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14 stories mentioning MCK

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Insider Trading

Mckesson Insider Sold Shares Worth $604,420, According to a Recent SEC Filing

Thomas L Rodgers, Executive Vice President, Chief Strategy and Business Development Officer, on June 01, 2026, sold 822 shares in Mckesson (MCK) for $604,420. Following the Form 4 filing with the SEC, Rodgers has control over a total of 2,268 common shares of the company, with 2,268 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/927653/000092765326000138/xslF345X05/form4.xmlPrice: $735.66, Change: $-1.12, Percent Change: -0.15%

$MCK
Insider Trading

Mckesson Insider Sold Shares Worth $1,331,255, According to a Recent SEC Filing

LeAnn B Smith, Executive Vice President & Chief Human Resources Officer, on June 01, 2026, sold 1,810 shares in Mckesson (MCK) for $1,331,255. Following the Form 4 filing with the SEC, Smith has control over a total of 4,798 common shares of the company, with 4,798 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/927653/000092765326000136/xslF345X05/form4.xmlPrice: $734.24, Change: $-0.59, Percent Change: -0.08%

$MCK
Insider Trading

Mckesson Insider Sold Shares Worth $1,817,483, According to a Recent SEC Filing

Thomas L Rodgers, Executive Vice President, Chief Strategy & Business Development Officer, on May 23, 2026, sold 2,388 shares in Mckesson (MCK) for $1,817,483. Following the Form 4 filing with the SEC, Rodgers has control over a total of 3,090 common shares of the company, with 3,090 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/927653/000092765326000124/xslF345X05/form4.xmlPrice: $754.78, Change: $+0.38, Percent Change: +0.05%

$MCK
Insider Trading

Mckesson Insider Sold Shares Worth $2,701,870, According to a Recent SEC Filing

Michele Lau, Executive Vice President and Chief Legal Officer, on May 26, 2026, sold 3,550 shares in Mckesson (MCK) for $2,701,870. Following the Form 4 filing with the SEC, Lau has control over a total of 3,386 common shares of the company, with 3,247 shares held directly and 139 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/927653/000092765326000128/xslF345X05/form4.xmlPrice: $754.54, Change: $+0.14, Percent Change: +0.02%

$MCK
Research

Research Alert: CFRA Maintains Buy Rating On Shares Of Mckesson Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month price target to $860 from $1,080, 19.4x our FY 27 EPS estimate (up $0.11 to $44.24; FY 28 estimate begins at $50.19), a above peers and MCK's three-year forward average of 18.6x, supported by a stronger margin profile and faster near-term EPS and dividend growth expectations within a favorable environment for pharma distributors, in our view. Looking ahead to FY 27, we expect broad-based growth across core pharma distribution, oncology and multispecialty, and Rx Technology, with more modest growth in Medical-Surgical, supporting overall sales growth near 7%, following 12% growth in FY 26. We attribute the sales growth slowdown to difficult comparisons as well as lower branded drug pricing as certain Inflation Reduction Act provisions take effect. Oncology and multispecialty should produce the strongest profitability growth during FY 27, in our view, followed by the Rx Technology business and core pharma distribution, driving overall adjusted EBIT growth near 9%.

$MCK
Wire

McKesson's Fiscal 2027 Guidance 'Encouraging,' Cencora Selloff Overdone, Morgan Stanley Says

McKesson's (MCK) fiscal 2027 guidance is "encouraging," and its commentary on biosimilars should help ease recent pressure on drug distributors, Morgan Stanley said in a Friday note.The investment firm said McKesson's targets and underlying assumptions support their bullish outlook on distributors that continue to benefit from structural tailwinds.On Cencora (COR), the brokerage said the company faces idiosyncratic contract dynamics with Express Scripts that could lead to continued insourcing of biosimilar specialty drugs and add an overhang to the stock. The recent pullback in Cencora shares was overdone, according to the note.Morgan Stanley raised their fiscal 2026 adjusted earnings estimate on Cencora to $17.76 from $17.63. Analysts surveyed by FactSet expect $17.73.Morgan Stanley has an overweight rating and a $966 price target on McKesson.The firm reiterated its overweight rating on Cencora and lowered its price target to $342 from $400.Price: $265.08, Change: $+9.42, Percent Change: +3.68%

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Wire

UBS Adjusts McKesson Price Target to $1,050 From $1,000, Maintains Buy Rating

McKesson (MCK) has an average rating of overweight and mean price target of $962.60, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $747.14, Change: $-5.16, Percent Change: -0.69%

