Norges Bank Reduces $899M in Amrize Ltd ($AMRZ)
Key Points
- Norges Bank changed its Amrize Ltd ($AMRZ) stake by 100% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $AMRZ is Buy and an average price target of $56.48.
- $AMRZ last traded around $53.12.
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Norges Bank reduced its position in Amrize Ltd ($AMRZ), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Amrize Ltd after selling 16,926,762 shares during the quarter.
Amrize Ltd Stock Up 18.9%
Shares of Amrize Ltd ($AMRZ) traded around $53.12 on Saturday, up 18.9% for the day.
Amrize Ltd Earnings
Amrize Ltd Dividend
Analysts Set New Price Targets
About Amrize Ltd
Amrize AG engages in the provision of various building solutions for infrastructure, commercial, and residential construction markets in North America and Canada. It operates through two segments, Building Materials and Building Envelope. The Building Materials segment offers cement and aggregates, as well as ready-mix concrete, asphalt, and other construction materials. The Building Envelope segment provides advanced roofing and wall systems, including single-ply membranes, insulation, shingles, sheathing, waterproofing, and protective coatings; and adhesives, tapes, and sealants. The company was formerly known as Holcim North America Finance Ltd and changed its name to Amrize AG in December 2013. Amrize AG was incorporated in 2023 and is based in Zug, Switzerland.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.