Tidal Investments LLC Increases Stake in ResMed Inc. $RMD
MarketBeat
Tidal Investments LLC has increased its stake in ResMed Inc. (NYSE:RMD) by 21.1% in the second quarter, bringing its total holdings to 32,332 shares valued at approximately $6.3 million. The company reported strong quarterly earnings, beating analyst expectations with an EPS of $2.95 and revenue of $1.46 billion, an 8.6% increase year-over-year. Despite a consensus "Hold" rating from analysts and recent target price reductions, ResMed also raised its quarterly dividend from $0.60 to $0.66 per sh
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