Gibraltar Industries (NASDAQ:ROCK) CEO Acquires $738,878.40 in Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway purchased 19,735 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average price of $37.44 per share, with a total value of $738,878.40. Following the acquisition, the chief executive officer directly owned 250,320 shares in the company, valued at approximately $9,371,980.80. The trade was a 8.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Gibraltar Industries Trading Up 5.5%

Gibraltar Industries stock traded up $2.08 during trading on Wednesday, hitting $39.56. The company had a trading volume of 183,181 shares, compared to its average volume of 349,781. Gibraltar Industries, Inc. has a 1-year low of $33.56 and a 1-year high of $75.08. The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 1.39. The company’s 50 day simple moving average is $39.04 and its 200-day simple moving average is $46.66. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of -8.87, a price-to-earnings-growth ratio of 0.65 and a beta of 1.26.

Gibraltar Industries (NASDAQ:ROCK) last posted its earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.04). Gibraltar Industries had a negative net margin of 10.68% and a positive return on equity of 10.86%. The company had revenue of $356.29 million during the quarter, compared to analyst estimates of $350.15 million. During the same quarter last year, the business posted $0.95 EPS. The firm’s revenue for the quarter was up 44.6% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, analysts expect that Gibraltar Industries, Inc. will post 3.8 EPS for the current fiscal year.

Hedge Funds Weigh In On Gibraltar Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. boosted its position in Gibraltar Industries by 16.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock valued at $79,000 after buying an additional 194 shares during the period. EverSource Wealth Advisors LLC boosted its position in Gibraltar Industries by 73.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after buying an additional 203 shares during the period. Cascade Investment Advisors Inc. boosted its position in Gibraltar Industries by 1.1% in the 4th quarter. Cascade Investment Advisors Inc. now owns 19,330 shares of the construction company’s stock valued at $956,000 after buying an additional 205 shares during the period. Gabelli Funds LLC boosted its position in Gibraltar Industries by 0.6% in the 4th quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock valued at $1,777,000 after buying an additional 208 shares during the period. Finally, State of Alaska Department of Revenue boosted its position in Gibraltar Industries by 1.6% in the 4th quarter. State of Alaska Department of Revenue now owns 16,702 shares of the construction company’s stock valued at $825,000 after buying an additional 267 shares during the period. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on ROCK. Seaport Research Partners reiterated a “buy” rating and issued a $55.00 target price on shares of Gibraltar Industries in a report on Tuesday, May 12th. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Gibraltar Industries presently has a consensus rating of “Hold”.

About Gibraltar Industries

Gibraltar Industries, Inc (NASDAQ: ROCK) is a leading manufacturer of building products and infrastructure solutions for the residential, commercial, industrial and utility markets. The company designs, engineers and markets a broad portfolio of highly engineered products to reinforce structures, improve energy efficiency and enhance safety and durability. Gibraltar’s Building Products segment includes metal roofing, siding, ventilation and structural support systems for homes and light commercial facilities, while its Infrastructure Solutions segment supplies transmission and distribution hardware, storm response equipment and renewable energy supports to utility and civil markets.

In the Building Products segment, Gibraltar offers metal and composite solutions such as roof and siding panels, deck and solar shading supports, chimney and venting systems, railings and fencing.