Bank of America Corp DE Buys New Stake in Gibraltar Industries, Inc. $ROCK

Key Points

• Bank of America purchased 133,857 shares of Gibraltar Industries, valued at approximately $6.04 million, giving it a 0.45% stake. Other institutions also initiated positions, and institutional investors collectively own 98.39% of the company.
• Analyst sentiment is mixed but averages to a “Moderate Buy” rating, with price opinions ranging from Strong Buy to Sell.
• Gibraltar Industries beat quarterly EPS and revenue estimates, reporting $1.11 EPS and $509.55 million in revenue. The company issued fiscal 2026 EPS guidance of $3.65–$4.05, while shares recently traded at $40.56.

Bank of America Corp DE purchased a new stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 133,857 shares of the construction company's stock, valued at approximately $6,037,000. Bank of America Corp DE owned approximately 0.45% of Gibraltar Industries at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Freestone Grove Partners LP bought a new stake in Gibraltar Industries during the second quarter worth approximately $805,000. Man Group plc bought a new position in shares of Gibraltar Industries in the second quarter valued at approximately $3,756,000. Jupiter Topco LLC acquired a new stake in shares of Gibraltar Industries in the second quarter worth $638,000. Expect Equity LLC bought a new stake in shares of Gibraltar Industries during the 2nd quarter worth $3,079,000. Finally, Primecap Management Co. CA acquired a new position in Gibraltar Industries in the 2nd quarter valued at $4,312,000. Institutional investors and hedge funds own 98.39% of the company's stock.

Analysts Set New Price Targets

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

Gibraltar Industries Price Performance

Shares of Gibraltar Industries stock opened at $40.56 on Monday. 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 company has a market cap of $1.20 billion, a PE ratio of -8.05, a price-to-earnings-growth ratio of 0.70 and a beta of 1.23. The firm has a fifty day moving average price of $45.64 and a two-hundred day moving average price of $42.03. Gibraltar Industries, Inc. has a fifty-two week low of $33.56 and a fifty-two week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $472.09 million. During the same quarter in the previous year, the firm posted $1.13 EPS. The business's revenue was down 100.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts expect that Gibraltar Industries, Inc. will post 3.84 EPS for the current year.

About Gibraltar Industries

Gibraltar Industries, Inc is a manufacturer and provider of products and services for the renewable energy, agtech and infrastructure markets. The company develops engineered solutions used in solar power generation, controlled-environment agriculture and other applications that support the construction and operation of critical infrastructure.

Its renewable energy business supplies solar racking and mounting systems, including fixed-tilt and tracker solutions, as well as related engineering and installation services for utility-scale, commercial and residential solar projects.

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