Pfizer Inc. $PFE Shares Purchased by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd grew its holdings in shares of Pfizer Inc. (NYSE:PFEFree Report) by 72.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,978,774 shares of the biopharmaceutical company’s stock after buying an additional 1,675,415 shares during the period. AustralianSuper Pty Ltd’s holdings in Pfizer were worth $101,379,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Brighton Jones LLC grew its stake in shares of Pfizer by 1,282.4% during the 4th quarter. Brighton Jones LLC now owns 666,318 shares of the biopharmaceutical company’s stock worth $17,677,000 after purchasing an additional 618,117 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Pfizer by 12.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 18,766 shares of the biopharmaceutical company’s stock valued at $498,000 after purchasing an additional 2,087 shares during the period. GC Wealth Management RIA LLC boosted its holdings in Pfizer by 46.4% during the second quarter. GC Wealth Management RIA LLC now owns 24,012 shares of the biopharmaceutical company’s stock worth $582,000 after buying an additional 7,611 shares in the last quarter. HB Wealth Management LLC grew its position in Pfizer by 16.9% during the second quarter. HB Wealth Management LLC now owns 291,528 shares of the biopharmaceutical company’s stock worth $7,067,000 after buying an additional 42,200 shares during the period. Finally, Trivium Point Advisory LLC grew its position in Pfizer by 18.0% during the second quarter. Trivium Point Advisory LLC now owns 36,973 shares of the biopharmaceutical company’s stock worth $896,000 after buying an additional 5,639 shares during the period. 68.36% of the stock is owned by hedge funds and other institutional investors.

More Pfizer News

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Wall Street Analyst Weigh In

PFE has been the topic of several research analyst reports. Guggenheim reissued a “buy” rating on shares of Pfizer in a research note on Wednesday, December 17th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $30.00 price objective on shares of Pfizer in a report on Friday, October 31st. Scotiabank started coverage on Pfizer in a research report on Thursday, November 13th. They set a “sector outperform” rating and a $30.00 target price on the stock. Wolfe Research set a $24.00 price target on Pfizer and gave the company an “underperform” rating in a research report on Wednesday, December 17th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $26.00 price objective on shares of Pfizer in a research report on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $28.06.

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Pfizer Price Performance

NYSE:PFE opened at $25.89 on Thursday. Pfizer Inc. has a 12-month low of $20.92 and a 12-month high of $27.69. The firm has a market cap of $147.17 billion, a price-to-earnings ratio of 15.05 and a beta of 0.47. The company’s 50-day moving average is $25.45 and its two-hundred day moving average is $25.01. The company has a current ratio of 1.28, a quick ratio of 0.97 and a debt-to-equity ratio of 0.62.

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

Pfizer Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, January 23rd will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Friday, January 23rd. Pfizer’s dividend payout ratio (DPR) is currently 100.00%.

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.

Featured Stories

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Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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