Strattec Security (NASDAQ:STRT – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.
Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Strattec Security in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.
Strattec Security Stock Performance
Strattec Security (NASDAQ:STRT – Get Free Report) last released its earnings results on Thursday, February 5th. The auto parts company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.78. Strattec Security had a return on equity of 12.33% and a net margin of 4.63%.The company had revenue of $137.53 million for the quarter, compared to analysts’ expectations of $132.29 million. On average, sell-side analysts expect that Strattec Security will post 3.67 EPS for the current year.
Insider Buying and Selling
In other Strattec Security news, VP Richard P. Messina sold 3,000 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $66.35, for a total value of $199,050.00. Following the completion of the transaction, the vice president owned 11,624 shares in the company, valued at approximately $771,252.40. This represents a 20.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 3.90% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of STRT. Bank of America Corp DE grew its stake in shares of Strattec Security by 137.9% during 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 during the period. Goldman Sachs Group Inc. boosted its position in shares of Strattec Security by 41.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 22,548 shares of the auto parts company’s stock valued at $890,000 after acquiring an additional 6,624 shares during the last quarter. Empowered Funds LLC grew its stake 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 in the last quarter. Jane Street Group LLC grew its stake in shares of Strattec Security by 61.1% during the first quarter. Jane Street Group LLC now owns 15,869 shares of the auto parts company’s stock valued at $626,000 after buying an additional 6,019 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in Strattec Security in the second quarter worth $666,000. 68.91% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Strattec Security
Here are the key news stories impacting Strattec Security this week:
- Positive Sentiment: Zacks Research upgraded STRT from “hold” to “strong‑buy,” signaling increased broker confidence that can attract buying interest. Zacks Research
- Positive Sentiment: Sidoti raised its FY2026 earnings estimate to $6.25 from $5.40 — a sizeable lift to full‑year profitability expectations that supports a higher valuation. Sidoti / MarketBeat
- Positive Sentiment: Sidoti also increased its FY2027 EPS view to $6.27 (from $5.79), reinforcing the firm’s view of multi‑year earnings strength. Sidoti / MarketBeat
- Positive Sentiment: Sidoti sharply raised its Q4 2027 estimate to $1.72 from $0.98, and boosted Q4 2026 to $1.18 from $0.78 — indicating expected stronger back‑half performance. Sidoti / MarketBeat
- Positive Sentiment: Sidoti lifted Q2 2027 EPS to $1.19 (from $0.95), another near‑term upgrade supporting the upbeat earnings trajectory. Sidoti / MarketBeat
- Neutral Sentiment: Sidoti made a small downward tweak to Q3 2027 (from $1.82 to $1.77), a minor change that is unlikely to materially alter the longer‑term outlook. Sidoti / MarketBeat
- Negative Sentiment: Sidoti cut its Q1 2027 estimate to $1.58 from $2.04 — a meaningful near‑term downgrade that could pressure sentiment if early‑year results miss. Sidoti / MarketBeat
- Negative Sentiment: Sidoti reduced its Q3 2026 forecast to $1.14 from $1.47, another near‑term cut that offsets some of the positive revisions. Sidoti / MarketBeat
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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