AbbVie Inc. (NYSE:ABBV) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of AbbVie Inc. (NYSE:ABBVGet Free Report) have received an average rating of “Moderate Buy” from the twenty-three research firms that are presently covering the firm, MarketBeat reports. Nine investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $252.7895.

Several equities research analysts have recently weighed in on the stock. Berenberg Bank set a $275.00 target price on shares of AbbVie in a report on Tuesday, January 20th. Barclays began coverage on shares of AbbVie in a research report on Thursday. They issued an “overweight” rating and a $275.00 price target on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $223.00 price objective on shares of AbbVie in a report on Wednesday, January 28th. Raymond James Financial set a $256.00 price target on AbbVie in a research report on Monday, November 3rd. Finally, Scotiabank initiated coverage on AbbVie in a research report on Thursday, November 13th. They issued a “sector outperform” rating and a $280.00 price objective for the company.

Get Our Latest Stock Report on ABBV

Institutional Trading of AbbVie

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of AbbVie by 17.4% during the 4th quarter. Brighton Jones LLC now owns 22,912 shares of the company’s stock valued at $4,072,000 after acquiring an additional 3,401 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of AbbVie by 72.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,279 shares of the company’s stock worth $1,294,000 after purchasing an additional 3,064 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in AbbVie in the second quarter valued at about $36,551,000. Schubert & Co increased its holdings in AbbVie by 17.9% in the second quarter. Schubert & Co now owns 1,353 shares of the company’s stock valued at $251,000 after purchasing an additional 205 shares during the last quarter. Finally, TrueMark Investments LLC lifted its stake in AbbVie by 4.3% in the second quarter. TrueMark Investments LLC now owns 52,380 shares of the company’s stock valued at $9,723,000 after buying an additional 2,143 shares during the period. 70.23% of the stock is currently owned by institutional investors and hedge funds.

AbbVie Stock Up 0.3%

Shares of AbbVie stock opened at $224.94 on Monday. AbbVie has a 12-month low of $164.39 and a 12-month high of $244.81. The stock has a 50 day moving average price of $224.04 and a two-hundred day moving average price of $222.24. The stock has a market capitalization of $397.56 billion, a P/E ratio of 95.31, a PEG ratio of 0.78 and a beta of 0.35.

AbbVie (NYSE:ABBVGet Free Report) last issued its earnings results on Wednesday, February 4th. The company reported $2.71 EPS for the quarter, topping the consensus estimate of $2.65 by $0.06. The firm had revenue of $16.62 billion during the quarter, compared to analysts’ expectations of $16.39 billion. AbbVie had a negative return on equity of 4,184.47% and a net margin of 6.91%.AbbVie’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business earned $2.16 earnings per share. AbbVie has set its FY 2026 guidance at 14.370-14.570 EPS and its Q1 2026 guidance at 2.970-3.010 EPS. Sell-side analysts anticipate that AbbVie will post 12.31 earnings per share for the current year.

AbbVie Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Wednesday, April 15th will be paid a $1.73 dividend. This represents a $6.92 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Wednesday, April 15th. AbbVie’s dividend payout ratio (DPR) is 293.22%.

Trending Headlines about AbbVie

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About AbbVie

(Get Free Report)

AbbVie is a global, research-driven biopharmaceutical company that was created as a spin-off from Abbott Laboratories in 2013 and is headquartered in North Chicago, Illinois. The company focuses on discovering, developing and commercializing therapies for complex and often chronic medical conditions. Its operations span research and development, manufacturing, regulatory affairs and commercialization, with an emphasis on bringing specialty medicines to market across multiple therapeutic areas.

AbbVie’s product portfolio and pipeline cover several major therapeutic categories, including immunology, oncology, neuroscience, virology and women’s health.

Further Reading

Analyst Recommendations for AbbVie (NYSE:ABBV)

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