James Hardie Industries plc (JHX) Fell Following the Results

5 days ago 5

Soumya Eswaran

Tue, November 11, 2025 astatine 7:25 AM CST 3 min read

Fred Alger Management, an concern absorption company, released its “Alger Spectra Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. U.S. equity markets continued their upward trajectory successful the 3rd quarter, with the S&P 500 Index rising 8.12%. A operation of improving economical conditions, coagulated firm earnings, and increasing expectations for monetary easing drove the beardown performance. Against this backdrop, Class A shares of the Fund outperformed the Russell 3000 Growth Index during the 3rd 4th of 2025. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Alger Spectra Fund highlighted stocks specified arsenic James Hardie Industries plc (NYSE:JHX). Based successful Dublin, Ireland, James Hardie Industries plc (NYSE:JHX) manufactures and supplies fibre cement, fibre gypsum, and cement-bonded gathering products. The one-month instrumentality of James Hardie Industries plc (NYSE:JHX) was -22.36%, and its shares mislaid 45.27% of their worth implicit the past 52 weeks. On November 10, 2025, James Hardie Industries plc (NYSE:JHX) banal closed astatine $17.40 per share, with a marketplace capitalization of $10.079 billion.

Alger Spectra Fund stated the pursuing regarding James Hardie Industries plc (NYSE:JHX) successful its 3rd 4th 2025 capitalist letter:

"James Hardie Industries plc (NYSE:JHX) is simply a planetary person successful exterior gathering materials, champion known for fiber-cement siding, trim and related products crossed North America, APAC and Europe. The institution offers a wide portfolio spanning siding, decking, railing and pergolas nether a unified platform. During the quarter, shares declined aft absorption delivered fiscal first-quarter results that disappointed investors and signaled a much cautious outlook. The institution highlighted softer lodging demand, ongoing affordability challenges, and the request to enactment done elevated transmission inventories."

James Hardie (JHX) Jumps 7% arsenic Analyst Turns Bullish

James Hardie Industries plc (NYSE:JHX) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 32 hedge money portfolios held James Hardie Industries plc (NYSE:JHX) astatine the extremity of the 2nd quarter, up from 12 successful the erstwhile quarter. While we admit the imaginable of James Hardie Industries plc (NYSE:JHX) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.