National Pension Service Has $54.85 Million Stock Position in ResMed Inc. $RMD

The National Pension Service increased its stake in ResMed Inc. by 15.5% in Q2, bringing its total holding to 281,465 shares valued at $54.85 million. ResMed reported strong quarterly earnings, beating expectations with $2.95 EPS and $1.46 billion in revenue, and subsequently raised its quarterly dividend to $0.66 per share. Despite significant insider selling totaling $5.26 million, analysts maintain a consensus "Hold" rating with an average price target of $240.31.