Quantinno Capital Management LP Has $4.46 Million Position in Commercial Metals Company $CMC

Quantinno Capital Management LP raised its holdings in shares of Commercial Metals Company (NYSE:CMC) by 200.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,613 shares of the basic materials company’s stock after purchasing an additional 48,470 shares during the quarter. Quantinno Capital Management LP’s holdings in Commercial Metals were worth $4,461,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Global Retirement Partners LLC lifted its stake in shares of Commercial Metals by 110.7% in the fourth quarter. Global Retirement Partners LLC now owns 573 shares of the basic materials company’s stock valued at $40,000 after buying an additional 301 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Commercial Metals during the fourth quarter worth about $54,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Commercial Metals by 617.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 716 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Commercial Metals in the 4th quarter worth about $59,000. Finally, EverSource Wealth Advisors LLC lifted its position in Commercial Metals by 84.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,550 shares of the basic materials company’s stock valued at $76,000 after acquiring an additional 708 shares in the last quarter. Institutional investors and hedge funds own 86.90% of the company’s stock.

Commercial Metals News Roundup

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

• Positive Sentiment: Share buyback supports the stock: Commercial Metals authorized a program to repurchase up to $600 million of its outstanding shares, representing as much as 7.5% of the company’s stock. The authorization signals management believes the shares are undervalued and could support earnings per share by reducing the share count. Commercial Metals to Repurchase $600 Million in Outstanding Shares
• Positive Sentiment: Zacks raises longer-term EPS estimates: Zacks Research increased its forecasts across several periods, including Q1 2027 EPS to $1.79 from $1.77, FY2027 EPS to $7.13 from $7.08, and FY2028 EPS to $7.32 from $7.27. Estimates for Q4 2027, Q1-Q3 2028 were also raised by $0.01 per share, suggesting slightly improved expectations for future profitability.
• Neutral Sentiment: Analyst target rises, but rating remains cautious: BMO Capital Markets lifted its price target for CMC from $77 to $80 while maintaining a “Market Perform” rating. The higher target offers moderate potential upside, but the unchanged rating indicates BMO does not expect substantial outperformance relative to the broader market. BMO Capital Markets Raises Commercial Metals Price Target

Commercial Metals Trading Up 2.0%

Shares of CMC stock opened at $75.17 on Friday. 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 company has a market capitalization of $8.32 billion, a price-to-earnings ratio of 14.16, a PEG ratio of 0.42 and a beta of 1.52. Commercial Metals Company has a 52-week low of $52.74 and a 52-week high of $84.87. The company has a 50-day simple moving average of $69.80 and a two-hundred day simple moving average of $70.32.

Commercial Metals (NYSE:CMC) last posted its earnings results on Thursday, June 25th. The basic materials company reported $1.73 EPS for the quarter, topping the consensus estimate of $1.70 by $0.03. Commercial Metals had a net margin of 6.72% and a return on equity of 15.69%. The firm had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter last year, the firm earned $0.74 EPS. The company’s quarterly revenue was up 22.9% compared to the same quarter last year. Research analysts anticipate that Commercial Metals Company will post 6.64 EPS for the current fiscal year.

Commercial Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, July 6th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, July 6th. Commercial Metals’s dividend payout ratio (DPR) is 15.07%.

Commercial Metals declared that its Board of Directors has authorized a share buyback program on Wednesday, August 5th that authorizes the company to repurchase $600.00 million in outstanding shares. This repurchase authorization authorizes the basic materials company to purchase up to 7.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

CMC has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft upgraded Commercial Metals to a “buy” rating in a research note on Friday, May 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $85.00 price objective on shares of Commercial Metals in a research note on Thursday. JPMorgan Chase & Co. dropped their target price on Commercial Metals from $83.00 to $78.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. BMO Capital Markets lifted their target price on Commercial Metals from $77.00 to $80.00 and gave the company a “market perform” rating in a research report on Thursday. Finally, Barclays upped their price target on Commercial Metals from $75.00 to $80.00 and gave the stock an “equal weight” rating in a report on Friday. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $81.18.

Insider Buying and Selling

In other Commercial Metals news, CEO Peter R. Matt acquired 8,230 shares of the business’s stock in a transaction on Friday, July 10th. The shares were acquired at an average price of $61.30 per share, with a total value of $504,499.00. Following the completion of the transaction, the chief executive officer owned 181,522 shares in the company, valued at approximately $11,127,298.60. This trade represents a 4.75% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.62% of the company’s stock.

Commercial Metals Company 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.