Gw&K Investment Management 13F: Adds $7.5M to CVCO Stake

Gw&K Investment Management has increased its investment in Cavco Industries, Inc. (NasdaqGS: CVCO) by adding 12,135 shares, according to its latest Form 13F filing with the SEC. This move, reported on May 13, 2026, raises Gw&K's stake by 8.03%, bringing its total holdings to 163,284 shares valued at approximately $96.79 million.

What Changed in Gw&K Investment Management's Cavco Industries Position

Gw&K Investment Management's recent filing shows a significant boost in its Cavco Industries holdings. The firm added 12,135 shares to its portfolio, increasing its position from 151,149 shares to 163,284 shares. This represents an 8.03% increase, with the total value of the shares now standing at about $96.79 million.

Other Institutional Activity in Cavco Industries

Several other funds have also adjusted their positions in Cavco Industries. BlackRock, Inc. slightly reduced its holdings by 395 shares, maintaining a total of 1,198,316 shares valued at $580.33 million. State Street Corp added 12,275 shares, bringing its total to 401,905 shares worth about $194.64 million. Meanwhile, Capital World Investors trimmed its position by 23,487 shares, holding 616,579 shares valued at $298.60 million. Boston Partners significantly reduced its stake by 68,179 shares, ending with 299,660 shares valued at $145.09 million.

Cavco Industries, Inc. Stock Up 16.9%

Shares of Cavco Industries, Inc. traded at approximately $592.76. The company has a market capitalization of $4.55 billion, a P/E ratio of 24.75, and a beta of 1.306. Over the past year, the stock has seen a low of $393.80 and a high of $713.01. Its 50-day moving average is $516.16, while the 200-day moving average is $552.15. Cavco maintains a current ratio of 2.459 and a quick ratio of 1.134, with a debt-to-equity ratio of 3.879.

Recent Earnings

Cavco Industries reported revenue of $2.24 billion, reflecting a growth rate of 8.2%. The company achieved an EPS of $23.95, with a net margin of 8.49% and a return on equity of 17.58%. The next earnings report is expected on July 30, 2026.

Insider Buying and Selling at Cavco Industries, Inc.

Insider activity at Cavco Industries includes several transactions. On May 28, 2026, President & CEO William Boor sold 13,100 shares and purchased another 13,100 shares at different price points. Chief Accounting Officer Paul Bigbee sold 200 shares on the same day. Earlier, on May 22, 2026, President of Financial Services Jack Brandom sold 11 shares.

Analysts Set New Price Targets

On June 5, 2026, UBS initiated coverage of Cavco Industries with a 'buy' rating and a price target of $700. The consensus among analysts is a 'strong buy', with a mean target price of $625 based on three opinions.

About Cavco Industries

Cavco Industries, Inc., headquartered in Phoenix, Arizona, is a leader in the residential construction sector, specializing in factory-built homes. The company operates through two main segments: Factory-Built Housing and Financial Services. Cavco designs, produces, and retails homes, including park model RVs, vacation cabins, and modular homes. The company also offers financial services such as mortgages and insurance to its homebuyers. Founded in 1965, Cavco employs approximately 7,700 people.

Bottom Line

Gw&K Investment Management's increase in Cavco Industries shares suggests confidence in the company's growth potential. As a residential construction leader with a strong market presence, Cavco continues to attract institutional interest. However, it's important to remember that 13F filings are backward-looking and may not reflect the current position.