Pfizer Inc. $PFE Shares Bought by State of New Jersey Common Pension Fund D

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The State of New Jersey Common Pension Fund D increased its stake in Pfizer Inc. (NYSE:PFE) by 3.6% in Q3, now owning over 1.97 million shares valued at approximately $50.36 million. Pfizer reported stronger-than-expected Q4 earnings with $0.66 EPS against an estimated $0.57, and revenues of $17.56 billion, surpassing the $16.93 billion consensus. The company declared a quarterly dividend of $0.43, offering a 6.2% yield, but analysts currently have an average “Hold” rating on the stock with a target price of $28.00.

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