CSW Industrials, Inc. (NASDAQ:CSWI) Stock Position Increased by Amalgamated Bank

Amalgamated Bank raised its position in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 800.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,873 shares of the basic materials company's stock after purchasing an additional 4,332 shares during the period. Amalgamated Bank's holdings in CSW Industrials were worth $1,785,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Harbor Capital Advisors Inc. grew its holdings in shares of CSW Industrials by 174.2% during the third quarter. Harbor Capital Advisors Inc. now owns 39,428 shares of the basic materials company's stock worth $14,446,000 after buying an additional 25,050 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in CSW Industrials by 5.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 2,588 shares of the basic materials company's stock worth $948,000 after acquiring an additional 128 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of CSW Industrials by 16.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 328 shares of the basic materials company's stock valued at $120,000 after buying an additional 46 shares during the period. Conestoga Capital Advisors LLC boosted its holdings in CSW Industrials by 1.7% in the 3rd quarter. Conestoga Capital Advisors LLC now owns 577,037 shares of the basic materials company's stock worth $211,420,000 after acquiring an additional 9,781 shares during the period. Finally, Congress Asset Management Co. grew its position in CSW Industrials by 3.8% in the third quarter. Congress Asset Management Co. now owns 203,651 shares of the basic materials company's stock valued at $74,616,000 after acquiring an additional 7,405 shares in the last quarter. Hedge funds and other institutional investors own 82.79% of the company's stock.

Insider Activity

In other news, CEO Joseph B. Armes sold 1,000 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $393.34, for a total value of $393,340.00. Following the completion of the transaction, the chief executive officer now owns 51,698 shares of the company's stock, valued at approximately $20,334,891.32. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.40% of the company's stock.

CSW Industrials Trading Down 0.8 %

NASDAQ CSWI traded down $3.52 during trading hours on Wednesday, reaching $414.55. 87,433 shares of the company traded hands, compared to its average volume of 128,851. CSW Industrials, Inc. has a 12 month low of $167.81 and a 12 month high of $428.46. The company has a 50 day moving average of $368.05 and a two-hundred day moving average of $309.72. The stock has a market capitalization of $6.97 billion, a PE ratio of 56.32, a PEG ratio of 3.35 and a beta of 0.78.

CSW Industrials Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, October 25th were paid a $0.24 dividend. This is an increase from CSW Industrials's previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date was Friday, October 25th. CSW Industrials's payout ratio is presently 13.04%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of CSW Industrials from a "hold" rating to a "buy" rating in a research note on Tuesday, November 5th.

About CSW Industrials

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.