What smart money is saying about Eagle Materials
1 fund in our archive has pitched Eagle Materials, most recently Appalaches Capital in June 2025.
Eagle Materials Inc., through its subsidiaries, produces and supplies heavy construction materials and light building materials in the United States. It operates through Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard segments. The company engages in the mining of limestone for the manufacture, production, distribution, and sale of Portland cement; grinding and sale of slag; and mining of gypsum for the manufacture and sale of gypsum wallboards used to finish the interior walls and ceilings in residential, commercial, and industrial structures. It also manufactures and sells recycled paperboard to gypsum wallboard industry and other paperboard converters, as well as containerboard and lightweight packaging grades. In addition, the company engages in the sale of ready-mix concrete; and mining, extracting, production, and sale of aggregates, including crushed stones, sand, and gravel. Its products are used in commercial and residential construction; public construction projects; and projects to build, expand, and repair roads and highways. The company was formerly known as Centex Construction Products, Inc. and changed its name to Eagle Materials, Inc. in January 2004. Eagle Materials Inc. was founded in 1963 and is headquartered in Dallas, Texas.
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Position history
Between Q2 2025 and Q3 2026, 5 fund letters reported a position in Eagle Materials, with 1 sell (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 0 |
| Q4 2025 | 2 | 0 | 1 | 0 |
| Q3 2025 | 2 | 0 | 0 | 0 |
| Q2 2025 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 5 positions · 1 move
- HoldsBretton FundSeptember 2026
“Higher interest rates further pushed back the housing recovery, causing two of our housing-related stocks to be the biggest hits to performance. Eagle Materials took 1.0% off performance and Dream Finders Homes took off 0.9%.”
Eagle Materials - ExitedDavenportDecember 2025
“We fully exited positions in Mid-America Apartment Communities Inc. (MAA) and Eagle Materials Inc. (EXP).”
Eagle Materials - October 2025
“Eagle Materials, headquartered in Dallas, TX is a building materials company that produces Cement, Concrete, Aggregates and Gypsum Wallboards.”
Eagle Materials - September 2025
“Materials continues to be a source of underperformance for the strategy, as companies such as Orion SA (OEC) and Eagle Materials (EXP), with exposure to the broader economy continue to report challenging or deteriorating business conditions.”
Eagle Materials - September 2025
“Warrior Met Coal, a metallurgical coal producer, also contributed positively, benefiting from further success in developing and expanding production from Blue Creek, a low-cost mine that is ramping production of high- quality metallurgical coal, while Eagle Materials, a supplier of cement and building materials, benefited from ongoing resilience in construction activity.”
Eagle Materials
Fund coverage · 1 thesis
- Appalaches CapitalJune 2025
Eagle Materials defies conventional valuation models by uniquely blending upstream resource ownership with high-return cement and wallboard operations, offering rare pricing power and capital discipline that are often misunderstood by the market.
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