L1 Capital International Sells 85,000 Shares of Eagle Materials Valued at $19.1 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2025
0mins
Source: NASDAQ.COM
L1 Capital's Stake Sale: L1 Capital International sold its entire stake of 84,795 shares in Eagle Materials for $19.1 million, which previously represented 4.7% of the fund's assets under management.
Eagle Materials' Stock Performance: The stock of Eagle Materials has declined over 30% in the past year, significantly underperforming the S&P 500, primarily due to a soft housing and construction market.
Financial Challenges: Eagle Materials has faced revenue growth challenges, with a decline in wallboard volumes and missed earnings estimates, attributed to reduced demand in the residential construction sector.
Potential for Recovery: Despite current uncertainties, Eagle Materials' non-residential segments are growing, and the stock may be a good long-term investment if housing market conditions improve in the future.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy EXP?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on EXP
Wall Street analysts forecast EXP stock price to fall
7 Analyst Rating
1 Buy
6 Hold
0 Sell
Hold
Current: 232.670
Low
210.00
Averages
231.29
High
251.00
Current: 232.670
Low
210.00
Averages
231.29
High
251.00
About EXP
Eagle Materials Inc. is a manufacturer of heavy construction materials and light building materials in the United States. Its primary products are Portland Cement and Gypsum Wallboard, which are used in building, expanding and repairing roads, highways and residential, commercial and industrial structures. Its segments include Cement; Concrete and Aggregates segments; Gypsum Wallboard, and Recycled Paperboard. Its business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments; and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. It manufactures and sells its products through a network of approximately 70 facilities spanning 21 states. It operates approximately eight cement plants, two slag grinding facilities and 30 cement distribution terminals. It operates over 25 ready-mix concrete batch plants, seven aggregate processing plants, five gypsum wallboard plants and a recycled paperboard mill.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Black Creek Investment Management Acquires Shares in Eagle Materials
- Share Acquisition: Black Creek Investment Management acquired 502,120 shares of Eagle Materials in Q4 2026, with an estimated trade value of $103.78 million, reflecting strong confidence in the company's prospects.
- Financial Performance: Eagle Materials reported $556 million in quarterly revenue and $3.22 in diluted EPS for its fiscal third quarter, with cement and organic aggregates volumes increasing by 9% and 34% respectively, despite a 14% decline in gypsum wallboard volumes, indicating robust infrastructure demand.
- Capital Allocation: The company repurchased approximately 648,000 shares for $142.6 million during the quarter, reinforcing consistent capital allocation and demonstrating resilience amid market fluctuations.
- Market Performance: Although shares have declined by 5.1% over the past year, Eagle Materials' operating metrics remain strong, highlighting its long-term value potential driven by infrastructure spending and disciplined leverage management.
See More
Black Creek Acquires New Stake in Eagle Materials
- New Investment Disclosure: Black Creek Investment Management Inc. disclosed a new position in Eagle Materials, acquiring 502,120 shares in Q4 2025 with an estimated trade value of $103.78 million, indicating confidence in the construction materials sector.
- Asset Allocation Proportion: This acquisition accounts for 5.1% of Black Creek's 13F reportable assets, highlighting its significance in the investment portfolio, even as the overall holdings remain led by companies like Elanco.
- Financial Performance Highlights: Eagle Materials reported quarterly revenue of $556 million and diluted EPS of $3.22, with heavy materials tied to infrastructure showing a 9% volume increase year-over-year, despite a 14% decline in gypsum wallboard sales, demonstrating business resilience.
- Share Buyback Strategy: The company repurchased approximately 648,000 shares for $142.6 million in the quarter, reflecting consistency in capital allocation and commitment to shareholder value, even as shares have declined by 5.1% over the past year.
See More
Black Creek Investment Management Acquires Eagle Materials Shares
- New Investment Position: Black Creek Investment Management established a new position in Eagle Materials by acquiring 502,120 shares in Q4 2025, with an estimated trade value of $103.78 million, indicating confidence in the construction materials sector amid a potential infrastructure spending rebound.
- Asset Allocation Significance: This new position accounts for 5.1% of Black Creek's reportable assets in its 13F filing, ranking among its top five holdings, which underscores the firm's strategic focus on this stock.
- Strong Financial Performance: Eagle Materials reported $556 million in quarterly revenue and $3.22 in diluted EPS for its latest fiscal quarter, with cement volumes rising 9% year-over-year, demonstrating resilience despite softness in the residential market.
- Share Buyback Strategy: The company repurchased approximately 648,000 shares for $142.6 million in the quarter, reinforcing consistent capital allocation and reflecting management's confidence in future growth prospects.
See More
Eagle Materials EXP Q3 2025 Earnings Transcript
See More
Eagle Materials Reports Strong Q3 2026 Earnings Amid Mixed Market Conditions
- Solid Financial Performance: Eagle Materials reported $556 million in revenue and $3.22 earnings per share for Q3 2026, reflecting resilience despite a slight decline from the previous year amid mixed construction conditions.
- Capital Expenditure Plans: Management expects total capital spending for fiscal 2026 to range between $430 million and $450 million, primarily for the modernization and expansion of the Laramie, Wyoming Cement plant and Duke, Oklahoma Wallboard plant, indicating a commitment to future growth.
- Waste-to-Revenue Strategy: CEO Haack emphasized several initiatives aimed at converting waste streams into revenue streams, further solidifying the company's position as a low-cost producer, which is expected to enhance overall profitability.
- Shareholder Returns: In Q3, Eagle Materials returned nearly $150 million to shareholders through dividends and share repurchases, buying back approximately 648,000 shares, demonstrating the company's commitment to shareholder value.
