Latest news with #Utilities
Yahoo
a day ago
- Business
- Yahoo
Is Gabelli Utilities AAA (GABUX) a Strong Mutual Fund Pick Right Now?
If investors are looking at the Sector - Utilities fund category, make sure to pass over Gabelli Utilities AAA (GABUX). GABUX has a Zacks Mutual Fund Rank of 5 (Strong Sell), which is based on various forecasting factors like size, cost, and past performance. Objective GABUX is classified in the Sector - Utilities segment by Zacks, an area full of potential. Sector - Utilities mutual funds focus on companies that provide essential services such as electric power, gas distribution, and water supply to millions of people on a daily basis. Overall, the utility industry is known for its stability and reduced volatility. History of Fund/Manager Gabelli Funds is based in Rye, NY, and is the manager of GABUX. Since Gabelli Utilities AAA made its debut in January of 2002, GABUX has garnered more than $215.76 million in assets. The fund's current manager is a team of investment professionals. Performance Of course, investors look for strong performance in funds. This fund in particular has delivered a 5-year annualized total return of 7.47%, and is in the bottom third among its category peers. But if you are looking for a shorter time frame, it is also worth looking at its 3-year annualized total return of 4.71%, which places it in the bottom third during this time-frame. It is important to note that the product's returns may not reflect all its expenses. Any fees not reflected would lower the returns. Total returns do not reflect the fund's [%] sale charge. If sales charges were included, total returns would have been lower. When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. Over the past three years, GABUX's standard deviation comes in at 15%, compared to the category average of 14.61%. The fund's standard deviation over the past 5 years is 14.57% compared to the category average of 14.2%. This makes the fund more volatile than its peers over the past half-decade. Risk Factors Investors should note that the fund has a 5-year beta of 0.62, so it is likely going to be less volatile than the market at large. Because alpha represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well. The fund has produced a negative alpha over the past 5 years of -3.2, which shows that managers in this portfolio find it difficult to pick securities that generate better-than-benchmark returns. Expenses Costs are increasingly important for mutual fund investing, and particularly as competition heats up in this market. And all things being equal, a lower cost product will outperform its otherwise identical counterpart, so taking a closer look at these metrics is key for investors. In terms of fees, GABUX is a no load fund. It has an expense ratio of 1.32% compared to the category average of 0.95%. GABUX is actually more expensive than its peers when you consider factors like cost. This fund requires a minimum initial investment of $1,000, while there is no minimum for each subsequent investment. Fees charged by investment advisors have not been taken into consideration. Returns would be less if those were included. Bottom Line Overall, Gabelli Utilities AAA ( GABUX ) has a low Zacks Mutual Fund rank, and in conjunction with its comparatively weak performance, average downside risk, and higher fees, Gabelli Utilities AAA ( GABUX ) looks like a somewhat weak choice for investors right now. For additional information on this product, or to compare it to other mutual funds in the Sector - Utilities, make sure to go to for additional information. For analysis of the rest of your portfolio, make sure to visit for our full suite of tools which will help you investigate all of your stocks and funds in one place. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (GABUX): Fund Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
4 days ago
- Business
- Globe and Mail
U.S. Transformer Market Revenue to Reach USD 24.85 Billion Surge Amid AI, EV, and Clean Energy Demands
