Truist Financial Cuts Amrize (NYSE:AMRZ) Price Target to $35.00

Amrize (NYSE:AMRZ) had its price objective trimmed by Truist Financial from $48.00 to $35.00 in a report published on Monday morning, Marketbeat.com reports. The firm currently has a hold rating on the stock.

AMRZ has been the subject of a number of other research reports. Weiss Ratings lowered shares of Amrize from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, August 31st. JPMorgan Chase & Co. lowered shares of Amrize from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $57.00 to $52.00 in a report on Wednesday, September 2nd. DA Davidson assumed coverage on shares of Amrize in a research note on Monday, August 24th. They issued a “neutral” rating and a $50.00 price target for the company. Royal Bank Of Canada downgraded shares of Amrize from a “sector perform” rating to an “underperform” rating and cut their price target for the stock from $60.00 to $48.00 in a report on Monday, August 10th. Finally, Barclays began coverage on Amrize in a report on Thursday, October 1st. They issued an “equal weight” rating and a $55.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $51.76.

Amrize Stock Performance

Shares of Amrize stock opened at $36.35 on Monday. The business’s 50 day moving average price is $42.85 and its 200 day moving average price is $49.68. The company has a market cap of $20.11 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.31 and a beta of 0.20. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.73 and a current ratio of 1.10. Amrize has a one year low of $36.17 and a one year high of $65.94.

Amrize (NYSE:AMRZ) last issued its earnings results on Thursday, August 6th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.04). Amrize had a net margin of 9.89% and a return on equity of 10.22%. The company had revenue of $3.49 billion during the quarter. On average, research analysts predict that Amrize will post 2.46 EPS for the current year.

Amrize Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 18th were paid a $0.11 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. Amrize’s payout ratio is 20.28%.

Insider Transactions at Amrize

In related news, Director Jacques Sanche acquired 4,150 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average price of $45.02 per share, with a total value of $186,833.00. Following the transaction, the director owned 9,766 shares of the company’s stock, valued at approximately $439,665.32. This trade represents a 73.90% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Stephen Clark bought 5,260 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $47.31 per share, with a total value of $248,850.60. Following the acquisition, the insider directly owned 10,637 shares in the company, valued at $503,236.47. The trade was a 97.82% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders acquired 48,983 shares of company stock worth $2,158,755. 0.54% of the stock is owned by company insiders.

Institutional Investors Weigh In On Amrize

Several institutional investors and hedge funds have recently modified their holdings of AMRZ. National Pension Service raised its stake in shares of Amrize by 7.5% in the second quarter. National Pension Service now owns 1,493,022 shares of the company’s stock valued at $79,578,000 after acquiring an additional 103,962 shares in the last quarter. Ancora Advisors LLC grew its stake in Amrize by 22.9% during the 2nd quarter. Ancora Advisors LLC now owns 283,522 shares of the company’s stock worth $15,112,000 after purchasing an additional 52,759 shares in the last quarter. Engle Capital Management L.P. purchased a new stake in Amrize during the 1st quarter worth about $3,742,000. Barclays PLC increased its holdings in Amrize by 95.4% during the 4th quarter. Barclays PLC now owns 4,614,593 shares of the company’s stock worth $249,557,000 after purchasing an additional 2,253,431 shares during the period. Finally, Renaissance Technologies LLC raised its position in Amrize by 10.4% in the 1st quarter. Renaissance Technologies LLC now owns 1,956,600 shares of the company’s stock valued at $109,609,000 after purchasing an additional 183,900 shares in the last quarter.

Amrize Company Profile

Amrize Ltd. is a North American building solutions company that produces and supplies essential construction materials and related products. Its portfolio includes cement, aggregates, ready-mix concrete, asphalt, concrete products and roofing systems used in residential, commercial and infrastructure projects.

The company serves customers across the United States and Canada through a network of production facilities, distribution locations and other operating sites. Its products support a range of construction applications, including roads, bridges, buildings, homes and other major infrastructure.

Amrize was established as the result of the separation of Holcim’s North American business and began operating as an independent, publicly traded company in 2025.