Munich Reinsurance Co Stock Corp in Munich bought a new stake in shares of Pfizer Inc. (NYSE:PFE – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,584,714 shares of the biopharmaceutical company’s stock, valued at approximately $40,379,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Peak Asset Management LLC boosted its holdings in Pfizer by 1.4% in the second quarter. Peak Asset Management LLC now owns 28,768 shares of the biopharmaceutical company’s stock valued at $697,000 after acquiring an additional 402 shares in the last quarter. Community Bank & Trust Waco Texas raised its holdings in Pfizer by 0.6% in the 3rd quarter. Community Bank & Trust Waco Texas now owns 66,841 shares of the biopharmaceutical company’s stock worth $1,703,000 after purchasing an additional 412 shares in the last quarter. CVA Family Office LLC lifted its position in shares of Pfizer by 3.3% in the 3rd quarter. CVA Family Office LLC now owns 12,915 shares of the biopharmaceutical company’s stock worth $329,000 after purchasing an additional 413 shares during the period. Boltwood Capital Management boosted its stake in shares of Pfizer by 0.7% during the 3rd quarter. Boltwood Capital Management now owns 58,274 shares of the biopharmaceutical company’s stock valued at $1,485,000 after purchasing an additional 420 shares in the last quarter. Finally, Beverly Hills Private Wealth LLC boosted its stake in shares of Pfizer by 1.5% during the 3rd quarter. Beverly Hills Private Wealth LLC now owns 27,955 shares of the biopharmaceutical company’s stock valued at $712,000 after purchasing an additional 421 shares in the last quarter. Institutional investors own 68.36% of the company’s stock.
Key Pfizer News
Here are the key news stories impacting Pfizer this week:
- Positive Sentiment: China approved Pfizer’s GLP?1 weight?management drug (Xianweiying / ecnoglutide), opening a large new market for its obesity franchise and reinforcing Pfizer’s push into metabolic drugs — this expands addressable market and supports long?term revenue potential. China approves Pfizer GLP-1 drug for weight management
- Positive Sentiment: Analyst upgrade: Argus Research upgraded PFE to Buy and set a $35 target, citing progress in the GLP?1 program and oncology pipeline — this can attract buy interest and boost sentiment among dividend and income investors. Argus Turns Bullish on Pfizer
- Positive Sentiment: Oncology wins: positive Phase 3 EV?304 PADCEV results and FDA full approval for BRAFTOVI combinations were highlighted as re?framing Pfizer’s long?term growth prospects in oncology — supports diversification away from COVID revenues. Pfizer Obesity Nod In China And Cancer Wins
- Positive Sentiment: Pipeline expansion in China: Pfizer launched a Phase 1 heart?failure candidate study in China, signaling continued local R&D investment that could yield future launches in a large market. Pfizer Adds New Early-Stage Heart Failure Candidate
- Neutral Sentiment: Investor attention & valuation debate: multiple articles note heightened retail/institutional interest and divergent valuation views (trending stock coverage, DCF vs. long?term return debates) — increases volatility/volume but not a direct fundamental change. Pfizer Is a Trending Stock
- Neutral Sentiment: Competition & generics risk for GLP?1s: coverage notes Pfizer will face crowded competition (and price pressure risk) even as it gains approvals — a mixed commercial outlook. Weight-Loss Drug Approved in China — Up Against Generic Rivals
- Negative Sentiment: Structural headwinds remain: analysts reiterate risks from declining COVID revenues, upcoming patent expirations and U.S. drug?pricing pressures (IRA) that could limit near?term growth despite new launches. Can Pfizer Reignite Growth?
- Negative Sentiment: Policy/legal noise: a recent court ruling awarded Pfizer $29M in an SEC settlement dispute (one?time benefit), but legal and policy developments remain sources of uncertainty for investors. Judge approves Pfizer, SEC settlement
Pfizer Stock Up 1.7%
Pfizer (NYSE:PFE – Get Free Report) last released its earnings results on Tuesday, February 3rd. The biopharmaceutical company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.57 by $0.09. Pfizer had a return on equity of 20.48% and a net margin of 12.42%.The business had revenue of $17.56 billion for the quarter, compared to the consensus estimate of $16.93 billion. During the same period in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. On average, research analysts forecast that Pfizer Inc. will post 2.95 EPS for the current fiscal year.
Pfizer Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Friday, January 23rd were issued a $0.43 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.4%. Pfizer’s dividend payout ratio (DPR) is presently 126.47%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on the stock. TD Cowen reissued a “hold” rating on shares of Pfizer in a research note on Tuesday, December 30th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $27.00 price objective on shares of Pfizer in a research report on Wednesday, February 4th. Guggenheim reissued a “buy” rating on shares of Pfizer in a research report on Wednesday, December 17th. Zacks Research upgraded Pfizer from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 24th. Finally, Royal Bank Of Canada began coverage on Pfizer in a research report on Tuesday, February 24th. They set an “underperform” rating and a $25.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Pfizer currently has a consensus rating of “Hold” and an average price target of $28.05.
Get Our Latest Report on Pfizer
Pfizer Profile
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.
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