CSW Industrials, Inc. (NASDAQ:CSWI) Receives $379.00 Average Target Price from Analysts

CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) has received a consensus recommendation of "Hold" from the five brokerages that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $379.00.

Several equities analysts have commented on the stock. Truist Financial assumed coverage on shares of CSW Industrials in a research note on Friday, February 14th. They issued a "hold" rating and a $362.00 price target on the stock. StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a research note on Monday, February 3rd. Citigroup decreased their price objective on shares of CSW Industrials from $466.00 to $404.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. Wells Fargo & Company dropped their price objective on CSW Industrials from $410.00 to $350.00 and set an "equal weight" rating on the stock in a report on Friday, January 31st. Finally, The Goldman Sachs Group decreased their target price on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a research report on Tuesday, January 14th.

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Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, Director Robert M. Swartz sold 200 shares of the business's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $307.21, for a total value of $61,442.00. Following the transaction, the director now directly owns 13,319 shares of the company's stock, valued at approximately $4,091,729.99. The trade was a 1.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO James E. Perry sold 145 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $307.77, for a total transaction of $44,626.65. Following the transaction, the chief financial officer now owns 23,282 shares of the company's stock, valued at approximately $7,165,501.14. The trade was a 0.62 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,448 shares of company stock worth $3,543,172. 1.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CSW Industrials

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in CSW Industrials by 111.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 51,306 shares of the basic materials company's stock worth $18,101,000 after acquiring an additional 27,042 shares during the period. Sovereign s Capital Management LLC acquired a new position in shares of CSW Industrials during the 4th quarter worth $403,000. Squarepoint Ops LLC purchased a new position in shares of CSW Industrials in the 4th quarter valued at about $2,013,000. Twinbeech Capital LP acquired a new stake in shares of CSW Industrials in the fourth quarter valued at about $262,000. Finally, Sherbrooke Park Advisers LLC purchased a new stake in CSW Industrials during the fourth quarter worth about $252,000. Institutional investors and hedge funds own 82.79% of the company's stock.

CSW Industrials Stock Performance

Shares of NASDAQ:CSWI traded up $7.24 during trading hours on Tuesday, reaching $291.01. The stock had a trading volume of 152,465 shares, compared to its average volume of 122,567. CSW Industrials has a 1 year low of $221.10 and a 1 year high of $436.50. The firm's 50 day moving average is $333.14 and its 200-day moving average is $359.68. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of 34.77 and a beta of 0.80.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share for the quarter, beating 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%. Analysts forecast that CSW Industrials will post 8.49 EPS for the current year.

CSW Industrials Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a yield of 0.33%. CSW Industrials's payout ratio is 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.