O Brien Greene & Co. Inc Acquires Shares of 14,000 Sturm, Ruger & Company, Inc. $RGR

O Brien Greene & Co. Inc acquired a new stake in Sturm, Ruger & Company, Inc. (NYSE:RGR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,000 shares of the company’s stock, valued at approximately $457,000.

A number of other institutional investors also recently bought and sold shares of the business. UBS Group AG increased its stake in Sturm, Ruger & Company, Inc. by 31.1% in the third quarter. UBS Group AG now owns 514,510 shares of the company’s stock valued at $22,366,000 after purchasing an additional 122,111 shares during the period. Wellington Management Group LLP boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 6.2% in the third quarter. Wellington Management Group LLP now owns 492,429 shares of the company’s stock valued at $21,406,000 after acquiring an additional 28,549 shares in the last quarter. Two Sigma Investments LP boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 118.7% in the third quarter. Two Sigma Investments LP now owns 198,936 shares of the company’s stock valued at $8,648,000 after acquiring an additional 107,977 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 67.9% in the second quarter. AQR Capital Management LLC now owns 169,287 shares of the company’s stock valued at $6,077,000 after acquiring an additional 68,453 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 3.7% in the second quarter. Invesco Ltd. now owns 160,619 shares of the company’s stock valued at $5,766,000 after acquiring an additional 5,747 shares in the last quarter. 64.00% of the stock is currently owned by institutional investors and hedge funds.

Sturm, Ruger & Company, Inc. Trading Down 0.9%

RGR stock opened at $39.50 on Friday. The company has a market cap of $629.55 million, a P/E ratio of -54.10 and a beta of 0.21. Sturm, Ruger & Company, Inc. has a 52 week low of $28.33 and a 52 week high of $48.21. The company’s 50-day moving average price is $40.52 and its 200 day moving average price is $37.18.

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

Sturm, Ruger & Company, Inc. Increases Dividend

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

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Zacks Research raised shares of Sturm, Ruger & Company, Inc. from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sturm, Ruger & Company, Inc. in a report on Friday, March 27th. Finally, Lake Street Capital reaffirmed a “buy” rating and issued a $46.00 target price on shares of Sturm, Ruger & Company, Inc. in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Sturm, Ruger & Company, Inc. presently has a consensus rating of “Hold” and an average price target of $46.00.

Insider Transactions at Sturm, Ruger & Company, Inc.

In related news, Director Phillip Widman acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were purchased at an average price of $38.00 per share, with a total value of $190,000.00. Following the completion of the acquisition, the director owned 45,208 shares in the company, valued at approximately $1,717,904. This represents a 12.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Bruce T. Pettet acquired 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average cost of $39.89 per share, for a total transaction of $39,890.00. Following the acquisition, the director owned 7,606 shares of the company’s stock, valued at $303,403.34. This represents a 15.14% increase in their position. The SEC filing for this purchase provides additional information. 4.60% of the stock is currently owned by insiders.

Sturm, Ruger & Company, Inc. Profile

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.