SCHEDULE: BlackRock Amends James Hardie Stake Disclosure
Schedule 13G Amendment
BlackRock, Inc. has filed an Amendment No. 7 to its Schedule 13G, disclosing a 1.2% beneficial ownership stake in James Hardie Industries PLC as of December 31, 2025.
Summary
- BlackRock, Inc. reported beneficial ownership of 5,297,422 shares of James Hardie Industries PLC common stock.
- This ownership represents 1.2% of the class of securities outstanding.
- BlackRock, Inc. holds sole voting power over 5,038,227 shares and sole dispositive power over 5,297,422 shares.
- The filing is an Amendment No. 7 to a Schedule 13G, indicating a routine update to a previously reported stake.
- BlackRock, Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of James Hardie Industries PLC.
Sentiment
Score: 5
Explanation: The filing is a routine compliance disclosure of beneficial ownership, indicating a neutral sentiment as it does not contain performance data or significant changes in investment strategy.
Positives
- Continued investment by a major institutional investor like BlackRock, Inc. in James Hardie Industries PLC.
Risks
- The filing states that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, mitigating control-related risks for James Hardie Industries PLC.
Future Outlook
NA
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."
Industry Context
This filing is a routine disclosure of institutional ownership and does not provide specific industry context or trends for James Hardie Industries PLC.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Internal Policy Update | BlackRock, Inc. updated its Power of Attorney, revoking a previous one dated April 30, 2023, and appointing new attorneys-in-fact for compliance with ownership reporting requirements. | 01/21/2025 | This is an internal BlackRock governance update to streamline its SEC filing processes and does not directly impact James Hardie Industries PLC's corporate governance. |
Stakeholder Impact
- Shareholders of James Hardie Industries PLC are informed of BlackRock, Inc.'s continued, albeit non-controlling, investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/30/2023 | Date of previous Power of Attorney that was revoked by BlackRock, Inc. |
| 01/21/2025 | Date BlackRock, Inc. executed the current Power of Attorney. |
| 12/31/2025 | Date of event which requires the filing of this statement (reporting period end date). |
| 01/21/2026 | Date the Schedule 13G Amendment No. 7 was signed by BlackRock, Inc. |
Keywords
BlackRock, James Hardie Industries PLC, Schedule 13G, beneficial ownership, institutional investor, common stock, passive investment
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