Category: Stock Market

Mineral Resources Ltd (ASX: MIN) shares are climbing higher into the green today.

At the time of writing, the shares are up around 4% at $55.57 a piece.

The increase is great news for investors after a volatile run so far this year. The shares have swung wildly, ranging from $27.65 to $74.94 over the past 12 months. 

For the year to date, they’re roughly flat, and they’re around 81% higher than 12 months ago.

So if I bought $1,000 of Minerals Resources shares 12 months ago, what would they be worth today?

This time last year, the miner’s shares were close to a multi-year low and trading hands for $30.66 each. Today they’re trading 81% higher.

That means your $1,000 investment in July last year would now be worth closer to $1,810.

That’s a decent increase!

What’s ahead for Mineral Resources shares?

The experts are incredibly bullish about the upside for Mineral Resources shares over the next 12 months.

Market Index data shows that all brokers agree on a buy rating on the ASX mining share. The average $79.83 target price implies an upside of around 50% at the time of writing. 

The data is similar on TradingView. Sentiment is more mixed, but the majority (10 out of 16) have a buy or strong buy rating on the shares.

The average target price is lower at $69.68, implying a potential 26% upside at the time of writing. But more bullish analysts expect the shares to increase 55% to around $86 a piece over the next 12 months.

If analyst forecasts are correct, your $1,000 investment last year could be worth around $2,800 by July 2027.

What could drive the share price higher over the next 12 months?

It looks like the key driver of a share price increase over the next year is that the ASX mining stock is still considered oversold and below fair value.

Mineral Resources suffered a sharp share price crash in mid-2024, before bottoming at a five-year low in early 2025. Since then, there has been an impressive recovery. But it appears that the miner has a lot more to bring to the table.

Mineral Resources has major exposure to lithium and has ridden the wave of soaring lithium carbonate prices through early 2026. 

The miner confirmed plans to restart operations at its 100%-owned Bald Hill lithium mine in May, following a “significant and sustained recovery” in lithium prices.

Later the same month, site activity ramped up, and the first production blast was successfully completed in early June.

The initial shipment is expected to depart through the Port of Esperance in the first quarter of FY27.

The post If I invested $1,000 into Mineral Resources shares 12 months ago, guess what I’d have today! appeared first on The Motley Fool Australia.

More reading

• 9 ASX 200 shares with refreshed buy ratings this week
• What are the top picks in the ASX lithium sector right now?
• Buy, hold, sell: Regis Resources, Mineral Resources, Woolworths shares
• Experts name 3 big-name ASX 200 shares to sell
• Top 5 ASX 200 lithium shares of FY26

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Space Exploration Technologies Corp (NASDAQ: SPCX) founder Elon Musk is on record as saying the newly listed company will be “worth more than Earth if we achieve our goals”. However, investors who bought shares in the initial public offering are now deeply underwater.

SpaceX shares plumbing new lows

SpaceX shares fell another 6.7% overnight to close at US$115.26, well below the US$135 initial public offer (IPO) price and more than US$100 lower than the high of US$225.64 achieved in the days following the company’s listing on the US NASDAQ exchange.

There has been no specific market-moving news putting downward pressure on the shares; however, the company’s IPO disclosures show that two of its three divisions continue to burn cash, with only the Starlink connectivity division making money.

With that in mind, investors will be focused on the company’s first earnings report, which it announced this week will be scheduled for August 4.

According to US business news outlet CNBC, this will also trigger the ability for insiders to begin trading a portion of their shares, which could put further downward pressure on the share price.

US news outlets have also widely reported that the company has been the target of short sellers, with as much as a third of its public float being shorted.

Mr Musk took aim at the short sellers in a post on X last week, where he declared, “The survival probability of firms who maintain a significant short position in SpaceX over time is very low”.

Market watchers see longer-term upside in SpaceX shares

Analysts are almost universally bullish about the company’s prospects, with Yahoo reporting that, of the 13 analysts following the stock, the lowest price target is US$200.

A UBS report published in Australia earlier this month put a price target of US$210 on the company.