See More
Eagle Materials Q3 Earnings Beat Expectations Despite EPS Miss
- Revenue Performance: Eagle Materials reported Q3 revenue of $556 million, a slight decline of 0.4% year-over-year, yet it exceeded market expectations by $1.1 million, indicating resilience in a competitive market environment.
- Earnings Per Share: The GAAP EPS of $3.22 fell short of expectations by $0.18, reflecting the impact of cost pressures on profitability despite the revenue beat.
- Net Earnings and Adjusted EBITDA: Net earnings stood at $102.9 million with adjusted EBITDA at $190.1 million, demonstrating the company's efforts in cost control and operational efficiency, even amidst revenue challenges.
- Share Repurchase: The company repurchased approximately 648,000 shares of its common stock for $142.6 million, showcasing management's confidence in the long-term value of the company while potentially providing additional returns to shareholders.
See More
Black Creek Investment Management Acquires Shares in Eagle Materials
- Share Acquisition: Black Creek Investment Management acquired 502,120 shares of Eagle Materials in Q4 2026, with an estimated trade value of $103.78 million, reflecting strong confidence in the company's prospects.
- Financial Performance: Eagle Materials reported $556 million in quarterly revenue and $3.22 in diluted EPS for its fiscal third quarter, with cement and organic aggregates volumes increasing by 9% and 34% respectively, despite a 14% decline in gypsum wallboard volumes, indicating robust infrastructure demand.
- Capital Allocation: The company repurchased approximately 648,000 shares for $142.6 million during the quarter, reinforcing consistent capital allocation and demonstrating resilience amid market fluctuations.
- Market Performance: Although shares have declined by 5.1% over the past year, Eagle Materials' operating metrics remain strong, highlighting its long-term value potential driven by infrastructure spending and disciplined leverage management.
See More
Black Creek Acquires New Stake in Eagle Materials
- New Investment Disclosure: Black Creek Investment Management Inc. disclosed a new position in Eagle Materials, acquiring 502,120 shares in Q4 2025 with an estimated trade value of $103.78 million, indicating confidence in the construction materials sector.
- Asset Allocation Proportion: This acquisition accounts for 5.1% of Black Creek's 13F reportable assets, highlighting its significance in the investment portfolio, even as the overall holdings remain led by companies like Elanco.
- Financial Performance Highlights: Eagle Materials reported quarterly revenue of $556 million and diluted EPS of $3.22, with heavy materials tied to infrastructure showing a 9% volume increase year-over-year, despite a 14% decline in gypsum wallboard sales, demonstrating business resilience.
- Share Buyback Strategy: The company repurchased approximately 648,000 shares for $142.6 million in the quarter, reflecting consistency in capital allocation and commitment to shareholder value, even as shares have declined by 5.1% over the past year.
See More
Black Creek Investment Management Acquires Eagle Materials Shares
- New Investment Position: Black Creek Investment Management established a new position in Eagle Materials by acquiring 502,120 shares in Q4 2025, with an estimated trade value of $103.78 million, indicating confidence in the construction materials sector amid a potential infrastructure spending rebound.
- Asset Allocation Significance: This new position accounts for 5.1% of Black Creek's reportable assets in its 13F filing, ranking among its top five holdings, which underscores the firm's strategic focus on this stock.
- Strong Financial Performance: Eagle Materials reported $556 million in quarterly revenue and $3.22 in diluted EPS for its latest fiscal quarter, with cement volumes rising 9% year-over-year, demonstrating resilience despite softness in the residential market.
- Share Buyback Strategy: The company repurchased approximately 648,000 shares for $142.6 million in the quarter, reinforcing consistent capital allocation and reflecting management's confidence in future growth prospects.
See More
Eagle Materials EXP Q3 2025 Earnings Transcript
See More
Eagle Materials Reports Strong Q3 2026 Earnings Amid Mixed Market Conditions
- Solid Financial Performance: Eagle Materials reported $556 million in revenue and $3.22 earnings per share for Q3 2026, reflecting resilience despite a slight decline from the previous year amid mixed construction conditions.
- Capital Expenditure Plans: Management expects total capital spending for fiscal 2026 to range between $430 million and $450 million, primarily for the modernization and expansion of the Laramie, Wyoming Cement plant and Duke, Oklahoma Wallboard plant, indicating a commitment to future growth.
- Waste-to-Revenue Strategy: CEO Haack emphasized several initiatives aimed at converting waste streams into revenue streams, further solidifying the company's position as a low-cost producer, which is expected to enhance overall profitability.
- Shareholder Returns: In Q3, Eagle Materials returned nearly $150 million to shareholders through dividends and share repurchases, buying back approximately 648,000 shares, demonstrating the company's commitment to shareholder value.
See More
Eagle Materials Q3 Earnings Beat Expectations Despite EPS Miss
- Revenue Performance: Eagle Materials reported Q3 revenue of $556 million, a slight decline of 0.4% year-over-year, yet it exceeded market expectations by $1.1 million, indicating resilience in a competitive market environment.
- Earnings Per Share: The GAAP EPS of $3.22 fell short of expectations by $0.18, reflecting the impact of cost pressures on profitability despite the revenue beat.
- Net Earnings and Adjusted EBITDA: Net earnings stood at $102.9 million with adjusted EBITDA at $190.1 million, demonstrating the company's efforts in cost control and operational efficiency, even amidst revenue challenges.
- Share Repurchase: The company repurchased approximately 648,000 shares of its common stock for $142.6 million, showcasing management's confidence in the long-term value of the company while potentially providing additional returns to shareholders.
See More
