Gibraltar Industries, Inc. $ROCK Shares Sold by First Trust Advisors LP

First Trust Advisors LP cut its stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) by 65.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,525 shares of the construction company’s stock after selling 33,407 shares during the period. First Trust Advisors LP’s holdings in Gibraltar Industries were worth $699,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of ROCK. First Wilshire Securities Management Inc. boosted its position in shares of Gibraltar Industries by 287.7% in the 1st quarter. First Wilshire Securities Management Inc. now owns 499,923 shares of the construction company’s stock valued at $19,932,000 after purchasing an additional 370,985 shares during the period. Summit Global Investments raised its holdings in Gibraltar Industries by 4.6% during the 1st quarter. Summit Global Investments now owns 19,176 shares of the construction company’s stock worth $765,000 after buying an additional 847 shares during the period. Commonwealth Financial Services LLC acquired a new stake in Gibraltar Industries during the 1st quarter worth about $260,000. Dimensional Fund Advisors LP raised its holdings in Gibraltar Industries by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,705,997 shares of the construction company’s stock worth $68,018,000 after buying an additional 7,251 shares during the period. Finally, Aviance Capital Partners LLC purchased a new stake in Gibraltar Industries during the first quarter valued at about $829,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Gibraltar Industries Price Performance

NASDAQ ROCK opened at $49.77 on Wednesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.46 and a quick ratio of 0.91. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -9.88, a price-to-earnings-growth ratio of 0.85 and a beta of 1.22. The company has a 50 day simple moving average of $43.28 and a 200-day simple moving average of $43.20. Gibraltar Industries, Inc. has a 52-week low of $33.56 and a 52-week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 EPS for the quarter, beating 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 firm’s revenue was down 100.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.13 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities research analysts predict that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current fiscal year.

Insider Buying and Selling at Gibraltar Industries

In related news, CEO William T. Bosway purchased 19,735 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of $37.44 per share, with a total value of $738,878.40. Following the completion of the purchase, the chief executive officer owned 250,320 shares of the company’s stock, valued at $9,371,980.80. The trade was a 8.56% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Joseph A. Lovechio acquired 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $34.62 per share, with a total value of $34,620.00. Following the completion of the acquisition, the chief financial officer owned 13,390 shares of the company’s stock, valued at $463,561.80. This represents a 8.07% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 22,135 shares of company stock valued at $823,380 in the last quarter. Company insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a report on Friday, May 29th. Longbow Research started coverage on shares of Gibraltar Industries in a research note on Tuesday, July 7th. They issued a “buy” rating for the company. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Seaport Research Partners reissued a “buy” rating and set a $55.00 target price on shares of Gibraltar Industries in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.