Richardson Electronics (NASDAQ:RELL) Downgraded by Northland Capmk to “Hold”

Northland Capmk lowered shares of Richardson Electronics (NASDAQ:RELL) from a strong-buy rating to a hold rating in a research note issued to investors 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 Down 5.3 %

Shares of RELL opened at $12.33 on Monday. The firm has a 50-day moving average price of $14.10 and a 200 day moving average price of $12.85. Richardson Electronics has a 12-month low of $8.08 and a 12-month high of $15.51. The firm has a market capitalization of $177.32 million, a P/E ratio of -246.60, a P/E/G ratio of 1.74 and a beta of 0.95.

Richardson Electronics (NASDAQ:RELL) last released its quarterly earnings data on Tuesday, January 7th. The technology company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). Richardson Electronics had a negative net margin of 0.40% and a negative return on equity of 0.24%. Equities research analysts predict that Richardson Electronics will post 0.33 earnings per share for the current fiscal year.

Richardson Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.95%. Richardson Electronics’s dividend payout ratio (DPR) is presently 800.00%.

Hedge Funds Weigh In On Richardson Electronics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RELL. XTX Topco Ltd purchased a new stake in shares of Richardson Electronics in the 3rd quarter valued at approximately $134,000. Victory Capital Management Inc. lifted its position in shares of Richardson Electronics by 32.1% during the 2nd quarter. Victory Capital Management Inc. now owns 11,636 shares of the technology company’s stock worth $138,000 after buying an additional 2,830 shares during the last quarter. Insight Wealth Strategies LLC purchased a new position in shares of Richardson Electronics in the 4th quarter valued at $140,000. Jane Street Group LLC raised its stake in Richardson Electronics by 8.2% during the 3rd quarter. Jane Street Group LLC now owns 15,545 shares of the technology company’s stock worth $192,000 after acquiring an additional 1,182 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in Richardson Electronics by 19.5% in the second quarter. Rhumbline Advisers now owns 17,206 shares of the technology company’s stock valued at $205,000 after acquiring an additional 2,803 shares during 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.