J. Safra Sarasin Holding AG Acquires New Shares in McKesson Corporation $MCK

Key Points

• J. Safra Sarasin acquired a new position of 3,025 shares in McKesson in Q4, valued at about $2.48 million, and institutional investors now own roughly 85.07% of the company.
• McKesson beat quarterly estimates with EPS $9.34 and revenue of $106.16 billion (up 11.4% YoY), and set FY2026 guidance of $38.80–$39.20 EPS.
• The company declared a quarterly dividend of $0.82 (annualized $3.28, yield ~0.4%), while insiders sold about 3,868 shares (~$3.74 million) over the past three months; analysts hold a consensus "Moderate Buy" rating with a ~$961 price target.

J. Safra Sarasin Holding AG acquired a new position in McKesson Corporation (NYSE:MCK - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,025 shares of the company's stock, valued at approximately $2,481,000.

Other hedge funds have also bought and sold shares of the company. GGM Financials LLC bought a new stake in shares of McKesson in the third quarter worth approximately $25,000. State of Wyoming bought a new position in McKesson during the second quarter valued at approximately $29,000. Hopwood Financial Services Inc. bought a new position in McKesson during the third quarter valued at approximately $31,000. Board of the Pension Protection Fund purchased a new stake in McKesson in the fourth quarter worth approximately $33,000. Finally, Vermillion & White Wealth Management Group LLC purchased a new stake in McKesson in the third quarter worth approximately $33,000. Hedge funds and other institutional investors own 85.07% of the company's stock.

McKesson Price Performance

Shares of McKesson stock opened at $864.99 on Wednesday. McKesson Corporation has a 1-year low of $637.00 and a 1-year high of $999.00. The company's fifty day simple moving average is $908.89 and its 200-day simple moving average is $842.77. The stock has a market capitalization of $105.95 billion, a PE ratio of 24.88, a P/E/G ratio of 1.38 and a beta of 0.38.

McKesson (NYSE:MCK - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $9.34 EPS for the quarter, topping the consensus estimate of $9.19 by $0.15. The firm had revenue of $106.16 billion during 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%.McKesson's revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the business posted $8.03 EPS. McKesson has set its FY 2026 guidance at 38.800-39.200 EPS. As a group, research analysts anticipate that McKesson Corporation will post 32.77 EPS for the current year.

McKesson Announces Dividend

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

Wall Street Analyst Weigh In

MCK has been the subject of a number of research reports. Robert W. Baird set a $968.00 target price on shares of McKesson in a research note on Wednesday, January 14th. Weiss Ratings downgraded McKesson from a "buy (a-)" rating to a "buy (b+)" rating in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of McKesson in a report on Wednesday, December 10th. Morgan Stanley reissued an "overweight" rating and issued a $966.00 target price on shares of McKesson in a report on Thursday, January 29th. Finally, Raymond James Financial set a $970.00 target price on McKesson in a research report on Thursday, March 5th. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $960.93.

Insider Transactions at McKesson

In other news, EVP Thomas L. Rodgers sold 276 shares of McKesson stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $816.18, for a total transaction of $225,265.68. Following the transaction, the executive vice president directly owned 2,268 shares of the company's stock, valued at $1,851,096.24. The trade was a 10.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Leann B. Smith sold 190 shares of the business's 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. This trade represents a 5.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 3,868 shares of company stock valued at $3,743,820. Company insiders own 0.08% of the company's stock.

About McKesson

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.

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