The Manufacturers Life Insurance Company grew its stake in Astrazeneca Plc (NYSE:AZN – Free Report) by 3,404.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,844,540 shares of the company’s stock after acquiring an additional 3,734,850 shares during the quarter. Astrazeneca comprises approximately 0.6% of The Manufacturers Life Insurance Company’s portfolio, making the stock its 26th biggest holding. The Manufacturers Life Insurance Company owned approximately 0.25% of Astrazeneca worth $745,156,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also made changes to their positions in the stock. Mascoma Wealth Management LLC purchased a new position in Astrazeneca in the 1st quarter valued at about $26,000. MV Capital Management Inc. purchased a new stake in shares of Astrazeneca during the fourth quarter worth about $26,000. Reflection Asset Management acquired a new position in shares of Astrazeneca in the fourth quarter valued at approximately $31,000. Raleigh Capital Management Inc. acquired a new position in shares of Astrazeneca in the first quarter valued at approximately $38,000. Finally, Avion Wealth lifted its stake in shares of Astrazeneca by 166.2% during the first quarter. Avion Wealth now owns 197 shares of the company’s stock valued at $38,000 after buying an additional 123 shares during the period. Institutional investors and hedge funds own 20.35% of the company’s stock.
Key Astrazeneca News
Here are the key news stories impacting Astrazeneca this week:
- Positive Sentiment: Profit beat and outlook maintained: Second-quarter earnings were $2.63 per share, well above the $2.10 analyst consensus. AstraZeneca also backed its 2026 forecasts, helping ease concerns about longer-term growth. AstraZeneca beats second-quarter profit expectations, holds outlook
- Positive Sentiment: Oncology and rare-disease demand remained strong: Growth from cancer, heart-disease and rare-disease therapies helped offset weaker sales in other products and increasing generic competition. First-half revenue rose 9% to $30.7 billion, or 6% at constant exchange rates. AZN Q2 Earnings and Sales Beat, Key Drugs Offset Generic Pressure
- Neutral Sentiment: Revenue slightly missed expectations: Quarterly revenue increased 6.4% year over year to $15.38 billion, narrowly below the $15.44 billion analyst estimate. Management is also navigating weaker conditions in China and the loss of exclusivity for certain products. AstraZeneca Q2 2026 Earnings Call Highlights
- Negative Sentiment: Pipeline setback: Ultomiris failed to meet the main goal in a late-stage trial involving a blood-vessel complication after stem-cell transplantation. The result adds to recent concerns about AstraZeneca’s development pipeline, although the company’s established portfolio supported the quarter. AstraZeneca’s rare disease drug misses main goal in late-stage trial
- Negative Sentiment: U.S. pricing pressure remains a risk: AstraZeneca is adjusting pricing strategies for new medicines in response to the Trump administration’s most-favoured-nation policy, which could constrain future pricing and margins in the U.S. AstraZeneca drug prices evolving in response to Trump policy
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on AZN
Astrazeneca Stock Up 0.4%
Shares of AZN opened at $170.02 on Tuesday. The firm has a market cap of $263.68 billion, a PE ratio of 25.53, a price-to-earnings-growth ratio of 1.38 and a beta of 0.24. The company’s fifty day moving average is $180.27 and its two-hundred day moving average is $187.99. Astrazeneca Plc has a fifty-two week low of $142.98 and a fifty-two week high of $212.71. The company has a quick ratio of 0.71, a current ratio of 0.91 and a debt-to-equity ratio of 0.52.
Astrazeneca (NYSE:AZN – Get Free Report) last released its quarterly earnings data on Monday, July 27th. The company reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.13. The business had revenue of $15.38 billion during the quarter, compared to the consensus estimate of $15.44 billion. Astrazeneca had a return on equity of 30.86% and a net margin of 17.19%.The business’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.17 EPS. Analysts forecast that Astrazeneca Plc will post 10.22 earnings per share for the current year.
Astrazeneca Profile
AstraZeneca plc is a global biopharmaceutical company headquartered in Cambridge, England. Formed through the 1999 merger of Sweden’s Astra AB and the UK’s Zeneca Group, the company researches, develops, manufactures and commercializes prescription medicines across a range of therapeutic areas. AstraZeneca positions itself as R&D-driven, investing in discovery science, clinical development and regulatory processes to bring new therapies to market.
The company’s commercial portfolio and late-stage pipeline emphasize oncology, cardiovascular, renal and metabolic (CVRM) diseases, and respiratory and immunology.
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