Amrize stock draws focus after Allspring cuts stake by 53.2%

Published on 11/12/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amrize stock draws attention after Allspring sharply reduced its position in the third quarter. Insider purchases and new institutional buying provide a counterpoint.

Institutional ownership shifts

Allspring reduced its Amrize position during the third quarter, while several other investors increased their holdings.
Company insiders bought shares in recent months, including Chief Executive Jan Jenisch and Director Jacques Sanche.
Amrize has scheduled a quarterly dividend payment for November 18.

Amrize, CH1430134226, Illustration mit AI erstellt.

Allspring Global Investments Holdings cut its Amrize position by 53.2% in the third quarter, selling 1.63 million shares, according to a MarketBeat report published on Wednesday, November 11. The investment manager ended the period with 1.4332 million shares, worth 53.387 million US dollars and equal to about 0.26% of Amrize.

The filing-based update adds a new ownership signal for investors following the North American building-materials group. Allspring's reduction contrasts with buying by Pictet Asset Management, CenterBook Partners, Kestra Advisory Services, Rakuten Investment Management and Bank Julius Baer during the same quarter.

Mixed signals from investors

CenterBook increased its position by 1,123.6% to 101,408 shares, while Rakuten opened a new position worth 1.22 million US dollars. Pictet raised its holdings by 4.3% to 6.12615 million shares, and Bank Julius Baer increased its stake by 8.8% to 2.102975 million shares. The different moves point to a divided institutional view rather than a uniform shift in positioning.

Insider activity supplied a more constructive counterpoint. Director Jacques Sanche bought 4,150 shares on August 26 at an average price of 45.02 US dollars, while Chief Executive Jan Jenisch acquired 26,000 shares on September 2 at an average price of 42.47 US dollars. MarketBeat said insiders acquired 34,155 shares worth 1.461276 million US dollars over the three months covered by its report.

Earnings and dividend remain in focus

Amrize reported third-quarter earnings of 1.05 US dollars per share, matching the analyst consensus cited by MarketBeat. Revenue rose 2.6% year over year to 3.77 billion US dollars. The company also declared a quarterly dividend of 0.11 US dollars per share, with payment scheduled for Wednesday, November 18, to shareholders of record on Tuesday, November 10.

MarketBeat cited a consensus Hold rating from 19 analysts, with eight Buy, seven Hold and four Sell recommendations and an average price target of 47.65 US dollars. Those estimates reflect a market still weighing resilient construction-materials demand against pressure in roofing and building-envelope operations.

Amrize stock traded at 37.71 euros on Lang & Schwarz at 10:30 CET on Thursday, November 12.