CSW Industrials, Inc. (NASDAQ:CSWI) Shares Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC boosted its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 35,553.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 202,154 shares of the basic materials company's stock after acquiring an additional 201,587 shares during the period. Proficio Capital Partners LLC owned 1.20% of CSW Industrials worth $71,320,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. State Street Corp increased its position in CSW Industrials by 71.7% during the third quarter. State Street Corp now owns 612,696 shares of the basic materials company's stock worth $224,486,000 after purchasing an additional 255,849 shares during the last quarter. Conestoga Capital Advisors LLC grew its position in CSW Industrials by 1.7% in the third quarter. Conestoga Capital Advisors LLC now owns 577,037 shares of the basic materials company's stock worth $211,420,000 after acquiring an additional 9,781 shares during the period. Geode Capital Management LLC increased its stake in CSW Industrials by 7.4% during the third quarter. Geode Capital Management LLC now owns 388,954 shares of the basic materials company's stock worth $142,536,000 after acquiring an additional 26,728 shares during the last quarter. Congress Asset Management Co. raised its position in CSW Industrials by 1.2% in the fourth quarter. Congress Asset Management Co. now owns 206,195 shares of the basic materials company's stock valued at $72,745,000 after purchasing an additional 2,544 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of CSW Industrials by 13.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 168,369 shares of the basic materials company's stock worth $61,689,000 after purchasing an additional 19,659 shares during the period. Institutional investors and hedge funds own 82.79% of the company's stock.

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CSW Industrials Stock Down 0.7 %

NASDAQ:CSWI traded down $2.07 during mid-day trading on Monday, reaching $304.02. 216,949 shares of the stock were exchanged, compared to its average volume of 120,831. The stock has a market capitalization of $5.10 billion, a P/E ratio of 36.32 and a beta of 0.84. CSW Industrials, Inc. has a 1 year low of $221.10 and a 1 year high of $436.50. The company has a 50 day simple moving average of $343.87 and a 200-day simple moving average of $361.39.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last announced its earnings results on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, beating 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%. As a group, research analysts predict that CSW Industrials, Inc. will post 8.49 EPS for the current year.

CSW Industrials Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were issued a $0.24 dividend. The ex-dividend date was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.32%. CSW Industrials's payout ratio is 11.47%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Citigroup lowered their target price on shares of CSW Industrials from $466.00 to $404.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. Truist Financial assumed coverage on CSW Industrials in a report on Friday, February 14th. They issued a "hold" rating and a $362.00 price objective on the stock. StockNews.com downgraded CSW Industrials from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. The Goldman Sachs Group dropped 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 note on Tuesday, January 14th. Finally, Wells Fargo & Company reduced their price objective on shares of CSW Industrials from $410.00 to $350.00 and set an "equal weight" rating for the company in a research report on Friday, January 31st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, CSW Industrials has an average rating of "Hold" and an average price target of $379.00.

Insider Transactions at CSW Industrials

In other news, Director Robert M. Swartz sold 200 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $354.65, for a total value of $70,930.00. Following the transaction, the director now owns 13,719 shares of the company's stock, valued at approximately $4,865,443.35. The trade was a 1.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Joseph B. Armes sold 1,000 shares of the company's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $389.78, for a total value of $389,780.00. Following the sale, the chief executive officer now owns 49,698 shares of the company's stock, valued at $19,371,286.44. This trade represents a 1.97 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,103 shares of company stock worth $3,437,104. Company insiders own 1.40% of the company's stock.

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.