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

Quantinno Capital Management LP lifted its stake in shares of James Hardie Industries PLC. (NYSE:JHX) by 9.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 275,257 shares of the construction company’s stock after purchasing an additional 24,606 shares during the quarter. Quantinno Capital Management LP owned 0.06% of James Hardie Industries worth $5,213,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP boosted its position in James Hardie Industries by 259.7% in the third quarter. Wellington Management Group LLP now owns 50,649,731 shares of the construction company’s stock valued at $972,981,000 after buying an additional 36,567,726 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of James Hardie Industries by 22.2% during the fourth quarter. JPMorgan Chase & Co. now owns 9,690,174 shares of the construction company’s stock worth $201,071,000 after buying an additional 1,758,111 shares during the last quarter. Alyeska Investment Group L.P. increased its holdings in shares of James Hardie Industries by 14.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 5,166,115 shares of the construction company’s stock worth $107,197,000 after buying an additional 634,354 shares in the last quarter. Hill City Capital LP increased its holdings in shares of James Hardie Industries by 21.4% during the fourth 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 lifted its stake in shares of James Hardie Industries by 48.5% in the 1st quarter. Renaissance Technologies LLC now owns 3,839,489 shares of the construction company’s stock valued at $72,720,000 after acquiring an additional 1,254,400 shares during the last quarter. 7.96% of the stock is currently owned by institutional investors and hedge funds.

James Hardie Industries Price Performance

James Hardie Industries stock opened at $28.01 on Friday. The stock’s 50 day moving average is $25.24 and its 200 day moving average is $22.99. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.58 and a quick ratio of 1.03. The firm has a market cap of $16.26 billion, a P/E ratio of 127.32, a P/E/G ratio of 13.94 and a beta of 1.77. James Hardie Industries PLC. has a one year low of $16.46 and a one year high of $29.83.

James Hardie Industries (NYSE:JHX) last announced its earnings results on Thursday, August 6th. The construction company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.32 by $0.04. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.42 billion. James Hardie Industries had a return on equity of 11.13% and a net margin of 2.15%.The firm’s revenue was up 63.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 earnings per share. As a group, research analysts expect that James Hardie Industries PLC. will post 1.37 EPS for the current 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

Several research firms recently weighed in on JHX. Oppenheimer raised their price objective on James Hardie Industries from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Stephens upped their target price on James Hardie Industries from $31.00 to $33.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Barclays reiterated a “positive” rating on shares of James Hardie Industries in a research report on Friday, July 24th. Finally, Zacks Research upgraded James Hardie Industries from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.