Zuckerman Investment Group LLC Has $26.15 Million Holdings in CSW Industrials, Inc. (NASDAQ:CSWI)

Zuckerman Investment Group LLC reduced its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 7.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 81,139 shares of the basic materials company's stock after selling 6,888 shares during the period. CSW Industrials comprises 2.6% of Zuckerman Investment Group LLC's investment portfolio, making the stock its 10th biggest position. Zuckerman Investment Group LLC owned approximately 0.48% of CSW Industrials worth $26,153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of CSWI. National Bank of Canada FI bought a new stake in CSW Industrials in the 3rd quarter valued at about $28,000. IFP Advisors Inc boosted its holdings in CSW Industrials by 510.5% in the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company's stock worth $42,000 after buying an additional 97 shares during the period. GAMMA Investing LLC grew its stake in CSW Industrials by 94.3% in the 4th quarter. GAMMA Investing LLC now owns 136 shares of the basic materials company's stock valued at $48,000 after buying an additional 66 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of CSW Industrials during the fourth quarter worth $51,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of CSW Industrials by 300.0% in the fourth quarter. Jones Financial Companies Lllp now owns 164 shares of the basic materials company's stock worth $58,000 after acquiring an additional 123 shares during the period. Hedge funds and other institutional investors own 82.79% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. StockNews.com cut CSW Industrials from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Citigroup reduced their price objective on shares of CSW Industrials from $364.00 to $313.00 and set a "neutral" rating for the company in a research note on Monday. Wells Fargo & Company lowered their target price on shares of CSW Industrials from $350.00 to $295.00 and set an "equal weight" rating on the stock in a research note on Monday. The Goldman Sachs Group decreased their price target on shares of CSW Industrials from $450.00 to $400.00 and set a "neutral" rating on the stock in a report on Tuesday, January 14th. Finally, Truist Financial started coverage on CSW Industrials in a research report on Friday, February 14th. They set a "hold" rating and a $362.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $342.50.

CSW Industrials Stock Performance

CSWI traded down $0.16 during midday trading on Tuesday, hitting $298.92. The stock had a trading volume of 45,094 shares, compared to its average volume of 133,859. CSW Industrials, Inc. has a 1 year low of $229.49 and a 1 year high of $436.50. The business has a fifty day moving average of $298.03 and a 200 day moving average of $351.69. The company has a market cap of $5.02 billion, a P/E ratio of 35.71 and a beta of 0.88.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last issued its earnings results on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. On average, equities research analysts anticipate that CSW Industrials, Inc. will post 8.49 earnings per share for the current year.

CSW Industrials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be issued a $0.27 dividend. The ex-dividend date is Friday, April 25th. This is a positive change from CSW Industrials's previous quarterly dividend of $0.24. This represents a $1.08 annualized dividend and a yield of 0.36%. CSW Industrials's dividend payout ratio is 12.90%.

Insider Buying and Selling

In related news, Director Robert M. Swartz sold 200 shares of the firm's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total transaction of $57,820.00. Following the completion of the transaction, the director now owns 13,119 shares of the company's stock, valued at $3,792,702.90. This trade represents a 1.50 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP James E. Perry sold 145 shares of CSW Industrials stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total transaction of $41,919.50. Following the completion of the transaction, the executive vice president now directly owns 23,137 shares of the company's stock, valued at $6,688,906.70. This trade represents a 0.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,012 shares of company stock valued at $2,588,521 over the last three months. 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.