Todd William Seyfert Acquires 1,500 Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) Stock

Sturm, Ruger & Company, Inc. (NYSE:RGR) CEO Todd William Seyfert acquired 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $39.15 per share, with a total value of $58,725.00. Following the completion of the transaction, the chief executive officer owned 1,500 shares of the company’s stock, valued at $58,725. The trade was a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Sturm, Ruger & Company, Inc. Trading Up 0.2%

Sturm, Ruger & Company, Inc. stock traded up $0.08 during midday trading on Thursday, hitting $39.41. 98,563 shares of the stock were exchanged, compared to its average volume of 131,787. Sturm, Ruger & Company, Inc. has a fifty-two week low of $28.33 and a fifty-two week high of $48.21. The stock has a market capitalization of $628.26 million, a price-to-earnings ratio of -53.99 and a beta of 0.21. The stock’s 50-day simple moving average is $40.64 and its 200 day simple moving average is $36.99.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.07). Sturm, Ruger & Company, Inc. had a positive return on equity of 5.96% and a negative net margin of 2.18%.The firm had revenue of $141.36 million for the quarter, compared to analyst estimates of $137.26 million. During the same quarter in the previous year, the business posted $0.46 earnings per share. Sturm, Ruger & Company, Inc.’s revenue for the quarter was up 4.1% on a year-over-year basis. Equities analysts anticipate that Sturm, Ruger & Company, Inc. will post 1.98 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 14th will be given a dividend of $0.11 per share. This is a boost from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.08. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, May 14th. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is -60.27%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RGR. Kestra Advisory Services LLC purchased a new position in Sturm, Ruger & Company, Inc. in the fourth quarter worth approximately $25,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Sturm, Ruger & Company, Inc. during the 4th quarter worth approximately $29,000. Group One Trading LLC purchased a new stake in Sturm, Ruger & Company, Inc. in the 1st quarter valued at $33,000. GAMMA Investing LLC raised its position in Sturm, Ruger & Company, Inc. by 158.2% in the 4th quarter. GAMMA Investing LLC now owns 1,216 shares of the company’s stock valued at $40,000 after purchasing an additional 745 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in Sturm, Ruger & Company, Inc. by 176.5% in the 3rd quarter. Parallel Advisors LLC now owns 1,128 shares of the company’s stock valued at $49,000 after purchasing an additional 720 shares during the last quarter. Hedge funds and other institutional investors own 64.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on RGR shares. Zacks Research upgraded shares of Sturm, Ruger & Company, Inc. from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sturm, Ruger & Company, Inc. in a research note on Friday, March 27th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $46.00 price target on shares of Sturm, Ruger & Company, Inc. in a research note on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $46.00.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Company, Inc, founded in 1949 by William B. Ruger and Alexander McCormick Sturm, is a leading American designer and manufacturer of firearms. Headquartered in Newport, New Hampshire, the company has established a reputation for precision engineering and durable products. Its manufacturing footprint includes facilities in Newport and Mayodan, North Carolina, where it maintains a vertically integrated production model spanning metallurgy, machining, and assembly.

The company’s product portfolio encompasses a broad range of small arms, including centerfire and rimfire rifles, shotguns, semi-automatic pistols, revolvers, and accessories.