Advantage Alpha Capital Partners LP Has $3.67 Million Stock Holdings in TopBuild Corp. $BLD

Advantage Alpha Capital Partners LP trimmed its stake in shares of TopBuild Corp. (NYSE:BLD) by 31.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,348 shares of the construction company’s stock after selling 5,208 shares during the quarter. Advantage Alpha Capital Partners LP’s holdings in TopBuild were worth $3,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. MAI Capital Management raised its holdings in TopBuild by 28.3% during the 2nd quarter. MAI Capital Management now owns 118 shares of the construction company’s stock worth $38,000 after purchasing an additional 26 shares during the last quarter. Secure Asset Management LLC increased its position in shares of TopBuild by 1.3% during the second quarter. Secure Asset Management LLC now owns 2,169 shares of the construction company’s stock worth $702,000 after buying an additional 27 shares during the period. UMB Bank n.a. increased its position in shares of TopBuild by 8.0% during the second quarter. UMB Bank n.a. now owns 364 shares of the construction company’s stock worth $118,000 after buying an additional 27 shares during the period. Franklin Resources Inc. raised its stake in TopBuild by 2.0% during the second quarter. Franklin Resources Inc. now owns 1,713 shares of the construction company’s stock worth $555,000 after buying an additional 34 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in TopBuild by 3.3% in the second quarter. Kingswood Wealth Advisors LLC now owns 1,111 shares of the construction company’s stock valued at $360,000 after buying an additional 36 shares during the period. 95.67% of the stock is currently owned by institutional investors.

TopBuild Stock Up 2.0%

BLD stock opened at $456.32 on Friday. The stock’s 50 day simple moving average is $422.02 and its 200 day simple moving average is $382.20. The company has a market cap of $12.81 billion, a P/E ratio of 23.16, a price-to-earnings-growth ratio of 7.59 and a beta of 1.64. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.45 and a current ratio of 2.90. TopBuild Corp. has a fifty-two week low of $266.26 and a fifty-two week high of $461.49.

TopBuild (NYSE:BLD) last released its quarterly earnings data on Tuesday, November 4th. The construction company reported $5.36 EPS for the quarter, beating the consensus estimate of $5.22 by $0.14. TopBuild had a return on equity of 27.10% and a net margin of 10.84%.The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the company posted $5.68 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. TopBuild has set its FY 2025 guidance at EPS. On average, research analysts expect that TopBuild Corp. will post 20.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on BLD shares. Vertical Research initiated coverage on TopBuild in a report on Tuesday, October 21st. They set a “buy” rating and a $517.96 price target for the company. Weiss Ratings restated a “hold (c+)” rating on shares of TopBuild in a research report on Wednesday, October 8th. Royal Bank Of Canada started coverage on TopBuild in a report on Thursday, November 20th. They issued a “sector perform” rating and a $410.00 target price for the company. Seaport Res Ptn raised TopBuild from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 6th. Finally, The Goldman Sachs Group raised their price objective on shares of TopBuild from $450.00 to $510.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $430.00.

TopBuild Company Profile

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.