James Hardie ( (JHX) ) has provided an update.
On April 17, 2025, James Hardie Industries received a substantial holding notice indicating that BlackRock, Inc.’s total holdings and voting rights in the company have exceeded 6%. This change in substantial holding reflects BlackRock’s increased influence within the company, potentially impacting future corporate decisions and shareholder dynamics.
Spark’s Take on JHX Stock
According to Spark, TipRanks’ AI Analyst, JHX is a Neutral.
James Hardie’s strong financial performance and positive earnings call provide a solid foundation for investor confidence. However, the current bearish technical trend and lack of dividend yield present challenges. The company’s resilience amid macroeconomic pressures and strategic growth initiatives are key strengths, while the current market conditions suggest cautious optimism.
To see Spark’s full report on JHX stock, click here.
More about James Hardie
James Hardie Industries plc is a company operating in the building materials industry, primarily known for its production of fiber cement products. The company is headquartered in Dublin, Ireland, and focuses on markets including residential and commercial construction.
YTD Price Performance: -20.25%
Average Trading Volume: 1,680,374
Technical Sentiment Signal: Buy
Current Market Cap: $10B
See more data about JHX stock on TipRanks’ Stock Analysis page.