CSW Industrials, Inc. (NASDAQ:CSWI) Director Robert M. Swartz Sells 200 Shares

CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) Director Robert M. Swartz sold 200 shares of CSW Industrials stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $354.65, for a total value of $70,930.00. Following the sale, the director now owns 13,719 shares in the company, valued at $4,865,443.35. This represents a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

CSW Industrials Stock Down 0.4 %

Shares of NASDAQ:CSWI traded down $1.28 during trading on Thursday, hitting $351.52. 48,175 shares of the company traded hands, compared to its average volume of 124,285. The business's fifty day moving average is $390.50 and its 200-day moving average is $344.55. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of 47.76 and a beta of 0.81. CSW Industrials, Inc. has a one year low of $200.50 and a one year high of $436.50.

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 represents a $0.96 dividend on an annualized basis and a yield of 0.27%. This is a boost from CSW Industrials's previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, October 25th. CSW Industrials's dividend payout ratio (DPR) is presently 13.04%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CSWI shares. Citigroup upgraded shares of CSW Industrials to a "hold" rating in a research note on Wednesday, November 13th. StockNews.com upgraded CSW Industrials from a "hold" rating to a "buy" rating in a research note on Friday, December 6th. Wells Fargo & Company decreased their target price on CSW Industrials from $425.00 to $410.00 and set an "equal weight" rating for the company in a research report on Tuesday, December 17th. Finally, The Goldman Sachs Group started coverage on CSW Industrials in a research report on Friday, December 6th. They set a "neutral" rating and a $450.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, CSW Industrials has an average rating of "Hold" and an average target price of $430.00.

Hedge Funds Weigh In On CSW Industrials

Several institutional investors have recently modified their holdings of CSWI. Principal Financial Group Inc. boosted its position in CSW Industrials by 1,046.2% during the 3rd quarter. Principal Financial Group Inc. now owns 84,991 shares of the basic materials company's stock worth $31,140,000 after acquiring an additional 77,576 shares during the period. Franklin Resources Inc. lifted its holdings in CSW Industrials by 2,006.7% in the third quarter. Franklin Resources Inc. now owns 57,617 shares of the basic materials company's stock worth $22,702,000 after purchasing an additional 54,882 shares during the period. Tidal Investments LLC increased its stake in CSW Industrials by 142.7% during the 3rd quarter. Tidal Investments LLC now owns 3,526 shares of the basic materials company's stock valued at $1,292,000 after buying an additional 2,073 shares during the period. Sanctuary Advisors LLC raised its position in shares of CSW Industrials by 58.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,768 shares of the basic materials company's stock worth $1,381,000 after buying an additional 1,390 shares in the last quarter. Finally, Anchor Investment Management LLC lifted its stake in shares of CSW Industrials by 2.5% in the 3rd quarter. Anchor Investment Management LLC now owns 1,287 shares of the basic materials company's stock worth $472,000 after acquiring an additional 32 shares during the period. Institutional investors own 82.79% 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.