Here’s How the Acquisition Favored James Hardie Industries (JHX)

Core Insights - Aristotle Capital Boston, LLC reported solid results for U.S. small/mid-cap equities in Q3 2025, with a return of 2.57% net of fees, underperforming the Russell 2500 Index's 9.00% total return [1] Company Overview - James Hardie Industries plc (NYSE:JHX) manufactures and supplies fiber cement and fiber gypsum products primarily for residential construction [3] - The company has a market capitalization of $12.122 billion, with shares closing at $20.93 on October 31, 2025 [2] Performance Metrics - James Hardie Industries plc experienced a one-month return of 4.18%, but its shares have lost 34.06% over the past 52 weeks [2] - The stock is not among the 30 most popular stocks among hedge funds, although the number of hedge fund portfolios holding JHX increased from 12 to 32 in the last quarter [4] Strategic Developments - The acquisition of The AZEK Company enhances James Hardie's product offerings and positions the company for market share gains in an expanded addressable market [3] - The company is expected to benefit from operating synergies, merger cost synergies, and enhanced scale efficiencies, which should improve shareholder value creation potential [3]