CSWNYSEAdhesives & SealantsFiscal year ends March 31
CSW INDUSTRIALS, INC.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$287.30−1.05 (-0.36%)
Close on Oct 19, 2026
- Market cap
- $4.70B
- P/E (TTM)
- 39.4
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
16M of 16M shares
Institutional holders
354
42 new, 28 sold out
Net institutional buying
-0M
In Q2 2026
Insider trades, 12 months
1 buys · 24 sales
Net sold $8.87M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Portfolio Management | 911,560 | 5.53% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 857,112 | 5.20% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 2,340,423 | 13.90% | 13G (passive) amendment | Sep 30, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of CSW | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 2,466,624 | 15.14% | $686.46M | +76,187 | 0.01% |
| Vanguard Portfolio Management LLC | 888,596 | 5.45% | $247.30M | −9,060 | 0.01% |
| Capital World Investors | 746,545 | 4.58% | $207.76M | +30,496 | 0.02% |
| Vanguard Capital Management LLC | 736,304 | 4.52% | $204.91M | +3,751 | 0.00% |
| Wasatch Advisors LP | 693,036 | 4.25% | $192.87M | −180,623 | 1.26% |
| State Street Corp | 674,775 | 4.14% | $187.59M | +33,679 | 0.01% |
| Morgan Stanley | 573,678 | 3.52% | $159.66M | −21,770 | 0.01% |
| Conestoga Capital Advisors, LLC | 471,727 | 2.90% | $131.28M | −106,707 | 2.86% |
| Geode Capital Management, LLC | 411,565 | 2.53% | $114.56M | +22,452 | 0.01% |
| Neuberger Berman Group LLC | 369,466 | 2.27% | $102.82M | −2,397 | 0.07% |
| Kayne Anderson Rudnick Investment Management LLC | 348,300 | 2.14% | $96.93M | −27,133 | 0.30% |
| Dimensional Fund Advisors LP | 317,165 | 1.95% | $88.26M | +10,815 | 0.02% |
| Congress Asset Management Co /Ma | 300,506 | 1.84% | $83.63M | +48,158 | 0.51% |
| Channing Capital Management, LLC | 299,374 | 1.84% | $83.32M | −5,984 | 1.92% |
| First Manhattan Co. LLC. | 270,170 | 1.66% | $75.19M | +403 | 0.19% |
| First Trust Advisors LP | 266,240 | 1.63% | $74.09M | −171,222 | 0.04% |
| T. Rowe Price Investment Management, Inc. | 233,959 | 1.44% | $65.11K | −28,827 | 0.04% |
| Northern Trust Corp | 205,664 | 1.26% | $57.24M | +1,844 | 0.01% |
| Goldman Sachs Group Inc | 201,907 | 1.24% | $56.19M | +5,159 | 0.00% |
| Ci Investments Inc. | 200,343 | 1.23% | $55.76M | +155,131 | 0.18% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 354 | 16M | 100.0% | 42 / 120 | 131 / 28 | 1M | 1M |
| Q1 2026 | 350 | 17M | 100.0% | 43 / 125 | 124 / 41 | 3M | 2M |
| Q4 2025 | 353 | 17M | 100.0% | 61 / 127 | 115 / 48 | 3M | 1M |
| Q3 2025 | 346 | 16M | 95.2% | 40 / 118 | 133 / 58 | 2M | 2M |
| Q2 2025 | 369 | 15M | 94.4% | 55 / 123 | 134 / 41 | 1M | 1M |
| Q1 2025 | 358 | 15M | 94.9% | 54 / 124 | 129 / 62 | 1M | 1M |
| Q4 2024 | 371 | 15M | 94.0% | 64 / 137 | 125 / 35 | 1M | 2M |
| Q3 2024 | 347 | 16M | 97.1% | 78 / 128 | 101 / 27 | 5M | 1M |
| Q2 2024 | 301 | 13M | 82.2% | 57 / 109 | 81 / 21 | 2M | 2M |
| Q1 2024 | 269 | 14M | 86.6% | 49 / 76 | 92 / 21 | 2M | 1M |
| Q4 2023 | 241 | 13M | 82.6% | 38 / 79 | 82 / 12 | 1M | 1M |
| Q3 2023 | 218 | 13M | 77.9% | 30 / 73 | 63 / 18 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of CSW | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 992,253 | 6.09% | $276.14M | 0.25% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 915,680 | 5.62% | $254.83M | 0.27% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 517,764 | 3.18% | $144.09M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 420,345 | 2.58% | $116.98M | 0.14% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 374,405 | 2.30% | $104.20M | 0.06% | Jun 30, 2026 |
