B. Metzler seel. Sohn & Co. AG Lowers Holdings in CSW Industrials, Inc. (NASDAQ:CSWI)

B. Metzler seel. Sohn & Co. AG reduced its position in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,459 shares of the basic materials company’s stock after selling 831 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in CSW Industrials were worth $1,926,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. National Bank of Canada FI purchased a new stake in shares of CSW Industrials during the 3rd quarter valued at $28,000. IFP Advisors Inc raised its position in CSW Industrials by 510.5% during the fourth quarter. IFP Advisors Inc now owns 116 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 97 shares in the last quarter. GAMMA Investing LLC raised its position in CSW Industrials by 94.3% during the fourth quarter. GAMMA Investing LLC now owns 136 shares of the basic materials company’s stock valued at $48,000 after purchasing an additional 66 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in CSW Industrials during the fourth quarter worth about $51,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of CSW Industrials by 300.0% in the 4th quarter. Jones Financial Companies Lllp now owns 164 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 123 shares in the last quarter. 82.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. The Goldman Sachs Group dropped their target price on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. Wells Fargo & Company cut 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 note on Friday, January 31st. Citigroup decreased their target price on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. StockNews.com lowered shares of CSW Industrials from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Truist Financial began 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. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $379.00.

CSW Industrials Stock Up 2.4 %

Shares of CSW Industrials stock opened at $303.04 on Thursday. The firm has a market cap of $5.09 billion, a PE ratio of 36.21 and a beta of 0.88. The company’s fifty day simple moving average is $311.29 and its two-hundred day simple moving average is $357.48. CSW Industrials, Inc. has a 12-month low of $227.31 and a 12-month high of $436.50.

CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.11. CSW Industrials had a return on equity of 15.72% and a net margin of 15.53%. As a group, sell-side analysts expect that CSW Industrials, Inc. will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders 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 annualized dividend and a yield of 0.32%. CSW Industrials’s dividend payout ratio (DPR) is presently 11.47%.

Insider Transactions at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $378.32, for a total value of $378,320.00. Following the completion of the transaction, the chief executive officer now owns 48,848 shares in the company, valued at $18,480,175.36. This trade represents a 2.01 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP James E. Perry sold 145 shares of the stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total value of $41,919.50. Following the completion of the transaction, the executive vice president now owns 23,137 shares of the company’s stock, valued at approximately $6,688,906.70. This trade represents a 0.62 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,534 shares of company stock valued at $3,133,640. Company insiders own 1.40% of the company’s stock.

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.