Abbott Laboratories (NYSE:ABT) Reaches New 52-Week High - Here's Why

Market Beat
2025.02.20 17:33
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Abbott Laboratories (NYSE:ABT) shares reached a new 52-week high of $132.92, with a trading volume of 547,305 shares. Analysts have given the stock an average rating of "Moderate Buy" with a price target of $133.06. The company reported $1.34 EPS for the last quarter, meeting expectations, and announced a quarterly dividend increase to $0.59. Insider trading activity included EVP Daniel Gesua Sive Salvadori selling 23,771 shares. Institutional investors have also increased their stakes in the company recently.