Mountain Pacific Investment Advisers Inc. ID Purchases 181 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Mountain Pacific Investment Advisers Inc. ID boosted its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 0.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 126,847 shares of the basic materials company’s stock after acquiring an additional 181 shares during the period. CSW Industrials accounts for approximately 1.6% of Mountain Pacific Investment Advisers Inc. ID’s portfolio, making the stock its 24th largest holding. Mountain Pacific Investment Advisers Inc. ID owned approximately 0.82% of CSW Industrials worth $26,309,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Fifth Third Bancorp bought a new stake in shares of CSW Industrials in the fourth quarter valued at approximately $31,000. Cullen Frost Bankers Inc. purchased a new stake in shares of CSW Industrials during the third quarter worth $51,000. Huntington National Bank boosted its holdings in shares of CSW Industrials by 1,722.7% in the third quarter. Huntington National Bank now owns 401 shares of the basic materials company’s stock worth $70,000 after acquiring an additional 379 shares during the period. Simplex Trading LLC purchased a new position in shares of CSW Industrials in the fourth quarter valued at $93,000. Finally, Crewe Advisors LLC bought a new stake in shares of CSW Industrials during the 3rd quarter valued at $110,000. 82.79% of the stock is owned by hedge funds and other institutional investors.

CSW Industrials Stock Up 0.5 %

Shares of NASDAQ CSWI opened at $239.00 on Friday. The company has a quick ratio of 1.40, a current ratio of 2.77 and a debt-to-equity ratio of 0.26. The company has a market cap of $3.71 billion, a P/E ratio of 38.36, a P/E/G ratio of 1.95 and a beta of 0.73. CSW Industrials, Inc. has a 52 week low of $132.06 and a 52 week high of $243.30. The business has a 50-day simple moving average of $233.19 and a two-hundred day simple moving average of $207.90.

CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings results on Thursday, February 1st. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.10). The firm had revenue of $174.97 million during the quarter, compared to analysts’ expectations of $180.80 million. CSW Industrials had a return on equity of 18.47% and a net margin of 12.47%. Research analysts anticipate that CSW Industrials, Inc. will post 6.83 earnings per share for the current fiscal year.

CSW Industrials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Friday, April 26th will be paid a $0.21 dividend. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a yield of 0.35%. The ex-dividend date of this dividend is Thursday, April 25th. CSW Industrials’s dividend payout ratio is currently 12.20%.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $232.36, for a total value of $232,360.00. Following the completion of the transaction, the chief executive officer now owns 50,997 shares of the company’s stock, valued at approximately $11,849,662.92. The transaction was disclosed in a filing with the SEC, which is available through this link. In other CSW Industrials news, EVP Don Sullivan sold 7,826 shares of CSW Industrials stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $230.90, for a total transaction of $1,807,023.40. Following the completion of the sale, the executive vice president now owns 28,956 shares of the company’s stock, valued at $6,685,940.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Joseph B. Armes sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $232.36, for a total value of $232,360.00. Following the completion of the sale, the chief executive officer now directly owns 50,997 shares of the company’s stock, valued at approximately $11,849,662.92. The disclosure for this sale can be found here. Insiders have sold a total of 10,826 shares of company stock valued at $2,502,133 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.

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.