Pfizer Inc. $PFE Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in shares of Pfizer Inc. (NYSE:PFEFree Report) by 3.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,583,854 shares of the biopharmaceutical company’s stock after selling 100,846 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Pfizer were worth $65,837,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of 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 buying an additional 618,117 shares during the period. Revolve Wealth Partners LLC lifted its holdings in 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 acquiring an additional 2,087 shares during the last quarter. McAdam LLC boosted its position in shares of Pfizer by 5.4% during the 2nd quarter. McAdam LLC now owns 13,674 shares of the biopharmaceutical company’s stock valued at $331,000 after purchasing an additional 706 shares in the last quarter. Perigon Wealth Management LLC grew its stake in shares of Pfizer by 3.6% in the 2nd quarter. Perigon Wealth Management LLC now owns 122,643 shares of the biopharmaceutical company’s stock worth $2,973,000 after purchasing an additional 4,282 shares during the last quarter. Finally, ST Germain D J Co. Inc. raised its holdings in shares of 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 worth $688,000 after purchasing an additional 4,694 shares in the last quarter. 68.36% of the stock is owned by institutional investors and hedge funds.

Pfizer Stock Down 1.7%

Shares of Pfizer stock opened at $25.65 on Friday. Pfizer Inc. has a 1 year low of $20.92 and a 1 year high of $27.69. The company has a market cap of $145.82 billion, a P/E ratio of 14.91 and a beta of 0.47. The company has a current ratio of 1.28, a quick ratio of 0.97 and a debt-to-equity ratio of 0.62. The stock has a 50-day moving average price of $25.40 and a 200 day moving average price of $25.01.

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

Pfizer Announces Dividend

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

Key Headlines Impacting Pfizer

Here are the key news stories impacting Pfizer this week:

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Citigroup started coverage on shares of Pfizer in a research report on Tuesday, December 2nd. They issued a “neutral” rating and a $26.00 price target on the stock. Morgan Stanley decreased their target price on Pfizer from $32.00 to $28.00 and set an “equal weight” rating on the stock in a report on Friday, December 12th. UBS Group initiated coverage on Pfizer in a research report on Tuesday, January 6th. They issued a “neutral” rating and a $25.00 price target for the company. Guggenheim restated a “buy” rating on shares of Pfizer in a report on Wednesday, December 17th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Pfizer in a report on Wednesday, December 10th. Two equities 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 issued a Sell rating to the company. According to MarketBeat, Pfizer currently has a consensus rating of “Hold” and a consensus target price of $27.88.

View Our Latest Stock Analysis on Pfizer

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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