Louisiana State Employees Retirement System Purchases Shares of 13,100 Gibraltar Industries, Inc. $ROCK

Louisiana State Employees Retirement System purchased a new position in Gibraltar Industries, Inc. (NASDAQ:ROCK) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,100 shares of the construction company’s stock, valued at approximately $522,000.

A number of other institutional investors have also recently made changes to their positions in ROCK. Boston Partners increased its holdings in shares of Gibraltar Industries by 3,483.6% in the fourth quarter. Boston Partners now owns 923,711 shares of the construction company’s stock worth $45,993,000 after purchasing an additional 897,935 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Gibraltar Industries by 694.4% during the third quarter. Alliancebernstein L.P. now owns 536,668 shares of the construction company’s stock valued at $33,703,000 after buying an additional 469,111 shares during the last quarter. Jane Street Group LLC purchased a new position in Gibraltar Industries during the 4th quarter valued at approximately $4,700,000. Pacer Advisors Inc. bought a new stake in Gibraltar Industries in the 4th quarter worth approximately $4,122,000. Finally, CSM Advisors LLC bought a new stake in Gibraltar Industries in the 3rd quarter worth approximately $5,030,000. Hedge funds and other institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Price Performance

NASDAQ:ROCK opened at $43.15 on Wednesday. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of -9.70, a PEG ratio of 0.76 and a beta of 1.21. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.41 and a quick ratio of 0.87. The business has a 50 day simple moving average of $39.55 and a 200-day simple moving average of $44.36. 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 earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.04). The company had revenue of $356.29 million for the quarter, compared to the consensus estimate of $350.15 million. Gibraltar Industries had a negative net margin of 10.68% and a positive return on equity of 10.86%. The business’s revenue for the quarter was up 44.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.95 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities analysts forecast that Gibraltar Industries, Inc. will post 3.8 EPS for the current year.

Insider Activity

In other news, VP Katherine Bolanowski purchased 1,400 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average cost of $35.63 per share, for a total transaction of $49,882.00. Following the acquisition, the vice president owned 17,389 shares of the company’s stock, valued at approximately $619,570.07. This trade represents a 8.76% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO William T. Bosway acquired 19,735 shares of Gibraltar Industries stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 250,320 shares in the company, valued at $9,371,980.80. This trade represents a 8.56% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 22,135 shares of company stock valued at $823,380. 0.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ROCK shares. Longbow Research began coverage on Gibraltar Industries in a research report on Tuesday. They set a “buy” rating for the company. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Seaport Research Partners reaffirmed a “buy” rating and set a $55.00 price target on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a research report on Friday, May 29th. One equities 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.

Gibraltar Industries 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.