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Van ECK sold nearly 4.7 million Pfizer shares in Q3, despite strong earnings and a 6.4% dividend yield.
Van ECK Associates Corp reduced its stake in Pfizer (PFE) by 20.7% in the third quarter, selling nearly 4.7 million shares, while the company reported stronger-than-expected earnings on February 3, with $0.66 EPS and $17.56 billion in revenue, though revenue dipped 1.2% year-over-year.
Pfizer’s stock closed at $26.81 on March 10, 2026, with a market cap of $152.42 billion, a P/E ratio of 19.71, and a 6.4% dividend yield, though its payout ratio exceeds 126%.
Analysts maintain a mixed outlook, with a consensus "Hold" rating and a target price of $28.05.
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Van ECK vendió cerca de 4.7 millones de acciones de Pfizer en el tercer trimestre, a pesar de las fuertes ganancias y un rendimiento de dividendos del 6,4%.