64,755 Shares in Gibraltar Industries, Inc. $ROCK Acquired by Legal & General Group Plc

Legal & General Group Plc purchased a new stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 64,755 shares of the construction company’s stock, valued at approximately $2,920,000. Legal & General Group Plc owned 0.22% of Gibraltar Industries as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ROCK. Royal Bank of Canada increased its position in shares of Gibraltar Industries by 7.3% during the first quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock worth $756,000 after acquiring an additional 875 shares during the period. Jones Financial Companies Lllp purchased a new position in Gibraltar Industries in the first quarter valued at $248,000. Goldman Sachs Group Inc. grew its stake in Gibraltar Industries by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company’s stock worth $11,401,000 after purchasing an additional 40,656 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Gibraltar Industries by 12.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company’s stock worth $5,100,000 after purchasing an additional 9,354 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in Gibraltar Industries by 150.5% during the 1st quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock worth $6,025,000 after purchasing an additional 61,702 shares during the period. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Stock Performance

NASDAQ:ROCK opened at $47.25 on Friday. The firm has a market capitalization of $1.40 billion, a PE ratio of -9.38, a price-to-earnings-growth ratio of 0.82 and a beta of 1.23. The business’s fifty day moving average price is $45.53 and its 200 day moving average price is $42.49. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.46 and a quick ratio of 0.91. Gibraltar Industries, Inc. has a 12 month low of $33.56 and a 12 month high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) 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 the consensus estimate of $472.09 million. During the same period in the previous year, the business earned $1.13 EPS. Gibraltar Industries’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. On average, sell-side analysts anticipate that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gibraltar Industries in a research report on Wednesday, August 26th. Seaport Research Partners restated a “buy” rating and set a $55.00 target price on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Finally, Longbow Research initiated coverage on shares of Gibraltar Industries in a report on Tuesday, July 7th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Gibraltar Industries has an average rating of “Moderate Buy”.

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.