Elevance Health

ELV

Market cap $75.2B

Alphabet shares rose 38% during the quarter. This represents a striking $810 billion increase in market value. Samsung shares rose 36% in the quarter, adding over $100 billion of market value. Samsung shares are finally starting to benefit from AI enthusiasm. Elevance's share price declined by 16%, making it our largest negative contributor.

Health insurance company stocks rose again Wednesday before the Thanksgiving holiday amid hope the Trump administration and Congress can agree on an extension of tax credits for those who buy individual coverage under the Affordable Care Act.

Global Equity ETF posted a return of 1.80% in the third quarter of 2025. Leading contributors in the First Eagle Global Equity ETF this quarter included Oracle, Alphabet Inc. Class C, Samsung Electronics Co Ltd Pfd Non-Voting, Barrick Mining and Newmont Corporation. The leading detractors in the quarter were Elevance Health, Philip Morris, Shimano, Comcast Corporation Class A and Salesforce.

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health is making healthcare more intuitive and personalized by using technology to simplify access and build trust among health plan members.

Ubisoft Entertainment (OTCPK:UBSFY) surged nearly 9% after Tencent invested €1.16B in its Vantage Studios, boosting transformation and reducing debt. Tencent (OTCPK:TCEHY) now holds a 26.32% economic interest in Vantage Studios, while Ubisoft retains exclusive control and consolidation.

Merck offers strong dividend growth, a robust drug pipeline, and strategic acquisitions, positioning it well beyond Keytruda's patent expiration. MRK's 3.9% dividend yield, low payout ratio, and A+ credit rating support its 14-year dividend growth streak and future income potential. Elevance Health faces near-term headwinds but boasts a large consumer base, efficiency initiatives, and a 13-year dividend growth record.

Rising Dividend Fund A Shares (without sales charge*) posted a return of 9.70% in third quarter 2025. Leading contributors in the First Eagle Rising Dividend Fund this quarter included Alphabet Inc. Class A, Oracle Corporation, TE Connectivity Ltd., Samsung Electronics Co Ltd Pfd Non-Voting and C.H. Robinson Worldwide, Inc. The leading detractors in the quarter were Comcast Corporation Class A, Texas Instruments Incorporated, Philip Morris International Inc., Elevance Health, Inc. and Salesforce.com, Inc.

The fund underperformed its benchmark, the Russell 1000 Index, during the third quarter. Videogame producer Electronic Art's was the top contributor during the period. Elevance Health was the top underperformer over the period.

Shares of major health insurers slid Monday as investors reacted to a Senate deal that ended the 40-day U.S. government shutdown but failed to extend subsidies under the Affordable Care Act (ACA).

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health Foundation today announced that applications will open December 9, 2025, for its inaugural $5 million Patient Safety Prize. With a focus on improving health literacy, eliminating medication errors, and preventing patient falls, the Prize invites changemakers to submit transformational solutions that improve safety, advance quality of care, and enhance outcomes for vulnerable populations. As part of the Community Action Leadership (CAL) initiative,.