| First Trust RBA American Industrial Renaissance ETF | 244,414 | 1.50% | $68.02M | 0.59% | Jun 30, 2026 |
| Neuberger Genesis Fund | 216,847 | 1.33% | $60.06M | 0.82% | May 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 215,491 | 1.32% | $59.97M | 0.13% | Jun 30, 2026 |
| Conestoga Small Cap Fund | 207,000 | 1.27% | $57.61M | 2.82% | Jun 30, 2026 |
| Wasatch Core Growth Fund | 203,851 | 1.25% | $56.73M | 1.90% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 189,000 | 1.16% | $52.60M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 177,570 | 1.09% | $56.63M | 0.17% | Jul 31, 2026 |
| Congress Small Cap Growth Fund | 160,000 | 0.98% | $51.03M | 2.54% | Jul 31, 2026 |
| Calvert Small Cap Fund | 156,556 | 0.96% | $43.57M | 3.41% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 150,791 | 0.93% | $41.97M | 0.25% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Joseph B. Armes | Chairman, President & CEO, Director | 65,955 | 0.40% | Sep 16, 2026 |
| Jeff Underwood | EVP, GM Contractor Solutions | 7,343 | 0.05% | Aug 11, 2026 |
| Don Sullivan | EVP, Chief Strategy Officer | 18,916 | 0.12% | Aug 5, 2026 |
| James E. Perry | EVP, CFO | 27,776 | 0.17% | Aug 5, 2026 |
| Luke Alverson | SVP, GC & Secretary | 14,078 | 0.09% | Aug 5, 2026 |
| Danielle Garde | SVP, Chief People Officer | 7,046 | 0.04% | May 7, 2026 |
| Fang Wang | VP, Chief Accounting Officer | 4,006 | 0.02% | Apr 9, 2026 |
| Terry L. Johnston | Director | 10,396 | 0.06% | Aug 31, 2026 |
| Darron K. Ash | Director | 1,564 | 0.01% | Aug 31, 2026 |
| Bobby Griffin | Director | 3,352 | 0.02% | Aug 31, 2026 |
| Linda A. Livingstone | Director | 12,692 | 0.08% | Aug 31, 2026 |
| Anne Motsenbocker | Director | 2,654 | 0.02% | Aug 31, 2026 |
| Michael R. Gambrell | Director | 22,522 | 0.14% | Aug 31, 2026 |
| Jay Kent Sweezey | Director | 10,098 | 0.06% | Dec 4, 2025 |
| Robert M. Swartz | Director | 12,419 | 0.08% | Aug 4, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Joseph B. Armes Chairman, President & CEO, Director | Sep 15, 2026 | Sale(10b5-1 plan) | −1,500 | $289.58 | $434.37K | 62,736 |
| Terry L. Johnston Director | Aug 27, 2026 | Award | +409 | – | – | 10,396 |
| Darron K. Ash Director | Aug 27, 2026 | Award | +409 | – | – | 903 |
| Bobby Griffin Director | Aug 27, 2026 | Award | +409 | – | – | 3,352 |
| Linda A. Livingstone Director | Aug 27, 2026 | Award | +409 | – | – | 12,692 |
| Anne Motsenbocker Director | Aug 27, 2026 | Award | +409 | – | – | 2,654 |
| Michael R. Gambrell Director | Aug 27, 2026 | Award | +409 | – | – | 22,522 |
| Joseph B. Armes Chairman, President & CEO, Director | Aug 14, 2026 | Sale(10b5-1 plan) | −1,500 | $345.16 | $517.74K | 64,236 |
| Jeff Underwood EVP, GM Contractor Solutions | Aug 10, 2026 | Sale | −720 | $346.96 | $249.81K | 6,409 |
| Don Sullivan EVP, Chief Strategy Officer | Aug 5, 2026 | Sale | −4,526 | $343.75 | $1.56M | 17,041 |
| Joseph B. Armes Chairman, President & CEO, Director | Aug 3, 2026 | Gift | −1,864 | – | – | 65,736 |
| James E. Perry EVP, CFO | Aug 3, 2026 | Gift | −500 | – | – | 27,253 |
| Luke Alverson SVP, GC & Secretary | Aug 3, 2026 | Gift | −175 | – | – | 12,275 |
