Strs Ohio Sells 400 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Strs Ohio lessened its holdings in CSW Industrials, Inc. (NASDAQ:CSWI) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,700 shares of the basic materials company’s stock after selling 400 shares during the quarter. Strs Ohio’s holdings in CSW Industrials were worth $1,182,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CSWI. Vanguard Group Inc. increased its position in shares of CSW Industrials by 1.9% in the third quarter. Vanguard Group Inc. now owns 854,363 shares of the basic materials company’s stock valued at $149,719,000 after buying an additional 15,809 shares in the last quarter. Conestoga Capital Advisors LLC raised its holdings in shares of CSW Industrials by 81.5% in the 4th quarter. Conestoga Capital Advisors LLC now owns 398,680 shares of the basic materials company’s stock valued at $82,690,000 after buying an additional 178,962 shares during the period. Northern Trust Corp raised its holdings in shares of CSW Industrials by 14.1% in the 3rd quarter. Northern Trust Corp now owns 192,084 shares of the basic materials company’s stock valued at $33,661,000 after buying an additional 23,726 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of CSW Industrials by 2.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 142,858 shares of the basic materials company’s stock valued at $25,034,000 after buying an additional 3,182 shares during the period. Finally, Mountain Pacific Investment Advisers Inc. ID increased its holdings in CSW Industrials by 0.4% during the 3rd quarter. Mountain Pacific Investment Advisers Inc. ID now owns 126,666 shares of the basic materials company’s stock worth $22,197,000 after purchasing an additional 482 shares during the period. Institutional investors and hedge funds own 82.79% of the company’s stock.

Insider Activity at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $232.36, for a total value of $232,360.00. Following the sale, the chief executive officer now directly owns 50,997 shares in the company, valued at $11,849,662.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, 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 transaction of $1,807,023.40. Following the completion of the transaction, the executive vice president now directly owns 28,956 shares of the company’s stock, valued at $6,685,940.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $232.36, for a total value of $232,360.00. Following the transaction, the chief executive officer now directly owns 50,997 shares of the company’s stock, valued at $11,849,662.92. The disclosure for this sale can be found here. Insiders have sold a total of 10,826 shares of company stock worth $2,502,133 over the last three months. 1.30% of the stock is currently owned by corporate insiders.

CSW Industrials Price Performance

Shares of NASDAQ CSWI opened at $234.35 on Tuesday. CSW Industrials, Inc. has a 1-year low of $132.06 and a 1-year high of $243.30. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 37.62, a price-to-earnings-growth ratio of 1.90 and a beta of 0.73. 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’s 50-day moving average is $232.14 and its two-hundred day moving average is $206.62.

CSW Industrials (NASDAQ:CSWI) last released its quarterly earnings results on Thursday, February 1st. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.17 by ($0.10). The firm had revenue of $174.97 million for the quarter, compared to analysts’ expectations of $180.80 million. CSW Industrials had a return on equity of 18.47% and a net margin of 12.47%. Analysts forecast that CSW Industrials, Inc. will post 6.83 EPS for the current fiscal year.

CSW Industrials Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Friday, April 26th will be paid a $0.21 dividend. The ex-dividend date is Thursday, April 25th. This is an increase from CSW Industrials’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.36%. CSW Industrials’s payout ratio is 12.20%.

CSW Industrials Company 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.