710 Shares in McKesson Corporation $MCK Bought by Dorato Capital Management

Dorato Capital Management acquired a new stake in McKesson Corporation (NYSE:MCK) during the 4th quarter, Holdings Channel reports. The fund acquired 710 shares of the company’s stock, valued at approximately $592,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. GGM Financials LLC bought a new position in shares of McKesson in the third quarter worth about $25,000. State of Wyoming bought a new stake in shares of McKesson during the 2nd quarter valued at approximately $29,000. Hopwood Financial Services Inc. acquired a new position in McKesson during the 3rd quarter worth approximately $31,000. Vermillion & White Wealth Management Group LLC acquired a new position in McKesson during the 3rd quarter worth approximately $33,000. Finally, Board of the Pension Protection Fund bought a new position in McKesson in the 4th quarter valued at approximately $33,000. Institutional investors own 85.07% of the company’s stock.

McKesson Stock Up 1.5%

Shares of NYSE:MCK opened at $885.42 on Friday. The firm has a market cap of $108.45 billion, a P/E ratio of 25.46, a P/E/G ratio of 1.24 and a beta of 0.42. McKesson Corporation has a 12-month low of $637.00 and a 12-month high of $999.00. The business has a fifty day simple moving average of $911.25 and a 200 day simple moving average of $843.28.

McKesson (NYSE:MCK) last released its quarterly earnings results on Wednesday, February 4th. The company reported $9.34 EPS for the quarter, beating analysts’ consensus estimates of $9.19 by $0.15. The firm had revenue of $106.16 billion for the quarter, compared to analyst estimates of $105.98 billion. McKesson had a negative return on equity of 338.97% and a net margin of 1.09%.The business’s revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $8.03 EPS. McKesson has set its FY 2026 guidance at 38.800-39.200 EPS. As a group, equities research analysts expect that McKesson Corporation will post 32.77 EPS for the current year.

McKesson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 2nd were given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 2nd. McKesson’s dividend payout ratio is currently 9.43%.

Wall Street Analyst Weigh In

MCK has been the topic of a number of research analyst reports. Raymond James Financial set a $970.00 target price on shares of McKesson in a research report on Thursday, March 5th. Leerink Partners reiterated an “outperform” rating and issued a $1,085.00 price target on shares of McKesson in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of McKesson in a report on Wednesday, December 10th. Wells Fargo & Company upped their target price on McKesson from $914.00 to $925.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Finally, JPMorgan Chase & Co. boosted their price target on McKesson from $983.00 to $1,107.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, McKesson has a consensus rating of “Moderate Buy” and an average target price of $960.93.

Insider Buying and Selling at McKesson

In other news, EVP Leann B. Smith sold 190 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $945.00, for a total value of $179,550.00. Following the sale, the executive vice president directly owned 2,989 shares of the company’s stock, valued at approximately $2,824,605. This represents a 5.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Napoleon B. Rutledge, Jr. sold 328 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $955.00, for a total transaction of $313,240.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 3,868 shares of company stock worth $3,743,820. Company insiders own 0.08% of the company’s stock.

McKesson Company Profile

McKesson Corporation (NYSE: MCK) is a global healthcare services and distribution company that supplies pharmaceuticals, medical-surgical products and health care technology solutions. Founded in 1833 and headquartered in Irving, Texas, McKesson operates across the drug distribution and healthcare services value chain, connecting manufacturers, pharmacies, hospitals and health systems to help manage the movement of medicines and clinical supplies.

The company’s core activities include pharmaceutical wholesale distribution and logistics, specialty pharmacy services, and the provision of medical-surgical supplies to acute and non-acute care providers.