Inceptionr LLC Boosts Stock Holdings in Owens Corning Inc $OC

Inceptionr LLC grew its position in Owens Corning Inc (NYSE:OC) by 74.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,648 shares of the construction company’s stock after purchasing an additional 3,698 shares during the period. Inceptionr LLC’s holdings in Owens Corning were worth $1,189,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Bangor Savings Bank bought a new stake in Owens Corning in the 2nd quarter worth about $28,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Owens Corning during the 2nd quarter worth approximately $30,000. Chilton Capital Management LLC purchased a new position in shares of Owens Corning in the 2nd quarter worth approximately $37,000. Assetmark Inc. grew its holdings in shares of Owens Corning by 51.0% in the second quarter. Assetmark Inc. now owns 299 shares of the construction company’s stock valued at $41,000 after acquiring an additional 101 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Owens Corning during the second quarter valued at approximately $42,000. 88.40% of the stock is owned by institutional investors.

Owens Corning Stock Performance

NYSE OC opened at $111.67 on Thursday. The firm has a market cap of $9.18 billion, a P/E ratio of 29.01, a price-to-earnings-growth ratio of 9.10 and a beta of 1.31. The company has a quick ratio of 0.95, a current ratio of 1.52 and a debt-to-equity ratio of 0.98. The company’s 50 day moving average is $123.67 and its 200-day moving average is $136.41. Owens Corning Inc has a 12-month low of $97.53 and a 12-month high of $210.79.

Owens Corning (NYSE:OC) last released its quarterly earnings data on Wednesday, November 5th. The construction company reported $3.67 EPS for the quarter, topping the consensus estimate of $3.64 by $0.03. Owens Corning had a net margin of 2.98% and a return on equity of 24.49%. The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the firm earned $4.38 EPS. Owens Corning’s revenue for the quarter was down 2.9% on a year-over-year basis. Owens Corning has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Owens Corning Inc will post 15.49 earnings per share for the current year.

Owens Corning Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, October 20th were paid a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, October 20th. Owens Corning’s payout ratio is presently -48.25%.

Analyst Ratings Changes

Several research analysts have weighed in on OC shares. Evercore ISI set a $121.00 price objective on Owens Corning in a research report on Thursday, November 6th. Royal Bank Of Canada cut their price target on shares of Owens Corning from $174.00 to $145.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Wells Fargo & Company decreased their price objective on shares of Owens Corning from $175.00 to $150.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. Jefferies Financial Group lowered their price objective on shares of Owens Corning from $185.00 to $180.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. Finally, Barclays reduced their target price on shares of Owens Corning from $173.00 to $131.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $157.67.

Owens Corning Company Profile

Owens Corning manufactures and sells building and construction materials in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Roofing, Insulation, and Composites. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications.