Baxter International stock is trading -10.53% below its average target price of $40.84 after dropping -1.3% during today's afternoon session. Analysts are giving the Large-Cap Medical Instruments & Supplies company an average rating of hold and target prices ranging from $30.0 to $46.0 per share.
Baxter International's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.1%. The stock's short ratio is 3.34. The company's insiders own 0.38% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 91.8%. In conclusion, we believe there is mixed market sentiment regarding Baxter International.
Institutions Invested in Baxter International
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Blackrock Inc. | 12% | 63,034,735 | $2,303,289,274 |
| 2024-06-30 | Vanguard Group Inc | 12% | 59,960,049 | $2,190,940,245 |
| 2024-06-30 | Pzena Investment Management Llc | 6% | 30,823,004 | $1,126,272,594 |
| 2024-06-30 | Dodge & Cox Inc | 5% | 27,522,745 | $1,005,681,127 |
| 2024-06-30 | State Street Corporation | 4% | 21,408,207 | $782,255,903 |
| 2024-06-30 | Price (T.Rowe) Associates Inc | 3% | 14,796,015 | $540,646,401 |
| 2024-06-30 | Geode Capital Management, LLC | 2% | 11,985,884 | $437,964,212 |
| 2024-06-30 | Harris Associates L.P. | 2% | 10,328,934 | $377,419,257 |
| 2024-06-30 | Ameriprise Financial, Inc. | 2% | 9,367,847 | $342,301,137 |
| 2024-06-30 | Invesco Ltd. | 2% | 7,905,745 | $288,875,929 |
