The Bottom Line:
- Insiders have been heavily buying dividend stocks over the last few weeks.
- We select undervalued stocks for detailed analysis.
- Parameters include minimum 100 shares, at least a 20 billion market cap, and insider spending of half a million dollars.
- Run stocks through valuation model to determine intrinsic value and acceptable buy price.
- Review Wall Street’s forecast and release free weekly articles for investors.
Insiders’ Heavy Buy Signal in Dividend Stocks
Stock Analysis: L3 Harris Technologies (Ticker Symbol: LHX)
Insiders have purchased over half a million dollars’ worth of L3 Harris Technologies stocks. The company has shown an 11% increase over the last 12 months, with a dividend yield of 2.18% and a forward P/E ratio of just under 17. L3 Harris has a market cap of 40.5 billion and a strong track record of dividend growth, although recent growth has been lower than preferred.
Stock Analysis: JB Hunt Transport Services
Insiders have made significant purchases of shares in JB Hunt Transport Services. The stock has seen a 16% rise in the last year, trading at the mid to upper end of the 52-week range, with a dividend yield of 0.86% and a forward P/E below 26. JB Hunt has displayed consistent dividend increases over the years, aiming to become a Dividend Aristocrat in the future.
Selecting Undervalued Stocks for Analysis
L3 Harris Technologies Analysis
We are analyzing L3 Harris Technologies, where insiders have bought over half a million worth of company stocks. The stock has shown an 11% increase over the last year and is trading at the upper end of the 52-week range. With a dividend yield of 2.18% and a forward P/E ratio just under 17, L3 Harris has a market cap of 40.5 billion.
JB Hunt Transport Services Evaluation
Insiders have purchased a significant amount of shares in JB Hunt Transport Services. The stock has seen a 16% rise in the last year and is trading near the upper end of the 52-week range. With a dividend yield of 0.86% and a forward P/E below 26, JB Hunt has demonstrated consistent dividend increases over the years, aiming to achieve Dividend Aristocrat status.
Key Parameters for Stock Selection
Minimum 100 shares, at least a 20 billion market cap, with insiders having spent at least half a million dollars over the last few weeks. Each of these undervalued dividend stocks will undergo a valuation model to determine intrinsic value and acceptable buy price. We will also look at Wall Street’s forecast over the next 12 months.
The first stock under consideration is L3 Harris Technologies (Ticker Symbol: LHX). It has shown an 11% increase over the last 12 months, trading near the upper end of its 52-week range, with a yield of 2.18% and a forward P/E just under 17. With a market cap of 40.5 billion, L3 Harris Technologies has demonstrated consistent dividend growth over the years.
The second undervalued stock where insiders have made significant purchases is JB Hunt Transport Services. With a 16% rise in the last year, trading in the mid to upper end of the 52-week range, a yield of 0.86%, and a forward P/E below 26, JB Hunt Transport Services has been consistently increasing dividends, aiming to achieve Dividend Aristocrat status in the future.
Valuation Model Analysis for Intrinsic Value
Valuation Model Assessment for Intrinsic Value
We will now thoroughly examine each of these undervalued dividend stocks using a valuation model to determine their intrinsic value and acceptable buy price. This analysis involves considering our investor margin of safety, as well as Wall Street’s projections for the next 12 months.
Starting with L3 Harris Technologies (Ticker Symbol: LHX), insiders have collectively invested over half a million dollars in this company. The stock has exhibited an 11% increase in value over the past year and is currently trading towards the higher end of its 52-week range. With a dividend yield of 2.18% and a forward P/E ratio just below 17, L3 Harris Technologies boasts a substantial market capitalization of 40.5 billion.
Following L3 Harris, the next stock under scrutiny is JB Hunt Transport Services, which has witnessed a 16% growth in value over the last year. Positioned within the mid to upper range of its 52-week trading parameters, this stock offers a dividend yield of 0.86% and a forward P/E ratio slightly under 26. JB Hunt Transport Services has a market cap close to 21 billion and has demonstrated a history of consistent dividend increments, aiming to achieve the esteemed status of being a Dividend Aristocrat in the future.
Wall Street’s Forecast and Weekly Articles
Stock Analysis: L3 Harris Technologies (Ticker Symbol: LHX)
We are analyzing L3 Harris Technologies, where insiders have bought over half a million worth of company stocks. The stock has shown an 11% increase over the last year and is trading at the upper end of the 52-week range. With a dividend yield of 2.18% and a forward P/E ratio just under 17, L3 Harris has a market cap of 40.5 billion.
JB Hunt Transport Services Evaluation
Insiders have purchased a significant amount of shares in JB Hunt Transport Services. The stock has seen a 16% rise in the last year and is trading near the upper end of the 52-week range. With a dividend yield of 0.86% and a forward P/E below 26, JB Hunt has demonstrated consistent dividend increases over the years, aiming to achieve Dividend Aristocrat status.
Key Parameters for Stock Selection
Minimum 100 shares, at least a 20 billion market cap, with insiders having spent at least half a million dollars over the last few weeks. Each of these undervalued dividend stocks will undergo a valuation model to determine intrinsic value and acceptable buy price. We will also look at Wall Street’s forecast over the next 12 months.
