THC

TENET HEALTHCARE CORP

NYSE · Services-General Medical & Surgical Hospitals, NEC · Inc. NV · CIK 0000070318
$174.66 +0.86% $15.0B
Insider Selling Cluster (2 insiders)29 New Institutional Positions20 Institutional ExitsCongressional Activity (2)
Vol
Market Cap$15.0B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (85%)
Inst. Holders50 funds
Inst. Value$9.5B
Inst. Activity29 buys / 20 sells
Insider Activity0B / 6S
Insider Net $-$9.7M
Reddit Sentiment67° Warm
SEC Reports2
Congressional3 trades
Exchange NYSE·Sector Services-General Medical & Surgical Hospitals, NEC·Inc. NV·CIK 0000070318·Prev Close $173.17

Recent Activity

Jun 11, 2026 short_volume
Short Volume: THC — 55.4% short (0.4M / 0.7M)
Short: 412,646 | Exempt: 0 | TRF Vol: 745,052 | Short Ratio: 55.4% | Off-exchange volume (dark pool
May 30, 2026 SEC
Two directors at Tenet Healthcare sold a combined $873K in open-market sales over a 2-day window, representing 0.006% of
CLUSTER — Impact 2/10
May 28, 2026 Insider
KERREY J ROBERT sold 1,969 shares
Director @ $173.12 ($340.9K)
May 27, 2026 Insider
Blunt Roy was granted 1,188 shares
Director
May 27, 2026 Insider
MARK RICHARD J was granted 1,188 shares
Director
Apr 15, 2026 Congress
Jonathan Jackson sell
$1,001 - $15,000 — House
Mar 4, 2026 SEC
Multiple Tenet Healthcare executives sold shares in the past week, with two open-market sales totaling $6.1 million. The
CLUSTER — Impact 6/10
Inst.
WELLINGTON MANAGEMENT GROUP LLP — DOUBLED
2,344,919 shares ($442.5M)

Price Targets

$243.62 +39.5% upside Strong Buy
Current $174.66 Low $210.00 Median $245.00 High $288.00 21 analysts
$210.00 $288.00

Analyst Ratings

Strong Buy85% buy · 27 analysts
6Strong Buy
17Buy
4Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 5, 2026 Barclays MAINTAIN Overweight → Overweight
May 5, 2026 Baird MAINTAIN Neutral → Neutral
May 4, 2026 Stephens & Co. MAINTAIN Overweight → Overweight
May 1, 2026 RBC Capital MAINTAIN Outperform → Outperform
May 1, 2026 Guggenheim MAINTAIN Buy → Buy

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $4.18 $3.58 — $4.47 4% YoY 19
Next Q $4.10 $3.67 — $4.61 11% YoY 19
Current FY $17.81 $16.83 — $18.65 6% YoY 20
Next FY $17.73 ▼ -0.5% $15.39 — $20.46 -0% YoY 20

Top Institutional Holders

FundValueMove
Erste Asset Management GmbH
BlackRock, Inc.$1.6B
FMR LLC$1.5B
VANGUARD PORTFOLIO MANAGEMENT LLC$814.6M
VANGUARD CAPITAL MANAGEMENT LLC$738.1M

Recent Insider Trades

DateInsiderTypeValue
May 28, 2026KERREY JSELL$340.9K
May 27, 2026Blunt RoyA$0.00
May 27, 2026MARK RICHARDA$0.00
May 27, 2026West NadjaSELL$532.0K
May 27, 2026West NadjaA$0.00

