Intech Investment Management has reduced its
Expeditors International of Washington, Inc. (EXPD) holdings, decreasing investor confidence, while other major investment firms such as
Envestnet Portfolio Solutions and Atomi Financial Group have increased their shares. EXPD has yielded a significant return for investors over the past five years. Some investment firms, however, have reduced their shares, including Concurrent Investment Advisors and Empowered Funds.
Banco Santander notably purchased a large number of shares. Forecasts for EXPD Q2 2024 earnings are positive, according to Zacks Research, while its Q4 reports revealed a decline amid market uncertainty. Dividends increased from the previous year, but there is speculation regarding this being the worst dividend aristocrat stock to purchase. Furthermore, numerous shares were sold and bought by various firms, while
Sumitomo Mitsui Trust Holdings sold a substantial amount. Despite a Q1 revenue drop, Q1 earnings and revenue estimates were topped, leading to an 8.1% increase since the last earning report. However, the overvaluation of EXPD is noteworthy and could cause some uncertainty among investors.
Expeditors International of Washington EXPD News Analytics from Fri, 01 Aug 2003 07:00:00 GMT to Sun, 21 Jul 2024 19:41:05 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -6
