Gw&K Investment Management Reduces $2M in Eagle Materials Inc. ($EXP)

Gw&K Investment Management has trimmed its stake in Eagle Materials Inc. (NYSE:EXP). The firm cut its holdings by 7,750 shares, ending with 291,817 shares valued at roughly $62.8 million, according to its latest 13F filing with the SEC. This represents a 2.59% decrease from its previous position.

What Changed in Gw&K Investment Management's Eagle Materials Position

Gw&K Investment Management's recent move involved reducing its Eagle Materials holdings from 299,567 shares to 291,817 shares. This reduction of 7,750 shares reflects a 2.59% decrease in their position, bringing the total value of their investment to approximately $62.8 million.

Other Institutional Activity in Eagle Materials

Several other institutional investors made changes to their Eagle Materials positions. FMR LLC increased its stake by 115,763 shares to hold 3,644,570 shares valued at about $690.5 million. BlackRock, Inc. slightly reduced its holdings by 16,682 shares, ending with 3,000,139 shares worth approximately $568.4 million. Vanguard Capital Management LLC initiated a new position with 1,410,972 shares valued at $267.3 million. AllianceBernstein L.P. significantly boosted its stake by 790,221 shares, now holding 1,109,462 shares valued at $229.3 million.

Eagle Materials Stock Snapshot

Shares of Eagle Materials (NYSE:EXP) recently traded at around $215.25. The company's market cap is approximately $6.66 billion, with a P/E ratio of 16.37 and a forward P/E of 14.60. Eagle Materials has a beta of 1.384, indicating its stock is somewhat more volatile than the market. Over the past year, the stock has ranged from a low of $171.99 to a high of $243.64. The company's 50-day moving average is $205.95, while its 200-day moving average is $215.79.

Recent Earnings

Eagle Materials reported revenues of $2.31 billion, reflecting a growth rate of 1.9%. The company achieved a net margin of 18.36% and a return on equity of 28.91%. Earnings per share (EPS) stood at $13.15. The next earnings report is expected on July 28, 2026.

Dividend

Eagle Materials pays an annual dividend of $1.00, yielding 0.46%. The company's dividend payout ratio is 7.6%, indicating a conservative approach to dividend distribution.

Insider Buying and Selling at Eagle Materials Inc.

Recent insider activity at Eagle Materials included several transactions. On May 22, 2026, CEO Michael Haack bought 3,527 shares at an average price of $199.13. Meanwhile, SVP and Controller William Devlin sold 105 shares, and President of American Gypsum Eric Cribbs sold a total of 821 shares on the same date.

Analysts Set New Price Targets

Analyst activity has been notable for Eagle Materials. On June 2, 2026, JP Morgan upgraded the stock to a 'hold' rating with a price target of $225. Citigroup maintained its 'hold' rating with a $217 target on May 21, 2026. RBC Capital also maintained a 'hold' rating, assigning a $219 target on May 20, 2026. The consensus among analysts is a 'hold' rating, with a mean price target of $223.56 based on nine opinions.

About Eagle Materials

Eagle Materials Inc., based in Dallas, Texas, manufactures and sells heavy construction and light building materials in the U.S. The company operates in sectors such as cement, concrete, aggregates, gypsum wallboard, and recycled paperboard. Led by CEO Michael R. Haack, it employs around 2,800 people and serves various construction needs, including residential, commercial, and public infrastructure projects.

Bottom Line

Gw&K Investment Management's reduction in its Eagle Materials holdings is part of its portfolio adjustments as reflected in its latest 13F filing. Eagle Materials remains a significant player in the building materials industry, with a solid market position and ongoing analyst interest. Investors often monitor such filings to gauge institutional sentiment, though it's important to remember these filings are backward-looking and may not reflect current positions.