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Franklin Resources Inc. Acquires 101,417 Shares of CBRE Group, Inc. $CBRE

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Key Points

  • Franklin Resources increased its stake in CBRE by 101,417 shares (a 3.6% lift) to 2,885,274 shares, representing about 0.97% of the company and valued at roughly $454.6 million at quarter-end.
  • Analysts have a consensus of "Moderate Buy" with an average price target of $182.43 (seven Buy ratings, one Hold), and recent target upgrades from firms including Barclays and UBS to $192 and $185 respectively.
  • CBRE beat quarterly EPS estimates ($2.73 vs. $2.68) on $11.63 billion revenue (up 11.8% y/y) and set FY2026 guidance of $7.30–$7.60 in EPS.
  • Five stocks to consider instead of CBRE Group.

Franklin Resources Inc. lifted its holdings in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 3.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,885,274 shares of the financial services provider's stock after purchasing an additional 101,417 shares during the quarter. Franklin Resources Inc. owned 0.97% of CBRE Group worth $454,604,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CBRE. ORG Partners LLC grew its position in shares of CBRE Group by 264.4% in the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider's stock valued at $26,000 after purchasing an additional 119 shares during the period. Ameriflex Group Inc. acquired a new stake in CBRE Group during the 3rd quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new stake in CBRE Group during the 2nd quarter worth approximately $30,000. Evelyn Partners Asset Management Ltd bought a new position in CBRE Group in the second quarter valued at approximately $32,000. Finally, Bank of Jackson Hole Trust bought a new position in CBRE Group in the third quarter valued at approximately $38,000. Institutional investors own 98.41% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of CBRE Group from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 13th. Raymond James Financial set a $180.00 price objective on shares of CBRE Group and gave the company an "outperform" rating in a research report on Thursday, February 12th. Barclays upped their target price on shares of CBRE Group from $190.00 to $192.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 13th. Wall Street Zen upgraded CBRE Group from a "hold" rating to a "buy" rating in a report on Saturday, February 28th. Finally, UBS Group raised CBRE Group from a "neutral" rating to a "buy" rating and lifted their price target for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, CBRE Group presently has an average rating of "Moderate Buy" and an average target price of $182.43.

Check Out Our Latest Stock Analysis on CBRE

CBRE Group Price Performance

Shares of CBRE opened at $132.40 on Thursday. The stock has a market capitalization of $39.08 billion, a P/E ratio of 34.30 and a beta of 1.33. CBRE Group, Inc. has a twelve month low of $108.45 and a twelve month high of $174.27. The company has a 50 day moving average of $157.33 and a 200-day moving average of $158.27. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55.

CBRE Group (NYSE:CBRE - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, topping analysts' consensus estimates of $2.68 by $0.05. CBRE Group had a net margin of 2.85% and a return on equity of 21.75%. The business had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.67 billion. During the same quarter in the previous year, the firm posted $2.32 earnings per share. The firm's revenue for the quarter was up 11.8% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, equities research analysts forecast that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer directly owned 126,501 shares in the company, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.42% of the company's stock.

CBRE Group Profile

(Free Report)

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.

Featured Stories

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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