstream investors, launching the first widely available Bitcoin and Ethereum investment vehicles [5] - The company offers over 40 products, including ETFs, private funds, and diversified strategies, covering more than 45 tokens in the digital asset space [5] IPO Details - The number of shares and price range for the proposed IPO have not yet been determined, and the offering is subject to market conditions [1] - Morgan Stanley, BofA Securities, Jefferies, and Cantor are the lead managing bookrunners for the IPO, with additional managers including Wells Fargo Securities and Canaccord Genuity [2] - The offering will be made only by means of a prospectus, which will be available from the managing bookrunners [3]

Core Insights - The asset management landscape is evolving, with companies employing innovative strategies and strong partnerships gaining investor interest [1] - Goldman Sachs analyst upgraded Hamilton Lane Inc. to Buy, with a price forecast of $165, indicating over 30% upside potential [1][2] Company Performance - Hamilton Lane's strong position in the alternative asset management sector, particularly in Wealth/Evergreen funds and Secondaries, is highlighted [2] - The company's Evergreen franchise manages approximately $14 billion in NAV, contributing over 30% to fee-related revenue, the highest among alternative managers [4] - Recent financial results show Hamilton Lane reported adjusted EPS of $1.54, exceeding estimates, and revenue of $190.9 million, surpassing consensus [6] Growth Projections - Fee-related earnings (FRE) are expected to grow at a 27% compound annual rate from 2025 to 2027, driven by management fees from Evergreen products and performance-fee contributions [3] - Earnings per share are projected to grow at a 20% annual rate, supported by a significant performance-fee pool with unrealized value [3] Valuation Metrics - Hamilton Lane shares are currently trading at 21 times next-twelve-month P/E, below the historical average of 27× and peers' 23× [5] - Goldman Sachs estimates for EPS are $5.36 for 2025, $6.28 for 2026, and $7.77 for 2027, reflecting expected margin and revenue acceleration [5]

Core Insights - D.R. Horton (NYSE: DHI) experienced a nearly 4% decline in stock price following two analyst price target cuts after its latest earnings report, contrasting with the S&P 500's flat performance on the same day [1][5] Analyst Revisions - Four analysts adjusted their ratings on D.R. Horton stock post-earnings, with two cutting their price targets and two raising them [2][7] - Citigroup and Keefe, Bruyette & Woods were among the analysts who reduced their price targets, with Jade Rahmani lowering his fair-value assessment from $178 to $175 per share while maintaining a market perform recommendation [3][4] Financial Performance - D.R. Horton's revenue for the fiscal fourth quarter of 2025 decreased by 3% to just under $9.68 billion, while net income fell to slightly over $905 million ($3.04 per share) from $1.28 billion in the previous year [5] - The company significantly missed analyst expectations on earnings, with a consensus estimate of $3.29 per share, although it surpassed revenue forecasts of $9.42 billion [5]