Labcorp
About: Labcorp is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.
Employees: 70,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
29% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 9 (+2) [Q4]
20% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 90
6% more capital invested
Capital invested by funds: $16.8B [Q3] → $17.8B (+$1.06B) [Q4]
3.4% more ownership
Funds ownership: 89.6% [Q3] → 93.0% (+3.4%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 334 | Existing positions reduced: 333
0% less funds holding
Funds holding: 907 [Q3] → 905 (-2) [Q4]
29% less call options, than puts
Call options by funds: $48.5M | Put options by funds: $68.4M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Truist Securities David Macdonald 61% 1-year accuracy 61 / 100 met price target | 18%upside $290 | Buy Maintained | 12 May 2025 |
Piper Sandler David Westenberg 52% 1-year accuracy 24 / 46 met price target | 14%upside $280 | Neutral Maintained | 6 May 2025 |
Barclays Jack Meehan 0 / 0 met price target | 2%upside $250 | Equal-Weight Maintained | 30 Apr 2025 |
Baird Eric Coldwell 50% 1-year accuracy 14 / 28 met price target | 8%upside $267 | Outperform Maintained | 30 Apr 2025 |
Redburn Atlantic Jamie Clark 75% 1-year accuracy 3 / 4 met price target | 12%upside $276 | Buy Initiated | 2 Apr 2025 |
Financial journalist opinion
Based on 15 articles about LH published over the past 30 days