"U.S. Transformer Market Research Report Arizton" Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030. According to Arizton's latest research report, the U.S. transformer market is growing at a CAGR of 7.06%during 2021-2030, driven by a decisive shift toward grid modernization, the EV boom, and industrial electrification. With aging infrastructure nearing end-of-life, utilities and industries are investing heavily to keep America powered and resilient. Looking for More Information? Click: Report Scope: Market Size: Revenue (2030): USD 24.85 Billion Market Size: Revenue (2024): USD 16.50 Billion CAGR: Revenue (2024-2030): 7.06% Market Size- Distribution Transformers Installed Capacity (2030): 65.54 Million Units Market Size-Smart Transformers (2030): USD 1.49 Billion Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Insulation Type, Liquid Immersed, Distribution Transformer Voltage Type, Power Transformer Voltage Type, Distribution Transformer by Phase Type, Single-Phase Mount Type, Three-Phase Mount Type, Application (Up To 69kv or 10 MVA), End User, And Geography Largest Region (2024): West Geographic Analysis: The U.S. (West, South, Northeast, And Midwest) Industrial Expansion & Digitalization Accelerate US Transformer Market Growth The US transformer market is experiencing strong momentum as industrial expansion, digital transformation, and grid modernization converge. Surging electricity demand driven by growing industrial output, rapid EV adoption, and the rise of energy-intensive AI data centers is putting fresh pressure on the nation's aging grid infrastructure. To keep pace, utilities are stepping up investments in new transformers while replacing older units that have operated beyond their intended life span. Modern transformers play a vital role across generation, transmission, and distribution networks, ensuring stable, efficient power delivery for industries and communities alike. Nationwide, large-scale transmission upgrades and renewable energy projects are reinforcing this growth trend, as utilities focus on strengthening grid capacity, integrating clean energy, and supporting new energy applications. As a result, the US transformer market remains a critical pillar in the country's energy transition and industrial progress. Transformers at the Core of America's EV Charging Revolution The rapid rise in electric vehicle adoption is transforming the US grid, creating strong demand for advanced transformers to power a nationwide charging network. As millions of new chargers, from residential units to high-capacity fast chargers come online, transformers play a vital role in delivering stable, reliable power to meet diverse regional needs. By the end of 2023, America's rapid EV rollout is reshaping the grid. With 150,000+ public charging outlets and counting, utilities are scaling up modern transformers to deliver stable power to everything from home chargers to ultra-fast stations. California, New York, and Texas are leading the charge, driving transformer demand for a new era of mobility. With utilities and states ramping up installations to match growing EV adoption, demand for efficient, higher-capacity transformers is set to remain strong, powering both the next generation of transport and the transformation of the US grid. Major Investments Reinforce U.S. Transformer Production Capacity Leading transformer manufacturers are making significant investments to strengthen domestic supply and address rising demand across data centers, renewables, and industrial infrastructure. Prolec GE a joint venture between Xignux and GE Vernova is investing USD 140 million to expand operations in North Carolina with a new 144,000-square-foot facility that will double its medium power transformer capacity and create over 330 jobs. In Texas, VanTran and MGM Transformers have opened a 430,000-square-foot plant in Waco with a USD 1 billion investment to support growing demand from data centers, clean energy projects, and domestic manufacturing. Eaton is establishing a third U.S. plant for three-phase transformers in Jonesville, South Carolina, with production slated for 2027 to help ease shortages. Meanwhile, Pennsylvania Transformer Technology is expanding in North Carolina with a USD 102.5 million investment, adding 217 jobs to boost capacity and ensure grid readiness. Geographical Focus: Western US Drives Strong Growth in Transformer Market The Western US, led by California, Washington, Oregon, and Nevada, remains at the forefront of America's distribution transformer market, driven by fast urban growth, ambitious clean energy targets, and grid modernization programs. California's leadership in EV adoption and major solar and wind investments is accelerating demand for advanced transformers that stabilize power flows and strengthen grid reliability. Projects like the Vaca-Dixon Substation Upgrade, Washington's Clean Energy Fund, Oregon's Grid Modernization Program, and Nevada's Copper Mountain Solar Expansion demonstrate the region's proactive investments. With strict state policies, growing renewable capacity, and robust support for smart grids and EV infrastructure, the West's distribution transformer market is projected to grow at a healthy CAGR of 8.50% through 