This would mark year-over-year growth of 7.14%. Heading into today, shares of the maker of infant formula, medical devices and drugs had gained 1.68% over the past month, lagging the Medical sector's gain of 3.45% and the S&P 500's gain of 5.22% in that time. Zacks Equity Research And let's not forget about AbbVie's acquisition of Allergan, a transaction that closed in May. Start here. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Zacks Investment Research upgraded shares of Abbott Laboratories from a “hold” rating to a “buy” rating and set a $116.00 price target on the stock in a research report on Monday. Chip Manufacturing King Sets Tone for Semi Earnings Season, Headwinds Persist, Major Markets Down 3rd Straight Day, Top Analyst Reports for J&J, Pfizer & Target. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. NYSE and AMEX data is at least 20 minutes delayed. AbbVie successfully decreased its top-line exposure to Humira thanks to this deal. Zacks Ranks stocks can, and often do, change throughout the month. No one should rely upon the information contained herein as constituting legal advice. The firm’s quarterly revenue was down 8.2% on a year-over-year basis. This marks the 387 th consecutive quarterly dividend to be paid by Abbott since 1924. Copyright 2020 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. The company's Established Pharmaceutical Products segment offers branded generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency; irritable bowel syndrome or biliary spasm; intrahepatic cholestasis or depressive symptom; gynecological disorder; hormone replacement therapy; dyslipidemia; hypertension; hypothyroidism; Ménière's disease and vestibular vertigo; pain, fever, and inflammation; migraine; and anti-infective clarithromycin, as well as provides influenza vaccines and products that regulate physiological rhythm of the colon. Over the past few years, I have had a number of clients with stock ownership who received dividends from companies that qualify for the dividend subtraction in Illinois. Finally, Arlington Partners LLC raised its holdings in Abbott Laboratories by 1,187.8% during the second quarter. Keep it up Elder Law, Employment Law, Family Law, Estate Planning. These revisions typically reflect the latest short-term business trends, which can change frequently. ABBOTT PARK, Ill., Sept. 17, 2020 /PRNewswire/ -- The board of directors of Abbott (NYSE: ABT) today declared a quarterly common dividend of 36 cents per share. Posted by Brenda Bartman on Oct 14th, 2020. Stockholders of record on Thursday, October 15th will be given a $0.36 dividend. During the first quarter, the rheumatoid arthritis treatment generated $3.7 billion in revenue domestically, a 13.7% year-over-year increase. Passionate about teaching and learning, he enjoys helping others make better decisions about their finances -- and enjoys it just as much when they return the favor. Returns as of 10/16/2020. RPG Investment Advisory LLC now owns 382 shares of the healthcare product maker’s stock worth $35,000 after acquiring an additional 203 shares in the last quarter.

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