North Star Investment Management Corp. Raises Stock Position in Superior Group of Companies, Inc. $SGC

North Star Investment Management Corp. grew its stake in Superior Group of Companies, Inc. (NASDAQ:SGC) by 8.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 537,475 shares of the textile maker’s stock after buying an additional 42,500 shares during the period. North Star Investment Management Corp. owned 3.42% of Superior Group of Companies worth $5,461,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Empowered Funds LLC lifted its position in Superior Group of Companies by 7.5% in the first quarter. Empowered Funds LLC now owns 92,181 shares of the textile maker’s stock valued at $1,008,000 after acquiring an additional 6,416 shares during the last quarter. Hsbc Holdings PLC grew its holdings in shares of Superior Group of Companies by 34.6% during the second quarter. Hsbc Holdings PLC now owns 29,917 shares of the textile maker’s stock worth $309,000 after purchasing an additional 7,684 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Superior Group of Companies by 21.1% during the second quarter. Qube Research & Technologies Ltd now owns 26,293 shares of the textile maker’s stock worth $271,000 after purchasing an additional 4,589 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Superior Group of Companies during the second quarter worth about $206,000. Finally, Ameriprise Financial Inc. increased its position in shares of Superior Group of Companies by 6.1% during the second quarter. Ameriprise Financial Inc. now owns 17,708 shares of the textile maker’s stock worth $182,000 after purchasing an additional 1,021 shares in the last quarter. 33.75% of the stock is owned by hedge funds and other institutional investors.

Superior Group of Companies Stock Performance

Shares of Superior Group of Companies stock opened at $12.75 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.76 and a current ratio of 2.73. The company has a market capitalization of $199.33 million, a P/E ratio of 22.37, a PEG ratio of 2.17 and a beta of 1.44. Superior Group of Companies, Inc. has a 1 year low of $8.30 and a 1 year high of $14.59. The company’s fifty day moving average is $12.29 and its two-hundred day moving average is $10.88.

Superior Group of Companies (NASDAQ:SGC) last announced its earnings results on Monday, May 4th. The textile maker reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.04. Superior Group of Companies had a net margin of 1.51% and a return on equity of 4.45%. The business had revenue of $140.88 million during the quarter, compared to the consensus estimate of $138.21 million. Superior Group of Companies has set its FY 2026 guidance at 0.540-0.660 EPS. Analysts forecast that Superior Group of Companies, Inc. will post 0.59 earnings per share for the current year.

Superior Group of Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, May 15th. Superior Group of Companies’s dividend payout ratio (DPR) is 98.25%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SGC. Wall Street Zen raised Superior Group of Companies from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 9th. Weiss Ratings raised Superior Group of Companies from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 1st. Finally, DA Davidson boosted their price objective on Superior Group of Companies from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $15.50.

Superior Group of Companies Company Profile

Superior Group of Companies is a global developer and manufacturer of specialty packaging materials, including films, laminations and pressure-sensitive adhesives. Founded in 1969 and headquartered in Santa Fe Springs, California, the company combines advanced printing technologies with materials science expertise to deliver customized packaging solutions for industries such as food and beverage, healthcare, personal care and household products.

Through a network of manufacturing and distribution facilities across North America, Europe and Asia, Superior Group serves both multinational brand owners and regional producers.