
Core & Main Closes Acquisition of Pioneer Supply
ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed its previously announced acquisition of Pioneer Supply, a distributor of water, wastewater and storm drainage products.
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ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed its previously announced acquisition of Pioneer Supply, a distributor of water, wastewater and storm drainage products.

January momentum looks intact as HOOD, MDB, IOT, CIEN and CNM stand out after December's mixed finish.

From a technical perspective, Core & Main (CNM) is looking like an interesting pick, as it just reached a key level of support. CNM recently overtook the 200-day moving average, and this suggests a long-term bullish trend.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater and storm drainage products.

Core & Main (CNM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Core & Main (CNM) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

New York City-based Tribune Investment Group acquired 335,000 shares of Core & Main in the third quarter. The position was worth an estimated $18.03 million at quarter-end.

Technological progress, digitization and strategic acquisitions favor the Zacks Manufacturing-Tools & Related Products industry's near-term prospects. SWK, CNM, KMT and EPAC are some promising stocks in the industry.

Core & Main (CNM) is well positioned to outperform the market, as it exhibits above-average growth in financials.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Strong earnings, analyst upgrades, M&A activity and sector tailwinds powered last week's top large-cap gainers, led by EchoStar, Rocket Lab and Carvana.

Here is how Core & Main (CNM) and EnerSys (ENS) have performed compared to their sector so far this year.

California Public Employees Retirement System lifted its stake in shares of Core and Main, Inc. (NYSE: CNM) by 9.0% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 365,996 shares of the company's stock after acquiring an additional 30,179 shares

After reaching an important support level, Core & Main (CNM) could be a good stock pick from a technical perspective. CNM surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.

This is a new holding for NIA: 66,437 shares of Core & Main, with a net position change of approximately $3.58 million. The transaction represents a position that comprises 1.2% of reportable assets under management (AUM).

Core & Main delivered a solid Q3 FY25, with revenue and earnings both exceeding analyst expectations. CNM's valuation appears fair, trading at a discount to most peers, but not cheap enough to warrant a bullish upgrade. Management reaffirmed FY25 guidance, highlighted multi-year infrastructure tailwinds, and expanded the share buyback program to $1 billion.

Core and Main, Inc. (NYSE: CNM - Get Free Report)'s stock price gapped up prior to trading on Tuesday following a better than expected earnings announcement. The stock had previously closed at $50.52, but opened at $53.05. Core and Main shares last traded at $52.2350, with a volume of 1,049,704 shares traded. The company reported $0.89

Core & Main, Inc. (CNM) Q3 2026 Earnings Call Transcript

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2025 Third Quarter Results.