Northern Trust Corp Has $76.79 Million Holdings in CSW Industrials, Inc. (NASDAQ:CSWI)

Northern Trust Corp boosted its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 5.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 217,655 shares of the basic materials company's stock after purchasing an additional 11,465 shares during the quarter. Northern Trust Corp owned about 1.30% of CSW Industrials worth $76,789,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in shares of 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 acquiring an additional 97 shares during the period. GAMMA Investing LLC boosted its position in shares of CSW Industrials by 94.3% in the fourth quarter. GAMMA Investing LLC now owns 136 shares of the basic materials company's stock valued at $48,000 after acquiring an additional 66 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of CSW Industrials in the fourth quarter valued at approximately $51,000. Jones Financial Companies Lllp boosted 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 valued at $58,000 after acquiring an additional 123 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its position in shares of CSW Industrials by 49.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 231 shares of the basic materials company's stock valued at $83,000 after acquiring an additional 76 shares during the period. Institutional investors own 82.79% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on CSWI. Truist Financial began coverage on shares of CSW Industrials in a report on Friday, February 14th. They set a "hold" rating and a $362.00 price objective for the company. Citigroup lowered their price objective on shares of CSW Industrials from $364.00 to $313.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. The Goldman Sachs Group lowered their price objective on shares of CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a research report on Tuesday, January 14th. StockNews.com lowered shares of CSW Industrials from a "buy" rating to a "hold" rating in a research note on Monday, February 3rd. Finally, Wells Fargo & Company reduced their price objective on shares of CSW Industrials from $350.00 to $295.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, CSW Industrials currently has an average rating of "Hold" and a consensus price target of $342.50.

Insider Activity at CSW Industrials

In other news, Director Robert M. Swartz sold 200 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $307.21, for a total value of $61,442.00. Following the completion of the transaction, the director now owns 13,319 shares of the company's stock, valued at approximately $4,091,729.99. This represents a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP James E. Perry sold 145 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $312.87, for a total transaction of $45,366.15. Following the completion of the transaction, the executive vice president now owns 26,613 shares of the company's stock, valued at approximately $8,326,409.31. This trade represents a 0.54% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,776 shares of company stock worth $2,595,496. Corporate insiders own 1.40% of the company's stock.

CSW Industrials Stock Performance

Shares of CSWI stock traded down $2.95 on Friday, hitting $311.27. The company's stock had a trading volume of 70,521 shares, compared to its average volume of 135,608. The stock's 50 day moving average is $296.30 and its 200-day moving average is $342.17. CSW Industrials, Inc. has a fifty-two week low of $239.67 and a fifty-two week high of $436.50. The company has a market capitalization of $5.22 billion, a PE ratio of 37.19 and a beta of 0.96.

CSW Industrials Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, April 25th were paid a $0.27 dividend. The ex-dividend date was Friday, April 25th. This is an increase from CSW Industrials's previous quarterly dividend of $0.24. This represents a $1.08 annualized dividend and a dividend yield of 0.35%. CSW Industrials's dividend payout ratio is 12.90%.

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.