CSW Industrials (NYSE:CSW – Free Report) had its target price hoisted by Wells Fargo & Company from $285.00 to $320.00 in a research report sent to investors on Friday morning,Benzinga reports. The firm currently has an equal weight rating on the basic materials company’s stock.
Several other equities analysts have also commented on the company. Zacks Research lowered CSW Industrials from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. Citigroup reduced their target price on shares of CSW Industrials from $307.00 to $304.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. Truist Financial increased their price target on shares of CSW Industrials from $300.00 to $313.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Finally, Weiss Ratings cut shares of CSW Industrials from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, CSW Industrials has a consensus rating of “Moderate Buy” and a consensus price target of $339.71.
Read Our Latest Stock Analysis on CSW
CSW Industrials Trading Up 1.7%
CSW Industrials (NYSE:CSW – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.84 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.18. The company had revenue of $350.65 million for the quarter. CSW Industrials had a return on equity of 17.41% and a net margin of 10.34%.The business’s revenue was up 33.0% compared to the same quarter last year. Equities research analysts predict that CSW Industrials will post 12.52 earnings per share for the current fiscal year.
CSW Industrials Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be paid a $0.30 dividend. The ex-dividend date is Friday, July 31st. This represents a $1.20 annualized dividend and a dividend yield of 0.4%. CSW Industrials’s dividend payout ratio is presently 17.96%.
Insiders Place Their Bets
In other CSW Industrials news, CEO Joseph B. Armes sold 1,500 shares of CSW Industrials stock in a transaction on Monday, June 15th. The stock was sold at an average price of $279.52, for a total transaction of $419,280.00. Following the completion of the transaction, the chief executive officer owned 69,100 shares in the company, valued at approximately $19,314,832. The trade was a 2.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On CSW Industrials
Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. purchased a new stake in shares of CSW Industrials in the fourth quarter worth $515,553,000. Capital World Investors purchased a new position in shares of CSW Industrials in the 4th quarter worth about $308,934,000. Wasatch Advisors LP raised its position in shares of CSW Industrials by 31.1% in the 1st quarter. Wasatch Advisors LP now owns 873,659 shares of the basic materials company’s stock worth $227,658,000 after purchasing an additional 207,186 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in CSW Industrials in the 4th quarter worth about $237,891,000. Finally, Morgan Stanley bought a new position in CSW Industrials in the 4th quarter worth about $196,549,000. 82.79% of the stock is owned by institutional investors.
More CSW Industrials News
Here are the key news stories impacting CSW Industrials this week:
- Positive Sentiment: Strong earnings and revenue growth: Fiscal Q1 EPS was $3.84, above the $3.66 consensus and up from $2.85 a year earlier. Revenue increased 33% year over year to $350.65 million, also surpassing expectations. CSW Industrials Q1 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Record operating performance: CSW described the quarter as an all-time record, while its Contractor Solutions segment delivered a second consecutive quarter of positive organic growth. The results point to improving demand and operating momentum. CSW Industrials Reports Fiscal 2027 First-Quarter Results
- Positive Sentiment: JPMorgan raised its price target from $350 to $380 and reaffirmed an “overweight” rating, implying meaningful additional upside based on the reported reference price. Benzinga analyst action report
- Positive Sentiment: Brokerage coverage remains constructive, with analysts maintaining a consensus “Moderate Buy” recommendation. CSW Industrials Receives Moderate Buy Consensus
- Neutral Sentiment: Wells Fargo lifted its price target from $285 to $320 but kept an “equal weight” rating, suggesting limited near-term valuation upside in its view. Benzinga analyst action report
- Neutral Sentiment: Management is targeting organic revenue growth for fiscal 2027 while projecting approximately $48 million of interest expense, an important factor for future earnings and cash flow. CSW Fiscal 2027 Interest Expense and Growth Outlook
About CSW Industrials
CSW Industrials, Inc is a diversified industrial manufacturer that develops and supplies specialty chemical products, performance materials and precision surface solutions. The company’s offerings span a range of end markets including energy, industrial processing, converting and automotive, where its products serve critical functions in production efficiency, equipment maintenance and process enhancement.
In its chemical business, CSW Industrials produces solvent- and water-based formulations such as surfactants, corrosion inhibitors and custom blends used in oilfield exploration and production, metalworking, water treatment and other industrial applications.
Recommended Stories
- Five stocks we like better than CSW Industrials
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for CSW Industrials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSW Industrials and related companies with MarketBeat.com's FREE daily email newsletter.
