Orca Wealth Management LLC Acquires New Position in Abbott Laboratories (NYSE:ABT)

Market Beat
2025.01.29 11:11
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Orca Wealth Management LLC acquired a new position in Abbott Laboratories (NYSE:ABT) during the 4th quarter, purchasing 2,548 shares valued at approximately $288,000. Other institutional investors also increased their stakes in Abbott. Analysts have raised price targets for the stock, with an average target of $133.06 and a consensus rating of "Moderate Buy." Abbott's stock opened at $127.28, with a market cap of $220.76 billion. The company recently reported earnings of $1.34 per share and announced a dividend increase to $0.59 per share, payable on February 14th.