Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) - Analysts at Aegis lowered their FY2025 EPS estimates for Sturm, Ruger & Company, Inc. in a note issued to investors on Tuesday, June 24th. Aegis analyst R. Dionisio now anticipates 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.
Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last released 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 business had revenue of $135.74 million for the quarter, compared to analysts' expectations of $148.05 million. During the same quarter in the prior year, the company posted $0.40 earnings per share. The business's revenue for the quarter was down .8% compared to the same quarter last year.
Separately, Wall Street Zen upgraded Sturm, Ruger & Company, Inc. from a "hold" rating to a "buy" rating in a report on Saturday, June 21st.
Check Out Our Latest Report on RGR
Sturm, Ruger & Company, Inc. Stock Performance
Shares of RGR opened at $35.53 on Thursday. The company's 50-day simple moving average is $36.92 and its 200-day simple moving average is $37.14. Sturm, Ruger & Company, Inc. has a 1 year low of $32.74 and a 1 year high of $46.40. The stock has a market capitalization of $588.38 million, a PE ratio of 19.42 and a beta of 0.11.
Sturm, Ruger & Company, Inc. Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 2.03%. The ex-dividend date of this dividend was Friday, May 16th. Sturm, Ruger & Company, Inc.'s dividend payout ratio (DPR) is presently 39.34%.
Insider Buying and Selling at Sturm, Ruger & Company, Inc.
In related news, VP Timothy Lowney acquired 2,200 shares of the firm's stock in a transaction on Tuesday, May 6th. The stock was bought at an average price of $33.37 per share, for a total transaction of $73,414.00. Following the completion of the purchase, the vice president now directly owns 8,874 shares of the company's stock, valued at approximately $296,125.38. The trade was a 32.96% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Sarah F. Colbert sold 8,000 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $35.80, for a total value of $286,400.00. Following the completion of the sale, the vice president now directly owns 564 shares of the company's stock, valued at $20,191.20. The trade was a 93.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.60% of the stock is owned by insiders.
Institutional Trading of Sturm, Ruger & Company, Inc.
Several institutional investors and hedge funds have recently added to or reduced their stakes in RGR. GAMMA Investing LLC lifted its position in Sturm, Ruger & Company, Inc. by 748.1% in the first quarter. GAMMA Investing LLC now owns 653 shares of the company's stock valued at $26,000 after purchasing an additional 576 shares during the period. Byrne Asset Management LLC raised its stake in shares of Sturm, Ruger & Company, Inc. by 115.1% during the 1st quarter. Byrne Asset Management LLC now owns 968 shares of the company's stock worth $38,000 after buying an additional 518 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Sturm, Ruger & Company, Inc. by 18,642.9% in the 1st quarter. Parallel Advisors LLC now owns 1,312 shares of the company's stock valued at $52,000 after buying an additional 1,305 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of Sturm, Ruger & Company, Inc. by 506.1% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,400 shares of the company's stock valued at $55,000 after buying an additional 1,169 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Sturm, Ruger & Company, Inc. by 159.5% in the first quarter. PNC Financial Services Group Inc. now owns 1,422 shares of the company's stock valued at $56,000 after buying an additional 874 shares in the last quarter. 64.00% of the stock is owned by hedge funds and other institutional investors.
About Sturm, Ruger & Company, Inc.
(
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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.
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