The Eastern Company manages industrial businesses that design, manufacture and sell unique engineered solutions to industrial markets, focusing on industries that offer long-term macroeconomic growth opportunities. The Company operates across three reporting segments -- Industrial Hardware, Security Products and Metal Products -- from locations in the U.S., Canada, Mexico, U.K., Taiwan and China.
Company profile
Ticker
EML
Exchange
Website
CEO
August Vlak
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Eberhard Manufacturing • Illinois Lock Company • Associated Toolmakers Ltd. • Big 3 Precision Products, Inc. • Big 3 Precision Mold Services, Inc. • Dongguan Reeworld Security Products Ltd. • Eastern Engineered Systems, Inc. • Eastern Industrial Ltd • Hallink Moulds, Inc. • Velvac Holdings, Inc. ...
IRS number
60330020
EML stock data
Press releases
The Eastern Company Reports First Quarter 2022 Results Record Net Sales From Continuing Operations; an Increase of 12% Over Prior-Year Period
9 May 22
The Eastern Company Declares 327th Regular Quarterly Cash Dividend
27 Apr 22
The Eastern Company Announces Timing of Virtual Annual Meeting of Shareholders
25 Apr 22
The Eastern Company Announces Timing of First Quarter Fiscal Year 2022 Earnings Release and Conference Call
19 Apr 22
The Eastern Company Reports Fourth Quarter and Full-Year 2021 Results Full-Year Net Sales From Continuing Operations Increase by 25% Full-Year Net Income From Continuing Operations Grow by 47%
17 Mar 22
Calendar
9 May 22
20 May 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Jan 22 | Jan 21 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.07M | 5.07M | 5.07M | 5.07M | 5.07M | 5.07M |
Cash burn (monthly) | 364.93K | 1.03M | (no burn) | (no burn) | 1.19M | 1.12M |
Cash used (since last report) | 585.45K | 1.66M | n/a | n/a | 1.9M | 1.79M |
Cash remaining | 4.49M | 3.42M | n/a | n/a | 3.17M | 3.28M |
Runway (months of cash) | 12.3 | 3.3 | n/a | n/a | 2.7 | 2.9 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 May 22 | DiSanto Frederick D. | common Stock, par value $0.01 per share | Buy | Acquire P | No | No | 20.46 | 970 | 19.85K | 21,725 |
17 May 22 | DiSanto Frederick D. | common Stock, par value $0.01 per share | Buy | Acquire P | No | No | 20.24 | 1,002 | 20.28K | 20,755 |
21 Mar 22 | Everets John | Common Shares | Grant | Acquire A | No | No | 23.82 | 814 | 19.39K | 124,562 |
21 Mar 22 | Henry Charles W | Common Shares | Grant | Acquire A | No | No | 23.82 | 756 | 18.01K | 63,631 |
21 Mar 22 | James A Mitarotonda | Common Shares | Grant | Acquire A | No | No | 23.82 | 1,312 | 31.25K | 20,477 |
21 Mar 22 | Scott Peggy | Common Shares | Grant | Acquire A | No | No | 23.82 | 813 | 19.37K | 10,024 |
Institutional ownership, Q1 2022
61.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 39 |
Opened positions | 0 |
Closed positions | 4 |
Increased positions | 10 |
Reduced positions | 15 |
13F shares | Current |
---|---|
Total value | 93.11M |
Total shares | 3.87M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Barington Capital | 627.77K | $14.62M |
GBL Gamco Investors | 556.19K | $12.95M |
Dimensional Fund Advisors | 412.37K | $9.6M |
Forager Capital Management | 358.87K | $8.36M |
Minerva Advisors | 334.74K | $7.8M |
TETAA Teton Advisors | 298K | $6.94M |
Vanguard | 259.78K | $6.05M |
Gabelli Funds | 174K | $4.05M |
North Star Investment Management | 165.82K | $3.86M |
Renaissance Technologies | 154.14K | $3.59M |
Financial report summary
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H.S. sophomore Avg
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New words:
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Removed:
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Financial reports
Current reports
8-K
The Eastern Company Reports First Quarter 2022 Results Record Net Sales From Continuing Operations; an Increase of 12% Over Prior-Year Period
