Squarepoint Ops LLC Takes $3.75 Million Position in Gibraltar Industries, Inc. $ROCK

Squarepoint Ops LLC purchased a new position in Gibraltar Industries, Inc. (NASDAQ:ROCK) during the second quarter, HoldingsChannel.com reports. The fund purchased 83,148 shares of the construction company’s stock, valued at approximately $3,750,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its stake in Gibraltar Industries by 240.0% during the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after buying an additional 360 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Gibraltar Industries by 822.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after acquiring an additional 444 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of 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 acquiring an additional 203 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Gibraltar Industries during the third quarter valued at $38,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Gibraltar Industries during the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Price Performance

NASDAQ ROCK opened at $46.16 on Friday. Gibraltar Industries, Inc. has a one year low of $33.56 and a one year high of $75.08. The stock has a 50-day moving average of $45.69 and a 200 day moving average of $42.24. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.91 and a current ratio of 1.46. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -9.16, a PEG ratio of 0.80 and a beta of 1.23.

Gibraltar Industries (NASDAQ:ROCK) last posted its earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.09. The business had revenue of $509.55 million for the quarter, compared to analysts’ expectations of $472.09 million. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The business’s revenue for the quarter was down 100.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.13 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, sell-side analysts forecast that Gibraltar Industries, Inc. will post 3.84 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Longbow Research assumed coverage on shares of Gibraltar Industries in a research note on Tuesday, July 7th. They issued a “buy” rating on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc is a manufacturer and provider of products and services for the renewable energy, agtech and infrastructure markets. The company develops engineered solutions used in solar power generation, controlled-environment agriculture and other applications that support the construction and operation of critical infrastructure.

Its renewable energy business supplies solar racking and mounting systems, including fixed-tilt and tracker solutions, as well as related engineering and installation services for utility-scale, commercial and residential solar projects.