Aegis Has Pessimistic Outlook of RGR FY2025 Earnings

Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) - Equities researchers at Aegis reduced their FY2025 earnings estimates for shares of Sturm, Ruger & Company, Inc. in a research report issued on Tuesday, June 24th. Aegis analyst R. Dionisio now forecasts that the company will earn $2.07 per share for the year, down from their prior estimate of $2.09. The consensus estimate for Sturm, Ruger & Company, Inc.'s current full-year earnings is $2.31 per share.

Separately, Wall Street Zen downgraded shares of Sturm, Ruger & Company, Inc. from a "buy" rating to a "hold" rating in a research note on Sunday.

Sturm, Ruger & Company, Inc. Trading Down 1.1%

NYSE:RGR traded down $0.39 on Thursday, hitting $35.72. The company had a trading volume of 295,220 shares, compared to its average volume of 160,845. The stock has a market capitalization of $591.57 million, a price-to-earnings ratio of 19.52 and a beta of 0.11. The firm has a 50 day moving average of $36.79 and a two-hundred day moving average of $37.13. Sturm, Ruger & Company, Inc. has a 52 week low of $32.74 and a 52 week high of $46.40.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.19). Sturm, Ruger & Company, Inc. had a return on equity of 9.78% and a net margin of 5.84%. The firm had revenue of $135.74 million for the quarter, compared to the consensus estimate of $148.05 million. During the same period last year, the company posted $0.40 EPS. The business's revenue was down .8% on a year-over-year basis.

Sturm, Ruger & Company, Inc. Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend was Friday, May 16th. Sturm, Ruger & Company, Inc.'s payout ratio is 39.34%.

Insider Activity at Sturm, Ruger & Company, Inc.

In other Sturm, Ruger & Company, Inc. news, VP Timothy Lowney purchased 2,200 shares of the company's stock in a transaction dated Tuesday, May 6th. The stock was purchased at an average price of $33.37 per share, with a total value of $73,414.00. Following the completion of the purchase, the vice president now owns 8,874 shares of the company's stock, valued at approximately $296,125.38. The trade was a 32.96% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Phillip Widman purchased 4,000 shares of the company's stock in a transaction dated Tuesday, May 6th. The shares were acquired at an average cost of $33.58 per share, with a total value of $134,320.00. Following the purchase, the director now directly owns 31,757 shares of the company's stock, valued at approximately $1,066,400.06. The trade was a 14.41% increase in their position. The disclosure for this purchase can be found here. 4.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Sturm, Ruger & Company, Inc.

Several large investors have recently modified their holdings of RGR. Rhumbline Advisers raised its stake in shares of Sturm, Ruger & Company, Inc. by 4.5% during the fourth quarter. Rhumbline Advisers now owns 44,956 shares of the company's stock valued at $1,590,000 after acquiring an additional 1,918 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Sturm, Ruger & Company, Inc. by 2.4% during the fourth quarter. Principal Financial Group Inc. now owns 81,537 shares of the company's stock valued at $2,884,000 after acquiring an additional 1,937 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Sturm, Ruger & Company, Inc. by 12.6% during the fourth quarter. Bank of New York Mellon Corp now owns 202,841 shares of the company's stock valued at $7,174,000 after acquiring an additional 22,736 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Sturm, Ruger & Company, Inc. by 32.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company's stock valued at $71,000 after acquiring an additional 495 shares during the last quarter. Finally, Aigen Investment Management LP raised its stake in shares of Sturm, Ruger & Company, Inc. by 57.9% during the fourth quarter. Aigen Investment Management LP now owns 11,859 shares of the company's stock valued at $419,000 after acquiring an additional 4,349 shares during the last quarter. Institutional investors own 64.00% of the company's stock.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates through the Firearms and Castings segments. The Firearms segment focuses on manufacturing and selling rifles, pistols, and revolvers principally to a number of federally licensed, independent wholesale distributors.