Richardson Electronics, Ltd. (NASDAQ:RELL – Free Report) – Equities researchers at Sidoti Csr lowered their Q3 2025 EPS estimates for shares of Richardson Electronics in a report issued on Thursday, January 9th. Sidoti Csr analyst A. Soderstrom now expects that the technology company will earn $0.10 per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.33 per share. Sidoti Csr also issued estimates for Richardson Electronics’ FY2025 earnings at $0.28 EPS.
Richardson Electronics (NASDAQ:RELL – Get Free Report) last issued its quarterly earnings results on Tuesday, January 7th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%.
Richardson Electronics Price Performance
Richardson Electronics Dividend Announcement
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. This represents a $0.24 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Friday, February 7th. Richardson Electronics’s dividend payout ratio (DPR) is currently -480.00%.
Insider Activity
In other Richardson Electronics news, Director James Benham acquired 4,500 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were acquired at an average cost of $13.29 per share, with a total value of $59,805.00. Following the acquisition, the director now directly owns 13,706 shares of the company’s stock, valued at approximately $182,152.74. The trade was a 48.88 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 32.84% of the company’s stock.
Institutional Trading of Richardson Electronics
Hedge funds have recently added to or reduced their stakes in the company. Royce & Associates LP lifted its holdings in Richardson Electronics by 8.7% during the third quarter. Royce & Associates LP now owns 1,128,591 shares of the technology company’s stock valued at $13,927,000 after purchasing an additional 90,164 shares in the last quarter. Geode Capital Management LLC raised its stake in Richardson Electronics by 5.3% during the third quarter. Geode Capital Management LLC now owns 290,605 shares of the technology company’s stock worth $3,586,000 after purchasing an additional 14,727 shares during the period. State Street Corp raised its stake in Richardson Electronics by 0.4% during the third quarter. State Street Corp now owns 225,563 shares of the technology company’s stock worth $2,783,000 after purchasing an additional 914 shares during the period. JPMorgan Chase & Co. raised its stake in Richardson Electronics by 300.0% during the third quarter. JPMorgan Chase & Co. now owns 152,082 shares of the technology company’s stock worth $1,877,000 after purchasing an additional 114,065 shares during the period. Finally, Parthenon LLC raised its stake in shares of Richardson Electronics by 6.5% in the 2nd quarter. Parthenon LLC now owns 134,316 shares of the technology company’s stock valued at $1,597,000 after acquiring an additional 8,247 shares during the period. 71.95% of the stock is owned by hedge funds and other institutional investors.
About Richardson Electronics
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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