Summit Materials Ownership

Summit Materials shows a total of 112.07 Million outstanding shares. The majority of Summit Materials outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Summit Materials to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Summit Materials. Please pay attention to any change in the institutional holdings of Summit Materials Cl as this could imply that something significant has changed or is about to change at the company. Also note that roughly three million three hundred seventeen thousand two hundred thirteen invesors are currently shorting Summit Materials expressing very little confidence in its future performance. Some institutional investors establish a significant position in stocks such as Summit Materials in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Summit Materials, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Dividends Paid is likely to drop to about 542.4 K in 2024. Net Income Applicable To Common Shares is likely to gain to about 328.6 M in 2024. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Summit Materials Cl. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Summit Stock please use our How to Invest in Summit Materials guide.