Citigroup Inc. Boosts Stock Holdings in Gibraltar Industries, Inc. $ROCK

Citigroup Inc. boosted its position in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 28.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,531 shares of the construction company’s stock after purchasing an additional 15,555 shares during the period. Citigroup Inc.’s holdings in Gibraltar Industries were worth $4,429,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ROCK. Royal Bank of Canada lifted its holdings in shares of Gibraltar Industries by 7.3% in the 1st quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock valued at $756,000 after buying an additional 875 shares during the period. Jones Financial Companies Lllp acquired a new position in Gibraltar Industries during the first quarter worth $248,000. Goldman Sachs Group Inc. raised its position in Gibraltar Industries by 26.5% in the first quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company’s stock worth $11,401,000 after acquiring an additional 40,656 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Gibraltar Industries by 12.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company’s stock valued at $5,100,000 after acquiring an additional 9,354 shares during the period. Finally, Jane Street Group LLC boosted its position in shares of Gibraltar Industries by 150.5% during the 1st quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock worth $6,025,000 after purchasing an additional 61,702 shares in the last quarter. Institutional investors and hedge funds own 98.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ROCK shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Gibraltar Industries in a report on Monday, December 29th. CJS Securities upgraded shares of Gibraltar Industries to a “strong-buy” rating in a research report on Thursday, December 11th. Finally, Zacks Research cut shares of Gibraltar Industries from a “hold” rating to a “strong sell” rating in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the stock. According to MarketBeat, Gibraltar Industries has a consensus rating of “Hold”.

Gibraltar Industries Stock Down 1.8%

Gibraltar Industries stock opened at $43.05 on Thursday. The firm has a market capitalization of $1.27 billion, a PE ratio of -28.70, a P/E/G ratio of 0.78 and a beta of 1.34. Gibraltar Industries, Inc. has a 52 week low of $42.86 and a 52 week high of $75.08. The firm’s 50-day simple moving average is $51.67 and its 200 day simple moving average is $56.53.

Gibraltar Industries (NASDAQ:ROCK) last announced its earnings results on Thursday, February 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.02. Gibraltar Industries had a negative net margin of 3.76% and a positive return on equity of 12.05%. The company had revenue of $268.69 million during the quarter, compared to analysts’ expectations of $265.13 million. During the same quarter in the previous year, the business posted $1.01 earnings per share. The firm’s quarterly revenue was up 16.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, research analysts expect that Gibraltar Industries, Inc. will post 4.91 EPS for the current fiscal year.

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.