Rafferty Asset Management LLC Purchases 19,152 Shares of TopBuild Corp. $BLD

Rafferty Asset Management LLC increased its position in TopBuild Corp. (NYSE:BLD) by 81.3% in the third quarter, HoldingsChannel reports. The firm owned 42,710 shares of the construction company’s stock after purchasing an additional 19,152 shares during the quarter. Rafferty Asset Management LLC’s holdings in TopBuild were worth $16,694,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BLD. Root Financial Partners LLC bought a new position in TopBuild in the third quarter worth $34,000. SJS Investment Consulting Inc. grew its position in shares of TopBuild by 3,433.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 106 shares of the construction company’s stock worth $41,000 after buying an additional 103 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of TopBuild in the 2nd quarter worth about $35,000. Smithfield Trust Co lifted its position in TopBuild by 58.6% during the 3rd quarter. Smithfield Trust Co now owns 111 shares of the construction company’s stock valued at $44,000 after acquiring an additional 41 shares during the period. Finally, MAI Capital Management boosted its stake in TopBuild by 28.3% during the second quarter. MAI Capital Management now owns 118 shares of the construction company’s stock worth $38,000 after acquiring an additional 26 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors.

TopBuild Price Performance

NYSE:BLD opened at $447.69 on Friday. The firm has a market capitalization of $12.57 billion, a price-to-earnings ratio of 24.46, a PEG ratio of 7.24 and a beta of 1.70. The business has a 50 day simple moving average of $479.99 and a 200-day simple moving average of $444.41. TopBuild Corp. has a 1 year low of $266.26 and a 1 year high of $559.47. The company has a debt-to-equity ratio of 1.26, a current ratio of 2.90 and a quick ratio of 2.45.

TopBuild (NYSE:BLD) last announced its earnings results on Thursday, February 26th. The construction company reported $4.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.39 by $0.11. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. TopBuild had a return on equity of 26.12% and a net margin of 9.65%.The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.13 earnings per share. Equities analysts forecast that TopBuild Corp. will post 20.97 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BLD. Jefferies Financial Group raised their price objective on TopBuild from $518.00 to $536.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Weiss Ratings downgraded shares of TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Evercore cut their price target on TopBuild from $449.00 to $448.00 and set an “in-line” rating for the company in a research note on Wednesday, November 5th. Benchmark reduced their price objective on TopBuild from $515.00 to $500.00 and set a “buy” rating for the company in a research note on Friday. Finally, Royal Bank Of Canada raised their target price on shares of TopBuild from $410.00 to $433.00 and gave the stock a “sector perform” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, TopBuild presently has an average rating of “Moderate Buy” and a consensus price target of $439.26.

Key Headlines Impacting TopBuild

Here are the key news stories impacting TopBuild this week:

• Positive Sentiment: Wells Fargo cut its price target from $600 to $525 but kept an Overweight rating, leaving material upside vs. the current price — shows continued analyst conviction despite the reset. Benzinga
• Positive Sentiment: Benchmark trimmed its target from $515 to $500 but maintained a Buy — another buy-side vote that implies double-digit upside from current levels. Benzinga
• Positive Sentiment: TopBuild returned $434.2M to shareholders via share repurchases in 2025 and has substantial remaining buyback capacity (~$753.9M), supporting EPS and signaling management confidence. TopBuild Q4 press release
• Positive Sentiment: Institutional buying: Aster Capital disclosed a new ~ $598k position in BLD, indicating some funds are adding exposure after the results. Aster Capital buys BLD
• Neutral Sentiment: RBC bumped its target modestly from $410 to $433 and left a Sector Perform rating — a mixed signal (slightly higher target but no upgrade). Benzinga
• Neutral Sentiment: Q4 results: revenue (~$1.49B) roughly in line with expectations and EPS of $4.50 beat consensus by $0.11, but EPS and net income were down versus a year ago — topline growth was acquisition-driven. Yahoo Finance: Q4 results
• Negative Sentiment: Profitability compression: reported operating and net margins declined (YoY net income and EPS down), driven by SG&A increases, acquisition-related costs and inventory step-ups that weighed on Specialty Distribution margins. Those margin hits are a key reason sentiment turned negative despite revenue growth. TopBuild Q4 press release
• Negative Sentiment: Higher leverage and interest costs: long-term debt rose materially after 2025 acquisitions and interest expense increased, raising financial risk and weighing on adjusted earnings expectations. This is amplifying investor caution. TopBuild Q4 press release
• Negative Sentiment: Insider selling: recent insider share sales (including by the CEO) have been reported, which can add to near-term downward pressure on the stock. Quiver / summary

TopBuild Company Profile

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.