CSW Industrials, Inc. (NASDAQ:CSWI) Shares Bought by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC raised its position in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 1.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 577,037 shares of the basic materials company's stock after purchasing an additional 9,781 shares during the period. CSW Industrials comprises about 2.9% of Conestoga Capital Advisors LLC's investment portfolio, making the stock its 13th largest position. Conestoga Capital Advisors LLC owned about 3.71% of CSW Industrials worth $211,420,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. GAMMA Investing LLC grew its position in shares of CSW Industrials by 105.9% in the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 36 shares during the period. V Square Quantitative Management LLC purchased a new stake in CSW Industrials in the 3rd quarter valued at about $30,000. Contravisory Investment Management Inc. increased its stake in shares of CSW Industrials by 48.1% during the 2nd quarter. Contravisory Investment Management Inc. now owns 117 shares of the basic materials company's stock valued at $31,000 after acquiring an additional 38 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of CSW Industrials by 508.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company's stock worth $76,000 after acquiring an additional 173 shares during the period. Finally, Blue Trust Inc. boosted its position in shares of CSW Industrials by 2,518.2% in the third quarter. Blue Trust Inc. now owns 288 shares of the basic materials company's stock worth $106,000 after acquiring an additional 277 shares during the last quarter. 82.79% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $341.37, for a total value of $341,370.00. Following the completion of the transaction, the chief executive officer now owns 51,579 shares in the company, valued at approximately $17,607,523.23. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.40% of the company's stock.

CSW Industrials Stock Up 1.5 %

Shares of CSWI stock traded up $5.35 on Friday, hitting $358.45. The stock had a trading volume of 142,879 shares, compared to its average volume of 129,660. The stock's 50 day moving average is $354.94 and its 200-day moving average is $298.97. The firm has a market capitalization of $5.57 billion, a price-to-earnings ratio of 48.70, a P/E/G ratio of 2.85 and a beta of 0.77. CSW Industrials, Inc. has a 52-week low of $167.27 and a 52-week high of $398.80. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.44 and a current ratio of 2.73.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The basic materials company reported $2.26 EPS for the quarter, beating analysts' consensus estimates of $2.19 by $0.07. CSW Industrials had a return on equity of 19.91% and a net margin of 13.77%. The firm had revenue of $227.93 million during the quarter, compared to the consensus estimate of $217.95 million. As a group, research analysts expect that CSW Industrials, Inc. will post 8.42 earnings per share for the current year.

CSW Industrials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Friday, October 25th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend is Friday, October 25th. This is a positive change from CSW Industrials's previous quarterly dividend of $0.21. CSW Industrials's dividend payout ratio is 13.04%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut CSW Industrials from a "buy" rating to a "hold" rating in a report on Tuesday, September 17th.

CSW Industrials Company 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.