Core & Main (CNM) News Today

The Goldman Sachs Group dropped their price target on Core & Main from $57.00 to $50.00 and set a "neutral" rating on the stock in a research note on Friday.

Core & Main (NYSE:CNM) Sees Strong Trading Volume

Loop Capital lowered their target price on Core & Main from $64.00 to $52.00 and set a "buy" rating for the company in a research note on Thursday.

Core & Main (NYSE:CNM - Get Free Report) announced its earnings results on Wednesday. The company reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.13). The business had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $2.05 billion. Core & Main had a net margin of 5.53% and a return on equity of 20.01%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.66 earnings per share.

Natixis Advisors LLC cut its position in Core & Main, Inc. (NYSE:CNM - Free Report) by 14.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 317,881 shares of the company's stock after selling 55,16

Core & Main, Inc. (NYSE:CNM - Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Traders bought 4,301 put options on the stock. This represents an increase of approximately 251% compared to the typical daily volume of 1,226 put options.

Fiera Capital Corp grew its stake in Core & Main, Inc. (NYSE:CNM - Free Report) by 7.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 162,250 shares of the company's stock after acquiring an additional 11,

JPMorgan Chase & Co. lowered their target price on Core & Main from $54.00 to $52.00 and set an "overweight" rating on the stock in a research note on Tuesday.

Pembroke Management LTD lowered its position in Core & Main, Inc. (NYSE:CNM - Free Report) by 16.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 580,503 shares of the company's sto

Core & Main, Inc. (NYSE:CNM - Get Free Report) was the recipient of a significant increase in short interest in August. As of August 15th, there was short interest totalling 8,950,000 shares, an increase of 18.2% from the July 31st total of 7,570,000 shares. Based on an average daily trading volume, of 2,200,000 shares, the short-interest ratio is currently 4.1 days. Approximately 4.7% of the company's stock are sold short.

Principal Financial Group Inc. increased its holdings in Core & Main, Inc. (NYSE:CNM - Free Report) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,286,389 shares of the company's stock after purchasing an additional 19,012 shares during t

Core & Main (NYSE:CNM) will be releasing earnings before the market opens on Wednesday, September 4, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=624277)

Core & Main (NYSE:CNM) Shares Down 5.4%

Retirement Systems of Alabama boosted its stake in Core & Main, Inc. (NYSE:CNM - Free Report) by 8.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 231,482 shares of the company's stock after buying an additional 17,276 shares during the

Raymond James & Associates increased its stake in shares of Core & Main, Inc. (NYSE:CNM - Free Report) by 3.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 436,144 shares of the company's stock after

Shares of Core & Main, Inc. (NYSE:CNM - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight research firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommend

Vaughan Nelson Investment Management L.P. lessened its holdings in Core & Main, Inc. (NYSE:CNM - Free Report) by 23.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,142,442 shares of the company's stock after selling 340,300 shares during the period. Vaughan