Did Core & Main’s Nearly 30% Post-Earnings Stock Drop Set Up an $18 Million Entry?

3 weeks ago 20

Jonathan Ponciano, The Motley Fool

Sun, December 28, 2025 astatine 2:20 PM CST 5 min read

New York City-based Tribune Investment Group acquired 335,000 shares of Core & Main successful the 3rd quarter.
The presumption was worthy an estimated $18.03 cardinal astatine quarter-end.
It represents 8.74% of 13F reportable assets nether management, making it Tribune's largest holding by marketplace value.
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New York City-based Tribune Investment Group established a caller presumption successful Core & Main (NYSE:CNM), adding 335,000 shares valued astatine astir $18.03 cardinal during the 3rd quarter, according to a November 13 SEC filing.

According to a filing with the Securities and Exchange Commission dated November 13, Tribune Investment Group LP initiated a caller holding successful Core & Main (NYSE:CNM) during the 3rd quarter. The money reported ownership of 335,000 shares with a marketplace worth of $18.03 cardinal arsenic of September 30. This determination brought the full fig of Tribune's disclosed positions to 21 for the period.

The caller Core & Main presumption accounts for 8.74% of Tribune’s 13F reportable assets nether absorption arsenic of September 30.

Top holdings aft the filing:

NYSE:CNM: $18.03 cardinal (8.74% of AUM)
NASDAQ:CSX: $17.76 cardinal (8.60% of AUM)
NYSE:GPC: $17.33 cardinal (8.39% of AUM)
NYSE:CMI: $13.52 cardinal (6.55% of AUM)
NYSE:PNR: $13.29 million(6.44% of AUM)

As of Friday, shares of Core & Main were priced astatine $54.00, up astir 5% implicit the past twelvemonth and good underperforming the S&P 500, which is up astir 15% successful the aforesaid period.

Metric

Value

Revenue (TTM)	$7.76 billion
Net Income (TTM)	$435.00 million
Price (as of Friday)	$54.00
One-Year Price Change	5%

Core & Main distributes water, wastewater, tempest drainage, and occurrence extortion products, including pipes, valves, hydrants, fittings, tempest drainage systems, occurrence suppression systems, astute meters, and related services.
The institution operates a distribution-focused concern model, generating gross chiefly done the merchantability of infrastructure products and value-added services to the operation and attraction sectors.
It serves municipalities, backstage h2o companies, and nonrecreational contractors successful the municipal, non-residential, and residential extremity markets crossed the United States.

Core & Main is simply a starring distributor successful the U.S. h2o and occurrence extortion infrastructure market, leveraging a wide merchandise portfolio and heavy manufacture relationships. The company’s standard and specialized expertise enactment captious infrastructure projects and ongoing attraction needs for divers extremity markets. Its strategical absorption connected indispensable inferior and operation sectors provides resilience and accordant request successful varying economical cycles.