TopBuild Corp. (NYSE:BLD) Stock Holdings Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in shares of TopBuild Corp. (NYSE:BLD) by 7.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 251,588 shares of the construction company’s stock after acquiring an additional 18,174 shares during the period. Charles Schwab Investment Management Inc. owned 0.85% of TopBuild worth $78,329,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of BLD. Winch Advisory Services LLC bought a new position in shares of TopBuild during the fourth quarter worth about $26,000. Versant Capital Management Inc grew its position in shares of TopBuild by 327.3% during the fourth quarter. Versant Capital Management Inc now owns 94 shares of the construction company’s stock worth $29,000 after acquiring an additional 72 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of TopBuild during the third quarter worth about $31,000. V Square Quantitative Management LLC grew its position in shares of TopBuild by 55.3% during the fourth quarter. V Square Quantitative Management LLC now owns 118 shares of the construction company’s stock worth $37,000 after acquiring an additional 42 shares during the last quarter. Finally, Kennebec Savings Bank bought a new position in shares of TopBuild during the third quarter worth about $45,000. Institutional investors own 95.67% of the company’s stock.

TopBuild Price Performance

Shares of NYSE:BLD opened at $309.57 on Tuesday. The company’s fifty day moving average is $324.97 and its two-hundred day moving average is $356.56. The company has a quick ratio of 1.49, a current ratio of 2.01 and a debt-to-equity ratio of 0.64. TopBuild Corp. has a 12-month low of $288.31 and a 12-month high of $495.68. The company has a market cap of $9.05 billion, a P/E ratio of 15.62, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89.

TopBuild (NYSE:BLD) last announced its earnings results on Tuesday, February 25th. The construction company reported $5.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.07 by $0.06. TopBuild had a net margin of 11.66% and a return on equity of 26.40%. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the business earned $4.69 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Equities analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BLD. The Goldman Sachs Group cut their target price on TopBuild from $475.00 to $410.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Seaport Res Ptn downgraded TopBuild from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 13th. Truist Financial cut their target price on TopBuild from $395.00 to $310.00 and set a “hold” rating for the company in a research report on Thursday, February 27th. StockNews.com downgraded TopBuild from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Benchmark cut their target price on TopBuild from $445.00 to $375.00 and set a “buy” rating for the company in a research report on Monday, March 3rd. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $411.78.

TopBuild Company 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.