The UBS team said that as the company brings its Starship rocket system into service, the total addressable market for the company could increase to US$30 trillion.

UBS added:

We view SpaceX as an unparalleled set of assets with a multifaceted return profile and multiple drivers of upside for long term, risk tolerant investors. Starship – the most advanced heavy-lift, re-usable rocket – is the foundational technology that unlocks opportunities in launch, communications and AI compute creating a total addressable market nearing US$30T. Starship would effectively give SpaceX commercial control over access to space for the next decade, and we expect revenues/EBITDA to grow at a ~70%/90% CAGR through ’31 to US$660B/US$512B as opportunities in AI and connectivity scale and rapid reusability drives the launch cost per kilogram to just $200 from $1K currently ($50K for the space shuttle).  

UBS said while it was not factored into their base investment case, SpaceX was “uniquely positioned to exploit off planet business models as they emerge, providing investors a call option as Elon Musk looks to fulfill his vision of making life multiplanetary”.

The post SpaceX shares continue to slide. What’s the next catalyst for a recovery? appeared first on The Motley Fool Australia.

More reading

• 9 ASX 200 shares with refreshed buy ratings this week
• 3 ASX 200 stocks smashing new 52-week-plus highs today
• Why is this ASX lithium stock racing 9% higher today?
• Why Sandfire, Domino’s and Macquarie shares are making waves on Thursday
• 8 ASX 200 shares downgraded by experts this week

Motley Fool contributor Cameron England has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 200 Index (ASX: XJO) shares are up 0.7% to 8,883.7 points on Thursday.

Brokers have indicated continuing confidence in several ASX 200 shares this week.

Let’s check them out.

Mineral Resources Ltd (ASX: MIN)

The Mineral Resources share price is $55.06, up 2.7% today.

Mineral Resources was among the 5 best ASX 200 mining shares of FY26 for share price growth.

Morgans reiterated its buy call on the miner with a 12-month price target of $68.

This suggests a potential 24% upside ahead.

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is $15.24, down 0.9% today.

UBS reiterated its buy rating on Lynas Rare Earths shares with a price target of $22.75.

This implies potential capital gains of 47% ahead.

BHP Group Ltd (ASX: BHP)

The BHP share price is $60.62, up 1.4% today.

Morgan Stanley reaffirmed its buy rating on the market’s largest ASX 200 mining share.

The broker has a 12-month target of $67.50, which suggests a potential 12% upside ahead.

Charter Hall Group (ASX: CHC)

The Charter Hall share price is $22.80, up 1.4% today.

Jefferies reiterated its buy rating on the real estate investment trust (REIT) yesterday.

The broker has a 12-month price target of $33.82.

This implies a potential near-50% upside ahead.

Insurance Australia Group Ltd (ASX: IAG)

The IAG share price is $8.46, up 0.2% today.

UBS renewed its buy rating on IAG shares with an $8.80 target.

This implies potential capital growth of 4% for the ASX 200 financial share.

WiseTech Global Ltd (ASX: WTC)

The WiseTech share price is $32.34, down 4.5% today.

Wisetech shares were among the 5 biggest fallers on the ASX 200 in FY26.

Bell Potter reiterated its buy rating on WiseTech shares today with a $71.75 target.

This implies potential capital gains of more than 120% ahead.

Westgold Resources Ltd (ASX: WGX)

The Westgold Resources share price is $4.83, down 0.5% today.

UBS reaffirmed its buy call on the ASX 200 gold share with a 12-month target of $7.75.

This suggests a potential 60% upside ahead.

Zip Co Ltd (ASX: ZIP)

The Zip share price is $2.71, down 2.5% today.

UBS renewed its buy rating on Zip shares this week.

The broker raised its 12-month price target from $3.10 to $4.10.

This suggests more than 50% upside ahead.

Qantas Airways Ltd (ASX: QAN)

The Qantas share price is $10.15, down 0.1% today.

Citi reiterated its buy rating on Qantas shares and increased its target price from $10.40 to $11.40.

This implies a potential 12% upside ahead for the ASX 200 airline share.

