CSW Industrials, Inc. (NASDAQ:CSWI) Director Robert M. Swartz Sells 200 Shares of Stock

CSW Industrials, Inc. (NASDAQ:CSWI) Director Robert M. Swartz sold 200 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $321.78, for a total transaction of $64,356.00. Following the transaction, the director now owns 13,519 shares in the company, valued at approximately $4,350,143.82. The trade was a 1.46 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

CSW Industrials Stock Performance

CSWI opened at $319.85 on Wednesday. The firm’s fifty day moving average is $373.98 and its two-hundred day moving average is $359.95. The firm has a market cap of $5.37 billion, a PE ratio of 38.21 and a beta of 0.84. CSW Industrials, Inc. has a twelve month low of $216.61 and a twelve month high of $436.50.

CSW Industrials (NASDAQ:CSWI) last issued 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 return on equity of 15.72% and a net margin of 15.53%. Equities analysts forecast that CSW Industrials, Inc. will post 8.22 EPS for the current fiscal year.

CSW Industrials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.30%. The ex-dividend date of this dividend is Friday, January 31st. CSW Industrials’s dividend payout ratio (DPR) is presently 11.47%.

Wall Street Analysts Forecast Growth

CSWI has been the topic of several analyst reports. StockNews.com lowered shares of CSW Industrials from a “buy” rating to a “hold” rating in a report on Monday. Wells Fargo & Company cut their price target on CSW Industrials from $410.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Friday, January 31st. The Goldman Sachs Group decreased their price objective on 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, Citigroup cut their target price on CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, CSW Industrials currently has a consensus rating of “Hold” and a consensus target price of $384.67.

Institutional Trading of CSW Industrials

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC lifted its holdings in shares of CSW Industrials by 105.9% in the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 36 shares in the last quarter. National Bank of Canada FI bought a new stake in CSW Industrials in the 3rd quarter valued at approximately $28,000. V Square Quantitative Management LLC acquired a new position in CSW Industrials during the 3rd quarter worth approximately $30,000. IFP Advisors Inc grew its stake in shares of CSW Industrials by 510.5% during the 4th quarter. IFP Advisors Inc now owns 116 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 97 shares in the last quarter. Finally, Peterson Financial Group Inc. acquired a new stake in shares of CSW Industrials in the third quarter valued at approximately $72,000. 82.79% of the stock is owned by institutional investors.

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.