Gamco Investors INC. ET AL Grows Stock Position in Gibraltar Industries, Inc. $ROCK

Gamco Investors INC. ET AL grew its stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 15.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 105,795 shares of the construction company’s stock after buying an additional 14,525 shares during the quarter. Gamco Investors INC. ET AL owned 0.36% of Gibraltar Industries worth $4,218,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Boston Partners raised its position in Gibraltar Industries by 3,483.6% during the fourth quarter. Boston Partners now owns 923,711 shares of the construction company’s stock valued at $45,993,000 after acquiring an additional 897,935 shares in the last quarter. Alliancebernstein L.P. boosted its position in Gibraltar Industries by 694.4% in the 3rd quarter. Alliancebernstein L.P. now owns 536,668 shares of the construction company’s stock worth $33,703,000 after purchasing an additional 469,111 shares in the last quarter. First Wilshire Securities Management Inc. grew its stake in shares of Gibraltar Industries by 287.7% during the 1st quarter. First Wilshire Securities Management Inc. now owns 499,923 shares of the construction company’s stock worth $19,932,000 after purchasing an additional 370,985 shares during the period. Jane Street Group LLC acquired a new stake in shares of Gibraltar Industries during the 4th quarter worth approximately $4,700,000. Finally, Pacer Advisors Inc. purchased a new position in shares of Gibraltar Industries during the 4th quarter valued at approximately $4,122,000. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Stock Up 1.6%

Gibraltar Industries stock opened at $45.91 on Tuesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.41 and a quick ratio of 0.87. The stock has a market capitalization of $1.36 billion, a PE ratio of -10.32, a price-to-earnings-growth ratio of 0.79 and a beta of 1.21. The business has a 50 day simple moving average of $40.99 and a 200-day simple moving average of $43.70. Gibraltar Industries, Inc. has a 12 month low of $33.56 and a 12 month high of $75.08.

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

Insider Activity

In related news, CFO Joseph A. Lovechio bought 1,000 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was acquired at an average price of $34.62 per share, with a total value of $34,620.00. Following the completion of the purchase, the chief financial officer directly owned 13,390 shares of the company’s stock, valued at approximately $463,561.80. This trade represents a 8.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO William T. Bosway purchased 19,735 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average cost of $37.44 per share, for a total transaction of $738,878.40. Following the completion of the purchase, the chief executive officer directly owned 250,320 shares in the company, valued at $9,371,980.80. This represents a 8.56% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 22,135 shares of company stock worth $823,380 over the last 90 days. 0.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Seaport Research Partners reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Gibraltar Industries in a report on Tuesday, May 12th. Finally, Longbow Research initiated coverage on shares of Gibraltar Industries in a research report on Tuesday, July 7th. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.