Cavco Industries (NASDAQ:CVCO) Coverage Initiated by Analysts at UBS Group

Posted by George Bondi on Jun 5th, 2026

Equities researchers at UBS Group began coverage on shares of Cavco Industries (NASDAQ:CVCO – Get Free Report) in a report issued on Friday, Marketbeat.com reports. The brokerage set a “buy” rating and a $700.00 price target on the construction company’s stock. UBS Group’s price target indicates a potential upside of 27.21% from the stock’s previous close.

Several other brokerages have also recently weighed in on CVCO. Zacks Research upgraded Cavco Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, April 3rd. Zelman & Associates upgraded Cavco Industries to an “outperform” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Cavco Industries in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $625.00.

Check Out Our Latest Analysis on Cavco Industries

Cavco Industries Stock Up 1.1%

Shares of CVCO opened at $550.29 on Friday. Cavco Industries has a 12-month low of $393.53 and a 12-month high of $713.01. The business’s fifty day moving average is $504.39 and its 200 day moving average is $554.46. The stock has a market cap of $4.23 billion, a P/E ratio of 22.96 and a beta of 1.30.

Cavco Industries (NASDAQ:CVCO – Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The construction company reported $5.42 earnings per share for the quarter, beating the consensus estimate of $5.30 by $0.12. Cavco Industries had a return on equity of 17.55% and a net margin of 8.49%.The business had revenue of $550.13 million for the quarter, compared to analysts’ expectations of $571.06 million. On average, analysts expect that Cavco Industries will post 25 EPS for the current year.

Insider Buying and Selling at Cavco Industries

In other news, CAO Paul Bigbee sold 200 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $537.75, for a total transaction of $107,550.00. Following the completion of the sale, the chief accounting officer directly owned 1,105 shares of the company’s stock, valued at $594,213.75. This trade represents a 15.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Allison Aden sold 129 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $455.76, for a total value of $58,793.04. Following the sale, the executive vice president directly owned 8,806 shares of the company’s stock, valued at approximately $4,013,422.56. This represents a 1.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 360 shares of company stock valued at $182,127. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Cavco Industries

Several large investors have recently made changes to their positions in CVCO. Northwestern Mutual Wealth Management Co. increased its position in shares of Cavco Industries by 852,093.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,798,128 shares of the construction company’s stock valued at $1,062,226,000 after purchasing an additional 1,797,917 shares during the last quarter. Boston Partners increased its position in shares of Cavco Industries by 82.8% during the 3rd quarter. Boston Partners now owns 369,177 shares of the construction company’s stock valued at $213,866,000 after purchasing an additional 167,230 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Cavco Industries by 53.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 213,572 shares of the construction company’s stock valued at $126,166,000 after purchasing an additional 74,542 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Cavco Industries by 122.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 74,155 shares of the construction company’s stock valued at $43,806,000 after purchasing an additional 40,832 shares during the last quarter. Finally, Bamco Inc. NY purchased a new stake in shares of Cavco Industries during the 4th quarter valued at $21,903,000. 95.56% of the stock is owned by hedge funds and other institutional investors.

About Cavco Industries

(Get Free Report)

Cavco Industries, Inc is a leading designer, manufacturer and retailer of factory-built homes and modular structures. The company produces a range of HUD-code manufactured homes, modular buildings, park model RVs and cabins through its network of production facilities. Its offerings cater to both residential and commercial markets, including customizable single- and multi-section homes, workforce and affordable housing solutions, educational and healthcare modules, as well as specialty lodging products for the recreational vehicle and hospitality industries.

Since its founding in 1967, Cavco has grown through strategic investments and acquisitions, expanding its footprint across the United States and into parts of Canada and Mexico.