- Alico, Inc. Announces Financial Results for the Second Quarter Ended March 31, 2026
May 11, 2026 · globenewswire.com
Company Closed $26.9 million Land Sale in Second Quarter; Total Land Sales Reach $34.6 million Year-to-Date Company Repurchased 245,399 Shares for $10.0 million , Through April 2026 Cash and Cash Equivalents of $52.9 million at March 31, 2026 , Extending Cash Runway Another Year Through Fiscal Year 2028 Collier County Local Entitlement Approvals Secured in April 2026; Federal and State Entitlements Progressing as Expected for Corkscrew Grove Villages FORT MYERS, Fla., May 11, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the second quarter ended March 31, 2026.
- ALICO, INC. ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED MARCH 31, 2026
May 11, 2026
COMPANY CLOSED $26.9 MILLION LAND SALE IN SECOND QUARTER; TOTAL LAND SALES REACH $34.6 MILLION YEAR-TO-DATE COMPANY REPURCHASED 245,399 SHARES FOR $10.0 MILLION , THROUGH APRIL 2026 CASH AND CASH EQUIVALENTS OF $52.9 MILLION AT MARCH 31, 2026 , EXTENDING CASH RUNWAY ANOTHER YEAR THROUGH FISCAL YEAR 2028 COLLIER COUNTY LOCAL ENTITLEMENT APPROVALS SECURED IN APRIL 2026; FEDERAL AND STATE ENTITLEMENTS PROGRESSING AS EXPECTED FOR CORKSCREW GROVE VILLAGES FORT MYERS, FLA., MAY 11, 2026 (GLOBE NEWSWIRE) -- ALICO, INC. (“ALICO”, THE “COMPANY”, “WE”, “US” OR “OUR”) (NASDAQ: ALCO) TODAY ANNOUNCED FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED MARCH 31, 2026.
- Why One Fund’s $4 Million Centerra Gold Exit Looks Like Profit-Taking Amid a 150% Rally
May 10, 2026
On May 8, 2026, CM Management reported selling its entire 200,000-share stake in Centerra Gold(NYSE:CGAU), an estimated $3.56 million trade based on quarterly average pricing.
What happened
According to a Securities and Exchange Commission (SEC) filing dated May 8, 2026, CM Management, LLC fully exited its position in Centerra Gold by selling 200,000 shares. The estimated transaction value was $3.56 million, calculated using the mean unadjusted close within the first quarter. The quarter-end value of the position declined by $2.87 million, reflecting both the trade and price movements during the period.
What else to know
Top holdings after the filing include:
NASDAQ: ALCO: $8.25 million (6.9% of AUM) NASDAQ: RIGL: $6.35 million (5.3% of AUM) NASDAQ: RPRX: $6.00 million (5.0% of AUM) NYSEMKT: RLGT: $4.58 million (3.8% of AUM) NYSEMKT: INTT: $4.50 million (3.8% of AUM) As of May 7, 2026, Centerra Gold shares were priced at $17.79, up about 150% over the past year and well outperforming the S&P 500 by roughly 120 percentage points.
Company overview
Metric Value Revenue (TTM) $1.57 billion Net income (TTM) $635.97 million Dividend yield 1.12% Price (as of market close May 7, 2026) $17.79
Company snapshot
Centerra Gold produces gold, copper, and molybdenum, with principal revenue from the Mount Milligan mine in Canada and the Öksüt Gold Mine in Turkey. The firm operates an integrated mining model, generating revenue through the exploration, extraction, and sale of precious and base metals. It serves global metals markets, supplying gold and copper to commodity buyers, refiners, and industrial customers.
Centerra Gold is a mid-sized mining company with a diversified portfolio of producing assets in North America and Turkey. Its competitive edge lies in its wholly owned mining projects, such as the Mount Milligan and Öksüt mines.
