最新ニュース Kellanova (NYSE:K) 株価情報

Kellanova

Kellogg

Following its split from the North American cereal business in October 2023, Kellanova (previously the global snacking arm of Kellogg) has operated as a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base. Mars is slated to acquire the newly independent business in a nearly $36 billion deal in the first half of calendar 2025.

Earnings

Equities

News

Futures

Previews

Economics

Federal Reserve

Pre-Market Outlook

Markets

Movers

Trading Ideas

$BTC

CSCO

GOOGL

HNHPF

LITE

NVDA

PFGC

PTON

８月３日（水）午前８時３０分（米国東部時間）に公表される消費者物価指数（CPI）速報に先駆け、主要指数先物は神経質な値動きを示している。債券利回りは消費者物価指数発表前に低下している。今回の報告が価格圧力の緩和が続いていることを確認した場合、米連邦準備制度理事会（FRB）は利上げを余儀なくされる可能性がある。経済学者やストラテジストは、FRB総裁のジェローム・パウエル氏が今月末に予定されている＜ジャクソンホール・シンポジウム＞で、利上げ見通しについてさらに明確な見解を示すと予想している。

ウォール・ストリート　主要先物指数が反応

Kellanova Co

KAIROUS ACQUISITION CORP LTD SHS

KAIROUS ACQUISITION CORP by Kairous Acquisition Corp.

Kairous Acquisition Corp Ltd

KAIROUS ACQUISITION CORP LTD RT

KAIROUS ACQUISITION CORP LTD UNIT 1 SHS & 1/2 WT EXP & 1 RT

KAIROUS ACQUISITION CORP LTD WT EXP

Koa Corp

Kairous Acquisition Corp Ltd Units (1 Ord Share & 1/2 War & 1 Right)

Kairous Acquisition Corp Ltd Warrants (15/09/2026)

KANSAI ELEC POWER INC by Kansai Electric Power Co., Inc. (The)

Kansai Electric Power Co Inc

KANSAI ELEC PWR UNSP/ADR by Kansai Electric Power Co., Inc. (The)

KAHALA CORP FL by Kahala Corp.

KAHOOT ASA U/ADR by Kahoot! ASA

Kadant Inc

KardiaChain

KAIROS MINERALS LTD ORD by Kairos Minerals Ltd.

Kairos Minerals Ltd

KAWASAKI KISEN UNS/ADR by Kawasaki Kisen Kaisha, Ltd.

Kawasaki Kisen Kaisha Ltd

Kajima Corp

KAWASAKI KISEN KAIS NEW by Kawasaki Kisen Kaisha, Ltd.

Kaspi.kz JSC GDR

Kala Bio Inc

Kal Energy Inc

KraneShares MSCI All China Index ETF

Kalmar

KALGOORLIE GOLD MNG LTD by Kalgoorlie Gold Mining Ltd.

Kalgoorlie Gold Mining Ltd

Kallo Inc Com

KALERA PUBLIC LIMITED NEW by Kalera Public Limited Company

Kalera PLC

Kaiser Aluminum Corporation - Common Stock

Kaiser Aluminum Corp

KalVista Pharmaceuticals, Inc. - Common Stock

KalVista Pharmaceuticals Inc

Kali Inc

Kaman Corp. Cl. A Com.

KALAMAZOO RESOURCES by KALAMAZOO RESOURCES LTD.

Kalamazoo Resources Ltd

BitKan

Kaneka Corp

Kaanapali Land LLC

Kineta Inc

kaonavi Inc

Kao Corp

Kairos Pharma Ltd

KAP AG by KAP AG

Innovator U.S. Small Cap Power Buffer ETF - April

Openlane Inc

Karura - United States Dollar

KARATE - United States Dollar

ETF Series Solutions Carbon Strategy ETF

KARO PHARM AKTIEBOLAG ORD by Karo Pharma Aktiebolag

Koala Corp

KARMA

KERNEL HOLDING SA ORD by Kernel Holding SA

Kernel Holding SA

Karooooo Ltd

Karrat - United States Dollar

KraneShares Electric Vehicles and Future Mobility Index ETF

Karbon-X Corp

INTELLABRIDGE TECH CORP by INTELLABRIDGE TECHNOLOGY CORP.

