Fieldview Capital Management LLC Invests $5.34 Million in Boston Scientific Corporation $BSX

Fieldview Capital Management LLC purchased a new stake in shares of Boston Scientific Corporation (NYSE:BSXFree Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 54,715 shares of the medical equipment provider’s stock, valued at approximately $5,342,000. Boston Scientific comprises approximately 0.9% of Fieldview Capital Management LLC’s holdings, making the stock its 11th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. FWL Investment Management LLC bought a new stake in Boston Scientific in the second quarter worth approximately $26,000. Steph & Co. bought a new position in shares of Boston Scientific during the 3rd quarter valued at $25,000. Murphy & Mullick Capital Management Corp raised its holdings in shares of Boston Scientific by 200.0% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 255 shares of the medical equipment provider’s stock valued at $25,000 after purchasing an additional 170 shares in the last quarter. Financial Consulate Inc. acquired a new stake in shares of Boston Scientific in the 3rd quarter valued at $25,000. Finally, United Community Bank lifted its stake in shares of Boston Scientific by 115.7% in the 3rd quarter. United Community Bank now owns 274 shares of the medical equipment provider’s stock valued at $27,000 after purchasing an additional 147 shares during the last quarter. Institutional investors and hedge funds own 89.07% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Michael F. Mahoney sold 160,901 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $93.49, for a total transaction of $15,042,634.49. Following the transaction, the chief executive officer directly owned 1,411,735 shares in the company, valued at $131,983,105.15. The trade was a 10.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Morgan Stanley reduced their price target on Boston Scientific from $130.00 to $118.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Citigroup decreased their target price on Boston Scientific from $130.00 to $102.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Oppenheimer reduced their price objective on shares of Boston Scientific from $125.00 to $100.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Royal Bank Of Canada dropped their target price on shares of Boston Scientific from $130.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Finally, TD Cowen lowered their price target on Boston Scientific from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Boston Scientific currently has an average rating of “Moderate Buy” and a consensus target price of $108.36.

Check Out Our Latest Analysis on Boston Scientific

Key Boston Scientific News

Here are the key news stories impacting Boston Scientific this week:

Boston Scientific Price Performance

NYSE:BSX opened at $71.24 on Monday. The stock has a market cap of $105.71 billion, a P/E ratio of 36.72, a PEG ratio of 1.00 and a beta of 0.69. Boston Scientific Corporation has a one year low of $70.75 and a one year high of $109.50. The company has a fifty day moving average price of $85.03 and a 200 day moving average price of $94.47. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.62 and a quick ratio of 1.08.

Boston Scientific (NYSE:BSXGet Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The medical equipment provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.02. Boston Scientific had a net margin of 14.44% and a return on equity of 19.63%. The company had revenue of $5.29 billion for the quarter, compared to analyst estimates of $5.29 billion. During the same period last year, the business posted $0.70 EPS. The business’s quarterly revenue was up 15.9% on a year-over-year basis. Boston Scientific has set its Q1 2026 guidance at 0.780-0.800 EPS and its FY 2026 guidance at 3.430-3.490 EPS. Analysts anticipate that Boston Scientific Corporation will post 2.85 earnings per share for the current year.

About Boston Scientific

(Free Report)

Boston Scientific Corporation (NYSE: BSX) is a global medical device company that develops, manufactures and markets a broad portfolio of products used in less-invasive medical procedures. Founded in 1979 by John Abele and Peter Nicholas, the company is headquartered in Marlborough, Massachusetts, and focuses on technologies that enable physicians to treat a wide range of cardiovascular, digestive, urologic, pulmonary and chronic pain conditions without open surgery.

Boston Scientific’s activities span product development, clinical research, regulatory affairs and commercial sales.

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Institutional Ownership by Quarter for Boston Scientific (NYSE:BSX)

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