Axxcess Wealth Management LLC Raises Position in Pfizer Inc. $PFE

Axxcess Wealth Management LLC grew its position in Pfizer Inc. (NYSE:PFEFree Report) by 100.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 408,819 shares of the biopharmaceutical company’s stock after purchasing an additional 205,305 shares during the period. Axxcess Wealth Management LLC’s holdings in Pfizer were worth $10,180,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Horizon Financial Services LLC grew its position in shares of Pfizer by 174.8% in the fourth quarter. Horizon Financial Services LLC now owns 1,014 shares of the biopharmaceutical company’s stock valued at $25,000 after purchasing an additional 645 shares in the last quarter. YANKCOM Partnership purchased a new position in Pfizer during the fourth quarter valued at approximately $28,000. HFM Investment Advisors LLC grew its stake in Pfizer by 61.0% during the fourth quarter. HFM Investment Advisors LLC now owns 1,127 shares of the biopharmaceutical company’s stock valued at $28,000 after acquiring an additional 427 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in Pfizer during the second quarter valued at approximately $32,000. Finally, Torren Management LLC purchased a new position in Pfizer during the fourth quarter worth about $34,000. 68.36% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Pfizer

Here are the key news stories impacting Pfizer this week:

Pfizer Stock Down 0.1%

Pfizer stock opened at $25.92 on Friday. The stock has a market cap of $147.72 billion, a PE ratio of 19.79 and a beta of 0.35. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.94 and a current ratio of 1.25. Pfizer Inc. has a one year low of $22.88 and a one year high of $28.75. The stock has a fifty day moving average of $26.86 and a 200 day moving average of $26.23.

Pfizer (NYSE:PFEGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The biopharmaceutical company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. The business had revenue of $14.45 billion during the quarter, compared to analysts’ expectations of $13.84 billion. Pfizer had a return on equity of 19.44% and a net margin of 11.83%.The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.92 earnings per share. Pfizer has set its FY 2026 guidance at 2.800-3.000 EPS. As a group, sell-side analysts predict that Pfizer Inc. will post 2.99 EPS for the current year.

Pfizer Announces Dividend

The firm 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 dividend of $0.43 per share. The ex-dividend date is Friday, May 8th. This represents a $1.72 dividend on an annualized basis and a yield of 6.6%. Pfizer’s payout ratio is presently 131.30%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Barclays assumed coverage on Pfizer in a report on Thursday, February 19th. They issued an “underweight” rating and a $25.00 price objective for the company. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $25.00 target price on shares of Pfizer in a report on Monday, April 20th. Argus upgraded Pfizer from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Monday, March 2nd. Morgan Stanley increased 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. Finally, Bank of America dropped their price target on shares of Pfizer from $27.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $28.61.

Read Our Latest Stock Analysis on Pfizer

Pfizer Profile

(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.

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Institutional Ownership by Quarter for Pfizer (NYSE:PFE)

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