Gibraltar Industries (NASDAQ:ROCK) CEO Purchases $172,305.00 in Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway purchased 4,500 shares of Gibraltar Industries stock in a transaction dated Monday, March 9th. The shares were purchased at an average cost of $38.29 per share, for a total transaction of $172,305.00. Following the completion of the transaction, the chief executive officer owned 228,085 shares of the company’s stock, valued at approximately $8,733,374.65. This represents a 2.01% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Gibraltar Industries Stock Up 5.9%

Shares of ROCK traded up $2.30 during trading hours on Tuesday, reaching $41.48. The stock had a trading volume of 586,255 shares, compared to its average volume of 335,690. Gibraltar Industries, Inc. has a 52 week low of $37.79 and a 52 week high of $75.08. The firm has a 50-day moving average of $51.06 and a 200 day moving average of $56.03. The company has a market cap of $1.23 billion, a P/E ratio of -27.65, a P/E/G ratio of 0.71 and a beta of 1.34.

Gibraltar Industries (NASDAQ:ROCK) last posted its earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.02. Gibraltar Industries had a positive return on equity of 12.05% and a negative net margin of 3.76%.The firm had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. During the same period in the previous year, the company posted $1.01 earnings per share. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities analysts expect that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current year.

Institutional Trading of Gibraltar Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Gibraltar Industries by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,698,746 shares of the construction company’s stock worth $83,987,000 after buying an additional 13,444 shares in the last quarter. State Street Corp grew its stake in shares of Gibraltar Industries by 5.8% in the fourth quarter. State Street Corp now owns 1,363,153 shares of the construction company’s stock valued at $67,394,000 after acquiring an additional 74,427 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in Gibraltar Industries by 3.4% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 986,324 shares of the construction company’s stock worth $48,764,000 after acquiring an additional 32,764 shares during the period. Boston Partners boosted its holdings in Gibraltar Industries by 3,483.6% in the 4th quarter. Boston Partners now owns 923,711 shares of the construction company’s stock valued at $45,993,000 after purchasing an additional 897,935 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of Gibraltar Industries by 694.4% during the 3rd quarter. Alliancebernstein L.P. now owns 536,668 shares of the construction company’s stock worth $33,703,000 after purchasing an additional 469,111 shares in the last quarter. Institutional investors own 98.39% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on ROCK shares. CJS Securities raised shares of Gibraltar Industries to a “strong-buy” rating in a research report on Thursday, December 11th. Zacks Research downgraded shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Gibraltar Industries in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company. According to MarketBeat, Gibraltar Industries currently has a consensus rating of “Hold”.

Gibraltar Industries Company Profile

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.