10 May 22
8-K
Submission of Matters to a Vote of Security Holders
27 Apr 22
8-K
Eastern Announces Upcoming Retirement of John Sullivan, Cfo, and Hiring of Peter O’hara
17 Mar 22
8-K
Eastern Announces Upcoming Retirement of John Sullivan, Cfo, and Hiring of Peter O’hara
17 Mar 22
8-K
Amendments to Articles of Incorporation or Bylaws
11 Mar 22
8-K
Departure of Directors or Certain Officers
18 Jan 22
8-K
The Eastern Company Announces the RETIREMENT OF MICHAEL McMANUS, DIRECTOR
20 Dec 21
8-K
Regulation FD Disclosure
9 Dec 21
8-K
Results of Operations and Financial Condition
10 Nov 21
8-K
Results of Operations and Financial Condition
12 Aug 21
Registration and prospectus
S-8
Registration of securities for employees
21 May 20
25
Voluntary exchange delisting
13 Dec 11
8-A12B
Registration of securities on exchange
13 Dec 11
S-8
Registration of securities for employees
1 Sep 10
S-8
Registration of securities for employees
2 May 04
S-8
Registration of securities for employees
3 Jun 01
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Mar 00
424B3
Prospectus supplement
7 Jun 99
424B3
Prospectus supplement
7 Jun 99
424B3
Prospectus supplement
7 Jun 99
Other
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
UPLOAD
Letter from SEC
2 Aug 15
CORRESP
Correspondence with SEC
28 Jul 15
UPLOAD
Letter from SEC
19 Jul 15
SD
Conflict minerals disclosure
31 May 15
Ownership
4
EASTERN / Frederick D. DiSanto ownership change
18 May 22
4
EASTERN / Frederick D. DiSanto ownership change
23 Mar 22
4
EASTERN / Peggy Scott ownership change
22 Mar 22
4
EASTERN / JAMES A MITAROTONDA ownership change
22 Mar 22
4
EASTERN / CHARLES W HENRY ownership change
22 Mar 22
4
EASTERN / JOHN EVERETS ownership change
22 Mar 22
5
EASTERN / CHARLES W HENRY ownership change
15 Feb 22
5
EASTERN / August M. Vlak ownership change
15 Feb 22
5
EASTERN / JOHN L SULLIVAN III ownership change
15 Feb 22
SC 13G
EASTERN / Forager Capital Management ownership change
14 Feb 22
Patents
Utility
Modular shipping base
5 Oct 21
A re-usable, returnable, stackable, modular shipping base incorporates replaceable components to make the base relatively quick and cost effective to repair.
Utility
Modular Shipping Base
16 Sep 21
A re-usable, returnable, stackable, modular shipping base incorporates replaceable components to make the base relatively quick and cost effective to repair.
Design
Pallet
15 Jun 21
Inventors: Roger Heinzmann, Alan Scheidt, Joe Biagi
Design
Pallet
18 May 21
Inventors: Roger Heinzmann, Alan Scheidt, Joe Biagi
Design
Pallet
2 Feb 21
Inventors: Roger Heinzmann, Alan Scheidt, Joe Biagi
Transcripts
2022 Q1
Earnings call transcript
14 May 22
2021 Q4
Earnings call transcript
18 Mar 22
2021 Q3
Earnings call transcript
11 Nov 21
2021 Q2
Earnings call transcript
16 Aug 21
2021 Q1
Earnings call transcript
12 May 21
2020 Q2
Earnings call transcript
9 Aug 20
2020 Q1
Earnings call transcript
11 May 20
2019 Q4
Earnings call transcript
6 Mar 20
2019 Q3
Earnings call transcript
8 Nov 19
2019 Q2
Earnings call transcript
9 Aug 19
Reddit threads
Daily Discussion Thread - May 12th, 2022
12 May 22
Daily Discussion Thread - May 11th, 2022
11 May 22
Daily Discussion Thread - May 9th, 2022
9 May 22
Daily Discussion Thread - May 6th, 2022
6 May 22
POET Technologies - 1st institutional investor ($2.2M) - photonics industry probably next market bubble
26 Apr 22
POET Technologies - 1st institutional investor ($2.2M) - photonics industry probably next market bubble
25 Apr 22
POET Technologies - disruptive technology - first institutional holding
22 Apr 22
In a world of scarcity, panic-buying of things in short supply, Potash is an essential fertilizer and there's not enough. NTR, MOS, IPI
29 Mar 22
Daily Discussion Thread - March 17th, 2022
17 Mar 22
Daily Discussion Thread - March 16th, 2022
16 Mar 22