Page 33 - Aerospace News Today

Investment analysts at StockNews.com initiated coverage on shares of CPI Aerostructures (NYSEAMERICAN:CVU – Get Free Report) in a research report issued to clients and investors on Saturday. The firm set a “buy” rating on the aerospace company’s stock. CPI Aerostructures Stock Performance Shares of CVU opened at $2.53 on Friday. The company has a debt-to-equity […]

Leonardo DRS (NASDAQ:DRS – Get Free Report) issued an update on its FY24 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.74-$0.82 for the period, compared to the consensus estimate of $0.80. The company issued revenue guidance of $2.925-$3.025 billion, compared to the consensus revenue estimate of $3.01 billion. […]

Archer Aviation (NYSE:ACHR – Free Report) had its price objective reduced by JPMorgan Chase & Co. from $7.00 to $5.00 in a research report report published on Friday morning, Benzinga reports. They currently have an overweight rating on the stock. Separately, Cantor Fitzgerald reaffirmed an overweight rating and issued a $10.00 price target on shares […]

Eldridge Investment Advisors Inc. decreased its position in shares of RTX Co. (NYSE:RTX – Free Report) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,829 shares of the company’s stock after selling 117 shares during the quarter. Eldridge Investment Advisors […]

First Horizon Advisors Inc. cut its stake in The Boeing Company (NYSE:BA – Free Report) by 6.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,821 shares of the aircraft producer’s stock after selling 412 shares during the period. First Horizon Advisors […]

Eldridge Investment Advisors Inc. reduced its stake in shares of RTX Co. (NYSE:RTX – Free Report) by 4.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,829 shares of the company’s stock after selling 117 shares during the period. […]

Shares of Lockheed Martin Co. (NYSE:LMT – Get Free Report) dropped 1.1% during trading on Friday . The stock traded as low as $457.17 and last traded at $457.91. Approximately 189,114 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 1,144,412 shares. The stock had previously closed at […]

Levin Capital Strategies L.P. bought a new stake in General Dynamics Co. (NYSE:GD – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,599 shares of the aerospace company’s stock, valued at approximately $415,000. Other hedge funds and other […]

First Horizon Advisors Inc. lifted its holdings in shares of Huntington Ingalls Industries, Inc. (NYSE:HII – Free Report) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,302 shares of the aerospace company’s stock after purchasing an additional 240 shares […]

Leonardo DRS (NASDAQ:DRS – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.11 by $0.03, Briefing.com reports. The firm had revenue of $688.00 million during the quarter, compared to analysts’ expectations of $645.56 million. Leonardo DRS had a return on […]