Bk Technologies (NYSEAMERICAN:BKTI – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.47, FiscalAI reports. Bk Technologies had a net margin of 15.71% and a return on equity of 40.39%. The firm had revenue of $21.51 million for the quarter, compared to analyst estimates of $19.50 million. Bk Technologies updated its FY 2026 guidance to 3.550-3.550 EPS.
Bk Technologies Stock Performance
Bk Technologies stock opened at $72.60 on Thursday. The company’s 50 day simple moving average is $82.25 and its 200-day simple moving average is $75.63. Bk Technologies has a 1 year low of $28.01 and a 1 year high of $89.50. The company has a market capitalization of $270.80 million, a price-to-earnings ratio of 24.47 and a beta of 0.45.
Institutional Trading of Bk Technologies
Several institutional investors have recently added to or reduced their stakes in BKTI. Bank of America Corp DE lifted its stake in Bk Technologies by 3,882.6% during the fourth quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after purchasing an additional 893 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Bk Technologies in the first quarter valued at $225,000. Jane Street Group LLC purchased a new stake in shares of Bk Technologies in the 1st quarter valued at $367,000. Geode Capital Management LLC raised its holdings in shares of Bk Technologies by 107.8% in the 2nd quarter. Geode Capital Management LLC now owns 63,301 shares of the company’s stock valued at $2,984,000 after buying an additional 32,844 shares during the period. Finally, American Century Companies Inc. lifted its stake in Bk Technologies by 167.6% during the 2nd quarter. American Century Companies Inc. now owns 34,166 shares of the company’s stock worth $1,610,000 after acquiring an additional 21,397 shares in the last quarter. Institutional investors and hedge funds own 55.05% of the company’s stock.
Bk Technologies Company Profile
BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company’s product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.
BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.
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