Moody Aldrich Partners LLC Sells 289 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Moody Aldrich Partners LLC trimmed its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 2.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,022 shares of the basic materials company’s stock after selling 289 shares during the period. Moody Aldrich Partners LLC owned 0.08% of CSW Industrials worth $4,594,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. State Street Corp grew its holdings in CSW Industrials by 71.7% in 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 period. Riverbridge Partners LLC bought a new position in CSW Industrials during the 4th quarter valued at approximately $42,202,000. Principal Financial Group Inc. raised its stake in CSW Industrials by 1,046.2% during the third quarter. Principal Financial Group Inc. now owns 84,991 shares of the basic materials company’s stock valued at $31,140,000 after buying an additional 77,576 shares during the last quarter. Loomis Sayles & Co. L P bought a new stake in CSW Industrials in the third quarter worth $25,589,000. Finally, Franklin Resources Inc. grew its stake in shares of CSW Industrials by 2,006.7% in the third quarter. Franklin Resources Inc. now owns 57,617 shares of the basic materials company’s stock worth $22,702,000 after acquiring an additional 54,882 shares during the last quarter. Hedge funds and other institutional investors own 82.79% of the company’s stock.

Insider Activity at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $404.79, for a total value of $404,790.00. Following the transaction, the chief executive officer now owns 50,698 shares of the company’s stock, valued at approximately $20,522,043.42. The trade was a 1.93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert M. Swartz sold 200 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were 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 position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,903 shares of company stock worth $3,777,538. Corporate insiders own 1.40% of the company’s stock.

CSW Industrials Price Performance

NASDAQ CSWI opened at $357.51 on Wednesday. CSW Industrials, Inc. has a 1-year low of $204.50 and a 1-year high of $436.50. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 48.57 and a beta of 0.85. The business’s fifty day moving average price is $383.27 and its 200-day moving average price is $358.60.

CSW Industrials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a $0.24 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.96 annualized dividend and a dividend yield of 0.27%. CSW Industrials’s dividend payout ratio (DPR) is 13.04%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CSWI shares. Citigroup dropped their price target on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. The Goldman Sachs Group reduced their target price on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a report on Tuesday, January 14th. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a report on Friday, December 6th. Finally, Wells Fargo & Company reduced their price objective on CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating for the company in a report on Tuesday, December 17th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $404.67.

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.