Lazard Asset Management LLC Acquires 5,769 Shares of Strattec Security Corporation $STRT

Posted by Stanley Muller on Aug 2nd, 2026

Lazard Asset Management LLC raised its holdings in shares of Strattec Security Corporation (NASDAQ:STRT – Free Report) by 16.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,995 shares of the auto parts company’s stock after buying an additional 5,769 shares during the quarter. Lazard Asset Management LLC’s holdings in Strattec Security were worth $3,212,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. New York State Teachers Retirement System acquired a new stake in shares of Strattec Security in the fourth quarter worth $27,000. State of Alaska Department of Revenue acquired a new position in Strattec Security during the 4th quarter valued at $58,000. Raymond James Financial Inc. acquired a new position in Strattec Security during the 2nd quarter valued at $92,000. New York State Common Retirement Fund bought a new stake in Strattec Security in the 2nd quarter valued at $106,000. Finally, SG Americas Securities LLC bought a new stake in Strattec Security in the 4th quarter valued at $134,000. 68.91% of the stock is owned by institutional investors.

Insider Buying and Selling at Strattec Security

In related news, Director Frederic Jack Liebau, Jr. bought 1,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of $61.37 per share, with a total value of $61,370.00. Following the acquisition, the director owned 7,748 shares in the company, valued at approximately $475,494.76. This represents a 14.82% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Matthew Pauli bought 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of $62.53 per share, with a total value of $125,060.00. Following the transaction, the chief financial officer directly owned 2,000 shares in the company, valued at $125,060. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 4,598 shares of company stock valued at $286,440. 3.90% of the stock is currently owned by corporate insiders.

Strattec Security Stock Performance

Shares of STRT stock opened at $87.89 on Friday. The firm has a fifty day moving average of $80.49 and a 200-day moving average of $79.86. The stock has a market cap of $367.29 million, a price-to-earnings ratio of 14.50, a P/E/G ratio of 1.81 and a beta of 1.18. Strattec Security Corporation has a 52-week low of $57.01 and a 52-week high of $92.50.

Strattec Security (NASDAQ:STRT – Get Free Report) last issued its earnings results on Thursday, May 7th. The auto parts company reported $0.90 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.24). The business had revenue of $137.63 million for the quarter, compared to analyst estimates of $140.35 million. Strattec Security had a net margin of 4.31% and a return on equity of 11.00%. On average, sell-side analysts predict that Strattec Security Corporation will post 6.12 earnings per share for the current year.

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on STRT shares. Freedom Capital upgraded shares of Strattec Security from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Strattec Security in a research note on Wednesday, June 24th. Zacks Research raised Strattec Security from a “strong sell” rating to a “hold” rating in a research report on Friday, July 10th. Finally, Wall Street Zen lowered Strattec Security from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on STRT

About Strattec Security

(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.