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AustralianSuper Increases Stake in James Hardie Industries

Story Highlights
  • James Hardie operates in the building materials industry, focusing on fiber cement products.
  • AustralianSuper increased its shareholding in James Hardie to 6.04%, indicating confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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James Hardie ( (AU:JHX) ) has issued an announcement.

James Hardie Industries has announced that AustralianSuper Pty Ltd has increased its shareholding in the company to 6.04% of its ordinary share capital as of March 10, 2025. This increase in shareholding, up from a previous 5.01% interest, signifies a growing confidence in James Hardie’s market position and could have implications for its strategic direction and stakeholder interests.

More about James Hardie

James Hardie Industries plc is a company incorporated in Ireland, primarily operating in the building materials industry. The company is known for its manufacture of fiber cement products, which are used in various construction applications, and it has a significant presence in markets such as the USA and Australia.

YTD Price Performance: 4.05%

Average Trading Volume: 16,274

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $13.76B

For an in-depth examination of JHX stock, go to TipRanks’ Stock Analysis page.

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