Rep. Lisa C. McClain Buys Core & Main, Inc. (NYSE:CNM) Stock

Representative Lisa C. McClain (R-Michigan) recently bought shares of Core & Main, Inc. (NYSE:CNM). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Core & Main stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

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

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Core & Main Stock Up 2.1%

CNM traded up $1.00 during mid-day trading on Thursday, reaching $48.04. 2,323,395 shares of the stock were exchanged, compared to its average volume of 2,348,132. Core & Main, Inc. has a 1 year low of $43.17 and a 1 year high of $67.18. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.30 and a current ratio of 2.25. The stock has a market capitalization of $9.48 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 1.84 and a beta of 0.98. The company has a 50 day moving average price of $50.69 and a two-hundred day moving average price of $56.60.

Core & Main (NYSE:CNM) last released its quarterly earnings results on Tuesday, September 9th. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.08. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.12 billion. Core & Main had a net margin of 5.57% and a return on equity of 25.44%. The firm’s revenue was up 6.6% on a year-over-year basis. During the same period last year, the firm earned $0.61 earnings per share. Core & Main has set its FY 2025 guidance at EPS. As a group, research analysts anticipate that Core & Main, Inc. will post 2.16 EPS for the current year.

Institutional Investors Weigh In On Core & Main

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Enhancing Capital LLC increased its stake in Core & Main by 0.6% in the 1st quarter. Enhancing Capital LLC now owns 31,846 shares of the company’s stock worth $1,538,000 after acquiring an additional 196 shares during the last quarter. Bfsg LLC grew its holdings in shares of Core & Main by 56.4% during the second quarter. Bfsg LLC now owns 560 shares of the company’s stock worth $34,000 after purchasing an additional 202 shares in the last quarter. CWM LLC increased its position in shares of Core & Main by 34.0% in the first quarter. CWM LLC now owns 839 shares of the company’s stock worth $41,000 after purchasing an additional 213 shares during the last quarter. Modern Wealth Management LLC lifted its position in Core & Main by 5.8% during the third quarter. Modern Wealth Management LLC now owns 3,970 shares of the company’s stock valued at $214,000 after purchasing an additional 218 shares during the last quarter. Finally, Johnson Investment Counsel Inc. grew its stake in Core & Main by 0.6% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 43,070 shares of the company’s stock worth $2,318,000 after buying an additional 244 shares in the last quarter. Hedge funds and other institutional investors own 94.19% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CNM. Zacks Research upgraded shares of Core & Main from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. Royal Bank Of Canada cut their price target on Core & Main from $67.00 to $62.00 and set an “outperform” rating for the company in a research note on Wednesday, September 10th. Citigroup lowered their price objective on Core & Main from $62.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 10th. UBS Group assumed coverage on shares of Core & Main in a research report on Monday, September 29th. They set a “buy” rating and a $65.00 target price for the company. Finally, Wells Fargo & Company lifted their target price on shares of Core & Main from $58.00 to $60.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 1st. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $60.64.

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.