Representative Lisa C. McClain (R-Michigan) recently bought shares of AbbVie Inc. (NYSE:ABBV). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in AbbVie stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
- Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.
AbbVie Stock Down 1.8%
Shares of NYSE:ABBV traded down $4.23 during trading on Thursday, reaching $227.57. The stock had a trading volume of 5,920,795 shares, compared to its average volume of 6,413,283. AbbVie Inc. has a one year low of $164.39 and a one year high of $244.81. The company has a market capitalization of $402.20 billion, a P/E ratio of 108.37, a PEG ratio of 1.42 and a beta of 0.50. The company has a current ratio of 0.74, a quick ratio of 0.61 and a debt-to-equity ratio of 44.14. The firm’s 50-day simple moving average is $227.51 and its 200 day simple moving average is $206.27.
AbbVie Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 16th will be given a dividend of $1.73 per share. The ex-dividend date of this dividend is Friday, January 16th. This is a positive change from AbbVie’s previous quarterly dividend of $1.64. This represents a $6.92 annualized dividend and a dividend yield of 3.0%. AbbVie’s payout ratio is currently 524.24%.
Institutional Trading of AbbVie
Several institutional investors and hedge funds have recently bought and sold shares of ABBV. Marshall & Sullivan Inc. WA purchased a new position in shares of AbbVie during the 2nd quarter valued at about $25,000. Evolution Wealth Management Inc. acquired a new stake in AbbVie during the second quarter worth about $26,000. Chelsea Counsel Co. purchased a new position in AbbVie during the third quarter valued at approximately $26,000. TD Capital Management LLC lifted its holdings in AbbVie by 82.9% in the first quarter. TD Capital Management LLC now owns 128 shares of the company’s stock valued at $27,000 after acquiring an additional 58 shares during the period. Finally, Spurstone Advisory Services LLC purchased a new stake in AbbVie in the 2nd quarter worth approximately $28,000. 70.23% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of AbbVie in a research report on Wednesday, October 8th. Citigroup decreased their price target on AbbVie from $240.00 to $235.00 and set a “neutral” rating for the company in a research note on Monday, November 3rd. Raymond James Financial set a $256.00 price target on AbbVie in a report on Monday, November 3rd. Bank of America upped their price objective on shares of AbbVie from $220.00 to $251.00 and gave the company a “neutral” rating in a report on Friday, October 3rd. Finally, Wall Street Zen upgraded shares of AbbVie from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $241.85.
Check Out Our Latest Stock Report on AbbVie
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
About AbbVie
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.
Further Reading
- Five stocks we like better than AbbVie
- Should You Invest in Penny Stocks?
- SanDisk Joins the S&P 500: Inside the Index Effect Rally
- How to Use the MarketBeat Dividend Calculator
- Amazon Enters Correction Zone—Time to Panic, or to Load Up?
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Tesla Just Got Called a “Must Own” Stock—Here’s Why
Receive News & Ratings for AbbVie Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AbbVie and related companies with MarketBeat.com's FREE daily email newsletter.
