Sen. Markwayne Mullin Purchases Shares of McKesson Corporation (NYSE:MCK)

Senator Markwayne Mullin (Republican-Oklahoma) recently bought shares of McKesson Corporation (NYSE:MCK). In a filing disclosed on March 02nd, the Senator disclosed that they had bought between $15,001 and $50,000 in McKesson stock on February 4th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of MasTec (NYSE:MTZ) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 2/4/2026.
• Sold $1,001 – $15,000 in shares of Iron Mountain (NYSE:IRM) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of FirstCash (NASDAQ:FCFS) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Dell Technologies (NYSE:DELL) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of Coherent (NYSE:COHR) on 2/4/2026.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of Monolithic Power Systems (NASDAQ:MPWR) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of Stride (NYSE:LRN) on 2/4/2026.
• Purchased $15,001 – $50,000 in shares of VSE (NASDAQ:VSEC) on 2/4/2026.

McKesson Price Performance

NYSE MCK opened at $977.51 on Thursday. McKesson Corporation has a one year low of $621.88 and a one year high of $999.00. The firm has a market cap of $119.74 billion, a P/E ratio of 28.11, a P/E/G ratio of 1.60 and a beta of 0.38. The stock’s 50-day moving average is $878.63 and its 200-day moving average is $813.21.

McKesson (NYSE:MCK) last released its quarterly earnings results on Wednesday, February 4th. The company reported $9.34 earnings per share for the quarter, beating the consensus estimate of $9.19 by $0.15. The company had revenue of $106.16 billion during the quarter, compared to analysts’ expectations of $105.98 billion. McKesson had a net margin of 1.09% and a negative return on equity of 338.97%. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $8.03 earnings per share. McKesson has set its FY 2026 guidance at 38.800-39.200 EPS. Equities analysts anticipate that McKesson Corporation will post 32.77 EPS for the current year.

McKesson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.3%. McKesson’s dividend payout ratio (DPR) is currently 9.43%.

Institutional Trading of McKesson

A number of large investors have recently added to or reduced their stakes in MCK. J.W. Cole Advisors Inc. grew its position in McKesson by 35.3% during the third quarter. J.W. Cole Advisors Inc. now owns 5,089 shares of the company’s stock worth $3,931,000 after buying an additional 1,329 shares in the last quarter. Private Wealth Partners LLC raised its holdings in McKesson by 5.6% in the 3rd quarter. Private Wealth Partners LLC now owns 31,841 shares of the company’s stock valued at $24,598,000 after acquiring an additional 1,682 shares in the last quarter. AlphaQuest LLC lifted its position in shares of McKesson by 91.2% during the 3rd quarter. AlphaQuest LLC now owns 1,767 shares of the company’s stock valued at $1,365,000 after acquiring an additional 843 shares during the period. CW Advisors LLC grew its holdings in shares of McKesson by 282.5% during the 2nd quarter. CW Advisors LLC now owns 11,008 shares of the company’s stock worth $8,067,000 after purchasing an additional 8,130 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of McKesson by 12.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 330,647 shares of the company’s stock worth $255,438,000 after purchasing an additional 36,451 shares in the last quarter. Institutional investors and hedge funds own 85.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on MCK shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of McKesson in a report on Wednesday, December 10th. Evercore reaffirmed an “outperform” rating and set a $1,000.00 price target on shares of McKesson in a research report on Thursday, November 6th. UBS Group lifted their price objective on shares of McKesson from $920.00 to $980.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Wells Fargo & Company increased their target price on shares of McKesson from $914.00 to $925.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. lifted their price target on shares of McKesson from $983.00 to $1,107.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $943.50.

Insiders Place Their Bets

In other McKesson news, CAO Napoleon B. Rutledge, Jr. sold 328 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $955.00, for a total value of $313,240.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Leann B. Smith sold 190 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $945.00, for a total transaction of $179,550.00. Following the sale, the executive vice president directly owned 2,989 shares of the company’s stock, valued at approximately $2,824,605. This trade represents a 5.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,868 shares of company stock valued at $3,743,820 over the last 90 days. 0.08% of the stock is owned by company insiders.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

McKesson Company Profile

McKesson Corporation (NYSE: MCK) is a global healthcare services and distribution company that supplies pharmaceuticals, medical-surgical products and health care technology solutions. Founded in 1833 and headquartered in Irving, Texas, McKesson operates across the drug distribution and healthcare services value chain, connecting manufacturers, pharmacies, hospitals and health systems to help manage the movement of medicines and clinical supplies.

The company’s core activities include pharmaceutical wholesale distribution and logistics, specialty pharmacy services, and the provision of medical-surgical supplies to acute and non-acute care providers.