CSW Industrials, Inc. (NASDAQ:CSWI) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC raised its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 105.9% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 70 shares of the basic materials company’s stock after purchasing an additional 36 shares during the period. GAMMA Investing LLC’s holdings in CSW Industrials were worth $26,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CSWI. Contravisory Investment Management Inc. raised its position in shares of CSW Industrials by 48.1% in the 2nd quarter. Contravisory Investment Management Inc. now owns 117 shares of the basic materials company’s stock worth $31,000 after buying an additional 38 shares during the period. Harbor Investment Advisory LLC purchased a new stake in shares of CSW Industrials during the 1st quarter worth about $58,000. SG Americas Securities LLC acquired a new stake in CSW Industrials during the 1st quarter worth approximately $148,000. Russell Investments Group Ltd. raised its holdings in CSW Industrials by 20,750.0% in the first quarter. Russell Investments Group Ltd. now owns 834 shares of the basic materials company’s stock valued at $196,000 after buying an additional 830 shares during the period. Finally, TCI Wealth Advisors Inc. acquired a new position in CSW Industrials during the first quarter valued at approximately $202,000. Hedge funds and other institutional investors own 82.79% of the company’s stock.

CSW Industrials Price Performance

CSWI opened at $391.63 on Friday. The company has a market capitalization of $6.08 billion, a P/E ratio of 59.97, a PEG ratio of 2.99 and a beta of 0.77. The company has a 50-day moving average of $343.87 and a 200-day moving average of $290.88. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.44 and a current ratio of 2.73. CSW Industrials, Inc. has a 1-year low of $167.27 and a 1-year high of $398.80.

CSW Industrials (NASDAQ:CSWI) last released its earnings results on Wednesday, July 31st. The basic materials company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.29. The firm had revenue of $226.18 million during the quarter, compared to analyst estimates of $215.40 million. CSW Industrials had a net margin of 13.44% and a return on equity of 19.19%. During the same quarter in the previous year, the firm earned $1.97 earnings per share. Equities analysts expect that CSW Industrials, Inc. will post 8.42 EPS for the current fiscal year.

CSW Industrials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 25th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Friday, October 25th. This is a boost from CSW Industrials’s previous quarterly dividend of $0.21. This represents a $0.96 annualized dividend and a dividend yield of 0.25%. CSW Industrials’s dividend payout ratio (DPR) is 14.70%.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of CSW Industrials from a “buy” rating to a “hold” rating in a research note on Tuesday, September 17th.

Insider Activity at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $393.34, for a total value of $393,340.00. Following the sale, the chief executive officer now directly owns 51,698 shares in the company, valued at approximately $20,334,891.32. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.40% of the company’s stock.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.