ClearBridge Dividend Strategy ESG ETF (NASDAQ: YLDE)

ClearBridge Dividend Strategy ESG ETF (NASDAQ:YLDE), Quote.Headers.trade-ideas

ClearBridge Dividend Strategy ESG ETF

Financial Services

Technology

Healthcare

Basic Materials

Consumer Defensive

Utilities

Energy

Industrials

Consumer Cyclical

Communication Services

Real Estate

Other

Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in dividend-paying stocks or other instruments with similar economic characteristics that offer the potential for income growth and capital appreciation over time and that meet its financial and environmental, social and governance (ESG) criteria. The fund may also invest in companies that the subadviser believes are making substantial progress toward becoming a leader in ESG policies.

Microsoft Corp

Williams Cos. Inc.

Nestle S.a. Adr

Athene (Ath) / Apollo Global Management (Apo)

Jpmorgan Chase & Co

Sempra Energy

Comcast Corporation (Class A)

Becton Dickinson And Co.

Linde Plc

Visa Inc-Class A Shares

Mizuho analyst Maheep Mandloi maintains SolarEdge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) with a Outperform and lowers the price target from $40 to $35.

News

Price Target

Analyst Ratings

SEDG

Mizuho Maintains Outperform on SolarEdge Technologies, Lowers Price Target to $35

Pivotal Research analyst Jeffrey Wlodarczak maintains Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and raises the price target from $460 to $510.

SPOT

Pivotal Research Maintains Buy on Spotify Technology, Raises Price Target to $510

Insider Trades

INTC

MBLY

Intel Said Earlier, Currently Do Not Have Any Plans To Divest A Majority Interest In Mobileye; Said Believes In The Future Of Autonomous Driving Technology

Mizuho analyst Ben Chaiken maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Outperform and raises the price target from $22 to $25.

Mizuho Maintains Outperform on Carnival, Raises Price Target to $25

WIIM

Darden Restaurants shares are trading higher. The company reported Q1 financial results.

FactSet Research Systems Inc&nbsp;(NYSE: FDS) reported fiscal fourth-quarter 2024 sales growth of 4.9% year-on-year to $562.2 million, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/g40935197/factset-reports-results-for-fourth-quarter-2024" rel="noreferrer noopener">analyst&nbsp;consensus estimate of $546.81 million</a>.&nbsp;
Organic revenue from the financial data, analytics, and software solutions provider rose by 5.0% Y/Y to $562.8 million, aided by wealth, banking, institutional asset managers, and asset owners.
Adjusted EPS of $3.74 beat the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $3.62</a>.
As of August&nbsp;31, the client count was 8,217, a net increase of 188 clients in the past three months. Wealth, corporates, hedge funds, and partners primarily drove the increase. The count includes clients with Annual Subscription Values (ASVs) of $10,000 and more.
Adjusted operating margin improved to 35.8% (+240 bps Y/Y).&nbsp;Adjusted EBITDA fell by 0.4% to $170.5 million.
The company held $492.6 million in cash and equivalents as of August 31, 2024.&nbsp;
&#8220;During a time of technological change and an external environment marked by both uncertainty and opportunity, FactSet&#8217;s open platform strategy is resonating with clients seeking growth and efficiency,&#8221; said Phil Snow, CEO of FactSet.
FY25 Outlook:&nbsp;FactSet&nbsp;expects a fiscal 2025 revenue outlook of $2.285 billion–$2.305 billion versus $2.301 billion estimate and adjusted EPS of $16.80–$17.40 versus&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $17.36</a>.
Factset Research Systems stock gained 5% in the last 12 months.
Price Action: FDS stock is up 0.01% at $446.85 premarket at the last check Thursday.

Earnings

Guidance

Tech

FactSet Research Q4 Earnings: Revenue And Profit Beat, Adds 188 New Clients, Margin Boost And More

Macro Economic Events

Econ #s

Economics

Bank of England Interest Rate Decision For September Unchanged At 5.00%

Stock Split

General

BNZI

Banzai International Will Effect A One-for-fifty Reverse Stock Split, Effective At 12:01 A.M., EDT, On September 19

Loop Capital analyst Chris Dankert maintains Regal Rexnord (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRX#NYSE">RRX</a>) with a Buy and maintains $200 price target.

Loop Capital Maintains Buy on Regal Rexnord, Maintains $200 Price Target

DASH

DoorDash shares are trading higher after BTIG upgraded the stock from Neutral to Buy and announced a $155 price target.

