• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Tenet Healthcare Corporation (Amendment)

    2/14/23 4:46:22 PM ET
    $THC
    Hospital/Nursing Management
    Health Care
    Get the next $THC alert in real time by email
    SC 13G/A 1 formsc13ga-02142023_090215.htm FORM schedule-13g


     
     


    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    SCHEDULE 13G/A
    Under the Securities Exchange Act of 1934
    (Amendment No. 11)*


     
    Tenet Healthcare Corporation
    (Name of Issuer)
    Common stock, $0.05 par value
    (Title of Class of Securities)
    88033G407
    (CUSIP Number)
    December 31 , 2022
    (Date of Event Which Requires Filing of this Statement)
    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    [ x ] Rule 13d-1(b)

    [   ] Rule 13d-1(c)

    [   ] Rule 13d-1(d)



    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.


    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
     
     


     
    CUSIP No. 88033G407
      (1)   

    Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

     

        Harris Associates L.P.

        04-3276558

      (2)  
    Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  
    (b)  
      (3)  

    SEC Use Only

     

      (4)  

    Citizenship or Place of Organization

     

        US

    Number of

    Shares

    Beneficially

    Owned by

    Each

    Reporting

    Person

    With

       (5)    

    Sole Voting Power

     

        2,836,239

       (6)   

    Shared Voting Power

     

        0

       (7)   

    Sole Dispositive Power

     

        5,463,374

       (8)   

    Shared Dispositive Power

     

        0

    (9)

     

    Aggregate Amount Beneficially Owned by Each Reporting Person

     

        5,463,374

    (10)

     

    Check if the Aggregate Amount in Row (9) Excludes Certain Shares   [   ]

     

        (See Instructions)

    (11)

     

    Percent of Class Represented by Amount in Row (9)

     

        5.1%

    (12)

     

    Type of Reporting Person (See Instructions)

     

        IA


    CUSIP No. 88033G407
      (1)   

    Names of Reporting Persons/ I.R.S. Identification Nos. of Above Persons (Entities Only)

     

        Harris Associates, Inc.

        04-3276549

      (2)  
    Check the Appropriate Box if a Member of a Group (See Instructions)
    (a)  
    (b)  
      (3)  

    SEC Use Only

     

      (4)  

    Citizenship or Place of Organization

     

        US

    Number of

    Shares

    Beneficially

    Owned by

    Each

    Reporting

    Person

    With

       (5)    

    Sole Voting Power

     

        2,836,239

       (6)   

    Shared Voting Power

     

        0

       (7)   

    Sole Dispositive Power

     

        5,463,374

       (8)   

    Shared Dispositive Power

     

        0

    (9)

     

    Aggregate Amount Beneficially Owned by Each Reporting Person

     

        5,463,374

    (10)

     

    Check if the Aggregate Amount in Row (9) Excludes Certain Shares   [   ]

     

        (See Instructions)

    (11)

     

    Percent of Class Represented by Amount in Row (9)

     

        5.1%

    (12)

     

    Type of Reporting Person (See Instructions)

     

        CO


    Item 1.
    (a) Name of Issuer
    Tenet Healthcare Corporation
    (b) Address of Issuer's Principal Executive Offices
    14201 Dallas Parkway
    Dallas, Texas, 75254

    Item 2.
    (a) Name of Person Filing
    Harris Associates L.P. ("Harris")
    Harris Associates, Inc. ("General Partner")

    **Harris Associates, Inc., for itself and as General Partner
    (b) Address of Principal Business Office or, if none, Residence
    111 South Wacker Drive Suite 4600, Chicago, IL 60606
    (c) Citizenship
    See Item 4 on the cover page(s) hereto.
    (d) Title of Class of Securities
    Common stock, $0.05 par value
    (e) CUSIP Number
    88033G407

    Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a)
    [   ]
    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
    (b)
    [   ]
    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
    (c)
    [   ]
    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
    (d)
    [   ]
    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);
    (e)
    [ x ]
    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
    (f)
    [   ]
    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
    (g)
    [   ]
    A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
    (h)
    [   ]
    A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i)
    [   ]
    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j)
    [   ]
    Group, in accordance with §240.13d-1(b)(1)(ii)(J).

    Item 4.
    (a) Amount beneficially owned:
    By reason of advisory and other relationships with the person who owns the Shares, Harris may be deemed to be the beneficial owner of the shares specified in Item 9 on the cover page(s) hereto. Harris has been granted the power to vote Shares in circumstances it determines to be appropriate in connection with assisting its advised clients to whom it renders financial advice in the ordinary course of business, by either providing information or advice to the persons having such power, or by exercising the power to vote.
    (b) Percent of class:
    See Item 11 on the cover page(s) hereto.
    (c) Number of shares as to which the person has:
    (i) Sole power to vote or to direct the vote
    See Item 5 on the cover page(s) hereto.
    (ii) Shared power to vote or to direct the vote
    See Item 6 on the cover page(s) hereto.
    (iii) Sole power to dispose or to direct the disposition of
    See Item 7 on the cover page(s) hereto.
    (iv) Shared power to dispose or to direct the disposition of
    See Item 8 on the cover page(s) hereto.

