Smith & Wesson Brands, Inc. (NASDAQ:SWBI – Get Free Report) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 2,778 call options on the stock. This represents an increase of approximately 298% compared to the typical daily volume of 698 call options.
Hedge Funds Weigh In On Smith & Wesson Brands
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Millennium Management LLC bought a new stake in shares of Smith & Wesson Brands in the 3rd quarter valued at approximately $7,558,000. Two Sigma Investments LP increased its holdings in Smith & Wesson Brands by 166.1% in the 3rd quarter. Two Sigma Investments LP now owns 753,964 shares of the company’s stock worth $7,411,000 after acquiring an additional 470,602 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Smith & Wesson Brands by 25.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,311,503 shares of the company’s stock worth $12,945,000 after acquiring an additional 265,370 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Smith & Wesson Brands by 41.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 712,708 shares of the company’s stock worth $6,642,000 after acquiring an additional 208,739 shares during the last quarter. Finally, Trexquant Investment LP grew its stake in Smith & Wesson Brands by 159.3% during the 4th quarter. Trexquant Investment LP now owns 318,026 shares of the company’s stock worth $3,139,000 after purchasing an additional 195,390 shares in the last quarter. 59.33% of the stock is currently owned by hedge funds and other institutional investors.
Smith & Wesson Brands Price Performance
SWBI stock traded up $2.42 during trading on Thursday, hitting $16.15. The company had a trading volume of 1,872,934 shares, compared to its average volume of 583,704. Smith & Wesson Brands has a fifty-two week low of $7.73 and a fifty-two week high of $17.56. The company has a current ratio of 4.50, a quick ratio of 1.48 and a debt-to-equity ratio of 0.29. The company has a fifty day moving average price of $14.91 and a two-hundred day moving average price of $12.82. The company has a market cap of $718.29 million, a P/E ratio of 71.73 and a beta of 0.90.
Smith & Wesson Brands Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $0.52 annualized dividend and a yield of 3.2%. Smith & Wesson Brands’s dividend payout ratio is presently 226.09%.
Analysts Set New Price Targets
A number of research firms recently commented on SWBI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Smith & Wesson Brands in a research note on Friday, March 27th. Lake Street Capital lifted their price target on shares of Smith & Wesson Brands from $14.00 to $16.50 and gave the company a “buy” rating in a research note on Thursday. Finally, Wall Street Zen raised shares of Smith & Wesson Brands from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 8th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $16.50.
Read Our Latest Stock Report on Smith & Wesson Brands
Key Headlines Impacting Smith & Wesson Brands
Here are the key news stories impacting Smith & Wesson Brands this week:
- Positive Sentiment: Lake Street Capital raised its price target on Smith & Wesson Brands to $16.50 from $14.00 and reiterated a buy rating, implying additional upside from the current share price. Benzinga article
- Positive Sentiment: Smith & Wesson reported fiscal Q4 EPS of $0.36 versus $0.23 expected, and revenue of $178.4 million versus $155.3 million expected, driven by stronger handgun sales and improving profitability. Earnings report
- Positive Sentiment: The company declared a quarterly dividend of $0.13 per share, signaling ongoing cash generation and returning capital to shareholders. Seeking Alpha article
- Positive Sentiment: Management said it expects fiscal 2027 revenue to grow in the mid-single digits and plans about $20 million in incremental Springfield capex, which suggests confidence in future demand and capacity expansion. MSN article
- Neutral Sentiment: Investors also have the Q4 2026 earnings call transcript and press release to review for more detail on margins, demand trends, and management’s outlook. Newsfile release
- Negative Sentiment: A prior downgrade note had argued the stock’s recent run-up left less near-term upside and pointed to longer-term industry softness, including declining background checks and weaker long-gun demand. Seeking Alpha article
About Smith & Wesson Brands
Smith & Wesson Brands, Inc is a leading American manufacturer of firearms and related products, designing, producing and marketing a broad array of handguns, long guns and shooting accessories. The company’s portfolio includes revolvers, semi-automatic pistols and rifles under well-known brands such as M&P® (Military & Police) and Performance Center®, which are used by military, law enforcement, commercial and private customers. In addition to complete firearms, Smith & Wesson offers suppressors, optics mounts, holsters and other shooting accessories to support a full spectrum of professional and recreational shooting activities.
Founded in 1852 by Horace Smith and Daniel B.
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