CBRE Group, Inc. $CBRE Stock: Cooke & Bieler LP Reduces Stake

Cooke & Bieler LP lowered its position in CBRE Group, Inc. (NYSE:CBRE) by 25.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 737,916 shares of the financial services provider’s stock after selling 255,840 shares during the period. CBRE Group comprises approximately 1.4% of Cooke & Bieler LP’s investment portfolio, making the stock its 28th largest position. Cooke & Bieler LP’s holdings in CBRE Group were worth $94,800,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ascentis Independent Advisors bought a new stake in shares of CBRE Group in the 1st quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of CBRE Group in the 1st quarter valued at $33,000. Brown Lisle Cummings Inc. boosted its stake in shares of CBRE Group by 511.9% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 257 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 215 shares in the last quarter. Sound Income Strategies LLC boosted its stake in shares of CBRE Group by 5,180.0% in the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 259 shares in the last quarter. Finally, Trust Co. of Vermont bought a new position in shares of CBRE Group during the 2nd quarter valued at $39,000. 98.41% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other CBRE Group news, insider Chad Doellinger sold 228 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $148.29, for a total value of $33,810.12. Following the sale, the insider owned 41,778 shares of the company’s stock, valued at $6,195,259.62. This trade represents a 0.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $148.29, for a total transaction of $333,652.50. Following the completion of the transaction, the chief financial officer owned 108,479 shares in the company, valued at $16,086,350.91. The trade was a 2.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,144 shares of company stock valued at $767,363 in the last quarter. Insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

CBRE has been the topic of a number of analyst reports. Evercore reiterated an “outperform” rating and issued a $175.00 target price on shares of CBRE Group in a research report on Thursday, July 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of CBRE Group in a research note on Friday, August 21st. UBS Group upped their price target on shares of CBRE Group from $185.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Keefe, Bruyette & Woods reduced their price objective on CBRE Group from $174.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, October 9th. Finally, Wall Street Zen cut CBRE Group from a “buy” rating to a “hold” rating in a research note on Sunday, August 2nd. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $178.40.

CBRE Group Stock Performance

NYSE:CBRE opened at $134.91 on Thursday. The firm has a market cap of $39.07 billion, a PE ratio of 30.94 and a beta of 1.23. CBRE Group, Inc. has a fifty-two week low of $121.69 and a fifty-two week high of $174.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.14 and a current ratio of 1.14. The business has a 50 day moving average price of $139.87 and a 200-day moving average price of $139.55.

CBRE Group (NYSE:CBRE) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.09. CBRE Group had a net margin of 2.98% and a return on equity of 25.12%. The firm had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $11.18 billion. During the same quarter last year, the business earned $1.19 earnings per share. The business’s revenue was up 15.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.800-7.900 EPS. Equities research analysts predict that CBRE Group, Inc. will post 7.78 earnings per share for the current year.

Key Stories Impacting CBRE Group

Here are the key news stories impacting CBRE Group this week:

• Positive Sentiment: CBRE agreed to acquire Onnec for an initial cash payment of approximately £460 million, or $610 million, with the total consideration potentially reaching £760 million—nearly $1 billion—based on additional payments. Onnec’s capabilities in data-center infrastructure across Europe and Asia-Pacific should expand CBRE’s services for major technology clients and deepen its presence in a high-growth segment. The acquisition announcement was the main bullish catalyst behind recent strength in CBRE shares. CBRE Expands Critical Infrastructure Capabilities in Europe and Asia Pacific with Onnec Acquisition
• Positive Sentiment: The transaction gives CBRE additional exposure to data-center construction, equipment and infrastructure spending, supported by demand from cloud computing and artificial intelligence. Investors may view the deal as a way for CBRE to diversify beyond traditional commercial real estate and create longer-term growth opportunities. CBRE to acquire Onnec in $1 billion data center infrastructure deal
• Neutral Sentiment: CBRE was expected to report third-quarter results shortly after the announcement. Earnings, management commentary on the Onnec transaction and updates to full-year guidance could become the next major catalysts for the stock. Why CBRE Stock Triumphed on Tuesday
• Negative Sentiment: Jefferies lowered its price target for CBRE, signaling more cautious expectations despite retaining potential upside versus the reference share price. The target reduction may temper enthusiasm around the acquisition and reflects concerns about valuation, market conditions or execution risk. Jefferies cuts target for CBRE Group stock to USD 164.00

CBRE Group Company Profile

CBRE Group, Inc (NYSE:CBRE) is a global commercial real estate services and investment firm. The company provides advisory, transaction, property management, facilities management, project management, valuation, and consulting services to corporate, institutional, and other real estate clients.

Its businesses support the acquisition, development, leasing, operation, and disposition of commercial properties across sectors such as office, industrial and logistics, retail, multifamily, hospitality, and data centers.