Stephens Inc. AR Makes New $522,000 Investment in Commercial Metals Company $CMC

Stephens Inc. AR acquired a new position in Commercial Metals Company (NYSE:CMC) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,490 shares of the basic materials company’s stock, valued at approximately $522,000.

A number of other institutional investors also recently made changes to their positions in the business. State Street Corp raised its position in Commercial Metals by 1.5% in the 4th quarter. State Street Corp now owns 6,361,477 shares of the basic materials company’s stock worth $440,341,000 after purchasing an additional 91,104 shares during the period. Boston Partners grew its stake in shares of Commercial Metals by 1.9% during the third quarter. Boston Partners now owns 3,641,930 shares of the basic materials company’s stock valued at $208,629,000 after buying an additional 67,139 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Commercial Metals by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 2,926,864 shares of the basic materials company’s stock worth $202,626,000 after buying an additional 86,749 shares during the period. Invesco Ltd. increased its holdings in shares of Commercial Metals by 4.8% in the third quarter. Invesco Ltd. now owns 1,661,027 shares of the basic materials company’s stock worth $95,144,000 after buying an additional 76,365 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Commercial Metals by 2.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,592,131 shares of the basic materials company’s stock valued at $110,207,000 after acquiring an additional 32,941 shares during the last quarter. Hedge funds and other institutional investors own 86.90% of the company’s stock.

Analyst Ratings Changes

CMC has been the subject of several analyst reports. Weiss Ratings upgraded Commercial Metals from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. The Goldman Sachs Group started coverage on Commercial Metals in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $74.00 price objective for the company. Wall Street Zen lowered Commercial Metals from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 4th. Barclays began coverage on shares of Commercial Metals in a report on Thursday, May 21st. They issued an “equal weight” rating and a $75.00 target price on the stock. Finally, Zacks Research downgraded shares of Commercial Metals from a “hold” rating to a “strong sell” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Commercial Metals has a consensus rating of “Moderate Buy” and an average price target of $79.45.

Key Headlines Impacting Commercial Metals

Here are the key news stories impacting Commercial Metals this week:

• Positive Sentiment: Zacks Research raised its earnings outlook for Commercial Metals across FY2026, FY2027, and FY2028, signaling improved profit expectations for the company.
• Positive Sentiment: Several quarterly estimates were also increased, including Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q1 2028, Q2 2028, and Q3 2028, reinforcing the view that earnings momentum may be improving.
• Neutral Sentiment: Despite the higher estimates, Zacks Research maintained its Strong Sell rating, which tempers the otherwise constructive earnings revisions.

Commercial Metals Trading Up 4.1%

Shares of NYSE CMC traded up $2.47 during trading hours on Friday, hitting $62.59. The company’s stock had a trading volume of 1,099,036 shares, compared to its average volume of 1,516,496. Commercial Metals Company has a 12 month low of $49.66 and a 12 month high of $84.87. The stock has a market cap of $6.92 billion, a price-to-earnings ratio of 11.79, a P/E/G ratio of 0.36 and a beta of 1.54. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.54 and a current ratio of 2.33. The business has a 50-day simple moving average of $70.93 and a 200-day simple moving average of $70.75.

Commercial Metals (NYSE:CMC) last released its quarterly earnings results on Thursday, June 25th. The basic materials company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.03. Commercial Metals had a return on equity of 15.69% and a net margin of 6.72%.The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the prior year, the company posted $0.74 EPS. Commercial Metals’s quarterly revenue was up 22.9% compared to the same quarter last year. On average, analysts anticipate that Commercial Metals Company will post 6.63 earnings per share for the current fiscal year.

Commercial Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, July 6th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, July 6th. Commercial Metals’s dividend payout ratio is currently 15.07%.

About Commercial Metals

Commercial Metals Company (NYSE: CMC) is a leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas. The company operates an integrated network of scrap recycling facilities, electric arc furnace steel mills, metal fabrication plants and distribution centers. Through these operations, Commercial Metals collects and processes ferrous scrap to produce finished steel products and provides recycled metal to a variety of end markets.

In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products.