Buckle (NYSE:BKE) Hits New 12-Month Low – Here’s What Happened

Posted by Stanley Muller on Jul 11th, 2026

Buckle, Inc. (The) (NYSE:BKE – Get Free Report)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $40.75 and last traded at $40.83, with a volume of 16554 shares traded. The stock had previously closed at $41.46.

Analyst Upgrades and Downgrades

A number of analysts have commented on BKE shares. UBS Group cut their price objective on shares of Buckle from $52.00 to $47.00 and set a “neutral” rating for the company in a report on Monday, June 1st. Wall Street Zen cut Buckle from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Finally, Weiss Ratings cut Buckle from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 25th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Buckle presently has an average rating of “Hold” and a consensus target price of $47.00.

View Our Latest Research Report on Buckle

Buckle Stock Up 2.2%

The company’s 50-day moving average is $46.12 and its 200-day moving average is $50.32. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 9.74 and a beta of 1.08.

Buckle (NYSE:BKE – Get Free Report) last posted its earnings results on Friday, May 29th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.18. The company had revenue of $288.74 million for the quarter, compared to analyst estimates of $287.68 million. Buckle had a net margin of 16.85% and a return on equity of 47.35%. Buckle’s revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.70 EPS.

Buckle Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Wednesday, July 15th will be issued a $0.35 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $1.40 dividend on an annualized basis and a yield of 3.3%. Buckle’s dividend payout ratio is currently 32.11%.

Insiders Place Their Bets

In other Buckle news, Director Bill L. Fairfield sold 2,500 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $44.44, for a total transaction of $111,100.00. Following the completion of the sale, the director owned 52,908 shares of the company’s stock, valued at $2,351,231.52. This trade represents a 4.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 39.00% of the company’s stock.

Hedge Funds Weigh In On Buckle

A number of hedge funds have recently modified their holdings of the business. Amundi raised its holdings in Buckle by 676.9% in the 4th quarter. Amundi now owns 421,200 shares of the company’s stock valued at $22,501,000 after buying an additional 366,986 shares during the period. Goldman Sachs Group Inc. boosted its stake in Buckle by 44.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,043,548 shares of the company’s stock worth $55,746,000 after buying an additional 323,361 shares during the period. Lazard Asset Management LLC boosted its stake in Buckle by 1,066.8% during the first quarter. Lazard Asset Management LLC now owns 297,594 shares of the company’s stock worth $14,987,000 after buying an additional 272,088 shares during the period. Morgan Stanley increased its position in shares of Buckle by 26.8% during the fourth quarter. Morgan Stanley now owns 1,244,389 shares of the company’s stock valued at $66,475,000 after acquiring an additional 263,338 shares during the last quarter. Finally, Two Sigma Investments LP increased its position in shares of Buckle by 3,695.1% during the third quarter. Two Sigma Investments LP now owns 242,510 shares of the company’s stock valued at $14,226,000 after acquiring an additional 236,120 shares during the last quarter. 53.93% of the stock is currently owned by hedge funds and other institutional investors.

About Buckle

(Get Free Report)

Buckle, Inc is a retailer specializing in casual apparel, footwear and accessories for young men and women. The company is known for its denim-focused collections, offering both private-label lines and curated brand-name merchandise. Its product assortment includes jeans, tops, outerwear, shoes and a variety of accessories such as belts, jewelry and handbags, all aimed at blending contemporary style with everyday comfort.

Founded in 1948 in Kearney, Nebraska, Buckle began as a single clothing store and has since expanded into a nationwide chain.