Raiffeisen Bank International AG Has $26.66 Million Position in Core & Main, Inc. $CNM
Raiffeisen Bank International AG increased its stake in Core & Main, Inc. (NYSE:CNM) by 3.8% in Q3, now owning 497,051 shares valued at $26.66 million. Institutional investors collectively own 94.19% of Core & Main, with notable new positions from Norges Bank and Jennison Associates. Core & Main recently beat Q3 EPS estimates, announced a $500 million share buyback, and has an average "Moderate Buy" rating from analysts with a target price of $62.00.
1,000,000 Shares in Core & Main, Inc. $CNM Bought by Bornite Capital Management LP
Bornite Capital Management LP has acquired a new stake of 1,000,000 shares in Core & Main, Inc. (NYSE:CNM), valued at approximately $53.83 million, making it their 7th largest holding. This purchase represents 0.51% of Core & Main's outstanding shares and constitutes about 5.0% of Bornite's overall portfolio. The investment coincides with Core & Main's announcement of a $500 million share buyback program and a recent earnings beat, with analysts generally maintaining a "Moderate Buy" rating with an average price target of $62.00.
Envestnet Asset Management Inc. Has $11.74 Million Stock Position in Core & Main, Inc. $CNM
Envestnet Asset Management Inc. significantly increased its stake in Core & Main (NYSE:CNM) by 16.1% in the third quarter, now holding 218,050 shares valued at $11.74 million. This move comes as Core & Main reported strong Q3 earnings, surpassing analyst expectations, and authorized a $500 million share buyback program. The company maintains a "Moderate Buy" consensus rating from analysts, with a target price of $62.00.
Southeast Asset Advisors LLC Has $3.13 Million Stake in Core & Main, Inc. $CNM
Southeast Asset Advisors LLC decreased its stake in Core & Main, Inc. by 23.1% in the third quarter, reducing its holdings to 58,229 shares valued at $3.13 million. Despite this, other institutional investors increased their positions, and 94.19% of the stock is held by institutional investors. Core & Main recently reported strong quarterly earnings, beating expectations, and authorized a $500 million share buyback, while analysts maintain a "Moderate Buy" rating with a consensus target price of $62.00.
Precision Trading with Core & Main Inc. Class A (CNM) Risk Zones
This article provides an in-depth analysis of Core & Main Inc. Class A (CNM) with a focus on risk zones and trading strategies powered by AI. It identifies a strong near-term sentiment and a significant risk-reward setup, offering specific entry, target, and stop-loss levels for position trading, momentum breakout, and risk-hedging strategies. The analysis highlights neutral mid and long-term outlooks, with AI-generated signals for various time horizons.
Core & Main Inc-Class A (NYSE:CNM) Shows High-Setup Technical Breakout Potential
Core & Main Inc-Class A (NYSE:CNM) is identified as a potential technical breakout candidate due to its high technical condition rating and strong setup quality score. ChartMill's analysis indicates a positive short-term trend, adherence to key moving averages, and outperformance compared to 72% of other stocks over the last year. The stock also exhibits a narrow, low-volatility resting pattern, suggesting it is consolidating before a potential upward move, with a clear resistance level at $59.10 and support at $54.76.
Core & Main (NYSE:CNM) Stock Rating Lowered by Zacks Research
Zacks Research has downgraded Core & Main (NYSE:CNM) from a "strong-buy" to a "hold" rating, despite the broader analyst consensus remaining a "Moderate Buy" with an average price target of $62. The company recently exceeded quarterly EPS estimates and announced a $500 million share buyback program, suggesting management perceives the stock as undervalued. Core & Main's stock currently trades around $57.65, possesses a market cap of $11.27 billion, and has significant institutional ownership.
Wells Fargo expresses caution on Core & Main (CNM) amid early 2026 volatility
Wells Fargo has expressed caution regarding Core & Main (CNM) due to anticipated volatility in early 2026. The firm suggests that some of CNM's end markets may face headwinds during this period. Investors are advised to monitor the situation closely as these market conditions unfold.
Core & Main (CNM) Is Up 8.1% After EPS Seen Rising Despite Revenue Dip Has The Bull Case Changed?
Core & Main (CNM) saw an 8.1% increase in its stock price amid projections for higher EPS despite an expected dip in revenue. The company's investment narrative is supported by steady infrastructure demand, disciplined capital allocation, and share buybacks, leading analysts to focus on margin resilience and capital returns. While there are three different fair value estimates, concerns remain regarding slower revenue growth and elevated leverage.
Core & Main, Inc. $CNM Stake Boosted by Thrivent Financial for Lutherans
Thrivent Financial for Lutherans significantly increased its stake in Core & Main, Inc. (NYSE:CNM) during the third quarter, raising its holdings by 27.5%. Other institutional investors also adjusted their positions, and now institutional investors collectively own approximately 94.19% of the company's stock. Analysts maintain a "Moderate Buy" rating for Core & Main with an average target price of $62.00, following several recent price target upgrades and a $500 million share buyback authorization.
Core & Main, Inc. $CNM Shares Sold by Bessemer Group Inc.
Bessemer Group Inc. reduced its stake in Core & Main (NYSE:CNM) by 6.2% in the third quarter, selling 208,632 shares and retaining over 3.16 million shares valued at approximately $170.3 million. This comes as Core & Main reported quarterly earnings and revenue that met expectations and authorized a $500 million share buyback program. Analysts have a "Moderate Buy" consensus rating for CNM with an average price target of $62.
Mediolanum International Funds Ltd Acquires New Shares in Core & Main, Inc. $CNM
Mediolanum International Funds Ltd has acquired 137,663 shares of Core & Main (NYSE:CNM) in Q3, valued at approximately $7.38 million. This move represents a new position for the fund, making up about 0.07% of Core & Main’s outstanding shares. The company has also authorized a $500 million share repurchase program, signaling management's belief that the stock may be undervalued, and analysts maintain a "Moderate Buy" rating with an average target price of $62.00.
Core & Main : Opens New Facility in Columbus, Ohio
Core & Main, Inc. (NYSE: CNM) has announced the opening of a new facility in Columbus, Ohio, focusing on fire protection fabrication, products, and services. This expansion aims to enhance the company's service to customers in the region and is part of its broader growth strategy to improve accessibility to its products and expertise nationwide. Core & Main is a leading specialty distributor of infrastructure products, including water, wastewater, storm drainage, and fire protection solutions.
Technical Reactions to CNM Trends in Macro Strategies
This article analyzes Core & Main Inc. Class A (NYSE: CNM) trends, noting a weak near-term sentiment that could lead to bearish positioning. It highlights an exceptional risk-reward short setup and outlines three institutional trading strategies tailored by AI models for different risk profiles. The strategies include position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis.
Truist Financial Corp Grows Position in Core & Main, Inc. $CNM
Truist Financial Corp increased its stake in Core & Main, Inc. (NYSE:CNM) by 7.6% in the third quarter, bringing its total ownership to 910,053 shares valued at approximately $48.99 million. This comes as Core & Main's board authorized a $500 million share buyback, and the company reported strong Q3 earnings of $0.72 per share on $2.06 billion in revenue. Institutional ownership of Core & Main is high at around 94.19%, with analysts holding a "Moderate Buy" consensus rating and a $62 target price.
Jennison Associates LLC Acquires 614,595 Shares of Core & Main, Inc. $CNM
Jennison Associates LLC significantly increased its stake in Core & Main, Inc. (NYSE:CNM) by 41.7%, acquiring an additional 614,595 shares to hold a total of 2,087,166 shares valued at $112.35 million. The company's recent earnings matched expectations with $0.72 EPS and $2.06 billion in revenue, and its board also authorized a $500 million share buyback program. Analysts maintain a "Moderate Buy" rating with a consensus price target of $62.00 for Core & Main.
