--- title: "AbbVie Inc. (NYSE:ABBV) Shares Purchased by Connor Clark & Lunn Investment Management Ltd." description: "Connor Clark & Lunn Investment Management Ltd. significantly increased its stake in AbbVie Inc. (NYSE:ABBV) by 553.8% in Q1, owning 86,277 shares valued at $18.08 million. Other hedge funds also raise" type: "news" locale: "en" url: "https://longbridge.com/en/news/252379618.md" published_at: "2025-08-10T12:18:06.000Z" --- # AbbVie Inc. (NYSE:ABBV) Shares Purchased by Connor Clark & Lunn Investment Management Ltd. > Connor Clark & Lunn Investment Management Ltd. significantly increased its stake in AbbVie Inc. (NYSE:ABBV) by 553.8% in Q1, owning 86,277 shares valued at $18.08 million. Other hedge funds also raised their holdings. AbbVie reported Q2 earnings of $2.97 per share, missing estimates, but revenue rose 6.6% year-over-year to $15.42 billion. The company declared a quarterly dividend of $1.64 per share, with a yield of 3.3%. Analysts have set price targets between $216 and $255, maintaining a positive outlook on the stock. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of AbbVie Inc. (NYSE:ABBV - Free Report) by 553.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 86,277 shares of the company's stock after purchasing an additional 73,081 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in AbbVie were worth $18,077,000 as of its most recent filing with the Securities & Exchange Commission. - AbbVie Stock Eyes Breakout as Pipeline and Profits Grow A number of other hedge funds also recently bought and sold shares of the business. Donoghue Forlines LLC raised its holdings in AbbVie by 93.8% in the 1st quarter. Donoghue Forlines LLC now owns 17,484 shares of the company's stock valued at $3,663,000 after acquiring an additional 8,462 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of AbbVie in the 1st quarter valued at approximately $12,851,000. Townsquare Capital LLC grew its stake in shares of AbbVie by 17.1% in the 1st quarter. Townsquare Capital LLC now owns 185,049 shares of the company's stock valued at $38,771,000 after buying an additional 26,989 shares during the period. Founders Financial Alliance LLC grew its stake in shares of AbbVie by 1.5% in the 1st quarter. Founders Financial Alliance LLC now owns 18,302 shares of the company's stock valued at $3,835,000 after buying an additional 272 shares during the period. Finally, Summit Financial Strategies Inc. grew its stake in shares of AbbVie by 1.8% in the 1st quarter. Summit Financial Strategies Inc. now owns 9,629 shares of the company's stock valued at $2,017,000 after buying an additional 172 shares during the period. Institutional investors and hedge funds own 70.23% of the company's stock. ## Insider Buying and Selling In related news, EVP Nicholas Donoghoe sold 13,295 shares of AbbVie stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $198.51, for a total transaction of $2,639,190.45. Following the sale, the executive vice president directly owned 58,247 shares in the company, valued at $11,562,611.97. This trade represents a 18.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.25% of the stock is owned by corporate insiders. ## AbbVie Price Performance - 3 Biotech Giants Gaining From U.S. Sales and Policy Shifts Shares of ABBV opened at $198.10 on Friday. AbbVie Inc. has a twelve month low of $163.81 and a twelve month high of $218.66. The firm's fifty day simple moving average is $189.65 and its 200-day simple moving average is $191.21. The firm has a market capitalization of $349.96 billion, a price-to-earnings ratio of 94.33, a PEG ratio of 1.27 and a beta of 0.50. The company has a current ratio of 0.74, a quick ratio of 0.64 and a debt-to-equity ratio