Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Gibraltar Industries, Inc. $ROCK

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 49,795 shares of the construction company’s stock, valued at approximately $2,246,000.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in 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 buying an additional 203 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Gibraltar Industries by 822.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock valued at $25,000 after acquiring an additional 444 shares during the period. Hantz Financial Services Inc. raised its stake in Gibraltar Industries by 240.0% during the 4th quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after acquiring an additional 360 shares in the last quarter. Advisory Services Network LLC bought a new stake in Gibraltar Industries during the 3rd quarter valued at $38,000. Finally, Kestra Advisory Services LLC acquired a new position in Gibraltar Industries during the 4th quarter worth $39,000. Institutional investors own 98.39% of the company’s stock.

Gibraltar Industries Stock Performance

ROCK opened at $45.27 on Friday. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of -8.98, a price-to-earnings-growth ratio of 0.80 and a beta of 1.22. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.46 and a quick ratio of 0.91. Gibraltar Industries, Inc. has a 1-year low of $33.56 and a 1-year high of $75.08. The business has a 50 day moving average price of $45.24 and a two-hundred day moving average price of $42.81.

Gibraltar Industries (NASDAQ:ROCK) last issued its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.09. Gibraltar Industries had a positive return on equity of 11.23% and a negative net margin of 10.43%.The company had revenue of $509.55 million for the quarter, compared to analysts’ expectations of $472.09 million. During the same period last year, the firm earned $1.13 EPS. The firm’s revenue for the quarter was down 100.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Research analysts predict that Gibraltar Industries, Inc. will post 3.84 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Longbow Research began coverage on Gibraltar Industries in a research note on Tuesday, July 7th. They issued a “buy” rating for the company. Seaport Research Partners reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Gibraltar Industries in a report on Tuesday, May 12th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, 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.