CVS Health Corporation $CVS Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC lowered its stake in CVS Health Corporation (NYSE:CVSFree Report) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 199,224 shares of the pharmacy operator’s stock after selling 11,343 shares during the quarter. Great Lakes Advisors LLC’s holdings in CVS Health were worth $15,810,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its position in shares of CVS Health by 407.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 350 shares of the pharmacy operator’s stock worth $26,000 after purchasing an additional 281 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of CVS Health during the fourth quarter worth about $29,000. Dogwood Wealth Management LLC lifted its position in shares of CVS Health by 93.7% during the fourth quarter. Dogwood Wealth Management LLC now owns 370 shares of the pharmacy operator’s stock worth $29,000 after purchasing an additional 179 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in shares of CVS Health during the fourth quarter worth about $32,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of CVS Health during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 80.66% of the company’s stock.

CVS Health Stock Up 2.4%

Shares of NYSE:CVS opened at $100.38 on Friday. The firm’s 50 day moving average price is $86.32 and its 200 day moving average price is $80.63. The stock has a market cap of $128.08 billion, a price-to-earnings ratio of 44.22, a price-to-earnings-growth ratio of 0.96 and a beta of 0.62. CVS Health Corporation has a fifty-two week low of $58.50 and a fifty-two week high of $100.55. The company has a quick ratio of 0.66, a current ratio of 0.87 and a debt-to-equity ratio of 0.78.

CVS Health (NYSE:CVSGet Free Report) last issued its earnings results on Wednesday, May 6th. The pharmacy operator reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.21 by $0.36. The firm had revenue of $100.43 billion for the quarter, compared to analysts’ expectations of $94.99 billion. CVS Health had a net margin of 0.72% and a return on equity of 11.88%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the company earned $2.25 earnings per share. CVS Health has set its FY 2026 guidance at 7.300-7.500 EPS. As a group, equities research analysts predict that CVS Health Corporation will post 7.44 earnings per share for the current fiscal year.

CVS Health Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 4th. Investors of record on Thursday, April 23rd were issued a $0.665 dividend. The ex-dividend date of this dividend was Thursday, April 23rd. This represents a $2.66 annualized dividend and a yield of 2.6%. CVS Health’s dividend payout ratio (DPR) is 117.18%.

Insider Activity at CVS Health

In other CVS Health news, EVP Tilak Mandadi sold 69,551 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $89.58, for a total transaction of $6,230,378.58. Following the sale, the executive vice president owned 10,133 shares of the company’s stock, valued at approximately $907,714.14. This trade represents a 87.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Larry Robbins sold 370,462 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $93.45, for a total transaction of $34,619,673.90. Following the sale, the director directly owned 4,824,799 shares in the company, valued at approximately $450,877,466.55. The trade was a 7.13% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 3,441,551 shares of company stock worth $323,703,977. 0.85% of the stock is owned by corporate insiders.

Trending Headlines about CVS Health

Here are the key news stories impacting CVS Health this week:

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. TD Cowen upped their price objective on CVS Health from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Truist Financial upped their price objective on CVS Health from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. DA Davidson upped their price objective on CVS Health from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wolfe Research cut their price objective on CVS Health from $100.00 to $97.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Finally, Argus upped their price objective on CVS Health from $90.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Twenty-two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.68.

Read Our Latest Stock Analysis on CVS Health

CVS Health Profile

(Free Report)

CVS Health Corporation is a diversified healthcare company that operates a large network of retail pharmacies, pharmacy benefit management services and health care solutions. Headquartered in Woonsocket, Rhode Island, the company traces its roots to the early 1960s and has grown into an integrated provider of prescription drugs, over‑the‑counter products, clinical services and health insurance offerings. Its operating model combines retail pharmacy locations and in‑store clinics with broader pharmacy and health plan capabilities.

Key business activities include CVS Pharmacy retail operations, MinuteClinic walk‑in medical clinics and HealthHUB locations that offer expanded clinical services.

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Institutional Ownership by Quarter for CVS Health (NYSE:CVS)

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