Quantbot Technologies LP Purchases New Shares in Gibraltar Industries, Inc. $ROCK

Quantbot Technologies LP acquired a new position in Gibraltar Industries, Inc. (NASDAQ:ROCKFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 23,051 shares of the construction company’s stock, valued at approximately $1,040,000. Quantbot Technologies LP owned approximately 0.08% of Gibraltar Industries at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ROCK. Hantz Financial Services Inc. increased its position in shares of Gibraltar Industries by 240.0% during the fourth quarter. Hantz Financial Services Inc. now owns 510 shares of the construction company’s stock valued at $25,000 after buying an additional 360 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in Gibraltar Industries by 822.2% in 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 period. EverSource Wealth Advisors LLC boosted its position in Gibraltar Industries by 73.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 481 shares of the construction company’s stock valued at $28,000 after acquiring an additional 203 shares in the last quarter. Advisory Services Network LLC bought a new stake in Gibraltar Industries during the 3rd quarter valued at approximately $38,000. Finally, Kestra Advisory Services LLC purchased a new position in shares of Gibraltar Industries during the 4th quarter worth approximately $39,000. 98.39% of the stock is owned by hedge funds and other institutional investors.

Gibraltar Industries Price Performance

Shares of NASDAQ ROCK opened at $46.33 on Thursday. The company has a 50 day simple moving average of $45.06 and a two-hundred day simple moving average of $42.85. Gibraltar Industries, Inc. has a fifty-two week low of $33.56 and a fifty-two week high of $75.08. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of -9.19, a P/E/G ratio of 0.80 and a beta of 1.22. 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:ROCKGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, topping the consensus estimate 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 company 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 business posted $1.13 EPS. The firm’s quarterly revenue was down 100.0% compared to the same quarter last year. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. Analysts expect that Gibraltar Industries, Inc. will post 3.84 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Longbow Research initiated coverage on Gibraltar Industries in a research note on Tuesday, July 7th. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. Finally, Seaport Research Partners restated a “buy” rating and set a $55.00 target price on shares of Gibraltar Industries in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Gibraltar Industries presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on ROCK

About Gibraltar Industries

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Gibraltar Industries (NASDAQ:ROCK)

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