Susan Hardwick Acquires Shares in Core & Main, Inc.

Susan Hardwick recently bought 2,799 shares of Core & Main, Inc. (NYSE:CNM) on June 23, 2026. This transaction was not part of a pre-arranged trading plan, and the shares were acquired at no cost.

Insider Buying and Selling at Core & Main, Inc.

Several insiders, including Susan Hardwick, purchased 2,799 shares each of Core & Main, Inc. on June 23, 2026. These transactions were not part of any pre-planned trading arrangement.

Other Institutional Activity in Core & Main

BlackRock, Inc. increased its holdings in Core & Main by 277,506 shares, bringing its total to about 19.2 million shares valued at approximately $948.8 million. Capital World Investors significantly boosted its position by 5,278,652 shares, now holding about 11.6 million shares worth $571.6 million, marking an 83.9% increase. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions with 8.5 million and 7.8 million shares, respectively. Meanwhile, Select Equity Group, L.P. and Pictet Asset Management Holding SA trimmed their stakes by 524,169 and 926,760 shares, respectively, with Select Equity Group reducing its position by 6.7%.

Core & Main, Inc. Stock Up 9.6%

Shares of Core & Main, Inc. traded near $46.45 on Thursday. The company, which operates in the industrial distribution sector, has a market capitalization of $8.84 billion. Core & Main's P/E ratio is 20.0, with a forward P/E of 15.3. The stock's beta is 0.906, indicating lower volatility compared to the market. It has a 52-week low of $43.96 and a high of $67.18, with a 50-day moving average of $49.50 and a 200-day moving average of $51.85.

Recent Earnings

Core & Main reported revenue of $7.65 billion with a slight decrease of 0.1% in growth. The company's net margin stands at 5.9%, and its return on equity (ROE) is 23.9%. The next earnings announcement is expected on September 8, 2026.

Analysts Set New Price Targets

On June 11, 2026, Citigroup maintained its 'hold' rating on Core & Main with a price target of $53. Deutsche Bank and Barclays both maintained their 'buy' ratings with price targets of $62, reflecting continued confidence in the company's performance. The consensus among 15 analysts is a 'buy' recommendation, with an average target price of $60.60.

About Core & Main

Core & Main, Inc., headquartered in Saint Louis, Missouri, is a leading distributor of water, wastewater, storm drainage, and fire protection products in the United States. The company provides a wide range of products and services, including pipes, valves, hydrants, and smart metering solutions. Core & Main serves municipalities, private water companies, and contractors in various markets, including municipal, non-residential, and residential sectors. Led by CEO Mark R. Witkowski, the company employs approximately 5,600 people.

Bottom Line

Susan Hardwick's recent share purchase in Core & Main highlights insider interest in the company. As a key player in industrial distribution, Core & Main is closely watched by investors for its market performance. The stock's recent trading activity and analyst ratings suggest continued attention from institutional investors and analysts alike.