The United States is rapidly falling behind China in preparing for potential conflict, as revealed in recent hearings at the Pentagon. 
What Happened: Two key congressional panels heard that the Pentagon&#8217;s outdated procedures and a crisis-driven public are significant obstacles. Lawmakers from both parties urged Deputy Secretary of State Kurt Campbell to address these issues, the South China Morning Post<a href="https://www.scmp.com/news/china/diplomacy/article/3279059/us-falling-rapidly-behind-china-preparing-next-war-two-congressional-panels-hear?module=top_story&amp;pgtype=homepage"> reported</a> on Wednesday.
House Foreign Affairs Committee chairman Michael McCaul criticized the slow pace of technology transfers to allies, despite legislation intended to expedite the process. Campbell agreed, stating adjustments are necessary for stronger partnerships with Great Britain and Australia.
Democratic congressman Gabe Amo also expressed concerns about delays, to which Campbell responded that contract reviews are the primary cause. He assured that the U.S. would provide essential resources to its allies.
The hearings occurred amid budget disagreements and a delayed defense roadmap. The Commission on the National Defence Strategy&#8217;s recent report called for a larger military and closer ties with allies to counter threats from China, Russia, Iran, and North Korea.
Former congresswoman Jane Harman and former undersecretary of defense Eric Edelman highlighted the need for a more integrated force and a modernized industrial base. Edelman warned of the potential for a global conflict and the risk of losing such a war.
See Also: <a href="https://www.benzinga.com/news/24/09/40894933/kim-jong-uns-north-korea-outranks-china-as-russias-top-ally-in-ukraine-conflict-says-military-intell?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Kim Jong Un&#8217;s North Korea Outranks China As Russia&#8217;s Top Ally In Ukraine Conflict, Says Military Intelligence Chief</a>
Campbell emphasized the importance of technology in competition and the need for more tech-savvy personnel in the government. Both committees stressed the significance of alliances to counter China&#8217;s growing influence.
Why It Matters: The warnings from congressional panels come amid escalating tensions between the United States and China. Recently, China's ambassador to the United States, Xie Feng,<a href="https://www.benzinga.com/news/24/09/40851594/chinese-ambassador-issues-stern-warning-to-us-on-red-lines-taiwan-question-is-the-most-paramount-and"> issued a stern warning</a> to the U.S. regarding interference in China&#8217;s sovereignty, particularly concerning Taiwan. He emphasized that Taiwan is a critical &#8220;red line&#8221; that must not be crossed.
Additionally, the U.S. and its allies have raised alarms over <a href="https://www.benzinga.com/news/24/09/40827572/us-and-allies-raise-alarm-over-chinas-support-for-russias-military">China's support for Russia's military</a>, which is seen as a significant factor in the ongoing conflict in Ukraine. This support includes exports of dual-use goods and battlefield items, which are bolstering Russia's military capabilities.
Earlier this year, McCaul warned that the U.S. House Foreign Affairs Committee has the <a href="https://www.benzinga.com/news/24/05/39037174/us-lawmaker-warns-to-declare-war-on-china-in-case-of-an-unprovoked-attack-on-taiwan">authority to declare war</a> if China attacks Taiwan without provocation. He emphasized that deterrence is crucial to prevent such an outcome, stating, &#8220;If the island in an unprovoked manner was invaded, then it would be to the American people and the United States Congress, and my committee that has the power to declare war, how to deal with that.&#8221;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40915796/japan-expresses-serious-concerns-as-chinese-aircraft-carrier-enters-contiguous-waters-amid-rising-te?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Japan Expresses &#8216;Serious Concerns&#8217; As Chinese Aircraft Carrier Enters Contiguous Waters Amid Rising Tensions: &#8216;Utterly Unacceptable&#8217;</a></li>
</ul>
Image via Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

Politics

Global

US Lagging Behind China In War Preparedness, Congressional Panels Warn

Loop Capital analyst Yun Kim maintains Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) with a Hold and maintains $270 price target.

Loop Capital Maintains Hold on Salesforce, Maintains $270 Price Target

Loop Capital analyst Mark Schappel maintains Aspen Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) with a Buy and raises the price target from $204 to $260.

AZPN

Loop Capital Maintains Buy on Aspen Technology, Raises Price Target to $260

Full Fiscal Year 2025:
Endava expects revenue will be in the range of &pound;800.0 million to &pound;810.0 million, representing a constant currency revenue increase of between&nbsp;10.0%&nbsp;and&nbsp;11.5%&nbsp;on a year over year basis. Endava expects adjusted diluted EPS to be in the range of &pound;1.12 to &pound;1.17 per share.
This above&nbsp;guidance&nbsp;for the&nbsp;first quarter&nbsp;and full fiscal year 2025 assumes the exchange rates on August 31, 2024 (when the exchange rate was 1 British Pound to 1.31 US Dollar and 1.19 Euro).

DAVA

Endava Expects FY2025 Revenue Of £800M-£810M Versus Consensus Of £742.01M, Sees Adjusted EPS Of £1.12-£1.17

Stephens &amp; Co. analyst Jim Salera reiterates Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) with a Equal-Weight and maintains $159 price target.

