Van Hulzen Asset Management LLC Makes New $898,000 Investment in Gibraltar Industries, Inc. $ROCK

Van Hulzen Asset Management LLC acquired a new position in Gibraltar Industries, Inc. (NASDAQ:ROCK) in the 2nd quarter, Holdings Channel reports. The firm acquired 19,918 shares of the construction company’s stock, valued at approximately $898,000.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Gibraltar Industries during the 2nd quarter valued at $221,886,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Gibraltar Industries in the 2nd quarter valued at $44,420,000. Boston Partners increased its holdings in Gibraltar Industries by 3,483.6% in the 4th quarter. Boston Partners now owns 923,711 shares of the construction company’s stock valued at $45,993,000 after purchasing an additional 897,935 shares in the last quarter. Alliancebernstein L.P. raised its position in Gibraltar Industries by 694.4% in the third quarter. Alliancebernstein L.P. now owns 536,668 shares of the construction company’s stock valued at $33,703,000 after purchasing an additional 469,111 shares during the period. Finally, First Wilshire Securities Management Inc. raised its position in Gibraltar Industries by 287.7% in the first quarter. First Wilshire Securities Management Inc. now owns 499,923 shares of the construction company’s stock valued at $19,932,000 after purchasing an additional 370,985 shares during the period. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Price Performance

ROCK opened at $46.27 on Tuesday. The company has a fifty day simple moving average of $44.85 and a 200 day simple moving average of $42.94. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -9.18, a PEG ratio of 0.81 and a beta of 1.22. Gibraltar Industries, Inc. has a twelve month low of $33.56 and a twelve month high of $75.08. The company has a current ratio of 1.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.37.

Gibraltar Industries (NASDAQ:ROCK) last released its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.09. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The firm had revenue of $509.55 million for the quarter, compared to the consensus estimate of $472.09 million. During the same quarter in the previous year, the firm posted $1.13 EPS. The firm’s quarterly revenue was down 100.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities research analysts expect that Gibraltar Industries, Inc. will post 3.84 EPS for the current fiscal year.

Analysts Set New Price Targets

ROCK has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. Seaport Research Partners reiterated a “buy” rating and issued a $55.00 target price on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Longbow Research assumed coverage on Gibraltar Industries in a report on Tuesday, July 7th. They set a “buy” rating on the stock. Finally, Zacks Research raised Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. 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 company’s stock. According to data from MarketBeat.com, Gibraltar Industries 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.