Eagle Materials (EXP) reported fiscal first-quarter 2027 revenue of $651.0 million for the quarter ended June 30, 2026, up 3% from the prior-year quarter. Net earnings were $102.1 million, down 17%, and diluted net earnings per share were $3.29, down 13%.
The company said cement sales volume rose 8% to a record 2.1 million tons, while gypsum wallboard sales volume declined 2% to 772 million square feet. Eagle Materials also reported $154 million in operating cash flow and repurchased 406,500 shares for about $84 million during the quarter.
- Revenue was $650.966 million, compared with $634.690 million a year earlier.
- Net earnings were $102.127 million, compared with $123.362 million a year earlier.
- Basic EPS was $3.30 and diluted EPS was $3.29.
- Heavy Materials revenue increased 8% to $454.1 million, while Light Materials revenue decreased 5% to $238.2 million.
- Adjusted EBITDA was $190.5 million, down 11%.
- The company ended the quarter with debt of $1.8 billion and net debt of $1.5 billion.
$EXP Hedge Fund Activity
We have seen 198 institutional investors add shares of $EXP stock to their portfolio, and 218 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALLIANCEBERNSTEIN L.P. added 790,221 shares (+247.5%) to their portfolio in Q1 2026, for an estimated $149,707,368
- LONDON & CAPITAL ASSET MANAGEMENT LTD added 532,998 shares (+inf%) to their portfolio in Q1 2026, for an estimated $100,976,471
- BAUPOST GROUP LLC/MA removed 292,485 shares (-24.7%) from their portfolio in Q1 2026, for an estimated $55,411,283
- VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. removed 281,600 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $63,360,000
- BLACK CREEK INVESTMENT MANAGEMENT INC. added 275,426 shares (+54.9%) to their portfolio in Q1 2026, for an estimated $52,179,455
- LPL FINANCIAL LLC added 220,476 shares (+1782.3%) to their portfolio in Q1 2026, for an estimated $41,769,178
- ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 209,234 shares (-34.8%) from their portfolio in Q1 2026, for an estimated $39,639,381
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