| Joseph B. Armes Chairman, President & CEO, Director | Jul 15, 2026 | Sale(10b5-1 plan) | −1,500 | $289.95 | $434.93K | 67,600 |
| Joseph B. Armes Chairman, President & CEO, Director | Jun 15, 2026 | Sale(10b5-1 plan) | −1,500 | $279.52 | $419.28K | 69,100 |
| Darron K. Ash Director | May 29, 2026 | Other | −660.72 | – | – | 494 |
| Darron K. Ash Director | May 29, 2026 | Other | +660.72 | – | – | 661 |
| Joseph B. Armes Chairman, President & CEO, Director | May 27, 2026 | Sale(10b5-1 plan) | −1,500 | $283.94 | $425.91K | 70,600 |
| Luke Alverson SVP, GC & Secretary | May 1, 2026 | Sale(10b5-1 plan) | −1,007 | $289.57 | $291.60K | 12,450 |
| Joseph B. Armes Chairman, President & CEO, Director | Apr 26, 2026 | Tax withholding | −12,394 | $296.18 | $3.67M | 72,100 |
| Don Sullivan EVP, Chief Strategy Officer | Apr 15, 2026 | Sale(10b5-1 plan) | −166 | $300.26 | $49.84K | 21,567 |
| Joseph B. Armes Chairman, President & CEO, Director | Apr 15, 2026 | Sale(10b5-1 plan) | −1,500 | $286.77 | $430.16K | 84,494 |
| Luke Alverson SVP, GC & Secretary | Apr 7, 2026 | Sale(10b5-1 plan) | −1,007 | $266.11 | $267.97K | 13,457 |
| Jeff Underwood SVP, GM Contractor Solutions | Apr 2, 2026 | Option exercise | +2,127 | – | – | 7,980 |
| Jeff Underwood SVP, GM Contractor Solutions | Apr 2, 2026 | Tax withholding | −851 | $260.34 | $221.55K | 7,129 |
| James E. Perry EVP, CFO | Apr 2, 2026 | Tax withholding | −2,321 | $260.34 | $604.25K | 27,753 |
| James E. Perry EVP, CFO | Apr 2, 2026 | Option exercise | +5,870 | – | – | 30,074 |
| Danielle Garde SVP, Chief People Officer | Apr 2, 2026 | Option exercise | +3,172 | – | – | 6,954 |
| Danielle Garde SVP, Chief People Officer | Apr 2, 2026 | Tax withholding | −1,264 | $260.34 | $329.07K | 5,690 |
| Fang Wang VP, Chief Accounting Officer | Apr 2, 2026 | Tax withholding | −174 | $260.34 | $45.30K | 3,118 |
| Fang Wang VP, Chief Accounting Officer | Apr 2, 2026 | Option exercise | +616 | – | – | 3,292 |
| Don Sullivan EVP, Chief Strategy Officer | Apr 2, 2026 | Option exercise | +5,870 | – | – | 24,066 |
| Don Sullivan EVP, Chief Strategy Officer | Apr 2, 2026 | Tax withholding | −2,333 | $260.34 | $607.37K | 21,733 |
| Luke Alverson SVP, GC & Secretary | Apr 2, 2026 | Tax withholding | −1,333 | $260.34 | $347.03K | 14,464 |
| Luke Alverson SVP, GC & Secretary | Apr 2, 2026 | Option exercise | +3,347 | – | – | 15,797 |
| Joseph B. Armes Chairman, President & CEO, Director | Apr 2, 2026 | Tax withholding | −16,284 | $260.34 | $4.24M | 85,994 |
| Joseph B. Armes Chairman, President & CEO, Director | Apr 2, 2026 | Option exercise | +18,784 | – | – | 102,278 |
| Joseph B. Armes Chairman, President & CEO, Director | Apr 2, 2026 | Option exercise | +23,968 | – | – | 83,494 |
| Joseph B. Armes Chairman, President & CEO, Director | Mar 23, 2026 | Sale(10b5-1 plan) | −1,500 | $270.11 | $405.17K | 59,526 |
| Darron K. Ash Director | Mar 13, 2026 | Buy | +300 | $256.62 | $76.99K | 1,155 |
| Joseph B. Armes Chairman, President & CEO, Director | Feb 17, 2026 | Sale(10b5-1 plan) | −1,500 | $297.79 | $446.69K | 61,026 |
| Luke Alverson SVP, GC & Secretary | Feb 11, 2026 | Gift | −160 | – | – | 12,950 |
| Luke Alverson SVP, GC & Secretary | Feb 11, 2026 | Sale | −500 | $316.02 | $158.01K | 12,450 |
| James E. Perry EVP, CFO | Feb 11, 2026 | Gift | −1,000 | – | – | 24,204 |
| Joseph B. Armes Chairman, President & CEO, Director | Jan 15, 2026 | Sale(10b5-1 plan) | −1,000 | $328.64 | $328.64K | 62,526 |
