Wilmington Savings Fund Society, FSB 13F: Cuts AMRZ Stake by $3.7M

Wilmington Savings Fund Society cut its holdings in Amrize Ltd (NYSE:AMRZ) by 80.2% during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The institutional investor sold 98,407 shares, leaving it with 24,353 shares of the building materials company. The remaining stake was valued at approximately $910,559 at the close of the period. Amrize shares closed at $39.44 on the filing date.

AMRZ Amrize Ltd

$39.44 ▼ -27.96% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in Amrize Ltd

Other major investors adjusted their positions in Amrize by varying margins during the same reporting period. Harris Associates L.P. grew its holdings by 2,646,629 shares, ending with 13,990,945 shares worth about $551,802,851. Zurcher Kantonalbank lifted its stake by 1,666,29 shares, bringing its total to 10,847,973 shares valued at about $427,844,040. Meanwhile, DZ Bank AG Deutsche Zentral Genossenschafts Bank cut its position by 3,72% or 4,464,070 shares, finishing the quarter with 7,545,803 shares worth about $297,606,459.

Amrize Ltd Stock Up 1.6%

The company's shares recently traded around $39.44 as of October 24, 2026, sitting right at its event-day close. The stock trades about 2.3% below its 50-day moving average of $40.36 and roughly 22.7% below its 200-day moving average of $51.02. Amrize has traded in a 52-week range between $35.79 and $65.94, putting the recent price about 40.2% below its peak and 10.2% above its lowest point over the past year. Analysts currently hold a consensus buy rating on the stock with a mean target price of $46.62, which places the recent price about 15.4% below expectations.

Recent Earnings

Amrize reported $12,183,000,064 in trailing twelve-month revenue alongside basic earnings of $2.19 per share. The company posted a net profit margin of 10.1% and a return on equity of 9.7%, with revenue growing 8.6% year-over-year. The building materials provider is scheduled to release its next financial results on October 28, 2026.

Insider Buying and Selling at Amrize Ltd

Company insiders were active in the open market prior to the filing. Officer Denise R Singleton bought 3,500 shares on August 25, 2026, at an average price of $44.12 for a total value of $154,402. Director Jacques Wolf Ph.D. Sanche acquired 4,150 shares on August 26, 2026, at $45.02 per share worth $186,833. Director Dwight Audley Konrad Gibson picked up 5 shares on August 27, 2026, at $44.58 per share totaling $244. Chief Executive Officer Jan Philipp Jenisch purchased 30,000 shares on September 2, 2026, valued at $1,274,080.

Analysts Set New Price Targets

Wall Street firms updated their views on Amrize ahead of the filing. On October 5, 2026, Wells Fargo maintained its Equal-Weight rating while adjusting its price target to $40.00 from $44.00. RBC Capital maintained an Underperform rating on October 9, 2026, lowering its target to $32.00 from $48.00. Longbow Research initiated coverage with a Buy rating on October 10, 2026. JP Morgan kept a Neutral rating on October 13, 2026, moving its target from $52.00 to $48.00. Barclays maintained an Equal-Weight rating on October 19, 2026, cutting its target to $40.00 from $55.00.

About Amrize Ltd

Headquartered in Zug, Switzerland, Amrize provides building solutions for residential, commercial, and infrastructure construction markets, primarily operating across North America and Canada. The enterprise supplies cement, aggregates, ready-mix concrete, and asphalt through its building materials and building envelope segments.

Bottom Line

Investors are keeping a close watch on Amrize ahead of its upcoming earnings report on October 28, 2026. Institutional adjustments and analyst target revisions will likely shift as the company updates the market on its recent quarterly performance.