AE Wealth Management LLC Boosts Holdings in Pfizer Inc. $PFE

AE Wealth Management LLC boosted its position in shares of Pfizer Inc. (NYSE:PFEFree Report) by 5.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 1,238,460 shares of the biopharmaceutical company’s stock after purchasing an additional 65,682 shares during the quarter. AE Wealth Management LLC’s holdings in Pfizer were worth $31,556,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PFE. Curio Wealth LLC increased its position in shares of Pfizer by 36,600.0% during the second quarter. Curio Wealth LLC now owns 1,101 shares of the biopharmaceutical company’s stock valued at $27,000 after acquiring an additional 1,098 shares in the last quarter. Harbor Asset Planning Inc. bought a new position in Pfizer in the 2nd quarter valued at approximately $29,000. Grey Fox Wealth Advisors LLC purchased a new stake in Pfizer during the 3rd quarter valued at $29,000. Howard Hughes Medical Institute purchased a new position in shares of Pfizer in the second quarter worth $30,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Pfizer during the second quarter valued at $32,000. 68.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on PFE. Guggenheim reiterated a “buy” rating on shares of Pfizer in a report on Wednesday, December 17th. Zacks Research downgraded shares of Pfizer from a “hold” rating to a “strong sell” rating in a report on Monday. Sanford C. Bernstein reissued a “market perform” rating and set a $30.00 price objective on shares of Pfizer in a report on Friday, October 31st. BMO Capital Markets restated an “outperform” rating on shares of Pfizer in a report on Wednesday, December 10th. Finally, Wolfe Research set a $24.00 target price on shares of Pfizer and gave the stock an “underperform” rating in a research report on Wednesday, December 17th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Pfizer has a consensus rating of “Hold” and an average price target of $28.06.

View Our Latest Research Report on PFE

Pfizer Trading Down 2.3%

NYSE:PFE opened at $25.89 on Thursday. Pfizer Inc. has a one year low of $20.92 and a one year high of $27.69. The business has a fifty day moving average price of $25.45 and a 200-day moving average price of $25.01. The firm has a market capitalization of $147.17 billion, a price-to-earnings ratio of 15.05 and a beta of 0.47. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.28 and a quick ratio of 0.97.

Pfizer (NYSE:PFEGet Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The biopharmaceutical company reported $0.87 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 analysts’ expectations of $16.94 billion. Pfizer had a return on equity of 20.17% and a net margin of 15.65%.Pfizer has set its FY 2025 guidance at 3.000-3.150 EPS. Sell-side analysts forecast that Pfizer Inc. will post 2.95 EPS for the current year.

Pfizer Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.6%. Pfizer’s dividend payout ratio is 100.00%.

Key Pfizer News

Here are the key news stories impacting Pfizer this week:

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.

See Also

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Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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