Dixon Mitchell Investment Counsel Inc. Lowers Stake in TopBuild Corp. $BLD

Posted by George Bondi on Jun 14th, 2026

Dixon Mitchell Investment Counsel Inc. lowered its stake in TopBuild Corp. (NYSE:BLD – Free Report) by 57.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 35,028 shares of the construction company’s stock after selling 47,782 shares during the quarter. Dixon Mitchell Investment Counsel Inc.’s holdings in TopBuild were worth $14,650,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Research Global Investors increased its position in TopBuild by 2.8% in the 4th quarter. Capital Research Global Investors now owns 3,594,131 shares of the construction company’s stock valued at $1,499,500,000 after acquiring an additional 97,247 shares during the period. Capital International Investors increased its stake in shares of TopBuild by 71.1% in the fourth quarter. Capital International Investors now owns 1,518,093 shares of the construction company’s stock worth $633,346,000 after purchasing an additional 630,857 shares during the period. Capital World Investors grew its position in TopBuild by 0.9% during the fourth quarter. Capital World Investors now owns 872,309 shares of the construction company’s stock worth $363,919,000 after buying an additional 7,735 shares in the last quarter. Bank of America Corp DE boosted its holdings in TopBuild by 14.8% during the second quarter. Bank of America Corp DE now owns 847,436 shares of the construction company’s stock valued at $274,349,000 after purchasing an additional 109,572 shares in the last quarter. Finally, Boston Partners boosted its holdings in TopBuild by 1.0% during the third quarter. Boston Partners now owns 781,561 shares of the construction company’s stock valued at $305,662,000 after purchasing an additional 7,400 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BLD shares. UBS Group set a $440.00 price objective on shares of TopBuild in a research report on Wednesday, May 6th. Benchmark reduced their target price on shares of TopBuild from $515.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, February 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $496.00 target price (up from $487.00) on shares of TopBuild in a research note on Tuesday, April 21st. Loop Capital lowered shares of TopBuild from a “buy” rating to a “hold” rating and set a $485.00 target price for the company. in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada upped their target price on shares of TopBuild from $410.00 to $433.00 and gave the stock a “sector perform” rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $466.77.

Check Out Our Latest Analysis on BLD

TopBuild Trading Up 0.3%

TopBuild stock opened at $411.27 on Friday. The firm has a 50-day moving average of $412.67 and a 200-day moving average of $433.36. TopBuild Corp. has a one year low of $293.14 and a one year high of $559.47. The company has a debt-to-equity ratio of 1.16, a current ratio of 2.00 and a quick ratio of 1.41. The company has a market cap of $11.53 billion, a price-to-earnings ratio of 23.11, a P/E/G ratio of 5.54 and a beta of 1.80.

TopBuild (NYSE:BLD – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The construction company reported $3.75 EPS for the quarter, topping analysts’ consensus estimates of $3.64 by $0.11. TopBuild had a net margin of 8.95% and a return on equity of 23.53%. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the business posted $4.63 EPS. The company’s quarterly revenue was up 17.2% on a year-over-year basis. On average, equities analysts expect that TopBuild Corp. will post 18.16 earnings per share for the current fiscal year.

TopBuild Profile

(Free Report)

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.