CVS HealthCVS
About: CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the us. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.
Employees: 300,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
22% more call options, than puts
Call options by funds: $1.79B | Put options by funds: $1.47B
2% more capital invested
Capital invested by funds: $62.8B [Q2] → $63.8B (+$1.04B) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 27 [Q2] → 27 (+0) [Q3]
3.58% less ownership
Funds ownership: 84.54% [Q2] → 80.96% (-3.58%) [Q3]
4% less funds holding
Funds holding: 1,872 [Q2] → 1,800 (-72) [Q3]
23% less first-time investments, than exits
New positions opened: 155 | Existing positions closed: 202
52% less repeat investments, than reductions
Existing positions increased: 477 | Existing positions reduced: 994
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Wells Fargo Stephen Baxter 23% 1-year accuracy 9 / 39 met price target | 11%upside $73 | Overweight Maintained | 13 Feb 2025 |
Truist Securities David Macdonald 55% 1-year accuracy 53 / 96 met price target | 15%upside $76 | Buy Maintained | 13 Feb 2025 |
Barclays Andrew Mok 29% 1-year accuracy 20 / 68 met price target | 11%upside $73 | Overweight Maintained | 13 Feb 2025 |
Leerink Partners Michael Cherny 67% 1-year accuracy 26 / 39 met price target | 14%upside $75 | Outperform Upgraded | 13 Feb 2025 |
Evercore ISI Group Elizabeth Anderson 49% 1-year accuracy 17 / 35 met price target | 1%downside $65 | Outperform Maintained | 27 Jan 2025 |
Financial journalist opinion
Based on 60 articles about CVS published over the past 30 days









