Sterling Capital Management LLC Sells 2,649 Shares of CSW Industrials, Inc. $CSW

Sterling Capital Management LLC decreased its stake in shares of CSW Industrials, Inc. (NYSE:CSW) by 83.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 530 shares of the basic materials company’s stock after selling 2,649 shares during the period. Sterling Capital Management LLC’s holdings in CSW Industrials were worth $153,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Yousif Capital Management LLC raised its stake in CSW Industrials by 6.6% during the third quarter. Yousif Capital Management LLC now owns 4,739 shares of the basic materials company’s stock valued at $1,365,000 after buying an additional 292 shares in the last quarter. Sowell Financial Services LLC grew its position in shares of CSW Industrials by 15.5% in the 3rd quarter. Sowell Financial Services LLC now owns 902 shares of the basic materials company’s stock worth $260,000 after acquiring an additional 121 shares in the last quarter. GAMMA Investing LLC grew its position in shares of CSW Industrials by 96.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,293 shares of the basic materials company’s stock worth $372,000 after acquiring an additional 635 shares in the last quarter. Congress Asset Management Co. grew its position in shares of CSW Industrials by 0.4% in the 3rd quarter. Congress Asset Management Co. now owns 301,580 shares of the basic materials company’s stock worth $86,879,000 after acquiring an additional 1,074 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of CSW Industrials by 10.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,534 shares of the basic materials company’s stock valued at $984,000 after acquiring an additional 320 shares during the last quarter. 82.79% of the stock is currently owned by institutional investors and hedge funds.

More CSW Industrials News

Here are the key news stories impacting CSW Industrials this week:

• Positive Sentiment: Fiscal 2027 second-quarter revenue rose 30.5% year over year to $361.44 million, while earnings increased to $3.66 per share from $2.96 a year earlier. The company also reported record results, supported by 13% organic growth in its Contractor Solutions segment. CSW Industrials fiscal 2027 second-quarter results
• Positive Sentiment: Reported adjusted earnings and revenue were characterized as surpassing consensus in some coverage, highlighting resilient demand and operating momentum despite the headline EPS comparison. CSW Industrials shares rise after fiscal second-quarter results
• Neutral Sentiment: Management is advancing its Greco exit, while discussing approximately $49 million in fiscal 2027 interest expense. The exit could simplify the portfolio, but the interest burden remains an important factor for future profitability. CSW outlines fiscal 2027 interest expense and Greco exit
• Negative Sentiment: EPS of $3.66 missed the $3.69 consensus estimate by $0.03, creating a modest earnings-quality concern even as sales growth remained strong. CSW Industrials Q2 earnings miss estimates
• Negative Sentiment: Wells Fargo lowered its price target from $320 to $290 and assigned an “equal weight” rating, leaving limited implied upside and signaling reduced near-term conviction in the stock. Wells Fargo lowers CSW Industrials price target

Analysts Set New Price Targets

CSW has been the subject of several recent research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of CSW Industrials in a research note on Friday. Zacks Research cut shares of CSW Industrials from a “strong-buy” rating to a “hold” rating in a report on Monday, July 27th. Truist Financial raised their price target on shares of CSW Industrials from $313.00 to $332.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Citigroup lifted their price target on shares of CSW Industrials from $304.00 to $340.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of CSW Industrials from $350.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, CSW Industrials currently has a consensus rating of “Moderate Buy” and a consensus price target of $343.29.

Insiders Place Their Bets

In related news, EVP Jeff Underwood sold 720 shares of CSW Industrials stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $346.96, for a total transaction of $249,811.20. Following the sale, the executive vice president directly owned 6,409 shares in the company, valued at $2,223,666.64. The trade was a 10.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joseph B. Armes sold 1,500 shares of CSW Industrials stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $287.04, for a total transaction of $430,560.00. Following the sale, the chief executive officer owned 64,083 shares in the company, valued at approximately $18,394,384.32. This represents a 2.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 3,720 shares of company stock worth $1,114,741 over the last three months. Corporate insiders own 1.20% of the company’s stock.

CSW Industrials Stock Down 0.2%

Shares of CSW Industrials stock opened at $285.72 on Monday. The stock has a market capitalization of $4.66 billion, a price-to-earnings ratio of 36.72 and a beta of 0.81. CSW Industrials, Inc. has a twelve month low of $236.66 and a twelve month high of $355.48. The company has a current ratio of 2.35, a quick ratio of 1.15 and a debt-to-equity ratio of 0.66. The business’s 50 day simple moving average is $298.08 and its 200-day simple moving average is $290.90.

CSW Industrials (NYSE:CSW) last issued its quarterly earnings data on Thursday, October 29th. The basic materials company reported $3.66 earnings per share for the quarter, missing the consensus estimate of $3.69 by ($0.03). The firm had revenue of $361.44 million during the quarter. CSW Industrials had a net margin of 10.17% and a return on equity of 18.38%. The firm’s revenue was up 30.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.96 EPS. Equities research analysts forecast that CSW Industrials, Inc. will post 12.53 earnings per share for the current year.

CSW Industrials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, October 30th. CSW Industrials’s dividend payout ratio (DPR) is 15.42%.

CSW Industrials Company Profile

CSW Industrials, Inc (NYSE: CSW) is a diversified industrial company that develops, manufactures and sells products designed for professional trades, commercial and residential construction, and industrial maintenance applications. Its offerings are marketed primarily through established brands and distribution channels serving contractors, building professionals and industrial customers.

The company operates through three principal segments: Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions.