King Luther Capital Management Corp Buys New Shares in CSW Industrials, Inc. $CSW

King Luther Capital Management Corp purchased a new position in shares of CSW Industrials, Inc. (NYSE:CSW) during the 4th quarter, Holdings Channel.com reports. The fund purchased 29,644 shares of the basic materials company’s stock, valued at approximately $8,701,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CSW. AQR Capital Management LLC grew its position in CSW Industrials by 12.4% during the 1st quarter. AQR Capital Management LLC now owns 5,675 shares of the basic materials company’s stock worth $1,654,000 after purchasing an additional 624 shares during the period. Integrated Wealth Concepts LLC grew its position in CSW Industrials by 20.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 970 shares of the basic materials company’s stock worth $283,000 after purchasing an additional 162 shares during the period. GAMMA Investing LLC acquired a new stake in CSW Industrials during the 4th quarter worth about $50,000. Anderson Hoagland & Co. acquired a new stake in CSW Industrials during the 4th quarter worth about $365,000. Finally, Park Avenue Securities LLC acquired a new stake in CSW Industrials during the 4th quarter worth about $746,000. 82.79% of the stock is owned by institutional investors and hedge funds.

CSW Industrials Price Performance

NYSE:CSW opened at $289.27 on Thursday. CSW Industrials, Inc. has a 52 week low of $230.45 and a 52 week high of $337.02. The company has a quick ratio of 0.97, a current ratio of 2.60 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $4.76 billion, a PE ratio of 43.30 and a beta of 0.88. The stock’s 50-day moving average price is $274.90 and its 200-day moving average price is $285.83.

CSW Industrials (NYSE:CSW) last posted its earnings results on Tuesday, May 26th. The basic materials company reported $3.14 EPS for the quarter, beating analysts’ consensus estimates of $2.34 by $0.80. CSW Industrials had a return on equity of 15.91% and a net margin of 10.35%.The firm had revenue of $308.96 million for the quarter. The business’s revenue was up 34.0% on a year-over-year basis. As a group, equities analysts expect that CSW Industrials, Inc. will post 11.92 EPS for the current fiscal year.

CSW Industrials Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Friday, April 24th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, April 24th. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.27. CSW Industrials’s payout ratio is presently 15.92%.

Insider Transactions at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,500 shares of CSW Industrials stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $283.94, for a total value of $425,910.00. Following the sale, the chief executive officer directly owned 70,600 shares in the company, valued at approximately $20,046,164. The trade was a 2.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Luke Alverson sold 1,007 shares of CSW Industrials stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $289.57, for a total value of $291,596.99. Following the completion of the sale, the senior vice president owned 12,450 shares in the company, valued at approximately $3,605,146.50. The trade was a 7.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 5,180 shares of company stock valued at $1,465,478. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CSW has been the topic of several analyst reports. Truist Financial cut their price target on CSW Industrials from $301.00 to $300.00 and set a “hold” rating on the stock in a research report on Wednesday. Robert W. Baird began coverage on CSW Industrials in a research report on Tuesday, February 17th. They set an “outperform” rating and a $378.00 target price on the stock. Citigroup dropped their target price on CSW Industrials from $307.00 to $304.00 and set a “neutral” rating on the stock in a research report on Wednesday. Weiss Ratings upgraded CSW Industrials from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Wells Fargo & Company raised their target price on CSW Industrials from $280.00 to $285.00 and gave the company an “equal weight” rating in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $328.57.

Key CSW Industrials News

Here are the key news stories impacting CSW Industrials this week:

• Positive Sentiment: CSW beat earnings and revenue expectations, highlighting strong quarterly execution and a 34% increase in revenue year over year. Article Title
• Positive Sentiment: The company reported record quarterly and full-year results, with management pointing to improving growth in Contractor Solutions and synergy benefits from integration. Article Title
• Neutral Sentiment: Citigroup lowered its price target slightly to $304 from $307 but kept a neutral rating, suggesting limited near-term upside in the analyst’s view. Article Title
• Neutral Sentiment: CEO Joseph B. Armes sold 1,500 shares under a pre-arranged 10b5-1 plan, which is usually seen as routine insider activity rather than a major negative signal. Article Title
• Negative Sentiment: Some commentary suggests investors are weighing margin pressure and a less-bullish outlook despite the strong earnings beat. Article Title

CSW Industrials Profile

CSW Industrials, Inc is a diversified industrial manufacturer that develops and supplies specialty chemical products, performance materials and precision surface solutions. The company’s offerings span a range of end markets including energy, industrial processing, converting and automotive, where its products serve critical functions in production efficiency, equipment maintenance and process enhancement.

In its chemical business, CSW Industrials produces solvent- and water-based formulations such as surfactants, corrosion inhibitors and custom blends used in oilfield exploration and production, metalworking, water treatment and other industrial applications.