Rep. Marjorie Taylor Greene Buys Cardinal Health, Inc. (NYSE:CAH) Stock

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Cardinal Health, Inc. (NYSE:CAH). In a filing disclosed on March 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cardinal Health stock on March 17th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of Digital Realty Trust (NYSE:DLR) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 3/17/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 3/17/2025.

Cardinal Health Stock Performance

NYSE:CAH opened at $133.02 on Friday. Cardinal Health, Inc. has a one year low of $93.17 and a one year high of $133.77. The stock has a market cap of $32.13 billion, a PE ratio of 24.82, a P/E/G ratio of 1.49 and a beta of 0.66. The stock has a 50 day moving average price of $127.15 and a 200 day moving average price of $119.87.

Cardinal Health (NYSE:CAH) last posted its quarterly earnings results on Thursday, January 30th. The company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.74 by $0.19. Cardinal Health had a net margin of 0.59% and a negative return on equity of 59.57%. As a group, analysts predict that Cardinal Health, Inc. will post 7.95 earnings per share for the current fiscal year.

Cardinal Health Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a $0.5056 dividend. This represents a $2.02 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Tuesday, April 1st. Cardinal Health’s dividend payout ratio (DPR) is 37.69%.

Analyst Ratings Changes

CAH has been the subject of a number of research reports. Mizuho started coverage on shares of Cardinal Health in a report on Wednesday, December 4th. They issued an “outperform” rating and a $139.00 price objective for the company. Morgan Stanley upped their price objective on Cardinal Health from $136.00 to $142.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Jefferies Financial Group upgraded Cardinal Health from a “hold” rating to a “buy” rating and lifted their target price for the company from $140.00 to $150.00 in a report on Wednesday, February 5th. JPMorgan Chase & Co. upped their price target on Cardinal Health from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Tuesday, February 4th. Finally, Wells Fargo & Company lifted their price objective on Cardinal Health from $135.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, Cardinal Health presently has an average rating of “Moderate Buy” and a consensus target price of $139.36.

Hedge Funds Weigh In On Cardinal Health

Hedge funds have recently modified their holdings of the company. Rothschild Investment LLC lifted its position in shares of Cardinal Health by 10.1% in the 4th quarter. Rothschild Investment LLC now owns 858 shares of the company’s stock valued at $101,000 after acquiring an additional 79 shares in the last quarter. CSS LLC IL boosted its stake in shares of Cardinal Health by 0.8% during the 4th quarter. CSS LLC IL now owns 11,190 shares of the company’s stock worth $1,323,000 after acquiring an additional 90 shares in the last quarter. Private Trust Co. NA grew its holdings in Cardinal Health by 11.0% during the fourth quarter. Private Trust Co. NA now owns 930 shares of the company’s stock valued at $110,000 after purchasing an additional 92 shares during the last quarter. Checchi Capital Advisers LLC grew its stake in Cardinal Health by 2.7% in the 4th quarter. Checchi Capital Advisers LLC now owns 3,479 shares of the company’s stock valued at $411,000 after buying an additional 93 shares during the last quarter. Finally, TIAA Trust National Association increased its stake in shares of Cardinal Health by 4.5% in the fourth quarter. TIAA Trust National Association now owns 2,183 shares of the company’s stock worth $258,000 after purchasing an additional 94 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

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.