Tidal Investments LLC Has $1.29 Million Position in CSW Industrials, Inc. (NASDAQ:CSWI)

Tidal Investments LLC grew its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 142.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,526 shares of the basic materials company’s stock after purchasing an additional 2,073 shares during the period. Tidal Investments LLC’s holdings in CSW Industrials were worth $1,292,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Sanctuary Advisors LLC lifted its holdings in CSW Industrials by 58.5% during the 3rd quarter. Sanctuary Advisors LLC now owns 3,768 shares of the basic materials company’s stock valued at $1,381,000 after purchasing an additional 1,390 shares during the last quarter. Anchor Investment Management LLC raised its stake in shares of CSW Industrials by 2.5% in the third quarter. Anchor Investment Management LLC now owns 1,287 shares of the basic materials company’s stock valued at $472,000 after acquiring an additional 32 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of CSW Industrials by 7.4% in the third quarter. Geode Capital Management LLC now owns 388,954 shares of the basic materials company’s stock valued at $142,536,000 after acquiring an additional 26,728 shares during the last quarter. Barclays PLC boosted its holdings in shares of CSW Industrials by 431.2% in the 3rd quarter. Barclays PLC now owns 29,272 shares of the basic materials company’s stock worth $10,725,000 after acquiring an additional 23,761 shares in the last quarter. Finally, MML Investors Services LLC grew its position in CSW Industrials by 4.8% during the 3rd quarter. MML Investors Services LLC now owns 1,612 shares of the basic materials company’s stock worth $591,000 after acquiring an additional 74 shares during the last quarter. Institutional investors own 82.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. StockNews.com raised CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. Wells Fargo & Company reduced their price target on shares of CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating on the stock in a research report on Tuesday. The Goldman Sachs Group initiated coverage on shares of CSW Industrials in a research report on Friday, December 6th. They issued a “neutral” rating and a $450.00 price objective for the company. Finally, Citigroup upgraded shares of CSW Industrials to a “hold” rating in a research report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $430.00.

CSW Industrials Stock Down 5.0 %

CSWI stock opened at $360.81 on Thursday. The business has a fifty day moving average of $397.07 and a 200-day moving average of $337.56. The company has a market cap of $6.07 billion, a P/E ratio of 49.02 and a beta of 0.81. CSW Industrials, Inc. has a twelve month low of $200.50 and a twelve month high of $436.50.

CSW Industrials Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Shareholders of record on Friday, October 25th were issued a dividend of $0.24 per share. This is a boost from CSW Industrials’s previous quarterly dividend of $0.21. This represents a $0.96 annualized dividend and a yield of 0.27%. The ex-dividend date was Friday, October 25th. CSW Industrials’s payout ratio is currently 13.04%.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $404.79, for a total transaction of $404,790.00. Following the completion of the sale, the chief executive officer now owns 50,698 shares in the company, valued at approximately $20,522,043.42. The trade was a 1.93 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Don Sullivan sold 1,965 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $387.15, for a total value of $760,749.75. Following the completion of the sale, the executive vice president now owns 30,804 shares of the company’s stock, valued at $11,925,768.60. This represents a 6.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,381 shares of company stock worth $2,496,864. Company insiders own 1.40% of the company’s stock.

About CSW Industrials

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.