Quilter Plc Cuts Stock Holdings in Pfizer Inc. $PFE

Quilter Plc lowered its holdings in shares of Pfizer Inc. (NYSE:PFEFree Report) by 43.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 838,693 shares of the biopharmaceutical company’s stock after selling 640,769 shares during the quarter. Quilter Plc’s holdings in Pfizer were worth $21,370,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its stake in Pfizer by 1,282.4% in the fourth quarter. Brighton Jones LLC now owns 666,318 shares of the biopharmaceutical company’s stock valued at $17,677,000 after purchasing an additional 618,117 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Pfizer by 12.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 18,766 shares of the biopharmaceutical company’s stock valued at $498,000 after buying an additional 2,087 shares during the period. McAdam LLC boosted its holdings in Pfizer by 5.4% during the second quarter. McAdam LLC now owns 13,674 shares of the biopharmaceutical company’s stock worth $331,000 after buying an additional 706 shares in the last quarter. Perigon Wealth Management LLC raised its stake in shares of Pfizer by 3.6% during the 2nd quarter. Perigon Wealth Management LLC now owns 122,643 shares of the biopharmaceutical company’s stock worth $2,973,000 after buying an additional 4,282 shares during the period. Finally, ST Germain D J Co. Inc. lifted its stake in Pfizer by 19.8% in the 2nd quarter. ST Germain D J Co. Inc. now owns 28,373 shares of the biopharmaceutical company’s stock valued at $688,000 after buying an additional 4,694 shares in the last quarter. Institutional investors own 68.36% of the company’s stock.

Trending Headlines about Pfizer

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Pfizer Price Performance

Shares of Pfizer stock opened at $25.65 on Friday. The company has a market cap of $145.82 billion, a PE ratio of 14.91 and a beta of 0.47. The company has a quick ratio of 0.97, a current ratio of 1.28 and a debt-to-equity ratio of 0.62. The business has a 50 day moving average of $25.40 and a 200 day moving average of $25.01. Pfizer Inc. has a 52 week low of $20.92 and a 52 week high of $27.69.

Pfizer (NYSE:PFEGet Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The biopharmaceutical company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.08. The firm had revenue of $16.65 billion for the quarter, compared to analysts’ expectations of $16.94 billion. Pfizer had a return on equity of 20.17% and a net margin of 15.65%.Pfizer has set its FY 2025 guidance at 3.000-3.150 EPS. As a group, equities research analysts forecast that Pfizer Inc. will post 2.95 earnings per share for the current year.

Pfizer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Friday, January 23rd will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 6.7%. The ex-dividend date is Friday, January 23rd. Pfizer’s dividend payout ratio is presently 100.00%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on PFE. Bank of America lowered their price objective on shares of Pfizer from $29.00 to $28.00 and set a “neutral” rating for the company in a research note on Monday, December 15th. The Goldman Sachs Group reissued a “neutral” rating and set a $26.00 price target on shares of Pfizer in a research report on Wednesday, November 5th. Wolfe Research set a $24.00 target price on Pfizer and gave the company an “underperform” rating in a research report on Wednesday, December 17th. HSBC reissued a “buy” rating and set a $29.00 price objective on shares of Pfizer in a report on Wednesday, December 10th. Finally, TD Cowen reiterated a “hold” rating on shares of Pfizer in a research report on Tuesday, December 30th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $27.88.

Check Out Our Latest Research 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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