Owens Corning
About: Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with four reportable segments: Composites, Insulation, Doors, and Roofing. It generates maximum revenue from the Roofing segment. Its Roofing segment laminate and strip asphalt roofing shingles, roofing components, synthetic packaging materials, and oxidized asphalt. It meets the growing demand for longer-lasting, aesthetically attractive laminate products with modest capital investment. Geographically the company generates the majority of its revenue from the United States.
Employees: 25,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
155% more call options, than puts
Call options by funds: $58.1M | Put options by funds: $22.7M
80% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 66
5% more funds holding
Funds holding: 719 [Q3] → 758 (+39) [Q4]
1.56% more ownership
Funds ownership: 86.87% [Q3] → 88.44% (+1.56%) [Q4]
3% less capital invested
Capital invested by funds: $13.3B [Q3] → $12.9B (-$419M) [Q4]
12% less repeat investments, than reductions
Existing positions increased: 248 | Existing positions reduced: 283
25% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
RBC Capital Mike Dahl 41% 1-year accuracy 22 / 54 met price target | 48%upside $199 | Outperform Maintained | 14 Apr 2025 |
Wells Fargo Sam Reid 29% 1-year accuracy 11 / 38 met price target | 15%upside $155 | Overweight Maintained | 14 Apr 2025 |
Barclays Matthew Bouley 36% 1-year accuracy 25 / 69 met price target | 33%upside $179 | Overweight Maintained | 8 Apr 2025 |
Deutsche Bank Collin Verron 0% 1-year accuracy 0 / 10 met price target | 36%upside $183 | Buy Initiated | 1 Apr 2025 |
JP Morgan Michael Rehaut 56% 1-year accuracy 9 / 16 met price target | 31%upside $176 | Neutral Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 7 articles about OC published over the past 30 days
