Montanaro Asset Management Ltd Has $12.35 Million Stock Holdings in CSW Industrials, Inc. (NASDAQ:CSWI)

Montanaro Asset Management Ltd decreased its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 22.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 35,000 shares of the basic materials company's stock after selling 10,000 shares during the period. CSW Industrials makes up 2.5% of Montanaro Asset Management Ltd's holdings, making the stock its 16th largest position. Montanaro Asset Management Ltd owned 0.21% of CSW Industrials worth $12,348,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CSWI. National Bank of Canada FI bought a new position in CSW Industrials during the 3rd quarter worth approximately $28,000. IFP Advisors Inc grew its holdings in shares of CSW Industrials by 510.5% in the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company's stock valued at $42,000 after buying an additional 97 shares during the period. GAMMA Investing LLC increased its position in shares of 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. bought a new position in CSW Industrials during the fourth quarter worth about $51,000. Finally, Jones Financial Companies Lllp lifted its holdings in CSW Industrials by 300.0% during 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 in the last quarter. Institutional investors and hedge funds own 82.79% of the company's stock.

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Insiders Place Their Bets

In other CSW Industrials news, CFO James E. Perry sold 145 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $307.77, for a total transaction of $44,626.65. Following the completion of the sale, the chief financial officer now owns 23,282 shares of the company's stock, valued at $7,165,501.14. This trade represents a 0.62 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Don Sullivan sold 2,222 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $292.12, for a total transaction of $649,090.64. Following the completion of the transaction, the executive vice president now owns 24,853 shares in the company, valued at approximately $7,260,058.36. This represents a 8.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,389 shares of company stock valued at $3,104,831 in the last 90 days. 1.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

CSWI has been the topic of a number of research analyst reports. StockNews.com lowered CSW Industrials from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. Truist Financial started 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 on the stock. The Goldman Sachs Group lowered their price objective on shares of CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a research report on Tuesday, January 14th. Citigroup cut their price objective on shares of CSW Industrials from $466.00 to $404.00 and set a "neutral" rating on the stock in a research report on Monday, January 13th. Finally, Wells Fargo & Company lowered their target price on CSW Industrials from $410.00 to $350.00 and set an "equal weight" rating for the company in a report on Friday, January 31st. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $379.00.

CSW Industrials Stock Down 1.3 %

Shares of CSWI stock traded down $3.64 during trading on Monday, reaching $286.55. The company's stock had a trading volume of 9,462 shares, compared to its average volume of 129,818. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 34.22 and a beta of 0.80. CSW Industrials, Inc. has a one year low of $226.05 and a one year high of $436.50. The business has a fifty day moving average price of $317.00 and a 200-day moving average price of $358.41.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, topping 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%. Research analysts anticipate that CSW Industrials, Inc. will post 8.49 EPS for the current year.

CSW Industrials Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a $0.24 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a yield of 0.34%. CSW Industrials's dividend payout ratio is 11.47%.

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.