Core & Main

CNM

Market cap $9.49B

Overview Fund Activity

49.76 USD

+1.09

2.24%

At close Updated Sep 15, 4:00 PM EDT

Pre-market

After hours

49.50

-0.26

0.52%

1 day

2.24%

5 days

-2.66%

1 month

-22.4%

3 months

-11.14%

6 months

3.99%

Year to date

-3.06%

1 year

20.54%

5 years

109.96%

10 years

109.96%

About: Core & Main Inc is a specialty distributor focusing on water, wastewater, storm drainage, and fire protection products and services. Catering to municipalities, private water companies, and contractors, it serves municipal, non-residential, and residential markets nationwide. Its diverse product line includes pipes, valves, fittings, storm drainage products, fire protection products, and meter products. Revenue is principally generated from pipes, valves, and fittings. The company operates across three construction sectors: municipal, non-residential, and residential, contributing to reliable infrastructure development nationwide.

Employees: 5,700

Industrials Industrial Distribution

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 8 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

205% more call options, than puts

Call options by funds: $72.2M | Put options by funds: $23.6M

79% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 42

25% more capital invested

Capital invested by funds: $9.95B [Q1] → $12.4B (+$2.47B) [Q2]

6% more funds holding

Funds holding: 412 [Q1] → 437 (+25) [Q2]

0.26% more ownership

Funds ownership: 108.35% [Q1] → 108.61% (+0.26%) [Q2]

14% less funds holding in top 10

Funds holding in top 10: 14 [Q1] → 12 (-2) [Q2]

19% less repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 169

See Fund Rankings

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$50

0% upside

Avg. target

$59

18% upside

High target

$68

37% upside

8 analyst ratings

4 positive

50%

4 neutral

50%

0 negative

0%

Goldman Sachs Joe Ritchie	$60	Neutral Maintained	12 Sep 2025
Truist Securities Keith Hughes	$50	Hold Maintained	11 Sep 2025
Citigroup Anthony Pettinari	$54	Neutral Maintained	10 Sep 2025
JP Morgan Stephen Tusa	$54	Overweight Maintained	10 Sep 2025
Wells Fargo Sam Reid	$58	Overweight Maintained	10 Sep 2025
Barclays Matthew Bouley	$65	Overweight Maintained	10 Sep 2025
RBC Capital Mike Dahl	$62	Outperform Maintained	10 Sep 2025
Loop Capital Jeffrey Stevenson	$68	Hold Downgraded	28 Jul 2025

See Analyst Rankings

Financial journalist opinion

Based on 13 articles about CNM published over the past 30 days

Core & Main: The Growth Narrative Is Under Huge Pressure (Rating Downgrade)

I downgrade Core & Main to a sell rating due to collapsing residential demand, rising costs, and execution missteps undermining the growth story. 2Q25 results reinforce the bear case: weak organic growth, deteriorating profitability, and a sharp downgrade in residential lot development outlook. CNM management's cost-control efforts will take time, leaving margins pressured and credibility damaged after cutting FY25 EBITDA guidance.

Core & Main: The Growth Narrative Is Under Huge Pressure (Rating Downgrade)

Core & Main Analysts Cut Their Forecasts After Q2 Results

RBC Capital analyst Mike Dahl maintained Core & Main with an Outperform rating and lowered the price target from $67 to $62.

Core & Main Analysts Cut Their Forecasts After Q2 Results

Top 3 Industrials Stocks That Are Set To Fly In September

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Top 3 Industrials Stocks That Are Set To Fly In September

Core & Main, Inc. (CNM) Q2 2026 Earnings Call Transcript

Core & Main, Inc. (NYSE:CNM ) Q2 2025 Earnings Call September 9, 2025 8:30 AM EDT Company Participants Glenn Floyd - Director of Investor Relations & Treasury Mark Witkowski - CEO & Director Robyn Bradbury - Chief Financial Officer Conference Call Participants Brian Biros - Thompson Research Group, LLC Matthew Bouley - Barclays Bank PLC, Research Division David Manthey - Robert W. Baird & Co. Incorporated, Research Division Richard Reid - Wells Fargo Securities, LLC, Research Division Michael Dahl - RBC Capital Markets, Research Division Collin Verron - Deutsche Bank AG, Research Division Patrick Baumann - JPMorgan Chase & Co, Research Division Asher Sohnen - Citigroup Inc., Research Division Julian Nirmal - Truist Securities, Inc., Research Division Nigel Coe - Wolfe Research, LLC Presentation Operator Hello, and welcome to the Core & Main Q2 2025 Earnings Call.

Core & Main, Inc. (CNM) Q2 2026 Earnings Call Transcript

Investors Business Daily

This Hot Stock Group Is A Big Loser After This Major Warning

Core & Main dives after warning on residential demand. Housing-related stocks slide.

This Hot Stock Group Is A Big Loser After This Major Warning

Zacks Investment Research

Core & Main (CNM) Q2 Earnings Surpass Estimates

Core & Main (CNM) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.61 per share a year ago.

Core & Main (CNM) Q2 Earnings Surpass Estimates

Core & Main Announces Fiscal 2025 Second Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2025 Second Quarter Results.

Core & Main Announces Fiscal 2025 Second Quarter Results

Core & Main Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core & Main, Inc. CNM will release earnings results for the second quarter before the opening bell on Tuesday, Sept. 9.

Core & Main Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Zacks Investment Research

Is Core & Main (CNM) a Buy as Wall Street Analysts Look Optimistic?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Is Core & Main (CNM) a Buy as Wall Street Analysts Look Optimistic?

Core & Main Signs Agreement to Acquire Canada Waterworks

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into an agreement to acquire substantially Canada Waterworks, a distributor of water, wastewater and storm drainage products.

Core & Main Signs Agreement to Acquire Canada Waterworks

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