Gibraltar Industries, Inc. $ROCK Shares Acquired by First Wilshire Securities Management Inc.

First Wilshire Securities Management Inc. boosted its stake in Gibraltar Industries, Inc. (NASDAQ:ROCKFree Report) by 287.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 499,923 shares of the construction company’s stock after buying an additional 370,985 shares during the quarter. Gibraltar Industries makes up about 4.5% of First Wilshire Securities Management Inc.’s investment portfolio, making the stock its 6th largest position. First Wilshire Securities Management Inc.’s holdings in Gibraltar Industries were worth $19,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of ROCK. Hantz Financial Services Inc. grew its position in Gibraltar Industries by 240.0% in the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after acquiring an additional 360 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in shares of 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 acquiring an additional 444 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Gibraltar Industries by 73.0% during the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after acquiring an additional 203 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Gibraltar Industries in the 3rd quarter valued at $38,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Gibraltar Industries in the 4th quarter valued at $39,000. Institutional investors and hedge funds own 98.39% of the company’s stock.

Insider Transactions at Gibraltar Industries

In other news, CEO William T. Bosway purchased 19,735 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of $37.44 per share, with a total value of $738,878.40. Following the completion of the purchase, the chief executive officer directly owned 250,320 shares of the company’s stock, valued at $9,371,980.80. The trade was a 8.56% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Katherine Bolanowski purchased 1,400 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was purchased 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 of the company’s stock, valued at $619,570.07. The trade was a 8.76% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 22,135 shares of company stock worth $823,380 over the last 90 days. 0.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ROCK. Longbow Research began coverage on shares of Gibraltar Industries in a report on Tuesday, July 7th. They issued a “buy” rating on the stock. Zacks Research raised shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research report on Friday, May 29th. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $55.00 price objective on shares of Gibraltar Industries in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Analysis on ROCK

Gibraltar Industries Price Performance

ROCK opened at $43.59 on Wednesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.41 and a quick ratio of 0.87. The stock has a market capitalization of $1.29 billion, a P/E ratio of -9.80, a price-to-earnings-growth ratio of 0.77 and a beta of 1.21. The company’s 50 day simple moving average is $40.34 and its 200-day simple moving average is $43.85. Gibraltar Industries, Inc. has a one year low of $33.56 and a one year high of $75.08.

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

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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