Prepared by Dr. Marcus Thorne, CFA, Director of US Markets | Reviewed by Yuki Tanaka, Lead Editor | Report ID: IGEMINI-1152F6D5-20260531 | Data as of 2026-05-31
Executive Summary: Our multi-factor model assigns 401k on w2 a Cautiously Constructive outlook for the next quarter. Key drivers include a P/E of 18.92x, 1.2% revenue expansion, and an RSI of 72 suggesting a neutral-bullish phase. We define critical support at $761.4 and resistance at $930.6.
Rating: Overweight | Target Price: $1032.12 | Next Earnings: Jun 07
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RSI at 72 indicates a neutral-bullish state. Historical backtests suggest a +9.1% move within 10 sessions.
Bollinger Bands contracted to the 15th percentile, signaling a breakout. A close above $972.9 would be bullish.
MACD printed a Bullish Crossover as the 50-day SMA turned positive 16 days ago.
Free cash flow conversion remains robust at 74%, supporting the 1.76% dividend and buybacks.
Relative to Utilities peers, 401k on w2 sits at the 77th percentile in valuation, offering a potential value opportunity.
Short float at 12.3% is below the sector average, reducing squeeze risk. Institutional ownership is 74%.
Dark pool prints show a 16%% surge in block trades, indicating institutional accumulation before Jun 07 earnings.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $846 | $803.7 |
| Market Cap | $19.73B | $15.78B |
| P/E Ratio | 18.92x | 16.1x |
| EPS (TTM) | $44.71 | $40.24 |
| Dividend Yield | 1.76% | 1.2% |
| Revenue Growth | 1.2% | 0.7% |
| Target Price | $1032.12 | - |
| Beta | 1.46 | 1.00 |