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flag Abbott Labs reports strong Q1 earnings, beating estimates despite modest institutional ownership drop.

flag Abbott Laboratories (ABT) reported a solid first-quarter earnings beat, with EPS of $1.09 exceeding consensus estimates by $0.02. flag Despite a slight decrease in shares held by Butensky & Cohen Financial Security Inc., the healthcare company continues to attract institutional investment. flag The stock has a "Moderate Buy" rating and a target price of $142.59. flag Abbott Labs, valued at $232.45 billion, also has a PE ratio of 17.46 and analysts predict a 5.14 EPS for the year.

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