FY2026 Earnings Estimate for Sono-Tek Co. Issued By Northland Capmk (NASDAQ:SOTK)

Sono-Tek Co. (NASDAQ:SOTK – Get Rating) – Equities researchers at Northland Capmk raised their FY2026 EPS estimates for shares of Sono-Tek in a research note issued on Wednesday, January 18th. Northland Capmk analyst E. Jackson now forecasts that the industrial products company will post earnings per share of $0.11 for the year, up from their prior estimate of $0.07. The consensus estimate for Sono-Tek’s current full-year earnings is $0.05 per share. Northland Capmk also issued estimates for Sono-Tek’s FY2027 earnings at $0.12 EPS.

Separately, Northland Securities raised their target price on shares of Sono-Tek from $8.00 to $10.00 in a research note on Wednesday, October 19th.

Sono-Tek Trading Up 0.2 %

NASDAQ:SOTK opened at $6.09 on Thursday. Sono-Tek has a 1 year low of $4.01 and a 1 year high of $8.17. The firm’s fifty day simple moving average is $6.19 and its 200 day simple moving average is $6.42. The firm has a market capitalization of $95.87 million, a PE ratio of 67.67 and a beta of -0.25.

Hedge Funds Weigh In On Sono-Tek

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Sono-Tek by 85.1% during the 3rd quarter. Vanguard Group Inc. now owns 293,872 shares of the industrial products company’s stock worth $2,063,000 after acquiring an additional 135,076 shares during the period. BlackRock Inc. lifted its holdings in Sono-Tek by 11.3% during the 3rd quarter. BlackRock Inc. now owns 17,459 shares of the industrial products company’s stock valued at $122,000 after purchasing an additional 1,769 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Sono-Tek by 35.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 16,725 shares of the industrial products company’s stock valued at $117,000 after purchasing an additional 4,386 shares during the last quarter. Modera Wealth Management LLC bought a new position in Sono-Tek during the 3rd quarter valued at about $1,373,000. Finally, Peak Financial Advisors LLC lifted its holdings in Sono-Tek by 38.0% during the 3rd quarter. Peak Financial Advisors LLC now owns 14,521 shares of the industrial products company’s stock valued at $102,000 after purchasing an additional 4,000 shares during the last quarter. 6.12% of the stock is owned by institutional investors.

Insider Buying and Selling at Sono-Tek

In other Sono-Tek news, CEO Christopher L. Coccio sold 14,383 shares of the stock in a transaction on Monday, November 14th. The shares were sold at an average price of $5.76, for a total value of $82,846.08. Following the completion of the sale, the chief executive officer now directly owns 357,415 shares of the company’s stock, valued at approximately $2,058,710.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Sono-Tek news, CEO Christopher L. Coccio sold 14,383 shares of the stock in a transaction on Monday, November 14th. The shares were sold at an average price of $5.76, for a total value of $82,846.08. Following the completion of the sale, the chief executive officer now directly owns 357,415 shares of the company’s stock, valued at approximately $2,058,710.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Christopher L. Coccio sold 3,690 shares of the stock in a transaction on Monday, October 31st. The shares were sold at an average price of $7.16, for a total transaction of $26,420.40. Following the completion of the sale, the chief executive officer now directly owns 373,725 shares of the company’s stock, valued at $2,675,871. The disclosure for this sale can be found here. Insiders sold a total of 21,740 shares of company stock valued at $132,903 in the last ninety days. Company insiders own 6.64% of the company’s stock.

About Sono-Tek

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Sono-Tek Corp. engages in the design and manufacture of ultrasonic coating systems. The firm also provides patented nozzles and generators for manufacturers equipment. Its products categories include electronics, energy, medical, glass, food, textiles, nanotechnology, and industrial. The company was founded by Harvey L.