Landscape Capital Management L.L.C. Boosts Holdings in Zoetis Inc. $ZTS

Landscape Capital Management L.L.C. raised its stake in shares of Zoetis Inc. (NYSE:ZTSFree Report) by 40.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 57,747 shares of the company’s stock after acquiring an additional 16,487 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Zoetis were worth $7,266,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Global Wealth Strategies & Associates purchased a new position in shares of Zoetis in the fourth quarter worth about $25,000. KERR FINANCIAL PLANNING Corp purchased a new position in Zoetis during the third quarter worth about $31,000. Lodestone Wealth Management LLC purchased a new position in Zoetis during the fourth quarter worth about $30,000. Elyxium Wealth LLC purchased a new position in Zoetis during the fourth quarter worth about $32,000. Finally, Holos Integrated Wealth LLC purchased a new position in Zoetis during the fourth quarter worth about $32,000. 92.80% of the stock is owned by hedge funds and other institutional investors.

Zoetis Price Performance

Shares of ZTS opened at $79.51 on Friday. Zoetis Inc. has a 1-year low of $72.38 and a 1-year high of $167.38. The stock has a market cap of $33.33 billion, a PE ratio of 13.19, a P/E/G ratio of 1.24 and a beta of 0.75. The firm has a 50-day simple moving average of $96.94 and a two-hundred day simple moving average of $114.22. The company has a debt-to-equity ratio of 2.80, a current ratio of 3.15 and a quick ratio of 1.91.

Zoetis (NYSE:ZTSGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.53 earnings per share for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.07). Zoetis had a net margin of 27.80% and a return on equity of 66.85%. The company had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.30 billion. During the same quarter in the prior year, the business earned $1.48 earnings per share. Zoetis’s revenue was up 2.9% on a year-over-year basis. Zoetis has set its FY 2026 guidance at 6.850-7.000 EPS. As a group, analysts forecast that Zoetis Inc. will post 6.88 EPS for the current year.

Zoetis Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, July 20th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, July 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.7%. Zoetis’s dividend payout ratio (DPR) is currently 35.16%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ZTS shares. Weiss Ratings downgraded shares of Zoetis from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 27th. BTIG Research reaffirmed a “buy” rating and set a $160.00 target price on shares of Zoetis in a research note on Thursday, February 26th. Wall Street Zen downgraded shares of Zoetis from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Morgan Stanley reaffirmed an “overweight” rating and set a $115.00 target price on shares of Zoetis in a research note on Friday, May 15th. Finally, William Blair reaffirmed an “outperform” rating on shares of Zoetis in a research note on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Zoetis currently has an average rating of “Hold” and an average target price of $133.92.

View Our Latest Stock Report on ZTS

Key Zoetis News

Here are the key news stories impacting Zoetis this week:

Insider Buying and Selling at Zoetis

In related news, Director Paul Bisaro purchased 2,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of $75.88 per share, for a total transaction of $151,760.00. Following the completion of the transaction, the director directly owned 27,862 shares in the company, valued at approximately $2,114,168.56. The trade was a 7.73% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Michael B. Mccallister purchased 3,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were bought at an average price of $77.76 per share, with a total value of $233,280.00. Following the completion of the transaction, the director owned 24,524 shares of the company’s stock, valued at approximately $1,906,986.24. The trade was a 13.94% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 11,650 shares of company stock worth $886,384 over the last three months. Insiders own 0.22% of the company’s stock.

Zoetis Profile

(Free Report)

Zoetis Inc (NYSE: ZTS) is a global animal health company that develops, manufactures and markets a broad portfolio of products and services for companion animals and livestock. The company’s offerings include pharmaceuticals, vaccines and biologics, parasiticides and anti-infectives, as well as diagnostic instruments, consumables and laboratory testing services. Zoetis serves the veterinary community, livestock producers and other animal-health customers with products designed to prevent, detect and treat disease and to support animal productivity and welfare.

Zoetis traces its roots to the animal health business of Pfizer and became an independent, publicly traded company following a 2013 separation and initial public offering.

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Institutional Ownership by Quarter for Zoetis (NYSE:ZTS)

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