Commercial Metals Company $CMC Shares Sold by IFP Advisors Inc

Posted by Francis Steltz on May 23rd, 2026

IFP Advisors Inc cut its stake in shares of Commercial Metals Company (NYSE:CMC – Free Report) by 49.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 23,095 shares of the basic materials company’s stock after selling 22,507 shares during the period. IFP Advisors Inc’s holdings in Commercial Metals were worth $1,599,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Artemis Investment Management LLP acquired a new stake in shares of Commercial Metals in the fourth quarter valued at about $103,962,000. Merewether Investment Management LP acquired a new stake in shares of Commercial Metals in the third quarter valued at about $26,847,000. UBS Group AG raised its position in shares of Commercial Metals by 41.8% in the third quarter. UBS Group AG now owns 1,521,130 shares of the basic materials company’s stock valued at $87,130,000 after buying an additional 448,083 shares during the last quarter. Millennium Management LLC raised its position in shares of Commercial Metals by 44.2% in the third quarter. Millennium Management LLC now owns 1,013,517 shares of the basic materials company’s stock valued at $58,054,000 after buying an additional 310,431 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in shares of Commercial Metals by 11,006.1% in the third quarter. Bessemer Group Inc. now owns 260,993 shares of the basic materials company’s stock valued at $14,948,000 after buying an additional 258,643 shares during the last quarter. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Commercial Metals Trading Up 1.7%

Shares of CMC stock opened at $71.87 on Friday. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.38 and a quick ratio of 1.55. The firm has a market cap of $7.97 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 0.41 and a beta of 1.49. The company has a 50-day moving average of $65.93 and a two-hundred day moving average of $68.84. Commercial Metals Company has a 1-year low of $45.50 and a 1-year high of $84.87.

Commercial Metals (NYSE:CMC – Get Free Report) last announced its earnings results on Thursday, March 26th. The basic materials company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.12). The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $2.10 billion. Commercial Metals had a return on equity of 13.54% and a net margin of 6.02%.The company’s quarterly revenue was up 21.5% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS. On average, analysts predict that Commercial Metals Company will post 6.51 EPS for the current year.

Commercial Metals Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, April 6th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, April 6th. This is a positive change from Commercial Metals’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. Commercial Metals’s payout ratio is 16.04%.

Analysts Set New Price Targets

CMC has been the subject of a number of recent research reports. The Goldman Sachs Group initiated coverage on shares of Commercial Metals in a research report on Wednesday, April 1st. They issued a “neutral” rating and a $74.00 target price for the company. JPMorgan Chase & Co. reduced their target price on shares of Commercial Metals from $83.00 to $78.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Commercial Metals to a “buy” rating in a research report on Friday. Wells Fargo & Company reduced their target price on shares of Commercial Metals from $80.00 to $77.00 and set an “overweight” rating for the company in a research report on Friday, March 27th. Finally, Wall Street Zen cut shares of Commercial Metals from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $74.82.

Get Our Latest Stock Analysis on Commercial Metals

Commercial Metals Profile

(Free Report)

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.

Institutional Ownership by Quarter for Commercial Metals (NYSE:CMC)

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