CompX International (NYSE:CIX) Trading Up 0.7% – Time to Buy?

CompX International Inc. (NYSE:CIX)’s share price traded up 0.7% on Thursday . The company traded as high as $26.12 and last traded at $26.12. Approximately 2,116 shares traded hands during trading, a decline of 43% from the average daily volume of 3,743 shares. The stock had previously closed at $25.94.

CompX International Stock Up 3.5%

The stock has a market capitalization of $333.21 million, a P/E ratio of 17.79 and a beta of 0.90. The company has a fifty day moving average price of $24.90 and a 200-day moving average price of $23.97.

CompX International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.4%. The ex-dividend date was Thursday, June 4th. CompX International’s dividend payout ratio (DPR) is currently 73.17%.

Institutional Trading of CompX International

An institutional investor recently raised its position in CompX International stock. Geode Capital Management LLC lifted its holdings in CompX International Inc. (NYSE:CIX) by 2.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 35,889 shares of the company’s stock after purchasing an additional 917 shares during the quarter. Geode Capital Management LLC owned 0.29% of CompX International worth $954,000 at the end of the most recent quarter. Institutional investors and hedge funds own 7.50% of the company’s stock.

CompX International Company Profile

CompX International Inc is a U.S.-based manufacturer specializing in security and specialty products for industrial, residential and marine markets. Headquartered in Dallas, Texas, the company designs, engineers and assembles a broad range of hardware solutions that combine durable materials with precision components. Its product portfolio caters to original equipment manufacturers (OEMs), distributors and retail outlets, positioning CompX as a key supplier across multiple end-use sectors.

The company’s Security Products segment offers mechanical and electronic locking solutions, door and cabinet hardware, and cam-action assemblies.