CSW Industrials, Inc. (NASDAQ:CSWI) Shares Bought by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund boosted its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,934 shares of the basic materials company’s stock after buying an additional 34 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in CSW Industrials were worth $1,388,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of CSWI. Private Advisor Group LLC purchased a new stake in shares of CSW Industrials in the 3rd quarter valued at approximately $202,000. Nisa Investment Advisors LLC increased its position in shares of CSW Industrials by 508.8% in the 3rd quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock valued at $76,000 after purchasing an additional 173 shares during the last quarter. New York State Teachers Retirement System purchased a new stake in shares of CSW Industrials in the 3rd quarter valued at approximately $1,429,000. Farther Finance Advisors LLC increased its position in shares of CSW Industrials by 16.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 328 shares of the basic materials company’s stock valued at $120,000 after purchasing an additional 46 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of CSW Industrials by 5.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 2,588 shares of the basic materials company’s stock valued at $948,000 after purchasing an additional 128 shares during the last quarter. 82.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

CSW Industrials Stock Performance

NASDAQ CSWI opened at $306.09 on Friday. The firm has a market cap of $5.14 billion, a PE ratio of 36.57 and a beta of 0.84. CSW Industrials, Inc. has a one year low of $221.10 and a one year high of $436.50. The firm’s fifty day moving average is $343.87 and its two-hundred day moving average is $360.62.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings data on Thursday, January 30th. The basic materials company reported $1.48 EPS for the quarter, beating 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%. Research analysts predict that CSW Industrials, Inc. will post 8.49 earnings per share for the current year.

CSW Industrials Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, January 31st were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $0.96 dividend on an annualized basis and a yield of 0.31%. CSW Industrials’s dividend payout ratio is presently 11.47%.

Insider Buying and Selling at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $389.78, for a total value of $389,780.00. Following the sale, the chief executive officer now owns 49,698 shares of the company’s stock, valued at $19,371,286.44. The trade was a 1.97 % 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. Also, SVP Luke Alverson sold 1,416 shares of CSW Industrials stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $387.15, for a total transaction of $548,204.40. Following the completion of the sale, the senior vice president now directly owns 17,156 shares in the company, valued at approximately $6,641,945.40. The trade was a 7.62 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,103 shares of company stock worth $3,437,104. 1.40% of the stock is owned by company insiders.

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.