Concurrent Investment Advisors LLC increased its holdings in The Gabelli Dividend & Income Trust (NYSE:GDV) by 12.8% in Q1, while other institutional investors adjusted their stakes. The fund, managed by Gabelli Funds, LLC, invests in US equity markets and recently announced a $0.14 per share dividend with a 6.32% yield.

Gabelli Funds is hosting its 17th annual Media & Entertainment Symposium on June 5, 2025. The article discusses Jim Cramer's analysis of Nucor Corporation (NYSE:NUE), highlighting its steel production and market position. Cramer acknowledges Nucor's potential but notes concerns about its stock price and recession risks. The article also compares Nucor to AI stocks, suggesting AI stocks may offer greater upside potential.

Bank of America Corp DE reduced its stake in The Gabelli Dividend & Income Trust (GDV) by 8.2% in Q4, while other institutional investors increased or acquired positions. The fund announced a $0.14 monthly dividend with a 6.70% yield.

Wabtec Corporation, a $35 billion rail industry leader with 155-year history, announced a $0.25 quarterly dividend per share to be paid on June 10, 2025, to shareholders of record as of May 27, 2025. The dividend reflects 31 consecutive annual payments and a 0.49% yield, with the company also highlighting its sustainability goals for zero-emission rail systems. Recent first-quarter earnings showed $2.28 EPS, 4.5% revenue growth, and updated 2025 financial guidance.

Gabelli & Co Investment Advisers Inc. purchased 22,000 shares of Amazon.com, Inc. (AMZN) in the fourth quarter, while other institutional investors adjusted their stakes. Amazon reported strong earnings, with $1.59 EPS and $155.67 billion revenue, surpassing expectations. Insiders, including CFO Brian T. Olsavsky and CEO Douglas J. Herrington, sold shares, reducing their ownership. Brokers revised price targets, and Amazon operates through retail, subscriptions, and AWS.