Reddit Sentiment

67°
Warm
Bearish Neutral Bullish
5 mentions 3 bullish 0 bearish

Congressional Trades

1 members: 0 buys, 3 sells
MemberPartyTypeAmount
Jonathan JacksonDSELL$15,001 - $50,000
Jonathan JacksonDSELL$1,001 - $15,000
Jonathan JacksonDSELL$1,001 - $15,000
50 institutional holders with $9.5B total value (50,534,080 shares) as of 2026-Q1. Top holders: Erste, BlackRock,, FMR. Net buying activity: 29 institutions added/increased vs 20 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1Erste Asset Management GmbH$0.000.0%
2BlackRock, Inc.8,704,644$1.6B17.2%
3FMR LLC7,776,579$1.5B15.4%
4VANGUARD PORTFOLIO MANAGEMENT LLC4,316,887$814.6M8.5%
5VANGUARD CAPITAL MANAGEMENT LLC3,911,408$738.1M7.7%
6STATE STREET CORP2,715,925$512.5M5.4%
7WELLINGTON MANAGEMENT GROUP LLP2,344,919$442.5M4.6%DOUBLED +106.5%
8LONE PINE CAPITAL LLC2,258,717$426.2M4.5%ADD +26.4%
9Invesco Ltd.1,787,016$337.2M3.5%
10AMERIPRISE FINANCIAL INC1,492,120$281.6M3.0%
11DIMENSIONAL FUND ADVISORS LP1,200,882$226.6M2.4%
12MORGAN STANLEY795,834$150.2M1.6%
13BANK OF AMERICA CORP /DE/771,825$145.7M1.5%TRIM -35.6%
14Allianz Asset Management GmbH768,168$145.0M1.5%
15VICTORY CAPITAL MANAGEMENT INC768,058$144.9M1.5%
16ALLIANCEBERNSTEIN L.P.699,157$138.9M1.5%
17Pacer Advisors, Inc.678,542$128.0M1.3%ADD +57.8%
18ARROWSTREET CAPITAL, LIMITED PARTNERSHIP671,700$126.8M1.3%ADD +57.4%
19CHARLES SCHWAB INVESTMENT MANAGEMENT INC651,944$123.0M1.3%
20VANGUARD FIDUCIARY TRUST CO544,553$102.8M1.1%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
WELLINGTON MANAGEMENT GROUP LLPDOUBLED1,135,8012,344,919+106.5%$442.5M2026-Q1
LONE PINE CAPITAL LLCADD1,787,3262,258,717+26.4%$426.2M2026-Q1
BANK OF AMERICA CORP /DE/TRIM1,198,072771,825-35.6%$145.7M2026-Q1
Pacer Advisors, Inc.ADD430,060678,542+57.8%$128.0M2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPADD426,799671,700+57.4%$126.8M2026-Q1
Capital World InvestorsNEW491,957$92.8M2026-Q1
Nuveen, LLCTRIM1,155,677480,031-58.5%$90.6M2026-Q1
FRANKLIN RESOURCES INCADD270,761414,167+53.0%$78.2M2026-Q1
Clearbridge Investments, LLCADD134,261243,674+81.5%$46.0M2026-Q1
Gotham Asset Management, LLCADD109,667145,174+32.4%$27.4M2026-Q1
CAPITOLIS LIQUID GLOBAL MARKETS LLCDOUBLED28,700142,974+398.2%$27.0M2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDDOUBLED20,077127,677+535.9%$24.1M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCTRIM364,487127,444-65.0%$24.0M2026-Q1
Pentwater Capital Management LPNEW125,000$23.6M2026-Q1
Assenagon Asset Management S.A.ADD62,808123,501+96.6%$23.3M2026-Q1
FRED ALGER MANAGEMENT, LLCTRIM148,117110,660-25.3%$20.9M2026-Q1
Freestone Grove Partners LPNEW104,187$19.7M2026-Q1
WCM INVESTMENT MANAGEMENT, LLCNEAR_EXIT400,96894,729-76.4%$17.8M2026-Q1
ADAGE CAPITAL PARTNERS GP, L.L.C.TRIM191,85492,373-51.9%$17.4M2026-Q1
NOMURA HOLDINGS INCDOUBLED9,14386,385+844.8%$16.3M2026-Q1
LOS ANGELES CAPITAL MANAGEMENT LLCDOUBLED9,11273,085+702.1%$13.8M2026-Q1
Horizon Investments, LLCDOUBLED30,05261,897+106.0%$11.7M2026-Q1
