CSW Industrials, Inc. (NASDAQ:CSWI) Shares Bought by Navellier & Associates Inc.

Navellier & Associates Inc. boosted its stake in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 67.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,736 shares of the basic materials company’s stock after buying an additional 697 shares during the quarter. Navellier & Associates Inc.’s holdings in CSW Industrials were worth $612,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. State Street Corp grew its position in CSW Industrials by 71.7% during the third quarter. State Street Corp now owns 612,696 shares of the basic materials company’s stock worth $224,486,000 after buying an additional 255,849 shares during the period. Conestoga Capital Advisors LLC grew its position in CSW Industrials by 1.7% during the third quarter. Conestoga Capital Advisors LLC now owns 577,037 shares of the basic materials company’s stock worth $211,420,000 after buying an additional 9,781 shares during the period. Geode Capital Management LLC grew its position in CSW Industrials by 7.4% during the third quarter. Geode Capital Management LLC now owns 388,954 shares of the basic materials company’s stock worth $142,536,000 after buying an additional 26,728 shares during the period. Congress Asset Management Co. grew its position in CSW Industrials by 1.2% during the fourth quarter. Congress Asset Management Co. now owns 206,195 shares of the basic materials company’s stock worth $72,745,000 after buying an additional 2,544 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in CSW Industrials by 13.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 168,369 shares of the basic materials company’s stock worth $61,689,000 after buying an additional 19,659 shares during the period. 82.79% of the stock is currently owned by institutional investors and hedge funds.

CSW Industrials Stock Performance

Shares of NASDAQ CSWI opened at $302.06 on Friday. CSW Industrials, Inc. has a 1 year low of $221.10 and a 1 year high of $436.50. The firm’s 50 day moving average price is $350.57 and its 200 day moving average price is $361.08. The firm has a market cap of $5.07 billion, a P/E ratio of 36.09 and a beta of 0.84.

CSW Industrials (NASDAQ:CSWI) last announced its earnings results on Thursday, January 30th. The basic materials company reported $1.48 earnings per share (EPS) for the quarter, topping 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%. As a group, equities analysts predict that CSW Industrials, Inc. will post 8.49 EPS for the current year.

CSW Industrials Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.32%. CSW Industrials’s dividend payout ratio (DPR) is presently 11.47%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on CSWI shares. Citigroup lowered their price target on shares of CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. StockNews.com lowered shares of CSW Industrials from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd. The Goldman Sachs Group lowered their price target on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 14th. Truist Financial started coverage on shares of CSW Industrials in a research report on Friday, February 14th. They issued a “hold” rating and a $362.00 price target on the stock. Finally, Wells Fargo & Company lowered their price target on shares of CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Friday, January 31st. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, CSW Industrials currently has an average rating of “Hold” and a consensus price target of $379.00.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, EVP Don Sullivan sold 1,965 shares of CSW Industrials stock in a transaction on Monday, December 16th. The shares were sold at an average price of $387.15, for a total value of $760,749.75. Following the transaction, the executive vice president now owns 30,804 shares in the company, valued at $11,925,768.60. This trade represents a 6.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Luke Alverson sold 1,416 shares of CSW Industrials stock in a transaction on Monday, December 16th. The shares were sold at an average price of $387.15, for a total transaction of $548,204.40. Following the completion of the transaction, the senior vice president now owns 17,156 shares in the company, valued at approximately $6,641,945.40. This trade represents a 7.62 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,103 shares of company stock worth $3,437,104 in the last quarter. 1.40% of the stock is owned by insiders.

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.