Amrize (NYSE:AMRZ) Cut to Hold at Wells Fargo & Company

Key Points

• Wells Fargo downgraded Amrize from “strong buy” to “hold.” The broader analyst consensus is also “hold,” with an average price target of $55.50.
• Amrize shares opened at $40.98, near their 52-week low of $40.92 and well below the 52-week high of $65.94. Truist and Bank of America recently lowered their price targets to $48 and $40, respectively.
• The company reported quarterly earnings of $0.88 per share, missing the $0.92 consensus estimate, on revenue of $3.49 billion. Insiders have nevertheless purchased nearly 49,000 shares worth approximately $2.16 million over the past 90 days.

Amrize (NYSE:AMRZ - Get Free Report) was downgraded by stock analysts at Wells Fargo & Company from a "strong-buy" rating to a "hold" rating in a report released on Wednesday, Zacks reports.

A number of other equities research analysts also recently weighed in on AMRZ. Zacks Research downgraded Amrize from a "hold" rating to a "strong sell" rating in a research report on Wednesday, August 19th. Truist Financial reiterated a "hold" rating and issued a $48.00 price objective (down from $65.00) on shares of Amrize in a report on Tuesday, July 7th. DA Davidson initiated coverage on Amrize in a research report on Monday, August 24th. They set a "neutral" rating and a $50.00 price objective on the stock. Bank of America reissued an "underperform" rating and set a $40.00 price objective (down from $50.00) on shares of Amrize in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Amrize in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $55.50.

Amrize Price Performance

AMRZ stock opened at $40.98 on Wednesday. The firm has a 50 day simple moving average of $47.76 and a two-hundred day simple moving average of $52.79. The stock has a market cap of $22.66 billion, a PE ratio of 18.88, a P/E/G ratio of 1.17 and a beta of 0.04. Amrize has a one year low of $40.92 and a one year high of $65.94. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.10 and a quick ratio of 0.73.

Amrize (NYSE:AMRZ - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.04). Amrize had a net margin of 9.89% and a return on equity of 10.22%. The company had revenue of $3.49 billion for the quarter. On average, analysts predict that Amrize will post 2.72 EPS for the current fiscal year.

Insider Activity

In related news, insider Mario Gross acquired 3,568 shares of the firm's stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $46.60 per share, for a total transaction of $166,268.80. Following the completion of the acquisition, the insider owned 38,485 shares in the company, valued at approximately $1,793,401. This represents a 10.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Jacques Sanche acquired 4,150 shares of the firm's stock in a transaction dated Wednesday, August 26th. The stock was bought at an average price of $45.02 per share, for a total transaction of $186,833.00. Following the acquisition, the director owned 9,766 shares of the company's stock, valued at approximately $439,665.32. This trade represents a 73.90% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 48,983 shares of company stock valued at $2,158,755. Company insiders own 0.54% of the company's stock.

Hedge Funds Weigh In On Amrize

A number of large investors have recently bought and sold shares of the stock. National Pension Service lifted its position in Amrize by 7.5% in the second quarter. National Pension Service now owns 1,493,022 shares of the company's stock valued at $79,578,000 after purchasing an additional 103,962 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Amrize by 1,419.7% in the second quarter. NewEdge Advisors LLC now owns 2,082 shares of the company's stock worth $111,000 after purchasing an additional 1,945 shares during the last quarter. Arizona State Retirement System increased its stake in shares of Amrize by 5.5% in the second quarter. Arizona State Retirement System now owns 142,718 shares of the company's stock worth $7,607,000 after buying an additional 7,440 shares during the period. Murphy Pohlad Asset Management LLC increased its stake in shares of Amrize by 2.5% in the second quarter. Murphy Pohlad Asset Management LLC now owns 61,005 shares of the company's stock worth $3,252,000 after buying an additional 1,495 shares during the period. Finally, California State Teachers Retirement System raised its holdings in Amrize by 5,444.5% during the 2nd quarter. California State Teachers Retirement System now owns 30,472,836 shares of the company's stock valued at $1,624,202,000 after buying an additional 29,923,230 shares during the last quarter.

About Amrize

Amrize is a North American building materials and solutions company formed through the separation of Holcim's North American business. The company began trading publicly on the New York Stock Exchange in 2025 under the symbol AMRZ.

Amrize supplies essential construction materials, including cement, aggregates, ready-mix concrete and asphalt. It also provides a range of building products and solutions used in residential, commercial and infrastructure construction, including concrete products, roofing systems and other materials designed to support building and construction projects.

The company serves customers across the United States and Canada through a network of production facilities, distribution operations and local businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.