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NOC

RTX

Northrop Grumman (NYSE:NOC) is distributing a dividend of $1.87 per share with an annualized yield of 1.60%. The company has shown a positive trend in dividend per share growth from $5.16 in 2019 to $6.76 in 2022, and earnings per share growth from $20.54 to $24.05 over the same period. This indicates a strong financial position and commitment to shareholder value. NOC's dividend yield is mid-range compared to peers, with RTX (NYSE:RTX) having the highest yield at 2.91%.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 3:05 pm

ARIS

TTEK

Tetra Tech (NASDAQ:TTEK) is set to distribute a dividend of $0.26 per share on December 13, 2023, with an annualized yield of 0.65%. Shareholders as of November 29, 2023, will be eligible. The company has shown a consistent increase in dividends per share from $0.57 in 2019 to $0.89 in 2022, and earnings per share have grown from $3.17 to $4.51 over the same period. However, Tetra Tech's dividend yield is lower than its industry peer Aris Water Solutions (NYSE:ARIS), which has a yield of 4.94%.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 3:05 pm

WCN

Wells Fargo analyst John Mazzoni has maintained an Overweight rating on Waste Connections (NYSE:WCN) and increased the price target from $160 to $170.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 3:03 pm

AXP

American Express Inc. (NYSE:AXP) stock is currently at $170.31, down 0.43% in the current session, but up 6.82% over the past month and 13.37% over the past year. The company's P/E ratio of 16.03 is lower than the Consumer Finance industry average of 45.68, suggesting it might be undervalued or may have weaker growth prospects compared to its peers.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 3:01 pm

HBARUSD

Hedera's cryptocurrency (HBAR) has seen a 5.41% increase in price over the last 24 hours, reaching $0.08, and a 16% increase over the past week from $0.07. Despite a 1% decrease in trading volume over the week, the circulating supply has grown by 0.13% to 33.58 billion, which is 67.15% of the maximum supply. Hedera's current market cap is $2.62 billion, ranking it 32nd in the market.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 3:00 pm

STTK

Shattuck Labs Inc (NASDAQ:STTK) reported positive initial data from a Phase 1A/B trial of SL-172154 in combination with Azacitidine for treating high-risk myelodysplastic syndromes (HR-MDS) and TP53 mutant acute myeloid leukemia (AML) patients. The study showed a 79% Objective Response Rate in HR-MDS patients and a 27% initial complete response rate in TP53m AML patients. The safety profile was acceptable, and the stock price soared by 91.3% to $4.03.

Portfolio Pulse from Vandana Singh

December 13, 2023 | 2:58 pm

X

U.S. Steel has received multiple acquisition bids exceeding $40 per share, according to sources. The company's board is scheduled to meet on Wednesday to discuss the offers.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 2:47 pm

JJSF

J&J Snack Foods (NASDAQ:JJSF) has announced a quarterly dividend of 73.5 cents per share, with the ex-dividend date set for Monday. Shareholders owning the stock by the end of Friday's session will be eligible for the dividend, which will be paid on January 9, 2024. The stock is expected to open 73.5 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:45 pm

CINF

Cincinnati Financial (NASDAQ:CINF) announced a quarterly dividend of 75 cents per share, with the ex-dividend date set for Monday. Shareholders owning CINF stock by the end of Friday's session will be eligible for the dividend, which will be paid on January 16, 2024. The stock is expected to open 75 cents lower on Monday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:45 pm

MPWR

Monolithic Power Systems Inc. (NASDAQ:MPWR) stock has seen a 1.46% increase in the current session, trading at $604.52. Over the past month and year, the stock has risen by 9.21% and 60.21%, respectively. The company's P/E ratio is lower than the industry average, which could indicate potential undervaluation or weaker growth prospects. Investors are advised to consider the P/E ratio among other financial metrics and industry trends when evaluating the company's market performance.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 2:45 pm