Northland Capmk lowered shares of Richardson Electronics (NASDAQ:RELL – Free Report) from a strong-buy rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports. Northland Capmk also issued estimates for Richardson Electronics’ Q3 2025 earnings at $0.11 EPS, Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.27 EPS and FY2026 earnings at $0.73 EPS.
Separately, Northland Securities reiterated a “market perform” rating on shares of Richardson Electronics in a research report on Monday.
View Our Latest Stock Analysis on RELL
Richardson Electronics Price Performance
Richardson Electronics (NASDAQ:RELL – Get Free Report) last announced its earnings results on Tuesday, January 7th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.03). Richardson Electronics had a negative net margin of 0.40% and a negative return on equity of 0.24%. As a group, research analysts anticipate that Richardson Electronics will post 0.33 earnings per share for the current year.
Richardson Electronics Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Friday, February 7th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.80%. Richardson Electronics’s payout ratio is 800.00%.
Institutional Investors Weigh In On Richardson Electronics
A number of hedge funds have recently made changes to their positions in RELL. XTX Topco Ltd bought a new stake in shares of Richardson Electronics in the 3rd quarter worth approximately $134,000. Victory Capital Management Inc. lifted its holdings in shares of Richardson Electronics by 32.1% in the 2nd quarter. Victory Capital Management Inc. now owns 11,636 shares of the technology company’s stock worth $138,000 after acquiring an additional 2,830 shares during the last quarter. Insight Wealth Strategies LLC bought a new stake in shares of Richardson Electronics in the 4th quarter worth approximately $140,000. Ritholtz Wealth Management purchased a new position in shares of Richardson Electronics in the fourth quarter worth $172,000. Finally, Jane Street Group LLC increased its stake in shares of Richardson Electronics by 8.2% in the third quarter. Jane Street Group LLC now owns 15,545 shares of the technology company’s stock worth $192,000 after buying an additional 1,182 shares during the period. 71.95% of the stock is currently owned by institutional investors.
Richardson Electronics Company Profile
Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.
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