Core & Main, Inc. (NYSE:CNM) Receives $61.64 Average PT from Analysts

Posted by Brian Himes on May 13th, 2026

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

Several analysts have commented on CNM shares. Barclays reduced their price objective on Core & Main from $63.00 to $62.00 and set an “overweight” rating for the company in a research note on Wednesday, March 25th. Wells Fargo & Company boosted their target price on Core & Main from $57.00 to $65.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft decreased their price target on Core & Main from $65.00 to $62.00 and set a “buy” rating for the company in a report on Wednesday, March 25th. Finally, Zacks Research cut shares of Core & Main from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th.

Read Our Latest Stock Analysis on CNM

Insider Transactions at Core & Main

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. TD Waterhouse Canada Inc. acquired a new stake in shares of Core & Main in the fourth quarter valued at about $26,000. EverSource Wealth Advisors LLC increased its position 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 in the last quarter. Whittier Trust Co. acquired a new position in shares of Core & Main during the 4th quarter worth $28,000. Cubist Systematic Strategies LLC boosted its position in shares of Core & Main by 262.0% in the 1st quarter. Cubist Systematic Strategies LLC now owns 724 shares of the company’s stock worth $35,000 after buying an additional 524 shares in the last quarter. Finally, Quarry LP purchased a new stake in shares of Core & Main in the 4th quarter worth about $38,000. Institutional investors and hedge funds own 94.19% of the company’s stock.

Core & Main Trading Down 3.1%

Shares of Core & Main stock opened at $47.42 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.51 and a current ratio of 2.63. The company has a market capitalization of $9.23 billion, a P/E ratio of 20.53, a PEG ratio of 1.77 and a beta of 0.93. Core & Main has a 1 year low of $43.96 and a 1 year high of $67.18. The company’s fifty day moving average is $50.10 and its two-hundred day moving average is $52.26.

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.