CSM Advisors LLC Buys Shares of 80,094 Gibraltar Industries, Inc. $ROCK

CSM Advisors LLC bought a new position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCKFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 80,094 shares of the construction company’s stock, valued at approximately $5,030,000. CSM Advisors LLC owned 0.27% of Gibraltar Industries at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ROCK. EverSource Wealth Advisors LLC lifted its holdings in shares of Gibraltar Industries by 73.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after acquiring an additional 203 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in Gibraltar Industries by 16.8% during the 2nd quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock valued at $79,000 after acquiring an additional 194 shares during the period. Nisa Investment Advisors LLC grew its position in Gibraltar Industries by 149.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,706 shares of the construction company’s stock valued at $170,000 after acquiring an additional 1,620 shares in the last quarter. State of Wyoming increased its stake in Gibraltar Industries by 220.6% during the second quarter. State of Wyoming now owns 3,036 shares of the construction company’s stock worth $179,000 after purchasing an additional 2,089 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in shares of Gibraltar Industries by 861.0% during the second quarter. Tower Research Capital LLC TRC now owns 3,306 shares of the construction company’s stock worth $195,000 after purchasing an additional 2,962 shares in the last quarter. 98.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director James S. Metcalf purchased 12,444 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average price of $40.35 per share, with a total value of $502,115.40. Following the completion of the acquisition, the director directly owned 15,500 shares in the company, valued at $625,425. This represents a 407.20% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William T. Bosway purchased 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average price of $39.52 per share, for a total transaction of $59,280.00. Following the transaction, the chief executive officer directly owned 229,585 shares in the company, valued at $9,073,199.20. This trade represents a 0.66% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 18,444 shares of company stock valued at $733,700 in the last quarter. Insiders own 0.50% of the company’s stock.

Gibraltar Industries Stock Down 2.5%

Shares of Gibraltar Industries stock opened at $41.27 on Monday. The firm’s 50 day moving average is $50.43 and its two-hundred day moving average is $55.38. The firm has a market capitalization of $1.22 billion, a P/E ratio of -27.51, a P/E/G ratio of 0.73 and a beta of 1.34. Gibraltar Industries, Inc. has a 52 week low of $37.79 and a 52 week high of $75.08.

Gibraltar Industries (NASDAQ:ROCKGet Free Report) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.74 by $0.02. Gibraltar Industries had a positive return on equity of 12.05% and a negative net margin of 3.76%.The company had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. During the same quarter in the previous year, the company posted $1.01 earnings per share. The firm’s revenue was up 16.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, research analysts expect that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ROCK shares. Zacks Research cut shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a report on Thursday, January 22nd. CJS Securities raised Gibraltar Industries to a “strong-buy” rating in a research note on Thursday, December 11th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Gibraltar Industries in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Gibraltar Industries

Gibraltar Industries Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Gibraltar Industries (NASDAQ:ROCK)

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