PBU The Pension Fund of Early Childhood & Youth Educators Buys Shares of 39,824 Bristol Myers Squibb Company $BMY

PBU The Pension Fund of Early Childhood & Youth Educators bought a new stake in Bristol Myers Squibb Company (NYSE:BMYFree Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 39,824 shares of the biopharmaceutical company’s stock, valued at approximately $2,148,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WINTON GROUP Ltd purchased a new position in Bristol Myers Squibb in the 4th quarter valued at about $1,013,000. FLC Capital Advisors acquired a new stake in shares of Bristol Myers Squibb during the fourth quarter worth $255,000. Parallel Advisors LLC boosted its holdings in shares of Bristol Myers Squibb by 1.4% during the fourth quarter. Parallel Advisors LLC now owns 28,210 shares of the biopharmaceutical company’s stock worth $1,522,000 after purchasing an additional 399 shares during the last quarter. Prestige Wealth Management Group LLC boosted its holdings in shares of Bristol Myers Squibb by 33.5% during the fourth quarter. Prestige Wealth Management Group LLC now owns 23,688 shares of the biopharmaceutical company’s stock worth $1,278,000 after purchasing an additional 5,950 shares during the last quarter. Finally, SlateStone Wealth LLC acquired a new stake in shares of Bristol Myers Squibb during the fourth quarter worth $658,000. 76.41% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Bristol Myers Squibb

Here are the key news stories impacting Bristol Myers Squibb this week:

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Cantor Fitzgerald raised their price objective on Bristol Myers Squibb from $45.00 to $54.00 and gave the stock a “neutral” rating in a report on Wednesday, April 8th. Barclays initiated coverage on shares of Bristol Myers Squibb in a research note on Thursday, February 19th. They set an “overweight” rating and a $75.00 price objective for the company. Piper Sandler reaffirmed an “overweight” rating and set a $75.00 price objective (up from $66.00) on shares of Bristol Myers Squibb in a research note on Monday, February 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bristol Myers Squibb in a research note on Monday, March 23rd. Finally, Wall Street Zen downgraded shares of Bristol Myers Squibb from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $61.31.

Get Our Latest Report on BMY

Insider Transactions at Bristol Myers Squibb

In related news, EVP David V. Elkins sold 30,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $61.67, for a total transaction of $1,850,100.00. Following the completion of the sale, the executive vice president owned 159,248 shares of the company’s stock, valued at approximately $9,820,824.16. This represents a 15.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.05% of the company’s stock.

Bristol Myers Squibb Trading Up 1.1%

NYSE BMY opened at $57.24 on Friday. Bristol Myers Squibb Company has a 12 month low of $42.52 and a 12 month high of $62.89. The company has a 50-day moving average of $58.10 and a 200-day moving average of $56.52. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.42 and a quick ratio of 1.28. The company has a market cap of $116.88 billion, a P/E ratio of 16.08, a P/E/G ratio of 0.16 and a beta of 0.24.

Bristol Myers Squibb (NYSE:BMYGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The biopharmaceutical company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. The company had revenue of $11.49 billion during the quarter, compared to the consensus estimate of $10.93 billion. Bristol Myers Squibb had a net margin of 15.01% and a return on equity of 64.87%. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.80 EPS. Bristol Myers Squibb has set its FY 2026 guidance at 6.050-6.350 EPS. As a group, equities analysts predict that Bristol Myers Squibb Company will post 6.32 earnings per share for the current year.

About Bristol Myers Squibb

(Free Report)

Bristol Myers Squibb is a global biopharmaceutical company headquartered in Princeton, New Jersey, focused on discovering, developing and delivering medicines for serious diseases. The company’s core activities include research and development, clinical development, manufacturing and commercialization of prescription pharmaceuticals across multiple therapeutic areas. BMS concentrates on advancing therapies in oncology, hematology, immunology, cardiovascular disease and specialty areas through both small molecules and biologics.

BMS’s marketed portfolio and late‑stage pipeline reflect a strong emphasis on cancer and immune‑mediated conditions.

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Institutional Ownership by Quarter for Bristol Myers Squibb (NYSE:BMY)

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