Pictet Asset Management Holding SA Acquires 70,536 Shares of Boise Cascade, L.L.C. $BCC

Posted by George Bondi on Jul 4th, 2026

Pictet Asset Management Holding SA lifted its holdings in shares of Boise Cascade, L.L.C. (NYSE:BCC – Free Report) by 273.6% in the first quarter, HoldingsChannel.com reports. The fund owned 96,313 shares of the construction company’s stock after acquiring an additional 70,536 shares during the period. Pictet Asset Management Holding SA’s holdings in Boise Cascade were worth $7,305,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of BCC. Norges Bank purchased a new position in Boise Cascade in the fourth quarter worth $42,146,000. Wellington Management Group LLP increased its position in shares of Boise Cascade by 19.8% during the 3rd quarter. Wellington Management Group LLP now owns 3,268,407 shares of the construction company’s stock valued at $252,713,000 after purchasing an additional 539,962 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Boise Cascade by 214,282.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 420,189 shares of the construction company’s stock valued at $30,926,000 after purchasing an additional 419,993 shares during the last quarter. Concentric Capital Strategies LP raised its stake in shares of Boise Cascade by 202.0% during the 4th quarter. Concentric Capital Strategies LP now owns 425,179 shares of the construction company’s stock worth $31,293,000 after purchasing an additional 284,406 shares during the period. Finally, Two Sigma Investments LP raised its stake in shares of Boise Cascade by 377.6% during the 3rd quarter. Two Sigma Investments LP now owns 292,556 shares of the construction company’s stock worth $22,620,000 after purchasing an additional 231,302 shares during the period. 96.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BCC. Weiss Ratings raised shares of Boise Cascade from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 18th. Truist Financial set a $97.00 price objective on shares of Boise Cascade in a research report on Wednesday, May 6th. DA Davidson dropped their target price on shares of Boise Cascade from $95.00 to $92.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Zacks Research raised shares of Boise Cascade from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

Read Our Latest Analysis on Boise Cascade

Boise Cascade Stock Performance

NYSE:BCC opened at $75.96 on Friday. The company has a market capitalization of $2.67 billion, a P/E ratio of 25.66, a P/E/G ratio of 1.13 and a beta of 1.08. The business has a fifty day simple moving average of $72.49 and a two-hundred day simple moving average of $76.88. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.77 and a quick ratio of 1.37. Boise Cascade, L.L.C. has a 1 year low of $65.00 and a 1 year high of $95.00.

Boise Cascade (NYSE:BCC – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The construction company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.07. The firm had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Boise Cascade had a return on equity of 5.55% and a net margin of 1.73%.The business’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.06 EPS. On average, analysts expect that Boise Cascade, L.L.C. will post 3.67 earnings per share for the current year.

Boise Cascade Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 17th. Shareholders of record on Monday, June 1st were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.88 annualized dividend and a yield of 1.2%. Boise Cascade’s dividend payout ratio is 29.73%.

Insider Buying and Selling

In other Boise Cascade news, SVP Jill Twedt sold 6,070 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $66.45, for a total transaction of $403,351.50. Following the completion of the transaction, the senior vice president owned 26,545 shares in the company, valued at $1,763,915.25. This trade represents a 18.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.42% of the stock is currently owned by company insiders.

About Boise Cascade

(Free Report)

Boise Cascade Company operates as a leading manufacturer and distributor of wood products and building materials in North America. The company’s operations are organized into two primary segments: wood products manufacturing and building materials distribution. In its manufacturing segment, Boise Cascade produces a wide array of engineered wood products, including plywood, oriented strand board (OSB), lumber, particleboard and laminated veneer lumber (LVL), serving residential, commercial and industrial customers.

In its distribution segment, Boise Cascade sources and delivers building materials through an extensive network of distribution centers, servicing professional builders, remodelers, contractors and industrial customers.