5 Best Gun Stocks to Invest In

4. Sturm, Ruger & Company, Inc. (NYSE: RGR)

Number of Hedge Fund Holders: 21

Sturm, Ruger & Company, Inc. (NYSE: RGR) is a designer, manufacturer, and seller of firearms under the Ruger brand and trademark in the US. The company has two segments: Firearms and Castings. It ranks 4th on our list of the best gun stocks to invest in.

This May, Sturm, Ruger & Company, Inc. (NYSE: RGR) raised its quarterly dividend by 21.1%, bringing it up to $0.86 per share. The company’s current dividend yield is 3.08%, making it a suitable choice for income investors as well. The stock was also among the few rallying and on watch this May as demand for firearms remained high. In the first quarter of 2021, Sturm, Ruger & Company, Inc. (NYSE: RGR) had an EPS of $2.16, beating estimates by $0.73. The company’s revenue was $184.38 million, up 49.13% year over year and also beating estimates by $22.85 million. The stock has a forward PE ratio of 12.24 and it has gained 8.3% in the past 6 months and 23.54% year to date. Sturm, Ruger & Company, Inc. (NYSE: RGR) has a gross profit margin of 36.26% as well.

By the end of the first quarter of 2021, 21 hedge funds out of the 866 tracked by Insider Monkey held stakes in Sturm, Ruger & Company, Inc. (NYSE: RGR), worth roughly $135 million. This is compared to 17 hedge fund holders in the previous quarter with stakes worth about $145 million.