Jupiter Topco LLC acquired a new position in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,146 shares of the construction company’s stock, valued at approximately $638,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Gibraltar Industries in the second quarter valued at about $221,886,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Gibraltar Industries during the second quarter valued at approximately $44,420,000. Boston Partners increased its holdings in shares of Gibraltar Industries by 3,483.6% in the fourth quarter. Boston Partners now owns 923,711 shares of the construction company’s stock valued at $45,993,000 after purchasing an additional 897,935 shares in the last quarter. Alliancebernstein L.P. raised its position in Gibraltar Industries by 694.4% in the 3rd quarter. Alliancebernstein L.P. now owns 536,668 shares of the construction company’s stock worth $33,703,000 after purchasing an additional 469,111 shares during the last quarter. Finally, First Wilshire Securities Management Inc. increased its stake in shares of Gibraltar Industries by 287.7% in the 1st quarter. First Wilshire Securities Management Inc. now owns 499,923 shares of the construction company’s stock valued at $19,932,000 after buying an additional 370,985 shares during the period. Institutional investors and hedge funds own 98.39% of the company’s stock.
Wall Street Analysts Forecast Growth
ROCK has been the subject of several recent research reports. Weiss Ratings reissued 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 issued a “buy” rating on the stock. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $55.00 target price on shares of Gibraltar Industries in a report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Gibraltar Industries has a consensus rating of “Moderate Buy”.
Gibraltar Industries Price Performance
Shares of ROCK opened at $47.25 on Monday. The company has a quick ratio of 0.91, a current ratio of 1.46 and a debt-to-equity ratio of 1.37. Gibraltar Industries, Inc. has a twelve month low of $33.56 and a twelve month high of $75.08. The stock has a market capitalization of $1.40 billion, a P/E ratio of -9.38, a P/E/G ratio of 0.82 and a beta of 1.23. The company has a 50 day moving average of $45.53 and a 200-day moving average of $42.41.
Gibraltar Industries (NASDAQ:ROCK – Get Free Report) last announced 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. The business had revenue of $509.55 million for the quarter, compared to analyst estimates of $472.09 million. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The firm’s revenue for the quarter was down 100.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.13 earnings per share. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities research analysts forecast that Gibraltar Industries, Inc. will post 3.84 EPS for the current fiscal year.
Gibraltar Industries Company Profile
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.
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