Abbott Laboratories $ABT Position Lifted by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich raised its stake in shares of Abbott Laboratories (NYSE:ABTFree Report) by 77.8% during the fourth quarter, HoldingsChannel reports. The fund owned 2,546,139 shares of the healthcare product maker’s stock after acquiring an additional 1,113,769 shares during the quarter. Abbott Laboratories comprises approximately 0.9% of Bank Julius Baer & Co. Ltd Zurich’s holdings, making the stock its 29th largest position. Bank Julius Baer & Co. Ltd Zurich’s holdings in Abbott Laboratories were worth $319,097,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Baader Bank Aktiengesellschaft lifted its position in shares of Abbott Laboratories by 121.3% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 10,059 shares of the healthcare product maker’s stock worth $1,259,000 after buying an additional 5,514 shares during the last quarter. Western Wealth Management LLC lifted its position in shares of Abbott Laboratories by 20.3% in the 4th quarter. Western Wealth Management LLC now owns 16,374 shares of the healthcare product maker’s stock worth $2,052,000 after buying an additional 2,761 shares during the last quarter. Allworth Financial LP lifted its position in shares of Abbott Laboratories by 5.2% in the 4th quarter. Allworth Financial LP now owns 280,467 shares of the healthcare product maker’s stock worth $35,140,000 after buying an additional 13,984 shares during the last quarter. Freemont Management S.A. lifted its position in shares of Abbott Laboratories by 197.2% in the 4th quarter. Freemont Management S.A. now owns 10,700 shares of the healthcare product maker’s stock worth $1,341,000 after buying an additional 7,100 shares during the last quarter. Finally, Rayburn West Financial Services LLC bought a new position in shares of Abbott Laboratories in the 4th quarter worth about $2,078,000. 75.18% of the stock is currently owned by institutional investors.

Abbott Laboratories Trading Down 0.6%

Shares of ABT stock opened at $83.83 on Thursday. Abbott Laboratories has a 1 year low of $81.97 and a 1 year high of $139.06. The firm has a market capitalization of $146.02 billion, a PE ratio of 23.48, a price-to-earnings-growth ratio of 1.41 and a beta of 0.65. The stock has a fifty day moving average of $100.17 and a two-hundred day moving average of $113.85. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.01 and a current ratio of 1.39.

Abbott Laboratories (NYSE:ABTGet Free Report) last issued its quarterly earnings results on Thursday, April 16th. The healthcare product maker reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.01. The company had revenue of $11.16 billion for the quarter, compared to analyst estimates of $10.99 billion. Abbott Laboratories had a return on equity of 17.62% and a net margin of 13.90%.The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. Abbott Laboratories has set its FY 2026 guidance at 5.380-5.580 EPS and its Q2 2026 guidance at 1.250-1.310 EPS. As a group, research analysts expect that Abbott Laboratories will post 5.48 EPS for the current year.

Abbott Laboratories Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Wednesday, April 15th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Wednesday, April 15th. Abbott Laboratories’s dividend payout ratio is currently 70.59%.

Key Stories Impacting Abbott Laboratories

Here are the key news stories impacting Abbott Laboratories this week:

Insiders Place Their Bets

In other news, EVP Daniel Gesua Sive Salvadori sold 885 shares of Abbott Laboratories stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $115.58, for a total transaction of $102,288.30. Following the transaction, the executive vice president directly owned 146,377 shares in the company, valued at approximately $16,918,253.66. This trade represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mary K. Moreland sold 613 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $115.58, for a total value of $70,850.54. Following the completion of the sale, the executive vice president owned 104,291 shares of the company’s stock, valued at approximately $12,053,953.78. This trade represents a 0.58% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 3,055 shares of company stock valued at $353,097. 0.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

ABT has been the topic of a number of recent research reports. Benchmark reduced their price target on shares of Abbott Laboratories from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, April 17th. Oppenheimer reduced their price target on shares of Abbott Laboratories from $132.00 to $115.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. BTIG Research restated a “buy” rating and issued a $131.00 price target on shares of Abbott Laboratories in a research report on Monday, April 27th. Freedom Capital upgraded shares of Abbott Laboratories from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 29th. Finally, UBS Group cut their price objective on shares of Abbott Laboratories from $158.00 to $135.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $119.43.

Get Our Latest Stock Report on Abbott Laboratories

About Abbott Laboratories

(Free Report)

Abbott Laboratories is a global healthcare company headquartered in Abbott Park, Illinois, that develops, manufactures and markets a broad portfolio of medical products and services. Founded in 1888, Abbott operates through multiple business areas that focus on diagnostics, medical devices, nutritionals and established pharmaceuticals. The company supplies hospitals, clinics, laboratories, retailers and direct-to-consumer channels with products intended to diagnose, treat and manage a wide range of health conditions.

In diagnostics, Abbott provides laboratory and point-of-care testing platforms and assays used to detect infectious diseases, chronic conditions and biomarkers; its Alinity family of instruments and rapid-test solutions are examples of this capability.

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Institutional Ownership by Quarter for Abbott Laboratories (NYSE:ABT)

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