Commercial Metals (CMC) News Today

Victory Capital Management Inc. cut its holdings in Commercial Metals (NYSE:CMC - Free Report) by 5.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,135,753 shares of the basic mater

Commercial Metals (NYSE:CMC - Free Report) - Stock analysts at Zacks Research reduced their Q4 2024 earnings per share estimates for Commercial Metals in a report issued on Tuesday, September 3rd. Zacks Research analyst S. Deb now expects that the basic materials company will post earnings of $1.

Commercial Metals (NYSE:CMC - Free Report) - Zacks Research boosted their FY2025 EPS estimates for shares of Commercial Metals in a research note issued to investors on Tuesday, September 3rd. Zacks Research analyst S. Deb now forecasts that the basic materials company will earn $5.36 per share f

Shares of Commercial Metals (NYSE:CMC - Get Free Report) have earned a consensus rating of "Moderate Buy" from the five ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to

Jefferies Financial Group initiated coverage on shares of Commercial Metals in a report on Tuesday. They issued a "buy" rating and a $65.00 target price on the stock.

Hantz Financial Services Inc. bought a new stake in shares of Commercial Metals (NYSE:CMC - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,103 shares of the basic materials company's stock, v

BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in Commercial Metals (NYSE:CMC - Free Report) by 163.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 219,770 shares of t

Panagora Asset Management Inc. increased its position in shares of Commercial Metals (NYSE:CMC - Free Report) by 15.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,252 shares of the

Easterly Investment Partners LLC decreased its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 7.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 405,413 shares of the basic materials company's stock after selling 30,372 shares during

Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in Commercial Metals (NYSE:CMC - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 20,730 shares of the basic materials company's stock, valued at a

Summit Global Investments decreased its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 83.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,468 shares of the basic materials company's stock after sel

Neo Ivy Capital Management acquired a new stake in shares of Commercial Metals (NYSE:CMC - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 14,324 shares of the basic materials company's s

DekaBank Deutsche Girozentrale reduced its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 89.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,743 shares of the basic materials com

Public Employees Retirement System of Ohio purchased a new stake in Commercial Metals (NYSE:CMC - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 9,488 shares of the basic materials company's stock, valued at approximately $558,00

Boston Partners increased its holdings in Commercial Metals (NYSE:CMC - Free Report) by 23,390.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,076,337 shares of the basic materials company's stock after acquiring a

Price T Rowe Associates Inc. MD boosted its position in Commercial Metals (NYSE:CMC - Free Report) by 11.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 630,836 shares of the basic materials company's

Jacobs Levy Equity Management Inc. lifted its holdings in Commercial Metals (NYSE:CMC - Free Report) by 388.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 298,621 shares of the bas

Lazard Asset Management LLC lessened its holdings in Commercial Metals (NYSE:CMC - Free Report) by 5.7% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 145,548 shares of the basic materials company's stock after selling

Commercial Metals (NYSE:CMC) Hits New 12-Month High at $59.95

Bessemer Group Inc. lifted its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 5.8% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 275,340 shares of the basic materials company's stock after buying an additional 15,169 shares d

Ontario Teachers Pension Plan Board trimmed its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 25.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 38,348 shares of the basic materials company's stock after selling 13,211 sha

Acadian Asset Management LLC decreased its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 15.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 219,418 shares of the basic materials

Russell Investments Group Ltd. increased its position in Commercial Metals (NYSE:CMC - Free Report) by 11.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,675 shares of the basic materials company's

First Eagle Investment Management LLC raised its holdings in Commercial Metals (NYSE:CMC - Free Report) by 24.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 192,629 shares of the basic materials company's stock after buying an addition

Entropy Technologies LP lessened its stake in Commercial Metals (NYSE:CMC - Free Report) by 71.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,400 shares of the basic materials company's stock after sel

Qsemble Capital Management LP raised its position in shares of Commercial Metals (NYSE:CMC - Free Report) by 235.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,802 shares of the basic materials company

Empowered Funds LLC reduced its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 56.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,641 shares of the basic materials com

BNP Paribas Financial Markets raised its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 61.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 67,054 shares of the basic materials company's stock after purchasing

Allspring Global Investments Holdings LLC boosted its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 1,701.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,

Mirae Asset Global Investments Co. Ltd. decreased its position in Commercial Metals (NYSE:CMC - Free Report) by 16.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 577,304 shares of the basic materials co

Van ECK Associates Corp lowered its position in Commercial Metals (NYSE:CMC - Free Report) by 16.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,141 shares of the basic materials company's stock a

Wasatch Advisors LP cut its position in shares of Commercial Metals (NYSE:CMC - Free Report) by 14.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 640,577 shares of the basic materials company's stock after selling 111,531 shares during the

Commercial Metals (NYSE:CMC - Get Free Report) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totalling 3,210,000 shares, a growth of 23.5% from the May 31st total of 2,600,000 shares. Based on an average daily volume of 789,000 shares, the days-to-cover ratio is presently 4.1 days. Currently, 2.8% of the shares of the stock are sold short.

Hodges Capital Management Inc. lowered its holdings in Commercial Metals (NYSE:CMC - Free Report) by 32.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 252,853 shares of the basic materials company's stock after se

Bank of America dropped their target price on Commercial Metals from $70.00 to $69.00 and set a "buy" rating for the company in a report on Wednesday.

Vanguard Group Inc. increased its position in shares of Commercial Metals (NYSE:CMC - Free Report) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,641,427 shares of the basic materials company's stock after acquir

Commercial Metals (NYSE:CMC) declared a quarterly dividend on Wednesday, June 19th. Investors of record on Monday, July 1st will be given a dividend of 0.18 per share by the basic materials company on Wednesday, July 10th. This represents a $0.72 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Monday, July 1st.

Commercial Metals (NYSE:CMC) Trading 5.8% Higher