Core & Main, Inc. (NYSE : CNM) completed the acquisition of Pioneer Supply, LLC.
Core & Main, Inc. (CNM) has successfully completed its acquisition of Pioneer Supply, LLC, an agreement that was initially announced on January 5, 2026. The acquisition was finalized on January 26, 2026. This move aligns with Core & Main's strategy of expanding its specialized distribution services in water, wastewater, storm drainage, and fire protection products.
Core & Main buys water, wastewater distributor in Oklahoma and Texas
Core & Main Inc. announced the closure of its acquisition of Pioneer Supply, a distributor of water, wastewater, and storm drainage products. Pioneer Supply has locations in Moore, Oklahoma, and Weatherford, Texas. This acquisition strengthens Core & Main's position as a leader in advancing reliable infrastructure across the U.S.
Campbell & CO Investment Adviser LLC Trims Stock Position in Core & Main, Inc. $CNM
Campbell & CO Investment Adviser LLC significantly reduced its stake in Core & Main (NYSE:CNM) by 68.2% in the third quarter of 2025, selling 18,191 shares and retaining 8,484 shares valued at $457,000. Despite this, institutional ownership of Core & Main remains high at 94.19%. The company recently authorized a $500 million share repurchase program, indicating management's belief that the stock may be undervalued, and analysts generally rate it as a "Moderate Buy" with an average price target of around $62.
Trading the Move, Not the Narrative: (CNM) Edition
This article analyzes Core & Main Inc. Class A (NYSE: CNM) using AI models, highlighting a strong near and mid-term sentiment that could extend long-term. It identifies a mid-channel oscillation pattern and an exceptional 45.2:1 risk-reward setup targeting a 13.1% gain. The piece outlines three distinct institutional trading strategies—Position, Momentum Breakout, and Risk Hedging—tailored to different risk profiles.
Is Core & Main’s Supply Chain-Fueled Earnings Beat Reshaping The Investment Case For CNM?
Core & Main (CNM) recently reported a slight revenue increase but an adjusted operating income that exceeded analyst expectations, driven by strong supply chain and inventory management. This performance reinforces the company's focus on profitability amidst steady demand for water infrastructure. While Core & Main projects sustained revenue and earnings growth by 2028, investor opinions on its fair value vary, suggesting the need for individual assessment beyond existing narratives.
Assessing Core & Main (CNM) Valuation After A Satisfactory Quarter And Improved Supply Chain Performance
Core & Main (CNM) reported strong quarterly results, leading to a 14.6% stock jump. While the company is considered modestly undervalued by the "most popular narrative" at US$59.63, its higher P/E ratio compared to peers suggests a tension between potential upside and rich current pricing. The article encourages investors to conduct their own research, considering risks like construction activity and interest rates.
Pembroke Management LTD Buys 190,879 Shares of Core & Main, Inc. $CNM
Pembroke Management LTD increased its stake in Core & Main, Inc. (NYSE:CNM) by 26.6% in the third quarter, purchasing 190,879 shares to own a total of 909,216 shares valued at $48.9 million, making it their fifth-largest holding. Core & Main reported solid quarterly earnings and authorized a $500 million share repurchase program. Analysts currently have a "Moderate Buy" rating on the stock with an average price target of $62.00.
How a regional water supplier deal expands service in Texas and Oklahoma
Core & Main Inc. (NYSE: CNM) has entered into a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater, and storm drainage products with locations in Moore, Oklahoma, and Weatherford, Texas. This acquisition allows Core & Main to expand its presence in Texas and Oklahoma, leveraging Pioneer Supply's strong reputation for quality and service and its long-standing support for municipal, residential, and non-residential end-markets since 1963. The deal is expected to create greater opportunities for growth and success by combining the expertise and market reach of both companies.
