CSW Industrials, Inc. (NASDAQ:CSWI) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 18.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,595 shares of the basic materials company's stock after acquiring an additional 5,323 shares during the quarter. Barclays PLC owned 0.21% of CSW Industrials worth $12,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of CSW Industrials by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 1,852,716 shares of the basic materials company's stock worth $653,638,000 after buying an additional 29,488 shares during the last quarter. Geode Capital Management LLC grew 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. Congress Asset Management Co. raised its position 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 buying an additional 2,544 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in 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 purchasing an additional 201,587 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in CSW Industrials by 4.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 175,131 shares of the basic materials company's stock valued at $61,786,000 after buying an additional 6,762 shares during the last quarter. 82.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CSWI shares. Citigroup dropped their price objective on shares of CSW Industrials from $364.00 to $313.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. The Goldman Sachs Group lowered their price target 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 downgraded shares of CSW Industrials from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. Truist Financial began coverage on CSW Industrials in a report on Friday, February 14th. They issued a "hold" rating and a $362.00 price target on the stock. Finally, Wells Fargo & Company reduced their price objective on shares of CSW Industrials from $350.00 to $295.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, CSW Industrials has an average rating of "Hold" and an average target price of $342.50.

CSW Industrials Price Performance

CSW Industrials stock traded down $2.21 during trading hours on Friday, hitting $312.09. 57,488 shares of the stock traded hands, compared to its average volume of 135,300. The firm's 50 day moving average price is $294.40 and its 200-day moving average price is $347.75. The stock has a market capitalization of $5.24 billion, a price-to-earnings ratio of 37.29 and a beta of 0.88. CSW Industrials, Inc. has a 1 year low of $237.19 and a 1 year high of $436.50.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, topping 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%. Research analysts forecast that CSW Industrials, Inc. will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Increases Dividend

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

Insider Transactions at CSW Industrials

In related news, EVP Don Sullivan sold 1,500 shares of CSW Industrials stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $296.45, for a total transaction of $444,675.00. Following the transaction, the executive vice president now owns 27,489 shares in the company, valued at approximately $8,149,114.05. This trade represents a 5.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Luke Alverson sold 919 shares of the business's stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $303.21, for a total transaction of $278,649.99. Following the transaction, the senior vice president now directly owns 14,353 shares in the company, valued at approximately $4,351,973.13. The trade was a 6.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,631 shares of company stock valued at $2,551,912 over the last 90 days. Corporate insiders own 1.40% of the company's stock.

About CSW Industrials

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.