CSW Industrials, Inc. (NYSE:CSW) Given Average Rating of "Hold" by Brokerages

Key Points

• CSW Industrials, Inc. has received an average consensus rating of "Hold" from five analysts, with four holding and one recommending a strong buy.
• The company reported earnings of $2.85 per share for the last quarter, surpassing expectations of $2.62, while revenue fell short at $263.65 million.
• CSW Industrials declared a quarterly dividend of $0.27 per share, reflecting an annualized yield of 0.4% with a low payout ratio of 12.90%.

CSW Industrials, Inc. (NYSE:CSW - Get Free Report) has earned a consensus recommendation of "Hold" from the five analysts that are covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $319.75.

Several brokerages have commented on CSW. Citigroup boosted their price target on shares of CSW Industrials from $313.00 to $321.00 and gave the stock a "neutral" rating in a research report on Friday, May 23rd. Wells Fargo & Company lowered their price objective on shares of CSW Industrials from $305.00 to $285.00 and set an "equal weight" rating on the stock in a research note on Friday, August 1st. Truist Financial set a $273.00 price objective on shares of CSW Industrials and gave the stock a "hold" rating in a research note on Tuesday, August 5th. Finally, Zacks Research upgraded shares of CSW Industrials from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, September 2nd.

Insider Activity

In other news, Director Robert M. Swartz sold 200 shares of the business's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $250.37, for a total transaction of $50,074.00. Following the transaction, the director directly owned 12,319 shares in the company, valued at $3,084,308.03. The trade was a 1.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Don Sullivan sold 1,067 shares of the business's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $283.14, for a total transaction of $302,110.38. Following the transaction, the executive vice president owned 22,641 shares in the company, valued at $6,410,572.74. This represents a 4.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,412 shares of company stock valued at $1,247,397 over the last quarter. 1.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CSW. AXA S.A. bought a new position in CSW Industrials in the 4th quarter valued at about $3,261,000. Algert Global LLC raised its holdings in CSW Industrials by 229.1% in the 4th quarter. Algert Global LLC now owns 7,384 shares of the basic materials company's stock valued at $2,605,000 after acquiring an additional 5,140 shares during the period. Ameriprise Financial Inc. raised its holdings in CSW Industrials by 5.7% in the 4th quarter. Ameriprise Financial Inc. now owns 76,592 shares of the basic materials company's stock valued at $27,021,000 after acquiring an additional 4,157 shares during the period. BNP Paribas Financial Markets grew its position in shares of CSW Industrials by 18.9% during the 4th quarter. BNP Paribas Financial Markets now owns 11,750 shares of the basic materials company's stock worth $4,145,000 after purchasing an additional 1,869 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in shares of CSW Industrials during the 4th quarter worth approximately $1,047,000. 82.79% of the stock is owned by institutional investors.

CSW Industrials Stock Down 0.0%

NYSE:CSW traded down $0.07 on Thursday, hitting $265.51. 121,746 shares of the company's stock were exchanged, compared to its average volume of 130,436. The firm has a 50-day moving average price of $278.27 and a 200-day moving average price of $293.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.86 and a quick ratio of 1.48. CSW Industrials has a 52 week low of $241.99 and a 52 week high of $436.50. The company has a market cap of $4.46 billion, a P/E ratio of 31.72 and a beta of 0.91.

CSW Industrials (NYSE:CSW - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The basic materials company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.62 by $0.23. CSW Industrials had a net margin of 15.18% and a return on equity of 13.78%. The firm had revenue of $263.65 million for the quarter, compared to analysts' expectations of $278.27 million. As a group, analysts expect that CSW Industrials will post 8.49 EPS for the current fiscal year.

CSW Industrials Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 8th. Stockholders of record on Friday, July 25th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. CSW Industrials's dividend payout ratio is presently 12.90%.

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.