Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) CEO Christopher John Killoy sold 554 shares of the business's stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $47.00, for a total value of $26,038.00. Following the completion of the sale, the chief executive officer now owns 49,145 shares of the company's stock, valued at $2,309,815. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Christopher John Killoy also recently made the following trade(s):
- On Friday, April 5th, Christopher John Killoy sold 3,170 shares of Sturm, Ruger & Company, Inc. stock. The stock was sold at an average price of $47.00, for a total value of $148,990.00.
- On Friday, March 8th, Christopher John Killoy sold 3,664 shares of Sturm, Ruger & Company, Inc. stock. The stock was sold at an average price of $45.03, for a total value of $164,989.92.
Sturm, Ruger & Company, Inc. Stock Down 0.9 %
Shares of NYSE RGR opened at $47.19 on Wednesday. The business's 50 day moving average is $44.60 and its two-hundred day moving average is $46.30. The company has a market cap of $833.38 million, a P/E ratio of 17.35 and a beta of 0.32. Sturm, Ruger & Company, Inc. has a 12 month low of $42.00 and a 12 month high of $59.47.
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Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.09). The business had revenue of $130.60 million during the quarter, compared to the consensus estimate of $133.75 million. Sturm, Ruger & Company, Inc. had a return on equity of 14.59% and a net margin of 8.87%. The business's quarterly revenue was down 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 earnings per share. Sell-side analysts expect that Sturm, Ruger & Company, Inc. will post 3.87 earnings per share for the current fiscal year.
Sturm, Ruger & Company, Inc. Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.95%. This is a positive change from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.17. The ex-dividend date was Thursday, March 14th. Sturm, Ruger & Company, Inc.'s dividend payout ratio is presently 33.82%.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Point72 Hong Kong Ltd acquired a new position in shares of Sturm, Ruger & Company, Inc. in the second quarter valued at $26,000. International Assets Investment Management LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. in the third quarter valued at $39,000. Geneos Wealth Management Inc. raised its stake in shares of Sturm, Ruger & Company, Inc. by 44.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,139 shares of the company's stock valued at $79,000 after purchasing an additional 352 shares in the last quarter. Morgan Dempsey Capital Management LLC raised its stake in shares of Sturm, Ruger & Company, Inc. by 23.0% in the first quarter. Morgan Dempsey Capital Management LLC now owns 1,341 shares of the company's stock valued at $93,000 after purchasing an additional 251 shares in the last quarter. Finally, CWM LLC raised its stake in shares of Sturm, Ruger & Company, Inc. by 187.0% in the first quarter. CWM LLC now owns 1,346 shares of the company's stock valued at $62,000 after purchasing an additional 877 shares in the last quarter. 64.00% of the stock is currently owned by institutional investors and hedge funds.
About Sturm, Ruger & Company, Inc.
(
Get Free Report)
Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern 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.
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