Norges Bank Takes Position in Amrize Ltd $AMRZ

Norges Bank acquired a new stake in Amrize Ltd (NYSE:AMRZFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,445,492 shares of the company’s stock, valued at approximately $670,915,000.

A number of other hedge funds also recently added to or reduced their stakes in AMRZ. Allianz SE bought a new position in Amrize during the 2nd quarter worth about $80,000. Credit Industriel ET Commercial bought a new stake in shares of Amrize in the 2nd quarter valued at about $109,000. Private Capital Advisors Inc. purchased a new stake in shares of Amrize in the 2nd quarter worth approximately $233,000. Cullen Frost Bankers Inc. bought a new position in shares of Amrize during the second quarter valued at approximately $244,000. Finally, Virtus Family Office LLC bought a new position in shares of Amrize during the second quarter valued at approximately $253,000.

Analysts Set New Price Targets

A number of equities analysts recently commented on AMRZ shares. Zacks Research raised shares of Amrize from a “strong sell” rating to a “hold” rating in a research note on Friday, October 10th. Kepler Capital Markets upgraded Amrize to a “strong-buy” rating in a report on Tuesday, October 21st. Citigroup upped their price objective on Amrize from $60.00 to $63.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. UBS Group raised their price objective on Amrize from $52.00 to $53.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Finally, Wells Fargo & Company lifted their target price on Amrize from $57.00 to $58.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $58.33.

Check Out Our Latest Analysis on AMRZ

Insiders Place Their Bets

In other Amrize news, insider Jaime Hill purchased 4,000 shares of the stock in a transaction on Tuesday, November 4th. The stock was acquired at an average price of $50.69 per share, with a total value of $202,760.00. Following the completion of the acquisition, the insider owned 18,101 shares in the company, valued at $917,539.69. The trade was a 28.37% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CTO Roald Brouwer acquired 4,000 shares of the business’s stock in a transaction dated Friday, October 31st. The shares were bought at an average price of $51.77 per share, for a total transaction of $207,080.00. Following the acquisition, the chief technology officer owned 9,000 shares of the company’s stock, valued at approximately $465,930. This represents a 80.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 65,000 shares of company stock worth $3,399,720 in the last three months.

Amrize Trading Up 2.6%

Shares of AMRZ stock opened at $51.51 on Friday. The business’s fifty day simple moving average is $49.16. The firm has a market capitalization of $28.49 billion and a P/E ratio of 27.99. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.85 and a current ratio of 1.38. Amrize Ltd has a 12-month low of $44.12 and a 12-month high of $56.29.

Amrize (NYSE:AMRZGet Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.98 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.03). The firm had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $3.49 billion. The firm’s revenue was up 6.6% on a year-over-year basis.

Amrize Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Amrize (NYSE:AMRZ)

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