Moody Aldrich Partners LLC Sells 3,473 Shares of CSW Industrials, Inc. (NASDAQ:CSWI)

Moody Aldrich Partners LLC trimmed its holdings in shares of CSW Industrials, Inc. (NASDAQ:CSWI) by 20.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 13,311 shares of the basic materials company’s stock after selling 3,473 shares during the period. Moody Aldrich Partners LLC owned approximately 0.09% of CSW Industrials worth $4,877,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Hsbc Holdings PLC lifted its holdings in shares of CSW Industrials by 2.0% during the 2nd quarter. Hsbc Holdings PLC now owns 1,743 shares of the basic materials company’s stock worth $461,000 after acquiring an additional 34 shares during the period. Xponance Inc. lifted its holdings in CSW Industrials by 3.7% during the 2nd quarter. Xponance Inc. now owns 976 shares of the basic materials company’s stock valued at $259,000 after purchasing an additional 35 shares during the last quarter. GAMMA Investing LLC lifted its holdings in CSW Industrials by 105.9% during the 3rd quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 36 shares during the last quarter. Contravisory Investment Management Inc. lifted its holdings in CSW Industrials by 48.1% during 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 during the last quarter. Finally, Azzad Asset Management Inc. ADV lifted its holdings in CSW Industrials by 1.0% during the 3rd quarter. Azzad Asset Management Inc. ADV now owns 3,876 shares of the basic materials company’s stock valued at $1,420,000 after purchasing an additional 40 shares during the last quarter. 82.79% of the stock is owned by institutional investors.

Insider Buying and Selling at CSW Industrials

In other CSW Industrials news, CEO Joseph B. Armes sold 1,000 shares of the firm’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 sale, the chief executive officer now owns 51,698 shares in the company, valued at approximately $20,334,891.32. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

CSW Industrials Price Performance

CSWI stock traded down $2.94 during trading on Thursday, hitting $378.50. 11,186 shares of the stock traded hands, compared to its average volume of 127,560. CSW Industrials, Inc. has a one year low of $167.27 and a one year high of $398.80. The stock has a market cap of $5.88 billion, a price-to-earnings ratio of 58.41, a P/E/G ratio of 2.99 and a beta of 0.77. The company has a 50 day simple moving average of $348.88 and a 200 day simple moving average of $294.15. The company has a current ratio of 2.73, a quick ratio of 1.44 and a debt-to-equity ratio of 0.18.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.29. The firm had revenue of $226.18 million during the quarter, compared to analysts’ expectations of $215.40 million. CSW Industrials had a net margin of 13.44% and a return on equity of 19.19%. During the same quarter last year, the company posted $1.97 EPS. Equities analysts expect that CSW Industrials, Inc. will post 8.42 EPS for the current fiscal year.

CSW Industrials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Shareholders of record on Friday, October 25th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 0.25%. The ex-dividend date is Friday, October 25th. This is a boost from CSW Industrials’s previous quarterly dividend of $0.21. CSW Industrials’s dividend payout ratio (DPR) is presently 14.70%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of CSW Industrials from a “buy” rating to a “hold” rating in a report on Tuesday, September 17th.

CSW Industrials Company Profile

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.