The post 9 ASX 200 shares with refreshed buy ratings this week appeared first on The Motley Fool Australia.

More reading

• How much could a $100,000 ASX share portfolio pay in dividends?
• 3 key reasons to buy BHP shares today
• Are Megaport and WiseTech shares top buys?
• How many BHP shares do I need to buy for $10,000 of passive income?
• Here are the top 10 ASX 200 shares today

Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has positions in BHP Group and Zip Co. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Jefferies Financial Group and WiseTech Global. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has positions in and has recommended WiseTech Global. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The S&P/ASX 200 Index (ASX: XJO) is up 0.7% in afternoon trade on Thursday, with three large-cap ASX 200 stocks trading in new 52-week-plus highs.

Here’s what’s happening.

AMP Ltd (ASX: AMP)

AMP shares are up 0.7% at the time of writing, changing hands for $2.15 apiece.

That marks a multi-year high for the diversified financial services company, with the ASX 200 stock now trading at its highest levels since July 2019.

There’s no fresh news out from AMP today. But the share price has enjoyed a strong run over the last week since the company lifted its first-half (H1 FY 2026) profit expectations last week.

On 16 July, management revealed they expect H1 underlying net profit after tax (NPAT) to come in the range of $170 million to $180 million. That’s a big increase from H1 FY 2025 NPAT of $131 million.

Management attributed the profit increase to a stronger contribution from AMP’s China partnerships, favourable investment income spurred by rising interest rates, and the recognition of $13 million related to the partial sale of AMP’s remaining assets within a legacy fund.

AMP shares closed up 9.8% on the day of the announcement.

Ampol Ltd (ASX: ALD)

Also notching new one-year-plus highs today is Aussie fuel supplier Ampol.

Ampol shares are up 0.6% at the time of writing, trading for $39.17 each.

You’d have to go back to April 2024 to find the ASX 200 stock trading at higher levels.

Ampol shares are now up 49% since this time last year, boosted by increased profits and production.

Today’s lift looks to be fuelled by the increasing oil price.

With attacks still ongoing in and around Iran, coupled with new Yemeni Houthi attacks on oil tankers in the Red Sea, the Brent crude oil price is up 3.4% overnight to US$94.07 per barrel, according to data from Bloomberg.

The oil price is now up more than 31% since the beginning of July.

Which brings us to…

Vicinity Centres (ASX: VCX)

Joining the list of ASX 200 stocks notching new 52-week highs is shopping centre owner and manager Vicinity Centres.

Vicinity Centres shares are up 0.4% at the time of writing, swapping hands for $2.65 each.

That’s the highest level since November 2019.

There’s also no fresh price-sensitive news out from Vicinity Centres. But after jumping from a one-year closing low of $2.26 a share on 12 March, investors have been reassessing the valuation of this ASX REIT.

The post 3 ASX 200 stocks smashing new 52-week-plus highs today appeared first on The Motley Fool Australia.

More reading

• 8 ASX 200 shares downgraded by experts this week
• 2 ASX shares highly recommended to buy: Experts
• AMP shares have surged 80% since March. What’s next?
• Ampol shares rallied 40% to hit fresh 2-year high. Buy, sell or hold?
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Core Lithium Ltd (ASX: CXO) shares are racing higher in Thursday lunchtime trade.

At the time of writing, the ASX lithium stock is up around 9% to 26 cents a piece.

Today’s increase means the shares are now up 114% higher than 12 months ago.

But, thanks to a share price crash in March this year, the shares are still trying to claw back losses shed in 2026. For the year to date, the shares are down around 9%, at the time of writing.

Why is the ASX lithium stock climbing higher again today?

There isn’t any price-sensitive news out of the company this week to explain the latest share price rally.

It looks like the shares are rising on the back of an upswing in investor interest in the ASX lithium explorer and developer. Core Lithium shares were also sold off heavily over recent weeks, so a bounce-back is likely, with investors buying back in for cheap.

The lithium sector has been in the spotlight over the past week after news that a wave of mine restarts in China will tip the market back into oversupply next year. Trading Economics data shows that Lithium carbonate prices have fallen below CNY145,000 this month, their lowest in five months.

