Murphy Middleton Hinkle & Parker Inc. Invests $5.94 Million in Elevance Health

The investment firm acquired a new stake in the healthcare company during the fourth quarter.

Mar. 24, 2026 at 10:39am

Murphy Middleton Hinkle & Parker Inc. acquired a new stake in Elevance Health, Inc. (NYSE:ELV) in the 4th quarter, according to a disclosure with the SEC. The firm purchased 16,948 shares of the company's stock, valued at approximately $5,941,000. Elevance Health now makes up about 1.7% of Murphy Middleton Hinkle & Parker Inc.'s portfolio, making it the firm's 11th largest holding.

Why it matters

This investment highlights the continued institutional interest in Elevance Health, one of the largest health benefits companies in the United States. As the healthcare industry evolves, investors are closely watching how major players like Elevance Health navigate the changing landscape.

The details

Murphy Middleton Hinkle & Parker Inc. acquired the new stake in Elevance Health during the fourth quarter of 2025. The investment firm purchased 16,948 shares of the company's stock, valued at approximately $5,941,000. This new position makes Elevance Health the 11th largest holding in Murphy Middleton Hinkle & Parker Inc.'s portfolio, accounting for around 1.7% of the firm's total assets.

  • The new stake in Elevance Health was acquired by Murphy Middleton Hinkle & Parker Inc. in the fourth quarter of 2025.

The players

Murphy Middleton Hinkle & Parker Inc.

An investment firm that acquired a new stake in Elevance Health, Inc. during the fourth quarter of 2025.

Elevance Health, Inc.

A large U.S.-based health benefits company that provides a broad range of health insurance products and related services.

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The takeaway

This investment by Murphy Middleton Hinkle & Parker Inc. reflects the continued institutional interest in Elevance Health, a major player in the evolving healthcare industry. As the company navigates changes in the sector, investors will be closely watching its performance and strategic moves.