| James E. Perry EVP, CFO | Jan 2, 2026 | Sale(10b5-1 plan) | −145 | $293.53 | $42.56K | 25,204 |
| Joseph B. Armes Chairman, President & CEO, Director | Dec 16, 2025 | Gift | −967 | – | – | 63,526 |
| Joseph B. Armes Chairman, President & CEO, Director | Dec 15, 2025 | Sale(10b5-1 plan) | −1,000 | $317.40 | $317.40K | 64,493 |
| Linda A. Livingstone Director | Dec 12, 2025 | Gift | −630 | – | – | 12,283 |
| Don Sullivan EVP, Chief Strategy Officer | Dec 8, 2025 | Sale | −4,136 | $301.41 | $1.25M | 18,196 |
| Jay Kent Sweezey Director | Dec 4, 2025 | Gift | −58 | – | – | 10,098 |
| Luke Alverson SVP, GC & Secretary | Dec 2, 2025 | Sale | −280 | $272.96 | $76.43K | 13,110 |
| Luke Alverson SVP, GC & Secretary | Dec 2, 2025 | Gift | −130 | – | – | 13,390 |
| Jeff Underwood SVP, GM Contractor Solutions | Dec 2, 2025 | Sale | −370 | $278.96 | $103.22K | 5,853 |
| James E. Perry EVP, CFO | Dec 1, 2025 | Sale(10b5-1 plan) | −580 | $275.00 | $159.50K | 25,349 |
| Fang Wang VP, Chief Accounting Officer | Nov 18, 2025 | Sale | −359 | $240.54 | $86.35K | 2,676 |
| Joseph B. Armes Chairman, President & CEO, Director | Nov 14, 2025 | Sale(10b5-1 plan) | −1,000 | $250.00 | $250.00K | 65,493 |
| Michael R. Gambrell Director | Nov 5, 2025 | Gift | −3,800 | – | – | 22,113 |
| Joseph B. Armes Chairman, President & CEO, Director | Oct 30, 2025 | Sale(10b5-1 plan) | −1,000 | $250.00 | $250.00K | 66,493 |
| Don Sullivan EVP, Chief Strategy Officer | Oct 1, 2025 | Tax withholding | −1,069 | $252.20 | $269.60K | 22,332 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Joseph B. Armes Affiliate | Oct 15, 2026 | 1,500 | $430.55K | Oct 15, 2026 | Vesting of shares under a long-term incentive plan |
| Joseph B. Armes Affiliate | Sep 15, 2026 | 1,500 | $434.38K | Sep 15, 2026 | Vesting of shares under a long-term incentive plan |
| Joseph B. Armes Affiliate | Aug 14, 2026 | 1,500 | $517.74K | Aug 14, 2026 | Vesting of shares under a long-term incentive plan |
| Underwood Jeffrey Officer | Aug 10, 2026 | 720 | $249.76K | Aug 10, 2026 | Employment related - performance award |
| Sullivan Donal Officer | Aug 5, 2026 | 4,526 | $1.58M | Aug 5, 2026 | Employment related |
| Joseph B. Armes Affiliate | Jul 15, 2026 | 1,500 | $434.92K | Jul 15, 2026 | Vesting of shares under a long-term incentive plan |
| Joseph B. Armes Affiliate | Jun 15, 2026 | 1,500 | $419.28K | Jun 15, 2026 | Vesting of shares under a long-term incentive plan |
| Joseph B. Armes Affiliate | May 27, 2026 | 1,500 | $425.91K | May 27, 2026 | Vesting of shares under a long-term incentive plan |
| Sullivan Donal Officer | Apr 15, 2026 | 3,766 | $1.13M | Apr 15, 2026 | Employment Related Stock Award |
| Joseph B. Armes Affiliate | Apr 15, 2026 | 1,500 | $430.15K | Apr 15, 2026 | Vesting of shares under a long-term incentive plan |
| Alverson Luke Officer | Apr 7, 2026 | 2,014 | $503.50K | Apr 7, 2026 | Employment related - Performance Award |
| Joseph B. Armes Affiliate | Mar 23, 2026 | 1,500 | $405.17K | Mar 23, 2026 | Vesting of shares under a long-term incentive plan |
| Joseph B. Armes Affiliate | Feb 17, 2026 | 1,500 | $446.69K | Feb 17, 2026 | Vesting of shares under a long-term incentive plan |
| Alverson Luke Officer | Feb 11, 2026 | 500 | $157.96K | Feb 11, 2026 | Employee Stock |
| Joseph B. Armes Affiliate | Jan 15, 2026 | 1,000 | $328.64K | Jan 15, 2026 | Vesting of shares under a long-term compensation incentive plan |