TOWER BRIDGE ADVISORS Buys 3, Sells 2 in 2nd Quarter

TOWER BRIDGE ADVISORS recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.

The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.

101 WEST ELM STREET CONSHOHOCKEN, PA 19428

As of the latest 13F report, the guru’s equity portfolio contained 228 stocks valued at a total of $1.22Bil. The top holdings were MSFT(5.61%), AAPL(5.01%), and GOOG(3.04%).

According to GuruFocus data, these were TOWER BRIDGE ADVISORS’s top five trades of the quarter.

Alphabet Inc


During the quarter, TOWER BRIDGE ADVISORS bought 320,360 shares of NAS:GOOG for a total holding of 6,742,800. The trade had a 2.89% impact on the equity portfolio. During the quarter, the stock traded for an average price of $118.5.

On 07/21/2022, Alphabet Inc traded for a price of $115.04 per share and a market cap of $1,509.54Bil. The stock has returned -13.24% over the past year.

GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Alphabet Inc has a price-earnings ratio of 20.66, a price-book ratio of 5.93, a price-earnings-to-growth (PEG) ratio of 0.77, a EV-to-Ebitda ratio of 13.73 and a price-sales ratio of 5.70.

The price-to-GF Value ratio is 0.83, earning the stock a GF Value rank of 2.

United Parcel Service Inc


TOWER BRIDGE ADVISORS reduced their investment in NYSE:UPS by 130,495 shares. The trade had a 1.89% impact on the equity portfolio. During the quarter, the stock traded for an average price of $182.9.

On 07/21/2022, United Parcel Service Inc traded for a price of $187.01 per share and a market cap of $163.40Bil. The stock has returned -9.58% over the past year.

GuruFocus gives the company a financial strength rating of 6 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, United Parcel Service Inc has a price-earnings ratio of 15.27, a price-book ratio of 10.60, a price-earnings-to-growth (PEG) ratio of 1.74, a EV-to-Ebitda ratio of 10.09 and a price-sales ratio of 1.65.

The price-to-GF Value ratio is 0.95, earning the stock a GF Value rank of 6.

Alphabet Inc


During the quarter, TOWER BRIDGE ADVISORS bought 170,581 shares of NAS:GOOGL for a total holding of 3,598,800. The trade had a 1.53% impact on the equity portfolio. During the quarter, the stock traded for an average price of $118.07.

On 07/21/2022, Alphabet Inc traded for a price of $114.34 per share and a market cap of $1,510.89Bil. The stock has returned -10.36% over the past year.

GuruFocus gives the company a financial strength rating of 9 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Alphabet Inc has a price-earnings ratio of 20.70, a price-book ratio of 5.94, a price-earnings-to-growth (PEG) ratio of 0.78, a EV-to-Ebitda ratio of 13.73 and a price-sales ratio of 5.68.

The price-to-GF Value ratio is 0.83, earning the stock a GF Value rank of 2.

Watsco Inc


The guru established a new position worth 22,948 shares in NYSE:WSO, giving the stock a 0.45% weight in the equity portfolio. Shares traded for an average price of $263.83 during the quarter.

On 07/21/2022, Watsco Inc traded for a price of $257.61 per share and a market cap of $9.94Bil. The stock has returned -5.55% over the past year.

GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.

In terms of valuation, Watsco Inc has a price-earnings ratio of 21.33, a price-book ratio of 5.82, a price-earnings-to-growth (PEG) ratio of 2.67, a EV-to-Ebitda ratio of 13.92 and a price-sales ratio of 1.37.

The price-to-GF Value ratio is 0.82, earning the stock a GF Value rank of 9.

Dentsply Sirona Inc


The guru sold out of their 90,394-share investment in NAS:XRAY. Previously, the stock had a 0.3% weight in the equity portfolio. Shares traded for an average price of $40.58 during the quarter.

On 07/21/2022, Dentsply Sirona Inc traded for a price of $36.47 per share and a market cap of $7.86Bil. The stock has returned -42.06% over the past year.

GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 7 out of 10.

In terms of valuation, Dentsply Sirona Inc has a price-earnings ratio of 21.58, a price-book ratio of 1.62, a EV-to-Ebitda ratio of 11.11 and a price-sales ratio of 1.91.

The price-to-GF Value ratio is 0.62, earning the stock a GF Value rank of 8.


Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.

Want to provide feedback on this article? Have questions or concerns? Get in touch with us here, or email us at [email protected]!

This article is general in nature and does not represent the opinions of GuruFocus or any of its affiliates. This article is not intended to be financial advice, nor does it constitute investment advice or recommendations. It was written without regard to your individual situation or financial goals. We aim to bring you fundamental, data-driven analysis, The information on this site is in no way guaranteed for completeness, accuracy or in any other way.