$MCK
Research

Research Alert: Mck: Q4 Fy 26 Eps Beats, North American Pharma Sales Growth Slows

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:MCK completed FY 26 with Q4 adjusted EPS of $11.69 (+16% Y/Y), beating consensus by $0.12 and driving full-year adjusted EPS of $39.11 (+18% Y/Y), above guidance midpoint of $38.60. Consolidated revenues of $96.3B (+6% Y/Y) fell short of consensus by ~5%, though full-year sales rose 12% to $403.4B driven by prescription volume growth and strategic acquisitions. We view favorably the strong performance in higher-margin segments, particularly Oncology & Multispecialty with 35% sales growth and 53% adjusted operating profit growth, supporting margin expansion of 36 bps to 3.03%. Initial FY 27 guidance met expectations with adjusted EPS midpoint of $44.20 (+13% Y/Y). The Medical-Surgical separation progresses well with Apollo's 13% minority stake acquisition, while significant capital returns continue via a $2.25B accelerated share repurchase program and $5.0B new authorization. We believe MCK's focus on specialty segments and robust FCF generation supports continued outperformance, in our view.

$MCK
US Markets

Equities Fall Intraday, Oil Rises as Traders Monitor Middle East Developments

US benchmark equity indexes were lower intraday, while oil prices were moving higher, as investors monitored developments regarding a potential peace deal between Washington and Iran.The Dow Jones Industrial Average was down 0.7% at 49,571 after midday Thursday, while the S&P 500 lost 0.4% to 7,338.3. The Nasdaq Composite shed 0.1% to 25,811.1. The S&P 500 and the Nasdaq hit new peaks in the previous session.Barring technology, all sectors were in the red intraday Thursday, led by energy.West Texas Intermediate crude was up 1.4% at $96.45 a barrel, while Brent rose 0.7% to $102.02. Both benchmarks fell sharply Wednesday amid prospects of a diplomatic breakthrough between the US and Iran."The sell-off partly unwinds the conflict-driven rally in energy prices, but losses were pared as the market remains cautious," ING Bank said in a report Thursday. "Crude inventories in the US continue to tighten, while buyers have become more reliant on US barrels to offset disrupted Middle Eastern supply."The US and Iran are edging toward a temporary pact to halt the war, Reuters reported, citing sources and officials. Iran is reviewing a proposal to stop the fighting, but leave the most contentious issues unresolved, according to the report.Iran is still reviewing "messages" from the US via Pakistani mediation and has yet to finalize its response to a Washington proposal to end the conflict, CNN reported, citing local Iranian media. Tehran has issued a set of new rules for ships looking to cross the crucial Strait of Hormuz, the news outlet reported, citing a document it saw.US Treasury yields were higher intraday, with the 10-year rate up 4.3 basis points at 4.39% and the two-year rate rising 5.2 basis points to 3.92%.In company news, Tapestry (TPR) raised its fiscal 2026 outlook after delivering a third-quarter beat, but provided a subdued fourth-quarter sales guidance for its Kate Spade brand. The luxury fashion company's shares were down 10%, the second-worst performer on the S&P 500.Planet Fitness (PLNT) shares slid 32% after the fitness center operator tempered its full-year expectations amid fewer-than-projected member additions in the first quarter.Shake Shack (SHAK) shares plummeted 29% after the fast food chain operator's first-quarter results fell short of Wall Street's estimates amid weather-related headwinds.Datadog (DDOG) shares surged 26%, the top gainer on the S&P 500. The software maker raised its full-year outlook after posting first-quarter results that topped the Street expectations.Gilead Sciences (GILD), McKesson (MCK), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST), and CoreWeave (CRWV) are expected to report after the closing bell Thursday.Gold was up 0.1% at $4,699.80 per troy ounce, while silver jumped 2.7% to $79.37 per ounce.

