Latest news with #DeaneDray
Business Insider
4 days ago
- Business
- Business Insider
3M (MMM) Receives a Sell from RBC Capital
In a report released on July 16, Deane Dray from RBC Capital maintained a Sell rating on 3M, with a price target of $119.00. The company's shares closed yesterday at $159.04. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Dray covers the Industrials sector, focusing on stocks such as Carrier Global, Emerson Electric Company, and Trane Technologies. According to TipRanks, Dray has an average return of 14.3% and a 64.93% success rate on recommended stocks. In addition to RBC Capital, 3M also received a Sell from Morgan Stanley's Christopher Snyder in a report issued on July 11. However, on July 9, Barclays maintained a Buy rating on 3M (NYSE: MMM). MMM market cap is currently $84.27B and has a P/E ratio of 19.78. Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MMM in relation to earlier this year. Most recently, in May 2025, John Patrick Banovetz, the EVP of MMM sold 7,759.00 shares for a total of $1,151,236.99.
Business Insider
4 days ago
- Business
- Business Insider
Vertiv Holdings (VRT) Receives a Buy from RBC Capital
RBC Capital analyst Deane Dray maintained a Buy rating on Vertiv Holdings on July 16 and set a price target of $143.00. The company's shares closed yesterday at $131.12. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Dray is a 5-star analyst with an average return of 14.3% and a 64.93% success rate. Dray covers the Industrials sector, focusing on stocks such as Carrier Global, Emerson Electric Company, and Trane Technologies. In addition to RBC Capital, Vertiv Holdings also received a Buy from Oppenheimer's Noah Kaye in a report issued yesterday. However, on July 9, Barclays maintained a Hold rating on Vertiv Holdings (NYSE: VRT). Based on Vertiv Holdings' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.04 billion and a net profit of $164.5 million. In comparison, last year the company earned a revenue of $1.64 billion and had a GAAP net loss of $5.9 million Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VRT in relation to earlier this year. Last month, Stephen Liang, the CTO & EVP of VRT sold 43,683.00 shares for a total of $5,060,017.73.
Business Insider
4 days ago
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on Fortive (FTV)
RBC Capital analyst Deane Dray maintained a Hold rating on Fortive on July 16 and set a price target of $58.00. The company's shares closed yesterday at $51.27. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Dray is a 5-star analyst with an average return of 14.3% and a 64.93% success rate. Dray covers the Industrials sector, focusing on stocks such as Carrier Global, Emerson Electric Company, and Trane Technologies. In addition to RBC Capital, Fortive also received a Hold from TD Cowen's Joseph C Giordano in a report issued on July 15. However, on July 16, Mizuho Securities downgraded Fortive (NYSE: FTV) to a Buy. Based on Fortive's latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $1.47 billion and a net profit of $171.9 million. In comparison, last year the company earned a revenue of $1.52 billion and had a net profit of $207.4 million Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FTV in relation to earlier this year. Most recently, in May 2025, James Lico, the President & CEO of FTV sold 175,000.00 shares for a total of $12,670,000.00.
Business Insider
4 days ago
- Business
- Business Insider
RBC Capital Sticks to Their Hold Rating for Johnson Controls (JCI)
RBC Capital analyst Deane Dray maintained a Hold rating on Johnson Controls on July 16 and set a price target of $112.00. The company's shares closed yesterday at $108.95. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Dray is a 5-star analyst with an average return of 14.3% and a 64.93% success rate. Dray covers the Industrials sector, focusing on stocks such as Carrier Global, Emerson Electric Company, and Trane Technologies. In addition to RBC Capital, Johnson Controls also received a Hold from Oppenheimer's Noah Kaye in a report issued yesterday. However, on July 16, Wolfe Research maintained a Buy rating on Johnson Controls (NYSE: JCI). Based on Johnson Controls' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.68 billion and a net profit of $478 million. In comparison, last year the company earned a revenue of $5.6 billion and had a GAAP net loss of $277 million Based on the recent corporate insider activity of 128 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JCI in relation to earlier this year. Most recently, in May 2025, George Oliver, a Director at JCI sold 100,000.00 shares for a total of $9,170,000.00.
Business Insider
4 days ago
- Business
- Business Insider
RBC Capital Sticks to Their Buy Rating for Flowserve (FLS)
RBC Capital analyst Deane Dray maintained a Buy rating on Flowserve on July 16 and set a price target of $64.00. The company's shares closed yesterday at $54.75. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Dray is a 5-star analyst with an average return of 14.3% and a 64.93% success rate. Dray covers the Industrials sector, focusing on stocks such as Carrier Global, Emerson Electric Company, and Trane Technologies. In addition to RBC Capital, Flowserve also received a Buy from Citi's Andrew Kaplowitz in a report issued on July 14. However, on July 8, Goldman Sachs maintained a Hold rating on Flowserve (NYSE: FLS). Based on Flowserve's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.14 billion and a net profit of $73.91 million. In comparison, last year the company earned a revenue of $1.09 billion and had a net profit of $74.22 million
