Cardinal Health
About: Cardinal Health is one of three leading pharmaceutical wholesalers in the us, engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and McKesson, the three comprise well over 90% of the us pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.
Employees: 48,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
106% more first-time investments, than exits
New positions opened: 171 | Existing positions closed: 83
24% more call options, than puts
Call options by funds: $281M | Put options by funds: $227M
22% more funds holding in top 10
Funds holding in top 10: 9 [Q3] → 11 (+2) [Q4]
7% more funds holding
Funds holding: 1,001 [Q3] → 1,072 (+71) [Q4]
6% more capital invested
Capital invested by funds: $23.3B [Q3] → $24.8B (+$1.5B) [Q4]
1% less repeat investments, than reductions
Existing positions increased: 370 | Existing positions reduced: 372
1.18% less ownership
Funds ownership: 87.17% [Q3] → 85.99% (-1.18%) [Q4]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Jefferies Brian Tanquilut 44% 1-year accuracy 4 / 9 met price target | 10%upside $150 | Buy Upgraded | 5 Feb 2025 |
JP Morgan Lisa Gill 70% 1-year accuracy 16 / 23 met price target | 6%upside $145 | Neutral Maintained | 4 Feb 2025 |
Wells Fargo Stephen Baxter 33% 1-year accuracy 13 / 39 met price target | 0%downside $136 | Equal-Weight Maintained | 4 Feb 2025 |
Morgan Stanley Erin Wright 60% 1-year accuracy 15 / 25 met price target | 4%upside $142 | Overweight Maintained | 31 Jan 2025 |
Citigroup Daniel Grosslight 39% 1-year accuracy 9 / 23 met price target | 6%downside $129 | Neutral Maintained | 10 Jan 2025 |
Financial journalist opinion
Based on 14 articles about CAH published over the past 30 days
