SG Americas Securities LLC Sells 19,225 Shares of Boston Scientific Corporation $BSX

SG Americas Securities LLC decreased its position in Boston Scientific Corporation (NYSE:BSXFree Report) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 386,518 shares of the medical equipment provider’s stock after selling 19,225 shares during the quarter. SG Americas Securities LLC’s holdings in Boston Scientific were worth $36,854,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Boston Scientific by 0.8% in the third quarter. Vanguard Group Inc. now owns 138,249,447 shares of the medical equipment provider’s stock worth $13,497,294,000 after purchasing an additional 1,115,337 shares during the period. State Street Corp lifted its position in Boston Scientific by 1.1% during the second quarter. State Street Corp now owns 65,191,864 shares of the medical equipment provider’s stock worth $7,002,258,000 after purchasing an additional 713,379 shares during the period. Synergy Asset Management LLC grew its stake in Boston Scientific by 3,493.0% during the third quarter. Synergy Asset Management LLC now owns 493,323 shares of the medical equipment provider’s stock worth $48,297,000 after buying an additional 479,593 shares in the last quarter. Gladstone Institutional Advisory LLC grew its stake in Boston Scientific by 39.5% during the third quarter. Gladstone Institutional Advisory LLC now owns 51,884 shares of the medical equipment provider’s stock worth $5,065,000 after buying an additional 14,700 shares in the last quarter. Finally, Kepler Cheuvreux Suisse SA bought a new position in Boston Scientific in the 3rd quarter valued at about $26,955,000. Institutional investors own 89.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BSX shares. Sanford C. Bernstein reissued an “outperform” rating and issued a $112.00 price objective on shares of Boston Scientific in a research note on Friday, February 6th. The Goldman Sachs Group set a $99.00 target price on Boston Scientific in a report on Thursday, February 5th. National Bank Financial set a $115.00 price target on Boston Scientific in a research note on Monday, February 2nd. Truist Financial lowered their price target on Boston Scientific from $95.00 to $92.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Finally, Citigroup dropped their price objective on Boston Scientific from $102.00 to $94.00 and set a “buy” rating for the company in a research report on Wednesday, March 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Boston Scientific currently has a consensus rating of “Buy” and an average price target of $106.27.

Check Out Our Latest Analysis on Boston Scientific

Insider Transactions at Boston Scientific

In other news, CEO Michael F. Mahoney sold 160,901 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $93.49, for a total transaction of $15,042,634.49. Following the completion of the transaction, the chief executive officer owned 1,411,735 shares of the company’s stock, valued at approximately $131,983,105.15. This trade represents a 10.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.50% of the company’s stock.

Boston Scientific News Roundup

Here are the key news stories impacting Boston Scientific this week:

Boston Scientific Stock Performance

Shares of BSX stock opened at $69.70 on Thursday. The business’s 50-day moving average price is $78.22 and its 200-day moving average price is $91.25. Boston Scientific Corporation has a 12 month low of $67.56 and a 12 month high of $109.50. The firm has a market capitalization of $103.59 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.05 and a beta of 0.69. The company has a current ratio of 1.62, a quick ratio of 1.08 and a debt-to-equity ratio of 0.46.

Boston Scientific (NYSE:BSXGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The medical equipment provider reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.02. The company had revenue of $5.29 billion during the quarter, compared to the consensus estimate of $5.29 billion. Boston Scientific had a return on equity of 19.63% and a net margin of 14.44%.The firm’s revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share. Boston Scientific has set its Q1 2026 guidance at 0.780-0.800 EPS and its FY 2026 guidance at 3.430-3.490 EPS. Equities research analysts forecast that Boston Scientific Corporation will post 2.85 EPS for the current year.

Boston Scientific Company Profile

(Free Report)

Boston Scientific Corporation (NYSE: BSX) is a global medical device company that develops, manufactures and markets a broad portfolio of products used in less-invasive medical procedures. Founded in 1979 by John Abele and Peter Nicholas, the company is headquartered in Marlborough, Massachusetts, and focuses on technologies that enable physicians to treat a wide range of cardiovascular, digestive, urologic, pulmonary and chronic pain conditions without open surgery.

Boston Scientific’s activities span product development, clinical research, regulatory affairs and commercial sales.

Further Reading

Institutional Ownership by Quarter for Boston Scientific (NYSE:BSX)

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