Rep. Lisa C. McClain Sells Core & Main, Inc. (NYSE:CNM) Shares

Representative Lisa C. McClain (R-Michigan) recently sold shares of Core & Main, Inc. (NYSE:CNM). In a filing disclosed on November 21st, the Representative disclosed that they had sold between $1,001 and $15,000 in Core & Main stock on October 31st. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Core & Main Stock Up 2.1%

NYSE:CNM traded up $1.00 on Wednesday, hitting $48.04. The stock had a trading volume of 2,323,395 shares, compared to its average volume of 2,214,061. The company has a quick ratio of 1.30, a current ratio of 2.25 and a debt-to-equity ratio of 1.14. Core & Main, Inc. has a 52 week low of $43.17 and a 52 week high of $67.18. The business’s fifty day moving average is $50.72 and its 200 day moving average is $56.66. The company has a market cap of $9.48 billion, a PE ratio of 21.45, a P/E/G ratio of 1.76 and a beta of 0.98.

Core & Main (NYSE:CNM) last issued its earnings results on Tuesday, September 9th. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.08. Core & Main had a return on equity of 25.44% and a net margin of 5.57%.The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period in the prior year, the firm earned $0.61 earnings per share. Core & Main’s revenue for the quarter was up 6.6% on a year-over-year basis. Core & Main has set its FY 2025 guidance at EPS. On average, equities research analysts expect that Core & Main, Inc. will post 2.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Capital World Investors grew its stake in Core & Main by 294.9% in the 3rd quarter. Capital World Investors now owns 5,948,134 shares of the company’s stock valued at $320,188,000 after purchasing an additional 4,442,047 shares during the period. Norges Bank purchased a new position in shares of Core & Main in the 2nd quarter worth about $116,333,000. Holocene Advisors LP purchased a new position in shares of Core & Main in the 3rd quarter worth about $100,765,000. Zurich Insurance Group Ltd FI bought a new position in Core & Main during the third quarter valued at about $67,284,000. Finally, Schonfeld Strategic Advisors LLC increased its holdings in Core & Main by 286.6% during the third quarter. Schonfeld Strategic Advisors LLC now owns 1,379,820 shares of the company’s stock worth $74,276,000 after buying an additional 1,022,864 shares during the last quarter. Hedge funds and other institutional investors own 94.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Citigroup dropped their price objective on shares of Core & Main from $62.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 10th. JPMorgan Chase & Co. raised their price target on shares of Core & Main from $54.00 to $58.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Truist Financial cut their price target on Core & Main from $56.00 to $50.00 and set a “hold” rating for the company in a research note on Thursday, September 11th. The Goldman Sachs Group decreased their price objective on Core & Main from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Friday, September 12th. Finally, Wells Fargo & Company raised their target price on Core & Main from $58.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. Seven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $60.64.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Core & Main

Core & Main, Inc is a specialty distributor focused on water, wastewater, storm drainage and fire protection products, and related services. The company provides infrastructure solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide.