Leerink Partnrs Cuts Earnings Estimates for Cardinal Health

Cardinal Health, Inc. (NYSE:CAH) – Leerink Partnrs decreased their Q2 2025 earnings per share estimates for Cardinal Health in a report released on Friday, November 1st. Leerink Partnrs analyst M. Cherny now forecasts that the company will post earnings of $1.82 per share for the quarter, down from their prior forecast of $1.83. The consensus estimate for Cardinal Health’s current full-year earnings is $7.61 per share. Leerink Partnrs also issued estimates for Cardinal Health’s Q4 2025 earnings at $1.98 EPS, FY2025 earnings at $7.87 EPS, FY2026 earnings at $8.85 EPS, FY2027 earnings at $9.65 EPS and FY2028 earnings at $10.56 EPS.

A number of other analysts have also recently issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Cardinal Health from $119.00 to $124.00 and gave the company a “hold” rating in a research report on Monday. Evercore ISI raised their price objective on shares of Cardinal Health from $105.00 to $115.00 and gave the stock an “in-line” rating in a report on Thursday, August 15th. JPMorgan Chase & Co. increased their price target on shares of Cardinal Health from $111.00 to $123.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. Morgan Stanley lifted their price objective on Cardinal Health from $119.00 to $127.00 and gave the company an “overweight” rating in a report on Monday. Finally, Robert W. Baird increased their target price on Cardinal Health from $130.00 to $137.00 and gave the stock an “outperform” rating in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $123.00.

Cardinal Health Stock Performance

NYSE:CAH opened at $111.90 on Monday. The firm’s 50-day moving average is $111.75 and its 200-day moving average is $104.15. Cardinal Health has a 52-week low of $93.17 and a 52-week high of $119.13. The company has a market cap of $27.08 billion, a price-to-earnings ratio of 21.77, a PEG ratio of 1.49 and a beta of 0.60.

Cardinal Health (NYSE:CAH) last announced its earnings results on Friday, November 1st. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.24. Cardinal Health had a net margin of 0.37% and a negative return on equity of 54.85%. The business had revenue of $52.28 billion for the quarter, compared to analyst estimates of $50.90 billion. During the same quarter in the previous year, the firm posted $1.73 earnings per share. Cardinal Health’s revenue was down 4.3% compared to the same quarter last year.

Institutional Trading of Cardinal Health

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Paragon Capital Management Inc. increased its position in shares of Cardinal Health by 0.7% during the 2nd quarter. Paragon Capital Management Inc. now owns 14,758 shares of the company’s stock worth $1,451,000 after purchasing an additional 99 shares during the last quarter. Midland Wealth Advisors LLC lifted its stake in Cardinal Health by 4.2% in the second quarter. Midland Wealth Advisors LLC now owns 2,488 shares of the company’s stock valued at $245,000 after acquiring an additional 100 shares during the last quarter. Aptus Capital Advisors LLC grew its position in shares of Cardinal Health by 5.1% in the 2nd quarter. Aptus Capital Advisors LLC now owns 2,071 shares of the company’s stock valued at $204,000 after acquiring an additional 100 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of Cardinal Health by 0.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 20,891 shares of the company’s stock worth $2,054,000 after purchasing an additional 100 shares during the last quarter. Finally, Blair William & Co. IL raised its holdings in shares of Cardinal Health by 0.9% in the 2nd quarter. Blair William & Co. IL now owns 11,442 shares of the company’s stock valued at $1,125,000 after purchasing an additional 103 shares during the period. Institutional investors own 87.17% of the company’s stock.

Insiders Place Their Bets

In other news, insider Jessica L. Mayer sold 16,573 shares of Cardinal Health stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $109.39, for a total value of $1,812,920.47. Following the sale, the insider now directly owns 75,971 shares in the company, valued at $8,310,467.69. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Jessica L. Mayer sold 16,573 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $109.39, for a total transaction of $1,812,920.47. Following the completion of the transaction, the insider now owns 75,971 shares in the company, valued at approximately $8,310,467.69. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jessica L. Mayer sold 17,896 shares of Cardinal Health stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $106.48, for a total transaction of $1,905,566.08. Following the completion of the sale, the insider now owns 94,529 shares in the company, valued at $10,065,447.92. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 113,963 shares of company stock valued at $12,379,980 in the last quarter. 0.09% of the stock is currently owned by insiders.

Cardinal Health Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were paid a $0.506 dividend. This is a boost from Cardinal Health’s previous quarterly dividend of $0.51. The ex-dividend date was Tuesday, October 1st. This represents a $2.02 annualized dividend and a yield of 1.81%. Cardinal Health’s payout ratio is presently 39.30%.

About Cardinal Health

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.