Pfizer (NYSE:PFE) Shares Down 3.1% – Time to Sell?

Pfizer Inc. (NYSE:PFEGet Free Report)’s stock price was down 3.1% on Friday . The stock traded as low as $25.60 and last traded at $25.6470. Approximately 37,252,178 shares traded hands during trading, a decline of 13% from the average daily volume of 42,896,605 shares. The stock had previously closed at $26.48.

Key Pfizer News

Here are the key news stories impacting Pfizer this week:

Analysts Set New Price Targets

Several equities analysts have weighed in on PFE shares. Morgan Stanley raised their price objective on Pfizer from $27.00 to $28.00 and gave the company an “equal weight” rating in a research note on Friday, April 10th. Cantor Fitzgerald restated a “neutral” rating and set a $27.00 price objective on shares of Pfizer in a research note on Wednesday, February 4th. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $25.00 target price on shares of Pfizer in a research report on Monday, April 20th. Wall Street Zen raised Pfizer from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Bank of America decreased their target price on Pfizer from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. One research 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 stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $28.74.

View Our Latest Analysis on PFE

Pfizer Trading Down 3.1%

The stock has a market capitalization of $146.17 billion, a PE ratio of 19.58 and a beta of 0.35. The firm has a 50-day moving average price of $27.14 and a 200-day moving average price of $26.16. The company has a current ratio of 1.25, a quick ratio of 0.87 and a debt-to-equity ratio of 0.67.

Pfizer (NYSE:PFEGet Free Report) last announced its earnings results on Tuesday, May 5th. The biopharmaceutical company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $13.84 billion. During the same period last year, the firm posted $0.92 EPS. The business’s 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, equities analysts forecast that Pfizer Inc. will post 2.98 EPS for the current fiscal year.

Pfizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 8th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.72 annualized dividend and a yield of 6.7%. Pfizer’s dividend payout ratio (DPR) is 131.30%.

Institutional Investors Weigh In On Pfizer

Several large investors have recently added to or reduced their stakes in PFE. Horizon Financial Services LLC lifted its position in shares of 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 acquiring an additional 645 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new position in shares of Pfizer in the fourth quarter valued at $26,000. YANKCOM Partnership bought a new stake in shares of Pfizer during the 4th quarter valued at $28,000. HFM Investment Advisors LLC raised its stake in shares of Pfizer by 61.0% during the 4th quarter. HFM Investment Advisors LLC now owns 1,127 shares of the biopharmaceutical company’s stock valued at $28,000 after purchasing an additional 427 shares during the period. Finally, Evolution Wealth Management Inc. lifted its holdings in Pfizer by 132.2% during the 1st quarter. Evolution Wealth Management Inc. now owns 994 shares of the biopharmaceutical company’s stock worth $28,000 after purchasing an additional 566 shares in the last quarter. Hedge funds and other institutional investors own 68.36% of the company’s stock.

About Pfizer

(Get 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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