Strattec Security Corporation (NASDAQ:STRT) VP Richard P. Messina sold 3,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $46.04, for a total transaction of $147,328.00. Following the completion of the transaction, the vice president now owns 4,840 shares of the company’s stock, valued at approximately $222,833.60. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Strattec Security Corporation (NASDAQ STRT) traded up $0.15 during midday trading on Friday, reaching $46.85. 26,505 shares of the company were exchanged, compared to its average volume of 20,036. The firm has a market cap of $169.86, a P/E ratio of 20.93 and a beta of 1.72.

Strattec Security Corporation (NASDAQ:STRT) last issued its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.12. The business had revenue of $102.46 million during the quarter. Strattec Security Corporation had a net margin of 1.93% and a return on equity of 4.94%.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.56 annualized dividend and a yield of 1.20%. Strattec Security Corporation’s payout ratio is 25.34%.

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A number of institutional investors have recently added to or reduced their stakes in the business. FMR LLC raised its holdings in Strattec Security Corporation by 6.1% during the 2nd quarter. FMR LLC now owns 437,823 shares of the auto parts company’s stock worth $15,499,000 after purchasing an additional 25,023 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Strattec Security Corporation by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 281,390 shares of the auto parts company’s stock worth $9,961,000 after purchasing an additional 18,914 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in Strattec Security Corporation by 1.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 216,800 shares of the auto parts company’s stock worth $7,675,000 after purchasing an additional 4,000 shares during the last quarter. Teton Advisors Inc. raised its holdings in Strattec Security Corporation by 0.3% during the 2nd quarter. Teton Advisors Inc. now owns 177,700 shares of the auto parts company’s stock worth $6,291,000 after purchasing an additional 500 shares during the last quarter. Finally, Uniplan Investment Counsel Inc. raised its holdings in Strattec Security Corporation by 11.2% during the 2nd quarter. Uniplan Investment Counsel Inc. now owns 148,769 shares of the auto parts company’s stock worth $5,266,000 after purchasing an additional 15,036 shares during the last quarter. Hedge funds and other institutional investors own 82.98% of the company’s stock.

Separately, ValuEngine upgraded shares of Strattec Security Corporation from a “buy” rating to a “strong-buy” rating in a report on Monday, October 2nd.

Strattec Security Corporation Company Profile

Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.

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