servotronics, inc., founded in 1959, is an award winning company known for its design, development, and manufacture of high quality components, systems and sub-systems for use wherever precise control, reliability and cost containment are primary requirements. our products include servocontrol valves, torque motors, actuators, check valves, pressure regulators, metallic seals and many other products which are used in a wide range of applications. these applications range from outer space, military, and commercial aircraft, helicopters, ground vehicles, test equipment, and precision controls of all types. servotronics' reputation as a "problem solving company" is well earned and is well recognized. our new "state-of-the-art" 21st century 82,000 sq. ft. facility is designed for the express purpose of providing high tech/high quality components and systems at the lowest possible cost. each employee has a personal vested interest in the company and an unequivocal personal commitment to
Company profile
Ticker
SVT
Exchange
Website
CEO
Kenneth D. Trbovich
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Ontario Knife Company • Queen Cutlery Company • G.N. Metal Products, Inc. • SVT Management, Inc. • MRO Corporation • TSV ELMA, Inc. • 87 South Main Corp. • King Cutlery, Inc. • TSV Franklinville, Inc. ...
IRS number
160837866
SVT stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
10-K
2023 FY
Annual report
22 Mar 24
8-K
Servotronics, Inc. Names Harrison W. Kelly III as New Chief Operating Officer
1 Feb 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K
Completion of Acquisition or Disposition of Assets
3 Aug 23
8-K
Departure of Directors or Certain Officers
13 Jul 23
8-K
Entry into a Material Definitive Agreement
13 Jul 23
8-K
Entry into a Material Definitive Agreement
30 Jun 23
Latest ownership filings
144
Notice of proposed sale of securities
15 Apr 24
4
Change in insider ownership
9 Apr 24
144
Notice of proposed sale of securities
8 Apr 24
144
Notice of proposed sale of securities
5 Apr 24
4
William F Jr. Farrell
3 Apr 24
4
James C Takacs
27 Mar 24
4
Robert Fraass
27 Mar 24
4
Harrison Kelly
27 Mar 24
4
William F Jr. Farrell
27 Mar 24
144
Notice of proposed sale of securities
26 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
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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) | 308.00 k | 308.00 k | 308.00 k | 308.00 k | 308.00 k | 308.00 k |
Cash burn (monthly) | 196.00 k | 319.00 k | (no burn) | 417.50 k | (no burn) | 203.33 k |
Cash used (since last report) | 1.34 mm | 2.18 mm | n/a | 2.85 mm | n/a | 1.39 mm |
Cash remaining | -1.03 mm | -1.87 mm | n/a | -2.54 mm | n/a | -1.08 mm |
Runway (months of cash) | -5.3 | -5.9 | n/a | -6.1 | n/a | -5.3 |
Institutional ownership, Q2 2023
62.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 14 |
Opened positions | 3 |
Closed positions | 4 |
Increased positions | 3 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 4.07 bn |
Total shares | 1.59 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Estate of Nicholas D. Trbovich, Sr. | 507.36 k | $0.00 |
Beaver Hollow Wellness | 461.91 k | $0.00 |
Wax Asset Management | 179.39 k | $1.99 mm |
FMR | 137.63 k | $1.89 bn |
Star Equity Fund | 135.00 k | $0.00 |
Dimensional Fund Advisors | 57.34 k | $788.36 mm |
Oppenheimer & Close | 45.90 k | $596.70 mm |
Vanguard | 27.65 k | $359.45 mm |
Bridgeway Capital Management | 19.65 k | $255.49 mm |
Courier Capital | 10.00 k | $130.00 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | William F Jr. Farrell | Common Stock | Payment of exercise | Dispose F | No | No | 13.02 | 1,820 | 23.70 k | 23,586 |
25 Mar 24 | James C Takacs | Common Stock | Grant | Acquire A | No | No | 12.63 | 930 | 11.75 k | 19,615 |
25 Mar 24 | Robert Fraass | Common Stock | Grant | Acquire A | No | No | 12.63 | 1,574 | 19.88 k | 5,061 |
25 Mar 24 | Harrison Kelly | Common Stock | Grant | Acquire A | No | No | 12.63 | 1,905 | 24.06 k | 3,691 |
25 Mar 24 | William F Jr. Farrell | Common Stock | Grant | Acquire A | No | No | 12.63 | 2,771 | 35.00 k | 25,406 |