Thrivent Financial for Lutherans Sells 2,808 Shares of Eagle Materials Inc $EXP

Posted by Stanley Muller on May 28th, 2026

Thrivent Financial for Lutherans trimmed its position in shares of Eagle Materials Inc (NYSE:EXP – Free Report) by 24.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,580 shares of the construction company’s stock after selling 2,808 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Eagle Materials were worth $1,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in Eagle Materials by 14.6% during the 3rd quarter. Principal Financial Group Inc. now owns 511,372 shares of the construction company’s stock worth $119,179,000 after acquiring an additional 65,072 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Eagle Materials by 61.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 500,474 shares of the construction company’s stock worth $116,630,000 after acquiring an additional 189,725 shares during the last quarter. Lighthouse Investment Partners LLC boosted its holdings in Eagle Materials by 743.8% during the 3rd quarter. Lighthouse Investment Partners LLC now owns 34,317 shares of the construction company’s stock worth $7,997,000 after acquiring an additional 30,250 shares during the last quarter. Cambiar Investors LLC purchased a new position in Eagle Materials during the 4th quarter worth $1,321,000. Finally, Madison Asset Management LLC purchased a new position in Eagle Materials during the 3rd quarter worth $1,976,000. 96.07% of the stock is owned by hedge funds and other institutional investors.

Eagle Materials Price Performance

Shares of NYSE:EXP opened at $215.06 on Thursday. The company’s 50-day moving average is $197.52 and its 200 day moving average is $210.52. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.09 and a current ratio of 3.66. The company has a market capitalization of $6.66 billion, a P/E ratio of 16.39 and a beta of 1.38. Eagle Materials Inc has a fifty-two week low of $171.99 and a fifty-two week high of $243.64.

Eagle Materials (NYSE:EXP – Get Free Report) last issued its quarterly earnings results on Tuesday, May 19th. The construction company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.32. The company had revenue of $479.11 million for the quarter, compared to the consensus estimate of $451.99 million. Eagle Materials had a net margin of 18.36% and a return on equity of 28.27%. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.00 EPS. On average, equities research analysts forecast that Eagle Materials Inc will post 12.6 earnings per share for the current year.

Eagle Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Monday, June 15th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, June 15th. Eagle Materials’s payout ratio is 7.62%.

Analysts Set New Price Targets

EXP has been the topic of a number of analyst reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $215.00 price objective (down from $230.00) on shares of Eagle Materials in a report on Monday, February 16th. DA Davidson cut their price objective on shares of Eagle Materials from $225.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Royal Bank Of Canada lifted their price objective on shares of Eagle Materials from $208.00 to $219.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 20th. Wall Street Zen raised shares of Eagle Materials from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Wells Fargo & Company lifted their price objective on shares of Eagle Materials from $240.00 to $246.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Eagle Materials presently has an average rating of “Hold” and an average price target of $223.30.

Check Out Our Latest Research Report on EXP

Eagle Materials Profile

(Free Report)

Eagle Materials Inc (NYSE:EXP) is a Dallas, Texas–based manufacturer of building materials serving construction and heavy industry markets across the United States. The company’s primary products include portland and masonry cements, gypsum wallboard, lightweight aggregate, paperboard packaging, and roofing granules. These product lines support a wide range of end uses—from residential and commercial buildings to infrastructure projects and industrial applications.

Since its spin-off from a major homebuilding company in 2004, Eagle Materials has grown through targeted facility expansions and strategic acquisitions.