Hamilton Lane (HLNE) Q4 2025 Earnings Call May 29, 2025 11:00 AM ET Company Participants John Oh - MD & Head of Shareholder RelationsErik Hirsch - Co-CEO & Member of the BoardJeffrey Armbrister - CFO & TreasurerAlex Blostein - Managing DirectorMichael Cyprys - Managing Director Conference Call Participants Ken Worthington - Financial AnalystMichael Brown - Equity Research Analyst Operator Good morning, ladies and gentlemen, and welcome to the Hamilton Lane Fiscal Fourth Quarter and Full Year twenty twenty f ...

Preventative services, social support, health education and more to improve care access, quality and outcomesSACRAMENTO, Calif., May 29, 2025 /PRNewswire/ -- Health Net, one of California's most experienced Medi-Cal managed care health plans, and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced a partnership investment of more than $7.2 million to expand healthcare services to underserved Californians through mobile health clinics. Centene Foundation (PRN ...

Industry Overview - The Zacks Property and Casualty (P&C) Insurance industry is experiencing growth due to solid retention, exposure growth across business lines, and improved pricing, which are driving higher premiums and maintaining profitability [1] - The industry is focusing on personalized offerings to enhance customer experience and is leveraging digitalization [1] - Catastrophic activities, both natural and man-made, may have negatively impacted underwriting profit [1] Company Analysis: Axis Capital Holdings Limited (AXS) - AXS has seen an increase in its top line driven by higher net premiums earned and net investment income [4] - The Insurance segment is performing well, contributing to improved premiums, with favorable market conditions expected to continue across property lines [5] - AXS is focused on growth in Marine Cargo, Cyber, and Renewable Energy, with a return on equity (ROE) of 19%, significantly above the industry average of 7.8% [6] - The company’s net investment income has shown a four-year CAGR of 21.4%, supported by increased fixed maturity assets and yields [7] - AXS has a strong track record of shareholder value enhancement through stock buybacks and consecutive dividend increases, with a ten-year CAGR of 4.2% [8] Company Analysis: Arch Capital Group Ltd. (ACGL) - ACGL focuses on writing specialty lines of insurance and reinsurance, maintaining a strong track record of net premiums written with a four-year CAGR of 20.6% [9][10] - The company expects continued growth in its Insurance and Reinsurance segments due to rate increases and new business opportunities [11] - ACGL has seen a four-year CAGR of 30.2% in net investment income, benefiting from rising investment yields and a growing investment portfolio [12] - The company maintains a robust capital position and has improved its balance sheet, with a return on equity of 15.7%, also above the industry average [13] Financial Estimates - The Zacks Consensus Estimate for AXS' 2025 revenues and EPS indicates a year-over-year increase of 7.8% and 3.4%, respectively [14] - For ACGL, the 2025 revenue estimate suggests a year-over-year increase of 13.5%, while EPS is projected to decline by 14.7% [15] Valuation Metrics - AXS is trading at a price-to-book multiple of 1.49, above its five-year median of 1.06, while ACGL's price-to-book multiple is at 1.69, above its median of 1.64 [16] Conclusion - AXS is well-positioned for growth in its Specialty Insurance and Reinsurance business, particularly in Marine Cargo, Cyber, and Renewable Energy [17] - ACGL is set to benefit from specialty lines of insurance and reinsurance, with growth driven by rate increases and a growing investment portfolio [17] - AXS has a solid dividend yield of 1.7%, significantly higher than the industry average of 0.2%, making it attractive for yield-seeking investors [18] - AXS has outperformed the industry with a year-to-date gain of 14.5%, while ACGL has gained only 0.7% [20]

28 May 2025 | 5:53PM EDT US Economics Analyst The Impact of Tariffs on US Companies: A View from the Equity Market (Peng) Jan Hatzius +1(212)902-0394 | jan.hatzius@gs.com Goldman Sachs & Co. LLC Alec Phillips +1(202)637-3746 | alec.phillips@gs.com Goldman Sachs & Co. LLC David Mericle +1(212)357-2619 | david.mericle@gs.com Goldman Sachs & Co. LLC Ronnie Walker +1(917)343-4543 | ronnie.walker@gs.com Goldman Sachs & Co. LLC Manuel Abecasis +1(212)902-8357 | manuel.abecasis@gs.com Goldman Sachs & Co. LLC Elsie ...

