Danica Pension Livsforsikringsaktieselskab Acquires New Position in Boston Scientific Corporation $BSX

Danica Pension Livsforsikringsaktieselskab bought a new position in Boston Scientific Corporation (NYSE:BSXFree Report) in the third quarter, according to its most recent filing with the SEC. The firm bought 1,778,892 shares of the medical equipment provider’s stock, valued at approximately $173,673,000. Boston Scientific makes up 2.7% of Danica Pension Livsforsikringsaktieselskab’s investment portfolio, making the stock its 11th largest position. Danica Pension Livsforsikringsaktieselskab owned 0.12% of Boston Scientific as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in shares of Boston Scientific by 0.8% during the third quarter. Vanguard Group Inc. now owns 138,249,447 shares of the medical equipment provider’s stock worth $13,497,294,000 after buying an additional 1,115,337 shares during the period. State Street Corp increased its position in shares of Boston Scientific by 1.1% in the 2nd quarter. State Street Corp now owns 65,191,864 shares of the medical equipment provider’s stock valued at $7,002,258,000 after acquiring an additional 713,379 shares during the period. Norges Bank purchased a new position in Boston Scientific in the 2nd quarter worth $2,089,937,000. Invesco Ltd. lifted its position in Boston Scientific by 0.7% during the 3rd quarter. Invesco Ltd. now owns 16,963,344 shares of the medical equipment provider’s stock worth $1,656,131,000 after acquiring an additional 111,826 shares during the period. Finally, Northern Trust Corp grew its stake in Boston Scientific by 0.9% during the 3rd quarter. Northern Trust Corp now owns 14,402,636 shares of the medical equipment provider’s stock valued at $1,406,129,000 after purchasing an additional 128,188 shares during the last quarter. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Boston Scientific News Summary

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on BSX. Mizuho cut their price objective on Boston Scientific from $140.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, February 5th. Jefferies Financial Group reiterated a “buy” rating on shares of Boston Scientific in a research report on Monday. BTIG Research reiterated a “buy” rating on shares of Boston Scientific in a report on Wednesday, February 4th. Wall Street Zen raised shares of Boston Scientific from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Wells Fargo & Company dropped their price objective on shares of Boston Scientific from $125.00 to $94.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $107.32.

Read Our Latest Stock Analysis on BSX

Insider Buying and Selling at Boston Scientific

In related news, CEO Michael F. Mahoney sold 160,901 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $93.49, for a total value of $15,042,634.49. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.50% of the stock is currently owned by company insiders.

Boston Scientific Stock Up 2.0%

Shares of BSX opened at $71.19 on Wednesday. The company has a market capitalization of $105.64 billion, a price-to-earnings ratio of 36.70, a PEG ratio of 0.98 and a beta of 0.69. Boston Scientific Corporation has a 52 week low of $67.56 and a 52 week high of $109.50. The stock’s 50-day moving average price is $81.42 and its 200-day moving average price is $92.71. The company has a quick ratio of 1.08, a current ratio of 1.62 and a debt-to-equity ratio of 0.46.

Boston Scientific (NYSE:BSXGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The medical equipment provider reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.02. Boston Scientific had a return on equity of 19.63% and a net margin of 14.44%.The company had revenue of $5.29 billion during the quarter, compared to analysts’ expectations of $5.29 billion. During the same period last year, the business earned $0.70 earnings per share. Boston Scientific’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. On average, sell-side analysts predict that Boston Scientific Corporation will post 2.85 EPS for the current year.

Boston Scientific Company 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.

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

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