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Meet the Newest Stock-Split Stock. It Has Returned More Than 27,000% Over the Past 30 Years and Could Triple Again By 2030.
Yahoo Finance· 2025-10-12 19:08
Core Insights - Brookfield Corporation completed a three-for-two stock split to enhance accessibility for individual investors and improve trading liquidity [1][6] - The company has delivered a total return exceeding 27,000% over the past 30 years, with a 19% annualized total return compared to 11% for the S&P 500 [2] - Brookfield expects to triple the value of its shares by 2030, with a projected annual growth rate of 16% [2][8] Company Overview - Brookfield is a leading global investment manager with three main businesses: asset management, wealth solutions, and operating businesses [3][7] - The company owns a 73% interest in Brookfield Asset Management, which manages over $1 trillion in assets [7] - Brookfield Wealth Solutions offers investment-led insurance products, while its operating businesses focus on infrastructure, renewable energy, private equity, and real estate [7] Financial Performance - Over the last five years, Brookfield has grown its distributable earnings at a 22% compound annual rate, increasing from $2 billion in 2020 to an expected $5.3 billion this year [4] - The intrinsic value of the company is estimated at $102 per share (pre-split), significantly higher than the recent stock price of less than $70 [4] - In the past year, Brookfield returned $1.5 billion to investors through share repurchases and dividends while retaining capital for reinvestment [4] Future Growth Projections - Brookfield aims for annualized total distributable earnings-per-share growth of 25% over the next five years, with core businesses expected to generate 20% growth [8] - The company anticipates an additional 5% growth from capital allocation activities, projecting share value could rise to $210 (pre-split) by 2030, representing over 200% increase from current levels [8]
Coinbase Takes Major Step Towards Super App Ambition With Banking License Application
Yahoo Finance· 2025-10-10 23:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Coinbase has joined cryptocurrency companies Circle (NYSE:CRCL), Paxos and Ripple in applying for a national trust charter from the Office of the Comptroller of the Currency. “If approved, the charter would continue to open up opportunities for Coinbase to launch new products beyond custody, including payments and related services, with the confidence of regulatory clarity, fostering broader institutional ...
PNC Gains Cramer’s Nod After FirstBank Acquisition and Analyst Upgrades
Yahoo Finance· 2025-10-08 14:23
The PNC Financial Services Group, Inc. (NYSE:PNC) is one of Jim Cramer’s Recession-Proof Stock Picks. Following the acquisition of Colorado-based FirstBank, the company’s price target is elevated and is named in Jim Cramer’s top 10 things to watch in the stock market. PNC Gains Cramer’s Nod After FirstBank Acquisition and Analyst Upgrades The PNC Financial Services Group, Inc. (NYSE:PNC) was also listed in Jim Cramer’s top 10 things to watch in the stock market, by CNBC, on September 10, 2025, owing to ...
JPMorgan Chase & Co. (JPM) Hits All-Time High of $317.94
Yahoo Finance· 2025-10-08 14:02
With significant hedge fund interest and trending on Reddit, JPMorgan Chase & Co. (NYSE:JPM) secures a spot on our list of the 10 Best Non-Tech Stocks to Buy According to Reddit. JPMorgan Chase & Co. (JPM) Hits All-Time High of $317.94 Despite ongoing legal concerns, market trust in JPMorgan Chase & Co. (NYSE:JPM)’s financial strength was demonstrated on September 29, when the bank’s stock hit an all-time high of $317.94. Charlie Javice, the founder of Frank, a fintech startup that JPMorgan Chase & Co. ...
Credit Agricole Sa: Crelan and Crédit Agricole finalise their strategic partnership
Globenewswire· 2025-10-07 16:00
Press release Brussels, Lille, Montrouge, October 7th, 2025 Crelan and Crédit Agricole finalise their strategic partnership Following the communication of 21 May 2025, the Crelan Group and the Crédit Agricole Group today announce that they have finalised their strategic partnership with the signing of commercial agreements and the acquisition of a 9.9% minority stake in Crelan SA/NV by the Crédit Agricole Group. Crelan and the Crédit Agricole Group will now focus on implementing commercial collaborations in ...
Northern Trust's Quarterly Earnings Preview: What You Need to Know
Yahoo Finance· 2025-10-03 08:49
Core Viewpoint - Northern Trust Corporation (NTRS) is expected to report strong earnings growth in its upcoming third-quarter results, with analysts projecting a profit increase of 13.3% year-over-year, reflecting the company's solid performance and historical earnings surprise record [2][5]. Financial Performance - NTRS is anticipated to deliver a profit of $2.13 per share for Q3, up from $1.96 per share in the same quarter last year, indicating a 13.3% increase [2]. - For the full fiscal year 2025, analysts expect an EPS of $8.55, representing an 11% growth from $7.70 in 2024, with further growth projected for fiscal 2026 to $9.32 per share, a 9% year-over-year increase [3]. - Despite a 26.4% year-over-year decline in topline revenue to $2 billion in Q2, the company exceeded market expectations, and its EPS increased by 12.1% year-over-year to $2.13, surpassing consensus estimates by 2.4% [5]. Stock Performance - NTRS stock has appreciated by 50.7% over the past 52 weeks, significantly outperforming the S&P 500 Index's 17.6% and the Financial Select Sector SPDR Fund's 18.2% gains during the same period [4]. - Following the release of Q2 results, the stock experienced a decline of 1.8%, despite reporting better-than-expected financials [5]. Analyst Sentiment - The consensus rating for NTRS is "Hold," with 16 analysts providing varied opinions: two "Strong Buys," one "Moderate Buy," nine "Holds," one "Moderate Sell," and three "Strong Sells" [6]. - The stock is currently trading above its mean price target of $132.46 [6].
