National Pension Service Boosts Position in Cencora, Inc. $COR

National Pension Service raised its holdings in shares of Cencora, Inc. (NYSE:COR) by 6.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 720,381 shares of the company’s stock after acquiring an additional 42,652 shares during the period. National Pension Service owned approximately 0.37% of Cencora worth $243,309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oakworth Capital Inc. acquired a new stake in Cencora during the 4th quarter valued at approximately $26,000. Elyxium Wealth LLC acquired a new stake in Cencora during the 4th quarter valued at approximately $27,000. Archer Investment Corp lifted its stake in Cencora by 134.3% during the 4th quarter. Archer Investment Corp now owns 82 shares of the company’s stock valued at $28,000 after acquiring an additional 47 shares during the period. IAG Wealth Partners LLC acquired a new stake in Cencora during the 3rd quarter valued at approximately $30,000. Finally, Cloud Capital Management 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.

Analyst Upgrades and Downgrades

Several brokerages have commented on COR. William Blair began coverage on shares of Cencora in a research note on Tuesday, April 28th. They set a “market perform” rating for the company. Weiss Ratings cut shares of Cencora from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. Leerink Partners restated an “outperform” rating on shares of Cencora in a research note on Tuesday, March 17th. UBS Group lifted their price objective on shares of Cencora from $410.00 to $412.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Robert W. Baird decreased their price objective on shares of Cencora from $420.00 to $339.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $380.25.

Cencora Price Performance

Shares of NYSE COR opened at $269.21 on Friday. The firm has a market cap of $52.38 billion, a PE ratio of 20.65, a PEG ratio of 1.23 and a beta of 0.64. The firm has a fifty day moving average of $298.56 and a 200 day moving average of $333.91. The company has a debt-to-equity ratio of 3.40, a quick ratio of 0.59 and a current ratio of 0.95. Cencora, Inc. has a one year low of $244.82 and a one year high of $377.54.

Cencora (NYSE:COR) last released its earnings results on Wednesday, May 6th. The company reported $4.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.82 by ($0.07). Cencora had a return on equity of 135.20% and a net margin of 0.78%.The business had revenue of $78.36 billion for the quarter, compared to analysts’ expectations of $81.09 billion. During the same period in the previous year, the company earned $4.42 EPS. Cencora’s quarterly revenue was up 3.9% compared to the same quarter last year. Cencora has set its FY 2026 guidance at 17.650-17.900 EPS. As a group, research analysts predict that Cencora, Inc. will post 17.79 EPS for the current fiscal year.

Cencora announced that its board has initiated a share buyback program on Thursday, May 21st that allows the company to buyback $2.00 billion in shares. This buyback authorization allows the company to reacquire up to 3.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Cencora Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 0.9%. Cencora’s dividend payout ratio is presently 18.40%.

Cencora Profile

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.