of 44.14. AbbVie (NYSE:ABBV - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $2.97 earnings per share for the quarter, missing analysts' consensus estimates of $3.24 by ($0.27). AbbVie had a net margin of 6.45% and a return on equity of 699.66%. The firm had revenue of $15.42 billion during the quarter, compared to analyst estimates of $14.93 billion. During the same quarter in the previous year, the business posted $2.65 earnings per share. AbbVie's revenue for the quarter was up 6.6% compared to the same quarter last year. Equities analysts forecast that AbbVie Inc. will post 12.31 EPS for the current fiscal year. ## AbbVie Dividend Announcement - If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy The business also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Tuesday, July 15th will be paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, July 15th. AbbVie's dividend payout ratio (DPR) is currently 312.38%. ## Wall Street Analysts Forecast Growth Several research firms have recently weighed in on ABBV. Guggenheim increased their price target on shares of AbbVie from $216.00 to $227.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Morgan Stanley increased their price target on shares of AbbVie from $250.00 to $255.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Cantor Fitzgerald assumed coverage on shares of AbbVie in a research note on Tuesday, April 22nd. They issued an "overweight" rating and a $210.00 price target for the company. Wall Street Zen cut shares of AbbVie from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Finally, Daiwa Capital Markets raised shares of AbbVie from a "neutral" rating to an "outperform" rating and set a $214.00 price objective for the company in a research report on Thursday. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $214.43. **View Our Latest Research Report on ABBV** ## AbbVie Profile (Free Report) AbbVie Inc discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers. ## Featured Stories - Five stocks we like better than AbbVie - What is the MACD Indicator and How to Use it in Your Trading - Rocket Lab Reports Q2 Results: Is the Bull Thesis Still Intact? - Comparing and Trading High PE Ratio Stocks - Trump GLP-1 Pilot Program Could Boost Novo Nordisk & Eli Lilly - Should You Invest in Penny Stocks? - Now Is a Great Time to Buy Cheniere Energy: New High Expected *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in AbbVie Right Now? Before you consider AbbVie, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AbbVie wasn't on the list. While AbbVie currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [ABBV.US - Abbvie](https://longbridge.com/en/quote/ABBV.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 艾伯維在腹壁疝氣試驗中推進新的毒素療法：投資者應關注哪些方面 | 艾伯維（AbbVie，股票代碼：ABBV）正在進行一項針對 AGN-151607-DP 的二期臨牀試驗，該療法基於肉毒毒素，旨在改善腹股溝疝手術的結果。該研究評估了該藥物在促進主要筋膜閉合而無需複雜修復技術方面的安全性和有效性。試驗約有 2 | [Link](https://longbridge.com/en/news/275926867.md) | | 艾伯維｜8-K：2025 財年營收 612 億美元超過預期 | | [Link](https://longbridge.com/en/news/274816008.md) | | 馬斯克旗下 Grok 美國市佔升至近 18% 未受傳播色情內容影響 | 馬斯克旗下的 AI 聊天機器人 Grok 在美國的市場份額已升至近 18%，成為第三大聊天機器人，僅次於 ChatGPT 和 Google Gemini。儘管 Grok 捲入生成色情內容的爭議，但其使用率未受影響。分析師認為，社交媒體平台 | [Link](https://longbridge.com/en/news/275965405.md) | | 市場監管總局約談阿里巴巴、抖音、百度、騰訊、京東、美團、淘寶閃購等平台企業 | 市場監管總局於 2 月 13 日約談了阿里巴巴、抖音、百度、騰訊、京東、美團和淘寶閃購等平台企業，要求它們遵守相關法律法規，落實主體責任，規範促銷行為，並杜絕 “內卷式” 競爭，以維護公平競爭市場環境，促進平台經濟的創新與健康發展。 | [Link](https://longbridge.com/en/news/275975190.md) | | 每千次展示 60 美元！OpenAI 用高價拉開 “AI 廣告” 大幕 | 為應對 AI 鉅額開支，OpenAI 正式測試廣告，CPM60 美元起步、最低投入 20 萬美元，定位高端渠道，直接挑戰谷歌萬億美元市場，WPP 等頂級代理已率先合作。但轉型風險並存：需平衡用户信任，承諾不用私聊數據；對手 Anthropi | [Link](https://longbridge.com/en/news/275993077.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.