1,986 Shares in Cencora, Inc. $COR Acquired by Stevens Capital Management LP

Stevens Capital Management LP purchased a new stake in Cencora, Inc. (NYSE:CORFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,986 shares of the company’s stock, valued at approximately $671,000.

A number of other institutional investors and hedge funds have also bought and sold shares of COR. Oakworth Capital Inc. acquired a new position in Cencora during the 4th quarter worth about $26,000. Archer Investment Corp raised its position in shares of Cencora by 134.3% during the fourth quarter. Archer Investment Corp now owns 82 shares of the company’s stock worth $28,000 after acquiring an additional 47 shares during the last quarter. IAG Wealth Partners LLC acquired a new position in shares of Cencora in the third quarter worth approximately $30,000. Cloud Capital Management LLC bought a new stake in Cencora in the third quarter valued at approximately $31,000. Finally, Caitlin John LLC acquired a new stake in Cencora during the 3rd quarter valued at approximately $31,000. 97.52% of the stock is currently owned by institutional investors and hedge funds.

Cencora Stock Performance

Shares of Cencora stock opened at $305.89 on Wednesday. The business has a 50-day simple moving average of $332.27 and a 200 day simple moving average of $343.21. Cencora, Inc. has a one year low of $271.00 and a one year high of $377.54. The company has a debt-to-equity ratio of 3.62, a current ratio of 0.92 and a quick ratio of 0.51. The firm has a market capitalization of $59.50 billion, a price-to-earnings ratio of 36.77, a PEG ratio of 1.42 and a beta of 0.64.

Cencora (NYSE:CORGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $4.75 EPS for the quarter, missing analysts’ consensus estimates of $4.80 by ($0.05). Cencora had a net margin of 0.50% and a return on equity of 176.54%. The firm had revenue of $78.36 billion during the quarter, compared to analyst estimates of $81.09 billion. Cencora has set its FY 2026 guidance at 17.650-17.900 EPS. On average, research analysts anticipate that Cencora, Inc. will post 17.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on COR shares. Barclays lifted their target price on shares of Cencora from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. JPMorgan Chase & Co. increased their price target on Cencora from $417.00 to $419.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Evercore set a $360.00 price objective on Cencora in a research report on Wednesday, April 8th. Morgan Stanley set a $380.00 target price on Cencora in a research report on Tuesday, March 17th. Finally, Wells Fargo & Company lifted their target price on Cencora from $405.00 to $429.00 and gave the stock an “overweight” rating in a report on Tuesday, February 10th. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $398.17.

Read Our Latest Research Report on Cencora

Cencora Company Profile

(Free Report)

Cencora (NYSE:COR) is a global healthcare services and pharmaceutical distribution company that provides end-to-end solutions across the pharmaceutical supply chain. The company’s core activities include wholesale drug distribution, specialty drug distribution, and the operation of specialty pharmacies, complemented by logistics, cold-chain management and other fulfillment services designed to support complex and temperature-sensitive therapies.

Beyond physical distribution, Cencora offers a range of commercial and patient-focused services for pharmaceutical manufacturers and healthcare providers.

Read More

Want to see what other hedge funds are holding COR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cencora, Inc. (NYSE:CORFree Report).

Institutional Ownership by Quarter for Cencora (NYSE:COR)

Receive News & Ratings for Cencora Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cencora and related companies with MarketBeat.com's FREE daily email newsletter.