Gibraltar Industries (NASDAQ:ROCK) CFO Joseph Lovechio Purchases 1,000 Shares

Gibraltar Industries, Inc. (NASDAQ:ROCK) CFO Joseph Lovechio purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was acquired at an average cost of $34.62 per share, for a total transaction of $34,620.00. Following the transaction, the chief financial officer owned 13,390 shares in the company, valued at $463,561.80. This represents a 8.07% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Gibraltar Industries Price Performance

ROCK stock opened at $35.54 on Friday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. The business has a 50-day simple moving average of $39.32 and a two-hundred day simple moving average of $47.16. The company has a market capitalization of $1.05 billion, a P/E ratio of -7.99, a price-to-earnings-growth ratio of 0.62 and a beta of 1.26. Gibraltar Industries, Inc. has a 52-week low of $33.56 and a 52-week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings data on Thursday, May 7th. The construction company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.04). The company had revenue of $356.29 million during the quarter, compared to analysts’ expectations of $350.15 million. Gibraltar Industries had a positive return on equity of 10.86% and a negative net margin of 10.68%.The business’s revenue for the quarter was up 44.6% compared to the same quarter last year. During the same period last year, the company earned $0.95 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Research analysts expect that Gibraltar Industries, Inc. will post 3.8 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ROCK shares. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Seaport Research Partners reissued a “buy” rating and set a $55.00 target price on shares of Gibraltar Industries in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold”.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Y Intercept Hong Kong Ltd purchased a new position in Gibraltar Industries in the third quarter valued at approximately $634,000. Clayton Partners LLC purchased a new stake in Gibraltar Industries in the third quarter worth $4,182,000. Citigroup Inc. raised its stake in shares of Gibraltar Industries by 28.3% in the third quarter. Citigroup Inc. now owns 70,531 shares of the construction company’s stock valued at $4,429,000 after buying an additional 15,555 shares during the period. Teton Advisors LLC purchased a new position in shares of Gibraltar Industries during the 3rd quarter valued at $3,423,000. Finally, Teacher Retirement System of Texas lifted its position in shares of Gibraltar Industries by 294.7% during the 3rd quarter. Teacher Retirement System of Texas now owns 73,524 shares of the construction company’s stock valued at $4,617,000 after buying an additional 54,895 shares during the last quarter. 98.39% of the stock is owned by institutional investors.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc (NASDAQ: ROCK) is a leading manufacturer of building products and infrastructure solutions for the residential, commercial, industrial and utility markets. The company designs, engineers and markets a broad portfolio of highly engineered products to reinforce structures, improve energy efficiency and enhance safety and durability. Gibraltar’s Building Products segment includes metal roofing, siding, ventilation and structural support systems for homes and light commercial facilities, while its Infrastructure Solutions segment supplies transmission and distribution hardware, storm response equipment and renewable energy supports to utility and civil markets.

In the Building Products segment, Gibraltar offers metal and composite solutions such as roof and siding panels, deck and solar shading supports, chimney and venting systems, railings and fencing.