2,655 Shares in Cardinal Health, Inc. $CAH Acquired by Fairvoy Private Wealth LLC

Posted by Stanley Muller on Jun 26th, 2026

Fairvoy Private Wealth LLC bought a new position in shares of Cardinal Health, Inc. (NYSE:CAH – Free Report) during the first quarter, Holdings Channel reports. The fund bought 2,655 shares of the company’s stock, valued at approximately $561,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CAH. Aventura Private Wealth LLC acquired a new position in shares of Cardinal Health during the fourth quarter worth $25,000. University of Texas Texas AM Investment Management Co. acquired a new stake in Cardinal Health in the fourth quarter valued at $26,000. Jones Financial Companies Lllp raised its position in Cardinal Health by 198.3% during the 1st quarter. Jones Financial Companies Lllp now owns 21,112 shares of the company’s stock worth $27,000 after purchasing an additional 14,034 shares during the last quarter. Bank of Jackson Hole Trust bought a new position in Cardinal Health during the 4th quarter worth $27,000. Finally, Palladiem LLC acquired a new position in Cardinal Health during the 4th quarter worth about $28,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

Cardinal Health Stock Up 0.7%

Shares of NYSE CAH opened at $234.70 on Friday. The firm has a market cap of $54.97 billion, a PE ratio of 35.89, a P/E/G ratio of 1.27 and a beta of 0.52. The company’s fifty day simple moving average is $205.54 and its 200 day simple moving average is $210.11. Cardinal Health, Inc. has a 12-month low of $137.75 and a 12-month high of $237.79.

Cardinal Health (NYSE:CAH – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $3.17 earnings per share 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 firm had revenue of $60.94 billion during the quarter, compared to the consensus estimate of $62.10 billion. During the same period in the previous year, the firm posted $2.35 earnings per share. The business’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. On average, equities analysts predict that Cardinal Health, Inc. will post 10.76 earnings per share for the current year.

Cardinal Health Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a $0.5158 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a positive change from Cardinal Health’s previous quarterly dividend of $0.51. Cardinal Health’s dividend payout ratio is presently 31.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on CAH shares. Zacks Research cut Cardinal Health from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 12th. Evercore reduced their target price on Cardinal Health from $260.00 to $240.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. 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. Morgan Stanley boosted their price target on shares of Cardinal Health from $245.00 to $255.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. Finally, William Blair initiated coverage on shares of Cardinal Health in a research note on Tuesday, April 28th. They issued an “outperform” rating on the stock. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $246.93.

Get Our Latest Report on Cardinal Health

About Cardinal Health

(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.