Pfizer Inc. (PFE) shares are up 3.04% to $26.43 as of 9:47 am on Monday, rising from the previous close of $25.65 on November 22nd. The stock's upward movement comes amid increased interest from institutional investors, as evidenced by Daiwa Securities Group Inc. boosting its stake in Pfizer by 25.9% during the third quarter, now holding 804,522 shares valued at $23,283,000. Additionally, Larson Financial Group LLC increased its holdings by 50.2% in the same period, owning 89,289 shares worth $2,584,000. These moves suggest growing confidence in Pfizer's potential, despite the stock's recent underperformance compared to broader market indices.