Geode Capital boosts Waters Co. stake, firm reports strong Q3 with EPS beating estimates.

Geode Capital increased its stake in Waters Co. by 16,703 shares, totaling 1,416,683 shares worth about $508 million. Waters reported a strong third quarter with $2.93 EPS, surpassing estimates by $0.25, and a 4% revenue increase. Institutional investors own 94.01% of Waters' stock, and analysts predict a "Hold" rating with a $371.33 average price target. Waters provides analytical solutions in chromatography and mass spectrometry.

3 months ago
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