What Offers Centene Corporation (CNC) an Attractive Growth Outlook?

4 hours ago 1

Soumya Eswaran

Tue, April 14, 2026 astatine 9:07 AM CDT 3 min read

Oakmark Funds, advised by Harris Associates, released its “Oakmark Equity and Income Fund” Q4 2025 capitalist letter. Oakmark Equity and Income Fund’s nonsubjective is to present returns portion preserving and enhancing capital. A transcript of the missive tin beryllium downloaded here. The portfolio consists of US equities and fixed-income securities. The allocation was 56.1% successful equities, 40.2% successful fixed income, and 3.7% cash. The Fund (Investor Class) underperformed the 60% S&P 500 / 40% Bloomberg U.S. Aggregate Bond Index successful the 4th and has outperformed since its inception. The equity information of the portfolio generated -5.16% compared to -4.33% for the S&P 500 Index. The fixed income portfolio returned 0.09% compared to the Bloomberg U.S. Aggregate Bond Index’s 0.05% gain. In addition, you tin cheque the Fund’s apical 5 holdings to find its champion picks for 2026.

In its first-quarter 2026 capitalist letter, Oakmark Equity and Income Fund highlighted Centene Corporation (NYSE:CNC) arsenic a caller summation to its holdings. Centene Corporation (NYSE:CNC) is simply a US-based healthcare endeavor that offers services to under-insured and uninsured families and commercialized organizations. On April 13, 2026, Centene Corporation (NYSE:CNC) closed astatine $37.47 per share. One-month instrumentality of Centene Corporation (NYSE:CNC) was 8.01%, and its shares mislaid 39.40% implicit the past 52 weeks. Centene Corporation (NYSE:CNC) has a marketplace capitalization of $18.43 billion.

Oakmark Equity and Income Fund stated the pursuing regarding Centene Corporation (NYSE:CNC) successful its Q1 2026 capitalist letter:

"Centene Corporation (NYSE:CNC) is simply a managed attraction enactment focused connected authorities sponsored healthcare programs crossed the United States. The institution is the manufacture person successful authorities managed care, holding fig 1 marketplace stock successful Managed Medicaid and the ACA Marketplace. We judge healthcare outgo ostentation combined with a continued inclination toward states outsourcing the absorption of their Medicaid programs supports an charismatic maturation outlook for Centene. We besides judge competitory dynamics are favorable, arsenic regulatory complexity creates barriers to introduction and ample players similar Centene payment from economies of scale. The Man aged Medicaid and Health Exchange industries are presently facing profitability headwinds owed to a spike successful healthcare outgo ostentation and unfavorable changes successful authorities and national policies. In time, we judge pricing successful some Managed Medicaid and Health Exchanges volition drawback up to outgo ostentation and let the manufacture to recoup mislaid margin. We deliberation that this volition pb to a meaningful rebound successful net for Centene. We spot the market’s absorption connected short-term net arsenic creating an accidental to acquisition shares successful Centene astatine a discount to our estimation of intrinsic value."

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