EntryPoint Capital LLC Purchases 108 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

EntryPoint Capital LLC increased its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 14.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 881 shares of the basic materials company’s stock after buying an additional 108 shares during the period. EntryPoint Capital LLC’s holdings in CSW Industrials were worth $311,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CSWI. Vanguard Group Inc. raised its holdings in shares of CSW Industrials by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 1,852,716 shares of the basic materials company’s stock worth $653,638,000 after acquiring an additional 29,488 shares in the last quarter. State Street Corp increased its position 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 last quarter. Geode Capital Management LLC raised 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 valued at $142,536,000 after purchasing an additional 26,728 shares in the last quarter. Congress Asset Management Co. lifted its position in CSW Industrials by 1.2% during 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 last quarter. Finally, Proficio Capital Partners LLC grew its stake in shares of CSW Industrials by 35,553.3% in the 4th quarter. Proficio Capital Partners LLC now owns 202,154 shares of the basic materials company’s stock worth $71,320,000 after buying an additional 201,587 shares in the last quarter. 82.79% of the stock is owned by institutional investors.

CSW Industrials Stock Performance

CSWI opened at $296.08 on Friday. The stock’s 50 day moving average price is $319.00 and its 200-day moving average price is $358.01. CSW Industrials, Inc. has a one year low of $226.05 and a one year high of $436.50. The stock has a market cap of $4.97 billion, a price-to-earnings ratio of 35.37 and a beta of 0.80.

CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, beating the consensus estimate 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, analysts predict that CSW Industrials, Inc. will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, January 31st were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 0.32%. The ex-dividend date was Friday, January 31st. CSW Industrials’s dividend payout ratio is presently 11.47%.

Analyst Ratings Changes

CSWI has been the topic of several recent research reports. Wells Fargo & Company decreased their target price on shares of CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. StockNews.com downgraded CSW Industrials from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. 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 report on Tuesday, January 14th. Citigroup decreased their price target on CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Finally, Truist Financial started coverage on shares of CSW Industrials in a research note on Friday, February 14th. They set a “hold” rating and a $362.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $379.00.

Insider Activity at CSW Industrials

In other news, CFO James E. Perry sold 145 shares of CSW Industrials stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $307.77, for a total transaction of $44,626.65. Following the completion of the sale, the chief financial officer now owns 23,282 shares of the company’s stock, valued at approximately $7,165,501.14. The trade was a 0.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Luke Alverson sold 1,522 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $358.16, for a total value of $545,119.52. Following the completion of the sale, the senior vice president now owns 15,634 shares of the company’s stock, valued at $5,599,473.44. The trade was a 8.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,389 shares of company stock worth $3,104,831 in the last 90 days. 1.40% of the stock is owned by corporate insiders.

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.