CSW Industrials, Inc. (NASDAQ:CSWI) Receives $384.67 Consensus Target Price from Brokerages

CSW Industrials, Inc. (NASDAQ:CSWI) has earned an average rating of “Hold” from the five analysts that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $379.00.

A number of research firms have commented on CSWI. StockNews.com lowered CSW Industrials from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. Wells Fargo & Company reduced their price target on CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Citigroup reduced their price target on CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Truist Financial assumed coverage on CSW Industrials in a research report on Friday. They issued a “hold” rating and a $362.00 price target on the stock. Finally, The Goldman Sachs Group cut their target price on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th.

Insider Transactions at CSW Industrials

In other CSW Industrials news, Director Robert M. Swartz sold 200 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $321.78, for a total transaction of $64,356.00. Following the sale, the director now owns 13,519 shares in the company, valued at $4,350,143.82. This trade represents a 1.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Luke Alverson sold 1,522 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $358.16, for a total value of $545,119.52. Following the sale, the senior vice president now owns 15,634 shares in the company, valued at $5,599,473.44. The trade was a 8.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,103 shares of company stock valued at $3,437,104 over the last three months. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC increased its holdings in CSW Industrials by 105.9% during the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 36 shares during the period. National Bank of Canada FI purchased a new position in CSW Industrials during the 3rd quarter valued at about $28,000. V Square Quantitative Management LLC purchased a new position in CSW Industrials during the 3rd quarter valued at about $30,000. IFP Advisors Inc increased its holdings in CSW Industrials by 510.5% during the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 97 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in CSW Industrials during the 4th quarter valued at about $51,000. Hedge funds and other institutional investors own 82.79% of the company’s stock.

CSW Industrials Stock Up 0.2 %

Shares of CSWI opened at $318.12 on Friday. CSW Industrials has a 12-month low of $221.10 and a 12-month high of $436.50. The business has a 50-day simple moving average of $358.91 and a two-hundred day simple moving average of $361.23. The stock has a market cap of $5.34 billion, a PE ratio of 38.01 and a beta of 0.84.

CSW Industrials (NASDAQ:CSWI) last issued its earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.11. CSW Industrials had a return on equity of 15.72% and a net margin of 15.53%. On average, equities research analysts expect that CSW Industrials will post 8.59 EPS for the current year.

CSW Industrials Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date was Friday, January 31st. CSW Industrials’s payout ratio is currently 11.47%.

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.