Intellabridge Technology Corp

Kasten Inc

Kambria

KATANA BROADBAND CORP by Katana Broadband Corporation

KAT EXPLORATION INC by KAT Exploration Inc.

KAT Exploration Inc

Innovator ETFs Trust Innovator US Small Cap Power Buffer ETF - August

Kaiser Reef Ltd

Kava - United States Dollar

Kaival Brands Innovations Group, Inc. - Common Stock

Kaival Brands Innovations Group Inc

Kaya Holdings Inc

KB Financial Group Inc

KraneShares Bosera MSCI China A 50 Connect Index ETF

KONINKLIJKE BAM GROEP NV by Koninklijke BAM Groep NV

Koninklijke Bam Groep NV

Kimball International, Inc. Cl B Com

KUBOTA PHARMA HLD ORD by Kubota Pharmaceutical Hldgs Co Ltd

KBC Groupe NV

Kayne Anderson BDC Inc

KINGBOARD CHEML HLDGS ORD by Kingboard Holdings Ltd.

Kingboard Holdings Ltd

KINGBOARD HLDGS UNS/ADR by Kingboard Holdings Ltd.

SPDR S&P Bank ETF

Lion Rock Resources Inc A

LION ROCK RESOURCES INC by Lion Rock Resources Inc.

Lion Rock Resources Inc

KONGSBERG GRUPPEN U/ADS by Kongsberg Gruppen ASA

Kongsberg Gruppen ASA

KB Home

KRAIG BIOCRAFT LABS INC by Kraig Biocraft Laboratories, Inc.

Kraig Biocraft Laboratories Inc

KINGSTON BANCSHARES INC by KINGSTON BANCSHARES INC

KraneShares Trust Bloomberg China Bond Inclusion Index ETF

Kubient Inc

KYTO TECH & LIFE SCIENCE by Kyto Technology and Life Science, Inc.

KBR Inc

Kobo Resources Inc

K-Bro Linen Inc

KBS Real Estate Investment Trust II Inc

KBS GROWTH & INCME REIT A by KBS GROWTH & INCOME REIT INC.

KBS Growth & Income REIT Inc

KBS REAL EST INVT TR III by KBS Real Estate Invt Tr III Inc.

KBS Real Estate Investment Trust III Inc

KOBE STEEL LTD ORD NEW by Kobe Steel, Ltd.

Kobe Steel Ltd

Prime US REIT

FST Corp

KraneShares Trust KraneShares 90% KWEB Defined Outcome January 2026 ETF

Canada is considering export taxes on goods, including uranium, oil and potash, if President-elect Donald Trump imposes the broad<a href="https://www.benzinga.com/news/global/24/12/42451262/canadian-oil-sector-hedges-trump-tariff-risk-us-midwest-refineries-could-be-affected"> tariffs he pledged. </a>
The Details: According to a Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-12-12/canada-weighs-export-taxes-on-uranium-oil-if-trump-starts-trade-war?srnd=homepage-americas">report</a>, retaliatory tariffs on U.S.-made goods and export controls on certain Canadian products are most likely, with export levies also on the table as a last resort. The Bloomberg report cited officials familiar with discussions inside Prime Minister Justin Trudeau's government.&nbsp;
The sources also said Trudeau's government may consider expanding its powers over export controls as part of a scheduled update on the country's fiscal and economic conditions.&nbsp;
Why It Matters: U.S. oil refineries, especially in the Midwest, rely heavily on Canadian crude oil imports. Export levies would increase the cost of imported Canadian oil and potentially squeeze refinery margins. Some of the largest oil refiners in the U.S. are Marathon Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) and Valero Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>). 
Read Next: <a href="https://www.benzinga.com/news/global/24/12/42451262/canadian-oil-sector-hedges-trump-tariff-risk-us-midwest-refineries-could-be-affected">Canadian Oil Sector Hedges Trump Tariff Risk, US Midwest Refineries Could Be Affected</a>
Canadian export taxes on uranium could be devastating to U.S. nuclear energy producers with Canada supplying about a quarter of the uranium U.S. producers use for their nuclear reactors.&nbsp;
Constellation Energy Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), the largest owner of non-rate-regulated nuclear plants in the U.S., and Duke Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>), which operates 11 nuclear units in North and South Carolina, could face supply disruptions as domestic uranium production is virtually nonexistent. The companies could pass along the increased costs to consumers in areas served by nuclear power plants.
American farmers rely heavily on imports of Canadian potash as a source of fertilizer. If Canada imposes export levies on potash,&nbsp;several American farm-related stocks could be affected due to the reliance of U.S. agriculture on the fertilizer.
Companies tied to crops heavily dependent on potash, such as soybeans, corn, sugar beets and potatoes could see increased costs. These companies include Archer-Daniels-Midland Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>) and Bunge Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>). Food producers, like General Mills, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) and Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) may face higher input costs for agricultural products reliant on potash fertilizers and could pass those costs along to consumers.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/24/12/42370672/sofi-makes-spacex-accessible-for-retail-investors">SoFi Unlocks SpaceX Exposure For Retail Investors: Here&#8217;s How</a></li>
</ul>
Image: Shutterstock

