Freestone Grove Partners LP Makes New Investment in Gibraltar Industries, Inc. $ROCK

Freestone Grove Partners LP purchased a new position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) during the second quarter, Holdings Channel reports. The institutional investor purchased 17,859 shares of the construction company’s stock, valued at approximately $805,000.

Several other institutional investors have also recently made changes to their positions in the company. Royce & Associates LP grew its holdings in Gibraltar Industries by 46.3% during the 4th quarter. Royce & Associates LP now owns 196,730 shares of the construction company’s stock worth $9,726,000 after acquiring an additional 62,218 shares in the last quarter. Advisors Preferred LLC purchased a new position in Gibraltar Industries during the 1st quarter valued at about $1,519,000. Pacer Advisors Inc. purchased a new position in Gibraltar Industries during the 4th quarter valued at about $4,122,000. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Gibraltar Industries by 425.0% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 41,036 shares of the construction company’s stock valued at $2,049,000 after purchasing an additional 33,220 shares in the last quarter. Finally, Caxton Associates LLP bought a new stake in shares of Gibraltar Industries in the 1st quarter valued at about $1,225,000. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ROCK. Seaport Research Partners reaffirmed a “buy” rating and issued a $55.00 price target on shares of Gibraltar Industries in a research report on Tuesday, May 12th. Longbow Research started coverage on shares of Gibraltar Industries in a report on Tuesday, July 7th. They set a “buy” rating on the stock. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Gibraltar Industries in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Gibraltar Industries Price Performance

Shares of ROCK stock opened at $45.27 on Friday. Gibraltar Industries, Inc. has a 1-year low of $33.56 and a 1-year high of $75.08. The stock’s 50-day moving average is $45.24 and its 200 day moving average is $42.81. The company has a market cap of $1.34 billion, a P/E ratio of -8.98, a PEG ratio of 0.79 and a beta of 1.22. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.46 and a quick ratio of 0.91.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.09. The firm had revenue of $509.55 million for the quarter, compared to the consensus estimate of $472.09 million. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The company’s quarterly revenue was down 100.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.13 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Research analysts predict that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current fiscal year.

About Gibraltar Industries

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.