Artemis Buys $104 Million of Commercial Metals Stock in Large New Stake

2 hours ago 1

Josh Kohn-Lindquist, The Motley Fool

Mon, February 2, 2026 astatine 11:18 AM CST 4 min read

According to an SEC filing dated Feb. 2, 2026, Artemis Investment Management LLP initiated a caller involvement successful Commercial Metals Company (NYSE:CMC) by acquiring 1,501,906 shares during the 4th quarter. The estimated transaction worth was $103.96 million, calculated utilizing the quarter’s mean stock price. The quarter-end worth of the presumption matched this figure, reflecting the combined interaction of the stock acquisition and immoderate terms question during the period.

Artemis’s caller Commercial Metals Company holding represents 1.26% of its 13F reportable assets nether absorption aft the trade.

Top holdings aft the filing:
- Nvidia: $297.68 cardinal (3.6% of AUM)
- Alphabet: $259.83 cardinal (3.1% of AUM)
- Microsoft: $204.42 cardinal (2.5% of AUM)
- Amazon: $170.79 cardinal (2.1% of AUM)
- Abbvie: $160.86 cardinal (1.9% of AUM)

As of Jan. 30, 2026, Commercial Metals Company shares were priced astatine $76.87, up 58.9% implicit the anterior year, outperforming the S&P 500 by 44 percent points.

Metric

Value

Revenue (TTM)	$8.01 billion
Net income (TTM)	$437.66 million
Dividend yield	0.94%
Price (as of marketplace adjacent Jan. 30, 2026)	$76.87

Commercial Metals Company:

Manufactures, recycles, and fabricates alloy and metallic products, including rebar, merchant bar, structural steel, billets, ligament rods, and fabricated alloy for operation and concern applications.
Operates an integrated concern exemplary by sourcing scrap metal, producing finished and semi-finished alloy products, and supplying fabricated alloy and construction-related services to extremity markets.
Serves alloy mills, foundries, manufacturers, distributors, operation companies, and infrastructure projects crossed the United States, Poland, China, and different planetary markets.

Commercial Metals Company is simply a starring shaper and recycler of alloy and metallic products, with a diversified beingness successful some home and planetary markets. The institution leverages an integrated proviso concatenation to present value-added products and services to construction, manufacturing, and infrastructure sectors. Its scale, vertical integration, and wide lawsuit basal supply resilience and competitory vantage successful the cyclical alloy industry.

Artemis Investment Management’s opening acquisition of Commercial Metals Company (CMC) is an intriguing move. First, the bargain took place after CMC had already risen by much than 50% since April 2025. Despite the stock’s EV/EBITDA ratio spiking from 6 to today’s people of 9, Artemis inactive sees upside successful the stock.