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Abbott Labs met earnings expectations, raised 2025 profit forecast, and boosted dividend.
Abbott Laboratories reported second-quarter earnings of $1.30 per share, meeting expectations, with $11.37 billion in revenue, up 6.9% year-over-year.
The company raised its 2025 full-year EPS guidance to $5.12–$5.18, declared a quarterly dividend of $0.59 per share, and maintained a strong financial profile with a market cap of $215.13 billion and a P/E ratio of 15.49.
Analysts rate the stock as a "Moderate Buy" with a consensus price target of $147.00.
Institutional investors made mixed moves, with some reducing stakes while others, including Haven Private LLC and Balentine LLC, increased holdings.
The stock trades at $123.61, below its 50-day and 200-day moving averages.
Abbott Labs cumplió con las expectativas de ganancias, elevó la previsión de ganancias para 2025 y aumentó los dividendos.