44,287 Shares in Novo Nordisk A/S $NVO Acquired by Sawyer & Company Inc

Sawyer & Company Inc purchased a new stake in shares of Novo Nordisk A/S (NYSE:NVO – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 44,287 shares of the company’s stock, valued at approximately $1,679,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership purchased a new stake in Novo Nordisk A/S in the 1st quarter valued at about $287,660,000. State Street Corp raised its holdings in shares of Novo Nordisk A/S by 0.6% in the 2nd quarter. State Street Corp now owns 5,869,834 shares of the company’s stock valued at $284,565,000 after buying an additional 32,641 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Novo Nordisk A/S by 1.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,031,114 shares of the company’s stock valued at $193,250,000 after buying an additional 71,684 shares during the period. Royal Bank of Canada lifted its stake in Novo Nordisk A/S by 3.2% during the 1st quarter. Royal Bank of Canada now owns 4,527,779 shares of the company’s stock worth $166,396,000 after acquiring an additional 141,376 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in Novo Nordisk A/S by 6.7% during the 1st quarter. Renaissance Technologies LLC now owns 3,397,121 shares of the company’s stock valued at $124,844,000 after acquiring an additional 213,443 shares during the period. Institutional investors and hedge funds own 11.54% of the company’s stock.

Trending Headlines about Novo Nordisk A/S

Here are the key news stories impacting Novo Nordisk A/S this week:

  • Positive Sentiment: CagriSema delivers strong weight-loss results: In a late-stage analysis, women with obesity or overweight lost an average of 25% of their body weight after 68 weeks. The result supports CagriSema as a potentially more effective successor to Wegovy and could strengthen Novo’s long-term position in the obesity-drug market. CNBC CagriSema analysis
  • Positive Sentiment: Share repurchases provide support: Novo is expanding its 2026 buyback program, reportedly totaling DKK 15 billion, and has increased its treasury-share stake to about 1.2%. Buybacks can support per-share results and signal management’s confidence in the valuation. Novo Nordisk share buyback
  • Neutral Sentiment: Investment outlook remains mixed: Analysts point to attractive valuation and continued investment in obesity and cardiometabolic treatments, including CagriSema regulatory submissions and a Prothena partnership, but the company’s future performance depends on commercialization, supply expansion and regulatory execution. Novo Nordisk obesity competition analysis
  • Negative Sentiment: Competition and estimate pressure remain risks: Eli Lilly and Viking Therapeutics are intensifying competition in obesity drugs, while pricing, intellectual-property and regulatory concerns—including scrutiny of GLP-1-related supplements—could limit future growth. Declining earnings estimates have also tempered the positive reaction to CagriSema’s data. Novo Nordisk earnings estimates and valuation

Novo Nordisk A/S Price Performance

Shares of NYSE NVO traded down $0.07 during trading on Wednesday, hitting $39.27. 3,203,936 shares of the company were exchanged, compared to its average volume of 16,668,912. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.87 and a quick ratio of 0.66. Novo Nordisk A/S has a 1 year low of $35.12 and a 1 year high of $64.16. The company has a market cap of $175.36 billion, a price-to-earnings ratio of 9.60, a PEG ratio of 1.30 and a beta of 0.76. The firm’s fifty day moving average price is $42.36 and its 200 day moving average price is $43.99.

Novo Nordisk A/S (NYSE:NVO – Get Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The company reported $0.94 earnings per share (EPS) for the quarter. Novo Nordisk A/S had a net margin of 35.36% and a return on equity of 58.61%. The business had revenue of $11.98 billion during the quarter. On average, sell-side analysts expect that Novo Nordisk A/S will post 3.42 earnings per share for the current fiscal year.

Novo Nordisk A/S Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, August 25th. Investors of record on Monday, August 17th were issued a $0.5786 dividend. The ex-dividend date was Monday, August 17th. This represents a dividend yield of 258.0%. This is a decrease from Novo Nordisk A/S’s previous dividend of $1.2751. Novo Nordisk A/S’s payout ratio is currently 19.80%.

Analysts Set New Price Targets

Several analysts have recently issued reports on NVO shares. Barclays reissued a “neutral” rating on shares of Novo Nordisk A/S in a research report on Monday, September 7th. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of Novo Nordisk A/S in a research note on Tuesday, September 29th. Zacks Research upgraded shares of Novo Nordisk A/S from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. UBS Group restated a “neutral” rating on shares of Novo Nordisk A/S in a research note on Monday, September 21st. Finally, Cfra lowered shares of Novo Nordisk A/S from a “hold” rating to a “sell” rating and set a $38.00 target price on the stock. in a research report on Tuesday, September 22nd. Five research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $59.44.

View Our Latest Stock Report on NVO

Novo Nordisk A/S Company Profile

(Free Report)

Novo Nordisk A/S is a Danish pharmaceutical company headquartered in Bagsværd, Denmark. The company focuses on developing and manufacturing medicines and delivery systems for chronic diseases, with a primary emphasis on diabetes and obesity care.

Novo Nordisk offers a broad portfolio of insulin products, as well as glucagon-like peptide-1 (GLP-1) medicines used in diabetes management and weight treatment. Its well-known products include Ozempic and Rybelsus for type 2 diabetes, Wegovy for chronic weight management, and several modern and human insulin products.

See Also

Want to see what other hedge funds are holding NVO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Novo Nordisk A/S (NYSE:NVO – Free Report).

Institutional Ownership by Quarter for Novo Nordisk A/S (NYSE:NVO)

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