NFJ Investment Group LLC Buys Shares of 182,031 Commercial Metals Company $CMC

NFJ Investment Group LLC bought a new stake in Commercial Metals Company (NYSE:CMC) in the fourth quarter, HoldingsChannel.com reports. The fund bought 182,031 shares of the basic materials company’s stock, valued at approximately $12,600,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Merit Financial Group LLC acquired a new position in Commercial Metals in the third quarter valued at approximately $821,000. American Century Companies Inc. boosted its stake in Commercial Metals by 6.6% in the third quarter. American Century Companies Inc. now owns 1,823,923 shares of the basic materials company’s stock valued at $104,474,000 after acquiring an additional 112,267 shares during the period. Qsemble Capital Management LP boosted its stake in Commercial Metals by 118.6% in the fourth quarter. Qsemble Capital Management LP now owns 49,885 shares of the basic materials company’s stock valued at $3,453,000 after acquiring an additional 27,062 shares during the period. JPMorgan Chase & Co. boosted its stake in Commercial Metals by 7.9% in the third quarter. JPMorgan Chase & Co. now owns 884,604 shares of the basic materials company’s stock valued at $50,670,000 after acquiring an additional 64,491 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in Commercial Metals by 14.1% in the third quarter. Russell Investments Group Ltd. now owns 459,657 shares of the basic materials company’s stock valued at $26,329,000 after acquiring an additional 56,705 shares during the period. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CMC shares. Morgan Stanley lifted their target price on Commercial Metals from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Barclays started coverage on Commercial Metals in a research note on Thursday, May 21st. They issued an “equal weight” rating and a $75.00 target price for the company. JPMorgan Chase & Co. decreased their target price on Commercial Metals from $83.00 to $78.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Commercial Metals in a research note on Tuesday. Finally, Jefferies Financial Group upgraded Commercial Metals from a “buy” rating to a “buy” rating in a research note on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $77.10.

Commercial Metals Stock Performance

CMC opened at $77.73 on Friday. The company has a market capitalization of $8.62 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 0.47 and a beta of 1.50. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.38 and a quick ratio of 1.55. Commercial Metals Company has a 1-year low of $47.06 and a 1-year high of $84.87. The business has a 50 day moving average price of $70.20 and a two-hundred day moving average price of $70.63.

Commercial Metals (NYSE:CMC) last released its earnings results on Thursday, March 26th. The basic materials company reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.12). The firm had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.10 billion. Commercial Metals had a return on equity of 13.54% and a net margin of 6.02%.The business’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same quarter last year, the company earned $0.26 earnings per share. Research analysts predict that Commercial Metals Company will post 6.4 EPS for the current fiscal year.

Commercial Metals Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, April 6th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.0%. This is a positive change from Commercial Metals’s previous quarterly dividend of $0.18. The ex-dividend date was Monday, April 6th. Commercial Metals’s payout ratio is currently 16.04%.

Commercial Metals News Summary

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

• Negative Sentiment: Zacks Research lowered Commercial Metals’ FY2026 EPS estimate to $6.43 from $6.55, signaling softer near-term earnings expectations. Commercial Metals Company stock page
• Negative Sentiment: The firm also cut FY2027 EPS estimates to $6.62 from $6.70, suggesting analysts see modestly slower earnings growth ahead. Commercial Metals Company stock page
• Negative Sentiment: Quarterly estimates were reduced for Q3 2026, Q4 2026, Q1 2027, Q3 2027, Q4 2027, Q1 2028, Q2 2028, and Q3 2028, reinforcing a cautious longer-term view on earnings. Commercial Metals Company stock page
• Neutral Sentiment: Despite the cuts, Zacks’ FY2026 estimate of $6.43 remains essentially in line with the broader consensus of $6.42, so the changes are not dramatic. Commercial Metals Company stock page

Commercial Metals Profile

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.