Pfizer Inc. $PFE Shares Acquired by Alps Advisors Inc.

Market Beat
2026.02.08 08:29
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Alps Advisors Inc. increased its stake in Pfizer Inc. (NYSE:PFE) by 13.2% in Q3, owning 1,099,603 shares valued at $28 million. Other institutional investors also adjusted their holdings. Pfizer's recent positive Q4 results and developments in its obesity drug pipeline have boosted investor sentiment. The company is focusing on expanding its market presence in obesity and oncology, while also launching a cost-savings program. However, mixed analyst views and a halted early-stage trial introduce some risks.