Northwestern Mutual Wealth Management Co. Raises Stock Position in TopBuild Corp. $BLD

Northwestern Mutual Wealth Management Co. increased its holdings in shares of TopBuild Corp. (NYSE:BLD) by 3,781.6% in the 4th quarter, HoldingsChannel reports. The firm owned 10,558 shares of the construction company’s stock after acquiring an additional 10,286 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in TopBuild were worth $4,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in BLD. AQR Capital Management LLC raised its holdings in shares of TopBuild by 48.2% during the first quarter. AQR Capital Management LLC now owns 2,573 shares of the construction company’s stock worth $774,000 after purchasing an additional 837 shares during the last quarter. First Trust Advisors LP increased its holdings in TopBuild by 8.1% in the second quarter. First Trust Advisors LP now owns 67,835 shares of the construction company’s stock valued at $21,961,000 after buying an additional 5,093 shares in the last quarter. Marshall Wace LLP purchased a new position in TopBuild in the second quarter valued at $489,000. Federated Hermes Inc. increased its holdings in TopBuild by 10.7% in the second quarter. Federated Hermes Inc. now owns 6,759 shares of the construction company’s stock valued at $2,188,000 after buying an additional 654 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in TopBuild by 4.2% in the second quarter. Cerity Partners LLC now owns 1,722 shares of the construction company’s stock valued at $557,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Key Stories Impacting TopBuild

Here are the key news stories impacting TopBuild this week:

• Positive Sentiment: Zacks Research raised its Q4 2026 EPS estimate for TopBuild to $4.36 from $4.34, a modest increase that points to slightly better earnings expectations.
• Positive Sentiment: The firm also lifted its FY2026 EPS estimate to $18.16 from $18.09, slightly above the current consensus of $18.14, suggesting expectations remain stable to improving.
• Positive Sentiment: Longer-term outlook improved for some periods, including Q1 2028 EPS being raised to $5.18 from $5.03 and FY2027 being projected at $19.61, which may support confidence in TopBuild’s earnings trajectory.
• Neutral Sentiment: Zacks Research maintained a Hold rating on TopBuild, indicating the brokerage is not signaling a strong buy or sell thesis.
• Negative Sentiment: The analyst also reduced several estimates, including Q2 2026 EPS to $4.75 from $4.76, Q3 2026 to $5.30 from $5.37, Q1 2027 to $4.29 from $4.32, Q2 2027 to $5.12 from $5.14, Q3 2027 to $5.36 from $5.39, Q4 2027 to $4.84 from $5.02, and FY2028 to $22.05 from $22.10, which may have weighed on the stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BLD shares. Weiss Ratings cut shares of TopBuild from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 27th. Royal Bank Of Canada lifted their price objective on shares of TopBuild from $410.00 to $433.00 and gave the company a “sector perform” rating in a report on Friday, February 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $496.00 price objective (up from $487.00) on shares of TopBuild in a report on Tuesday, April 21st. UBS Group set a $440.00 price objective on shares of TopBuild in a report on Wednesday, May 6th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $437.00 price objective (down from $465.00) on shares of TopBuild in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $466.77.

TopBuild Stock Up 0.0%

Shares of NYSE BLD opened at $408.09 on Monday. The company’s 50-day simple moving average is $396.39 and its 200-day simple moving average is $434.49. TopBuild Corp. has a 52-week low of $273.87 and a 52-week high of $559.47. The firm has a market cap of $11.48 billion, a price-to-earnings ratio of 22.93, a price-to-earnings-growth ratio of 4.75 and a beta of 1.85. The company has a quick ratio of 1.41, a current ratio of 2.00 and a debt-to-equity ratio of 1.16.

TopBuild (NYSE:BLD) last announced its earnings results on Tuesday, May 5th. The construction company reported $3.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.64 by $0.11. TopBuild had a net margin of 8.95% and a return on equity of 23.53%. The business had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the business earned $4.63 earnings per share. The company’s revenue for the quarter was up 17.2% compared to the same quarter last year. Equities analysts predict that TopBuild Corp. will post 18.15 EPS for the current fiscal year.

TopBuild Company Profile

TopBuild Corp. (NYSE: BLD) is a leading installer and distributor of insulation and building material products serving primarily the U.S. construction market. Headquartered in Daytona Beach, Florida, the company was formed in 2011 as a spin-off from ABF Freight System and has since grown through a combination of organic expansion and targeted acquisitions. TopBuild’s core mission is to enhance energy efficiency and comfort in new residential and light commercial construction projects by providing comprehensive insulation solutions and related services.

The company operates through two main segments.