EAM Global Investors LLC Has $3.76 Million Position in CSW Industrials, Inc. (NASDAQ:CSWI)

EAM Global Investors LLC cut its holdings in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 15.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,644 shares of the basic materials company's stock after selling 1,967 shares during the period. EAM Global Investors LLC owned about 0.06% of CSW Industrials worth $3,755,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Anchor Investment Management LLC grew its position in shares of CSW Industrials by 2.5% during the third 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 last quarter. Atria Investments Inc grew its position in CSW Industrials by 1.4% in the 4th quarter. Atria Investments Inc now owns 2,367 shares of the basic materials company's stock worth $835,000 after purchasing an additional 32 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in CSW Industrials by 0.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,934 shares of the basic materials company's stock worth $1,388,000 after purchasing an additional 34 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of CSW Industrials by 1.0% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,590 shares of the basic materials company's stock valued at $1,267,000 after purchasing an additional 35 shares during the period. Finally, Morse Asset Management Inc raised its holdings in shares of CSW Industrials by 2.3% during the third quarter. Morse Asset Management Inc now owns 1,621 shares of the basic materials company's stock valued at $594,000 after buying an additional 36 shares during the last quarter. Institutional investors own 82.79% of the company's stock.

Analyst Ratings Changes

CSWI has been the topic of several analyst reports. The Goldman Sachs Group lowered their target price on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 14th. Wells Fargo & Company reduced their price objective on shares of CSW Industrials from $350.00 to $295.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. StockNews.com cut shares of CSW Industrials from a "buy" rating to a "hold" rating in a research note on Monday, February 3rd. 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 for the company. Finally, Citigroup lowered their price objective on shares of CSW Industrials from $364.00 to $313.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $342.50.

Insider Activity

In other news, SVP Luke Alverson sold 919 shares of the stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $303.21, for a total value of $278,649.99. Following the completion of the sale, the senior vice president now directly owns 14,353 shares of the company's stock, valued at $4,351,973.13. This represents a 6.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert M. Swartz sold 200 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $307.21, for a total transaction of $61,442.00. Following the sale, the director now owns 13,319 shares of the company's stock, valued at approximately $4,091,729.99. This represents a 1.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,631 shares of company stock worth $2,551,912 over the last quarter. Corporate insiders own 1.40% of the company's stock.

CSW Industrials Stock Up 1.0 %

NASDAQ:CSWI traded up $3.07 during trading hours on Friday, reaching $298.43. 68,468 shares of the company's stock were exchanged, compared to its average volume of 134,869. The company has a market capitalization of $5.01 billion, a P/E ratio of 35.65 and a beta of 0.88. CSW Industrials, Inc. has a 12 month low of $231.09 and a 12 month high of $436.50. The business's 50-day simple moving average is $295.74 and its two-hundred day simple moving average is $350.01.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last issued its earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share (EPS) for the quarter, topping 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%. As a group, sell-side analysts anticipate that CSW Industrials, Inc. will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Increases Dividend

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

CSW Industrials 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.