37,100 Shares in Zoetis Inc. $ZTS Bought by Context Capital Management LLC

Context Capital Management LLC acquired a new stake in shares of Zoetis Inc. (NYSE:ZTSFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 37,100 shares of the company’s stock, valued at approximately $4,668,000.

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

Insider Activity

In related news, Director Paul Bisaro bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average cost of $75.88 per share, with a total value of $151,760.00. Following the completion of the purchase, the director owned 27,862 shares of the company’s stock, valued at approximately $2,114,168.56. The trade was a 7.73% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Frank A. Damelio purchased 6,650 shares of Zoetis stock in a transaction on Wednesday, May 13th. The stock was bought at an average price of $75.39 per share, for a total transaction of $501,343.50. Following the completion of the acquisition, the director owned 21,458 shares in the company, valued at $1,617,718.62. The trade was a 44.91% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 11,650 shares of company stock worth $886,384 over the last quarter. Insiders own 0.22% of the company’s stock.

Zoetis Price Performance

Shares of Zoetis stock opened at $79.51 on Friday. The company has a market capitalization of $33.33 billion, a price-to-earnings ratio of 13.19, a PEG ratio of 1.24 and a beta of 0.75. The company has a quick ratio of 1.91, a current ratio of 3.15 and a debt-to-equity ratio of 2.80. The stock’s 50-day simple moving average is $96.94 and its 200-day simple moving average is $114.22. Zoetis Inc. has a 52 week low of $72.38 and a 52 week high of $167.38.

Zoetis (NYSE:ZTSGet Free Report) last released 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 business had revenue of $2.26 billion for the quarter, compared to analysts’ expectations of $2.30 billion. Zoetis had a return on equity of 66.85% and a net margin of 27.80%.The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.48 EPS. Zoetis has set its FY 2026 guidance at 6.850-7.000 EPS. As a group, analysts expect that Zoetis Inc. will post 6.88 earnings per share for the current fiscal year.

Zoetis Dividend Announcement

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

Key Stories Impacting Zoetis

Here are the key news stories impacting Zoetis this week:

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ZTS shares. BTIG Research reiterated a “buy” rating and set a $160.00 price target on shares of Zoetis in a research note on Thursday, February 26th. Stifel Nicolaus lowered their target price on Zoetis from $105.00 to $95.00 and set a “hold” rating on the stock in a research report on Friday, May 22nd. Weiss Ratings cut Zoetis from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, March 27th. Citigroup lowered their price objective on Zoetis from $145.00 to $112.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Finally, UBS Group reduced their target price on shares of Zoetis from $130.00 to $99.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Six analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $133.92.

Check Out Our Latest Analysis on ZTS

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.

Read More

Want to see what other hedge funds are holding ZTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zoetis Inc. (NYSE:ZTSFree Report).

Institutional Ownership by Quarter for Zoetis (NYSE:ZTS)

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