Renaissance Technologies LLC Lowers Stock Holdings in Gibraltar Industries, Inc. $ROCK

Renaissance Technologies LLC lowered its stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 60.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,500 shares of the construction company’s stock after selling 23,600 shares during the period. Renaissance Technologies LLC owned approximately 0.05% of Gibraltar Industries worth $618,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Hantz Financial Services Inc. increased its stake in Gibraltar Industries by 240.0% in the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after buying an additional 360 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Gibraltar Industries by 822.2% in 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 period. EverSource Wealth Advisors LLC lifted its stake in shares of Gibraltar Industries by 73.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after acquiring an additional 203 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Gibraltar Industries in the third quarter valued at about $38,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Gibraltar Industries in the fourth quarter valued at about $39,000. 98.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Joseph A. Lovechio purchased 1,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average price of $34.62 per share, with a total value of $34,620.00. Following the purchase, the chief financial officer directly owned 13,390 shares of the company’s stock, valued at $463,561.80. The trade was a 8.07% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO William T. Bosway purchased 19,735 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average cost of $37.44 per share, for a total transaction of $738,878.40. Following the purchase, the chief executive officer directly owned 250,320 shares in the company, valued at approximately $9,371,980.80. This represents a 8.56% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 22,135 shares of company stock worth $823,380. Company insiders own 0.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on ROCK shares. Seaport Research Partners reissued a “buy” rating and set a $55.00 price target on shares of Gibraltar Industries in a report on Tuesday, May 12th. Zacks Research upgraded Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Weiss Ratings reissued a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. Finally, Longbow Research initiated coverage on 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 assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Gibraltar Industries presently has a consensus rating of “Moderate Buy”.

Gibraltar Industries Stock Performance

NASDAQ:ROCK opened at $47.88 on Monday. The firm’s fifty day simple moving average is $43.94 and its 200-day simple moving average is $43.14. 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 cap of $1.42 billion, a PE ratio of -9.50, a price-to-earnings-growth ratio of 0.83 and a beta of 1.22. Gibraltar Industries, Inc. has a fifty-two week low of $33.56 and a fifty-two week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 EPS for the quarter, beating the consensus estimate of $1.02 by $0.09. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The firm had revenue of $509.55 million during the quarter, compared to analysts’ expectations of $472.09 million. During the same quarter last year, the business earned $1.13 earnings per share. 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 fiscal year.

Gibraltar Industries 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.