SG Americas Securities LLC Sells 17,194 Shares of Gibraltar Industries, Inc. $ROCK

SG Americas Securities LLC decreased its stake in Gibraltar Industries, Inc. (NASDAQ:ROCK) by 71.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 7,015 shares of the construction company’s stock after selling 17,194 shares during the period. SG Americas Securities LLC’s holdings in Gibraltar Industries were worth $280,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ROCK. ARS Investment Partners LLC purchased a new position in Gibraltar Industries in the first quarter valued at approximately $270,000. Pacer Advisors Inc. bought a new stake in shares of Gibraltar Industries in the fourth quarter valued at $4,122,000. Invesco Ltd. lifted its position in shares of Gibraltar Industries by 5.5% during the 4th quarter. Invesco Ltd. now owns 147,068 shares of the construction company’s stock valued at $7,271,000 after buying an additional 7,672 shares during the last quarter. Vident Advisory LLC grew its stake in shares of Gibraltar Industries by 9.7% during the 4th quarter. Vident Advisory LLC now owns 11,856 shares of the construction company’s stock worth $586,000 after acquiring an additional 1,046 shares during the period. Finally, EP Wealth Advisors LLC purchased a new stake in Gibraltar Industries in the 4th quarter worth about $377,000. 98.39% of the stock is currently owned by hedge funds and other institutional investors.

Gibraltar Industries Stock Performance

Shares of NASDAQ:ROCK opened at $42.22 on Friday. The stock has a market capitalization of $1.25 billion, a P/E ratio of -9.49, a PEG ratio of 0.74 and a beta of 1.21. Gibraltar Industries, Inc. has a 52 week low of $33.56 and a 52 week high of $75.08. The firm has a fifty day simple moving average of $39.70 and a two-hundred day simple moving average of $44.22. The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 1.39.

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). The firm had revenue of $356.29 million during the quarter, compared to the consensus estimate of $350.15 million. Gibraltar Industries had a positive return on equity of 10.86% and a negative net margin of 10.68%.Gibraltar Industries’s revenue was up 44.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, analysts expect that Gibraltar Industries, Inc. will post 3.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ROCK. Zacks Research raised shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a research report on Friday, May 29th. Longbow Research began coverage on Gibraltar Industries in a research note on Tuesday. They issued a “buy” rating on the stock. Finally, Seaport Research Partners reissued a “buy” rating and set a $55.00 price objective on shares of Gibraltar Industries in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Insider Buying and Selling

In other news, CEO William T. Bosway purchased 19,735 shares of the stock in a transaction on Tuesday, May 26th. The stock was bought at an average price of $37.44 per share, with a total value of $738,878.40. Following the transaction, the chief executive officer owned 250,320 shares in the company, valued at $9,371,980.80. The trade was a 8.56% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Joseph A. Lovechio purchased 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average cost of $34.62 per share, for a total transaction of $34,620.00. Following the completion of the purchase, the chief financial officer directly owned 13,390 shares in the company, valued at $463,561.80. This represents a 8.07% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 22,135 shares of company stock valued at $823,380 over the last three months. 0.90% of the stock is owned by company insiders.

Gibraltar Industries Company 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.