Insider Buying: Gibraltar Industries (NASDAQ:ROCK) VP Buys 1,400 Shares of Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) VP Katherine Bolanowski bought 1,400 shares of Gibraltar Industries stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of $35.63 per share, for a total transaction of $49,882.00. Following the purchase, the vice president owned 17,389 shares of the company’s stock, valued at $619,570.07. The trade was a 8.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Gibraltar Industries Price Performance

ROCK traded up $1.36 during trading on Friday, reaching $36.90. The stock had a trading volume of 199,713 shares, compared to its average volume of 349,193. The stock has a market cap of $1.09 billion, a PE ratio of -8.29, a PEG ratio of 0.62 and a beta of 1.26. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. Gibraltar Industries, Inc. has a one year low of $33.56 and a one year high of $75.08. The business has a 50-day moving average of $39.32 and a 200-day moving average of $47.16.

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

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Gibraltar Industries

A number of hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in Gibraltar Industries by 0.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,705,997 shares of the construction company’s stock valued at $68,018,000 after acquiring an additional 7,251 shares in the last quarter. State Street Corp raised its stake in Gibraltar Industries by 5.8% during the 4th quarter. State Street Corp now owns 1,363,153 shares of the construction company’s stock valued at $67,394,000 after buying an additional 74,427 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Gibraltar Industries by 3.4% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 986,324 shares of the construction company’s stock worth $48,764,000 after purchasing an additional 32,764 shares in the last quarter. Boston Partners increased its stake in shares of Gibraltar Industries by 3,483.6% in the 4th quarter. Boston Partners now owns 923,711 shares of the construction company’s stock worth $45,993,000 after purchasing an additional 897,935 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Gibraltar Industries by 694.4% in the 3rd quarter. Alliancebernstein L.P. now owns 536,668 shares of the construction company’s stock worth $33,703,000 after buying an additional 469,111 shares during the period. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

About Gibraltar Industries

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.