CSW Industrials, Inc. (NASDAQ:CSWI) Stock Holdings Lifted by Creative Planning

Creative Planning grew its position in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 38.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,387 shares of the basic materials company's stock after purchasing an additional 2,041 shares during the period. Creative Planning's holdings in CSW Industrials were worth $2,707,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of CSW Industrials by 39.1% during the first quarter. Vanguard Group Inc. now owns 1,213,748 shares of the basic materials company's stock valued at $284,745,000 after purchasing an additional 340,904 shares during the period. Conestoga Capital Advisors LLC increased its stake in CSW Industrials by 2.7% during the 2nd quarter. Conestoga Capital Advisors LLC now owns 567,256 shares of the basic materials company's stock valued at $150,499,000 after buying an additional 14,900 shares during the period. Capital World Investors raised its position in shares of CSW Industrials by 956.8% during the 1st quarter. Capital World Investors now owns 376,573 shares of the basic materials company's stock worth $88,344,000 after buying an additional 340,939 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of CSW Industrials during the 2nd quarter worth about $65,595,000. Finally, Bank of New York Mellon Corp lifted its stake in shares of CSW Industrials by 8.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 77,995 shares of the basic materials company's stock worth $20,693,000 after acquiring an additional 6,137 shares during the period. Institutional investors and hedge funds own 82.79% of the company's stock.

Insider Activity at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $393.34, for a total value of $393,340.00. Following the transaction, the chief executive officer now owns 51,698 shares in the company, valued at approximately $20,334,891.32. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a research note on Tuesday, September 17th.

CSW Industrials Price Performance

Shares of CSWI traded up $2.27 during midday trading on Friday, reaching $367.05. The stock had a trading volume of 131,596 shares, compared to its average volume of 129,035. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.73 and a quick ratio of 1.44. The company has a market capitalization of $5.70 billion, a P/E ratio of 56.21, a P/E/G ratio of 2.99 and a beta of 0.77. The firm's 50 day moving average price is $351.06 and its 200-day moving average price is $295.93. CSW Industrials, Inc. has a 52 week low of $167.27 and a 52 week high of $398.80.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last released its earnings results on Wednesday, July 31st. The basic materials company reported $2.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.18 by $0.29. CSW Industrials had a return on equity of 19.19% and a net margin of 13.44%. The firm had revenue of $226.18 million for the quarter, compared to analyst estimates of $215.40 million. During the same period in the previous year, the company earned $1.97 earnings per share. On average, analysts forecast that CSW Industrials, Inc. will post 8.42 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, November 8th. Investors of record on Friday, October 25th will be issued a $0.24 dividend. This is an increase from CSW Industrials's previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Friday, October 25th. CSW Industrials's payout ratio is presently 14.70%.

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.