Artemis Investment Management LLP Takes Position in Bristol Myers Squibb Company $BMY

Market Beat
2026.05.02 07:21
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Artemis Investment Management LLP has acquired a new stake in Bristol Myers Squibb Company (NYSE:BMY), purchasing 1,740,753 shares valued at approximately $93.9 million during the fourth quarter. This investment represents about 1.1% of Artemis's portfolio, making BMY its 25th largest holding. Other institutional investors have also increased their stakes in the company. Analysts have mixed ratings on BMY, with a consensus price target of $61.31. Recent positive earnings and growth prospects have been noted, although some analysts express caution regarding future upside.