demand / volume
“Downturns in these industries could result in a deterioration of our customers’ businesses and, in turn, a reduced demand for some of our products.”
GGG 10-K
Confirmed
Building Materials & Equipment
14 names are moving together; 79% are participating in the current session.
1 observed Confirmed episode
Co-movement
Observed member paths adjusted against SPY. Shading marks the latest observation window.
Members
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| WMS | Advanced Drainage Systems, Inc. | Industrials | +0.6% | Group member |
| CRH | CRH PLC | Basic Materials | -1.0% | Group member |
| SGI | Somnigroup International Inc. | Consumer Cyclical | -2.3% | Group member |
| ESAB | ESAB Corporation | Industrials | +1.1% | Group member |
| GGG | Graco Inc. | Industrials | -0.8% | 1/1 observed active sessions |
| AWI | Armstrong World Industries Inc | Industrials | -0.1% | 1/1 observed active sessions |
| SW | Smurfit WestRock plc | Consumer Cyclical | -3.3% | Group member |
| IP | International Paper Company | Consumer Cyclical | -5.4% | 1/1 observed active sessions |
| MLM | Martin Marietta Materials, Inc. | Basic Materials | -2.7% | Group member |
| ALLE | Allegion plc | Industrials | +0.3% | 1/1 observed active sessions |
| VMC | Vulcan Materials Company (Holdi | Basic Materials | -1.0% | 1/1 observed active sessions |
| UPS | United Parcel Service, Inc. | Industrials | -1.0% | Group member |
| HON | Honeywell International Inc. | Industrials | +0.5% | Group member |
| AMRZ | Amrize Ltd | Basic Materials | — | Group member |
Why we believe this
Cohort
14 namesParticipation
79% this sessionObserved history
1 daily buildsFiling coverage
14/14 membersinput costs affecting expense
“Operating earnings decreased 4 percent, due to a lower gross margin rate and increased expenses.”
GGG 10-Q
credit / rates affecting interest expense
“Interest Expense Interest expense for the year ended December 31, 2025, decreased $1.0 million as compared to the year ended December 31, 2024, primarily due to a lower weighted-average interest rate on our outstanding indebtedness.”
ALLE 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
Connected, outside the group
PKG
SWsupplier · Not moving with the group now
Filing receipt · PKG / SW
“Corrugated Packaging We operate 152 corrugated packaging plants in North America.”
SW · supplier
ROAD
VMCsupplier · Moving with the group now · 115 min observed
Filing receipt · ROAD / VMC
“In October 2025, we acquired eight HMA plants and related crews and equipment in the Houston, Texas metro area from affiliates of Vulcan Materials Company, and acquired…”
VMC · supplier
LII
AWIsupplier · Moving with the group now · 115 min observed
Filing receipt · LII / AWI
“The Allied Air Enterprise business and brands (“Armstrong Air,” “AirEase,” “Concord,” “Ducane,” “Allied,” and “MagicPak”) include a full line of heating, ventilation and…”
AWI · supplier
KNF
AMRZcompetitor · Not moving with the group now
Filing receipt · KNF / AMRZ
“Smaller, independent operators make up the majority of our competition; however, we also face competition in some markets from large, publicly traded United States aggre…”
AMRZ · competitor
GPK
SWtext peer · Moving with the group now · 115 min observed
No filing excerpt is available for this relationship.
History
2026-07-101 observed active session · 100% of active names held across the episode