5 Companies Reach 52-Week Highs

Aetna, Chevron among those achieving landmarks

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Nov 29, 2016
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According to GuruFocus' list, these stocks have reached their 52-week highs.

Aetna reached the 52-week high of $129.57

Aetna Inc. (AET, Financial) offers traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities and more. The company also offers Medicare and Medicaid products and services and other medical products, such as medical management and data analytics services, medical stop loss insurance and more.

The price of Aetna shares has reached $129.57, which is 1.2% off the 52-week high of $131.08. Aetna has a market cap of $45.47 billion; its shares were traded around $129.57 with a price-earnings (P/E) ratio of 18.78 and price-sales (P/S) ratio of 0.73. Aetna's trailing 12-month dividend yield is 0.77%. The forward dividend yield is 0.77%. Aetna had an annual average earnings growth of 12% over the past 10 years. GuruFocus rated Aetna the business predictability rank of 5-star.

The company announced third-quarter net income of $603.9 million, or $1.70 per share. Operating earnings for the third quarter were $ 734.3 million, or $2.07 per share. Total revenue was $15.8 billion for the third quarter.

President Karen S. Lynch sold 45,000 shares of Aetna for $119.55 per share on Nov. 11. The stock price has increased by 8.38% since.

Rockwell Automation reached the 52-week high of $132.92

Rockwell Automation Inc. (ROK, Financial) is a provider of industrial automation power, control and information solutions. It operates in two segments: Architecture & Software and Control Products & Solutions. Both operating segments conduct business in North America, Europe, Middle East and Africa, Asia Pacific and Latin America. The Architecture & Software segment contains all of the elements of its integrated control and information architecture capable of controlling the customer's plant floor and connecting with its manufacturing enterprise. The Control Products & Solutions segment combines a portfolio of intelligent motor control and industrial control products with the customer support and application knowledge necessary to implement an automation or information solution on the plant floor.

The price of Rockwell Automation shares has reached $132.92, which is 0.6% off the 52-week high of $133.68. Rockwell Automation has a market cap of $17.04 billion; its shares were traded around $132.92 with a P/E ratio of 23.86 and P/S ratio of 2.97. Rockwell Automation's trailing 12-month dividend yield is 2.21%. The forward dividend yield is 2.29%. Rockwell Automation had an annual average earnings growth of 7.90% over the past 10 years. GuruFocus rated Rockwell Automation the business predictability rank of 2.5-star.

The company reported fiscal 2016 fourth-quarter sales of $1.538 billion, down 4.3% from $1.607 billion in the fourth quarter of fiscal 2015. Organic sales decreased 4.0%, acquisitions contributed 0.4%, and currency translation reduced sales by 0.7%. On a GAAP basis, fiscal 2016 fourth-quarter net income was $185.2 million, or $1.43 per share, compared to $201.3 million, or $1.50 per share, in the fourth quarter of fiscal 2015. Pretax margin decreased to 15.4% from 17.3% in the same period last year.

Senior Vice President and Chief Financial Officer Theodore D. Crandall sold 11,300 shares of Rockwell Automation for $131.73 per share on Nov. 22. The stock price has increased by 0.9% since.

CSX reached the 52-week high of $35.19

CSX Corp. (CSX, Financial) is a freight rail transportation company providing rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers. The company operates three lines of business: merchandise, coal and intermodal. The company's merchandise business is comprised of shipments in many diverse markets. Under the coal business, the company transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants as well as exports coal to deep-water port facilities. The intermodal business combines the superior economics of rail transportation with the short-haul flexibility of trucks and offers a cost advantage over long-haul trucking.

The price of CSX shares has reached $35.19, which is 0.1% off the 52-week high of $35.23. CSX has a market cap of $32.96 billion; its shares were traded around $35.19 with a P/E ratio of 19.55 and P/S ratio of 3.13. CSX's trailing 12-month dividend yield is 2.05%. The forward dividend yield is 2.05%. CSX had an annual average earnings growth of 11.00% over the past 10 years. GuruFocus rated CSXÂ the business predictability rank of 4-star.

The company announced third-quarter net earnings of $455 million, or 48 cents per share, down from $507 million, or 52 cents per share, in the same period of last year. Revenue for the quarter declined 8%, consistent with volume declines of 8% overall, including coal volume declines of 21%. At the same time, expenses improved 7% in the quarter, primarily driven by $112 million of efficiency gains and $53 million of volume-related cost reductions.

President Clarence W. Gooden sold 15,625 shares of CSX for $32 per share on Nov. 7. The stock price has increased by 9.97% since.

Chevron reached the 52-week high of $111.00

Chevron Corp. (CVX, Financial) manages its investments in subsidiaries and affiliates and provides administrative, financial, management and technology support to U.S. and international subsidiaries that engage in integrated energy and chemicals operations. The company operates in two business segments; Upstream and Downstream. Upstream operations consist of exploring for, developing and producing crude oil and natural gas; processing, liquefaction and more. Downstream operations consist of refining crude oil into petroleum products; marketing of crude oil and refined products; transporting crude oil and refined products by pipeline, marine vessel and more.

The price of Chevron shares has reached $111, which is 0.4% off the 52-week high of $111.47. Chevron has a market cap of $209.54 billion; its shares were traded around $111 with a P/S ratio of 1.85. Chevron's trailing 12-month dividend yield is 3.86%. The forward dividend yield is 3.89%. Chevron had an annual average earnings growth of 2.70% over the past 10 years.

The company  reported earnings of $1.3 billion (68 cents per share – diluted) for the third quarter compared with earnings of $2.0 billion ($1.09 per share – diluted) in the third quarter of 2015. Foreign currency effects increased earnings in the third quarter by $72 million, compared with an increase of $394 million per year earlier. Sales and other operating revenues in the third quarter were $29 billion compared to $33 billion in the year-ago period.

Executive Vice President Pierre R. Breber sold 10,000 shares of Chevron for $110 per share on Nov. 17. The stock price has increased by 0.91% since.

Regions Financial reached the 52-week high of $13.36

Regions Financial Corp. (RF, Financial) provides traditional commercial, retail and mortgage banking services as well as other financial services in the fields of asset management, wealth management, securities brokerage, insurance, trust services and other specialty financing. It operates in the South, Midwest and Texas. It conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank that is a member of the Federal Reserve System. The company operates approximately 1,962 ATMs and 1,627 banking offices in Alabama, Arkansas, Florida, Georgia, Illinois and multiple other states. The company operates from three reportable segments: Corporate Bank, Consumer Bank and Wealth Management.

The price of Regions Financial shares has reached $13.36, which is 1.3% off the 52-week high of $13.54. Regions Financial has a market cap of $16.45 billion; its shares were traded around $13.36 with a P/E ratio of 15.90 and P/S ratio of 3.11. Regions Financial's trailing 12-month dividend yield is 1.87%. The forward dividend yield is 1.95%.

The company has reported a net income available to common shareholders of $304 million for the third quarter, an increase of 26% over the prior year and earnings per diluted share of 24 cents, an increase of 33%.

Senior Executive Vice President William E. Horton sold 12,000 shares of Regions Financial for $13.17 per share on Nov. 21. The stock price has increased by 1.44% since.

Disclosure: I do not own any of the stocks mentioned above.

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