Why a $104 Million Allocation to Eagle Materials Stock Could Signal Confidence in Construction’s Next Cycle

9 hours ago 1

Jonathan Ponciano, The Motley Fool

Sat, February 14, 2026 astatine 11:47 AM CST 4 min read

On February 13, 2026, Black Creek Investment Management Inc. disclosed a caller presumption successful Eagle Materials (NYSE:EXP), acquiring 502,120 shares successful the 4th fourth with an estimated commercialized worth of $103.78 million.

According to a SEC filing dated February 13, 2026, Black Creek Investment Management Inc. established a caller presumption successful Eagle Materials (NYSE:EXP), acquiring 502,120 shares during the 4th quarter. The quarter-end presumption worth stood astatine $103.78 million, reflecting the caller stock purchase.

This caller presumption successful Eagle Materials accounted for 5.1% of Black Creek’s 13F reportable assets arsenic of December 31, 2025.
Top 5 holdings aft the filing:
- NYSE:ELAN: $250.32 cardinal (12.4% of AUM)
- NYSE:BAH: $211.34 cardinal (10.5% of AUM)
- NASDAQ:PSMT: $201.01 cardinal (10.0% of AUM)
- NASDAQ:PYPL: $187.56 cardinal (9.3% of AUM)
- NYSE:FCN: $183.17 cardinal (9.1% of AUM)
As of February 12, 2026, shares of Eagle Materials were priced astatine $232.67, down 5.1% implicit the past twelvemonth and underperforming the S&P 500 by 18.0 percent points.

Metric

Value

Price (as of marketplace adjacent February 12, 2026)	$232.67
Market capitalization	$7.60 billion
Revenue (TTM)	$2.30 billion
Net income (TTM)	$430.13 million

Eagle Materials produces and supplies cement, factual and aggregates, gypsum wallboard, and recycled paperboard, serving the operation and packaging industries.
The institution generates gross done the mining, manufacturing, and organisation of dense and airy gathering materials, with a diversified merchandise premix supporting some commercialized and residential construction, arsenic good arsenic infrastructure projects.
Its superior customers see commercialized and residential builders, nationalist operation entities, and manufacturers successful the gypsum wallboard and packaging sectors.

Eagle Materials operates arsenic a starring U.S. supplier of operation materials, with a balanced portfolio spanning cement, aggregates, wallboard, and paperboard. Its integrated concern exemplary leverages earthy worldly extraction and manufacturing capabilities to service a wide lawsuit basal crossed aggregate operation end-markets.

Cyclical stocks seldom look comfy astatine the nonstop infinitesimal superior rotates toward them, and that mightiness beryllium precisely wherefore this presumption deserves a person look.

Eagle Materials conscionable posted $556 cardinal successful quarterly gross and $3.22 successful diluted EPS for its fiscal 3rd quarter. Meanwhile, cement volumes roseate 9% twelvemonth implicit year, portion integrated aggregates volumes climbed 34%, adjacent arsenic gypsum wallboard volumes fell 14%. In different words, dense materials tied to infrastructure are offsetting residential softness.

With nett indebtedness of astir $1.37 cardinal and a nett leverage ratio of 1.8x, the equilibrium expanse looks disciplined. The institution besides repurchased astir 648,000 shares for $142.6 cardinal successful the quarter, reinforcing superior allocation consistency.

Within a portfolio led by Elanco, Booz Allen, PriceSmart, PayPal, and FTI Consulting, this 5.1% allocation is meaningful but not outsized. It fits a illustration that favors cash-generative, asset-heavy businesses with pricing power. Shares are down 5.1% implicit the past twelvemonth and person lagged the broader market, yet operating metrics stay resilient. For semipermanent investors, the question is not whether lodging is brushed today. It is whether infrastructure spending, disciplined leverage, and dependable buybacks tin compound worth done the adjacent cycle.

Read Entire Article