William Bosway Acquires 19,735 Shares of Gibraltar Industries (NASDAQ:ROCK) Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CEO William Bosway bought 19,735 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price of $37.44 per share, with a total value of $738,878.40. Following the transaction, the chief executive officer directly owned 250,320 shares of the company’s stock, valued at $9,371,980.80. This represents a 8.56% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Gibraltar Industries Stock Performance

NASDAQ:ROCK opened at $39.23 on Friday. The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 1.39. Gibraltar Industries, Inc. has a 12-month low of $33.56 and a 12-month high of $75.08. The stock has a 50-day moving average price of $38.95 and a 200 day moving average price of $46.36. The stock has a market capitalization of $1.16 billion, a P/E ratio of -8.82, a P/E/G ratio of 0.69 and a beta of 1.26.

Gibraltar Industries (NASDAQ:ROCK) last released 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 business had revenue of $356.29 million for 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 business’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. Equities research analysts forecast that Gibraltar Industries, Inc. will post 3.8 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. boosted 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 purchasing an additional 194 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Gibraltar Industries by 73.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after buying an additional 203 shares in the last quarter. Cascade Investment Advisors Inc. increased its position in Gibraltar Industries by 1.1% during the 4th quarter. Cascade Investment Advisors Inc. now owns 19,330 shares of the construction company’s stock valued at $956,000 after buying an additional 205 shares in the last quarter. Gabelli Funds LLC increased its position in Gibraltar Industries by 0.6% during the 4th quarter. Gabelli Funds LLC now owns 35,951 shares of the construction company’s stock valued at $1,777,000 after buying an additional 208 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its position in 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 buying an additional 267 shares in the last quarter. 98.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ROCK has been the subject of several research analyst reports. Zacks Research upgraded Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Seaport Research Partners restated a “buy” rating and set a $55.00 price target on shares of Gibraltar Industries in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, 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.