Gibraltar Industries (NASDAQ:ROCK) CEO Buys $738,878.40 in Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway bought 19,735 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of $37.44 per share, with a total value of $738,878.40. Following the completion of the transaction, the chief executive officer directly owned 250,320 shares in the company, valued at approximately $9,371,980.80. This trade represents a 8.56% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Gibraltar Industries Price Performance

Gibraltar Industries stock opened at $38.65 on Friday. The firm has a market capitalization of $1.15 billion, a P/E ratio of -8.69, a PEG ratio of 0.69 and a beta of 1.26. Gibraltar Industries, Inc. has a 1 year low of $33.56 and a 1 year high of $75.08. The business has a 50-day moving average of $38.92 and a 200-day moving average of $46.31. The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 1.39.

Gibraltar Industries (NASDAQ:ROCK) last posted its earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.04). The company had revenue of $356.29 million for the quarter, compared to analyst estimates of $350.15 million. Gibraltar Industries had a positive return on equity of 10.86% and a negative net margin of 10.68%.Gibraltar Industries’s quarterly revenue was up 44.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities analysts anticipate that Gibraltar Industries, Inc. will post 3.8 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Seaport Research Partners reiterated a “buy” rating and set a $55.00 price objective on shares of Gibraltar Industries in a report on Tuesday, May 12th. Zacks Research upgraded Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Hedge Funds Weigh In On Gibraltar Industries

Institutional investors have recently modified their holdings of the business. Clayton Partners LLC bought a new position in shares of Gibraltar Industries during the 3rd quarter valued at about $4,182,000. Y Intercept Hong Kong Ltd bought a new stake in Gibraltar Industries in the 3rd quarter valued at approximately $634,000. Citigroup Inc. lifted its stake in Gibraltar Industries by 28.3% in the 3rd quarter. Citigroup Inc. now owns 70,531 shares of the construction company’s stock valued at $4,429,000 after acquiring an additional 15,555 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in Gibraltar Industries in the 3rd quarter valued at approximately $22,758,000. Finally, Teton Advisors LLC acquired a new position in shares of Gibraltar Industries during the 3rd quarter worth approximately $3,423,000. Institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Company 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.