Janus Henderson Group PLC Purchases 19,251 Shares of Owens Corning Inc $OC

Janus Henderson Group PLC boosted its position in Owens Corning Inc (NYSE:OC) by 51.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 56,351 shares of the construction company’s stock after buying an additional 19,251 shares during the period. Janus Henderson Group PLC’s holdings in Owens Corning were worth $6,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in OC. Pitcairn Co. boosted its position in shares of Owens Corning by 4.6% in the second quarter. Pitcairn Co. now owns 1,821 shares of the construction company’s stock valued at $250,000 after acquiring an additional 80 shares during the period. First Pacific Financial grew its stake in shares of Owens Corning by 2.3% in the first quarter. First Pacific Financial now owns 3,749 shares of the construction company’s stock valued at $406,000 after acquiring an additional 85 shares in the last quarter. Viawealth LLC increased its position in Owens Corning by 3.6% during the fourth quarter. Viawealth LLC now owns 2,563 shares of the construction company’s stock worth $287,000 after acquiring an additional 88 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in Owens Corning by 2.9% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 3,170 shares of the construction company’s stock worth $343,000 after purchasing an additional 90 shares in the last quarter. Finally, Groupama Asset Managment raised its stake in Owens Corning by 1.8% in the 4th quarter. Groupama Asset Managment now owns 6,153 shares of the construction company’s stock worth $689,000 after purchasing an additional 106 shares in the last quarter. Institutional investors own 88.40% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on OC. Wells Fargo & Company increased their target price on shares of Owens Corning from $150.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Truist Financial set a $198.00 price target on Owens Corning in a research note on Thursday. Royal Bank Of Canada lifted their price objective on Owens Corning from $148.00 to $172.00 and gave the company an “outperform” rating in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft upped their target price on Owens Corning from $136.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Finally, Evercore restated an “outperform” rating and issued a $193.00 price target on shares of Owens Corning in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $159.75.

Owens Corning Stock Performance

Shares of NYSE:OC opened at $150.54 on Friday. The company’s 50 day simple moving average is $136.11 and its 200 day simple moving average is $124.93. The stock has a market capitalization of $12.12 billion, a price-to-earnings ratio of -18.68, a price-to-earnings-growth ratio of 2.96 and a beta of 1.32. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.16 and a quick ratio of 0.74. Owens Corning Inc has a 1 year low of $97.53 and a 1 year high of $159.91.

Owens Corning (NYSE:OC) last issued its earnings results on Wednesday, August 5th. The construction company reported $3.93 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.84. Owens Corning had a positive return on equity of 20.52% and a negative net margin of 6.81%.The firm had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $2.66 billion. During the same quarter last year, the business posted $4.21 EPS. The company’s revenue was up .3% compared to the same quarter last year. As a group, research analysts predict that Owens Corning Inc will post 9.55 EPS for the current fiscal year.

Owens Corning Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, July 20th were paid a dividend of $0.79 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a $3.16 annualized dividend and a yield of 2.1%. Owens Corning’s payout ratio is presently -47.81%.

Key Owens Corning News

Here are the key news stories impacting Owens Corning this week:

• Positive Sentiment: Owens Corning reported second-quarter EPS of $3.93, well above the $3.09–$3.06 analyst consensus, while revenue of $2.76 billion also exceeded expectations of approximately $2.66 billion. The earnings beat is the primary catalyst supporting the stock. Owens Corning Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: The results indicate resilient demand and execution in Owens Corning’s construction-related businesses. Revenue increased slightly year over year, while the substantial earnings beat likely improved investor sentiment despite EPS declining from $4.21 in the prior-year quarter. Owens Corning 2026 Q2 Results Presentation
• Neutral Sentiment: Owens Corning’s shares are trading well above their 50-day and 200-day moving averages and near the 12-month high, reflecting strong recent momentum but also elevated expectations after the rally.
• Negative Sentiment: Management guided third-quarter revenue to $2.6 billion–$2.7 billion, versus the $2.7 billion consensus estimate. The absence of a reported EPS outlook and the potential for revenue to come in below expectations create a near-term cautionary signal. Owens Corning Delivers Strong Q2 2026 Numbers
• Negative Sentiment: Truist raised its price target from $125 to $140 but maintained a “hold” rating. The new target remains below the recent trading level, suggesting the analyst views the shares as fully valued following the earnings-driven advance. Truist Raises Owens Corning Price Target

Insider Buying and Selling

In other news, insider Rachel Barthelemy Marcon sold 700 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $120.71, for a total value of $84,497.00. Following the completion of the transaction, the insider owned 15,848 shares of the company’s stock, valued at approximately $1,913,012.08. This represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.92% of the company’s stock.

About Owens Corning

Owens Corning is a global leader in composite materials and building products, with a primary focus on insulation, roofing, and fiberglass composites. The company serves professional contractors, builders and industrial manufacturers by providing solutions designed to improve energy efficiency, structural performance and durability. Its products are used in residential, commercial, and industrial applications worldwide.

The company’s core product lines include fiberglass insulation for thermal and acoustic comfort, roofing shingles and underlayment systems engineered for weather protection, and advanced composite materials for markets such as wind energy, automotive, marine and infrastructure.