Quantinno Capital Management LP Has $5.21 Million Position in James Hardie Industries PLC. $JHX

Quantinno Capital Management LP lifted its holdings in James Hardie Industries PLC. (NYSE:JHX) by 9.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 275,257 shares of the construction company’s stock after acquiring an additional 24,606 shares during the period. Quantinno Capital Management LP’s holdings in James Hardie Industries were worth $5,213,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JHX. Wellington Management Group LLP boosted its position in shares of James Hardie Industries by 259.7% during the 3rd quarter. Wellington Management Group LLP now owns 50,649,731 shares of the construction company’s stock valued at $972,981,000 after purchasing an additional 36,567,726 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in James Hardie Industries by 22.2% in the fourth quarter. JPMorgan Chase & Co. now owns 9,690,174 shares of the construction company’s stock worth $201,071,000 after purchasing an additional 1,758,111 shares in the last quarter. Alyeska Investment Group L.P. lifted its stake in James Hardie Industries by 14.0% in the fourth quarter. Alyeska Investment Group L.P. now owns 5,166,115 shares of the construction company’s stock valued at $107,197,000 after buying an additional 634,354 shares during the period. Hill City Capital LP boosted its holdings in shares of James Hardie Industries by 21.4% during the 4th quarter. Hill City Capital LP now owns 5,120,200 shares of the construction company’s stock worth $106,244,000 after buying an additional 901,700 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of James Hardie Industries by 48.5% during the 1st quarter. Renaissance Technologies LLC now owns 3,839,489 shares of the construction company’s stock worth $72,720,000 after buying an additional 1,254,400 shares in the last quarter. 7.96% of the stock is owned by institutional investors and hedge funds.

James Hardie Industries Trading Down 1.2%

Shares of James Hardie Industries stock opened at $28.01 on Friday. The stock has a fifty day simple moving average of $25.24 and a 200 day simple moving average of $22.99. James Hardie Industries PLC. has a 12-month low of $16.46 and a 12-month high of $29.83. The company has a market capitalization of $16.26 billion, a P/E ratio of 127.32, a price-to-earnings-growth ratio of 13.94 and a beta of 1.77. The company has a current ratio of 1.58, a quick ratio of 1.03 and a debt-to-equity ratio of 0.71.

James Hardie Industries (NYSE:JHX) last released its quarterly earnings results on Thursday, August 6th. The construction company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. James Hardie Industries had a return on equity of 11.13% and a net margin of 2.15%.The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period in the prior year, the firm posted $0.29 EPS. James Hardie Industries’s quarterly revenue was up 63.9% compared to the same quarter last year. On average, sell-side analysts anticipate that James Hardie Industries PLC. will post 1.37 earnings per share for the current fiscal year.

James Hardie Industries News Summary

Here are the key news stories impacting James Hardie Industries this week:

• Positive Sentiment: Raised revenue outlook: James Hardie now expects fiscal 2027 revenue of approximately $5.6 billion to $5.7 billion, above the $5.4 billion analyst consensus. Second-quarter revenue guidance of $1.5 billion to $1.6 billion also exceeds the roughly $1.3 billion consensus. James Hardie Reports First Quarter FY27 Results; Raises FY27 Outlook
• Positive Sentiment: Strong quarterly growth: First-quarter revenue increased 63.9% year over year to about $1.5 billion, while gross profit reached $548.7 million and net income attributable to common shareholders rose to $104.3 million. Operating cash flow improved to $344 million. James Hardie Industries Stock Rises on Q1 2027 Earnings
• Positive Sentiment: Earnings beat estimates: The company reported quarterly EPS of $0.36, topping the $0.32 consensus estimate and rising from $0.29 in the comparable prior-year quarter. James Hardie quarterly earnings report
• Neutral Sentiment: Growth came with cost pressure: Operating profit increased 9.5%, substantially slower than revenue growth, while cost of sales climbed to $925.9 million. Total liabilities also rose to approximately $7.0 billion, factors investors may monitor for margin and balance-sheet risks. James Hardie Industries financial results
• Negative Sentiment: Valuation remains demanding: JHX is trading near its 52-week high with a reported price-to-earnings ratio above 127, leaving the stock vulnerable to profit-taking if future growth or margins disappoint.

Analyst Upgrades and Downgrades

JHX has been the subject of several research analyst reports. Stephens lifted their price objective on shares of James Hardie Industries from $31.00 to $33.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Zacks Research upgraded shares of James Hardie Industries from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Oppenheimer lifted their price target on shares of James Hardie Industries from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Finally, Barclays reiterated a “positive” rating on shares of James Hardie Industries in a report on Friday, July 24th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $27.56.

James Hardie Industries Profile

James Hardie Industries plc (NYSE: JHX) is a global manufacturer of high-performance fiber cement building products. The company specializes in exterior cladding, trim and soffit, as well as interior backerboard solutions designed for residential and commercial construction. By combining cement, sand and cellulose fibers, James Hardie produces durable, low-maintenance materials that resist moisture, fire and termite damage, catering to builders, contractors and homeowners through a network of distributors and retail channels.

The company’s flagship products include Hardie® Plank® and Hardie® Panel® siding systems, Hardie® BackerBoard® for tile applications, and a range of architectural trim solutions.