James Metcalf Acquires 12,444 Shares of Gibraltar Industries (NASDAQ:ROCK) Stock

Gibraltar Industries, Inc. (NASDAQ:ROCKGet Free Report) Director James Metcalf bought 12,444 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average price of $40.35 per share, with a total value of $502,115.40. Following the transaction, the director directly owned 15,500 shares of the company’s stock, valued at $625,425. This represents a 407.20% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Gibraltar Industries Trading Down 2.5%

Shares of ROCK opened at $41.27 on Friday. The business’s 50 day moving average is $50.43 and its 200 day moving average is $55.50. Gibraltar Industries, Inc. has a 12-month low of $37.79 and a 12-month high of $75.08. The company has a market capitalization of $1.22 billion, a PE ratio of -27.51, a price-to-earnings-growth ratio of 0.75 and a beta of 1.34.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ROCK. EverSource Wealth Advisors LLC increased its position in Gibraltar Industries by 73.0% in the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after purchasing an additional 203 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Gibraltar Industries by 822.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock valued at $25,000 after purchasing an additional 444 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Gibraltar Industries by 240.0% in the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock worth $25,000 after buying an additional 360 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Gibraltar Industries in the 3rd quarter worth $38,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Gibraltar Industries in the 4th quarter worth about $39,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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About Gibraltar Industries

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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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