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An announcement from James Hardie ( (AU:JHX) ) is now available.
James Hardie Industries has announced a substantial holding notice following the acquisition of shares by Wellington Management Group LLP. This acquisition, which occurred in the regular course of trading, increased Wellington’s interest from 12,653,354 to 14,183,758 depository receipts. The announcement reflects a significant change in shareholding, potentially impacting the company’s market dynamics and stakeholder interests.
The most recent analyst rating on (AU:JHX) stock is a Buy with a A$66.60 price target. To see the full list of analyst forecasts on James Hardie stock, see the AU:JHX Stock Forecast page.
More about James Hardie
James Hardie Industries plc is a company incorporated in Ireland, primarily involved in the building materials industry. It is known for producing fiber cement products and systems for internal and external building construction applications, with a market focus on providing durable and sustainable building solutions.
Average Trading Volume: 3,388,349
Technical Sentiment Signal: Sell
Current Market Cap: A$17.53B
See more insights into JHX stock on TipRanks’ Stock Analysis page.