Wells Fargo & Company Cuts TopBuild (NYSE:BLD) Price Target to $525.00

TopBuild (NYSE:BLD) had its target price lowered by Wells Fargo & Company from $600.00 to $525.00 in a research note released on Friday morning,Benzinga reports. The firm currently has an overweight rating on the construction company’s stock.

A number of other brokerages have also weighed in on BLD. Evercore decreased their target price on TopBuild from $449.00 to $448.00 and set an “in-line” rating for the company in a research report on Wednesday, November 5th. Weiss Ratings upgraded shares of TopBuild from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. DA Davidson restated a “buy” rating and set a $485.00 price objective on shares of TopBuild in a research report on Wednesday, December 10th. Jefferies Financial Group raised their target price on shares of TopBuild from $518.00 to $536.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Finally, Benchmark decreased their target price on shares of TopBuild from $515.00 to $500.00 and set a “buy” rating for the company in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, TopBuild currently has an average rating of “Moderate Buy” and an average price target of $439.26.

TopBuild Price Performance

Shares of NYSE BLD opened at $447.69 on Friday. The firm has a market cap of $12.60 billion, a P/E ratio of 24.46, a PEG ratio of 7.24 and a beta of 1.72. TopBuild has a twelve month low of $266.26 and a twelve month high of $559.47. The company has a quick ratio of 1.34, a current ratio of 1.94 and a debt-to-equity ratio of 1.21. The company has a 50 day moving average of $479.99 and a 200 day moving average of $444.42.

TopBuild (NYSE:BLD) last posted its earnings results on Thursday, February 26th. The construction company reported $4.50 EPS for the quarter, topping analysts’ consensus estimates of $4.39 by $0.11. TopBuild had a return on equity of 25.66% and a net margin of 9.65%.The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter last year, the company earned $5.13 EPS. The company’s quarterly revenue was up 13.2% compared to the same quarter last year. As a group, research analysts expect that TopBuild will post 20.97 EPS for the current fiscal year.

Institutional Investors Weigh In On TopBuild

Hedge funds and other institutional investors have recently modified their holdings of the stock. Core Wealth Advisors LLC bought a new position in TopBuild in the 4th quarter worth $26,000. Advisory Services Network LLC purchased a new stake in TopBuild in the third quarter worth about $27,000. Parallel Advisors LLC raised its stake in shares of TopBuild by 50.0% in the fourth quarter. Parallel Advisors LLC now owns 75 shares of the construction company’s stock worth $31,000 after buying an additional 25 shares during the period. Global Retirement Partners LLC raised its stake in shares of TopBuild by 310.5% in the fourth quarter. Global Retirement Partners LLC now owns 78 shares of the construction company’s stock worth $33,000 after buying an additional 59 shares during the period. Finally, Root Financial Partners LLC purchased a new position in shares of TopBuild during the 3rd quarter valued at about $34,000. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

TopBuild News Roundup

Here are the key news stories impacting TopBuild this week:

• Positive Sentiment: Wells Fargo cut its price target from $600 to $525 but kept an Overweight rating, leaving material upside vs. the current price — shows continued analyst conviction despite the reset. Benzinga
• Positive Sentiment: Benchmark trimmed its target from $515 to $500 but maintained a Buy — another buy-side vote that implies double-digit upside from current levels. Benzinga
• Positive Sentiment: TopBuild returned $434.2M to shareholders via share repurchases in 2025 and has substantial remaining buyback capacity (~$753.9M), supporting EPS and signaling management confidence. TopBuild Q4 press release
• Positive Sentiment: Institutional buying: Aster Capital disclosed a new ~ $598k position in BLD, indicating some funds are adding exposure after the results. Aster Capital buys BLD
• Neutral Sentiment: RBC bumped its target modestly from $410 to $433 and left a Sector Perform rating — a mixed signal (slightly higher target but no upgrade). Benzinga
• Neutral Sentiment: Q4 results: revenue (~$1.49B) roughly in line with expectations and EPS of $4.50 beat consensus by $0.11, but EPS and net income were down versus a year ago — topline growth was acquisition-driven. Yahoo Finance: Q4 results
• Negative Sentiment: Profitability compression: reported operating and net margins declined (YoY net income and EPS down), driven by SG&A increases, acquisition-related costs and inventory step-ups that weighed on Specialty Distribution margins. Those margin hits are a key reason sentiment turned negative despite revenue growth. TopBuild Q4 press release
• Negative Sentiment: Higher leverage and interest costs: long-term debt rose materially after 2025 acquisitions and interest expense increased, raising financial risk and weighing on adjusted earnings expectations. This is amplifying investor caution. TopBuild Q4 press release
• Negative Sentiment: Insider selling: recent insider share sales (including by the CEO) have been reported, which can add to near-term downward pressure on the stock. Quiver / summary

TopBuild Company Profile

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.