Quantinno Capital Management LP grew its stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK – Free Report) by 112.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,692 shares of the construction company’s stock after acquiring an additional 20,449 shares during the period. Quantinno Capital Management LP owned about 0.13% of Gibraltar Industries worth $1,543,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the stock. Osaic Holdings Inc. grew its stake in Gibraltar Industries by 16.8% in the second quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock worth $79,000 after purchasing an additional 194 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Gibraltar Industries by 73.0% during the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after buying an additional 203 shares in the last quarter. Gabelli Funds LLC lifted its holdings in Gibraltar Industries by 0.6% during the 4th quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock worth $1,777,000 after buying an additional 208 shares during the last quarter. State of Alaska Department of Revenue grew its position in shares of Gibraltar Industries by 1.6% in the 4th quarter. State of Alaska Department of Revenue now owns 16,702 shares of the construction company’s stock worth $825,000 after acquiring an additional 267 shares in the last quarter. Finally, California State Teachers Retirement System grew its position 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 acquiring an additional 287 shares in the last quarter. Institutional investors and hedge funds own 98.39% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on ROCK. Longbow Research began coverage on Gibraltar Industries in a research note on Tuesday, July 7th. They set a “buy” rating on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Gibraltar Industries in a report on Friday, May 29th. Seaport Research Partners restated a “buy” rating and issued a $55.00 price target on shares of Gibraltar Industries in a research report on Tuesday, May 12th. Finally, Zacks Research raised shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.
Gibraltar Industries Stock Performance
ROCK stock opened at $49.10 on Thursday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.91 and a current ratio of 1.46. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -9.74, a PEG ratio of 0.86 and a beta of 1.22. Gibraltar Industries, Inc. has a 1 year low of $33.56 and a 1 year high of $75.08. The stock’s fifty day moving average is $43.51 and its two-hundred day moving average is $43.18.
Gibraltar Industries (NASDAQ:ROCK – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.09. The business had revenue of $509.55 million for the quarter, compared to analysts’ expectations 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 revenue for the quarter was down 100.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.13 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, research analysts predict that Gibraltar Industries, Inc. will post 3.84 EPS for the current year.
Insiders Place Their Bets
In other Gibraltar Industries news, VP Katherine Bolanowski acquired 1,400 shares of Gibraltar Industries stock in a transaction dated Thursday, May 21st. The stock was acquired at an average cost of $35.63 per share, for a total transaction of $49,882.00. Following the completion of the transaction, the vice president owned 17,389 shares in the company, valued at approximately $619,570.07. This represents a 8.76% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO William T. Bosway acquired 19,735 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average cost of $37.44 per share, with a total value of $738,878.40. Following the completion of the acquisition, the chief executive officer directly owned 250,320 shares in the company, valued at approximately $9,371,980.80. This represents a 8.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders bought 22,135 shares of company stock worth $823,380. Insiders own 0.90% 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.
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