TD Waterhouse Canada Inc. Acquires 5,749 Shares of CBRE Group, Inc. $CBRE

TD Waterhouse Canada Inc. raised its holdings in CBRE Group, Inc. (NYSE:CBRE) by 59.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 15,457 shares of the financial services provider’s stock after buying an additional 5,749 shares during the period. TD Waterhouse Canada Inc.’s holdings in CBRE Group were worth $1,986,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CBRE. Shelton Wealth Management LLC raised its holdings in CBRE Group by 5.1% during the third quarter. Shelton Wealth Management LLC now owns 10,090 shares of the financial services provider’s stock worth $1,296,000 after acquiring an additional 492 shares in the last quarter. Pension & Wealth Management Advisors Inc. acquired a new position in CBRE Group during the third quarter valued at approximately $203,000. Howard Capital Management LLC grew its stake in CBRE Group by 41,140.5% in the third quarter. Howard Capital Management LLC now owns 736,556 shares of the financial services provider’s stock valued at $94,625,000 after purchasing an additional 734,770 shares in the last quarter. V Square Quantitative Management LLC grew its stake in CBRE Group by 2.2% in the third quarter. V Square Quantitative Management LLC now owns 13,904 shares of the financial services provider’s stock valued at $1,786,000 after purchasing an additional 303 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in CBRE Group by 52.2% in the third quarter. Assenagon Asset Management S.A. now owns 1,930,992 shares of the financial services provider’s stock valued at $248,075,000 after purchasing an additional 662,421 shares in the last quarter. 98.41% of the stock is owned by institutional investors.

Key Headlines Impacting CBRE Group

Here are the key news stories impacting CBRE Group this week:

• Positive Sentiment: CBRE agreed to acquire Onnec for an initial cash payment of approximately £460 million, or $610 million, with the total consideration potentially reaching £760 million—nearly $1 billion—based on additional payments. Onnec’s capabilities in data-center infrastructure across Europe and Asia-Pacific should expand CBRE’s services for major technology clients and deepen its presence in a high-growth segment. The acquisition announcement was the main bullish catalyst behind recent strength in CBRE shares. CBRE Expands Critical Infrastructure Capabilities in Europe and Asia Pacific with Onnec Acquisition
• Positive Sentiment: The transaction gives CBRE additional exposure to data-center construction, equipment and infrastructure spending, supported by demand from cloud computing and artificial intelligence. Investors may view the deal as a way for CBRE to diversify beyond traditional commercial real estate and create longer-term growth opportunities. CBRE to acquire Onnec in $1 billion data center infrastructure deal
• Neutral Sentiment: CBRE was expected to report third-quarter results shortly after the announcement. Earnings, management commentary on the Onnec transaction and updates to full-year guidance could become the next major catalysts for the stock. Why CBRE Stock Triumphed on Tuesday
• Negative Sentiment: Jefferies lowered its price target for CBRE, signaling more cautious expectations despite retaining potential upside versus the reference share price. The target reduction may temper enthusiasm around the acquisition and reflects concerns about valuation, market conditions or execution risk. Jefferies cuts target for CBRE Group stock to USD 164.00

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CBRE Group in a research report on Friday, August 21st. Evercore reissued an “outperform” rating and issued a $175.00 price objective on shares of CBRE Group in a report on Thursday, July 30th. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a report on Sunday, August 2nd. UBS Group raised their target price on shares of CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of CBRE Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, October 9th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $178.40.

CBRE Group Price Performance

Shares of NYSE CBRE opened at $134.91 on Thursday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66. The firm has a market cap of $39.07 billion, a P/E ratio of 30.94 and a beta of 1.23. The business’s 50 day moving average is $139.87 and its 200-day moving average is $139.55. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27.

CBRE Group (NYSE:CBRE) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.09. The company had revenue of $11.23 billion during the quarter, compared to analysts’ expectations of $11.18 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. CBRE Group’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.19 earnings per share. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Equities research analysts predict that CBRE Group, Inc. will post 7.78 earnings per share for the current year.

Insider Transactions at CBRE Group

In related news, insider Chad J. Doellinger sold 228 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $33,810.12. Following the completion of the sale, the insider directly owned 41,778 shares in the company, valued at approximately $6,195,259.62. The trade was a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Vikramaditya Kohli sold 2,666 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total value of $399,900.00. Following the completion of the sale, the chief executive officer owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. This trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 5,144 shares of company stock valued at $767,363. 0.46% of the stock is currently owned by company insiders.

CBRE Group Company Profile

CBRE Group, Inc (NYSE:CBRE) is a global commercial real estate services and investment firm. The company provides advisory, transaction, property management, facilities management, project management, valuation, and consulting services to corporate, institutional, and other real estate clients.

Its businesses support the acquisition, development, leasing, operation, and disposition of commercial properties across sectors such as office, industrial and logistics, retail, multifamily, hospitality, and data centers.