North Star Investment Management Corp. Raises Position in Superior Group of Companies, Inc. $SGC

North Star Investment Management Corp. lifted its position in shares of Superior Group of Companies, Inc. (NASDAQ:SGC) by 8.6% during the first quarter, HoldingsChannel reports. The fund owned 537,475 shares of the textile maker’s stock after acquiring an additional 42,500 shares during the quarter. North Star Investment Management Corp.’s holdings in Superior Group of Companies were worth $5,461,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of Superior Group of Companies by 20.5% in the second quarter. Bank of America Corp DE now owns 14,780 shares of the textile maker’s stock valued at $152,000 after buying an additional 2,511 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in Superior Group of Companies during the fourth quarter worth $121,000. Deutsche Bank AG purchased a new position in Superior Group of Companies in the fourth quarter worth $65,000. Russell Investments Group Ltd. raised its position in Superior Group of Companies by 23.2% in the fourth quarter. Russell Investments Group Ltd. now owns 5,252 shares of the textile maker’s stock worth $51,000 after acquiring an additional 989 shares in the last quarter. Finally, CWC Advisors LLC. lifted its holdings in Superior Group of Companies by 10.4% in the first quarter. CWC Advisors LLC. now owns 49,097 shares of the textile maker’s stock valued at $499,000 after acquiring an additional 4,608 shares during the period. 33.75% of the stock is owned by hedge funds and other institutional investors.

Superior Group of Companies Stock Performance

SGC opened at $12.75 on Monday. Superior Group of Companies, Inc. has a 1-year low of $8.30 and a 1-year high of $14.59. The stock has a market cap of $199.33 million, a P/E ratio of 22.37, a P/E/G ratio of 2.17 and a beta of 1.44. The stock’s 50 day simple moving average is $12.29 and its 200 day simple moving average is $10.88. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.73 and a quick ratio of 1.76.

Superior Group of Companies (NASDAQ:SGC) last issued its quarterly earnings data on Monday, May 4th. The textile maker reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. The firm had revenue of $140.88 million during the quarter, compared to analysts’ expectations of $138.21 million. Superior Group of Companies had a return on equity of 4.45% and a net margin of 1.51%.Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. As a group, equities analysts anticipate that Superior Group of Companies, Inc. will post 0.59 EPS for the current fiscal year.

Superior Group of Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, May 15th. Superior Group of Companies’s payout ratio is 98.25%.

Analyst Upgrades and Downgrades

Several brokerages have commented on SGC. Wall Street Zen upgraded shares of Superior Group of Companies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. DA Davidson increased their price target on shares of Superior Group of Companies from $14.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings upgraded shares of Superior Group of Companies from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 1st. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.50.

Superior Group of Companies Profile

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.