Sector ETFs

Commodities

Politics

Global

ETFs

If Trump Starts A Trade War, Canada Could Impose Export Taxes On Oil, Uranium: Report

Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) reported <a target="_blank" href="https://s203.q4cdn.com/897568180/files/doc_financials/2024/q3/K-Q3-2024-RESULTS.pdf" rel="noreferrer noopener">third-quarter</a> adjusted earnings per share of 91 cents (+18.2%) on Thursday,<a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41650516/kellanova-reports-2024-third-quarter-results" rel="noreferrer noopener"> beating the street view of 85 cents.</a>
Quarterly sales of $3.23 billion (down 0.7%) outpaced the analyst consensus estimate of $3.158 billion.
On an organic basis, excluding currency effects, the company&#8217;s net sales rose by 6%.
In the third quarter, Kellanova achieved above-target growth in organic net sales and adjusted operating profit and earnings per share.
The company&#8217;s strong performance was driven primarily by volume growth and favorable price/mix changes in emerging markets, along with improving volume in developed markets. Additionally, productivity gains and moderating cost inflation helped improve profit margins.
North America&#8217;s reported and organic net sales rose by 1%, while Europe saw a 7% year-on-year increase in reported net sales.
Also Read:<a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41656052/anheuser-busch-q3-beats-but-beer-volume-drops-globally" rel="noreferrer noopener"> Anheuser-Busch Q3 Beats, But Beer Volume Drops Globally</a>
In contrast, Latin America experienced a 6% year-on-year decline in reported net sales for the third quarter, and Asia Pacific, the Middle East, and Africa (AMEA) reported a 10% decrease year-on-year.
On an adjusted basis, excluding mark-to-market and one-time charges, operating profit increased by 16%. When excluding currency translation, operating profit rose by 19%.
Year-to-date net cash from operating activities totaled $1.293 billion, a decrease from $1.400 billion in the same period last year, which included the spun-off WK Kellogg Co.
On August 14, 2024, Mars, Incorporated announced its agreement to acquire <a target="_blank" href="https://www.benzinga.com/markets/equities/24/08/40364761/confectionery-giant-mars-to-acquire-cheez-it-parent-kellanova-in-35-9b-deal" rel="noreferrer noopener">Kellanova for $83.50 per share in cash.</a>
A shareholder vote on the proposed acquisition is scheduled for November 1, and the transaction is subject to approval and regulatory conditions. Due to the pending merger, Kellanova will not provide forward-looking guidance.
Price Action: K shares are trading lower by 0.02% to $80.84 at last check Thursday.
Also Read:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41653721/est-e-lauder-q1-earnings-china-uncertainty-hits-beauty-giant-withdraws-fy25-outlook-stock-tanks" target="_blank" rel="noreferrer noopener">Estée Lauder Q1 Earnings: China Uncertainty Hits Beauty Giant, Withdraws FY25 Outlook, Stock Tanks</a></li>
</ul>

General

Cheez It Parent Kellanova's Q3 Earnings: Organic Sales Climb, Mars Buyout Vote Nears & More

Guidance

Due To The Pending Merger With Mars, Kellanova Will Not Be Providing Guidance

Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) reported quarterly earnings of $0.91 per share which beat the analyst consensus estimate of $0.85 by 7.06 percent. The company reported quarterly sales of $3.233 billion which beat the analyst consensus estimate of $3.158 billion by 2.39 percent. This is a 17.92 percent decrease over sales of $3.939 billion the same period last year.

Earnings Beats

Kellanova Q3 2024 Adj. EPS $0.91 Beats $0.85 Estimate, Sales $3.233B Beat $3.158B Estimate

Kellanova's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) short percent of float has fallen 4.64% since its last report. The company recently reported that it has 5.28 million shares sold short, which is 1.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.14 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Kellanova Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729883719_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Kellanova has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Kellanova's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Kellanova's peer group average for short interest as a percentage of float is 4.95%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Peering Into Kellanova's Recent Short Interest

As of Oct. 22, 2024, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Bellring Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRBR#NYSE">BRBR</a>)</h3>
<ul>
<li>On Oct. 16, Truist Securities analyst Bill Chappell maintained BellRing Brands with a Hold and raised the price target from $50 to $60.. The company's stock gained around 8% over the past month and has a 5<a href="https://www.benzinga.com/quote/BRBR">2-week high of $67.12</a>.</li>
<li>RSI Value: 78.31&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>BRBR Price Action: Shares of Bellring Brands gained 0.4% to close at $66.01 on Monday.</li>
</ul>
<h3 class="wp-block-heading">Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>)</h3>
<ul>
<li>On Oct. 2, Argus Research analyst Taylor Conrad downgraded Kellanova from Buy to Hold. The company's stock gained around 40% over the past six months and <a href="https://www.benzinga.com/quote/K">has a 52-week high</a> of $81.26.</li>
<li>RSI Value: 79.11</li>
<li>K Price Action: Shares of Kellanova rose 0.2% to close at $81.17 on Monday.</li>
</ul>
<h3 class="wp-block-heading">Lamb Weston Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>)</h3>
<ul>
<li>On Oct. 21, B of A Securities analyst Peter Galbo maintained Lamb Weston with a Neutral and raised the price target from $68 to $80. The company's stock gained around 19% over the past month and has a <a href="https://www.benzinga.com/quote/LW">52-week high</a> of $111.88.</li>
<li>RSI Value: 70.39</li>
<li>LW Price Action: Shares of Lamb Weston fell 1.2% to close at $77.31 on Monday.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41429862/this-analyst-with-85-accuracy-rate-sees-around-11-upside-in-netflix-here-are-5-stock-picks-for-last">This Analyst With 85% Accuracy Rate Sees Around 11% Upside In Netflix &#8211; Here Are 5 Stock Picks For Last Week From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>

BRBR

Top 3 Defensive Stocks That May Keep You Up At Night This Month

Argus Research analyst Taylor Conrad downgrades Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) from Buy to Hold.

