Zacks Research upgraded shares of Strattec Security (NASDAQ:STRT – Free Report) from a hold rating to a strong-buy rating in a report issued on Monday,Zacks.com reports.
Separately, Weiss Ratings restated a “buy (b)” rating on shares of Strattec Security in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, Strattec Security presently has a consensus rating of “Strong Buy”.
View Our Latest Research Report on Strattec Security
Strattec Security Stock Performance
Strattec Security (NASDAQ:STRT – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The auto parts company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.78. The business had revenue of $137.53 million for the quarter, compared to analysts’ expectations of $132.29 million. Strattec Security had a net margin of 4.63% and a return on equity of 12.33%. As a group, sell-side analysts forecast that Strattec Security will post 3.67 EPS for the current year.
Insider Buying and Selling
In related news, VP Richard P. Messina sold 3,000 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $66.35, for a total transaction of $199,050.00. Following the transaction, the vice president directly owned 11,624 shares in the company, valued at $771,252.40. The trade was a 20.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.90% of the stock is owned by insiders.
Institutional Trading of Strattec Security
A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in 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 period. Goldman Sachs Group Inc. lifted its stake in 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 lifted its stake in Strattec Security by 3.3% in the 1st quarter. Empowered Funds LLC now owns 17,221 shares of the auto parts company’s stock valued at $680,000 after purchasing an additional 555 shares during the last quarter. Jane Street Group LLC boosted its position in Strattec Security by 61.1% during 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, Janney Montgomery Scott LLC acquired a new stake in shares of Strattec Security in the second quarter valued at about $666,000. Institutional investors own 68.91% of the company’s stock.
Trending Headlines about Strattec Security
Here are the key news stories impacting Strattec Security this week:
- Positive Sentiment: Zacks upgraded STRT from “hold” to “strong‑buy” and published two bullish pieces highlighting above‑average financial growth and a potentially sustainable short‑term price trend — positive catalyst for momentum and investor interest. Is Strattec Security (STRT) a Solid Growth Stock? 3 Reasons to Think “Yes”
- Positive Sentiment: Zacks also flagged STRT as a short‑term trading candidate after it passed a momentum/quality screen, which can attract active traders and add upward pressure to the shares. Strattec Security (STRT) is on the Move, Here’s Why the Trend Could be Sustainable
- Positive Sentiment: Sidoti Csr raised several earnings estimates, notably lifting FY2026 to $6.25 EPS (from $5.40) and FY2027 to $6.27 EPS, and increasing certain quarterly forecasts (e.g., Q4 2026 and Q4 2027), signaling an improved outlook that supports a higher valuation. MarketBeat Strattec Security coverage
- Neutral Sentiment: Sidoti’s mixed revisions show both raises and cuts across different quarters — the firm raised several near‑term and full‑year numbers but also trimmed some quarter‑by‑quarter estimates, indicating revised timing rather than a simple uniform upgrade. MarketBeat Strattec Security coverage
- Negative Sentiment: Sidoti cut specific quarterly forecasts: Q1 2027 was lowered from $2.04 to $1.58 EPS, and some Q3 estimates were trimmed — these pulls suggest potential near‑term volatility and show analysts are fine‑tuning timing of earnings strength. MarketBeat Strattec Security coverage
About Strattec Security
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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