Bessemer Group Inc. Purchases 258,643 Shares of Commercial Metals Company $CMC

Bessemer Group Inc. boosted its position in Commercial Metals Company (NYSE:CMC) by 11,006.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 260,993 shares of the basic materials company’s stock after purchasing an additional 258,643 shares during the quarter. Bessemer Group Inc.’s holdings in Commercial Metals were worth $14,948,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Root Financial Partners LLC bought a new position in shares of Commercial Metals in the third quarter worth $25,000. SBI Securities Co. Ltd. grew its position in Commercial Metals by 282.3% during the second quarter. SBI Securities Co. Ltd. now owns 692 shares of the basic materials company’s stock worth $34,000 after buying an additional 511 shares in the last quarter. Spire Wealth Management increased its stake in Commercial Metals by 42.4% in the 3rd quarter. Spire Wealth Management now owns 615 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 183 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of 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. Finally, Harbour Investments Inc. raised its holdings in shares of Commercial Metals by 17.5% in the 2nd quarter. Harbour Investments Inc. now owns 1,830 shares of the basic materials company’s stock valued at $90,000 after acquiring an additional 273 shares in the last quarter. 86.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on CMC shares. Zacks Research lowered Commercial Metals from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group set a $85.00 target price on shares of Commercial Metals and gave the company a “buy” rating in a research report on Thursday, January 8th. Morgan Stanley increased their price target on shares of Commercial Metals from $68.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. JPMorgan Chase & Co. upgraded shares of Commercial Metals from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $64.00 to $78.00 in a research report on Friday, December 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $84.00 price objective on shares of Commercial Metals in a report on Tuesday, December 30th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $72.70.

Commercial Metals Trading Up 3.2%

Shares of CMC opened at $83.11 on Friday. Commercial Metals Company has a fifty-two week low of $37.92 and a fifty-two week high of $84.12. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 0.43 and a beta of 1.49. The firm has a 50 day moving average price of $72.70 and a 200-day moving average price of $62.90. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.70 and a current ratio of 4.47.

Commercial Metals (NYSE:CMC) last issued its earnings results on Thursday, January 8th. The basic materials company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.29. The company had revenue of $2.12 billion for the quarter, compared to analysts’ expectations of $2.06 billion. Commercial Metals had a net margin of 5.46% and a return on equity of 11.43%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.78 EPS. As a group, equities research analysts forecast that Commercial Metals Company will post 3.09 earnings per share for the current year.

Commercial Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 19th were issued a $0.18 dividend. The ex-dividend date was Friday, January 16th. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. Commercial Metals’s payout ratio is currently 18.56%.

More Commercial Metals News

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

• Positive Sentiment: Q4 results and revenue beat consensus — CMC reported $1.84 EPS vs. $1.55 expected and revenue above forecasts, signaling solid demand and margin strength that support the stock’s rally. MarketBeat: CMC profile and earnings
• Positive Sentiment: Dividend paid Feb. 2 — the company paid a quarterly dividend ($0.18), supporting yield and returning cash to shareholders (annualized $0.72). This appeals to income-focused investors. MarketBeat: Dividend and company summary
• Positive Sentiment: Some analyst bullishness remains — Morgan Stanley, Goldman Sachs and Wells Fargo have recent positive views/raised targets (e.g., MS to $85), which can attract buyers and support momentum. MarketBeat: Analyst notes
• Neutral Sentiment: Large institutional holders continue to hold or modestly increase positions — high institutional ownership (~87%) indicates concentrated investor interest but limits free float. This is structurally neutral but can amplify moves. MarketBeat: Institutional ownership
• Negative Sentiment: Zacks Research downgraded CMC from “strong-buy” to “hold” and trimmed near-term and FY estimates slightly — Q2 2027, Q1 2028 and FY2027/FY2028 forecasts were nudged lower, which could temper momentum among some growth-focused investors. Zacks Research note
• Negative Sentiment: Insider sale disclosed — director/officer Jennifer Durbin sold ~25,050 shares (~$2.0M) in early February, a meaningful reduction in her position that some investors may view as a negative signal. InsiderTrades: insider sale

Insider Transactions at Commercial Metals

In related news, insider Jennifer J. Durbin sold 25,050 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $79.97, for a total transaction of $2,003,248.50. Following the completion of the sale, the insider directly owned 52,880 shares in the company, valued at $4,228,813.60. This represents a 32.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Dennis V. Arriola purchased 2,000 shares of Commercial Metals stock in a transaction that occurred on Tuesday, January 20th. The shares were bought at an average price of $74.69 per share, for a total transaction of $149,380.00. Following the completion of the transaction, the director owned 9,238 shares in the company, valued at $689,986.22. The trade was a 27.63% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.62% of the company’s stock.

Commercial Metals 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.