Oregon Public Employees Retirement Fund Grows Stock Holdings in CSW Industrials, Inc. (NASDAQ:CSWI)

Oregon Public Employees Retirement Fund increased its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,934 shares of the basic materials company’s stock after buying an additional 34 shares during the period. Oregon Public Employees Retirement Fund’s holdings in CSW Industrials were worth $1,388,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. National Bank of Canada FI acquired a new position in shares of CSW Industrials in the third quarter valued at approximately $28,000. IFP Advisors Inc increased 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 worth $42,000 after purchasing an additional 97 shares during the last quarter. GAMMA Investing LLC increased 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 worth $48,000 after purchasing an additional 66 shares during the last quarter. Peterson Financial Group Inc. acquired a new position in CSW Industrials during the third quarter worth approximately $72,000. Finally, Nisa Investment Advisors LLC increased 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 worth $76,000 after purchasing an additional 173 shares during the last quarter. Hedge funds and other institutional investors own 82.79% of the company’s stock.

Wall Street Analyst Weigh In

CSWI has been the subject of several research analyst reports. Truist Financial assumed coverage on shares of CSW Industrials in a research report on Friday, February 14th. They set a “hold” rating and a $362.00 price target for the company. Citigroup dropped their price objective on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Wells Fargo & Company decreased their target price 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. The Goldman Sachs Group decreased their target price on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Finally, StockNews.com downgraded shares of CSW Industrials from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $379.00.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $389.78, for a total transaction of $389,780.00. Following the transaction, the chief executive officer now directly owns 49,698 shares in the company, valued at $19,371,286.44. This represents a 1.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Luke Alverson sold 1,416 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $387.15, for a total transaction of $548,204.40. Following the transaction, the senior vice president now owns 17,156 shares in the company, valued at $6,641,945.40. This trade represents a 7.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,103 shares of company stock worth $3,437,104 in the last ninety days. 1.40% of the stock is owned by insiders.

CSW Industrials Trading Up 2.7 %

Shares of CSWI stock opened at $306.09 on Friday. The company has a market capitalization of $5.14 billion, a PE ratio of 36.57 and a beta of 0.84. The firm has a fifty day simple moving average of $343.87 and a 200-day simple moving average of $360.62. CSW Industrials, Inc. has a twelve month low of $221.10 and a twelve month high of $436.50.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. Equities research analysts predict that CSW Industrials, Inc. will post 8.49 EPS for the current 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 paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a yield of 0.31%. CSW Industrials’s dividend payout ratio (DPR) is 11.47%.

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.