Artemis Investment Management LLP acquired 1,501,906 shares of Commercial Metals Company (NYSE:CMC) in Q4 2026, valued at $103.96 million. CMC shares were priced at $76.87 on Jan. 30, 2026, up 58.9% YoY. CMC manufactures steel products and operates in domestic and international markets, providing value-added services to various industries.

Artemis’s new stake in CMC represents 1.26% of its 13F reportable assets. Despite CMC’s previous 50% rise, Artemis sees potential in the stock. CMC’s recent acquisitions could enhance its Construction Solutions Group and benefit from industry tailwinds like AI infrastructure buildout and energy upgrades.

Commercial Metals Company boasts industry-leading sustainability metrics and has potential growth opportunities from U.S. infrastructure investments and reshoring of manufacturing. Artemis Investment Management’s interest in CMC showcases the company’s resilience and competitive advantage in the steel industry. Joining Stock Advisor can provide insights on potential “Double Down” stock recommendations for lucrative investments.

Read more at Yahoo Finance: Artemis Buys $104 Million of Commercial Metals Stock in Large New Stake