Aside from share buybacks, Cardinal Health is also paying a quarterly dividend to distribute cash to its shareholders.

Source: https://seekingalpha.com/article/4606963-cardinal-health-not-long-term-investment?source=feed_all_articles

Benjamin Edwards Inc. purchased a new stake in shares of Cardinal Health during the first quarter worth $27,000.

Source: https://www.americanbankingnews.com/2023/10/10/bank-julius-baer-co-ltd-zurich-boosts-stock-holdings-in-cardinal-health-inc-nysecah.html

BlackRock Inc. grew its stake in shares of Cardinal Health by 25.9% in the third quarter.

Source: https://www.etfdailynews.com/2023/03/19/centaurus-financial-inc-takes-position-in-cardinal-health-inc-nysecah/

Blair William & Co. IL lifted its stake in shares of Cardinal Health by 6.7% in the 1st quarter.

Source: https://www.americanbankingnews.com/2023/04/27/cardinal-health-inc-nysecah-holdings-reduced-by-spire-wealth-management.html

Canada Pension Plan Investment Board’s holdings in Cardinal Health were worth $8,684,000 as of its most recent SEC filing.

Source: https://www.americanbankingnews.com/2023/02/24/canada-pension-plan-investment-board-lowers-stake-in-cardinal-health-inc-nysecah.html

Comerica Bank’s holdings in Cardinal Health were worth $5,561,000 as of its most recent SEC filing.

Source: https://www.americanbankingnews.com/2023/01/13/comerica-bank-acquires-1599-shares-of-cardinal-health-inc-nysecah.html

CoreCap Advisors LLC bought a new position in Cardinal Health in the 2nd quarter worth $243,000.

Source: https://www.dailypolitical.com/2023/01/09/cardinal-health-nysecah-pt-raised-to-86-00.html

Equities research analysts expect that Cardinal Health, Inc. will post 6.89 earnings per share for the current fiscal year.

Source: https://www.dailypolitical.com/2023/11/26/bessemer-group-inc-purchases-281-shares-of-cardinal-health-inc-nysecah.html

Exchange Traded Concepts LLC lifted its stake in Cardinal Health, Inc. () by 1,175.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission.

Source: https://www.etfdailynews.com/2023/06/27/exchange-traded-concepts-llc-has-674000-holdings-in-cardinal-health-inc-nysecah/

Finally, Boyd Watterson Asset Management LLC OH acquired a new stake in Cardinal Health during the 4th quarter worth $40,000.

Source: https://www.etfdailynews.com/2023/04/22/keybank-national-association-oh-buys-new-stake-in-cardinal-health-inc-nysecah/

Finally, Callahan Advisors LLC raised its stake in Cardinal Health by 35.1% during the 2nd quarter.

Source: https://www.dailypolitical.com/2023/10/28/fjarde-ap-fonden-fourth-swedish-national-pension-fund-decreases-position-in-cardinal-health-inc-nysecah.html

In January, a well-attended Opioid Solutions Forum was hosted by the Valparaiso City Council to gather information for the use of funding provided as part of a national settlement with Johnson & Johnson, AmerisourceBergen, Cardinal Health and McKesson.

Source: https://www.chicagotribune.com/suburbs/post-tribune/ct-ptb-valpo-opioid-settlement-st-0522-20230521-u4qip4y54rbqjlb6bqq5xux56y-story.html

In the previous years, investor sentiment drove Cardinal Health to unjustified low valuation multiples and as the stock was clearly undervalued a reversion to the mean was reasonable (and had to be expected at some point).

Source: https://seekingalpha.com/article/4606963-cardinal-health-not-long-term-investment?source=feed_all_articles

JPMorgan Chase & Co. Increases Cardinal Health (NYSE:CAH) Price Target to $93.

Source: https://www.dailypolitical.com/2023/06/12/euro-tech-nasdaqclwt-now-covered-by-analysts-at-stocknews-com.html

Mizuho upped their price objective on Cardinal Health from $94.00 to $96.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 16th.

Source: https://www.dailypolitical.com/2023/10/08/dekabank-deutsche-girozentrale-acquires-3694-shares-of-cardinal-health-inc-nysecah.html

Moneta Group Investment Advisors LLC acquired a new stake in Cardinal Health during the fourth quarter valued at approximately $215,893,000.

Source: https://www.etfdailynews.com/2023/10/10/cardinal-health-inc-nysecah-shares-acquired-by-carmel-capital-partners-llc/

Robert W. Baird lifted their price objective on shares of Cardinal Health from $97.00 to $103.00 in a research note on Friday, June 9th.

Source: https://www.etfdailynews.com/2023/06/29/cardinal-health-inc-nysecah-stock-position-increased-by-allspring-global-investments-holdings-llc/

Stonebridge Capital Advisors LLC Invests $29,000 in Cardinal Health, Inc.

Source: https://www.americanbankingnews.com/2023/12/16/26700-shares-in-jabil-inc-nysejbl-purchased-by-virginia-retirement-systems-et-al.html