Labcorp
About: Labcorp is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.
Employees: 70,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
29% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 9 (+2) [Q4]
20% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 90
6% more capital invested
Capital invested by funds: $16.8B [Q3] → $17.8B (+$1.06B) [Q4]
3.36% more ownership
Funds ownership: 89.6% [Q3] → 92.96% (+3.36%) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 334 | Existing positions reduced: 332
0% less funds holding
Funds holding: 907 [Q3] → 904 (-3) [Q4]
29% less call options, than puts
Call options by funds: $48.5M | Put options by funds: $68.4M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Truist Securities David Macdonald 51% 1-year accuracy 51 / 100 met price target | 21%upside $274 | Buy Maintained | 11 Apr 2025 |
Barclays Jack Meehan 0 / 0 met price target | 6%upside $240 | Equal-Weight Maintained | 10 Apr 2025 |
Redburn Atlantic Jamie Clark 50% 1-year accuracy 2 / 4 met price target | 22%upside $276 | Buy Initiated | 2 Apr 2025 |
Citigroup Ralph Giacobbe 0% 1-year accuracy 0 / 1 met price target | 33%upside $300 | Buy Upgraded | 4 Mar 2025 |
Piper Sandler David Westenberg 43% 1-year accuracy 18 / 42 met price target | 15%upside $260 | Neutral Maintained | 10 Feb 2025 |
Financial journalist opinion
Based on 11 articles about LH published over the past 30 days









