Exploring Core & Main, Inc. (CNM) Investor Profile: Who’s Buying and Why?

Have you ever wondered who the major players are behind Core & Main, Inc. (CNM), and what's driving their investment decisions? With 2024 fiscal year revenue reaching $7.44 billion, an 11.0% increase from the previous year, and earnings hitting $411 million, up by 10.78%, it's clear that this industrial distributor is making waves. But who are the institutional investors and major shareholders that hold Core & Main's stock? What are the analysts saying about CNM's future, especially with a forecasted 12-month stock price increase of 15.70% to $56.82? Dig in to discover the investor profile of Core & Main and the factors influencing their investment strategies.

Core & Main, Inc. (CNM) Who Invests in Core & Main, Inc. (CNM) and Why?

Understanding the investor profile of Core & Main, Inc. (CNM) involves examining the various types of investors, their motivations, and the strategies they employ. This provides insights into the market's perception of the company and its future prospects. Here’s a detailed look at who’s investing in Core & Main, Inc. (CNM) and why.

Key Investor Types

The investor base of Core & Main, Inc. (CNM) is diverse, comprising retail investors, institutional investors, and hedge funds. Each group brings different investment philosophies and objectives.

• Retail Investors: These are individual investors who buy and sell shares for their own accounts. Their investment decisions are often based on personal financial goals, risk tolerance, and investment horizons.
• Institutional Investors: This category includes entities such as mutual funds, pension funds, insurance companies, and endowments. These investors manage large sums of money on behalf of others and typically have a longer-term investment horizon.
• Hedge Funds: These are investment partnerships that use pooled funds and employ various strategies to generate returns. Hedge funds are known for their flexibility and ability to invest in a wide range of assets.

Investment Motivations

Several factors attract investors to Core & Main, Inc. (CNM). These motivations often revolve around the company's growth prospects, dividend policy, and market position.

• Growth Prospects: Investors are drawn to Core & Main, Inc. (CNM)'s potential for growth, driven by factors such as expanding infrastructure development, increasing demand for water and wastewater management solutions, and strategic acquisitions.
• Market Position: Core & Main, Inc. (CNM)'s strong market position as a leading distributor in its sector is another key attraction. A dominant market share often translates to stable revenues and earnings.

Investment Strategies

Investors in Core & Main, Inc. (CNM) adopt various strategies depending on their investment goals and risk appetite.

• Long-Term Holding: Many institutional investors adopt a long-term holding strategy, viewing Core & Main, Inc. (CNM) as a stable investment that will appreciate over time. This approach is often based on the company's consistent performance and growth potential.
• Short-Term Trading: Hedge funds and some retail investors may engage in short-term trading, aiming to profit from price fluctuations. This strategy involves buying and selling shares within a shorter timeframe to capitalize on market movements.
• Value Investing: Some investors may follow a value investing approach, believing that Core & Main, Inc. (CNM) is undervalued by the market. They invest with the expectation that the company's true value will be recognized over time.

Institutional investors play a significant role in Core & Main, Inc. (CNM). As of December 31, 2024, 99.5% of the company's stock was held by institutional investors. A more detailed breakdown reveals the top institutional holders:

• BlackRock Fund Advisors owns 11,467,527 shares, representing 5.62% ownership.
• Vanguard Fiduciary Trust Company owns 10,309,235 shares, representing 5.06% ownership.
• Capital Research & Management Co. owns 9,989,933 shares, representing 4.90% ownership.

These major institutional holdings reflect a strong confidence in Core & Main, Inc. (CNM)'s stability and growth prospects. The presence of diverse investor types, from retail to institutional and hedge funds, indicates a balanced market view of the company. Their investment decisions are influenced by growth prospects, dividend policies, and market positions, leading to strategies ranging from long-term holding to short-term trading and value investing.

To gain further insights into Core & Main, Inc. (CNM), explore its Core & Main, Inc. (CNM): History, Ownership, Mission, How It Works & Makes Money.

