The Manufacturers Life Insurance Company Takes Position in Gibraltar Industries, Inc. $ROCK

The Manufacturers Life Insurance Company purchased a new position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 13,092 shares of the construction company’s stock, valued at approximately $590,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Van Hulzen Asset Management LLC purchased a new stake in shares of Gibraltar Industries in the 2nd quarter valued at about $898,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Gibraltar Industries in the 2nd quarter valued at about $2,246,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Gibraltar Industries during the 2nd quarter worth approximately $44,420,000. Quantbot Technologies LP acquired a new position in Gibraltar Industries during the second quarter worth approximately $1,040,000. Finally, Ieq Capital LLC purchased a new stake in Gibraltar Industries in the second quarter valued at approximately $492,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on ROCK shares. Longbow Research assumed coverage on Gibraltar Industries in a report on Tuesday, July 7th. They set a “buy” rating on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Wednesday, August 26th. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $55.00 price objective on shares of Gibraltar Industries in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Gibraltar Industries Stock Performance

Shares of ROCK stock opened at $47.25 on Monday. The company has a current ratio of 1.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.37. The stock has a 50 day simple moving average of $45.53 and a 200-day simple moving average of $42.41. The company has a market cap of $1.40 billion, a price-to-earnings ratio of -9.38, a price-to-earnings-growth ratio of 0.82 and a beta of 1.23. Gibraltar Industries, Inc. has a 12-month low of $33.56 and a 12-month high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.09. The firm had revenue of $509.55 million for the quarter, compared to analyst estimates of $472.09 million. Gibraltar Industries had a positive return on equity of 11.23% and a negative net margin of 10.43%.Gibraltar Industries’s quarterly revenue was down 100.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.13 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities analysts forecast that Gibraltar Industries, Inc. will post 3.84 EPS for the current year.

Gibraltar Industries Company Profile

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.