alxpin/iStock via Getty Images Thesis Lumen Technologies ( LUMN ) reported a 4Q25 non-GAAP EPS of $0.23, beating analyst expectations by about $0.50. Revenue, however, came in at $3.04 billion, declining about 8.7% year-over-year but still landing in line with consensus estimates. I think this earnings beat reflects some much stronger cost controls and improved operating efficiency, even with the ...
alxpin/iStock via Getty Images Thesis Lumen Technologies ( LUMN ) reported a 4Q25 non-GAAP EPS of $0.23, beating analyst expectations by about $0.50. Revenue, however, came in at $3.04 billion, declining about 8.7% year-over-year but still landing in line with consensus estimates. I think this earnings beat reflects some much stronger cost controls and improved operating efficiency, even with the ongoing revenue pressure from legacy business lines. However, I'm very pleased with the financial reset and what it could mean for Lumen going forward. The stock was down about 5% yesterday and a further 4% post-market. In my previous coverage , I went into detail about how Lumen is reshaping their product offering as seen with deals with Palantir ( PLTR ). Now heading into 2026, I'm expecting more of the same, and I'm viewing this earnings sell-off as a discount opportunity. 4Q25 results Lumen, as you know, has just reported 4Q25 and FY25 earnings. From what I saw, I think this company is still in the middle of a pretty hard pivot. They're trying to go from a legacy telecom decline toward a somewhat more focused enterprise and digital infrastructure strategy. We've seen the recently completed AT&T transaction acting as the big financial reset button in this context. So inevitably, there was going to be some disappointment in terms of market reaction. Total revenue continued to contract, down about 9% year-over-year in 4Q25 and 5% for the FY25, however the composition of that revenue is meaningfully improving, as I'll explain. They of course hold that 'Grow' category within the Business segment, which rose 5% for the year, showing us a bit of stronger demand for Private Connectivity Fabric (PCF) and Network-as-a-Service (NAAS) offerings tied to both cloud/AI, and programmable networking. The company also saw hefty PCF contract signings of almost $13 billion and a 29% increase in NaaS customers. Now, this tells me there's some real commercial traction rather than just narrat...
Microsoft has gotten torched over the last six months - since August 2025, its stock price has dropped 23.1% to $411.99 per share. This might have investors contemplating their next move. Following the pullback, is now a good time to buy MSFT? Find out in our full research report, it’s free. Why Are We Positive On MSFT? Originally named "Micro-soft" for microcomputer software when founded in 1975,...
Microsoft has gotten torched over the last six months - since August 2025, its stock price has dropped 23.1% to $411.99 per share. This might have investors contemplating their next move. Following the pullback, is now a good time to buy MSFT? Find out in our full research report, it’s free. Why Are We Positive On MSFT? Originally named "Micro-soft" for microcomputer software when founded in 1975, Microsoft (NASDAQ:MSFT) is a global technology company that develops software, cloud services, devices, and AI solutions for consumers, businesses, and organizations worldwide. 1. Skyrocketing Revenue Shows Strong Momentum Microsoft proves that huge, scaled companies can still grow quickly. The company’s revenue base of $153.3 billion five years ago has nearly doubled to $305.5 billion in the last year, translating into an exceptional 14.8% annualized growth rate. Over the same period, Microsoft’s big tech peers Amazon, Alphabet, and Apple put up annualized growth rates of 14.1%, 18.1%, and 8.2%, respectively. 2. Outstanding Long-Term EPS Growth We track the long-term change in earnings per share (EPS) because it shows whether a company’s growth is profitable. It also explains how taxes and interest expenses affect the bottom line. Microsoft’s EPS grew at an astounding 18.9% compounded annual growth rate over the last five years, higher than its 14.8% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. 3. Excellent Free Cash Flow Margin Boosts Reinvestment Potential Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. Microsoft has shown terrific cash profitability, driven by its lucrative business model that enables it to reinvest, return capital to investors, and stay ahead of the competition while maintaining an ample cushion. The company’...
