PfizerPFE

Daily Market Briefing

Neutral

Envestnet Asset Management Inc. increases Pfizer stake by 1.8%, now holding 9.51M shares.

Envestnet Asset Management Inc. has raised its holdings in Pfizer Inc. by 1.8%, acquiring an additional 167,641 shares, bringing its total to 9.51 million shares valued at approximately $229.1 million. This move reflects continued institutional confidence in Pfizer's financial performance and strategic direction.

Key points

  • Envestnet Asset Management Inc. increases Pfizer stake by 1.8%, now holding 9.51 million shares.
  • Pfizer's Q2 2026 earnings beat expectations, reporting EPS of $0.77 and revenue of $15.03 billion.
  • Analysts maintain a consensus "Hold" rating for Pfizer with an average price target of $28.28.

Sources

AI-generated from public news sources. Not financial advice.

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