Published on 28 Apr 2024 on Simply Wall St. via Yahoo Finance
Key Insights
Institutions' substantial holdings in McKesson implies that they have significant influence over the company's share priceThe top 23 shareholders own 50% of the companyUsing data from analyst forecasts alongside ownership research, one can better assess the future performance of a company
To get a sense of who is truly in control of McKesson Corporation (NYSE:MCK), it is important to understand the ownership structure of the business. We can see that institutions own the lion's share in the company with 88% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.