SVT Servotronics, Inc.
Servotronics, Inc. engages in the design, development, and manufacture of components, systems and sub-systems. It operates through the following segments: Advanced Technology Group and Consumer Products Group. The Advanced Technology Group segment is the design, manufacture and marketing of servo-control components such as torque motors, control valves, actuators, and others. The Consumer Products Group segment specializes the design, manufacture, and marketing of a variety of cutlery products for use by consumers and government agencies. The company was founded by Nicholas D. Trbovich in 1959 and is headquartered in Elma, NY.
Company profile
Ticker
SVT
Exchange
Website
CEO
Kenneth D. Trbovich
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
SEC CIK
Corporate docs
IRS number
160837866
SVT stock data
()
Calendar
14 Nov 19
28 Jan 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Sep 19 | Jun 19 | Mar 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | 12.36M | 14.07M | 12M | 12.58M | |
| Net income | 1.13M | 714K | 98K | 1M | |
| Diluted EPS | 0.47 | 0.3 | 0.04 | 0.42 | |
| Net profit margin | 9.16% | 5.08% | 0.82% | 7.97% | |
| Net change in cash | -691K | -303K | -446K | 219K | |
| Cash on hand | 1.16M | 1.85M | 2.15M | 2.6M |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 47.86M | 41.44M | |||
| Net income | 3.5M | 1.32M | 1.75M | 4.6M | |
| Diluted EPS | 1.49 | 0.57 | 0.76 | 2.03 | |
| Net profit margin | 7.31% | 3.18% | |||
| Net change in cash | -2.11M | 1.19M | 247K | -898K | |
| Cash on hand | 2.6M | 4.71M | 3.52M | 3.27M |
Financial data from company earnings reports
Institutional ownership Q3 2019
13F holders |
Current |
|---|---|
| Total holders | 15 |
| Opened positions | 1 |
| Closed positions | 2 |
| Increased positions | 3 |
| Reduced positions | 5 |
13F shares |
Current |
|---|---|
| Total value | 2.61M |
| Total shares | 263.18K |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| FMR | 138.23K | $1.37M |
| Dimensional Fund Advisors | 72.49K | $718K |
| Vanguard | 25.05K | $248K |
| Bridgeway Capital Management | 17.65K | $175K |
| UBS UBS | 2.12K | $21K |
| Captrust Financial Advisors | 2.01K | $20K |
| James Investment Research | 1.97K | $19K |
| BAC Bank of America | 1.26K | $13K |
| MS Morgan Stanley | 1.2K | $12K |
| Acadian Asset Management | 767 | $8K |
Financial report summary
?Competition
Lifetime BrandsManagement Discussion
- The Company’s consolidated revenues from operations increased approximately$3,159,000or9.0%for the nine month period ended September 30, 2019 when compared to the same period in 2018. During this period the ATG increased both commercial shipments by approximately $3,117,000 and government shipments by approximately $781,000. This was partially offset by the CPG decrease of commercial shipments by approximately $655,000 and government shipments by approximately $84,000.
- The Company’s consolidated revenues from operations decreased approximately $406,000 or 3.2% for the three month period ended September 30, 2019 when compared to the same period in 2018. During this period the ATG increased both commercial shipments by approximately $197,000 and government shipments by approximately $344,000. This was offset by the CPG decrease of commercial shipments by approximately $889,000 and government shipments by approximately $58,000.
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
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New words:
building, Connecticut, converted, October, promotion, supplier, tooling
Removed:
enterprise, implementation, integral, part, planning, resource
Financial reports
10-Q
2019 Q3
Quarterly report
14 Nov 19
10-Q
2019 Q2
Quarterly report
14 Aug 19
10-Q
2019 Q1
Quarterly report
13 May 19
10-K
2018 FY
Annual report
14 Mar 19
10-Q
2018 Q3
Quarterly report
13 Nov 18
10-Q
2018 Q2
Quarterly report
13 Aug 18
10-Q
2018 Q1
Quarterly report
14 May 18
10-K
2017 FY
Annual report
23 Mar 18
10-Q
2017 Q3
Quarterly report
13 Nov 17
10-Q
2017 Q2
Quarterly report
14 Aug 17
Current reports
8-K
First Quarter Results
14 May 19
8-K
Departure of Directors or Certain Officers
30 Apr 19
8-K
Results of Operations and Financial Condition
14 Mar 19
8-K
Results of Operations and Financial Condition
13 Nov 18
8-K
Results of Operations and Financial Condition
13 Aug 18
8-K
Departure of Directors or Certain Officers
1 Jun 18
8-K
Results of Operations and Financial Condition
14 May 18
8-K
Results of Operations and Financial Condition
23 Mar 18
8-K
Departure of Directors or Certain Officers
16 Nov 17
8-K
Results of Operations and Financial Condition
13 Nov 17
Proxies
DEF 14A
Definitive proxy
29 Mar 19
DEF 14A
Definitive proxy
23 Apr 18
DEF 14A
Definitive proxy
5 Apr 17
DEF 14A
Definitive proxy
28 Apr 16
DEF 14A
Definitive proxy
30 Apr 15
DEF 14A
Definitive proxy
10 Apr 14
DEF 14A
Definitive proxy
1 May 13
DEF 14A
Definitive proxy
4 Jun 12
DEF 14A
Definitive proxy
2 Jun 11
DEF 14A
Definitive proxy
3 Jun 10
Other
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
25 May 17
UPLOAD
Letter from SEC
2 Dec 16
CORRESP
Correspondence with SEC
1 Dec 16
UPLOAD
Letter from SEC
29 Nov 16
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
29 May 15
NO ACT
No action letter
19 Feb 15
SD
Conflict minerals disclosure
4 Jun 14
Ownership
SC 13G/A
Beneficial ownership report (amended)
14 Feb 19
SC 13G/A
Servotronics Inc /De/
13 Feb 19
SC 13G/A
Servotronics Inc /De/
13 Feb 18
SC 13G/A
Beneficial ownership report (amended)
13 Feb 18
SC 13G/A
Beneficial ownership report (amended)
13 Feb 17
SC 13G/A
Beneficial ownership report (amended)
12 Feb 16
SC 13G/A
Beneficial ownership report (amended)
5 Mar 15
SC 13G
Servotronics Inc /De/
13 Feb 15
SC 13G/A
Beneficial ownership report (amended)
14 Feb 14