Sunday, July 26, 2026

Week in Review 30/26

 



Welcome and thanks for reading!

In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.



Received Dividends:



July 20, 2026


  • €82.08– Philip Morris International Inc. (PM)
  • €43.67 – Bank OZK (OZK)
  • €19.74 – Nutrien Ltd. (NTR)


July 22, 2026


  • €53.44 – Cisco Systems, Inc. (CSCO)


July 23, 2026


  • €65.56 – Kesko Corporation (KESKO)



Week 30: Total net dividends €264.49



Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.



Portfolio Holdings News:



July 20, 2026


  • BW LPG Limited (BWLPG) announces sale of BW Levant; BWLPG announced that it has agreed to sell the 2015-built Very Large Gas Carrier (VLGC) BW Levant, which was acquired as part of the 2024 Avance Gas acquisition, to an undisclosed buyer. The transaction is expected to generate a net book gain of approximately US$17 million and net cash proceeds of around US$38 million.


  • RTX Corporation's (RTX) Pratt & Whitney Canada awarded $1 billion JPATS sustainment contract; Pratt & Whitney Canada, a unit of RTX, has been awarded a nine-year contract valued at about $1 billion to overhaul more than 750 engines used in the U.S. military's T-6 trainer aircraft fleet. The contract was awarded by V2X Inc. (VVX) under its T-6 Contractor Operated and Maintained Base Supply program, which provides maintenance and sustainment support for the Joint Primary Aircraft Training System, or JPATS.


  • RTX Corporation's (RTX) Missiles and Defense unit received a $1.81B contract modification to produce the AN/SPY-6(V) Family of Radars and related hardware. If all contract options are exercised, the total contract value could increase to $3.39B.


July 21, 2026


  • Bank OZK (OZK) Announces Second Quarter 2026 Earnings; OZK reported second-quarter GAAP EPS of $1.49, beating analyst expectations by $0.02 despite a 5.7% year-over-year decline. Revenue increased 0.5% to $430.0 million but missed estimates by $6.1 million. Net interest income totaled $392.1 million, up 1.7% from the first quarter of 2026 but down 1.2% from the second quarter of 2025. Provisions for credit losses increased to $45.6 million, compared with $41.9 million in the prior quarter and $35.2 million a year earlier.


  • Ally Financial Inc. (ALLY) Reports Second Quarter 2026 Financial Results; ALLY reported second-quarter non-GAAP EPS of $1.21, up 22% year over year but $0.01 below analyst expectations. Revenue increased 10.7% to $2.28 billion, exceeding estimates by $60 million. Return on common equity (ROCE) improved to 11.0%, up approximately 20 basis points from a year earlier, while the CET1 capital ratio increased to 10.1%, also up around 20 basis points year over year. Provisions for credit losses rose $46 million from the prior-year period to $430 million.


July 22 2026


  • Kesko Corporation (KESKO) Interim Report Q2 2026; KESKO reported second-quarter comparable EPS of €0.32, in line with analyst expectations and up 10.3% year over year. Revenue increased 6.0% to €3.38 billion, exceeding estimates by €51 million. Comparable operating profit rose to €194 million from €177 million a year earlier, beating analyst expectations of €191 million. Management narrowed its 2026 guidance, now expecting comparable operating profit of €670–730 million, compared with its previous outlook of €650–750 million.


  • Tieto Corporation (TIETO) Interim Report 2/2026; TIETO reported second-quarter revenue of €426.6 million, compared with €463.1 million in the prior-year period and broadly matching analyst expectations. EPS from continuing operations was €0.73, compared with a loss of €0.52 per share a year earlier and significantly above the consensus estimate of €0.34. Adjusted EBITA increased to €63.4 million from €43.7 million in the same period last year. Looking ahead, management expects full-year organic revenue growth of -5% to -3% and an adjusted EBITA margin of 14.8% to 15.8%. The organic growth guidance was revised on July 17 to reflect weaker market conditions.


  • Tieto Corporation (TIETO) to commence a new share buyback programme of €90 million; TIETO’s Board of Directors has resolved to commence a new share buyback programme of €90 million related to the proceeds from the divestment of Tieto Indtech’s Edlevo and HR&Payroll software businesses. The Buyback Programme will follow the ongoing €150 million programme, announced in February 2026, and share repurchases for share-based incentives, announced earlier today.


