Limbach to Participate in 38th Annual ROTH Conference Mar 17, 2026 4:05 PM Eastern Daylight Time Limbach to Participate in 38th Annual ROTH Conference Share TAMPA, Fla.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) ("Limbach†or the "Company†), a building systems solutions firm that partners with building owners and operators who have mission-critical mechanical, electrical, plumbing and controls ("MEPC†) systems, today announced that Michael McCann, President and Chief Executive Officer, will p ...

Core Viewpoint - PulteGroup has nominated Benjamin Schall for election as a new independent director to its Board of Directors, with the election scheduled for April 29, 2026 [1]. Group 1: Nomination Details - Benjamin Schall is currently the CEO and President of AvalonBay Communities Inc., a leading multifamily real estate investment trust (REIT) [1]. - If elected, Mr. Schall's appointment will be effective immediately [1]. Group 2: Executive Experience - Mr. Schall brings over 20 years of senior executive experience in leading large, diversified real estate platforms and managing nationwide operating portfolios [2]. - His previous roles include CEO and President of Seritage Growth Properties and Chief Operating Officer of Rouse Properties, overseeing a significant portfolio of regional malls across 21 states [2]. Group 3: Educational Background and Industry Involvement - Mr. Schall is a graduate of Swarthmore College and holds an MBA from Harvard Business School [3]. - He is actively involved in national real estate organizations, including Nareit, NMHC, and The Real Estate Roundtable, and serves as Co-Chair of the Board of University Settlement in New York [3]. Group 4: Company Overview - PulteGroup, Inc. is one of America's largest homebuilding companies, operating in over 45 markets across the country [3]. - The company has a diverse brand portfolio, including Pulte Homes, Centex, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods, catering to various buyer groups [3].

Group 1 - CRH filed a Preliminary Proxy Statement for the 2026 Annual General Meeting with the SEC, in compliance with the U.S. Securities and Exchange Act of 1934 [1] - The financial statements for the fiscal year ended December 31, 2025, prepared under IFRS, were also published and are available on the company's website [1] - The Preliminary Proxy Statement and Irish Statutory Accounts have been submitted to the U.K. National Storage Mechanism for public inspection [1] Group 2 - CRH announced its intention to delist from the London Stock Exchange (LSE) and cancel its 5% and 7% preference shares, pending shareholder approval [1] - The proposed cancellation of preference shares will not affect the ordinary shares of CRH [1]

Core Insights - Janus International Group reported total revenue of $884.2 million for the fiscal year 2025, a decrease of 8.3% compared to $963.8 million in 2024 [1] - The company generated a net income of $53.8 million, or $0.38 per diluted share, down from $70.4 million, or $0.49 per diluted share in the previous year [1] - Adjusted EBITDA for 2025 was $168.2 million, reflecting a 19.3% decrease from $208.5 million in 2024, with an adjusted EBITDA margin of 19.0% [1][4] - For 2026, Janus provided revenue guidance of $940 million to $980 million, indicating a year-over-year growth of 8.6% at the midpoint [1] Financial Performance - Fourth quarter 2025 revenue was $226.3 million, a 1.9% decrease from $230.8 million in Q4 2024 [1] - Adjusted EBITDA for Q4 2025 was $37.2 million, a 7.5% increase from $34.6 million in Q4 2024, with an adjusted EBITDA margin of 16.4% [1][4] - Adjusted net income for Q4 2025 was $15.6 million, up 15.2% from $13.5 million in Q4 2024, with adjusted diluted earnings per share of $0.11 [1][4] Revenue Breakdown - Total self-storage revenues for 2025 were $597.8 million, down 9.7% from $662.0 million in 2024 [4] - Commercial and other revenues decreased by 5.1% to $286.5 million in 2025 from $301.8 million in 2024 [4] - In Q4 2025, self-storage new construction revenues were $88.9 million, a decline of 8.1% from $96.7 million in Q4 2024 [4] Share Repurchase and Cash Flow - The company repurchased approximately 1.9 million shares for $16.0 million in 2025, with $80.5 million remaining under its share repurchase authorization [1] - Free cash flow for 2025 was $114.0 million, with a free cash flow conversion rate of 137% of non-GAAP adjusted net income [5] Strategic Initiatives - Janus announced the acquisition of Kiwi II Construction, enhancing its product offerings in the self-storage and pre-engineered buildings sector [1] - The CEO highlighted a focus on operational execution and customer service amidst macroeconomic challenges, with a strong balance sheet supporting future growth [1]

