Core & Main (NYSE:CNM) Reaches New 1-Year Low – Should You Sell?

Posted by Stanley Muller on Sep 1st, 2026

Shares of Core & Main, Inc. (NYSE:CNM – Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $41.87 and last traded at $41.98, with a volume of 1459206 shares. The stock had previously closed at $42.96.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on CNM shares. Northcoast Research lowered shares of Core & Main from a “buy” rating to a “neutral” rating in a report on Wednesday, August 26th. Citigroup dropped their price objective on shares of Core & Main from $54.00 to $53.00 and set a “neutral” rating for the company in a research note on Thursday, June 11th. The Goldman Sachs Group restated a “neutral” rating and issued a $24.00 target price on shares of Core & Main in a research report on Thursday, June 11th. William Blair started coverage on shares of Core & Main in a research note on Thursday, July 23rd. They set a “market perform” rating on the stock. Finally, Wall Street Zen cut shares of Core & Main from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $56.70.

Check Out Our Latest Report on Core & Main

Core & Main Stock Performance

The company has a current ratio of 2.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.00. The company’s 50-day simple moving average is $45.21 and its 200-day simple moving average is $48.68. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 1.48 and a beta of 0.92.

Insider Buying and Selling at Core & Main

In other Core & Main news, Director James D. Hope acquired 2,067 shares of Core & Main stock in a transaction that occurred on Monday, July 6th. The shares were bought at an average price of $46.01 per share, with a total value of $95,102.67. Following the completion of the purchase, the director directly owned 11,805 shares in the company, valued at $543,148.05. This trade represents a 21.23% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 1.51% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CNM. Deutsche Bank AG lifted its holdings in Core & Main by 1.1% during the 4th quarter. Deutsche Bank AG now owns 17,859 shares of the company’s stock worth $928,000 after buying an additional 190 shares during the period. Fifth Third Wealth Advisors LLC grew its position in shares of Core & Main by 4.8% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 5,726 shares of the company’s stock valued at $283,000 after buying an additional 261 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of 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 buying an additional 269 shares during the period. State of Michigan Retirement System raised its position in shares of Core & Main by 0.7% during the first quarter. State of Michigan Retirement System now owns 45,400 shares of the company’s stock worth $2,243,000 after acquiring an additional 300 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its position in shares of Core & Main by 47.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 961 shares of the company’s stock worth $52,000 after acquiring an additional 311 shares during the last quarter. 94.19% of the stock is owned by institutional investors.

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.