Boston Scientific Corporation $BSX Stock Position Trimmed by HWG Holdings LP

HWG Holdings LP trimmed its position in shares of Boston Scientific Corporation (NYSE:BSXFree Report) by 40.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,934 shares of the medical equipment provider’s stock after selling 23,641 shares during the period. Boston Scientific accounts for approximately 0.8% of HWG Holdings LP’s holdings, making the stock its 20th biggest position. HWG Holdings LP’s holdings in Boston Scientific were worth $3,331,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Boston Scientific in the second quarter valued at approximately $2,089,937,000. Edgewood Management LLC acquired a new position in shares of Boston Scientific during the second quarter worth approximately $746,655,000. Parnassus Investments LLC grew its holdings in Boston Scientific by 42,978.9% in the 3rd quarter. Parnassus Investments LLC now owns 6,884,440 shares of the medical equipment provider’s stock worth $672,128,000 after buying an additional 6,868,459 shares in the last quarter. Egerton Capital UK LLP grew its holdings in Boston Scientific by 223.7% in the 3rd quarter. Egerton Capital UK LLP now owns 5,312,504 shares of the medical equipment provider’s stock worth $518,660,000 after buying an additional 3,671,548 shares in the last quarter. Finally, Jennison Associates LLC increased its position in Boston Scientific by 133.5% in the 3rd quarter. Jennison Associates LLC now owns 4,938,746 shares of the medical equipment provider’s stock valued at $482,170,000 after acquiring an additional 2,823,744 shares during the period. Institutional investors own 89.07% of the company’s stock.

Boston Scientific Stock Performance

Shares of NYSE BSX opened at $69.70 on Thursday. Boston Scientific Corporation has a 1 year low of $67.56 and a 1 year high of $109.50. The firm has a market cap of $103.59 billion, a P/E ratio of 35.93, a PEG ratio of 1.05 and a beta of 0.69. The stock has a fifty day moving average price of $78.22 and a two-hundred day moving average price of $91.25. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.08 and a current ratio of 1.62.

Boston Scientific (NYSE:BSXGet Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The medical equipment provider reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.02. The company had revenue of $5.29 billion for the quarter, compared to the consensus estimate of $5.29 billion. Boston Scientific had a return on equity of 19.63% and a net margin of 14.44%.The company’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.70 EPS. Boston Scientific has set its Q1 2026 guidance at 0.780-0.800 EPS and its FY 2026 guidance at 3.430-3.490 EPS. Research analysts forecast that Boston Scientific Corporation will post 2.85 EPS for the current fiscal year.

Trending Headlines about Boston Scientific

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Insider Buying and Selling

In other Boston Scientific news, CEO Michael F. Mahoney sold 160,901 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $93.49, for a total value of $15,042,634.49. Following the sale, the chief executive officer directly owned 1,411,735 shares in the company, valued at approximately $131,983,105.15. The trade was a 10.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Royal Bank Of Canada reduced their price target on Boston Scientific from $130.00 to $115.00 and set an “outperform” rating for the company in a research report on Thursday, February 5th. Needham & Company LLC reissued a “buy” rating and set a $97.00 price target on shares of Boston Scientific in a report on Friday, March 20th. Truist Financial cut their price objective on shares of Boston Scientific from $95.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, March 18th. Evercore reduced their price objective on shares of Boston Scientific from $112.00 to $96.00 and set an “outperform” rating for the company in a report on Thursday, February 5th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Boston Scientific in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Boston Scientific currently has an average rating of “Buy” and an average price target of $106.27.

Check Out Our Latest Report on Boston Scientific

Boston Scientific Company Profile

(Free Report)

Boston Scientific Corporation (NYSE: BSX) is a global medical device company that develops, manufactures and markets a broad portfolio of products used in less-invasive medical procedures. Founded in 1979 by John Abele and Peter Nicholas, the company is headquartered in Marlborough, Massachusetts, and focuses on technologies that enable physicians to treat a wide range of cardiovascular, digestive, urologic, pulmonary and chronic pain conditions without open surgery.

Boston Scientific’s activities span product development, clinical research, regulatory affairs and commercial sales.

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Institutional Ownership by Quarter for Boston Scientific (NYSE:BSX)

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