The average one-year price target for Intuitive Surgical (NASDAQ:ISRG) has been revised to 375.31 / share. This is an increase of 16.89% from the prior estimate of 321.09 dated July 5, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 318.15 to a high of 420.00 / share. The average price target represents an increase of 15.69% from the latest reported closing price of 324.40 / share.
What is the Fund Sentiment?
There are 2575 funds or institutions reporting positions in Intuitive Surgical. This is an increase of 70 owner(s) or 2.79% in the last quarter. Average portfolio weight of all funds dedicated to ISRG is 0.55%, an increase of 0.15%. Total shares owned by institutions decreased in the last three months by 2.24% to 336,149K shares. 
The put/call ratio of ISRG is 0.83, indicating a bullish outlook.
What are Other Shareholders Doing?
Price T Rowe Associates holds 20,424K shares representing 5.81% ownership of the company. In it's prior filing, the firm reported owning 20,875K shares, representing a decrease of 2.21%. The firm decreased its portfolio allocation in ISRG by 12.34% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 10,850K shares representing 3.09% ownership of the company. In it's prior filing, the firm reported owning 10,745K shares, representing an increase of 0.97%. The firm decreased its portfolio allocation in ISRG by 10.23% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 8,176K shares representing 2.33% ownership of the company. In it's prior filing, the firm reported owning 8,169K shares, representing an increase of 0.08%. The firm decreased its portfolio allocation in ISRG by 10.64% over the last quarter.
Capital World Investors holds 7,471K shares representing 2.13% ownership of the company. In it's prior filing, the firm reported owning 7,436K shares, representing an increase of 0.46%. The firm decreased its portfolio allocation in ISRG by 6.22% over the last quarter.
Bank of New York Mellon holds 7,264K shares representing 2.07% ownership of the company. In it's prior filing, the firm reported owning 7,597K shares, representing a decrease of 4.59%. The firm decreased its portfolio allocation in ISRG by 89.85% over the last quarter.
Intuitive Surgical Background Information
(This description is provided by the company.)
Intuitive, headquartered in Sunnyvale, California, is a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery. Intuitive believes that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, it expands the potential of physicians to heal without constraints.
Additional reading:
- INTUITIVE ANNOUNCES SECOND QUARTER EARNINGS
- INTUITIVE ANNOUNCES EXECUTIVE LEADERSHIP CHANGES Dave Rosa named President; Gary Guthart remains Chief Executive Officer
- INTUITIVE ANNOUNCES FIRST QUARTER EARNINGS
- Form of Amended and Restated Intuitive Surgical, Inc. 2010 Incentive Award Plan Global Restricted Stock Unit Grant Notice.
- Form of Amended and Restated Intuitive Surgical, Inc. 2010 Incentive Award Plan Global Performance Stock Unit Grant Notice
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
