Royce & Associates LP Purchases 17,038 Shares of Gibraltar Industries, Inc. $ROCK

Royce & Associates LP increased its position in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 14.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 134,512 shares of the construction company’s stock after purchasing an additional 17,038 shares during the period. Royce & Associates LP’s holdings in Gibraltar Industries were worth $8,447,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in ROCK. Rafferty Asset Management LLC increased its stake in shares of Gibraltar Industries by 124.8% in the third quarter. Rafferty Asset Management LLC now owns 23,354 shares of the construction company’s stock worth $1,467,000 after purchasing an additional 12,966 shares in the last quarter. Hohimer Wealth Management LLC boosted its holdings in Gibraltar Industries by 8.6% in the 3rd quarter. Hohimer Wealth Management LLC now owns 4,281 shares of the construction company’s stock worth $269,000 after buying an additional 339 shares during the period. Clayton Partners LLC purchased a new position in Gibraltar Industries in the 3rd quarter valued at approximately $4,182,000. Citigroup Inc. raised its holdings in Gibraltar Industries by 28.3% during the 3rd quarter. Citigroup Inc. now owns 70,531 shares of the construction company’s stock valued at $4,429,000 after acquiring an additional 15,555 shares during the period. Finally, Guidance Capital Inc. lifted its position in shares of Gibraltar Industries by 3.7% during the third quarter. Guidance Capital Inc. now owns 9,144 shares of the construction company’s stock worth $623,000 after acquiring an additional 323 shares in the last quarter. 98.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Gibraltar Industries Stock Down 2.9%

Gibraltar Industries stock opened at $43.83 on Wednesday. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of -29.22, a PEG ratio of 0.80 and a beta of 1.34. The business has a 50-day simple moving average of $51.81 and a 200 day simple moving average of $56.63. Gibraltar Industries, Inc. has a 52 week low of $42.86 and a 52 week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share for the quarter, beating 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 firm had revenue of $268.69 million for the quarter, compared to analysts’ expectations of $265.13 million. During the same quarter last year, the firm posted $1.01 EPS. The company’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. On average, research analysts anticipate that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current year.

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.