Churchill Resources Inc. CRI reported first-quarter 2026 revenue of $681.1 million, topping the consensus estimate of $611.7 million and rising 8.1% from a year earlier. Gross profit came in at $293.9 million, while operating profit increased 9.0% to $28.4 million.
The company posted net income attributable to common shareholders of $14.3 million, down 7.7% year over year, with diluted earnings per share of $0.39. Cost of sales increased to $387.2 million, reflecting continued growth in the top line.
Cash generated from operating activities totaled $6.4 million, and capital spending on property, plant and equipment was $7.0 million. Churchill ended the period with $473.4 million in cash and cash equivalents, while total liabilities stood at $1.6 billion.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Churchill Resources Inc. Hedge Fund Activity
We have seen 123 institutional investors add shares of Churchill Resources Inc. stock to their portfolio, and 109 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RWWM, INC. removed 2,173,964 shares (-48.1%) from their portfolio in Q1 2026, for an estimated $77,740,952
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 1,045,226 shares (-65.4%) from their portfolio in Q1 2026, for an estimated $37,377,281
- MARSHALL WACE, LLP added 701,290 shares (+194.7%) to their portfolio in Q1 2026, for an estimated $25,078,130
- BALYASNY ASSET MANAGEMENT L.P. added 652,872 shares (+157.4%) to their portfolio in Q1 2026, for an estimated $23,346,702
- RUBRIC CAPITAL MANAGEMENT LP added 558,853 shares (+121.5%) to their portfolio in Q1 2026, for an estimated $19,984,583
- MORGAN STANLEY removed 531,433 shares (-30.2%) from their portfolio in Q1 2026, for an estimated $19,004,044
- DIMENSIONAL FUND ADVISORS LP added 472,786 shares (+36.6%) to their portfolio in Q1 2026, for an estimated $16,906,827
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Churchill Resources Inc. Price Targets
Multiple analysts have issued price targets for $CRI recently. We have seen 2 analysts offer price targets for $CRI in the last 6 months, with a median target of $41.5.
Here are some recent targets:
- Ike Boruchow from Wells Fargo set a target price of $42.0 on 06/17/2026
- Jay Sole from UBS set a target price of $41.0 on 05/11/2026
