Manning & Napier Advisors LLC Invests $1.23 Million in Pfizer Inc. $PFE

Manning & Napier Advisors LLC bought a new stake in shares of Pfizer Inc. (NYSE:PFEFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 49,073 shares of the biopharmaceutical company’s stock, valued at approximately $1,226,000.

A number of other institutional investors have also recently added to or reduced their stakes in PFE. Horizon Financial Services LLC boosted its position in shares of Pfizer by 174.8% in the fourth quarter. Horizon Financial Services LLC now owns 1,014 shares of the biopharmaceutical company’s stock worth $25,000 after buying an additional 645 shares during the period. YANKCOM Partnership acquired a new position in Pfizer during the 4th quarter worth approximately $28,000. Grey Fox Wealth Advisors LLC purchased a new position in Pfizer in the 3rd quarter worth approximately $29,000. Darwin Wealth Management LLC acquired a new stake in Pfizer in the second quarter valued at approximately $32,000. Finally, Torren Management LLC acquired a new stake in Pfizer in the fourth quarter valued at approximately $34,000. 68.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on PFE shares. Bank of America reduced their target price on shares of Pfizer from $27.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Weiss Ratings upgraded shares of Pfizer from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday. HSBC upped their price objective on shares of Pfizer from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Tuesday, March 17th. Guggenheim raised their target price on Pfizer from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Tuesday, March 24th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $27.00 price target on shares of Pfizer in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $28.74.

Check Out Our Latest Stock Report on PFE

Pfizer News Summary

Here are the key news stories impacting Pfizer this week:

Pfizer Stock Down 0.1%

NYSE:PFE opened at $25.65 on Monday. The firm has a market capitalization of $146.17 billion, a PE ratio of 19.58 and a beta of 0.35. The stock has a 50 day moving average of $27.14 and a 200-day moving average of $26.16. Pfizer Inc. has a 52 week low of $21.97 and a 52 week 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.

Pfizer (NYSE:PFEGet Free Report) last announced 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 business had revenue of $14.45 billion for the quarter, compared to the consensus estimate of $13.84 billion. During the same quarter last year, the business posted $0.92 EPS. The business’s revenue was up 5.4% on a year-over-year basis. Pfizer has set its FY 2026 guidance at 2.800-3.000 EPS. Analysts predict that Pfizer Inc. will post 2.98 EPS for the current year.

Pfizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 8th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Friday, May 8th. Pfizer’s dividend payout ratio (DPR) is presently 131.30%.

Pfizer Company 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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