Deroy & Devereaux Private Investment Counsel Inc. Acquires 62,820 Shares of Gibraltar Industries, Inc. $ROCK

Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 62,820 shares of the construction company’s stock, valued at approximately $2,488,000.

A number of other institutional investors have also recently bought and sold shares of the business. Inspire Investing LLC increased its position in shares of Gibraltar Industries by 4.3% during the 3rd quarter. Inspire Investing LLC now owns 15,873 shares of the construction company’s stock valued at $629,000 after purchasing an additional 656 shares during the last quarter. Skylands Capital LLC raised its stake in shares of Gibraltar Industries by 93.1% during the 3rd quarter. Skylands Capital LLC now owns 64,400 shares of the construction company’s stock worth $2,550,000 after purchasing an additional 31,050 shares during the period. Counterpoint Mutual Funds LLC boosted its holdings in shares of Gibraltar Industries by 178.0% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 21,696 shares of the construction company’s stock worth $859,000 after buying an additional 13,891 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Gibraltar Industries by 37.0% in the 3rd quarter. GAMMA Investing LLC now owns 993 shares of the construction company’s stock worth $39,000 after buying an additional 268 shares during the last quarter. Finally, Tidal Investments LLC purchased a new position in shares of Gibraltar Industries in the 2nd quarter worth about $641,000. Institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Stock Down 1.9%

Shares of NASDAQ ROCK opened at $38.10 on Tuesday. Gibraltar Industries, Inc. has a one year low of $33.56 and a one year high of $71.83. 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 business’s fifty day moving average price is $42.21 and its 200-day moving average price is $43.57. The stock has a market capitalization of $1.13 billion, a PE ratio of -7.56, a P/E/G ratio of 0.68 and a beta of 1.24.

Gibraltar Industries (NASDAQ:ROCK) last posted its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $509.55 million during the quarter, compared to the consensus estimate of $472.09 million. During the same quarter in the prior year, the company earned $1.13 EPS. The firm’s quarterly revenue was down 100.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, equities research analysts anticipate that Gibraltar Industries, Inc. will post 3.82 EPS for the current year.

Wall Street Analyst Weigh In

ROCK has been the subject of several research reports. Longbow Research began coverage on shares of Gibraltar Industries in a research report on Tuesday, July 7th. They set a “buy” rating for the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gibraltar Industries in a research report on Wednesday, August 26th. One investment 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 company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Gibraltar Industries Company Profile

Gibraltar Industries, Inc is a Buffalo, New York-based manufacturer of products and services used in the construction, renewable energy, infrastructure and controlled-environment agriculture markets. The company serves residential and commercial builders, contractors, utilities, solar developers, growers and other industrial customers.

Its products include roofing and ventilation components, solar racking and mounting systems, greenhouse structures and related growing systems, and engineered products for infrastructure and industrial applications.