On December 31, 2024, Richard Pzena (Trades, Portfolio), a prominent figure in the investment world, executed a significant transaction involving JELD-WEN Holding Inc. The firm added 1,583,238 shares to its portfolio at a price of $8.19 per share. This move underscores Pzena's strategic approach to investing in undervalued companies with potential for recovery. The transaction increased the firm's total holdings in JELD-WEN to 11,165,246 shares, representing 13.20% of the firm's portfolio.

Richard Pzena (Trades, Portfolio): A Profile of Investment Acumen

Richard Pzena (Trades, Portfolio) is the founder and Co-Chief Investment Officer of Pzena Investment Management, LLC, established in 1995. The firm's investment philosophy is centered on purchasing undervalued shares of good businesses, with a keen focus on assessing whether price drops are temporary or permanent. Pzena's approach involves ranking companies from the cheapest to the most expensive based on their current share price compared to their normal long-term earnings power. This disciplined strategy has positioned Pzena as a respected figure in the investment community.

JELD-WEN Holding Inc.: An Overview

JELD-WEN Holding Inc., based in the USA, is a manufacturer of doors and windows, primarily serving the North American market. The company has a market capitalization of $804.733 million and is considered significantly undervalued with a GF Value of 13.69. JELD-WEN's products are used in the construction of residential single and multi-family homes and non-residential buildings. The firm's operating segments include North America, Europe, and Australasia, with a majority of its revenue generated from North America.

Transaction Details and Impact

The recent transaction by Richard Pzena (Trades, Portfolio) increased the firm's total holdings in JELD-WEN to 11,165,246 shares, with the stock currently priced at $9.51, reflecting a 16.12% gain since the transaction. The trade had an impact of 0.04 on the portfolio, highlighting the firm's confidence in JELD-WEN's potential for recovery. This strategic addition aligns with Pzena's philosophy of investing in undervalued companies with the potential to overcome current challenges.

Financial Metrics and Valuation

JELD-WEN's current price-to-GF Value ratio is 0.70, indicating a significant undervaluation. The company has a GF Score of 72/100, suggesting likely average performance. The balance sheet rank is 4/10, and the profitability rank is 6/10. These metrics reflect the company's potential for growth and recovery, despite current challenges.

Market Performance and Growth Indicators

JELD-WEN has experienced a year-to-date price change of 17.7% and a negative IPO percent change of -62.34%. The company's revenue growth over the past three years is 6.40%, with an EBITDA growth of 3.00% and earnings growth of 15.60%. These growth indicators suggest a positive trajectory for the company, despite past challenges.

Other Gurus Involved

Besides Richard Pzena (Trades, Portfolio), other notable investment firms holding shares in JELD-WEN include HOTCHKIS & WILEY, First Eagle Investment (Trades, Portfolio), and Barrow, Hanley, Mewhinney & Strauss. These firms' involvement further underscores the potential value seen in JELD-WEN by seasoned investors.

Conclusion: A Strategic Move

Richard Pzena (Trades, Portfolio)'s strategic addition to JELD-WEN Holding Inc. reflects the firm's confidence in the company's ability to overcome current challenges and capitalize on its market position. This transaction aligns with Pzena's investment philosophy of identifying undervalued companies with potential for recovery, reinforcing the firm's commitment to long-term value investing.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.