Core & Main, Inc. (NYSE:CNM) Given Consensus Recommendation of “Moderate Buy” by Analysts

Posted by Francis Steltz on Jun 9th, 2026

Shares of Core & Main, Inc. (NYSE:CNM – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $61.6364.

A number of research analysts have weighed in on CNM shares. Barclays reduced their price target on shares of Core & Main from $63.00 to $62.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 25th. Zacks Research cut shares of Core & Main from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Core & Main from $65.00 to $62.00 and set a “buy” rating on the stock in a research report on Wednesday, March 25th.

Get Our Latest Stock Report on CNM

Insiders Place Their Bets

In other news, Director James D. Hope bought 1,972 shares of Core & Main stock in a transaction dated Tuesday, April 7th. The shares were acquired at an average cost of $50.70 per share, with a total value of $99,980.40. Following the completion of the transaction, the director owned 6,939 shares in the company, valued at approximately $351,807.30. This trade represents a 39.70% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Robyn L. Bradbury sold 5,000 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $52.54, for a total transaction of $262,700.00. Following the transaction, the chief financial officer directly owned 12,500 shares in the company, valued at approximately $656,750. The trade was a 28.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.51% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CNM. Raiffeisen Bank International AG raised its holdings in Core & Main by 3.8% in the third quarter. Raiffeisen Bank International AG now owns 497,051 shares of the company’s stock valued at $26,657,000 after acquiring an additional 18,000 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in Core & Main by 881.9% in the fourth quarter. Assenagon Asset Management S.A. now owns 52,963 shares of the company’s stock valued at $2,752,000 after acquiring an additional 47,569 shares in the last quarter. Procyon Advisors LLC acquired a new stake in Core & Main in the fourth quarter valued at $1,779,000. Envestnet Asset Management Inc. raised its holdings in Core & Main by 16.1% in the third quarter. Envestnet Asset Management Inc. now owns 218,050 shares of the company’s stock valued at $11,738,000 after acquiring an additional 30,262 shares in the last quarter. Finally, Bornite Capital Management LP acquired a new stake in Core & Main in the third quarter valued at $53,830,000. 94.19% of the stock is owned by institutional investors and hedge funds.

Core & Main Trading Up 0.5%

Shares of CNM stock opened at $52.22 on Tuesday. The stock has a market cap of $10.16 billion, a price-to-earnings ratio of 22.60, a price-to-earnings-growth ratio of 1.87 and a beta of 0.91. The company has a quick ratio of 1.51, a current ratio of 2.63 and a debt-to-equity ratio of 1.02. Core & Main has a fifty-two week low of $43.96 and a fifty-two week high of $67.18. The firm’s 50 day moving average price is $49.71 and its two-hundred day moving average price is $51.99.

Core & Main Company Profile

(Get Free Report)

Core & Main, Inc (NYSE:CNM) is a leading distributor of water, sewer, storm drainage and fire protection products across North America. The company’s product portfolio includes valves, hydrants, pipe and fittings, meters, couplings and other essential components that support municipal, industrial and environmental infrastructure projects. By combining a comprehensive inventory with logistics and technical support, Core & Main helps customers address complex water system and distribution challenges.

With more than 300 branch locations and over 3,500 employees, Core & Main serves a diverse customer base that includes municipalities, contractors, engineers and utility providers.

Analyst Recommendations for Core & Main (NYSE:CNM)

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