Owens Corning (OC) is up 8.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver was takeover speculation after a report said Carlisle made unsolicited offers to acquire Owens Corning. A potential deal can quickly reprice a stock because investors start factoring in the possibility of a premium buyout value.
Details:
A report circulated on June 29 that Carlisle had approached Owens Corning with takeover proposals, which appears to be the clearest catalyst behind the sudden rally.Owens Corning recently completed the sale of its glass reinforcements business, continuing its shift toward a more focused branded building products portfolio that could be more attractive to a strategic buyer.In first-quarter 2026 results, Owens Corning said it expected continued strong financial performance and highlighted structural improvements across the business.The company has also emphasized shareholder returns, including a recently declared quarterly dividend of $0.79 per share, which may have reinforced investor confidence alongside the deal chatter.Sources:
The Wall Street Journal, Owens Corning Investor Relations, Business Wire
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$OC Insider Trading Activity
$OC insiders have traded $OC stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $OC stock by insiders over the last 6 months:
- RACHEL BARTHELEMY MARCON (President, Doors) sold 700 shares for an estimated $84,497
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$OC Hedge Fund Activity
We have seen 344 institutional investors add shares of $OC stock to their portfolio, and 431 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC added 1,728,035 shares (+549.5%) to their portfolio in Q1 2026, for an estimated $183,240,831
- AQR CAPITAL MANAGEMENT LLC added 1,107,377 shares (+77.3%) to their portfolio in Q1 2026, for an estimated $117,426,257
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,070,400 shares (-41.3%) from their portfolio in Q1 2026, for an estimated $113,505,216
- ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC added 1,027,800 shares (+721.9%) to their portfolio in Q1 2026, for an estimated $108,987,912
- APPALOOSA LP removed 950,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $100,738,000
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 934,737 shares (+72.8%) to their portfolio in Q1 2026, for an estimated $99,119,511
- NORDEA INVESTMENT MANAGEMENT AB added 783,626 shares (+228.3%) to their portfolio in Q1 2026, for an estimated $83,095,701
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$OC Analyst Ratings
Wall Street analysts have issued reports on $OC in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 01/15/2026
- Citigroup issued a "Buy" rating on 01/08/2026
- UBS issued a "Buy" rating on 01/06/2026
To track analyst ratings and price targets for $OC, check out Quiver Quantitative's $OC forecast page.
$OC Price Targets
Multiple analysts have issued price targets for $OC recently. We have seen 10 analysts offer price targets for $OC in the last 6 months, with a median target of $140.0.
Here are some recent targets:
- Matthew Bouley from Barclays set a target price of $144.0 on 05/11/2026
- Michael Rehaut from JP Morgan set a target price of $121.0 on 05/08/2026
- Keith Hughes from Truist Securities set a target price of $125.0 on 05/07/2026
- Sam Reid from Wells Fargo set a target price of $150.0 on 05/07/2026
- Stephen Kim from Evercore ISI Group set a target price of $139.0 on 05/07/2026
- Mike Dahl from RBC Capital set a target price of $148.0 on 05/07/2026
- Susan Maklari from Goldman Sachs set a target price of $141.0 on 05/07/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Owens Corning jumps on takeover speculation after reported Carlisle approach
Owens Corning (OC) is up 8.9% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver was takeover speculation after a report said Carlisle made unsolicited offers to acquire Owens Corning. A potential deal can quickly reprice a stock because investors start factoring in the possibility of a premium buyout value.
Details:
Sources:
The Wall Street Journal, Owens Corning Investor Relations, Business Wire
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$OC Insider Trading Activity
$OC insiders have traded $OC stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $OC stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$OC Hedge Fund Activity
We have seen 344 institutional investors add shares of $OC stock to their portfolio, and 431 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$OC Analyst Ratings
Wall Street analysts have issued reports on $OC in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $OC, check out Quiver Quantitative's $OC forecast page.
$OC Price Targets
Multiple analysts have issued price targets for $OC recently. We have seen 10 analysts offer price targets for $OC in the last 6 months, with a median target of $140.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »