Free Trial

Bank of America Corp DE Sells 107,215 Shares of Constellium SE (NYSE:CSTM)

Constellium logo with Industrials background

Bank of America Corp DE decreased its holdings in shares of Constellium SE (NYSE:CSTM - Free Report) by 35.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 191,922 shares of the industrial products company's stock after selling 107,215 shares during the quarter. Bank of America Corp DE owned 0.13% of Constellium worth $1,971,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. T. Rowe Price Investment Management Inc. grew its holdings in shares of Constellium by 26.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,828,738 shares of the industrial products company's stock worth $203,642,000 after purchasing an additional 4,181,823 shares in the last quarter. Nut Tree Capital Management LP boosted its stake in Constellium by 52.8% in the fourth quarter. Nut Tree Capital Management LP now owns 5,500,000 shares of the industrial products company's stock worth $56,485,000 after buying an additional 1,900,000 shares in the last quarter. Kailix Advisors LLC boosted its stake in Constellium by 25.6% in the fourth quarter. Kailix Advisors LLC now owns 2,085,187 shares of the industrial products company's stock worth $21,415,000 after buying an additional 424,779 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Constellium by 242.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,522,400 shares of the industrial products company's stock worth $15,636,000 after buying an additional 1,078,196 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Constellium by 15.1% in the fourth quarter. Victory Capital Management Inc. now owns 947,430 shares of the industrial products company's stock worth $9,730,000 after buying an additional 124,140 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

Constellium Price Performance

CSTM traded up $0.14 during midday trading on Friday, hitting $12.97. The stock had a trading volume of 1,385,490 shares, compared to its average volume of 1,462,638. The company has a market cap of $1.85 billion, a P/E ratio of 40.53 and a beta of 1.69. The business has a fifty day moving average of $10.46 and a 200 day moving average of $10.71. The company has a debt-to-equity ratio of 1.93, a quick ratio of 0.52 and a current ratio of 1.28. Constellium SE has a 1 year low of $7.33 and a 1 year high of $21.23.

Constellium (NYSE:CSTM - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The industrial products company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.19. Constellium had a return on equity of 4.83% and a net margin of 0.67%. The firm had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the previous year, the company posted $0.11 earnings per share. The business's revenue was up 5.3% on a year-over-year basis. As a group, equities analysts forecast that Constellium SE will post 1.1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised Constellium from a "hold" rating to a "buy" rating and set a $15.00 target price for the company in a research note on Tuesday, February 25th.

Read Our Latest Research Report on Constellium

Constellium Company Profile

(Free Report)

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of rolled and extruded aluminum products for the packaging, aerospace, automotive, defense, and other transportation and industry end-markets. The company operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry.

Recommended Stories

Institutional Ownership by Quarter for Constellium (NYSE:CSTM)

Should You Invest $1,000 in Constellium Right Now?

Before you consider Constellium, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Constellium wasn't on the list.

While Constellium currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Summer 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines