Luxfer (NYSE:LXFR) Announces Earnings Results, Beats Expectations By $0.04 EPS

Key Points

• Luxfer reported $0.27 EPS for the quarter, exceeding analysts' expectations of $0.23 by $0.04.
• The company announced a quarterly dividend of $0.13, providing a 4.21% yield to shareholders.
• An institutional investor, Jane Street Group LLC, increased its stake in Luxfer by 115% during the first quarter, reflecting a growing institutional interest in the company.

Luxfer (NYSE:LXFR - Get Free Report) announced its quarterly earnings data on Tuesday. The industrial products company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.04, Zacks reports. Luxfer had a return on equity of 11.56% and a net margin of 5.31%. Luxfer updated its FY 2025 guidance to 0.970-1.050 EPS.

Luxfer Stock Performance

Shares of NYSE:LXFR traded up $0.17 during midday trading on Tuesday, reaching $12.34. 179,697 shares of the company's stock traded hands, compared to its average volume of 127,782. The company has a market cap of $336.14 million, a price-to-earnings ratio of 15.82, a P/E/G ratio of 1.67 and a beta of 1.10. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.03 and a current ratio of 2.02. Luxfer has a one year low of $9.41 and a one year high of $15.64. The stock has a 50 day moving average of $11.90 and a 200 day moving average of $12.09.

Luxfer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Shareholders of record on Friday, July 18th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 4.21%. The ex-dividend date of this dividend is Friday, July 18th. Luxfer's dividend payout ratio (DPR) is 66.67%.

Insider Activity

In related news, Director Lisa G. Trimberger sold 4,108 shares of the stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.02, for a total transaction of $41,162.16. Following the completion of the sale, the director owned 15,858 shares in the company, valued at approximately $158,897.16. This trade represents a 20.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Patrick K. Mullen sold 5,463 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $10.02, for a total value of $54,739.26. Following the transaction, the director directly owned 35,617 shares of the company's stock, valued at approximately $356,882.34. The trade was a 13.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 38,987 shares of company stock valued at $418,168. Corporate insiders own 1.17% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Luxfer stock. Jane Street Group LLC increased its stake in Luxfer Holdings PLC (NYSE:LXFR - Free Report) by 115.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,689 shares of the industrial products company's stock after acquiring an additional 24,969 shares during the period. Jane Street Group LLC owned approximately 0.17% of Luxfer worth $554,000 at the end of the most recent reporting period. 90.82% of the stock is currently owned by institutional investors and hedge funds.

Luxfer Company Profile

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.

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