Man Group plc Invests $3.76 Million in Gibraltar Industries, Inc. $ROCK

Man Group plc bought a new position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 83,282 shares of the construction company’s stock, valued at approximately $3,756,000.

Other hedge funds also recently added to or reduced their stakes in the company. Royce & Associates LP grew its holdings in shares of Gibraltar Industries by 46.3% during the fourth quarter. Royce & Associates LP now owns 196,730 shares of the construction company’s stock worth $9,726,000 after purchasing an additional 62,218 shares during the last quarter. Pacer Advisors Inc. acquired a new stake in shares of Gibraltar Industries in the 4th quarter valued at about $4,122,000. Advisors Preferred LLC acquired a new stake in shares of Gibraltar Industries in the 1st quarter valued at about $1,519,000. Kennedy Capital Management LLC grew its stake in Gibraltar Industries by 20.1% during the 4th quarter. Kennedy Capital Management LLC now owns 250,977 shares of the construction company’s stock worth $12,408,000 after buying an additional 41,991 shares during the last quarter. Finally, Caxton Associates LLP acquired a new position in Gibraltar Industries during the first quarter worth approximately $1,225,000. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

Gibraltar Industries Stock Performance

Shares of ROCK stock opened at $45.27 on Monday. The stock’s 50-day moving average price is $45.24 and its 200 day moving average price is $42.73. The company has a quick ratio of 0.91, a current ratio of 1.46 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $1.34 billion, a PE ratio of -8.98, a price-to-earnings-growth ratio of 0.79 and a beta of 1.22. Gibraltar Industries, Inc. has a 52-week low of $33.56 and a 52-week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last posted its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.09. Gibraltar Industries had a positive return on equity of 11.23% and a negative net margin of 10.43%.The company had revenue of $509.55 million during the quarter, compared to analysts’ expectations of $472.09 million. During the same period last year, the firm earned $1.13 EPS. The firm’s revenue for the quarter was down 100.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities research analysts forecast that Gibraltar Industries, Inc. will post 3.84 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of Gibraltar Industries in a report on Wednesday. Seaport Research Partners reiterated a “buy” rating and issued a $55.00 price target on shares of Gibraltar Industries in a research report on Tuesday, May 12th. Finally, Longbow Research began coverage on shares of Gibraltar Industries in a research note on Tuesday, July 7th. They set a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.