Tudor Investment Corp ET AL Takes $7.82 Million Position in CSW Industrials, Inc. (NASDAQ:CSWI)

Tudor Investment Corp ET AL bought a new position in shares of CSW Industrials, Inc. (NASDAQ:CSWI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,150 shares of the basic materials company's stock, valued at approximately $7,815,000. Tudor Investment Corp ET AL owned about 0.13% of CSW Industrials at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Susquehanna Fundamental Investments LLC acquired a new stake in shares of CSW Industrials in the 4th quarter valued at approximately $607,000. Two Sigma Securities LLC bought a new position in CSW Industrials in the 4th quarter valued at approximately $1,135,000. Nebula Research & Development LLC acquired a new stake in CSW Industrials in the fourth quarter valued at approximately $1,982,000. Price T Rowe Associates Inc. MD grew its stake in shares of CSW Industrials by 0.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 207,136 shares of the basic materials company's stock worth $73,079,000 after buying an additional 661 shares during the last quarter. Finally, Massar Capital Management LP acquired a new position in shares of CSW Industrials during the fourth quarter worth $1,219,000. 82.79% of the stock is currently owned by institutional investors.

CSW Industrials Stock Down 0.2 %

CSW Industrials stock traded down $0.77 during mid-day trading on Monday, hitting $320.18. 14,694 shares of the stock were exchanged, compared to its average volume of 134,879. The firm's fifty day simple moving average is $295.35 and its two-hundred day simple moving average is $344.67. CSW Industrials, Inc. has a 12 month low of $239.67 and a 12 month high of $436.50. The stock has a market capitalization of $5.37 billion, a price-to-earnings ratio of 38.25 and a beta of 0.96.

CSW Industrials (NASDAQ:CSWI - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.37 by $0.11. CSW Industrials had a net margin of 15.53% and a return on equity of 15.72%. As a group, analysts forecast that CSW Industrials, Inc. will post 8.49 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 9th. Stockholders of record on Friday, April 25th will be issued a dividend of $0.27 per share. This is an increase from CSW Industrials's previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, April 25th. This represents a $1.08 annualized dividend and a dividend yield of 0.34%. CSW Industrials's payout ratio is currently 12.90%.

Insider Transactions at CSW Industrials

In other CSW Industrials news, Director Robert M. Swartz sold 200 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $289.10, for a total transaction of $57,820.00. Following the completion of the sale, the director now directly owns 13,119 shares of the company's stock, valued at approximately $3,792,702.90. The trade was a 1.50 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Don Sullivan sold 2,222 shares of CSW Industrials stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $292.12, for a total value of $649,090.64. Following the transaction, the executive vice president now directly owns 24,853 shares in the company, valued at approximately $7,260,058.36. The trade was a 8.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,776 shares of company stock valued at $2,595,496 over the last ninety days. 1.40% of the stock is owned by company insiders.

Analyst Ratings Changes

CSWI has been the topic of several recent research reports. The Goldman Sachs Group cut their price objective on CSW Industrials from $450.00 to $400.00 and set a "neutral" rating on the stock in a report on Tuesday, January 14th. Wells Fargo & Company dropped their price objective on shares of CSW Industrials from $350.00 to $295.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Truist Financial initiated coverage on shares of CSW Industrials in a research report on Friday, February 14th. They set a "hold" rating and a $362.00 target price on the stock. StockNews.com cut shares of CSW Industrials from a "buy" rating to a "hold" rating in a research report on Monday, February 3rd. Finally, Citigroup cut their price target on shares of CSW Industrials from $364.00 to $313.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $342.50.

CSW Industrials Company 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.