Federated Hermes Inc. Lowers Holdings in AstraZeneca PLC $AZN
Federated Hermes Inc. reduced its stake in AstraZeneca PLC by 23.9% in the third quarter, selling 36,994 shares to hold 118,013 shares valued at approximately $9.05 million. This comes as AstraZeneca reported strong quarterly earnings, beating analyst estimates, and announced significant strategic moves including licensing obesity/diabetes programs and a $15 billion investment in China. Analysts maintain a "Moderate Buy" consensus rating for AZN with a target price of $95.75.
https://www.marketbeat.com/instant-alerts/filing-federated-hermes-inc-lowers-holdings-in-astrazeneca-plc-azn-2026-02-02/