CSW Industrials (NYSE:CSW – Free Report) had its price objective hoisted by JPMorgan Chase & Co. from $350.00 to $380.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the basic materials company’s stock.
Several other brokerages also recently commented on CSW. Citigroup cut their price target on shares of CSW Industrials from $307.00 to $304.00 and set a “neutral” rating for the company in a report on Wednesday, May 27th. Wells Fargo & Company upped their price target on shares of CSW Industrials from $285.00 to $320.00 and gave the stock an “equal weight” rating in a report on Friday. Weiss Ratings downgraded CSW Industrials from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. Truist Financial increased their price objective on CSW Industrials from $300.00 to $313.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Finally, Zacks Research lowered CSW Industrials from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CSW Industrials presently has an average rating of “Moderate Buy” and a consensus price target of $339.71.
View Our Latest Report on CSW Industrials
CSW Industrials Trading Up 1.7%
CSW Industrials (NYSE:CSW – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The basic materials company reported $3.84 EPS for the quarter, beating the consensus estimate of $3.66 by $0.18. The company had revenue of $350.65 million during the quarter. CSW Industrials had a net margin of 10.34% and a return on equity of 17.41%. The firm’s quarterly revenue was up 33.0% compared to the same quarter last year. On average, equities analysts forecast that CSW Industrials will post 12.52 EPS for the current fiscal year.
CSW Industrials Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a dividend of $0.30 per share. The ex-dividend date is Friday, July 31st. This represents a $1.20 annualized dividend and a yield of 0.4%. CSW Industrials’s payout ratio is presently 17.96%.
Insider Buying and Selling
In other CSW Industrials news, CEO Joseph B. Armes sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $279.52, for a total value of $419,280.00. Following the completion of the transaction, the chief executive officer owned 69,100 shares of the company’s stock, valued at $19,314,832. The trade was a 2.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is currently owned by corporate insiders.
Institutional Trading of CSW Industrials
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Handelsbanken Fonder AB lifted its holdings in shares of CSW Industrials by 14.8% during the 2nd quarter. Handelsbanken Fonder AB now owns 5,589 shares of the basic materials company’s stock worth $1,555,000 after acquiring an additional 720 shares during the last quarter. Pacer Advisors Inc. increased its stake in CSW Industrials by 135.3% in the first quarter. Pacer Advisors Inc. now owns 819 shares of the basic materials company’s stock valued at $213,000 after acquiring an additional 471 shares during the last quarter. Empowered Funds LLC increased its stake in CSW Industrials by 25.2% in the first quarter. Empowered Funds LLC now owns 2,091 shares of the basic materials company’s stock valued at $545,000 after acquiring an additional 421 shares during the last quarter. Glenmede Trust Co. NA raised its position in CSW Industrials by 9.7% during the first quarter. Glenmede Trust Co. NA now owns 6,382 shares of the basic materials company’s stock valued at $1,663,000 after purchasing an additional 566 shares in the last quarter. Finally, Argent Capital Management LLC raised its position in CSW Industrials by 58.7% during the first quarter. Argent Capital Management LLC now owns 3,246 shares of the basic materials company’s stock valued at $846,000 after purchasing an additional 1,200 shares in the last quarter. Hedge funds and other institutional investors own 82.79% of the company’s stock.
Trending Headlines about CSW Industrials
Here are the key news stories impacting CSW Industrials this week:
- Positive Sentiment: Strong earnings and revenue growth: Fiscal Q1 EPS was $3.84, above the $3.66 consensus and up from $2.85 a year earlier. Revenue increased 33% year over year to $350.65 million, also surpassing expectations. CSW Industrials Q1 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Record operating performance: CSW described the quarter as an all-time record, while its Contractor Solutions segment delivered a second consecutive quarter of positive organic growth. The results point to improving demand and operating momentum. CSW Industrials Reports Fiscal 2027 First-Quarter Results
- Positive Sentiment: JPMorgan raised its price target from $350 to $380 and reaffirmed an “overweight” rating, implying meaningful additional upside based on the reported reference price. Benzinga analyst action report
- Positive Sentiment: Brokerage coverage remains constructive, with analysts maintaining a consensus “Moderate Buy” recommendation. CSW Industrials Receives Moderate Buy Consensus
- Neutral Sentiment: Wells Fargo lifted its price target from $285 to $320 but kept an “equal weight” rating, suggesting limited near-term valuation upside in its view. Benzinga analyst action report
- Neutral Sentiment: Management is targeting organic revenue growth for fiscal 2027 while projecting approximately $48 million of interest expense, an important factor for future earnings and cash flow. CSW Fiscal 2027 Interest Expense and Growth Outlook
CSW Industrials Company Profile
CSW Industrials, Inc is a diversified industrial manufacturer that develops and supplies specialty chemical products, performance materials and precision surface solutions. The company’s offerings span a range of end markets including energy, industrial processing, converting and automotive, where its products serve critical functions in production efficiency, equipment maintenance and process enhancement.
In its chemical business, CSW Industrials produces solvent- and water-based formulations such as surfactants, corrosion inhibitors and custom blends used in oilfield exploration and production, metalworking, water treatment and other industrial applications.
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