FMR LLC & Abigail Johnson Hold 7.283% Stake in Eagle Materials

TL;DR

**FMR LLC and Abigail Johnson still own 7.283% of Eagle Materials, showing continued institutional interest.**

AI Summary

FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in Eagle Materials Inc. (EAGLE MATLS INC). As of February 9, 2024, they collectively beneficially own 2,540,915 shares of common stock, representing 7.283% of the company. This filing indicates a significant, but passive, institutional investment in the cement and construction materials company.

Why It Matters

This filing shows that a large, influential institutional investor maintains a substantial position in Eagle Materials, which can signal confidence in the company's long-term prospects to other investors.

Risk Assessment

Risk Level: low — This is a routine update from a passive institutional investor, indicating no immediate change in company control or strategy.

Analyst Insight

Investors should note the continued institutional interest from FMR LLC, but this passive filing doesn't suggest any immediate catalysts or changes in company direction. It's a data point for long-term holders.

Key Numbers

• 2,540,915 — Shares Beneficially Owned (Total common stock shares of Eagle Materials Inc. held by FMR LLC and Abigail P. Johnson as of February 9, 2024.)
• 7.283% — Percent of Class (The percentage of Eagle Materials Inc.'s common stock owned by FMR LLC and Abigail P. Johnson.)

Key Players & Entities

• FMR LLC (company) — reporting person and parent holding company
• Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
• EAGLE MATERIALS INC (company) — the issuer of the securities
• 2,540,915 (dollar_amount) — number of shares beneficially owned
• 7.283% (dollar_amount) — percentage of class beneficially owned

Forward-Looking Statements

• FMR LLC will maintain a significant, passive stake in Eagle Materials Inc. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09

FAQ

From the Filing

0000315066-24-001054.txt : 20240209 0000315066-24-001054.hdr.sgml : 20240209 20240209085019 ACCESSION NUMBER: 0000315066-24-001054 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EAGLE MATERIALS INC CENTRAL INDEX KEY: 0000918646 STANDARD INDUSTRIAL CLASSIFICATION: CEMENT, HYDRAULIC [3241] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 752520779 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43317 FILM NUMBER: 24611461 BUSINESS ADDRESS: STREET 1: 5960 BERKSHIRE LANE STREET 2: SUITE 900 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 214-432-2000 MAIL ADDRESS: STREET 1: 5960 BERKSHIRE LANE STREET 2: SUITE 900 CITY: DALLAS STATE: TX ZIP: 75225 FORMER COMPANY: FORMER CONFORMED NAME: CENTEX CONSTRUCTION PRODUCTS INC DATE OF NAME CHANGE: 19940204 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.3 EAGLE MATLS INC COMMON STOCK Cusip #26969P108 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #26969P108 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 2,538,965 Item 6: 0 Item 7: 2,540,915 Item 8: 0 Item 9: 2,540,915 Item 11: 7.283% Item 12: HC Cusip #26969P108 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 2,540,915 Item 8: 0 Item 9: 2,540,915 Item 11: 7.283% Item 12: IN Item 1(a). Name of Issuer: EAGLE MATLS INC Item 1(b). Address of Issuer's Principal Executive Offices: 5960 BERKSHIRE LANE, SUITE 900 DALLAS, TX 75225 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 26969P108 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 2,540,915 (b) Percent of Class: 7.283% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 2,540,915 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of EAGLE MATLS INC. No one other person's interest in the COMMON STOCK of EAGLE MATLS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Ce