Brandywine Global Investment Management LLC Purchases Shares of 104,890 Kimball Electronics, Inc. $KE

Brandywine Global Investment Management LLC acquired a new position in shares of Kimball Electronics, Inc. (NASDAQ:KE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 104,890 shares of the electronics maker’s stock, valued at approximately $2,017,000. Brandywine Global Investment Management LLC owned approximately 0.43% of Kimball Electronics as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of KE. Nuveen LLC bought a new stake in Kimball Electronics during the first quarter worth $4,036,000. CSM Advisors LLC bought a new position in Kimball Electronics during the 2nd quarter valued at $4,068,000. American Century Companies Inc. boosted its holdings in Kimball Electronics by 20.2% during the 1st quarter. American Century Companies Inc. now owns 588,861 shares of the electronics maker’s stock worth $9,687,000 after acquiring an additional 98,965 shares during the last quarter. Wedge Capital Management L L P NC bought a new stake in shares of Kimball Electronics in the 2nd quarter worth $1,796,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Kimball Electronics by 34.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 300,694 shares of the electronics maker’s stock worth $4,946,000 after acquiring an additional 77,272 shares in the last quarter. Institutional investors own 75.99% of the company’s stock.

Kimball Electronics Price Performance

NASDAQ KE opened at $27.76 on Tuesday. The company has a quick ratio of 1.34, a current ratio of 2.20 and a debt-to-equity ratio of 0.23. The company has a market cap of $675.62 million, a PE ratio of 41.43, a price-to-earnings-growth ratio of 1.26 and a beta of 1.26. Kimball Electronics, Inc. has a 52 week low of $12.41 and a 52 week high of $33.19. The firm’s 50-day simple moving average is $29.15 and its two-hundred day simple moving average is $24.15.

Kimball Electronics (NASDAQ:KE) last posted its quarterly earnings results on Wednesday, November 5th. The electronics maker reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.25. The company had revenue of $365.60 million for the quarter, compared to analyst estimates of $338.43 million. Kimball Electronics had a net margin of 1.14% and a return on equity of 5.11%. Kimball Electronics has set its FY 2026 guidance at EPS. Research analysts predict that Kimball Electronics, Inc. will post 0.89 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. B. Riley reissued a “buy” rating on shares of Kimball Electronics in a research report on Thursday, October 9th. Zacks Research upgraded Kimball Electronics from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 12th. Wall Street Zen raised Kimball Electronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Kimball Electronics in a research report on Tuesday, October 14th. Finally, Lake Street Capital restated a “buy” rating and issued a $32.00 price objective on shares of Kimball Electronics in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Kimball Electronics presently has a consensus rating of “Buy” and an average price target of $32.00.

Kimball Electronics Company Profile

Kimball Electronics, Inc engages in the provision of electronics manufacturing, engineering, and supply chain support services to customers in the automotive, medical, and industrial end markets. The Company also offers contract manufacturing services, including engineering and supply chain support for the production of electronic assemblies and other products, including non-electronic components, medical devices, medical disposables, and precision molded plastics, as well as automation, test, and inspection equipment primarily used in automotive, medical, and industrial applications.