JHX
LONGINSIDER BUYJAMES HARDIE INDS PLC
Research: Finviz ↗·Perplexity ↗
🗄 Viewing archived Q1 2026 data — frozen, no longer refreshed.
News Summary
PositiveJames Hardie delivered a strong Q1 FY27 beat (EPS $0.36 vs. $0.32 consensus, revenue $1.48B vs. $1.42B) with raised full-year EBITDA guidance to $1,536–$1,625M, driven by organic growth return in fiber cement and accelerating AZEK synergies ($80M realized, $35–40M incremental expected in FY27). However, organic sales declined 2% in FY26 and the company faces material litigation from AZEK shareholders alleging misstatements regarding operational strength and inventory destocking, plus elevated debt of $4.57B with two-year deleveraging targets dependent on sustained execution.
Red flags
- •Securities class actions filed by AZEK shareholders in Illinois and New York alleging material misstatements in acquisition disclosures regarding operations and customer destocking
- •Organic sales declined 2% in FY26 and organic growth in Q4 FY26 fell 1%, indicating underlying demand weakness despite AZEK acquisition boost
- •High leverage at $4.57B debt; two-year target to reduce net leverage below 2x EBITDA introduces execution risk and macro sensitivity
- •Reliance on variable-rate debt facilities with partial hedging ($1B swap maturing June 2028) creates refinancing and interest rate exposure
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | % of Fund | QoQ | Status |
|---|---|---|---|---|---|---|---|
| D1 Capital | Dan Sundheim | 28.3M | +3.9M | $536M | 4.8% | +16% | Existing |
| Point72 | Steve Cohen | 6.3M | +6.3M | $119M | 0.2% | — | NEW |
| Maverick Capital | Lee Ainslie | 36K | +36K | $1M | <0.1% | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.
Portfolio Context
Where JHX ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.
position #3 of this fund's book
- 1MAPLEBEAR INC$845M
- 2MERCADOLIBRE INC$646M
- 3JAMES HARDIE INDS PLC$536M
- 4DANAHER CORP DEL$437M
- 5FLOWSERVE CORP$432M
- 6US FOODS HLDG CORP$395M
Values are quarter-end position sizes. Shown only for funds where JHX ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed | Src |
|---|---|---|---|---|---|---|---|
| Rowland Suzanne B | — | BUY | 3K | $22.91 | $0.07M | 2026-06-02 | ↗ |