Edgestream Partners L.P. Increases Stock Position in Gibraltar Industries, Inc. $ROCK

Key Points

• Edgestream Partners more than doubled its Gibraltar Industries position by 116.8% in the first quarter, reaching 61,019 shares valued at approximately $2.43 million. Institutional investors and hedge funds collectively own 98.39% of the company.
• Analyst sentiment is mixed but leans positive, with ratings ranging from Sell to Strong Buy and a consensus “Moderate Buy” rating. CEO William T. Bosway and CFO Joseph A. Lovechio also purchased shares recently, totaling more than $823,000 in insider buying.
• Gibraltar reported quarterly revenue of $356.3 million, up 44.6% year over year, but missed earnings expectations with EPS of $0.45 versus $0.49 expected. Shares opened at $42.26, well below their 52-week high of $75.08.

Edgestream Partners L.P. increased its holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK - Free Report) by 116.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,019 shares of the construction company's stock after acquiring an additional 32,871 shares during the quarter. Edgestream Partners L.P. owned approximately 0.21% of Gibraltar Industries worth $2,433,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ROCK. Royce & Associates LP increased its stake in Gibraltar Industries by 46.3% in the fourth quarter. Royce & Associates LP now owns 196,730 shares of the construction company's stock valued at $9,726,000 after purchasing an additional 62,218 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Gibraltar Industries by 425.0% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 41,036 shares of the construction company's stock worth $2,049,000 after buying an additional 33,220 shares during the period. Pacer Advisors Inc. purchased a new position in shares of Gibraltar Industries during the fourth quarter worth about $4,122,000. Advisors Preferred LLC purchased a new position in shares of Gibraltar Industries during the first quarter worth about $1,519,000. Finally, Kennedy Capital Management LLC increased its position in Gibraltar Industries by 20.1% in the 4th quarter. Kennedy Capital Management LLC now owns 250,977 shares of the construction company's stock valued at $12,408,000 after acquiring an additional 41,991 shares during the period. Institutional investors and hedge funds own 98.39% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on ROCK. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Gibraltar Industries in a research note on Friday, May 29th. Zacks Research upgraded Gibraltar Industries from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 28th. Longbow Research initiated coverage on Gibraltar Industries in a report on Tuesday, July 7th. They issued a "buy" rating on the stock. Finally, Seaport Research Partners restated a "buy" rating and set a $55.00 price target on shares of Gibraltar Industries in a research note on Tuesday, May 12th. One research 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 issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Insider Buying and Selling

In other Gibraltar Industries news, CEO William T. Bosway bought 19,735 shares of Gibraltar Industries stock in a transaction on Tuesday, May 26th. The stock was bought at an average price of $37.44 per share, with a total value of $738,878.40. Following the completion of the acquisition, the chief executive officer owned 250,320 shares in the company, valued at $9,371,980.80. The trade was a 8.56% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Joseph A. Lovechio bought 1,000 shares of the firm's stock in a transaction on Wednesday, May 20th. The shares were bought at an average price of $34.62 per share, for a total transaction of $34,620.00. Following the completion of the transaction, the chief financial officer directly owned 13,390 shares in the company, valued at approximately $463,561.80. This represents a 8.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 22,135 shares of company stock valued at $823,380 over the last quarter. Company insiders own 0.90% of the company's stock.

Gibraltar Industries Stock Performance

Shares of Gibraltar Industries stock opened at $42.26 on Monday. Gibraltar Industries, Inc. has a 52-week low of $33.56 and a 52-week high of $75.08. The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 1.39. The company's 50-day simple moving average is $41.66 and its 200-day simple moving average is $43.46. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of -9.50, a price-to-earnings-growth ratio of 0.74 and a beta of 1.22.

Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.04). Gibraltar Industries had a positive return on equity of 10.86% and a negative net margin of 10.68%.The firm had revenue of $356.29 million for the quarter, compared to analysts' expectations of $350.15 million. During the same period in the prior year, the company earned $0.95 earnings per share. The company's revenue for the quarter was up 44.6% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities research analysts anticipate that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current year.

Gibraltar Industries 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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