2030, reinforcing its position as a national leader in grid innovation Key Company Profiles General Electric Vernova Siemens Energy HD Hyundai Electric Co. Ltd. Eaton Corporation Schneider Electric Quanta Services Inc. ABB Inc. Hitachi Energy Emerson Electric Co. Mitsubishi Electric Corporation Toshiba Energy Systems & Solutions Corp. Niagara Power Transformer Triad Magnetics Prolec Energy Endicott Coil Company Other Prominent Company Profiles Pico Electronics Inc. Fuji Electric Co. Ltd. Nissin Electric Co. Ltd. Hyosung Heavy Industries Co. Ltd. CORE Industrial Partners Elsco Transformers Kirloskar Electric Company Ltd. Rockwell Automation Inc. Hammond Power Solutions Micron Industries Corp. Hubbell Incorporated Atlas Transformer Meta Power Solutions Dongan Electric Manufacturing Co., Inc. Renco Electronics Virginia Transformer Corporation SPX Transformer Solutions JST Power Equipment Maddox Industrial Transformer, LLC Electric Power Inc UTB TRANSFORMERS KONCAR D.D. Market Segmentation & Forecast Insulation Type Liquid Immersed Dry-Type Others Liquid Immersed Distribution Transformer Power Transformer Others Distribution Transformer Voltage Type Up To 34.5 KV Up To 69 KV AND APPROX. 10 MVA Power Transformer Voltage Type Medium Power (10-100 MVA) Large Power (>100 MVA) Distribution Transformer by Phase Type Three-phase Single-phase Single-phase Mount Type Single-phase pole Single-phase pad Three-Phase Mount Type Three-phase pole Three-phase pad Others Application (up to 69KV or 10 MVA) Substation Solar Wind Datacenter BESS Others End User Industrial Residential Commercial Others Geography The U.S. West South Northeast Midwest Other Related Reports that Might be of Your Business Requirement Transformer Market - Global Outlook & Forecast 2024-2029 U.S. Portable Power Station Market Research Report 2025-2030 What Key Findings Will Our Research Analysis Reveal? How big is the U.S. transformer market? What is the growth rate of the U.S. transformer market? Who are the key players in the U.S. transformer market? Which region dominates the U.S. transformer market share? What are the significant trends in the U.S. transformer market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Yahoo
4 days ago
- Business
- Yahoo
What to Expect From PPL Corporation's Next Quarterly Earnings Report
PPL Corporation (PPL), headquartered in Allentown, Pennsylvania, provides electricity and natural gas to approximately 3.6 million customers. Valued at $26.6 billion by market cap, the company generates electricity from power plants, as well as markets wholesale and retail energy and natural gas. It also delivers natural gas to customers in Kentucky and Rhode Island and generates electricity from power plants in Kentucky. The leading utility company is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Thursday, Jul. 31. Ahead of the event, analysts expect PPL to report a profit of $0.38 per share on a diluted basis, unchanged from the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. More News from Barchart Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For the full year, analysts expect PPL to report EPS of $1.82, up 7.7% from $1.69 in fiscal 2024. Its EPS is expected to rise 8.2% year-over-year to $1.97 in fiscal 2026. PPL stock has outperformed the S&P 500 Index's ($SPX) 13.6% gains over the past 52 weeks, with shares up 25.3% during this period. Similarly, it outperformed the Utilities Select Sector SPDR Fund's (XLU) 19.6% gains over the same time frame. PPL has formed a joint venture with Blackstone Inc. (BX) Infrastructure to build gas-fired generation stations for data centers under long-term energy services agreements. This move aligns with U.S. policies that promote domestic manufacturing and the reshoring of tech infrastructure. The JV targets high data center interest areas and anticipates significant demand growth. PPL is investing in grid modernization and transmission infrastructure to meet this demand and strengthen reliability. These investments are expected to drive earnings growth and improve customer service. The company's focus on reliability has led to fewer power outages. Overall, PPL's strategic investments position it well for future growth in the data center market. On Apr. 30, PPL shares closed up marginally after reporting its Q1 results. Its adjusted EPS of $0.60 surpassed Wall Street expectations of $0.53. The company's revenue was $2.5 billion, beating Wall Street forecasts of $2.4 billion. PPL expects full-year adjusted EPS in the range of $1.75 to $1.87. Analysts' consensus opinion on PPL stock is reasonably bullish, with an overall 'Moderate Buy' rating. Out of 15 analysts covering the stock, 10 advise a 'Strong Buy' rating, one suggests a 'Moderate Buy,' and four give a 'Hold.' PPL's average analyst price target is $38.20, indicating a potential upside of 6.2% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
