Ameritas Advisory Services LLC Purchases 3,830 Shares of AbbVie Inc. $ABBV

Ameritas Advisory Services LLC grew its position in AbbVie Inc. (NYSE:ABBVFree Report) by 30.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,271 shares of the company’s stock after purchasing an additional 3,830 shares during the quarter. Ameritas Advisory Services LLC’s holdings in AbbVie were worth $3,767,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new position in shares of AbbVie in the 2nd quarter worth about $26,000. Spurstone Advisory Services LLC acquired a new stake in AbbVie during the second quarter worth approximately $28,000. Financial Gravity Companies Inc. bought a new stake in AbbVie in the second quarter worth approximately $36,000. Delos Wealth Advisors LLC bought a new stake in AbbVie in the second quarter worth approximately $39,000. Finally, Abich Financial Wealth Management LLC acquired a new position in AbbVie in the third quarter valued at approximately $49,000. 70.23% of the stock is currently owned by institutional investors and hedge funds.

AbbVie Stock Up 3.0%

ABBV stock opened at $227.57 on Friday. The firm has a market capitalization of $402.20 billion, a PE ratio of 96.43, a P/E/G ratio of 0.77 and a beta of 0.35. AbbVie Inc. has a twelve month low of $164.39 and a twelve month high of $244.81. The stock’s 50 day moving average is $223.45 and its 200-day moving average is $220.35.

AbbVie (NYSE:ABBVGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.65 by $0.06. AbbVie had a negative return on equity of 4,184.47% and a net margin of 6.91%.The business had revenue of $16.62 billion during the quarter, compared to the consensus estimate of $16.39 billion. During the same quarter in the prior year, the company posted $2.16 earnings per share. AbbVie’s revenue was up 10.0% compared to the same quarter last year. AbbVie has set its FY 2026 guidance at 14.370-14.570 EPS and its Q1 2026 guidance at 2.970-3.010 EPS. On average, equities research analysts anticipate that AbbVie Inc. will post 12.31 earnings per share for the current fiscal year.

Key Headlines Impacting AbbVie

Here are the key news stories impacting AbbVie this week:

Wall Street Analyst Weigh In

ABBV has been the subject of several recent analyst reports. Citigroup reduced their price objective on shares of AbbVie from $235.00 to $230.00 and set a “neutral” rating for the company in a research report on Tuesday, January 27th. Morgan Stanley boosted their target price on shares of AbbVie from $269.00 to $270.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Raymond James Financial set a $256.00 price target on shares of AbbVie in a report on Monday, November 3rd. Guggenheim raised their price target on shares of AbbVie from $227.00 to $242.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Finally, DZ Bank lowered shares of AbbVie from a “buy” rating to a “hold” rating and set a $237.00 price objective on the stock. in a report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, AbbVie has an average rating of “Moderate Buy” and an average target price of $251.00.

Get Our Latest Analysis on ABBV

AbbVie Company Profile

(Free Report)

AbbVie is a global, research-driven biopharmaceutical company that was created as a spin-off from Abbott Laboratories in 2013 and is headquartered in North Chicago, Illinois. The company focuses on discovering, developing and commercializing therapies for complex and often chronic medical conditions. Its operations span research and development, manufacturing, regulatory affairs and commercialization, with an emphasis on bringing specialty medicines to market across multiple therapeutic areas.

AbbVie’s product portfolio and pipeline cover several major therapeutic categories, including immunology, oncology, neuroscience, virology and women’s health.

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Institutional Ownership by Quarter for AbbVie (NYSE:ABBV)

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