But it looks like Core Lithium shares are unfazed by the latest update. In fact, the share price is quickly travelling in the other direction.

Fact is, prices are still hugely higher than the CNY90,000 levels seen in January this year, and demand is still booming. EV sales continue to increase globally, and grid-scale battery storage is growing rapidly. Both markets are heavily reliant on lithium supply.

The successful restart of Core Lithium’s flagship Finniss operation in the Northern Territory is also likely to be attracting attention.

Late last month, the company announced that its underground decline development has now started at the BP33 deposit. This is a major step for Finniss, which sits about 88 kilometres by sealed road from Darwin Port.

The company said BP33 is expected to provide a long-life, low-cost underground production base, with a mine life of more than 10 years. It also remains open at depth, which means there could be room to extend the operation over time.

The underground development will run alongside the current open-pit mining at Grants.

Are Core Lithium shares a buy, sell, or hold?

According to the experts, there could be a huge upside ahead over the next 12 months.

TradingView data shows that three out of four analysts have a buy or strong buy rating on the shares.

The average target price of 39.5 cents implies a 53% upside at the time of writing. But some think the lithium shares have the potential to rocket 169% higher to 70 cents each over the next 12 months. 

The post Why is this ASX lithium stock racing 9% higher today? appeared first on The Motley Fool Australia.

More reading

• SpaceX shares continue to slide. What’s the next catalyst for a recovery?
• 9 ASX 200 shares with refreshed buy ratings this week
• 3 ASX 200 stocks smashing new 52-week-plus highs today
• Why Sandfire, Domino’s and Macquarie shares are making waves on Thursday
• 8 ASX 200 shares downgraded by experts this week

Motley Fool contributor Samantha Menzies has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Domino’s Pizza Enterprises Ltd (ASX: DMP), Sandfire Resources Ltd (ASX: SFR), and Macquarie Group Ltd (ASX: MQG) shares are grabbing financial headlines today.

Two of the large-cap stocks are underperforming the 0.7% gains posted by the S&P/ASX 200 Index (ASX: XJO) during the Thursday lunch hour, while one stock is racing ahead of those gains.

Here’s why all three are grabbing investor attention today.

Macquarie shares dip on CEO transition

After posting gains this morning, Macquarie shares have dipped into the red at the time of writing, down 0.1% at $254.65 each.

This comes after the ASX 200 diversified financial services company announced that Shemara Wikramanayake will step down from her role in November. Wikramanayake has held the top post for eight years.

Greg Ward will take over the reins following Wikramanayake’s retirement. Ward is currently Macquarie’s Head of Banking and Financial Services.

Commenting on the transition, Wikramanayake said:

I take confidence in the strength of the team, and particularly in Greg’s ability to build on the legacy of our six decades of history. We have worked together for 30 years, and his track record, leadership and integrity make him an excellent candidate to be Macquarie’s next CEO.

Sandfire shares lift on record quarterly sales

Unlike Macquarie shares, Sandfire shares are outperforming today, up 4.3% to $19.49 apiece.

Sandfire shares are making waves following the release of a strong June quarter update (Q4 FY 2026).

Among the highlights, the ASX 200 copper stock reported a 38% increase in copper equivalent (CuEq) production to 47,600 tonnes. This saw the miner achieve annual production guidance, producing 154,200 tonnes of CuEq in FY 2026.

Likely spurring investor spirits, Sandfire achieved record quarterly sales revenue of $574 million.

On the earnings front, underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at $343 million. Management expects full-year FY 2026 underlying EBITDA to reach $867 million.

Turning to the balance sheet, as at 30 June, Sandfire had a net cash position of $353 million. That compares favourably to the company’s $123 million in net debt a year earlier.

Which brings us to…

Domino’s shares slip on court ruling

Like Macquarie shares, Domino’s shares are trailing the benchmark today.

Shares in the ASX 200 fast food pizza retailer are down 0.2% at the time of writing, changing hands for $16.85 apiece.

This follows news that the Federal Court ruled that Domino’s engaged in “misleading and deceptive conduct regarding the application of certified enterprise agreements”.

