Defined Financial Planning LLC Purchases Shares of 885 CSW Industrials, Inc. (NASDAQ:CSWI)

Defined Financial Planning LLC acquired a new stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 885 shares of the basic materials company's stock, valued at approximately $262,000.

A number of other institutional investors have also recently made changes to their positions in CSWI. Fifth Third Bancorp grew its position in CSW Industrials by 9.3% in the first quarter. Fifth Third Bancorp now owns 401 shares of the basic materials company's stock worth $117,000 after acquiring an additional 34 shares in the last quarter. GAMMA Investing LLC lifted its stake in CSW Industrials by 117.6% in the first quarter. GAMMA Investing LLC now owns 296 shares of the basic materials company's stock worth $86,000 after purchasing an additional 160 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in CSW Industrials by 0.8% in the first quarter. Harbor Capital Advisors Inc. now owns 29,858 shares of the basic materials company's stock worth $8,704,000 after purchasing an additional 241 shares during the last quarter. Park Avenue Securities LLC lifted its stake in CSW Industrials by 6.7% in the first quarter. Park Avenue Securities LLC now owns 2,631 shares of the basic materials company's stock worth $767,000 after purchasing an additional 165 shares during the last quarter. Finally, Vest Financial LLC bought a new stake in CSW Industrials in the first quarter worth about $791,000. Hedge funds and other institutional investors own 82.79% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Citigroup raised their price objective on shares of CSW Industrials from $313.00 to $321.00 and gave the stock a "neutral" rating in a research note on Friday, May 23rd. Wells Fargo & Company raised their price objective on shares of CSW Industrials from $295.00 to $305.00 and gave the stock an "equal weight" rating in a research note on Friday, May 23rd. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, CSW Industrials has an average rating of "Hold" and an average target price of $347.00.

CSW Industrials Trading Up 0.2%

Shares of CSW Industrials stock traded up $0.56 on Friday, hitting $305.23. 71,526 shares of the company traded hands, compared to its average volume of 135,955. The stock's 50 day moving average price is $307.50 and its 200-day moving average price is $326.95. CSW Industrials, Inc. has a 52 week low of $249.84 and a 52 week high of $436.50. The company has a market cap of $5.13 billion, a PE ratio of 36.47 and a beta of 0.92.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last issued its quarterly earnings data on Thursday, May 22nd. The basic materials company reported $2.24 EPS for the quarter, topping analysts' consensus estimates of $2.23 by $0.01. The company had revenue of $230.55 million during the quarter, compared to the consensus estimate of $232.82 million. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. During the same quarter in the previous year, the firm posted $2.04 earnings per share. As a group, research analysts anticipate that CSW Industrials, Inc. will post 8.49 EPS for the current fiscal year.

CSW Industrials Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 25th were paid a $0.27 dividend. This is an increase from CSW Industrials's previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, April 25th. This represents a $1.08 dividend on an annualized basis and a yield of 0.35%. CSW Industrials's payout ratio is 12.84%.

Insider Transactions at CSW Industrials

In other news, Director Robert M. Swartz sold 200 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total transaction of $57,820.00. Following the transaction, the director now directly owns 13,119 shares of the company's stock, valued at approximately $3,792,702.90. This represents a 1.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Luke Alverson sold 1,100 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $292.12, for a total value of $321,332.00. Following the transaction, the senior vice president now directly owns 13,434 shares in the company, valued at approximately $3,924,340.08. The trade was a 7.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,195 shares of company stock valued at $3,392,969. Corporate insiders own 1.40% of the company's stock.

About CSW Industrials

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.