Reiteration

Stephens & Co. Reiterates Equal-Weight on Darden Restaurants, Maintains $159 Price Target

Biotech

Health Care

BTAI

Bioxcel Therapeutics Will Reduce Its Workforce By 15 Employees, Or Approximately 28% Of The Company's Headcount-Filing

First Quarter&nbsp;Fiscal Year 2025:
Endava expects revenue will be in the range of &pound;194.0 million to &pound;195.0 million, representing a constant currency revenue increase of between&nbsp;4.5%&nbsp;and&nbsp;5.0%&nbsp;on a year over year basis. Endava expects adjusted diluted EPS to be in the range of &pound;0.21 to &pound;0.22 per share.
Full Fiscal Year 2025:
Endava expects revenue will be in the range of &pound;800.0 million to &pound;810.0 million, representing a constant currency revenue increase of between&nbsp;10.0%&nbsp;and&nbsp;11.5%&nbsp;on a year over year basis. Endava expects adjusted diluted EPS to be in the range of &pound;1.12 to &pound;1.17 per share.
This above&nbsp;guidance&nbsp;for the&nbsp;first quarter&nbsp;and full fiscal year 2025 assumes the exchange rates on August 31, 2024 (when the exchange rate was 1 British Pound to 1.31 US Dollar and 1.19 Euro).

Endava Expects Q1 2025 Revenue Of £194M-£195M Versus Consensus Of £195.668M, Sees Adjusted EPS Of £0.21-£0.22

Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), also considered a barometer for the country's tech industry, is up in Thursday's premarket trading following the U.S. Federal Reserve lowering its benchmark interest rate to spur demand.
The U.S. Fed slashed the lending rate by 50 bps, lowering the central bank's benchmark rate to between 4.75% and 5%
Alibaba's domestic peers PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), JD.com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), and Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) stocks are also up.
<a target="_blank" href="https://in.benzinga.com/markets/equities/24/09/40932103/it-stocks-on-the-rise-after-u-s-fed-cuts-interest-rate" rel="noreferrer noopener">Analysts expect the interest</a> rate cut to drive growth in discretionary spending from U.S. companies. It could also boost Chinese companies that are invested in integrating capital-intensive artificial intelligence technology into their different businesses, including e-commerce, logistics, cloud, and more, to drive growth despite the U.S. sanctions on advanced technology.
Beaten-down Chinese electric vehicle stocks, including NIO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), and ZEEKR Intelligent Technology Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>), are also up Thursday. AI technology is also an indispensable part of their progress.
Meanwhile, China <a target="_blank" href="https://www.benzinga.com/government/24/09/40923879/chinas-ymtc-makes-strides-in-chip-production-substitutes-asml-lam-research-tech-as-us-sanctions-bite" rel="noreferrer noopener">needs help finding</a> solutions to the U.S. technology embargo through domestic chipmakers like Yangtze Memory Technologies Co. However, Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) AI chips are still making their way into China via illegal routes and tweaking other countries' export rules.
Meanwhile, Alibaba's cloud unit will host its annual tech event, Aspara Conference 2024, to discuss the future of artificial general intelligence (AGI). Key speakers at the event include Alibaba and cloud unit chief Eddie Wu Yongming and XPeng founder He Xiaopeng, SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3279005/alibaba-cloud-kick-annual-aspara-tech-event-focus-ai?module=perpetual_scroll_0&amp;pgtype=article" rel="noreferrer noopener">reports</a>. Autonomous driving and humanoid robots will be major topics at the Aspara main forum. Moonshot AI, StepFun, and Shengshu Technology AI start-ups will likely share their large language model (LLM) experiences.
Alibaba showcased 100 open-source artificial intelligence models catering to applications and sectors ranging from automobiles to gaming and science research, CNBC <a target="_blank" href="https://www.cnbc.com/2024/09/19/alibaba-launches-over-100-new-ai-models-releases-text-to-video-generation.html" rel="noreferrer noopener">cites</a> Alibaba from the event.
The <a target="_blank" href="https://www.benzinga.com/news/24/09/40901862/whats-going-on-with-chinese-ev-stocks-nio-xpeng-li-auto-zeekr-on-tuesday" rel="noreferrer noopener">Chinese stocks got</a> a boost earlier this week from reports indicating People's Bank of China's (PBOC) plans to cut the bank reserve requirement ratio (RRR) by 50 bps, followed by another half-point cut in the first half of 2025.
Price Actions: BABA stock is up 4.11% at $87.89 premarket at last check Thursday. PDD is up 3.27% at $101.44, JD is up 6.50% at $28.67, BIDU is up 3.40% at $87.55, NIO is up 4.78% at $5.25, XPEV is up 5.79% at $9.14, LI is up 2.75% at $21.33, ZK is up 3.63% at $15.71.
Photo via Shutterstock

Government

Regulations

Emerging Markets

Movers

Media

BABA

BIDU

NVDA

Citigourp Global Markets 2% Protected Notes Linked To The Djia

XPEV

What's Going On With Chinese Tech Stocks Like Alibaba, PDD On Thursday?

The program aims to re-engage patients with the healthcare system, delivering essential care to underserved communities in Sacramento, San Diego, Riverside, Los Angeles, San Bernadino, and Orange County through a partnership with a top 10 national insurance provider.

DCGO

DocGo ExpandsProgram To Enhance Healthcare Access For California Medi-Cal Enrollees/Patients/Members

ARQQ

Arqit Quantum Has Determined To Effect A 25:1 Reverse Share Split, Effective September 25

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ClearBridge Dividend Strategy ESG ETF

Overview

ClearBridge Dividend Strategy ESG ETF (NASDAQ:YLDE), Quote.Headers.trade-ideas