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In a recent stock transaction, Luke Alverson, Senior Vice President, General Counsel, and Secretary of CSW Industrials, Inc. (NASDAQ:CSWI), a $4.8 billion industrial company currently trading at $286.11, sold a total of 1,100 shares of the company’s common stock. The sales, executed on March 17, 2025, were part of a pre-established 10b5-1 trading plan. The shares were sold at prices ranging from $291.18 to $294.82, generating a total value of approximately $321,335. According to InvestingPro analysis, CSWI’s stock has declined nearly 19% year-to-date, though the company maintains a "GREAT" financial health rating.
Following these transactions, Alverson retains ownership of 13,434 shares of CSW Industrials’ common stock. Additionally, he holds 1,802 shares indirectly through an Employee Stock Ownership Plan (ESOP). InvestingPro analysis shows the stock is currently trading at premium multiples, with 13 additional key insights available to subscribers through the comprehensive Pro Research Report.
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, higher than the anticipated $191.87 million. CSWI also announced a definitive agreement to acquire Aspen Manufacturing for approximately $313.5 million in cash, a move expected to be immediately accretive to its earnings per share and EBITDA. This acquisition aims to enhance CSWI’s product portfolio in the HVAC/R market, with Aspen’s estimated revenues for 2024 projected at $122.4 million.
Additionally, Truist Securities initiated coverage on CSW Industrials with a Hold rating and set a price target of $362.00. The firm noted CSWI’s consistent above-average organic growth, supported by strategic mergers and acquisitions. The acquisition of Aspen Manufacturing aligns with CSWI’s strategy to leverage existing distribution channels and increase market share in the HVAC/R sector. CSWI plans to fund the acquisition through cash on hand and debt under its existing $500 million credit facility.
The company’s earnings call highlighted a gross profit margin of 41.4%, despite increased freight expenses, and an adjusted EBITDA of $42 million, showing a 14% growth. CSWI anticipates continued growth in revenue, EBITDA, and EPS for the full fiscal year, driven by strategic acquisitions and organic growth.
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