4D Advisors LLC Purchases Shares of 6,500 CSW Industrials, Inc. (NASDAQ:CSWI)

4D Advisors LLC acquired a new position in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,500 shares of the basic materials company's stock, valued at approximately $2,293,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in 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 during the last quarter. Geode Capital Management LLC lifted its position in shares of CSW Industrials by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 393,853 shares of the basic materials company's stock worth $138,983,000 after purchasing an additional 4,899 shares in the last quarter. Northern Trust Corp grew its stake in shares of CSW Industrials by 5.6% during the fourth quarter. Northern Trust Corp now owns 217,655 shares of the basic materials company's stock valued at $76,789,000 after purchasing an additional 11,465 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of CSW Industrials by 0.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 207,136 shares of the basic materials company's stock valued at $73,079,000 after purchasing an additional 661 shares in the last quarter. Finally, Congress Asset Management Co. raised its position in CSW Industrials by 1.2% in the 4th quarter. Congress Asset Management Co. now owns 206,195 shares of the basic materials company's stock worth $72,745,000 after purchasing an additional 2,544 shares during the last quarter. 82.79% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Truist Financial initiated coverage on CSW Industrials in a research report on Friday, February 14th. They issued a "hold" rating and a $362.00 price objective for the company. Wells Fargo & Company lowered their price target on shares of CSW Industrials from $350.00 to $295.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. The Goldman Sachs Group cut their price objective on shares of CSW Industrials from $450.00 to $400.00 and set a "neutral" rating on the stock in a report on Tuesday, January 14th. StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Finally, Citigroup cut their price target on CSW Industrials from $364.00 to $313.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, CSW Industrials currently has a consensus rating of "Hold" and an average price target of $342.50.

CSW Industrials Stock Performance

NASDAQ:CSWI traded down $4.59 on Tuesday, reaching $313.35. The company's stock had a trading volume of 90,483 shares, compared to its average volume of 134,955. CSW Industrials, Inc. has a 1-year low of $239.67 and a 1-year high of $436.50. The business's 50-day moving average price is $295.60 and its two-hundred day moving average price is $344.15. The firm has a market cap of $5.26 billion, a PE ratio of 37.44 and a beta of 0.96.

CSW Industrials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, April 25th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.34%. This is a boost from CSW Industrials's previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, April 25th. CSW Industrials's dividend payout ratio is presently 12.90%.

Insiders Place Their Bets

In related news, Director Robert M. Swartz sold 200 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $307.21, for a total transaction of $61,442.00. Following the sale, the director now directly owns 13,319 shares in the company, valued at $4,091,729.99. This trade represents a 1.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP James E. Perry sold 145 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $289.10, for a total transaction of $41,919.50. Following the completion of the sale, the executive vice president now directly owns 23,137 shares in the company, valued at $6,688,906.70. This represents a 0.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,776 shares of company stock worth $2,595,496. Company insiders own 1.40% of the company's stock.

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.