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Animal health leader Zoetis announced its CEO and CFO will present the company's strategy at the 44th Annual J.P. Morgan Healthcare Conference on January 12, 2026.
Four US-listed companies, including Marriott Vacations Worldwide (VAC) and Zoetis (ZTS), announced dividend increases in mid-December as investors seek safer assets due to rising market volatility.
Zoetis (ZTS) completed a $1.75 billion convertible notes deal and raised its dividend by 6%, even as its stock price has fallen approximately 25% year-to-date.
HSBC significantly lowered its price target for Zoetis (ZTS) to $140 from $180 but maintained a "Buy" rating. Barclays initiated coverage with a neutral "Equal-Weight" rating and a $136 target, reflecting broader caution in the agribusiness sector.
Zoetis Inc. announced a proposed $1.75 billion offering of convertible senior notes due 2029. The animal health company plans to use the funds primarily for repurchasing its own common stock and for strategic financial transactions to limit shareholder dilution.
Huntington Bancshares announced a standard quarterly cash dividend for its Series I preferred stock, a routine action confirming its financial obligations to preferred shareholders.
Elanco Animal Health (ELAN) has been upgraded to a Zacks Rank #2 (Buy) following a consistent upward trend in its earnings estimates. The move signals growing analyst confidence in the company's financial performance and arrives amidst signs of strength in the broader animal health sector.
Rocky Brands has declared a routine quarterly cash dividend of $0.155 per share. This action is a standard practice for financially stable companies to provide returns to shareholders and generally has a neutral impact on the stock price, as such payments are anticipated by the market.
Pfizer declared a $0.43 per share dividend for the first quarter of 2026, continuing its long history of shareholder returns. The move signals stability and a commitment to its capital return policy, meeting market expectations without significant price impact.
Edison International has increased its quarterly common stock dividend by 6% to $0.8775 per share, extending its streak of annual dividend growth to 22 consecutive years. This move signals financial stability and aligns with a broader market trend of mature companies boosting shareholder returns.
Nucor Corporation announced the appointment of Stephen D. Laxton as President and COO, effective January 1, 2026, and approved a quarterly dividend increase to US$0.56 per share. The actions signal strategic continuity and confidence in future financial performance.
Zoetis Inc. has increased its quarterly dividend by 6% to $0.53 per share, signaling corporate confidence despite its stock falling 27.6% year-to-date. This divergence highlights a potential undervaluation against concerns over the animal health sector's growth.