Commercial Metals (CMC) News Today

$57.60
-0.27 (-0.47%)
(As of 05/17/2024 ET)
First Eagle Investment Management LLC Acquires 101,675 Shares of Commercial Metals (NYSE:CMC)
First Eagle Investment Management LLC lifted its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 193.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,329 shares of the
Commercial Metals (NYSE:CMC) Sees Significant Decline in Short Interest
Commercial Metals (NYSE:CMC - Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 2,600,000 shares, a drop of 6.1% from the April 15th total of 2,770,000 shares. Based on an average daily volume of 863,400 shares, the days-to-cover ratio is presently 3.0 days. Approximately 2.3% of the company's shares are sold short.
StockNews.com Upgrades Commercial Metals (NYSE:CMC) to Buy
Teacher Retirement System of Texas Cuts Stock Holdings in Commercial Metals (NYSE:CMC)
Teacher Retirement System of Texas reduced its position in Commercial Metals (NYSE:CMC - Free Report) by 37.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,898 shares of the basic materials
Charles Schwab Investment Management Inc. Purchases 31,365 Shares of Commercial Metals (NYSE:CMC)
Charles Schwab Investment Management Inc. lifted its position in shares of Commercial Metals (NYSE:CMC - Free Report) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,416
Commercial Metals (NYSE:CMC) Shares Sold by Qsemble Capital Management LP
Qsemble Capital Management LP trimmed its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 94.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,110 shares of the basic materials comp
Dimensional Fund Advisors LP Purchases 160,228 Shares of Commercial Metals (NYSE:CMC)
Dimensional Fund Advisors LP boosted its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,611,020 shares of the basi
Seizert Capital Partners LLC Purchases Shares of 30,953 Commercial Metals (NYSE:CMC)
Seizert Capital Partners LLC purchased a new stake in shares of Commercial Metals (NYSE:CMC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 30,953 shares of the basic materials company's
Commercial Metals (NYSE:CMC) Stock Position Reduced by Los Angeles Capital Management LLC
Los Angeles Capital Management LLC decreased its stake in Commercial Metals (NYSE:CMC - Free Report) by 70.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,933 shares of the basic materia
Commercial Metals (NYSE:CMC) Shares Sold by Russell Investments Group Ltd.
Russell Investments Group Ltd. lessened its position in Commercial Metals (NYSE:CMC - Free Report) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 177,924 shares of the basic materials company's
Victory Capital Management Inc. Boosts Stake in Commercial Metals (NYSE:CMC)
Victory Capital Management Inc. raised its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 241.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,809,841 shares of the basic materials company's stock after buying an a
Summit Global Investments Boosts Stock Position in Commercial Metals (NYSE:CMC)
Summit Global Investments boosted its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 57.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,279 shares of the basic materials compan
Bailard Inc. Sells 14,044 Shares of Commercial Metals (NYSE:CMC)
Bailard Inc. decreased its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 77.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,100 shares of the basic materials co
Commercial Metals (NYSE:CMC) Sees Significant Growth in Short Interest
Commercial Metals (NYSE:CMC - Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,770,000 shares, an increase of 14.5% from the March 31st total of 2,420,000 shares. Currently, 2.4% of the company's shares are sold short. Based on an average trading volume of 934,000 shares, the short-interest ratio is presently 3.0 days.
Illinois Municipal Retirement Fund Has $1.81 Million Stock Holdings in Commercial Metals (NYSE:CMC)
Illinois Municipal Retirement Fund raised its position in Commercial Metals (NYSE:CMC - Free Report) by 118.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,071 shares of the
Allspring Global Investments Holdings LLC Sells 17,551 Shares of Commercial Metals (NYSE:CMC)
Allspring Global Investments Holdings LLC lessened its holdings in Commercial Metals (NYSE:CMC - Free Report) by 58.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,647 shares of the basic materials company's stoc
Commercial Metals (NYSE:CMC) Shares Purchased by Wedge Capital Management L L P NC
Wedge Capital Management L L P NC raised its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 46.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 173,287 shares of the basic materials company's stock aft
Mackenzie Financial Corp Purchases 65,766 Shares of Commercial Metals (NYSE:CMC)
Mackenzie Financial Corp increased its position in Commercial Metals (NYSE:CMC - Free Report) by 454.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 80,235 shares of the basic materials company's stock after acquiring
19,396 Shares in Commercial Metals (NYSE:CMC) Purchased by AIA Group Ltd
AIA Group Ltd purchased a new stake in Commercial Metals (NYSE:CMC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 19,396 shares of the basic materials company's stock, valued at approximately $971,000. A number of ot
Peirce Capital Management LLC Buys New Holdings in Commercial Metals (NYSE:CMC)
Peirce Capital Management LLC acquired a new position in shares of Commercial Metals (NYSE:CMC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,364 shares of the basic materials company's stock, valued
DekaBank Deutsche Girozentrale Increases Stock Position in Commercial Metals (NYSE:CMC)
DekaBank Deutsche Girozentrale raised its position in Commercial Metals (NYSE:CMC - Free Report) by 270.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 137,240 shares of the basic materials company's stock after acqui
Commercial Metals (NYSE:CMC) Upgraded to "Buy" at StockNews.com
StockNews.com upgraded Commercial Metals from a "hold" rating to a "buy" rating in a report on Wednesday.
