CSW Industrials, Inc. (NASDAQ:CSWI) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its position in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 5.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,588 shares of the basic materials company’s stock after acquiring an additional 128 shares during the period. Janney Montgomery Scott LLC’s holdings in CSW Industrials were worth $948,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CSWI. Capital World Investors boosted its position in shares of CSW Industrials by 956.8% during the first quarter. Capital World Investors now owns 376,573 shares of the basic materials company’s stock worth $88,344,000 after buying an additional 340,939 shares during the period. Vanguard Group Inc. grew its position in CSW Industrials by 39.1% in the first quarter. Vanguard Group Inc. now owns 1,213,748 shares of the basic materials company’s stock worth $284,745,000 after buying an additional 340,904 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of CSW Industrials during the second quarter worth $65,595,000. Natixis Advisors LLC purchased a new stake in CSW Industrials during the second quarter valued at about $12,424,000. Finally, Assenagon Asset Management S.A. lifted its position in shares of CSW Industrials by 162.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 55,626 shares of the basic materials company’s stock valued at $20,381,000 after acquiring an additional 34,427 shares in the last quarter. 82.79% of the stock is currently owned by institutional investors.

Insider Transactions at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $404.79, for a total transaction of $404,790.00. Following the sale, the chief executive officer now directly owns 50,698 shares in the company, valued at $20,522,043.42. This trade represents a 1.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 3,000 shares of company stock worth $1,139,500 in the last three months. Insiders own 1.40% of the company’s stock.

CSW Industrials Trading Down 0.9 %

NASDAQ CSWI opened at $403.98 on Friday. The stock’s 50 day moving average is $372.75 and its two-hundred day moving average is $311.54. CSW Industrials, Inc. has a 1-year low of $167.81 and a 1-year high of $428.46. The company has a market capitalization of $6.79 billion, a price-to-earnings ratio of 54.89, a PEG ratio of 3.32 and a beta of 0.78.

CSW Industrials Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, October 25th were paid a $0.24 dividend. The ex-dividend date was Friday, October 25th. This is a boost from CSW Industrials’s previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a yield of 0.24%. CSW Industrials’s dividend payout ratio (DPR) is presently 13.04%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CSWI shares. Citigroup upgraded shares of CSW Industrials to a “hold” rating in a report on Wednesday. StockNews.com downgraded CSW Industrials from a “buy” rating to a “hold” rating in a report on Thursday.

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.