What this transaction means for investors
Centerra Gold shares have surged roughly 150% over the past year as gold prices exploded higher and the company’s mines delivered stronger cash generation. First-quarter revenue for the firm climbed 62% year over year to $484.7 million, while net earnings jumped 160% to $79.4 million. Free cash flow, meanwhile, also surged to $49 million from just $10 million a year earlier, helping push Centerra’s cash balance to $543.5 million.
Production also stayed on track, with the company producing 68,001 ounces of gold and 14.2 million pounds of copper during the quarter, while management highlighted strong performance at both the Mount Milligan and Öksüt mines.
With the solid performance in mind (and of course, the staggering stock surge), CM’s sale ultimately looks less like a loss of confidence and more like a manager deciding to reallocate funds to investments that might face less immediate valuation risk.
But more importantly for long-term investors, Centerra is advancing multiple growth projects, including Kemess, Goldfield, and the Thompson Creek restart, while extending Mount Milligan’s mine life to 2045. That pipeline will certainly be an important focus going forward.
Story Continues
Should you buy stock in Centerra Gold right now?
Before you buy stock in Centerra Gold, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Centerra Gold wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $471,827!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,319,291!*
Now, it’s worth noting Stock Advisor’s total average return is 986% — a market-crushing outperformance compared to 207% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of May 10, 2026.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Centerra Gold. The Motley Fool has a disclosure policy.
Why One Fund's $4 Million Centerra Gold Exit Looks Like Profit-Taking Amid a 150% Rally was originally published by The Motley Fool
View Comments
- This Fund Cashed Out of Preformed Line Products Amid a 150% Stock Surge
May 8, 2026
On May 8, 2026, CM Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold its entire stake in Preformed Line Products(NASDAQ:PLPC), an estimated $6.39 million trade based on quarterly average pricing.
What happened
CM Management reported in a SEC filing dated May 8, 2026, that it sold all 25,000 shares of Preformed Line Products during the first quarter. The estimated transaction value, based on the average closing price for the quarter, was approximately $6.39 million. The quarter-end valuation for the position declined by $5.17 million, reflecting both the sale and market price changes.
What else to know
Top holdings after the filing:
NASDAQ:ALCO: $8.25 million (6.9% of AUM) NASDAQ:RIGL: $6.35 million (5.3% of AUM) NASDAQ:RPRX: $6.00 million (5.0% of AUM) NYSEMKT:RLGT: $4.58 million (3.8% of AUM) NYSEMKT:INTT: $4.50 million (3.8% of AUM) As of May 7, 2026, PLPC shares were priced at $345.28, up a staggering 150% over one year and well outperforming the S&P 500 by 129.02 percentage points.
Company overview
Metric Value Revenue (TTM) $697.08 million Net income (TTM) $34.29 million Dividend yield 0.24% Price (as of market close May 7, 2026) $345.28
Company snapshot
Preformed Line Products designs and manufactures formed wire products, hardware, and protective closures for energy, telecommunications, and cable industries; key offerings include conductor supports, cable protection systems, and network hardware. The firm operates a manufacturing-driven business model, generating revenue from direct product sales and value-added solutions for network construction and maintenance. It serves public and private utilities, communication companies, cable operators, contractors, and distributors across the Americas, EMEA, and Asia-Pacific regions.
Preformed Line Products is a global manufacturer specializing in products essential for the construction and maintenance of overhead and underground networks in the energy and communications sectors. The company leverages decades of engineering expertise and a broad product portfolio to address the evolving needs of utilities and network operators. Its international presence and focus on reliability position it as a trusted supplier in mission-critical infrastructure markets.
What this transaction means for investors
Preformed Line Products shares have more than doubled over the past year, and when a relatively small industrial name climbs 150% and massively outperforms the broader market, some portfolio managers are naturally going to lock in gains.
What makes the timing interesting is that the company’s underlying business still appears pretty healthy. First-quarter revenue, which was reported late last month, climbed 19% year over year to $176.3 million, helped by especially strong demand in U.S. energy and communications markets, where sales jumped 26%. Gross margin improved to 31.3%, up 150 basis points sequentially, while diluted EPS rose 24% from the prior quarter to $2.14.
