RF Industries (NASDAQ:RFIL – Free Report) had its target price raised by B. Riley from $4.25 to $4.50 in a research note released on Tuesday morning, Benzinga reports. They currently have a buy rating on the electronics maker’s stock. B. Riley also issued estimates for RF Industries’ Q4 2024 earnings at $0.04 EPS and FY2025 earnings at $0.04 EPS.
Separately, StockNews.com started coverage on shares of RF Industries in a research note on Sunday, September 15th. They issued a hold rating on the stock.
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RF Industries Price Performance
Institutional Inflows and Outflows
A hedge fund recently raised its stake in RF Industries stock. Dimensional Fund Advisors LP grew its stake in RF Industries, Ltd. (NASDAQ:RFIL – Free Report) by 5.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 225,737 shares of the electronics maker’s stock after acquiring an additional 12,296 shares during the quarter. Dimensional Fund Advisors LP owned 2.15% of RF Industries worth $788,000 at the end of the most recent quarter. 23.49% of the stock is owned by hedge funds and other institutional investors.
About RF Industries
RF Industries, Ltd., together with its subsidiaries, designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, Mexico, and internationally. The company operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly.
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