Representative Lisa C. McClain (R-Michigan) recently sold shares of AbbVie Inc. (NYSE:ABBV). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in AbbVie stock on October 31st. 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 Trading Down 1.9%
Shares of AbbVie stock traded down $4.39 on Wednesday, hitting $227.41. 2,093,954 shares of the company’s stock traded hands, compared to its average volume of 6,395,921. The firm’s 50-day moving average price is $227.36 and its two-hundred day moving average price is $206.12. The company has a debt-to-equity ratio of 44.14, a current ratio of 0.74 and a quick ratio of 0.61. The stock has a market capitalization of $401.92 billion, a PE ratio of 108.28, a price-to-earnings-growth ratio of 1.42 and a beta of 0.50. AbbVie Inc. has a one year low of $164.39 and a one year high of $244.81.
AbbVie Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 16th will be paid a $1.73 dividend. The ex-dividend date of this dividend is Friday, January 16th. This is a boost from AbbVie’s previous quarterly dividend of $1.64. This represents a $6.92 dividend on an annualized basis and a yield of 3.0%. AbbVie’s payout ratio is 524.24%.
Wall Street Analysts Forecast Growth
ABBV has been the topic of a number of research analyst reports. Scotiabank assumed coverage on AbbVie in a research report on Thursday, November 13th. They set a “sector outperform” rating and a $280.00 price target on the stock. Raymond James Financial set a $256.00 target price on AbbVie in a report on Monday, November 3rd. Daiwa Capital Markets upgraded AbbVie from a “neutral” rating to an “outperform” rating and set a $214.00 price objective on the stock in a research note on Thursday, August 7th. Evercore ISI boosted their target price on shares of AbbVie from $207.00 to $222.00 and gave the stock an “outperform” rating in a report on Monday, September 22nd. Finally, HSBC set a $225.00 price target on AbbVie in a research note on Thursday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $241.85.
Read Our Latest Stock Report on ABBV
Institutional Trading of AbbVie
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Chelsea Counsel Co. acquired a new stake in shares of AbbVie during the third quarter worth $26,000. TD Capital Management LLC raised its position in shares of AbbVie by 82.9% in the 1st quarter. TD Capital Management LLC now owns 128 shares of the company’s stock worth $27,000 after acquiring an additional 58 shares in the last quarter. Marshall & Sullivan Inc. WA acquired a new position in shares of AbbVie in the 2nd quarter valued at about $25,000. Texas Capital Bancshares Inc TX bought a new stake in shares of AbbVie during the 3rd quarter valued at about $31,000. Finally, Evolution Wealth Management Inc. acquired a new stake in AbbVie during the second quarter worth approximately $26,000. 70.23% of the stock is currently owned by institutional investors and hedge funds.
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.
AbbVie Company Profile
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.
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