Rep. Lisa C. McClain Sells Core & Main, Inc. (NYSE:CNM) Shares

Key Points

• Representative Lisa C. McClain sold shares of Core & Main, Inc. (NYSE:CNM) valued between $1,001 and $15,000 on June 17th, marking her involvement in significant stock transactions.
• The stock of Core & Main recently opened at $63.96, reflecting a market cap of $12.61 billion and a price-to-earnings ratio of 29.75.
• In the last 90 days, insiders have sold 528,445 shares of Core & Main stock valued at over $32 million, indicating considerable insider trading activity.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Core & Main, Inc. NYSE: CNM. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Core & Main stock on June 17th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Core & Main Stock Performance

Shares of Core & Main stock traded up $1.4390 during trading hours on Friday, reaching $65.4190. The company had a trading volume of 2,014,313 shares, compared to its average volume of 1,704,555. Core & Main, Inc. has a one year low of $37.22 and a one year high of $66.27. The business has a fifty day simple moving average of $62.26 and a 200 day simple moving average of $55.24. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.96 and a quick ratio of 1.10. The firm has a market cap of $12.90 billion, a PE ratio of 30.43, a price-to-earnings-growth ratio of 1.93 and a beta of 1.04.

Core & Main (NYSE:CNM - Get Free Report) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.52 EPS for the quarter, hitting analysts' consensus estimates of $0.52. Core & Main had a return on equity of 23.55% and a net margin of 5.47%.The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period last year, the company earned $0.49 earnings per share. The business's revenue for the quarter was up 9.8% on a year-over-year basis. Core & Main has set its FY 2025 guidance at EPS. On average, analysts anticipate that Core & Main, Inc. will post 2.16 earnings per share for the current fiscal year.

Analyst Ratings Changes

CNM has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their price objective on Core & Main from $65.00 to $70.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Loop Capital reiterated a "hold" rating and issued a $68.00 price objective on shares of Core & Main in a research report on Monday, July 28th. JPMorgan Chase & Co. increased their price objective on Core & Main from $54.00 to $56.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 27th. Citigroup increased their price objective on Core & Main from $56.00 to $62.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 10th. Finally, Royal Bank Of Canada increased their price objective on Core & Main from $60.00 to $67.00 and gave the stock an "outperform" rating in a research report on Tuesday, June 10th. Six research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $60.00.

Insider Transactions at Core & Main

In other news, insider Stephen O. Leclair sold 80,028 shares of Core & Main stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $62.27, for a total value of $4,983,343.56. Following the transaction, the insider owned 70,736 shares in the company, valued at approximately $4,404,730.72. The trade was a 53.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Mark G. Whittenburg sold 49,100 shares of Core & Main stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $60.03, for a total value of $2,947,473.00. Following the completion of the transaction, the general counsel owned 9,691 shares in the company, valued at approximately $581,750.73. This represents a 83.52% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 528,445 shares of company stock valued at $32,453,755. 3.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Core & Main

A number of large investors have recently added to or reduced their stakes in CNM. Norges Bank purchased a new stake in Core & Main during the second quarter valued at about $116,333,000. Jennison Associates LLC purchased a new stake in Core & Main during the first quarter valued at about $54,742,000. Artemis Investment Management LLP raised its position in Core & Main by 109.6% during the first quarter. Artemis Investment Management LLP now owns 1,791,935 shares of the company's stock valued at $86,568,000 after purchasing an additional 936,863 shares in the last quarter. First Trust Advisors LP raised its position in Core & Main by 38.4% during the fourth quarter. First Trust Advisors LP now owns 3,328,182 shares of the company's stock valued at $169,438,000 after purchasing an additional 923,287 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in Core & Main during the first quarter valued at about $44,028,000. Hedge funds and other institutional investors own 94.19% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Core & Main Company Profile

Core & Main, Inc is a specialty distributor focused on water, wastewater, storm drainage and fire protection products, and related services. The company provides infrastructure solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide.