Richardson Electronics (NASDAQ:RELL) Upgraded at Northland Securities

Posted by Brian Himes on Jul 31st, 2026

Northland Securities upgraded shares of Richardson Electronics (NASDAQ:RELL – Free Report) from a market perform rating to an outperform rating in a research note issued to investors on Tuesday, MarketBeat Ratings reports. Northland Securities currently has $24.00 price target on the technology company’s stock, up from their previous price target of $14.00. Northland Securities also issued estimates for Richardson Electronics’ Q1 2027 earnings at $0.09 EPS, Q2 2027 earnings at $0.11 EPS, Q3 2027 earnings at $0.15 EPS, Q4 2027 earnings at $0.27 EPS, FY2027 earnings at $0.62 EPS, Q1 2028 earnings at $0.16 EPS, Q2 2028 earnings at $0.19 EPS, Q3 2028 earnings at $0.22 EPS, Q4 2028 earnings at $0.30 EPS and FY2028 earnings at $0.87 EPS.

A number of other research firms also recently weighed in on RELL. Zacks Research raised shares of Richardson Electronics from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Richardson Electronics in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $24.00.

Read Our Latest Stock Analysis on RELL

Richardson Electronics Stock Up 8.6%

NASDAQ RELL opened at $18.13 on Tuesday. The firm has a market capitalization of $263.97 million, a PE ratio of 41.21, a P/E/G ratio of 1.32 and a beta of 1.26. The stock’s 50 day moving average is $17.51 and its 200 day moving average is $14.40. Richardson Electronics has a twelve month low of $9.37 and a twelve month high of $23.15.

Richardson Electronics (NASDAQ:RELL – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.14. The business had revenue of $66.20 million during the quarter, compared to the consensus estimate of $55.37 million. Richardson Electronics had a return on equity of 3.57% and a net margin of 2.79%. On average, research analysts anticipate that Richardson Electronics will post 0.5 earnings per share for the current year.

Richardson Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Friday, August 7th will be paid a $0.06 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.24 annualized dividend and a dividend yield of 1.3%. Richardson Electronics’s dividend payout ratio is presently 54.55%.

Insider Activity at Richardson Electronics

In other Richardson Electronics news, EVP Jens Frank Ruppert sold 37,500 shares of Richardson Electronics stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $19.01, for a total transaction of $712,875.00. Following the completion of the transaction, the executive vice president owned 2,000 shares in the company, valued at approximately $38,020. The trade was a 94.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathleen Mcnally sold 6,636 shares of Richardson Electronics stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $16.85, for a total value of $111,816.60. Following the transaction, the executive vice president owned 45,719 shares of the company’s stock, valued at $770,365.15. The trade was a 12.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 78,636 shares of company stock worth $1,441,362 over the last quarter. 33.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Richardson Electronics

Several large investors have recently modified their holdings of RELL. Annis Gardner Whiting Capital Advisors LLC bought a new position in Richardson Electronics in the 1st quarter worth about $1,095,000. First Wilshire Securities Management Inc. increased its stake in Richardson Electronics by 13.9% during the 1st quarter. First Wilshire Securities Management Inc. now owns 671,998 shares of the technology company’s stock valued at $7,358,000 after purchasing an additional 82,054 shares in the last quarter. Nano Cap New Millennium Growth Fund L P bought a new stake in Richardson Electronics during the 4th quarter valued at about $462,000. Ritholtz Wealth Management raised its holdings in Richardson Electronics by 30.9% in the fourth quarter. Ritholtz Wealth Management now owns 19,278 shares of the technology company’s stock worth $210,000 after buying an additional 4,554 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Richardson Electronics by 7.6% in the first quarter. Empowered Funds LLC now owns 20,596 shares of the technology company’s stock worth $226,000 after buying an additional 1,454 shares in the last quarter. Hedge funds and other institutional investors own 71.95% of the company’s stock.

Trending Headlines about Richardson Electronics

Here are the key news stories impacting Richardson Electronics this week:

Positive Sentiment: Northland Securities upgraded its rating on Richardson Electronics and maintained a $24 price target, implying additional upside from recent trading levels. The firm also raised its FY2027 EPS forecast to $0.62 from $0.39 and increased its Q4 2027 estimate to $0.27 from $0.07. Richardson Electronics Stock Rating Upgraded by Northland Securities
Positive Sentiment: Northland’s longer-term projections also point to improving profitability, with estimates of $0.87 EPS for FY2028 and quarterly EPS forecasts ranging from $0.16 to $0.30. The revisions reinforce expectations for earnings growth following Richardson Electronics’ latest quarterly results, which exceeded both revenue and EPS estimates.
Neutral Sentiment: Director Paul J. Plante sold 17,000 shares for approximately $319,770 at an average price of $18.81, reducing his ownership by 54.51%. Insider selling can reflect personal financial planning rather than a change in the company’s outlook. SEC insider ownership filing
Negative Sentiment: CFO Robert J. Ben sold 7,500 shares for $150,000 at an average price of $20.00, reducing his direct holdings by 11.02%. SEC CFO ownership filing
Negative Sentiment: EVP Jens Frank Ruppert sold 37,500 shares for approximately $712,875 at an average price of $19.01, leaving him with only 2,000 shares and cutting his ownership by 94.94%. The cluster of executive sales may raise concerns about insider conviction, despite the lack of evidence that the transactions were performance-related. SEC EVP ownership filing

Richardson Electronics Company Profile

(Get Free Report)

Richardson Electronics, Ltd. (NASDAQ:RELL) is a global manufacturer, distributor and servicer of engineered components and subsystems for a diverse range of industrial, medical and scientific applications. The company specializes in vacuum electron devices, high-voltage power supplies and related electronic components, offering klystrons, traveling wave tubes, magnetrons, X-ray tubes, microwave amplifiers and power conversion products. Its solutions support customers in power grid management, semiconductor processing, medical imaging, scientific instrumentation and telecommunications.

In addition to its manufacturing capabilities, Richardson Electronics maintains a broad distribution network comprising thousands of standard and custom parts.