International Private Wealth Advisors LLC Buys New Stake in Cardinal Health, Inc. $CAH

International Private Wealth Advisors LLC bought a new position in shares of Cardinal Health, Inc. (NYSE:CAH) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,825 shares of the company’s stock, valued at approximately $406,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CAH. Downshift Financial LLC raised its stake in shares of Cardinal Health by 3,666.7% during the third quarter. Downshift Financial LLC now owns 113 shares of the company’s stock valued at $25,000 after acquiring an additional 110 shares during the last quarter. Investors Research Corp acquired a new position in shares of Cardinal Health during the second quarter worth $29,000. Maryland Capital Advisors Inc. grew its stake in shares of Cardinal Health by 12,600.0% in the third quarter. Maryland Capital Advisors Inc. now owns 127 shares of the company’s stock worth $28,000 after purchasing an additional 126 shares during the last quarter. Allied Private Wealth LLC bought a new stake in shares of Cardinal Health in the second quarter worth $30,000. Finally, NBH Bank bought a new stake in shares of Cardinal Health in the second quarter worth $31,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CAH has been the subject of several analyst reports. Citigroup raised their target price on Cardinal Health from $265.00 to $280.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Robert W. Baird upped their price target on Cardinal Health from $251.00 to $274.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Leerink Partners set a $292.00 price target on Cardinal Health in a research note on Tuesday, August 11th. Morgan Stanley raised their price objective on Cardinal Health from $265.00 to $286.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Finally, Royal Bank Of Canada lifted their price objective on Cardinal Health from $276.00 to $295.00 and gave the stock an “outperform” rating in a research note on Friday, November 6th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $275.62.

Insider Buying and Selling

In related news, CEO Stephen Mason sold 35,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $236.40, for a total transaction of $8,274,000.00. Following the sale, the chief executive officer owned 18,061 shares in the company, valued at $4,269,620.40. This represents a 65.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Jessica Mayer sold 29,436 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $236.19, for a total value of $6,952,488.84. Following the sale, the insider directly owned 33,076 shares of the company’s stock, valued at $7,812,220.44. This represents a 47.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 210,271 shares of company stock worth $49,626,657 over the last three months. Insiders own 0.12% of the company’s stock.

Cardinal Health Stock Up 0.3%

Shares of NYSE CAH opened at $277.63 on Thursday. The company has a market capitalization of $64.17 billion, a PE ratio of 35.92, a P/E/G ratio of 2.12 and a beta of 0.53. Cardinal Health, Inc. has a twelve month low of $180.45 and a twelve month high of $286.29. The firm has a fifty day simple moving average of $242.85 and a 200 day simple moving average of $224.57.

Cardinal Health (NYSE:CAH) last issued its quarterly earnings results on Thursday, November 5th. The company reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $2.94 by $0.32. Cardinal Health had a net margin of 0.71% and a negative return on equity of 102.72%. The business had revenue of $67.51 billion for the quarter, compared to analysts’ expectations of $66.67 billion. During the same quarter in the prior year, the firm posted $2.55 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts expect that Cardinal Health, Inc. will post 12.96 earnings per share for the current fiscal year.

Cardinal Health Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 15th. Stockholders of record on Monday, January 4th will be paid a $0.5158 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, January 4th. Cardinal Health’s payout ratio is currently 26.65%.

Key Stories Impacting Cardinal Health

Investors following CAH have been watching these stories:

• Positive Sentiment: Cardinal Health approved a quarterly dividend of $0.5158 per share, payable January 15, 2027, to shareholders of record on January 4. The declaration provides continued income for shareholders, though the article does not offer a new outlook on dividend growth. Cardinal Health Board of Directors Approves Quarterly Dividend
• Positive Sentiment: Bank of America Securities maintained a Buy rating on CAH, signaling continued analyst confidence. Bank of America Securities Remains a Buy on Cardinal Health
• Neutral Sentiment: Other coverage asks whether the dividend is safe and whether the company can repeat its past performance; the headlines alone do not provide new financial results or a clear change in outlook. Is Cardinal Health’s Dividend Safe? Can Cardinal Health Stock Repeat Its Last Five Years?

Cardinal Health Profile

Cardinal Health is a healthcare services and products company that distributes pharmaceuticals and medical supplies. Its customers include pharmacies, hospitals, surgery centers, physician offices and other healthcare providers. The company’s businesses include pharmaceutical distribution and specialty services, as well as the sourcing and distribution of medical and surgical products. Its offerings support areas such as specialty medications, medication management and supply-chain operations. Cardinal Health traces its roots to a wholesale business founded in Ohio in 1971 and later expanded into pharmaceutical distribution.