Sturm, Ruger & Company, Inc. (NYSE:RGR) Shares Purchased by Juncture Wealth Strategies LLC

Juncture Wealth Strategies LLC boosted its holdings in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) by 8.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,500 shares of the company’s stock after buying an additional 600 shares during the quarter. Juncture Wealth Strategies LLC’s holdings in Sturm, Ruger & Company, Inc. were worth $397,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of Sturm, Ruger & Company, Inc. by 1.4% in the third quarter. BlackRock Inc. now owns 2,898,719 shares of the company’s stock worth $147,227,000 after buying an additional 39,511 shares during the last quarter. Vanguard Group Inc. boosted its position in Sturm, Ruger & Company, Inc. by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 1,942,203 shares of the company’s stock worth $98,644,000 after purchasing an additional 39,325 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Sturm, Ruger & Company, Inc. by 1.0% during the 1st quarter. Renaissance Technologies LLC now owns 1,040,776 shares of the company’s stock worth $72,459,000 after purchasing an additional 10,201 shares during the period. State Street Corp increased its holdings in shares of Sturm, Ruger & Company, Inc. by 3.2% during the 1st quarter. State Street Corp now owns 607,769 shares of the company’s stock valued at $34,910,000 after purchasing an additional 18,791 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Sturm, Ruger & Company, Inc. by 10.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 525,523 shares of the company’s stock valued at $26,602,000 after purchasing an additional 48,888 shares during the period. 64.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on RGR shares. Aegis reaffirmed a “hold” rating on shares of Sturm, Ruger & Company, Inc. in a report on Tuesday, September 12th. StockNews.com raised Sturm, Ruger & Company, Inc. from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 7th.

Sturm, Ruger & Company, Inc. Stock Up 2.6 %

Shares of NYSE RGR opened at $51.52 on Tuesday. The firm has a market cap of $912.93 million, a price-to-earnings ratio of 13.52 and a beta of 0.49. The company’s 50-day simple moving average is $52.68 and its 200-day simple moving average is $53.97. Sturm, Ruger & Company, Inc. has a 52-week low of $49.45 and a 52-week high of $63.21.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. Sturm, Ruger & Company, Inc. had a return on equity of 19.81% and a net margin of 11.69%. The company had revenue of $142.80 million for the quarter, compared to analysts’ expectations of $137.91 million. During the same period in the previous year, the firm posted $1.17 EPS. Sturm, Ruger & Company, Inc.’s revenue was up 1.5% compared to the same quarter last year. Equities research analysts anticipate that Sturm, Ruger & Company, Inc. will post 3.66 EPS for the current fiscal year.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Tuesday, August 15th were issued a $0.36 dividend. The ex-dividend date was Monday, August 14th. This represents a $1.44 dividend on an annualized basis and a yield of 2.80%. This is a positive change from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.32. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is presently 37.80%.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates through two segments, Firearms and Castings. The company provides single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.