Kestra Advisory Services LLC grew its holdings in shares of Amrize Ltd (NYSE:AMRZ – Free Report) by 12.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 165,401 shares of the company’s stock after purchasing an additional 18,637 shares during the period. Kestra Advisory Services LLC’s holdings in Amrize were worth $6,184,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in AMRZ. Rakuten Investment Management Inc. bought a new stake in Amrize in the third quarter worth $1,220,000. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of Amrize by 8.8% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,102,975 shares of the company’s stock worth $78,985,000 after acquiring an additional 170,551 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Amrize in the third quarter worth $49,000. MGO One Seven LLC increased its holdings in shares of Amrize by 21.3% during the third quarter. MGO One Seven LLC now owns 24,104 shares of the company’s stock valued at $901,000 after acquiring an additional 4,228 shares in the last quarter. Finally, CHICAGO TRUST Co NA increased its holdings in shares of Amrize by 90.8% during the third quarter. CHICAGO TRUST Co NA now owns 25,638 shares of the company’s stock valued at $959,000 after acquiring an additional 12,202 shares in the last quarter.
Insider Buying and Selling at Amrize
In other Amrize news, CEO Jan Jenisch bought 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was bought at an average cost of $42.50 per share, for a total transaction of $170,000.00. Following the completion of the transaction, the chief executive officer owned 519,000 shares of the company’s stock, valued at $22,057,500. This represents a 0.78% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jacques Sanche bought 4,150 shares of Amrize stock in a transaction on Wednesday, August 26th. The shares were acquired at an average cost of $45.02 per share, with a total value of $186,833.00. Following the completion of the acquisition, the director owned 9,766 shares of the company’s stock, valued at $439,665.32. The trade was a 73.90% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 34,155 shares of company stock valued at $1,461,276 in the last ninety days. 0.54% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several brokerages recently commented on AMRZ. Citigroup cut their price objective on shares of Amrize from $58.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Berenberg Bank cut shares of Amrize from a “buy” rating to a “hold” rating and decreased their target price for the stock from $48.00 to $46.00 in a report on Monday. Weiss Ratings downgraded shares of Amrize from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, October 8th. Zacks Research downgraded shares of Amrize from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 19th. Finally, Wells Fargo & Company cut their price target on shares of Amrize from $40.00 to $39.00 and set an “equal weight” rating on the stock in a report on Friday, October 30th. Eight equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $47.65.
Check Out Our Latest Stock Analysis on Amrize
Amrize Price Performance
Shares of NYSE:AMRZ opened at $41.58 on Thursday. Amrize Ltd has a fifty-two week low of $35.78 and a fifty-two week high of $65.94. The business has a 50-day simple moving average of $39.43 and a two-hundred day simple moving average of $50.12. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.67 and a current ratio of 1.07. The firm has a market cap of $22.99 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 1.64 and a beta of 0.04.
Amrize (NYSE:AMRZ – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $1.05 EPS for the quarter, hitting analysts’ consensus estimates of $1.05. Amrize had a net margin of 9.93% and a return on equity of 10.02%. The firm had revenue of $3.77 billion during the quarter. During the same quarter in the prior year, the firm earned $0.98 earnings per share. The business’s revenue was up 2.6% compared to the same quarter last year. On average, analysts expect that Amrize Ltd will post 2.30 earnings per share for the current year.
Amrize Dividend Announcement
The company also recently disclosed a dividend, which will be paid on Wednesday, November 18th. Investors of record on Tuesday, November 10th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. Amrize’s payout ratio is presently 4.98%.
Amrize Company Profile
Amrize is a North American building materials and construction solutions company serving customers across the United States and Canada. Its operations span the construction materials and building envelope markets. The company supplies cement, aggregates, ready-mix concrete and asphalt, as well as roofing and other building-envelope products and services. These materials and solutions support residential, commercial and infrastructure projects. Amrize became an independent publicly traded company in 2025 through the spin-off of Holcim’s North American business.
Featured Articles
- Five stocks we like better than Amrize
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Want to see what other hedge funds are holding AMRZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amrize Ltd (NYSE:AMRZ – Free Report).
Receive News & Ratings for Amrize Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amrize and related companies with MarketBeat.com's FREE daily email newsletter.
