Lazard Asset Management LLC Raises Position in Amrize Ltd $AMRZ

Lazard Asset Management LLC lifted its holdings in Amrize Ltd (NYSE:AMRZ) by 292.3% in the first quarter, Holdings Channel reports. The firm owned 16,231 shares of the company’s stock after buying an additional 12,094 shares during the period. Lazard Asset Management LLC’s holdings in Amrize were worth $884,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AMRZ. Norges Bank purchased a new stake in Amrize in the fourth quarter valued at about $929,333,000. Harris Associates L P purchased a new stake in shares of Amrize during the fourth quarter worth about $615,406,000. Wellington Management Group LLP increased its holdings in shares of Amrize by 48.8% during the third quarter. Wellington Management Group LLP now owns 11,622,024 shares of the company’s stock valued at $561,018,000 after acquiring an additional 3,809,133 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Amrize by 865.4% during the third quarter. Marshall Wace LLP now owns 2,889,660 shares of the company’s stock valued at $139,436,000 after acquiring an additional 2,590,336 shares in the last quarter. Finally, Barclays PLC raised its position in shares of Amrize by 95.4% in the 4th quarter. Barclays PLC now owns 4,614,593 shares of the company’s stock valued at $249,557,000 after purchasing an additional 2,253,431 shares during the last quarter.

Amrize Stock Performance

Shares of NYSE AMRZ opened at $52.80 on Thursday. The company has a 50 day simple moving average of $52.13 and a two-hundred day simple moving average of $54.80. The stock has a market cap of $29.20 billion, a price-to-earnings ratio of 25.26, a PEG ratio of 1.09 and a beta of 0.11. The company has a current ratio of 1.40, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38. Amrize Ltd has a 12 month low of $44.12 and a 12 month high of $65.94.

Amrize Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 20th. Investors of record on Tuesday, May 12th were given a dividend of $0.11 per share. The ex-dividend date was Tuesday, May 12th. Amrize’s payout ratio is currently 21.05%.

Insider Buying and Selling at Amrize

In other Amrize news, CTO Roald Brouwer purchased 1,500 shares of the stock in a transaction on Thursday, May 21st. The shares were bought at an average cost of $49.84 per share, with a total value of $74,760.00. Following the completion of the acquisition, the chief technology officer owned 19,757 shares in the company, valued at $984,688.88. This trade represents a 8.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Nollaig Forrest purchased 2,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $50.25 per share, for a total transaction of $100,500.00. Following the completion of the transaction, the insider directly owned 20,139 shares in the company, valued at $1,011,984.75. This trade represents a 11.03% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have purchased 54,918 shares of company stock valued at $2,717,324. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

AMRZ has been the topic of a number of recent analyst reports. Citigroup cut their price target on shares of Amrize from $76.00 to $66.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Stephens reissued an “overweight” rating and set a $65.00 price objective on shares of Amrize in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Amrize in a research report on Friday, June 26th. Truist Financial restated a “hold” rating and issued a $48.00 target price (down from $65.00) on shares of Amrize in a research note on Tuesday, July 7th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Amrize in a research report on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Amrize presently has a consensus rating of “Moderate Buy” and an average target price of $62.79.

About Amrize

Amrize AG focuses on building materials business in North America. The company was incorporated in 2023 and is based in Zug, Switzerland. Amrize AG operates independently of Holcim AG as of June 23, 2025.