**Strattec Security (STRT)** shares rose 5.4% to $80.40 on the last trading session, with trading volume above average. This increase comes after a 3.8% decline over the previous month. The company, which manufactures automotive locks and keys, attributed the uptick to cost-saving strategies, including a voluntary early retirement program and restructuring in Mexico expected to save approximately $3.4 million annually.
As of December 28, 2025, Strattec held $99 million in cash against a modest debt of $2.5 million, enhancing its financial flexibility. Upcoming quarterly earnings are projected at $1.14 per share, down 24% year-over-year, with expected revenues of $140.7 million, a decline of 2.4% from the prior year. The company’s shares currently have a Zacks Rank of #1 (Strong Buy).
