Cardinal Health (NYSE:CAH) Stock Acquired Rep. Marjorie Taylor Greene

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Cardinal Health, Inc. NYSE: CAH. In a filing disclosed on March 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cardinal Health stock on March 17th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Digital Realty Trust NYSE: DLR on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Blackstone NYSE: BX on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 3/17/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 3/17/2025.

Cardinal Health Stock Performance

Shares of NYSE CAH traded up $1.36 during midday trading on Monday, reaching $133.25. 2,153,231 shares of the company traded hands, compared to its average volume of 1,975,724. The stock's 50-day simple moving average is $127.35 and its 200-day simple moving average is $120.08. Cardinal Health, Inc. has a 12 month low of $93.17 and a 12 month high of $133.67. The firm has a market cap of $32.19 billion, a PE ratio of 24.86, a PEG ratio of 1.49 and a beta of 0.66.

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Cardinal Health (NYSE:CAH - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $1.93 EPS for the quarter, beating analysts' consensus estimates of $1.74 by $0.19. Cardinal Health had a net margin of 0.59% and a negative return on equity of 59.57%. On average, equities research analysts expect that Cardinal Health, Inc. will post 7.95 EPS for the current year.

Cardinal Health Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.5056 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $2.02 annualized dividend and a yield of 1.52%. Cardinal Health's dividend payout ratio is currently 37.69%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CAH. Citigroup boosted their price objective on Cardinal Health from $120.00 to $129.00 and gave the stock a "neutral" rating in a research note on Friday, January 10th. TD Cowen upgraded shares of Cardinal Health from a "hold" rating to a "buy" rating and upped their price target for the stock from $130.00 to $144.00 in a research report on Wednesday, January 8th. JPMorgan Chase & Co. raised their price objective on shares of Cardinal Health from $142.00 to $145.00 and gave the company a "neutral" rating in a research report on Tuesday, February 4th. Mizuho assumed coverage on shares of Cardinal Health in a report on Wednesday, December 4th. They issued an "outperform" rating and a $139.00 target price on the stock. Finally, Evercore ISI raised shares of Cardinal Health from an "in-line" rating to an "outperform" rating and set a $140.00 price objective for the company in a research report on Tuesday, January 7th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $139.36.

Hedge Funds Weigh In On Cardinal Health

Institutional investors have recently bought and sold shares of the business. OneDigital Investment Advisors LLC raised its stake in Cardinal Health by 9.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,732 shares of the company's stock valued at $412,000 after acquiring an additional 307 shares during the period. CIBC Asset Management Inc raised its position in shares of Cardinal Health by 8.3% in the third quarter. CIBC Asset Management Inc now owns 35,723 shares of the company's stock valued at $3,948,000 after purchasing an additional 2,746 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Cardinal Health by 23.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 12,727 shares of the company's stock worth $1,406,000 after buying an additional 2,451 shares during the last quarter. Swiss National Bank boosted its holdings in shares of Cardinal Health by 0.4% during the 3rd quarter. Swiss National Bank now owns 722,800 shares of the company's stock worth $79,884,000 after buying an additional 2,700 shares during the period. Finally, Prospera Financial Services Inc acquired a new position in Cardinal Health in the 3rd quarter valued at about $214,000. Institutional investors and hedge funds own 87.17% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

Cardinal Health Company Profile

Cardinal Health, Inc operates as a healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home.