9,244 Shares in CSW Industrials, Inc. (NASDAQ:CSWI) Purchased by Axa S.A.

AXA S.A. acquired a new position in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,244 shares of the basic materials company's stock, valued at approximately $3,261,000. AXA S.A. owned approximately 0.06% of CSW Industrials at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of CSW Industrials during the fourth quarter valued at $18,197,000. Blue Trust Inc. boosted its holdings in shares of CSW Industrials by 25.3% during the 4th quarter. Blue Trust Inc. now owns 361 shares of the basic materials company's stock valued at $132,000 after acquiring an additional 73 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of CSW Industrials by 5.9% in the fourth quarter. Avantax Advisory Services Inc. now owns 826 shares of the basic materials company's stock worth $291,000 after acquiring an additional 46 shares during the period. Congress Asset Management Co. raised its holdings in shares of 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, U.S. Capital Wealth Advisors LLC lifted its position in CSW Industrials by 40.0% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 3,500 shares of the basic materials company's stock valued at $1,235,000 after purchasing an additional 1,000 shares during the period. Institutional investors own 82.79% of the company's stock.

CSW Industrials Trading Down 0.9 %

Shares of CSWI traded down $2.95 during midday trading on Friday, reaching $311.27. 70,521 shares of the stock were exchanged, compared to its average volume of 135,365. The company's 50 day moving average is $296.30 and its two-hundred day moving average is $342.59. The company has a market capitalization of $5.22 billion, a P/E ratio of 37.19 and a beta of 0.96. CSW Industrials, Inc. has a 52 week low of $239.67 and a 52 week high of $436.50.

CSW Industrials Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 25th were issued a $0.27 dividend. The ex-dividend date of this dividend was Friday, April 25th. This represents a $1.08 annualized dividend and a dividend yield of 0.35%. This is a positive change from CSW Industrials's previous quarterly dividend of $0.24. CSW Industrials's payout ratio is currently 12.90%.

Wall Street Analyst Weigh In

CSWI has been the subject of a number of research reports. StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a research note on Monday, February 3rd. The Goldman Sachs Group reduced their price objective 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. Citigroup dropped their target price on CSW Industrials from $364.00 to $313.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Wells Fargo & Company reduced 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. Finally, Truist Financial started coverage on shares of CSW Industrials in a report on Friday, February 14th. They issued a "hold" rating and a $362.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $342.50.

Insider Transactions at CSW Industrials

In related news, CFO James E. Perry sold 145 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $307.77, for a total value of $44,626.65. Following the sale, the chief financial officer now owns 23,282 shares in the company, valued at $7,165,501.14. This represents a 0.62 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Don Sullivan sold 2,222 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $292.12, for a total transaction of $649,090.64. Following the transaction, the executive vice president now directly owns 24,853 shares of the company's stock, valued at $7,260,058.36. This represents a 8.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,776 shares of company stock valued at $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.