Baldwin Wealth Partners LLC MA Decreases Position in CSW Industrials, Inc. (NASDAQ:CSWI)

Baldwin Wealth Partners LLC MA decreased its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 48.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 765 shares of the basic materials company’s stock after selling 711 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in CSW Industrials were worth $270,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of CSW Industrials by 105.9% in the third quarter. GAMMA Investing LLC now owns 70 shares of the basic materials company’s stock valued at $26,000 after buying an additional 36 shares during the period. National Bank of Canada FI purchased a new stake in CSW Industrials in the 3rd quarter worth about $28,000. V Square Quantitative Management LLC bought a new stake in CSW Industrials in the 3rd quarter valued at about $30,000. Peterson Financial Group Inc. bought a new stake in CSW Industrials in the 3rd quarter valued at about $72,000. Finally, Nisa Investment Advisors LLC lifted its holdings in CSW Industrials by 508.8% during the third quarter. Nisa Investment Advisors LLC now owns 207 shares of the basic materials company’s stock valued at $76,000 after purchasing an additional 173 shares during the last quarter. 82.79% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CSWI has been the subject of several recent research reports. StockNews.com upgraded shares of CSW Industrials from a “hold” rating to a “buy” rating in a research note on Friday, December 6th. Wells Fargo & Company reduced their price objective on shares of CSW Industrials from $425.00 to $410.00 and set an “equal weight” rating for the company in a research note on Tuesday, December 17th. Citigroup dropped their target price on CSW Industrials from $466.00 to $404.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Finally, The Goldman Sachs Group reduced their price target on CSW Industrials from $450.00 to $400.00 and set a “neutral” rating for the company in a research report on Tuesday, January 14th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $404.67.

Insider Transactions at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $389.78, for a total transaction of $389,780.00. Following the sale, the chief executive officer now owns 49,698 shares in the company, valued at approximately $19,371,286.44. This trade represents a 1.97 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Luke Alverson sold 1,416 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $387.15, for a total value of $548,204.40. Following the completion of the transaction, the senior vice president now owns 17,156 shares of the company’s stock, valued at $6,641,945.40. The trade was a 7.62 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,903 shares of company stock valued at $3,777,538. 1.40% of the stock is owned by corporate insiders.

CSW Industrials Price Performance

NASDAQ CSWI opened at $351.51 on Tuesday. The company’s 50 day simple moving average is $385.62 and its two-hundred day simple moving average is $357.53. The stock has a market capitalization of $5.91 billion, a PE ratio of 47.76 and a beta of 0.85. CSW Industrials, Inc. has a 1 year low of $204.50 and a 1 year high of $436.50.

CSW Industrials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend is Friday, January 31st. CSW Industrials’s payout ratio is 13.04%.

CSW Industrials Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.