Deutsche Bank AG Purchases 4,750 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Deutsche Bank AG lifted its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 48.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,655 shares of the basic materials company's stock after purchasing an additional 4,750 shares during the period. Deutsche Bank AG owned 0.09% of CSW Industrials worth $5,170,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CSWI. IFP Advisors Inc lifted its stake in CSW Industrials by 510.5% in the fourth quarter. IFP Advisors Inc now owns 116 shares of the basic materials company's stock valued at $42,000 after buying an additional 97 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of CSW Industrials during the fourth quarter worth about $51,000. Jones Financial Companies Lllp raised its position in shares of CSW Industrials by 300.0% during the fourth quarter. Jones Financial Companies Lllp now owns 164 shares of the basic materials company's stock worth $58,000 after purchasing an additional 123 shares during the period. CIBC Private Wealth Group LLC raised its position in shares of CSW Industrials by 49.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 231 shares of the basic materials company's stock worth $83,000 after purchasing an additional 76 shares during the period. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of CSW Industrials during the fourth quarter worth about $89,000. Institutional investors own 82.79% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on CSWI. Wells Fargo & Company raised their price target on CSW Industrials from $295.00 to $305.00 and gave the stock an "equal weight" rating in a research report on Friday. Truist Financial began coverage on CSW Industrials in a research report on Friday, February 14th. They set a "hold" rating and a $362.00 price target on the stock. Citigroup boosted their target price on CSW Industrials from $313.00 to $321.00 and gave the company a "neutral" rating in a research note on Friday. Finally, Wall Street Zen cut CSW Industrials from a "buy" rating to a "hold" rating in a research note on Monday, February 3rd. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $347.00.

Insiders Place Their Bets

In related news, CFO James E. Perry sold 145 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $307.77, for a total transaction of $44,626.65. Following the transaction, the chief financial officer now directly owns 23,282 shares of the company's stock, valued at approximately $7,165,501.14. The trade was a 0.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Don Sullivan sold 1,500 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $332.16, for a total value of $498,240.00. Following the transaction, the executive vice president now directly owns 25,989 shares in the company, valued at $8,632,506.24. The trade was a 5.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,276 shares of company stock valued at $3,093,736 in the last 90 days. 1.40% of the stock is currently owned by insiders.

CSW Industrials Stock Performance

NASDAQ CSWI traded up $5.14 during trading on Friday, hitting $307.30. The stock had a trading volume of 84,551 shares, compared to its average volume of 135,668. The company has a market capitalization of $5.16 billion, a PE ratio of 36.66 and a beta of 0.96. The company's 50-day moving average price is $301.86 and its two-hundred day moving average price is $340.19. CSW Industrials, Inc. has a 12 month low of $245.11 and a 12 month high of $436.50.

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

CSW Industrials Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 25th were given a dividend of $0.27 per share. This is a positive change 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 annualized dividend and a dividend yield of 0.35%. CSW Industrials's payout ratio is 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.