Richardson Electronics (NASDAQ:RELL) Stock Rating Lowered by Northland Capmk

Northland Capmk downgraded shares of Richardson Electronics (NASDAQ:RELL - Free Report) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports. Northland Capmk also issued estimates for Richardson Electronics' Q3 2025 earnings at $0.11 EPS, FY2025 earnings at $0.27 EPS and FY2026 earnings at $0.73 EPS.

Separately, Northland Securities reissued a "market perform" rating on shares of Richardson Electronics in a research report on Monday.

Richardson Electronics Trading Up 4.1 %

RELL stock traded up $0.51 during trading on Monday, reaching $12.84. 64,295 shares of the stock were exchanged, compared to its average volume of 80,162. The firm's 50 day moving average is $14.07 and its 200 day moving average is $12.86. The firm has a market cap of $184.65 million, a P/E ratio of -256.80, a price-to-earnings-growth ratio of 1.74 and a beta of 0.95. Richardson Electronics has a twelve month low of $8.08 and a twelve month high of $15.51.

Richardson Electronics (NASDAQ:RELL - Get Free Report) last issued its earnings results on Tuesday, January 7th. The technology company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.03). Richardson Electronics had a negative return on equity of 0.24% and a negative net margin of 0.40%. As a group, analysts predict that Richardson Electronics will post 0.33 earnings per share for the current fiscal year.

Richardson Electronics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 7th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend is Friday, February 7th. Richardson Electronics's payout ratio is currently 800.00%.

Hedge Funds Weigh In On Richardson Electronics

A number of hedge funds and other institutional investors have recently modified their holdings of RELL. State Street Corp increased its stake in shares of Richardson Electronics by 0.4% in the third quarter. State Street Corp now owns 225,563 shares of the technology company's stock worth $2,783,000 after purchasing an additional 914 shares in the last quarter. Jane Street Group LLC boosted its holdings in Richardson Electronics by 8.2% in the 3rd quarter. Jane Street Group LLC now owns 15,545 shares of the technology company's stock worth $192,000 after buying an additional 1,182 shares during the period. Squarepoint Ops LLC grew its stake in Richardson Electronics by 11.8% in the 2nd quarter. Squarepoint Ops LLC now owns 21,722 shares of the technology company's stock valued at $258,000 after buying an additional 2,284 shares in the last quarter. American Century Companies Inc. raised its holdings in Richardson Electronics by 14.7% during the 2nd quarter. American Century Companies Inc. now owns 18,372 shares of the technology company's stock valued at $218,000 after acquiring an additional 2,359 shares during the period. Finally, Rhumbline Advisers lifted its position in shares of Richardson Electronics by 19.5% during the second quarter. Rhumbline Advisers now owns 17,206 shares of the technology company's stock worth $205,000 after acquiring an additional 2,803 shares in the last quarter. Hedge funds and other institutional investors own 71.95% of the company's stock.

About Richardson Electronics

Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.