Advantage Alpha Capital Partners LP Buys 1,241 Shares of TopBuild Corp. $BLD

Key Points

• Advantage Alpha Capital Partners LP increased its holdings in TopBuild Corp. by 8.1%, acquiring an additional 1,241 shares, now totaling 16,556 shares which represents about 1.2% of their portfolio.
• TopBuild reported earnings per share (EPS) of $5.31 for the quarter, surpassing analysts' expectations, despite a 5.0% decline in revenue compared to last year.
• Equities analysts have varied outlooks on TopBuild, with one analyst awarding a Strong Buy rating and others giving a consensus price target of $394.67, indicating a "Moderate Buy" sentiment.

Advantage Alpha Capital Partners LP boosted its position in TopBuild Corp. (NYSE:BLD - Free Report) by 8.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,556 shares of the construction company's stock after purchasing an additional 1,241 shares during the period. TopBuild comprises 1.2% of Advantage Alpha Capital Partners LP's portfolio, making the stock its 29th biggest holding. Advantage Alpha Capital Partners LP owned about 0.06% of TopBuild worth $5,049,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of BLD. Raymond James Financial Inc. purchased a new position in TopBuild in the fourth quarter worth about $6,410,000. First Trust Advisors LP boosted its position in TopBuild by 24.9% in the fourth quarter. First Trust Advisors LP now owns 51,390 shares of the construction company's stock worth $16,000,000 after purchasing an additional 10,237 shares during the last quarter. MetLife Investment Management LLC boosted its position in TopBuild by 6.4% in the fourth quarter. MetLife Investment Management LLC now owns 16,649 shares of the construction company's stock worth $5,184,000 after purchasing an additional 1,006 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in TopBuild by 26.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,695 shares of the construction company's stock worth $839,000 after purchasing an additional 564 shares during the last quarter. Finally, Pinebridge Investments L.P. boosted its position in TopBuild by 65.1% in the fourth quarter. Pinebridge Investments L.P. now owns 15,745 shares of the construction company's stock worth $4,902,000 after purchasing an additional 6,209 shares during the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

TopBuild Price Performance

BLD traded up $18.5770 on Friday, hitting $434.6670. 306,131 shares of the company's stock traded hands, compared to its average volume of 417,067. The company's 50 day simple moving average is $371.48 and its 200-day simple moving average is $324.64. The firm has a market cap of $12.23 billion, a price-to-earnings ratio of 21.40, a P/E/G ratio of 5.81 and a beta of 1.63. TopBuild Corp. has a one year low of $266.26 and a one year high of $445.74. The company has a current ratio of 2.83, a quick ratio of 2.29 and a debt-to-equity ratio of 0.86.

TopBuild (NYSE:BLD - Get Free Report) last issued its earnings results on Tuesday, August 5th. The construction company reported $5.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.07 by $0.24. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.30 billion. TopBuild had a return on equity of 28.32% and a net margin of 11.40%.The firm's quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the company earned $5.42 EPS. TopBuild has set its FY 2025 guidance at EPS. As a group, research analysts anticipate that TopBuild Corp. will post 20.97 EPS for the current year.

Insiders Place Their Bets

In other TopBuild news, insider Jeff M. Krestancic sold 373 shares of TopBuild stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $415.00, for a total value of $154,795.00. Following the sale, the insider owned 4,934 shares of the company's stock, valued at $2,047,610. The trade was a 7.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Robert M. Buck sold 7,350 shares of TopBuild stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $415.19, for a total value of $3,051,646.50. Following the completion of the sale, the chief executive officer directly owned 73,225 shares in the company, valued at approximately $30,402,287.75. The trade was a 9.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,313 shares of company stock worth $5,118,903 over the last quarter. Company insiders own 0.43% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. JPMorgan Chase & Co. raised their price objective on TopBuild from $344.00 to $398.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. UBS Group set a $370.00 price objective on TopBuild and gave the stock a "hold" rating in a research note on Tuesday, August 5th. Stephens decreased their price objective on TopBuild from $340.00 to $320.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 8th. Loop Capital raised their price objective on TopBuild from $360.00 to $400.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Finally, Evercore ISI raised their price objective on TopBuild from $347.00 to $418.00 and gave the stock an "in-line" rating in a research note on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $394.67.

About TopBuild

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.