2 weeks Ago By Defense World Staff
LPL Financial LLC raised its holdings in Elbit Systems Ltd. ( NASDAQ:ESLT – Free Report ) by 32.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission.
The fund owned 5,732 shares of the aerospace company’s stock after acquiring an additional 1,420 shares during the quarter. LPL Financial LLC’s holdings in Elbit Systems were worth $1,479,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds and other institutional investors have also bought and sold shares of the business.
Y.D. More Investments Ltd grew its holdings in shares of Elbit Systems by 10.
1% in the fourth quarter. Y.D.
More Investments Ltd now owns 449,747 shares of the aerospace company’s stock worth $117,520,000 after purchasing an additional 41,401 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Elbit Systems by 12.
2% in the 3rd quarter. JPMorgan Chase & Co. now owns 170,703 shares of the aerospace company’s stock valued at $34,158,000 after buying an additional 18,614 shares during the period.
Raymond James Financial Inc. bought a new position in Elbit Systems in the 4th quarter worth about $1,999,000. Public Employees Retirement System of Ohio purchased a new position in shares of Elbit Systems during the third quarter worth approximately $771,000.
Finally, Stifel Financial Corp raised its stake in shares of Elbit Systems by 50.3% during the third quarter. Stifel Financial Corp now owns 10,531 shares of the aerospace company’s stock valued at $2,107,000 after acquiring an additional 3,524 shares in the last quarter.
Hedge funds and other institutional investors own 17.88% of the company’s stock. Analyst Ratings Changes Separately, StockNews.
com downgraded Elbit Systems from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 25th. Elbit Systems Stock Performance ESLT stock opened at $406.22 on Friday.
The company has a debt-to-equity ratio of 0.10, a current ratio of 1.15 and a quick ratio of 0.
64. Elbit Systems Ltd. has a 1-year low of $175.
30 and a 1-year high of $420.00. The business has a 50-day moving average price of $358.
85 and a 200 day moving average price of $289.11. The company has a market capitalization of $18.
06 billion, a P/E ratio of 69.44 and a beta of 0.32.
Elbit Systems ( NASDAQ:ESLT – Get Free Report ) last announced its quarterly earnings results on Tuesday, March 18th. The aerospace company reported $2.66 earnings per share for the quarter, topping the consensus estimate of $1.
95 by $0.71. The firm had revenue of $1.
93 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Elbit Systems had a net margin of 4.
00% and a return on equity of 11.34%. As a group, equities research analysts forecast that Elbit Systems Ltd.
will post 8.05 EPS for the current fiscal year. Elbit Systems Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th.
Stockholders of record on Tuesday, April 22nd will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, April 22nd.
This is an increase from Elbit Systems’s previous quarterly dividend of $0.50. This represents a $2.
40 dividend on an annualized basis and a dividend yield of 0.59%. Elbit Systems’s dividend payout ratio (DPR) is currently 27.
72%. About Elbit Systems ( Free Report ) Elbit Systems Ltd. develops and supplies a portfolio of airborne, land, and naval systems and products for the defense, homeland security, and commercial aviation applications primarily in Israel.
The company operates through Aerospace, C4I and Cyber, ISTAR and EW, Land, and Elbit Systems of America segments. Recommended Stories Five stocks we like better than Elbit Systems Growth Stocks: What They Are, What They Are Not Tariff Exemptions Set the Stage for a Taiwan Semiconductor Rally What is diluted earnings per share (Diluted EPS)? Mitigating Tariffs: 3 Stocks to Gain From a Weaker U.S.
Dollar Pros And Cons Of Monthly Dividend Stocks Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk Receive News & Ratings for Elbit Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Elbit Systems and related companies with MarketBeat.com's FREE daily email newsletter ..
