LRT Capital Management LLC Invests $2.13 Million in CSW Industrials, Inc. (NASDAQ:CSWI)

LRT Capital Management LLC acquired a new position in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,282 shares of the basic materials company's stock, valued at approximately $2,133,000. CSW Industrials accounts for approximately 2.0% of LRT Capital Management LLC's investment portfolio, making the stock its 15th largest position. LRT Capital Management LLC owned approximately 0.07% of CSW Industrials at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Fifth Third Bancorp purchased a new position in CSW Industrials in the 4th quarter valued at approximately $31,000. Cullen Frost Bankers Inc. purchased a new position in CSW Industrials in the 3rd quarter valued at approximately $51,000. Tower Research Capital LLC TRC lifted its position in shares of CSW Industrials by 23.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 323 shares of the basic materials company's stock worth $57,000 after purchasing an additional 62 shares during the last quarter. State of Wyoming lifted its position in shares of CSW Industrials by 50.0% during the 2nd quarter. State of Wyoming now owns 324 shares of the basic materials company's stock worth $54,000 after purchasing an additional 108 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of CSW Industrials during the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 82.79% of the company's stock.

Insider Transactions at CSW Industrials

In related news, EVP Don Sullivan sold 7,826 shares of CSW Industrials stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $230.90, for a total transaction of $1,807,023.40. Following the sale, the executive vice president now directly owns 28,956 shares in the company, valued at approximately $6,685,940.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction on Friday, March 15th. The shares were sold at an average price of $230.06, for a total transaction of $230,060.00. Following the sale, the chief executive officer now directly owns 49,997 shares in the company, valued at approximately $11,502,309.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Don Sullivan sold 7,826 shares of CSW Industrials stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $230.90, for a total transaction of $1,807,023.40. Following the sale, the executive vice president now owns 28,956 shares in the company, valued at $6,685,940.40. The disclosure for this sale can be found here. In the last three months, insiders sold 10,826 shares of company stock valued at $2,502,133. Insiders own 1.30% of the company's stock.

CSW Industrials Stock Down 0.9 %

Shares of CSW Industrials stock traded down $2.10 during trading on Friday, hitting $231.88. 153,527 shares of the stock were exchanged, compared to its average volume of 68,339. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 37.22, a price-to-earnings-growth ratio of 1.90 and a beta of 0.73. The firm's 50-day moving average price is $232.02 and its 200 day moving average price is $206.22. CSW Industrials, Inc. has a 12-month low of $132.06 and a 12-month high of $243.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.77 and a quick ratio of 1.40.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last released its quarterly earnings data on Thursday, February 1st. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.17 by ($0.10). The firm had revenue of $174.97 million for the quarter, compared to analysts' expectations of $180.80 million. CSW Industrials had a return on equity of 18.47% and a net margin of 12.47%. As a group, analysts forecast that CSW Industrials, Inc. will post 6.83 earnings per share for the current fiscal year.

CSW Industrials Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Friday, April 26th will be given a dividend of $0.21 per share. This is a boost from CSW Industrials's previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a dividend yield of 0.36%. The ex-dividend date of this dividend is Thursday, April 25th. CSW Industrials's payout ratio is 12.20%.

CSW Industrials 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.