PNC Declares Dividend of $1.70 on Common Stock
Prnewswire· 2025-10-02 15:30
Core Points - The PNC Financial Services Group, Inc. declared a quarterly cash dividend of $1.70 per share on common stock, payable on Nov. 5, 2025, to shareholders of record by Oct. 14, 2025 [1] - The board also declared cash dividends for various series of preferred stocks, including Series B at $0.45 per share, Series S at $2,500.00 per share, Series T at $850.00 per share, Series U at $1,500.00 per share, Series V at $1,550.00 per share, and Series W at $1,562.50 per share, with respective payment dates and record dates specified [4] Company Overview - The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the U.S., focusing on strong relationships and local delivery of retail and business banking, lending products, corporate banking, real estate finance, asset-based lending, wealth management, and asset management [1]
Can Principal Financial Balance Growth With Margin Pressures?
ZACKS· 2025-10-02 15:21
Key Takeaways Principal Financial builds on recurring revenue from retirement, group benefits, and asset management.Acquisitions in retirement and asset management strengthened scale and global positioning.Shareholder value is supported by steady dividends, and an active share repurchase program.Principal Financial Group, Inc. (PFG) has built its growth strategy around businesses that generate stable, recurring revenue. Its leadership in retirement and long-term savings is a key driver, supported by strong ...
Goldman Sachs Expands Stake in Sun Life Financial Inc. (SLF)
Yahoo Finance· 2025-09-24 20:58
Group 1 - Sun Life Financial Inc. (NYSE:SLF) is considered one of the best safe stocks to buy currently, with Goldman Sachs increasing its holdings by 282.5% in the first quarter, acquiring 2,050,891 additional shares, bringing its total to 2,776,920 shares valued at $159,006,000 [1] - The company is ideal for investors seeking stable income, offering an attractive dividend yield, solid underlying earnings, and a conservative payout ratio, supported by a diversified business mix and strong market presence [2] - Sun Life Financial's transition to a capital-light business model has been successful, enhancing its asset management capabilities as revealed during the Barclays 23rd Annual Global Financial Services Conference [3] Group 2 - Sun Life Financial Inc. is a Canadian financial services company founded in 1871, providing asset management, wealth, insurance, and health solutions, with a commitment to achieving lifetime financial security [4]
12 Best Safe Stocks to Buy Now
Insider Monkey· 2025-09-24 02:26
Group 1: Safe Stocks Overview - Safe stocks are characterized by a solid balance sheet, consistent earnings, and a compelling business model, making them attractive for risk-averse investors [1][3] - Investing in low-volatility stocks can yield strong results, as they tend to perform well even when the overall market is down [3] Group 2: Methodology for Stock Selection - A list of safe stocks was compiled using the Finviz stock screener, filtering for large-cap stocks with a beta of under 1, a P/E ratio of under 25, a debt-to-equity ratio of under 0.6, and an ROE of over 10% [4] - Stocks are ranked based on the number of hedge fund holdings, utilizing data from Insider Monkey's Q2 2025 database [4][5] Group 3: Company Profiles - **Sun Life Financial Inc. (NYSE:SLF)**: - The company has 15 hedge fund holdings and saw Goldman Sachs increase its stake by 282.5%, now owning shares valued at $159 million [6][7] - Sun Life offers stable income through attractive dividends and solid earnings, with a diversified business model [7][9] - The company is transitioning to a capital-light business model, enhancing its asset management capabilities [8] - **TotalEnergies SE (NYSE:TTE)**: - The company has 23 hedge fund holdings and is expected to see a modest upside of 4.6% according to TD Cowen [10] - TotalEnergies is involved in a significant seawater supply project and the development of the Ratawi oil field, indicating strong future prospects [11] - By 2030, the company anticipates that 50% of its revenue will come from LNG production and 20% from renewable energy [12][13] - **Cincinnati Financial Corporation (NASDAQ:CINF)**: - The company has 27 hedge fund holdings, with Brendel Financial Advisors increasing its position by 729.8% [14][15] - Cincinnati Financial's insurer financial strength ratings were upgraded to 'AA-' from 'A+', reflecting its stability and strong capitalization [15][16] - The company operates in property casualty insurance and maintains an equity holding nearly twice the industry average [16][17]