Shares of Sturm, Ruger & Company, Inc. (NYSE:RGR) have been assigned an average recommendation of “Hold” from the seven analysts that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $64.50.

A number of research firms have recently commented on RGR. Aegis reissued a “buy” rating and issued a $67.00 target price on shares of Sturm, Ruger & in a research note on Monday, August 21st. BidaskClub downgraded Sturm, Ruger & from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. TheStreet downgraded Sturm, Ruger & from a “b-” rating to a “c” rating in a report on Thursday, August 24th. Finally, Zacks Investment Research upgraded Sturm, Ruger & from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 19th.

Sturm, Ruger & (RGR) opened at $50.80 on Friday. The firm has a market cap of $874.91 million and a P/E ratio of 14.68.

Sturm, Ruger & (NYSE:RGR) last posted its earnings results on Tuesday, October 31st. The company reported $0.53 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by ($0.07). Sturm, Ruger & had a net margin of 11.07% and a return on equity of 26.62%. The business had revenue of $104.80 million for the quarter, compared to analysts’ expectations of $126.20 million. During the same period last year, the firm posted $1.21 earnings per share. Sturm, Ruger &’s quarterly revenue was down 35.1% on a year-over-year basis. sell-side analysts forecast that Sturm, Ruger & will post 3.12 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Tuesday, November 14th. Sturm, Ruger &’s dividend payout ratio (DPR) is presently 26.90%.

Several large investors have recently made changes to their positions in RGR. Flinton Capital Management LLC lifted its position in Sturm, Ruger & by 77.8% during the 2nd quarter. Flinton Capital Management LLC now owns 1,792 shares of the company’s stock worth $111,000 after acquiring an additional 784 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Sturm, Ruger & by 10.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,840 shares of the company’s stock valued at $114,000 after buying an additional 177 shares during the period. Dubuque Bank & Trust Co. acquired a new position in shares of Sturm, Ruger & in the 2nd quarter valued at about $128,000. PNC Financial Services Group Inc. raised its holdings in Sturm, Ruger & by 27.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,885 shares of the company’s stock worth $155,000 after purchasing an additional 624 shares during the period. Finally, Atria Investments LLC acquired a new position in Sturm, Ruger & in the 2nd quarter worth about $209,000. Institutional investors and hedge funds own 82.05% of the company’s stock.

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About Sturm, Ruger &

Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers. The Company operates through two segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a range of federally licensed, independent wholesale distributors primarily located in the United States.

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