Bleakley Financial Group LLC purchased a new position in shares of Zoetis Inc. (NYSE:ZTS – Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 18,748 shares of the company’s stock, valued at approximately $2,216,000.
Several other institutional investors and hedge funds have also modified their holdings of the company. Global Wealth Strategies & Associates acquired a new stake in Zoetis during the fourth quarter worth approximately $25,000. Prosperity Bancshares Inc acquired a new position in Zoetis in the 4th quarter valued at $25,000. Lodestone Wealth Management LLC acquired a new position in Zoetis in the 4th quarter valued at $30,000. Root Financial Partners LLC lifted its stake in shares of Zoetis by 66.5% during the 1st quarter. Root Financial Partners LLC now owns 258 shares of the company’s stock worth $30,000 after purchasing an additional 103 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Zoetis during the third quarter worth $31,000. Hedge funds and other institutional investors own 92.80% of the company’s stock.
Zoetis News Roundup
Here are the key news stories impacting Zoetis this week:
- Positive Sentiment: Zoetis announced the acquisition of VitalRADS, which should deepen its diagnostics business and broaden its cloud-based, AI-assisted veterinary workflow tools. Zoetis Gains as VitalRADS Deal Boosts Diagnostics Narrative
- Positive Sentiment: Zoetis launched Lenivia in Canada and the EU, giving the company a new international treatment option for canine osteoarthritis pain and potentially supporting sales growth. Zoetis Launches Lenivia in Canada and the European Union
- Neutral Sentiment: Several law firms issued reminders about an upcoming July 27 lead-plaintiff deadline in the pending securities class action, keeping legal uncertainty in focus for investors. Zoetis Inc. Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
- Negative Sentiment: The class-action headlines highlight allegations of securities fraud tied to the period from January 2025 through May 2026, which could weigh on sentiment until the case is resolved. Bronstein, Gewirtz & Grossman LLC Urges Zoetis Inc. Investors to Act
Insider Transactions at Zoetis
Zoetis Trading Up 3.3%
ZTS stock opened at $77.02 on Friday. 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 company has a market cap of $32.29 billion, a price-to-earnings ratio of 12.77, a PEG ratio of 1.16 and a beta of 0.75. The business has a fifty day simple moving average of $77.46 and a 200-day simple moving average of $106.24. Zoetis Inc. has a 52 week low of $71.47 and a 52 week high of $160.48.
Zoetis (NYSE:ZTS – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.07). Zoetis had a net margin of 27.80% and a return on equity of 66.85%. The firm had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.30 billion. During the same quarter in the previous year, the business posted $1.48 EPS. Zoetis’s revenue was up 2.9% compared to the same quarter last year. Zoetis has set its FY 2026 guidance at 6.850-7.000 EPS. On average, equities research analysts expect that Zoetis Inc. will post 6.87 EPS for the current year.
Zoetis Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, July 20th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, July 20th. Zoetis’s payout ratio is currently 35.16%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the company. Wall Street Zen downgraded Zoetis from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. JPMorgan Chase & Co. decreased their price target on Zoetis from $190.00 to $130.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Argus restated a “hold” rating on shares of Zoetis in a report on Wednesday, May 27th. Barclays dropped their price objective on shares of Zoetis from $136.00 to $85.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 1st. Finally, Weiss Ratings lowered shares of Zoetis from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, June 12th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $120.83.
About Zoetis
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.
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