Quantbot Technologies LP purchased a new stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 23,051 shares of the construction company’s stock, valued at approximately $1,040,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Osaic Holdings Inc. raised its holdings in Gibraltar Industries by 16.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock worth $79,000 after acquiring an additional 194 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Gibraltar Industries by 73.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after purchasing an additional 203 shares during the last quarter. Gabelli Funds LLC boosted its stake in Gibraltar Industries by 0.6% during the 4th quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock valued at $1,777,000 after purchasing an additional 208 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of Gibraltar Industries by 1.0% in the 2nd quarter. California State Teachers Retirement System now owns 28,132 shares of the construction company’s stock worth $1,660,000 after purchasing an additional 287 shares in the last quarter. Finally, State of Wyoming increased its holdings in shares of Gibraltar Industries by 28.7% in the 1st quarter. State of Wyoming now owns 1,360 shares of the construction company’s stock worth $54,000 after purchasing an additional 303 shares in the last quarter. Institutional investors own 98.39% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. Seaport Research Partners reaffirmed a “buy” rating and set a $55.00 price target on shares of Gibraltar Industries in a report on Tuesday, May 12th. Longbow Research assumed coverage on Gibraltar Industries in a report on Tuesday, July 7th. They issued a “buy” rating for the company. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
Gibraltar Industries Price Performance
NASDAQ ROCK opened at $46.33 on Thursday. The business’s fifty day moving average price is $45.06 and its 200-day moving average price is $42.85. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of -9.19, a PEG ratio of 0.80 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, Inc. has a 1-year low of $33.56 and a 1-year high of $75.08.
Gibraltar Industries (NASDAQ:ROCK – Get Free Report) last released its quarterly earnings results 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. Gibraltar Industries had a positive return on equity of 11.23% and a negative net margin of 10.43%.The firm had revenue of $509.55 million for the quarter, compared to the consensus estimate of $472.09 million. During the same period last year, the business posted $1.13 EPS. The company’s revenue for the quarter was down 100.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities analysts predict that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current 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.
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