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CSW Industrials, Inc. (NASDAQ:CSWI), a $4.95 billion industrial company with a strong financial health rating according to InvestingPro, has reported that Don Sullivan, the company’s Executive Vice President and Chief Strategy Officer, sold shares valued at approximately $444,670 on April 15. The transactions, executed under a 10b5-1 trading plan, involved the sale of 1,500 shares of common stock. The shares were sold at prices ranging from $295.14 to $298.99, coming after a significant 24.6% price decline over the past six months. Following these transactions, Sullivan retains 27,489 shares of CSW Industrials’ common stock in direct ownership, with an additional 1,803 shares held indirectly through an employee stock ownership plan (ESOP). According to InvestingPro’s analysis, the company currently trades at premium multiples, with 12+ additional insights available to subscribers.
In other recent news, CSW Industrials reported its third-quarter fiscal year 2025 earnings, surpassing Wall Street expectations with an adjusted earnings per share (EPS) of $1.48, compared to the forecast of $1.43. The company’s revenue reached $194 million, exceeding the anticipated $191.87 million, marking an 11% increase year-over-year. In addition, CSW Industrials announced a significant acquisition, agreeing to purchase Aspen Manufacturing for approximately $313.5 million in cash. This acquisition is expected to be immediately accretive to CSWI’s earnings per share and EBITDA, enhancing its product portfolio within the HVAC/R market.
Furthermore, CSW Industrials declared a 12.5% increase in its quarterly cash dividend to $0.27 per share, reflecting the company’s strong financial health. Truist Securities initiated coverage on CSW Industrials with a Hold rating and set a price target of $362.00, highlighting the company’s consistent delivery of above-average organic growth. The firm’s analysis emphasizes CSWI’s strategic mergers and acquisitions as a foundation for its competitive position. These developments indicate CSW Industrials’ ongoing focus on growth and financial performance, with strategic acquisitions and dividend increases underscoring its robust market strategy.
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