Cardinal Health, Inc. $CAH Shares Sold by New Age Alpha Advisors LLC

Posted by Stanley Muller on May 25th, 2026

New Age Alpha Advisors LLC lessened its stake in Cardinal Health, Inc. (NYSE:CAH – Free Report) by 29.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 47,032 shares of the company’s stock after selling 19,345 shares during the period. New Age Alpha Advisors LLC’s holdings in Cardinal Health were worth $9,665,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Hantz Financial Services Inc. raised its stake in shares of Cardinal Health by 65.9% in the 4th quarter. Hantz Financial Services Inc. now owns 486 shares of the company’s stock valued at $100,000 after purchasing an additional 193 shares in the last quarter. Prospera Financial Services Inc raised its stake in shares of Cardinal Health by 2.1% in the 4th quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock valued at $1,916,000 after purchasing an additional 192 shares in the last quarter. Catalyst Funds Management Pty Ltd acquired a new stake in shares of Cardinal Health in the 4th quarter valued at about $308,000. Jefferies Financial Group Inc. raised its stake in shares of Cardinal Health by 43.3% in the 4th quarter. Jefferies Financial Group Inc. now owns 78,736 shares of the company’s stock valued at $16,180,000 after purchasing an additional 23,788 shares in the last quarter. Finally, Evoke Wealth LLC bought a new stake in shares of Cardinal Health during the 4th quarter valued at about $327,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CAH. TD Cowen boosted their price objective on shares of Cardinal Health from $251.00 to $255.00 and gave the company a “buy” rating in a research report on Friday, May 1st. William Blair began coverage on shares of Cardinal Health in a research report on Tuesday, April 28th. They set an “outperform” rating for the company. Citigroup lowered their price objective on shares of Cardinal Health from $249.00 to $245.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Evercore lowered their price objective on shares of Cardinal Health from $260.00 to $240.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Finally, Weiss Ratings downgraded shares of Cardinal Health from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Cardinal Health presently has an average rating of “Moderate Buy” and an average target price of $241.80.

Get Our Latest Report on Cardinal Health

Cardinal Health Trading Down 0.1%

NYSE CAH opened at $200.42 on Monday. The company has a 50-day moving average price of $205.21 and a two-hundred day moving average price of $208.82. Cardinal Health, Inc. has a 52 week low of $137.75 and a 52 week high of $233.60. The stock has a market cap of $46.94 billion, a price-to-earnings ratio of 30.64, a price-to-earnings-growth ratio of 1.19 and a beta of 0.53.

Cardinal Health (NYSE:CAH – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $3.17 EPS for the quarter, beating the consensus estimate of $2.79 by $0.38. Cardinal Health had a net margin of 0.62% and a negative return on equity of 92.61%. The company had revenue of $60.94 billion for the quarter, compared to analyst estimates of $62.10 billion. During the same quarter last year, the business earned $2.35 earnings per share. Cardinal Health’s revenue was up 11.0% compared to the same quarter last year. Cardinal Health has set its FY 2026 guidance at 10.700-10.80 EPS. As a group, equities research analysts expect that Cardinal Health, Inc. will post 10.76 earnings per share for the current fiscal year.

Cardinal Health Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a $0.5158 dividend. The ex-dividend date is Wednesday, July 1st. This is an increase from Cardinal Health’s previous quarterly dividend of $0.51. This represents a $2.06 annualized dividend and a dividend yield of 1.0%. Cardinal Health’s dividend payout ratio (DPR) is 31.19%.

Cardinal Health Profile

(Free Report)

Cardinal Health is a multinational healthcare services and products company headquartered in Dublin, Ohio. Tracing its roots to the early 1970s, the company has grown into a major provider of supply chain and distribution services for the healthcare sector. Cardinal Health operates across a range of service lines that support hospitals, health systems, pharmacies, physician offices and clinical laboratories.

The company’s core activities include the wholesale distribution of branded and generic pharmaceuticals, the supply and distribution of medical-surgical products, and the provision of logistics and inventory management solutions.