Topbuild Corp stock hits 52-week high at $445.84

Topbuild Corp (market cap: $12.43B) stock reached a new 52-week high, hitting $445.84, with InvestingPro data showing an impressive 53% surge over the past six months. This milestone reflects a significant upward trajectory for the company over the past year. Trading at a P/E ratio of 21.8 and maintaining a "GREAT" financial health score, the stock has experienced a 1-year change of 8.72%, underscoring a period of growth and resilience in the market. InvestingPro analysis suggests the stock is currently trading slightly above its Fair Value. This achievement highlights investor confidence and the company’s robust performance amidst a competitive industry landscape. Discover 13 additional exclusive ProTips and comprehensive analysis in the Pro Research Report, available on InvestingPro.

In other recent news, TopBuild Corp has completed the acquisition of Specialty Products and Insulation (SPI) for $1 billion in an all-cash transaction. This move is set to enhance TopBuild’s position in the specialty distribution sector and broaden its reach in commercial and industrial markets. The acquisition was finalized on October 7, 2025, and was funded using cash on hand, including proceeds from a recent senior notes issuance. SPI, headquartered in Charlotte, NC, reported approximately $700 million in revenue and $75 million in EBITDA for the twelve months ending June 30, 2025.

Following this acquisition, DA Davidson reiterated its Buy rating for TopBuild with a price target of $465.00. Meanwhile, Truist Securities raised its price target for the company to $390.00, maintaining a Hold rating, citing potential supply-side synergies from the acquisition. Evercore ISI also increased its price target to $449.00, keeping an "In Line" rating on the stock. These ratings reflect analysts’ expectations of the acquisition’s impact on TopBuild’s financial performance.

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