Enlight Renewable Energy (ENLT) Update / Briefing May 29, 2025 08:00 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Enlight and the IRA Transition Conference Call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Yonah Weitz, Director, IR. Please go ahead. Speaker1 Thank you, operator. Good morning, everyone, and thank you for joining the call. Our investor presentation entitled Enlight and the IRA Transition has been publis ...

Core Viewpoint - Alcoa Corporation (AA) has shown strong stock performance, increasing 12.1% in the past month, outperforming both the industry and S&P 500 [1] Stock Performance - Alcoa's stock closed at $28.25, below its 52-week high of $47.77 and above its 52-week low of $21.53, indicating mixed sentiment as it trades above its 50-day moving average but below its 200-day moving average [4] Factors Influencing Performance - Demand for aluminum is rising due to the popularity of lighter electric vehicles, recycled aluminum, and increased aircraft production, which boosts demand for aluminum alloys [5] - U.S. tariffs of 25% on imported steel and aluminum have increased prices, benefiting domestic producers like Alcoa, although they have not revived U.S. smelting operations [6] - A lack of competitively priced electricity has led to smelter closures, including Alcoa's permanent closure of its Intalco smelter in March 2023, impacting production [7] Segment Performance - Alcoa's Aluminum segment is benefiting from strong demand in electrical and packaging markets, with production expected to reach 2.3-2.5 million tonnes in 2025 and shipments anticipated at 2.6-2.8 million tonnes [8] - The Alumina segment is seeing growth in its Sustana product line, with production expected to be 9.5-9.7 million tonnes and shipments likely to be 13.1-13.3 million tonnes in 2025 [9] Strategic Actions - Alcoa has made strategic moves to enhance growth, including the acquisition of Alumina Limited in August 2024, which strengthens its position in the bauxite and alumina market [10] Financial Metrics - Alcoa's trailing 12-month return on equity (ROE) is 18.56%, higher than the industry average of 17.98%, indicating efficient use of shareholder funds [11] - The stock has a forward 12-month price-to-earnings ratio of 8.78X, below the industry average of 9.08X, making it an attractive valuation compared to peers [13] Earnings Estimates - Earnings estimates for 2025 have decreased by 13.1% to $3.57 per share, and for 2026, they have declined by 19.2% to $2.69 per share [16]

Company Overview - Clip Money Inc. operates a multi-bank self-service deposit system for businesses, allowing users to make deposits at top retailers and shopping malls without visiting their bank branch [4] - The company combines functional hardware, an intuitive mobile app, and a cloud-based transaction engine to facilitate business banking transactions [4] Awards and Compensation - The company announced the issuance of 965,000 restricted share units (RSUs) and 27,500 options to acquire common shares to executives and employees for their performance in 2024 [1] - An additional 450,000 RSUs were granted to directors as compensation for their ongoing roles [1] - RSUs awarded to directors will vest 12 months after the grant date, while those for executives and employees will vest over three years, with one-third vesting each year [2] Options Details - The options have a three-year vesting period with an exercise price of CAD$0.19, which is the closing market price of Clip Money's common shares on May 27, 2025 [2] - The options will expire 10 years from the date of the grant [2] - The RSUs and options are governed by the company's amended and restated omnibus equity incentive plan, under which a total of 10,516,419 common shares are issuable [2]

Group 1 - Moretus Research provides high-quality equity research focused on U.S. public markets, aiming to deliver clarity, conviction, and alpha for serious investors [1] - The research framework identifies companies with durable business models, mispriced cash flow potential, and intelligent capital allocation, emphasizing a structured and repeatable approach [1] - Valuation methods are based on sector-relevant multiples tailored to each company's business model and capital structure, prioritizing comparability, simplicity, and relevance [1] Group 2 - Research coverage focuses on underappreciated companies experiencing structural changes or temporary dislocations, where disciplined analysis can yield asymmetric returns [1] - Moretus Research aims to elevate the standard for independent investment research by providing professional-grade insights and actionable valuation [1]

I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha I mostly cover REITs and financials, with occasional articles on ETFs and other stocks driven by a macro trade idea.Analyst’s D ...

After 43+ years working for one investment research company or another, I finally retired. So now, I’m completely independent. And for the first time on Seeking Alpha, I won’t be working based on anybody else’s product agenda. I have only one goal now… to give you the best actionable investment insights I can.I have long specialized in rules/factor-based equity investing strategies. But I’m different from others who share such backgrounds. I don’t serve the numbers. Instead, the numbers serve me… to inspire ...