Vanguard Personalized Indexing Management LLC Has $1.24 Million Stake in TopBuild Corp. (NYSE:BLD)

Vanguard Personalized Indexing Management LLC raised its position in TopBuild Corp. (NYSE:BLD) by 15.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,224 shares of the construction company’s stock after buying an additional 428 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in TopBuild were worth $1,242,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in TopBuild by 0.5% in the first quarter. Vanguard Group Inc. now owns 2,990,027 shares of the construction company’s stock worth $1,317,795,000 after buying an additional 15,965 shares during the last quarter. Capital International Investors lifted its stake in shares of TopBuild by 14.0% during the 4th quarter. Capital International Investors now owns 1,617,057 shares of the construction company’s stock valued at $605,200,000 after buying an additional 198,614 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in shares of TopBuild by 53.0% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 376,725 shares of the construction company’s stock valued at $140,993,000 after purchasing an additional 130,563 shares in the last quarter. Liontrust Investment Partners LLP raised its stake in shares of TopBuild by 21.1% during the 2nd quarter. Liontrust Investment Partners LLP now owns 332,050 shares of the construction company’s stock valued at $127,929,000 after purchasing an additional 57,880 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in TopBuild by 8.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 300,001 shares of the construction company’s stock worth $112,279,000 after purchasing an additional 23,267 shares in the last quarter. Institutional investors own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

BLD has been the topic of several recent analyst reports. StockNews.com cut TopBuild from a “buy” rating to a “hold” rating in a report on Wednesday, July 31st. Stephens cut their price target on shares of TopBuild from $435.00 to $400.00 and set an “equal weight” rating for the company in a research note on Thursday, August 8th. Jefferies Financial Group raised their price objective on shares of TopBuild from $486.00 to $536.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. Truist Financial cut their target price on shares of TopBuild from $410.00 to $395.00 and set a “hold” rating for the company in a research report on Wednesday, August 7th. Finally, DA Davidson lowered their price target on TopBuild from $470.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $449.00.

TopBuild Price Performance

Shares of TopBuild stock opened at $406.10 on Monday. The stock has a market capitalization of $12.92 billion, a P/E ratio of 20.47, a price-to-earnings-growth ratio of 2.27 and a beta of 1.77. TopBuild Corp. has a one year low of $217.08 and a one year high of $495.68. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.34 and a quick ratio of 1.82. The business’s 50 day simple moving average is $405.21 and its two-hundred day simple moving average is $407.18.

TopBuild (NYSE:BLD) last posted its quarterly earnings results on Tuesday, August 6th. The construction company reported $5.42 EPS for the quarter, missing analysts’ consensus estimates of $5.68 by ($0.26). The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.40 billion. TopBuild had a net margin of 11.74% and a return on equity of 25.72%. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.25 earnings per share. Analysts forecast that TopBuild Corp. will post 21.18 EPS for the current year.

TopBuild Profile

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.