Aviance Capital Partners LLC Purchases New Stake in Gibraltar Industries, Inc. $ROCK

Aviance Capital Partners LLC acquired a new stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) during the first quarter, Holdings Channel reports. The fund acquired 20,786 shares of the construction company’s stock, valued at approximately $829,000.

Several other hedge funds also recently added to or reduced their stakes in ROCK. EverSource Wealth Advisors LLC increased its position in shares of Gibraltar Industries by 73.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock worth $28,000 after purchasing an additional 203 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in 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 valued at $25,000 after buying an additional 444 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in Gibraltar Industries by 240.0% in the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after buying an additional 360 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Gibraltar Industries during the third quarter valued at approximately $38,000. Finally, Kestra Advisory Services LLC acquired a new stake in Gibraltar Industries during the fourth quarter valued at approximately $39,000. 98.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Gibraltar Industries news, VP Katherine Bolanowski bought 1,400 shares of the stock in a transaction that occurred 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 directly owned 17,389 shares in the company, valued at $619,570.07. The trade was a 8.76% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joseph A. Lovechio bought 1,000 shares of the business’s stock in a transaction 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 purchase, the chief financial officer directly owned 13,390 shares in the company, valued at $463,561.80. This represents a 8.07% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 22,135 shares of company stock valued at $823,380. Insiders own 0.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Seaport Research Partners reaffirmed a “buy” rating and set a $55.00 target price on shares of Gibraltar Industries in a report on Tuesday, May 12th. Longbow Research initiated coverage on Gibraltar Industries in a research report on Tuesday, July 7th. They set a “buy” rating on the stock. Zacks Research raised Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Gibraltar Industries Stock Performance

Shares of ROCK opened at $43.18 on Monday. The firm has a fifty day moving average of $40.13 and a 200-day moving average of $43.93. The company has a market cap of $1.28 billion, a price-to-earnings ratio of -9.70, a price-to-earnings-growth ratio of 0.76 and a beta of 1.21. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. Gibraltar Industries, Inc. has a 1 year low of $33.56 and a 1 year high of $75.08.

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