Bastion Asset Management Inc. Cuts Stock Holdings in Eagle Materials Inc $EXP

Bastion Asset Management Inc. cut its stake in Eagle Materials Inc (NYSE:EXP) by 40.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,350 shares of the construction company’s stock after selling 11,299 shares during the quarter. Eagle Materials comprises about 1.9% of Bastion Asset Management Inc.’s portfolio, making the stock its 21st biggest position. Bastion Asset Management Inc.’s holdings in Eagle Materials were worth $3,374,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. grew its position in shares of Eagle Materials by 14.6% in the 3rd quarter. Principal Financial Group Inc. now owns 511,372 shares of the construction company’s stock worth $119,179,000 after buying an additional 65,072 shares during the last quarter. Bank of New York Mellon Corp grew its position 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 purchasing an additional 189,725 shares during the last quarter. Lighthouse Investment Partners LLC grew its position 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 purchasing an additional 30,250 shares during the last quarter. Cambiar Investors LLC purchased a new stake in Eagle Materials during the 4th quarter worth approximately $1,321,000. Finally, Madison Asset Management LLC purchased a new stake in Eagle Materials during the 3rd quarter worth approximately $1,976,000. 96.07% of the stock is owned by institutional investors.

Eagle Materials Stock Performance

EXP opened at $199.79 on Wednesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 4.27 and a quick ratio of 2.68. The firm has a fifty day moving average price of $195.99 and a 200 day moving average price of $210.77. Eagle Materials Inc has a 1 year low of $171.99 and a 1 year high of $243.64. The stock has a market cap of $6.28 billion, a P/E ratio of 15.12 and a beta of 1.38.

Eagle Materials (NYSE:EXP) last posted its earnings results on Tuesday, May 19th. The construction company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.32. Eagle Materials had a net margin of 18.70% and a return on equity of 28.96%. The firm had revenue of $479.11 million during the quarter, compared to analysts’ expectations of $451.99 million. During the same period in the previous year, the business posted $2.00 EPS. The business’s revenue was up 1.9% compared to the same quarter last year. Equities research analysts anticipate that Eagle Materials Inc will post 12.72 earnings per share for the current year.

Eagle Materials News Summary

Here are the key news stories impacting Eagle Materials this week:

• Positive Sentiment: Eagle Materials delivered a quarterly earnings and revenue beat, which is the main driver behind the stock’s strength. Eagle Materials shares rise after fourth-quarter earnings top forecasts (EXP)
• Positive Sentiment: The company said cement demand helped offset weakness in housing, suggesting the core construction materials business remains resilient. Eagle Materials tops estimates as cement demand offsets housing weakness
• Positive Sentiment: Management outlined a large fiscal 2027 capital spending plan of roughly $490 million-$525 million, including Mountain Cement commissioning beginning in late 2026, signaling continued investment in future growth. Eagle Materials outlines $490M-$525M fiscal 2027 capex plan as Mountain Cement commissioning begins in late 2026
• Neutral Sentiment: Full-year fiscal 2026 revenue reached a record $2.3 billion, but net earnings fell 9% year over year, highlighting a mix of strength in sales and pressure on profitability. Eagle Materials Announces Fourth Quarter and Fiscal Year 2026 Results

Analysts Set New Price Targets

EXP has been the topic of several research analyst reports. Wells Fargo & Company boosted their target price on shares of Eagle Materials from $240.00 to $246.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Citigroup dropped their target price on shares of Eagle Materials from $232.00 to $224.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 3rd. Wall Street Zen upgraded shares of Eagle Materials from a “sell” rating to a “hold” rating in a research note on Saturday. Stephens restated an “equal weight” rating and set a $245.00 price objective on shares of Eagle Materials in a research note on Tuesday, January 20th. Finally, DA Davidson decreased their price objective on shares of Eagle Materials from $225.00 to $210.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $228.82.

About Eagle Materials

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.