Core Insights - Pentair plc is hosting its 2026 Investor Day in New York City, focusing on its strategy, growth drivers, transformation initiatives, and long-term financial objectives, with new financial targets set through fiscal 2028 [1] - The company emphasizes its unique position to lead in global water solutions amid trends of water scarcity and infrastructure modernization, aiming for long-term sales growth, margin expansion, and stronger free cash flow [1] - Pentair reiterates its 2026 guidance, reflecting confidence in its business model and growth potential [1] Company Strategy and Financial Goals - Presentations at the Investor Day will include insights from the CEO and CFO, detailing Pentair's growth algorithm and balanced contributions across its portfolio [1] - The company aims to drive shareholder value through innovation, operational execution, and disciplined capital deployment [1] - Pentair's revenue for 2025 was approximately $4.2 billion, indicating a strong financial foundation for future growth [2] Leadership and Organizational Changes - New strategic appointments within Pentair's executive leadership team are aimed at accelerating growth and enhancing customer focus [2] - The leadership changes are part of the company's efforts to deliver exceptional value to customers and position itself for long-term success [2]

Core Insights - Ferguson Enterprises reported strong financial results for calendar year 2025, with net sales of $31.3 billion, a 5.0% increase from the previous year, driven by organic revenue growth and acquisitions [1][2] - The company has issued guidance for 2026, expecting low to mid-single digit growth in net sales and an adjusted operating margin of 9.4% to 9.8% [1][2] Financial Performance - The balance sheet remains robust, with a net debt to adjusted EBITDA ratio of 1.1x [1][2] - Operating cash flow for the year was $2.2 billion, with diluted earnings per share reaching $10.16, a 24.2% increase year-over-year [1][2] - Gross margin improved to 31.0%, up 70 basis points from the previous year, while operating margin was 8.9%, reflecting a 40 basis point increase [1][2] Shareholder Returns - The company repurchased $0.9 billion worth of shares during the year, with approximately $0.6 billion remaining under the current repurchase program [1][2] - Dividends declared were $3.38 per share, with a quarterly dividend of $0.89 announced for payment on April 30, 2026 [1][2] Market Dynamics - Non-residential markets showed strong performance with a 10% revenue increase, while residential markets remained weak, with a 2% decline in revenue [1][2] - The company is positioned to capitalize on long-term growth drivers in both residential and non-residential sectors, particularly in water and air solutions [1][2] Strategic Acquisitions - Ferguson invested $276 million in eight acquisitions, which are expected to generate annualized revenue exceeding $300 million [1][2] - The company continues to focus on consolidating its market presence through strategic acquisitions and organic growth initiatives [1][2]

Group 1 - Comfort Systems USA, Inc. has scheduled its quarterly conference call and webcast for February 20, 2026, to discuss the fourth quarter and full year 2025 financial results, which will be released after market close on February 19, 2026 [1] - The conference call will be available in listen-only mode on the company's website, and participants can register to ask questions [1] - Comfort Systems USA operates 190 locations across 142 cities in the United States, providing mechanical and electrical contracting services [1] Group 2 - Trent T. McKenna will be appointed as President and Chief Operating Officer effective January 1, 2026, while Brian E. Lane continues as Chief Executive Officer [1] - The company announced a quarterly dividend of $0.60 per share, reflecting a $0.10 increase from the previous dividend, payable on November 24, 2025 [1] - For the third quarter of 2025, Comfort Systems USA reported a net income of $291.6 million, or $8.25 per diluted share, compared to $146.2 million, or $4.09 per diluted share, for the same quarter in 2024 [1]

