Leerink Partnrs Weighs in on Cardinal Health, Inc.’s Q3 2025 Earnings (NYSE:CAH)

Cardinal Health, Inc. (NYSE:CAH) – Research analysts at Leerink Partnrs boosted their Q3 2025 earnings per share estimates for shares of Cardinal Health in a research report issued to clients and investors on Monday, October 7th. Leerink Partnrs analyst M. Cherny now expects that the company will post earnings per share of $2.21 for the quarter, up from their prior estimate of $2.18. The consensus estimate for Cardinal Health’s current full-year earnings is $7.62 per share. Leerink Partnrs also issued estimates for Cardinal Health’s FY2027 earnings at $9.48 EPS and FY2028 earnings at $10.32 EPS.

Other equities research analysts have also issued research reports about the company. Wells Fargo & Company upped their target price on Cardinal Health from $95.00 to $101.00 and gave the company an “underweight” rating in a research note on Thursday, August 15th. Evercore ISI boosted their price target on Cardinal Health from $105.00 to $115.00 and gave the stock an “in-line” rating in a research report on Thursday, August 15th. Morgan Stanley upped their price objective on shares of Cardinal Health from $114.00 to $119.00 and gave the company an “overweight” rating in a research report on Thursday, August 15th. Citigroup dropped their price target on shares of Cardinal Health from $115.00 to $107.00 and set a “neutral” rating for the company in a research note on Friday, July 19th. Finally, UBS Group increased their price target on shares of Cardinal Health from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, August 15th. One analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $119.36.

Cardinal Health Price Performance

CAH opened at $111.75 on Tuesday. Cardinal Health has a 1-year low of $89.39 and a 1-year high of $116.05. The stock has a market cap of $27.22 billion, a P/E ratio of 49.67, a P/E/G ratio of 1.33 and a beta of 0.60. The stock’s 50 day simple moving average is $108.78 and its 200 day simple moving average is $103.84.

Cardinal Health (NYSE:CAH) last issued its earnings results on Wednesday, August 14th. The company reported $1.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.10. Cardinal Health had a negative return on equity of 54.85% and a net margin of 0.37%. The business had revenue of $59.87 billion during the quarter, compared to the consensus estimate of $58.74 billion. During the same period in the prior year, the business posted $1.55 EPS. The company’s revenue for the quarter was up 12.1% on a year-over-year basis.

Institutional Trading of Cardinal Health

Hedge funds and other institutional investors have recently modified their holdings of the company. Tobam boosted its position in shares of Cardinal Health by 773.4% during the 1st quarter. Tobam now owns 49,111 shares of the company’s stock valued at $5,496,000 after purchasing an additional 43,488 shares in the last quarter. Nomura Holdings Inc. boosted its holdings in Cardinal Health by 12.3% during the fourth quarter. Nomura Holdings Inc. now owns 220,661 shares of the company’s stock worth $22,243,000 after buying an additional 24,222 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in Cardinal Health by 101.1% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 321,558 shares of the company’s stock worth $36,010,000 after buying an additional 161,656 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of Cardinal Health by 5.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 314,213 shares of the company’s stock valued at $35,160,000 after buying an additional 15,663 shares in the last quarter. Finally, Park National Corp OH acquired a new stake in shares of Cardinal Health during the 1st quarter valued at $1,742,000. Institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at Cardinal Health

In related news, CFO Aaron E. Alt sold 2,323 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $108.91, for a total value of $252,997.93. Following the completion of the transaction, the chief financial officer now directly owns 36,867 shares of the company’s stock, valued at $4,015,184.97. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Cardinal Health news, CFO Aaron E. Alt sold 2,323 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $108.91, for a total transaction of $252,997.93. Following the sale, the chief financial officer now directly owns 36,867 shares in the company, valued at approximately $4,015,184.97. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jessica L. Mayer sold 17,896 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was 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 directly owns 94,529 shares of the company’s stock, valued at approximately $10,065,447.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 113,963 shares of company stock worth $12,379,980. 0.15% of the stock is owned by company insiders.

Cardinal Health Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st will be given a $0.506 dividend. The ex-dividend date is Tuesday, October 1st. This is an increase from Cardinal Health’s previous quarterly dividend of $0.51. This represents a $2.02 annualized dividend and a yield of 1.81%. Cardinal Health’s dividend payout ratio (DPR) is currently 89.78%.

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.