Robert M. Swartz Sells 200 Shares of CSW Industrials, Inc. (NASDAQ:CSWI) Stock

CSW Industrials, Inc. (NASDAQ:CSWI - Get Free Report) Director Robert M. Swartz sold 200 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total value of $57,820.00. Following the completion of the transaction, the director now owns 13,119 shares in the company, valued at $3,792,702.90. This represents a 1.50 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

CSW Industrials Price Performance

Shares of CSWI traded down $6.44 during trading hours on Friday, hitting $263.79. The stock had a trading volume of 205,147 shares, compared to its average volume of 131,978. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 31.52 and a beta of 0.88. The company's fifty day moving average is $307.01 and its two-hundred day moving average is $356.43. CSW Industrials, Inc. has a 52 week low of $229.49 and a 52 week high of $436.50.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 earnings per share 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%. Equities analysts predict that CSW Industrials, Inc. will post 8.49 EPS for the current fiscal year.

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CSW Industrials Dividend Announcement

The firm 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 was Friday, January 31st. This represents a $0.96 annualized dividend and a yield of 0.36%. CSW Industrials's payout ratio is 11.47%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CSWI shares. Wells Fargo & Company decreased their price target on CSW Industrials from $410.00 to $350.00 and set an "equal weight" rating for the company in a research note on Friday, January 31st. StockNews.com downgraded CSW Industrials from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. Truist Financial assumed coverage on shares of CSW Industrials in a research report on Friday, February 14th. They set a "hold" rating and a $362.00 target price on the stock. 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 research report on Tuesday, January 14th. Finally, Citigroup cut 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 report on Monday, January 13th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $379.00.

Hedge Funds Weigh In On CSW Industrials

A number of institutional investors and hedge funds have recently bought and sold shares of CSWI. Anchor Investment Management LLC raised its holdings in shares of CSW Industrials by 2.5% in the third quarter. Anchor Investment Management LLC now owns 1,287 shares of the basic materials company's stock valued at $472,000 after buying an additional 32 shares during the last quarter. Atria Investments Inc raised its stake in shares of CSW Industrials by 1.4% in the fourth quarter. Atria Investments Inc now owns 2,367 shares of the basic materials company's stock worth $835,000 after acquiring an additional 32 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its position in shares of CSW Industrials by 0.9% during the fourth 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 in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of CSW Industrials by 1.0% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,590 shares of the basic materials company's stock worth $1,267,000 after purchasing an additional 35 shares in the last quarter. Finally, Morse Asset Management Inc grew its stake 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 purchasing an additional 36 shares during the last quarter. Institutional investors and hedge funds own 82.79% of the company's stock.

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.