Downgrades

Analyst Ratings

Argus Research Downgrades Kellanova to Hold

General Mills (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gis#NYSE">GIS</a>) can provide a hedge if volatility continues to plague the S&amp;P 500. The company is amid a business transformation telegraphed in its price action, which is set up for a significant reversal after more than a year of lackluster performance.&nbsp;
The transformation includes selling its yogurt business, which will lighten the portfolio and shore up the fortress balance sheet. This will allow management to focus on core markets, international growth, and local gems that drive margin while providing steady capital returns.&nbsp;
The bonus is the stock beta. General Mills has trades with a 5-year beat of 0.1 and a 2-year beta of -.2, suggesting little to no correlation to the&nbsp; S&amp;P 500; if the broad market falls, General Mills trends will be unaffected and may even get an added boost from a flight to safety.&nbsp;
<h2>General Mills Post Earnings Dip Is A Buying Opportunity That Won&#39;t Last Long</h2>
General Mills share prices fell following the FQ1 release, opening a buying opportunity that will likely last only a short time. The results and guidance were good, with Q1 performance being better than expected, and guidance was reaffirmed. The problem is that Q1 strength didn&#39;t carry through to the guidance, suggesting the remainder of the year could be tepid relative to expectations. However, the $4.85 billion in revenue is down only 1% compared to last year, outperforming by 100 basis points, and aligns with the outlook for turnaround, resumed organic growth, and capital returns, which counts over the long term.&nbsp;&nbsp;
The margin news is just as mixed, with margins contracting but less than expected, leaving earnings down compared to last year but better than forecast. The salient detail is that although net earnings are down 14%, the $580 million is sufficient to sustain the fortress balance sheet and the capital return. The $1.07 in adjusted earnings gives a 55% quarterly dividend payout ratio, which is sustainable and expected to improve as the year progresses. It also leaves room for share repurchases, which have been aggressive.&nbsp;
The guidance is good enough. The company forecasts sequential improvement in revenue and earnings and YOY organic growth to return by the end of the year, not including the sale of the yogurt business. That is expected to close in 2025 and will impact reported results for the following twelve months by approximately 3% on a diluted basis.&nbsp;
<h2>General Mills Capital Return Is Top-Tier and Expected to Accelerate</h2>
General Mills&#39; financial condition is rock solid and allows for substantial capital return,&nbsp;including dividends and share buybacks. The dividend is attractive at 3.25% and only 16x earnings, a high-yield value compared to the broad market and leading consumer staples peers like Hormel (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hrl#NYSE">HRL</a>), Hershey (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hsy#NYSE">HSY</a>), and Kellanova (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/k#NYSE">K</a>), which trade at 20x, 21x, and nearly 22x their earnings outlooks, respectively.&nbsp;
Balance sheet highlights from Q1 include reduced cash, increased debt, and reduced equity, but repurchases and treasury stock offset those factors. The company repurchased $300 million of shares during the quarter, reducing the average count by 4.65% year over year and increasing the treasury holdings by nearly 20%. Repurchases have slowed compared to last year due to the contraction of revenue and earnings, and they may not accelerate soon. However, buybacks are likely to continue at a float-reducing pace through the year&#39;s end, and the company plans to use proceeds from the yogurt sale to boost activity once closed.&nbsp;
<h2>General Mills Share Price Supported by an Expectation for Lower Interest Rates</h2>
General Mills&#39; share price has steadily risen since mid-July, when the CPI report sparked a massive broad-market sell-off after signaling a high probability that the FOMC would lower interest rates this year. The signal is that risk-off investment dollars, once focused on higher-yielding bonds, have turned to quality dividend growth stocks like General Mills, which still present value and yield for investors today.&nbsp;
The technical action since July suggests a double-bottom reversal pattern is now in play, and price action has retreated to a critical support target. The critical target is the 30-day EMA, which aligns with highs earlier this year. If support is confirmed at this level, investors can expect GIS stock to continue higher and complete the reversal by year&#39;s end. If not, GIS stock could fall to the $70 level or lower before hitting solid support.&nbsp;
<img alt="General Mills GIS stock chart" class="aligncenter" src="https://www.marketbeat.com/logos/articles/med_20240918104246_chart-gis-9182024.png" style="height:426px; width:917px" />
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/why-general-mills-is-the-perfect-hedge-for-s-and-p-500-volatility/">Why General Mills Is the Perfect Hedge for S&amp;P 500 Volatility</a>&quot; first appeared on MarketBeat.

