Smith & Wesson Brands (SWBI) reported fiscal first-quarter net sales of $112.6 million, up 32.3% from the comparable quarter a year earlier. GAAP net income was $2.6 million, compared with a $3.4 million net loss in the prior-year quarter.
Diluted GAAP earnings per share were $0.06, compared with a loss of $0.08 per share a year earlier. The quarter ended July 31, 2026.
- Gross margin was 28.7%, versus 25.9% a year earlier.
- The company received $2.9 million in tariff refunds, which increased gross margin by about 260 basis points.
- Smith & Wesson expects second-quarter sales to be roughly 10% above the prior-year period.
- The company maintained its fiscal 2027 revenue-growth outlook of approximately 5% to 7% over fiscal 2026.
- The board authorized a quarterly dividend of $0.13 per share, payable October 1, 2026, to stockholders of record September 17, 2026.
$SWBI Hedge Fund Activity
We have seen 113 institutional investors add shares of $SWBI stock to their portfolio, and 91 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 993,640 shares (+inf%) to their portfolio in Q2 2026, for an estimated $14,944,345
- QUBE RESEARCH & TECHNOLOGIES LTD added 815,138 shares (+inf%) to their portfolio in Q2 2026, for an estimated $12,259,675
- JANE STREET GROUP, LLC removed 523,644 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $7,875,605
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 489,966 shares (+134.2%) to their portfolio in Q2 2026, for an estimated $7,369,088
- GOLDMAN SACHS GROUP INC added 442,412 shares (+83.0%) to their portfolio in Q2 2026, for an estimated $6,653,876
- AMERICAN CENTURY COMPANIES INC added 316,235 shares (+71.7%) to their portfolio in Q2 2026, for an estimated $4,756,174
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 214,154 shares (-17.7%) from their portfolio in Q2 2026, for an estimated $3,220,876
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
