CSW Industrials (NYSE:CSW) Given New $290.00 Price Target at Wells Fargo & Company

CSW Industrials (NYSE:CSW) had its target price lowered by stock analysts at Wells Fargo & Company from $320.00 to $290.00 in a research report issued on Friday, Benzinga reports. The brokerage presently has an “equal weight” rating on the basic materials company’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 1.64% from the company’s current price.

Several other research analysts have also recently issued reports on CSW. Wall Street Zen cut CSW Industrials from a “buy” rating to a “hold” rating in a report on Sunday, October 18th. Citigroup boosted their price objective on CSW Industrials from $304.00 to $340.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Zacks Research lowered shares of CSW Industrials from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Truist Financial lifted their target price on shares of CSW Industrials from $313.00 to $332.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings upgraded shares of CSW Industrials from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $343.29.

CSW Industrials Price Performance

Shares of NYSE:CSW traded down $6.10 during trading on Friday, reaching $285.32. The company had a trading volume of 64,973 shares, compared to its average volume of 143,883. The firm’s fifty day moving average is $298.82 and its 200 day moving average is $291.07. The firm has a market capitalization of $4.65 billion, a PE ratio of 39.16 and a beta of 0.81. CSW Industrials has a twelve month low of $236.66 and a twelve month high of $355.48. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.36 and a current ratio of 2.70.

CSW Industrials (NYSE:CSW) last posted its quarterly earnings data on Thursday, October 29th. The basic materials company reported $3.66 EPS for the quarter, missing analysts’ consensus estimates of $3.69 by ($0.03). The company had revenue of $361.44 million for the quarter. CSW Industrials had a net margin of 10.34% and a return on equity of 17.41%. CSW Industrials’s revenue for the quarter was up 30.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.96 EPS. On average, equities analysts forecast that CSW Industrials will post 12.53 EPS for the current year.

Insider Activity

In other news, CEO Joseph Armes sold 1,500 shares of the stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $287.04, for a total value of $430,560.00. Following the completion of the sale, the chief executive officer directly owned 64,083 shares of the company’s stock, valued at $18,394,384.32. This represents a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jeff Underwood sold 720 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $346.96, for a total transaction of $249,811.20. Following the completion of the transaction, the executive vice president owned 6,409 shares in the company, valued at approximately $2,223,666.64. This represents a 10.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 3,720 shares of company stock valued at $1,114,741. Company insiders own 1.20% of the company’s stock.

Institutional Trading of CSW Industrials

A number of institutional investors have recently bought and sold shares of CSW. Port Capital LLC acquired a new position in CSW Industrials in the 2nd quarter worth about $1,392,000. HighTower Advisors LLC raised its stake in shares of CSW Industrials by 1,431.5% during the 2nd quarter. HighTower Advisors LLC now owns 20,767 shares of the basic materials company’s stock worth $5,779,000 after purchasing an additional 19,411 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of CSW Industrials by 19,565.8% during the 1st quarter. Fifth Third Bancorp now owns 81,023 shares of the basic materials company’s stock worth $21,113,000 after purchasing an additional 80,611 shares in the last quarter. Deutsche Bank AG acquired a new stake in shares of CSW Industrials during the 2nd quarter valued at about $4,951,000. Finally, Corient Private Wealth LP acquired a new stake in shares of CSW Industrials during the 2nd quarter valued at about $1,848,000. Institutional investors and hedge funds own 82.79% of the company’s stock.

More CSW Industrials News

Here are the key news stories impacting CSW Industrials this week:

• Positive Sentiment: Revenue increased 30.5% year over year to $361.4 million, while adjusted net income and sales reportedly surpassed consensus estimates. The Contractor Solutions segment posted 13% organic growth, supporting the company’s growth outlook. CSW Industrials fiscal 2027 second-quarter results
• Positive Sentiment: Management characterized the quarter as a record period, with broad business momentum and particularly strong organic performance in Contractor Solutions. The favorable revenue trend initially supported gains in the stock. CSW Industrials shares rise after fiscal second-quarter results
• Neutral Sentiment: CSW reported quarterly EPS of $3.66, up from $2.96 a year earlier, but the result was $0.03 below the $3.69 consensus estimate. The modest miss may be limiting investor enthusiasm despite the substantial revenue growth. CSW Industrials second-quarter earnings analysis
• Negative Sentiment: Management expects approximately $49 million of fiscal 2027 interest expense while advancing the exit from the Greco business. The anticipated financing burden and execution risks associated with the exit could pressure earnings and cash flow, contributing to the stock’s weakness. CSW outlines fiscal 2027 interest expense and Greco exit

CSW Industrials Company Profile

CSW Industrials, Inc (NYSE: CSW) is a diversified industrial company that develops, manufactures and sells products designed for professional trades, commercial and residential construction, and industrial maintenance applications. Its offerings are marketed primarily through established brands and distribution channels serving contractors, building professionals and industrial customers.

The company operates through three principal segments: Contractor Solutions, Engineered Building Solutions and Specialized Reliability Solutions.