Leerink Partnrs Brokers Lower Earnings Estimates for PDCO

Patterson Companies, Inc. (NASDAQ:PDCO) – Equities research analysts at Leerink Partnrs cut their Q2 2025 EPS estimates for Patterson Companies in a note issued to investors on Tuesday, December 3rd. Leerink Partnrs analyst M. Cherny now anticipates that the company will post earnings per share of $0.46 for the quarter, down from their previous estimate of $0.50. The consensus estimate for Patterson Companies’ current full-year earnings is $2.32 per share. Leerink Partnrs also issued estimates for Patterson Companies’ Q3 2025 earnings at $0.69 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $2.29 EPS, FY2026 earnings at $2.52 EPS, FY2027 earnings at $2.80 EPS and FY2028 earnings at $3.07 EPS.

Several other equities analysts have also weighed in on PDCO. UBS Group cut their price objective on shares of Patterson Companies from $27.00 to $24.00 and set a “neutral” rating on the stock in a research report on Thursday, September 5th. JPMorgan Chase & Co. cut their price objective on shares of Patterson Companies from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Evercore ISI cut their price objective on shares of Patterson Companies from $23.00 to $22.00 and set an “in-line” rating on the stock in a research report on Tuesday, October 8th. Bank of America cut their price objective on shares of Patterson Companies from $31.00 to $29.00 and set a “buy” rating on the stock in a research report on Thursday, August 29th. Finally, Robert W. Baird cut their price objective on shares of Patterson Companies from $30.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, August 29th. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Patterson Companies currently has an average rating of “Hold” and a consensus price target of $27.11.

Patterson Companies Price Performance

Shares of PDCO opened at $21.88 on Thursday. The firm has a market cap of $1.93 billion, a PE ratio of 11.96, a PEG ratio of 1.57 and a beta of 1.00. The firm’s 50 day moving average price is $20.98 and its 200 day moving average price is $22.82. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.67 and a current ratio of 1.30. Patterson Companies has a twelve month low of $19.45 and a twelve month high of $30.68.

Hedge Funds Weigh In On Patterson Companies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new position in Patterson Companies during the third quarter worth $65,000. Sanctuary Advisors LLC boosted its stake in Patterson Companies by 54.1% during the third quarter. Sanctuary Advisors LLC now owns 25,670 shares of the company’s stock worth $525,000 after buying an additional 9,015 shares in the last quarter. Barclays PLC boosted its stake in Patterson Companies by 37.2% during the third quarter. Barclays PLC now owns 165,715 shares of the company’s stock worth $3,619,000 after buying an additional 44,906 shares in the last quarter. Stifel Financial Corp boosted its stake in Patterson Companies by 6.2% during the third quarter. Stifel Financial Corp now owns 30,825 shares of the company’s stock worth $673,000 after buying an additional 1,789 shares in the last quarter. Finally, Petrus Trust Company LTA boosted its stake in Patterson Companies by 186.9% during the third quarter. Petrus Trust Company LTA now owns 30,241 shares of the company’s stock worth $660,000 after buying an additional 19,701 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Patterson Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Wednesday, October 16th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend was Friday, October 18th. Patterson Companies’s dividend payout ratio (DPR) is currently 56.83%.

Patterson Companies Company Profile

Patterson Companies, Inc engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems.