Gibraltar Industries, Inc. $ROCK Shares Sold by Nordea Investment Management AB

Nordea Investment Management AB decreased its position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) by 12.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,591 shares of the construction company’s stock after selling 18,165 shares during the period. Nordea Investment Management AB owned about 0.42% of Gibraltar Industries worth $6,074,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada boosted its stake in shares of Gibraltar Industries by 7.3% in the first quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock valued at $756,000 after purchasing an additional 875 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of Gibraltar Industries in the first quarter worth $248,000. Goldman Sachs Group Inc. increased its position in shares of Gibraltar Industries by 26.5% during 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of 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 in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Gibraltar Industries by 150.5% in the first quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock valued at $6,025,000 after acquiring an additional 61,702 shares in the last quarter. 98.39% of the stock is owned by institutional investors and hedge funds.

Gibraltar Industries Trading Down 2.5%

Gibraltar Industries stock opened at $40.92 on Friday. The company has a fifty day simple moving average of $48.19 and a 200-day simple moving average of $54.16. The stock has a market cap of $1.21 billion, a P/E ratio of -27.28, a price-to-earnings-growth ratio of 0.74 and a beta of 1.34. Gibraltar Industries, Inc. has a 12-month low of $37.79 and a 12-month high of $75.08.

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

Insider Activity at Gibraltar Industries

In related news, CEO William T. Bosway bought 4,500 shares of the stock in a transaction dated Monday, March 9th. The stock was acquired at an average price of $38.29 per share, for a total transaction of $172,305.00. Following the acquisition, the chief executive officer owned 228,085 shares in the company, valued at approximately $8,733,374.65. This represents a 2.01% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James S. Metcalf bought 12,444 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average cost of $40.35 per share, for a total transaction of $502,115.40. Following the completion of the transaction, the director directly owned 15,500 shares in the company, valued at approximately $625,425. The trade was a 407.20% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 19,444 shares of company stock worth $775,070 over the last quarter. 0.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on ROCK shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Gibraltar Industries in a research note on Monday, December 29th. Zacks Research lowered Gibraltar Industries from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Finally, CJS Securities upgraded Gibraltar Industries to a “strong-buy” rating in a research note on Thursday, December 11th. 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, the stock has a consensus rating of “Hold”.

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.