IITSF News and Press, Intesa Sanpaolo S.P.A. From 02/03/23

The following slide deck was published by Intesa Sanpaolo S.p.A. in conjunction with their 2022 Q4 earnings call. For further details see: Intesa Sanpaolo S.p.A. 2022 Q4 - Results - Earnings Call Presentation

Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The International Growth EAFE Strategy takes a dive...

Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We are value investors. The Oakmark International Fund returned 23.0% for the quarter ended December 31. The biggest contributors to our performance during the quarter w...

Summary Harris Associates’ 13F portfolio value decreased from $62.85B to $59.68B this quarter. They added Warner Bros. Discovery and increased Salesforce, KKR, and Oracle while decreasing Keurig Dr Pepper and Humana. The top three positions are Alphabet, Fiserv, and Amazon.co...

Summary Fisher’s 13F portfolio value decreased from ~$141B to ~$133B in Q3 2022. They added Charles Schwab and increased Nvidia, Morgan Stanley, and Goldman Sachs while decreasing Salesforce, Visa, Alibaba Group Holdings, Novartis, Verizon, and Tencent Holdings. The top...

Summary ISP reached €4.4 billion profits in the first nine months. A dividend payment of €0.0738 per share is expected for November end. Exposure to Russia reduced by an additional 65%. We confirm our €2.4 target price supported by accrued dividend (&#...

Intesa Sanpaolo S.p.A. (ISNPY) Q3 2022 Earnings Conference Call November 04, 2022 10:00 AM ET Company Participants Carlo Messina - Managing Director and Chief Executive Officer Stefano Del Punta - Chief Financial Officer Conference Call Participants Chris...

Summary Global growth stocks held up better than value, snapping a two-quarter losing streak, as global recession fears weighed more heavily on companies tied to the broader economy. The Strategy outperformed for the second quarter in a row, thanks in large part to positioning adj...

Summary We are confident that Intesa Sanpaolo will achieve a non-adj. clean net profit of €3 billion in the first nine months, in line with the management guidance. Here at the lab, we expect earnings down 20% on a yearly basis (versus Wall Street's estimate of a -25%). Thi...

Summary Harris Associates’ 13F portfolio value decreased from $75.90B to $62.85B this quarter. They increased Amazon.com, Meta Platforms, and Salesforce while reducing Keurig Dr. Pepper, Humana, Regeneron Pharma, CVS Health, Constellation Brands, and General Dynamics. T...