62,820 Shares of Gibraltar Industries, Inc. $ROCK Acquired by Deroy & Devereaux Private Investment Counsel Inc.

Key Points

• Deroy & Devereaux Private Investment Counsel acquired 62,820 shares of Gibraltar Industries, valued at approximately $2.49 million, giving it a 0.21% stake.
• Several institutional investors increased their positions during the third quarter, and institutional investors collectively own 98.39% of Gibraltar Industries’ outstanding shares.
• Analysts give the stock a “Moderate Buy” consensus, while Gibraltar recently reported quarterly EPS of $1.11, exceeding estimates of $1.02, and revenue of $509.55 million.

Deroy & Devereaux Private Investment Counsel Inc. bought a new position in Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 62,820 shares of the construction company's stock, valued at approximately $2,488,000. Deroy & Devereaux Private Investment Counsel Inc. owned about 0.21% of Gibraltar Industries at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Inspire Investing LLC boosted its stake in Gibraltar Industries by 4.3% during the 3rd quarter. Inspire Investing LLC now owns 15,873 shares of the construction company's stock valued at $629,000 after purchasing an additional 656 shares during the last quarter. Skylands Capital LLC increased its holdings in Gibraltar Industries by 93.1% during the 3rd quarter. Skylands Capital LLC now owns 64,400 shares of the construction company's stock worth $2,550,000 after purchasing an additional 31,050 shares in the last quarter. Counterpoint Mutual Funds LLC increased its holdings in Gibraltar Industries by 178.0% during the 3rd quarter. Counterpoint Mutual Funds LLC now owns 21,696 shares of the construction company's stock worth $859,000 after purchasing an additional 13,891 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Gibraltar Industries by 37.0% in the third quarter. GAMMA Investing LLC now owns 993 shares of the construction company's stock worth $39,000 after purchasing an additional 268 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in shares of Gibraltar Industries in the second quarter worth approximately $641,000. Institutional investors own 98.39% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on ROCK shares. Weiss Ratings restated a "sell (d)" rating on shares of Gibraltar Industries in a report on Wednesday, August 26th. Longbow Research started coverage on Gibraltar Industries in a research report on Tuesday, July 7th. They set a "buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Gibraltar Industries presently has an average rating of "Moderate Buy".

Gibraltar Industries Stock Performance

NASDAQ ROCK opened at $38.10 on Tuesday. Gibraltar Industries, Inc. has a 1 year low of $33.56 and a 1 year high of $71.83. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.46 and a quick ratio of 0.91. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -7.56, a PEG ratio of 0.68 and a beta of 1.24. The company has a fifty day moving average price of $42.21 and a 200-day moving average price of $43.57.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last announced its earnings results on Wednesday, August 5th. The construction company reported $1.11 EPS for the quarter, beating the consensus estimate of $1.02 by $0.09. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The company had revenue of $509.55 million during the quarter, compared to the consensus estimate of $472.09 million. During the same quarter in the prior year, the company posted $1.13 earnings per share. The firm's revenue for the quarter was down 100.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities research analysts predict that Gibraltar Industries, Inc. will post 3.82 EPS for the current fiscal year.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc is a Buffalo, New York-based manufacturer of products and services used in the construction, renewable energy, infrastructure and controlled-environment agriculture markets. The company serves residential and commercial builders, contractors, utilities, solar developers, growers and other industrial customers.

Its products include roofing and ventilation components, solar racking and mounting systems, greenhouse structures and related growing systems, and engineered products for infrastructure and industrial applications.

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