Fintel reports that on June 21, 2024, CL King initiated coverage of CSW Industrials (NasdaqGS:CSWI) with a Buy recommendation.
Analyst Price Forecast Suggests 2.98% Upside
As of June 12, 2024, the average one-year price target for CSW Industrials is 273.36. The forecasts range from a low of 262.60 to a high of $289.80. The average price target represents an increase of 2.98% from its latest reported closing price of 265.46.
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The projected annual revenue for CSW Industrials is 900MM, an increase of 13.46%. The projected annual non-GAAP EPS is 7.43.
What is the Fund Sentiment?
There are 536 funds or institutions reporting positions in CSW Industrials. This is an increase of 41 owner(s) or 8.28% in the last quarter. Average portfolio weight of all funds dedicated to CSWI is -4.63%, an increase of 7.17%. Total shares owned by institutions increased in the last three months by 3.09% to 17,075K shares. 
The put/call ratio of CSWI is 0.15, indicating a bullish outlook.
What are Other Shareholders Doing?
Neuberger Berman Group holds 1,080K shares representing 6.96% ownership of the company. In its prior filing, the firm reported owning 1,106K shares , representing a decrease of 2.43%. The firm decreased its portfolio allocation in CSWI by 46.88% over the last quarter.
T. Rowe Price Investment Management holds 803K shares representing 5.17% ownership of the company. In its prior filing, the firm reported owning 1,140K shares , representing a decrease of 41.84%. The firm decreased its portfolio allocation in CSWI by 24.96% over the last quarter.
SMCWX - SMALLCAP WORLD FUND INC holds 727K shares representing 4.68% ownership of the company. In its prior filing, the firm reported owning 386K shares , representing an increase of 46.88%. The firm increased its portfolio allocation in CSWI by 105.73% over the last quarter.
Allspring Global Investments Holdings holds 715K shares representing 4.60% ownership of the company. In its prior filing, the firm reported owning 746K shares , representing a decrease of 4.26%. The firm increased its portfolio allocation in CSWI by 2.18% over the last quarter.
NBGNX - Neuberger Berman Genesis Fund Investor Class holds 714K shares representing 4.60% ownership of the company. In its prior filing, the firm reported owning 724K shares , representing a decrease of 1.33%. The firm increased its portfolio allocation in CSWI by 17.79% over the last quarter.
CSW Industrials Background Information
(This description is provided by the company.)
CSWI is a diversified industrial growth company with well-established, scalable platforms and domain expertise across two segments: Industrial Products and Specialty Chemicals. CSWI's broad portfolio of leading products provides performance optimizing solutions to its customers. CSWI's products include mechanical products for heating, ventilation, air conditioning and refrigeration ('HVAC/R') applications, sealants, and high-performance specialty lubricants. Markets that CSWI serves include: HVAC/R, architecturally-specified building products, general industrial, plumbing, rail, energy, and mining.
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