Barrow Hanley Mewhinney & Strauss LLC Invests $44.42 Million in Gibraltar Industries, Inc. $ROCK

Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 984,916 shares of the construction company's stock, valued at approximately $44,420,000. Barrow Hanley Mewhinney & Strauss LLC owned approximately 3.32% of Gibraltar Industries at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ROCK. Osaic Holdings Inc. increased its holdings in Gibraltar Industries by 16.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company's stock valued at $79,000 after purchasing an additional 194 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Gibraltar Industries by 73.0% in the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company's stock valued at $28,000 after purchasing an additional 203 shares during the period. Gabelli Funds LLC lifted its stake in shares of Gibraltar Industries by 0.6% during the fourth quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company's stock worth $1,777,000 after purchasing an additional 208 shares in the last quarter. California State Teachers Retirement System lifted its stake in shares of Gibraltar Industries by 1.0% during the second quarter. California State Teachers Retirement System now owns 28,132 shares of the construction company's stock worth $1,660,000 after purchasing an additional 287 shares in the last quarter. Finally, State of Wyoming boosted its position in shares of Gibraltar Industries by 28.7% in the first quarter. State of Wyoming now owns 1,360 shares of the construction company's stock worth $54,000 after buying an additional 303 shares during the period. Hedge funds and other institutional investors own 98.39% of the company's stock.

Wall Street Analysts Forecast Growth

ROCK has been the subject of a number of recent research reports. Seaport Research Partners reiterated a "buy" rating and issued a $55.00 target price on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Longbow Research started coverage on Gibraltar Industries in a report on Tuesday, July 7th. They issued a "buy" rating for the company. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Gibraltar Industries in a research report on Friday, May 29th. Finally, Zacks Research raised shares of Gibraltar Industries from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Gibraltar Industries presently has an average rating of "Moderate Buy".

Gibraltar Industries Price Performance

ROCK stock opened at $46.48 on Monday. The stock's 50 day moving average is $44.73 and its two-hundred day moving average is $42.98. Gibraltar Industries, Inc. has a 52-week low of $33.56 and a 52-week high of $75.08. The company has a market capitalization of $1.38 billion, a PE ratio of -9.22, a P/E/G ratio of 0.81 and a beta of 1.22. The company has a quick ratio of 0.91, a current ratio of 1.46 and a debt-to-equity ratio of 1.37.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.09. The business had revenue of $509.55 million during the quarter, compared to analyst estimates of $472.09 million. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The business's revenue was down 100.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.13 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts predict that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current fiscal year.

Insider Activity at Gibraltar Industries

In other news, CEO William T. Bosway purchased 19,735 shares of the firm's stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average cost of $37.44 per share, for a total transaction of $738,878.40. Following the completion of the purchase, the chief executive officer owned 250,320 shares of the company's stock, valued at approximately $9,371,980.80. This trade represents a 8.56% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.90% of the company's stock.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc NASDAQ: ROCK is a leading manufacturer of building products and infrastructure solutions for the residential, commercial, industrial and utility markets. The company designs, engineers and markets a broad portfolio of highly engineered products to reinforce structures, improve energy efficiency and enhance safety and durability. Gibraltar's Building Products segment includes metal roofing, siding, ventilation and structural support systems for homes and light commercial facilities, while its Infrastructure Solutions segment supplies transmission and distribution hardware, storm response equipment and renewable energy supports to utility and civil markets.

In the Building Products segment, Gibraltar offers metal and composite solutions such as roof and siding panels, deck and solar shading supports, chimney and venting systems, railings and fencing.

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