Quanex (NX)

• Market cap: $963M
• 1 day: -1.69%
• 5 days: -10.06%
• 1 month: -15.61%
• 3 months: -32.22%
• 6 months: -26.72%
• Year to date: -13.35%
• 1 year: -38.04%
• 5 years: 5.82%
• 10 years: 3.72%
• Sector: Materials
• Industry: Rolling Drawing & Extruding of Nonferrous Metals

About: Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its three operating segments are North American Fenestration being the key revenue driver, European Fenestration, and North American Cabinet Components. Geographically, it derives a majority of revenue from the United States.

Employees: 3,792

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

5.31% more ownership

Funds ownership: 86.51% [Q3] → 91.82% (+5.31%) [Q4]

2% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 65

7% less capital invested

Capital invested by funds: $1.13B [Q3] → $1.05B (-$84.9M) [Q4]

9% less funds holding

Funds holding: 208 [Q3] → 190 (-18) [Q4]

38% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 42

95% less call options, than puts

Call options by funds: $24K | Put options by funds: $533K