Who Owns Ruger Firearms?
Ruger is one of the most iconic and respected firearms manufacturers in the world, with a rich history dating back to 1949. The company has been a household name for generations, and its products are used by civilians, law enforcement, and military personnel alike. But have you ever wondered who owns Ruger firearms? In this article, we’ll delve into the ownership structure of Ruger and explore the company’s history, products, and recent developments.
History of Ruger
Ruger was founded by William B. Ruger and Alexander M. Sturm in 1949 in Southport, Connecticut. The company started as a small manufacturer of.22 caliber rifles and pistols, but quickly gained popularity for its high-quality products. Over the years, Ruger expanded its product line to include a wide range of firearms, including revolvers, semi-automatic pistols, rifles, and shotguns.
Ownership Structure
Ruger is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol RGR. This means that the company is owned by its shareholders, who can buy and sell shares of the company on the open market. As of 2022, the largest shareholders of Ruger include:
| Rank | Shareholder | Percentage Ownership |
|---|---|---|
| 1 | The Vanguard Group, Inc. | 8.4% |
| 2 | BlackRock, Inc. | 6.6% |
| 3 | State Street Corporation | 5.1% |
| 4 | FMR, LLC (Fidelity) | 4.4% |
| 5 | The Capital Group Companies, Inc. | 3.4% |
Other Significant Shareholders
In addition to the largest shareholders listed above, other significant shareholders of Ruger include:
- Company Insiders: Ruger’s management team and board of directors own a significant amount of company stock, with a combined total of around 2.5% of the company.
- Institutional Investors: Other institutional investors, such as mutual funds and pension funds, own around 20% of the company.
- Individual Investors: Individual investors, including retail investors and small institutions, own around 40% of the company.
Recent Developments
In recent years, Ruger has been focused on expanding its product line and improving its manufacturing processes. In 2020, the company acquired the assets of Marlin Firearms, a well-known manufacturer of lever-action rifles. This acquisition has allowed Ruger to expand its product line and increase its market share in the hunting and outdoor recreation industries.
Conclusion
In conclusion, Ruger is a publicly traded company owned by its shareholders, with the largest shareholders including institutional investors and company insiders. The company has a rich history dating back to 1949 and is known for its high-quality firearms. With its recent acquisition of Marlin Firearms, Ruger is well-positioned to continue to grow and expand its product line in the years to come.
Additional Resources
- Ruger’s official website: www.ruger.com
- Ruger’s investor relations website: www.ruger.com/investor-relations
- Ruger’s annual reports: www.ruger.com/investor-relations/annual-reports
Frequently Asked Questions
- Who is the largest shareholder of Ruger?
- The Vanguard Group, Inc. is the largest shareholder of Ruger, owning approximately 8.4% of the company.
- What is Ruger’s stock ticker symbol?
- Ruger’s stock ticker symbol is RGR and is listed on the New York Stock Exchange (NYSE).
- What is the history of Ruger?
- Ruger was founded in 1949 by William B. Ruger and Alexander M. Sturm in Southport, Connecticut. The company started as a small manufacturer of.22 caliber rifles and pistols and has since expanded to include a wide range of firearms.