  • AT&T Inc. (T) Reports Second-Quarter 2026 Financial Results; T reported second-quarter non-GAAP EPS of $0.65, up 20.4% year over year and $0.06 above analyst expectations. Revenue increased 2.3% to $31.56 billion but missed estimates by $250 million. Free cash flow improved to $4.7 billion from $4.4 billion in the prior-year quarter. Management reaffirmed its 2026 guidance, expecting adjusted EPS of $2.25 to $2.35 and free cash flow of more than $18 billion.


  • Texas Instruments Incorporated (TXN) Reports Second Quarter 2026 Financial Results; TXN reported second-quarter GAAP EPS of $2.14, representing a 52% increase from the prior-year period and exceeding analyst expectations by $0.20. Revenue grew 22.7% year over year to $5.46 billion, surpassing consensus estimates by $220 million. Looking ahead, management guided for third-quarter revenue in the range of $5.65 billion to $6.15 billion and earnings per share of $2.23 to $2.57.


  • Kinder Morgan, Inc. (KMI) Reports Second Quarter 2026 Financial Results; KMI reported second-quarter non-GAAP EPS of $0.37, up 32% year over year and $0.06 above analyst expectations. Revenue increased 10.9% to $4.48 billion, exceeding estimates by $290 million. Management reaffirmed its 2026 guidance, expecting adjusted EPS of $1.36, representing 5% growth from 2025, and adjusted EBITDA of $8.6 billion, up 2% year over year.


  • Philip Morris International Inc. (PM) Reports 2026 Second-Quarter Results; PM reported second-quarter non-GAAP EPS of $2.20, representing a 15.2% increase from the prior-year period and exceeding analyst expectations by $0.15. Revenue grew 10.4% year over year to $11.19 billion, surpassing consensus estimates by $550 million. Looking ahead, management reiterated its 2026 targets for organic net revenue growth of 5% to 7%, organic operating income growth of 7% to 9%, and currency-neutral adjusted diluted EPS growth of 7.5% to 9.5%. Reflecting current exchange rates, the company now expects a favorable currency impact of approximately $0.15 per share, implying adjusted diluted EPS of $8.26 to $8.41.


July 23, 2026


  • UPM-Kymmene Corporation (UPM) Interim Report Q2 2026; UPM reported second-quarter EPS of €0.32, up 88.2% year over year and €0.03 above analyst expectations. Revenue increased 1.7% to €2.44 billion, broadly in line with analyst estimates. The Board approved a plan to demerge the Plywood business into a new listed company, with an Extraordinary General Meeting to vote on the proposal scheduled for August 31, 2026. For the second half of 2026, management expects comparable EBIT from continuing operations to be in the range of €375–575 million, excluding UPM Plywood, which is classified as discontinued operations.


  • Lockheed Martin Corporation (LMT) Reports Second Quarter 2026 Financial Results; LMT reported second-quarter GAAP EPS of $7.94, up from $1.46 in the prior-year period and $0.74 above analyst expectations. Revenue increased 10.5% year over year to $20.06 billion, exceeding estimates by $730 million. The company ended the quarter with a record backlog of $230 billion, including the recently awarded multi-year THAAD interceptor production contract. Management raised its 2026 guidance, now expecting sales of $79.75 billion to $81.75 billion (previously $77.5 billion to $80.0 billion), diluted EPS of $29.95 to $30.65 (previously $29.35 to $30.25), and free cash flow of $7.0 billion to $7.2 billion (previously $6.5 billion to $6.8 billion).


  • General Dynamics Corporation (GD) announced that its Electric Boat unit received a $127.1M contract modification from the U.S. Navy to procure long-lead materials for the Internal Communications System used in Virginia-class submarines.


  • RTX Corporation (RTX) Reports Q2 2026 Results; RTX reported second-quarter non-GAAP EPS of $1.89, up 21% year over year and $0.23 above analyst expectations. Revenue increased 14.5% to $24.7 billion, exceeding estimates by $1.82 billion. Total backlog rose to $289 billion, including $170 billion in commercial orders and $119 billion in defense orders. Management raised its 2026 guidance, now expecting adjusted revenue of $95.0 billion to $96.0 billion (previously $92.5 billion to $93.5 billion), organic sales growth of 8% to 9% (previously 5% to 6%), adjusted EPS of $7.10 to $7.25 (previously $6.70 to $6.90), and free cash flow of $8.50 billion to $8.75 billion (previously $8.25 billion to $8.75 billion).