SG Americas Securities LLC Acquires 91,026 Shares of Core & Main, Inc. $CNM
SG Americas Securities LLC increased its stake in Core & Main, Inc. by 286.4% in the third quarter, acquiring an additional 91,026 shares, bringing their total ownership to 122,806 shares valued at approximately $6.61 million. This increase in institutional ownership comes as Core & Main's board authorized a $500 million stock repurchase program, indicating management's belief that the stock may be undervalued. Several analysts have also raised price targets and reiterated buy ratings, leading to a "Moderate Buy" consensus with an average target price of $61.27 for the company.
(CNM) Volatility Zones as Tactical Triggers
The article analyzes Core & Main Inc. Class A (NYSE: CNM), highlighting a strong near-term sentiment with a neutral mid and long-term outlook. It identifies a mid-channel oscillation pattern and presents three AI-generated trading strategies—Position, Momentum Breakout, and Risk Hedging—along with multi-timeframe signal analysis and support/resistance levels. The analysis points to an exceptional 45.8:1 risk-reward setup, targeting a 13.3% gain against a 0.3% risk.
Should We Be Delighted With Core & Main, Inc.'s (NYSE:CNM) ROE Of 22%?
Core & Main, Inc. (NYSE:CNM) reported a 22% Return On Equity (ROE), which is superior to the 14% industry average for Trade Distributors. While a high ROE is generally positive, the article notes that Core & Main's debt-to-equity ratio of 1.06 indicates a significant use of debt, which can inflate ROE but also increases risk. Investors are advised to consider both ROE and debt levels when evaluating a company's financial health.
Core & Main Signs Agreement to Acquire Pioneer Supply
Core & Main Inc. has announced its definitive agreement to acquire Pioneer Supply, a distributor specializing in water, wastewater, and storm drainage products with locations in Oklahoma and Texas. This acquisition aims to expand Core & Main's presence in the region and enhance its service offerings by leveraging Pioneer Supply's strong reputation for quality and customer service. Pioneer Supply, established in 1963, will bring its expertise and trusted multi-state supplier network to the Core & Main family.
Core & Main, Inc. (NYSE:CNM) Given Average Rating of "Moderate Buy" by Analysts
Core & Main, Inc. (NYSE:CNM) has received an average rating of "Moderate Buy" from analysts, with a consensus 1-year price target of $60.82. The company's board has authorized a $500 million share buyback, indicating a belief that the stock may be undervalued. Institutional ownership in Core & Main is notably high at 94.19%, with several major investors increasing their stakes.
Pacer Advisors Inc. Takes Position in Core & Main, Inc. $CNM
Pacer Advisors Inc. acquired a new stake of 24,980 shares in Core & Main (NYSE:CNM) during Q3, totaling approximately $1.345 million. Institutional investors now hold about 94.19% of the stock. Core & Main reported Q3 earnings in line with expectations at $0.72 EPS and $2.06 billion revenue, and authorized a $500 million share buyback program to repurchase up to 5% of outstanding shares.
Price-Driven Insight from (CNM) for Rule-Based Strategy
This article provides a price-driven analysis for Core & Main Inc. Class A (NYSE: CNM), indicating a neutral near-term sentiment despite mid-term strength. It highlights an exceptional short setup with a 47.1:1 risk-reward ratio and outlines three distinct AI-generated trading strategies: Position Trading, Momentum Breakout, and Risk Hedging. The analysis also includes multi-timeframe signal analysis, identifying support and resistance levels.
Swedbank AB Purchases 158,000 Shares of Core & Main, Inc. $CNM
Swedbank AB increased its stake in Core & Main, Inc. (NYSE:CNM) by 15.2% in the third quarter, acquiring an additional 158,000 shares to hold a total of 1,199,000 shares valued at $64.54 million. Core & Main also authorized a $500 million share buyback program, signaling management believes the stock is undervalued. Analysts maintain a "Moderate Buy" rating with an average target price of $60.82 for CNM.
