Beaconlight Capital LLC Makes New $2.42 Million Investment in James Hardie Industries PLC. $JHX

Posted by Brian Himes on Jun 18th, 2026

Beaconlight Capital LLC bought a new stake in shares of James Hardie Industries PLC. (NYSE:JHX – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 116,640 shares of the construction company’s stock, valued at approximately $2,420,000. James Hardie Industries accounts for about 1.4% of Beaconlight Capital LLC’s portfolio, making the stock its 21st largest holding.

Other large investors also recently modified their holdings of the company. Ionic Capital Management LLC purchased a new stake in shares of James Hardie Industries during the 3rd quarter worth approximately $1,760,000. Rhumbline Advisers grew its position in shares of James Hardie Industries by 1,427.1% during the 3rd quarter. Rhumbline Advisers now owns 168,496 shares of the construction company’s stock valued at $3,237,000 after purchasing an additional 157,462 shares in the last quarter. Gilliland Jeter Wealth Management LLC purchased a new position in shares of James Hardie Industries during the 4th quarter valued at $1,038,000. Gotham Asset Management LLC purchased a new position in shares of James Hardie Industries during the 3rd quarter valued at $30,054,000. Finally, SPX Gestao de Recursos Ltda bought a new stake in shares of James Hardie Industries during the 3rd quarter worth $1,952,000. Hedge funds and other institutional investors own 7.96% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on JHX. Barclays dropped their price objective on shares of James Hardie Industries from $22.00 to $21.00 and set an “equal weight” rating for the company in a report on Thursday, May 21st. Zacks Research downgraded shares of James Hardie Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 21st. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, James Hardie Industries has a consensus rating of “Moderate Buy” and an average price target of $26.00.

View Our Latest Research Report on James Hardie Industries

James Hardie Industries Price Performance

Shares of JHX opened at $24.58 on Thursday. The stock has a market cap of $14.26 billion, a PE ratio of 111.71, a price-to-earnings-growth ratio of 13.92 and a beta of 1.80. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.03 and a current ratio of 1.58. James Hardie Industries PLC. has a fifty-two week low of $16.46 and a fifty-two week high of $29.83. The firm’s 50-day simple moving average is $21.63 and its two-hundred day simple moving average is $21.73.

James Hardie Industries (NYSE:JHX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The construction company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. James Hardie Industries had a net margin of 2.15% and a return on equity of 11.13%. The business’s revenue was up 44.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.36 earnings per share. Analysts anticipate that James Hardie Industries PLC. will post 1.24 earnings per share for the current fiscal year.

James Hardie Industries Company Profile

(Free Report)

James Hardie Industries plc (NYSE: JHX) is a global manufacturer of high-performance fiber cement building products. The company specializes in exterior cladding, trim and soffit, as well as interior backerboard solutions designed for residential and commercial construction. By combining cement, sand and cellulose fibers, James Hardie produces durable, low-maintenance materials that resist moisture, fire and termite damage, catering to builders, contractors and homeowners through a network of distributors and retail channels.

The company’s flagship products include Hardie® Plank® and Hardie® Panel® siding systems, Hardie® BackerBoard® for tile applications, and a range of architectural trim solutions.