Citigroup Cuts Amrize (NYSE:AMRZ) Price Target to $50.00

Amrize (NYSE:AMRZ) had its price target decreased by Citigroup from $58.00 to $50.00 in a research report released on Friday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

AMRZ has been the subject of a number of other research reports. UBS Group dropped their price objective on shares of Amrize from $57.00 to $42.00 and set a “neutral” rating for the company in a research note on Tuesday, September 22nd. Stephens decreased their target price on shares of Amrize from $65.00 to $54.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 12th. Weiss Ratings cut shares of Amrize from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 31st. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Amrize from $64.00 to $56.00 and set a “buy” rating for the company in a research report on Wednesday, September 23rd. Finally, Truist Financial reaffirmed a “hold” rating and set a $48.00 price objective (down from $65.00) on shares of Amrize in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Amrize presently has a consensus rating of “Hold” and an average target price of $52.76.

Amrize Price Performance

Shares of NYSE:AMRZ opened at $37.23 on Friday. Amrize has a 1-year low of $36.55 and a 1-year high of $65.94. The firm has a market capitalization of $20.59 billion, a PE ratio of 17.16, a PEG ratio of 1.31 and a beta of 0.20. The business’s 50 day moving average is $43.64 and its 200-day moving average is $50.07. The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 0.33.

Amrize (NYSE:AMRZ) last issued its earnings results on Thursday, August 6th. The company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.04). The firm had revenue of $3.49 billion during the quarter. Amrize had a net margin of 9.89% and a return on equity of 10.22%. Sell-side analysts predict that Amrize will post 2.46 earnings per share for the current year.

Amrize Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 18th were given a $0.11 dividend. The ex-dividend date was Tuesday, August 18th. Amrize’s dividend payout ratio (DPR) is presently 20.28%.

Insider Buying and Selling at Amrize

In related news, CEO Jan Jenisch acquired 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was purchased at an average price of $42.50 per share, for a total transaction of $170,000.00. Following the transaction, the chief executive officer directly owned 519,000 shares of the company’s stock, valued at approximately $22,057,500. This trade represents a 0.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mario Gross acquired 3,568 shares of Amrize stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $46.60 per share, for a total transaction of $166,268.80. Following the acquisition, the insider owned 38,485 shares in the company, valued at approximately $1,793,401. This represents a 10.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 48,983 shares of company stock valued at $2,158,755 over the last three months. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On Amrize

Several hedge funds and other institutional investors have recently made changes to their positions in AMRZ. Versant Capital Management Inc raised its position in shares of Amrize by 58.9% during the third quarter. Versant Capital Management Inc now owns 5,991 shares of the company’s stock worth $224,000 after acquiring an additional 2,221 shares during the last quarter. Andra AP fonden bought a new position in Amrize in the second quarter valued at about $1,098,000. National Pension Service increased its position in Amrize by 7.5% in the second quarter. National Pension Service now owns 1,493,022 shares of the company’s stock worth $79,578,000 after purchasing an additional 103,962 shares during the period. NewEdge Advisors LLC increased its position in Amrize by 1,419.7% in the second quarter. NewEdge Advisors LLC now owns 2,082 shares of the company’s stock worth $111,000 after purchasing an additional 1,945 shares during the period. Finally, Arizona State Retirement System raised its holdings in Amrize by 5.5% during the 2nd quarter. Arizona State Retirement System now owns 142,718 shares of the company’s stock worth $7,607,000 after purchasing an additional 7,440 shares during the last quarter.

Amrize Company Profile

Amrize Ltd. is a North American building solutions company that produces and supplies essential construction materials and related products. Its portfolio includes cement, aggregates, ready-mix concrete, asphalt, concrete products and roofing systems used in residential, commercial and infrastructure projects.

The company serves customers across the United States and Canada through a network of production facilities, distribution locations and other operating sites. Its products support a range of construction applications, including roads, bridges, buildings, homes and other major infrastructure.

Amrize was established as the result of the separation of Holcim’s North American business and began operating as an independent, publicly traded company in 2025.