Primecap Management Co. CA Takes Position in Gibraltar Industries, Inc. $ROCK

Primecap Management Co. CA bought a new position in Gibraltar Industries, Inc. (NASDAQ:ROCK) during the second quarter, Holdings Channel reports. The fund bought 95,600 shares of the construction company’s stock, valued at approximately $4,312,000.

Several other institutional investors also recently modified their holdings of the business. BlackRock Inc. bought a new stake in Gibraltar Industries during the second quarter worth about $221,886,000. Dimensional Fund Advisors LP increased its stake in shares of Gibraltar Industries by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,705,997 shares of the construction company’s stock valued at $68,018,000 after purchasing an additional 7,251 shares in the last quarter. State Street Corp lifted its holdings in shares of Gibraltar Industries by 5.8% during the fourth quarter. State Street Corp now owns 1,363,153 shares of the construction company’s stock valued at $67,394,000 after purchasing an additional 74,427 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Gibraltar Industries by 3.4% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 986,324 shares of the construction company’s stock worth $48,764,000 after purchasing an additional 32,764 shares in the last quarter. Finally, Boston Partners boosted its position in shares of Gibraltar Industries by 3,483.6% in the 4th quarter. Boston Partners now owns 923,711 shares of the construction company’s stock worth $45,993,000 after purchasing an additional 897,935 shares in the last quarter. 98.39% of the stock is currently owned by institutional investors.

Gibraltar Industries Trading Up 0.7%

Shares of NASDAQ ROCK opened at $46.33 on Thursday. The firm’s 50 day moving average price is $45.06 and its 200-day moving average price is $42.85. 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. The company has a market cap of $1.38 billion, a PE ratio of -9.19, a P/E/G ratio of 0.80 and a beta of 1.22.

Gibraltar Industries (NASDAQ:ROCK) last announced its quarterly earnings results on Wednesday, August 5th. The construction company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.09. Gibraltar Industries had a negative net margin of 10.43% and a positive return on equity of 11.23%. The company had revenue of $509.55 million during the quarter, compared to the consensus estimate of $472.09 million. During the same quarter last year, the firm earned $1.13 earnings per share. 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. On average, equities research analysts expect that Gibraltar Industries, Inc. will post 3.84 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.