Swiss Life Asset Management Ltd Boosts Position in Pfizer Inc. $PFE

Swiss Life Asset Management Ltd grew its stake in shares of Pfizer Inc. (NYSE:PFEFree Report) by 20.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,841,181 shares of the biopharmaceutical company’s stock after acquiring an additional 1,138,482 shares during the quarter. Pfizer accounts for 0.9% of Swiss Life Asset Management Ltd’s portfolio, making the stock its 15th largest position. Swiss Life Asset Management Ltd’s holdings in Pfizer were worth $170,345,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Horizon Financial Services LLC increased its position in Pfizer by 174.8% during the fourth quarter. Horizon Financial Services LLC now owns 1,014 shares of the biopharmaceutical company’s stock worth $25,000 after buying an additional 645 shares in the last quarter. YANKCOM Partnership purchased a new stake in shares of Pfizer in the fourth quarter valued at $28,000. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Pfizer in the third quarter valued at $29,000. Darwin Wealth Management LLC purchased a new stake in shares of Pfizer in the second quarter valued at $32,000. Finally, Torren Management LLC purchased a new stake in shares of Pfizer in the fourth quarter valued at $34,000. Hedge funds and other institutional investors own 68.36% of the company’s stock.

Key Pfizer News

Here are the key news stories impacting Pfizer this week:

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Guggenheim lifted their price objective on Pfizer from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Tuesday, March 24th. CICC Research initiated coverage on Pfizer in a research report on Thursday, April 16th. They set an “outperform” rating and a $33.00 price target for the company. Zacks Research raised Pfizer from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Argus raised Pfizer from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research report on Monday, March 2nd. Finally, Weiss Ratings raised Pfizer from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $28.74.

View Our Latest Stock Report on Pfizer

Pfizer Price Performance

PFE stock opened at $25.65 on Monday. The stock has a 50-day moving average price of $27.14 and a two-hundred day moving average price of $26.16. Pfizer Inc. has a 12-month low of $21.97 and a 12-month high of $28.75. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 0.67. The company has a market cap of $146.17 billion, a PE ratio of 19.58 and a beta of 0.35.

Pfizer (NYSE:PFEGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The biopharmaceutical company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.03. Pfizer had a return on equity of 19.44% and a net margin of 11.83%.The firm had revenue of $14.45 billion during the quarter, compared to the consensus estimate of $13.84 billion. During the same quarter in the previous year, the business earned $0.92 earnings per share. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. Pfizer has set its FY 2026 guidance at 2.800-3.000 EPS. As a group, research analysts predict that Pfizer Inc. will post 2.98 EPS for the current year.

Pfizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 8th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Friday, May 8th. Pfizer’s payout ratio is currently 131.30%.

Pfizer Company Profile

(Free Report)

Pfizer Inc (NYSE: PFE) is a multinational biopharmaceutical company headquartered in New York City. Founded in 1849 by Charles Pfizer and Charles Erhart, the company researches, develops, manufactures and commercializes a broad range of medicines and vaccines for human health. Its activities span discovery research, clinical development, regulatory affairs, manufacturing and global commercial distribution across multiple therapeutic areas.

Pfizer’s portfolio and pipeline cover oncology, immunology, cardiology, endocrinology, rare diseases, hospital acute care and anti-infectives, along with a substantial vaccine business.

Further Reading

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Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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