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James Hardie Announces Substantial Shareholding Change

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James Hardie Announces Substantial Shareholding Change

Elevate Your Investing Strategy:

James Hardie ( (AU:JHX) ) has issued an update.

James Hardie Industries has announced a substantial holding notice, revealing that Wellington Management Group LLP has increased its shareholding in the company. This acquisition, which occurred in the regular course of trading, reflects a growing interest in James Hardie’s shares, potentially impacting its market dynamics and stakeholder interests.

The most recent analyst rating on (AU:JHX) stock is a Buy with a A$55.00 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 operating in the building materials industry. It is known for manufacturing fiber cement products, which are used in various construction applications, including exterior siding and interior products. The company has a significant market presence in the USA, Australia, and other international markets.

Average Trading Volume: 3,322,879

Technical Sentiment Signal: Hold

Current Market Cap: A$18.41B

See more insights into JHX stock on TipRanks’ Stock Analysis page.

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