CSW Industrials, Inc. (NASDAQ:CSWI) Shares Acquired by WCM Investment Management LLC

WCM Investment Management LLC increased its stake in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,553 shares of the basic materials company's stock after acquiring an additional 2,945 shares during the period. WCM Investment Management LLC owned approximately 0.47% of CSW Industrials worth $29,412,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC boosted 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 worth $26,000 after acquiring an additional 36 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of CSW Industrials in the third quarter worth approximately $30,000. Contravisory Investment Management Inc. boosted its position in shares of CSW Industrials by 48.1% in the second quarter. Contravisory Investment Management Inc. now owns 117 shares of the basic materials company's stock worth $31,000 after acquiring an additional 38 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in CSW Industrials by 508.8% during the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company's stock valued at $76,000 after buying an additional 173 shares in the last quarter. Finally, Covestor Ltd lifted its position in CSW Industrials by 17.4% during the third quarter. Covestor Ltd now owns 263 shares of the basic materials company's stock valued at $96,000 after buying an additional 39 shares in the last quarter. 82.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $393.34, for a total transaction of $393,340.00. Following the completion of the sale, the chief executive officer now owns 51,698 shares in the company, valued at $20,334,891.32. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.40% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of CSW Industrials from a "hold" rating to a "buy" rating in a research report on Tuesday, November 5th.

CSW Industrials Price Performance

Shares of NASDAQ:CSWI traded up $2.95 during midday trading on Monday, reaching $423.00. The company had a trading volume of 62,269 shares, compared to its average volume of 129,204. The stock's fifty day moving average price is $362.34 and its 200-day moving average price is $306.42. The stock has a market capitalization of $7.11 billion, a P/E ratio of 57.58, a PEG ratio of 3.37 and a beta of 0.78. CSW Industrials, Inc. has a one year low of $167.77 and a one year high of $425.14.

CSW Industrials Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Friday, October 25th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend was Friday, October 25th. This is a positive change from CSW Industrials's previous quarterly dividend of $0.21. CSW Industrials's payout ratio is 13.04%.

About CSW Industrials

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.