Captrust Financial Advisors Purchases 56 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Captrust Financial Advisors grew its position in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,153 shares of the basic materials company’s stock after purchasing an additional 56 shares during the period. Captrust Financial Advisors’ holdings in CSW Industrials were worth $407,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CSWI. IFP Advisors Inc raised its stake in shares of CSW Industrials by 510.5% during the fourth quarter. IFP Advisors Inc now owns 116 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 97 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in CSW Industrials in the fourth quarter worth $51,000. Jones Financial Companies Lllp lifted its stake in CSW Industrials by 300.0% in the fourth quarter. Jones Financial Companies Lllp now owns 164 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 123 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in shares of CSW Industrials by 49.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 231 shares of the basic materials company’s stock valued at $83,000 after buying an additional 76 shares during the last quarter. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of CSW Industrials in the fourth quarter worth about $89,000. 82.79% of the stock is currently owned by hedge funds and other institutional investors.

CSW Industrials Stock Performance

CSWI stock opened at $327.59 on Tuesday. The firm has a 50 day moving average price of $300.39 and a 200-day moving average price of $340.91. CSW Industrials, Inc. has a 52-week low of $240.21 and a 52-week high of $436.50. The firm has a market capitalization of $5.50 billion, a price-to-earnings ratio of 39.14 and a beta of 0.96.

CSW Industrials Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, April 25th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.33%. This is an increase from CSW Industrials’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, April 25th. CSW Industrials’s payout ratio is 12.90%.

Insider Transactions at CSW Industrials

In other CSW Industrials news, EVP James E. Perry sold 145 shares of the stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $312.87, for a total transaction of $45,366.15. Following the sale, the executive vice president now directly owns 26,613 shares in the company, valued at approximately $8,326,409.31. This trade represents a 0.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Don Sullivan sold 1,500 shares of the business’s stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $332.16, for a total value of $498,240.00. Following the completion of the transaction, the executive vice president now owns 25,989 shares of the company’s stock, valued at $8,632,506.24. This represents a 5.46% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,276 shares of company stock valued at $3,093,736. Insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CSWI. Truist Financial began coverage on CSW Industrials in a report on Friday, February 14th. They set a “hold” rating and a $362.00 target price for the company. Wells Fargo & Company cut their target price on shares of CSW Industrials from $350.00 to $295.00 and set an “equal weight” rating on the stock in a report on Monday, April 14th. StockNews.com lowered shares of CSW Industrials from a “buy” rating to a “hold” rating in a report on Monday, February 3rd. Finally, Citigroup decreased their price objective on shares of CSW Industrials from $364.00 to $313.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $342.50.

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.