CSW Industrials, Inc. $CSW Shares Purchased by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in CSW Industrials by 38.8%, owning 7,576 shares valued at approximately $2.21 million after acquiring additional shares in the first quarter.
• CSW Industrials reported a $2.85 EPS for the most recent quarter, exceeding estimates, although revenue of $263.65 million fell short of expectations.
• The company declared a quarterly dividend of $0.27 per share, resulting in an annualized yield of 0.4%, with a dividend payout ratio of 12.90%.

B. Metzler seel. Sohn & Co. AG increased its holdings in CSW Industrials, Inc. (NYSE:CSW - Free Report) by 38.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,576 shares of the basic materials company's stock after acquiring an additional 2,117 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in CSW Industrials were worth $2,209,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of CSW Industrials by 517.6% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 105 shares of the basic materials company's stock valued at $31,000 after acquiring an additional 88 shares during the period. Versant Capital Management Inc increased its stake in CSW Industrials by 526.3% in the 1st quarter. Versant Capital Management Inc now owns 119 shares of the basic materials company's stock valued at $35,000 after buying an additional 100 shares during the period. Whittier Trust Co. acquired a new position in CSW Industrials in the 1st quarter valued at $59,000. Kapitalo Investimentos Ltda acquired a new position in CSW Industrials in the 4th quarter valued at $89,000. Finally, GAMMA Investing LLC increased its stake in CSW Industrials by 117.6% in the 1st quarter. GAMMA Investing LLC now owns 296 shares of the basic materials company's stock valued at $86,000 after buying an additional 160 shares during the period. 82.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,000 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $259.36, for a total value of $259,360.00. Following the completion of the transaction, the chief executive officer owned 62,522 shares of the company's stock, valued at approximately $16,215,705.92. The trade was a 1.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Don Sullivan sold 1,067 shares of the business's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $283.14, for a total transaction of $302,110.38. Following the completion of the transaction, the executive vice president directly owned 22,641 shares of the company's stock, valued at $6,410,572.74. The trade was a 4.50% decrease in their position. 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 90 days. 1.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

CSW has been the topic of several recent research reports. Truist Financial set a $273.00 price objective on shares of CSW Industrials and gave the company a "hold" rating in a research note on Tuesday, August 5th. Wells Fargo & Company dropped 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. Finally, Citigroup boosted their price objective on shares of CSW Industrials from $313.00 to $321.00 and gave the company a "neutral" rating in a research note on Friday, May 23rd. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of "Hold" and an average price target of $319.75.

CSW Industrials Price Performance

Shares of CSW Industrials stock traded down $6.97 on Tuesday, hitting $266.57. The company's stock had a trading volume of 104,669 shares, compared to its average volume of 128,944. CSW Industrials, Inc. has a 52-week low of $241.99 and a 52-week high of $436.50. The company has a quick ratio of 1.48, a current ratio of 2.86 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average price of $281.44 and a 200-day moving average price of $295.20. The company has a market capitalization of $4.48 billion, a P/E ratio of 31.85 and a beta of 0.91.

CSW Industrials (NYSE:CSW - Get Free Report) last released its quarterly earnings data 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 business had revenue of $263.65 million for the quarter, compared to analyst estimates of $278.27 million. On average, equities research analysts expect that CSW Industrials, Inc. will post 8.49 earnings per share for the current fiscal year.

CSW Industrials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 8th. Investors of record on Friday, July 25th were given a $0.27 dividend. 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.