Richardson Electronics (NASDAQ:RELL) Cut to Hold at Northland Capmk

Northland Capmk downgraded shares of Richardson Electronics (NASDAQ:RELL) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports. Northland Capmk also issued estimates for Richardson Electronics’ Q3 2025 earnings at $0.11 EPS, Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $0.27 EPS and FY2026 earnings at $0.73 EPS.

Separately, Northland Securities reiterated a “market perform” rating on shares of Richardson Electronics in a research report on Monday.

Richardson Electronics Stock Performance

Shares of NASDAQ RELL opened at $13.33 on Monday. Richardson Electronics has a 52-week low of $8.08 and a 52-week high of $15.51. The firm has a 50 day moving average price of $14.04 and a two-hundred day moving average price of $12.86. The stock has a market cap of $191.70 million, a P/E ratio of -266.60, a price-to-earnings-growth ratio of 1.74 and a beta of 0.95.

Richardson Electronics (NASDAQ:RELL) last announced its quarterly earnings results on Tuesday, January 7th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. Analysts predict that Richardson Electronics will post 0.33 earnings per share for the current fiscal year.

Richardson Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 7th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.80%. The ex-dividend date is Friday, February 7th. Richardson Electronics’s dividend payout ratio is presently 800.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of RELL. Bank of New York Mellon Corp lifted its stake in shares of Richardson Electronics by 3.6% in the second quarter. Bank of New York Mellon Corp now owns 131,577 shares of the technology company’s stock valued at $1,564,000 after buying an additional 4,513 shares in the last quarter. 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 valued at $205,000 after purchasing an additional 2,803 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Richardson Electronics by 32.1% during the second quarter. Victory Capital Management Inc. now owns 11,636 shares of the technology company’s stock valued at $138,000 after purchasing an additional 2,830 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Richardson Electronics by 14.7% during the second quarter. American Century Companies Inc. now owns 18,372 shares of the technology company’s stock valued at $218,000 after purchasing an additional 2,359 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in Richardson Electronics by 11.8% during the second quarter. Squarepoint Ops LLC now owns 21,722 shares of the technology company’s stock worth $258,000 after buying an additional 2,284 shares during the last quarter. 71.95% of the stock is owned by institutional investors.

Richardson Electronics Company Profile

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.