Eagle MaterialsEXP
Market Cap: $8.1B
About: Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include cement and gypsum wallboard, and are sold to the construction and building industries. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.
Employees: 2,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2.67% more ownership
Funds ownership: 96.96% [Q1] → 99.63% (+2.67%) [Q2]
4% less funds holding
Funds holding: 481 [Q1] → 460 (-21) [Q2]
19% less capital invested
Capital invested by funds: $8.99B [Q1] → $7.27B (-$1.72B) [Q2]
25% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 197
29% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 72
31% less call options, than puts
Call options by funds: $29.7M | Put options by funds: $43.3M
40% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 6 (-4) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Stephens & Co. Trey Grooms 50% 1-year accuracy 12 / 24 met price target | 31%upside $315 | Overweight Maintained | 1 Aug 2024 |
Citigroup Anthony Pettinari 62% 1-year accuracy 34 / 55 met price target | 29%upside $311 | Buy Maintained | 1 Aug 2024 |
Jefferies Philip Ng 44% 1-year accuracy 7 / 16 met price target | 18%upside $283 | Buy Maintained | 17 Jul 2024 |
Citigroup Anthony Pettinari 62% 1-year accuracy 34 / 55 met price target | 5%upside $252 | Buy Maintained | 11 Jul 2024 |