  • Union Pacific Corporation (UNP) Reports Second Quarter 2026 Results; UNP reported second-quarter non-GAAP EPS of $3.41, representing a 13% increase from the prior-year period and exceeding analyst expectations by $0.18. Revenue grew 11.5% year over year to $6.86 billion, surpassing consensus estimates by $150 million. Operating revenue increased 12% to $6.9 billion, reflecting higher fuel surcharge revenue, volume growth, core pricing gains, and increased other revenue, partially offset by business mix. Looking ahead, management indicated that EPS growth has improved to the high-single-digit range, consistent with its target of achieving a three-year compound annual growth rate in the high-single- to low-double-digit range through 2027.


  • Digital Realty Trust, Inc. (DLR) Reports Second Quarter 2026 Results; DLR reported Q2 core FFO of $2.13 per share, representing a 13.9% increase from the prior-year period and exceeding analyst expectations by $0.15. Revenue grew 28.9% year over year to $1.92 billion, surpassing consensus estimates by $260 million. Looking ahead, management increased its 2026 guidance, raising core FFO per share (excluding net promote) to $8.15–$8.20 and constant-currency core FFO per share (excluding net promote) to $8.10–$8.15.


  • Omega Healthcare Investors, Inc. (OHI) Announces Increase in Quarterly Dividend; OHI announced that the Company’s Board of Directors declared a cash dividend of $0.68 per share, increasing the quarterly dividend on its common stock by $0.01 per share over the previous quarter. The dividend is payable Friday, August 14, 2026, to common stockholders of record as of the close of business on Monday, August 3, 2026.


July 24, 2026


  • Neste Corporation's (NESTE) Interim report for April-June 2026; NESTE reported second-quarter EPS of €1.00, compared with a loss of €0.05 per share in the same period last year and €0.10 above analyst expectations. Comparable EBITDA increased to €1.20 billion from €341 million a year earlier, exceeding the consensus estimate of €1.12 billion. Revenue rose to €5.99 billion from €4.51 billion in the prior-year period but fell short of the €6.21 billion consensus estimate. For 2026, management expects Renewable Products sales volumes to be approximately in line with 2025 levels, while Oil Products sales volumes are projected to decline due to the planned maintenance turnaround.


  • Verizon Communications Inc. (VZ) Reports Second Quarter 2026 Results; VZ reported second-quarter non-GAAP EPS of $1.30, up 6.6% year over year and $0.03 above analyst expectations. Revenue declined 0.7% to $34.25 billion, missing estimates by $860 million. Wireless service revenue also decreased 0.7% year over year to $20.8 billion. Management raised its 2026 guidance, now expecting total mobility and broadband service revenue growth to approach 3.0% in the third quarter and approximately 4.0% in the fourth quarter, accelerating from the 2.8% growth reported in the second quarter. The company also expects free cash flow growth of 9% to 10% year over year and adjusted EPS of $4.99 to $5.04, representing annual growth of 6% to 7%.


  • NextEra Energy, Inc. (NEE) Reports Second-Quarter 2026 Financial Results; NEE reported second-quarter non-GAAP EPS of $1.15, up 9.5% year over year and $0.04 above analyst expectations. Revenue increased 12.4% to $7.53 billion but missed consensus estimates by $640 million. Management reaffirmed its 2026 adjusted EPS guidance of $3.92 to $4.02 and reiterated its expectation of compound annual adjusted EPS growth of at least 8% through 2032. The company also reaffirmed its target of at least 8% annual adjusted EPS growth from 2032 through 2035, based on its 2025 adjusted EPS baseline of $3.71.


  • General Dynamics Corporation (GD) announced that its Mission Systems unit won a $400.4M cost-no-fee letter contract from the Space Development Agency. The contract covers the development, testing, integration, and long-term support of the ground segment software for the Proliferated Warfighter Space Architecture Tranche Three program.


  • Canadian National Railway Company (TSE:CNR) Reports Second Quarter Results; CNR reported second-quarter non-GAAP EPS of C$2.08, up from C$1.87 in the prior-year period and C$0.12 above analyst expectations. Revenue increased 11.2% year over year to C$4.75 billion, exceeding estimates by C$130 million. The operating ratio was 62.5%, up 80 basis points from a year earlier, while the adjusted operating ratio was 62.2%, up 50 basis points. Management now expects low single-digit RTM growth in 2026, compared with its previous assumption of flat growth provided on January 30, 2026. The company also updated its outlook to adjusted diluted EPS growth in the mid- to high-single-digit range, compared with its previous expectation of slightly exceeding RTM growth.



Articles that caught my attention:





Thanks for stopping by!


Posted by
Labels: , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)