Katherine Bolanowski Buys 1,400 Shares of Gibraltar Industries (NASDAQ:ROCK) Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) VP Katherine Bolanowski purchased 1,400 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was bought at an average price of $35.63 per share, for a total transaction of $49,882.00. Following the acquisition, the vice president owned 17,389 shares in the company, valued at $619,570.07. The trade was a 8.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Gibraltar Industries Stock Up 4.6%

Shares of ROCK opened at $37.18 on Friday. The firm has a market cap of $1.10 billion, a PE ratio of -8.36, a price-to-earnings-growth ratio of 0.65 and a beta of 1.26. The company’s fifty day moving average is $39.22 and its two-hundred day moving average is $47.09. Gibraltar Industries, Inc. has a fifty-two week low of $33.56 and a fifty-two week high of $75.08. The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 1.39.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.04). The company had revenue of $356.29 million during the quarter, compared to analyst estimates of $350.15 million. Gibraltar Industries had a negative net margin of 10.68% and a positive return on equity of 10.86%. The firm’s revenue for the quarter was up 44.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.95 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts forecast that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current year.

Hedge Funds Weigh In On Gibraltar Industries

A number of hedge funds have recently made changes to their positions in ROCK. Clayton Partners LLC purchased a new stake in Gibraltar Industries during the 3rd quarter worth $4,182,000. Y Intercept Hong Kong Ltd purchased a new stake in Gibraltar Industries during the 3rd quarter worth $634,000. Citigroup Inc. increased its stake in Gibraltar Industries by 28.3% during the 3rd quarter. Citigroup Inc. now owns 70,531 shares of the construction company’s stock worth $4,429,000 after buying an additional 15,555 shares during the period. Teacher Retirement System of Texas increased its stake in Gibraltar Industries by 294.7% during the 3rd quarter. Teacher Retirement System of Texas now owns 73,524 shares of the construction company’s stock worth $4,617,000 after buying an additional 54,895 shares during the period. Finally, Teton Advisors LLC purchased a new stake in Gibraltar Industries during the 3rd quarter worth $3,423,000. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on ROCK. Seaport Research Partners reissued a “buy” rating and issued a $55.00 target price on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Zacks Research raised shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.