CVS Health
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 operates a top-tier health insurer (acquired through Aetna) through which it serves about 27 million medical members. The acquisition of Oak Street Health adds primary care services to the mix, which could have significant synergies with all existing business lines.
Employees: 300,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
185% more funds holding in top 10
Funds holding in top 10: 13 [Q4 2024] → 37 (+24) [Q1 2025]
66% more first-time investments, than exits
New positions opened: 278 | Existing positions closed: 167
53% more capital invested
Capital invested by funds: $47.2B [Q4 2024] → $72.1B (+$24.9B) [Q1 2025]
5% more funds holding
Funds holding: 1,640 [Q4 2024] → 1,725 (+85) [Q1 2025]
1.3% more ownership
Funds ownership: 83.08% [Q4 2024] → 84.38% (+1.3%) [Q1 2025]
7% more call options, than puts
Call options by funds: $2.18B | Put options by funds: $2.05B
30% less repeat investments, than reductions
Existing positions increased: 525 | Existing positions reduced: 747
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Baird Michael Ha | 20%upside $82 | Outperform Upgraded | 14 Aug 2025 |
Morgan Stanley Erin Wright | 20%upside $82 | Overweight Maintained | 1 Aug 2025 |
Barclays Andrew Mok | 17%upside $80 | Overweight Maintained | 1 Aug 2025 |
UBS Kevin Caliendo | 2%downside $67 | Neutral Maintained | 22 Jul 2025 |
Jefferies Brian Tanquilut | 17%upside $80 | Buy Maintained | 30 Jun 2025 |
Financial journalist opinion
Based on 66 articles about CVS published over the past 30 days
