B. Metzler seel. Sohn & Co. Holding AG Takes $2.31 Million Position in CSW Industrials, Inc. (NASDAQ:CSWI)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,290 shares of the basic materials company's stock, valued at approximately $2,305,000.

A number of other large investors have also recently bought and sold shares of CSWI. Vanguard Group Inc. boosted its holdings in shares of CSW Industrials by 39.1% during the first quarter. Vanguard Group Inc. now owns 1,213,748 shares of the basic materials company's stock worth $284,745,000 after purchasing an additional 340,904 shares during the last quarter. Conestoga Capital Advisors LLC boosted its holdings in shares of CSW Industrials by 1.7% during the third quarter. Conestoga Capital Advisors LLC now owns 577,037 shares of the basic materials company's stock worth $211,420,000 after purchasing an additional 9,781 shares during the last quarter. Capital World Investors boosted its holdings 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 purchasing an additional 340,939 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. Finally, Congress Asset Management Co. boosted its holdings in shares of CSW Industrials by 3.8% during the third quarter. Congress Asset Management Co. now owns 203,651 shares of the basic materials company's stock worth $74,616,000 after purchasing an additional 7,405 shares during the last quarter. Institutional investors and hedge funds own 82.79% of the company's stock.

Analyst Ratings Changes

CSWI has been the topic of several research reports. Citigroup raised CSW Industrials to a "hold" rating in a research report on Wednesday, November 13th. StockNews.com lowered CSW Industrials from a "buy" rating to a "hold" rating in a research report on Thursday, November 14th.

CSW Industrials Price Performance

NASDAQ:CSWI traded up $11.00 during mid-day trading on Friday, reaching $426.66. The stock had a trading volume of 161,931 shares, compared to its average volume of 127,568. The company has a market capitalization of $7.17 billion, a price-to-earnings ratio of 57.97, a price-to-earnings-growth ratio of 3.34 and a beta of 0.78. CSW Industrials, Inc. has a 1-year low of $172.97 and a 1-year high of $428.46. The stock's 50 day simple moving average is $380.25 and its two-hundred day simple moving average is $316.34.

CSW Industrials Increases Dividend

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

Insider Buying and Selling at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of the business'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 transaction, the chief executive officer now directly owns 50,698 shares in the company, valued at $20,522,043.42. The trade was a 1.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last 90 days, insiders have sold 3,000 shares of company stock valued at $1,139,500. Corporate 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.