CSW Industrials, Inc. (NASDAQ:CSWI) Stake Decreased by First Horizon Advisors Inc.

First Horizon Advisors Inc. trimmed its holdings in CSW Industrials, Inc. (NASDAQ:CSWI) by 14.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 269 shares of the basic materials company’s stock after selling 46 shares during the quarter. First Horizon Advisors Inc.’s holdings in CSW Industrials were worth $56,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CSWI. Dark Forest Capital Management LP acquired a new position in shares of CSW Industrials during the third quarter valued at $395,000. Jump Financial LLC raised its position in shares of CSW Industrials by 62.0% during the 3rd quarter. Jump Financial LLC now owns 9,559 shares of the basic materials company’s stock worth $1,675,000 after buying an additional 3,659 shares in the last quarter. Vaughan David Investments LLC IL acquired a new stake in shares of CSW Industrials in the 4th quarter worth approximately $207,000. Cullen Frost Bankers Inc. bought a new position in shares of CSW Industrials in the third quarter valued at approximately $51,000. Finally, Raymond James & Associates increased its stake in shares of CSW Industrials by 508.5% during the fourth quarter. Raymond James & Associates now owns 20,701 shares of the basic materials company’s stock valued at $4,294,000 after acquiring an additional 17,299 shares during the period. 82.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $230.06, for a total value of $230,060.00. Following the completion of the sale, the chief executive officer now directly owns 49,997 shares of the company’s stock, valued at approximately $11,502,309.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $230.06, for a total transaction of $230,060.00. Following the completion of the sale, the chief executive officer now directly owns 49,997 shares of the company’s stock, valued at approximately $11,502,309.82. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Don Sullivan sold 7,826 shares of CSW Industrials stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $230.90, for a total value of $1,807,023.40. Following the completion of the transaction, the executive vice president now owns 28,956 shares in the company, valued at $6,685,940.40. The disclosure for this sale can be found here. Insiders sold 10,826 shares of company stock valued at $2,502,133 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

CSW Industrials Price Performance

Shares of NASDAQ:CSWI opened at $250.34 on Wednesday. The stock’s 50 day moving average price is $234.99 and its 200 day moving average price is $211.66. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.77 and a quick ratio of 1.40. The stock has a market cap of $3.89 billion, a price-to-earnings ratio of 40.18, a PEG ratio of 1.99 and a beta of 0.72. CSW Industrials, Inc. has a 12 month low of $132.66 and a 12 month high of $252.14.

CSW Industrials Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Friday, April 26th will be issued a $0.21 dividend. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, April 25th. This represents a $0.84 annualized dividend and a dividend yield of 0.34%. CSW Industrials’s dividend payout ratio is 13.48%.

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.