<div id="readability-page-1"><p>Principal Financial Group Inc. raised its position in  Eagle Materials Inc (NYSE:EXP - Free Report) by 14.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 511,372 shares of the construction company's stock after acquiring an additional 65,072 shares during the quarter. Principal Financial Group Inc. owned 1.58% of Eagle Materials worth $119,179,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Eagle Materials</strong> alerts:</span></p></div><ul><li>Eagle Materials Stock is Dipping, Results Say Not for Long</li></ul><p>A number of other hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc boosted its stake in shares of  Eagle Materials by 130.9% in the third quarter. Versant Capital Management Inc now owns 127 shares of the construction company's stock valued at $30,000 after purchasing an additional 72 shares during the period.  Hantz Financial Services Inc. lifted its holdings in  Eagle Materials by 7,750.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 157 shares of the construction company's stock worth $32,000 after buying an additional 155 shares in the last quarter.  MAI Capital Management boosted its position in  Eagle Materials by 3,060.0% in the 2nd quarter. MAI Capital Management now owns 158 shares of the construction company's stock valued at $32,000 after buying an additional 153 shares during the last quarter.  EverSource Wealth Advisors LLC boosted its position in  Eagle Materials by 102.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 172 shares of the construction company's stock valued at $35,000 after buying an additional 87 shares during the last quarter.  Finally, Caitong International Asset Management Co. Ltd grew its stake in shares of  Eagle Materials by 62.5% during the second quarter. Caitong International Asset Management Co. Ltd now owns 208 shares of the construction company's stock valued at $42,000 after acquiring an additional 80 shares in the last quarter. Hedge funds and other institutional investors own  96.07% of the company's stock. </p><h2>Analyst Upgrades and Downgrades</h2><p>Several research analysts recently commented on the company. Zacks Research upgraded Eagle Materials from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, January 1st. Truist Financial  restated a &#34;hold&#34; rating and set a $210.00 price objective (down from $280.00) on shares of Eagle Materials in a report on Friday, December 19th. Wells Fargo &amp; Company reduced their target price on Eagle Materials from $251.00 to $241.00 and set an &#34;overweight&#34; rating for the company in a research note on Thursday. Stephens  reissued an &#34;equal weight&#34; rating and set a $245.00 price target on shares of Eagle Materials in a research report on Tuesday, January 20th. Finally, Jefferies Financial Group  restated a &#34;hold&#34; rating and issued a $226.00 price target on shares of Eagle Materials in a research note on Monday, November 3rd. Two analysts have rated the stock with a Buy rating and ten have issued  a Hold rating to the stock. Based on data from MarketBeat.com, Eagle Materials currently has an average rating of &#34;Hold&#34; and a consensus price target of $232.70.</p><ul><li>Here’s Why Institutions Had Been Buying Martin Marietta Stock</li></ul><p><b>View Our Latest Stock Report on EXP</b></p><h2>Insiders Place Their Bets</h2><p>In other Eagle Materials news, Director David E. Rush bought 1,000 shares of the business's stock in a transaction on Wednesday, November 5th. The shares were purchased at an average price of $208.08 per share, with a total value of $208,080.00. Following the completion of the acquisition, the director directly owned 4,173 shares of the company's stock, valued at approximately $868,317.84. The trade was a 31.52% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.50% of the stock is currently owned by company insiders. </p><h2>Eagle Materials Price Performance</h2><ul><li>Mastering Stocks in the Dow: Insights into the DJIA</li></ul><p>Shares of NYSE EXP opened at $209.77 on Tuesday. The company has a current ratio of 4.27, a quick ratio of 2.68 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $6.59 billion, a price-to-earnings ratio of 15.88 and a beta of 1.38. Eagle Materials Inc has a twelve month low of $191.91 and a twelve month high of $262.81. The business has a 50 day simple moving average of $220.46 and a 200-day simple moving average of $224.05. </p><p>Eagle Materials (NYSE:EXP - Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The construction company reported $3.22 EPS for the quarter, missing analysts' consensus estimates of $3.32 by ($0.10). The business had revenue of $555.96 million during the quarter, compared to analyst estimates of $556.41 million. Eagle Materials had a return on equity of 28.96% and a net margin of 18.70%.The business's revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.59 EPS.  As a group, equities research analysts expect that  Eagle Materials Inc will post 14.39 earnings per share for the current year. </p><h2>Eagle Materials Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, December 15th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, December 15th. Eagle Materials's dividend payout ratio  is currently 7.57%. </p><h2>Eagle Materials Company Profile</h2> (Free Report)<p>Eagle Materials Inc <span>NYSE: EXP<span></span></span> is a Dallas, Texas–based manufacturer of building materials serving construction and heavy industry markets across the United States. The company's primary products include portland and masonry cements, gypsum wallboard, lightweight aggregate, paperboard packaging, and roofing granules. These product lines support a wide range of end uses—from residential and commercial buildings to infrastructure projects and industrial applications.  </p><p>Since its spin-off from a major homebuilding company in 2004, Eagle Materials has grown through targeted facility expansions and strategic acquisitions.</p><h2>Read More</h2><ul><li>Five stocks we like better than Eagle Materials</li><li>The day the gold market broke</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li><li>~$1.5T SpaceX IPO: Pre-IPO Opportunity</li><li>Gold’s getting scarce.</li><li>End of America Update</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVYUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVYUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Eagle Materials Right Now?</h2><p>Before you consider Eagle Materials, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eagle Materials wasn't on the list.</p><p>While Eagle Materials currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Principal Financial Group Inc. increased its stake in Eagle Materials Inc. by 14.6% in Q3, owning 511,372 shares valued at $119.18 million. Other hedge funds also raised their positions, with Versant Capital Management boosting its stake by 130.9%. Analysts have mixed ratings on Eagle Materials, with a consensus hold rating and a price target of $232.70. The stock opened at $209.77, with a market cap of $6.59 billion and a P/E ratio of 15.88. Insiders also bought shares, indicating confidence in the company.</p>

Principal Financial Group Inc. Grows Stock Position in Eagle Materials Inc $EXP