Moody Aldrich Partners LLC decreased its position in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 20.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,311 shares of the basic materials company's stock after selling 3,473 shares during the period. Moody Aldrich Partners LLC owned 0.09% of CSW Industrials worth $4,877,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in CSW Industrials by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 872,844 shares of the basic materials company's stock worth $181,037,000 after acquiring an additional 18,481 shares in the last quarter. Park Avenue Securities LLC boosted its stake in CSW Industrials by 33.6% in the 1st quarter. Park Avenue Securities LLC now owns 2,038 shares of the basic materials company's stock worth $478,000 after purchasing an additional 512 shares in the last quarter. Congress Wealth Management LLC DE grew its position in CSW Industrials by 690.6% during the 1st quarter. Congress Wealth Management LLC DE now owns 28,905 shares of the basic materials company's stock worth $6,781,000 after purchasing an additional 25,249 shares during the last quarter. Azzad Asset Management Inc. ADV increased its stake in CSW Industrials by 1.6% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 3,826 shares of the basic materials company's stock valued at $898,000 after purchasing an additional 59 shares in the last quarter. Finally, Norden Group LLC acquired a new position in CSW Industrials during the 1st quarter valued at approximately $351,000. 82.79% of the stock is currently owned by institutional investors and hedge funds.
CSW Industrials Stock Performance
Shares of CSWI stock traded down $16.42 during mid-day trading on Thursday, reaching $365.02. The stock had a trading volume of 312,557 shares, compared to its average volume of 129,023. CSW Industrials, Inc. has a 1-year low of $167.27 and a 1-year high of $398.80. The firm has a market cap of $5.67 billion, a price-to-earnings ratio of 55.90, a PEG ratio of 2.99 and a beta of 0.77. The company has a current ratio of 2.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.18. The business's fifty day moving average is $349.92 and its 200-day moving average is $294.64.
CSW Industrials (NASDAQ:CSWI - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The basic materials company reported $2.47 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.29. CSW Industrials had a net margin of 13.44% and a return on equity of 19.19%. The company had revenue of $226.18 million for the quarter, compared to the consensus estimate of $215.40 million. During the same quarter in the prior year, the company earned $1.97 EPS. On average, research analysts forecast that CSW Industrials, Inc. will post 8.42 earnings per share for the current year.
CSW Industrials Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Investors of record on Friday, October 25th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, October 25th. This is a boost from CSW Industrials's previous quarterly dividend of $0.21. CSW Industrials's dividend payout ratio (DPR) is 14.70%.
Insider Activity at CSW Industrials
In other news, CEO Joseph B. Armes sold 1,000 shares of the company's stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $393.34, for a total value of $393,340.00. Following the sale, the chief executive officer now owns 51,698 shares in the company, valued at $20,334,891.32. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.40% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Separately, StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a report on Tuesday, September 17th.
Get Our Latest Stock Analysis on CSWI
About CSW Industrials
(
Free Report)
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.
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