tadamichi/iStock via Getty Images The following segment was excerpted from the Diamond Hill Small Cap Strategy Q4 2025 Commentary. Key contributors Regional airline Allegiant Travel ( ALGT ) reported strong near-term demand trends in Q4 alongside a generally softer jet fuel environment, which improved investor sentiment around its ability to deliver margin improvement. Triumph Financial ( TFIN ) p...
tadamichi/iStock via Getty Images The following segment was excerpted from the Diamond Hill Small Cap Strategy Q4 2025 Commentary. Key contributors Regional airline Allegiant Travel ( ALGT ) reported strong near-term demand trends in Q4 alongside a generally softer jet fuel environment, which improved investor sentiment around its ability to deliver margin improvement. Triumph Financial ( TFIN ) provides banking and other services with a niche focus on the transportation industry, including its innovative payments platform – TriumphPay. In Q4, shares rebounded on increasing optimism for an end to the longest-running freight recession in history. Copper mining company, Taseko Mines ( TGB ) , saw shares move higher in Q4 as copper prices increased more than 15%. Performance was also supported by growing optimism around the company's pending project in Florence, AZ. Key detractors Oil-Dri ( ODC ) , a leading provider of branded and private-label cat litter as well as other sorbent materials, reported solid but more normalized results against a backdrop of more difficult comparisons. No change to our long-term view — this is a business that continues to execute very well, owns tangible assets with a proven expertise in creating value in a specialized niche, and has several structural growth drivers going forward. Rocket Companies ( RKT ) , a fully integrated mortgage provider which we received shares of following the recent closing of its acquisition of Mr. Cooper, underperformed due to evolving market expectations surrounding the path of interest rates, which is key driver of its mortgage originations business. Bank OZK ( OZK ) , a regional bank with an established expertise in commercial real estate lending, saw shares decline following Q3 earnings as management communicated a more tepid earnings outlook for 2026. An increasing group of anticipated loan payoffs points to more challenging loan growth, while continued investment in the franchise is expected to drive hig...
英国政府以国家安全名义剥夺中资对所收购英国企业的所有权 【财新网】 涉及中荷两国的安世半导体控制权纷争尚未尘埃落定，另一桩中资收购英国芯片公司的交易在交割三年后被英国政府强力介入，要求中资必须出售所购标的股权。 2021年12月，北京建广私募基金管理有限公司（下称建广资产）牵头组成中资财团，以4.14亿美元收购英国USB桥接芯片企业Future T echnology Devices Intern...
英国政府以国家安全名义剥夺中资对所收购英国企业的所有权 【财新网】 涉及中荷两国的安世半导体控制权纷争尚未尘埃落定，另一桩中资收购英国芯片公司的交易在交割三年后被英国政府强力介入，要求中资必须出售所购标的股权。 2021年12月，北京建广私募基金管理有限公司（下称建广资产）牵头组成中资财团，以4.14亿美元收购英国USB桥接芯片企业Future T echnology Devices International Limited（下称“FTDI”）80.2%股权交易完成交割。然而三年后的2024年11月，英国政府以2022年1月生效的《国家安全与投资法》为依据追溯这桩交易，以威胁国家安全为由，强制要求中资财团转让FTDI全部股权——这一强制出售的交割截止日是2026年2月7日。
Intact Investment Management Inc. boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 55.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,400 shares of the social networking company's stock after purchasing an additional 10,100 shares during the period. ...
