William Bosway Buys 19,735 Shares of Gibraltar Industries (NASDAQ:ROCK) Stock

Gibraltar Industries, Inc. (NASDAQ:ROCKGet Free Report) CEO William Bosway bought 19,735 shares of the stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $37.44 per share, with a total value of $738,878.40. Following the acquisition, the chief executive officer owned 250,320 shares of the company’s stock, valued at $9,371,980.80. This trade represents a 8.56% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Gibraltar Industries Stock Up 5.5%

Gibraltar Industries stock traded up $2.08 during mid-day trading on Wednesday, reaching $39.56. 183,181 shares of the company were exchanged, compared to its average volume of 349,781. The business has a fifty day moving average of $39.04 and a 200 day moving average of $46.66. The firm has a market cap of $1.17 billion, a P/E ratio of -8.87, a PEG ratio of 0.65 and a beta of 1.26. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. Gibraltar Industries, Inc. has a 12-month low of $33.56 and a 12-month high of $75.08.

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

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Seaport Research Partners reissued a “buy” rating and set 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 investment 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. Based on data from MarketBeat, Gibraltar Industries presently has an average rating of “Hold”.

Get Our Latest Stock Report on Gibraltar Industries

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Clayton Partners LLC acquired a new stake in shares of Gibraltar Industries during the 3rd quarter worth approximately $4,182,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Gibraltar Industries during the 3rd quarter worth approximately $634,000. Citigroup Inc. increased its holdings in shares of 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 last quarter. Teacher Retirement System of Texas increased its holdings in shares of 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 last quarter. Finally, Teton Advisors LLC acquired a new stake in shares of Gibraltar Industries during the 3rd quarter worth approximately $3,423,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Gibraltar Industries Company Profile

(Get 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.

Featured Stories

Receive News & Ratings for Gibraltar Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibraltar Industries and related companies with MarketBeat.com's FREE daily email newsletter.