Gibraltar Industries, Inc. (NASDAQ:ROCK - Get Free Report) CEO William Bosway acquired 1,000 shares of Gibraltar Industries stock in a transaction that occurred on Friday, March 13th. The shares were purchased at an average cost of $41.37 per share, for a total transaction of $41,370.00. Following the purchase, the chief executive officer directly owned 230,585 shares of the company's stock, valued at approximately $9,539,301.45. This trade represents a 0.44% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Gibraltar Industries Stock Performance
ROCK stock opened at $41.83 on Tuesday. The company has a 50 day moving average price of $50.24 and a two-hundred day moving average price of $55.22. The stock has a market capitalization of $1.24 billion, a P/E ratio of -27.89, a PEG ratio of 0.73 and a beta of 1.34. Gibraltar Industries, Inc. has a one year low of $37.79 and a one year high of $75.08.
Gibraltar Industries (NASDAQ:ROCK - Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $268.69 million for the quarter, compared to analyst estimates of $265.13 million. During the same quarter in the prior year, the company posted $1.01 EPS. The business's revenue for the quarter was up 16.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Research analysts forecast that Gibraltar Industries, Inc. will post 4.91 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Gibraltar Industries
Several institutional investors have recently bought and sold shares of the business. Pacer Advisors Inc. purchased a new position in shares of Gibraltar Industries in the 4th quarter valued at $4,122,000. Invesco Ltd. boosted its position in Gibraltar Industries by 5.5% during the 4th quarter. Invesco Ltd. now owns 147,068 shares of the construction company's stock worth $7,271,000 after purchasing an additional 7,672 shares during the period. Vident Advisory LLC increased its holdings in Gibraltar Industries by 9.7% in the 4th quarter. Vident Advisory LLC now owns 11,856 shares of the construction company's stock valued at $586,000 after purchasing an additional 1,046 shares in the last quarter. EP Wealth Advisors LLC acquired a new stake in Gibraltar Industries in the 4th quarter valued at $377,000. Finally, XTX Topco Ltd purchased a new position in Gibraltar Industries in the fourth quarter valued at about $298,000. 98.39% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have issued reports on ROCK shares. Zacks Research lowered Gibraltar Industries from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 22nd. CJS Securities raised shares of Gibraltar Industries to a "strong-buy" rating in a research note on Thursday, December 11th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of Gibraltar Industries in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold".
View Our Latest Stock Report on Gibraltar Industries
Gibraltar Industries Company Profile
(
Get Free Report)
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.
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