Large Cap

Dividends

Technicals

Buybacks

Why General Mills Is the Perfect Hedge for S&P 500 Volatility

These ten large-cap stocks were the best performers in August. Are they in your portfolio?
<ol>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) shares escalated 66.58% in August. It reported&nbsp;strong&nbsp;fourth-quarter&nbsp;earnings and <a href="https://www.benzinga.com//node/40630056" target="_blank" rel="noreferrer noopener">upbeat&nbsp;first-quarter&nbsp;guidance</a>.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) stock jumped 34.99%. The company reported better-than-expected&nbsp;second-quarter&nbsp;results, and analysts boosted <a href="https://www.benzinga.com//node/40528470" target="_blank" rel="noreferrer noopener">stock price forecasts</a>.</li>
<li>Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) shares rose 34.11%. It reported strong second-quarter results and <a href="https://www.benzinga.com//node/40599688" target="_blank" rel="noreferrer noopener">issued&nbsp;above-estimate guidance</a>.</li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) stock upped 29.95%. The company reported strong&nbsp;<a href="https://www.benzinga.com//node/40368174" target="_blank" rel="noreferrer noopener">results for the&nbsp;second quarter</a>.</li>
<li>Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) stock upped 29.91%. The company inked a deal to be bought by privately held <a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener">Mars</a><a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener"> for&nbsp;$83.50&nbsp;per share</a>.</li>
<li>Nutanix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock escalated 28.96%. It reported&nbsp;fourth-quarter results, and many analysts&nbsp;<a href="https://www.benzinga.com//node/40626089" target="_blank" rel="noreferrer noopener">boosted the stock's price target</a>.</li>
<li>Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) shares rose 28.64%. The company reported better-than-<a href="https://www.benzinga.com//node/40226872" target="_blank" rel="noreferrer noopener">expected&nbsp;fourth-quarter results</a>.</li>
<li>MercadoLibre, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) stock rocketed 28.37%.</li>
<li>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) shares were up 27.33%. It posted a strong earnings report and several analysts&nbsp;<a href="https://www.benzinga.com//node/40268815" target="_blank" rel="noreferrer noopener">revised the price target</a>.</li>
<li>Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) stock was up 25.91%. Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) CEO and Chairman Brian Niccol was named Starbucks' new Chairman and <a href="https://www.benzinga.com//node/40338228" target="_blank" rel="noreferrer noopener">Chief Executive Officer, effective September 9</a>.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40764325/intel-moderna-and-dollar-general-were-among-top-10-large-cap-losers-in-august-are-the-others-in-yo">Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Shutterstock.

AFRM

AZPN

CAVA

FTNT

MELI

NTNX

SBUX

SHOP

Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?

Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the First Trust Value Line Dividend ETF (ARCA:FVD), a passively managed exchange traded fund launched on 08/19/2003.
The fund is sponsored by First Trust Advisors. It has amassed assets over $9.72 billion, making it one of the larger ETFs attempting to match the Large Cap Value segment of the US equity market.
<h2>Why Large Cap Value</h2>
Large cap companies typically have a market capitalization above $10 billion. They tend to be stable companies with predictable cash flows and are usually less volatile than mid and small cap companies.
Carrying lower than average price-to-earnings and price-to-book ratios, value stocks also have lower than average sales and earnings growth rates. When you look at long-term performance, value stocks have outperformed growth stocks in nearly all markets. But in strong bull markets, growth stocks are more likely to be winners.
<h2>Costs</h2>
Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.
Annual operating expenses for this ETF are 0.60%, making it one of the most expensive products in the space.
It has a 12-month trailing dividend yield of 2.12%.
<h2>Sector Exposure and Top Holdings</h2>
Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Industrials sector--about 19.50% of the portfolio. Utilities and Consumer Staples round out the top three.
Looking at individual holdings, Kellanova (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/k#NYSE">K</a>) accounts for about 0.62% of total assets, followed by Erie Indemnity Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/erie#NASDAQ">ERIE</a>) and Lockheed Martin Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>).
The top 10 holdings account for about 5.55% of total assets under management.
<h2>Performance and Risk</h2>
FVD seeks to match the performance of the Value Line Dividend Index before fees and expenses. The Value Line Dividend Index is a modified equal dollar weighted index comprised of U.S. exchange listed securities of companies that pay above-average dividends and have potential for capital appreciation.
The ETF has added about 11.07% so far this year and is up about 16.28% in the last one year (as of 09/04/2024). In the past 52-week period, it has traded between $36.09 and $44.80.
The ETF has a beta of 0.79 and standard deviation of 13.51% for the trailing three-year period, making it a medium risk choice in the space. With about 208 holdings, it effectively diversifies company-specific risk.
<h2>Alternatives</h2>
First Trust Value Line Dividend ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FVD is a reasonable option for those seeking exposure to the Style Box - Large Cap Value area of the market. Investors might also want to consider some other ETF options in the space.
The Schwab U.S. Dividend Equity ETF (ARCA:SCHD) and the Vanguard Value ETF (ARCA:VTV) track a similar index. While Schwab U.S. Dividend Equity ETF has $59.94 billion in assets, Vanguard Value ETF has $123.92 billion. SCHD has an expense ratio of 0.06% and VTV charges 0.04%.
<h2>Bottom-Line</h2>
An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
<a href="https://www.zacks.com/stock/news/2331114/should-first-trust-value-line-dividend-etf-fvd-be-on-your-investing-radar?cid=CS-BENZ-FT-style_box_etf-2331114">To read this article on Zacks.com click here.</a>

