Expect Equity LLC Invests $3.08 Million in Gibraltar Industries, Inc. $ROCK

Expect Equity LLC acquired a new stake in shares of Gibraltar Industries, Inc. (NASDAQ:ROCK) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 68,267 shares of the construction company’s stock, valued at approximately $3,079,000. Gibraltar Industries accounts for about 2.0% of Expect Equity LLC’s holdings, making the stock its 17th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its position in Gibraltar Industries by 7.3% in the 1st quarter. Royal Bank of Canada now owns 12,879 shares of the construction company’s stock worth $756,000 after purchasing an additional 875 shares during the period. Jones Financial Companies Lllp purchased a new stake in Gibraltar Industries during the 1st quarter valued at $248,000. Goldman Sachs Group Inc. lifted its holdings in shares of Gibraltar Industries by 26.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 194,359 shares of the construction company’s stock valued at $11,401,000 after buying an additional 40,656 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Gibraltar Industries by 12.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 86,935 shares of the construction company’s stock worth $5,100,000 after buying an additional 9,354 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Gibraltar Industries by 150.5% in the 1st quarter. Jane Street Group LLC now owns 102,703 shares of the construction company’s stock worth $6,025,000 after buying an additional 61,702 shares during the last quarter. Institutional investors own 98.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ROCK shares. Longbow Research began coverage on Gibraltar Industries in a research report on Tuesday, July 7th. They set a “buy” rating for the company. Zacks Research raised Gibraltar Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Weiss Ratings restated a “sell (d)” rating on shares of Gibraltar Industries in a research note on Friday, May 29th. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $55.00 price target on shares of Gibraltar Industries in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Gibraltar Industries Trading Down 0.6%

Shares of ROCK stock opened at $46.01 on Wednesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.46 and a quick ratio of 0.91. The company has a market cap of $1.37 billion, a price-to-earnings ratio of -9.13, a PEG ratio of 0.80 and a beta of 1.22. Gibraltar Industries, Inc. has a 1 year low of $33.56 and a 1 year high of $75.08. The firm has a fifty day moving average price of $44.94 and a 200-day moving average price of $42.89.

Gibraltar Industries (NASDAQ:ROCK) last announced its earnings results 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 company had revenue of $509.55 million for the quarter, compared to analysts’ expectations of $472.09 million. Gibraltar Industries had a positive return on equity of 11.23% and a negative net margin of 10.43%.Gibraltar Industries’s revenue for the quarter was down 100.0% compared to the same quarter last year. During the same period last year, the firm earned $1.13 EPS. Gibraltar Industries has set its FY 2026 guidance at 3.650-4.050 EPS. As a group, equities analysts predict that Gibraltar Industries, Inc. will post 3.84 earnings per share for the current 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.