Royce & Associates LP Acquires 17,038 Shares of Gibraltar Industries, Inc. $ROCK

Royce & Associates LP boosted its holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 14.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 134,512 shares of the construction company’s stock after acquiring an additional 17,038 shares during the quarter. Royce & Associates LP owned 0.46% of Gibraltar Industries worth $8,447,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of Gibraltar Industries by 7.3% in the first quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock worth $756,000 after purchasing an additional 875 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in Gibraltar Industries during the first quarter worth $248,000. Goldman Sachs Group Inc. raised its position in Gibraltar Industries by 26.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company’s stock valued at $11,401,000 after buying an additional 40,656 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Gibraltar Industries by 12.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company’s stock valued at $5,100,000 after acquiring an additional 9,354 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Gibraltar Industries by 150.5% during the 1st quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock valued at $6,025,000 after acquiring an additional 61,702 shares in the last quarter. 98.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ROCK. CJS Securities upgraded shares of Gibraltar Industries to a “strong-buy” rating in a report on Thursday, December 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Gibraltar Industries in a research report on Monday, December 29th. Finally, Zacks Research cut shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Gibraltar Industries has a consensus rating of “Hold”.

Gibraltar Industries Stock Performance

NASDAQ ROCK opened at $43.83 on Wednesday. The company has a market capitalization of $1.30 billion, a PE ratio of -29.22, a price-to-earnings-growth ratio of 0.80 and a beta of 1.34. Gibraltar Industries, Inc. has a 52-week low of $42.86 and a 52-week high of $75.08. The company has a 50-day simple moving average of $51.81 and a 200 day simple moving average of $56.63.

Gibraltar Industries (NASDAQ:ROCK) last released its earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.02. Gibraltar Industries had a negative net margin of 3.76% and a positive return on equity of 12.05%. The firm had revenue of $268.69 million for the quarter, compared to analysts’ expectations of $265.13 million. During the same period in the previous year, the company earned $1.01 earnings per share. The company’s quarterly revenue was up 16.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, analysts forecast that Gibraltar Industries, Inc. will post 4.91 EPS for the current fiscal year.

Gibraltar Industries Profile

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.