CSW Industrials (NASDAQ:CSWI – Get an Assessment) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note published Friday.
A number of other brokerages have also recently commented on CSWI. Barrington Research reaffirmed an “outperform” rating on CSW Industrials shares in a Thursday, Jan. 27, report. Sidoti began covering shares of CSW Industrials in a report on Thursday, March 31. They issued a “buy” rating and a target price of $149.00 on the stock. Finally, Zacks Investment Research cut shares of CSW Industrials from a “buy” rating to a “hold” rating in a Wednesday, April 6 report.
CSWI stock opened at $105.36 on Friday. The company’s 50-day moving average is $112.70 and its two-hundred-day moving average is $119.29. The stock has a market capitalization of $1.67 billion, a P/E ratio of 29.76 and a beta of 0.82. CSW Industrials has a 12-month low of $102.39 and a 12-month high of $145.50. The company has a current ratio of 2.55, a quick ratio of 1.25 and a debt ratio of 0.50.
Major investors have recently been buying and selling stocks. Dimensional Fund Advisors LP increased its position in CSW Industrials shares by 0.3% during the third quarter. Dimensional Fund Advisors LP now owns 413,095 shares of the basic materials company worth $52,753,000 after buying 1,210 additional shares in the last quarter. Mawer Investment Management Ltd. increased its position in CSW Industrials shares by 1.1% during the 4th quarter. Mawer Investment Management Ltd. now owns 299,930 shares of the basic materials company worth $36,250,000 after buying 3,375 more shares last quarter. Eaton Vance Management increased its position in CSW Industrials shares by 1.0% during the third quarter. Eaton Vance Management now owns 379,183 shares of the basic materials company worth $48,422,000 after buying 3,868 more shares last quarter. LRT Capital Management LLC purchased a new stake in shares of CSW Industrials during Q4 for a value of $3,558,000. Finally, Destination Wealth Management purchased a new equity stake in CSW Industrials during Q4 for a value of $283,000. Hedge funds and other institutional investors hold 76.27% of the company’s shares.
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About CSW Industrials (Get a rating)
CSW Industrials, Inc. operates as a diversified industrial company in the United States and internationally. It operates through two segments, Industrials and Specialty Chemicals. The Industrial Products segment offers specialty mechanical products; grilles, registers and diffusers; fire and smoke protection products; architecturally specified building products; and storage, filtration and application equipment for use with its specialty chemicals and other products for general industrial applications.
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