The ruling is part of a broader class action addressing alleged underpayment of franchisee employee wages from 2013 to 2018.

The ruling only relates to Mr Gall, the lead applicant’s claim. The court assessed Gall’s loss at just under $12,000.

Domino’s said it is reviewing the court’s judgment to assess the potential for appeal. The company noted that the potential liability for broader group members remains “highly uncertain and unquantifiable”.

The post Why Sandfire, Domino’s and Macquarie shares are making waves on Thursday appeared first on The Motley Fool Australia.

More reading

• Domino’s Pizza Enterprises faces court ruling in class action earnings update
• Sandfire Resources posts record sales and cash in strong FY26 finish
• Macquarie Group announces new CEO as Shemara Wikramanayake prepares to retire
• This UK bank plans to disrupt CBA, ANZ, NAB and Westpac
• These ASX shares could generate $12,000 per year in passive income

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Domino’s Pizza Enterprises and Macquarie Group. The Motley Fool Australia has recommended Domino’s Pizza Enterprises and Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

S&P/ASX 200 Index (ASX: XJO) shares are 0.6% higher at 8.875.9 points on Thursday.

This week, brokers have reduced their ratings on several ASX 200 shares.

Let’s take a look.

Cochlear Ltd (ASX: COH)

The Cochlear share price is $110.20, down 1.7% today and down 65% over 12 months.

RBC Capital downgraded the ASX 200 healthcare share to a hold rating.

The broker reduced its 12-month price target from $125 to $117.

This implies a potential 6% upside ahead.

AMP Ltd (ASX: AMP)

The AMP share price is $2.15, up 0.7% today and up 29% over 12 months.

Jarden downgraded AMP shares to a hold rating, but increased its price target from $1.65 to $2.

This suggests a potential 7% downside ahead for the ASX 200 financial share.

Wesfarmers Ltd (ASX: WES)

The Wesfarmers share price is $88.76, down 1.3% today and up 6.8% over 12 months.

Morgan Stanley downgraded the ASX 200 consumer discretionary share to a sell rating today.

The broker lifted its 12-month price target slightly from $78.70 to $79.

This implies a potential 11% downside ahead.

Woolworths Group Ltd (ASX: WOW)

The Woolworths share price is $38.93, down 0.9% today and up 25% over 12 months.

JP Morgan downgraded the ASX 200 consumer staples share to a hold rating.

The broker raised its 12-month price target from $37 to $39.50.

This indicates a potential capital gain of just 1% over the next year. 

Coles Group Ltd (ASX: COL)

The Coles share price is $23.50, up 0.4% today and up 16% over 12 months.

JP Morgan downgraded Coles shares to a hold rating with a $23.50 target.

This suggests the stock is fully valued at today’s price.

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is $11.80, down 0.3% today and down 12% over 12 months.

Citi downgraded the ASX 200 travel share to a hold rating with a $13.20 target.

This suggests a potential 12% upside ahead.

Centuria Industrial REIT (ASX: CIP)

The Centuria Industrial REIT share price is $3.01, up 1.9% today and down 4% over 12 months.

Bell Potter downgraded the real estate investment trust (REIT) to a hold rating with a $3.25 target yesterday.

This suggests potential capital growth of 8% over the next year. 

Telix Pharmaceuticals Ltd (ASX: TLX)

The Telix Pharmaceuticals share price is $14.95, up 0.6% today and down 30% over 12 months.

RBC Capital downgraded the ASX 200 tech share to a hold rating with an $18 target.

This still implies a healthy potential 20% upside ahead.

The post 8 ASX 200 shares downgraded by experts this week appeared first on The Motley Fool Australia.

More reading

• How much could a $100,000 ASX share portfolio pay in dividends?
• How much does Morgan Stanley think Wesfarmers shares will fall?
• Canaccord Genuity picks its top 3 ASX industrial shares
• How many Cochlear shares do I need to buy for $10,000 of passive income?
• Are Telix shares a buy, hold or sell following results?

JPMorgan Chase is an advertising partner of Motley Fool Money. Citigroup is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Cochlear, JPMorgan Chase, Telix Pharmaceuticals, and Wesfarmers. The Motley Fool Australia has recommended Cochlear, Flight Centre Travel Group, Telix Pharmaceuticals, and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The Corporate Travel Management Ltd (ASX: CTD) share price is in focus after the company formally confirmed Ana Pedersen as its new Managing Director and Group Chief Executive Officer, following her time as Acting CEO. The appointment is effective 23 July 2026, marking a significant leadership update for Corporate Travel shareholders.

What did Corporate Travel Management report?

• Ana Pedersen confirmed as Managing Director and Group CEO, effective 23 July 2026
• Ms Pedersen previously served as Acting Group CEO since 2 February 2026
• Total annual fixed remuneration set at $1.2 million
• Short-term incentive opportunity of $500,000 (FY26), subject to performance
• Long-term incentive opportunity of $1 million (FY26), also performance-based

What else do investors need to know?

Ana Pedersen brings more than 20 years’ global experience in corporate travel and technology, with senior leadership roles across Australia, Asia, and North America. Prior to joining CTM in October 2024, she held executive roles with BCD Travel and HRS Group, leading significant growth initiatives and managing global commercial strategies.

Her new permanent appointment replaces her interim role and follows a period described by Corporate Travel as “particularly challenging.” The Board has highlighted her steady leadership and focus on client delivery during this time.

What did Corporate Travel Management management say?

Managing Director and Group Chief Executive Officer Ana Pedersen said:

I am pleased to continue leading Corporate Travel, and our focus is on advancing our priorities with discipline and clarity, while working toward fair and timely outcomes for those affected. We remain committed to delivering for our clients and supporting our people, who are at the heart of our business. We know there is more to do, and we are doing everything we can to make meaningful progress.

What’s next for Corporate Travel Management?

Ms Pedersen’s appointment signals continuity in Corporate Travel’s strategy, with a continued emphasis on supporting clients and staff while navigating ongoing industry challenges. The Board voiced confidence that her leadership will help position Corporate Travel for long-term success and steady delivery on key objectives.

Looking ahead, incentive arrangements for the new CEO involve both short- and long-term performance targets, aligning her interests with sustained growth for shareholders. Further updates about performance or strategy may follow in future announcements.

View Original Announcement

The post Corporate Travel Management names Ana Pedersen as new CEO appeared first on The Motley Fool Australia.

More reading

• Corporate Travel Management updates investors on delayed FY25 results and UK remediation

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Corporate Travel Management. The Motley Fool Australia has positions in and has recommended Corporate Travel Management. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

S&P/ASX 200 Index (ASX: XJO) stock Generation Development Group Ltd (ASX: GDG) is racing higher today.

Shares in the diversified financial services business closed yesterday trading for $3.34. In late morning trade on Thursday, shares are changing hands for $4.45 apiece, up 33.2%.

For some context, the ASX 200 is up 0.6% at this same time.

This strong outperformance follows the release of Generation Development’s decidedly positive June quarter update (Q4 FY 2026).

Here’s what’s got investors stirred up.

ASX 200 stock rockets on funds management growth

The June quarter saw Generation Development complete the full integration of the Evidentia and Lonsec managed account businesses.

And this looks to be paying off.

The ASX 200 stock reported a 36% year-on-year increase in group funds under management (FUM) to $46.4 billion as at 30 June 2026.

Generation Life achieved a 35% increase in FUM from Q4 FY 2026 to $5.95 billion. The division reported record quarterly sales inflows of $442 million, up 39% year on year.

In what management called “one of the most significant alliances secured by Generation Life”, the June quarter saw Colonial First State (CFS) select Generation Life as its strategic retirement solutions provider. CFS manages and administers more than $180 billion in investments.

Evidentia also enjoyed strong growth, with FUM increasing by 37% to $40.5 billion. The company credited the strong performance to both organic client growth and strategic transitions.

And Lonsec Research and Ratings increased the number of products it researched by 9% year on year to more than 2,000, up 9%, while iRate subscribers grew 13% to 5,629. The ASX 200 stock said that its ongoing investment in research capability and governance solutions positions Lonsec well for further commercial expansion.

