Strattec Security (NASDAQ:STRT) Posts Earnings Results, Beats Expectations By $0.70 EPS

Posted by Stanley Muller on Aug 26th, 2026

Strattec Security (NASDAQ:STRT – Get Free Report) announced its earnings results on Tuesday. The auto parts company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.70, Zacks reports. The firm had revenue of $151.83 million for the quarter, compared to analyst estimates of $146.77 million. Strattec Security had a return on equity of 11.00% and a net margin of 4.31%.

Strattec Security Trading Up 1.8%

Strattec Security stock opened at $79.07 on Wednesday. The company has a 50-day moving average price of $82.31 and a 200 day moving average price of $80.03. Strattec Security has a 12-month low of $57.01 and a 12-month high of $92.50. The stock has a market cap of $330.51 million, a P/E ratio of 13.05, a PEG ratio of 1.60 and a beta of 1.18.

Institutional Trading of Strattec Security

Several institutional investors have recently made changes to their positions in STRT. Bank of America Corp DE increased its stake in Strattec Security by 137.9% during the fourth quarter. Bank of America Corp DE now owns 2,208 shares of the auto parts company’s stock worth $91,000 after acquiring an additional 1,280 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Strattec Security by 41.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 22,548 shares of the auto parts company’s stock worth $890,000 after purchasing an additional 6,624 shares during the period. Empowered Funds LLC increased its position in shares of Strattec Security by 3.3% during the 1st quarter. Empowered Funds LLC now owns 17,221 shares of the auto parts company’s stock worth $680,000 after purchasing an additional 555 shares during the last quarter. Jane Street Group LLC increased its position in shares of Strattec Security by 61.1% during the 1st quarter. Jane Street Group LLC now owns 15,869 shares of the auto parts company’s stock worth $626,000 after purchasing an additional 6,019 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Strattec Security by 110.2% in the 2nd quarter. Geode Capital Management LLC now owns 90,389 shares of the auto parts company’s stock valued at $5,624,000 after buying an additional 47,389 shares during the period. Hedge funds and other institutional investors own 68.91% of the company’s stock.

Strattec Security announced that its Board of Directors has initiated a share buyback plan on Thursday, May 28th that permits the company to repurchase $40.00 million in shares. This repurchase authorization permits the auto parts company to buy up to 12.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of research firms have recently commented on STRT. Wall Street Zen cut shares of Strattec Security from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Strattec Security in a report on Wednesday, June 24th. Freedom Capital raised Strattec Security from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Zacks Research raised Strattec Security from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Read Our Latest Research Report on STRT

About Strattec Security

(Get Free Report)

Strattec Security Corporation is a Wisconsin‐based designer and manufacturer of mechanical and electronic locking systems for the global automotive market. Established more than five decades ago, the company supplies original equipment manufacturers (OEMs) and the aftermarket with a broad portfolio of lock and key solutions tailored to passenger cars, light trucks and commercial vehicles.

The company’s product range includes mechanical locking systems such as door lock cylinders, ignition lock modules, key blanks and door handles, as well as electromechanical and keyless‐entry systems.