CSW Industrials, Inc. (NASDAQ:CSWI) Stock Holdings Raised by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in CSW Industrials, Inc. (NASDAQ:CSWI) by 5.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 117,472 shares of the basic materials company’s stock after purchasing an additional 6,213 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.70% of CSW Industrials worth $41,444,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Atria Investments Inc grew its position in shares of CSW Industrials by 1.4% during the 4th quarter. Atria Investments Inc now owns 2,367 shares of the basic materials company’s stock valued at $835,000 after buying an additional 32 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of CSW Industrials by 0.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,934 shares of the basic materials company’s stock valued at $1,388,000 after buying an additional 34 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of CSW Industrials by 1.0% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 3,590 shares of the basic materials company’s stock valued at $1,267,000 after buying an additional 35 shares during the last quarter. OLD National Bancorp IN grew its position in shares of CSW Industrials by 3.9% during the 4th quarter. OLD National Bancorp IN now owns 982 shares of the basic materials company’s stock valued at $346,000 after buying an additional 37 shares during the last quarter. Finally, TCTC Holdings LLC grew its position in shares of CSW Industrials by 2.3% during the 4th quarter. TCTC Holdings LLC now owns 1,841 shares of the basic materials company’s stock valued at $650,000 after buying an additional 41 shares during the last quarter. Institutional investors own 82.79% of the company’s stock.

CSW Industrials Stock Up 2.1%

CSW Industrials stock opened at $336.30 on Wednesday. The firm has a 50-day moving average price of $296.80 and a two-hundred day moving average price of $341.90. The firm has a market capitalization of $5.64 billion, a price-to-earnings ratio of 40.18 and a beta of 0.96. CSW Industrials, Inc. has a 52-week low of $239.67 and a 52-week high of $436.50.

CSW Industrials Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 25th were paid a $0.27 dividend. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.24. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date of this dividend was Friday, April 25th. CSW Industrials’s dividend payout ratio is currently 12.90%.

Insider Transactions at CSW Industrials

In other news, SVP Luke Alverson sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $292.12, for a total value of $321,332.00. Following the completion of the sale, the senior vice president now directly owns 13,434 shares of the company’s stock, valued at approximately $3,924,340.08. This represents a 7.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Don Sullivan sold 2,222 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $292.12, for a total transaction of $649,090.64. Following the completion of the sale, the executive vice president now directly owns 24,853 shares of the company’s stock, valued at approximately $7,260,058.36. This represents a 8.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 8,776 shares of company stock valued at $2,595,496. Company insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on CSWI. Citigroup lowered their price objective on shares of CSW Industrials from $364.00 to $313.00 and set a “neutral” rating for the company in a research report on Monday, April 14th. Truist Financial started coverage on shares of CSW Industrials in a research report on Friday, February 14th. They set a “hold” rating and a $362.00 price objective for the company. Wells Fargo & Company reduced their target price on shares of CSW Industrials from $350.00 to $295.00 and set an “equal weight” rating for the company in a research note on Monday, April 14th. StockNews.com lowered shares of CSW Industrials from a “buy” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group reduced their target price on shares of CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, CSW Industrials currently has an average rating of “Hold” and an average target price of $342.50.

About CSW Industrials

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.