Eagle Materials missed earnings estimates but raised dividend; stock up on institutional buying.

Eagle Materials Inc. (EXP) reported third-quarter earnings of $3.22 per share, slightly below estimates, with revenue of $555.96 million. The Dallas-based building materials company, which manufactures cement, wallboard, and roofing products, announced a quarterly dividend of $0.25 per share. Institutional investors, including Cartenna Capital LP and Boothbay Fund Management LLC, increased their stakes, with Boothbay boosting its position by 158.4%. The stock trades at $186.45, has a market cap of $5.86 billion, and a consensus "Hold" rating with a $228.36 target price.