Skylands Capital LLC grew its holdings in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK – Free Report) by 93.1% in the third quarter, according to its most recent filing with the SEC. The firm owned 64,400 shares of the construction company’s stock after acquiring an additional 31,050 shares during the quarter. Skylands Capital LLC owned about 0.22% of Gibraltar Industries worth $2,550,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Counterpoint Mutual Funds LLC grew its position in Gibraltar Industries by 178.0% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 21,696 shares of the construction company’s stock valued at $859,000 after buying an additional 13,891 shares in the last quarter. GAMMA Investing LLC increased its stake in Gibraltar Industries by 37.0% during the 3rd quarter. GAMMA Investing LLC now owns 993 shares of the construction company’s stock valued at $39,000 after buying an additional 268 shares during the period. Tidal Investments LLC acquired a new position in Gibraltar Industries during the 2nd quarter valued at about $641,000. Engineers Gate Manager LP bought a new stake in shares of Gibraltar Industries during the 2nd quarter worth about $661,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Gibraltar Industries during the 2nd quarter worth about $49,000. Institutional investors and hedge funds own 98.39% of the company’s stock.
Gibraltar Industries Trading Up 1.0%
Shares of ROCK opened at $38.78 on Thursday. The business’s 50-day moving average price is $42.77 and its 200 day moving average price is $41.76. The stock has a market capitalization of $1.15 billion, a P/E ratio of -7.69, a P/E/G ratio of 0.67 and a beta of 1.24. Gibraltar Industries, Inc. has a 1-year low of $33.56 and a 1-year high of $75.08. The company has a current ratio of 1.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.37.
Gibraltar Industries (NASDAQ:ROCK – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $509.55 million for the quarter, compared to the consensus estimate of $472.09 million. During the same quarter in the previous year, the company earned $1.13 EPS. The business’s revenue for the quarter was down 100.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts expect that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on ROCK shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gibraltar Industries in a research note on Wednesday, August 26th. Longbow Research began coverage on shares of Gibraltar Industries in a report on Tuesday, July 7th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Gibraltar Industries
About Gibraltar Industries
Gibraltar Industries, Inc is a Buffalo, New York-based manufacturer of products and services used in the construction, renewable energy, infrastructure and controlled-environment agriculture markets. The company serves residential and commercial builders, contractors, utilities, solar developers, growers and other industrial customers.
Its products include roofing and ventilation components, solar racking and mounting systems, greenhouse structures and related growing systems, and engineered products for infrastructure and industrial applications.
Read More
- Five stocks we like better than Gibraltar Industries
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
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.
