2,348,395 Shares in Pfizer Inc. $PFE Purchased by Public Employees Retirement System of Ohio

Key Points

• Public Employees Retirement System of Ohio acquired 2,348,395 Pfizer shares worth approximately $56.5 million, while institutional investors collectively own 68.36% of the company.
• Pfizer exceeded quarterly expectations, reporting $0.77 adjusted EPS versus the $0.68 consensus and $15.03 billion in revenue, up 2.6% year over year. The company also declared a $0.43 quarterly dividend, representing a 6.1% yield.
• The FDA approved Pfizer and BioNTech’s updated 2026–2027 COVID-19 vaccine, potentially supporting seasonal sales, though analysts remain broadly cautious: the stock carries a consensus “Hold” rating and an average price target of $28.28.

Public Employees Retirement System of Ohio acquired a new stake in shares of Pfizer Inc. (NYSE:PFE - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,348,395 shares of the biopharmaceutical company's stock, valued at approximately $56,549,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. increased its position in shares of Pfizer by 6.3% in the 2nd quarter. BlackRock Inc. now owns 529,670,433 shares of the biopharmaceutical company's stock valued at $12,754,464,000 after acquiring an additional 31,412,883 shares during the period. State Street Corp grew its holdings in Pfizer by 0.5% in the fourth quarter. State Street Corp now owns 300,445,164 shares of the biopharmaceutical company's stock valued at $7,481,085,000 after purchasing an additional 1,357,756 shares during the period. Geode Capital Management LLC raised its position in shares of Pfizer by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 130,192,081 shares of the biopharmaceutical company's stock worth $3,235,642,000 after purchasing an additional 1,184,728 shares during the last quarter. Morgan Stanley lifted its holdings in Pfizer by 19.2% in the 4th quarter. Morgan Stanley now owns 89,113,604 shares of the biopharmaceutical company's stock valued at $2,218,929,000 after purchasing an additional 14,342,946 shares in the last quarter. Finally, Norges Bank purchased a new position in Pfizer in the 4th quarter worth approximately $1,830,986,000. 68.36% of the stock is owned by institutional investors.

Pfizer Price Performance

NYSE PFE opened at $28.00 on Friday. The company's 50 day simple moving average is $25.49 and its 200 day simple moving average is $26.29. The firm has a market capitalization of $159.62 billion, a PE ratio of 36.85 and a beta of 0.34. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.27 and a quick ratio of 0.96. Pfizer Inc. has a 12 month low of $23.58 and a 12 month high of $28.75.

Pfizer (NYSE:PFE - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The biopharmaceutical company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.68 by $0.09. The business had revenue of $15.03 billion during the quarter, compared to analyst estimates of $14.40 billion. Pfizer had a return on equity of 19.63% and a net margin of 6.80%.Pfizer's revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $0.78 EPS. Pfizer has set its FY 2026 guidance at 2.800-3.000 EPS. As a group, equities research analysts forecast that Pfizer Inc. will post 2.98 EPS for the current fiscal year.

Pfizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, July 24th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 6.1%. The ex-dividend date is Friday, July 24th. Pfizer's dividend payout ratio (DPR) is 226.32%.

Trending Headlines about Pfizer

Here are the key news stories impacting Pfizer this week:

• Positive Sentiment: The U.S. Food and Drug Administration approved Pfizer and BioNTech’s XFG-adapted 2026–2027 COVID-19 vaccine. The updated Comirnaty formula is intended for adults 65 and older and younger individuals with qualifying health risks, with shipments beginning immediately. The approval supports Pfizer’s ability to compete in the upcoming respiratory-virus season and could provide seasonal revenue support. Pfizer and BioNTech Receive U.S. FDA Approval for XFG-adapted COVID-19 Vaccine
• Positive Sentiment: The FDA also approved updated COVID-19 vaccines from Moderna and Novavax-Sanofi, following guidance to target the dominant XFG variant. Pfizer’s immediate distribution and extensive real-world safety record may help preserve its position in the U.S. vaccine market, although demand remains difficult to forecast. US FDA approves updated COVID vaccines for 2026-27 season

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Pfizer from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday, August 17th. Guggenheim decreased their price target on Pfizer from $35.00 to $31.00 and set a "buy" rating for the company in a report on Friday, August 7th. Cantor Fitzgerald restated a "neutral" rating and set a $27.00 price target on shares of Pfizer in a research note on Monday, July 6th. Bank of America dropped their price target on Pfizer from $27.00 to $26.00 and set a "neutral" rating for the company in a research report on Friday, July 10th. Finally, Wolfe Research reiterated an "underperform" rating and set a $26.00 price objective on shares of Pfizer in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $28.28.

Pfizer Company Profile

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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