CBRE Group, Inc. $CBRE Stake Decreased by Cooke & Bieler LP

Cooke & Bieler LP trimmed its position in CBRE Group, Inc. (NYSE:CBRE) by 25.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 737,916 shares of the financial services provider’s stock after selling 255,840 shares during the quarter. CBRE Group makes up approximately 1.4% of Cooke & Bieler LP’s portfolio, making the stock its 28th biggest holding. Cooke & Bieler LP owned approximately 0.25% of CBRE Group worth $94,800,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CBRE. Axxcess Wealth Management LLC purchased a new stake in CBRE Group in the 3rd quarter worth approximately $228,000. Quadrant Capital Group LLC boosted its holdings in CBRE Group by 5.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 10,188 shares of the financial services provider’s stock valued at $1,321,000 after purchasing an additional 543 shares during the period. Nisa Investment Advisors LLC boosted its holdings in CBRE Group by 2.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 75,176 shares of the financial services provider’s stock valued at $9,658,000 after purchasing an additional 1,528 shares during the period. Diversify Advisory Services LLC grew its position in shares of CBRE Group by 3.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 4,066 shares of the financial services provider’s stock valued at $551,000 after purchasing an additional 133 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of CBRE Group by 1.3% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 40,594 shares of the financial services provider’s stock valued at $5,215,000 after purchasing an additional 527 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Trading Up 0.5%

Shares of CBRE opened at $134.91 on Thursday. The firm’s 50 day simple moving average is $139.87 and its 200 day simple moving average is $139.55. The company has a market capitalization of $39.07 billion, a P/E ratio of 30.94 and a beta of 1.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.14 and a quick ratio of 1.14. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27.

CBRE Group (NYSE:CBRE) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The business had revenue of $11.23 billion during the quarter, compared to analyst estimates of $11.18 billion. During the same period in the previous year, the business posted $1.19 earnings per share. CBRE Group’s revenue for the quarter was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Sell-side analysts forecast that CBRE Group, Inc. will post 7.78 earnings per share for the current fiscal year.

More CBRE Group News

Here are the key news stories impacting CBRE Group this week:

• Positive Sentiment: CBRE agreed to acquire Onnec for an initial cash payment of approximately £460 million, or $610 million, with the total consideration potentially reaching £760 million—nearly $1 billion—based on additional payments. Onnec’s capabilities in data-center infrastructure across Europe and Asia-Pacific should expand CBRE’s services for major technology clients and deepen its presence in a high-growth segment. The acquisition announcement was the main bullish catalyst behind recent strength in CBRE shares. CBRE Expands Critical Infrastructure Capabilities in Europe and Asia Pacific with Onnec Acquisition
• Positive Sentiment: The transaction gives CBRE additional exposure to data-center construction, equipment and infrastructure spending, supported by demand from cloud computing and artificial intelligence. Investors may view the deal as a way for CBRE to diversify beyond traditional commercial real estate and create longer-term growth opportunities. CBRE to acquire Onnec in $1 billion data center infrastructure deal
• Neutral Sentiment: CBRE was expected to report third-quarter results shortly after the announcement. Earnings, management commentary on the Onnec transaction and updates to full-year guidance could become the next major catalysts for the stock. Why CBRE Stock Triumphed on Tuesday
• Negative Sentiment: Jefferies lowered its price target for CBRE, signaling more cautious expectations despite retaining potential upside versus the reference share price. The target reduction may temper enthusiasm around the acquisition and reflects concerns about valuation, market conditions or execution risk. Jefferies cuts target for CBRE Group stock to USD 164.00

Insider Activity

In other news, CEO Vikramaditya Kohli sold 2,666 shares of CBRE Group stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $150.00, for a total transaction of $399,900.00. Following the completion of the sale, the chief executive officer directly owned 134,869 shares of the company’s stock, valued at approximately $20,230,350. The trade was a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $148.29, for a total transaction of $333,652.50. Following the completion of the transaction, the chief financial officer owned 108,479 shares of the company’s stock, valued at $16,086,350.91. This trade represents a 2.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 5,144 shares of company stock worth $767,363. 0.46% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on CBRE shares. Barclays upped their price target on shares of CBRE Group from $180.00 to $183.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of CBRE Group in a research note on Friday, August 21st. Evercore reissued an “outperform” rating and set a $175.00 price objective on shares of CBRE Group in a research note on Thursday, July 30th. Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Finally, Keefe, Bruyette & Woods reduced their target price on CBRE Group from $174.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, October 9th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $178.40.

CBRE Group Company Profile

CBRE Group, Inc (NYSE:CBRE) is a global commercial real estate services and investment firm. The company provides advisory, transaction, property management, facilities management, project management, valuation, and consulting services to corporate, institutional, and other real estate clients.

Its businesses support the acquisition, development, leasing, operation, and disposition of commercial properties across sectors such as office, industrial and logistics, retail, multifamily, hospitality, and data centers.