721,001 Shares in CBRE Group, Inc. $CBRE Acquired by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC bought a new position in CBRE Group, Inc. (NYSE:CBRE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 721,001 shares of the financial services provider’s stock, valued at approximately $98,121,000. CBRE Group accounts for approximately 1.3% of Manning & Napier Advisors LLC’s portfolio, making the stock its 29th largest position. Manning & Napier Advisors LLC owned about 0.25% of CBRE Group at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CBRE. Swiss RE Ltd. acquired a new stake in shares of CBRE Group during the fourth quarter worth $25,000. Navalign LLC acquired a new position in CBRE Group in the fourth quarter valued at $29,000. Ascentis Independent Advisors purchased a new position in CBRE Group during the first quarter worth about $30,000. Cassaday & Co Wealth Management LLC acquired a new stake in CBRE Group in the 1st quarter worth about $33,000. Finally, Sound Income Strategies LLC grew its holdings in CBRE Group by 5,180.0% in the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after buying an additional 259 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CBRE Group

In other news, insider Chad J. Doellinger sold 228 shares of CBRE Group stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $33,810.12. Following the sale, the insider directly owned 41,778 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $148.29, for a total value of $333,652.50. Following the completion of the transaction, the chief financial officer owned 108,479 shares in the company, valued at approximately $16,086,350.91. This trade represents a 2.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 insiders.

CBRE Group Price Performance

CBRE opened at $151.96 on Tuesday. The company has a fifty day simple moving average of $142.27 and a 200 day simple moving average of $141.02. The firm has a market cap of $44.00 billion, a price-to-earnings ratio of 34.85 and a beta of 1.18. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.66.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.09. The firm had revenue of $11.23 billion for the quarter, compared to analyst estimates of $11.18 billion. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The firm’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.19 EPS. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Equities research analysts expect that CBRE Group, Inc. will post 7.77 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CBRE. Keefe, Bruyette & Woods increased their price objective on shares of CBRE Group from $158.00 to $174.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Evercore reaffirmed an “outperform” rating and set a $175.00 price target on shares of CBRE Group in a research note on Thursday, July 30th. Barclays lifted their price target on shares of CBRE Group from $180.00 to $183.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Finally, Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $181.00.

CBRE Group Profile

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.