Chicago Rivet & Machine Co. engages in the manufacturing and sale of rivets and specialty cold formed parts, as well as automatic rivet setting equipment and automated assembly systems. It operates through the following segments: Fasteners, Assembly Equipment, and Other. The Fasteners segment includes rivets, cold-formed fasteners, and parts and screw machine products. The Assembly Equipment segment consists of automatic rivet setting machines, and parts and tools for such machines. The company was founded in 1920 and is headquartered in Naperville, IL.
Company profile
Ticker
CVR
Exchange
Website
CEO
Walter W. Morrissey
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
360904920
CVR stock data
Calendar
6 May 22
26 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Institutional ownership, Q4 2021
16.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 10 |
Opened positions | 2 |
Closed positions | 10 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 4.28M |
Total shares | 163.02K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 68.63K | $1.8M |
Renaissance Technologies | 53.11K | $1.4M |
HighTower Advisors | 25.2K | $662K |
American Assets Investment Management | 9.75K | $256K |
LSV Asset Management | 3.6K | $95K |
Larson Financial | 1.57K | $41K |
BAC Bank Of America | 901 | $24K |
PNC PNC Financial Services | 135 | $4K |
BLK Blackrock | 126 | $3K |
Sargent Bickham Lagudis | 2 | $0 |
Financial report summary
?Management Discussion
- Financial results for the first three quarters of 2021 improved dramatically over the same period in 2020 which was adversely impacted by the global COVID-19 pandemic. Although the pandemic continued to present many challenges in 2021, as of September 30, 2021, sales had increased $6,899,836, or 35.7%, compared to the same period in 2020. Ongoing supply chain disruptions weighed heavily on demand from our automotive sector customers during the fourth quarter even as overall economic activity improved. As a result, sales in the fourth quarter of 2021 were limited to $7,749,488 compared to $8,265,419 a year earlier, a decline of $515,931, or 6.2%. The combination of lower sales and higher costs in the quarter resulted in a reduction in fourth quarter net income compared to a year earlier. Net income was $81,178, or $0.08 per share, in the fourth quarter of 2021 compared to $464,263, or $0.48 per share, for the fourth quarter of 2020. For the full year 2021, net sales were $33,974,558 compared to $27,590,653 in 2020, an increase of $6,383,905, or 23.1%. Net sales in 2021 reflect an increase of $1,101,556, or 3.4%, compared to the $32,873,002 reported in 2019. Full year net income in 2021 was $1,113,472, or $1.15 per share, compared to $50,450, or $0.05 per share, in 2020 and net income of $538,314, or $0.56 per share, in 2019.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
chip, combined, constrained, hand, inflation, light, lingering, minimize, modest, North, payroll, Property, steady, vehicle, weighed
Removed:
adversely, broader, characterized, classified, closed, combat, conserve, declared, deemed, delayed, domestically, dramatically, duration, economic, economy, effort, emergency, employee, essential, fallout, foreign, global, half, Health, heightened, idled, impact, improvement, internationally, issued, lead, lifted, limit, longer, national, negative, operate, order, outbreak, profit, rapid, rapidly, realized, recovery, reduce, reduced, relaxed, remaining, response, resulting, safety, scope, sharing, significant, significantly, Similar, spread, sustainability, temporarily, tied, timing, uncertain, uncertainty, unknown, work, World
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
11 May 22
8-K
Submission of Matters to a Vote of Security Holders
12 May 21
8-K
Amendments to Articles of Incorporation or Bylaws
22 Mar 21
8-K
Submission of Matters to a Vote of Security Holders
14 May 20
8-K
Departure of Directors or Certain Officers
21 Apr 20
8-K
Departure of Directors or Certain Officers
20 Feb 20
8-K
Submission of Matters to a Vote of Security Holders
17 May 19
8-K
Submission of Matters to a Vote of Security Holders
10 May 18
8-K
Submission of Matters to a Vote of Security Holders
14 May 17
8-K
Submission of Matters to a Vote of Security Holders
17 May 16
Other
SD
Conflict minerals disclosure
26 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
2 Jun 19
SD
Conflict minerals disclosure
18 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
SD
Conflict minerals disclosure
31 May 15
SD
Conflict minerals disclosure
29 May 14
Ownership
SC 13G/A
CHICAGO RIVET & MACHINE / RENAISSANCE TECHNOLOGIES ownership change
11 Feb 22
SC 13G/A
CHICAGO RIVET & MACHINE / DIMENSIONAL FUND ADVISORS ownership change
7 Feb 22
SC 13G/A
CHICAGO RIVET & MACHINE / DIMENSIONAL FUND ADVISORS ownership change
12 Feb 21
SC 13G/A
CHICAGO RIVET & MACHINE / RENAISSANCE TECHNOLOGIES ownership change
11 Feb 21
3
CHICAGO RIVET & MACHINE / Kurt Moders ownership change
28 May 20
3
CHICAGO RIVET & MACHINE / James W Morrissey ownership change
20 May 20
3
CHICAGO RIVET & MACHINE / Patricia M Miller ownership change
20 May 20
SC 13G/A
Chicago Rivet & Machine Co
13 Feb 20
SC 13G/A
Chicago Rivet & Machine Co
12 Feb 20
SC 13D/A
Chicago Rivet & Machine Co
21 Jun 19
Reddit threads
Daily Discussion - Wednesday June 22 2022
22 Jun 22
Pre-market summary - June 13th
13 Jun 22
Daily Discussion - Wednesday June 01 2022
1 Jun 22
Announcements x Daily Discussion for Wednesday, May 18, 2022
18 May 22
Daily Discussion Thread - May 6th, 2022
6 May 22
Daily Discussion Thread - May 5th, 2022
5 May 22
Daily Discussion - Monday May 02 2022
2 May 22
What are some investment ideas that are atypical but can have great returns?
14 Apr 22
Recession stocks with opportunity for scale?
12 Apr 22
Daily Discussion Thread - March 18th, 2022
18 Mar 22