Vanguard Group Inc. Sells 36,614 Shares of Gibraltar Industries, Inc. $ROCK

Vanguard Group Inc. cut its position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) by 1.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,863,575 shares of the construction company’s stock after selling 36,614 shares during the quarter. Vanguard Group Inc. owned about 0.10% of Gibraltar Industries worth $141,575,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd bought a new position in Gibraltar Industries in the third quarter worth $634,000. Clayton Partners LLC acquired a new position in shares of Gibraltar Industries in the 3rd quarter valued at $4,182,000. Citigroup Inc. raised its stake in shares of Gibraltar Industries by 28.3% in the 3rd quarter. Citigroup Inc. now owns 70,531 shares of the construction company’s stock valued at $4,429,000 after buying an additional 15,555 shares in the last quarter. Teton Advisors LLC bought a new position in shares of Gibraltar Industries during the 3rd quarter worth about $3,423,000. Finally, Teacher Retirement System of Texas boosted its position in shares of Gibraltar Industries by 294.7% during the 3rd quarter. Teacher Retirement System of Texas now owns 73,524 shares of the construction company’s stock valued at $4,617,000 after acquiring an additional 54,895 shares in the last quarter. Institutional investors and hedge funds own 98.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Gibraltar Industries Stock Down 3.8%

Shares of NASDAQ:ROCK opened at $39.24 on Tuesday. The company’s fifty day moving average is $40.33 and its 200-day moving average is $48.89. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. Gibraltar Industries, Inc. has a 52 week low of $35.25 and a 52 week high of $75.08. The company has a market capitalization of $1.16 billion, a PE ratio of -8.82, a P/E/G ratio of 0.72 and a beta of 1.26.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.04). The firm had revenue of $356.29 million for the quarter, compared to the consensus estimate of $350.15 million. Gibraltar Industries had a negative net margin of 10.68% and a positive return on equity of 10.86%. The company’s revenue for the quarter was up 44.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.95 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities research analysts predict that Gibraltar Industries, Inc. will post 3.77 earnings per share for the current fiscal year.

Insider Activity at Gibraltar Industries

In other Gibraltar Industries news, CEO William T. Bosway bought 4,500 shares of Gibraltar Industries stock in a transaction dated Monday, March 9th. The shares were acquired at an average cost of $38.29 per share, with a total value of $172,305.00. Following the acquisition, the chief executive officer directly owned 228,085 shares of the company’s stock, valued at $8,733,374.65. The trade was a 2.01% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James S. Metcalf purchased 12,444 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average cost of $40.35 per share, with a total value of $502,115.40. Following the completion of the acquisition, the director directly owned 15,500 shares in the company, valued at approximately $625,425. This represents a 407.20% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 19,444 shares of company stock worth $775,070 over the last three months. 0.90% of the stock is owned by company insiders.

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.