ERIE

First Trust Value Line Dividend Index Fund ETF

SCHD

Should First Trust Value Line Dividend ETF Be on Your Investing Radar?

As of Sept. 4, 2024, two stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Altria Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>)</h3>
<ul>
<li>On Aug. 22, Altria increased its quarterly dividend by 4.1% to $1.02 per share. The company's stock gained around 10% over the past month and has a &lt;a href=&#8221;https://www.benzinga.com/quote/MO&#8221;&gt;&lt;em&gt;52-week high of $54.48 &lt;/em&gt;&lt;/a&gt;.</li>
<li>RSI Value: 79.57&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>MO Price Action: Shares of Altria closed at $54.07 on Tuesday.</li>
</ul>
<h3 class="wp-block-heading">Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>)</h3>
<ul>
<li>On Aug. 14, Mars, Inc. agreed to acquire Kellanova for $83.50 per share, valuing it at $35.9 billion, including assumed net leverage. Steve Cahillane, Chairman, President and CEO of Kellanova,added, "This is a truly historic combination with a compelling cultural and strategic fit. Kellanova has been on a transformation journey to become the world's best snacking company, and this opportunity to join Mars enables us to accelerate the realization of our full potential and our vision." The company's stock gained around 10% over the past month and <a href="https://www.benzinga.com/quote/K">has a 52-week high</a> of $80.97.</li>
<li>RSI Value: 81.98</li>
<li>K Price Action: Shares of Kellanova closed at $80.16 on Tuesday.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/24/09/40700380/dollar-tree-dicks-sporting-goods-and-3-stocks-to-watch-heading-into-wednesday">Dollar Tree, Dick&#8217;s Sporting Goods And 3 Stocks To Watch Heading Into Wednesday</a></li>
</ul>

