D.A. Davidson & CO. Increases Stock Position in Pfizer Inc. $PFE

D.A. Davidson & CO. lifted its position in shares of Pfizer Inc. (NYSE:PFEFree Report) by 2.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,184,965 shares of the biopharmaceutical company’s stock after purchasing an additional 90,012 shares during the period. D.A. Davidson & CO.’s holdings in Pfizer were worth $89,434,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of PFE. Bank of New York Mellon Corp lifted its stake in Pfizer by 11.1% in the first quarter. Bank of New York Mellon Corp now owns 53,879,900 shares of the biopharmaceutical company’s stock worth $1,512,948,000 after acquiring an additional 5,364,929 shares during the period. Providence Wealth Advisors LLC raised its holdings in Pfizer by 7.3% in the 1st quarter. Providence Wealth Advisors LLC now owns 43,734 shares of the biopharmaceutical company’s stock worth $1,245,000 after purchasing an additional 2,977 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in Pfizer in the 1st quarter worth $674,000. MASTERINVEST Kapitalanlage GmbH lifted its position in shares of Pfizer by 23.9% in the 1st quarter. MASTERINVEST Kapitalanlage GmbH now owns 57,402 shares of the biopharmaceutical company’s stock worth $1,612,000 after purchasing an additional 11,077 shares during the period. Finally, Luts & Greenleigh Group Inc. bought a new stake in shares of Pfizer during the 1st quarter valued at about $207,000. Hedge funds and other institutional investors own 68.36% of the company’s stock.

Pfizer News Roundup

Here are the key news stories impacting Pfizer this week:

Pfizer Trading Up 2.1%

NYSE PFE opened at $24.77 on Thursday. Pfizer Inc. has a 12 month low of $23.11 and a 12 month high of $28.75. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 0.67. The stock’s fifty day moving average price is $25.25 and its 200-day moving average price is $26.18. The stock has a market cap of $141.18 billion, a P/E ratio of 18.91 and a beta of 0.35.

Pfizer (NYSE:PFEGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The biopharmaceutical company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.03. Pfizer had a return on equity of 19.44% and a net margin of 11.83%.The firm had revenue of $14.45 billion during the quarter, compared to analyst estimates of $13.84 billion. During the same quarter in the previous year, the firm earned $0.92 EPS. Pfizer’s quarterly revenue was up 5.4% compared to the same quarter last year. Pfizer has set its FY 2026 guidance at 2.800-3.000 EPS. As a group, equities analysts forecast that Pfizer Inc. will post 2.96 EPS for the current fiscal year.

Pfizer Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, July 24th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $1.72 annualized dividend and a dividend yield of 6.9%. Pfizer’s dividend payout ratio (DPR) is 131.30%.

Analyst Ratings Changes

PFE has been the subject of several research analyst reports. Weiss Ratings upgraded shares of Pfizer from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $27.00 target price on shares of Pfizer in a research report on Monday, July 6th. JPMorgan Chase & Co. lowered their target price on Pfizer from $30.00 to $28.00 and set a “neutral” rating for the company in a research note on Wednesday, July 8th. Royal Bank Of Canada upgraded Pfizer from an “underperform” rating to a “sector perform” rating and set a $25.00 price target on the stock in a research report on Tuesday, June 9th. Finally, Guggenheim reduced their price target on Pfizer from $36.00 to $35.00 and set a “buy” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $28.50.

View Our Latest Stock Report on PFE

Pfizer Profile

(Free Report)

Pfizer Inc (NYSE: PFE) is a multinational biopharmaceutical company headquartered in New York City. Founded in 1849 by Charles Pfizer and Charles Erhart, the company researches, develops, manufactures and commercializes a broad range of medicines and vaccines for human health. Its activities span discovery research, clinical development, regulatory affairs, manufacturing and global commercial distribution across multiple therapeutic areas.

Pfizer’s portfolio and pipeline cover oncology, immunology, cardiology, endocrinology, rare diseases, hospital acute care and anti-infectives, along with a substantial vaccine business.

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Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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