Envestnet Asset Management Inc. Sells 51,035 Shares of Koninklijke Philips N.V. $PHG

Envestnet Asset Management Inc. decreased its holdings in Koninklijke Philips N.V. (NYSE:PHGFree Report) by 3.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,299,980 shares of the technology company’s stock after selling 51,035 shares during the period. Envestnet Asset Management Inc. owned 0.14% of Koninklijke Philips worth $35,437,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Rhumbline Advisers grew its stake in Koninklijke Philips by 1.3% in the 2nd quarter. Rhumbline Advisers now owns 29,306 shares of the technology company’s stock valued at $703,000 after buying an additional 388 shares in the last quarter. Kitching Partners LLC boosted its holdings in shares of Koninklijke Philips by 4.2% in the second quarter. Kitching Partners LLC now owns 11,259 shares of the technology company’s stock worth $270,000 after acquiring an additional 457 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of Koninklijke Philips by 4.4% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 11,357 shares of the technology company’s stock valued at $310,000 after purchasing an additional 478 shares in the last quarter. Cetera Trust Company N.A raised its stake in shares of Koninklijke Philips by 4.9% during the 2nd quarter. Cetera Trust Company N.A now owns 12,173 shares of the technology company’s stock valued at $292,000 after purchasing an additional 564 shares during the period. Finally, Whipplewood Advisors LLC lifted its holdings in Koninklijke Philips by 39.1% during the 2nd quarter. Whipplewood Advisors LLC now owns 2,108 shares of the technology company’s stock worth $51,000 after purchasing an additional 592 shares in the last quarter. 13.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on PHG. Zacks Research lowered Koninklijke Philips from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 14th. Royal Bank Of Canada began coverage on shares of Koninklijke Philips in a research note on Wednesday, December 17th. They set a “sector perform” rating for the company. Wall Street Zen raised shares of Koninklijke Philips from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Weiss Ratings raised shares of Koninklijke Philips from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Finally, Sanford C. Bernstein upgraded shares of Koninklijke Philips to a “hold” rating in a research report on Wednesday, December 17th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Koninklijke Philips currently has an average rating of “Hold”.

Read Our Latest Report on PHG

More Koninklijke Philips News

Here are the key news stories impacting Koninklijke Philips this week:

  • Positive Sentiment: Q4 beat and upgraded 2026 outlook — Philips reported better‑than‑expected Q4 results and provided 2026 sales and margin guidance that investors liked, helping push the shares to a 52‑week high earlier. MSN: Philips soars to 52-week high
  • Positive Sentiment: Dividend increase — Philips proposed an increased 2025/2026 dividend (announced Feb 10) and set payment/ex‑dividend dates, signalling stronger cash returns and confidence in cash flow generation. (Investor notice released by company)
  • Positive Sentiment: Large EU R&D grant (SEISMIC) — Philips is coordinating a EUR 23.5M IHI grant for minimally invasive brain-treatment research, extending its imaging & systems leadership and supporting long‑term product pipeline value. GlobeNewswire: SEISMIC consortium grant
  • Neutral Sentiment: Capital Markets Day targets & operational progress — Management outlined 2026–2028 medium‑term targets (mid‑single‑digit growth, margin expansion to mid‑teens by 2028) and reported strong productivity/cash flow improvements, providing a constructive strategic framework. GlobeNewswire: Capital Markets Day
  • Neutral Sentiment: Management continuity — Philips proposed re‑appointing CEO Roy Jakobs, signalling board confidence and continuity through execution of the new plan. GlobeNewswire: CEO re-appointment
  • Negative Sentiment: EPS and net income complications — While operating profit and margins improved sharply, reported net income and diluted EPS were down year‑over‑year (suggesting one‑offs, tax or financing effects), which adds uncertainty to near‑term EPS trajectory. QuiverQuant: EPS falls despite op profit surge
  • Negative Sentiment: Analyst caution & mixed market reaction — Some analysts flagged near‑term earnings risks and maintained conservative ratings (e.g., Hold), and certain headlines noted shares dipped even after the beat as investors parsed guidance vs. risks. TipRanks: Hold rating / near-term risks

Koninklijke Philips Stock Performance

Koninklijke Philips stock opened at $32.07 on Thursday. Koninklijke Philips N.V. has a fifty-two week low of $21.48 and a fifty-two week high of $33.44. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.86 and a current ratio of 1.32. The stock has a market cap of $30.88 billion, a P/E ratio of 30.25, a price-to-earnings-growth ratio of 0.93 and a beta of 0.79. The firm’s fifty day moving average price is $28.35 and its 200-day moving average price is $27.94.

Koninklijke Philips (NYSE:PHGGet Free Report) last released its earnings results on Tuesday, February 10th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.20. Koninklijke Philips had a return on equity of 13.75% and a net margin of 5.09%.The business had revenue of $5.98 billion for the quarter, compared to analysts’ expectations of $5.03 billion. On average, equities research analysts expect that Koninklijke Philips N.V. will post 1.63 earnings per share for the current fiscal year.

Koninklijke Philips Increases Dividend

The company also recently announced an annual dividend, which will be paid on Wednesday, June 3rd. Investors of record on Wednesday, May 13th will be given a $1.013 dividend. This represents a yield of 318.0%. The ex-dividend date is Wednesday, May 13th. This is a positive change from Koninklijke Philips’s previous annual dividend of $0.89. Koninklijke Philips’s dividend payout ratio is presently 410.00%.

Koninklijke Philips Company Profile

(Free Report)

Koninklijke Philips N.V. (NYSE: PHG), commonly known as Philips, is a Dutch multinational company focused on health technology. Founded in Eindhoven in 1891, the company evolved from a diversified electronics manufacturer into a specialist in healthcare products, systems and services. Philips is legally registered in the Netherlands and operates globally, supplying equipment and solutions to hospitals, clinics, healthcare providers and consumers across Europe, the Americas and Asia.

Philips’ principal activities center on medical technologies and personal health.

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Institutional Ownership by Quarter for Koninklijke Philips (NYSE:PHG)

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