What did management say?

Commenting on the results sending the ASX 200 stock surging today, Generation Life CEO Grant Hackett said, “With the integration of Evidentia and Lonsec managed accounts, we’ve created a stronger, more resilient platform for future growth. “

Looking ahead, Hackett said, “Structural and legislative tailwinds supporting long-term growth remain favourable.”

He added:

Australia’s ageing population, increasing demand for retirement income solutions and continued need for financial advice are expected to support demand across our investment bonds and LifeIncome products, managed accounts and research businesses over time.

The combination of Generation Life, Evidentia and Lonsec creates a differentiated wealth platform spanning product manufacturing, investment implementation and independent research.

We believe this integrated operating model positions GDG to continue delivering sustainable long-term growth into FY27 and beyond.

The post Guess which $1.8 billion ASX 200 stock is leaping 33% on Thursday! appeared first on The Motley Fool Australia.

More reading

• Generation Development Group posts 36% lift in FUM and record inflows for FY26
• Here are the top 10 ASX 200 shares today
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Generation Development Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

ASX dividend shares are a great way for investors to build financial security, take advantage of compounding, and create an extra passive income stream.

A common misconception is that investors need to invest millions of dollars (or more) to make it worth it.

The reality is that you could earn a good passive income off a portfolio of around $100,000.

But what could that passive income actually look like?

Let’s break it down.

How much could I earn off a $100,000 ASX share portfolio?

The easiest way to calculate your passive income is by multiplying your total portfolio value by your dividend yield.

The tricky part is that the answer varies widely depending on the dividend yield of your portfolio.

For example, $100,000 x 3% = $3,000 per year in dividend payments.

But if your portfolio has a dividend yield of around 6%, your passive income will be double the size. That’s because $100,000 x 6% = $6,000 per year in dividend payments. 

And so on. As your dividend yield increases, the passive income you can earn from your $100,000 portfolio also increases.  

These figures are based on cash dividends before any tax or franking credit benefits.

Of course, this type of money isn’t going to become a primary income stream, but it’ll certainly help create an extra buffer.

Which ASX shares could earn me $3,000 per year in dividends?

To earn an annual passive income of around $3,000, your portfolio will need to yield around 3%.

A 3% dividend yield is very achievable, and there is a wide range of high-quality ASX dividend shares that pay out around that level. 

For example, major blue chips like BHP Group Ltd (ASX: BHP) and Commonwealth Bank of Australia (ASX: CBA) pay around the 3% mark. As do long-standing ASX dividend players like Washington H. Soul Pattinson and Co Ltd (ASX: SOL), ASX healthcare giant CSL Ltd (ASX: CSL), and Coles Group Ltd (ASX: COL).

What ASX shares could help me earn around $6,000 per year in dividend payments?

To earn an annual passive income of around $6,000, your portfolio will need to yield around 6%.

This is a little higher than the average across the index, but there are still plenty of options available.

For example, long-standing ASX dividend payer APA Group Ltd (ASX: APA) pays around 6%. Metcash Ltd (ASX: MTS) also pays around a 6% yield, as does energy provider AGL Energy Ltd (ASX: AGL).

What about if I wanted to earn $10,000 per year in dividends? Is that possible?

Technically, yes, although your portfolio would need to average a dividend yield of around 10%. 

There are options around this level, but they generally come with higher risk.

Some good high-yielding ASX shares are IPH Ltd (ASX: IPH) and non-bank lender Liberty Financial Group Ltd (ASX: LFG). Meanwhile, GQG Partners Inc (ASX: GQG) yields even higher, at around 16%.

Of course, it’s important to note that, ideally, you want to build a portfolio comprising a mix of different yielding shares for diversification, rather than a portfolio of just one stock.

The post How much could a $100,000 ASX share portfolio pay in dividends? appeared first on The Motley Fool Australia.

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Motley Fool contributor Samantha Menzies has positions in BHP Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Apa Group and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has recommended BHP Group, CSL, Gqg Partners, and IPH Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.