Advisors Preferred LLC Makes New Investment in Gibraltar Industries, Inc. $ROCK

Advisors Preferred LLC purchased a new stake in Gibraltar Industries, Inc. (NASDAQ:ROCKFree Report) during the 1st quarter, HoldingsChannel reports. The fund purchased 38,110 shares of the construction company’s stock, valued at approximately $1,519,000.

A number of other large investors have also recently modified their holdings of ROCK. EverSource Wealth Advisors LLC lifted its position in Gibraltar Industries by 73.0% during the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after purchasing an additional 203 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Gibraltar Industries by 822.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after acquiring an additional 444 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Gibraltar Industries by 240.0% during the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock worth $25,000 after acquiring an additional 360 shares during the last quarter. Advisory Services Network LLC purchased a new position in Gibraltar Industries in the third quarter worth $38,000. Finally, Kestra Advisory Services LLC purchased a new position in Gibraltar Industries in the fourth quarter worth $39,000. Institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Price Performance

ROCK stock opened at $41.60 on Wednesday. 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 52 week low of $33.56 and a 52 week high of $75.08. The firm’s fifty day moving average is $39.82 and its 200 day moving average is $44.07. The firm has a market cap of $1.23 billion, a P/E ratio of -9.35, a P/E/G ratio of 0.73 and a beta of 1.21.

Gibraltar Industries (NASDAQ:ROCKGet Free Report) last issued 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 business 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%.Gibraltar Industries’s revenue for the quarter was up 44.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.95 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Research analysts predict that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current year.

Insider Activity

In related news, CEO William T. Bosway bought 19,735 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average cost of $37.44 per share, for a total transaction of $738,878.40. Following the acquisition, the chief executive officer directly owned 250,320 shares of the company’s stock, valued at $9,371,980.80. The trade was a 8.56% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Joseph A. Lovechio bought 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were bought at an average price of $34.62 per share, with a total value of $34,620.00. Following the completion of the acquisition, the chief financial officer directly owned 13,390 shares in the company, valued at $463,561.80. This trade represents a 8.07% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have purchased 22,135 shares of company stock valued at $823,380. 0.90% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ROCK. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research report on Friday, May 29th. Seaport Research Partners reiterated a “buy” rating and issued a $55.00 price objective on shares of Gibraltar Industries in a report on Tuesday, May 12th. Longbow Research began coverage on Gibraltar Industries in a research report on Tuesday, July 7th. They set a “buy” rating on the stock. Finally, Zacks Research raised Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Check Out Our Latest Report on ROCK

About Gibraltar Industries

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding ROCK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gibraltar Industries, Inc. (NASDAQ:ROCKFree Report).

Institutional Ownership by Quarter for Gibraltar Industries (NASDAQ:ROCK)

Receive News & Ratings for Gibraltar Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibraltar Industries and related companies with MarketBeat.com's FREE daily email newsletter.