CSW Industrials, Inc. (NASDAQ:CSWI) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. cut its position in CSW Industrials, Inc. (NASDAQ:CSWI) by 14.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 269 shares of the basic materials company’s stock after selling 46 shares during the period. First Horizon Advisors Inc.’s holdings in CSW Industrials were worth $56,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in CSWI. Heritage Wealth Management LLC acquired a new stake in CSW Industrials during the 4th quarter worth $254,000. Victory Capital Management Inc. boosted its position in CSW Industrials by 107.9% during the fourth quarter. Victory Capital Management Inc. now owns 9,363 shares of the basic materials company’s stock worth $1,942,000 after acquiring an additional 4,859 shares during the last quarter. Simplex Trading LLC purchased a new stake in CSW Industrials during the 4th quarter valued at about $93,000. New York State Common Retirement Fund grew its stake in CSW Industrials by 2.3% during the 4th quarter. New York State Common Retirement Fund now owns 6,334 shares of the basic materials company’s stock valued at $1,314,000 after acquiring an additional 143 shares in the last quarter. Finally, LRT Capital Management LLC acquired a new stake in CSW Industrials in the 4th quarter valued at about $2,133,000. 82.79% of the stock is owned by institutional investors and hedge funds.

CSW Industrials Trading Up 0.9 %

CSWI opened at $250.34 on Wednesday. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 40.18, a price-to-earnings-growth ratio of 1.99 and a beta of 0.72. The company’s 50 day simple moving average is $234.99 and its two-hundred day simple moving average is $211.66. CSW Industrials, Inc. has a 1-year low of $132.66 and a 1-year high of $252.14. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.77 and a quick ratio of 1.40.

CSW Industrials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Friday, April 26th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, April 25th. This represents a $0.84 dividend on an annualized basis and a yield of 0.34%. This is a positive change from CSW Industrials’s previous quarterly dividend of $0.19. CSW Industrials’s payout ratio is 13.48%.

Insider Buying and Selling at CSW Industrials

In other news, CEO Joseph B. Armes sold 1,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $232.36, for a total transaction of $232,360.00. Following the transaction, the chief executive officer now owns 50,997 shares of the company’s stock, valued at approximately $11,849,662.92. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other CSW Industrials news, EVP Don Sullivan sold 7,826 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $230.90, for a total transaction of $1,807,023.40. Following the completion of the sale, the executive vice president now owns 28,956 shares of the company’s stock, valued at $6,685,940.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Joseph B. Armes sold 1,000 shares of CSW Industrials stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $232.36, for a total value of $232,360.00. Following the completion of the sale, the chief executive officer now owns 50,997 shares in the company, valued at approximately $11,849,662.92. The disclosure for this sale can be found here. Insiders sold a total of 10,826 shares of company stock worth $2,502,133 in the last three months. 1.30% of the stock is owned by corporate insiders.

CSW Industrials Company Profile

CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. It operates through three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The Contractor Solutions segment provides condensate pads, pans, pumps, switches, and traps; cements, diffusers, grilles, registers, solvents, thread sealants, and vents; line set covers; refrigerant caps; wire pulling head tools; electrical protection, chemical maintenance, and installation supplies for HVAC; ductless mini-split systems installation support tools and accessories; and drain waste and vent system products for use in HVAC/R, plumbing, general industrial, architecturally specified building products.