--- title: "Empowered Funds LLC Has $5.96 Million Holdings in BlueLinx Holdings Inc. $BXC" type: "News" locale: "en" url: "https://longbridge.com/en/news/296070519.md" description: "Empowered Funds LLC increased its stake in BlueLinx Holdings Inc. (BXC) by 42.7% in Q1, holding $5.96 million worth of shares. Other institutions like Tower Research Capital and Comerica Bank also boosted their positions. Analyst ratings vary: Weiss maintains a 'sell', while DA Davidson, Benchmark, and Wall Street Zen upgraded to 'neutral' or 'buy'. The consensus rating is 'Hold' with an average price target of $83.50. BlueLinx recently reported strong quarterly earnings, beating estimates." datetime: "2026-08-17T07:36:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296070519.md) - [en](https://longbridge.com/en/news/296070519.md) - [zh-HK](https://longbridge.com/zh-HK/news/296070519.md) generator: "portal-rs" --- # Empowered Funds LLC Has $5.96 Million Holdings in BlueLinx Holdings Inc. $BXC Empowered Funds LLC boosted its stake in BlueLinx Holdings Inc. (NYSE:BXC - Free Report) by 42.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,018 shares of the construction company's stock after purchasing an additional 32,943 shares during the quarter. Empowered Funds LLC owned about 1.41% of BlueLinx worth $5,961,000 as of its most recent SEC filing. - Hidden Gems: 3 Quiet Stocks With Loud Potential Several other hedge funds have also recently added to or reduced their stakes in BXC. Summit Securities Group LLC acquired a new position in shares of BlueLinx during the 4th quarter worth about $31,000. Tower Research Capital LLC TRC boosted its stake in BlueLinx by 114.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 792 shares of the construction company's stock worth $59,000 after acquiring an additional 422 shares during the last quarter. State of Wyoming boosted its stake in BlueLinx by 19.5% during the 4th quarter. State of Wyoming now owns 1,456 shares of the construction company's stock worth $89,000 after acquiring an additional 238 shares during the last quarter. Comerica Bank grew its holdings in BlueLinx by 5,468.2% during the third quarter. Comerica Bank now owns 1,225 shares of the construction company's stock valued at $90,000 after purchasing an additional 1,203 shares during the period. Finally, Inceptionr LLC acquired a new position in BlueLinx during the third quarter valued at approximately $230,000. Institutional investors and hedge funds own 90.83% of the company's stock. ## Wall Street Analyst Weigh In Several equities research analysts have commented on the stock. Weiss Ratings reaffirmed a "sell (d)" rating on shares of BlueLinx in a research note on Wednesday, May 20th. DA Davidson lifted their price target on shares of BlueLinx from $65.00 to $84.00 and gave the stock a "neutral" rating in a research report on Thursday, August 6th. Benchmark boosted their price target on shares of BlueLinx from $75.00 to $83.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of BlueLinx from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $83.50. - Blackstone NYSE: BX Stock a Buy After an Impressive Q3 **View Our Latest Stock Report on BlueLinx** ## BlueLinx Trading Down 0.1% NYSE BXC opened at $86.46 on Monday. The stock has a market capitalization of $679.58 million, a price-to-earnings ratio of -345.83 and a beta of 1.45. The stock's 50 day moving average price is $61.75 and its two-hundred day moving average price is $59.57. The company has a debt-to-equity ratio of 0.95, a quick ratio of 2.59 and a current ratio of 4.01. BlueLinx Holdings Inc. has a 52 week low of $44.78 and a 52 week high of $93.80. BlueLinx (NYSE:BXC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The construction company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.85. BlueLinx had a negative net margin of 0.06% and a positive return on equity of 0.13%. The company had revenue of $814.08 million during the quarter, compared to analysts' expectations of $793.72 million. ## About BlueLinx (Free Report) BlueLinx Corporation is a leading distributor of building products in the United States, serving professional builders, contractors and industrial customers. The company offers a comprehensive portfolio that includes lumber, engineered wood products, plywood, oriented strand board, siding, railing, millwork and specialty construction materials. Through its nationwide network of distribution centers, BlueLinx provides inventory management, delivery and supply-chain solutions designed to help customers streamline operations and reduce carrying costs. Founded in 2004 as a spin-off from Georgia-Pacific's distribution business, BlueLinx has developed a broad product line that spans both residential and commercial construction markets. ## See Also - Five stocks we like better than BlueLinx - The Metals Company’s Big Bet Now Comes Down to a License - OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings - Meta and Tesla Are Rebounding From Oversold Levels—Now What? - AMG’s Alternatives Boom Powers Record Growth *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.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in BlueLinx Right Now? Before you consider BlueLinx, you'll want to hear this. 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 BlueLinx wasn't on the list. While BlueLinx currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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