Jefferies Financial Group Inc. recently acquired a new position in International Business Machines Corporation (IBM) during the second quarter, purchasing 176,779 shares valued at approximately $49.71 million. Institutional investors collectively hold 58.96% of IBM's stock, with several other major firms also modifying their holdings. IBM reported quarterly EPS meeting estimates but revenue slightly below consensus, while analysts maintain a "Moderate Buy" rating with an average price target of $265.90.

Ironvine Capital Partners LLC decreased its stake in Costco Wholesale Corporation (NASDAQ:COST) by 19.3% in the second quarter, now holding 27,040 shares valued at $25.3 million. Despite this reduction, Costco remains a significant part of Ironvine's portfolio, representing 2.2%. The article also highlights that institutional investors own 68.48% of Costco's stock, with several major firms increasing their holdings, and analysts maintaining a "Moderate Buy" consensus with an average price target of $1,056.03.

Wellington Management Group LLP has invested $5.38 million in MGM Resorts International by purchasing 112,543 shares during the second quarter. Other institutional investors like Rakuten Investment Management, Fulcrum Asset Management, Liontrust Investment Partners, Jefferies Financial Group Inc., and Corient Private Wealth LP also acquired or increased stakes in MGM. Analysts currently rate MGM Resorts International as a "Moderate Buy" with a consensus price target of $53.37.

The PSQO ETF, launched on September 11, 2024, is actively managed by Palmer Square Holdings LLC and invests broadly in global fixed-income markets, including various debt securities, loans, and derivatives. It has an expense ratio of 0.52% and a current dividend yield of 4.48%. The fund's assets under management are $264.66 million, and it holds a significant portion in securitized and corporate bonds.

Local leaders in Graham County are urging the Bureau of Land Management (BLM) to delay approval of a massive 21,774-acre land exchange with Freeport Minerals Corporation (FMC) until the mining giant agrees to concrete concessions, environmental safeguards, and financial transparency. Concerns include significant declines in local tax revenue, potential water depletion, environmental impact from mine tailings, strain on infrastructure from an influx of workers, and loss of public access to historic sites and recreational areas. Local officials are calling on residents to submit public comments to the BLM before September 14, 2026, to demand Freeport address these issues as binding conditions of the exchange.

Zacks Investment Ideas highlights Oracle (ORCL) and Adobe (ADBE) ahead of their quarterly earnings reports, focusing on their respective contributions to the AI boom. Oracle's rapid cloud growth and AI-driven backlog justify its premium valuation, while Adobe's discounted stock presents an opportunity if it can prove AI is a tailwind rather than a threat. The article suggests Oracle is the more compelling investment, holding a Zacks Rank #2 (Buy), compared to Adobe's Zacks Rank #4 (Sell).

Amundi increased its stake in International Flavors & Fragrances Inc. (NYSE:IFF) by 87.6% during the second quarter, now owning 1,329,654 shares worth $105.3 million. Other institutional investors like California State Teachers Retirement System and BlackRock Inc. also significantly modified their holdings. The company recently announced a quarterly dividend and a stock repurchase program, while insiders have sold shares.

Amundi reduced its stake in Gen Digital Inc. (NASDAQ:GEN) by 19.9% in the second quarter, selling 826,732 shares and retaining 3,325,613 shares valued at $82.77 million. Other institutional investors also adjusted their positions, with Gen Digital's stock currently 81.38% owned by institutional investors. The company reported strong quarterly earnings, beating consensus estimates, and analysts have a "Hold" consensus rating with a target price of $31.60.

Amundi reduced its stake in Tractor Supply Company (NASDAQ:TSCO) by 38.1% in the second quarter, selling over 1.6 million shares. Despite this, other institutional investors increased their holdings, and insiders also purchased shares. The company recently reported earnings that slightly missed analyst estimates and declared a quarterly dividend.

Amundi increased its stake in Raymond James Financial, Inc. (NYSE:RJF) by 19.3% in the second quarter, bringing its total holdings to 478,939 shares valued at $72.81 million. This move is part of a broader trend of institutional investment in RJF, with other firms like California State Teachers Retirement System and Wedmont Private Capital also adjusting their positions. The article also details recent insider transactions, analyst ratings, and the company's strong financial performance, including beating earnings estimates and announcing a quarterly dividend.