GRIMES & Co WEALTH MANAGEMENT LLC Purchases New Position in Cardinal Health, Inc. $CAH

Market Beat
2026.01.14 09:24
portai
I'm PortAI, I can summarize articles.

GRIMES & Co WEALTH MANAGEMENT LLC has acquired a new position in Cardinal Health, Inc. (NYSE:CAH), purchasing 5,192 shares valued at approximately $815,000. This acquisition is part of a trend where several institutional investors have increased their stakes in Cardinal Health. Analysts have raised their price targets for the stock, with a consensus rating of "Moderate Buy" and a target price of $214.07. Cardinal Health recently reported strong earnings, exceeding estimates, and announced a quarterly dividend of $0.5107, reflecting a yield of 1.0%.