Zoetis Inc. $ZTS Shares Acquired by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. lifted its stake in Zoetis Inc. (NYSE:ZTSFree Report) by 680.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,053,857 shares of the company’s stock after purchasing an additional 918,771 shares during the period. Zoetis comprises about 1.1% of Van Lanschot Kempen Investment Management N.V.’s holdings, making the stock its 25th largest holding. Van Lanschot Kempen Investment Management N.V.’s holdings in Zoetis were worth $132,596,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ZTS. Global Wealth Strategies & Associates purchased a new stake in shares of Zoetis during the fourth quarter worth approximately $25,000. Lodestone Wealth Management LLC acquired a new stake in Zoetis in the fourth quarter valued at approximately $30,000. KERR FINANCIAL PLANNING Corp purchased a new position in Zoetis in the third quarter worth approximately $31,000. Holos Integrated Wealth LLC purchased a new position in Zoetis in the fourth quarter worth approximately $32,000. Finally, Elyxium Wealth LLC acquired a new position in Zoetis during the 4th quarter worth approximately $32,000. 92.80% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Zoetis

Here are the key news stories impacting Zoetis this week:

Insiders Place Their Bets

In other news, Director Paul Bisaro bought 2,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were acquired at an average price of $75.88 per share, for a total transaction of $151,760.00. Following the completion of the transaction, the director owned 27,862 shares of the company’s stock, valued at approximately $2,114,168.56. This trade represents a 7.73% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frank A. Damelio bought 6,650 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average cost of $75.39 per share, with a total value of $501,343.50. Following the completion of the transaction, the director owned 21,458 shares in the company, valued at approximately $1,617,718.62. This trade represents a 44.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 11,650 shares of company stock valued at $886,384. 0.22% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ZTS has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $115.00 price objective on shares of Zoetis in a research report on Friday, May 15th. Wall Street Zen cut shares of Zoetis from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Citigroup lowered their target price on shares of Zoetis from $145.00 to $112.00 and set a “buy” rating for the company in a research note on Monday, May 18th. Argus restated a “hold” rating on shares of Zoetis in a research note on Wednesday, May 27th. Finally, Leerink Partners reaffirmed a “market perform” rating on shares of Zoetis in a report on Tuesday, March 10th. Six analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Zoetis presently has a consensus rating of “Hold” and a consensus target price of $133.92.

Check Out Our Latest Stock Analysis on Zoetis

Zoetis Stock Performance

Shares of Zoetis stock opened at $79.51 on Friday. The company has a quick ratio of 1.91, a current ratio of 3.15 and a debt-to-equity ratio of 2.80. Zoetis Inc. has a 52 week low of $72.38 and a 52 week high of $167.38. The firm’s 50 day moving average is $96.94 and its two-hundred day moving average is $114.22. The firm has a market capitalization of $33.33 billion, a P/E ratio of 13.19, a P/E/G ratio of 1.27 and a beta of 0.75.

Zoetis (NYSE:ZTSGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.60 by ($0.07). The company had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.30 billion. Zoetis had a net margin of 27.80% and a return on equity of 66.85%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.48 EPS. Zoetis has set its FY 2026 guidance at 6.850-7.000 EPS. Research analysts forecast that Zoetis Inc. will post 6.88 EPS for the current fiscal year.

Zoetis Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, July 20th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 2.7%. The ex-dividend date is Monday, July 20th. Zoetis’s dividend payout ratio is currently 35.16%.

Zoetis Company Profile

(Free Report)

Zoetis Inc (NYSE: ZTS) is a global animal health company that develops, manufactures and markets a broad portfolio of products and services for companion animals and livestock. The company’s offerings include pharmaceuticals, vaccines and biologics, parasiticides and anti-infectives, as well as diagnostic instruments, consumables and laboratory testing services. Zoetis serves the veterinary community, livestock producers and other animal-health customers with products designed to prevent, detect and treat disease and to support animal productivity and welfare.

Zoetis traces its roots to the animal health business of Pfizer and became an independent, publicly traded company following a 2013 separation and initial public offering.

Featured Stories

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Institutional Ownership by Quarter for Zoetis (NYSE:ZTS)

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