CSW Industrials, Inc. (NASDAQ:CSWI) Shares Sold by Huntington National Bank

Huntington National Bank decreased its stake in CSW Industrials, Inc. (NASDAQ:CSWIFree Report) by 8.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 331 shares of the basic materials company’s stock after selling 29 shares during the period. Huntington National Bank’s holdings in CSW Industrials were worth $121,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CSWI. GAMMA Investing LLC increased its holdings in CSW Industrials by 105.9% in the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after buying an additional 36 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of CSW Industrials in the 3rd quarter worth approximately $30,000. Contravisory Investment Management Inc. increased its stake in CSW Industrials by 48.1% in the 2nd quarter. Contravisory Investment Management Inc. now owns 117 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 38 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in CSW Industrials by 508.8% during the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock worth $76,000 after purchasing an additional 173 shares during the last quarter. Finally, Covestor Ltd boosted its position in CSW Industrials by 17.4% during the third quarter. Covestor Ltd now owns 263 shares of the basic materials company’s stock worth $96,000 after purchasing an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 82.79% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. StockNews.com cut CSW Industrials from a “buy” rating to a “hold” rating in a research report on Thursday. Citigroup upgraded shares of CSW Industrials to a “hold” rating in a report on Wednesday, November 13th.

Get Our Latest Stock Report on CSWI

Insider Activity at CSW Industrials

In related news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $393.34, for a total value of $393,340.00. Following the completion of the transaction, the chief executive officer now owns 51,698 shares of the company’s stock, valued at approximately $20,334,891.32. The trade was a 1.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 3,000 shares of company stock valued at $1,139,500 over the last quarter. Insiders own 1.40% of the company’s stock.

CSW Industrials Stock Performance

CSWI stock opened at $403.98 on Monday. The stock’s 50 day moving average price is $372.75 and its 200 day moving average price is $312.06. The firm has a market cap of $6.79 billion, a P/E ratio of 54.89, a PEG ratio of 3.24 and a beta of 0.78. CSW Industrials, Inc. has a 1 year low of $167.81 and a 1 year high of $428.46.

CSW Industrials Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Friday, October 25th were given a $0.24 dividend. This is an increase from CSW Industrials’s previous quarterly dividend of $0.21. This represents a $0.96 annualized dividend and a dividend yield of 0.24%. The ex-dividend date was Friday, October 25th. CSW Industrials’s dividend payout ratio is currently 13.04%.

CSW Industrials Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CSW Industrials (NASDAQ:CSWI)

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