Van Hulzen Asset Management LLC Acquires 328 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Van Hulzen Asset Management LLC lifted its holdings in CSW Industrials, Inc. (NASDAQ:CSWI) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,058 shares of the basic materials company’s stock after purchasing an additional 328 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in CSW Industrials were worth $2,403,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. raised its holdings in CSW Industrials by 48.1% during 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 in the last quarter. Harbor Investment Advisory LLC bought a new position in shares of CSW Industrials in the first quarter valued at $58,000. Simplex Trading LLC acquired a new position in CSW Industrials during the fourth quarter worth $93,000. SG Americas Securities LLC bought a new stake in CSW Industrials during the first quarter worth $148,000. Finally, Russell Investments Group Ltd. lifted its stake in CSW Industrials by 20,750.0% in the first quarter. Russell Investments Group Ltd. now owns 834 shares of the basic materials company’s stock valued at $196,000 after acquiring an additional 830 shares during the last quarter. 82.79% of the stock is owned by institutional investors.

Insider Transactions at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $285.79, for a total transaction of $285,790.00. Following the completion of the sale, the chief executive officer now directly owns 53,579 shares of the company’s stock, valued at approximately $15,312,342.41. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on CSWI shares. CL King began coverage on shares of CSW Industrials in a research note on Friday, June 21st. They set a “buy” rating on the stock. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd.

CSW Industrials Stock Up 9.9 %

CSWI opened at $313.29 on Tuesday. The stock’s fifty day simple moving average is $301.17 and its 200 day simple moving average is $264.20. CSW Industrials, Inc. has a 1-year low of $167.27 and a 1-year high of $337.63. The stock has a market cap of $4.87 billion, a PE ratio of 47.98, a price-to-earnings-growth ratio of 2.25 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.

CSW Industrials (NASDAQ:CSWI) last issued its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.29. The company had revenue of $226.18 million for the quarter, compared to analyst estimates of $215.40 million. CSW Industrials had a net margin of 13.44% and a return on equity of 19.19%. During the same period in the prior year, the firm earned $1.97 earnings per share. As a group, research analysts expect that CSW Industrials, Inc. will post 8.45 earnings per share for the current year.

CSW Industrials Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, July 26th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, July 26th. This represents a $0.84 annualized dividend and a yield of 0.27%. CSW Industrials’s dividend payout ratio (DPR) is presently 12.86%.

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.