Rep. April McClain Delaney Sells Core & Main, Inc. (NYSE:CNM) Shares

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Core & Main, Inc. (NYSE:CNM). In a filing disclosed on July 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Core & Main stock on June 12th.

Representative April McClain Delaney also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/17/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of Middleby (NASDAQ:MIDD) on 6/15/2026.
• Sold $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Live Nation Entertainment (NYSE:LYV) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Middleby (NASDAQ:MIDD) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/12/2026.
• Sold $1,001 – $15,000 in shares of Wabtec (NYSE:WAB) on 6/10/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/9/2026.
• Purchased $1,001 – $15,000 in shares of Hubbell (NYSE:HUBB) on 6/8/2026.

Core & Main Trading Up 0.1%

Shares of NYSE CNM opened at $45.78 on Thursday. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 19.40, a price-to-earnings-growth ratio of 1.59 and a beta of 0.91. Core & Main, Inc. has a 12-month low of $43.96 and a 12-month high of $67.18. The company has a current ratio of 2.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.00. The stock’s 50 day simple moving average is $48.34 and its 200 day simple moving average is $51.56.

Insider Transactions at Core & Main

In related news, CFO Robyn L. Bradbury sold 5,000 shares of the stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $52.54, for a total transaction of $262,700.00. Following the completion of the sale, the chief financial officer directly owned 12,500 shares of the company’s stock, valued at $656,750. This represents a 28.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Hope bought 2,067 shares of Core & Main stock in a transaction that occurred on Monday, July 6th. The shares were acquired at an average price of $46.01 per share, with a total value of $95,102.67. Following the completion of the acquisition, the director directly owned 11,805 shares of the company’s stock, valued at $543,148.05. This represents a 21.23% increase in their position. The SEC filing for this purchase provides additional information. 1.51% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut their price target on Core & Main from $65.00 to $62.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. The Goldman Sachs Group reissued a “neutral” rating and issued a $24.00 price objective on shares of Core & Main in a report on Thursday, June 11th. Barclays cut their target price on Core & Main from $63.00 to $62.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 25th. Finally, Citigroup reduced their price target on Core & Main from $54.00 to $53.00 and set a “neutral” rating for the company in a research report on Thursday, June 11th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Core & Main presently has an average rating of “Moderate Buy” and a consensus price target of $57.73.

Hedge Funds Weigh In On Core & Main

Several hedge funds have recently modified their holdings of CNM. TD Waterhouse Canada Inc. acquired a new stake in shares of Core & Main in the fourth quarter valued at $26,000. EverSource Wealth Advisors LLC boosted its stake in Core & Main by 145.4% during the second quarter. EverSource Wealth Advisors LLC now owns 454 shares of the company’s stock valued at $27,000 after buying an additional 269 shares in the last quarter. Whittier Trust Co. acquired a new position in Core & Main during the fourth quarter worth about $28,000. Cubist Systematic Strategies LLC grew its holdings in Core & Main by 262.0% during the first quarter. Cubist Systematic Strategies LLC now owns 724 shares of the company’s stock worth $35,000 after acquiring an additional 524 shares during the period. Finally, Quarry LP bought a new stake in Core & Main in the fourth quarter worth about $38,000. 94.19% of the stock is currently owned by institutional investors and hedge funds.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Core & Main

Core & Main, Inc (NYSE:CNM) is a leading distributor of water, sewer, storm drainage and fire protection products across North America. The company’s product portfolio includes valves, hydrants, pipe and fittings, meters, couplings and other essential components that support municipal, industrial and environmental infrastructure projects. By combining a comprehensive inventory with logistics and technical support, Core & Main helps customers address complex water system and distribution challenges.

With more than 300 branch locations and over 3,500 employees, Core & Main serves a diverse customer base that includes municipalities, contractors, engineers and utility providers.