O'SHAUGHNESSY ASSET MANAGEMENT, LLCADD37,87855,005+45.2%$10.4M2026-Q1
Trexquant Investment LPDOUBLED3,34250,903+1423.1%$9.6M2026-Q1
FIFTH THIRD BANCORPDOUBLED1,11845,659+3984.0%$8.6M2026-Q1
17 unique insiders with 50 transactions. Net insider value: -$9.7M ($0.00 bought, $9.7M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 28, 2026KERREY J ROBERTDirectorSELL1,969$173.12$340.9K
May 27, 2026Blunt RoyDirectorAWARD1,188
May 27, 2026MARK RICHARD JDirectorAWARD1,188
May 27, 2026West NadjaDirectorSELL3,000$177.35$532.0K
May 27, 2026West NadjaDirectorAWARD1,188
May 27, 2026Romo TammyDirectorAWARD1,188
May 27, 2026HANEY CECIL DDirectorAWARD1,188
May 27, 2026Lynch Christopher S.DirectorAWARD1,188
May 27, 2026KERREY J ROBERTDirectorAWARD1,464
May 27, 2026Fitzgerald MeghanDirectorAWARD1,188
May 27, 2026Agarwala VineetaDirectorAWARD1,188
May 27, 2026FISHER RICHARD WDirectorAWARD1,188
May 27, 2026BIERMAN JAMES LDirectorAWARD1,188
May 22, 2026Blunt RoyDirectorEXERCISE1,333
May 22, 2026Blunt RoyDirectorD493$173.78$85.7K
May 22, 2026KERREY J ROBERTDirectorEXERCISE1,643
May 22, 2026KERREY J ROBERTDirectorD607$173.78$105.5K
May 22, 2026HANEY CECIL DDirectorEXERCISE1,333
May 22, 2026Romo TammyDirectorEXERCISE1,333
May 22, 2026FISHER RICHARD WDirectorEXERCISE1,333
May 22, 2026MARK RICHARD JDirectorEXERCISE1,333
May 22, 2026Romo TammyDirectorD493$173.78$85.7K
May 22, 2026FISHER RICHARD WDirectorD493$173.78$85.7K
May 22, 2026West NadjaDirectorEXERCISE1,333
May 22, 2026West NadjaDirectorD493$173.78$85.7K
May 22, 2026Fitzgerald MeghanDirectorEXERCISE1,333
May 22, 2026Fitzgerald MeghanDirectorD493$173.78$85.7K
May 22, 2026MARK RICHARD JDirectorD493$173.78$85.7K
May 22, 2026Agarwala VineetaDirectorEXERCISE1,333
May 22, 2026HANEY CECIL DDirectorD493$173.78$85.7K
May 22, 2026BIERMAN JAMES LDirectorEXERCISE1,333
May 22, 2026Lynch Christopher S.DirectorEXERCISE1,333
Mar 11, 2026Arbour Paola MEVP, Chief Information OfficerSELL6,500$238.43$1.5M
Mar 9, 2026Arnst Thomas WEVP, Chief Admin. Officer & GCSELL4,714$238.42$1.1M
Mar 2, 2026Arnst Thomas WEVP, Chief Admin. Officer & GCSELL24,000$234.04$5.6M
Mar 2, 2026Ramsey R. ScottPrincipal Accounting OfficerSELL2,125$230.98$490.8K
Feb 27, 2026Ramsey R. ScottPrincipal Accounting OfficerEXERCISE1,400
Feb 27, 2026Arbour Paola MEVP, Chief Information OfficerEXERCISE1,868
Feb 27, 2026Ramsey R. ScottPrincipal Accounting OfficerEXERCISE934
Feb 27, 2026Arnst Thomas WEVP, Chief Admin. Officer & GCEXERCISE5,604
Feb 27, 2026Sutaria SaumyaCEOEXERCISE22,417
Feb 27, 2026Sutaria SaumyaCEOAWARD36,092
Feb 27, 2026Sutaria SaumyaCEOEXERCISE36,384
Feb 27, 2026Park SunEVP & Chief Financial OfficerEXERCISE4,670
Feb 27, 2026Park SunEVP & Chief Financial OfficerAWARD7,520
Feb 27, 2026Arbour Paola MEVP, Chief Information OfficerEXERCISE2,799
Feb 27, 2026Foo Lisa YEVP, Chief Operating OfficerEXERCISE4,670
Feb 27, 2026Foo Lisa YEVP, Chief Operating OfficerAWARD7,520
Feb 27, 2026Foo Lisa YEVP, Chief Operating OfficerEXERCISE4,199
Feb 27, 2026Arnst Thomas WEVP, Chief Admin. Officer & GCAWARD7,520

