CSW Industrials, Inc. (NASDAQ:CSWI) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its holdings in CSW Industrials, Inc. (NASDAQ:CSWI) by 0.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 143,498 shares of the basic materials company’s stock after acquiring an additional 640 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in CSW Industrials were worth $29,763,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of CSW Industrials by 1.9% in the 3rd quarter. Vanguard Group Inc. now owns 854,363 shares of the basic materials company’s stock valued at $149,719,000 after purchasing an additional 15,809 shares during the last quarter. Conestoga Capital Advisors LLC increased its stake in CSW Industrials by 81.5% during the 4th quarter. Conestoga Capital Advisors LLC now owns 398,680 shares of the basic materials company’s stock valued at $82,690,000 after purchasing an additional 178,962 shares in the last quarter. Northern Trust Corp raised its holdings in shares of CSW Industrials by 14.1% in the third quarter. Northern Trust Corp now owns 192,084 shares of the basic materials company’s stock worth $33,661,000 after buying an additional 23,726 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of CSW Industrials by 1.0% during the third quarter. Bank of New York Mellon Corp now owns 79,594 shares of the basic materials company’s stock worth $13,948,000 after buying an additional 808 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of CSW Industrials by 195.5% during the third quarter. Assenagon Asset Management S.A. now owns 54,242 shares of the basic materials company’s stock valued at $9,505,000 after buying an additional 35,887 shares during the last quarter. Institutional investors and hedge funds own 82.79% of the company’s stock.

Insider Buying and Selling

In related news, CEO Joseph B. Armes sold 1,000 shares of the stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $232.69, for a total value of $232,690.00. Following the transaction, the chief executive officer now owns 56,579 shares in the company, valued at approximately $13,165,367.51. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, CEO Joseph B. Armes sold 1,000 shares of the stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $232.69, for a total value of $232,690.00. Following the sale, the chief executive officer now owns 56,579 shares in the company, valued at $13,165,367.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Don Sullivan sold 7,826 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $230.90, for a total transaction of $1,807,023.40. Following the transaction, the executive vice president now directly owns 28,956 shares of the company’s stock, valued at approximately $6,685,940.40. The disclosure for this sale can be found here. Insiders sold 9,826 shares of company stock valued at $2,269,773 over the last quarter. 1.30% of the stock is currently owned by company insiders.

CSW Industrials Price Performance

NASDAQ CSWI opened at $247.53 on Thursday. The stock’s fifty day moving average price is $237.71 and its 200 day moving average price is $216.64. CSW Industrials, Inc. has a 1 year low of $132.78 and a 1 year high of $252.14. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.77 and a quick ratio of 1.40. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 39.73, a PEG ratio of 2.04 and a beta of 0.72.

CSW Industrials Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Friday, April 26th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.34%. This is a boost from CSW Industrials’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, April 25th. CSW Industrials’s dividend payout ratio (DPR) is presently 13.48%.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.