Hsbc Holdings PLC Increases Position in Commercial Metals Company $CMC

Hsbc Holdings PLC increased its holdings in Commercial Metals Company (NYSE:CMC) by 30.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 38,839 shares of the basic materials company’s stock after buying an additional 9,102 shares during the period. Hsbc Holdings PLC’s holdings in Commercial Metals were worth $2,686,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Global Retirement Partners LLC increased its position in shares of Commercial Metals by 110.7% during the 4th quarter. Global Retirement Partners LLC now owns 573 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 301 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Commercial Metals during the 4th quarter worth approximately $54,000. Caitong International Asset Management Co. Ltd lifted its stake in Commercial Metals by 617.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 716 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Commercial Metals in the fourth quarter valued at approximately $59,000. Finally, Aster Capital Management DIFC Ltd bought a new position in Commercial Metals during the third quarter valued at $73,000. 86.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upgraded Commercial Metals to a “buy” rating in a research note on Friday, May 22nd. Barclays assumed coverage on Commercial Metals in a research note on Thursday, May 21st. They set an “equal weight” rating and a $75.00 price objective on the stock. Morgan Stanley lifted their target price on Commercial Metals from $83.00 to $88.00 and gave the company an “overweight” rating in a report on Monday, June 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Commercial Metals in a research report on Tuesday, June 9th. Finally, KeyCorp began coverage on shares of Commercial Metals in a report on Wednesday, March 25th. They issued a “sector weight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Commercial Metals has an average rating of “Moderate Buy” and an average price target of $80.44.

Commercial Metals Stock Down 0.1%

Shares of NYSE:CMC opened at $69.10 on Monday. Commercial Metals Company has a 52-week low of $48.14 and a 52-week high of $84.87. The firm has a fifty day moving average of $72.05 and a 200 day moving average of $71.30. The firm has a market capitalization of $7.66 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 0.40 and a beta of 1.50. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.54 and a current ratio of 2.33.

Commercial Metals (NYSE:CMC) last released its quarterly earnings results on Thursday, June 25th. The basic materials company reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.70 by $0.03. Commercial Metals had a return on equity of 15.69% and a net margin of 6.72%.The business had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter last year, the business posted $0.74 earnings per share. The company’s revenue for the quarter was up 22.9% on a year-over-year basis. As a group, research analysts anticipate that Commercial Metals Company will post 6.53 EPS for the current fiscal year.

Commercial Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Monday, July 6th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $0.80 annualized dividend and a yield of 1.2%. Commercial Metals’s dividend payout ratio is currently 15.07%.

More Commercial Metals News

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

• Positive Sentiment: Commercial Metals beat quarterly earnings and revenue estimates, with adjusted EPS of $1.73 and sales of $2.48 billion, supporting the bullish reaction. CMC Reports Third Quarter of Fiscal 2026 Results
• Positive Sentiment: Core EBITDA jumped nearly 79% year over year and margins expanded, showing stronger profitability across the business and signaling better operating leverage. CMC Q3 Earnings Beat on Strong Core EBITDA & Segment Gains
• Positive Sentiment: Management said temporary Q3 headwinds are easing, backlog remains solid, pricing is improving, and precast integration is helping set up a stronger fiscal fourth quarter. CMC Q3 Earnings Call Flags Stronger Q4 Setup
• Positive Sentiment: Several reports highlighted that Commercial Metals is signaling stronger profits ahead, reinforcing investor confidence in the earnings outlook. Commercial Metals Signals Stronger Profits Ahead
• Neutral Sentiment: The company also announced a quarterly dividend of $0.20 per share, which adds shareholder return support but is unlikely to be the main driver of the stock move. Conference Call and Earnings Materials

About Commercial Metals

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.