Primecap Management Co. CA acquired a new stake in Gibraltar Industries, Inc. (NASDAQ:ROCK – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 95,600 shares of the construction company’s stock, valued at approximately $4,312,000. Primecap Management Co. CA owned approximately 0.32% of Gibraltar Industries as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Osaic Holdings Inc. increased its holdings in shares of Gibraltar Industries by 16.8% in the second quarter. Osaic Holdings Inc. now owns 1,348 shares of the construction company’s stock worth $79,000 after buying an additional 194 shares during the period. EverSource Wealth Advisors LLC raised its holdings 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 during the last quarter. Gabelli Funds LLC boosted 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 during the period. California State Teachers Retirement System boosted its position in Gibraltar Industries by 1.0% during the 2nd quarter. California State Teachers Retirement System now owns 28,132 shares of the construction company’s stock valued at $1,660,000 after buying an additional 287 shares during the period. Finally, State of Wyoming grew its holdings in Gibraltar Industries by 28.7% in the 1st quarter. State of Wyoming now owns 1,360 shares of the construction company’s stock worth $54,000 after acquiring an additional 303 shares during the last quarter. Institutional investors own 98.39% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on ROCK. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research report on Friday, May 29th. Seaport Research Partners reissued a “buy” rating and issued a $55.00 target price on shares of Gibraltar Industries in a research note on Tuesday, May 12th. Finally, Longbow Research started coverage on Gibraltar Industries in a report on Tuesday, July 7th. They set a “buy” rating on the stock. One investment 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 issued a Sell rating to the company’s stock. According to MarketBeat, Gibraltar Industries has a consensus rating of “Moderate Buy”.
Gibraltar Industries Stock Up 0.7%
Shares of NASDAQ ROCK opened at $46.33 on Thursday. The company has a current ratio of 1.46, a quick ratio of 0.91 and a debt-to-equity ratio of 1.37. Gibraltar Industries, Inc. has a 12 month low of $33.56 and a 12 month high of $75.08. The firm has a market capitalization of $1.38 billion, a PE ratio of -9.19, a price-to-earnings-growth ratio of 0.80 and a beta of 1.22. The firm has a fifty day simple moving average of $45.06 and a two-hundred day simple moving average of $42.85.
Gibraltar Industries (NASDAQ:ROCK – Get Free Report) last announced its earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.09. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The firm had revenue of $509.55 million for the quarter, compared to analyst estimates of $472.09 million. During the same quarter in the previous year, the firm posted $1.13 EPS. The company’s revenue for the quarter was down 100.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Equities analysts expect that Gibraltar Industries, Inc. will post 3.84 earnings per share 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.
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