Joseph Lovechio Purchases 1,000 Shares of Gibraltar Industries (NASDAQ:ROCK) Stock

Gibraltar Industries, Inc. (NASDAQ:ROCK) CFO Joseph Lovechio purchased 1,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $34.62 per share, for a total transaction of $34,620.00. Following the completion of the purchase, the chief financial officer owned 13,390 shares of the company’s stock, valued at $463,561.80. This represents a 8.07% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Gibraltar Industries Stock Down 0.6%

Shares of NASDAQ:ROCK traded down $0.20 on Thursday, hitting $34.96. 178,607 shares of the company’s stock were exchanged, compared to its average volume of 347,113. Gibraltar Industries, Inc. has a 1-year low of $33.56 and a 1-year high of $75.08. The company has a market capitalization of $1.04 billion, a PE ratio of -7.86, a P/E/G ratio of 0.59 and a beta of 1.26. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.87 and a current ratio of 1.41. The firm’s 50-day moving average is $39.44 and its 200 day moving average is $47.35.

Gibraltar Industries (NASDAQ:ROCK) last posted its earnings results on Thursday, May 7th. The construction company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.04). The business had revenue of $356.29 million for the quarter, compared to analysts’ expectations 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 for the quarter was up 44.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Sell-side analysts predict that Gibraltar Industries, Inc. will post 3.8 EPS for the current year.

Institutional Trading of Gibraltar Industries

A number of large investors have recently bought and sold shares of ROCK. EverSource Wealth Advisors LLC increased its stake in Gibraltar Industries by 73.0% in the second quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after purchasing an additional 203 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in shares of Gibraltar Industries by 822.2% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 498 shares of the construction company’s stock worth $25,000 after buying an additional 444 shares during the last quarter. Hantz Financial Services Inc. increased its position in Gibraltar Industries by 240.0% in 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 during the period. Advisory Services Network LLC acquired a new position in Gibraltar Industries in the 3rd quarter valued at about $38,000. Finally, Kestra Advisory Services LLC purchased a new stake in Gibraltar Industries during the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 98.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ROCK. Zacks Research upgraded shares of Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Seaport Research Partners reaffirmed a “buy” rating and set a $55.00 price objective on shares of Gibraltar Industries in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.

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.