Voya Investment Management LLC Sells 86,726 Shares of Core & Main, Inc. $CNM
Voya Investment Management LLC significantly reduced its stake in Core & Main, Inc. by selling 86,726 shares, retaining 143,800 shares valued at approximately $7.74 million. Other institutional investors also adjusted their holdings in CNM, which has a "Moderate Buy" consensus rating from analysts with an average price target of $60.82. Core & Main's board has approved a $500 million share repurchase plan, indicating management believes the stock might be undervalued.
How (CNM) Movements Inform Risk Allocation Models
This article analyzes Core & Main Inc. Class A (NYSE: CNM) movements to inform risk allocation models, highlighting conflicting sentiment across different time horizons. It presents distinct institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—each with specific entry, target, and stop-loss parameters derived from AI models. The analysis includes multi-timeframe signal analysis, identifying support and resistance levels for near-term, mid-term, and long-term perspectives.
Thrivent Financial for Lutherans Buys 62,096 Shares of Core & Main, Inc. $CNM
Thrivent Financial for Lutherans significantly increased its stake in Core & Main, Inc. by 42.4%, now owning 208,499 shares valued at $12.58 million. The company recently reported Q2 earnings, meeting expectations with $0.72 EPS and $2.06 billion in revenue, and announced a $500 million share buyback program. Analysts currently rate Core & Main as a "Moderate Buy" with an average target price of $60.82.
Squarepoint Ops LLC Purchases Shares of 59,647 Core & Main, Inc. $CNM
Squarepoint Ops LLC acquired 59,647 shares of Core & Main (NYSE:CNM) during the second quarter, valued at approximately $3.6 million. This comes as Core & Main's board approved a $500 million share buyback, and analysts maintain a "Moderate Buy" rating with a consensus price target of $60.82. The company recently met earnings estimates with $0.72 EPS on $2.06 billion in revenue.
Core & Main boosts share repurchase program by $500 million
Core & Main, Inc. announced a $500 million increase to its share repurchase program, bringing the total authorization to $1 billion. The company has already repurchased $316 million and will continue repurchases based on market conditions, funded by existing cash and future cash flows. This news follows their acquisition of Canada Waterworks assets and an S&P Global Ratings upgrade, though some analysts have recently lowered price targets.
Core & Main shares rise 5% after Q3 results top expectations
Core & Main (CNM) reported third-quarter results that exceeded analyst expectations, leading to a 5% increase in its shares during premarket trading. The company's adjusted earnings per share (EPS) of $0.62 and net sales of $1.86 billion both surpassed Street estimates. This positive performance has influenced several analysts to adjust their price targets for CNM following the report.
Analysts Offer Insights on Industrial Goods Companies: TopBuild (BLD), Mercury Systems (MRCY) and Core & Main (CNM)
Analysts have provided new ratings for several industrial goods companies. TopBuild (BLD) received a Hold rating from Truist Financial, with a Moderate Buy consensus and a price target of $485.30. Mercury Systems (MRCY) was maintained at a Buy rating by William Blair, holding a Moderate Buy consensus and an average price target of $80.80. Core & Main (CNM) also received a Hold rating from Truist Financial, but maintains a Strong Buy consensus with a price target of $60.57.
Core & Main’s Mixed Earnings Call: Growth Amid Challenges
Core & Main (CNM) reported a mixed Q3 earnings call, showing growth in net sales, improved gross margins, and strong cash flow, alongside challenges like a softening residential market and declining PVC pipe prices. The company increased its share repurchase authorization and expanded into the Canadian market, demonstrating confidence despite inflationary pressures and increased SG&A expenses. Core & Main provided forward-looking guidance reflecting strategic initiatives and market positioning, maintaining cautious optimism for future growth.
Core & Main boosts share repurchase program by $500 million
Core & Main, Inc. has announced a $500 million increase to its share repurchase program, bringing the total authorization to $1 billion. As of December 8, 2025, the company had repurchased $316 million, leaving $684 million available. The company plans to fund these repurchases using existing cash, short-term borrowings, and future cash flows, with the timing and amount at their discretion based on market conditions and capital needs.
