PNC Financial Services Group Inc. Decreases Position in Amrize Ltd $AMRZ

PNC Financial Services Group Inc. trimmed its stake in Amrize Ltd (NYSE:AMRZ) by 20.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,401 shares of the company’s stock after selling 10,226 shares during the period. PNC Financial Services Group Inc.’s holdings in Amrize were worth $2,263,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC bought a new position in shares of Amrize during the 2nd quarter valued at approximately $265,000. M&T Bank Corp purchased a new stake in Amrize during the 2nd quarter valued at $205,000. Arrowstreet Capital Limited Partnership bought a new stake in Amrize in the second quarter worth $3,870,000. Gabelli Funds LLC bought a new stake in Amrize in the second quarter worth $1,083,000. Finally, AXA S.A. bought a new stake in Amrize in the second quarter worth $1,065,000.

Amrize Price Performance

AMRZ opened at $49.43 on Thursday. The business has a fifty day moving average of $52.14 and a 200 day moving average of $54.99. Amrize Ltd has a 52-week low of $44.12 and a 52-week high of $65.94. The company has a quick ratio of 0.89, a current ratio of 1.40 and a debt-to-equity ratio of 0.38. The stock has a market cap of $27.34 billion and a P/E ratio of 23.65.

Amrize (NYSE:AMRZ) last announced its quarterly earnings data on Wednesday, April 29th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.02). Amrize had a net margin of 9.70% and a return on equity of 9.84%. The business had revenue of $2.18 billion during the quarter. The business’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Amrize Ltd will post 2.76 EPS for the current year.

Amrize Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 20th. Stockholders of record on Tuesday, May 12th were paid a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, May 12th. Amrize’s payout ratio is currently 21.05%.

Insider Activity at Amrize

In related news, insider Mario Gross acquired 2,800 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average price of $49.17 per share, for a total transaction of $137,676.00. Following the acquisition, the insider directly owned 33,747 shares of the company’s stock, valued at $1,659,339.99. This represents a 9.05% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nollaig Forrest acquired 2,000 shares of the stock in a transaction on Friday, May 22nd. The stock was bought at an average cost of $50.25 per share, with a total value of $100,500.00. Following the completion of the transaction, the insider owned 20,139 shares in the company, valued at $1,011,984.75. This trade represents a 11.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 54,920 shares of company stock valued at $2,717,429. Company insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMRZ. Vertical Research upgraded shares of Amrize from a “hold” rating to a “buy” rating and set a $70.00 price objective on the stock in a research report on Friday, May 1st. Sanford C. Bernstein restated an “outperform” rating on shares of Amrize in a report on Monday, June 22nd. Weiss Ratings cut shares of Amrize from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, July 13th. Oppenheimer dropped their price target on shares of Amrize from $68.00 to $65.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Amrize in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $62.79.

Amrize Company Profile

Amrize AG focuses on building materials business in North America. The company was incorporated in 2023 and is based in Zug, Switzerland. Amrize AG operates independently of Holcim AG as of June 23, 2025.