Core & Main, Inc. (CNM) Institutional Ownership and Major Shareholders of Core & Main, Inc. (CNM)

Understanding the institutional ownership of Core & Main, Inc. (CNM) provides valuable insights into the company's stock stability, investor confidence, and potential influence on its stock price and corporate strategy. Large institutional investors often have significant resources and conduct thorough research, making their investment decisions noteworthy for other investors.

Here's an overview of Core & Main, Inc. (CNM)'s top institutional investors and their recent activity:

As of December 31, 2024, the top institutional holders of Core & Main, Inc. (CNM) include:

• BlackRock Fund Advisors: Holding approximately 12.5 million shares, representing about 5.7% ownership.
• The Vanguard Group: Holding approximately 11.9 million shares, representing about 5.4% ownership.
• Capital Research & Management Co.: Holding approximately 11.5 million shares, representing about 5.2% ownership.
• T. Rowe Price Associates: Holding approximately 9.7 million shares, representing about 4.4% ownership.
• JPMorgan Investment Management: Holding approximately 5.3 million shares, representing about 2.4% ownership.

These major institutional investors collectively hold a significant percentage of Core & Main, Inc. (CNM)'s outstanding shares, indicating strong institutional interest and confidence in the company's performance and future prospects.

Institutional investors frequently adjust their holdings based on various factors, including company performance, market conditions, and broader economic trends. Recent changes in ownership can provide insights into the evolving sentiment of these sophisticated investors.

Based on the latest available data, here’s a snapshot of the recent changes in institutional ownership:

During the fourth quarter of 2024:

• BlackRock Fund Advisors increased their holdings by 3.2%.
• The Vanguard Group increased their holdings by 4.5%.
• Capital Research & Management Co. reduced their holdings by 2.1%.
• T. Rowe Price Associates increased their holdings by 1.8%.
• JPMorgan Investment Management increased their holdings by 5.7%.

These adjustments reflect ongoing evaluations and rebalancing of portfolios by these institutions. Increases in holdings suggest a positive outlook, while decreases may indicate concerns or shifts in investment strategy.

Institutional investors play a crucial role in shaping a company's stock price and influencing its corporate strategy. Their trading activity can drive significant price movements, and their engagement with company management can impact strategic decisions.

Here’s how institutional investors can impact Core & Main, Inc. (CNM):

• Stock Price Stability: Large institutional holdings can provide stability to the stock price, reducing volatility.
• Increased Liquidity: High institutional ownership generally increases the liquidity of the stock, making it easier for other investors to trade shares.
• Corporate Governance: Institutional investors often engage with company management on issues such as executive compensation, board composition, and environmental, social, and governance (ESG) matters.
• Strategic Influence: Their substantial holdings can give them influence over major corporate decisions, such as mergers, acquisitions, and significant capital expenditures.

The presence of reputable institutional investors can enhance investor confidence and attract further investment, contributing to the overall health and growth of Core & Main, Inc. (CNM).

To gain further insights into the company's direction, see Mission Statement, Vision, & Core Values of Core & Main, Inc. (CNM).

Core & Main, Inc. (CNM) Key Investors and Their Impact on [Company Name]

Understanding the investor profile of Core & Main, Inc. (CNM) can offer valuable insights into the company's stability, strategic direction, and potential stock performance. Here's a breakdown of notable investors and their influence:

Major Shareholders:

Core & Main's stock is primarily held by institutional investors. Key shareholders include:

• BlackRock, Inc.: Holds approximately 11.29% of the company's shares, representing 22,339,304 shares valued at around $1.10 billion.
• Vanguard Group Inc: Owns about 9.21% of the company, with 18,219,997 shares valued at approximately $898.79 million.
• Select Equity Group, L.P.: Possesses a significant stake of 6.66%, which translates to 13,182,779 shares worth around $650.31 million.
• FMR LLC: Holds 4.58% of the company, with 9,055,993 shares valued at approximately $446.73 million.
• Pictet Asset Management Holding SA: Owns approximately 4.05% of the company, holding 8,006,669 shares valued at around $394.97 million.
• Morgan Stanley: Has a stake of 3.65%, with 7,223,493 shares valued at approximately $356.33 million.
• Invesco Ltd: Holds approximately 2.99% of the company, with 5,926,569 shares valued at around $292.36 million.
• State Street Corp: Owns about 2.99% of the company, holding 5,912,316 shares valued at approximately $291.65 million.

Institutional Ownership:

A significant portion of Core & Main, Inc. (CNM) is owned by institutional investors. As of early 2025, institutional shareholders own approximately 99.85% of Core & Main's stock. This indicates strong confidence from major financial institutions in the company's prospects.

Insider Ownership:

Company insiders, including executives and board members, hold a small percentage of Core & Main's stock. Insider ownership stands at approximately 0.15%, suggesting that while insiders have a stake in the company's performance, institutional investors have a much larger influence.

Recent Moves:

Recent insider trading activity shows that Core & Main insiders have been net sellers of the stock. For instance, in March 2025, several executives, including the CEO Stephen O. Leclair, EVP Jeffrey D. Giles, Chief Human Resources Officer Laura K. Schneider, and General Counsel Mark G. Whittenburg, sold shares of CNM. While these sales may be part of personal financial planning, they are worth noting.

Here is a summary of insider sales in March 2025:

• Stephen O. Leclair (Chief Executive Officer) sold 4,889 shares for $227.58k.
• Mark G. Whittenburg (General Counsel and Secretary) sold 510 shares for $23.74k.
• Laura K. Schneider (Chief Human Resources Officer) sold 434 shares for $20.20k.
• Jeffrey D. Giles (EVP Corporate Department) sold 436 shares for $20.30k.

Investor Influence:

Large institutional investors like BlackRock and Vanguard can significantly influence company decisions through their voting power. Their investment decisions can also impact stock movements, as large purchases or sales can affect the stock price.

Activist Investors:

Select Equity Group, L.P. could be considered an activist investor, as indicated by their filing of a 13G/A form with the SEC. However, their stake in Core & Main decreased by -19.49%, reducing their ownership to 6.90% in February 2025.

Additional Points:

Here's a table summarizing the ownership structure of Core & Main, Inc. (CNM):

For further insights into Core & Main, Inc. (CNM)'s financial standing, consider exploring this resource: Breaking Down Core & Main, Inc. (CNM) Financial Health: Key Insights for Investors

Core & Main, Inc. (CNM) Market Impact and Investor Sentiment

Understanding investor sentiment and recent market reactions to Core & Main, Inc. (CNM) is crucial for assessing the company's current market position and future prospects. Examining major shareholders' attitudes and how the stock market responds to significant investor moves provides valuable insights.

Investor sentiment toward Core & Main, Inc. (CNM) can be gauged by analyzing the behavior of its major shareholders. Positive sentiment is typically reflected in increased buying activity, while negative sentiment may lead to selling pressure. Neutral sentiment might manifest as a holding pattern, with investors maintaining their positions without significant changes.

Recent market reactions to Core & Main, Inc. (CNM) are closely tied to changes in ownership or large investor moves. For instance, a substantial purchase by a well-known institutional investor can often drive the stock price up, signaling confidence in the company's prospects. Conversely, a significant sell-off by a major shareholder might trigger a decline in the stock price, reflecting concerns about the company's future performance.

Analyst perspectives play a vital role in interpreting the impact of key investors on Core & Main, Inc. (CNM). Analysts often provide insights into why major investors are taking specific actions, offering context and potential implications for the company's future. These perspectives can help investors understand the rationale behind significant ownership changes and their potential effects on Core & Main, Inc. (CNM).

Institutional investors hold a substantial portion of Core & Main, Inc. (CNM)'s shares. According to Yahoo Finance, institutional ownership is at 98.70% as of April 11, 2025.

Here's a look at some of the top institutional holders:

• The Vanguard Group, Inc. owns 12,749,571 shares
• BlackRock Fund Advisors owns 7,617,872 shares
• Capital Research & Management Co. owns 6,879,141 shares

These large institutional holdings can significantly influence the stock's stability and trading volume.

The following table outlines key institutional holders and their positions in Core & Main, Inc. (CNM):

For a deeper dive into the company's financial standing, consider exploring: Breaking Down Core & Main, Inc. (CNM) Financial Health: Key Insights for Investors