Don Sullivan Sells 1,000 Shares of CSW Industrials, Inc. (NYSE:CSW) Stock

CSW Industrials, Inc. (NYSE:CSW - Get Free Report) EVP Don Sullivan sold 1,000 shares of the company's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $301.05, for a total transaction of $301,050.00. Following the completion of the transaction, the executive vice president owned 23,708 shares of the company's stock, valued at $7,137,293.40. This trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Don Sullivan also recently made the following trade(s):

• On Thursday, May 15th, Don Sullivan sold 1,500 shares of CSW Industrials stock. The shares were sold at an average price of $332.16, for a total transaction of $498,240.00.

CSW Industrials Stock Performance

Shares of NYSE:CSW traded down $3.97 during trading hours on Friday, hitting $287.31. 48,036 shares of the company's stock traded hands, compared to its average volume of 118,385. CSW Industrials, Inc. has a 52 week low of $249.84 and a 52 week high of $436.50. The company's fifty day simple moving average is $308.16 and its two-hundred day simple moving average is $314.20. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 34.16 and a beta of 0.88.

CSW Industrials (NYSE:CSW - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The basic materials company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.01. CSW Industrials had a net margin of 15.56% and a return on equity of 14.46%. The company had revenue of $230.55 million during the quarter, compared to analyst estimates of $232.82 million. During the same quarter last year, the firm posted $2.04 EPS. On average, analysts anticipate that CSW Industrials, Inc. will post 8.49 EPS for the current fiscal year.

CSW Industrials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Friday, July 25th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.38%. CSW Industrials's payout ratio is 12.84%.

Wall Street Analysts Forecast Growth

CSW has been the topic of a number of research reports. Citigroup increased their target price on shares of CSW Industrials from $313.00 to $321.00 and gave the stock a "neutral" rating in a report on Friday, May 23rd. Wells Fargo & Company increased their price objective on shares of CSW Industrials from $295.00 to $305.00 and gave the stock an "equal weight" rating in a report on Friday, May 23rd. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $347.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Matrix Trust Co boosted its holdings in shares of CSW Industrials by 91.1% in the second quarter. Matrix Trust Co now owns 86 shares of the basic materials company's stock worth $25,000 after buying an additional 41 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of CSW Industrials by 517.6% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 105 shares of the basic materials company's stock worth $31,000 after purchasing an additional 88 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of CSW Industrials by 526.3% in the first quarter. Versant Capital Management Inc now owns 119 shares of the basic materials company's stock worth $35,000 after purchasing an additional 100 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of CSW Industrials by 300.0% in 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 in the last quarter. Finally, Whittier Trust Co. purchased a new stake in shares of CSW Industrials in the first quarter worth approximately $59,000. 82.79% of the stock is currently owned by institutional investors and hedge funds.

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.