Fifth Third Bancorp Acquires 27,414 Shares of Gibraltar Industries, Inc. $ROCK

Fifth Third Bancorp grew its stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 13,638.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,615 shares of the construction company’s stock after buying an additional 27,414 shares during the period. Fifth Third Bancorp’s holdings in Gibraltar Industries were worth $1,101,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Osaic Holdings Inc. grew its position in Gibraltar Industries by 16.8% during the second quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock valued at $79,000 after acquiring an additional 194 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Gibraltar Industries by 73.0% during the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after acquiring an additional 203 shares during the last quarter. Cascade Investment Advisors Inc. lifted its holdings in Gibraltar Industries by 1.1% in the 4th quarter. Cascade Investment Advisors Inc. now owns 19,330 shares of the construction company’s stock worth $956,000 after buying an additional 205 shares during the period. Gabelli Funds LLC boosted its holdings in Gibraltar Industries by 0.6% in the fourth quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock valued at $1,777,000 after acquiring an additional 208 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in shares of Gibraltar Industries by 1.6% during the 4th quarter. State of Alaska Department of Revenue now owns 16,702 shares of the construction company’s stock valued at $825,000 after purchasing an additional 267 shares in the last quarter. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Gibraltar Industries

In other news, VP Katherine Bolanowski acquired 1,400 shares of Gibraltar Industries stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average price of $35.63 per share, for a total transaction of $49,882.00. Following the completion of the transaction, the vice president 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, CEO William T. Bosway bought 19,735 shares of the stock in a transaction on Tuesday, May 26th. The stock was purchased at an average cost of $37.44 per share, for a total transaction of $738,878.40. Following the acquisition, the chief executive officer owned 250,320 shares of the company’s stock, valued at $9,371,980.80. This trade represents a 8.56% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 22,135 shares of company stock worth $823,380 in the last ninety days. Insiders own 0.90% of the company’s stock.

Analysts Set New Price Targets

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

Gibraltar Industries Stock Up 1.8%

Shares of Gibraltar Industries stock opened at $45.19 on Friday. The company has a market cap of $1.34 billion, a price-to-earnings ratio of -10.16, a price-to-earnings-growth ratio of 0.79 and a beta of 1.21. The company’s 50 day moving average is $40.79 and its 200 day moving average is $43.78. Gibraltar Industries, Inc. has a twelve month low of $33.56 and a twelve month high of $75.08. The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 1.39.

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

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.