Why James Hardie Industries (JHX) Stock Is Up Today

James Hardie Industries (JHX) is up 7.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to improving Wall Street sentiment after a fresh price-target increase and a recent positive coverage initiation, with investors also still leaning on the company’s better-than-expected fourth-quarter results and upbeat fiscal 2027 outlook. The rally could also reflect growing confidence that the AZEK integration is progressing well and can support margin expansion and stronger cash flow.

Details:

James Hardie’s latest quarterly release showed fourth-quarter adjusted EBITDA above guidance, with full-year adjusted EBITDA of $1.27 billion.

Management outlined a fiscal 2027 target for pro forma adjusted EBITDA growth of 4% to 8% and said free cash flow is expected to rise by more than $200 million year over year to more than $500 million.

The company said cost synergies from the AZEK acquisition were running ahead of schedule, and it expressed confidence in reaching both cost and commercial synergy milestones sooner than originally planned.

On the sell-side, one firm raised its target on July 8, 2026, and another firm initiated coverage in late June with an Overweight rating, giving traders a near-term reason to re-rate the shares.

Sources:

James Hardie Investor Relations, Stock Analysis, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$JHX Hedge Fund Activity

We have seen 131 institutional investors add shares of $JHX stock to their portfolio, and 138 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 20,166,220 shares (+181.9%) to their portfolio in Q1 2026, for an estimated $381,948,206
D1 CAPITAL PARTNERS L.P. added 3,897,570 shares (+16.0%) to their portfolio in Q1 2026, for an estimated $73,819,975
CITADEL ADVISORS LLC removed 2,659,683 shares (-35.0%) from their portfolio in Q1 2026, for an estimated $50,374,396
ALYESKA INVESTMENT GROUP, L.P. added 2,617,473 shares (+50.7%) to their portfolio in Q1 2026, for an estimated $49,574,938
BARCLAYS PLC added 2,556,886 shares (+807.3%) to their portfolio in Q1 2026, for an estimated $48,427,420
SCHONFELD STRATEGIC ADVISORS LLC added 2,346,396 shares (+229.3%) to their portfolio in Q1 2026, for an estimated $44,440,740
HOLOCENE ADVISORS, LP added 2,223,898 shares (+2251.0%) to their portfolio in Q1 2026, for an estimated $42,120,628

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.

$JHX Price Targets

Multiple analysts have issued price targets for $JHX recently. We have seen 3 analysts offer price targets for $JHX in the last 6 months, with a median target of $30.0.

Here are some recent targets:

James Hardie from Stephens & Co. set a target price of $31.0 on 06/26/2026
Matthew Bouley from Barclays set a target price of $21.0 on 05/21/2026
Keith Hughes from Truist Securities set a target price of $30.0 on 02/11/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.