Why These 15 Industrial Stocks Are up the Most So Far in 2025

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9. Beacon Roofing Supply Inc (NASDAQ:BECN)

Number of Hedge Fund Holders In Q4 2024: 53

Beacon Roofing Supply Inc (NASDAQ:BECN) is the largest publicly traded distributor of roofing materials and complementary building products in the United States and Canada.

The most significant event driving the stock higher in 2025 is QXO’s highly publicized acquisition offer, which came at a substantial premium to Beacon’s unaffected share price and sparked considerable trading activity and speculation about the company’s future.

Beacon’s board has advised shareholders to reject the offer, arguing it undervalues the company’s growth potential and strategic plans, which have fueled further investor optimism.

In addition to the takeover interest, Beacon reported strong first-quarter 2025 results, with revenue up 15% year-over-year, driven by robust demand in both residential and commercial roofing segments and successful execution of its Ambition 2025 growth strategy.

The company also completed the acquisition of DM Figley Company, expanding its waterproofing division and opening new branches in key states, which aligns with its market expansion goals.

The consensus price target of $121.5 implies 2% downside.

BECN stock is up 22.01% year-to-date.

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