Tenet Healthcare
About: Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (47 as of December 2024) and over 500 ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
Employees: 98,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
52% more call options, than puts
Call options by funds: $235M | Put options by funds: $155M
27% more funds holding in top 10
Funds holding in top 10: 11 [Q4 2024] → 14 (+3) [Q1 2025]
10% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 189
4% more capital invested
Capital invested by funds: $11.5B [Q4 2024] → $11.9B (+$466M) [Q1 2025]
5% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 92
2.88% less ownership
Funds ownership: 95.47% [Q4 2024] → 92.59% (-2.88%) [Q1 2025]
3% less funds holding
Funds holding: 572 [Q4 2024] → 554 (-18) [Q1 2025]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Morgan Stanley Craig Hettenbach | 28%upside $210 | Overweight Maintained | 9 Jun 2025 |
Barclays Andrew Mok | 31%upside $215 | Overweight Maintained | 2 Jun 2025 |
Wells Fargo Stephen Baxter | 19%upside $195 | Overweight Upgraded | 29 May 2025 |
B of A Securities Kevin Fischbeck | 10%upside $180 | Buy Maintained | 14 May 2025 |
Truist Securities David Macdonald | 16%upside $190 | Buy Maintained | 12 May 2025 |
Financial journalist opinion
Based on 21 articles about THC published over the past 30 days









