5,388 Shares in CSW Industrials, Inc. $CSW Bought by Van Hulzen Asset Management LLC

Van Hulzen Asset Management LLC bought a new position in CSW Industrials, Inc. (NYSE:CSW) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 5,388 shares of the basic materials company’s stock, valued at approximately $1,582,000.

Several other large investors have also recently bought and sold shares of CSW. Danske Bank A S bought a new stake in shares of CSW Industrials during the fourth quarter worth about $29,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in CSW Industrials in the 4th quarter valued at approximately $31,000. Global Retirement Partners LLC acquired a new stake in CSW Industrials during the 4th quarter worth approximately $31,000. CWM LLC acquired a new stake in CSW Industrials during the 4th quarter worth approximately $32,000. Finally, Salomon & Ludwin LLC bought a new stake in CSW Industrials during the 4th quarter worth approximately $36,000. 82.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

CSW has been the subject of several recent research reports. Robert W. Baird started coverage on shares of CSW Industrials in a research report on Tuesday, February 17th. They issued an “outperform” rating and a $378.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of CSW Industrials in a report on Wednesday, April 29th. Citigroup decreased their price objective on CSW Industrials from $333.00 to $307.00 and set a “neutral” rating for the company in a report on Friday, January 30th. Wells Fargo & Company lowered their target price on CSW Industrials from $300.00 to $280.00 and set an “equal weight” rating for the company in a research report on Monday, February 2nd. Finally, Zacks Research raised CSW Industrials from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, CSW Industrials has an average rating of “Moderate Buy” and a consensus target price of $328.43.

Insiders Place Their Bets

In other news, EVP Don Sullivan sold 166 shares of CSW Industrials stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $300.26, for a total value of $49,843.16. Following the completion of the transaction, the executive vice president directly owned 21,567 shares of the company’s stock, valued at approximately $6,475,707.42. This trade represents a 0.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Joseph B. Armes sold 1,500 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $286.77, for a total value of $430,155.00. Following the completion of the transaction, the chief executive officer directly owned 84,494 shares in the company, valued at $24,230,344.38. This represents a 1.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 3,680 shares of company stock valued at $1,039,568. 1.30% of the stock is currently owned by insiders.

CSW Industrials Stock Up 0.1%

CSW Industrials stock opened at $263.00 on Friday. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 34.88 and a beta of 0.88. CSW Industrials, Inc. has a 52-week low of $230.45 and a 52-week high of $337.02. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.97 and a current ratio of 2.36. The firm has a 50 day moving average price of $273.15 and a two-hundred day moving average price of $284.81.

CSW Industrials Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.5%. This is an increase from CSW Industrials’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, April 24th. CSW Industrials’s payout ratio is currently 15.92%.

CSW Industrials Profile

CSW Industrials, Inc is a diversified industrial manufacturer that develops and supplies specialty chemical products, performance materials and precision surface solutions. The company’s offerings span a range of end markets including energy, industrial processing, converting and automotive, where its products serve critical functions in production efficiency, equipment maintenance and process enhancement.

In its chemical business, CSW Industrials produces solvent- and water-based formulations such as surfactants, corrosion inhibitors and custom blends used in oilfield exploration and production, metalworking, water treatment and other industrial applications.