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Buy (85% buy). Based on 27 analysts: 6 strong buy, 17 buy, 4 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$243.62 mean target +39.5% upside Strong Buy (1.45)
$210.00 Low $288.00 High
MetricValue
Current Price$174.66
Target Low$210.00
Target Mean$243.62
Target Median$245.00
Target High$288.00
# Analysts21
RecommendationStrong Buy (1.45)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$4.18 $3.58 $4.47 4.0% -0.3% 5↑ 12↓ $5.4B 2.9% 19
Next Q
2026-09-30
$4.10 $3.67 $4.61 10.8% -0.1% 8↑ 10↓ $5.5B 3.2% 19
Current FY
2026-12-31
$17.81 $16.83 $18.65 6.1% +0.1% 17↑ 2↓ $22.0B 3.2% 20
Next FY
2027-12-31
$17.73 $15.39 $20.46 -0.5% -0.5% 15↑ 4↓ $22.4B 1.6% 20

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$4.182
7d ago$4.182
30d ago$4.193-0.011
60d ago$4.255-0.073
90d ago$4.238-0.056
13 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 5, 2026 Barclays MAINTAIN Overweight Overweight
May 5, 2026 Baird MAINTAIN Neutral Neutral
May 4, 2026 Stephens & Co. MAINTAIN Overweight Overweight
May 1, 2026 RBC Capital MAINTAIN Outperform Outperform
May 1, 2026 Guggenheim MAINTAIN Buy Buy
May 1, 2026 Wells Fargo MAINTAIN Overweight Overweight
May 1, 2026 Keybanc MAINTAIN Overweight Overweight
Mar 12, 2026 Guggenheim MAINTAIN Buy Buy
Mar 12, 2026 Mizuho MAINTAIN Outperform Outperform
Feb 20, 2026 Leerink Partners MAINTAIN Outperform Outperform
Feb 17, 2026 Truist Securities MAINTAIN Buy Buy
Feb 13, 2026 Barclays MAINTAIN Overweight Overweight
Feb 13, 2026 Guggenheim MAINTAIN Buy Buy
Feb 12, 2026 Jefferies MAINTAIN Buy Buy
Feb 12, 2026 RBC Capital MAINTAIN Outperform Outperform
Feb 12, 2026 UBS MAINTAIN Buy Buy
Feb 12, 2026 Keybanc MAINTAIN Overweight Overweight
Feb 3, 2026 RBC Capital MAINTAIN Outperform Outperform
Jan 7, 2026 Wells Fargo MAINTAIN Overweight Overweight
Jan 7, 2026 TD Cowen MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 202661740085%
May 1, 202661740085%
Apr 1, 202661840086%
Mar 1, 202661840086%
Feb 1, 202661840086%
Jan 1, 202661840086%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 0 buys, 3 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Apr 20, 2026Jonathan JacksonDHOUSESELL$15,001 - $50,000Tenet Healthcare CorpMay 28, 2026 (39d)
Apr 15, 2026Jonathan JacksonDHOUSESELL$1,001 - $15,000Tenet Healthcare CorpMay 28, 2026 (44d)
Feb 11, 2026Jonathan JacksonDHOUSESELL$1,001 - $15,000Tenet Healthcare CorpMar 13, 2026 (31d)
67°
Warm
Bearish Neutral Bullish
5 mentions 3 bullish 0 bearish 5 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 20, 2026150° Neutral001
May 20, 2026150° Neutral001
Mar 20, 2026160° Warm101
Mar 20, 2026160° Warm101
Feb 5, 2026160° Warm101

Recent Reddit Threads

Jun 11, 2026
short_volume
Short Volume: THC — 55.4% short (0.4M / 0.7M)
Short: 412,646 | Exempt: 0 | TRF Vol: 745,052 | Short Ratio: 55.4% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: THC — 58.8% short (0.4M / 0.7M)
Short: 428,995 | Exempt: 0 | TRF Vol: 729,356 | Short Ratio: 58.8% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: THC — 2.4M shares, 45,433 trades
Week starting 2026-05-18. Total ATS volume: 2,359,289 shares across 45,433 trades.
May 11, 2026
dark_pool
Dark Pool: THC — 2.0M shares, 43,009 trades
Week starting 2026-05-11. Total ATS volume: 2,021,813 shares across 43,009 trades.
May 4, 2026
dark_pool
Dark Pool: THC — 2.3M shares, 54,320 trades
Week starting 2026-05-04. Total ATS volume: 2,315,807 shares across 54,320 trades.
Apr 30, 2026
earnings_calendar
THC Q1 2026 Earnings After Market Close — 2026-04-30
Apr 27, 2026
dark_pool
Dark Pool: THC — 4.1M shares, 67,049 trades
Week starting 2026-04-27. Total ATS volume: 4,141,433 shares across 67,049 trades.
Apr 22, 2026
short_volume
Short Volume: THC — 60.7% short (0.3M / 0.6M)
Short: 345,732 | Exempt: 2 | TRF Vol: 569,647 | Short Ratio: 60.7% | Off-exchange volume (dark pool + OTC)
Apr 20, 2026
dark_pool
Dark Pool: THC — 2.7M shares, 46,656 trades
Week starting 2026-04-20. Total ATS volume: 2,734,745 shares across 46,656 trades.
Apr 13, 2026
dark_pool
Dark Pool: THC — 1.8M shares, 42,495 trades
Week starting 2026-04-13. Total ATS volume: 1,799,980 shares across 42,495 trades.
Apr 6, 2026
dark_pool
Dark Pool: THC — 2.1M shares, 45,426 trades
Week starting 2026-04-06. Total ATS volume: 2,105,104 shares across 45,426 trades.
Mar 31, 2026
short_volume
Short Volume: THC — 59.3% short (0.4M / 0.6M)
Short: 362,866 | Exempt: 0 | TRF Vol: 611,699 | Short Ratio: 59.3% | Off-exchange volume (dark pool + OTC)
Mar 30, 2026
dark_pool
Dark Pool: THC — 1.2M shares, 31,942 trades
Week starting 2026-03-30. Total ATS volume: 1,238,543 shares across 31,942 trades.
Mar 23, 2026
dark_pool
Dark Pool: THC — 1.1M shares, 32,589 trades
Week starting 2026-03-23. Total ATS volume: 1,123,408 shares across 32,589 trades.
Mar 16, 2026
dark_pool
Dark Pool: THC — 1.8M shares, 46,564 trades
Week starting 2026-03-16. Total ATS volume: 1,797,654 shares across 46,564 trades.