Sidoti Csr Predicts Reduced Earnings for Strattec Security

Strattec Security Corporation (NASDAQ:STRTFree Report) – Investment analysts at Sidoti Csr reduced their Q3 2026 earnings estimates for shares of Strattec Security in a research report issued to clients and investors on Monday, February 9th. Sidoti Csr analyst J. Franzreb now expects that the auto parts company will post earnings of $1.14 per share for the quarter, down from their previous estimate of $1.47. The consensus estimate for Strattec Security’s current full-year earnings is $3.67 per share. Sidoti Csr also issued estimates for Strattec Security’s Q4 2026 earnings at $1.18 EPS, FY2026 earnings at $6.25 EPS, Q1 2027 earnings at $1.58 EPS, Q2 2027 earnings at $1.19 EPS and Q4 2027 earnings at $1.72 EPS.

Strattec Security (NASDAQ:STRTGet Free Report) last released its quarterly earnings data on Thursday, February 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.78. The firm had revenue of $137.53 million during the quarter, compared to analysts’ expectations of $132.29 million. Strattec Security had a net margin of 4.63% and a return on equity of 12.33%.

Other research analysts have also issued reports about the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Strattec Security in a research report on Monday, December 29th. Zacks Research raised Strattec Security from a “hold” rating to a “strong-buy” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Strong Buy”.

Read Our Latest Report on Strattec Security

Strattec Security Price Performance

Shares of NASDAQ STRT opened at $85.96 on Wednesday. The company has a market capitalization of $359.31 million, a P/E ratio of 13.02, a P/E/G ratio of 1.67 and a beta of 1.19. The company has a 50 day simple moving average of $80.46 and a 200-day simple moving average of $72.52. Strattec Security has a 1 year low of $31.57 and a 1 year high of $92.50.

Hedge Funds Weigh In On Strattec Security

Several hedge funds have recently bought and sold shares of STRT. Bank of America Corp DE grew its position in Strattec Security by 137.9% in the 4th quarter. Bank of America Corp DE now owns 2,208 shares of the auto parts company’s stock valued at $91,000 after acquiring an additional 1,280 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Strattec Security by 41.6% during the first quarter. Goldman Sachs Group Inc. now owns 22,548 shares of the auto parts company’s stock worth $890,000 after purchasing an additional 6,624 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Strattec Security by 3.3% in the first quarter. Empowered Funds LLC now owns 17,221 shares of the auto parts company’s stock valued at $680,000 after purchasing an additional 555 shares during the period. Jane Street Group LLC boosted its stake in shares of Strattec Security by 61.1% in the first quarter. Jane Street Group LLC now owns 15,869 shares of the auto parts company’s stock valued at $626,000 after purchasing an additional 6,019 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Strattec Security in the second quarter valued at approximately $666,000. Institutional investors and hedge funds own 68.91% of the company’s stock.

Insider Buying and Selling

In other news, VP Richard P. Messina sold 3,000 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $66.35, for a total transaction of $199,050.00. Following the completion of the transaction, the vice president directly owned 11,624 shares in the company, valued at $771,252.40. This trade represents a 20.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.90% of the stock is owned by company insiders.

About Strattec Security

(Get Free Report)

Strattec Security Corporation is a Wisconsin‐based designer and manufacturer of mechanical and electronic locking systems for the global automotive market. Established more than five decades ago, the company supplies original equipment manufacturers (OEMs) and the aftermarket with a broad portfolio of lock and key solutions tailored to passenger cars, light trucks and commercial vehicles.

The company’s product range includes mechanical locking systems such as door lock cylinders, ignition lock modules, key blanks and door handles, as well as electromechanical and keyless‐entry systems.

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Earnings History and Estimates for Strattec Security (NASDAQ:STRT)

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