Constellium (NYSE:CSTM – Free Report) had its price objective cut by Wells Fargo & Company from $38.00 to $33.00 in a report released on Thursday morning,Benzinga reports. They currently have an overweight rating on the industrial products company’s stock.
A number of other research analysts have also commented on CSTM. Deutsche Bank Aktiengesellschaft lowered their price target on Constellium from $39.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, October 8th. UBS Group reduced their price objective on shares of Constellium from $34.00 to $32.00 and set a “buy” rating for the company in a report on Thursday, October 8th. Zacks Research downgraded shares of Constellium from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. HSBC set a $35.00 target price on shares of Constellium in a research report on Thursday. Finally, Barclays began coverage on shares of Constellium in a research note on Wednesday, October 14th. They set an “equal weight” rating and a $28.00 target price on the stock. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $33.29.
Check Out Our Latest Report on Constellium
Constellium Stock Performance
Constellium (NYSE:CSTM – Get Free Report) last posted its earnings results on Wednesday, October 28th. The industrial products company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.73 by $0.11. Constellium had a return on equity of 49.04% and a net margin of 5.73%. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the firm earned $0.62 EPS. The firm’s revenue was up 21.8% compared to the same quarter last year. On average, equities research analysts forecast that Constellium will post 3.78 EPS for the current year.
Insider Activity
In other news, Director Jean-Christophe Deslarzes purchased 1,490 shares of the stock in a transaction dated Monday, August 3rd. The shares were bought at an average cost of $27.24 per share, for a total transaction of $40,587.60. Following the transaction, the director owned 43,515 shares in the company, valued at $1,185,348.60. This trade represents a 3.55% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.20% of the company’s stock.
Institutional Trading of Constellium
Several institutional investors have recently modified their holdings of CSTM. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Constellium by 27.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,900 shares of the industrial products company’s stock valued at $385,000 after acquiring an additional 3,400 shares during the last quarter. Vise Technologies Inc. boosted its stake in shares of Constellium by 55.1% during the 3rd quarter. Vise Technologies Inc. now owns 23,387 shares of the industrial products company’s stock worth $566,000 after acquiring an additional 8,306 shares in the last quarter. Summit Global Investments boosted its stake in shares of Constellium by 2.9% during the 3rd quarter. Summit Global Investments now owns 35,301 shares of the industrial products company’s stock worth $854,000 after acquiring an additional 986 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Constellium by 51.6% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 71,700 shares of the industrial products company’s stock worth $1,734,000 after acquiring an additional 24,400 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Constellium by 48.0% in the 3rd quarter. Signaturefd LLC now owns 5,881 shares of the industrial products company’s stock worth $142,000 after acquiring an additional 1,908 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.
Key Stories Impacting Constellium
Here are the key news stories impacting Constellium this week:
- Positive Sentiment: Record earnings and higher outlook: Constellium reported record third-quarter results, with EPS of $0.84 beating the $0.73 consensus and revenue of $2.64 billion exceeding estimates of $2.50 billion. Revenue rose 21.8% year over year, and management increased its 2026 outlook, supporting the company’s growth narrative. Constellium NV Delivers Record Earnings, Ups 2026 Outlook
- Positive Sentiment: JPMorgan upgraded the stock: JPMorgan moved Constellium from “neutral” to “overweight” and raised its price target from $34 to $35, citing solid growth opportunities following the earnings beat. Constellium raised at JP Morgan as earnings beat shows solid growth opportunities
- Positive Sentiment: Analysts see upside: Barclays raised its price target from $28 to $30 while maintaining an “equal weight” rating. Wells Fargo also kept an “overweight” rating, although it reduced its target from $38 to $33. Consensus estimates cited by Zacks imply meaningful potential upside, while upward earnings-estimate revisions provide an additional positive signal. Barclays raises Constellium price target
- Neutral Sentiment: Mixed analyst signals may be limiting the reaction: Although target prices remain well above the recent trading level, Barclays’ “equal weight” stance and Wells Fargo’s target reduction suggest analysts remain cautious about execution, industry conditions, or valuation.
- Negative Sentiment: Target cut from Wells Fargo: Wells Fargo’s reduction of its price target from $38 to $33 creates a countervailing signal after the earnings release and may be contributing to selling pressure, even though the firm continues to rate CSTM “overweight.” Wall Street Analysts Think Constellium Could Surge
About Constellium
Constellium SE (NYSE: CSTM) is a global manufacturer of aluminum products and components. The company develops and produces rolled, extruded and formed aluminum solutions for customers in the aerospace, automotive, packaging, transportation and industrial sectors.
Its products include aerospace plates and sheets, automotive body and structural components, aluminum beverage-can sheet, foil stock, extrusions and other engineered components. Constellium’s offerings are used in aircraft structures, vehicles, beverage and food packaging, rail transportation and various industrial applications.
Constellium was established in 2011 following the acquisition and combination of aluminum products businesses formerly associated with Alcan.
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