CSW Industrials, Inc. (NYSE:CSW – Get Free Report) shares dropped 7.9% during mid-day trading on Wednesday . The company traded as low as $271.12 and last traded at $275.2150. 144,713 shares changed hands during trading, a decline of 2% from the average daily volume of 148,401 shares. The stock had previously closed at $298.93.
CSW Industrials News Summary
Here are the key news stories impacting CSW Industrials this week:
- Positive Sentiment: CSW reported quarterly earnings of $3.84 per share, exceeding the $3.66 analyst consensus and rising from $2.85 a year earlier. Revenue reached $350.65 million, up 33% year over year. CSW Industrials Q1 Earnings and Revenues Surpass Estimates
- Positive Sentiment: The company described the quarter as an all-time record period, while its Contractor Solutions segment delivered a second consecutive quarter of positive organic growth. The results suggest improving demand and operating momentum in a key business area. CSW Industrials Fiscal 2027 First-Quarter Results
- Positive Sentiment: Investor materials and management’s earnings call highlighted the record quarter and continued Contractor Solutions growth, reinforcing the view that CSW’s recent performance is broadening beyond isolated cost or pricing benefits. CSW Industrials Q1 2027 Earnings Call Transcript
- Positive Sentiment: Brokerages currently assign CSW a consensus “Moderate Buy” recommendation, indicating that analyst sentiment remains favorable following the earnings release. CSW Industrials Receives Moderate Buy Consensus
Wall Street Analyst Weigh In
Several research firms have commented on CSW. Truist Financial upped their price target on shares of CSW Industrials from $300.00 to $313.00 and gave the company a “hold” rating in a report on Thursday, July 2nd. Wells Fargo & Company boosted their price target on CSW Industrials from $280.00 to $285.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Weiss Ratings lowered shares of CSW Industrials from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 14th. Citigroup dropped their price target on shares of CSW Industrials from $307.00 to $304.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 27th. Finally, Zacks Research lowered shares of CSW Industrials from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $330.43.
CSW Industrials Trading Up 15.3%
The company’s 50 day simple moving average is $279.34 and its 200 day simple moving average is $283.23. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.60 and a quick ratio of 1.23. The firm has a market cap of $5.12 billion, a price-to-earnings ratio of 47.04 and a beta of 0.84.
CSW Industrials (NYSE:CSW – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The basic materials company reported $3.84 earnings per share for the quarter, beating analysts’ consensus estimates of $3.66 by $0.18. The company had revenue of $350.65 million for the quarter. CSW Industrials had a return on equity of 15.91% and a net margin of 10.35%.The business’s revenue was up 33.0% compared to the same quarter last year. As a group, research analysts expect that CSW Industrials, Inc. will post 12.52 earnings per share for the current fiscal year.
CSW Industrials Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, July 31st. CSW Industrials’s dividend payout ratio (DPR) is currently 17.96%.
Insiders Place Their Bets
In other CSW Industrials news, CEO Joseph B. Armes sold 1,500 shares of the company’s stock in a transaction 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 in the company, valued at $19,314,832. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 company insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in CSW. Valley Wealth Managers Inc. acquired a new position in shares of CSW Industrials in the 1st quarter valued at $26,000. Arax Advisory Partners acquired a new stake in CSW Industrials during the 4th quarter worth $28,000. Danske Bank A S purchased a new position in CSW Industrials during the 4th quarter worth $29,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in CSW Industrials in the fourth quarter valued at $31,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of CSW Industrials in the fourth quarter valued at about $31,000. Hedge funds and other institutional investors own 82.79% of the company’s stock.
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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