Core & Main boosts share repurchase program by $500 million
Core & Main (NYSE:CNM) has increased its share repurchase program by $500 million, bringing the total authorization to $1 billion. The company has already repurchased approximately $316 million of its Class A Common Stock, with $684 million remaining. Repurchases will be at the company's discretion and funded using existing cash and future cash flows.
Core & Main, Inc. (NYSE:CNM) Given Average Rating of "Moderate Buy" by Analysts
Core & Main, Inc. (NYSE:CNM) has received an average rating of "Moderate Buy" from analysts, with a consensus target price of $60.00. The company recently reported an EPS of $0.87, beating expectations, though revenue slightly missed forecasts at $2.09 billion. Core & Main's stock is currently trading below its average target and 200-day moving average, with institutional ownership at approximately 94%.
Core & Main Reports Higher Q3 Sales Following Acquisitions
Core & Main reported increased sales in its latest quarter, driven by recent acquisitions, despite challenges from soft residential demand. The company saw slight declines in pipes, valves, and fittings but gains in storm drainage and fire protection. Core & Main reaffirmed its full-year sales growth outlook and authorized an additional $500 million for its share repurchase program.
Core & Main Announces $500 Million Increase to Share Repurchase Authorization
Core & Main, Inc. (NYSE: CNM) has announced a $500 million increase to its existing share repurchase program, raising the total authorization to $1 billion for its Class A Common Stock. As of December 8, 2025, the company has repurchased approximately $316 million, leaving $684 million available. The repurchases will be made at the company's discretion and funded using existing cash, short-term borrowings, and/or future cash flows.
Core & Main, Inc. $CNM Shares Bought by Amundi
Amundi significantly increased its stake in Core & Main, Inc. (NYSE:CNM), owning 3,357,973 shares valued at approximately $186.96 million. Institutional investors now hold about 94.19% of the company's stock, which has a consensus "Moderate Buy" rating and a target price of $60. Core & Main recently reported an EPS beat but a slight revenue miss.
Core & Main, Inc. SEC 10-Q Report
Core & Main, Inc. has released its Q3 fiscal year 2025 10-Q report, detailing financial performance including net sales of $2,062 million and net income of $143 million. The report also highlighted business developments such as increased sales across product categories, a wide geographical reach, and strategic acquisitions. The company anticipates future growth driven by federal infrastructure investments and manages risks related to seasonality, price fluctuations, and interest rates.
Core & Main Announces Fiscal 2025 Third Quarter Results
Core & Main (NYSE: CNM) announced its fiscal 2025 third-quarter results, showing a 1.2% increase in net sales to $2,062 million and a 2.1% increase in net income to $143 million. Diluted earnings per share rose by 4.3% to $0.72. The company, a specialty distributor focused on infrastructure, attributed growth to acquisitions and strong sales initiatives, while also increasing its share repurchase authorization by $500 million.
Core & Main (NYSE: CNM) lifts buyback to $1B and posts Q3 results
Core & Main Inc. announced that its board of directors authorized a $500 million increase to its existing share repurchase program, bringing the total authorization to $1 billion for Class A common stock. As of December 8, 2025, the company had already repurchased approximately $316 million of shares, leaving about $684 million available. This comes alongside the release of their fiscal third-quarter results for the period ended November 2, 2025.
Earnings Flash (CNM) Core & Main, Inc. Reports Q3 Revenue $2.06B, vs. FactSet Est of $2.06B
Core & Main, Inc. (CNM) reported third-quarter revenue of $2.06 billion, aligning with FactSet's estimate. The company announced its Q3 2026 earnings call for December 09, 2025, and reaffirmed its earning guidance for the full-year fiscal 2025, expecting sales between $7.6 billion and $7.7 billion. Additionally, Core & Main completed the acquisition of substantially all the assets of Canada Waterworks Inc.