Dow JonesNasdaq CompositeS&P 500$ABNB$CRWV$DDOG$GILD$MCK$MNST$NET$PLNT$SHAK$TPR
US Markets

Stocks Rise Pre-Bell as Traders Monitor Developments on Potential US-Iran Peace Deal

US equity markets were moving higher before the opening bell Thursday as investors monitor the latest developments over a potential peace deal between the US and Iran.The S&P 500 and the Dow Jones Industrial Average were up 0.1% each, while the Nasdaq was slightly in the green in premarket activity. The indexes finished Wednesday trading higher, with the S&P 500 and the Nasdaq recording their highest close ever and biggest one-day percentage gains since April 8.President Donald Trump told reporters on Wednesday that the US has had "very good talks" with Iran over the past 24 hours, but said there's no deadline on when he expects Tehran to respond to a US proposal to end the war, according to CNN.American and Iranian officials are closing in on a one-page memorandum of understanding to end the war and establish a framework for nuclear negotiations, Axios reported Wednesday, citing sources.In a separate social media post on Wednesday, Trump said US operations against Iran will be "at an end" if Tehran agrees to US demands. "If they don't agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before," Trump said.Iran is expected to give mediators its response to the proposal on Thursday, a regional source told CNN.West Texas Intermediate crude oil dropped 2.2% to $93.03 a barrel before the open, while Brent decreased 2.1% to $99.14."A deal announcement would move futures further immediately, in fact even the potential of a deal is already triggering a decline in oil prices," Rystad Energy Chief Oil Analyst Paola Rodriguez-Masiu said in remarks emailed to. The physical market's recovery won't be as quick as the futures market predicts, Rodriguez-Masiu said, pointing to a six-to-eight-week lag between the strait reopening and oil flows normalizing.Treasury yields were down in premarket action, with the two-year rate retreating 2.3 basis points to 3.85% and the 10-year rate off 2 basis points to 4.33%.Shares of DoorDash (DASH) jumped 10% pre-bell after the food delivery company reported first-quarter earnings ahead of Wall Street's estimates. Warner Bros. Discovery (WBD) nudged 0.5% lower, while Snap (SNAP) fell 10% following their latest quarterly results.McDonald's (MCD), Sempra (SRE), Vistra (VST), Datadog (DDOG), Becton Dickinson (BDX), Tapestry (TPR) and US Foods (USFD) report their latest financial results before the bell, among others. Gilead Sciences (GILD), McKesson (MCK), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST) and CoreWeave (CRWV) are scheduled to announce their earnings after the markets close.Employers in the US announced 83,387 layoffs last month, up 38% from March, Challenger, Gray & Christmas said Thursday.Thursday's economic calendar also has the weekly jobless claims bulletin at 8:30 am.On Wednesday, ADP data showed that employment in the US private sector grew at its fastest pace in more than a year in April. The government's nonfarm payrolls report is out on Friday.Federal Reserve Bank of Minneapolis President Neel Kashkari is slated to speak at 1 pm, while Cleveland Fed President Beth Hammack speaks at 2:05 pm. New York Fed President John Williams' remarks are due at 3:30 pm.Gold increased 1% to $4,740 per troy ounce, while bitcoin declined 0.7% to $80,844.

Dow JonesNasdaq CompositeS&P 500$ABNB$BDX$CRWV$DASH$DDOG$GILD$MCD$MCK$MNST$NET$SNAP$SRE$TPR$USFD$VST$WBD
Research

William Blair Initiates McKesson at Outperform

McKesson (MCK) has an average rating of overweight and mean price target of $997.53, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$MCK
Wire

McKesson Keeps Quarterly Dividend at $0.82 a Share, Payable July 1 to Shareholders of Record on June 1

McKesson Keeps Quarterly Dividend at $0.82 a Share, Payable July 1 to Shareholders of Record on June 1

$MCK
Wire

UBS Cuts Price Target on McKesson to $1,000 From $1,012, Maintains Buy Rating

McKesson (MCK) has an average rating of overweight and mean price target of $997.53, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $840.29, Change: $-1.96, Percent Change: -0.23%

$MCK
Sectors

Sector Update: Financial Stocks Fall Pre-Bell Monday

Financial stocks were falling pre-bell Monday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.5%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.2% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.5%.Bank of Hawaii (BOH) shares were down more than 2% after the company reported Q1 earnings and revenue that missed analysts' expectations.Sila Realty Trust (SILA) said it has entered into a definitive merger agreement through which affiliates of Blue Owl Capital (OWL) will acquire all of its outstanding common stock for $30.38 per share in an all-cash deal valued at about $2.4 billion. Blue Owl Capital stock was down more than 1% premarket.Apollo Global Management (APO) has agreed to invest $1.25 billion in convertible preferred equity in McKesson's (MCK) Medical-Surgical Solutions business, acquiring about a 13% minority stake as part of the unit's planned separation, McKesson said. Apollo Global Management shares were 0.7% lower premarket.

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MCK News | FINWIRES