CVS HealthCVS
About: CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the US. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 27 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all existing business lines.
Employees: 300,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
23% more call options, than puts
Call options by funds: $1.7B | Put options by funds: $1.38B
3.4% more ownership
Funds ownership: 79.75% [Q3] → 83.16% (+3.4%) [Q4]
10% less funds holding
Funds holding: 1,809 [Q3] → 1,622 (-187) [Q4]
25% less capital invested
Capital invested by funds: $63B [Q3] → $47.1B (-$15.9B) [Q4]
40% less first-time investments, than exits
New positions opened: 217 | Existing positions closed: 364
52% less funds holding in top 10
Funds holding in top 10: 27 [Q3] → 13 (-14) [Q4]
61% less repeat investments, than reductions
Existing positions increased: 360 | Existing positions reduced: 914
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Truist Securities David Macdonald 60% 1-year accuracy 56 / 93 met price target | 19%upside $82 | Buy Maintained | 11 Apr 2025 |
Mizuho Ann Hynes 71% 1-year accuracy 17 / 24 met price target | 10%upside $76 | Outperform Maintained | 9 Apr 2025 |
Piper Sandler Jessica Tassan 38% 1-year accuracy 9 / 24 met price target | 7%upside $74 | Overweight Maintained | 21 Mar 2025 |
JP Morgan Lisa Gill 61% 1-year accuracy 14 / 23 met price target | 18%upside $81 | Overweight Maintained | 18 Feb 2025 |
Wells Fargo Stephen Baxter 42% 1-year accuracy 14 / 33 met price target | 6%upside $73 | Overweight Maintained | 13 Feb 2025 |
Financial journalist opinion
Based on 52 articles about CVS published over the past 30 days
