Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of McKesson Corporation NYSE: MCK. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in McKesson stock on August 5th.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/2/2025.
- Sold $1,001 - $15,000 in shares of Chart Industries NYSE: GTLS on 9/2/2025.
- Purchased $1,001 - $15,000 in shares of Avient NYSE: AVNT on 9/2/2025.
- Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/27/2025.
- Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/26/2025.
- Purchased $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 8/26/2025.
- Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 8/26/2025.
- Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 8/26/2025.
- Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 8/26/2025.
- Sold $1,001 - $15,000 in shares of Fortive NYSE: FTV on 8/26/2025.
McKesson Stock Performance
Shares of McKesson stock traded down $10.30 during trading on Tuesday, hitting $692.58. 617,447 shares of the stock traded hands, compared to its average volume of 873,950. The stock has a market cap of $86.15 billion, a P/E ratio of 27.61, a PEG ratio of 1.41 and a beta of 0.51. The company has a fifty day moving average price of $697.15 and a two-hundred day moving average price of $695.41. McKesson Corporation has a twelve month low of $464.42 and a twelve month high of $737.89.
McKesson (NYSE:MCK - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $8.26 earnings per share for the quarter, missing the consensus estimate of $8.33 by ($0.07). McKesson had a net margin of 0.84% and a negative return on equity of 196.66%. The company had revenue of $97.83 billion during the quarter, compared to the consensus estimate of $95.93 billion. During the same quarter in the previous year, the business posted $7.88 EPS. The firm's quarterly revenue was up 23.4% on a year-over-year basis. On average, equities research analysts expect that McKesson Corporation will post 32.77 EPS for the current fiscal year.
McKesson Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 2nd will be given a dividend of $0.82 per share. This represents a $3.28 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, September 2nd. This is a boost from McKesson's previous quarterly dividend of $0.71. McKesson's dividend payout ratio is 13.08%.
Insider Activity
In other McKesson news, CAO Napoleon B. Rutledge, Jr. sold 329 shares of the stock in a transaction on Friday, August 8th. The stock was sold at an average price of $663.67, for a total transaction of $218,347.43. Following the sale, the chief accounting officer directly owned 657 shares in the company, valued at approximately $436,031.19. This trade represents a 33.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Brian S. Tyler sold 11,930 shares of the business's stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $705.63, for a total value of $8,418,165.90. Following the completion of the transaction, the chief executive officer directly owned 4,012 shares of the company's stock, valued at approximately $2,830,987.56. This trade represents a 74.83% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 43,560 shares of company stock valued at $30,438,602. Corporate insiders own 0.08% of the company's stock.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC raised its stake in shares of McKesson by 75,632.7% during the first quarter. GAMMA Investing LLC now owns 2,393,152 shares of the company's stock worth $1,610,567,000 after acquiring an additional 2,389,992 shares in the last quarter. Norges Bank purchased a new stake in McKesson during the 2nd quarter valued at $1,346,661,000. Alliancebernstein L.P. increased its position in shares of McKesson by 150.4% in the second quarter. Alliancebernstein L.P. now owns 2,268,015 shares of the company's stock valued at $1,661,956,000 after acquiring an additional 1,362,386 shares during the period. Nuveen LLC purchased a new position in shares of McKesson during the first quarter valued at approximately $475,235,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in McKesson by 56.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,236,536 shares of the company's stock worth $906,109,000 after acquiring an additional 446,060 shares during the period. 85.07% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Evercore ISI boosted their price target on shares of McKesson from $760.00 to $800.00 and gave the company an "outperform" rating in a report on Wednesday, July 9th. Morgan Stanley reissued an "overweight" rating and issued a $810.00 price target (up previously from $770.00) on shares of McKesson in a research note on Wednesday, July 16th. Cowen reiterated a "buy" rating on shares of McKesson in a report on Thursday, August 7th. Wall Street Zen downgraded shares of McKesson from a "strong-buy" rating to a "buy" rating in a research note on Sunday, July 13th. Finally, Wells Fargo & Company increased their price objective on shares of McKesson from $766.00 to $772.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $725.10.
Read Our Latest Stock Analysis on MCK
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About McKesson
(
Get Free Report)
McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, Prescription Technology Solutions (RxTS), Medical-Surgical Solutions, and International. The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar and over-the-counter pharmaceutical drugs, and other healthcare-related products.
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