However, management did acknowledge ongoing tariff costs, commodity volatility, and higher personnel expenses tied to expansion efforts, which weighed on profits despite strong top-line growth. Net income slipped to $10.5 million from $11.5 million a year earlier.
Long-term investors will want to watch that dynamic and whether demand keeps fueling growth.
Story Continues
Should you buy stock in Preformed Line Products right now?
Before you buy stock in Preformed Line Products, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Preformed Line Products wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $475,926!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,296,608!*
Now, it’s worth noting Stock Advisor’s total average return is 981% — a market-crushing outperformance compared to 205% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of May 8, 2026.
Jonathan Ponciano has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
This Fund Cashed Out of Preformed Line Products Amid a 150% Stock Surge was originally published by The Motley Fool
View Comments
- Alico to Present at the LD Micro Invitational XVI
May 4, 2026 · globenewswire.com
FORT MYERS, Fla., May 04, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company's President and Chief Executive Officer, will present and host one-on-one meetings with investors at the LD Micro Invitational XVI Conference, taking place on May 17-19, 2026 in Los Angeles, CA.
- ALICO TO PRESENT AT THE LD MICRO INVITATIONAL XVI
May 4, 2026
FORT MYERS, FLA., MAY 04, 2026 (GLOBE NEWSWIRE) -- ALICO, INC. (“ALICO” OR THE “COMPANY”) (NASDAQ: ALCO) TODAY ANNOUNCED THAT JOHN KIERNAN, THE COMPANY'S PRESIDENT AND CHIEF EXECUTIVE OFFICER, WILL PRESENT AND HOST ONE-ON-ONE MEETINGS WITH INVESTORS AT THE LD MICRO INVITATIONAL XVI CONFERENCE, TAKING PLACE ON MAY 17-19, 2026 IN LOS ANGELES, CA.
- Alico, Inc. Receives Unanimous Approval from Collier County for Corkscrew Grove East Village
Apr 30, 2026 · globenewswire.com
FORT MYERS, Fla., April 30, 2026 (GLOBE NEWSWIRE) -- Alico, Inc., (“Alico” or the “Company”) (Nasdaq: ALCO) today announced it has received unanimous approval from the Collier County Board of County Commissioners for the Stewardship Receiving Area (SRA) and companion Stewardship Sending Area (SSA) 22 for Corkscrew Grove East Village.
- ALICO, INC. RECEIVES UNANIMOUS APPROVAL FROM COLLIER COUNTY FOR CORKSCREW GROVE EAST VILLAGE
Apr 30, 2026
FORT MYERS, FLA., APRIL 30, 2026 (GLOBE NEWSWIRE) -- ALICO, INC., (“ALICO” OR THE “COMPANY”) (NASDAQ: ALCO) TODAY ANNOUNCED IT HAS RECEIVED UNANIMOUS APPROVAL FROM THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS FOR THE STEWARDSHIP RECEIVING AREA (SRA) AND COMPANION STEWARDSHIP SENDING AREA (SSA) 22 FOR CORKSCREW GROVE EAST VILLAGE.
- Alico, Inc. to Announce Second Quarter 2026 Financial Results on Monday, May 11, 2026
Apr 27, 2026 · globenewswire.com
FORT MYERS, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2026, on Monday, May 11, 2026 after market close.
- Alico, Inc. to Announce Second Quarter 2026 Financial Results on Monday, May 11, 2026
Apr 27, 2026 · globenewswire.com
FORT MYERS, Fla. , April 27, 2026 (GLOBE NEWSWIRE) -- Alico, Inc. ("Alico" or the "Company") (Nasdaq: ALCO) today announced that the Company will release financial results for the second quarter ended March 31, 2026, on Monday, May 11, 2026 after market close.
