News

Published on 17 Oct 2024 on GuruFocus.com · via Yahoo Finance

State Street Corp's Strategic Reduction in AAR Corp Holdings


Article preview image

On September 30, 2024, State Street Corp executed a significant transaction involving the sale of 208,054 shares in AAR Corp (NYSE:AIR), a notable player in the aerospace and defense sector. This move reduced State Street Corp's holdings in AAR Corp to 1,765,195 shares, reflecting a 10.54% decrease in their previous stake. The shares were traded at a price of $65.36 each. Despite this reduction, AAR Corp still represents a 0.01% position in State Street Corps extensive portfolio, underscoring a strategic adjustment rather than a complete exit.

Profile of State Street Corp

Warning! GuruFocus has detected 5 Warning Signs with AIR.

NYSE.AIR price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Airbus Delivers One H145M Combat Helicopter to the German Armed Forces

Airbus SE EADSY recently announced that it has successfully shipped the first of up to 82 H145M...

Zacks · via Yahoo Finance 22 Nov 2024

Comment: Why didn’t shareholders rein in Boeing mismanagement? | HeraldNet.com

There are many reasons Boeing Co. has fallen into such disrepair that it needs to sell shares for...

Everett Herald 2 Nov 2024

Major Gulf markets gain on Israel-Hezbollah ceasefire hopes

Most major stock markets in the Gulf rose in early trade on Thursday, buoyed by hopes for a...

Reuters 31 Oct 2024

Tech Hit in Late Hours as Meta Fails to Inspire: Markets Wrap

NY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkThere Will Soon Be No Meatpackers...

Bloomberg · via Yahoo News 30 Oct 2024

Morning Bid: From GDP data to tech earnings, a lot to chew on

Investors will have a full calendar of major releases to digest on Wednesday, from bank and Big T...

Reuters · via Yahoo Finance 30 Oct 2024

Héroux-Devtek's Gilles Labbé has taken some hard knocks on the road to aerospace...

“Size matters, meaning the more size, when things get tough, the more resources you have to manag...

Financial Post · via Yahoo Finance 29 Oct 2024

Germany stocks higher at close of trade; DAX up 0.38% By Investing.com

Germany stocks higher at close of trade; DAX up 0.38%

Investing.com 18 Oct 2024

State Street Corp's Strategic Reduction in AAR Corp Holdings

On September 30, 2024, State Street Corp executed a significant transaction involving the sale of...

GuruFocus.com · via Yahoo Finance 17 Oct 2024

France Faces Calls to Sell Part of $57 Billion Stock Portfolio

(Bloomberg) -- France, which urgently needs to bring down its growing debt mountain, is facing ca...

Bloomberg · via Yahoo Finance 16 Oct 2024

Stock Rotation Lifts Small Caps to Three-Year High: Markets Wrap

(Bloomberg) -- Stock traders kept driving a rotation out of the megacaps that have powered the bu...

Bloomberg · via Yahoo Finance 16 Oct 2024