CSW Industrials, Inc. (NASDAQ:CSWI) Given Average Rating of "Hold" by Analysts

Shares of CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) have been given a consensus recommendation of "Hold" by the five research firms that are currently covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $379.00.

A number of brokerages have weighed in on CSWI. The Goldman Sachs Group reduced their price target on shares of CSW Industrials from $450.00 to $400.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 14th. Truist Financial began coverage on shares of CSW Industrials in a research report on Friday, February 14th. They set a "hold" rating and a $362.00 price target for the company. StockNews.com lowered CSW Industrials from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. Citigroup decreased their target price 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. Finally, Wells Fargo & Company cut their price objective on shares of CSW Industrials from $410.00 to $350.00 and set an "equal weight" rating on the stock in a report on Friday, January 31st.

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Insider Transactions at CSW Industrials

In other news, Director Robert M. Swartz sold 200 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $321.78, for a total value of $64,356.00. Following the completion of the sale, the director now directly owns 13,519 shares in the company, valued at approximately $4,350,143.82. The trade was a 1.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP James E. Perry sold 145 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $289.10, for a total value of $41,919.50. Following the sale, the executive vice president now directly owns 23,137 shares in the company, valued at approximately $6,688,906.70. This represents a 0.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,534 shares of company stock valued at $3,133,640. Insiders own 1.40% of the company's stock.

Institutional Trading of CSW Industrials

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp boosted its holdings in shares of CSW Industrials by 71.7% in the 3rd quarter. State Street Corp now owns 612,696 shares of the basic materials company's stock valued at $224,486,000 after buying an additional 255,849 shares during the period. Proficio Capital Partners LLC boosted its stake in CSW Industrials by 35,553.3% in the fourth quarter. Proficio Capital Partners LLC now owns 202,154 shares of the basic materials company's stock valued at $71,320,000 after acquiring an additional 201,587 shares during the period. Norges Bank bought a new position in shares of CSW Industrials during the fourth quarter valued at approximately $59,250,000. Riverbridge Partners LLC acquired a new stake in shares of CSW Industrials during the 4th quarter worth approximately $42,202,000. Finally, GAMMA Investing LLC lifted its holdings in shares of CSW Industrials by 63,348.5% in the 1st quarter. GAMMA Investing LLC now owns 86,290 shares of the basic materials company's stock worth $25,155,000 after purchasing an additional 86,154 shares during the last quarter. Institutional investors own 82.79% of the company's stock.

CSW Industrials Stock Down 4.6 %

Shares of NASDAQ CSWI traded down $13.13 during trading on Friday, hitting $274.98. 38,496 shares of the company traded hands, compared to its average volume of 132,744. The firm has a market capitalization of $4.62 billion, a P/E ratio of 32.85 and a beta of 0.88. The company has a 50-day moving average price of $299.75 and a 200-day moving average price of $353.38. CSW Industrials has a 1 year low of $229.49 and a 1 year high of $436.50.

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 (EPS) 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%. Research analysts predict that CSW Industrials will post 8.49 EPS for the current fiscal year.

CSW Industrials Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid 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 0.35%. CSW Industrials's dividend payout ratio (DPR) is 11.47%.

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.