Mn Services Vermogensbeheer B.V. Has $39.97 Million Holdings in McKesson Corporation $MCK

Mn Services Vermogensbeheer B.V. grew its holdings in McKesson Corporation (NYSE:MCK) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 48,721 shares of the company’s stock after purchasing an additional 1,321 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in McKesson were worth $39,965,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. GGM Financials LLC acquired a new position in McKesson in the third quarter valued at approximately $25,000. State of Wyoming acquired a new stake in McKesson during the 2nd quarter worth $29,000. Hopwood Financial Services Inc. bought a new stake in shares of McKesson during the 3rd quarter valued at $31,000. Vermillion & White Wealth Management Group LLC bought a new stake in shares of McKesson during the 3rd quarter valued at $33,000. Finally, Board of the Pension Protection Fund acquired a new position in shares of McKesson in the 4th quarter valued at $33,000. 85.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wells Fargo & Company raised their price target on McKesson from $914.00 to $925.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of McKesson in a research note on Wednesday, December 10th. JPMorgan Chase & Co. raised their target price on McKesson from $983.00 to $1,107.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Weiss Ratings lowered McKesson from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, February 5th. Finally, Wall Street Zen raised McKesson from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $960.93.

Insiders Place Their Bets

In other McKesson news, EVP Leann B. Smith sold 190 shares of McKesson stock in a transaction that occurred 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 transaction, the executive vice president owned 2,989 shares of the company’s stock, valued at approximately $2,824,605. The trade was a 5.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Maria Martinez sold 349 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $939.87, for a total transaction of $328,014.63. Following the completion of the transaction, the director owned 301 shares of the company’s stock, valued at $282,900.87. This trade represents a 53.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 3,868 shares of company stock worth $3,743,820 in the last three months. 0.08% of the stock is owned by corporate insiders.

McKesson Stock Up 0.0%

MCK opened at $860.37 on Tuesday. McKesson Corporation has a 12 month low of $637.00 and a 12 month high of $999.00. The company has a fifty day simple moving average of $908.02 and a 200 day simple moving average of $841.69. The stock has a market cap of $105.39 billion, a P/E ratio of 24.74, a P/E/G ratio of 1.38 and a beta of 0.38.

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

McKesson Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Monday, March 2nd. McKesson’s payout ratio is 9.43%.

McKesson 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.