Leerink Partnrs Brokers Reduce Earnings Estimates for PDCO

Patterson Companies, Inc. (NASDAQ:PDCO) – Equities research analysts at Leerink Partnrs decreased their Q2 2025 EPS estimates for shares of Patterson Companies in a research note issued on Tuesday, December 3rd. Leerink Partnrs analyst M. Cherny now forecasts that the company will post earnings per share of $0.46 for the quarter, down from their prior forecast of $0.50. The consensus estimate for Patterson Companies’ current full-year earnings is $2.32 per share. Leerink Partnrs also issued estimates for Patterson Companies’ Q3 2025 earnings at $0.69 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $2.29 EPS, FY2026 earnings at $2.52 EPS, FY2027 earnings at $2.80 EPS and FY2028 earnings at $3.07 EPS.

Several other research firms have also recently commented on PDCO. Mizuho began coverage on shares of Patterson Companies in a research note on Wednesday. They set a “neutral” rating and a $23.00 target price on the stock. JPMorgan Chase & Co. lowered their target price on shares of Patterson Companies from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, August 29th. Bank of America lowered their target price on shares of Patterson Companies from $31.00 to $29.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th. Evercore ISI lowered their target price on shares of Patterson Companies from $23.00 to $22.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 8th. Finally, UBS Group reduced their price objective on shares of Patterson Companies from $27.00 to $24.00 and set a “neutral” rating for the company in a research report on Thursday, September 5th. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $27.11.

Patterson Companies Stock Up 1.2 %

PDCO stock opened at $21.88 on Thursday. The company has a quick ratio of 0.67, a current ratio of 1.30 and a debt-to-equity ratio of 0.34. Patterson Companies has a fifty-two week low of $19.45 and a fifty-two week high of $30.68. The firm’s 50-day simple moving average is $20.98 and its 200 day simple moving average is $22.82. The stock has a market cap of $1.93 billion, a PE ratio of 11.96, a price-to-earnings-growth ratio of 1.57 and a beta of 1.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PDCO. Equity Investment Corp acquired a new position in shares of Patterson Companies in the second quarter worth about $37,935,000. Private Management Group Inc. boosted its holdings in shares of Patterson Companies by 268.5% in the second quarter. Private Management Group Inc. now owns 1,431,666 shares of the company’s stock worth $34,532,000 after buying an additional 1,043,201 shares during the period. LSV Asset Management boosted its holdings in shares of Patterson Companies by 58.8% in the second quarter. LSV Asset Management now owns 1,391,344 shares of the company’s stock worth $33,559,000 after buying an additional 515,299 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Patterson Companies in the third quarter worth about $11,183,000. Finally, American Century Companies Inc. boosted its holdings in shares of Patterson Companies by 83.6% during the second quarter. American Century Companies Inc. now owns 902,759 shares of the company’s stock worth $21,775,000 after purchasing an additional 411,012 shares during the period. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Patterson Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Wednesday, October 16th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 4.75%. The ex-dividend date of this dividend was Friday, October 18th. Patterson Companies’s payout ratio is 56.83%.

Patterson Companies Company Profile

Patterson Companies, Inc engages in the distribution of dental and animal health products in the United States, the United Kingdom, and Canada. The company operates through three segments: Dental, Animal Health, and Corporate segments. The Dental segment offers consumable products, including infection control, restorative materials, and instruments; basic and advanced technology and dental equipment; practice optimization solutions, such as practice management software, e-commerce, revenue cycle management, patient engagement solutions, and clinical and patient education systems.