TD Asset Management Inc Purchases Shares of 164,715 Amrize Ltd $AMRZ

Key Points

• TD Asset Management Inc purchased 164,715 shares of Amrize Ltd valued at approximately $8.19 million during the second quarter, while Allspring Global Investments acquired a larger position valued at $62.65 million.
• Analysts are optimistic about Amrize, with JPMorgan Chase raising their target price from $52.00 to $60.00 and Citigroup issuing a "buy" rating and the same target price; the stock has an average rating of "Moderate Buy."
• CEO Jan Philipp Jenisch made a significant personal investment by acquiring 545,000 shares for $26.14 million, which increased his ownership stake by over 60%.

TD Asset Management Inc purchased a new stake in Amrize Ltd (NYSE:AMRZ - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 164,715 shares of the company's stock, valued at approximately $8,190,000.

Separately, Allspring Global Investments Holdings LLC acquired a new position in shares of Amrize in the 2nd quarter valued at $62,646,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Amrize in a report on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on shares of Amrize from $52.00 to $60.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Citigroup began coverage on shares of Amrize in a research note on Friday. They issued a "buy" rating and a $60.00 target price on the stock. Royal Bank Of Canada cut their target price on shares of Amrize from $61.00 to $54.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Finally, Zacks Research raised shares of Amrize from a "strong sell" rating to a "hold" rating in a research note on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $57.50.

Insider Transactions at Amrize

In other news, CEO Jan Philipp Jenisch acquired 545,000 shares of the business's stock in a transaction on Monday, August 11th. The shares were purchased at an average price of $47.96 per share, for a total transaction of $26,138,200.00. Following the acquisition, the chief executive officer directly owned 1,450,000 shares of the company's stock, valued at $69,542,000. This represents a 60.22% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mario Gross acquired 3,000 shares of the business's stock in a transaction on Wednesday, August 13th. The stock was purchased at an average price of $49.63 per share, for a total transaction of $148,890.00. Following the acquisition, the insider directly owned 23,232 shares in the company, valued at $1,153,004.16. This represents a 14.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have acquired a total of 1,124,000 shares of company stock worth $53,225,260 over the last three months.

Amrize Trading Up 0.5%

Shares of AMRZ stock opened at $48.57 on Monday. Amrize Ltd has a 12 month low of $44.12 and a 12 month high of $56.29. The company has a current ratio of 1.38, a quick ratio of 0.85 and a debt-to-equity ratio of 0.42. The business has a fifty day moving average price of $50.63.

Amrize (NYSE:AMRZ - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.25). The business had revenue of $3.22 billion for the quarter.

Amrize Profile

Amrize AG focuses on building materials business in North America. The company was incorporated in 2023 and is based in Zug, Switzerland. Amrize AG operates independently of Holcim AG as of June 23, 2025.

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