
Strattec Security Corporation (NASDAQ:STRT – Free Report) – Analysts at Sidoti decreased their Q1 2027 earnings per share (EPS) estimates for shares of Strattec Security in a research report issued on Monday, May 11th. Sidoti analyst J. Franzreb now forecasts that the auto parts company will earn $1.31 per share for the quarter, down from their prior estimate of $1.58. The consensus estimate for Strattec Security’s current full-year earnings is $6.12 per share. Sidoti also issued estimates for Strattec Security’s Q3 2027 earnings at $1.02 EPS and FY2027 earnings at $4.85 EPS.
STRT has been the topic of a number of other research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Strattec Security in a report on Friday, March 27th. Wall Street Zen cut Strattec Security from a “strong-buy” rating to a “buy” rating in a report on Saturday. Zacks Research cut Strattec Security from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Finally, Freedom Capital upgraded Strattec Security from a “hold” rating to a “strong-buy” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Strattec Security Stock Performance
Shares of NASDAQ:STRT opened at $62.76 on Wednesday. The business’s fifty day moving average price is $77.32 and its two-hundred day moving average price is $77.79. The stock has a market cap of $262.34 million, a PE ratio of 10.36, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17. Strattec Security has a one year low of $42.46 and a one year high of $92.50.
Strattec Security (NASDAQ:STRT – Get Free Report) last announced its earnings results on Thursday, May 7th. The auto parts company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.24). The company had revenue of $137.63 million for the quarter, compared to analyst estimates of $140.35 million. Strattec Security had a net margin of 4.31% and a return on equity of 11.00%.
Institutional Investors Weigh In On Strattec Security
Several hedge funds have recently made changes to their positions in STRT. Bank of America Corp DE boosted its holdings in shares of Strattec Security by 137.9% during the fourth quarter. Bank of America Corp DE now owns 2,208 shares of the auto parts company’s stock worth $91,000 after purchasing an additional 1,280 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings 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 during the last quarter. Empowered Funds LLC raised its position in shares of Strattec Security by 3.3% in the 1st quarter. Empowered Funds LLC now owns 17,221 shares of the auto parts company’s stock worth $680,000 after buying an additional 555 shares during the period. Jane Street Group LLC raised its position in shares of Strattec Security by 61.1% in the 1st quarter. Jane Street Group LLC now owns 15,869 shares of the auto parts company’s stock worth $626,000 after buying an additional 6,019 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Strattec Security by 110.2% in the 2nd quarter. Geode Capital Management LLC now owns 90,389 shares of the auto parts company’s stock worth $5,624,000 after buying an additional 47,389 shares during the period. Institutional investors and hedge funds own 68.91% of the company’s stock.
Strattec Security News Roundup
Here are the key news stories impacting Strattec Security this week:
- Positive Sentiment: Freedom Capital upgraded Strattec Security from “hold” to “strong-buy,” which can support the stock by signaling improved confidence in the company’s outlook. Freedom Broker upgrades Strattec Security (STRT)
- Positive Sentiment: The company also announced a $2 million investment in its Glendale plant, suggesting continued commitment to manufacturing capacity and operations. Manufacturer invests $2M in Glendale plant as office search continues
- Neutral Sentiment: Sidoti published updated earnings estimates across several future periods, including a slight boost to Q4 2026 EPS, but those longer-dated projections were mixed overall and mostly reflect changing expectations rather than a major new catalyst.
- Negative Sentiment: Strattec Security’s Q3 results missed estimates, with lower OEM volume, foreign exchange drag, and tariff-related pressure outweighing restructuring benefits and strong cash generation. STRT Q3 Earnings Miss Estimates on Lower Volume and Forex Drag
- Negative Sentiment: Several analyst revisions were cut, including lower FY2026, Q2 2027, and Q4 2027 earnings estimates, reinforcing concerns that near-term profitability may be softer than previously expected.
Strattec Security Company Profile
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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