5 days ago
- General
- Yahoo
Council bids to upgrade Gypsy and Traveller site
Facilities at a Gypsy and Traveller site could be improved after a council cabinet approved a bid to be submitted to the government. Great Yarmouth Borough Council in Norfolk heard water pipes at the 18-pitch Gapton Hall site often froze in winter because they were not buried at a sufficient depth. The electricity supply was also deemed to be underrated and the suitability of toilets and shower facilities on the site was also questioned. One resident, Kerry, 42, said: "It is very hard in the winter with the pipe works and water freezing which means you can't do your washing, you can't shower, you can't boil the kettle. It is very, very difficult here." Kerry, an English Romany, has two children, one at nursery age and the other attending school, has lived on the site for eight years. She said the utilities were not fit for purpose. "Cooking-wise, it's not too bad, but with the electrics, you can either have the microwave or the oven on," she said. "You can't do your washing at the same time; you can't boil the kettle at the same time the oven is on or it will trip out. It has to be one or the other." She said she kept a water butt and used it to flush the toilet if the pipes were frozen. The authority, which has used Homes England grants to improve council housing stock, said it hoped to access a ring-fenced pot of money specifically aimed at provision and improvement of traveller sites, which councils are legally required to provide. Melanie Holland, the authority's head of strategic housing, said: "It's really important; we've got families on that site and it's important we meet modern standards, but utilise government funding to pay for this. "Its all about meeting need, and being able to prove a viable bid to improve the circumstances of people living on that site. "It doesn't currently meet modern standards; the families don't currently have their own utility blocks and there's issues with the utilities." Emma Flaxman-Taylor, Conservative cabinet member for housing, said as well as the pipes issue, the whole site needed a "complete look-over and regeneration". "Most of the tenants have been there for a very long time and they're happy with the area, so we need to improve it so they can continue to do so," she said. Follow Norfolk news on BBC Sounds, Facebook, Instagram and X. Related internet links Views sought over Gypsy and traveller site plans 'Prejudice against travellers is still shocking' Related internet links Great Yarmouth Borough Council
Yahoo
7 days ago
- Business
- Yahoo
NRG Energy (NRG) Increases Despite Market Slip: Here's What You Need to Know
NRG Energy (NRG) closed the most recent trading day at $151.75, moving +2.97% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.01%. Meanwhile, the Dow lost 0.32%, and the Nasdaq, a tech-heavy index, added 0.05%. Prior to today's trading, shares of the power company had lost 3.45% lagged the Utilities sector's gain of 0.15% and the S&P 500's gain of 5.37%. The investment community will be closely monitoring the performance of NRG Energy in its forthcoming earnings report. The company is expected to report EPS of $1.07, down 27.7% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $6.31 billion, down 5.26% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $7.77 per share and revenue of $28.87 billion, indicating changes of +17.02% and +2.64%, respectively, compared to the previous year. Investors should also take note of any recent adjustments to analyst estimates for NRG Energy. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 6.61% higher. As of now, NRG Energy holds a Zacks Rank of #4 (Sell). In the context of valuation, NRG Energy is at present trading with a Forward P/E ratio of 18.98. This denotes a premium relative to the industry average Forward P/E of 18.08. We can additionally observe that NRG currently boasts a PEG ratio of 1.17. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Utility - Electric Power industry currently had an average PEG ratio of 2.62 as of yesterday's close. The Utility - Electric Power industry is part of the Utilities sector. This industry currently has a Zacks Industry Rank of 92, which puts it in the top 38% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NRG Energy, Inc. (NRG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