Commercial Metals Company (CMC) Receives a Hold from KeyBanc
Raymond James & Associates Grows Holdings in Commercial Metals (NYSE:CMC)
Raymond James & Associates lifted its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 23.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,904 shares of the basic materials com
Commercial Metals to Post FY2024 Earnings of $5.30 Per Share, Zacks Research Forecasts (NYSE:CMC)
Commercial Metals (NYSE:CMC - Free Report) - Investment analysts at Zacks Research upped their FY2024 earnings per share estimates for shares of Commercial Metals in a research report issued to clients and investors on Thursday, April 4th. Zacks Research analyst S. Deb now forecasts that the basi
Advisors Preferred LLC Increases Holdings in Commercial Metals (NYSE:CMC)
Advisors Preferred LLC raised its holdings in shares of Commercial Metals (NYSE:CMC - Free Report) by 114.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,810 shares of the basic materials company's sto
Commercial Metals (NYSE:CMC) Short Interest Update
Commercial Metals (NYSE:CMC - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 3,320,000 shares, a growth of 11.8% from the February 29th total of 2,970,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 2.9% of the company's stock are sold short.
Assenagon Asset Management S.A. Cuts Holdings in Commercial Metals (NYSE:CMC)
Assenagon Asset Management S.A. decreased its position in Commercial Metals (NYSE:CMC - Free Report) by 53.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 155,293 shares of the basic materials company's stock after selling 178,7
Insider Selling: Commercial Metals (NYSE:CMC) Chairman Sells 35,704 Shares of Stock
Commercial Metals (NYSE:CMC - Get Free Report) Chairman Barbara Smith sold 35,704 shares of the business's stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of $57.88, for a total transaction of $2,066,547.52. Following the completion of the transaction, the chairman now directly owns 36,196 shares of the company's stock, valued at $2,095,024.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Vanguard Group Inc. Increases Stake in Commercial Metals (NYSE:CMC)
Vanguard Group Inc. lifted its stake in shares of Commercial Metals (NYSE:CMC - Free Report) by 4.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,450,082 shares of the basic materials company's st
Commercial Metals (NYSE:CMC) Price Target Raised to $60.00
BMO Capital Markets raised their price objective on shares of Commercial Metals from $52.00 to $60.00 and gave the stock a "market perform" rating in a report on Friday.
Commercial Metals (NYSE:CMC) Releases Quarterly Earnings Results
Commercial Metals (NYSE:CMC - Get Free Report) released its quarterly earnings results on Thursday. The basic materials company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by ($0.05). The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.80 billion. Commercial Metals had a return on equity of 19.89% and a net margin of 9.03%. Commercial Metals's revenue for the quarter was down 8.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.44 earnings per share.
Equities Analysts Set Expectations for Commercial Metals' Q2 2024 Earnings (NYSE:CMC)
Commercial Metals (NYSE:CMC - Free Report) - Analysts at Zacks Research issued their Q2 2024 EPS estimates for shares of Commercial Metals in a research note issued on Wednesday, March 20th. Zacks Research analyst S. Deb expects that the basic materials company will earn $0.66 per share for the q
Q2 2024 Commercial Metals Co Earnings Call
Commercial Metals (NYSE:CMC) Increases Dividend to $0.18 Per Share
Commercial Metals (NYSE:CMC) declared a quarterly dividend on Wednesday, March 20th. Stockholders of record on Monday, April 1st will be paid a dividend of 0.18 per share by the basic materials company on Wednesday, April 10th. This represents a $0.72 annualized dividend and a dividend yield of 1.29%. The ex-dividend date is Thursday, March 28th. This is a positive change from Commercial Metals's previous quarterly dividend of $0.16.
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This page (NYSE:CMC) was last updated on 5/19/2024 by MarketBeat.com Staff

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