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CSW Industrials, Inc. (NASDAQ:CSWI), a $4.8 billion industrial company currently trading at $286.11, saw a notable transaction from its Executive Vice President and Chief Strategy Officer, Don Sullivan. On March 17, Sullivan sold a total of 2,222 shares of common stock, amounting to approximately $649,096. The shares were sold at prices ranging from $291.18 to $294.82. According to InvestingPro data, the stock has declined nearly 19% over the past six months. Following these transactions, Sullivan retains ownership of 24,853 shares directly and 1,802 shares indirectly through an ESOP. These sales were conducted under a pre-established 10b5-1 trading plan. InvestingPro analysis shows the company maintains strong fundamentals with a current ratio of 4.18 and minimal debt, while trading at a P/E ratio of 34.3x. For deeper insights into CSWI’s valuation and financial health, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, CSW Industrials Inc . reported its third-quarter fiscal year 2025 earnings, which exceeded Wall Street expectations. The company achieved an adjusted earnings per share (EPS) of $1.48, surpassing the forecast of $1.43, and reported revenue of $194 million, beating the anticipated $191.87 million. Additionally, CSWI announced a definitive agreement to acquire Aspen Manufacturing for approximately $313.5 million in cash, a move expected to immediately enhance the company’s earnings per share and EBITDA. Aspen Manufacturing’s projected revenues for 2024 are estimated at $122.4 million, and the acquisition is anticipated to close in the first quarter of CSWI’s 2026 fiscal year, subject to customary conditions.
Truist Securities recently initiated coverage on CSW Industrials with a Hold rating and set a price target of $362.00. The firm acknowledged CSWI’s consistent above-average organic growth and strategic acquisitions, which have bolstered its diversified revenue stream. The acquisition of Aspen Manufacturing aligns with CSWI’s strategy to expand its market share in the HVAC/R sector. Meanwhile, CSWI’s third-quarter results showed a notable 11% year-over-year revenue increase, driven by strong demand in its Contractor Solutions segment. The company also reported a gross profit margin of 41.4%, despite facing increased freight expenses.
CSWI continues to pursue strategic acquisitions, with the recent purchase of Waterworks expected to enhance its product offerings. The company anticipates continued growth in revenue, EBITDA, and EPS for the full fiscal year, leveraging its strong balance sheet and capital allocation strategy.
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