Aster Capital Management DIFC Ltd Takes Position in TopBuild Corp. $BLD

Aster Capital Management DIFC Ltd bought a new position in TopBuild Corp. (NYSE:BLD) in the third quarter, HoldingsChannel reports. The firm bought 1,531 shares of the construction company’s stock, valued at approximately $598,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of BLD. Inscription Capital LLC grew its holdings in TopBuild by 104.6% during the 3rd quarter. Inscription Capital LLC now owns 2,949 shares of the construction company’s stock valued at $1,153,000 after purchasing an additional 1,508 shares during the last quarter. Calamos Advisors LLC bought a new stake in TopBuild in the third quarter worth about $997,000. WCM Investment Management LLC purchased a new position in shares of TopBuild during the third quarter valued at approximately $17,734,000. Campbell & CO Investment Adviser LLC grew its stake in shares of TopBuild by 697.8% during the third quarter. Campbell & CO Investment Adviser LLC now owns 7,906 shares of the construction company’s stock valued at $3,090,000 after buying an additional 6,915 shares during the last quarter. Finally, AEGON ASSET MANAGEMENT UK Plc grew its stake in shares of TopBuild by 244.2% during the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 93,870 shares of the construction company’s stock valued at $36,698,000 after buying an additional 66,601 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Trending Headlines about TopBuild

Here are the key news stories impacting TopBuild this week:

• Positive Sentiment: Q4 results beat on the headline numbers: reported EPS $4.50 vs. consensus $4.39, and revenue of ~$1.49–1.50B (+13.2% y/y), driven largely by acquisitions. This shows top‑line growth and an EPS beat. MarketBeat: Earnings Summary
• Positive Sentiment: Management closed multiple strategic acquisitions (including SPI, Progressive Roofing, Johnson Roofing signed) that added ~ $1.2B in annualized revenue in 2025 and expand commercial/industrial exposure — management continues to prioritize M&A. GlobeNewsWire: Press Release
• Neutral Sentiment: 2026 revenue and adjusted‑EBITDA guidance: sales $5.925B–$6.225B and adj. EBITDA $1.005B–$1.155B — a range that factors in continued M&A and a mid‑single digit residential decline; guidance is roughly in line with stated assumptions but leaves room for variability. GlobeNewsWire: 2026 Outlook
• Neutral Sentiment: Management reiterated M&A and capital allocation priorities (completed share repurchases of $434M in 2025 and remaining repurchase capacity), which supports long‑term shareholder returns but also affects near‑term leverage and cash metrics. QuiverQuant: Summary
• Negative Sentiment: Profitability and cash‑flow headwinds: net income and operating margins declined y/y (Q4 net income fell and operating margin compressed), adjusted EBITDA was down modestly on a full‑year basis — investors worried margins will take time to recover as acquisitions are integrated. QuiverQuant: Profitability Notes
• Negative Sentiment: Leverage and interest expense rose materially after 2025 acquisitions (long‑term debt increased substantially and interest expense is higher), raising near‑term earnings sensitivity to rates and financial costs. GlobeNewsWire: Balance Sheet Details
• Negative Sentiment: Market reaction factors: investors appear focused on the margin declines, lower EPS vs. prior year (Q4 2024 EPS was higher) and the guidance assumptions for weaker residential activity — these items likely explain the stock moving lower today. Yahoo Finance: Why Shares Are Falling

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. DA Davidson reissued a “buy” rating and set a $485.00 price target on shares of TopBuild in a research note on Wednesday, December 10th. Weiss Ratings upgraded TopBuild from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Benchmark boosted their target price on shares of TopBuild from $444.00 to $515.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Jefferies Financial Group upped their price target on shares of TopBuild from $518.00 to $536.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Finally, Royal Bank Of Canada assumed coverage on shares of TopBuild in a report on Thursday, November 20th. They set a “sector perform” rating and a $410.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $443.73.

TopBuild Trading Down 3.6%

NYSE BLD opened at $467.70 on Friday. TopBuild Corp. has a one year low of $266.26 and a one year high of $559.47. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.45 and a current ratio of 2.90. The company has a market capitalization of $13.13 billion, a price-to-earnings ratio of 23.74, a price-to-earnings-growth ratio of 7.84 and a beta of 1.70. The company’s 50-day simple moving average is $479.57 and its two-hundred day simple moving average is $444.08.

TopBuild (NYSE:BLD) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $4.50 earnings per share for the quarter, topping the consensus estimate of $4.39 by $0.11. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.49 billion. TopBuild had a net margin of 10.84% and a return on equity of 27.10%. The company’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.13 EPS. Equities analysts forecast that TopBuild Corp. will post 20.97 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.