Morningstar Investment Management LLC Sells 89,019 Shares of Koninklijke Philips N.V. $PHG

Posted by Brian Himes on May 25th, 2026

Morningstar Investment Management LLC trimmed its holdings in shares of Koninklijke Philips N.V. (NYSE:PHG – Free Report) by 44.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 110,306 shares of the technology company’s stock after selling 89,019 shares during the quarter. Morningstar Investment Management LLC’s holdings in Koninklijke Philips were worth $2,987,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Hantz Financial Services Inc. increased its stake in Koninklijke Philips by 7.5% during the 4th quarter. Hantz Financial Services Inc. now owns 93,310 shares of the technology company’s stock worth $2,527,000 after purchasing an additional 6,547 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Koninklijke Philips by 5.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 7,759 shares of the technology company’s stock worth $210,000 after purchasing an additional 399 shares in the last quarter. Pzena Investment Management LLC increased its stake in Koninklijke Philips by 25.9% during the 4th quarter. Pzena Investment Management LLC now owns 36,969 shares of the technology company’s stock worth $1,001,000 after purchasing an additional 7,596 shares in the last quarter. Global Retirement Partners LLC increased its stake in Koninklijke Philips by 5,963.1% during the 4th quarter. Global Retirement Partners LLC now owns 14,309 shares of the technology company’s stock worth $387,000 after purchasing an additional 14,073 shares in the last quarter. Finally, Intrust Bank NA increased its stake in Koninklijke Philips by 10.1% during the 4th quarter. Intrust Bank NA now owns 16,479 shares of the technology company’s stock worth $446,000 after purchasing an additional 1,513 shares in the last quarter. 13.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on PHG. Wall Street Zen raised Koninklijke Philips from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research cut Koninklijke Philips from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Finally, Weiss Ratings cut Koninklijke Philips from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, April 2nd. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on PHG

Koninklijke Philips Price Performance

Shares of PHG opened at $26.96 on Monday. The stock has a market capitalization of $25.96 billion, a P/E ratio of 23.10, a P/E/G ratio of 6.95 and a beta of 0.74. Koninklijke Philips N.V. has a twelve month low of $21.95 and a twelve month high of $33.44. The company has a 50 day moving average of $27.32 and a 200-day moving average of $28.29. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 0.60.

Koninklijke Philips (NYSE:PHG – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The technology company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The company had revenue of $4.52 billion during the quarter, compared to analysts’ expectations of $4.49 billion. Koninklijke Philips had a net margin of 5.49% and a return on equity of 13.51%. As a group, equities research analysts forecast that Koninklijke Philips N.V. will post 1.87 EPS for the current fiscal year.

Koninklijke Philips Company Profile

(Free Report)

Koninklijke Philips N.V. (NYSE: PHG), commonly known as Philips, is a Dutch multinational company focused on health technology. Founded in Eindhoven in 1891, the company evolved from a diversified electronics manufacturer into a specialist in healthcare products, systems and services. Philips is legally registered in the Netherlands and operates globally, supplying equipment and solutions to hospitals, clinics, healthcare providers and consumers across Europe, the Americas and Asia.

Philips’ principal activities center on medical technologies and personal health.