CSW Industrials, Inc. (NASDAQ:CSWI) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC reduced its position in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,652 shares of the basic materials company's stock after selling 1,036 shares during the quarter. Great Lakes Advisors LLC owned about 0.15% of CSW Industrials worth $8,697,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp grew its holdings in CSW Industrials by 71.7% in the third quarter. State Street Corp now owns 612,696 shares of the basic materials company's stock worth $224,486,000 after purchasing an additional 255,849 shares during the last quarter. Geode Capital Management LLC grew its holdings in CSW Industrials by 7.4% in the third quarter. Geode Capital Management LLC now owns 388,954 shares of the basic materials company's stock worth $142,536,000 after purchasing an additional 26,728 shares during the last quarter. Congress Asset Management Co. grew its holdings in CSW Industrials by 1.2% in the fourth quarter. Congress Asset Management Co. now owns 206,195 shares of the basic materials company's stock worth $72,745,000 after purchasing an additional 2,544 shares during the last quarter. Proficio Capital Partners LLC grew its holdings 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 worth $71,320,000 after purchasing an additional 201,587 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in CSW Industrials by 4.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 175,131 shares of the basic materials company's stock worth $61,786,000 after purchasing an additional 6,762 shares during the last quarter. 82.79% of the stock is owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In other CSW Industrials news, EVP Don Sullivan sold 1,965 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $387.15, for a total value of $760,749.75. Following the completion of the transaction, the executive vice president now owns 30,804 shares in the company, valued at approximately $11,925,768.60. This represents a 6.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Joseph B. Armes sold 1,000 shares of the company's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $389.78, for a total transaction of $389,780.00. Following the transaction, the chief executive officer now owns 49,698 shares of the company's stock, valued at approximately $19,371,286.44. This trade represents a 1.97 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,448 shares of company stock worth $3,543,172. Company insiders own 1.40% of the company's stock.

CSW Industrials Stock Performance

NASDAQ CSWI traded up $7.24 on Friday, reaching $291.01. 152,465 shares of the company's stock traded hands, compared to its average volume of 122,266. The firm has a market cap of $4.88 billion, a price-to-earnings ratio of 34.77 and a beta of 0.80. The stock has a 50 day moving average price of $331.80 and a 200-day moving average price of $359.66. CSW Industrials, Inc. has a fifty-two week low of $221.10 and a fifty-two week high of $436.50.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last posted its 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 net margin of 15.53% and a return on equity of 15.72%. As a group, equities research analysts anticipate that CSW Industrials, Inc. will post 8.49 EPS for the current fiscal year.

CSW Industrials Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were given a $0.24 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.33%. CSW Industrials's dividend payout ratio (DPR) is currently 11.47%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CSWI. The Goldman Sachs Group dropped their price objective 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. StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Wells Fargo & Company dropped 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. Truist Financial began coverage on shares of CSW Industrials in a report on Friday, February 14th. They set a "hold" rating and a $362.00 price objective on the stock. Finally, Citigroup dropped their price objective on shares of CSW Industrials from $466.00 to $404.00 and set a "neutral" rating on the stock in a report on Monday, January 13th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $379.00.

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.