CSW Industrials, Inc. (NASDAQ:CSWI) EVP James E. Perry Sells 145 Shares

CSW Industrials, Inc. (NASDAQ:CSWI) EVP James E. Perry sold 145 shares of CSW Industrials stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $289.10, for a total transaction of $41,919.50. Following the transaction, the executive vice president now owns 23,137 shares of the company’s stock, valued at $6,688,906.70. This represents a 0.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CSW Industrials Stock Performance

Shares of CSWI stock opened at $295.91 on Wednesday. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 35.35 and a beta of 0.80. CSW Industrials, Inc. has a 52 week low of $226.05 and a 52 week high of $436.50. The firm’s 50-day simple moving average is $313.01 and its two-hundred day simple moving average is $357.86.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings results on Thursday, January 30th. The basic materials company reported $1.48 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%. Analysts forecast that CSW Industrials, Inc. will post 8.49 earnings per share for the current year.

CSW Industrials Announces Dividend

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

Institutional Investors Weigh In On CSW Industrials

Several institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its position in shares of CSW Industrials by 5.3% in the fourth quarter. California State Teachers Retirement System now owns 15,554 shares of the basic materials company’s stock valued at $5,487,000 after purchasing an additional 782 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in CSW Industrials by 111.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 51,306 shares of the basic materials company’s stock valued at $18,101,000 after acquiring an additional 27,042 shares during the period. Sovereign s Capital Management LLC purchased a new stake in shares of CSW Industrials during the fourth quarter worth $403,000. Squarepoint Ops LLC bought a new position in shares of CSW Industrials in the fourth quarter worth $2,013,000. Finally, Twinbeech Capital LP purchased a new position in shares of CSW Industrials in the fourth quarter valued at $262,000. 82.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Citigroup cut their price target on CSW Industrials from $466.00 to $404.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Wells Fargo & Company decreased their price target on CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating for the company in a report on Friday, January 31st. StockNews.com cut CSW Industrials from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Truist Financial began coverage on shares of CSW Industrials in a research note on Friday, February 14th. They issued a “hold” rating and a $362.00 target price for the company. Finally, The Goldman Sachs Group dropped 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. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $379.00.

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.