    Item 5. Ownership of Five Percent or Less of a Class
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [   ]

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.
    N/A

    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
    N/A

    Item 8. Identification and Classification of Members of the Group.
    Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d).

    Item 9. Notice of Dissolution of Group.
    N/A

    Item 10. Certification.
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
     


     
    SIGNATURES
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     
    Date:   February 14, 2023
    Harris Associates L.P.
    By: /s/ Rana J. Wright

    Name: Rana J. Wright
    Title: Chief Administrative Officer, General Counsel and Secretary


    Get the next $THC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $THC

    DatePrice TargetRatingAnalyst
    4/15/2025$137.00Outperform → Neutral
    Robert W. Baird
    3/26/2025$165.00Overweight
    Morgan Stanley
    2/26/2025$175.00Buy
    TD Cowen
    12/17/2024$175.00Overweight
    Analyst
    12/16/2024$196.00 → $140.00Buy → Neutral
    Goldman
    11/25/2024$205.00 → $150.00Overweight → Equal Weight
    Wells Fargo
    11/22/2024$195.00Strong Buy → Outperform
    Raymond James
    10/11/2024$200.00Overweight
    KeyBanc Capital Markets
    More analyst ratings

    $THC
    Leadership Updates

    Live Leadership Updates

    See more
    • Tenet Healthcare Appoints Vineeta Agarwala to Board of Directors

      Tenet Healthcare Corporation (NYSE:THC) today announced the appointment of Vineeta Agarwala, M.D., PhD, to its Board of Directors, effective immediately. Dr. Agarwala will serve as a member of the Quality, Compliance, and Ethics Committee, as well as the Human Resources Committee, increasing the size of the Board to 13 directors. "We are pleased to welcome Dr. Vineeta Agarwala to the Tenet Board," said Saum Sutaria, M.D., Chairman and Chief Executive Officer of Tenet. "Vineeta is a leader in healthcare in her own right. Her expertise in innovative technologies, including applications of artificial intelligence will enhance our governance in a rapidly evolving healthcare marketplace." Dr

      12/13/23 4:05:00 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Tenet Healthcare Appoints Senator Roy Blunt to Board of Directors

      Tenet Healthcare Corporation (NYSE:THC) today announced the appointment of Senator Roy Blunt to the Tenet Board of Directors, effective immediately. Senator Blunt will serve as a member of the Audit Committee, Nominating and Corporate Governance Committee, and Environmental, Social, and Governance Committee. This appointment expands the Board to 12 directors, 11 of whom are independent members. "We are pleased to welcome Senator Roy Blunt as a new board member," said Saum Sutaria, M.D., Chief Executive Officer of Tenet. "With more than 25 years of legislative experience, Roy's expertise in public policy and addressing cross-cutting issues will be invaluable to helping Tenet make a lasting

      8/10/23 4:05:00 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Tenet Healthcare Names CEO Saum Sutaria as Chairman of the Board

      Tenet Healthcare Corporation (NYSE:THC) today announced that its Board of Directors has elected Chief Executive Officer, Saum Sutaria, M.D., to assume the additional position of Chairman, effective immediately. Sutaria succeeds Senator J. Robert Kerrey, who will transition to Lead Director of the Board, a role he previously held from 2017- 2022. Sutaria has served as Tenet Healthcare's CEO since September 2021 and a member of the Board of Directors since 2020. Previously, he served as the Company's Chief Operating Officer. "The appointment of Saum to Chairman is a testament to his steadfast leadership and commitment to Tenet Healthcare," said Senator J. Robert Kerrey, Lead Director. "Th

      8/10/23 6:45:00 AM ET
      $THC
      Hospital/Nursing Management
      Health Care

    $THC
    Financials

    Live finance-specific insights

    See more
    • Tenet to Report Its First Quarter 2025 Results on April 29th

      Tenet Healthcare Corporation (NYSE:THC) will release its first quarter 2025 results before the market opens on Tuesday, April 29, 2025, to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time). A live webcast and audio archive of the call may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. About Tenet Healthcare Tenet Healthcare Corporation (NYSE:THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals. We als

      4/9/25 9:00:00 AM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Tenet to Report its Fourth Quarter 2024 Results on February 12th

      Tenet Healthcare Corporation (NYSE:THC) will release its fourth quarter 2024 results before the market opens on Wednesday, February 12, 2025, to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time). A live webcast and audio archive of the call may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. About Tenet Healthcare Tenet Healthcare Corporation (NYSE:THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospital

      1/13/25 9:00:00 AM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Tenet to Report its Third Quarter 2024 Results on October 29th

      Tenet Healthcare Corporation (NYSE:THC) will release its third quarter 2024 results before the market opens on Tuesday, October 29, 2024, to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time). A live webcast and audio archive of the call may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. About Tenet Healthcare Tenet Healthcare Corporation (NYSE:THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals. We a

