{"id":292365,"date":"2025-10-10T16:23:23","date_gmt":"2025-10-10T16:23:23","guid":{"rendered":"https:\/\/www.europesays.com\/us\/292365\/"},"modified":"2025-10-10T16:23:23","modified_gmt":"2025-10-10T16:23:23","slug":"heres-what-impacted-centene-corporation-cnc-in-q3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/292365\/","title":{"rendered":"Here\u2019s What Impacted Centene Corporation (CNC) in Q3"},"content":{"rendered":"\n

Oakmark Funds, advised by\u00a0Harris Associates<\/a>, released its \u201cOakmark Fund\u201d third-quarter 2025 investor letter. A copy of the letter can be downloaded here<\/a>. In the third quarter, the fund underperformed its benchmark, the S&P 500 Index, but outperformed the benchmark since inception. The largest contributors to performance were financials and energy, at the sector level, while health care and consumer staples detracted. In addition, you can check the fund\u2019s top 5 holdings to determine its best picks for 2025.<\/p>\n

In its third-quarter 2025 investor letter, Oakmark Fund highlighted stocks such as Centene Corporation (NYSE:CNC<\/a>). Centene Corporation (NYSE:CNC) is a healthcare enterprise that offers services to under-insured and uninsured families and commercial organizations. The one-month return of Centene Corporation (NYSE:CNC) was 12.92%, and its shares lost 48.16% of their value over the last 52 weeks. On October 9, 2025, Centene Corporation (NYSE:CNC) stock closed at $37.83 per share, with a market capitalization of $18.432 billion.<\/p>\n

Oakmark Fund stated the following regarding Centene Corporation (NYSE:CNC) in its third quarter 2025 investor letter:<\/p>\n

\n

“Centene Corporation<\/strong> (NYSE:CNC) was the top detractor during the quarter. The U.S.-headquartered managed care company\u2019s stock price declined after it withdrew its 2025 earnings per share guidance and subsequently reinstated it at a much lower level. This negative revision was caused by cost pressure in the company\u2019s Medicaid and Marketplace businesses. While today\u2019s valuation seems to imply that the headwinds impacting Centene are structural, we believe they\u2019re attributable to temporary factors and expect a meaningful earnings recovery in the coming years.”<\/p>\n<\/blockquote>\n

\"Centene Centene (CNC) Falls 11.1% on Investor Caution Ahead of Q2 <\/p>\n

Centene Corporation (NYSE:CNC) is not on our list of\u00a030 Most Popular Stocks Among Hedge Funds<\/a>. According to our database, 59 hedge fund portfolios held Centene Corporation (NYSE:CNC) at the end of the second quarter, compared to 64 in the previous quarter.\u00a0 While we acknowledge the potential of Centene Corporation (NYSE:CNC) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/strong><\/a>.<\/p>\n

In\u00a0another article<\/a>, we covered Centene Corporation (NYSE:CNC) and shared the list of lowest PE ratio S&P 500 stocks. In addition, please check out our hedge fund investor letters Q3 2025<\/a>\u00a0page for more investor letters from hedge funds and other leading investors.<\/p>\n","protected":false},"excerpt":{"rendered":"Oakmark Funds, advised by\u00a0Harris Associates, released its \u201cOakmark Fund\u201d third-quarter 2025 investor letter. A copy of the letter…\n","protected":false},"author":3,"featured_media":292366,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[149760,210,1141,1142,76947,149761,149762,67,132,68],"class_list":{"0":"post-292365","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-health-care","8":"tag-centene-corporation","9":"tag-health","10":"tag-health-care","11":"tag-healthcare","12":"tag-investor-letter","13":"tag-oakmark-fund","14":"tag-oakmark-funds","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115350801013385109","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/292365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=292365"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/292365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/292366"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=292365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=292365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=292365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}