Top 2 Risk Off Stocks That May Crash In September

August saw the <a href="https://www.benzinga.com/news/earnings/24/08/40648231/wall-street-poised-for-strong-start-as-inflation-data-looms-strategist-says-brace-for-volatile-fall">equity market make good the losses</a> it experienced post its mid-July peak, with earnings and benign data helping the fightback. With August in the rearview mirror, here&#8217;s a look at the leaders and laggards among the S&amp;P 500 Index, a broader gauge of market performance.
3-Part Trend: The month&#8217;s trading could be characterized as a tale of three trends. Stocks extended the weakness into August, with the S&amp;P 500 bottoming on Aug. 5, coinciding with the collapse of the global equity markets. The unwinding of the yen carry trades due to the yen&#8217;s strength perked up risk aversion, sending Japanese stocks into a tailspin, and the reverberations became evident elsewhere.
The S&amp;P 500 Index fell 4.3% intraday on Aug. 5, which happened to be a Monday. The collapse was promptly dubbed Black Monday 2.0 to differentiate it from the Black Monday crash of Oct. 1987. The CBOE Volatility Index, commonly called VIX, more than doubled to 65.73 intraday before pulling back. 
On a positive note, the S&amp;P 500 closed off the lows of the day and was down a more modest 3% by the close.
The market saw a steady recovery from the low through Aug. 22, thanks to a slew of catalysts that reinforced expectations that the Federal Open Market Committee would begin cutting rates at its September meeting.
The strong and rapid recovery pushed traders on the defensive, and the market has been moving sideways since then. 
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="819" height="630" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/31133559/image-325.png" alt="" class="wp-image-524474" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/31133559/image-325.png 819w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/31133559/image-325-300x231.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/31133559/image-325-768x591.png 768w" sizes="(max-width: 819px) 100vw, 819px" /></figure>
Source: Yahoo Finance
For August, the S&amp;P 500 Index gained 2.28%, ending the month at 5,648.40, off its record closing high of 5,667.20 hit on July 16.
See Also: <a href="https://www.benzinga.com/money/best-growth-stocks">Best Growth Stocks Right Now</a>
The Leaders: None of the Magnificent seven stocks, which have been spearheading the broader market uptrend since the start of the 2023, made it to the list of the top 10 gainers. The list featured two cybersecurity companies, namely CrowdStrike Holdings, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) and Fortinet, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>). CrowdStrike was rebounding from its global-outage-induced slump seen since July 19. 
Fortinet was helped by a strong post-earnings rally.
Two household and personal care products companies also made the cut, while a management change did the truck for coffee chain Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>).
The top 10 gainers for the month are:
<ul>
<li>Packaged food company Kellanova&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) (+38.62%) (upside primarily due to the rumors of a buyout by privately-held Mars and the subsequent confirmation of the deal)</li>
<li>Fortinet (+32.17%)</li>
<li>Starbucks (+26.52%)</li>
<li>Axon Enterprise, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) (+21.65%); Much of the gains stemmed from a post-earnings bump seen on Aug.7)</li>
<li>Clorox Company&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLX#NYSE">CLX</a>) (+21.02%)</li>
<li>CrowdStrike (+19.54%)</li>
<li>Kenvue Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KVUE#NYSE">KVUE</a>) (+19.88%)</li>
<li>Best Buy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) (+16.04%)</li>
<li>Arch Capital Group Ltd.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACGL#NYSE">ACGL</a>) (+18.07%)</li>
<li>Progressive Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) (+17.78%)</li>
</ul>
The Laggards: Artificial intelligence server manufacturer Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), which had a dream run after its inclusion in the S&amp;P 500 Index, plummeted following a short report and the delay flagged by the company in filing its 10-K report. Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), which is fraught with fundamental risk, was also one of the worst performers for the month.
A few retailers ended up in the list of the top 10 S&amp;P 500 decliners for August.
The top 10 losers for the month are:
<ul>
<li>Super Micro (-37.62%)</li>
<li>Moderna, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) (-35.08%)</li>
<li>Dollar General Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DG#NYSE">DG</a>) (-31.08%)</li>
<li>Intel (-27.86%)</li>
<li>Walgreens Boots Alliance, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>) (-20.19%)</li>
<li>Dollar Tree, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) (-19.02%)</li>
<li>Charles River Laboratories International, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) (-18.99%)</li>
<li>Airbnb, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>) (-15.94)</li>
<li>Bath &amp; Body Works, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) (-15.80%)</li>
<li>Etsy, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>) (-15.43%)</li>
</ul>
Earnings reactions triggered the weakness seen in some of these stocks, including Intel, and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40139012/moderna-stock-trading-lower-on-dismal-guidance-analysts-cuts-price-targets-noting-c">Moderna, which reduced its full-year forecast.</a>
With the Fed all but decided on a September rate cut, some of these beaten-down stocks, especially those in the retail space, could stage a turnaround. 
The SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), an exchange-traded fund that tracks the S&amp;P 500 Index, ended Friday&#8217;s session up 0.95% at $563.68, according to <a href="https://benzinga.grsm.io/register174">Benzinga Pro data.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40594093/economist-peter-schiff-warns-fed-may-be-committing-mistake-by-lowering-rates-in-sep">Economist Peter Schiff Warns Fed May Be Committing Mistake By Lowering Rates In September As Dollar Index Falls To Lowest In Over A Year</a></li>
</ul>

Comments

Kellanova

ニュース

最新ニュース Kellanova (NYSE:K) 株価情報

水曜日, 8 14, 2024

こんな人も見ています

ニュース

パートナーシップ

ベンジンガ・グローバル