AMG National Trust Bank Invests $1.04 Million in Owens Corning Inc $OC

Posted by Brian Himes on Jul 16th, 2026

AMG National Trust Bank bought a new stake in Owens Corning Inc (NYSE:OC – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor bought 9,620 shares of the construction company’s stock, valued at approximately $1,041,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in shares of Owens Corning by 61.7% during the first quarter. Geneos Wealth Management Inc. now owns 482 shares of the construction company’s stock valued at $69,000 after acquiring an additional 184 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Owens Corning during the second quarter valued at approximately $277,000. EverSource Wealth Advisors LLC grew its holdings in Owens Corning by 1,433.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,273 shares of the construction company’s stock worth $175,000 after buying an additional 1,190 shares in the last quarter. Cerity Partners LLC lifted its stake in Owens Corning by 294.3% during the 2nd quarter. Cerity Partners LLC now owns 17,372 shares of the construction company’s stock valued at $2,389,000 after acquiring an additional 12,966 shares in the last quarter. Finally, Bank of Nova Scotia boosted its holdings in Owens Corning by 12.2% during the 2nd quarter. Bank of Nova Scotia now owns 3,059 shares of the construction company’s stock worth $421,000 after acquiring an additional 333 shares during the last quarter. Institutional investors own 88.40% of the company’s stock.

Owens Corning Stock Performance

Shares of NYSE OC opened at $143.75 on Thursday. The stock has a market cap of $11.58 billion, a price-to-earnings ratio of -21.75, a P/E/G ratio of 2.77 and a beta of 1.30. The company has a current ratio of 1.24, a quick ratio of 0.74 and a debt-to-equity ratio of 1.27. Owens Corning Inc has a 1-year low of $97.53 and a 1-year high of $159.91. The stock’s 50-day moving average is $128.19 and its 200 day moving average is $122.06.

Owens Corning (NYSE:OC – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The construction company reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.21. The company had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.18 billion. Owens Corning had a negative net margin of 5.43% and a positive return on equity of 19.86%. The firm’s revenue was down 10.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.97 EPS. On average, sell-side analysts anticipate that Owens Corning Inc will post 9.55 EPS for the current fiscal year.

Owens Corning Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, July 20th will be given a $0.79 dividend. The ex-dividend date is Monday, July 20th. This represents a $3.16 annualized dividend and a yield of 2.2%. Owens Corning’s payout ratio is presently -47.81%.

Insider Buying and Selling at Owens Corning

In other Owens Corning news, VP Mari Doerfler sold 1,926 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $120.92, for a total transaction of $232,891.92. Following the completion of the sale, the vice president owned 3,093 shares of the company’s stock, valued at $374,005.56. This represents a 38.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Rachel Barthelemy Marcon sold 700 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $120.71, for a total value of $84,497.00. Following the completion of the sale, the insider directly owned 15,848 shares in the company, valued at $1,913,012.08. The trade was a 4.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.92% of the company’s stock.

Wall Street Analysts Forecast Growth

OC has been the subject of several analyst reports. Wells Fargo & Company increased their target price on shares of Owens Corning from $150.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday. Bank of America dropped their target price on shares of Owens Corning from $140.00 to $138.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. JPMorgan Chase & Co. increased their price target on Owens Corning from $115.00 to $121.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. The Goldman Sachs Group raised their price objective on shares of Owens Corning from $141.00 to $159.00 and gave the stock a “neutral” rating in a report on Friday, July 10th. Finally, Barclays lifted their target price on Owens Corning from $144.00 to $170.00 and gave the company an “overweight” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Owens Corning currently has an average rating of “Moderate Buy” and an average target price of $157.50.

Check Out Our Latest Analysis on OC

Owens Corning Profile

(Free Report)

Owens Corning is a global leader in composite materials and building products, with a primary focus on insulation, roofing, and fiberglass composites. The company serves professional contractors, builders and industrial manufacturers by providing solutions designed to improve energy efficiency, structural performance and durability. Its products are used in residential, commercial, and industrial applications worldwide.

The company’s core product lines include fiberglass insulation for thermal and acoustic comfort, roofing shingles and underlayment systems engineered for weather protection, and advanced composite materials for markets such as wind energy, automotive, marine and infrastructure.