Liontrust Investment Partners LLP Has $78.20 Million Stock Holdings in Core & Main, Inc. $CNM

Posted by George Bondi on Jul 31st, 2026

Liontrust Investment Partners LLP trimmed its position in Core & Main, Inc. (NYSE:CNM – Free Report) by 8.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 1,582,952 shares of the company’s stock after selling 147,845 shares during the period. Liontrust Investment Partners LLP’s holdings in Core & Main were worth $78,198,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. TD Waterhouse Canada Inc. bought a new stake in shares of Core & Main during the fourth quarter worth $26,000. EverSource Wealth Advisors LLC boosted its holdings in Core & Main by 145.4% in the second quarter. EverSource Wealth Advisors LLC now owns 454 shares of the company’s stock valued at $27,000 after acquiring an additional 269 shares during the last quarter. Whittier Trust Co. bought a new position in Core & Main in the fourth quarter valued at about $28,000. Cubist Systematic Strategies LLC increased its position in Core & Main by 262.0% in the first quarter. Cubist Systematic Strategies LLC now owns 724 shares of the company’s stock worth $35,000 after purchasing an additional 524 shares during the period. Finally, Quarry LP acquired a new stake in Core & Main in the fourth quarter worth about $38,000. 94.19% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on CNM shares. Citigroup cut their target price on shares of Core & Main from $54.00 to $53.00 and set a “neutral” rating on the stock in a research report on Thursday, June 11th. Wall Street Zen upgraded shares of Core & Main from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. The Goldman Sachs Group reissued a “neutral” rating and set a $24.00 price target on shares of Core & Main in a research note on Thursday, June 11th. Finally, William Blair began coverage on shares of Core & Main in a report on Thursday, July 23rd. They issued a “market perform” rating on the stock. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $56.70.

View Our Latest Report on Core & Main

Core & Main Trading Up 2.7%

NYSE CNM opened at $43.51 on Friday. The stock has a 50-day simple moving average of $47.07 and a 200 day simple moving average of $50.46. The company has a market capitalization of $8.42 billion, a PE ratio of 18.44, a P/E/G ratio of 1.46 and a beta of 0.91. The company has a current ratio of 2.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.00. Core & Main, Inc. has a 12 month low of $41.88 and a 12 month high of $67.18.

Insider Transactions at Core & Main

In related news, Director James D. Hope bought 2,067 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was bought at an average cost of $46.01 per share, for a total transaction of $95,102.67. Following the transaction, the director owned 11,805 shares of the company’s stock, valued at $543,148.05. This represents a 21.23% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.51% of the company’s stock.

About Core & Main

(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.