First Trust Advisors LP elevated its stake in shares of TopBuild Corp. (NYSE:BLD – Free Report) by 4.4% within the 4th quarter, in response to the corporate in its most up-to-date submitting with the Securities & Trade Fee. The fund owned 100,751 shares of the development firm’s inventory after buying a further 4,273 shares in the course of the interval. First Trust Advisors LP owned 0.32% of TopBuild price $37,707,000 as of its most up-to-date submitting with the Securities & Trade Fee.
A number of different hedge funds have additionally lately modified their holdings of BLD. Panagora Asset Administration Inc. raised its holdings in TopBuild by 2.4% within the 4th quarter. Panagora Asset Administration Inc. now owns 1,102 shares of the development firm’s inventory valued at $412,000 after buying a further 26 shares over the past quarter. Harbor Funding Advisory LLC raised its holdings in TopBuild by 6.5% within the 4th quarter. Harbor Funding Advisory LLC now owns 458 shares of the development firm’s inventory valued at $171,000 after buying a further 28 shares over the past quarter. Greenleaf Trust elevated its holdings in shares of TopBuild by 4.1% in the course of the 4th quarter. Greenleaf Trust now owns 1,133 shares of the development firm’s inventory price $424,000 after shopping for a further 45 shares over the past quarter. Xponance Inc. elevated its holdings in shares of TopBuild by 1.2% in the course of the 4th quarter. Xponance Inc. now owns 4,027 shares of the development firm’s inventory price $1,507,000 after shopping for a further 46 shares over the past quarter. Lastly, UBS Group AG boosted its place in shares of TopBuild by 0.3% in the course of the 4th quarter. UBS Group AG now owns 16,659 shares of the development firm’s inventory price $6,235,000 after buying a further 47 shares in the course of the interval. Institutional traders and hedge funds personal 95.67% of the corporate’s inventory.
Wall Road Analysts Forecast Development
A number of brokerages have commented on BLD. The Goldman Sachs Group raised their worth goal on shares of TopBuild from $419.00 to $429.00 and gave the corporate a “purchase” ranking in a analysis report on Friday, March 1st. DA Davidson began protection on shares of TopBuild in a analysis report on Tuesday, March fifth. They set a “purchase” ranking and a $470.00 worth goal for the corporate. StockNews.com raised shares of TopBuild from a “maintain” ranking to a “purchase” ranking in a analysis report on Saturday, April sixth. Evercore ISI lifted their worth goal on shares of TopBuild from $469.00 to $527.00 and gave the inventory an “outperform” ranking in a analysis report on Tuesday, April 2nd. Lastly, Stephens reaffirmed an “equal weight” ranking and set a $425.00 worth goal on shares of TopBuild in a analysis report on Tuesday, April twenty third. Two equities analysis analysts have rated the inventory with a maintain ranking and ten have given a purchase ranking to the corporate. Based mostly on knowledge from MarketBeat.com, the corporate has a mean ranking of “Average Purchase” and a mean worth goal of $420.90.
View Our Latest Research Report on TopBuild
TopBuild Worth Efficiency
Shares of NYSE:BLD opened at $402.09 on Friday. The corporate’s fifty day transferring common worth is $410.19 and its 200 day transferring common worth is $386.41. TopBuild Corp. has a 12 month low of $217.08 and a 12 month excessive of $452.87. The corporate has a debt-to-equity ratio of 0.50, a present ratio of 2.81 and a fast ratio of 2.33. The agency has a market capitalization of $12.79 billion, a P/E ratio of 20.27, a P/E/G ratio of 1.90 and a beta of 1.75.
TopBuild (NYSE:BLD – Get Free Report) final introduced its quarterly earnings outcomes on Tuesday, Might seventh. The development firm reported $4.81 EPS for the quarter, topping the consensus estimate of $4.56 by $0.25. The agency had income of $1.28 billion for the quarter, in comparison with analyst estimates of $1.30 billion. TopBuild had a internet margin of 12.11% and a return on fairness of 25.87%. TopBuild’s income for the quarter was up 1.1% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the enterprise earned $4.36 EPS. As a gaggle, sell-side analysts predict that TopBuild Corp. will publish 21.63 earnings per share for the present fiscal yr.
Insider Shopping for and Promoting at TopBuild
In different TopBuild information, Director Nancy M. Taylor bought 300 shares of TopBuild inventory in a transaction on Friday, Might thirty first. The shares had been bought at a mean worth of $415.81, for a complete worth of $124,743.00. Following the transaction, the director now straight owns 5,920 shares within the firm, valued at $2,461,595.20. The transaction was disclosed in a doc filed with the SEC, which is obtainable at the SEC website. In different TopBuild information, CFO Robert M. Kuhns bought 540 shares of TopBuild inventory in a transaction on Thursday, Might ninth. The shares had been bought at a mean worth of $406.53, for a complete worth of $219,526.20. Following the transaction, the chief monetary officer now straight owns 15,928 shares within the firm, valued at $6,475,209.84. The transaction was disclosed in a doc filed with the SEC, which is obtainable at the SEC website. Additionally, Director Nancy M. Taylor bought 300 shares of TopBuild inventory in a transaction dated Friday, Might thirty first. The shares had been bought at a mean worth of $415.81, for a complete transaction of $124,743.00. Following the completion of the sale, the director now straight owns 5,920 shares within the firm, valued at roughly $2,461,595.20. The disclosure for this sale may be discovered here. Over the past three months, insiders have bought 5,840 shares of firm inventory price $2,362,869. 0.46% of the inventory is owned by firm insiders.
About TopBuild
TopBuild Corp., along with its subsidiaries, engages within the set up and distribution of insulation and different constructing materials merchandise to the development business. The corporate operates in two segments, Set up and Specialty Distribution. It offers insulation merchandise and equipment, glass and home windows, rain gutters, storage doorways, fireplaces, roofing supplies, closet shelving, and different merchandise.
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First Trust Advisors LP Purchases 4,273 Shares of TopBuild Corp. (NYSE:BLD) www.marketbeat.com 2024-06-09 08:17:53
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