      10/2/24 9:00:00 AM ET
      $THC
      Hospital/Nursing Management
      Health Care

    $THC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Kerrey J Robert sold $1,194,752 worth of shares (9,525 units at $125.43), decreasing direct ownership by 26% to 27,378 units (SEC Form 4)

      4 - TENET HEALTHCARE CORP (0000070318) (Issuer)

      3/12/25 7:00:05 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • EVP, Chief Admin. Officer & GC Arnst Thomas W gifted 16,000 shares, decreasing direct ownership by 62% to 9,786 units (SEC Form 4)

      4 - TENET HEALTHCARE CORP (0000070318) (Issuer)

      3/12/25 7:00:03 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Director Haney Cecil D sold $310,650 worth of shares (2,500 units at $124.26), decreasing direct ownership by 17% to 12,035 units (SEC Form 4)

      4 - TENET HEALTHCARE CORP (0000070318) (Issuer)

      3/5/25 8:00:08 PM ET
      $THC
      Hospital/Nursing Management
      Health Care

    $THC
    SEC Filings

    See more
    • SEC Form 10-Q filed by Tenet Healthcare Corporation

      10-Q - TENET HEALTHCARE CORP (0000070318) (Filer)

      4/29/25 4:04:13 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Tenet Healthcare Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - TENET HEALTHCARE CORP (0000070318) (Filer)

      4/29/25 6:46:27 AM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • SEC Form PX14A6G filed by Tenet Healthcare Corporation

      PX14A6G - TENET HEALTHCARE CORP (0000070318) (Subject)

      4/17/25 10:54:57 AM ET
      $THC
      Hospital/Nursing Management
      Health Care

    $THC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Tenet Healthcare downgraded by Robert W. Baird with a new price target

      Robert W. Baird downgraded Tenet Healthcare from Outperform to Neutral and set a new price target of $137.00

      4/15/25 9:28:30 AM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Morgan Stanley initiated coverage on Tenet Healthcare with a new price target

      Morgan Stanley initiated coverage of Tenet Healthcare with a rating of Overweight and set a new price target of $165.00

      3/26/25 7:51:37 AM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • TD Cowen initiated coverage on Tenet Healthcare with a new price target

      TD Cowen initiated coverage of Tenet Healthcare with a rating of Buy and set a new price target of $175.00

      2/26/25 8:12:37 AM ET
      $THC
      Hospital/Nursing Management
      Health Care

    $THC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Tenet to Participate in BofA Securities 2025 Health Care Conference

      Tenet Healthcare Corporation (NYSE:THC) is scheduled to present at the BofA Securities 2025 Health Care Conference on Tuesday, May 13, 2025, beginning at 1:40 p.m. Eastern time. A live webcast and audio archive of the event may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. The replay will be available for 30 days. About Tenet Healthcare Tenet Healthcare Corporation (NYSE:THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals.

      5/9/25 4:00:00 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Tenet Reports Strong First Quarter 2025 Results

      Net income available to common shareholders in first quarter 2025 was $406 million, or $4.27 per diluted share Adjusted diluted earnings per share1 increased 35.4% to $4.36 in first quarter 2025 compared to $3.22 in first quarter 2024 Consolidated Adjusted EBITDA1 in first quarter 2025 increased 13.6% to $1.163 billion compared to first quarter 2024; First quarter 2025 Adjusted EBITDA margin was 22.3% First quarter 2025 Ambulatory Care Adjusted EBITDA of $456 million increased 15.7% over first quarter 2024 FY 2025 Adjusted EBITDA Outlook is expected to be in the range of $3.975 billion to $4.175 billion Tenet Healthcare Corporation (Tenet) (NYSE:THC) today announced its results f

      4/29/25 6:45:00 AM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Tenet to Report Its First Quarter 2025 Results on April 29th

      Tenet Healthcare Corporation (NYSE:THC) will release its first quarter 2025 results before the market opens on Tuesday, April 29, 2025, to be followed by a conference call at 9:00 a.m. CT (10:00 a.m. Eastern Time). A live webcast and audio archive of the call may be accessed through the investor relations section of Tenet's website at www.tenethealth.com/investors. About Tenet Healthcare Tenet Healthcare Corporation (NYSE:THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals. We als

      4/9/25 9:00:00 AM ET
      $THC
      Hospital/Nursing Management
      Health Care

    $THC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Tenet Healthcare Corporation

      SC 13G/A - TENET HEALTHCARE CORP (0000070318) (Subject)

      11/14/24 4:17:18 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • Amendment: SEC Form SC 13G/A filed by Tenet Healthcare Corporation

      SC 13G/A - TENET HEALTHCARE CORP (0000070318) (Subject)

      11/14/24 1:22:34 PM ET
      $THC
      Hospital/Nursing Management
      Health Care
    • SEC Form SC 13G filed by Tenet Healthcare Corporation

      SC 13G - TENET HEALTHCARE CORP (0000070318) (Subject)

      11/12/24 10:34:15 AM ET
      $THC
      Hospital/Nursing Management
      Health Care