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James Hardie ( (AU:JHX) ) just unveiled an update.
James Hardie has disclosed a change in the shareholdings of director Gary Hendrickson, detailing movements between his direct holdings and family trusts. The filing shows a significant reallocation of ordinary shares, shifting a large portion from his personal account into structures where he or his spouse act as trustees and retain management control.
According to the notice, Hendrickson’s direct stake decreased while his indirect interests through The Hendrickson Family Trust and The Gary E. Hendrickson Trust increased. The company emphasized that these transfers, including one for no value and another for consideration between family trusts, do not alter Hendrickson’s overall beneficial ownership, implying no substantive change in his economic exposure to James Hardie shares.
The most recent analyst rating on (AU:JHX) stock is a Hold with a A$39.00 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 global building materials manufacturer best known for its fiber cement products used in exterior siding and interior construction applications. The company primarily serves residential and commercial construction markets, providing durable, low-maintenance materials to builders, contractors, and homeowners in key regions such as North America, Europe, and Asia-Pacific.
Average Trading Volume: 3,948,488
Technical Sentiment Signal: Hold
Current Market Cap: A$15.26B
Find detailed analytics on JHX stock on TipRanks’ Stock Analysis page.