Bamco Inc. NY Trims Stock Holdings in Boston Scientific Corporation $BSX

Bamco Inc. NY decreased its holdings in shares of Boston Scientific Corporation (NYSE:BSXFree Report) by 12.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 70,000 shares of the medical equipment provider’s stock after selling 10,000 shares during the quarter. Bamco Inc. NY’s holdings in Boston Scientific were worth $6,834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Steph & Co. purchased a new position in shares of Boston Scientific in the third quarter valued at $25,000. Financial Consulate Inc. purchased a new stake in Boston Scientific during the 3rd quarter worth about $25,000. Murphy & Mullick Capital Management Corp boosted its stake in Boston Scientific by 200.0% in the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 255 shares of the medical equipment provider’s stock worth $25,000 after purchasing an additional 170 shares during the period. FWL Investment Management LLC bought a new position in Boston Scientific in the 2nd quarter worth about $26,000. Finally, United Community Bank grew its holdings in Boston Scientific by 115.7% during the 3rd quarter. United Community Bank now owns 274 shares of the medical equipment provider’s stock valued at $27,000 after buying an additional 147 shares in the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Boston Scientific Price Performance

Shares of Boston Scientific stock opened at $69.77 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.08 and a current ratio of 1.62. Boston Scientific Corporation has a 52-week low of $67.56 and a 52-week high of $109.50. The company has a fifty day moving average of $81.95 and a 200-day moving average of $92.95. The stock has a market capitalization of $103.53 billion, a price-to-earnings ratio of 35.96, a price-to-earnings-growth ratio of 0.97 and a beta of 0.69.

Boston Scientific (NYSE:BSXGet Free Report) last issued its earnings results on Wednesday, February 4th. The medical equipment provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.02. The company had revenue of $5.29 billion for the quarter, compared to analysts’ expectations of $5.29 billion. Boston Scientific had a net margin of 14.44% and a return on equity of 19.63%. The firm’s revenue was up 15.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.70 EPS. 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. Equities research analysts expect that Boston Scientific Corporation will post 2.85 EPS for the current year.

Insider Activity

In other news, CEO Michael F. Mahoney sold 160,901 shares of Boston Scientific stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $93.49, for a total value of $15,042,634.49. Following the transaction, the chief executive officer owned 1,411,735 shares in the company, valued at approximately $131,983,105.15. The trade was a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.50% of the company’s stock.

Key Stories Impacting Boston Scientific

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Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BSX shares. Argus upgraded Boston Scientific to a “strong-buy” rating in a research report on Thursday, February 26th. JPMorgan Chase & Co. cut their price objective on shares of Boston Scientific from $135.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Needham & Company LLC reduced their price objective on shares of Boston Scientific from $121.00 to $97.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Boston Scientific in a report on Monday. Finally, Evercore lowered their target price on shares of Boston Scientific from $112.00 to $96.00 and set an “outperform” rating on the stock in a research note on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $108.00.

View Our Latest Stock Report on BSX

Boston Scientific Profile

(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.

Featured Stories

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

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