Federated Hermes Inc. has reduced its holdings in
McKesson Corporation (MCK). Recently, the company completed the divestiture of its Norwegian Operations fitting the profile of an 'Affordable Growth' investment. Additionally, McKesson has declared a quarterly dividend of 82 cents per share.
AustralianSuper Pty Ltd and
Mirae Asset Global Investments Co. Ltd. have taken significant positions in McKesson while
Bank of New York Mellon Corp and
Y Intercept Hong Kong Ltd have sold shares. McKesson is set to announce its
quarterly earnings on Wednesday. Its position as a strong value stock for the long term and an attractive investment has been highlighted by multiple experts. Morgan Stanley raised the stock price target to $966 from $916. McKesson's international presence is boosted as it supports FOCUSfactor's expansion in Canada.
Lockheed Martin Investment Management Co. acquired 1,700 shares.
Investing.com reported McKesson's completion of the Norway exit, finalizing its European withdrawal. McKesson Corporation updates its long-term financial targets at Investor Day while adapting a new organizational structure. It's been assessed that shareholders should be pleased with the company's price, and wall street analysts appear bullish on the stock. The future of McKesson shows promising growth; in fact, if one invested $1000 in McKesson a decade ago, it would be worth a significant amount today.
Mckesson Corporation MCK News Analytics from Wed, 25 Jun 2025 00:08:50 GMT to Sat, 31 Jan 2026 11:48:02 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -4
