Handelsbanken Fonder AB Boosts Stock Position in CBRE Group, Inc. $CBRE

Key Points

• Handelsbanken Fonder AB more than doubled its CBRE Group stake during the second quarter, adding 67,640 shares to own 131,177 shares valued at approximately $17.7 million. Institutional investors collectively own 98.41% of the company.
• CBRE reported quarterly EPS of $1.56, beating the $1.47 consensus estimate, while revenue rose 15.1% year over year to $11.23 billion. The company set fiscal 2026 EPS guidance at $7.80–$7.90.
• Analyst sentiment remains positive, with eight Buy ratings and one Hold rating producing a “Moderate Buy” consensus and an average price target of $180.57; CBRE recently traded at $147.47.

Handelsbanken Fonder AB boosted its stake in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 106.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 131,177 shares of the financial services provider's stock after acquiring an additional 67,640 shares during the period. Handelsbanken Fonder AB's holdings in CBRE Group were worth $17,668,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the company. State Street Corp increased its stake in shares of CBRE Group by 0.8% in the third quarter. State Street Corp now owns 13,839,768 shares of the financial services provider's stock worth $2,180,594,000 after purchasing an additional 105,586 shares in the last quarter. Principal Financial Group Inc. increased its stake in CBRE Group by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 9,870,413 shares of the financial services provider's stock worth $1,337,051,000 after acquiring an additional 302,426 shares during the last quarter. Geode Capital Management LLC raised its stake in CBRE Group by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 8,475,131 shares of the financial services provider's stock valued at $1,369,409,000 after purchasing an additional 151,027 shares in the last quarter. Harris Associates L P lifted its holdings in shares of CBRE Group by 0.6% during the 4th quarter. Harris Associates L P now owns 6,928,621 shares of the financial services provider's stock worth $1,114,053,000 after acquiring an additional 38,646 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in shares of CBRE Group by 6.4% in the 4th quarter. Morgan Stanley now owns 6,691,017 shares of the financial services provider's stock worth $1,075,849,000 after purchasing an additional 403,489 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company's stock.

Insider Transactions at CBRE Group

In related news, CEO Vikramaditya Kohli sold 2,666 shares of the company's stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total value of $399,900.00. Following the transaction, the chief executive officer owned 134,869 shares in the company, valued at $20,230,350. The trade was a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the sale, the chief financial officer directly owned 110,729 shares in the company, valued at $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Weiss Ratings cut CBRE Group from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, May 26th. UBS Group increased their price target on shares of CBRE Group from $185.00 to $190.00 and gave the stock a "buy" rating in a research note on Thursday, July 30th. Evercore restated an "outperform" rating and issued a $175.00 target price on shares of CBRE Group in a research note on Thursday, July 30th. Wall Street Zen cut CBRE Group from a "buy" rating to a "hold" rating in a research note on Sunday, August 2nd. Finally, Keefe, Bruyette & Woods increased their price objective on CBRE Group from $158.00 to $174.00 and gave the stock an "outperform" rating in a report on Thursday, July 30th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $180.57.

CBRE Group Price Performance

CBRE stock opened at $147.47 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a 50 day moving average price of $139.32 and a 200-day moving average price of $142.03. CBRE Group, Inc. has a 52-week low of $121.69 and a 52-week high of $174.27. The firm has a market capitalization of $42.70 billion, a price-to-earnings ratio of 33.82 and a beta of 1.18.

CBRE Group (NYSE:CBRE - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.09. CBRE Group had a return on equity of 25.12% and a net margin of 2.98%.The company had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $11.18 billion. During the same quarter in the prior year, the business posted $1.19 EPS. The firm's quarterly revenue was up 15.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Equities research analysts forecast that CBRE Group, Inc. will post 7.77 EPS for the current fiscal year.

CBRE Group Company Profile

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.

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