Gibraltar Industries, Inc. $ROCK Shares Acquired by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC increased its stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) by 178.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 21,696 shares of the construction company’s stock after buying an additional 13,891 shares during the quarter. Counterpoint Mutual Funds LLC’s holdings in Gibraltar Industries were worth $859,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in Gibraltar Industries by 37.0% in the 3rd quarter. GAMMA Investing LLC now owns 993 shares of the construction company’s stock worth $39,000 after buying an additional 268 shares in the last quarter. Tidal Investments LLC purchased a new position in shares of Gibraltar Industries during the 2nd quarter valued at $641,000. Engineers Gate Manager LP purchased a new position in shares of Gibraltar Industries during the 2nd quarter valued at $661,000. Integrated Wealth Concepts LLC purchased a new position in shares of Gibraltar Industries during the 2nd quarter valued at $49,000. Finally, Squarepoint Ops LLC acquired a new position in shares of Gibraltar Industries in the second quarter worth $3,750,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Gibraltar Industries Trading Down 3.5%

Shares of NASDAQ ROCK opened at $37.89 on Friday. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -7.52, a PEG ratio of 0.66 and a beta of 1.24. The business has a 50 day simple moving average of $43.43 and a 200 day simple moving average of $41.77. Gibraltar Industries, Inc. has a 52 week low of $33.56 and a 52 week high of $75.08. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.91 and a current ratio of 1.46.

Gibraltar Industries (NASDAQ:ROCK) last released its quarterly earnings data on Wednesday, August 5th. The construction company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.09. Gibraltar Industries had a positive return on equity of 11.23% and a negative net margin of 10.43%. The firm had revenue of $509.55 million for the quarter, compared to the consensus estimate of $472.09 million. During the same quarter in the prior year, the company posted $1.13 earnings per share. The firm’s revenue was down 100.0% on a year-over-year basis. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. On average, research analysts predict that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ROCK has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Gibraltar Industries in a report on Wednesday, August 26th. Longbow Research started coverage on Gibraltar Industries in a research report on Tuesday, July 7th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Gibraltar Industries

Gibraltar Industries, Inc is a manufacturer of products and solutions for the renewable energy, infrastructure, residential, and agricultural technology markets. The company designs and produces equipment and components used in utility-scale and distributed solar installations, including mounting systems, electrical balance-of-system products, and related structures.

Through its infrastructure businesses, Gibraltar supplies products for highway, bridge, utility, and industrial applications.