Walgreens Boots Alliance
About: Walgreens Boots Alliance is one of the largest retail pharmacy chains in the US, with over 8,000 locations. Nearly three quarters of Americans live within five miles of a Walgreens location. Roughly two thirds of revenue is generated from prescription drug sales; Walgreens makes up 20% of total prescription revenue in the US. Walgreens also generates sales from retail products (general wellness consumables and its own branded merchandise), European drug wholesale, and healthcare. With more locations incorporating additional services like Health Corner and Village Medical, Walgreens creates an omnichannel experience for patients and positions itself as a one-stop healthcare provider.
Employees: 312,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
19% more call options, than puts
Call options by funds: $319M | Put options by funds: $268M
11% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 128
9% more capital invested
Capital invested by funds: $4.56B [Q3] → $4.98B (+$420M) [Q4]
2.83% more ownership
Funds ownership: 59.02% [Q3] → 61.85% (+2.83%) [Q4]
0% less funds holding
Funds holding: 866 [Q3] → 864 (-2) [Q4]
7% less repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 307
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Deutsche Bank George Hill 78% 1-year accuracy 7 / 9 met price target | 18%downside $9 | Sell Downgraded | 28 Feb 2025 |
Truist Securities David Macdonald 54% 1-year accuracy 54 / 100 met price target | 9%upside $12 | Hold Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 50 articles about WBA published over the past 30 days









