D1 Capital Partners L.P. Adds $94M in James Hardie Industries plc ($JHX)

D1 Capital Partners L.P. has increased its stake in James Hardie Industries plc (NYSE: JHX) by adding nearly 3.9 million shares. This move, reported in the latest Form 13F filing with the SEC, boosts the firm's holdings by 16% to a total of 28.3 million shares, valued at approximately $682.9 million as of the reporting period ending March 31, 2026.

What Changed in D1 Capital Partners' James Hardie Position

D1 Capital Partners' decision to increase its stake involved purchasing 3,897,570 additional shares, raising its total to 28,300,283 shares. This represents a 16% increase from the previous count of 24,402,713 shares. The total value of this position is now about $682.9 million, indicating a significant commitment to the building materials company.

Other Institutional Activity in James Hardie

Other major institutional players have also adjusted their positions in James Hardie Industries. Wellington Management Group LLP slightly increased its holdings by 392,591 shares, bringing its total to 52,803,225 shares worth about $1 billion. FMR LLC made a substantial addition of 20,166,220 shares, resulting in a new total of 31,254,722 shares valued at $591.9 million. On the other hand, Massachusetts Financial Services Co. reduced its position by 1,027,033 shares, leaving it with 11,606,567 shares worth $236.6 million.

James Hardie Industries Stock Snapshot

Shares of James Hardie Industries, trading under the ticker JHX on the NYSE, were recently priced at $24.13. The company has a market capitalization of approximately $14 billion and a P/E ratio of 127.0, with a forward P/E of 14.06. Its beta of 1.045 suggests moderate volatility. Over the past year, the stock has traded between $16.46 and $29.83, with a 50-day moving average of $21.27 and a 200-day moving average of $21.04.

Recent Earnings

James Hardie Industries reported revenue of $4.84 billion, with a growth rate of 44.5%. Despite a modest net margin of 2.15% and a return on equity of 2.42%, the company continues to show strong revenue growth. The next earnings report is anticipated on August 18, 2026.

Insider Buying and Selling at James Hardie Industries plc

Recent insider activity includes Jesse Singh selling 400,000 shares at an average price of $25.75 on February 12, 2026. Additionally, Suzanne Rowland bought 3,000 shares at $22.91 on June 2, 2026. These transactions were not part of any pre-planned trading programs.

Analysts Set New Price Targets

On May 21, 2026, Barclays maintained a hold rating for James Hardie Industries with a price target of $21. Truist Securities previously maintained a buy rating with a target of $30 on February 11, 2026. The consensus among analysts is a target mean price of $28.18, with seven analysts providing opinions.

About James Hardie Industries

James Hardie Industries plc, headquartered in Dublin, Ireland, is a leading manufacturer of building materials, focusing on fiber cement and fiber gypsum products. The company serves markets in the United States, Australia, Europe, and New Zealand. It operates in several segments, including Siding & Trim, Deck, Rail & Accessories, and regional segments for Australia, New Zealand, and Europe.

Bottom Line

D1 Capital Partners' increased stake in James Hardie Industries reflects confidence in the company's potential within the building materials sector. Investors keep a close watch on such 13F filings to gauge institutional sentiment. It's important to remember that these filings are historical and might not represent current positions.