Paradiem Sells 58,221 Shares of Owens Corning, Valuation Drops by $9.3 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
0mins
Source: Fool
- Reduction Dynamics: Paradiem, LLC sold 58,221 shares of Owens Corning in Q4 2026, resulting in a valuation drop of $9,295,192, indicating a weakening of institutional support for the company.
- Stake Proportion Change: Following this sale, Owens Corning now represents only 0.96% of Paradiem's assets, reflecting a diminished significance in the portfolio that could impact market confidence in its future performance.
- Market Performance: As of January 5, 2026, Owens Corning shares were priced at $113.66, down 32.13% year-over-year, and underperformed the S&P 500 by 48.69 percentage points over the past year, highlighting competitive pressures in the building materials sector.
- Investor Attention: Although Owens Corning's stock is trading near a five-year low with a price-to-sales ratio of 0.92, the sluggish construction market and lack of severe weather events necessitate cautious evaluation of its future growth potential by investors.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy OC?" 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 OC
Wall Street analysts forecast OC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OC is 135.42 USD with a low forecast of 113.00 USD and a high forecast of 163.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
8 Buy
6 Hold
0 Sell
Moderate Buy
Current: 120.570
Low
113.00
Averages
135.42
High
163.00
Current: 120.570
Low
113.00
Averages
135.42
High
163.00
About OC
Owens Corning is a building products company. The Company's segments include Roofing, Insulation and Doors. The Company's Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, roofing components and composite lumber primarily used in residential construction. This segment also manufactures and sells glass mat and specialty veil materials used in building and construction applications. Its Insulation segment manufactures and sells thermal and acoustical batts, loose fill insulation, spray foam insulation, wet used chopped strand, foam sheathing and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated stone wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications. The Company's Doors segment manufactures and sells interior and exterior doors and door systems primarily used in residential construction.
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.
Chilly Weather Could Boost These Stocks.
- Impact of Winter Storm: A recent winter storm has led to increased demand for snow removal equipment and supplies among Americans.
- Consequences of Cold Weather: The subsequent cold temperatures have resulted in issues such as frozen pipes, damaged roofs, and power outages.
Continue Reading
Meta Partners with Corning for $6 Billion Fiber-Optic Deal
- Major Investment Agreement: Meta has committed to paying Corning up to $6 billion by 2030 for fiber-optic cables for its AI data centers, significantly enhancing Meta's competitive edge in AI infrastructure development.
- Surging Demand: Corning's optical communications revenue jumped 33% year-over-year to $1.65 billion in Q3, reflecting that AI data centers require far more fiber than traditional cloud computing, driving total sales up 14% to $4.27 billion.
- Technological Innovation: Corning's newly developed AI-specific fiber, named 'Contour', can fit twice as many strands into a standard conduit and reduce the number of connectors, thereby improving data transmission efficiency to meet the urgent needs of clients like Meta for higher computing capacity.
- Optimistic Market Outlook: Corning's CEO anticipates that hyperscalers will become its largest customers next year, as the proliferation of AI technology continues to drive fiber demand, further solidifying Corning's market position in optical communications.
Continue Reading