Granahan Investment Management Inc. MA grew its stake in Lawson Products, Inc. (NASDAQ:LAWS) by 9.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 234,153 shares of the industrial products company’s stock after purchasing an additional 19,509 shares during the quarter. Granahan Investment Management Inc. MA owned about 2.63% of Lawson Products worth $5,901,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of LAWS. King Luther Capital Management Corp increased its position in shares of Lawson Products by 0.7% in the 2nd quarter. King Luther Capital Management Corp now owns 2,225,414 shares of the industrial products company’s stock valued at $49,293,000 after buying an additional 14,710 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Lawson Products by 0.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 610,321 shares of the industrial products company’s stock worth $13,702,000 after purchasing an additional 1,892 shares in the last quarter. Teton Advisors Inc. increased its holdings in Lawson Products by 0.8% during the 2nd quarter. Teton Advisors Inc. now owns 266,714 shares of the industrial products company’s stock worth $5,908,000 after purchasing an additional 2,000 shares in the last quarter. Gamco Investors INC. ET AL increased its holdings in Lawson Products by 2.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 217,800 shares of the industrial products company’s stock worth $4,824,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Lord Abbett & CO. LLC increased its holdings in Lawson Products by 22.2% during the 2nd quarter. Lord Abbett & CO. LLC now owns 187,158 shares of the industrial products company’s stock worth $4,146,000 after purchasing an additional 33,986 shares in the last quarter. 64.57% of the stock is currently owned by institutional investors.

A number of research firms have issued reports on LAWS. Zacks Investment Research cut Lawson Products from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. KeyCorp reiterated a “hold” rating on shares of Lawson Products in a report on Sunday, September 17th. TheStreet upgraded Lawson Products from a “c+” rating to a “b” rating in a report on Thursday, October 5th. Finally, Barrington Research reiterated an “outperform” rating and set a $30.00 target price (up previously from $27.00) on shares of Lawson Products in a report on Thursday, November 2nd. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $28.50.

Lawson Products, Inc. (LAWS) opened at $24.35 on Tuesday. The firm has a market capitalization of $223.53, a PE ratio of 279.44, a PEG ratio of 3.29 and a beta of 1.60. The company has a quick ratio of 1.41, a current ratio of 2.42 and a debt-to-equity ratio of 0.09. Lawson Products, Inc. has a 1-year low of $18.70 and a 1-year high of $28.10.

Lawson Products (NASDAQ:LAWS) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.06). The company had revenue of $75.65 million during the quarter, compared to the consensus estimate of $74.16 million. Lawson Products had a net margin of 1.64% and a return on equity of 1.72%. sell-side analysts expect that Lawson Products, Inc. will post 0.51 earnings per share for the current fiscal year.

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Lawson Products Profile

Lawson Products, Inc is a distributor of products and services the industrial, commercial, institutional and government maintenance, repair and operations (MRO) market. The Company’s product categories include fastening systems, fluid power, specialty chemicals, cutting tools and abrasives, electrical, aftermarket automotive supplies, safety, welding and metal repair, and other.

Institutional Ownership by Quarter for Lawson Products (NASDAQ:LAWS)

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