CSW Industrials, Inc. (NASDAQ:CSWI) Stock Holdings Raised by Townsquare Capital LLC

Townsquare Capital LLC lifted its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) by 15.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,502 shares of the basic materials company's stock after purchasing an additional 1,667 shares during the quarter. Townsquare Capital LLC owned about 0.07% of CSW Industrials worth $4,411,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. National Bank of Canada FI purchased a new stake in CSW Industrials during the third quarter worth $28,000. IFP Advisors Inc boosted its position in shares of CSW Industrials by 510.5% in the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company's stock worth $42,000 after buying an additional 97 shares in the last quarter. GAMMA Investing LLC grew its stake in CSW Industrials by 94.3% in the 4th 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 last quarter. SBI Securities Co. Ltd. purchased a new position in CSW Industrials during the 4th quarter valued at about $51,000. Finally, Jones Financial Companies Lllp raised its position in 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 acquiring an additional 123 shares during the last quarter. Hedge funds and other institutional investors own 82.79% of the company's stock.

Insider Transactions at CSW Industrials

In other news, SVP Luke Alverson sold 1,100 shares of the firm's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $292.12, for a total value of $321,332.00. Following the transaction, the senior vice president now owns 13,434 shares of the company's stock, valued at approximately $3,924,340.08. This trade represents a 7.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Don Sullivan sold 1,500 shares of CSW Industrials stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $296.45, for a total transaction of $444,675.00. Following the transaction, the executive vice president now owns 27,489 shares in the company, valued at $8,149,114.05. The trade was a 5.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,631 shares of company stock worth $2,551,912 in the last three months. 1.40% of the stock is currently owned by company insiders.

CSW Industrials Stock Up 1.0 %

Shares of CSWI stock traded up $3.07 during trading hours on Friday, hitting $298.43. 68,468 shares of the company were exchanged, compared to its average volume of 134,794. The firm has a fifty day moving average of $295.74 and a 200 day moving average of $349.80. CSW Industrials, Inc. has a 1 year low of $232.20 and a 1 year high of $436.50. The firm has a market cap of $5.01 billion, a PE ratio of 35.65 and a beta of 0.88.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. Analysts expect that CSW Industrials, Inc. will post 8.49 earnings per share for the current year.

CSW Industrials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 25th will be paid a dividend of $0.27 per share. The ex-dividend date is Friday, April 25th. This is a positive change from CSW Industrials's previous quarterly dividend of $0.24. This represents a $1.08 annualized dividend and a yield of 0.36%. CSW Industrials's dividend payout ratio is currently 12.90%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on CSWI shares. Truist Financial initiated coverage on shares of CSW Industrials in a research note on Friday, February 14th. They set a "hold" rating and a $362.00 price objective for the company. Citigroup cut their price target on CSW Industrials from $364.00 to $313.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Wells Fargo & Company decreased their price objective on 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. The Goldman Sachs Group cut their target price on shares of CSW Industrials from $450.00 to $400.00 and set a "neutral" rating for the company in a research note on Tuesday, January 14th. Finally, StockNews.com downgraded shares of CSW Industrials from a "buy" rating to a "hold" rating in a report on Monday, February 3rd. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, CSW Industrials presently has a consensus rating of "Hold" and a consensus target price of $342.50.

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.