Zuckerman Investment Group LLC Grows Holdings in CSW Industrials Inc (CSWI)

Zuckerman Investment Group LLC raised its stake in shares of CSW Industrials Inc (NASDAQ:CSWI) by 0.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 966,214 shares of the basic materials company’s stock after purchasing an additional 4,055 shares during the quarter. CSW Industrials accounts for 10.5% of Zuckerman Investment Group LLC’s portfolio, making the stock its largest holding. Zuckerman Investment Group LLC owned approximately 6.05% of CSW Industrials worth $42,852,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN raised its stake in shares of CSW Industrials by 16.1% in the second quarter. Wells Fargo & Company MN now owns 1,196,004 shares of the basic materials company’s stock valued at $46,225,000 after acquiring an additional 165,559 shares during the last quarter. American Century Companies Inc. raised its stake in shares of CSW Industrials by 13.7% in the second quarter. American Century Companies Inc. now owns 1,046,555 shares of the basic materials company’s stock valued at $40,449,000 after acquiring an additional 126,308 shares during the last quarter. Janus Henderson Group PLC bought a new position in shares of CSW Industrials in the second quarter valued at approximately $34,698,000. Vanguard Group Inc. raised its stake in shares of CSW Industrials by 5.4% in the second quarter. Vanguard Group Inc. now owns 661,965 shares of the basic materials company’s stock valued at $25,586,000 after acquiring an additional 33,648 shares during the last quarter. Finally, Lazard Asset Management LLC raised its stake in shares of CSW Industrials by 24.3% in the second quarter. Lazard Asset Management LLC now owns 626,162 shares of the basic materials company’s stock valued at $24,201,000 after acquiring an additional 122,271 shares during the last quarter. Institutional investors own 67.79% of the company’s stock.

CSW Industrials Inc (NASDAQ CSWI) opened at $47.60 on Wednesday. The company has a quick ratio of 2.06, a current ratio of 3.12 and a debt-to-equity ratio of 0.18. CSW Industrials Inc has a one year low of $34.05 and a one year high of $50.00. The stock has a market cap of $759.36, a P/E ratio of 25.16 and a beta of 1.35.

CSW Industrials (NASDAQ:CSWI) last posted its quarterly earnings data on Wednesday, November 8th. The basic materials company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. CSW Industrials had a net margin of 5.39% and a return on equity of 10.77%. The firm had revenue of $90.40 million during the quarter, compared to analysts’ expectations of $91.52 million. During the same quarter in the previous year, the company posted $0.48 EPS. CSW Industrials’s revenue was up 12.9% on a year-over-year basis. sell-side analysts forecast that CSW Industrials Inc will post 1.99 EPS for the current fiscal year.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of CSW Industrials from a “hold” rating to a “strong-buy” rating and set a $50.00 target price for the company in a research note on Friday, September 22nd. B. Riley reiterated a “buy” rating and issued a $60.00 target price (up previously from $48.00) on shares of CSW Industrials in a research note on Wednesday, November 1st. BidaskClub upgraded shares of CSW Industrials from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. Finally, FBR & Co reiterated a “buy” rating on shares of CSW Industrials in a research note on Friday, September 22nd.

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CSW Industrials Company Profile

CSW Industrials, Inc (CSWI) is a diversified industrial growth company. The Company operates through three segments: Industrial Products; Coatings, Sealants & Adhesives, and Specialty Chemicals. The Industrial Products segment consists of specialty mechanical products; fire and smoke protection products; architecturally specified building products, and storage, filtration and application equipment.

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Institutional Ownership by Quarter for CSW Industrials (NASDAQ:CSWI)

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