Group 1 - NPK International Inc. will release its fourth quarter and full-year 2025 results on February 25, 2026, with a conference call scheduled for February 26, 2026, at 9:30 a.m. ET [1] - The company specializes in site access solutions, manufacturing, selling, and renting sustainable composite matting products, along with offering planning, logistics, and site restoration services [1] - NPK International serves critical infrastructure markets, including electrical transmission and distribution, oil and gas exploration, pipeline, renewable energy, petrochemical, and construction [1] Group 2 - NPK International announced the acquisition of Grassform Plant Hire Limited for an all-cash purchase price of £35.2 million ($46.4 million), with potential additional consideration based on performance improvements [1] - The acquisition was primarily funded using cash on hand, indicating a strong liquidity position for the company [1]

Core Insights - Otis Worldwide Corporation, based in Farmington, Connecticut, has a market cap of $35 billion and specializes in manufacturing, installing, and servicing building systems, including elevators and escalators [1] - Over the past year, Otis shares have underperformed the broader market, declining 6.3% compared to a 14.4% increase in the S&P 500 Index, although in 2026, Otis stock has risen 3.1% against the SPX's 1.4% increase year-to-date [1] Financial Performance - In Q4, Otis reported an adjusted EPS of $1.03, meeting Wall Street expectations, but its revenue of $3.8 billion fell short of forecasts of $3.9 billion [5] - For the full fiscal year, Otis anticipates revenue between $15 billion and $15.3 billion [5] - Analysts project a 6.9% growth in EPS for the current fiscal year, reaching $4.33 on a diluted basis [6] Market Comparison - Otis has underperformed relative to the Industrial Select Sector SPDR Fund (XLI), which has gained approximately 25.5% over the past year, and the ETF's 12.1% year-to-date returns exceed Otis's single-digit gains [2][4] - The consensus among 13 analysts covering Otis stock is a "Moderate Buy," with ratings including four "Strong Buy," one "Moderate Buy," seven "Holds," and one "Strong Sell" [6] Future Outlook - The company faces challenges with weak new equipment sales, particularly in China and the Americas, and slower service repair growth, with expectations for new equipment sales to stabilize or decline [4] - Otis is focusing on high-value service contracts to navigate the tough market conditions in China [4]

Core Insights - Pentair reported strong financial results for the fourth quarter and full year 2025, with a GAAP EPS of $3.93, up 5% from 2024, and an adjusted EPS of $4.92, up 14% from the previous year [1][2] - The company anticipates continued growth in 2026, projecting GAAP EPS guidance of approximately $4.94 to $5.09, representing a 26% to 30% increase [2][3] - Pentair celebrated its 50th consecutive year of dividend increases, announcing an 8% increase in its quarterly cash dividend to $0.27 per share [2][3] Financial Performance - Fourth quarter 2025 sales reached $1,021 million, a 5% increase year-over-year, while full year sales totaled $4.2 billion, up 2% from 2024 [1][2] - Operating income for the fourth quarter was $205 million, a 5% increase, with a return on sales (ROS) of 20.1%, remaining flat compared to the same quarter in 2024 [1][2] - Full year operating income increased by 7% to $858 million, with an ROS of 20.5%, an increase of 80 basis points from the prior year [1][2] Segment Performance - Flow sales increased by 9% in the fourth quarter and 3% for the full year, with reportable segment income up 22% in Q4 [2][3] - Water Solutions sales decreased by 10% in Q4 and 6% for the full year, with reportable segment income remaining flat [2][3] - Pool sales rose by 11% in Q4 and 9% for the full year, with reportable segment income also increasing by 11% [2][3] Cash Flow and Shareholder Returns - Full year net cash provided by operating activities was $815 million, an increase of $48 million compared to 2024, with free cash flow of $748 million, up $55 million [1][2] - The company repurchased 2.3 million shares for $225 million during 2025, with $1 billion available for future share repurchases [2][3] - Pentair's dividend increase marks a significant milestone, reflecting its commitment to returning value to shareholders [2][3]