Fiera Capital Corp Has $38.12 Million Stock Position in AbbVie Inc. $ABBV

Fiera Capital Corp grew its holdings in shares of AbbVie Inc. (NYSE:ABBVFree Report) by 51.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 164,617 shares of the company’s stock after purchasing an additional 55,807 shares during the period. Fiera Capital Corp’s holdings in AbbVie were worth $38,115,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Evolution Wealth Management Inc. acquired a new position in AbbVie during the 2nd quarter worth about $26,000. Spurstone Advisory Services LLC acquired a new position in shares of AbbVie in the second quarter worth approximately $28,000. Redmont Wealth Advisors LLC bought a new stake in AbbVie in the third quarter valued at approximately $41,000. Financial Gravity Companies Inc. acquired a new stake in AbbVie during the 2nd quarter valued at approximately $36,000. Finally, Delos Wealth Advisors LLC bought a new position in AbbVie during the 2nd quarter worth approximately $39,000. Institutional investors own 70.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of AbbVie from $269.00 to $270.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of AbbVie in a report on Wednesday, January 21st. BMO Capital Markets reissued an “outperform” rating and issued a $258.00 price objective on shares of AbbVie in a research note on Thursday, January 15th. Piper Sandler raised their target price on AbbVie from $289.00 to $299.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $223.00 price target on shares of AbbVie in a research note on Wednesday, January 28th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $252.79.

Get Our Latest Stock Report on AbbVie

AbbVie Stock Performance

ABBV stock opened at $224.94 on Friday. The stock’s 50 day simple moving average is $224.04 and its 200 day simple moving average is $221.89. The company has a market cap of $397.56 billion, a P/E ratio of 95.31, a price-to-earnings-growth ratio of 0.78 and a beta of 0.35. AbbVie Inc. has a fifty-two week low of $164.39 and a fifty-two week high of $244.81.

AbbVie (NYSE:ABBVGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $2.71 EPS for the quarter, beating the consensus estimate of $2.65 by $0.06. AbbVie had a negative return on equity of 4,184.47% and a net margin of 6.91%.The firm had revenue of $16.62 billion during the quarter, compared to the consensus estimate of $16.39 billion. During the same quarter in the previous year, the company posted $2.16 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. AbbVie has set its FY 2026 guidance at 14.370-14.570 EPS and its Q1 2026 guidance at 2.970-3.010 EPS. Equities analysts predict that AbbVie Inc. will post 12.31 earnings per share for the current year.

AbbVie Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Wednesday, April 15th will be paid a $1.73 dividend. This represents a $6.92 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, April 15th. AbbVie’s dividend payout ratio (DPR) is 293.22%.

Key Headlines Impacting AbbVie

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AbbVie Company Profile

(Free Report)

AbbVie is a global, research-driven biopharmaceutical company that was created as a spin-off from Abbott Laboratories in 2013 and is headquartered in North Chicago, Illinois. The company focuses on discovering, developing and commercializing therapies for complex and often chronic medical conditions. Its operations span research and development, manufacturing, regulatory affairs and commercialization, with an emphasis on bringing specialty medicines to market across multiple therapeutic areas.

AbbVie’s product portfolio and pipeline cover several major therapeutic categories, including immunology, oncology, neuroscience, virology and women’s health.

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Institutional Ownership by Quarter for AbbVie (NYSE:ABBV)

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