SG Americas Securities LLC Sells 17,194 Shares of Gibraltar Industries, Inc. $ROCK

SG Americas Securities LLC cut its holdings in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 71.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,015 shares of the construction company’s stock after selling 17,194 shares during the quarter. SG Americas Securities LLC’s holdings in Gibraltar Industries were worth $280,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. EverSource Wealth Advisors LLC grew its holdings in Gibraltar Industries by 73.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after acquiring an additional 203 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of Gibraltar Industries by 822.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after acquiring an additional 444 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of Gibraltar Industries by 240.0% in the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock worth $25,000 after acquiring an additional 360 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Gibraltar Industries during the third quarter worth approximately $38,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Gibraltar Industries during the fourth quarter worth approximately $39,000. 98.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Gibraltar Industries in a report on Friday, May 29th. Longbow Research started coverage on shares of Gibraltar Industries in a research report on Tuesday. They issued a “buy” rating for the company. Seaport Research Partners reaffirmed a “buy” rating and set a $55.00 price objective on shares of Gibraltar Industries in a report on Tuesday, May 12th. Finally, Zacks Research upgraded Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Gibraltar Industries Price Performance

ROCK opened at $42.22 on Friday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. The company has a fifty day moving average price of $39.70 and a two-hundred day moving average price of $44.22. The firm has a market capitalization of $1.25 billion, a PE ratio of -9.49, a P/E/G ratio of 0.74 and a beta of 1.21. Gibraltar Industries, Inc. has a 52 week low of $33.56 and a 52 week high of $75.08.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings data on Thursday, May 7th. The construction company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.04). The company had revenue of $356.29 million during the quarter, compared to analysts’ expectations of $350.15 million. Gibraltar Industries had a positive return on equity of 10.86% and a negative net margin of 10.68%.The business’s revenue for the quarter was up 44.6% compared to the same quarter last year. During the same period last year, the company earned $0.95 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, analysts anticipate that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Joseph A. Lovechio purchased 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average cost of $34.62 per share, for a total transaction of $34,620.00. Following the completion of the acquisition, the chief financial officer owned 13,390 shares in the company, valued at $463,561.80. This trade represents a 8.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Katherine Bolanowski bought 1,400 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $35.63 per share, for a total transaction of $49,882.00. Following 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 22,135 shares of company stock valued at $823,380 in the last three months. 0.90% of the stock is currently owned by insiders.

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.