Intact Investment Management Inc. boosted its position in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 55.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,400 shares of the social networking company's stock after purchasing an additional 10,100 shares during the period. Intact Investment Management Inc.'s holdings in Meta Platforms were worth $20,856,000 at the end of the most recent reporting period. Get Meta Platforms alerts: Sign Up Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Meta Platforms by 1.7% in the fourth quarter. Brighton Jones LLC now owns 34,551 shares of the social networking company's stock worth $20,230,000 after acquiring an additional 570 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Meta Platforms by 10.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,456 shares of the social networking company's stock valued at $5,537,000 after purchasing an additional 875 shares in the last quarter. Headwater Capital Co Ltd increased its holdings in Meta Platforms by 294.7% during the 1st quarter. Headwater Capital Co Ltd now owns 150,000 shares of the social networking company's stock worth $86,454,000 after purchasing an additional 112,000 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of Meta Platforms in the 2nd quarter valued at approximately $213,000. Finally, Hamilton Capital Partners LLC boosted its stake in shares of Meta Platforms by 6.3% during the 2nd quarter. Hamilton Capital Partners LLC now owns 24,760 shares of the social networking company's stock valued at $18,275,000 after buying an additional 1,473 shares during the last quarter. Hedge funds and other institutional investors own 79.91% of the...
Parthenon LLC lowered its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,475 shares of the social networking company's stock after selling 2,134 shares during the period. Meta Platforms comprises 5.7% of Parthenon LLC's ho...
Parthenon LLC lowered its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,475 shares of the social networking company's stock after selling 2,134 shares during the period. Meta Platforms comprises 5.7% of Parthenon LLC's holdings, making the stock its 3rd largest position. Parthenon LLC's holdings in Meta Platforms were worth $51,021,000 at the end of the most recent quarter. Get Meta Platforms alerts: Sign Up Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in META. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in Meta Platforms by 0.4% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,506 shares of the social networking company's stock valued at $2,587,000 after buying an additional 13 shares in the last quarter. Hemington Wealth Management increased its position in shares of Meta Platforms by 0.6% during the second quarter. Hemington Wealth Management now owns 2,223 shares of the social networking company's stock worth $1,641,000 after acquiring an additional 14 shares in the last quarter. Vista Capital Partners Inc. raised its holdings in shares of Meta Platforms by 1.3% during the second quarter. Vista Capital Partners Inc. now owns 1,075 shares of the social networking company's stock worth $794,000 after acquiring an additional 14 shares during the period. Trust Co of the South raised its holdings in shares of Meta Platforms by 0.8% during the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company's stock worth $1,359,000 after acquiring an additional 14 shares during the period. Finally, Sentinel Pension Advisors LLC lifted its position in Meta Platforms by 1.6% in the 3rd quarter. Sentinel Pension Advisors LLC now owns ...
Whittier Trust Co. of Nevada Inc. grew its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,134 shares of the social networking company's stock after acquiring an additional 4,538 shares during the period. Meta Platforms c...
Whittier Trust Co. of Nevada Inc. grew its position in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,134 shares of the social networking company's stock after acquiring an additional 4,538 shares during the period. Meta Platforms comprises 1.5% of Whittier Trust Co. of Nevada Inc.'s portfolio, making the stock its 14th largest holding. Whittier Trust Co. of Nevada Inc.'s holdings in Meta Platforms were worth $70,441,000 at the end of the most recent quarter. Get Meta Platforms alerts: Sign Up A number of other institutional investors and hedge funds have also made changes to their positions in META. Goldstone Financial Group LLC grew its stake in shares of Meta Platforms by 44.4% during the 3rd quarter. Goldstone Financial Group LLC now owns 3,752 shares of the social networking company's stock worth $2,756,000 after purchasing an additional 1,153 shares during the period. CW Advisors LLC boosted its holdings in Meta Platforms by 27.8% during the second quarter. CW Advisors LLC now owns 176,762 shares of the social networking company's stock worth $130,467,000 after buying an additional 38,432 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Meta Platforms by 11.0% during the second quarter. Sequoia Financial Advisors LLC now owns 210,526 shares of the social networking company's stock worth $155,387,000 after buying an additional 20,912 shares in the last quarter. Stephens Inc. AR increased its holdings in Meta Platforms by 5.6% in the second quarter. Stephens Inc. AR now owns 84,687 shares of the social networking company's stock valued at $62,507,000 after buying an additional 4,473 shares in the last quarter. Finally, Motiv8 Investments LLC lifted its position in shares of Meta Platforms by 11.5% during the 2nd quarter. Motiv8 Investments LLC now owns 2,080 share...